Alternative Cryptocurrencies (General Discussion & Trading)

When you buy BCC (Bitconnect) on Binance and see it go up over 300 percent on Coin market cap then check your crypto to see its gone down a couple precent. Figuring out that Binance has BCC code for BitcoinCash.....:mad: Bastards

Why buy BitConnect?
 
Not ZAR deposits, crypto... I waited until the transaction had about 8000 confirmations (this was ETH) before it was finally credited. Support took close to the max of 72 hours to get it done. Actually, I lie. Support emailed me in the morning of day 3 saying it will be in soon. I only got it after 17h00 that day... And then the usual bugger up withdrawing ZAR where I was already FICA'd but the withdrawal was stuck because I wasn't... Another 3-4 days later they finally paid out

edit: this was altcointrader
That's a **** one, sorry to hear! It's no secret that ACT has had some hick ups, but then show me an exchange that hasn't... Luckily for me I have personally not had any issues with ACT.

LOL! When you want a Sports Car and the wife wants something for the family to spend time together with... F**k it, I'm buying me a LAMPER!
That bald prick in the video convinced him :crylaugh: :p
:crylaugh:
 
Anybody else who has not ever touched a cryptocurrency, does not have a wallet receives that crap?

Capture.JPG
 
Speaking about tax.. has anyone paid tax on crpto profits before. I need to last year and this year. Haven't yet filed my last two returns. not sure what to do about crypto profits. If i declare my profits as a capital gain, do I need to lodge proof or something? I sold all my BTC and Eth yesterday, after which I am very nervous.It was a BIG amount!

Please let us know what happens when you do file for tax.
 
Anyone here use Blockfolio? I've just discovered you can add btc/zar pair, follows Luno's price accurately, and you can toggle between zar and $ price with the graph in zar*:)
 
Anyone here use Blockfolio? I've just discovered you can add btc/zar pair, follows Luno's price accurately, and you can toggle between zar and $ price with the graph in zar*:)
Blockfolio and Delta apps ones I use
 
Please let us know what happens when you do file for tax.

K... but keep in mind I only file my tax return once every two to three years.... I am too busy and have too much going on to file it every year. Haven't filed my return in two years and I think I will file one soonish. THe one I have to file now if till like end Feb 2017 or something...once that one is done, I will have to do one that includes some crypto profits...
 
A great (and rare) Reddit post:
Thx :).

Etn being listed on hitbtc soon, get ready for pump!
Lol you see that dude on youtube who's predicting a $38 ETN by June? People be crazy. But yeah another listing is great news, coupled with a hopefully soon official announcement of partnerships going ahead with ETN implementation into their mobile platforms.
 
Will have to check the article later I cannot open the link at work

Basically, if your INTENT was speculation - pay tax at your income tax rate. If you bought and kept then sold later, then you might be able to get away with Capital Gains Tax.

I can see a lot of people will rather hide their gains than declare it at their normal income tax rate. SARS needs to come to the party and tax crypto gains at a much lower rate. Then people will gladly declare and pay their taxes on crypto gains. If they make it high, people will try and get away without paying tax. SARS will get more tax if the crypto gains tax is low, than trying to fleece traders with a high rate. If only our government could grow a few brain cells!!!
 
What if for instance you want to buy a house from someone but you ask them to open a bitcoin wallet and you pay with your coins? The government wont know...
 
What if you never cash out. And only use btc for payments online etc
 
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