Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.072USD
STEEM
0.001STEEM
SBD
0.072SBD
Effective Power
5.007SP
├── Own SP
0.652SP
└── Incoming Deleg
+4.355SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.001STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.652SP
Delegated Out
0.000SP
Delegation In
4.355SP
Effective Power
5.007SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.072SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.001 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "1059.898860 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7083.760946 VESTS",
  "sbd_balance": "0.072 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namedecentralguy
id519031
rank395,498
reputation300725135
created2017-12-22T07:51:27
recovery_accountsteem
proxyNone
post_count13
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-01-07T09:37:33
last_root_post2018-01-07T09:37:33
last_vote_time2018-01-10T00:33:51
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.001 STEEM
sbd_balance0.072 SBD
savings_sbd_balance0.000 SBD
vesting_shares1059.898860 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7083.760946 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5CujQvygHSZRi3tHwQbQ9AyCocvapFSsuxdDW2q61FR7oxTdQ4",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.000 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2017-12-22T07:51:27",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779060054
  },
  "guest_bloggers": [],
  "id": 519031,
  "json_metadata": "",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2018-01-07T09:37:33",
  "last_root_post": "2018-01-07T09:37:33",
  "last_vote_time": "2018-01-10T00:33:51",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM825iRrSk6PS72oWSSyN4kydZdFC1E6XXTqz7ggrfLdtqYnhS9j",
  "mined": false,
  "name": "decentralguy",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM62zRPbCtnp8daDCXVFhjZL8HgJLjqMpDydgfMZEuase2nLAyTC",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 13,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM83cWErLUDhuwCULuAbQrFFZpJHykJ98z3DbmaBcPjDz9QSTQYm",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "",
  "posting_rewards": 30,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "7083.760946 VESTS",
  "recovery_account": "steem",
  "reputation": 300725135,
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.001 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.072 SBD",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "2018-01-21T07:35:18",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "1059.898860 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779060054
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 395498
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.355 SP to @decentralguy
2026/05/17 23:20:54
delegateedecentralguy
delegatorsteem
vesting shares7083.760946 VESTS
Transaction InfoBlock #106142366/Trx 4a83fe4f5572aa5fc10d7a76067069d8b4c6f1cc
View Raw JSON Data
{
  "block": 106142366,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "7083.760946 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-17T23:20:54",
  "trx_id": "4a83fe4f5572aa5fc10d7a76067069d8b4c6f1cc",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 2.688 SP to @decentralguy
2026/05/12 00:11:09
delegateedecentralguy
delegatorsteem
vesting shares4371.550541 VESTS
Transaction InfoBlock #105971335/Trx e650368f2c205aa3ee3111d7afb1ba732146968c
View Raw JSON Data
{
  "block": 105971335,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "4371.550541 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-12T00:11:09",
  "trx_id": "e650368f2c205aa3ee3111d7afb1ba732146968c",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 4.363 SP to @decentralguy
2026/04/25 22:43:21
delegateedecentralguy
delegatorsteem
vesting shares7096.276702 VESTS
Transaction InfoBlock #105510047/Trx a3d3b26c80db03c52f4a7861d1c632c96af4941c
View Raw JSON Data
{
  "block": 105510047,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "7096.276702 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-25T22:43:21",
  "trx_id": "a3d3b26c80db03c52f4a7861d1c632c96af4941c",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 2.713 SP to @decentralguy
2026/01/23 05:22:18
delegateedecentralguy
delegatorsteem
vesting shares4413.097360 VESTS
Transaction InfoBlock #102848899/Trx 3abd3d97531212cbd8aafabd6d76d3f1f31e20cb
View Raw JSON Data
{
  "block": 102848899,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "4413.097360 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T05:22:18",
  "trx_id": "3abd3d97531212cbd8aafabd6d76d3f1f31e20cb",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 2.814 SP to @decentralguy
2024/12/17 00:42:15
delegateedecentralguy
delegatorsteem
vesting shares4577.316557 VESTS
Transaction InfoBlock #91295324/Trx 721564484bad2ab553fd8d2085f7f8b79c9f3193
View Raw JSON Data
{
  "block": 91295324,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "4577.316557 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-17T00:42:15",
  "trx_id": "721564484bad2ab553fd8d2085f7f8b79c9f3193",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 2.918 SP to @decentralguy
2023/11/13 16:25:39
delegateedecentralguy
delegatorsteem
vesting shares4746.450089 VESTS
Transaction InfoBlock #79849548/Trx fe6319b25675415842f9e7bb080dd377f3885f2e
View Raw JSON Data
{
  "block": 79849548,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "4746.450089 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-13T16:25:39",
  "trx_id": "fe6319b25675415842f9e7bb080dd377f3885f2e",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 4.724 SP to @decentralguy
2023/09/21 20:45:57
delegateedecentralguy
delegatorsteem
vesting shares7683.728875 VESTS
Transaction InfoBlock #78346557/Trx 4711fce14ed69b6619c3fc10a2f6b86be16562ff
View Raw JSON Data
{
  "block": 78346557,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "7683.728875 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-21T20:45:57",
  "trx_id": "4711fce14ed69b6619c3fc10a2f6b86be16562ff",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 4.860 SP to @decentralguy
2022/11/03 10:41:54
delegateedecentralguy
delegatorsteem
vesting shares7905.410313 VESTS
Transaction InfoBlock #69112061/Trx 2f63470d6548ddbb49110899727c9c88fa666025
View Raw JSON Data
{
  "block": 69112061,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "7905.410313 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T10:41:54",
  "trx_id": "2f63470d6548ddbb49110899727c9c88fa666025",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 4.996 SP to @decentralguy
2022/01/17 10:02:48
delegateedecentralguy
delegatorsteem
vesting shares8125.943544 VESTS
Transaction InfoBlock #60808328/Trx 08f3dc4de489b7d471e3e937c7d08dbfadc4bb71
View Raw JSON Data
{
  "block": 60808328,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8125.943544 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T10:02:48",
  "trx_id": "08f3dc4de489b7d471e3e937c7d08dbfadc4bb71",
  "trx_in_block": 11,
  "virtual_op": 0
}
steemdelegated 5.109 SP to @decentralguy
2021/06/14 00:00:09
delegateedecentralguy
delegatorsteem
vesting shares8309.712202 VESTS
Transaction InfoBlock #54606759/Trx 6a7deee6dff9f21cf01667a06cd6cb23970aad94
View Raw JSON Data
{
  "block": 54606759,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8309.712202 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-14T00:00:09",
  "trx_id": "6a7deee6dff9f21cf01667a06cd6cb23970aad94",
  "trx_in_block": 14,
  "virtual_op": 0
}
steemdelegated 5.224 SP to @decentralguy
2020/12/11 10:20:30
delegateedecentralguy
delegatorsteem
vesting shares8497.134176 VESTS
Transaction InfoBlock #49354256/Trx 9b5c73c911afa23b6b0418076ec7935d2bf32ad4
View Raw JSON Data
{
  "block": 49354256,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8497.134176 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T10:20:30",
  "trx_id": "9b5c73c911afa23b6b0418076ec7935d2bf32ad4",
  "trx_in_block": 4,
  "virtual_op": 0
}
steemdelegated 1.176 SP to @decentralguy
2020/12/06 03:57:36
delegateedecentralguy
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49205818/Trx 4df0abed5cad0f44c9f518fd7cd3abc7bd7455bd
View Raw JSON Data
{
  "block": 49205818,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T03:57:36",
  "trx_id": "4df0abed5cad0f44c9f518fd7cd3abc7bd7455bd",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 5.228 SP to @decentralguy
2020/12/05 11:54:51
delegateedecentralguy
delegatorsteem
vesting shares8503.500815 VESTS
Transaction InfoBlock #49186927/Trx 7d3724c4e0ccca79d64c90caee2c9f9f7f4c012e
View Raw JSON Data
{
  "block": 49186927,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8503.500815 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T11:54:51",
  "trx_id": "7d3724c4e0ccca79d64c90caee2c9f9f7f4c012e",
  "trx_in_block": 10,
  "virtual_op": 0
}
steemdelegated 1.180 SP to @decentralguy
2020/11/02 13:57:15
delegateedecentralguy
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48255821/Trx 8a05619e4a25dbca16a313c49a6be7b121b4eb5a
View Raw JSON Data
{
  "block": 48255821,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-02T13:57:15",
  "trx_id": "8a05619e4a25dbca16a313c49a6be7b121b4eb5a",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.352 SP to @decentralguy
2020/05/09 04:54:06
delegateedecentralguy
delegatorsteem
vesting shares8706.147389 VESTS
Transaction InfoBlock #43216056/Trx 2105d27f39288b0f26dbd70242cde7550f2f49db
View Raw JSON Data
{
  "block": 43216056,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8706.147389 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T04:54:06",
