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  1. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    im in OZ , capital loses can be offset against gains once realised but you cannot use them as a write off on earnings......the rest of it you could argue all day long about , you could have 15 k profit sat in your wallet but until its realised it's not profit is it...?? i'd argue till the...
  2. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    it is only taxable once it comes out of your wallet i.e the profit is realised into cash , i have discussed this at length with my accountant , members of the public can no longer claim capital losses either , only lay these losses off against future gains.
  3. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    surely you only pay tax on your realised profits..?
  4. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    you're coming across a bit lean to be honest .
  5. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    first I've heard of it .....the place is booming
  6. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    if you are dumb enough to buy a lambo you deserve to get caught .
  7. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    what's your opinion on xrp..?
  8. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    yes , it's easily doable if you had the nuts back then , the only downward pressure is from banks and institutions who are staring down the barrel of complete loss of control.
  9. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    i think a lot of readers may have squirted upon reading that , i for one agree wholeheartedly..:thumbsup:
  10. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    unfortunately i am not involved ....smart cats i know withdraw their profits to accounts in Thailand , Vietnam and India etc where you can take your money out of an atm ....tax free....are you catching on yet...?
  11. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    at this point in time "the greater fool" is cleaning up.
  12. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    hyperinflation ....wheres the value in that..?
  13. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    you could alternatively invest in a financial system that arranges for you to buy a property over 30 yrs and ends up charging you double the value of said property in interest.....:facepalm: this is why financial institutions are dead against it even though they are busy buying it which is why...
  14. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    some very smart folk have jumped on , lets leave it at that..:smile:
  15. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    p people who invested 10 k 20 years ago would have an entirely different opinion....check out the appreciation .
  16. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    just down to btc and xrp now
  17. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    XRP and Cardano ....in for the long run.
  18. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    well , if that is the case then it is being pushed at a level that can only be called wholesale fraud, mainstream sporting events are largely sponsored by crypto bases businesses, surely your not suggesting we are being rinsed by the financial oracles of this world..??
  19. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    maybe we both have , i'm gonna ring him in the morning....:lolol:
  20. sydney

    [Finance] The cryptocurrency (Bitcoin etc) thread

    some reading material for you The creature from Jekyll island. having created our currency the fed reserve are now busy rendering it worthless slowly but surely , have a read , see what you think.
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