Kripto.hr
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Activity: 350
Merit: 100
Revolutionising Marketing and Loyalty
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October 24, 2017, 08:07:32 PM |
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Nice rise today... Really nice, but we are still far away from Golem market cap  |
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MiBambino
Sr. Member
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Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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October 24, 2017, 08:23:34 PM |
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Nice rise today... Really nice, but we are still far away from Golem market cap which is a miracle in itself. No offense to golem, it's a good project with good potential, but Sonm is honestly a few miles ahead. It won't be long until sonm surpasses Golem in terms of marketcap and coin value |
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BTCMILLIONAIRE
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October 24, 2017, 10:23:45 PM |
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Nice rise today... Really nice, but we are still far away from Golem market cap Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time. |
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FruitsBasket
Legendary
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Activity: 1232
Merit: 1017
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October 24, 2017, 10:26:03 PM |
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Nice rise today... Really nice, but we are still far away from Golem market cap Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time. When the MVP software update will come in december or january next year, we will see a big climb in price. We will see 1$ level at that time. After the upcoming fork we will see a small pump in sonm, however btc will retrace to 5k level. |
fck@dt-alwayzz_newbz
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BTCMILLIONAIRE
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October 24, 2017, 10:28:21 PM |
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Nice rise today... Really nice, but we are still far away from Golem market cap Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time. When the MVP software update will come in december or january next year, we will see a big climb in price. We will see 1$ level at that time. After the upcoming fork we will see a small pump in sonm, however btc will retrace to 5k level. $1 seems pretty easy indeed. I've actually been wondering about whether or not it's possible to go higher, since Golem went to the equivalent of like $1.30 at a time where the crypto market was significantly smaller. So perhaps SONM could go even higher due to the much larger crypto market. |
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andreibi
Legendary
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Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
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October 25, 2017, 07:05:48 AM |
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Correct. $1 is the target for SONM. A proven almost finished minimum viable product will clearly send SNM to the moon. The prices now are just inidcative of the ebb and flow of crypto traders who jumps to every volatility regardless of the coin.
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abdulaziz07
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October 25, 2017, 07:26:46 AM |
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Nice rise today... Really nice, but we are still far away from Golem market cap Golem is way ahead of SONM and cant be compare as of now Supply wise, SONM having upper hand |
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DXB2017
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October 25, 2017, 07:28:00 AM |
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Yeah its fucking big money they can reliese 10 gnt or sonm prijects with that noney if they are real and work and not only travel and promote air 🤷🏻♂️😜 |
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minorman
Legendary
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Activity: 945
Merit: 1003
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October 25, 2017, 07:51:28 AM |
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Out of the 820K ETH, half or more than half has been converted into fiat by the team.But still, they have a huge amount of money+GNT tokens, which is way more than SONM team/investors hold. |
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LegendX
Member
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Activity: 247
Merit: 10
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October 25, 2017, 08:00:27 AM |
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Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary
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jtalk
Legendary
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Activity: 1610
Merit: 1004
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October 25, 2017, 08:35:09 AM |
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Last night had chance to read the blog post about their visit and experience they got by participating in Barcelona. Though many things were not fully clearly told but between the words there are some positive hints. It won't be wise to see things in short term because project is trying to cover big piece of pie as share in computing services providers space. I am all long on SONM now.
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AlloM
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October 25, 2017, 08:53:36 AM |
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Correct. $1 is the target for SONM. A proven almost finished minimum viable product will clearly send SNM to the moon. The prices now are just inidcative of the ebb and flow of crypto traders who jumps to every volatility regardless of the coin.
$1 is the test price for this project I think this kind of result will make satisfied the all investors who are in for long term. Let us see when this milestone will be achieved recent progress is looking truly awesome. |
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szzc895l
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October 25, 2017, 08:58:19 AM |
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Last night had chance to read the blog post about their visit and experience they got by participating in Barcelona. Though many things were not fully clearly told but between the words there are some positive hints. It won't be wise to see things in short term because project is trying to cover big piece of pie as share in computing services providers space. I am all long on SONM now.
The main thing is that they have a few things in the early stage, which leads people to distrust many things, and they only have to take practical actions to develop the project so that some people can shut up.After all, SONM's plan is unique now. |
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FruitsBasket
Legendary
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Activity: 1232
Merit: 1017
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October 25, 2017, 09:07:51 AM |
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Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary
SONM is a good project, don't follow pump and dumps, look at the team, the community support and the progress. Make sure you understand what the project is about and you have read available documentation, blog, news... Then make your own educated judgement. You sound like you are holding a big bag of SONM  I did my own reserach and my conclusion is that SONM is way undervalued at this moment. When they release their testnet software in december/january I am going to be a happy investor and laugh at all the weak hands that sold for 0.03€-0.10€ per sonm. |
fck@dt-alwayzz_newbz
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BTCMILLIONAIRE
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October 25, 2017, 10:15:51 AM |
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Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary
No, because it triggers tax and I want to be able to actually use the profits that I make from crypto some day. Tax rates are usually significantly lower after a one year holding period and if you hold you don't have to pay taxes until you sell. This includes trading alts for Bitcoin or vice versa. |
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system_shock
Newbie
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Activity: 31
Merit: 0
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October 25, 2017, 10:19:49 AM |
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Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary
No, because it triggers tax and I want to be able to actually use the profits that I make from crypto some day. Tax rates are usually significantly lower after a one year holding period and if you hold you don't have to pay taxes until you sell. This includes trading alts for Bitcoin or vice versa. Would it only trigger tax if you withdrew the money in to your bank or even if you were to let the funds (fiat or otherwise) sit on the exchange? |
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baby222
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October 25, 2017, 10:28:31 AM |
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Companies that rent out computing power through the cloud need to comply with stringent laws due to privacy and security.
Through the marketplace of SONM ordinary people with idle devices can sell their computing power.
However, what will be the incentive of companies to trust the source of computing power over already existing companies who comply with laws? Is there more than a financial incentive alone?
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BTCMILLIONAIRE
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October 25, 2017, 10:57:29 AM |
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Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary
No, because it triggers tax and I want to be able to actually use the profits that I make from crypto some day. Tax rates are usually significantly lower after a one year holding period and if you hold you don't have to pay taxes until you sell. This includes trading alts for Bitcoin or vice versa. Would it only trigger tax if you withdrew the money in to your bank or even if you were to let the funds (fiat or otherwise) sit on the exchange? It triggers tax immediately when you trade, no matter if you keep your BTC, alt or cash in an exchange. Of course, nobody will be able to tell that you've sold alts for Bitcoin or the other way around if you're on an exchange without KYC. But if you end up having to prove your trades for tax filings later on, you'll have a gaping hole in your data that will trigger massive fines at best and legal prosecution for tax evasion at worst. Most people ignore this, so the very few who are smart enough to make large profits will find a lot of people who will find themselves out of luck due to their lack of foresight when it comes to taxation. Crypto profits are useless if you can't use them to buy Lambos or houses without going to jail. |
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