  "trx_id": "2105d27f39288b0f26dbd70242cde7550f2f49db",
  "trx_in_block": 11,
  "virtual_op": 0
}
steemdelegated 1.201 SP to @decentralguy
2020/05/08 08:22:48
delegateedecentralguy
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43192005/Trx 608c66d481335889ab1f0fb08c459802bd49fdf7
View Raw JSON Data
{
  "block": 43192005,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T08:22:48",
  "trx_id": "608c66d481335889ab1f0fb08c459802bd49fdf7",
  "trx_in_block": 23,
  "virtual_op": 0
}
steemdelegated 5.360 SP to @decentralguy
2020/04/15 21:05:33
delegateedecentralguy
delegatorsteem
vesting shares8719.124808 VESTS
Transaction InfoBlock #42561951/Trx 897270e459978155a696d7a4742fd9220918f7e5
View Raw JSON Data
{
  "block": 42561951,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8719.124808 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-04-15T21:05:33",
  "trx_id": "897270e459978155a696d7a4742fd9220918f7e5",
  "trx_in_block": 19,
  "virtual_op": 0
}
2019/12/22 09:14:06
authorsteemitboard
bodyCongratulations @decentralguy! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@decentralguy/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@decentralguy) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=decentralguy)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
parent authordecentralguy
parent permlinksecurity-notice
permlinksteemitboard-notify-decentralguy-20191222t091406000z
title
Transaction InfoBlock #39255905/Trx 9efca9816ea546d6fe0f09fbc3d1d61b3f135854
View Raw JSON Data
{
  "block": 39255905,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @decentralguy! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@decentralguy/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@decentralguy) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=decentralguy)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "decentralguy",
      "parent_permlink": "security-notice",
      "permlink": "steemitboard-notify-decentralguy-20191222t091406000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-12-22T09:14:06",
  "trx_id": "9efca9816ea546d6fe0f09fbc3d1d61b3f135854",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.481 SP to @decentralguy
2019/05/12 14:20:24
delegateedecentralguy
delegatorsteem
vesting shares8914.747613 VESTS
Transaction InfoBlock #32844811/Trx 728f351ece3772f4f9ddf5c0f1f9d5422f470991
View Raw JSON Data
{
  "block": 32844811,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "decentralguy",
      "delegator": "steem",
      "vesting_shares": "8914.747613 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-05-12T14:20:24",
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2018/12/22 08:34:18
authorsteemitboard
bodyCongratulations @decentralguy! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@decentralguy/birthday1.png</td><td>1 Year on Steemit</td></tr></table> <sub>_[Click here to view your Board of Honor](https://steemitboard.com/@decentralguy)_</sub> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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Transaction InfoBlock #28781608/Trx fe56ca801abe2d44fc44c9a6e4fcb059bb074862
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steemdelegated 5.603 SP to @decentralguy
2018/05/16 20:13:33
delegateedecentralguy
delegatorsteem
vesting shares9114.300048 VESTS
Transaction InfoBlock #22489772/Trx da41a29b6a1889ddb4ea5638c00b240910a25c10
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steemdelegated 18.145 SP to @decentralguy
2018/04/14 11:44:24
delegateedecentralguy
delegatorsteem
vesting shares29514.016932 VESTS
Transaction InfoBlock #21558808/Trx 5cd9c3ecd27fe466692b1eda9fd8a69be3a38b34
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decentralguyclaimed reward balance: 0.072 SBD, 0.021 SP
2018/01/21 07:35:18
accountdecentralguy
reward sbd0.072 SBD
reward steem0.000 STEEM
reward vests34.817825 VESTS
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decentralguyreceived 0.010 SBD, 0.004 SP author reward for @decentralguy / security-notice
2018/01/14 09:37:33
authordecentralguy
permlinksecurity-notice
sbd payout0.010 SBD
steem payout0.000 STEEM
vesting payout6.143514 VESTS
Transaction InfoBlock #18967018/Virtual Operation #12
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decentralguyreceived 0.011 SBD, 0.004 SP author reward for @decentralguy / what-future-holds
2018/01/11 04:45:18
authordecentralguy
permlinkwhat-future-holds
sbd payout0.011 SBD
steem payout0.000 STEEM
vesting payout6.144478 VESTS
Transaction InfoBlock #18874879/Virtual Operation #10
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decentralguyreceived 0.017 SBD, 0.005 SP author reward for @decentralguy / cpa-bitcoin-tax-kung-fu-canadian-edition
2018/01/11 03:38:06
authordecentralguy
permlinkcpa-bitcoin-tax-kung-fu-canadian-edition
sbd payout0.017 SBD
steem payout0.000 STEEM
vesting payout8.192656 VESTS
Transaction InfoBlock #18873535/Virtual Operation #19
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decentralguyreceived 0.011 SBD, 0.004 SP author reward for @decentralguy / crypto-tax-united-states-edition
2018/01/11 03:27:18
authordecentralguy
permlinkcrypto-tax-united-states-edition
sbd payout0.011 SBD
steem payout0.000 STEEM
vesting payout6.144494 VESTS
Transaction InfoBlock #18873319/Virtual Operation #40
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decentralguyreceived 0.023 SBD, 0.005 SP author reward for @decentralguy / crypto-tax-canadian-edition
2018/01/11 01:59:36
authordecentralguy
permlinkcrypto-tax-canadian-edition
sbd payout0.023 SBD
steem payout0.000 STEEM
vesting payout8.192683 VESTS
Transaction InfoBlock #18871566/Virtual Operation #20
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2018/01/10 00:33:51
authordecentralguy
permlinkcpa-bitcoin-tax-kung-fu-canadian-edition
voterdecentralguy
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2018/01/07 09:49:45
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://hardforum.com/threads/if-you-use-electrum-wallet-read-this.1951965/
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Transaction InfoBlock #18765866/Trx e7fb90a606f8248b51b1faa58685f6c9a884f181
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2018/01/07 09:49:42
authordecentralguy
permlinksecurity-notice
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2018/01/07 09:40:24
authordecentralguy
permlinksecurity-notice
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decentralguypublished a new post: security-notice
2018/01/07 09:38:54
authordecentralguy
body@@ -1,15 +1,53 @@ %3Chtml%3E%0A +%3Cp%3E%3Cstrong%3ESpectre&nbsp;%3C/strong%3E%3C/p%3E%0A %3Cp%3EWe we @@ -414,17 +414,32 @@ ting it. - +%3C/p%3E%0A%3Cp%3E%3Cstrong%3E %3Cbr%3E%0AIf @@ -470,16 +470,25 @@ aware:%3C/ +strong%3E%3C/ p%3E%0A%3Cp%3E&n @@ -1031,17 +1031,16 @@ upgrade. - %3Cbr%3E%0A%3Cbr @@ -2406,17 +2406,16 @@ riously. - %3Cbr%3E%0A%3C/p
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Transaction InfoBlock #18765649/Trx dbb2043c6e8c9315d8c0bb2bacaeb4a5059a1661
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2018/01/07 09:38:12
authordecentralguy
permlinksecurity-notice
votertradezul
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Transaction InfoBlock #18765635/Trx 0c19d2ece05f5ab652c2410034d595ad0dbcc84e
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decentralguypublished a new post: security-notice
2018/01/07 09:37:33
authordecentralguy
body<html> <p>We were asked if Spectre will effect ASICS in any way since all CPUs and Mobile chips have no protection yet for this monster, We assume its possible, but have not seen any evidence yet. ASICS are high-end cryptographic equipment that is impossible do decrypt once it's connected to the hive network. So creators have a different purpose for it while they were creating it. <br> If you do mine Electrum be aware:</p> <p>&nbsp;A vulnerability was found in the Electrum wallet software which potentially allows random websites to steal your wallet via JavaScript. The bug presumably also affects altcoin derivatives of Electrum such as Electron Cash. If you don't use Electrum or a derivative, then you are not affected and you can ignore this.</p> <p><strong>Action steps:</strong><br> <br> 1. If you are running Electrum, shut it down right this second.<br> 2. Upgrade to 3.0.4 (making sure to verify the PGP signature).You don't necessarily need to rush to upgrade. <br> <br> In fact, in cases like this, it can be prudent to wait a while just to make sure that everything is settled. The important thing is to not use the old versions. If you have an old version sitting somewhere not being used, then it is harmless as long as you do not forget to upgrade it before using it again later.If at any point in the past you:</p> <p>- Had Electrum open with no wallet passphrase set; and,<br> - Had a webpage openThen it is possible that your wallet is already compromised.&nbsp;</p> <p>Particularly paranoid people might want to send all of the BTC in their old Electrum wallet to a newly-generated Electrum wallet. (Though probably if someone has your wallet, then they already would've stolen all of the BTC in it...)This was just fixed hours ago. The Electrum developer (ThomasV on the forum, ecdsa on github) will presumably post more detailed info and instructions in the near future.Update 1: If you had no wallet password set, then theft is trivial. If you had a somewhat-decent wallet password set, then it seems that an attacker could "only" get address/transaction info from your wallet and change your Electrum settings, the latter of which seems to me to have a high chance of being exploitable further. So if you had a wallet password set, you can reduce your panic by a few notches, but you should still treat this very seriously. <br> </p> </html>
