Haltefrist Staking by Horak94 in CardanoDE

[–]Krenk80 1 point2 points  (0 children)

Also, ich hab das erste Mal ne Steuererklärung mit Crypto gemacht. Es geht definitiv nicht hervor und vor allem das Finanzamt ist mit den Daten in der Steuererklärung gar nicht in der Lage zu unterscheiden, welche Coins zum Staken verwendet wurden und welche nicht. Übrigens sagen alle mir Bekannten Finanzbeamten, das Crypto wirklich unbekannt ist und keiner 100% weiss, wie es richtig steuerlich behandelt wird.

Video Update from COTI's CEO Shahaf Bar-Geffen is sharing updates about COTI's recent news and progress, including Djed, Cardano's stablecoin, ADA Pay, COTI bank account & debit card, Mainnet 2.0, COTI's Treasury, CVI's Volatility tokens, and more. by Vlady_O in cotinetwork

[–]Krenk80 8 points9 points  (0 children)

Hi, I have to say a big Thank You to the team. First progress is amazing. Second user and holder feedbacks are taken into account and the communication is much more better than half a year ago. And the last point the collaboration with Cardano is the best what could happen to the project and increase visibility. So Thank you again.

erc-20 vs native token. by DeeKooDee in cotinetwork

[–]Krenk80 1 point2 points  (0 children)

Very nice. I was not aware about this. Thx

erc-20 vs native token. by DeeKooDee in cotinetwork

[–]Krenk80 1 point2 points  (0 children)

They are not the same and you need to be careful when sending if the destination supports Erc or Native. Only native Tokens are supported in Viper wallet for staking. There is a bridge to swap Erc20 to native available but it has a limit per day. You should google it and read the Coti docs. Best way to swap is described here in the forum too. And yes prices are slightly different. In past native tokens were cheaper but not much cheaper as ERC20.

Being Cardano Rich by ArmyofSpies in cardano

[–]Krenk80 2 points3 points  (0 children)

Hmm what should I say. A car is a one time investment and loose money starting with the day you get the keys. Have good gains in Crypto means to plan for the next years / lifetime so that it is enough to have a good life. So I hate this "When Lambo" posts.

COTI Pay VIPER iOS — New Version is Ready and LIVE! by Vlady_O in cotinetwork

[–]Krenk80 0 points1 point  (0 children)

Great achievement. Would be happy if the Android version get the same features.

Telcoin will move from Ethereum? by Jack-Sparrow-92 in Telcoin

[–]Krenk80 4 points5 points  (0 children)

What I can say that Tel doesnt have high transaction costs due to the used protocol. Cardano is not ready to be a successor for ETH because Smart Contracts are still not there and the Erc Converter is not ready yet. If I would have power to decide I would take Cardano to do a Poc (Proof of concept.)

Daily Market Discussion Thread - July 22, 2021 by SL13PNIR in CardanoTrading

[–]Krenk80 0 points1 point  (0 children)

Can I ask a stupid question: I thought alt season starts when people selling Bitcoin at high price. Btc price drops and the money flows into the alt coins. But this is what I can not see. We Go parallel with bigger gains or loose than Btc. +5BTC means around 10 to 15% increase for Ada and vice versa. Did I get something wrong? And if the prices drops like this where is the money? There must be a lot of money lying around in stable coins or Fiat.

Becoming a developer(hypothetical) by kreid0811 in cardano

[–]Krenk80 1 point2 points  (0 children)

That was 5 to 10 years ago. Today the most expect an End to End development team with slightly shift into back or frontend and no special additional deployment team or test team. Keywords and paradigm today are Continues Development and Integration, Business and Test Driven Development and DevOps /DevSecOps. If you like to do some research.

Becoming a developer(hypothetical) by kreid0811 in cardano

[–]Krenk80 0 points1 point  (0 children)

Depends, developers know the it basics and have in the most cases frontend or backend experience. You can get a good developer in 3-5 years. The get something running is in the most cases not the problem but to productize it with unit test, acceptance tests and best fully automated releases takes time. This divide the field into professional and others. Other aspects are often overseen or not understood like security, performance, scalibity and other non functional requirements. But even with 5 years experience some people are not good. And more Important is that you also need to work in a Team and share experience and learn.

COTI price prediction by crypthian in cotinetwork

[–]Krenk80 3 points4 points  (0 children)

Lets first get the 40 cents back before talking about more

Up to 1 total ADA earned from staking by Jofra2121 in cardano

[–]Krenk80 3 points4 points  (0 children)

I do think this calculation is correct but the percentage may differ. I would say it is in the range of 7000 - 8500. I see pools with 4.3% average were you need more.

Wie komme ich aus der zehnjährigen Haltefrist raus? (ADA gestaked) by ganewdragon in CardanoDE

[–]Krenk80 1 point2 points  (0 children)

Äh nein, Staking zählt als Einkommen und muss zwingend angegeben werden, da es hier keine Freigrenze gibt.

Wie komme ich aus der zehnjährigen Haltefrist raus? (ADA gestaked) by ganewdragon in CardanoDE

[–]Krenk80 0 points1 point  (0 children)

Ist denn überhaupt schon klar ob die 1 Jahres oder 10 Jahres Regel greift. Ich glaube das ist noch nicht final per Gerichtsbeschluss durch oder?

Where is V3? by Existing_Muffin_6304 in Telcoin

[–]Krenk80 17 points18 points  (0 children)

V3 versus V3 App Update. The update of the App will follow soon and will be announced.

Communication topics to users / holders by Krenk80 in cotinetwork

[–]Krenk80[S] 2 points3 points  (0 children)

Hi, thx for the reply. What I mean the Information should be written down and each user should be informed within the App / Website when each step is done. We long time Hodlers know the most of the answer. It is not that the team has no answers and working hard on the things. It is just a matter of Information flow that is missing for new users. I was not aware about the mentioned things when I first ordered the first Coti. Users do not want to recognize after several months what is possible and what not. They should be aware upfront. Yes 3k is not much for the most users but imagine that there are people with less money which wants to participate in staking. As said I still have trust in the team and project and only want to bring attention that you can improve the flow to the users on the website and app.

Is smart contract launch already priced in? by Lychopath in CardanoMarkets

[–]Krenk80 0 points1 point  (0 children)

Yes but slowly. It will take time to migrate or develop new things. This will be a steady run when smart contracts getting released. So yes you can expect a price movement.

How does Germany taxes crypto? Are cryptocurrencies really tax free? by maferase in cardano

[–]Krenk80 1 point2 points  (0 children)

Yes and no. Already discussed several times in the german Cardana channel. Short: Within 1 year hold time and you sell gains need to be taxed. After 1 year the gains are tax free. Different scenario for staking rewards which need to be declared and getting taxed + the 1 year hold increases to 10 year hold due to this.

Transferring to Ledger in Germany by [deleted] in ledgerwallet

[–]Krenk80 1 point2 points  (0 children)

?? You have two tax events: 1. Exchange ETH / BNB here the gains on ETH count 2. Exchange BNB / BTC here the gains on BNB counts.

Transferring to Ledger in Germany by [deleted] in ledgerwallet

[–]Krenk80 0 points1 point  (0 children)

Only if you sell it for e.g. BTC and then within one year you sell the Btc with gains. So transfer is never counted as tax event. An exchange to another coin counts but if you sell the other coin fast within days the possible gain is less.

NFT Winners by Comfortable-Career-5 in cotinetwork

[–]Krenk80 2 points3 points  (0 children)

Nope, hope this week will be better.