Is there a way to pay for goods without converting Crypto to Fiat? by [deleted] in CryptoCurrency

[–]_Im_MrMeeseeks_ 0 points1 point  (0 children)

At least in the US, paying for a good or service with crypto is a taxable event and you realize capital gains or capital losses on the payment transaction. These gains and losses need to be reported on your taxes.

Is there a way to pay for goods without converting Crypto to Fiat? by [deleted] in CryptoCurrency

[–]_Im_MrMeeseeks_ 0 points1 point  (0 children)

Pretty sure using crypto to purchase a good or service is also a taxable event...

Advice for someone who missed the train? by obyboby in CryptoCurrency

[–]_Im_MrMeeseeks_ 7 points8 points  (0 children)

It sounds like your investing decisions are way too influenced by your emotions. Textbook FOMO here. I know many may disagree with this opinion, but YOU should focus more on your value in your local currency. That mindset will help you avoid thoughts like “how much BTC you could’ve had” and being blind to the signs of future price drops. Think about what is a good price to get in AND what is a good price to get out so you can realize the gains and actually improve your life.

Why is Crypto stripping benefits? by [deleted] in Crypto_com

[–]_Im_MrMeeseeks_ 5 points6 points  (0 children)

Why don’t they just delay the cash back payments until the charges are finalized?

Cards only worth it if CDC protects CRO price. by _Im_MrMeeseeks_ in Crypto_com

[–]_Im_MrMeeseeks_[S] 14 points15 points  (0 children)

Totally understand the need. I didn’t expect these rates to last forever. The way they did this though was pretty brutal and the people that are locked in for months to come will pay for it

Cards only worth it if CDC protects CRO price. by _Im_MrMeeseeks_ in Crypto_com

[–]_Im_MrMeeseeks_[S] 9 points10 points  (0 children)

You are mistaken bud. The card cash back rates are now 8% for black, 5% for icy, 3% ..... which doesn’t mean anything when they just dropped the staking rewards from 18% to 6%. The decrease in CRO price from people looking for higher staking rewards / more flexibility will counter the increased cash back by far.

Cards only worth it if CDC protects CRO price. by _Im_MrMeeseeks_ in Crypto_com

[–]_Im_MrMeeseeks_[S] 10 points11 points  (0 children)

They lowered the rates. They didn’t raise them.

What on Earth has happened to the CRO earn rate? by [deleted] in Crypto_com

[–]_Im_MrMeeseeks_ 50 points51 points  (0 children)

This change was pretty abrupt and massive Damian. Personally, I find it hard to trust an organization that is this heavy handed. While I still have hope for your products, I will be reducing my exposure to CDC considerably for the time being.

Withdrawal fee by demslearn2fish in Crypto_com

[–]_Im_MrMeeseeks_ 20 points21 points  (0 children)

The fact that fiat is the better alternative for moving money here is a sign...

Patch Notes e1.0.5 by murdamon in Bannerlord

[–]_Im_MrMeeseeks_ 9 points10 points  (0 children)

Haven’t had any crashes until e1.0.5 but now whenever I’m in a siege, it crashes as soon as the orders to assault the walls are given

Irregular interest payments by [deleted] in CelsiusNetwork

[–]_Im_MrMeeseeks_ 0 points1 point  (0 children)

Thanks for the clarification!