It's not ok for me paying my taxes but it is a liability for us therefore we have an obligation on paying our taxes as well as the other citizens we have living in the same country, to be fair we don't really carry the same burden when it comes to paying our taxes as it scales up depending on which tax bracket you belong and I think it is only fair that the lower income earners have lesser tax liability than the ones earning higher ones.
I think for your case you are experiencing a higher tax liability because you have yielded a higher gain during that year thus placing you on a higher bracket. If you want to reduce your tax liability you should do more research in your country where you are living. For example since I think you are living in a European country there are some countries in their like Germany where you will be exempted for tax if you held your crypto position for more than 1 year. There might be similar laws you have in your country which reduce or completely remove your tax so really there is a lot of options in which you can lessen your obligations.
Indeed, Its one thing availing of the TAX free laws in a different country but there are certainly criteria to avail of these. We also need to bear in mind the criteria in our residing country for TAX free status. I.E move to Germany for 1 year to avail of the TAX free laws but potentially still be
liable for TAX in your normal country, you might have to be a non resident of your own
country for more than a year.Even if Germany has that kind of law I didn't say that you need to move to Germany because of it. My main point is that you must know your own domestic laws in order to know if you have ways to lessen or even completely remove your tax liability which is possible even in capital gains. Also I didn't mention anything about just focusing on finding tax exemption laws because this will rarely come in our taxation policies. You have mentioned in your OP a company that can reduce your tax liability I guess you only need a lawyer/CPA to know some tricks in order to lessen your tax liability they'll be more familiar with the law and they'll surely help in your case when it comes to taxation. |
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Are you ok with paying TAX on your profits?
Have you seriously considered minimising your liability?
It's not ok for me paying my taxes but it is a liability for us therefore we have an obligation on paying our taxes as well as the other citizens we have living in the same country, to be fair we don't really carry the same burden when it comes to paying our taxes as it scales up depending on which tax bracket you belong and I think it is only fair that the lower income earners have lesser tax liability than the ones earning higher ones. I think for your case you are experiencing a higher tax liability because you have yielded a higher gain during that year thus placing you on a higher bracket. If you want to reduce your tax liability you should do more research in your country where you are living. For example since I think you are living in a European country there are some countries in their like Germany where you will be exempted for tax if you held your crypto position for more than 1 year. There might be similar laws you have in your country which reduce or completely remove your tax so really there is a lot of options in which you can lessen your obligations. |
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I know that education is one of the most important things for a successful economy but I don't think it should be the only one that the government should be focusing on doing as there is a lot of cases where even though there is a lot of their citizens graduating at higher education and there are no jobs for them to get employed after they will just be left out as one of the unemployed people after graduating. They are either forced to move out of that country or just take a master's course just to get qualified on one of the jobs or at least get employed. Governments should at the same time attract foreign investments as well as create laws on encouraging citizens on creating their own company so that it ensures all the graduates to have jobs for them after they graduate.
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It looks like the ban on cryptocurrencies is a real thing that could happen now even Reuters made an article with an interview on a Indian government official about how real the crypto ban will be, he said that even holding/possession of cryptocurrencies would be considered as a criminal act in the country. With the crypto ban having a high chance of happening in that country I will be worried about the short term effect it will lead in the crypto market, once the ban is issued I'm sure the government will given them time/duration to liquidate their cryptocurrencies this period can cause a sell-off in the market as well FUD as a bad news like this one which also has a direct affect in the market can be disastrous for the market. |
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With all the books I have read I have never seen an author/trader advised about a minimum amount as your capital, I have seen a minimum amount in order to be optimal about the fees on a trader but never about the minimum capital in order to make profit. That's why we will always have reminders about "invest on what you can afford to lose" it just implies that there is no minimum amount you need in order to start earning in a trade. Sometimes people aren't "scared" because they are afraid to lose their money because most of the time people are spending everything that they can afford just to trade cryptocurrencies.
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Just search in Google "Bitcoin Transaction Calculator/Estimator" you will see websites such as this one where it shows you a time estimate on how fast is the transaction and determine how much do you need to pay per byte in order to achieve that time. some says fee is not required when paying with bitcoin !
The only wallets I know that don't "require" fees are custodial wallets that have off-chain transactions enabled and they don't ask you for a fee because the transaction doesn't happen in the blockchain hence it is called "off-chain", the only catch is the sender/receiver must have the same custodial wallet as you have (e.g. Coinbase to Coinbase) and some wallets require you to choose fees ! is it necessary ?
