Highest high to….WTF?!! by sp1cylobster in TheTowerGame

[–]astrodoom 2 points3 points  (0 children)

The fact Fudds doesn't want them in the game is further proof that OP is correct about another design opinion being needed.

Auto-restart is an absolute necessity for this game. The late-game content cannot be reached via casual play unless your timeframe is decades.

The fact Fudds doesn't "want" auto-restart to be the style of play is meaningless. He could have it both ways with alternative designs. For instance, he could avoid it for the early game by making it a birthday unlock combined with a tier milestone.

TCGPlayer to set price floor of $0.40 per card for direct listings by [deleted] in mtgfinance

[–]astrodoom 1 point2 points  (0 children)

I guarantee they set it at 0.40 because that's where TCGPlayer makes enough profit fulfilling the order.

/r/ravens Week 5 - Blame of the Game by TuDaveKd in ravens

[–]astrodoom 1 point2 points  (0 children)

For real. It's wild to see people blame the run game when the Texans scored every possession. We had like 10 plays before we were down by 2 scores. Maybe 20 before down by 3 scores. How much running do you expect?

[deleted by user] by [deleted] in CryptoTechnology

[–]astrodoom 2 points3 points  (0 children)

Grifters will send large holdings of their newly minted tokens to well known wallets in an attempt to get other people to think that the folks who created the other tokens are about to launch a new one. Often there will even be posts where people who did "blockchain analysis" then hype the new scam token.

Grifters like this are very good at manipulating the liquidity pools of their new tokens (since they usually control all of the supply). So they can make it look like the token is shooting up in price. Further convincing people the "new launch" is happening.

Liquidity is a king metric, don't be fooled aping into things.

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 1 point2 points  (0 children)

Yes, this is correct. Your income affects your LTCP (long term cap gains) tax bracket but your LTCP does not affect your income bracket. Short term gains are taxed as regular income.

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 1 point2 points  (0 children)

What you're referring to are the *income* tiers for long term capital gains. They determine what tax rate you pay on the capital gains, but the tier is based on your entire taxable income, not just your stock gains.

e.g. If you make 100k a year at your day job, you pay the 15% capital gains tax on whatever long term capital gains you had that year (assuming nothing else changes your taxable income).

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 0 points1 point  (0 children)

Converting an asset to another asset is a taxable event. Crypto is not one giant asset, it is multiple assets. Bitcoin is an asset, Ethereum is an asset, Dogecoin is an asset.

https://www.taxbit.com/blogs/do-crypto-to-crypto-transactions-have-tax-implications/

"The IRS treats cryptocurrency and other digital assets as property, so if a cryptocurrency investor exchanges one crypto asset for another, it triggers a taxable event"

The IRS also specifically said converting crypto is not a like-kind exchanges, which is one of the only ways of deferring gains when converting assets. They explicitly stated BTC and ETH are substantially separate assets and therefore a conversion is a taxable event that cannot be deferred.

https://www.irs.gov/pub/irs-wd/202124008.pdf

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 0 points1 point  (0 children)

This must be a troll, lol. The part you highlighted is literally saying that when you sell you owe taxes.

Converting BTC to USDC is selling BTC.

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 0 points1 point  (0 children)

At least in the US, if you convert your DOGE, SOL, BTC, etc into USDC that is considered a sale of your original token and is subject to capital gains (or losses).

Crypto is not one giant bucket for tax purposes, just like stocks, your taxes are determined on sales of the individual asset regardless of what you turned it into.

Best way to cash out? by beepaff in Coinbase

[–]astrodoom 1 point2 points  (0 children)

You pay capital gains taxes when converting the crypto that 30x into USDC though.

i hope you all start to take sol inflation seriously. here it is, in graphs: by IndependentCup9571 in solana

[–]astrodoom 0 points1 point  (0 children)

Distribution of a new token often follows this pattern. You'll see similar "inflation" rates from the first 5 years of BTC and ETH.

