Are we excited yet?

That’s a good way to look at it in fairness. €50 at 12/1 is a nice bet.

..

Alts picking up alright, they all should get a rise once more rotate out of BTC. 2021 seems to be repeating itself.

Would seem to me real change is happening behind the scenes, Fiat is in a pickle and nations are stacking gold and silver, is BTC just a distraction to keep the public away from gold and silver?

Blackrock not really buying BTC, but are in cahoots with Coinbase to short BTC with "paper BTC" they don't hold the real thing

Meanwhile SWIFT, The DTCC and Wall street banks partnered up and using Chainlink, while the public buys a bit of BTC and sh1tcoins, large amounts of $LINK are released by Chainlink and gobbled up instantly yet price does not pump😏

Chainlink has multiple partnerships with massive implications, just one of these partnerships would make any other crypto moon, yet not Chainlink, very strange, could it be the price is being suppressed…………….until its not and boom! Moon shot.

It's based on first in, first out. The first x number of tokens you buy are deemed to be the ones sold.

Let's make it really simple. You bought 1000 coins at €1 each. They have now 5X and are worth €5 each.

At €5 a coin:

300 tokens = €1500

Cost of 300 tokens = €300

Capital Gain = €1200

Less Tax credit of €1270

Tax due = €0.

Yeah it's the total for that year. You declare it regardless even if you are under the 1270 you just don't pay anything.

But if you sold 1270 in March you wouldn't pay tax on that first batch.

But if you another 1000 in August. You would pay CGT on that second 1000 and so on.

If you sold 1270 once a year for 5 years you wouldn't pay any tax on it.

Not a problem — the FIFO rule applies as normal. Suppose you bought the coins in your example in the order that you set them ouot. Then you sell 0.3 of a coin. You'll be taken to have sold the 0.134 that you bought at €150, and the balance, 0.166, out of the 0.24 that you bought at €200, and your loss or gain will be calculated accordingly.

But who would wish to profit from so base a transaction?

Separating morons from their money, less to spend on guns.

I have a small bit invested in crypto, considering how volatile the whole market is, I don't know how people sleep at night when it could all go pear shaped over night, maybe I am too risk averse but I would struggle a lot in my head with big money invested.

It's not crypto but it feels like something people into crypto would be interested in, but who's following the GameStop drama and the updates from Roaring kitty aka DeepFuckingValue? It really feels like everything is coming true, after everyone making fun of it all and dismissing it without understanding

A fairly regular guy has essentially traded his way from $50k to half a billion $ net worth in 3 years, and is likely going higher. All against hedge funds trying to short the company to death. Easily one of the greatest trading stories in history, it's just unbelievable.

I still own a small few that I've held since 2021 purely as a "what if" bet, so it's very entertaining seeing all of this unfold. All the people on Reddit who were laughed at for their crazy theories are being proven right in the end.

Is this a case of advanced-stage TDS or a hatred for meme coins? Or both? 😉

Trump Derangement Syndrome.

The democrats have nailed their colours to the mast on this, Gary Gensler head of the SEC and Elizabeth Warren have gone after the crypto industry consistently. Trump was against it during the last election but flipped as he (or his advisors) realised it’s a big issue for young voters.

And maybe when he is in we can launch a "peace plan" coin and cash in.

Nice rise already. Especially on Render, Ondo and BEAM.

Great. Got into some alts at good prices. My Sol is up 20% in two weeks.