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True!" Currency or Commodity " if its Traded then its Taxable ....at some point.
True!" Currency or Commodity " if its Traded then its Taxable ....at some point.
yeah, they dont talk about the crash to hehell, they only talk about when a coin hits ath. They love calling new idiots to keep the scam up. People should be very careful investing in cryptocoins right now, now is time to sell not to buy because when this thing crashes, you will not even be able to sell it high anymore by the time you decide to sell, its already down 50% and then you decide not to sell and then it keeps crashing, when you see is already down 90%, in 2018 the crash was 95% for most coins, in simple numbers, it crashed from 100 usd to 5 usd and the coin stays there for years before it goes up again.And after a while it will explode and then crash again and so on.
See, what some of these people that are maintaining this cycle are hoping is that eventually crypto will become the defacto type of currency and that event will catch them with a boatload of cash. What they wont accept however is that none of these coins will be used if or when that era begins, current implementations aren’t even close to being useable for technical reason let alone legal ones.
Crypto is still a commodity not a currency.
Anyway what’s particularly funny is how the pro crypto people come out of the woodwork every time a coin hits an all time record to boast about their gains and advantages and become oddly quiet after they inevitably crash. I wonder what’s the matter, is crypto not the future when you can’t make profit trading it for cash ?![]()
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Power Supply | Corsair RM850W |
yeah, they dont talk about the crash to hehell, they only talk about when a coin hits ath. They love calling new idiots to keep the scam up. People should be very careful investing in cryptocoins right now, now is time to sell not to buy because when this thing crashes, you will not even be able to sell it high anymore by the time you decide to sell, its already down 50% and then you decide not to sell and then it keeps crashing, when you see is already down 90%, in 2018 the crash was 95% for most coins, in simple numbers, it crashed from 100 usd to 5 usd and the coin stays there for years before it goes up again.
System Name | TheReactor / HTPC |
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Software | Windows 10 Pro 64bit |
If it's taxed then that means they're treating it as a commodity not a currency, like I said.
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Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
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I don't honestly see a justification to stop it beyond "can't get my gpus," which amounts to a distribution issue more than anything. Retailers need to figure out order limits and queueing...I hope the whole world does this. It needs to stop.
Yes, they do.yeah, they dont talk about the crash to hehell,
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Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
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System Name | Pioneer |
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Processor | Ryzen R9 7950X |
Motherboard | GIGABYTE Aorus Elite X670 AX |
Cooling | Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans... |
Memory | 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30 |
Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 |
I've never used crypto as anything but a money transmitter. Explain me.Anyway what’s particularly funny is how the pro crypto people come out of the woodwork every time a coin hits an all time record to boast about their gains and advantages and become oddly quiet after they inevitably crash. I wonder what’s the matter, is crypto not the future when you can’t make profit trading it for cash ?![]()
System Name | Silent |
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Processor | Ryzen 7800X3D @ 5.15ghz BCLK OC, TG AM5 High Performance Heatspreader |
Motherboard | ASUS ROG Strix X670E-I, chipset fans removed |
Cooling | Optimus AMD Raw Copper/Plexi, HWLABS Copper 240/40+240/30, D5, 4x Noctua A12x25, Mayhems Ultra Pure |
Memory | 32 GB Dominator Platinum 6150 MHz 26-36-36-48, 56.6ns AIDA, 2050 FLCK, 160 ns TRFC |
Video Card(s) | RTX 3080 Ti Founders Edition, Conductonaut Extreme, 18 W/mK MinusPad Extreme, Corsair XG7 Waterblock |
Storage | Intel Optane DC P1600X 118 GB, Samsung 990 Pro 2 TB |
Display(s) | 32" 240 Hz 1440p Samsung G7, 31.5" 165 Hz 1440p LG NanoIPS Ultragear |
Case | Sliger SM570 CNC Aluminium 13-Litre, 3D printed feet, custom front panel with pump/res combo |
Audio Device(s) | Audeze Maxwell Ultraviolet, Razer Nommo Pro |
Power Supply | SF750 Plat, transparent full custom cables, Sentinel Pro 1500 Online Double Conversion UPS w/Noctua |
Mouse | Razer Viper Pro V2 Mercury White w/Tiger Ice Skates & Pulsar Supergrip tape |
Keyboard | Wooting 60HE+ module, TOFU Redux Burgundy w/brass weight, Prismcaps White & Jellykey, lubed/modded |
Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
Benchmark Scores | Legendary |
False. The big holders of BTC buy up all the coins sellers like you dump at the first sign of a crash. Look back a few years and you will see that the trend is ever upwards, this isn't going to change now that it has gone legit and mainstream.yeah, they dont talk about the crash to hehell, they only talk about when a coin hits ath. They love calling new idiots to keep the scam up. People should be very careful investing in cryptocoins right now, now is time to sell not to buy because when this thing crashes, you will not even be able to sell it high anymore by the time you decide to sell, its already down 50% and then you decide not to sell and then it keeps crashing, when you see is already down 90%, in 2018 the crash was 95% for most coins, in simple numbers, it crashed from 100 usd to 5 usd and the coin stays there for years before it goes up again.
