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Which stablecoins you guys using? I figured out I can use a deemed acquisition cost for taxation purposes, so trading is actually on the table.

Wallet went from +200% to +40% in less than a week, but I'm hodling like a pro.

How y'all doing?

Same here. You pay tax from all of your profitable transactions, not just for some end-of-the-year total. However, the losses at least here are deductible from your CG taxes, I'd assume that's the...

You first have cash.
Then you sell it for [something, like a crypto] for price x.
Then after a while, you sell [something, like crypto] for price y.
If y>x, the excess is taxable as cgt, starting...

Yeah. We like taxing the fun out of life here. I don't know what those happiest country competitions are about.

1000€ here. :(

I'm assuming the UK has a fairly high tax free limit for capital gains tax?

"Don't try to fix something unless it's completely broken and if at first you don't succeed, never try again." --Poop, 2021



I recall you admitting the current system isn't optimal. That in...

I was merely trying to point out that the ones saying "don't fix what ain't fundamentally broken" are often on the wrong side of history. Progress would be stymied quite a bit if that was the...

Is the fiat system optimal with its currency transactions, fees, exchange rates etc? Is it optimal they're governed by central banks? Is it optimal that governments can print money to boost their...

I didn't say there's no inflation, I said printing money should increase it, yet it doesn't.

See the curve on that page you linked? Does it show the effect of the FED printing money since ca 2008?...

Macroeconomics is nuts (not the poker term). Printing money should increase inflation, yet we don't see that in the recent years in the US. And if there is inflation, it means it takes care of the...

How do the tangible assets change the scenario in any way? A company may own some, but it's not like you get those as a shareholder if the company goes bust. The value of the tangible assets is...

How exactly, on a fundamental/theoretical level, is investing in crypto different than investing in stocks?

I may be wrong, though I don't think I am. Those "sell walls", "resistance lines", "support lines" and all the rest related to those analytical looking charts on youtube videos are absolute bs.

Are you suggesting he won't have a coin to flip? Harsh.

No immediate threat of that happening.

As Boost said, I doubt this will be an issue. I've already once switched over from one currency to euro, and it didn't take long to start thinking about prices in euro without a need for conversion....

Peanuts. Only bought with 100€ to see if my prediction would be correct, indeed it was, now at 258€. Maybe buy with more confidence next time and fail miserably.

Overall I'm at 210% with all my...

Buying GRT. No, I'm not kidding.

I think you've got this backwards. The BUY BUY BUY!!!! was 3 days ago, today it's SELL SELL SELL!!!!

GRT +130% in 3 days.

Not really. If people lose trust in the stock, its price can reach 0, no matter what assets or whatever the company has. It is obv very unlikely the value of Amazon stock is worthless tomorrow, but...

What Keith said. The stocks have exactly as much value as people are willing to pay, that's the sole mechanism that dictates their price. What are you basing you pyramid scheme theory on? The fact...