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Started By
Message
re: Official CryptoTalk Thread
Posted on 12/11/20 at 4:34 pm to G The Tiger Fan
Posted on 12/11/20 at 4:34 pm to G The Tiger Fan
XRP airdrop tonight. Should be fun.
Watching the price crater
Jesus people are gonna get destroyed with taxes.
Watching the price crater
Jesus people are gonna get destroyed with taxes.
quote:
For example, say you received 1 Spark token on December 12, 2020. On this day it’s worth $1. However, you don’t get any control over the coin until January 1, 2021. On this date, 1 Spark token is worth $3. January 1st is the day you gain dominion and control of the asset. Therefore, you would have to report $3 of ordinary income in 2021 taxes. If you were to sell this in February for $5, you would have a capital gain of $2 ($5 – $3)
This post was edited on 12/11/20 at 4:41 pm
3
Posted on 12/11/20 at 4:45 pm to CE Tiger
Where can you short it? Anywhere loan it out?
Posted on 12/11/20 at 4:50 pm to stoms
quote:
Not in relation to xlm but do you think the bull market in crypto is done? This halving cycle was may 2020. The 1st run in 2013 with that cycle was 300+ days. The 2nd in 2017 was 500+ days. The prices generally grew for that long with a parabolic move to signal the end. If it's done this is the shortest one there has ever been with the smallest parabolic move upward.
Why do you think that crypto, especially bitcoin will follow some similar cycle? Its still an emerging currency and growing legitimacy in the minds of most. Every year/month is different. You are best buying to hold, if you really believe in its future.
This post was edited on 12/11/20 at 4:51 pm
Posted on 12/11/20 at 5:20 pm to stoms
quote:That poster you replied to appears to be looking at technicals on a <7 day time horizon. The bull run hasn't even technically started yet.
Not in relation to xlm but do you think the bull market in crypto is done? This halving cycle was may 2020. The 1st run in 2013 with that cycle was 300+ days. The 2nd in 2017 was 500+ days. The prices generally grew for that long with a parabolic move to signal the end. If it's done this is the shortest one there has ever been with the smallest parabolic move upward.
Posted on 12/11/20 at 5:31 pm to CE Tiger
(no message)
This post was edited on 12/11/20 at 5:36 pm
Posted on 12/11/20 at 6:46 pm to LSURussian
Now where was we? I was watching the air drop
Posted on 12/11/20 at 7:21 pm to tigermike2004
You pulling another all-nighter tonight?
Posted on 12/11/20 at 7:22 pm to CE Tiger
quote:
Jesus people are gonna get destroyed with taxes.
quote:
For example, say you received 1 Spark token on December 12, 2020. On this day it’s worth $1. However, you don’t get any control over the coin until January 1, 2021. On this date, 1 Spark token is worth $3. January 1st is the day you gain dominion and control of the asset. Therefore, you would have to report $3 of ordinary income in 2021 taxes. If you were to sell this in February for $5, you would have a capital gain of $2 ($5 – $3)
The pre-market trading is .0013, not $1 or $3. That's ridiculous to even write. I don't see any way that's a significant tax hit to anyone.
Posted on 12/11/20 at 8:08 pm to James11111
Tonight I think is a nice night for sleep! Don't think I'll miss anything. But I usually will sleep 4 hours at most.
Posted on 12/11/20 at 8:09 pm to tigermike2004
This one time, at band camp, I stuck a flute in my pussy.
Posted on 12/11/20 at 8:36 pm to stoms
quote:
pre-market trading is .0013, not $1 or $3
My bad didn’t realize it was completely worthless
This post was edited on 12/11/20 at 8:36 pm
Posted on 12/11/20 at 8:50 pm to CE Tiger
Not going to lie, expected much more
Of a dump after the snapshot. Actually gives me a little hope. I was pretty pessimistic leading up to it
Of a dump after the snapshot. Actually gives me a little hope. I was pretty pessimistic leading up to it
Posted on 12/11/20 at 10:19 pm to SohCahToa
Actually December has been good to XRP! 53 cents is nice and should move up some!
Posted on 12/11/20 at 10:22 pm to CE Tiger
Can't trade something that will not be ready for trading til May?
Posted on 12/11/20 at 10:31 pm to tigermike2004
quote:XRP opened on December 1 at $0.664515 and closed today at $0.546483 which means XRP is DOWN -18% so far this month. ETA: LINK
Actually December has been good to XRP!
Is that what you consider “good”?
This post was edited on 12/11/20 at 10:33 pm
Posted on 12/11/20 at 11:59 pm to LSURussian
Past has been good for XRP in December! The rest of the month will be fine! Douche bag
Posted on 12/12/20 at 1:36 am to tigermike2004
Today XRP took aim at smart contracts and the Ethereum side of de-fi! We now control everything Some of my projects was doing for next bullrun! Took a shot at LINK for sure! XRP the standard! Get on or get left
This post was edited on 12/12/20 at 12:59 pm
Posted on 12/12/20 at 4:01 am to tigermike2004
quote:XRP is down another 7% since you posted this.
The rest of the month will be fine! Douche bag
And that’s “Mr. Douchebag” to you.
Posted on 12/12/20 at 4:01 am to tigermike2004
Duplicate post.
This post was edited on 12/12/20 at 4:06 am
Posted on 12/12/20 at 7:23 am to tigermike2004
quote:
XRP the standard
The World Economic Forum begs to differ
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