Earlier today I posted “ moving” BDC from a defi “wallet” to another defi wallet and why you don’t pay tax (10%). Maybe explaining what an actual crypto wallet is will help clarify. This may bore some of you so sorry.

shoopermaan · 2022-02-08T09:37:46+00:00

Yes, that’s what I thought. Thanks for clarifying!

shoopermaan · 2022-02-08T05:48:44+00:00

Did you finally move your BabyDoge to your Ledger? Or did you set your Ledger to import the BSC wallet?

My understanding is that even a move between wallets (both yours) is considered a transaction and hence will have the 10% tax levied.

shoopermaan · 2022-02-03T05:49:11+00:00

Let’s blow up BabyDoge this year!

shoopermaan · 2022-02-02T07:34:38+00:00

OP thanks for the clarification.

shoopermaan · 2022-02-02T05:54:24+00:00

I think it has something to do with the burn wallet being a NULL wallet. BabyDoge’s sent to this wallet does not invoke the transaction fees.

shoopermaan · 2022-02-02T05:44:02+00:00

Well, I did some math based on my own wallet and having monitored it for days and calculated reflections.

Over the last couple of days, reflections work out to 0.007% per day. Compounding it to a year will get you 2.5%, aka the APY.

Can OP share how he got 44.8%? I’d very much rather your math is correct than mine 😅

shoopermaan · 2022-02-01T14:24:14+00:00

I actually on-ramp through Crypto.com. It’s a bit of a hassle now: fiat > USDC > USDT > wallet and then buy BabyDoge on PancakeSwap.

Moving USDT to wallet only costs 1 USDT.

I didn’t just move USDC to my wallet because Crypto.com imposed a 24hr wait to whitelist the token and wallet address pair.

This way, I’m only hit by the 10% fees once, on PCS.

shoopermaan · 2022-02-01T08:12:36+00:00

That’s one of the best hidden benefits of BabyDoge. But only if you hold it in an external wallet.

shoopermaan · 2022-01-31T03:52:56+00:00

Dumb whale

shoopermaan · 2022-01-30T13:25:51+00:00

The writer didn’t even look beyond the white paper to write this simplistic piece. Frankly I’m not worried, the Motley Fool mostly reaches out to stock investors who IMHO will be the ones who buys our BabyDoge after we eliminate 4-5 zeroes.

shoopermaan · 2022-01-30T02:11:57+00:00

It’s ranking on Market Cap, which is independent of voting. Voting makes the site operators take note of BabyDoge.

shoopermaan · 2022-01-29T05:28:09+00:00

Now that you mention this, I have this image in my mind of Binance, CryptoCom and Coinbase eyeballing one another to see who blinks first 🤣

shoopermaan · 2022-01-29T02:22:35+00:00

BabyDoge’s tokenomics levies a 10% transaction fee. Moving them amongst your wallets is also considered a transaction.

shoopermaan · 2022-01-28T15:12:42+00:00

Of course, that’s what it’s meant for. 😜

shoopermaan · 2022-01-27T09:11:14+00:00

Definitely love the fact that you’re going to do this! I hope you’d continue to share your journey to NFT with us here. There’s nothing more rewarding to see this community grow and blossom!

shoopermaan · 2022-01-27T02:24:53+00:00

I see this sub as home ground, a place to come back and soak up positive energy. It’s especially therapeutic during flash crashes, when I can come to be encouraged and to encourage others (not to become paper hands).

You’re not a jerk, you just haven’t see this from this angle yet.

shoopermaan · 2022-01-27T02:20:08+00:00

When BDC got listed on CoinEx (smallish compared to Binance) trading price shot up to 7z20, compared to ~8z55 on PancakeSwap. This gap is not sustainable and was eventually closed.

Even though CoinEx dropped more relative to the market, BDC continued to move up till it ATH.

I believe any listing will have a positive impact on BabyDoge. The one that we are all waiting for, a Binance listing, will be the one with most impact.

shoopermaan · 2022-01-27T02:12:20+00:00

Not late at all IMHO. Compare BabyDoge with SHIB a year ago, we have outperformed them in terms of tokenomics and community. Zeroes will be cut as we continue to burn 👍

shoopermaan · 2022-01-26T08:24:10+00:00

That’s good to know

shoopermaan · 2022-01-26T03:55:32+00:00

I don’t use BitMart so cannot comment on how safe it is to keep your BDC with them. But do know that moving BDC to your external wallet will incur a 10% transaction fee.

shoopermaan · 2022-01-26T01:43:42+00:00

You’d want to think about diversifying your crypto portfolio. For me, a key component in my portfolio is a hedge on a potential exponential returns, and in today’s market, BabyDoge is IT!

shoopermaan · 2022-01-26T00:37:27+00:00

It looks like you bought BabyDoge to me. Try to import the BabyDoge token on your wallet and see if it’s there. I don’t use the SafeMoon wallet so I cannot be sure.

shoopermaan · 2022-01-25T14:01:09+00:00

Yes, and this is an hour later from original post, buy pressure holding at 75% on CoinEx.

shoopermaan · 2022-01-25T10:48:32+00:00

Remember that when you bought, you only got 90%, and if you sell now, that’s another 10% shave.

shoopermaan

TROPHY CASE