bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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August 20, 2020, 08:23:44 PM |
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And nowadays you'd have to declare everything, and pay nothing if no gains have been made.
Yup, blockchain says the coins transferred from address A to address B at a certain time. Then it shows coins transferring from address B to an exchange deposit address in the same day (or same hour). No gains, no losses. And I had a boating accident, dropped my gold over the sea. Funny thing is that you are suppossed to declare any "boating accident" in which an economical loss have been incurred and you need to do it in the tax year it happened... at least in some countries, probably most.
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Biodom
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Activity: 3906
Merit: 4379
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August 20, 2020, 09:16:16 PM |
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Regardless of Kraken's limits I don't think that your bank would be entirely happy to receive millions if your usual account size, is, say 10K or less.
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d_eddie
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Activity: 2646
Merit: 3535
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Accidents at sea let's make up a new story before they ban boats
#haiku
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xhomerx10
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Activity: 3990
Merit: 8761
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August 20, 2020, 11:16:11 PM Last edit: August 21, 2020, 12:05:28 AM by xhomerx10 |
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Pretty cissy to go round poisoning people. Plenty of other more manly ways of causing your enemies months of pain before death.
Such as talking them into purchasing Bitcoin? edit: Don't get me wrong; I'm a huge fan.
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d_eddie
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Activity: 2646
Merit: 3535
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I took this a few years back when the new World Trade Center was being built it is on the right.. I was driving in my card held the camera and clicked off 9 shots I got the one I wanted showing the sun lined up quite nicely. I have this on my Mac rumors account without the hat. +1 WOsMerit to xhomerx10 for relentless hattery. I couldn't WOsMerit outside the WO they said? Well whatever, I'm scared out there anyway. And +1 WOsMerit to philipma as a welcome to the hats. I won't even begin WOsMeriting V8. Need to keep WOsMerit inflation responsible.
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Toxic2040
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Activity: 1792
Merit: 4141
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#stronghands
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yefi
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Activity: 2842
Merit: 1511
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August 21, 2020, 01:28:32 AM |
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Shit is getting out of hand. Was just about to post this.
It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture.
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cAPSLOCK
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Activity: 3794
Merit: 5229
Maybe the Mars is the future!
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August 21, 2020, 01:42:41 AM |
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Shit is getting out of hand. Was just about to post this.
It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture. It's actually good(bad) for ETH. Good as it is validating it, bad as it is going to add so much more to the centralization of it. I seriously wonder why they don't use Liquid USDT. SUCH a better design.
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Hueristic
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Activity: 3962
Merit: 5384
Doomed to see the future and unable to prevent it
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August 21, 2020, 05:00:44 AM |
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Shit is getting out of hand. Was just about to post this.
It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture. It's actually good(bad) for ETH. Good as it is validating it, bad as it is going to add so much more to the centralization of it. I seriously wonder why they don't use Liquid USDT. SUCH a better design. Not centralized enough.
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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Shit is getting out of hand. Was just about to post this.
It's a chain swap as JL0 pointed out, so no new tether were effectively minted. They're just rearranging their furniture deck chairs. ^^^ FTFY
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aesma
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Regardless of Kraken's limits I don't think that your bank would be entirely happy to receive millions if your usual account size, is, say 10K or less. Call them at least before ! Then depending on the bank they might close your account, or invite you to try this 50 old liquor with a cigar...