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      "body": "<html>\n<p>We were asked if Spectre will effect ASICS in any way since all CPUs and Mobile chips have no protection yet for this monster, We assume its possible, but have not seen any evidence yet. ASICS are high-end cryptographic equipment that is impossible do decrypt once it's connected to the hive network. So creators have a different purpose for it while they were creating it. <br>\nIf you do mine Electrum be aware:</p>\n<p>&nbsp;A vulnerability was found in the Electrum wallet software which potentially allows random websites to steal your wallet via JavaScript. The bug presumably also affects altcoin derivatives of Electrum such as Electron Cash. If you don't use Electrum or a derivative, then you are not affected and you can ignore this.</p>\n<p><strong>Action steps:</strong><br>\n<br>\n1. If you are running Electrum, shut it down right this second.<br>\n2. Upgrade to 3.0.4 (making sure to verify the PGP signature).You don't necessarily need to rush to upgrade. <br>\n<br>\nIn fact, in cases like this, it can be prudent to wait a while just to make sure that everything is settled. The important thing is to not use the old versions. If you have an old version sitting somewhere not being used, then it is harmless as long as you do not forget to upgrade it before using it again later.If at any point in the past you:</p>\n<p>- Had Electrum open with no wallet passphrase set; and,<br>\n- Had a webpage openThen it is possible that your wallet is already compromised.&nbsp;</p>\n<p>Particularly paranoid people might want to send all of the BTC in their old Electrum wallet to a newly-generated Electrum wallet. (Though probably if someone has your wallet, then they already would've stolen all of the BTC in it...)This was just fixed hours ago. The Electrum developer (ThomasV on the forum, ecdsa on github) will presumably post more detailed info and instructions in the near future.Update 1: If you had no wallet password set, then theft is trivial. If you had a somewhat-decent wallet password set, then it seems that an attacker could \"only\" get address/transaction info from your wallet and change your Electrum settings, the latter of which seems to me to have a high chance of being exploitable further. So if you had a wallet password set, you can reduce your panic by a few notches, but you should still treat this very seriously. <br>\n</p>\n</html>",
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2018/01/06 23:50:18
authoriamgun
bodydecentralguy!! Thank you, your Post. i upvoted.^^
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iamgunupvoted (100.00%) @decentralguy / what-is-life
2018/01/06 23:50:18
authordecentralguy
permlinkwhat-is-life
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Transaction InfoBlock #18753897/Trx 1b54dd5a44f1f8aec1960db5e7c0e452da977bc8
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2018/01/06 22:14:00
authororen730
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Transaction InfoBlock #18751978/Trx de89f15736ca34cc2c6395a8da4e182628021f28
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2018/01/06 22:12:12
authordecentralguy
permlinkcrypto-tax-canadian-edition
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weight10000 (100.00%)
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2018/01/06 22:12:06
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2018/01/06 22:12:00
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2018/01/06 22:09:48
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2018/01/06 22:09:24
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decentralguypublished a new post: what-is-life
2018/01/06 22:08:54
authordecentralguy
body<html> <p>😂 People believe in and use drones. AI already walking among us, but they still think pure computing algorithms can’t make you money... <br> Ever wonder what trading software is? <br> Still think Bitcoin is conspiracy? <br> Use logic people.. <br> The world won’t stay the same, it has to evolve to have meaning of life and purpose. <br> Otherwise life has no meaning and is nothing short than a waste of time...</p> </html>
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2018/01/05 00:59:27
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2018/01/05 00:38:24
authordecentralguy
body<html> <p>We had a great talk today with the professional stock trader. He thinks that psychology factor still applies to the crypto world. We were happy to explain to him that there are some similarities. But crypto market works different and it's not MLM strategy. Blochain is computer algorithm that can't user uninterrupted. No one has control over it even person who invented it. You can fix problems code has, but you will create hard fork copy (replication of the same code in turn new coin will be born. Old code is unstoppable and can't be intervened. A true honest digital economy that doesn't have most annoying human factor: GREED... It's near autonomous economy. Yes, it will have problems down the road. But in our opinion on a much smaller scale if right direction is taken:<br> - Allow free flow of innovation in this segment<br> - Verify innovation but stop consider ICO as securities or assets <br> - Create CFTA (Canadian FinTech Administration) Not for a group of close circle people but every company that deals with mining, e-commerce, innovation companies, manufacturing, Biotech, Aerospace, DND, Banking, Real Estate, Insurance, Service industry Government, Licencing, Transportation and Information Managment and the general public have an equal voice. Unregulated decentralized non-for profit organization that will help filter wolfs out of system and protect end-user and the public in general <br> What in our opinion will it change?<br> 1) Help to avoid Midevil syndrome,<br> 2) Uneven distribution of wealth (for the world to be fine to our estimate every human on the planet must have 0.003 Bitcoin, or coin that has similar value must exist with larger supply cap, by 2040 to avoid civil unrest on a global scale.<br> 3) create competition market for innovation on the platform <br> 4) Provide Economic value much larger than everyone estimates it is today <br> 5) True potential for the technology will be evident and all of us will be able to evaluate it.<br> <br> Had brainstorm on how to fix current and future problems, technology has or will have in the near future.<br> For some weird reason I see where problems &nbsp;were taken from I taken from Reddit yesterday.<br> <br> Upvote if you agree. If you want to at least try to make it happen I accept donations:<br> <br> BTC: 162rXZaJA96NGj47cWWnjt1yf69DtwDC74<br> ETH: 0x0033ed5b86b7f834b0a177c223c622f4849f1b10</p> </html>
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      "body": "<html>\n<p>We had a great talk today with the professional stock trader. He thinks that psychology factor still applies to the crypto world. We were happy to explain to him that there are some similarities. But crypto market works different and it's not MLM strategy. Blochain is computer algorithm that can't user uninterrupted. No one has control over it even person who invented it. You can fix problems code has, but you will create hard fork copy (replication of the same code in turn new coin will be born. Old code is unstoppable and can't be intervened. A true honest digital economy that doesn't have most annoying human factor: GREED... It's near autonomous economy. Yes, it will have problems down the road. But in our opinion on a much smaller scale if right direction is taken:<br>\n- Allow free flow of innovation in this segment<br>\n- Verify innovation but stop consider ICO as securities or assets <br>\n- Create CFTA (Canadian FinTech Administration) Not for a group of close circle people but every company that deals with mining, e-commerce, innovation companies, manufacturing, Biotech, Aerospace, DND, Banking, Real Estate, Insurance, Service industry Government, Licencing, Transportation and Information Managment and the general public have an equal voice. Unregulated decentralized non-for profit organization that will help filter wolfs out of system and protect end-user and the public in general <br>\nWhat in our opinion will it change?<br>\n1) Help to avoid Midevil syndrome,<br>\n2) Uneven distribution of wealth (for the world to be fine to our estimate every human on the planet must have 0.003 Bitcoin, or coin that has similar value must exist with larger supply cap, by 2040 to avoid civil unrest on a global scale.<br>\n3) create competition market for innovation on the platform <br>\n4) Provide Economic value much larger than everyone estimates it is today <br>\n5) True potential for the technology will be evident and all of us will be able to evaluate it.<br>\n<br>\nHad brainstorm on how to fix current and future problems, technology has or will have in the near future.<br>\nFor some weird reason I see where problems &nbsp;were taken from I taken from Reddit yesterday.<br>\n<br>\nUpvote if you agree. If you want to at least try to make it happen I accept donations:<br>\n<br>\nBTC: 162rXZaJA96NGj47cWWnjt1yf69DtwDC74<br>\nETH: 0x0033ed5b86b7f834b0a177c223c622f4849f1b10</p>\n</html>",
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2018/01/04 19:04:57
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2018/01/04 04:46:30