I trade since 2011, traders know who I'm, I know what I'm talking about it here, you must check charts and history of bitcoin then you will understand what I'm saying it here.False. The big holders of BTC buy up all the coins sellers like you dump at the first sign of a crash. Look back a few years and you will see that the trend is ever upwards, this isn't going to change now that it has gone legit and mainstream.
System Name | Silent |
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Processor | Ryzen 7800X3D @ 5.15ghz BCLK OC, TG AM5 High Performance Heatspreader |
Motherboard | ASUS ROG Strix X670E-I, chipset fans removed |
Cooling | Optimus AMD Raw Copper/Plexi, HWLABS Copper 240/40+240/30, D5, 4x Noctua A12x25, Mayhems Ultra Pure |
Memory | 32 GB Dominator Platinum 6150 MHz 26-36-36-48, 56.6ns AIDA, 2050 FLCK, 160 ns TRFC |
Video Card(s) | RTX 3080 Ti Founders Edition, Conductonaut Extreme, 18 W/mK MinusPad Extreme, Corsair XG7 Waterblock |
Storage | Intel Optane DC P1600X 118 GB, Samsung 990 Pro 2 TB |
Display(s) | 32" 240 Hz 1440p Samsung G7, 31.5" 165 Hz 1440p LG NanoIPS Ultragear |
Case | Sliger SM570 CNC Aluminium 13-Litre, 3D printed feet, custom front panel with pump/res combo |
Audio Device(s) | Audeze Maxwell Ultraviolet, Razer Nommo Pro |
Power Supply | SF750 Plat, transparent full custom cables, Sentinel Pro 1500 Online Double Conversion UPS w/Noctua |
Mouse | Razer Viper Pro V2 Mercury White w/Tiger Ice Skates & Pulsar Supergrip tape |
Keyboard | Wooting 60HE+ module, TOFU Redux Burgundy w/brass weight, Prismcaps White & Jellykey, lubed/modded |
Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
Benchmark Scores | Legendary |
Processor | Ryzen 7800X3D -30 uv |
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Motherboard | AsRock Steel Legend B650 |
Cooling | MSI C360 AIO |
Memory | 32gb 6000 CL 30-36-36-76 |
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Power Supply | Corsair RM850W |
![]()
The False Narrative Of Bitcoin’s Role In Illicit Activity
The majority of cryptocurrency is not used for criminal activity. According to an excerpt from Chainalysis’ 2021 report, in 2020, criminal activity only represented .34% of all cryptocurrency transaction volume.www.forbes.com
System Name | Silent |
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Processor | Ryzen 7800X3D @ 5.15ghz BCLK OC, TG AM5 High Performance Heatspreader |
Motherboard | ASUS ROG Strix X670E-I, chipset fans removed |
Cooling | Optimus AMD Raw Copper/Plexi, HWLABS Copper 240/40+240/30, D5, 4x Noctua A12x25, Mayhems Ultra Pure |
Memory | 32 GB Dominator Platinum 6150 MHz 26-36-36-48, 56.6ns AIDA, 2050 FLCK, 160 ns TRFC |
Video Card(s) | RTX 3080 Ti Founders Edition, Conductonaut Extreme, 18 W/mK MinusPad Extreme, Corsair XG7 Waterblock |
Storage | Intel Optane DC P1600X 118 GB, Samsung 990 Pro 2 TB |
Display(s) | 32" 240 Hz 1440p Samsung G7, 31.5" 165 Hz 1440p LG NanoIPS Ultragear |
Case | Sliger SM570 CNC Aluminium 13-Litre, 3D printed feet, custom front panel with pump/res combo |
Audio Device(s) | Audeze Maxwell Ultraviolet, Razer Nommo Pro |
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Keyboard | Wooting 60HE+ module, TOFU Redux Burgundy w/brass weight, Prismcaps White & Jellykey, lubed/modded |
Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
Benchmark Scores | Legendary |
Processor | Ryzen 7800X3D -30 uv |
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Motherboard | AsRock Steel Legend B650 |
Cooling | MSI C360 AIO |
Memory | 32gb 6000 CL 30-36-36-76 |
Video Card(s) | MERC310 7900 XT -60 uv +150 core |
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Power Supply | Corsair RM850W |
We'll see. It's already being taxed here in the UK and investors are still hot on it. Maybe in USA you will overtax it but all that will do is move opportunities overseas, as has been happening for decades now. Have fun with your new president.
