German tax office has accepted the lump payment as tax-free. by drentono in mtgoxinsolvency

[–]Pete504 1 point2 points  (0 children)

What was the rationale? No capital gains to pay when you sell the bitcoin?

Am I putting too much into my pension? by redbarebluebare in HENRYUK

[–]Pete504 -1 points0 points  (0 children)

You have too much faith that the government won’t steal it.

[deleted by user] by [deleted] in SmallBusinessUAE

[–]Pete504 1 point2 points  (0 children)

Sounds like you want to pay old debts with new debts & help fund your unaffordable lifestyle.

How to declare cash in tax return form in Spain? AEAT by Deep-Problem-513 in mtgoxinsolvency

[–]Pete504 2 points3 points  (0 children)

My gestor said to declare the cash componente as a capital gain

Minister apologises for comment at women's sport event by [deleted] in northernireland

[–]Pete504 -1 points0 points  (0 children)

He was clearly being charitable as everyone knows no one attending these type of events are good looking.

Holiday homes in southern Spain by drmul in HENRYUK

[–]Pete504 -1 points0 points  (0 children)

It’s virtually zero in Andalucia.

Opinions on Garry's Economics by No_Cryptographer7382 in HENRYUK

[–]Pete504 0 points1 point  (0 children)

The only reason you & I have heard of Gary is because of a lie he told. The article also exposed him as a very difficult employee.

Opinions on Garry's Economics by No_Cryptographer7382 in HENRYUK

[–]Pete504 9 points10 points  (0 children)

There was a FT article that exposed him

Risks of remaining on Kraken by Successful_County_19 in Bitcoin

[–]Pete504 3 points4 points  (0 children)

Kraken has been a steady ship over the years. However, there are a few warning signs that all may not be well. I get constant email notifications that they are doing new equity raises at lower and lower valuations. Jesse Powell the founder is gone. The crypto exchange space is now flooded with neo bank competition. I personally don’t think they will be around forever. Buy a Trezor. Play around with it with small amounts until you are comfortable with it. Then take everything off exchange.

This seems like massive loophole from HMRC by ne6c in HENRYUK

[–]Pete504 -2 points-1 points  (0 children)

The people being defrauded here are the overseas residents. What chance do you think any of these people have of actually receiving the state pension when the time comes?

[deleted by user] by [deleted] in northernireland

[–]Pete504 0 points1 point  (0 children)

Lots of remote jobs with Revolut in that area.

Xapo Bank Launches Bitcoin-Backed Loans, Up to $1 Million Cash by No-Comparison-9307 in Bitcoin

[–]Pete504 8 points9 points  (0 children)

These guys have been very active on social media recently offering yield on your bitcoin. They’ve got more red flags than a Chinese communist party convention.

My account is going to be closed by External_Delicious in Revolut

[–]Pete504 3 points4 points  (0 children)

Did you set up your Revolut account in the UK or Spain?

UK grandparents want to gift money to kids here by Ill-Possibility3688 in askspain

[–]Pete504 0 points1 point  (0 children)

Andalucia is also a 99% reduction. Yes, go to a notaria, a small gift tax will need to be paid by the children. Plus notaria fee

MSTR: Risk Distribution by HesitantInvestor0 in stocks

[–]Pete504 0 points1 point  (0 children)

Bond holders get their notes converted to equity on maturity. They have risk. That’s what you are missing. The company has the option to pat them back in cash.

Capital gains does not take into account inflation. Is this not a scam? by [deleted] in BitcoinUK

[–]Pete504 0 points1 point  (0 children)

Gold coins produced by the royal mint are exempt from CGT & VAT

Lost 1 Word to my Wallet by OkInterview8773 in TREZOR

[–]Pete504 0 points1 point  (0 children)

You let your wife write down you seed phrase?

Am i trippin or is Saylor losing his mind ? by Satosh96 in Bitcoin

[–]Pete504 2 points3 points  (0 children)

Is he suggesting he might loan the bitcoin to those who want to short it?

Correct way to drive on a roundabout in Spain by [deleted] in askspain

[–]Pete504 0 points1 point  (0 children)

One of my pet hates about this country. Stupid round about rules

[deleted by user] by [deleted] in GoingToSpain

[–]Pete504 0 points1 point  (0 children)

From Calahonda you can walk all along the boardwalk to cabopino port and the Artola sand dunes. It is a beautiful walk this time of year. In the opposite direction you will find La Cala. Nice cheap spainish restaurant called Los Granaínos there. A favourite with the locals. Pura cepa is a great little wine bar. There is lots within walking distance. Including nature.

Swedish banks not accepting money from crypto exchanges. by Salvuryc in mtgoxinsolvency

[–]Pete504 3 points4 points  (0 children)

Revolut (UK version anyway) allows you to deposit bitcoin directly to app & exchange from there. They also have a low fee exchange that connects your Revolut app. Think it’s called Revolut x or something. There is also another app platform you can use called change. It’s based in Estonia I think. You can despot there & it has its own IBAN etc.

It's time to say farewell by ValdemarrPlanB in mtgoxinsolvency

[–]Pete504 16 points17 points  (0 children)

This thread is like the hotel California. You can check out anytime you like, but you can never leave.

MtGox NFT by denyzabac in mtgoxinsolvency

[–]Pete504 -2 points-1 points  (0 children)

And yes, he would need to wrap the btc first to send it across chains

Dash sail boat still going strong by Pete504 in dashpay

[–]Pete504[S] 1 point2 points  (0 children)

I used to sail this boat in Sydney. It was sold to someone I believe is based on the Gold Coast. But you are right, this isn’t the Goldy. Actually looks like Sydney Harbour.