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#271 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#272 | ||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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How many of you guys have shares?
I don't understand all this excitement. I bought commonwealth bank shares at $5 and sold at $85. Enjoyed fully franked dividends for 20 years. Much better ways to make money than this ponzi scheme creating money out of thin air.
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www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#273 | |||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Quote:
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#274 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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I don’t have shares so this is my first experience at anything like this
( money for nothing ) My investment has made around $2,000 today after a very slow first few weeks, I wouldn’t say I’m excited but I wouldn’t say I’m unhappy either, I understand that it could go negative at any moment but while the market keeps flashing green, you won’t see me frowning. Last edited by Lunch; 30-12-2017 at 03:03 PM. |
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#275 | |||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Quote:
$5 to $85 in 20 years, so about 1600% which is a very nice return (and with franked dividends along the way). The guys that got on Ripple at about 20c have currently made 1500% within the past couple of months. Sure, Ripple could turn to crap at any time...so can pretty much most shares. I have shares in ORG which were part of an employee program, and purchased CBA back at $33 and probably should have sold when you did but still holding them. While I am just playing in crypto with what I can afford to lose, to be responsible I will refer to my dabbling in crypto as diversifying. |
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#276 | ||
bitch lasagne
Join Date: Aug 2012
Location: Sonova Beach
Posts: 15,110
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#277 | |||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Quote:
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#278 | ||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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I’m still ****ed off that my account isn’t yet verified because that crap letter hasn’t arrived. I could’ve bought at $0.99c and now hitting $3.00. **** it!!!!!!!
Sent from my iPad using Tapatalk
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2017 Mustang GT (Magnetic) |
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#279 | |||
Donating Member
![]() Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,439
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Quote:
Sent from my SM-G935F using Tapatalk
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ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) - RIGHT REAR CHROME TRIM XF Falcon S Update EFI - SOLD EL2 XR8 - SOLD BF F6 RSPEC #139 - SOLD Now rocking the SZ Territory Titanium Petrol Family Beast |
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#280 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
Cops. Edit: be careful how much you transfer each transaction. Use multiples of differing amounts at no more than 8.5k. Don't ask me how I know.
__________________
www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#281 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
I hate it when the boat sails without me ![]() Sent from my iPad using Tapatalk
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2017 Mustang GT (Magnetic) |
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#282 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
Or what? If the transactions fall beneath the legal transaction limit then there isn’t an issue. Sent from my iPad using Tapatalk
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2017 Mustang GT (Magnetic) |
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#283 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
I've said enough already, so I'm not going into detail in public, sorry.
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www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#284 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
No point posting if you aren’t willing to give all the info to the readers, just creates confusion. Pretty sure you won’t get carted off to Gaol for providing information, there’s no need to be cryptic or paranoid. Big brother isn’t watching! Sent from my iPad using Tapatalk
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2017 Mustang GT (Magnetic) |
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#285 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Big brother is always watching, brother.. 0.o
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#286 | ||
Looking for clues...
![]() ![]() Join Date: Jan 2005
Location: Morayfield
Posts: 23,187
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I believe if you transfer more than $10,000 overseas it raises flags for the govco. I get this from my elderly neighbour who got divorced, and discovered chinese hookers. They are constantly transferring money back home to family, but always in less than $10k lots.
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2016 Ford Falcon FG/X XR6 Turbo you beaut ute 1985 XR4Ti Sierra - Build Thread 1971 Fairlane 500 and... a collection of Jeep Towpigs and... two collections of rust and some new plastic bits roughly shaped like an F-Truck and.... some spare metal bits with holes in them |
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#287 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
Well old mate above reckons it’s 8.5k but don’t ask him how he knows ![]() ![]() ![]() Sent from my iPad using Tapatalk
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2017 Mustang GT (Magnetic) |
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#288 | ||
Looking for clues...
![]() ![]() Join Date: Jan 2005
Location: Morayfield
Posts: 23,187
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8.5kus = 10k au$?
__________________
2016 Ford Falcon FG/X XR6 Turbo you beaut ute 1985 XR4Ti Sierra - Build Thread 1971 Fairlane 500 and... a collection of Jeep Towpigs and... two collections of rust and some new plastic bits roughly shaped like an F-Truck and.... some spare metal bits with holes in them |
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#289 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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I think Bitcoin and such are much like any shares. IBM, Apple, Microsoft etc. Now those who invested early are rich and sticking the finger up
![]() BTW cash transactions of $10k or more are required to be reported to AUSTRAC. If you split the payment with the sole purpose of avoiding that reporting requirement I believe it is an offence. |
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#290 | ||
Donating Member
![]() Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,439
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$2.87 now. Is the ride over?
Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) - RIGHT REAR CHROME TRIM XF Falcon S Update EFI - SOLD EL2 XR8 - SOLD BF F6 RSPEC #139 - SOLD Now rocking the SZ Territory Titanium Petrol Family Beast |
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#291 | ||
irregular member
Join Date: Jun 2005
Location: NSW
Posts: 1,457
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Just a correction, hlod, hlod, hlod....
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#292 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Looks like they’re all taking a hit today, LTC is under $300 for the first time in a long time,
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#293 | ||
RPO 77
Join Date: Feb 2006
Posts: 1,912
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Interested to hears others thoughts on the below - very much thinking out aloud so probably not as coherent as it could be but...
If XRP the coin/token cannot be traded for anything as in you cannot possess it and use it to purchase things and in effect is not a share in the company Ripple Labs then what is its real value? I am assuming that we are all competing on the same market for a share in the XRP coin/token pool which would include all financial institutions that are taking it on board to use for their fund transfers. I am thinking that when it becomes entrenched in the system and is used by the majority of financial institutions for fund transfer what happens next? The financial institutions will market on the speed of the transaction but are likely to still charge for the privilege - so XRP on the crypto market is entirely a speculative bubble? Will the value of XRP be tithed to current financial transaction costs? ie why would a financial institution buy into it if it was going to cost them more than what it already costs them for their current system? So the real value of XRP cannot surpass the real cost of the current transactions albeit at a nominal inflationary rate? I say this because for every transaction part of the coin/token is consumed as XRP is deflationary (and so will inherently rise in value as stock dwindles) so to compensate for that the institutes will have to increase charges to cover off the coin/token cost? So is this where XRP withold coin/token and release as necessary to keep the XRP price down below the existing financial transaction cost? Thereby limiting the sort of meteoric rise that other coins may experience? Knowing that XRP total is about $100b? $40b odd in circulation at the mo - would be interesting to know the real cost of existing traditional transactions (swift etc) - if i was a banker (of which cleary i am not as this is likely all just gibberish) I would not buy into it unless there was some sort of guarantee that costs were not likely to surpass existing costs for the foreseeable future - perhaps 10-20yrs?
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Q: If you have tried to sell it three times now and it is still not sold, do you think it might be over-priced? A: It is over priced - just like all the other falcon coupes for sale!! ![]() ![]() |
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#294 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
I gave you all the info you need but obviously you don't have the intelligence to process it. You're welcome.
__________________
www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#295 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Its part of the ride. The ride is just begining. Like I said earlier it was a micro bubble. Ripple is still finding its level which I (and many others) believe its much higher than it is.... Also its the weekend and new years as well.
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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#296 | |||
FF.Com.Au Hardcore
Join Date: Jun 2010
Location: Desert City
Posts: 2,326
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Quote:
I’m very intelligent, your just trying to be all 007 without actually providing any real detail. If people’s jobs are on the line then someone is doing something dodgy and should loose their jobs. How’s that for quick intelligence.
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2017 Mustang GT (Magnetic) |
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#297 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Sth Coast NSW
Posts: 1,512
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Quote:
There are, but at least these guys are trying something better than lottery tickets and fixed interest (< 3% return). Last edited by snap0964; 31-12-2017 at 05:13 PM. |
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#298 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: WA
Posts: 3,705
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Quote:
You would still cop capital gains on coins. I would recommend a good accountant if cashing in a decent amount though. Yes it's a cost but worth it in my opinion. I rode out 3? Recessions and gfc with those shares. Would coins survive one?
__________________
www.bseries.com.au/mercurybullet 2016 Falcon XR8. Powered by the legend that is - David Winter. XC Cobra #181. 1985 Mack Superliner, CAT 3408, 24 speed Allison. |
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#299 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Sth Coast NSW
Posts: 1,512
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Quote:
Well if you hold for over 12mths, under 12 mths it's classed as income. At least there's no GST on transactions. Also you don't get a dividend or franking credit on crypto's unfortunately. That's the $64 question. Same reservation you may've had with CBA shares at $5.40 in 1991, same as I had buying into Telstra 1 & 2, hindsight is too late unfortunately. As I say, I think Crypto's are worth dabbling in - you just have to have a strategy with investing and a tax plan thought out as well. |
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#300 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Tax plan is to cash out in Germany.....
__________________
Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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