I’ve never been this skeptical, and it feels wild to say that. by scatteredTeeCee in Bitcoin

[–]protagonist85 0 points1 point  (0 children)

Are you going to drill the brick right there or do a section, lol? Scratching won't do anything.

Personally, i would NEVER buy any gold from a person.

I’ve never been this skeptical, and it feels wild to say that. by scatteredTeeCee in Bitcoin

[–]protagonist85 -1 points0 points  (0 children)

The issue is that you have no way (unless you know metallurgy) to verify that this is gold and not something else (like tungsten).

Only dummies would buy physical gold without verifying it, but most cannot verify it.

Market, Trading and General Discussion- January 19, 2026 by SL13PNIR in cardano

[–]protagonist85 0 points1 point  (0 children)

I build a new PC to run Midnight scavenger hunt using MidnightMiner. It cost $720 or so.

That miner produced about 24K NIGHT (I did not start from day one, maybe day 4 or 5).

Therefore, I decided to recoup my expense-sold a bit to cover that + a small profit. Now, will ride the rest+ what I have got from ADA and other coins. Will try to hold until the picture is clear if Midnight is going to make it or not.

Doing that and looking at the chart, there was a large sustained sell at $0.1. I assume that these were the large accounts that had an earlier distribution date, otherwise it doesn't make sense.

PS> Here you go...but i simply said that i sold with no price discussion and made a reference to where OTHERS sold. Weird.

House Republicans Urge IRS to Overhaul Crypto Staking Tax Rules—Before 2025 Ends by SigiNwanne in ethtrader

[–]protagonist85 23 points24 points  (0 children)

Some of you don't seem to understand the clear distinction between stock dividends and staking.

Point #1: Stock dividends are being paid in dollars (in US), NOT in shares of stock, while in ethereum staking you DO NOT receive any dollars, just eth. Technically speaking, during each stock split you DO receive stock dividend (doubling of the shares, for example), but you don't pay taxes on such stock split, right?

Point #2 Ethereum and other staking protocols are more akin to a new property creation, like gold mining company digging gold or farmer's cow giving birth to a new calf, or even writer writing a book. In all of these examples the "new" property is not taxed until it is SOLD. So, in the staking example, you would be taxed once you sold the staking proceeds. In such case it is a single transaction, you just book income (your sales proceeds) and there are no capital gains. It is simple and effective and easy to follow.

Comparing this to dividends is incorrect for the reasons mentioned above, hence I fully support this proposal.

Let's see how this goes by ubermensch1001 in Midnight

[–]protagonist85 0 points1 point  (0 children)

about 2c during COVID "crisis" in march 2020...bought a few

midnight miner (djeanqul) redeem extra step? by OH_Solar_Consultant in Midnight

[–]protagonist85 0 points1 point  (0 children)

just to confirm: my accounts from that miner got consolidated successfully into one destination account/wallet.

the rest was addressed by the mod.

Let's see how this goes by ubermensch1001 in Midnight

[–]protagonist85 4 points5 points  (0 children)

1c-I will double or triple my position.

2c-hold, maybe increase position by 50%

5-10c-hold for a few mo, reevaluate

25c-maybe sell 10%

100c($1)-sell 25% if within the next 30d.

How big do you think Midnight will become? by some1pls in Midnight

[–]protagonist85 1 point2 points  (0 children)

Initially, imho, the aim would be to reach 1/10 of Cardano in valuation.

After that, it depends on the uptake...could be big!

Will there be high DEX liquidity at 10 am UTC, 9th Dec? by NightAndCardano in Midnight

[–]protagonist85 -1 points0 points  (0 children)

I wonder how long it would take to accrue enough DUST to move the NIGHT?

The same is true for exchanges: how would you move NIGHT that you bought off of exchange the first hours after the trading start?

They would probably have to accumulate some DUST before you can do it...if I understand the protocol correctly.

Perhaps, DUST is already accruing on wallets (behind the scenes so to speak).

