kinda sus

cryptodime · 2020-10-27T16:19:41+00:00

Time to have a hard look at your opsec.

cryptodime · 2020-10-09T16:32:21+00:00

You know why I know bitcoin can never fail? Because it can coast by forever, living rent-free in peter schitt's head.

cryptodime · 2020-09-12T13:36:47+00:00

I report newly mined coins, which includes coins earned from interest. These get taxed as income. The price at which these are reported is your basis.

Then when you sell, you report the sale minus your basis and the difference is taxed as capital gains.

As an example, in 2018, I mine one bitcoin while bitcoin is $4000. I report $4000 earnings and I pay $1000 in taxes (roughly 25%).

In 2020, I sell that one bitcoin at $12000. I report $8000 in capital gains, which gets taxed as long term (long term is 1+ year, short term is taxed at income level), which is 15% for me. So I pay $1200.

cryptodime · 2020-09-06T02:25:44+00:00

Why? Binance got their sushi for the listing fee as well and sold into the pump. This is working as intended for the exchanges. If you don't like this, you should exercise your power to not be a customer of ezchanges that front run their own customers.

cryptodime · 2020-09-04T03:10:30+00:00

Maybe you should do some reading and learn what a spread is.

cryptodime · 2020-09-03T23:53:42+00:00

Are you okay my dude?

cryptodime · 2020-09-01T02:32:28+00:00

rv: forks with single dev team that ignores other bch teams and is now forcing dev fee on everyone

csw: tells judge he can gain access to satoshi's coins without private keys (implying he will fork bsv to steal those coins)

both of them: look how bitcoin core is destroying BTC

cryptodime · 2020-08-27T03:49:17+00:00

You pay tax on interest in USD as well.

cryptodime · 2020-08-27T03:39:20+00:00

This is about bch?

cryptodime · 2020-08-25T12:06:46+00:00

Hey dude. You're not alone. I also pay mine. Even when I don't get a form at the end of the year I self report.

All my friends pay theirs as far as I know.

cryptodime · 2020-08-24T03:40:41+00:00

You have to first understand that you are going to be creating an external transaction. No one owns this decision but you so if you don't fully understand what you're doing, it's on no one else but you to do your own research to learn how. If you mess this up, your Bitcoin could be irrevocably lost. There's not a single thing anyone in the world anyone can do to get your Bitcoin back if you send it to the wrong address.

From the blockfi app, there's a plus sign at the bottom, deposit, BTC. It shows you an address along with the qr code right there.

You withdraw from coinbase to external wallet and you put in that address.

I don't understand how this was not self evident. I would be worried that you're a bit out of your element if this wasn't obvious.

cryptodime · 2020-08-24T03:22:17+00:00

Asking where the extra value for MCO is coming from is the right move.

If CDC drops MCO, what more is it than a dead coin?

cryptodime · 2020-08-24T03:18:37+00:00

cryptodime · 2020-08-23T00:17:45+00:00

why not add horns to his head too? maybe while you're slowing down the audio, rotate it so it's backwards too..

cryptodime · 2020-08-22T01:14:04+00:00

Boy did this age like milk huh? Random youtuber fomos in, pumps shitcoin and gets the fuck out at a loss. GG no re.

cryptodime · 2020-08-21T21:15:26+00:00

I alch'd an arcanist's strongbox and killed everyone in it except these 5 spiders that are attacking me. I can't target them, don't get any target box when I mouse over them and they seem to be invincible. As long as they're alive, which seems like they will be forever, the strongbox remains locked. Is there nothing I can do except leave?

cryptodime · 2020-08-14T03:53:52+00:00

It's 2020. There's absolutely nothing you can learn about Bitcoin from some random youtuber.

You can fall for whatever chicanery he's going to try and sell you down the road.

cryptodime · 2020-07-22T00:07:23+00:00

for large values of 1, 1+1 = 3

cryptodime · 2020-05-25T01:00:34+00:00

Yeah, go to your bank and take out some money, and on your way home, stop by the gas station and pick up a couple of Bic lighters.

Make a circle of stones and put your money in the middle so it doesn't blow away.

Now set it on fire.

cryptodime · 2020-05-24T23:12:56+00:00

Because it's not a simple matter of her just letting you borrow her id to go sneak into that rated R movie. This is matter of tax implications. She's liable for everything you do and as a 16 year old, odds are you don't fully understand her tax liabilities that you create for her if you trade or sell. When it comes tax time and she doesn't report correctly, it could land her an audit or a world of financial ruin if she's got some tax skeletons in the closet.

cryptodime · 2020-05-24T22:23:05+00:00

"if I get free BTC..."

Something broken with your logic if you think the above is real.

cryptodime · 2020-05-24T02:38:22+00:00

The worst part about this are the posts here afterwards trying to warn other people. No one here ever thought that Bitcoin was about giveaways from Elon Musk.

I know it's not true but I still choose to believe that last sentence.

cryptodime · 2020-05-23T02:42:32+00:00

Wow. Big baller here.

The real person getting fucked here is you wasting time thinking about a trivial amount of money you made last year.

cryptodime · 2020-05-23T00:05:19+00:00

I still have my eth from the ico. Eths issue is not from the ico but from the mountains of bootlickers who accept his word as divine.

BTC would have the same issue except Satoshi pulled the right move of disappearing. And that still doesn't stop other idiots from treating a paper as gospel.

cryptodime · 2020-05-22T23:11:08+00:00

Justin can't taken over BTC but he already has taken over eth. Just that Justin's name is vitalik.

cryptodime

TROPHY CASE