Hi,
If I have a house I bought in Australia for $100k, and sell it forn $120k, I will be taxed on the profits.
So if I sell the house for $80k plus $40k in Bitcoins, I would actually be able to claim the sale as a loss.
Is something like this possible? How legal or traceable would this be?
Thoughts?
2 questions.
Which is the best VM size in terms of ROI? i am using 4 cpu 16 gig servers.
What region is the best for placing my Azure VM? Does this make a difference to speed? I am currently in SNG datacenter and SNG has traditionally had a very quick internet pipe.
If I have a public address for Bitcoin in my wallet.
And in another wallet/account I have some ETC (Minergate), can I transfer directly into my Bitcoin address and does it convert on the fly?
Or can I only transfer from ETC to ETC?