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  • Zebb
    replied
    All the people smelting old gold in any form are laughing this. Physical money is real. Bitcoin, one day you have it, next day you're robbed blind crying like a pussy.

    Leave a comment:


  • Talk Sick
    replied
    Originally posted by Guile View Post
    If you don't know anything about it, why did you buy it?
    for the luls

    also grabbed a bunch of DOGE just in case.

    Leave a comment:


  • Guile
    replied
    If you don't know anything about it, why did you buy it?

    Leave a comment:


  • redox
    replied
    Originally posted by Talk Sick View Post
    I got BTC NKN ETH and know nothing about it
    lol same! I bought a few different ones and hardly ever check how they're doing either. Just let them sit there, buy bit by bit and hopefully one day be a millionaire.

    ...that's how it works, right?

    Leave a comment:


  • redox
    commented on 's reply
    [deleted].
    Last edited by redox; 05-27-2021, 03:31 AM.

  • Talk Sick
    replied
    I got BTC NKN ETH and know nothing about it

    Leave a comment:


  • sp-
    replied
    Originally posted by Guile View Post
    Well this looks like the end of the line. Tether and other stable coins have completely borked the market because a bunch of thieving tax evaders are using it to launder money. All I've seen in the last week is "bear market, bear market" and other doom and gloom. Me personally, I didn't fight in 2 oil wars for nothing, I'm pulling everything and buying silver, gold, and lead.
    it's not over yet. just one more thing the government can make revenue on. if anything they'll ban defi first.

    Leave a comment:


  • oldtyme
    replied
    it's 25% of your profit margin on avg.
    that all makes sense, was just something i've always wondered about and whether a bunch of people were sitting ducks for a CRA audit after killing it with these products the last few years.

    Leave a comment:


  • Guile
    replied
    You claim gains as capital gains. Most crypto platforms are KYC and report your books to revenue Canada, and you do not get a copy, so you have to keep your own books. Staying off the books is easy to do, but cashing out gains anonymously is not. Bitcoin ATMs fees are too high to be worthwhile. It's not a big deal, capital gains tax is not as heavy as I thought.

    Leave a comment:


  • oldtyme
    replied
    honestly keep forgetting this place re-launched lol. Anything as speculative as crypto seems to be (from my point of view anyways) isn't something i want to build an investment strategy around. While i'd argue any investment is essentially gambling, some allow you to handicap better than others , some games are riskier than others, this is the bottle toss of investment games. You might win the biggest prize at the fair, but it isn't likely.

    serious question because I haven't looked into it, how are gains made from crypto taxed? are you expected to be honest about capital gains?

    Leave a comment:


  • Guile
    replied
    Well this looks like the end of the line. Tether and other stable coins have completely borked the market because a bunch of thieving tax evaders are using it to launder money. All I've seen in the last week is "bear market, bear market" and other doom and gloom. Me personally, I didn't fight in 2 oil wars for nothing, I'm pulling everything and buying silver, gold, and lead.

    Leave a comment:


  • Go.
    replied
    I’m in if papa Musk is in

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  • Talk Sick
    replied
    Originally posted by bace View Post
    Pretty sure all those people have lives and families now.

    I don’t, that’s why I’m here.
    same.

    Leave a comment:


  • Guap Chachi
    replied
    Ehhh Elon Musk has more than a handful of kids (not including Grimes) and he finds time to troll the internet

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  • bace
    replied
    Pretty sure all those people have lives and families now.

    I don’t, that’s why I’m here.

    Leave a comment:

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