Is anyone else starting to become a bit excited?

q85dw7osi4lebg

Bob24 wrote: »

See section 9.4 of this document which is probably the driver for him planning on 3 years minimum: https://www2.deloitte.com/content/dam/Deloitte/ie/Documents/Tax/ie-tax-ges-moving-abroad-guide.pdf

The key part is:



Completely unfair and abusive IMO, but that is the way it seems too be.

This is it exactly.

FFVII

.https://cointelegraph.com/news/bitcoin-whale-sell-off-could-capsize-btc-s-voyage-above-16-200/amp

q85dw7osi4lebg

FFVII wrote: »

.https://cointelegraph.com/news/bitcoin-whale-sell-off-could-capsize-btc-s-voyage-above-16-200/amp

FUD

Bob24

Fun fact from which you can make out whatever you want: there has only been a total of 12 days in history whereby Bitcoin had a higher price than the value it reached last night (in USD).

https://cointelegraph.com/news/the-bitcoin-price-has-only-been-higher-than-now-for-12-days-in-its-history

q85dw7osi4lebg

Taxes are 50% of the Portugese case, this is the other half.

RIALTO1

Lex Luthor wrote: »

cost average in and put it away

there's a flare spark token airdrop on the 12th Dec and you will get minimum 1:1 Spark for each XRP
there is no value associated with the spark token as of yet

It could drive XRP demand up a bit coming towards the date who knows

I've got myself a bag and dont stress too much on them as they are one of the only crypto companies pushing for regulation and I think they are worth a gamble long term (5yrs)

Sorry if not the the right place to ask. I bought some XRP through Kraken. Just checking in on it, and see that they will not credit this airdrop, saying I need a hardware wallet. It suggests Ledger or Trezor. I assume I will have to pay for this? I'm a bit clueless with this, could anyone explain in laymans terms what I need to do, or point me in the right direction. cheers

FFVII

Addison Fancy Macrame wrote: »

FUD

1 massive sale was reason for last drop though?

Lex Luthor

RIALTO1 wrote: »

Sorry if not the the right place to ask. I bought some XRP through Kraken. Just checking in on it, and see that they will not credit this airdrop, saying I need a hardware wallet. It suggests Ledger or Trezor. I assume I will have to pay for this? I'm a bit clueless with this, could anyone explain in laymans terms what I need to do, or point me in the right direction. cheers

doesnt look like so far but possible
https://en.ethereumworldnews.com/binance-kraken-in-talks-to-support-xrps-spark-token-airdrop/

The Ledger setup is easy enough but takes about 10 min

if you dont want to get a Ledger then maybe setup an Uphold account on their exchange. Very easy to do

jobless

Addison Fancy Macrame wrote: »

Taxes are 50% of the Portugese case, this is the other half.

lol what happens in year 3 if crypto crashes again... another three years

q85dw7osi4lebg

jobless wrote: »

lol what happens in year 3 if crypto crashes again... another three years

Will take it one day at a time! :pac:

cnocbui

Bob24 wrote: »

...

Completely unfair and abusive IMO, but that is the way it seems to be.

Also, it looks like there is no clear legal definition of how you become "domiciled" (except by the virtue of being born in Ireland). So I think someone who is not originally from Ireland, lives here for a couple of years, and then leaves the country will not necessarily have this 3 years issue - but it is a bit foggy to me and probably a discussion for a thread on a legal or taxation forum.

It doesn't have to be 3 years, if you don't intend to return. You can cash out the minute you have a local bank account if you want. Irish laws ends at the Irish border.

cnocbui

FFVII wrote: »

1 massive sale was reason for last drop though?

There are potentially far larger whales swimming in the sea than the pint sized Bitcoin whales. If they try their big drop tricks now, one of the new whales could go on a, buying spree with the price climbing fast or barely falling and the whale could find itself unable to buy back in cheaply and so might find itself out of the game this time.

Donegal1234

Coinbase earn released two more lessons on zcash for 2 dollars. It’s not much but every little helps.

q85dw7osi4lebg

No better way to start the weekend than a good stack of Bitcoin with the morning coffee.

One More Toy

Addison Fancy Macrame wrote: »

No better way to start the weekend than a good stack of Bitcoin with the morning coffee.

I think I'll join you

One More Toy

Guys I'm having a problem trying to transfer bitcoin from coinbase to my ledger Nano s.

When I use the QR code coinbase says it doesn't look like a valid address

I updated the firmware on my nano just now, any ideas?

Thank you in advance

Edit: got sorted by copying and pasting the address. Anyone else having this problem?

Gooey Looey

One More Toy wrote: »

I think I'll join you

Yep me too

makeorbrake

One More Toy wrote: »

Edit: got sorted by copying and pasting the address.

Whenever you copy and paste an address, always double check the address after pasting (lest you have malware and they've swapped out your address for theirs).

One More Toy

makeorbrake wrote: »

Whenever you copy and paste an address, always double check the address after pasting (lest you have malware and they've swapped out your address for theirs).

Oh yes I made sure of this. Don't know why the qr code on the ledger wasn't accepted after the firmware update

Lex Luthor

Grayscale has bought another 15,000 Bitcoin this week and this.....

https://twitter.com/petermccormack/status/1327666130421477383?s=24

Irish_rat

Is bitcoin atms the only way around kyc. Their fees are ridiculous though

Lex Luthor

been trying to get some info on the whole Portugal CGT exempt and its a bit confusing, however have yet to find somewhere where it states its 0% CGT

https://www.blevinsfranks.com/news/article/Portugal-capital-gains-tax#:~:text=Capital%20gains%20tax%20for%20Portuguese%20residents&text=Shares%2C%20securities%20and%20bonds%20are,actually%20quite%20generous%20for%20residents.