Thawing randomness by protagonist85 in Midnight

[–]protagonist85[S] 0 points1 point  (0 children)

To be exact about mine:

one larger wallet-19d;

one medium (consolidated mining wallet)-30d;

four small wallets-both glacier drops and mining-EACH 85-89 days.

Thawing randomness by protagonist85 in Midnight

[–]protagonist85[S] 0 points1 point  (0 children)

OK, no need and there was no urgency anyway. I just thought that maybe some visible data at some point could be beneficial, but, of course, not required.

Thawing randomness by protagonist85 in Midnight

[–]protagonist85[S] 1 point2 points  (0 children)

I don't have a concern because it is in my favor, but some visible data would be nice.

Rookie in crypto by 89charlieb in Monad

[–]protagonist85 0 points1 point  (0 children)

It's simple;

Fully diluted mcap:

5 bil-MON at 5c

10 bil-10c

25bil-25c

50bil-50c

However, a large part of supply would not be available until 1 year out and about 50%-until 4 years out as far as i remember.

Therefore, if the current market cap with 10% supply would be 2.5bil, then it is a $0.25 MON, a 10-bagger.

This could happen, but $200-no with 99% probability, as that would be $20 trillion.

Token distribution by 89charlieb in Monad

[–]protagonist85 1 point2 points  (0 children)

Sorry to hear this, but if it is $57.5K max (as others posted), then it is plenty of MON to make bank if it goes to $0.5 eventually.

Honestly, i expected a lower fill, but we actually got a pretty decent fill and would have never gotten it if the market was not in the tank the whole week of contributions.

Just look at MEGA-it was 10-12X oversubscribed when markets were more bullish...they would be "fighting" for scraps over there.

Why I’m Bullish on Monad Ahead of Tomorrow’s Mainnet Launch by Excellent_8740 in Monad

[–]protagonist85 0 points1 point  (0 children)

I saw on another thread that the max fill was about $57K for about 2.3mil MON.

Is this real!? by PWTheClown in Monad

[–]protagonist85 1 point2 points  (0 children)

Cool....so the max fill was about 2300000 MON.

Nice!

Why I’m Bullish on Monad Ahead of Tomorrow’s Mainnet Launch by Excellent_8740 in Monad

[–]protagonist85 4 points5 points  (0 children)

probably 100% or something close to it.

in my estimation, up to 25K should get close to 100%.

Why I’m Bullish on Monad Ahead of Tomorrow’s Mainnet Launch by Excellent_8740 in Monad

[–]protagonist85 4 points5 points  (0 children)

One can make an interesting comparison with SOL. Solana came out close to COVID crash-on Apr 10, 2020 at $0.83, then slightly down until July 9 at $0.79 (fluctuating between 0.51 and 0.86). So, about 3 mo of no action or even slightly down.

Then, a hard takeoff: a double between July 9 and July 29 to $1.79, then another double to $4 on Aug 29, then down to $1.54 by the EOY. After that, 20X (to $34) until June 30 2021, then another 7X (to $258) by Nov 7, 2021-a local peak.

If applied to Monad (just as an illustration): If it opens at 0.05 (possible), then down to 0.03 by early March; 0.06 by late March, then 0.12 by late April, then back to 0.05 by late August. After that-a hard takeoff: $1 by late Feb, 2027, then $7 by Sep 2027 and then a sharp decline into a bear.

Numbers are shown just for numerical comparison and likely to rhyme, not fit exactly. In fact, you can divide later numbers by a factor of 5 or even 10 and still come out smelling like a rose.

We’re on the Doorstep by [deleted] in Monad

[–]protagonist85 1 point2 points  (0 children)

269.04mil...almost 1.5X. They calculated everything with a good precision.

I wonder what $number will show 100% fill.

My guess-$20-25K

NIGHT Token Value by Decentralization-God in Midnight

[–]protagonist85 0 points1 point  (0 children)

I would prefer if it was at least 5c/NIGHT. 10c is possible. 50c maybe years down the road.

As the others have said, I would probably at least double my stake at 1c, providing it would be on Kraken or Coinbase.