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still looking forward to someone getting a tax audit, but with bitcoins
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# ? Feb 9, 2014 19:28 |
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# ? May 23, 2024 18:01 |
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Dr. Honked posted:when Magic The Gathering Online Exchange goes down, it won't take bitcoin with it. in fact, it'll be good for bitcoin, because, the invisible hand of the free market has relieved the pressure of corrupt business practices in an eruption
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# ? Feb 9, 2014 19:28 |
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ayn rand hand job posted:the invisible hand of the free market has relieved the pressure of corrupt business practices in an eruption the invisible hand gently caresses the prostate
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# ? Feb 9, 2014 19:44 |
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no you see this proves the success and strength of buttcoin's decentralised design with magic the gathering online exchange collapsing, numerous other "exchanges" where it's impossible to cash out have all sprung up in its place
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# ? Feb 9, 2014 19:50 |
but will they also unplug the router when the price starts to slide?
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# ? Feb 9, 2014 19:52 |
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you can still cash out of coinbase until the $25m in venture capital dries up
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# ? Feb 9, 2014 19:54 |
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Joementum posted:you can still cash out of coinbase until the $25m in venture capital dries up ahh gently caress i was wondering how bitpay manages to get any real money back to merchants. of course, it's the venture capital. dang. except bitpay only got a couple of million.
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# ? Feb 9, 2014 19:59 |
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i can't believe i've just realised that bitpay and coinbases entire business model is completely and entirely dependent on bitcoin prices going up uP UP i feel a tiny bit better about the world tonight
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# ? Feb 9, 2014 20:04 |
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Dr. Honked posted:ahh gently caress i was wondering how bitpay manages to get any real money back to merchants. of course, it's the venture capital. dang. except bitpay only got a couple of million. it's been suspected that they, along with bitinstant, have the insider can-actually-withdraw-cash hookup on the exchanges which causes the price to go down when they sell off their weekly haul every friday which caused a slide on the non-wizard poker exchanges wherein there was a $200 descrepancy until this latest shitfest
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# ? Feb 9, 2014 20:05 |
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What time exactly will we hear Gox explain the technical reasons why they are insolvent?
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# ? Feb 9, 2014 20:05 |
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i wondered how bitcoin taxes would work. In canada they are capital gains but how would you submit such gains? gox or whoever isn't issuing forms, and if you're doing local bitcoins (which we know doesn't work) even if you got cash it looks like a huge money laundering issue.
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# ? Feb 9, 2014 20:06 |
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goddamnedtwisto posted:i can't believe i've just realised that bitpay and coinbases entire business model is completely and entirely dependent on bitcoin prices going up uP UP they're charging retailers some transaction fees, which is a reasonable business model, though one that idiot bitcoiners vehemently oppose bitpay is also almost certainly being used for money laundering
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# ? Feb 9, 2014 20:07 |
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NerdPolice posted:i wondered how bitcoin taxes would work. In canada they are capital gains but how would you submit such gains? gox or whoever isn't issuing forms, and if you're doing local bitcoins (which we know doesn't work) even if you got cash it looks like a huge money laundering issue. lol @ "looks like"
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# ? Feb 9, 2014 20:07 |
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Pygmy Pyrosaur posted:lol @ "looks like"
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# ? Feb 9, 2014 20:10 |
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I dunno I think not having the main bitcoin exchange be literally called "magic the gathering online exchange" might actually help make bitcoin sound more legit. Eugh, I need to lie down I'm starting to think like them.
