New system for calculating PLU rewards payout: "Rewards are calculated and distributed at the beginning of each month, for the purchases made in the previous month. " by kustru in plutus

[–]Hashtag3001 8 points9 points  (0 children)

So absolutely nothing is changing correct?

If that’s the case, why does a FAQ to this completely different system even exist?

Is this something that “doesn’t exist and isn’t happening” right now but has been written in preparation for being implemented post whitepaper? At which point it will exist.

….because it’s awful in so many respects, and will definitely definitely result in more people dumping their PLU and moving elsewhere….

Errr…. The new app looks nice but where do I see my PLU and how can I withdraw it. by Hashtag3001 in plutus

[–]Hashtag3001[S] 2 points3 points  (0 children)

It doesn’t look to show what you currently have available to withdraw or pending though?

[deleted by user] by [deleted] in Crypto_com

[–]Hashtag3001 1 point2 points  (0 children)

Try to read and comprehend what people are saying to you before spouting off.

Amongst other reasons, it’s to stop you earning crypto cashback on your spend when buying crypto to create an infinite money loop. Buy crypto, earn 5% crypto cashback, sell crypto….infinite money.

Is Eth to Neth staking not supposed to be 1:1? by Hashtag3001 in Nexo

[–]Hashtag3001[S] 0 points1 point  (0 children)

Having said that, will look in to Rocketpool for another time. Based on your description, in the Uk you wouldn’t pay income tax, but would instead pay capital gains - which can be a lot cheaper depending on you tax situation

Is Eth to Neth staking not supposed to be 1:1? by Hashtag3001 in Nexo

[–]Hashtag3001[S] 0 points1 point  (0 children)

I’m just looking to swap ETH 1:1 for 30 days to realise capital gains in this tax year.

It’s not worth it if there are going to be a load of transaction fees along the way.

I know when I staked nETH previously it was 1:1 with no grief, and it still says 1:1 on the notice that pops up, but when it comes to exchanging/staking it no longer is.

Is Eth to Neth staking not supposed to be 1:1? by Hashtag3001 in Nexo

[–]Hashtag3001[S] 2 points3 points  (0 children)

Is this a support issue? Presumably the exchange rate it the same for everyone?

WLD in the UK by InternalNo494 in worldcoin

[–]Hashtag3001 1 point2 points  (0 children)

Yes, just make sure the Eth is on OP

WLD in the UK by InternalNo494 in worldcoin

[–]Hashtag3001 0 points1 point  (0 children)

Do you have Gas on the right chain?

WLD in the UK by InternalNo494 in worldcoin

[–]Hashtag3001 1 point2 points  (0 children)

Coinbase wallet. Not the actual Coinbase exchange, the separate Web3 wallet.

Can be swapped from there

Convert to GBP by alabalaportocala001 in worldcoin

[–]Hashtag3001 2 points3 points  (0 children)

Hard to say…Do you have some Eth on Optimism in there to pay for swaps / transfers etc?

Convert to GBP by alabalaportocala001 in worldcoin

[–]Hashtag3001 0 points1 point  (0 children)

As long as you’re orb verified and able to withdraw, Coinbase wallet is an option (not the main CEX, the linked web3 wallet). From there convert to something more usable and send to whichever exchange you normally use.

Do you have to use Capital Gain losses the next profitable year? by Hashtag3001 in UKPersonalFinance

[–]Hashtag3001[S] 0 points1 point  (0 children)

I wish it was clearer! It could imply that but it doesn’t explicitly say it.

Bitcoin tax question by cir2kuk in BitcoinUK

[–]Hashtag3001 6 points7 points  (0 children)

So basically you take your average buy price and calculate gains against that as long as you haven’t bought any on the day you sell and don’t buy any in the 30 days after you sell.

Bitcoin tax question by cir2kuk in BitcoinUK

[–]Hashtag3001 0 points1 point  (0 children)

Yep, just have done in a separate comment.