A fee is necessary when you are conducting your transaction in the blockchain. And yes some wallets allow you to choose a fee aside from setting it up on your own their are also wallets like Electrum where it gives you an option to have a dynamic fee where it chooses the fee that will be optimal time-wise for your transaction. |
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Can't see any reviews for it as well aside from their customer feedback found in the website you won't see any kind of reviews for it from other buyers. It makes their business unreputable when it comes to selling mining hardware thus making it not worth your time buying on their website as it is risky. Since you are new here I don't think you have read threads in the scam accusation section before about members buying mining hardware on unfamiliar websites where they didn't receive their order, they are a bunch of them and if you want to avoid being a victim I suggest go buy your hardware on trusted sellers and registered retailers.
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will added Influencers and Fudsters, do not you think that Bitcoiner and Bitcoin Maximalist are pretty much the same?
there are claims that Regular and Enthusiast are the same as well, and for me, Regular is more like a Investor, and Enthusiast a more technical guy that follow trends, maybe I am wrong
It's up to you because this is your poll, If I have suggested something that is already in your poll it's because some of your options don't have any description when I have posted my suggestion. Also if you think that being an Enthusiast is about the technical points of cryptocurrencies I think you should edit your description for it as "I read about cryptocurrencies and projects every day" doesn't really help differentiate it from being a regular guy in the crypto industry at least that's how I look at things. |
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I don't think there's a need to have "Bitcoiner", "enthusiast", and "regular". Since, I'd like to think if you are a regular, you're enthusiastic about Bitcoin, which by every definition probably means you are considered a "Bitcoiner" by everyone outside the industry, and visa versa for all of these.
I do agree with your point since I don't see any difference when categorizing yourself in one of the 3 as you can be all of them. If someone can said that he is a "regular" then he probably had reads projects on a daily basis and news about cryptocurrencies which he can be called as an "enthusiast" as well. With that being said @OP I think you have left out some roles that are already existing in the industry and these are: -Bitcoin Maximalist -"Influencers" -Fudsters/Nocoiners (which I doubt that someone will admit to this but obviously we know who they are in the forum) |
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~snip
I HOPE Inner Mongolia DOES ban and shut down existing cryptocurrency mining in their region. Excess electricity generated under the current capacity WILL be wasted, and revenues will fall. Other regions will be happy to allow it, and profit. That's what is happening right now I can't find it again but the article that I have read yesterday is that the miners in Inner Mongolia have prepared to move out from other regions ahead of the ban so they are really flexible when it comes to laws in China. Of course Inner Mongolia's government won't know it but they have missed a good opportunity by maintaining and supporting the crypto miners they have in their region. ~snip
Inner Mongolia just like Hong Kong is another one of those Autonomous regions that has their own government so their decision is most likely independent and not something that can influence the other mainland regions.
They’re not truly Autonomous, read about the Hong Kong protests. The hand of Beijing is everywhere. I don't know if Inner Mongolia and Hong Kong have the same case because from what I have read so far the police of Hong Kong is siding with the mainland government which I think is the main reason why Hong Kong is powerless with their own laws. Inner Mongolia is not in the same situation as Hong Kong. |
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The way I see it is they aren't really that interested in the crypto industry in the first place but they saw that some other companies took the opportunity way ahead of them that is why they shifted their heads on the competition. Companies like Grayscale, CoinShares, and BlockFi are all centered in the investment side of cryptocurrencies and I think it bothers them that they aren't part of it and this is also a threat for them as some of their high risk-tolerant clients might be shifting their money away from their company which may have probably begun that is why they are taking actions now. Huge loss for them not pioneering the crypto industry in terms of investment but it is good news for us that they are also here to take part of.
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I think Juventus will finish the season in second place. AC Milan will very quickly lose their position in the points table. Juventus will score 3 points against Cagliari in today's match. At the moment, Juventus is leading 3-1 with Ronaldo scoring a hat-trick. The AC Milan team will play against Napoli shortly after. The match is very important for Milan. If they do not perform well, they will lose points from this match.
Won't be expecting that to happen quickly, in the next 10 regular games Milan will be having only Napoli, Lazio, and Juventus is standing out and I believe that their match in May 10 will determine on who will be in the 2nd place. Juventus' schedule is also the same in terms of competition so really I would expect them to battle it out in their next time that they will meet together. Milan really has been surprising this season leading the league early without any major upgrades to the team and it is now just showing that their team isn't enough to lead the league but hopefully they won't be dropping down from the top 5 just for them to be in another European competition for next season which I think is there only target right now. |
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Looks like this news is official and only Inner Mongolia is the affected region that is aiming to ban crypto mining. China’s Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on energy-consumption.
