The Bitcoin Thread

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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
 
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

Actually a smart idea.
 
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

Until they try to register as one when they start working ..
 
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

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.
 
Yoh, so who else thinks we'll be hitting R40K per BTC today?
Almost there... :D
 
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... :eek:
 
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... :eek:

you should watch the JSE's order book, it will give you a fright.
 
you should watch the JSE's order book, it will give you a fright.

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... :P
 
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... :P

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.
 
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.

Jaxx is safer than the other wallet, because it is stored on your device and not the cloud.
 
.. and here I am, just trying to own one measly coin... :P

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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Jaxx is safer than the other wallet, because it is stored on your device and not the cloud.

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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