Circle question

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  • KVB
    SBR Aristocracy
    • 05-29-14
    • 74817

    #36
    I was wondering about the financing just forgot to take the time to look myself. Thanks raiders.

    Comment
    • 3runhomer
      SBR Sharp
      • 08-23-10
      • 423

      #37
      This all sounds like very good news!

      One question would be regarding taxes...and if circle is a registered bank now, how will that be treated with the funds you have in the account. Part of the appeal of bitcoin was that it was not in a bank...any thoughts?
      Comment
      • Buffalo Nickle
        SBR MVP
        • 11-12-14
        • 3228

        #38
        Originally posted by 3runhomer
        This all sounds like very good news!

        One question would be regarding taxes...and if circle is a registered bank now, how will that be treated with the funds you have in the account. Part of the appeal of bitcoin was that it was not in a bank...any thoughts?
        You will have to pay tax on your capital gains trading bitcoin. Don't know if they are going to report every transaction but likely. Could be a real pain for the enthusiasts.
        Comment
        • poker6469
          SBR Sharp
          • 02-13-12
          • 454

          #39
          Comment
          • poker6469
            SBR Sharp
            • 02-13-12
            • 454

            #40
            Comment
            • cincy
              SBR Sharp
              • 09-30-07
              • 403

              #41
              I tried to send 2 bitcoins from blockchain to circle and it said maximum concurrent endpoints reached please try again later. what does this mean?
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 60618

                #42
                Originally posted by cincy
                I tried to send 2 bitcoins from blockchain to circle and it said maximum concurrent endpoints reached please try again later. what does this mean?
                That the blockchain server you are routed to is overloaded.

                Could be a tech issue, or lots of users or a DDOS attack
                .
                Comment
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