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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
I've been trading on Local Bitcoins for a few months now receiving bank transfers through TransferWise. Yesterday TransferWise put my account on hold and asked me about details concerning a specific transaction. They asked how I meet the person and for an invoice detailing the goods and services sold. For that one time, I had used a Business Account to do that transaction. It clearly states that you should not use TransferWise for cryptocurrency trading in their TOS. I'm unsure of how to respond to this inquiry and I don't want to lose access to my money in the account. Please help.
Does anyone know if there are any sites which show how many Bitcoins are sold each month, which pools are selling and who’s buying. And is there a way of knowing how many of those BTC are bought and over what period. As an example recently 92,000 BTC were sold by miners I would like to know if what I’ve asked can be related to this sale and others?
I am new to bitcoin, I bought some bitcoin when bitcoin prices dropped recently at the start of the pandemic. The price has now stabilized and I have sold my bitcoin for more than double my original investment. I pulled out my original investment. I just have my profits in my altcointrader wallet. If I transfer these profits to my bank account, what does this mean for me in terms of tax? How much of that money will go towards tax?
How do I get my profits from bitcoin sales into my bank accounts?
I live in a country that regulates bitcoin sales, the profits are added to my annual income and taxed accordingly, a large bitcoin profit could bump me up into the next tax bracket which from my understanding would increase my overall tax for the year, what’s the best legal way to get the money from my bitcoin account into my bank account and pay the least amount of tax?
Long story short im married to a venezuelan woman and she has family who still live there. They had a sizeable amount of bitcoin but are having trouble exchanging for USD due to complications in their country. I was wondering if its possible for them to transfer the bitcoin to me so I can sell it then transfer the cash back to them. Would I be hit with any taxes on the sale? Just want to make sure I'm not going to get dinged at the end of the year. Thanks!
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
This post was originally published on this siteThis post was originally published on this site A major suspect in a high-profile theft case related to Bitcoin (BTC) trading has pleaded guilty in a Singaporean court. Syed Mokhtar Syed Yusope, an accomplice in a $360,000 robbery, pleaded guilty in a district court to a robbery charge on Sept. 9, Singeporean news agency The […]
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BITCOIN'S BRUTAL SELL OFF EXPLAINED! IS IT TIME TO BUY OR ...
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