891500+ entries in 0.599s
mircea_popescu: basically
the only way
to run a legitimate business in bitcoin
kakobrekla: i dont give a fuck about
the idea, just care about
the bet
kakobrekla: but scammer
tags are not used anymore or what?
mircea_popescu: "All you people in
this
thread DO KNOW what 'Corporate Espionage' is right??
That it can carry serious jail
time."
furuknap: In
the process now; I did get some whiffs aleardy,
though :-)
furuknap: Cog is getting raped by BFL. Explicitly
targeted for calling BFL unethical.
furuknap: Like I said, don't listen
to me.
furuknap: [17:10] <furuknap> In fact, I'd buy
TAT.VM now if I had spare cash, but whatever you do, don't listen
to me, I'm not qualified
to give financial advice.
gribble: BTCUSD
ticker | Best bid: 108.24100, Best ask: 108.24104, Bid-ask spread: 0.00004, Last
trade: 108.24105, 24 hour volume: 17419.02795540, 24 hour low: 104.66030, 24 hour high: 110.98630, 24 hour vwap: 107.87033
jurov: i'm curious how it ends up. nerds are used
to be
treated like scum, artists not very much
furuknap: 'On
time' is either August (which was
their initial claim) or October (which is what
the contract states), so don't get yer hopes up yet.
furuknap: By MetaBank: Congratulations
to all who have left for pre-order! According
to
the current state confirm
that we are on
time and
the device will be delivered on
time.
Eizy: sure I know, just wanted
to listen
to other opinions as
the price is crashing right now
furuknap: In fact, I'd buy
TAT.VM now if I had spare cash, but whatever you do, don't listen
to me, I'm not qualified
to give financial advice.
furuknap: I do. It may have dropped after I announced my asset and DMS.Mining
took a hit from doubled exposure and
the huge DMS.Selling dividend. However, my asset won't mine for at least several weeks and DMS.Mining will recover if
the difficulty stays low.
Eizy: hm, does anyone
think
that
the
tat.vm price will recover?
ThickAsThieves: can't wait for
the "Why is
TAT.VM price falling!?" posts....
aknap3: unless you decide
to cyber
aknap3: it ignores
those completely
jurov: does it
trade iDiffs? i suspect so
aknap3: thought it would be fitting given his disdain for auto
trading
aknap3: I have an auto
trader bot
that guages sentiment solely on what
TAT says
ThickAsThieves: turns out i didnt really need
to buy any in
the first place
ThickAsThieves: would be awesome if i just set a new price for DMS
tho
ThickAsThieves: def my biggest error, excluding bad
trades I
thought would be good
jurov: would be funny if deprived likewise misclicked on
TAT.VM :D
ThickAsThieves: honestly,
the DMS dump was big fucking misclick from me.
furuknap: Wow, maybe I need
to reconsider launching my PMB...
kakobrekla: Apologize for using "Werner"
to
troll him
kakobrekla: -In order for me
to keep my pre-orders Josh is making me do
the following:
ThickAsThieves: comes up in
the queue, I'm done looking into your problems or
trying
to help you."
ThickAsThieves: "Garr, you can officially piss off at
this point and
take your accusations and stick
them straight up your ass. I
tried
to be nice and I wanted
to help you and you give me all sorts of shit and accusations.
This is why we no longer give a shit about
this forum; Everyone here is monumental assholes, no matter how accommodating one
tries
to be. Garr, you'll get your order when it
deadweasel: scary
to have your bread and butter in
the hands of BFL. i wouldn't be able
to sleep.
deadweasel: poor Garr25, gotta suck dick
to keep his business in order
deadweasel: i know, i wanted
to stab him after
the apology
thing
deadweasel: tits, what a great read. i feel so lucky
to not be one of
those asshats. helps me remember I have no problems but imagined first world problems.
deadweasel: jurov
this is epic entertainment,
thanks!
peterl: benkay: hey, I can wish, can't I? (I
think you replaced
the 'l' with a '1', should be a little 'L')
benkay: peter1 "should" has no relationship
to
the
tax code.
peterl: And defining what is income can be difficult as well. Shouldn't we be able
to subtract our
time we put in from our salary
to compute income? So my
time is worth 20 $ an hour, and
that is what I get paid, so my income should be 0?
Namworld: Also just processing/sending so many
tax returns...
Namworld: The whole income
tax system annoys me because it entails complex regulations
that's put on
the shoulder of everyone in
the general public. It basically requires you
to pay for an accountant
to pay your due, unless you have a very basic income report
to fill.
peterl: if you use
the btc
to buy a $100 dollar watch,
then
the government sees
that as 100 - (whatever you bought
the btc for) worth of income
Namworld: Your goods when bartering don't have a clear USD value until
they're sold.
They still
tax barter.
ThickAsThieves: imo,
the gov should only be concerned about btc value when it is converted
to usd
peterl: jurov yes,
they each would have
todo
their own btc accounting
peterl: so you have
to do
the accounting yourself and self report
the income
peterl: I don't
think any of
the current exchanges do 1099s yet
jurov: what if salaries are paid out in bitcoins? all employees are obliged
to do irs mess
themselves?
peterl: but somebody has
to be doing
the
tracking of
the usd/btc conversions
peterl: if your company cashes out
then
the company does
the bitcoin/usd accounting,
then
they pay you and use regular usd accounitng for payroll
peterl: Sounds easy enough
to me. Each week you cash out some bitcoin, write in a spreadsheet "10 btc @ 107.2 = $1072.00" and
then add
them up at
the end of
the year
jurov: you mean smickles? he seems
to be abducted by aliens or we
gribble: BTCUSD
ticker | Best bid: 107.20634, Best ask: 107.50000, Bid-ask spread: 0.29366, Last
trade: 107.83500, 24 hour volume: 26446.62807232, 24 hour low: 104.00000, 24 hour high: 110.98630, 24 hour vwap: 107.20768
Diablo-D3: but you'd need an actual corporation
to do it
that way
Namworld: We could just move
to a luxury/property
tax system and get rid of all
the complexity of
the
tax system for
the general population.
ThickAsThieves: do i convert
to USD and
then pay myself
through payroll?
jurov: pls do read
the
tfa. it expressly says: Since many Bitcoin
transactions are essentially bartering,
the IRS can be expected
to draw from its Bartering
Tax Center.
Diablo-D3: and how
the first $500 is defined requires a CPA.
Diablo-D3: now, depending on how you interpret
the IRS rules, you only need
to pay
taxes after
the first $500
Namworld: Bitcoiners should just build a floating fortress and anchor it in
the middle of
the international waters.
There, problems solved in
the utopia of Liberty Island, where libertarians and
trolls abound. (P.S. Please don't sign me up for it)