Jump to content
House Price Crash Forum


  • Posts

  • Joined

  • Last visited

About southmartin

  • Rank

Recent Profile Visitors

1,018 profile views
  1. Have you looked into EOS - that addresses all of thee and zero transaction fees. I thin this is going to be huge when it comes out of ICO
  2. If i were you i'd set the sell order for £99600 as they'll be a lot of people selling when it gets to triple digits!
  3. Hope this isn't a thread hi-jack - but can anyone explain what MyEtherWallet is actually used for? I just don't see where it fits into the flow of things? I mean, if you buy coins/tokens from an exchange, then you can send those to your hardware wallet (or ETH wallet if the tokens are ERC20) then what's the point in registering them on MEW as well? Isn't that just another link in the chain - and anther potential hacker weak spot?
  4. the 15% stamp duty is if you bought a property as a corporation: https://www.gov.uk/guidance/stamp-duty-land-tax-corporate-bodies
  5. I too have considered this. I mean your standard tax to pay would be CGT @ 28%... which is better than higher rate income tax, but still. I guess it depends what you intend to buy. For a start if you wanted a house and could find a seller prepared to take BTC for it (and not an actual £ amount, but BTC written into the exchange contract) then you'd be in an interesting area tax wise My long term plan is to make a fortune (yeah yeah) then buy a house. If there isn't a reasonable tax cost then i'll do what the footballers etc do when they buy expensive properties. That is to buy an offshore company located in a place like the Seychelles or Batrs & Nevis where privacy is paramount. Put my money into that company, and the company then buys a UK property. Yes you'd get hammered for the new 15% stamp duty, but that's better than 28%... and of course the added bonus is that the property will never be counted toward IHT as you don't own it - you'd just leave 100% of the shares of the company to the person/persons in your will. If they then wanted to sell it they just put the company in the new owners name - no stamp duty there either
  6. IS there a good reference for upcoming ICOs and third-gen coins/token sales? So far i'm in EOS and Tezos - both of which have done rather well (EOS recommendation from Jeff Berwick TDV site). Tezos was DYOR
  7. Any yet despite 6.217 posts, you'll always be remembered for 'that one' in particular... - You know the one I mean ;-)
  8. DBs exposure to the derivatives market is some $75 trillion.. or about 8 times the size of the entire EU GDP... Gonna be tough to write a valid cheque to bail that sucker out... You know the episode of The Simpsons where Monty Burns suggests printing a trillion dollar note to clear the USA's debts... not looking so crazy now is it!
  9. exactly. If they call an election (or we manage to struggle on to 2020) then all it'll be is UKIP Vs 'everyone else'... assuming that 35% of the electorate (down from 52%) vote to leave the EU (i.e. have to vote UKIP) then we'll be looking at a UKIP PM and via an 'SNP style' landslide Frankly the chances of this happening increases the longer we stay in the EU - as overtime they do something stupid (crazy rules, forcing businesses to close, mass immigration, economic collapse of the Euro) then every MP who said "stay in the EU for safety" will lose at the ballot box. I predict a Cons/UKIP coalition - though hard to say which would be the junior partner in that scenario
  10. when it hits 17 million i'll take a look at it.
  11. Perhaps we make a new bank holiday called "Farage Day" ... do you think the lefty-types would refuse to take a free paid day off from work in protest?
  12. great stat - thanks yes, it's the 'per capita' bit that's the killer
  13. indeed, that's a great one thanks
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.