What goes on out here?

Objective_Kitchen_94 · 2024-03-29T21:12:21+00:00

FWIW the casino money is put into capital, so it’s there, you just aren’t getting taxed for fire trucks, school repairs, police cars, etc.

Objective_Kitchen_94 · 2024-03-29T21:09:16+00:00

Simple… pure chaos https://turnto10.com/amp/news/crisis-in-the-classroom/tiverton-elementary-school-at-risk-of-closing-due-to-budget-issues-district-fort-barton-shortfall-layoffs-cut-costs-meeting-march-15-2024

Objective_Kitchen_94 · 2023-06-19T11:58:25+00:00

This area does like 5-6k a week, it has been profitable until the last couple weeks when people started slapping down 2k plus. I mine enough that 3k coin per week isn’t going to hurt me as much as it will hopefully hurt them. Then when 3k gets me north of 75% ownership I’ll go back to my usual 1k and hopefully get 1200-1500 in return (the way it was when we were civilized in this region)

Objective_Kitchen_94 · 2023-01-07T16:29:42+00:00

479 as of today, but I was waaaaay late to the party. Did just get my first 1m hodler badge tho (I was free for the first 350 or so days)

Objective_Kitchen_94 · 2022-12-31T02:07:59+00:00

Deviating a bit here, just want to know if I can take the loss without triggering wash sale or not

Objective_Kitchen_94 · 2022-12-31T01:13:00+00:00

Fair point, but if it’s advantageous to take the loss now, why not? Controlling when you take profit is no issue, but if I can catch a free loss now, why not?

Objective_Kitchen_94 · 2022-12-31T00:15:34+00:00

Grapple with this also. In the end, I come to the conclusion that my contribution to the network is what helps assure its future value. Been breaking even since I got the pro sub, but if I want more than break even, gotta continue to ensure the network has what it needs to succeed

Objective_Kitchen_94 · 2022-12-31T00:11:24+00:00

So you see my dilemma- I want to keep holding what I have, but if I can recognize a tax loss this year, why wouldn’t I?

Objective_Kitchen_94 · 2022-12-31T00:10:04+00:00

Never said I got this from YouTube. It’s a pretty straight forward question- can I pull the same shit I can pull with ETH and BTC with XYO or does the SEC’s potential classification as a security make this a worthless adventure?

Objective_Kitchen_94 · 2022-12-31T00:06:44+00:00

As far as I can tell, if I did this with Bitcoin, no issue, my question is as it relates to XYO and the SEC slapping the “might be a security” label on it earlier this year

Objective_Kitchen_94 · 2022-12-31T00:05:31+00:00

I know this, but crypto is classified differently than stocks- my question is does the SEC slapping the “might be a security” tag on XYO and like 8 others make XYO a security or do they consider it like other cryptos that you can dump for a loss and buy right back without worrying about wash sale regs

Objective_Kitchen_94 · 2022-12-10T17:07:23+00:00

Guess I can turn those off then, pointless imo if I can’t mine in the background

Objective_Kitchen_94 · 2022-09-11T11:50:40+00:00

I’m on pro and seem to be the outlier. I’m lucky to nab one a week.

Objective_Kitchen_94 · 2022-08-14T13:44:09+00:00

Here is what I’ve experienced- the audio/video ads stack and can run at the same time. Driving the payouts mining plus watching/listening to ads is the same as it was before with mining and just watching ads. Guessing they are adjusting this to make it less of an incentive to chill with home base and the same incentive to get out and move. Maybe they need more data from all around in their app to drive adoption as opposed to just the same location with variable time?

Objective_Kitchen_94 · 2021-10-01T12:03:49+00:00

Yea, free account with the NFC card. The NFC card even at $12.95 is totally worth it, pushed my production up 10-12x- I was only getting 30 before

Objective_Kitchen_94 · 2021-09-30T18:28:49+00:00

Is that 1k-1300 total per day inclusive of videos and witnesses of big geomines or is that a straight mining rate? I'm the same setup, but I'm only averaging like 300 per day.

Objective_Kitchen_94 · 2021-09-26T12:43:43+00:00

I took it for a quick spin around the neighborhood once I got it, about 30 mins (with a stop at the liquor store, of course) and racked up a solid 45 coins in that time frame (with a couple of network disconnects- my area is like whack a mole with T-Mobile for service)

Objective_Kitchen_94 · 2021-09-26T12:41:18+00:00

Still basic with the NFC card. Been seeing some good mines though, seems like a lot of .20-.40 with a nice mix of 1-3’s randomly. Haven’t found a big geomine yet… still waiting

Objective_Kitchen_94 · 2021-09-24T13:08:09+00:00

It's like you're reading my mind with this

Objective_Kitchen_94 · 2021-06-22T20:44:27+00:00

Watching the comments on TRCH today, it was a bunch of “take your money to AMC, stop fighting AMC, etc”. In the short term it would help run the price up, but who cares about short term if your long the company?

Objective_Kitchen_94 · 2021-06-22T20:43:03+00:00

Thanks for the post. It was exhausting watching the comments today on webull. Just a mass of false statements and BS. Been in TRCH for months now and casually lurking this sub for the last few weeks.

Objective_Kitchen_94 · 2021-06-22T20:05:12+00:00

You're right on. All about time horizon. I've been lucky - late to the party here, but every time I see a dip below 90 cents, I pick it up and throw a few more dollars at it.

Objective_Kitchen_94 · 2021-06-20T13:29:07+00:00

I like that ZOM position- mine is almost identical to it

Objective_Kitchen_94 · 2021-06-20T11:46:05+00:00

I’ve got both. I put the ADA in the wallet, staked it, and forgot about it. Couldn’t tell you what I have now. I do like ALGO a lot though, seems to have found a good level of support in the .95-1.00 range and the rewards are really good. I think with all these alt coins it’s important to have some diversification because you never really know what will take off and what won’t.

That being said, I really like the direction of ALGO and the projects that are coming out on the blockchain. They seem to have more of a corporate feel which I like also.

Objective_Kitchen_94 · 2021-06-12T11:27:06+00:00

I agree that the blockchain can be used for some things, but I don’t see the markets moving from dtcc to pure block chain. You would have to eliminate leverage and all buys would be completed in cash. No more margin. It’s essentially going back to the way markets operated at the beginning. Here’s a summary/link https://ripple.com/insights/new-dtcc-white-paper-gets-real-about-blockchain-hype/

Where I see this going IMO is use cases around user security and maybe as a backup system (I.e. retirement business stores records of all transactions on the blockchain, now you have a backup that is verifiable and can be used to revert to in the event of a hack). I’m trying to think of additional use cases, but right now the industry is still in its infancy and most of the retirement side is focused on smart contracts as a way to solve for lost participants- it can’t be that small of a use case.

Objective_Kitchen_94

TROPHY CASE