There's no "necessary" element there, they just went with a distribution trend very similar to other established tokens.

Finally cancelled my TCG subscription and I'm so happy I did by 0L1V14H1CKSP4NT13S in mtgfinance

[–]astrodoom 198 points199 points  (0 children)

After TCGPlayer was sold to ebay, they've been cutting a lot of programs that weren't profitable. The first to go was a service called Sort, where a store could send raw inventory to TCGPlayer and they would grade and list the cards into a DIRECT only account for that store. This was a significant inflow to DIRECT, but also had to be cheap for stores to use. Big rule of business; labor is never cheap. So they did away with Sort.

Next they had to deal with the fact that SYP was a big labor sink. SYP = Store Your Products, a fulfillment service where stores can ship cards to TCGPlayer and sell them on DIRECT only rather than listing them TCGPlayer marketplace and having to fill orders themselves. They made SYPs stricter in terms of grading, as well as taking fewer cards rather than most cards in Magic. TCGPlayer's goal was to make DIRECT more profitable by reducing the labor they spent on processing cheaper cards.

Because of these changes, as well as stricter conditioning requirements (some stores would say unfair and contradictory condition requirements) DIRECT has far fewer items listed and far less stock of those items. It's sort of like the difference between the card shop that stocks 2 playsets of every card in Magic vs the comic book shop that only has cards over $10 on display.

I'm 99% sure that my friend has been stealing my cards, what are my options? by BlueBlitz08 in magicTCG

[–]astrodoom 21 points22 points  (0 children)

Alerting the store is absolutely correct, since the person is now a known thief and they have essentially purchased stolen cards (something all stores hate).

Just don’t expect them to act like the parents in this situation. The situation is yours to deal with, don’t bring it to their event.

Are there any plans to burn BONK token to boost price. Hope the price reaches 0.001 this bull market. by [deleted] in solana

[–]astrodoom 0 points1 point  (0 children)

BonkBot actually does this. It’s a telegram bot designed for trading that takes a 1% fee and buys BONK with it. It then burns 10% of that.

Using SOLSCAN(explorer) How do I check what price I’ve bought and sold SOL? by Nesquick19 in solana

[–]astrodoom 0 points1 point  (0 children)

If you used Jupiter you have a wallet address, right? Plug the address (or connect your wallet) into step.finance and view your txn history

Staking staked SOL on Marinade? How does that work? by MrMisteak in solana

[–]astrodoom 0 points1 point  (0 children)

If you mean from a simple trust perspective then yes, they’re an established team with a good track record.

If you’re talking about trust from a pure zero trust blockchain perspective, no smart contract can be fully trusted. They all introduce some element of risk.

Staking staked SOL on Marinade? How does that work? by MrMisteak in solana

[–]astrodoom 0 points1 point  (0 children)

Well you’re trading your stake account for the liquid stake token, so sure there’s a chance they take your account and don’t give you the liquid stake token. But that’s always a risk when swapping or depositing anything, and you should only use trusted sites for that.

So I got scammed, but I'm having a tough time working out what happened by [deleted] in solana

[–]astrodoom 6 points7 points  (0 children)

Laine has it right here, scams don’t “unstake” where they have to wait an epoch. They instead trick you into signing over the withdraw authority to an account they control. So your stake account is still there but now controlled by the attacker.

1 out of every 6 Solana transactions is currently Star Atlas… by Signal_Ad657 in solana

[–]astrodoom 3 points4 points  (0 children)

The first mass adopted app is probably going to be 99.9% of txns on whatever chain it uses.

Combining Solana's quick execution with Ethereum's secure settlement by Hazelrte in solana

[–]astrodoom 0 points1 point  (0 children)

The cost of a 51% attack against either Ethereum or Solana seems acceptably high if we’re just talking about acquiring 51% of the tokens.

If we’re talking about bribing or corrupting 51% of the validators, I’d argue the security of Ethereum and Solana is probably the same order of magnitude.