Grin is hanging on by its fingernails. Either it bottoms, bounces and pumps or it dives into the abyss. The more support is tested, the weaker it gets. If she doesn’t go up soon, she’s cooked.
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Yeah no big problem, I can pickup a new language and build a new life for myself in just a week or two. Thanks buddy, what was I thinking That’s pussyfoot talk. If you aren’t agile, you are a sitting duck.
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Making the CGT rate the same as the top marginal rate is just stupid.
People claiming CGT by definition (a) are retail punters, (b) do not claim investment losses.
If you make the CGT rate the same as the top marginal rate, no one will claim CGT and everyone will just classify it as trading income, making their investment losses deductible.
Retail investors are dumb as a stick, therefore they lose more than they put in.
If retail suddenly start deducting 100% of their tax losses, this would result in a net tax expenditure.
Putting the CGT threshold up would reduce government tax revenue in net terms, accordingly will never happen
Tell Joe he is dreaming
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Weeeeee
Is this going to be the final, savage dip before the beautiful new bull?
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Morning Mic, trust you are not hungover?
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The list of reasons to hold bitcoin keeps growing:
Imagine five years ago if in one solitary week the president of the United States of America - Referred to himself as 'the chosen one' 'Hereby' ordered all American companies to leave China just like that. Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen. Truly, we are living in v strange times. But Obama ordered a hamburger with Dijon mustard https://youtu.be/cAvq12Sa3VESo that makes it even
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so. KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman. The tax man may not be able to track your transactions today. But it is a public blockchain and records are there forever. The tax man will eventually figure it out.
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Best buy indicator. incoming pump Sentiment indicators are notoriously unhelpful. But that result is hilarious. I have never seen it that low. I think it hit 6 during the December 2018 bottom. This is pathetically easy to countertrade.
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If $9,XXX is the valley of death, Nirvana is going to be quite the show
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We are currently passing through the final valley of death on the 2015 fractal. If the fractal holds, we should be turning bullish within the next month. Please take your places on the train. We will be departing the station shortly.
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Bears getting a shave atm
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Stay safe and don’t play with matches
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Interesting - the US savings rate has doubled since the financial crisis. There's another side effect of low or even negative rates, which is that economists are starting to believe they have the unintended consequence of boosting savings rates as consumers sock away even more of their earnings to make up for lost interest income.
At a recent 8.1 per cent, the personal savings rate in the US is double what it was heading into the financial crisis, when the target federal funds rate was 5.25 per cent. That can also be seen in the amount of excess liquidity at US banks, defined as deposits minus loans, which Fed data show has surged to $US3 trillion from about $US250 billion in 2008. https://www.afr.com/companies/financial-services/the-last-thing-banks-need-is-low-rates-20190820-p52ixq
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Brain Force PlusTook this product and still believe what Alex Jones says on the air. I thought this was supposed to make me smart? Hahahhaahah. Now I have this shit in my Amazon browse history. Fuck.
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