Search results

  1. jerrygold

    ICX - Icon

    Is there some site or information you can provide about it?
  2. jerrygold

    Ripple

    Yeah the problem with labels (like libertarianism) is they can mean different things to different people and general consensus may be impossible to achieve.... not that it stops people arguing over it. Not everyone will fault you for making money with bullshit systems that are corrupt or have...
  3. jerrygold

    Ripple

    I think you misunderstood. With Bitcoin you can hold them and the no government has any idea (if done properly) whose bitcoins they are. Other cryptos are even better on this front (monero, etc). With ripple it will be that the government knows you own Ripple and then see what you are doing...
  4. jerrygold

    Ripple

    It will be interesting to watch what they will do with that. I've paid tax on every cent I've cashed into AUD so I won't get in trouble for anything. If your tax statements don't match what you actually cash out, and its a lot, they will get you eventually no doubt.
  5. jerrygold

    Monitoring the Crypto Bubble

    Bitcoin needs to do something in regards to its fee structure if it ever wants to capture the KFC market.
  6. jerrygold

    Ripple

    Ripple is shit, ethereum tears it to bits and is open (for now). Any cryptocurrency that requires ID and authorization is just an extension of the fiat network and by definition shit. Has nothing to do with nerds, its just a stupid regulation that will block progress. I don't have anything...
  7. jerrygold

    Ripple

    Your position is respectable. You realize what ripple is and make profit of it, as have others. You can be against shit like ripple yet still make profit off it.
  8. jerrygold

    Ripple

    They will *NEVER* create more XRP. It would be suicide to do so after all the hoopla around how ripple was created. The smarter thing to do would be to create another currency inchain that is exactly like XRP just not XRP, that can be inflated by them when deemed necessary like central banks...
  9. jerrygold

    Monitoring the Crypto Bubble

    Well right now you would have nearly made $2000 AUD per bitcoin in a few hours of "work" . I won't realize these profits today because its better to wait for the next cycle. I value increasing my bitcoin holdings more than fiat as to this point in time it has been the best strategy.
  10. jerrygold

    Monitoring the Crypto Bubble

    You can't decentralize fiat . You can only work around it temporarily. Why do people think you can control something that is designed for government and banks to control and only them. You could do a decentralized crypto only exchange. The best hope for the future is that we can buy more things...
  11. jerrygold

    Monitoring the Crypto Bubble

    Bitcoin law 101, what goes down always goes back up!!!!!
  12. jerrygold

    Alt coins to watch 2018

    Which is fine if they can all be exchanged without government intervention. Maybe every person can have their own coin and you can invest in Tom Cruise or Elon Musk before they are famous and sell after. Imagine the possibilities, some poor african kid invests in the next Brad Pitt and trades...
  13. jerrygold

    Monitoring the Crypto Bubble

    How to make money with bitcoin on January 11 2018. 1) Wait for negative article to be released 2) SELLLLLLLL 3) Price drops 15% in an hour 4) Buy back making 15% more bitcoins 5) Wait for next cycle
  14. jerrygold

    Ripple

    Why would ripple do that deal with those banks? 5 billion ripple for nothing able to be cashed in at any point? Now they are trying to get out of their bad deal. Looks like they should easily lose that case.
  15. jerrygold

    ico with an actual business > canya

    Are you one of the HODL club or have you realized profits?
  16. jerrygold

    Dogecoin has hit 0.015 $!

    That is different, when the ATO come at you and want information of course you have to supply something to satisfy them. If it goes to court though they actually need evidence of foul play. The thing is though that in most cases they won't even start an investigation until they have evidence of...
  17. jerrygold

    Dogecoin has hit 0.015 $!

    Unless you are making large amounts you are most definitely going to fall in the cracks. On the macro level the ATO will know income from an exchange is different than a random bank transfer. That being said they won't know it should be taxable without a more thorough investigation of which...
  18. jerrygold

    Dogecoin has hit 0.015 $!

    Even if an exchange sends all the trade information, which there could be thousands/millions depending upon the person, what will they do with it? They are going to calculate tax on all those conversions back and forth? It would be an insane amount of work for just one person. Them doing this...
  19. jerrygold

    Dogecoin has hit 0.015 $!

    Like I said, how would they know a valid crypto thing from a finger in their ass? Hint. They wouldn't.
  20. jerrygold

    Dogecoin has hit 0.015 $!

    Yeah imagine the ATO trying to prove you didn't hold a crypto over a year, all those crypto experts they have there who if they are crypto experts are making way more money trading than working.
Back
Top