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.reddit.com/r/Bitcoin/duplicates/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
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2018/01/04 04:46:24
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decentralguypublished a new post: what-future-holds
2018/01/04 04:45:18
authordecentralguy
body<html> <blockquote>I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.I don't want to waste any of your time, so I'm merely going to explain what happened.On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency. There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the <em>mean</em> person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel."What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.The four institutions with the largest still accessible Bitcoin balance are believed to be as following:-ASICminer - 50,000 Bitcoin-The IMF's "currency stabilization fund" - 70,000 Bitcoin-Government of Saudi Arabia - 110,000 Bitcoin-The North Korean government - 180,000 BitcoinEconomic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.This is also the reason we contacted you.It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies. However, I have seen where it ends.<br> </blockquote> <p><a href="https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/">Source&nbsp;</a></p> </html>
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      "body": "<html>\n<blockquote>I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.I don't want to waste any of your time, so I'm merely going to explain what happened.On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency. There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the <em>mean</em> person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a \"faggot\" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.\"What is a Citadel?\" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the \"Bitcoin rich\" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, \"earlies\" (our term for early adapters), as well as those rich whose wealth survived the \"transition\" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering \"rogue states\" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's \"Snowdens\" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.The four institutions with the largest still accessible Bitcoin balance are believed to be as following:-ASICminer - 50,000 Bitcoin-The IMF's \"currency stabilization fund\" - 70,000 Bitcoin-Government of Saudi Arabia - 110,000 Bitcoin-The North Korean government - 180,000 BitcoinEconomic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of \"Bitcoin rich\" actually physically tortured someone to get him to spill his password.Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as \"the tragedy\". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until \"the tragedy\" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the \"Bitcoin challenge\", divided most African land between themselves and were praised as heroes by the local African population for it.You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.This is also the reason we contacted you.It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies. However, I have seen where it ends.<br>\n</blockquote>\n<p><a href=\"https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/\">Source&nbsp;</a></p>\n</html>",
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2018/01/04 03:38:45
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://client.advisor.ca/tax/how-to-report-digital-currency-to-cra-11622
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2018/01/04 03:38:42
authordecentralguy
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2018/01/04 03:38:06
authordecentralguy
body<html> <p><strong>WHY</strong> <strong>READ THIS?</strong></p> <ul> <li>› Your client owns bitcoins</li> <li>› Your client is a bitcoin trader</li> <li>› Your client accepts bitcoins as payment</li> <li>› Your client mines bitcoins</li> </ul> <p><strong>WHAT TO DO?<br> <br> Your client has bitcoins in her portfolio</strong><br> </p> <p>In this case CRA considers bitcoins a commodity, and the tax treatment is the same as owning other securities, says Joseph Gill, a corporate securities and tax lawyer at McKercher LLP.<strong>1</strong> Upon sale of bitcoin units, calculate taxable capital gains or losses.&nbsp;</p> <ul> <li>Complete Schedule 3 – Capital Gains (or Losses) and attach it to your return.&nbsp;</li> <li>Report any gains from Line 199 of Schedule 3on Line 127 of your client’s individual tax return.</li> </ul> <p>TIPRecord purchases and sales in a spreadsheet to track gains and losses, says Ryan Lazanis of Xen Accounting.<strong>Read:</strong> <a href="http://www.advisor.ca/news/inside-bitcoin-trading-148336"><strong>Inside Bitcoin trading</strong></a><strong>Your client is a sole proprietor who accepts bitcoin payments</strong><br> CRA doesn’t consider bitcoins to be legal currency, so any transaction where a merchant accepts bitcoins for goods or services is considered bartering. CRA says that bartering creates taxable income.<strong>1</strong> Convert bitcoins into dollars.<br> › Base the conversion on the fair market value, in Canadian dollars, of the good or service your client sells, says Lazanis.TIPDon’t be confused by the market value of bitcoins. “Value the product or service you’re giving up, and include that in your revenues,” says Lazanis.EXAMPLE: A store sells a $20 mousetrap for 0.03 bitcoins. The storeowner then reports $20 in revenue on his tax return, says Gill.<strong>2</strong> Include barter revenue when calculating sales tax in Part 1 of Form T2125 – Statement of Business or Professional Activities. List the total income on Line 9946 of the T2125 and put it on Line 137 of the return.<strong>NOTE: Check provincial tax rules for PST treatment. </strong>TIP If CRA assesses your client’s return and wants transaction proof, refer the agency to the public bitcoin ledger Blockchain, says Ryan Lazanis, founder of Xen Accounting.<strong>Income or capital treatment?</strong> <strong>Read:</strong> <a href="http://www.advisor.ca/news/economic/fast-facts-on-bitcoin-2-143347"><strong>Fast facts on Bitcoin </strong></a>CRA may tax a bitcoin trade as business income if: › your client works for a broker, trader or lender, and the transaction is similar to others undertaken for the business; or › your client trades bitcoins often; or › your client conducts related business activities, such as advertising bitcoin trading services, researching the bitcoin market and looking for buyers; or › your client purchases bitcoins and sells soon after. Source: CRA Interpretation Bulletin IT-479R <strong>Your client mines bitcoins</strong> <br> Bitcoin mining is a taxable business, says CRA. Tax is payable on the fair market value of your client’s inventory at the end of the year.<strong>1</strong> Declare income in Part 1 of your client’s T2125.<br> › Lazanis generally lists mined bitcoins as income in the tax year his clients receive them—not when they use them. <strong>2</strong> List inventory in Part 4 of the T2125.<strong>3</strong> Use Parts 5 and 6 of the T2125 to deduct business expenses, such as the cost of computer hardware, electricity or a home office. <strong>4</strong> List the total income on Line 9946 of the T2125 and put it on Line 137 of the return.<strong>Your client is a broker or trader</strong> <br> If your client buys and sells bitcoins for a living, CRA could treat her coins as taxable income, says Lazanis. Income is 100% taxable, compared to 50% for capital gains. <br> › Declare income and calculate sales tax in Part 1 of your client’s T2125.<strong>NOTE: CRA hasn’t issued explicit rules on the sales tax treatment of bitcoins. So, Lazanis is cautious and calculates sales tax on the entire value of a transaction his client handles, not just on her commission. Other accountants calculate tax only on commissions.</strong>Sources: CRA; Ryan Lazanis, founder of Xen Accounting, CPA, CA in Montreal; Joseph Gill, corporate securities and tax lawyer at McKercher LLP in Saskatoon, Sask.<br> <br> <strong>How does Bitcoin work?</strong> <br> <br> Bitcoin is a digital currency created by an anonymous pro- grammer in 2009. Unlike traditional money, it isn’t controlled by a central bank or government. Using bitcoins allows people and entities to transact without foreign currency exchanges. People get bitcoins through transactions or ATMs, or by mining them: using specialized software to process and verify other transactions. The software rewards such work with new currency. More than 13 million bitcoins have been mined, out of a possible 21 million. Worldwide transactions are recorded on Blockchain.info, a public ledger, and attributed to a particular account, or wallet. Anyone can view a wallet’s transaction record. Other online currencies include Litecoin, Namecoin and Ripple.<br> <br> <a href="http://www.advisor.ca/tax/tax-news/what-to-do-with-digital-currency-166232">Source</a><br> <br> </p> </html>
