1017800+ entries in 0.77s
Diablo-D3: copumpkin:
the community of peace. sure.
copumpkin: I propose we rename
the community into Peaceful, Pleasant, and Professional
Chaang-Noi: peaceful and professional,
that is
the bitcoin way! :)
copumpkin: trying
to resolve
things peacefully and professionally
Diablo-D3: matthewh3: scam your own investors on your own
time
matthewh3: RSM is looking
to expand into buy into GLBSE investment funds and good organically growing mining stocks.
nefario: I can't really comment on
that
Diablo-D3: nefario: yes, and
they've clearly voted against you
nefario: Diablo-D3: it's up
to
the shareholders
Diablo-D3: matthewh3: you're offering
to fuck over
the shareholders and get overly obsessed with mining
matthewh3: If DMC was going
to liquidise or change CEO I'm just offering
the shareholders options. If not and
they have confidence on you
to stay no harm done or no loss by any party.
Diablo-D3: copumpkin: neither are women, so I dunno about
that
nefario: had someone offer me citizen ship of a small country if I want
to dissapear
nefario: ja I got a lot of
this at
the conference
copumpkin: believe it or not, bitches and girls are not interchangeable
terms!
Diablo-D3: nefario: you've yet
to prove any such
things.
toffoo: like
two bitches wearing
the same dress
to
the prom
Chaang-Noi: back
to reading about
the russian rev...
Diablo-D3: matthewh3: stop spamming
the dmc with your bullshit
matthewh3: look I'm just offering your share holders a
third option.
Chaang-Noi: if 90% of assets on glbse are "illegal"
then glbse is pretty dead
copumpkin: but since glbse isn't a
traditional exchange structure, it might have more responsibility
copumpkin: I just mean it wouldn't necessarily shut down
the entire exchange
copumpkin: so it might end up being something like
the safe harbor crap on
the internet
Chaang-Noi: if nyse listed a company
that did not follow
the regulated rules yes copumkin
they very much do
Lucidize: this is like a room of scary people chasing nefario into
the corner
copumpkin: although nefario is kind of overstepping
the
typical exchange boundaries
copumpkin: they go after NYSE if a company listed
there is found
to be fraudulent?
kakobrekla: 16:26.35 ( Chaang-Noi ) what if pirate
turns out
to be a ponzi,
Chaang-Noi: what if pirate
turns out
to be a ponzi, or
there is a ponzi later on and glbse has
that stuff on it..
that will be bad cuz
the govt will go after you nefario (if england is anything like
the usa)
Chaang-Noi: glbse might not be illegal but i bet many of
the assets on glbse are
Chaang-Noi: selling bonds in pounds, and gold and bitcoin needs
to follow
the same rules...
copumpkin: (if you mean banning large cash
transactions, etc.)
copumpkin: Smoovious:
that's mostly individual countries with high
tax evasion
though
nefario: yes kakobrekla, bigger
than
the FSA
Chaang-Noi: can you sell unregulated bonds and stocks in england and price it in gold
to get out of
the rules??? i highly doubt it
nefario: but by
then we'll be bigger
nefario: well
thats
the case for everything
Chaang-Noi: im worried about
trading bonds and assets
Chaang-Noi: im not worried about it
traded as a currancy
nefario: Smoovious:
the FSA has already said
that bitcoin denominated exchanges don't come under
their regulatory umbrella
Chaang-Noi: when i was looking
to set up my own exchange
nefario: then we'll have
to wait until
that day
Chaang-Noi: i kinda
think smoovious might be right.
nefario: I wouldn't be registering if
that was
the case
nefario: if you don't want
to be involved
then what
the can I do
copumpkin: yeah, it's kinda uncharted
territory :)
Chaang-Noi: yes, i would find
that point valid however i am still worried about working with a legal company in england listed bonds and assets...
nefario: llc means
the company needs
to be run a specific way, with accounting and auditing, but not regulation of
the actual business
copumpkin: limited liability is an awfully good reason
to register, when you're dealing with big loads of other people's money :)
Chaang-Noi: limited liability would be a reason
to register, however
that calls for some regulation of
this stuff i would assume.
copumpkin: Chaang-Noi: you keep repeating
that, knowing nothing of
the situation in
the UK
kakobrekla: dunno, i have done 10k eur last year, and more
than
that
this year
Chaang-Noi: i understand you want
to pay
taxes, and be legal on
that.
that is good, but you dont need
to register glbse as a company.
copumpkin: he's not personally
trading currency
kakobrekla: now you are
taking
the money from fees
kakobrekla: gains from personal currency
trading are not
taxed in eu
Chaang-Noi: then do
that. but keep glbse out of it.
Chaang-Noi: in england people who do odd jobs, how do
they declair
their income?
Chaang-Noi: nefario im going
to call BS you do not need
to register glbse as a company
to pay
taxes, you can find a differnt way
to pay
taxes.
nefario: in
the UK you need
to register as self employed
Chaang-Noi: in
the usa you can
trade stocks and gold with out having a company
to do it...
Chaang-Noi: i
tell my accountant i
traded internet money and made
this much,
then
they
take a cut...
Chaang-Noi: im not sure how it works in england but i do not need
to have a company
to pay
taxes on income i make in btc...
nefario: which means I need pay
tax on
that
copumpkin: seems like a reasonable reason
to make a company
nefario: means BTC needs
to be changed for GBP
nefario: I have
to pay rent and food in GBP
Chaang-Noi: what do you want
to gain by registereing with
the english govt?
nefario: do you
think I have any alternative path?
Chaang-Noi: im pretty srue if you go
this path i will not want
to have assets listed on glbse unless i full understand what is going on.
nefario: which means we'll see it coming down
the road years before
nefario: they have
to pass
through parliament
nefario: Chaang-Noi: laws don't get passed in
the middle of
teh night behind closed doors here
Chaang-Noi: and we will all be breaking
the law over night when some law gets passed we dont know about until after...
nefario: it's monopoly money as far as
they're concerned
nefario: but current financial legislation doesn't apply
to bitcoin related businesses
Chaang-Noi: but you want
to now be regulated by england?