Bob24

Lex Luthor wrote: »

been trying to get some info on the whole Portugal CGT exempt and its a bit confusing, however have yet to find somewhere where it states its 0% CGT

https://www.blevinsfranks.com/news/article/Portugal-capital-gains-tax#:~:text=Capital%20gains%20tax%20for%20Portuguese%20residents&text=Shares%2C%20securities%20and%20bonds%20are,actually%20quite%20generous%20for%20residents.

As I understand, Portugal does have CGT, but it doesn’t apply to crypto as it is not considered an asset for the purpose of CGT calculation. Would have to be verified though.

There are also quite a few countries in the world (including some in Europe) which don’t have CGT at all, in these the situation would be more clear. Singapore would be a nice one to live in IMO, but I don’t know how easy it would be to become a resident there.

One More Toy

Can anyone recommend a good portfolio app for android? Tia

Dohnjoe

One More Toy wrote: »

Can anyone recommend a good portfolio app for android? Tia

Blockfolio for the portfolio and CMA app for quickly checking prices

One More Toy

Dohnjoe wrote: »

Blockfolio for the portfolio and CMA app for quickly checking prices

Thank you

Lex Luthor

I use coin stats

frag420

Has anyone used their revolute app to buy crypto currencies?

I want to dabble a little and it seems straight forward but I want to hear what others think first!?

Any advice appreciated,

One More Toy

frag420 wrote: »

Has anyone used their revolute app to buy crypto currencies?

I want to dabble a little and it seems straight forward but I want to hear what others think first!?

Any advice appreciated,

Nah just use coinbase

I can give you a referral link that gives us both €9 in bitcoin when you make your first purchase of €90

q85dw7osi4lebg

frag420 wrote: »

Has anyone used their revolute app to buy crypto currencies?

I want to dabble a little and it seems straight forward but I want to hear what others think first!?

Any advice appreciated,

You’re not actually buying the cryptocurrency, just an IOU from Revolut. If you want exposure to the price swings in crypto it’s fine, but it’s not actually crypto and you can’t withdraw or send it.

unkel

The Netherlands have no CGT at all.

One More Toy

unkel wrote: »

The Netherlands have no CGT at all.

Be right back I'm booking my plane ticket

cnocbui

Irish_rat wrote: »

Is bitcoin atms the only way around kyc. Their fees are ridiculous though

Are you trying to completely avoid KYC or are you just having a problem meeting exchange requirements?

Bob24

unkel wrote: »

The Netherlands have no CGT at all.

If I get it right, there is no CGT because they have a wealth tax instead. I.e. each year you are taxed 1.2% of your net assets value (excluding your primary residence and any amount below 20000 euros).

If that is correct it is pretty crap for a crypto holder, as it means every year you have to hand out 1.2% of the euro value of your holdings to the taxman (even if you haven’t disposed of those assets).

Edit: this seems to confirm it: https://www.expatbriefing.com/country/netherlands/taxation/investment-taxation-for-expats-in-the-netherlands.html

cnocbui

unkel wrote: »

The Netherlands have no CGT at all.

Same for NZ.

el diablo

Irish_rat wrote: »

Is bitcoin atms the only way around kyc. Their fees are ridiculous though

www.localbitcoins.net

tcawley29

Anyone else holding any ZIL these days? Thoughts?

Str8outtaWuhan

el diablo wrote: »

www.localbitcoins.net

how kosher is this?

cnocbui

Str8outtaWuhan wrote: »

how kosher is this?

For Chuck Norris; very.

Lex Luthor

tcawley29 wrote: »

Anyone else holding any ZIL these days? Thoughts?

Staking not as big now as a few weeks ago, it started @ 29% , now @ 21%

The gZil is massive incentive though

Could potentially double your account in 12 months in terms of quantity, not to mind potential growth

el diablo

Str8outtaWuhan wrote: »

how kosher is this?

It's safe. Just make sure you use someone with a high feedback score and a high amount of trusted verifications.

banie01

Well, can't say I was expecting that LTC spike but I certainly enjoyed it.
I do need to move away from my very outdated mindset of BTC/Gold, ETH/Silver and LTC/Bronze mindset for my allocations though.

q85dw7osi4lebg

Is anyone else starting to become a bit excited?

cnocbui

Addison Fancy Macrame wrote: »

Is anyone else starting to become a bit excited?

Oh yes.

Lex Luthor

Addison Fancy Macrame wrote: »

Is anyone else starting to become a bit excited?

then its time to sell if everyone is feeling excited

Even XRP has hit $0.30, something is wrong

q85dw7osi4lebg

Lex Luthor wrote: »

then its time to sell if everyone is feeling excited

Even XRP has hit $0.30, something is wrong

Yes something out of place in the Universe alright. I’ve a feeling there will be many new XRP etc bag holders after the next bull run. Human nature. The only friend I have who owns Bitcoin also owns XRP despite knowing nothing about XRP or Ripple. Only owns it because it seems cheap.

Whelo79

****'s getting real!

One More Toy

Whelo79 wrote: »

****'s getting real!

$17,000 worth of real!

ZeroThreat

Novogratz is saying $65,000 this cycle

Lex Luthor

Addison Fancy Macrame wrote: »

Yes something out of place in the Universe alright. I’ve a feeling there will be many new XRP etc bag holders after the next bull run. Human nature. The only friend I have who owns Bitcoin also owns XRP despite knowing nothing about XRP or Ripple. Only owns it because it seems cheap.

I think the Spark token airdrop might be influencing the price, could see a rise up until the 12th Dec and then a big sell off