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      "body": "<html>\n<p><strong>WHY</strong> <strong>READ THIS?</strong></p>\n<ul>\n  <li>› Your client owns bitcoins</li>\n  <li>› Your client is a bitcoin trader</li>\n  <li>› Your client accepts bitcoins as payment</li>\n  <li>› Your client mines bitcoins</li>\n</ul>\n<p><strong>WHAT TO DO?<br>\n<br>\nYour client has bitcoins in her portfolio</strong><br>\n</p>\n<p>In this case CRA considers bitcoins a commodity, and the tax treatment is the same as owning other securities, says Joseph Gill, a corporate securities and tax lawyer at McKercher LLP.<strong>1</strong> Upon sale of bitcoin units, calculate taxable capital gains or losses.&nbsp;</p>\n<ul>\n  <li>Complete Schedule 3 – Capital Gains (or Losses) and attach it to your return.&nbsp;</li>\n  <li>Report any gains from Line 199 of Schedule 3on Line 127 of your client’s individual tax return.</li>\n</ul>\n<p>TIPRecord purchases and sales in a spreadsheet to track gains and losses, says Ryan Lazanis of Xen Accounting.<strong>Read:</strong> <a href=\"http://www.advisor.ca/news/inside-bitcoin-trading-148336\"><strong>Inside Bitcoin trading</strong></a><strong>Your client is a sole proprietor who accepts bitcoin payments</strong><br>\nCRA doesn’t consider bitcoins to be legal currency, so any transaction where a merchant accepts bitcoins for goods or services is considered bartering. CRA says that bartering creates taxable income.<strong>1</strong> Convert bitcoins into dollars.<br>\n› Base the conversion on the fair market value, in Canadian dollars, of the good or service your client sells, says Lazanis.TIPDon’t be confused by the market value of bitcoins. “Value the product or service you’re giving up, and include that in your revenues,” says Lazanis.EXAMPLE: A store sells a $20 mousetrap for 0.03 bitcoins. The storeowner then reports $20 in revenue on his tax return, says Gill.<strong>2</strong> Include barter revenue when calculating sales tax in Part 1 of Form T2125 – Statement of Business or Professional Activities. List the total income on Line 9946 of the T2125 and put it on Line 137 of the return.<strong>NOTE: Check provincial tax rules for PST treatment. </strong>TIP If CRA assesses your client’s return and wants transaction proof, refer the agency to the public bitcoin ledger Blockchain, says Ryan Lazanis, founder of Xen Accounting.<strong>Income or capital treatment?</strong> <strong>Read:</strong> <a href=\"http://www.advisor.ca/news/economic/fast-facts-on-bitcoin-2-143347\"><strong>Fast facts on Bitcoin </strong></a>CRA may tax a bitcoin trade as business income if: › your client works for a broker, trader or lender, and the transaction is similar to others undertaken for the business; or › your client trades bitcoins often; or › your client conducts related business activities, such as advertising bitcoin trading services, researching the bitcoin market and looking for buyers; or › your client purchases bitcoins and sells soon after. Source: CRA Interpretation Bulletin IT-479R <strong>Your client mines bitcoins</strong> <br>\nBitcoin mining is a taxable business, says CRA. Tax is payable on the fair market value of your client’s inventory at the end of the year.<strong>1</strong> Declare income in Part 1 of your client’s T2125.<br>\n› Lazanis generally lists mined bitcoins as income in the tax year his clients receive them—not when they use them. <strong>2</strong> List inventory in Part 4 of the T2125.<strong>3</strong> Use Parts 5 and 6 of the T2125 to deduct business expenses, such as the cost of computer hardware, electricity or a home office. <strong>4</strong> List the total income on Line 9946 of the T2125 and put it on Line 137 of the return.<strong>Your client is a broker or trader</strong> <br>\nIf your client buys and sells bitcoins for a living, CRA could treat her coins as taxable income, says Lazanis. Income is 100% taxable, compared to 50% for capital gains. <br>\n› Declare income and calculate sales tax in Part 1 of your client’s T2125.<strong>NOTE: CRA hasn’t issued explicit rules on the sales tax treatment of bitcoins. So, Lazanis is cautious and calculates sales tax on the entire value of a transaction his client handles, not just on her commission. Other accountants calculate tax only on commissions.</strong>Sources: CRA; Ryan Lazanis, founder of Xen Accounting, CPA, CA in Montreal; Joseph Gill, corporate securities and tax lawyer at McKercher LLP in Saskatoon, Sask.<br>\n<br>\n<strong>How does Bitcoin work?</strong> <br>\n<br>\nBitcoin is a digital currency created by an anonymous pro- grammer in 2009. Unlike traditional money, it isn’t controlled by a central bank or government. Using bitcoins allows people and entities to transact without foreign currency exchanges. People get bitcoins through transactions or ATMs, or by mining them: using specialized software to process and verify other transactions. The software rewards such work with new currency. More than 13 million bitcoins have been mined, out of a possible 21 million. Worldwide transactions are recorded on Blockchain.info, a public ledger, and attributed to a particular account, or wallet. Anyone can view a wallet’s transaction record. Other online currencies include Litecoin, Namecoin and Ripple.<br>\n<br>\n<a href=\"http://www.advisor.ca/tax/tax-news/what-to-do-with-digital-currency-166232\">Source</a><br>\n<br>\n</p>\n</html>",
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2018/01/04 03:28:09
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.thebalance.com/how-bitcoins-are-taxed-3192871
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2018/01/04 03:28:06
authordecentralguy
permlinkcrypto-tax-united-states-edition
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2018/01/04 03:27:18
authordecentralguy
body<html> <p>Whenever bitcoin is bought, sold, or traded, there are tax impacts. We'll discuss how bitcoins and other forms of virtual currency are taxed, and point out record keeping requirements and tax planning techniques that can be utilized. At the end you'll find resources for continuing your own research.</p> <h3>The big picture:</h3> <p>"The key thing going forward is maintaining records, substantially similar to stock," says <a href="https://www.tyracpa.com/"><strong>Jason Tyra</strong></a>, a certified public accountant in Texas who specializes in bitcoin; "Incomplete records might as well be no records."Why is record keeping such an important topic? Maintaining records is essential for accurately measuring bitcoin-related income.When it comes to taxes, the Internal Revenue Service has ruled that bitcoins and other "convertible virtual currencies" are "treated as property" and not treated as currency. This concise guidance from the IRS has implications for <em>how bitcoins are taxed</em>, <em>what information is needed</em> to make sure taxes are calculated correctly, and <em>what tax planning techniques</em> people can use to minimize their taxes on Bitcoin transactions.&nbsp; In brief,</p> <ul> <li>Virtual currencies are property for tax purposes;</li> <li>That means, you'll have capital gain or loss when disposing of virtual currency;</li> <li>Income is taxable, even if you are paid in virtual currency;</li> <li>Spending virtual currency is really two transactions in one: disposing of the virtual currency and spending the dollar-equivalent amount;</li> <li>Business transactions in bitcoin are subject to all the normal rules for sales tax, withholding, and information reporting;</li> <li>Keeping detailed records of transactions in virtual currency ensures that income is measured accurately.</li> </ul> <h3>What is Virtual Currency from a Tax Perspective? Here's What the IRS Has to Say</h3> <p>Definitions:</p> <ul> <li>"Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value."</li> <li>Virtual currency "does not have legal tender status in any jurisdiction."</li> <li>"Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as 'convertible' virtual currency."</li> <li>"Bitcoin is one example of a convertible virtual currency."</li> <li>"Bitcoin can be digitally traded between users and can be purchased for, or exchanged into, U.S. dollars, Euros, and other real or virtual currencies."</li> </ul> <p>Tax Treatment:</p> <ul> <li>"For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency."</li> <li>"A taxpayer who receives virtual currency as payment for goods or services must, in computing gross income, include the fair market value of the virtual currency, measured in U.S. dollars, as of the date that the virtual currency was received."</li> <li>"Transactions using virtual currency must be reported in U.S. dollars" on the tax return.</li> <li>"Taxpayers will be required to determine the fair market value of virtual currency in U.S. dollars as of the date of payment or receipt."</li> <li>"If a virtual currency is listed on an exchange and the exchange rate is established by market supply and demand, the fair market value of the virtual currency is determined by converting the virtual currency into U.S. dollars ... at the exchange rate, in a reasonable manner that is consistently applied."</li> </ul> <p><em>Source:</em> Notice 2014-21 (<a href="https://www.irs.gov/pub/irs-drop/n-14-21.pdf">pdf version</a> | <a href="https://www.irs.gov/irb/2014-16_IRB">Web version</a>), IRS.gov.