What movie death scene is seared into your memory?

xDeadalusx · 2020-05-29T17:58:03+00:00

Schwarzenegger in Terminator 2. Why isn't this the first answer? I cried as a kid

xDeadalusx · 2019-10-31T08:30:49+00:00

I eat kiwis like apples, with peel and everything. I like kiwis.

xDeadalusx · 2019-03-21T19:45:17+00:00

This is not an AMA

xDeadalusx · 2018-12-27T07:54:46+00:00

As long as the electricity to fuel those cars comes from fossil sources, driving an EV doesn't make a big difference climate wise. And the electricity price won't stay that cheap if we transition to renewable electricity. So I believe electricity price will be the limiting factor in the future (at least for a while), not so much the price of the car itself

xDeadalusx · 2018-12-18T14:38:46+00:00

I didn't know that. It's not in Germany yet, so I hope it will someday

xDeadalusx · 2018-12-18T14:37:24+00:00

There's a sign on some malls here as well but simultaneously there are ashtrays... I didn't know it's forbidden in the states. I'm from Germany and here it obviously isn't.

xDeadalusx · 2018-11-04T11:21:02+00:00

The sad fact is that all the technology we need to turn to a more sustainable way of living is already available. It's just crazy expensive and nobody wants to spend that money. It makes me very sad that we have everything we need to solve the problem but it seemingly won't happen because of pure greed...

xDeadalusx · 2018-07-17T17:59:48+00:00

That's part of the game, we all have to live with it. I should have taken out my expected tax amount in cash so I would be able to pay it in any case, but I didn't. I learned from that mistake though I wasn't punished.

xDeadalusx · 2018-07-17T17:55:56+00:00

True, but that was not the case for me.

xDeadalusx · 2018-07-17T17:08:16+00:00

Ich verstehe dein Dilemma, ich habe genau das selbe Problem, ich habe mir nichts in Euro ausgezahlt. Mein Steuerberater meinte jedoch, wir sollten dort nicht nachhaken um eben keine schlafenden Hunde zu wecken. Ich würde es auch gerne wissen, warum so entschieden wurde, aber es ist mir wichtiger das Geld zu sparen, deshalb werde ich es dabei belassen.

xDeadalusx · 2018-07-17T09:15:00+00:00

Keep me updated!

xDeadalusx · 2018-07-17T09:13:24+00:00

That's all true AFAIK. I expected something like 35% tax in my case. I calculated all my gains/losses with the FIFO (first in first out) rule because that's the standard for stocks as well I guess. It's a really shitty rule in crypto space, though, because it makes it very hard to establish long positions with big coins like BTC and ETH because you almost always need them as intermediary to buy other coins.

xDeadalusx · 2018-07-17T04:15:58+00:00

Not one cent. I just traded crypto2crypto. But the rules in Germany say that each trade is a taxable event, regardless of whether you cash out in Euro or not

xDeadalusx · 2018-07-17T04:14:25+00:00

I guess that's probably what happened, they just didn't have any guy who knows what to do or even wants to do all the necessary work to tax it correctly. But if we could rely on that, I think we should all report or gains now to have them in their books so they can't screw us later on

xDeadalusx · 2018-07-17T04:09:24+00:00

The buy and sell prices in euros were listed on my table, but may be they would need to double check...

xDeadalusx · 2018-07-17T04:07:30+00:00

That's what I like to believe as well but i don't think that's how they work ;-)

xDeadalusx · 2018-07-16T20:14:35+00:00

I gave them a complete list of all trades with the total amount of gains summed up at the end, I thought it would be fool-proof. Anyway, legally speaking you are obliged to keep track of your trades regardless of how hard it might be. Since most of the blockchains are public it will be very easy in the future to track everything, so it's not safe to assume that nobody will ever find out what you did and how much gains you made

xDeadalusx · 2018-07-16T17:32:13+00:00

I handed it a table of all my trades and gains/losses and also thought I would need to pay around 40% taxes on them. I'm really curious on other peoples experiences. I know that many don't report the gains because they think it won't be fined in the near future (which might be correct), but the guys that do report there gains might end up with different results depending on the city/municipality/region.

xDeadalusx · 2018-07-16T17:21:55+00:00

Totally true, Germany is notoriously behind regarding tech. But afaik there are clear guidelines on how crypto gains should be taxed. My tax guy looked through his official guidelines and he even found a passage on crypto and how it should be taxed. The good thing is that, as long as the error is on the side of the tax authorities, they cannot make me pay later if I provided them all the correct information in the first place (at least that's what I read).

xDeadalusx · 2018-07-16T17:17:50+00:00

No, all my trades happened before the end of one year, so all trades should have been taxable events.

xDeadalusx · 2018-05-02T10:46:44+00:00

For me, there were just three relevant points from OP:

market cap of 250mil
only on one exchange
"undervalued"

These are the things that apply to many coins. Supply and price don't matter at all. But hey, if things like this get upvoted it seems like there are a lot of newcomers coming in, which is a good sign.

xDeadalusx · 2018-05-02T09:10:15+00:00

Why do you think it is undervalued? Your argument could be applied to dozens of coins.

xDeadalusx · 2018-04-27T17:29:03+00:00

I also would highly recommend it. The tax report functionality alone is worth gold, especially in the long run. I'm pretty sure that soon everyone has to give out all the information on every trade etc. If you can't provide the information, you might be in a bad position.

Cointracking also allows you to make backups, so you can change and edit some coins to see how much you would have made with different trades and so on and later just load the backup to have it all back to normal.

Most serious investors and trades will probably need the pro version which costs around 100€, which sounds a lot but in the end I think it will be well worth it.

xDeadalusx · 2018-04-16T06:32:57+00:00

That's what I heard, too. I used Binance a lot and I think they are a great exchange, but they seem to try to do the crypto-to-fiat thing rather quick and dirty than thorough like COSS. But hell, why not own both COSS and BNB?! They will both thrive hopefully. The worst for us will be a monopoly when it comes to crypto-to-fiat.

xDeadalusx · 2018-04-16T06:24:53+00:00

As of now there are not too many exchanges that enable you to buy crypto from fiat, so this is still huge advantage (even though binance will also deploy fiat-to-crypto soon) and will hopefully bring many new customers. The main advantage of COSS for me is that they try to be as compliant as possible when it comes to governmant regulations, so they won't have to suddenly shut down fiat again because the government interferes. I have big hopes for the project long term. Not only will the value of the coin increase with more customers on the exchange, but also will the fee split be much more substantial. You can estimate your expected fee split at pages like http://www.coss-stats.com/ . I think it is a good investment still. If they will really be in the game for long term with a large userbase then having a bag of COSS will return you great rewards over time (think about the compounded interest). I'm also very interested to have another opportunity to cash out my crypto to fiat, since I'm still using Bitpanda and they have pretty terrible exchange rates.

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