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$IGPK >>very few realize how thin this is
only when you sell for fiat or exchange to another crypto. crypto tax is handled as a sale of property except we don't get the "like kind exchange" benefit.
LMAO -yes, transfer to my wallet I will be happy to be anyone's tax write-off
and then they must justify a legitimate assigned market value to the property before taxing u on it. this anticipated taxation has more holes in it than swiss cheese.
its still too vague- there is no tangible market value yet on FLR so how they gonna assign a tax basis. they can tax me on "$0" i'm fine with that lol
$IGPK >>watch the loading taking place.
what's even funnier...claimed sold everything a few weeks ago.
good grab at these levels
$XRP 1.64
$XRP 1.59
$XRP --nice inbound money vol:
^ this is the 1 day 1 min chart but I step through all of them back to monthly, weekly, 5-day, daily. gives a more complete picture of money sentiment for a given period and where that may lead the price.
don't even factor in wild short term volatility swings because that is the nature of the beast here. must ignore that, think soundly and be patient. the money never lies.
$XRP 1.54 --1st price resistance broken, heading higher
-note that I say 'price resistance' because I only follow the money vol and key money levels.
of course long term trend in chart will bring money in, but I am more talking short term movement calls
$XRP 1.54 --1st price resistance broken, heading higher
-note that I say 'price resistance' because I only follow the money vol and key money levels. the chart is a result of money flow and vol and nothing more than a squiggly line following the money. at least that is how it has been making sense to me.
of course long term trend in chart will bring money in, but I am more talking short term movement
Yep im sure they would prefer to buy at discount lmao
Always follow the big crooked money. Lol!
They must know $ILUS is going LARGE- otherwise they would not put this much sustained effort into gaming it. Nothing is ever done without expected profits in mind
Seems CDEL has entire float for sale...lmfao
They are an infinite share holder
Smart folks are strapped in. Unfortunately some are just going to get the strap-on
weeeeeeeeeeeeeeeeeeee
$ILUS
that's what good PR is son. I can't imagine a 'cold air' PR would be effective..
learn the game
$ILUS >>>locked and effing loaded<<<
enjoyed flipping it but not touching it beyond that.
I posted a decent tax-related article here yesterday on it. it is something along those lines- it has no market value therefore it has no value.
that poses an interesting question- does your FLR drop wherever you hold XRP at the time they distribute? say you moved XRP across three exchanges that all support FLR drop. does the drop auto-distribute or does all of it land at one of the supporting exchanges?
yes it's all about the IMF and creating a new inexpensive, fast cross-border payment system worldwide. https://xrprightnow.com/imf-and-ripple-what-is-going-on/
XRP I am not holding this for a mere 10x-100x flip. we are talking once-in-a-lifetime opp if all goes as planned, at which point xrp will move from speculative-based value to immediate utility-based value. best case is it is changed to a wholesale utility token and assigned a proper mathematically-based value in the $10k range -which is it's original intent and design. xrp was never designed for retail.
lets say things don't go perfectly as planned and some 12 year old invents a better crypto for use as a world bridge currency than xrp- 'worst case', ok make a very nice flip profit. downside risk is minimal from these price levels in present crypto market cycle.
did you know that only 1% of all xrp wallets hold 60k or more xrp tokens? hardly anyone is in this yet even though it's pushing back up again towards $2. most retail has been flushed out. whales will be inbound once we firmly break the $2 mark and head towards ATH.
"IMO"
Stick with TD for OTC
$ZHUD awesome call on that
$XRP >>$10-$13<< bullish 1-2mo target
$XRP >>$3-$5<< conservative 1-2mo target.
$XRP 1.45 -did u forget to BTFD? ..smh..
$XRP 1.45 -getting ready to test resistance
$XRP 1.39
hit up Da Ghost, heard he was caddying again...
lolllzzzzzzzz
$XRP 1.35
considering the US is transitioning into a socialist / marxist country- yes it will become increasingly invasive. right now we just have the camel's ass poking into the tent. lol
$RETC 0082
yep- but which 1099 will they even use - K, B, Misc etc??? this is such a joke. but because of this joke, it does leave a lot of room for having things work out to your benefit.
Crypto tax in general: https://www.cryptotaxaudit.com/blog/An-Overview-of-Crypto-Taxes-In-The-US -short and to the point. With IRS it's all basically a clusterf^ck of non-clarity - but if you are sharp you can use this lack of clarity to your benefit, report properly, and minimize (or in some cases eliminate) any tax hit.
Spark air drop- A perspective on tax: https://www.cryptotaxaudit.com/blog/How-is-Ethereum-2-0-(ETH2)-Staking-Taxed-in-the-US --it's towards the bottom of article.