closed Lancashire meetup-Crypto-Silver 1Kg (£780) and 5Kg (£3850) bars for sale, No dirty fiat please, ONLY Crypto accepted Monero, Bitcoin, Litecoin...

[HOLDON]

Meet up for delivery in the Lancashire area, buyer must be able to transact with crypto upon meetup.

Several of each are available

 

 

Edited May 23, 2023 by HOLDON
picture isn't showing so uploaded new

[Squalleonhart]

Holdon a minute do you have any pictures 🤣

 

😅

Image wont load

[Solachesis]

1 minute ago, Squalleonhart said:

Holdon a minute do you have any pictures 🤣

 

😅

Image wont load

Probably an invalid form of payment file type

[HOLDON]

Yes sorry, it was the file type, should be able to view now

[Squalleonhart]

All good

[Solachesis]

@Upsidedown5318008 This your cup of sats, bro?

[Upsidedown]

Just now, Solachesis said:

@Upsidedown5318008 This your cup of sats, bro?

Yes thank you

 

@HOLDON I only have marijuanacoin

Will 5 be ok? Lets meet somewhere neutral like ireland, thanks

[oddball]

you would struggle to sell them kilos for 700 on here. 780 is way off. you can get britannias for 28.80 posted. never mind the crypto transaction costs. 

[HOLDON]

Hi Oddball, funny name! If you sell your crypto to get your funds into your bank and then buy metals it's a 'taxable event', one day in the future you could have someone knocking on your door after combing through your records automatically, asking for their cut which could be way more than 20% of the fiat you got for your crypto. Not to mention they know precisely what you bought with your fiat, owning precious metals has been illegal before and it could quite easily happen in the future. No one knows what could happen, I understand everyone is not the same but if I was in the market for silver which I will be again in the future, understanding in my view the future benefits, I would be willing to pay more than these prices to buy with crypto.

[Squalleonhart]

3 minutes ago, HOLDON said:

Hi Oddball, funny name! If you sell your crypto to get your funds into your bank and then buy metals it's a 'taxable event', one day in the future you could have someone knocking on your door after combing through your records automatically, asking for their cut which could be way more than 20% of the fiat you got for your crypto. Not to mention they know precisely what you bought with your fiat, owning precious metals has been illegal before and it could quite easily happen in the future. No one knows what could happen, I understand everyone is not the same but if I was in the market for silver which I will be again in the future, understanding in my view the future benefits, I would be willing to pay more than these prices to buy with crypto.

Only relevant when they bring in cbdc but youve just argued odd balls case for him in regards to cgt except coins that are cheaper 

[oddball]

they dont know what you buy with fiat if its cash. btc is also traceable.im more on at the price. not the crypto payment. if you sold one of them bars on here for 780 in btc, within an hour,  everyone and his dog will be listing. including me.  

[Solachesis]

21 minutes ago, HOLDON said:

Hi Oddball, funny name! If you sell your crypto to get your funds into your bank and then buy metals it's a 'taxable event', one day in the future you could have someone knocking on your door after combing through your records automatically, asking for their cut which could be way more than 20% of the fiat you got for your crypto. Not to mention they know precisely what you bought with your fiat, owning precious metals has been illegal before and it could quite easily happen in the future. No one knows what could happen, I understand everyone is not the same but if I was in the market for silver which I will be again in the future, understanding in my view the future benefits, I would be willing to pay more than these prices to buy with crypto.

I'm pretty sure trading crypto for metals also counts as a taxable event. You are selling your asset to acquire another asset, or in other words: You are using crypto to pay for goods or services, the goods being gold. You will be liable for any relevant taxes

Edited May 22, 2023 by Solachesis

[HOLDON]

It depends on your circumstance, if you made a conservative 5x gains on your crypto and sell it, let's say you turned 20k into 100k, then they knock on your door, they would be asking you for 50%of the 80k. 

so you pay the 40K 

now you only have a value of 60K in Metals

Not to mention they know you have metals 

What do you think the gov would have said if you went to Nixon and said these gold coins are supposed to be capital gain free

He would say 'Hand them over, you're not supposed to have them!'

They re-write the rules whenever they want to play the game they want, surely we can all agree on that?

CBDC could be possible and it's a wet dream for them, so we need to be proactive and get out of their systems before they impose them on us.

 

 

 

 

[FoxS1LVR]

4 minutes ago, HOLDON said:

50%of the 80k

CGT is 20%, it’s not higher rate income tax. Not sure I understand how that relates to the £780

[bobski]

When was Nixon prime minister?

[Solachesis]

Just now, bobski said:

When was Nixon prime minister?

About 20 years before Tag 

[oddball]

i think he is trying to sell at around 10% above forum market value. so the buyer doesnt have to pay tax. 

[oddball]

or the buyer could just sell crypto for cash. p2p. then buy silver with cash. and get it a fair value. 

[bobski]

2 minutes ago, oddball said:

i think he is trying to sell at around 10% above forum market value. so the buyer doesnt have to pay tax. 

I have a feeling another attempted tax dodge might go the same way as those pre-order tubes of brits

[HOLDON]

Just now, oddball said:

or the buyer could just sell crypto for cash. p2p. then buy silver with cash. and get it a fair value. 

Yes that would be the best way

[Gordy]

41 minutes ago, HOLDON said:

one day in the future you could have someone knocking on your door after combing through your records automatically, asking for their cut which could be way more than 20% of the fiat you got for your crypto. Not to mention they know precisely what you bought with your fiat, owning precious metals has been illegal before and it could quite easily happen in the future.

will you sell to me for 1,000,000 foil hats

[oddball]

im near you holden. leyland.  i will swap you for 50 cans of aldi beans

[GoodAsGold]

I know very little about crypto, but driving all the way to Lancashire in a fiat is very risky in my opinion.

[Upsidedown]

41 minutes ago, HOLDON said:

they know precisely what you bought with your fiat, owning precious metals has been illegal before and it could quite easily happen in the future. 

Ah reminds me of the boating accident. Yes terrible, terrible.

All at the bottom of a lake, so it is 😪

[Gordy]

Just now, GoodAsGold said:

I know very little about crypto, but driving all the way to Lancashire in a fiat is very risky in my opinion.

especially in a Fiat Panda