ATO targeting Bitcoin

[renovator]

+1

"Dillusional" is what anyone is who thinks there isn't ways to make your cash out anonymous.

There would be a whole swag of Silk Road sellers going down if anonymous cash outs weren't possible, but so far they've been untouchable.

The Bitcoin discussions on this forum are endlessly amusing, in that so many people who know nothing about the subject seem to think they know it all. :lol:

. The thing that amuses me with you guys is you think ur so anonymous but here you are telling anybody that will listen that u have bitcoins & made a motza with them .I wouldnt be surprised if there was members on here that worked for the ato lol Is it really that hard to find ur ip address then track you down :lol: bwuhahahahaha very funny indeed.Not that they would or if they really care but if they wanted they could

So please do tell us how you can cash out here in oz anonomously without it going into your bank account . Is there a back alley somewhere that you can walk into with a balaclava & your pc & get cash ?or do u need to have it transferred into an institution ?.I am talking cash here not buying goods with them im sure you can buy goods no problem but im talking cashing out not bartering out ..
Ive seen the guys explain how they are cashing out & it involves your bank details . So i think you need to enlighten the other guys too .

When you do a person-to-person exchange i.e. not through an exchange. The only bank record is a transfer from person A to person B. Who's to say what that transfer was for?

Also I know of people who've gone directly from BTC to Silver or Gold. Absolutely no bank trail.

but you also cashed out through your bank account through your own admission

 

[renovator]

The thing that amuses me with you guys is you think ur so anonymous but here you are telling anybody that will listen that u have bitcoins & made a motza with them .I wouldnt be surprised if there was members on here that worked for the ato lol Is it really that hard to find ur ip address then track you down :lol: bwuhahahahaha very funny indeed.Not that they would or if they really care but if they wanted they could

So please do tell us how you can cash out here in oz anonomously without it going into your bank account . Is there a back alley somewhere that you can walk into with a balaclava & your pc & get cash ?or do u need to have it transferred into an institution ?.I am talking cash here not buying goods with them im sure you can buy goods no problem but im talking cashing out not bartering out ..
Ive seen the guys explain how they are cashing out & it involves your bank details . So i think you need to enlighten the other guys too.

First up, I personally don't care about anonominity so am happy to cash out via bank accounts (as most here are) and pay my taxes (although not all countries have capital gains tax remember). But others do care about being off the radar and it is entirely possible.

As well as face to face transactions, there are services around (even in Australia), who will accept Bitcoin and then post you cash in the mail for it - risky yes, but I'll bet 99.99% of that mail doesn't get stolen in the post.

As willrocks said above, he knows of plenty of BTC to Silver or Gold transactions that leave no bank trail - I've been involved in a few myself.

There are many many other ways, some much more involved than the above and designed for much larger amounts. But I am going to (perhaps wrongly) assume you are not stupid and can do your own research since I don't need to be spending all day explaining it.

I also suggest you take just 2 minutes to check into how hard it really is to mask your IP address (start with a quick read up on the TOR browser). :lol:

:lol: at the fact you outed yourself that youve been involved in a few ato avoiding transactions on the internet .Oh guys you really do have a lot to learn :

 

[pro$pector]

:lol: at the fact you outed yourself that youve been involved in a few ato avoiding transactions on the internet .Oh guys you really do have a lot to learn :

Hahaha what the hell are you rambling about...the end of the tax year hasn't even arrived yet so no-ones avoided anything... :lol:

I didn't out myself more than anyone else who sold gold or silver for fiat on the buy/sell threads. In fact, because it was a BTC > metals swap there may not even be tax implications, I better get the banking and finance lawyer misses on to that one for me. The ATO doesn't recognise BTC as a currency currently.

There seems to only be one clown on this thread who has anything to learn..

 

[jparrie]

Not wishing to interrupt a most entertaining bitch fight on this thread but...anonymity, if you want it, really isn't that hard to obtain.