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Transfer rate is not guaranteed between currency. So if you buy in Nowegian, it's still based on forex exchange rates. Plus could also be investigated in UK for suddenly having 15K dropped in his account ;) There are other digital currencies with more potential

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Has to be cash paid into my bank.nothing dodgy.i don't mind paying any taxes really but want to keep as much for my hard work.

As i understood it a can earn around 14/15,000 or thereabout tax free in norway and just put it in my bank again british tax free also.may as well shag some sexy blondes while i'm there.

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29 minutes ago, mushroom said:

Transfer rate is not guaranteed between currency. So if you buy in Nowegian, it's still based on forex exchange rates. Plus could also be investigated in UK for suddenly having 15K dropped in his account ;) There are other digital currencies with more potential

I don't mean the potential to rise in price.just for the ease of purchasing really.

What other coins are you thinking of.

 

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3 minutes ago, ginger beard said:

Has to be cash paid into my bank.nothing dodgy.i don't mind paying any taxes really but want to keep as much for my hard work.

As i understood it a can earn around 14/15,000 or thereabout tax free in norway and just put it in my bank again british tax free also.may as well shag some sexy blondes while i'm there.

Have a word with an accountant in the UK.

They should set you straight were you stand with tax.

Peace of mind then.

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19 minutes ago, king said:

I don't mean the potential to rise in price.just for the ease of purchasing really.

What other coins are you thinking of.

I've been holding a few coins since January.

The accounts you can use to purchase with Bitcoin, are still based on forex. So your savings are technically at the mercy of the exchange rates.

If you have Bitcoin, right now depends on when you bought (and/or) mined them. I know someone who gained a 100 dollars worth, back in 2010ish... he's made more than a few million by selling at 15K

Edited to add;

In July 2010 Bitcoin was valued at 0.08cents (American).... do the maths ?

Edited by mushroom
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Fair play to him for getting in early.

He had a good few for $100 back then I bet.

I don't hold btc.i buy and sell it to aquire other coins.

Just found this graph.he has done well.i bet he wished he had invested a $1000.

That graph would be 10x in January just gone.

Nearly $200m mental money 

 

d0349AV.jpeg

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13 minutes ago, king said:

Fair play to him for getting in early.

He had a good few for $100 back then I bet.

I don't hold btc.i buy and sell it to aquire other coins.

Just found this graph.he has done well.i bet he wished he had invested a $1000.

That graph would be 10x in January just gone.

Nearly $200m mental money 

 

d0349AV.jpeg

Mate it works out like this;

100/0.08=1250 Bitcoin

1250 x 15,000= 18,750,000$

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10 minutes ago, mushroom said:

Mate it works out like this;

100/0.08=1250 Bitcoin

1250 x 15,000= 18,750,000$

That's what I said.if he had invested $1000.

He would be $187m.

It's hard to get your head around them figures.

That's the best $100 he will ever spend without doubt.

 

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