Egad, the next distribution will cause another spike in unconfirmed btc tx.

I've wondered this as well, from my understanding they did blacklist all of the well known exchange/ico addresses... I always wanted to ask what's stopping these people from movinvg their coins to different addresses? Of course, if people have a loophole to take advantage of, they will.

Contrary to popular opinion, having most of the market cap in the hands of richest people is better than having it in the hands of poor people/speculators. Yes, some of them could just dump all their assets just for fun if they wanted.... but most of the time you don't get rich by doing dumb stuff like that.

There is a point in this, BTC whales were strong enough to h0dl BTC over years, so they are strong enough to h0dl Byteball over years

I have to disagree. The richest ones don't go all in and out for tax reasons. Maybe they do have some "play-money" stash to do trading, but that's a way different thing.

What country are you in? In most first world countries, swapping a coin to another is a taxable event.

Oh, I supposse you are in UK, well, I am not really sure, but there is a possibility you are wrong. If you are swapping millions in coins you better consult several taxation consultants to make sure you are doing it right. The fines are WAY bigger than any profit you could make.

If you are not swapping millions, most probably you are below the radar and you will never know.

Also, Byteball giveaway rounds are PURE capital gains. You get whatever value those Byteballs have in exchange of NOTHING. You then exchange them for BTC that has a "common established" price and you have not had any capital gain? Don't think so.

Sorry but you wrong.
If you was right all exchanges would be shut already.
Besides let say bitmex, accept only btc but u can trade other pairs to. guess what? u getting paid back in btc. so no exchange occurs for capital gain tax to apply.
And yes, crypto is grey area and most of countries have no clue what they doing.
I wanna see all those whales moving btc from alts back and forth that paying any tax. they just making bag bigger and when time to pay for toys etc they suing smart accountant or they using crypto to shop. thats all.

And so what millions or not u still should pay tax. And what radar u talking about? u can be lucky and turn 1Btc in 100Btc if one of the alts is pumped xxx or even xxxx%. That dosnt mean u going to tax office and paying tax. same with miners. they making btc and only paying tax on them which are sold otc.

I am not so sure I am wrong in what is or isn't a taxable event. What you are describing is current situation in which many taxable events are not in the radar (that¡s the radar i am talking about) of tax office. Yes, I know you can do as you wish right now and most probably not have any tax issues, but that doesn't mean they weren't taxable events.

When we are talking about rich cyrptocurrencies people they are already cashing out some of their gains into fiat, real state, etc.... so they are already on the radar of the tax office and when you are, you better behave perfectly or you risk some HUGE fines/prison.

It's not the responsability of the exchanges to fill your tax forms. It is your responsability to identify any and all taxable events and declare them properly with or without any help of those exchanges.

are yu stupid or focking crazy..this user will gets 1% of money supply at each rounds and yu tell me thats is focking secure !?

he have 1% of money supply and he will more 2x at each rounds..may be gets 20 or 30 % at ending..what yu want ? centralized bbs ?

Can't wait someone forks Byteball, the distribution of the coin was \ is a joke.