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Phil_S
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Activity: 2110
Merit: 1537
We choose to go to the moon
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August 21, 2020, 07:03:02 AM Merited by JayJuanGee (1) |
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'2x per year' lines update (vs 7-day average):
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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August 21, 2020, 07:33:13 AM Merited by JayJuanGee (1) |
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https://medium.com/@JimmyMow/announcing-cashback-by-strike-cce2829bc152Today, when you swipe your credit card, merchants pay, and it’s not cheap either. Popular credit card companies such as Mastercard, charge anywhere from 1.29% + $0.05 to 2.64% + $0.10 per transaction. Many businesses, mostly small businesses or those in underprivileged industries like cannabis, are charged much more. For example, online payment processing giant Stripe charges 2.9% + $0.30 per transaction and in industries like cannabis, payment processors charge upwards of 10% at times. Not cheap. https://bitcoinmagazine.com/articles/strike-announces-cash-back-letting-merchants-pass-on-lighting-networks-no-fee-benefits“It’s a win-win really,” Tom Kirkpatrick, a software engineer with Zap, told Bitcoin Magazine. “Our partnered merchants now have a way to directly incentivize users to pay in bitcoin, and the users don’t even need to know that they are in fact paying in bitcoin because in Strike, that complexity is hidden from them.” eg ... 5 percent cash back with bitcoin-only apparel store BitcoinShirt.co. put that in your amazonian pipe and smoke it
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Globb0
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Activity: 2702
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Free spirit
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August 21, 2020, 07:38:06 AM |
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How did you know I got it from Amazon?
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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August 21, 2020, 07:40:42 AM |
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How did you know I got it from Amazon?
lol that's the thing though, these mega corps know everything about you. especially you no chance of USG busting them up and fucking them off, so we do it ourselves
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ivomm
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Activity: 1887
Merit: 3079
All good things to those who wait
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August 21, 2020, 08:31:57 AM Last edit: August 21, 2020, 08:45:17 AM by ivomm |
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'2x per year' lines update (vs 7-day average): This has been my №1 chart since you've posted it first here. We may notice that the lower line corresponds to a 2x price increase per year if we round the price to 50$ at the start of 2013. That is an exponential growth 50x2^t, where t is the number of years since 2014. The remarkable thing is that for 7 years Bitcoin has kept hitting these numbers on the way down after several extra exponential growths related to the halvings. And now Bitcoin is even above the line unlike 2015 and most of 2016. This is a strong sign that the exponential growth will continue at least in the next 2-3 years. We can't be sure if 2021 will have that extra growth, but the longer we stay close to the lower line, the better. Sooner or later Bitcoin will touch and may pass through the upper line for a period. With that regard, what software/site do you use for that chart? I would like to make my own chart with years up to 2025. In my opinion the lower line is very close to the real price of bitcoin, since it reflects the increasing demand (new accounts added to exchanges, etc.) vs selling pressure on exchanges. For the latter one can judge from the total exchange ballance, which has decreased from 2.8 mil to 2.4 mil in the last 6 months. We can easily find the line equation for each year so that for each day or month the price point is found. Something like y=(x/3)*1600+6400. For example at the end of August (x=8), the price for the bottom line is y~$10 666. We are over 10% above that, so all is good!
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El duderino_
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BTC + Crossfit, living life.
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August 21, 2020, 08:57:02 AM |
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Lucius
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Merit: 6103
Crypto Swap Exchange🈺
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August 21, 2020, 10:34:13 AM |
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But, hey, considering BTC price bottoms, you had seen that PlanB tweet from yesterday about the 200Weekly Moving average? Dude posted it, below. Can't we have some assurance that the bottom is in (or at least the bottom keeps moving up)? So, in other words, maybe we can feel a certain level of confidence that BTC prices are not going below $6,400... so even $3k or sub $200 is even more out of the question - into the rearview mirror... and with the passage of time, we can start to feel even more confidence regarding even higher and higher bottom BTC prices... because the bottom keeps moving up with the 200 week moving average, no? Here's the chart from that PlanB tweet: The bottom is something that is very slippery terrain for BTC, I think it would be pretty frivolous to say that we will never go below $6400 again, because just a few months ago this is exactly what happened. Of course, the x factor should always be taken into account - and in the last case it was the declaration of a pandemic that shook the entire world market - and we know that in the case of anything like that, the price easily goes down and more than 50%. I would still take the price of $4000 as something that BTC can go backwards, but only if something very negative happens (say a big hack of Coinbase or Binance). Yet what interests me more at the moment is the percentage of correction after the next big bull run, because if we were to reach say $100k, is it realistic to expect us to fall to $20k? The past has shown that this is possible, will it be the same this time?
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