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# ? Feb 9, 2014 20:12 |
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actually just looked it up and coinbase doesn't charge a transaction fee on the first $1m in processing and i don't think o.co has hit that yet, so lol
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# ? Feb 9, 2014 20:12 |
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Joementum posted:you can still cash out of coinbase until the $25m in venture capital dries up
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# ? Feb 9, 2014 20:13 |
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thanks, mongodbama
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# ? Feb 9, 2014 20:17 |
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Joementum posted:bitpay is also almost certainly being used for money laundering i look forward to the day when this comes to light
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# ? Feb 9, 2014 20:24 |
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http://www.nytimes.com/2014/02/08/opinion/the-post-office-banks-on-the-poor.htmlquote:ATHENS, Ga. — PEOPLE like to complain about banks popping up like Starbucks on every corner these days. But in poor neighborhoods, the phenomenon is quite the opposite: Over the past couple of decades, the banks have pulled out. Yes, the USPS will step into the gap left by MTGOX. lol
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# ? Feb 9, 2014 20:45 |
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banking is a pretty good niche for the USPS to service. they should also give everyone an email account.
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# ? Feb 9, 2014 20:48 |
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getting a state-run bureaucracy to become banksters and have them sell butts will be a good thing for bitcoin because
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# ? Feb 9, 2014 20:55 |
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uncurable mlady posted:banking is a pretty good niche for the USPS to service. they should also give everyone an email account. yah, then i could pay all my bills online from my postobank account
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# ? Feb 9, 2014 20:57 |
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maniacdevnull posted:yah, then i could pay all my bills online from my postobank account https://www.postbank.de actually works p. well in Germany, they got their poo poo together
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# ? Feb 9, 2014 21:06 |
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the source for the "USPS bitcoin exchange" thing seems to be that the OIG's office held a webinar on virtual currency on 1/29 bitcoiners interpreted this as a clear signal they were setting up an exchange because they don't understand anything about government
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# ? Feb 9, 2014 21:07 |
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i missed the 'bitcoin exchange' part i was just referring to it being a good idea for the USPS to give everyone a bank account and email address
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# ? Feb 9, 2014 21:09 |
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prefect posted:google "furry porn coffee table" and it should be the first link (also if you use google image search) everything in this image is great i'm the....
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# ? Feb 9, 2014 21:10 |
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...! posted:i'm getting warmer: LMAO!
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# ? Feb 9, 2014 21:11 |
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Notorious b.s.d. posted:everything in this image is great
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# ? Feb 9, 2014 21:11 |
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Notorious b.s.d. posted:everything in this image is great i'm the photographer, bound and gagged
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# ? Feb 9, 2014 21:13 |
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...! posted:Bitcoin threatens cleptocracy and through that bitcoin saves capitalism - Andreas Antonopoulos ahahahahahahahahahaha yes bitcoin is discouraging theft
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# ? Feb 9, 2014 21:14 |
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uncurable mlady posted:
there's a lot of tension etched into that image. that anthropomorphic dog is gonna burn his genitals, any second now
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# ? Feb 9, 2014 21:17 |
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killhamster posted:ahahahahahahahahahaha come on man it's not like someone started a ponzi scheme up recently or anything
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# ? Feb 9, 2014 21:18 |
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ayn rand hand job posted:come on man No MtGox is ending not starting
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# ? Feb 9, 2014 21:20 |
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Notorious b.s.d. posted:everything in this image is great i'm the print shop guy who agreed to put that on a coffee table instead of quitting his job on the spot
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# ? Feb 9, 2014 21:21 |
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ayn rand hand job posted:come on man bitcoin: safe and secure since Feb 9, 2014
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# ? Feb 9, 2014 21:22 |
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Werthog 95 posted:i'm the print shop guy who agreed to put that on a coffee table instead of quitting his job on the spot you mean, you're the print shop guy who ran off two copies
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# ? Feb 9, 2014 21:22 |
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Notorious b.s.d. posted:there's a lot of tension etched into that image. that anthropomorphic dog is gonna burn his genitals, any second now go on
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# ? Feb 9, 2014 21:42 |
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Notorious b.s.d. posted:you mean, you're the print shop guy who ran off two copies
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# ? Feb 9, 2014 21:43 |
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# ? May 23, 2024 18:01 |
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# ? Feb 9, 2014 21:45 |