867500+ entries in 0.604s
gribble: MtGox BTCUSD
ticker | Best bid: 113.37502, Best ask: 113.81005, Bid-ask spread: 0.43503, Last
trade: 114.12000, 24 hour volume: 10340.07157438, 24 hour low: 112.00000, 24 hour high: 114.69000, 24 hour vwap: 113.62210
Duffer1: i
think if 113+ can be sustained for
the next day or so we'll see bitstamp/campbx come up
to 105ish
taub: but
that has yet
to happen
taub: yea but
the discrepancy hasn't been
this strong, especially if one ends up breaking out above and
the other below
pankkake: nothing bizarre about it. it's
the only way
to get usd out of mtgox
gribble: MtGox BTCUSD
ticker | Best bid: 113.81004, Best ask: 114.11994, Bid-ask spread: 0.30990, Last
trade: 114.11995, 24 hour volume: 10251.28270363, 24 hour low: 112.00000, 24 hour high: 114.69000, 24 hour vwap: 113.62291
ozbot: The
theory behind
the alternative EVE corporation pe
Trilema - Un blog de Mircea Popescu.
bobbabad_: but I find it interesting
to know what other people are doing, and with
the face
to face market of selling and buying bitcoins seems
to be increasing
bobbabad_: for sure.. I will, its not worth
the gamble for me not
to
matuszed: Just pay your
taxes people its good for Bitcoin in
the en
matuszed: At least in
the US and I assume Canada
the burden is on
the
taxpayer
to report
matuszed: I mean if you sold youre computer for cash
the irs or eq wouldnt find out either
bobbabad_: I mean sure, I wired money
to
the currency exchange so
that
transaction is recorded in my bank.. But other
then
that, if I were
to sell bitcoins in cash (not saying I plan
to)
then how could
the IRS or eq find out
bobbabad_: with bitcoin it just seems so easy
to cheat
the system.. it being an unregulated as it is
mircea_popescu: i mean if you suddenly felt ill you wouldn't be asking random people in
the street what
they
thought you should
take
bobbabad_: mircea_popescu, makes sense.. Im in Canada, but Im gonna start looking for something like
that
bobbabad_: matuszed make sense.. would be nice if I can find a good accountant
that understand a bit of in and out of bitcoin
mircea_popescu: bobbabad_ for simplicity sake
the best move is
to consult a
tax specialist
matuszed: Also keep an eye on
the legislature because
they may change
the reporting in
the near future
matuszed: No worries. Like i said
though its worth it
to get an accountant
bobbabad_: yeah for sure, Im
thinking about doing
that... I dont want
to risk screwing it up since I never had
to deal with it before
bobbabad_: so, is it correct
that I dont need
to worry
too much about
the inidivudal day
trading Ive been doing and can just group it
to one
thing, i.e, bought 5k worth of bitcoins and
then later sold 15k worth of bitcoin, capital gain is 10k
matuszed: IF you've made sizable amounts you're better off gettting an accountant
to do
the
taxes for you for
this
matuszed: you dont pay
tax
till you sell it
matuszed: if you buy a stock at 1$ and it goes
to 5$
matuszed: You havent
technically made anything
bobbabad_: so you dont have
to pay
tax until
to convert it
to fiat
then
matuszed: You have
to pay short
term capital gains
tax on
the 10K if you now have 15K in cash
Duffer1: everytime you convert
to fiat
bobbabad_: so for simplicity, lets say I wired 5k
to mtgox, bought bitcoins,
transfered
that
to btct,
trippled my investment.. is it enough
to play capital gain
tax on
that 10k I gained or do I need
to do it on a per
trade kind of
thing?
Duffer1: pay your
taxes, failing
to do
that will just make regulation even more invasive
matuszed: or you're gambling with
the irs
matuszed: You can say what you want but when you flip your btc
to fiat
bobbabad_: are you guys bothering/dealing with capital gain
tax? it is risky
try
to not
to? let's say I decide
to sell my bitcoin face
to face instead
Karsy: Activemining hitting 0.007
today
taub: is anyone
trading on mpex anymore?
gecko_x2: it used
to be 25 shares ask and bid
gecko_x2: just wanted
to
take it out on you huys :)
pankkake: btct provides
the info. not sure about others
gecko_x2: i didn't mean for
the script
to be
the ultimate harbinger of global
trade flows
gecko_x2: well
the same way you do [+] and [-]
thestringpuller: mircea_popescu:
that's an execellent question, and I don't
think
there is an answer.
gecko_x2: and
then
thank me for
the pleasure of pleasing me
gecko_x2: i'm
too fucking old for
that shit, i'm busy drinking beer
gecko_x2: i want a fucking script
that does
that for me
gecko_x2: both in individual
transaction
terms regardless of btc amount, and in btc amount
gecko_x2: how about a script
that would keep
tabs on
the amount of sells vs. buys in a day
gecko_x2: well
they are shipping something
mircea_popescu: but anyway, by now
they could easily list on
teh scamexchange.
mircea_popescu: gecko_x2 originally mpex wouldn't have
them, meanwhile i have no idea why.
Diablo-D3: because
they're not a public company
gecko_x2: why isn't BFF
trading btc denominated shares
mircea_popescu: also bfl and mtgox are going
to join forces and create
the magnificent, representative, relevant and important
Diablo-D3: I dont want
to hear about bfl in here anymore
gecko_x2: knowing
their history, i can't see how bfl would make
this delivery date claim unless
they were pretty fucking sure it's viable
Diablo-D3: the reason gpus are such a bitch
to cool is because not enough surface area
Diablo-D3: a bunch of little chips all over
the board
Diablo-D3: basically what BFL is not going
to do because
they're never going
to make
this is
Diablo-D3: its why I dont bother posting
there outside of
the dmc
thread anymore
Diablo-D3: gecko_x2: never listen
to
the forum
Diablo-D3: gpus have all
the heat coming out of one or
two chips
gecko_x2: Diablo-D3 just a quote from
the forum
Diablo-D3: 350w puts it in
the realm of a dual gpu card
gecko_x2: "
That cooling solution doesn't work for a 350W
TDP card. Even a GTX
Titan/780 has a great vapor chamber cooler and it's a 250W
TDP GPU."
mircea_popescu: as
they get really butthurt and break out
the Idiot Interneteer Psychology Manual
Diablo-D3: mircea_popescu: Im just
tired of hearing it
to be honest
mircea_popescu: no
time was saved, but who cares about wasting imaginary money.
mircea_popescu: chief among
their "previous mistakes",
the "mistake" of claiming
to burn a batch
that wasn't actually proofed
to "Save
time".
Diablo-D3: I would actually buy a card like
that
frb: If
they actually were mistakes, and not just a scam.
gecko_x2: one could argue
that bfl has had
the opportunity
to garner alot of know-how due
to
their previous mistakes