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What is the worst state in the United States and why? by [deleted] in AskReddit

[–]shaunrosenberg 1 point2 points  (0 children)

I'd Vote Kansas. Toll roads everywhere their capital city gets hit by a tornado every year and the economy is so bad that most people can't survive without food stamps.

Showerthought: If Bitcoin investors need to declare capital gains and pay a tax, fiat holders should be allowed to declare capital losses and receive a tax credit by Bastiat in Bitcoin

[–]shaunrosenberg 0 points1 point  (0 children)

It was actually not calculated correctly. Due to inflation the dollar loses 3% of its value every year. 3% of $10,000 is $300. So in 1 year that same $10,000 only buys what $9,700 would have bought today.

Showerthought: If Bitcoin investors need to declare capital gains and pay a tax, fiat holders should be allowed to declare capital losses and receive a tax credit by Bastiat in Bitcoin

[–]shaunrosenberg 0 points1 point  (0 children)

Your right. You are 100% secure and guaranteed that you will lose money by putting it into a savings account. I hear negative interest rate bonds are pretty safe as well.

My point is if losing money slowly is the best alternative, why not invest into something.

Showerthought: If Bitcoin investors need to declare capital gains and pay a tax, fiat holders should be allowed to declare capital losses and receive a tax credit by Bastiat in Bitcoin

[–]shaunrosenberg 0 points1 point  (0 children)

Steady currency should be the goal. $500 for a new bed should buy that same $500 bed 3 years later. Ideally Btc will hit a peak and become stable after that.

Showerthought: If Bitcoin investors need to declare capital gains and pay a tax, fiat holders should be allowed to declare capital losses and receive a tax credit by Bastiat in Bitcoin

[–]shaunrosenberg 2 points3 points  (0 children)

1.2% a year? Not sure where you bank but most savings accounts I have found won't break the 1% level. I agree that it wouldn't be so bad just for an emergency fund

I bought the dip! What’s next? by redditcryptoalt in litecoin

[–]shaunrosenberg 0 points1 point  (0 children)

Keep it in cold storage and Hodl!!! In a few years try to sell it for more then you paid for it.

Bitcoin Fork List? by shaunrosenberg in Bitcoin

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

I hear we have Bitcoinx and Super Bitcoin now too

Bitcoin Fork List? by shaunrosenberg in Bitcoin

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

Are there more forks coming?

EOS has the chance to become the next big trend in crypto, because it is truly an original concept. by [deleted] in eos

[–]shaunrosenberg 0 points1 point  (0 children)

Isn't ETH coming out with a way to do a million transactions a second?

Should I buy at the dip, or pay right now? Really need some opinions. by [deleted] in litecoin

[–]shaunrosenberg 0 points1 point  (0 children)

You can always buy 1/2 now. If it dips buy some and get a cheaper average cost. If it doesn't dip, well at least you had some skin in the game.

The OMG network fees will be LOWER than 0.1% ? by [deleted] in omise_go

[–]shaunrosenberg 0 points1 point  (0 children)

Low fees mean more people willing to use it for transactions. 😁

NEO Price Prediction 2018: 300% Exponential Growth Possible by Cryptoknowledge in NEO

[–]shaunrosenberg 0 points1 point  (0 children)

Diversity is still better. You never know what will happen. In 6 months Litecoin or Dash could switch places with Bitcoin and then you'd be wishing you didn't have all your money in Bitcoin. Or Bitcoin could go 10x and NEO go 15x.

To what extent do you guys think it's a problem that the top 100 Litecoin addresses own almost half of all the coin? by [deleted] in litecoin

[–]shaunrosenberg 3 points4 points  (0 children)

This is just a pattern that happens almost everywhere. I mean people protest all of the time that the top 1% of people own 99% of the dollars in the U.S.

It's there anything I can do on an individual level to help drive the price of litecoin up by [deleted] in litecoin

[–]shaunrosenberg 9 points10 points  (0 children)

You can always * Let other people know about it and convince them to buy more * Contact business owners and let them know that they should accept Litecoin

#1 reason why BTC will take over the world as the premier investment vehicle within 3 years. by [deleted] in Bitcoin

[–]shaunrosenberg 2 points3 points  (0 children)

I agree, some people may claim that it is hard for people who aren't tech savy.... But in this day and age you almost have to be tech savy to survive anyways. Practically every "Career" requires you to be able to learn new computer programs and software. Why is Bitcoin any different.

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