</p> <h3>Virtual Currency Treated as Property – That Means Capital Gains When Bitcoins are Disposed</h3> <p>"Every bitcoin transaction is taxable," <a href="http://bitcoinvista.com/2014/03/27/what-does-irs-notice-mean-for-you/">writes</a> <a href="http://www.bitcointaxsolutions.com/"><strong>Tyson Cross</strong></a>, a tax attorney who specializes in virtual currencies. "Bitcoin users will have to calculate their gain or loss every time they purchase goods or services with bitcoin."Let's think for a moment about what this means. The IRS said that bitcoin and similar convertible virtual currencies are property for tax purposes. As with other types of property, first one <em>acquires</em> property, often by exchanging cash for the property. Then one owns the property for a period of time. And then eventually one might sell or give away or trade or otherwise <em>dispose</em> of the property. So with any type of property we have three moments in time: acquiring the property, holding the property, and disposing of the property.The same three aspects are found with convertible virtual currencies.Let's start by discussing what happens from a tax perspective <em>at the end</em> when bitcoins are sold or disposed of. Since bitcoins are property, we would follow the rules that apply to dispositions of property. When property is disposed of, four things happen:</p> <ol> <li>Income is realized from any gains on the property.</li> <li>Gain is measured by the change in the dollar value between the cost basis (the purchase price) and the gross proceeds received from the disposition (the selling price).</li> <li>The tax rates that apply depend on whether the property was held for a short-term or for a long-term duration. And finally,</li> <li>Dispositions of property are reported on the tax return using Schedule D &amp; Form 8949 or Form 4797. These forms require us to "show our math" when calculating gain or loss.</li> </ol> <h3>Tax Tips for Merchants &amp; Businesses</h3> <ul> <li>Identify an exchange rate to use consistently in valuing bitcoins received.</li> <li>Charge sales tax when a customer buys from you using bitcoin, if that's required in your line of business.</li> <li>When paying an independent contractor $600 or more during the year, <a href="https://www.thebalance.com/filling-out-form-w9-3193471">request Form W-9</a> and <a href="https://www.thebalance.com/reporting-income-payments-using-form-1099-misc-3192962">issue Form 1099-MISC</a>, even if you pay them in bitcoin. Track the amount paid to contractors throughout the year to measure whether you reach the $600 threshold. <a href="https://www.thebalance.com/backup-withholding-3193454">Backup withholding</a> may be required.</li> <li>If paying employees in bitcoin, first withhold all applicable <a href="https://www.thebalance.com/payroll-taxes-3193126">payroll taxes</a> in US dollars. Net pay can then be paid out in bitcoin as appropriate.</li> <li>Taxes are paid in dollars, not in bitcoin. Consider converting bitcoins to dollars on a regular schedule so that you have enough dollars to remit any income tax, withholding, or sales tax.</li> <li>Include bitcoin transactions when figuring your <a href="https://www.thebalance.com/estimated-taxes-and-the-estimated-tax-penalty-3193117">estimated tax payments</a>.</li> <li>Sales revenue is recorded as business income in dollars.</li> <li>Expenses are also recorded in dollars.</li> <li>Gain or loss on holding bitcoin are recorded as trading gains (Form 4797 or Schedule D as appropriate)</li> </ul> <p>There are some <em>non-tax related best practices for merchants</em>:</p> <ul> <li>"Most merchants are converting virtual currency at the time of the transaction or shortly thereafter, since they aren't in the business of taking risk on bitcoin's price volatility," says <strong>David Berger</strong>, founder and chief executive officer of the <a href="http://www.digitalcurrencycouncil.com/">Digital Currency Council</a>, which provides training on digital currency for accountants and attorneys.</li> <li>There are merchant service providers who guarantee the exchange rate at the time of sale and provide daily automatic conversion of bitcoin to dollars, Berger mentioned.</li> <li>Compare bitcoin fees/commissions and processing times with other payment technologies (such as merchant accounts, PayPal, etc.).</li> </ul> <h3>Tax Tips for Casual Bitcoin Users</h3> <ul> <li>Establish a record-keeping system.</li> <li>Keep track of when you acquire and when you dispose of bitcoins.</li> <li>Record dispositions of bitcoins on Schedule D and Form 8949.</li> <li>Each purchase using bitcoin is two transactions in one: an implied disposition and an expense.</li> </ul> <p>On a non-tax note, casual bitcoin users will want to use a reputable bitcoin wallet provider. Reputable wallet providers have implemented risk mitigation tools to make buying, trading and selling bitcoins more secure and user-friendly, notes David Berger.</p> <p><a href="https://www.thebalance.com/how-bitcoins-are-taxed-3192871">Source</a></p> </html>
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      "body": "<html>\n<p>Whenever bitcoin is bought, sold, or traded, there are tax impacts. We'll discuss how bitcoins and other forms of virtual currency are taxed, and point out record keeping requirements and tax planning techniques that can be utilized. At the end you'll find resources for continuing your own research.</p>\n<h3>The big picture:</h3>\n<p>\"The key thing going forward is maintaining records, substantially similar to stock,\" says <a href=\"https://www.tyracpa.com/\"><strong>Jason Tyra</strong></a>, a certified public accountant in Texas who specializes in bitcoin; \"Incomplete records might as well be no records.\"Why is record keeping such an important topic? Maintaining records is essential for accurately measuring bitcoin-related income.When it comes to taxes, the Internal Revenue Service has ruled that bitcoins and other \"convertible virtual currencies\" are \"treated as property\" and not treated as currency. This concise guidance from the IRS has implications for <em>how bitcoins are taxed</em>, <em>what information is needed</em> to make sure taxes are calculated correctly, and <em>what tax planning techniques</em> people can use to minimize their taxes on Bitcoin transactions.&nbsp; In brief,</p>\n<ul>\n  <li>Virtual currencies are property for tax purposes;</li>\n  <li>That means, you'll have capital gain or loss when disposing of virtual currency;</li>\n  <li>Income is taxable, even if you are paid in virtual currency;</li>\n  <li>Spending virtual currency is really two transactions in one: disposing of the virtual currency and spending the dollar-equivalent amount;</li>\n  <li>Business transactions in bitcoin are subject to all the normal rules for sales tax, withholding, and information reporting;</li>\n  <li>Keeping detailed records of transactions in virtual currency ensures that income is measured accurately.</li>\n</ul>\n<h3>What is Virtual Currency from a Tax Perspective? Here's What the IRS Has to Say</h3>\n<p>Definitions:</p>\n<ul>\n  <li>\"Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value.\"</li>\n  <li>Virtual currency \"does not have legal tender status in any jurisdiction.\"</li>\n  <li>\"Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as 'convertible' virtual currency.\"</li>\n  <li>\"Bitcoin is one example of a convertible virtual currency.\"</li>\n  <li>\"Bitcoin can be digitally traded between users and can be purchased for, or exchanged into, U.S. dollars, Euros, and other real or virtual currencies.\"</li>\n</ul>\n<p>Tax Treatment:</p>\n<ul>\n  <li>\"For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency.\"</li>\n  <li>\"A taxpayer who receives virtual currency as payment for goods or services must, in computing gross income, include the fair market value of the virtual currency, measured in U.S. dollars, as of the date that the virtual currency was received.\"</li>\n  <li>\"Transactions using virtual currency must be reported in U.S. dollars\" on the tax return.</li>\n  <li>\"Taxpayers will be required to determine the fair market value of virtual currency in U.S. dollars as of the date of payment or receipt.\"</li>\n  <li>\"If a virtual currency is listed on an exchange and the exchange rate is established by market supply and demand, the fair market value of the virtual currency is determined by converting the virtual currency into U.S. dollars ... at the exchange rate, in a reasonable manner that is consistently applied.\"</li>\n</ul>\n<p><em>Source:</em> Notice 2014-21 (<a href=\"https://www.irs.gov/pub/irs-drop/n-14-21.pdf\">pdf version</a> | <a href=\"https://www.irs.gov/irb/2014-16_IRB\">Web version</a>), IRS.gov.</p>\n<h3>Virtual Currency Treated as Property – That Means Capital Gains When Bitcoins are Disposed</h3>\n<p>\"Every bitcoin transaction is taxable,\" <a href=\"http://bitcoinvista.com/2014/03/27/what-does-irs-notice-mean-for-you/\">writes</a> <a href=\"http://www.bitcointaxsolutions.com/\"><strong>Tyson Cross</strong></a>, a tax attorney who specializes in virtual currencies. \"Bitcoin users will have to calculate their gain or loss every time they purchase goods or services with bitcoin.\"Let's think for a moment about what this means. The IRS said that bitcoin and similar convertible virtual currencies are property for tax purposes. As with other types of property, first one <em>acquires</em> property, often by exchanging cash for the property. Then one owns the property for a period of time. And then eventually one might sell or give away or trade or otherwise <em>dispose</em> of the property. So with any type of property we have three moments in time: acquiring the property, holding the property, and disposing of the property.The same three aspects are found with convertible virtual currencies.Let's start by discussing what happens from a tax perspective <em>at the end</em> when bitcoins are sold or disposed of. Since bitcoins are property, we would follow the rules that apply to dispositions of property. When property is disposed of, four things happen:</p>\n<ol>\n  <li>Income is realized from any gains on the property.