AUSFAG here - in australia if you withdraw profits made with cryptocurrency, you have to pay 48% capital gains tax. Any stories or suggestions as to how people minimize the tax they pay.
Avoiding tax is wrong and you will get caught. Pay the taxes until crypto takes over the world and you wont have to any more ;)
>>3427571
jesus fucking christ, in the UK capital gains is like 0 on the first £11,000, and 10% up to £44,500
How about buying stuff directly with BTC.
BEIJINGChinese authorities plan to shut down domestic bitcoin exchanges, delivering a final blow to a once-thriving industry of commercial trading for virtual currencies, which took off inside the mainland four years ago.
The country’s central bank has led a draft of instructions that would ban Chinese platforms from providing virtual currency trading services, according to people familiar with the matter. The move comes after months of scrutiny by Beijing, including a ban last week in China on initial coin offerings, a kind of fundraising via virtual currencies.
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Heard on the Street: Beijing and Bitcoin Don’t Mix
Regulators in China have been investigating the domestic market for bitcoin and other virtual currencies since the beginning of the year. For a while, officials considered enacting antimoney-laundering rules on exchanges, even circulating a draft of such rules for them to follow.
But the stakes for Beijing grew as prices of virtual currencies like bitcoin soared, adding to the risk of further speculation by domestic investors. Analysts and investors say one reason bitcoin prices rose last year was that Chinese people began using the asset as a way to bet that the value of the yuan would fall. Virtual currencies in theory can allow holders to bypass the traditional banking system to move money outside of China’s capital-controlled borders.
The People’s Bank of China didn’t respond to a request for comment.
good riddance
>>3427555
https://www.bloomberg.com/news/articles/2017-09-11/china-is-said-to-ban-bitcoin-exchanges-while-allowing-otc-trades-j7fofh20
Ok guys, we have the cap. but what they intend to do with all the chinks whitelisted? Also, will it moon? The cap is not so low
The first cap I refer to is the individual contribution cap, the second is the market cap
>>3427538
Whats the cap?? No email yet/no slack news for me
>>3427538
chinks because of ban will buy bags at x2 x3 at cheapest
Any suggestions for books on finance? Not looking for anything too specific, just trying to educate myself a bit
Just get in the game nigga, fuck a book just but some Ark or BAT and get rich
>>3427532
I already tried that big guy and guess what? I fucked it all up and didnt make shit, i respect your hard dick operator attitude tho
>>3427526
How to bomb the US government has everything you need to know about what's going to happen in the future.
Fucking sodastream is going to do for soda what 3d printing did for assault rifles
Just bought in $10k how long until my first lambo?
>>3427523
in this market, about 4 weeks
A couple days if you gimme 0.02 BTC
1G74eppbW38VfRAqYbfPiuRMnWvrQTmSUB
>>3427523
If you bought IOTA, expect to be able to buy ten lambos within the year.
i can't pay my bills this month /biz/, what coin do i buy to double my money in the next two weeks or one month max?
Komodo
>>3427499
You suck dicks cheap
Learn to cheat at poker.
Accumulate slowly, at small chunks, with time intervals. Do not spike the price up. Do not get greedy.
fuck off pajeet
>>3427440
>Indian discovered reverse psychology
Where?
About 5 days in and already hooked, I absolutely refuse to be living pay check to pay check and need that Benz before 25, currently 19.
I know people hate these threads but please help me tweak my portfolio or even take a look and give me some tips, cheers /b
>>3427423
IOC. Best chance of 10x right now.
The only problem with your portfolio is that you need to put more money into it. Add a little bit at a time and you'll make it.
>>3427423
You portfolio needs to be more diverse, some IOTA should do the trick
how likely am i to get into the crowdsale? i applied pretty early
not happening
>>3427396
Pretty easy once they refund all the presale pools due to biztards fucking it up.
>>3427433
what specifically? the crowdsale or my participation in it
>mfw some plankton try and buy into my sell-walls
this coin ain't mooning until I'm ready
>>3427315
>larping as a sea creature
>>3427330
LOVE GAMES
>mfw I'm a whale on smaller exchanges
Pajeet make 100,000,000,000 coins.
Pajeet sell 1 coin for $1 to hes brother Pansun.
Now we have $100,000,000,000 capitalisation.
WOW!!!
>>3427297
thanks for the reminder
Wojakcoin Air-Drop incoming!
https://discord.gg/urKnRJ
Wojak's helping me to buy a car.
WjLvQS8dZQU7CJErniMVm9s9h6WPb8R5xG
will surely watch the time for it! Great time, as always. :-)
can confirm OP's drops are legit btw.
[spoiler]crypto will never replace fiat[/spoiler]
>>3427239
More like the other way round
Nice spoiler newfag LOL
Probably not but they can coexist and the more governments fuck up the more people will favor crypto.
This piece of shit kills every coin it touches. Keep it AWAY from my precious Ark PLEASE.
Binance is THE moon mission.
Binance.
Trial by Fire, it is.
Only the bravest, strongest shall survive..
The ones destined for greatness shall rise.
>>3427222
Its like bittrex but better now. Chinese IP's are banned from trading so they cant dump
will they ever go back up
i got in at the ICO for $2, last i checked they were going for $3
i hope i can at least get a 2x flip out of this one
>>3427232
i bought at the absolute all time high
i know im supposed to hold these 21 lizards until 2020 but my hands are getting weak guys
I heard the Chinese were going to ban them.. is that t-true?