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Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 |
Don't see why. They can use it too. Heck, they can make their own brand, backed by the same thing that backs the dollar or the pound: the wealth of the state.hate to break it to you, but all world governments will eventually feel threatened by cryptocurrency
System Name | Silent |
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Processor | Ryzen 7800X3D @ 5.15ghz BCLK OC, TG AM5 High Performance Heatspreader |
Motherboard | ASUS ROG Strix X670E-I, chipset fans removed |
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Video Card(s) | RTX 3080 Ti Founders Edition, Conductonaut Extreme, 18 W/mK MinusPad Extreme, Corsair XG7 Waterblock |
Storage | Intel Optane DC P1600X 118 GB, Samsung 990 Pro 2 TB |
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Audio Device(s) | Audeze Maxwell Ultraviolet, Razer Nommo Pro |
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Keyboard | Wooting 60HE+ module, TOFU Redux Burgundy w/brass weight, Prismcaps White & Jellykey, lubed/modded |
Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
Benchmark Scores | Legendary |
They already are using it and investing heavily.Don't see why. They can use it too. Heck, they can make their own brand, backed by the same thing that backs the dollar or the pound: the wealth of the state.
The bitcoin of today may not be the useful currency of the future, but I can promise you, someone will always be a buyer. It isn't the end game but nor is it worthless. It's a beta test.
Processor | Ryzen 7800X3D -30 uv |
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System Name | money pit.. |
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countries have a simple problem lynx they are running out of money.. to keep going they print more.. modern monetary theory or the magic money tree..Let's see what regulations Yellen and IMF chief pass, then get back to this conversation.![]()
Processor | Ryzen 7800X3D -30 uv |
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Motherboard | AsRock Steel Legend B650 |
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Memory | 32gb 6000 CL 30-36-36-76 |
Video Card(s) | MERC310 7900 XT -60 uv +150 core |
Display(s) | NZXT Canvas IPS 1440p 165hz 27" |
Case | NZXT H710 (Red/Black) |
Audio Device(s) | HD58X, Asgard 2, Modi 3 |
Power Supply | Corsair RM850W |
countries have a simple problem lynx they are running out of money.. to keep going they print more.. modern monetary theory or the magic money tree..
quite how it all ends nobody knows but they all know it aint gonna end well..
bitcoin is seen as being outside of all this.. which is why big money is flowing into it.. its seen as an alternative to gold..
golds market cap is in trillions.. bitcoins in billions.. it wont take much money movement from gold to bitcoin to send the price of bitcoin to the moon.. whoosh..
trog
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Memory | 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30 |
Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 |
System Name | Silent |
---|---|
Processor | Ryzen 7800X3D @ 5.15ghz BCLK OC, TG AM5 High Performance Heatspreader |
Motherboard | ASUS ROG Strix X670E-I, chipset fans removed |
Cooling | Optimus AMD Raw Copper/Plexi, HWLABS Copper 240/40+240/30, D5, 4x Noctua A12x25, Mayhems Ultra Pure |
Memory | 32 GB Dominator Platinum 6150 MHz 26-36-36-48, 56.6ns AIDA, 2050 FLCK, 160 ns TRFC |
Video Card(s) | RTX 3080 Ti Founders Edition, Conductonaut Extreme, 18 W/mK MinusPad Extreme, Corsair XG7 Waterblock |
Storage | Intel Optane DC P1600X 118 GB, Samsung 990 Pro 2 TB |
Display(s) | 32" 240 Hz 1440p Samsung G7, 31.5" 165 Hz 1440p LG NanoIPS Ultragear |
Case | Sliger SM570 CNC Aluminium 13-Litre, 3D printed feet, custom front panel with pump/res combo |
Audio Device(s) | Audeze Maxwell Ultraviolet, Razer Nommo Pro |
Power Supply | SF750 Plat, transparent full custom cables, Sentinel Pro 1500 Online Double Conversion UPS w/Noctua |
Mouse | Razer Viper Pro V2 Mercury White w/Tiger Ice Skates & Pulsar Supergrip tape |
Keyboard | Wooting 60HE+ module, TOFU Redux Burgundy w/brass weight, Prismcaps White & Jellykey, lubed/modded |
Software | Windows 10 IoT Enterprise LTSC 19053.3803 |
Benchmark Scores | Legendary |
Lynx is right in that money isn't just something you mine, exhaust, and run out of anymore. It's far more complicated than that. We did away with the gold standard. Bitcoin is a throwback to that, not vice versa, and it's making a lot of the same mistakes, it's just easier to understand (economically speaking) and that helps it. It doesn't mean it's the future. I believe what makes it the future is more in it's eagerness to embrace online trading with no middleman.