</li>\n  <li>Gain is measured by the change in the dollar value between the cost basis (the purchase price) and the gross proceeds received from the disposition (the selling price).</li>\n  <li>The tax rates that apply depend on whether the property was held for a short-term or for a long-term duration. And finally,</li>\n  <li>Dispositions of property are reported on the tax return using Schedule D &amp; Form 8949 or Form 4797. These forms require us to \"show our math\" when calculating gain or loss.</li>\n</ol>\n<h3>Tax Tips for Merchants &amp; Businesses</h3>\n<ul>\n  <li>Identify an exchange rate to use consistently in valuing bitcoins received.</li>\n  <li>Charge sales tax when a customer buys from you using bitcoin, if that's required in your line of business.</li>\n  <li>When paying an independent contractor $600 or more during the year, <a href=\"https://www.thebalance.com/filling-out-form-w9-3193471\">request Form W-9</a> and <a href=\"https://www.thebalance.com/reporting-income-payments-using-form-1099-misc-3192962\">issue Form 1099-MISC</a>, even if you pay them in bitcoin. Track the amount paid to contractors throughout the year to measure whether you reach the $600 threshold. <a href=\"https://www.thebalance.com/backup-withholding-3193454\">Backup withholding</a> may be required.</li>\n  <li>If paying employees in bitcoin, first withhold all applicable <a href=\"https://www.thebalance.com/payroll-taxes-3193126\">payroll taxes</a> in US dollars. Net pay can then be paid out in bitcoin as appropriate.</li>\n  <li>Taxes are paid in dollars, not in bitcoin. Consider converting bitcoins to dollars on a regular schedule so that you have enough dollars to remit any income tax, withholding, or sales tax.</li>\n  <li>Include bitcoin transactions when figuring your <a href=\"https://www.thebalance.com/estimated-taxes-and-the-estimated-tax-penalty-3193117\">estimated tax payments</a>.</li>\n  <li>Sales revenue is recorded as business income in dollars.</li>\n  <li>Expenses are also recorded in dollars.</li>\n  <li>Gain or loss on holding bitcoin are recorded as trading gains (Form 4797 or Schedule D as appropriate)</li>\n</ul>\n<p>There are some <em>non-tax related best practices for merchants</em>:</p>\n<ul>\n  <li>\"Most merchants are converting virtual currency at the time of the transaction or shortly thereafter, since they aren't in the business of taking risk on bitcoin's price volatility,\" says <strong>David Berger</strong>, founder and chief executive officer of the <a href=\"http://www.digitalcurrencycouncil.com/\">Digital Currency Council</a>, which provides training on digital currency for accountants and attorneys.</li>\n  <li>There are merchant service providers who guarantee the exchange rate at the time of sale and provide daily automatic conversion of bitcoin to dollars, Berger mentioned.</li>\n  <li>Compare bitcoin fees/commissions and processing times with other payment technologies (such as merchant accounts, PayPal, etc.).</li>\n</ul>\n<h3>Tax Tips for Casual Bitcoin Users</h3>\n<ul>\n  <li>Establish a record-keeping system.</li>\n  <li>Keep track of when you acquire and when you dispose of bitcoins.</li>\n  <li>Record dispositions of bitcoins on Schedule D and Form 8949.</li>\n  <li>Each purchase using bitcoin is two transactions in one: an implied disposition and an expense.</li>\n</ul>\n<p>On a non-tax note, casual bitcoin users will want to use a reputable bitcoin wallet provider. Reputable wallet providers have implemented risk mitigation tools to make buying, trading and selling bitcoins more secure and user-friendly, notes David Berger.</p>\n<p><a href=\"https://www.thebalance.com/how-bitcoins-are-taxed-3192871\">Source</a></p>\n</html>",
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2018/01/04 02:08:36
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2018/01/04 02:03:27
authordecentralguy
body@@ -3018,16 +3018,108 @@ 00.%3Cbr%3E%0A +%3Cbr%3E%0ASource: https://turbotax.intuit.ca/tips/how-bitcoins-might-impact-your-income-taxes-333 %3C/p%3E%0A%3C/h
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2018/01/04 02:02:09
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2018/01/04 02:00:00
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://turbotax.intuit.ca/tips/how-bitcoins-might-impact-your-income-taxes-333
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2018/01/04 01:59:54
authordecentralguy
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2018/01/04 01:59:36
authordecentralguy
body<html> <p>Bitcoin is a relatively new e-currency payment system that is not operated by a centralized government authority like most other currencies. Popular for online payments and transfers due to its built-in encryption and security methods, Bitcoin has captured the attention of many non-traditionalists and tech-minded people. It has also captured the attention of the Canada Revenue Agency, who has altered existing tax codes to help address profits and transactions associated with virtual currencies.</p> <h2>Trade and Barter Transactions With Virtual Currencies</h2> <p>Transactions made with bitcoins or other virtual currency are covered by the section of the tax code that governs barter and trade transactions. Under this portion of the tax code, you must declare any income received or expenses made, regardless of whether any actual cash was tied to the transaction.For example, if you run a daycare and you accept eggs, bitcoins or any other type of trade in exchange for child care, you still are required to report these transactions on your income taxes. Since you can’t declare bitcoins, eggs or other material items on your tax form, you must declare the typical dollar amount that you would have otherwise claimed for those services.If you usually charge $200 per week for daycare services, you must declare $200 as income on your return — even if you accepted different types of payment. Similarly, the person who provided you with the trade may declare the $200 as an expense on their income tax return.</p> <h2>Using Virtual Currency for Your Business</h2> <p>In some cases, regular trade and barter rules do not apply. However, if you use Bitcoin or other virtual currency systems in the operation of your business or self-employment activities, you are still responsible for claiming these purchases and payments as usual on your tax return.To assign dollar amounts for these transactions, you must use the exchange rate between the virtual currency and the Canadian dollar on the day of the transaction.For example, if you purchased inventory for your shop with Bitcoin and the cost was three bitcoins, you need to find the exchange rate for the day the purchase was made. If the exchange rate was $316 for one Bitcoin, your deduction for that inventory purchase would be $948.Similarly, if you paid an employee using Bitcoin, you would have to convert the payment to Canadian dollars using the exchange rate from the day the payment was made. Your employee would have to use the exchange rate to determine how much income to declare.</p> <h2>Determining Capital Gains From Virtual Currencies</h2> <p>If you buy, hold and sell virtual currency, and make a profit in the process, you must claim that profit as a capital gains. The portion of the Canada Revenue Agency’s tax code regarding securities exchanges applies to these transactions.For example, if you purchased 200 bitcoins for $50,000, but sold them six months later for $62,400, you would have to declare a capital gain of $12,400.<br> </p> </html>
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      "body": "<html>\n<p>Bitcoin is a relatively new e-currency payment system that is not operated by a centralized government authority like most other currencies. Popular for online payments and transfers due to its built-in encryption and security methods, Bitcoin has captured the attention of many non-traditionalists and tech-minded people. It has also captured the attention of the Canada Revenue Agency, who has altered existing tax codes to help address profits and transactions associated with virtual currencies.</p>\n<h2>Trade and Barter Transactions With Virtual Currencies</h2>\n<p>Transactions made with bitcoins or other virtual currency are covered by the section of the tax code that governs barter and trade transactions. Under this portion of the tax code, you must declare any income received or expenses made, regardless of whether any actual cash was tied to the transaction.For example, if you run a daycare and you accept eggs, bitcoins or any other type of trade in exchange for child care, you still are required to report these transactions on your income taxes. Since you can’t declare bitcoins, eggs or other material items on your tax form, you must declare the typical dollar amount that you would have otherwise claimed for those services.If you usually charge $200 per week for daycare services, you must declare $200 as income on your return — even if you accepted different types of payment. Similarly, the person who provided you with the trade may declare the $200 as an expense on their income tax return.</p>\n<h2>Using Virtual Currency for Your Business</h2>\n<p>In some cases, regular trade and barter rules do not apply. However, if you use Bitcoin or other virtual currency systems in the operation of your business or self-employment activities, you are still responsible for claiming these purchases and payments as usual on your tax return.To assign dollar amounts for these transactions, you must use the exchange rate between the virtual currency and the Canadian dollar on the day of the transaction.For example, if you purchased inventory for your shop with Bitcoin and the cost was three bitcoins, you need to find the exchange rate for the day the purchase was made. If the exchange rate was $316 for one Bitcoin, your deduction for that inventory purchase would be $948.Similarly, if you paid an employee using Bitcoin, you would have to convert the payment to Canadian dollars using the exchange rate from the day the payment was made. Your employee would have to use the exchange rate to determine how much income to declare.</p>\n<h2>Determining Capital Gains From Virtual Currencies</h2>\n<p>If you buy, hold and sell virtual currency, and make a profit in the process, you must claim that profit as a capital gains. The portion of the Canada Revenue Agency’s tax code regarding securities exchanges applies to these transactions.For example, if you purchased 200 bitcoins for $50,000, but sold them six months later for $62,400, you would have to declare a capital gain of $12,400.<br>\n</p>\n</html>",
