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The Bitcoin Thread
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Or btc debit card?
SARS will pull those transactions since they ask for ID verification. You do get "anonymous" cards but
the limit on those are VERY low.
Localbitcoins?
This might sound stupid, but for all those concerned about SARS taking your profit when converting to ZAR and cashing out, why not pay that money into a minors account, or pretty much anyone that is not registered to pay tax?
Said person opens account and you take control of debit/credit card, or whatever.
Needless to say said person should be trustworthy.
Just a thought
Said person opens account and you take control of debit/credit card, or whatever.
Needless to say said person should be trustworthy.
Just a thought
Actually a smart idea.
Until they try to register as one when they start working ..
C4Cat
Honorary Master
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It may be illegal but either way if you are depositing large sums of money into a bank account it will be noticed and flagged.
Mr Scratch
Expert Member
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- May 15, 2013
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Thor
Honorary Master
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- Jun 5, 2014
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I love watching those buy/sell orders ticking by on Luno.
Yoh, some big players out there. Buying 8-12 Bitcoins at once at these rates...
you should watch the JSE's order book, it will give you a fright.
RaptorSA
Executive Member
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- Sep 2, 2008
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Yeah I can't even imagine.
Still can't believe how I was reminiscing about owning/mining Bitcoins back in 2012-2013... never did it.. and here I am, just trying to own one measly coin...
jacosmit
Expert Member
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Very possible.
jacosmit
Expert Member
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- Mar 15, 2005
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Yeah I can't even imagine.
Still can't believe how I was reminiscing about owning/mining Bitcoins back in 2012-2013... never did it.. and here I am, just trying to own one measly coin...
Yeah, if we had time machines...
Thor
Honorary Master
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- Jun 5, 2014
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Yeah I can't even imagine.
Still can't believe how I was reminiscing about owning/mining Bitcoins back in 2012-2013... never did it.. and here I am, just trying to own one measly coin...
Ditto
I bought some bitcoins three or so weeks ago using Luno and created an account on Ethereum-wallet, but fortunately didn't exchange my bitcoins. I forgot about it until yesterday when I decided to trade and noticed that Ethereum-wallet had been hacked. I've downloaded Jaxx, but I'm curious how safe it is. Is it a good platform to keep my coins in long term?
Would like to know what others are doing and would appreciate some advice.
Would like to know what others are doing and would appreciate some advice.
Thor
Honorary Master
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Jaxx is safer than the other wallet, because it is stored on your device and not the cloud.
koeksGHT
Dealer
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- Aug 5, 2011
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- 11,857
Trezor arrived today.
It's a lot smaller than I expected but I'm happy with it.
Ordered as well.
.. and here I am, just trying to own one measly coin...
I remember that feeling
(all worth it once you see that magical 1.0 )- invest smart and you will be smiling soon. 5 years from now, when you tell someone you have ONE, FULL BITCOIN, they will be in awe Only 21 million, EVER!!!
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MyCelium also an option on mobile.
Trezor and Ledger Nano S (with seed backed up with a Cryptosteel and stored away SAFELY) is basically your most secure long term cold-storage options.
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