Processor | Ryzen 7800X3D -30 uv |
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Motherboard | AsRock Steel Legend B650 |
Cooling | MSI C360 AIO |
Memory | 32gb 6000 CL 30-36-36-76 |
Video Card(s) | MERC310 7900 XT -60 uv +150 core |
Display(s) | NZXT Canvas IPS 1440p 165hz 27" |
Case | NZXT H710 (Red/Black) |
Audio Device(s) | HD58X, Asgard 2, Modi 3 |
Power Supply | Corsair RM850W |
Lynx is right in that money isn't just something you mine, exhaust, and run out of anymore. It's far more complicated than that. We did away with the gold standard. Bitcoin is a throwback to that, not vice versa, and it's making a lot of the same mistakes, it's just easier to understand (economically speaking) and that helps it. It doesn't mean it's the future. I believe what makes it the future is more in it's eagerness to embrace online trading with no middleman.
System Name | Pioneer |
---|---|
Processor | Ryzen R9 7950X |
Motherboard | GIGABYTE Aorus Elite X670 AX |
Cooling | Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans... |
Memory | 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30 |
Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 |
I agree. I just don't see the tax as lethal to it.and this is exactly why Yellen and IMF chief want it heavily regulated and taxed more. so yes Bitcoin will exist, but it will be taxed more, I assure you that.
Processor | Ryzen 7800X3D -30 uv |
---|---|
Motherboard | AsRock Steel Legend B650 |
Cooling | MSI C360 AIO |
Memory | 32gb 6000 CL 30-36-36-76 |
Video Card(s) | MERC310 7900 XT -60 uv +150 core |
Display(s) | NZXT Canvas IPS 1440p 165hz 27" |
Case | NZXT H710 (Red/Black) |
Audio Device(s) | HD58X, Asgard 2, Modi 3 |
Power Supply | Corsair RM850W |
I agree. I just don't see the tax as lethal to it.
System Name | Pioneer |
---|---|
Processor | Ryzen R9 7950X |
Motherboard | GIGABYTE Aorus Elite X670 AX |
Cooling | Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans... |
Memory | 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30 |
Video Card(s) | XFX RX 7900 XTX Speedster Merc 310 |
Storage | 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs |
Display(s) | 55" LG 55" B9 OLED 4K Display |
Case | Thermaltake Core X31 |
Audio Device(s) | TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED |
Power Supply | FSP Hydro Ti Pro 850W |
Mouse | Logitech G305 Lightspeed Wireless |
Keyboard | WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps |
Software | Gentoo Linux x64 / Windows 11 |
Unsure if they can't exist side by side.I do, Yellen knows she has to make the tax on it high enough to make sure it can't undermine fiat in the long run.
Processor | Ryzen 7800X3D -30 uv |
---|---|
Motherboard | AsRock Steel Legend B650 |
Cooling | MSI C360 AIO |
Memory | 32gb 6000 CL 30-36-36-76 |
Video Card(s) | MERC310 7900 XT -60 uv +150 core |
Display(s) | NZXT Canvas IPS 1440p 165hz 27" |
Case | NZXT H710 (Red/Black) |
Audio Device(s) | HD58X, Asgard 2, Modi 3 |
Power Supply | Corsair RM850W |
Unsure if they can't exist side by side.
I am pro taxation, but only as far as it's used for earnings. Mining, investing, and such should be taxed (potentially very heavily) But using it to merely pay for items should not.