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GameCoin (Gmex)

Posted on 12/27/21 at 10:55 pm
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 12/27/21 at 10:55 pm
Any promising news?

What is everybody's plan regarding the tax situation with the hard fork?
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 12/27/21 at 10:59 pm to
Btw, props to the team.

Let me know when you guys run another one.
Posted by Beef Tips
Member since Jan 2013
2883 posts
Posted on 12/28/21 at 10:23 am to
I havent heard this name in a few weeks.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82028 posts
Posted on 12/28/21 at 11:28 am to
The GMEX coin was airdropped at a given price which is all classified as capital gains and you will need to pay taxes. The Devs didn't think that one through good enough.

You could sell the original GME is there is any liquidity (i would have done that right after the fork) and take those losses to offset the airdropped GMEX.

(not tax advice)
Posted by 21Dalrymple
Baton Rouge
Member since Aug 2013
87 posts
Posted on 12/28/21 at 5:40 pm to
It’s been pumped and it’s been dumped, rug pulled, it’s dead.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 12/28/21 at 11:55 pm to
quote:

it’s dead


Maybe not.

But, it is severely overpriced.
Posted by EAGLE33
Member since Jul 2014
50 posts
Posted on 12/30/21 at 12:19 pm to
When do people start calling lawyers ?

100k pre airdrop is now worth arojnd $6k haha
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 12/30/21 at 4:19 pm to
quote:

When do people start calling lawyers ?

100k pre airdrop is now worth arojnd $6k haha


Add that to taxes being owed on the $100k in your example, and it is a bad deal for a lot of people. It's sad.

I can't wait to see what happens after the first. If I was one of those people taking the tax advice that was being given out by people in the telegram group, which was that trust wallet doesnt send out records, I'd wait till after the first to sell. That way, I can push playing dumb off till april 2023.
Posted by 21Dalrymple
Baton Rouge
Member since Aug 2013
87 posts
Posted on 12/30/21 at 9:04 pm to
Turns out people putting their money in a coin with zero utility started by a high school grad who cuts grass was a bad idea. Hard to hear I know since the greatest geniuses of our time, local sports radio hosts, told us it was great.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 12/31/21 at 5:20 pm to
quote:

their money in a coin with zero utility started by a high school grad who cuts grass was a bad idea


A lot of those people were putting real money in it too. This wasn't a throw 2 bnb at a shitter type buy for a lot of people. Unfortunately, a lot of those people will not be in crypto long after getting burned on their first one.

There's going to be some pissed off friends and family over the next few months.
Posted by jasenberry
Member since Sep 2024
1 post
Posted on 9/2/24 at 1:53 pm to

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Posted by ativadordownlaods
Member since Sep 2024
1 post
Posted on 9/9/24 at 5:51 am to
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