RickyD

Little bit harsh on the crypto that started it all.. not that bitcoin has feelings

This has turned into a Ripple vs Bitcoin thread

Sorry I only have experience of the Ledger Nano S, although I hear Trezor wallets are also good.

Shame he isn't good at predicting the general price trend of gold and cryptocurrencies.

He must have seen steemit and/or OnG Social and got scared and/or excited.

The Ledger Nano S is really good. And not that expensive.

Yes.. $1m by 2020 ... I believe he is saying it will continue it's upward growth, but without the wild swings. Yea I'm also skeptical TBH.

Take this with a pinch of salt, but McAfee believes Bitcoin will stabilize around $100,000.

I'm afraid you might be wrong with this assumption. https://www.gov.uk/capital-gains-tax "Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value." "Disposing of an asset includes: - selling it - giving it away as a gift, or transferring it to someone else - swapping it for something else - getting compensation for it - like an insurance payout if it’s been lost or destroyed"

That is excellent! Is that website for the US tax system? I wonder if there's a UK equivalent.

Out of interest. I would like to hear some opinions on that dreaded T word no-one in the crypto community likes to talk about - tax. For those who have lots of transactions, from buying coins with cash, to exchanging one coin to another, are you going to hire an accountant? I expect a lot of crypto-investors plan to ignore tax completely, although I don't think that's wise - most of these coins are not anonymous and there's a very real chance that HMRC will come looking for tax that should have been paid at some point in the future. Whether or not they can handle the massive amounts of data is up for discussion.. but I for one don't really want to have that little dark cloud hanging over my shoulder..

"Ethereum pays for my rent Bitcoin pays for my bent"

Brilliant!

I believe that if you’re married, you can also transfer up to £11,000 of assets to your spouse within a tax year, effectively achieving £22,000 of tax free profits.