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2018/01/01 23:16:42
authordecentralguy
bodyI mined for 2 days no etbn what so​ ever
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decentralguyblockchain operation: transfer to savings
2017/12/29 15:07:54
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2017/12/29 14:17:27
authordecentralguy
body<html> <p><strong>WHO WE ARE:</strong><br> <em><strong>Crypto Communication Technologies </strong></em>is eRetail and crypto-mining corporation. We will specialize in BTC, LTC, XMR, ETH mining and eRetail business with use of Blockchain Technology. We are based in Canada.<br> <br> <strong>HOW WILL WE RELEASE ICO:</strong><br> We will release ICO token &nbsp;with use of Waves Platform with use of their Trading features. Tokens purchased during Initial Coin Offering will have voting ability for the Community of founders during Pre-ICO period. Initially we plan to release 12,600,000 tokens out of total supply of 126,000,000 tokens. These tokens will be used within ecosystem of services. 30% of which will be reserved for Crypto. Communication Technologies team.</p> <p><strong>HOW TOKENS ARE USED WITHIN YOUR SYTEM:</strong><br> Tokens are used for merchants who will sell on our eRetail platform for fee payment after the ICO and when platform is ready to launch. Pre-ICO price is set to be sold at $0.07 per token &nbsp;Once pre-ICO supply will be sold out the remaining 60% of tokens will be Released in 3 stages:<br> <br> <strong>Early bird:</strong> $0.26 - 25,200,000 tokens<br> <strong>Stage 2:</strong> $0.75 - 25,200,000 tokens <br> <strong>Stage 3: </strong>$1.50 - remaining 25,200,000 tokens will be released <br> <br> Major token holders will receive percentage from sales and mining power profits we will accumulate. We estimate tradable value of tokens up to $2.00 USD after we setup everything. As we expend and evolve our portfolio of services value of tokens will increase as-well. <br> <br> <strong>Note:</strong> <em>Tokens are not stake within the company, but a &nbsp;honest way for the marchants and token holders earn money in return for their help to make it happen.<br> <br> <br> &nbsp;</em></p> <p><br></p> <p><br></p> </html>
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parent permlinkblockchain
permlinkcrypto-communication-technologies-ico-announcement
titleCrypto Communication Technologies ICO announcement
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      "body": "<html>\n<p><strong>WHO WE ARE:</strong><br>\n<em><strong>Crypto Communication Technologies </strong></em>is eRetail and crypto-mining corporation. We will specialize in BTC, LTC, XMR, ETH mining and eRetail business with use of Blockchain Technology. We are based in Canada.<br>\n<br>\n<strong>HOW WILL WE RELEASE ICO:</strong><br>\nWe will release ICO token &nbsp;with use of Waves Platform with use of their Trading features. Tokens purchased during Initial Coin Offering will have voting ability for the Community of founders during Pre-ICO period. Initially we plan to release 12,600,000 tokens out of total supply of 126,000,000 tokens. These tokens will be used within ecosystem of services. 30% of which will be reserved for Crypto. Communication Technologies team.</p>\n<p><strong>HOW TOKENS ARE USED WITHIN YOUR SYTEM:</strong><br>\nTokens are used for merchants who will sell on our eRetail platform for fee payment after the ICO and when platform is ready to launch. Pre-ICO price is set to be sold at $0.07 per token &nbsp;Once pre-ICO supply will be sold out the remaining 60% of tokens will be Released in 3 stages:<br>\n<br>\n<strong>Early bird:</strong> $0.26 - 25,200,000 tokens<br>\n<strong>Stage 2:</strong> $0.75 - 25,200,000 tokens <br>\n<strong>Stage 3: </strong>$1.50 - remaining 25,200,000 tokens will be released <br>\n<br>\nMajor token holders will receive percentage from sales and mining power profits we will accumulate. We estimate tradable value of tokens up to $2.00 USD after we setup everything. As we expend and evolve our portfolio of services value of tokens will increase as-well. <br>\n<br>\n<strong>Note:</strong> <em>Tokens are not stake within the company, but a &nbsp;honest way for the marchants and token holders earn money in return for their help to make it happen.<br>\n<br>\n<br>\n&nbsp;</em></p>\n<p><br></p>\n<p><br></p>\n</html>",
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2017/12/29 14:07:39
authordecentralguy
body<html> <p><strong>WHO WE ARE:</strong><br> <em><strong>Crypto Communication Technologies </strong></em>is eRetail and crypto-mining corporation. We will specialize in BTC, LTC, XMR, ETH mining and eRetail business with use of Blockchain Technology. We are based in Canada.<br> <br> <strong>HOW WILL WE RELEASE ICO:</strong><br> We will release ICO token &nbsp;with use of Waves Platform with use of their Trading features. Tokens purchased during Initial Coin Offering will have voting ability for the Community of founders during Pre-ICO period. Initially we plan to release 12,600,000 tokens out of total supply of 126,000,000 tokens. These tokens will be used within ecosystem of services. 30% of which will be reserved for Crypto. Communication Technologies team.</p> <p><strong>HOW TOKENS ARE USED WITHIN YOUR SYTEM:</strong><br> Tokens are used for merchants who will sell on our eRetail platform for fee payment after the ICO and when platform is ready to launch. Pre-ICO price is set to be sold at $0.07 per token &nbsp;Once pre-ICO supply will be sold out the remaining 60% of tokens will be Released in 3 stages:<br> <br> <strong>Early bird:</strong> $0.26 - 25,200,000 tokens<br> <strong>Stage 2:</strong> $0.75 - 25,200,000 tokens <br> <strong>Stage 3: </strong>$1.50 - remaining 25,200,000 tokens will be released <br> <br> Major token holders will receive percentage from sales and mining power profits we will accumulate. We estimate tradable value of tokens up to $2.00 USD after we setup everything. As we expend and evolve our portfolio of services value of tokens will increase as-well. <br> <br> <strong>Note:</strong> <em>Tokens are not stake within the company, but a &nbsp;honest way for the marchants and token holders earn money in return for their help to make it happen.<br> <br> <br> &nbsp;</em></p> <p><br></p> <p><br></p> </html>
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steemdelegated 18.270 SP to @decentralguy
2017/12/27 21:13:36
delegateedecentralguy
delegatorsteem
vesting shares29717.918965 VESTS
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2017/12/22 08:55:03
authordecentralguy
bodyWatch Litecoins too :)
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permlinkre-coldmonkey-bitc-crashes-20171222t85118381z-20171222t085503481z
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2017/12/22 08:54:00
authorcoldmonkey
permlinkbitc-crashes-20171222t85118381z
voterdecentralguy
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2017/12/22 08:52:33
authorfessender
permlinkall-cryptos-will-rise-in-2018-if-not-atleast-80-of-them-will
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2017/12/22 08:39:06
idfollow
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2017/12/22 08:34:36
authorcoldmonkey
permlinkre-decentralguy-20171222t82451575z
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2017/12/22 08:32:54
idfollow
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2017/12/22 08:31:12
authordecentralguy
bodyIts just 15% nothing to worry about it started to stabilizing! Imagine 300% gain before New Year's Eve....​You know​ what happening​ when community responds.​ On plus side, ​BTC is heavily undervalued.
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2017/12/22 08:25:00
authorcoldmonkey
bodyThe crash is worldwide. Bitcoin is a worldwide market.
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permlinkre-decentralguy-20171222t82451575z
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Account Metadata

POSTING JSON METADATA
None
JSON METADATA
None
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Auth Keys

Owner
Single Signature
Public Keys
STM62zRPbCtnp8daDCXVFhjZL8HgJLjqMpDydgfMZEuase2nLAyTC1/1
Active
Single Signature
Public Keys
STM5CujQvygHSZRi3tHwQbQ9AyCocvapFSsuxdDW2q61FR7oxTdQ41/1
Posting
Single Signature
Public Keys
STM83cWErLUDhuwCULuAbQrFFZpJHykJ98z3DbmaBcPjDz9QSTQYm1/1
Memo
STM825iRrSk6PS72oWSSyN4kydZdFC1E6XXTqz7ggrfLdtqYnhS9j
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Witness Votes

0 / 30
No active witness votes.
[]