The good news I see about this one is Inner Mongolia isn't really the crypto-mining center of China as Shichuan and Xinjiang provinces account to more than 71.7% of the mining hashrate Bitcoin has in the entire world, meanwhile Inner Mongolia only accounts for 7.71%. With regards to it affecting the other regions on giving a ban I don't think it will come to that as Inner Mongolia just like Hong Kong is another one of those Autonomous regions that has their own government so their decision is most likely independent and not something that can influence the other mainland regions. |
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6. LANGUAGE VERSIONS AND SUBTITLES
6.1. All films will be screened in their original languages with Russian subtitles, except for films with dialogues in Russian or Belarusian. If this project will be limited to the Russian and Belarusian language I would suggest that you post it in their local board here in the forum since you are only limiting your project to certain countries which doesn't really apply to all of us. Aside from that your website seems to be missing a lot of information where you mentioned you are composed of "film professionals" yet I can't see any names involving your team as well as the jury you have. For a filmmaker's standpoint they might just see your website as a mode of stealing their work as you aren't giving any information about you, surely you will understand the no one will be interested to take part of your project due to the mysteriousness of your organization. |
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If you are buying these investments via credit on your bank then it will likely be rejected as a lot of banks previously stated that there is a high risk lending money on crypto related investments which I think is the main reason why your bank is rejecting your purchase. Also with regards to Canada banning cryptocurrencies I doubt it will be because of what you are experiencing. From what I know Canada even had the first recorded Bitcoin ETF which for a country who has negative views with the cryptocurrencies won't even happen. This problem of yours is only limited to the bank's decision and it doesn't involve the legality of Bitcoin in your country. Just look for other banks that allows loans related to crypto investments.
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I really though the GPU for mining issue would be solved by the recent halving making it unprofitable for GPU mining yet the issue still stands maybe because the new 3000 series makes it possible for them to go higher than breaking even. We won't really have a solution for scalping here as well as there are too many parties involve in it from the manufacturers down to retailers people who already have influence can go directly to them and get all their stocks I know it is pretty crazy that I thought it would only be in fashion industry like shoes but scalping has reached even on gaming because of the new demand it had created outside of the purpose of gaming which is mining out cryptocurrencies and it made true gamers mad because of it.
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Let's not be worried about them at all because even before MicroStrategy have been buying large quantities of Bitcoin there have been whales that have existed long before them and they have been controlling Bitcoin's price action right from the start and from what I know whales and even Bitcoin mining farms have been hodling larger quantities of Bitcoin as compared to what they have. If MicroStrategy will become one of the whales then they will just be doing the same action as what the whales are doing now, Bitcoin won't really be in a position where something has change as it will always be subject to volatility.
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Learning how to trade will be different for everyone and that is why I disagree with you on this matter. Yeah you are right people might be more confident when it comes to dummy trading but I can say the same thing for live trading with low money as well, since they will be trading let say 1$ as your example he/she will still have that confidence that if his/her trade goes wrong he/she will only be losing 1$ which is the same thing as dummy trading. Our emotional quotient is really important when it comes to trading but I don't like the idea of going out there and start testing your trading plan without any kind of knowledge whatsoever that is why trying out on a dummy trade is good if you don't have the money you can afford to lose.
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You know why both Apple and Android app stores removed all of the apps related to on-device mining? It's because mining cryptocurrencies on your phone it harmful to it as well as not being profitable to any users even on the people that has a top of the line model. Mining cryptocurrencies aren't really intended for the hardware of your phone that when it does it's operation your phone's longevity will be affected primarily your battery because of the heat it generates on the process of mining crypto. Besides that there are also crypto mining apps that have been discovered to be a trojan horse for malware and also operations of unintended mining a.k.a. cryptojacking where the scammer is the one who is earning the crypto without your permission. You won't really gain anything from mining with your mobile phone as you won't earn anything and just reduce the lifespan of your phone so it's really not recommended to do so. |
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Why can merit decrease ?, and who can take away?
Someone took one from me.
No such thing happens and what theymos said before on the announcement of the merit system still applies. There is currently no such thing as a "demerit". I'm hoping that the positive merits alone will be fine. I could add demerits pretty easily later on if necessary, though.
Merits you gained even on deleted posts and received from banned members doesn't even remove the merit you earned from that post and from that member, you probably thought you have this number of merits when in fact you only have that number of merits which had happened to me before. |
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