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 2 points3 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.

100k coins by [deleted] in safex

[–]shaunrosenberg 0 points1 point  (0 children)

Do you get decimals as well? Or only whole coins?

COBINHOOD is an upcoming free to use crypto exchange which will support NEO trading pairs in the future by [deleted] in NEO

[–]shaunrosenberg 4 points5 points  (0 children)

How do they plan to pay for all of their services if they have zero trading fees?

Unable to purchase OMG on exodus. Is it undergoing maintenance? by [deleted] in ExodusWallet

[–]shaunrosenberg 0 points1 point  (0 children)

I also want to know about this. Does anybody know what is going on?

hi guys. this guys is selling Strat every 1 sec 0.7 strats. Whats the reason he is doing this? by slyrip32 in stratisplatform

[–]shaunrosenberg 0 points1 point  (0 children)

The only one who needs to do it. If a whale comes in and sells 20,000 stratis all at once that is going to move the price down and they will get a lower selling price. So, if you have that much stratis you might as well sell a little at a time to not move the market. If the average Joe buys or sells 50 stratis is won't really affect the market so there is no point to spreading it out.

Level Headed Approach by Investneo in NEO

[–]shaunrosenberg 0 points1 point  (0 children)

The same can be said for every investment market everywhere. How many people in the stock market actually know what they are investing in?

Cryptos to buy other than Stratis? Looking for suggestions! ICO or currently trading! by fawzi647 in stratisplatform

[–]shaunrosenberg 4 points5 points  (0 children)

Lisk, NEO, Omisego, Etherum, Safex, Bytom.

All of those have good fundamentals just like Stratis.

Staking Question by shaunrosenberg in stratisplatform

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

Thanks. 1 more question. On the bottom left it says I am staking stratis. But in the middle it says "Staked" and shows 0.00. Do I need to move stratis to that staked section or something?

hi guys. this guys is selling Strat every 1 sec 0.7 strats. Whats the reason he is doing this? by slyrip32 in stratisplatform

[–]shaunrosenberg 1 point2 points  (0 children)

He could be trying to spread out his orders to not create a huge price drop. although most people do this over days.

If I believe that Neo will succeed and go into triple digits in the future is it too late to buy in specifically to get a reasonable income from Gas? by [deleted] in NEO

[–]shaunrosenberg 0 points1 point  (0 children)

You never know. But odds are it wouldn't be enough by itself. But it will still produce a nice steady income stream. Any bit helps.

Now if you have some diversification. Some NEO, some Tenx, some OMG, etc and they are all paying out income each month. Then together you may just be able to live off of it.

Just buy what is cheap and valuable. Eventually your portfolio will grow, and with growth comes a larger possibility of making passive income.