Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 8 of 8

    Thread: Is Taxing Bitcoins Possible?

    1. #1 Collapse post
      Juskopo is offline
      Banned Juskopo's Avatar
      Join Date
      Jan 2018
      Posts
      627
      Thanks
      0
      Thanked 15 Times in 8 Posts

      Is Taxing Bitcoins Possible?

      i have a little knowledge about bitcoin technologies but i just want to know if it is possible.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. The Following 1 Users Say Thank You to Juskopo For This Useful Post:

      Unregistered (1 )

    3. #2 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 25 Times in 20 Posts
      SubscribeSubscribe
      0
      Giving tax for being bitcoin holder is not possible as nobody use their own names or personal details for holding bitcoins in their wallet cryptos give high end privacy for their coin holders and it is not practical for any government to find out how much btc a person is holding so giving tax for holding btc is not something which is practical.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #3 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,037
      Thanks
      7
      Thanked 152 Times in 132 Posts
      SubscribeSubscribe
      2
      In UK, the government gets some portions of money from their citizens who have invested on Bitcoin. Tax is imposed on Bitcoin and their people can use Bitcoin as good as cash.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #4 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,956
      Thanks
      6
      Thanked 142 Times in 117 Posts
      SubscribeSubscribe
      1
      Yeah, that would be great! I prefer my country to impose Taxes on Bitcoin than prohibit us from using this coin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #5 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      626
      Thanks
      0
      Thanked 15 Times in 16 Posts
      SubscribeSubscribe
      0
      Paying taxes on bitcoin may seem daunting to people selling off their investments.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #6 Collapse post
      kachinna is offline
      Senior Member kachinna's Avatar
      Join Date
      Aug 2019
      Posts
      252
      Thanks
      1
      Thanked 21 Times in 16 Posts
      SubscribeSubscribe
      0
      The major reason why there has been so much pressure on bitcoin is because the government wants to have more controls over it. That would ensure people get taxed for trading. At the moment.nothing like taxation on bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. The Following 2 Users Say Thank You to kachinna For This Useful Post:

      Unregistered (2 )

    9. #7 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,037
      Thanks
      7
      Thanked 152 Times in 132 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by kachinna View Post
      The major reason why there has been so much pressure on bitcoin is because the government wants to have more controls over it. That would ensure people get taxed for trading. At the moment.nothing like taxation on bitcoin.
      Really? I thought the Uk government-imposed taxes on Bitcoin users.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    10. #8 Collapse post
      kachinna is offline
      Senior Member kachinna's Avatar
      Join Date
      Aug 2019
      Posts
      252
      Thanks
      1
      Thanked 21 Times in 16 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by Mr. Cid View Post
      Really? I thought the Uk government-imposed taxes on Bitcoin users.
      The tax is for mining activity, not trading on platforms like this. I just verified the information. Though most governments face challenges regulating bitcoins that is what they tried to openly speak against it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •