Cryptocurrency (36 Viewers)

[Monty]

You won't be going for any then? Ethereum, Cardano, etc?

I want to research them more, but I don't even know where to start or how to understand what I'm reading when I do.

Reddit bitcoin beginners is a good place to start

 

Buy on AliExpress.com

[lgorTudor]

Two New Services Could Help Investors Rate Cryptocurrencies

https://finance.yahoo.com/news/two-services-could-help-investors-210353274.html

Weiss will begin rating on the 24th. Perhaps time to buy something that you think will get a good rating?

haha, now this one will disturb the market if normies start jumping on/abandong coins based on their ''''rating''''

perfect manipulation tool in disguise

 

[Dostoevsky]

I will probably start mining with low cash.

 

[lgorTudor]

I will probably start mining with low cash.

Which coin? Ubiq? VTC?

 

[Dostoevsky]

Which coin? Ubiq? VTC?

I'll see what I set it. I'm getting 2 great GPUs.

I gotta repay the whole thing so I'll go with the guaranteed moneyback, might hit ZEC and get ~200e monthly. When I repay the PC and if I get a new rig I'll probably start mining low-cost currencies while hoping their price jumps back.

 

[Sjaban]

haha, now this one will disturb the market if normies start jumping on/abandong coins based on their ''''rating''''

perfect manipulation tool in disguise

My thought exactly.

 

[Monty]

you alright there @igortudor ?

 

[Hust]

Gonna have to weather the storm

 

[Monty]

Gonna have to weather the storm

Grinta

 

[Monty]

Gonna have to weather the storm

@igortudor hasnt responded has he?

 

[Wittl]

@igortudor hasnt responded has he?

You've mentioned the wrong user, Einstein! ::

 

[Monty]

You‘ve mentioned the wrong user, Einstein! ::

Isnt that Igor Tudor's handle?

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You‘ve mentioned the wrong user, Einstein! ::

@lgorTudor

Lmao, i always thought it was Igor

 

[lgorTudor]

Isnt that Igor Tudor's handle?

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@lgorTudor

Lmao, i always thought it was Igor

well my portfolio down to 5 figures again but considering I started with lower 4 figures, then went to solid 6 figures I am not worried. I have seen many crashes, as Hustini said gotta weather the storm

selling = taxes
not selling 1 year = no taxes



I rather go down than feed the commie government. But Tether drama at some point had to explode in our faces. Bitfinex cant be getting away with it. A 1 year bear trend is entirely possible imo

 

[Quetzalcoatl]

well my portfolio down to 5 figures again but considering I started with lower 4 figures, then went to solid 6 figures I am not worried. I have seen many crashes, as Hustini said gotta weather the storm

selling = taxes
not selling 1 year = no taxes



I rather go down than feed the commie government

How do you get taxed on this?

 

[lgorTudor]

How do you get taxed on this?

depending on gains ( and your personal income tax rate)

50k€ 29% tax
100k€ 38%
200k they take 50%

fuck that shit

I rather make less but give them nothing than earning twice as much and giving them half

hold coin for 1 year = no taxes

 

[Quetzalcoatl]

depending on gains ( and your personal income tax)

50k€ 29% tax
100k€ 38%
200k they take 50%

fuck that shit

I rather make less but give them nothing than earning twice as much and giving them half

I mean, how do they know what gains you've made? Unless you volunteer that information

 

[Monty]

I mean, how do they know what gains you've made? Unless you volunteer that information

If they didnt before, now they do cuz its on Tuz

 

[Quetzalcoatl]

If they didnt before, now they do cuz its on Tuz

@GermanTaxAuthority

 

[lgorTudor]

I mean, how do they know what gains you've made? Unless you volunteer that information

For starters, German bitcoin exchanges already cooperate with the IRS so your name is already in their books. It's gonna be a matter of time for them to pick up the infrastructure and personnel neccessary to purge the evaders. At some point they will send out letters to people they don't have a tax report from and request them to reveal their trading history. And then, I guarantee, you will be in deep shit. That's just the case if you havent cashed out into fiat at all. If you did they will just look at your bank account and see receipts from exchanges, and then you are fucked even faster.

It's safer to wage war against Gomorrha than withdrawing your gains from german IRS.

If they didnt before, now they do cuz its on Tuz

implying I am dumb enough to ever even consider dodging taxes Especially since you can avoid them legally. Americans only get tax cuts after 1 year. It's never entirely tax-free for them

 

[Quetzalcoatl]

For starters, German bitcoin exchanges already cooperate with the IRS so your name is already in their books. It's gonna be a matter of time for them to pick up the infrastructure and personnel neccessary to purge the evaders. At some point they will send out letters to people they don't have a tax report from and request them to reveal their trading history. And then, I guarantee, you will be in deep shit. That's just the case if you havent cashed out into fiat at all. If you did they will just look at your bank account and see receipts from exchanges, and then you are fucked even faster.

It's safer to wage war against Gomorrha than withdrawing your gains from german IRS.


implying I am dumb enough to ever even consider dodging taxes Especially since you can avoid them legally. Americans only get tax cuts after 1 year. It's never entirely tax-free for them

Ah I see, that's rough