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Recent Posts

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1
Meme Coins / Re: I do hear about PEPE
« Last post by SmartGold01 on Today at 05:00:49 PM »
Well from the information I have been hearing concerning pepe I have beginning to gain interest on it because lot of people were speculating that pepe coin will be the next bomb unlike shabi and dogecoin. These two coin i made mention always comes to my heart when i recall them because as then someone told me to buy and hold with just 5k my local currency then i didn't know much about space people made thousands of dollars and i was regretting for not taking the bold steps then. This curiosity made me to come create this topic to seek people's opinion if could invest on Pepe coin.

I consider the Pepe coin only as a good tool for trading but not for holding for months, this coin is very volatile and it is only supported by noisy news from influencers who simply raise the rate for a while and sell their coins, it is also profitable for traders to trade this coin in the short term, during It’s time for such pumps, but I wouldn’t advise anyone to buy this coin for long-term holding.
You are correct we should understand that memecoin are most hyped and those who doesn't know about them could fall victim since there whale controlling it, usually a coin like this are often being manipulated by traders. Last week there or earlier when I created this topic a new came that someone lost all his investment on pepe thereabout I could give that news attention anyway since I don't want what would keep me thinking
2


In Sweden, a significant development has occurred in the cryptocurrency mining sector. 21 Crypto mining firms are facing a substantial tax bill totaling $90 million (approximately 900 million SEK) following a meticulous audit by the Swedish Tax Agency. This audit scrutinized the tax reporting practices of crypto mining businesses, potentially uncovering discrepancies in how income and expenses have been declared.

The reasons behind this hefty tax bill could be multifaceted. Firstly, the Swedish Tax Agency likely views crypto mining as a business activity, which would make earnings from mining subject to corporate income tax. Additionally, there may have been instances where miners underreported their earnings or failed to declare them altogether. Another factor could be the application of Value Added Tax (VAT) on the electricity used for mining operations, which adds another layer of financial obligation for the miners.

continue reading...
https://www.cryptocrit.xyz/2024/04/Crypto-tax-in-Sweden.html
3
Gambling discussion / Re: How did the gambling life Start?
« Last post by Litzki1990 on Today at 04:57:50 PM »
My gambling life basically started in the lottery side, I used to play massive lotteries in the real world. So tell us a detailed story of how you first entered into victory. And at present I am chiefly occupied with cricket, football, and Jackpot, I am present to gamble for a long time without becoming addicted. So how did your gambling life begin?
Winning the lottery depends entirely on your luck. The fact that you got some lottery results in your favor means I'd say you're lucky because I haven't got my name in any of the lotteries I've won so far. I'm not a big believer in gambling that depends directly on luck, but I'll accept gambling where my results depend somewhat on my skill. Because I never want to lose all money depending on my luck at least.
4
Economics , Sociology & Politics / Re: Gold and Bitcoin
« Last post by emmybd on Today at 04:55:17 PM »
Gold has always been one of the best assets to have. Many countries have also been holding gold as a reserve. It has always been considered as a reliable asset. There is no match between gold and bitcoin. Because bitcoin is quite new, a lot of people have not heard about it yet. So Bitcoin has a long way to go to be considered a safe asset.
5
Gambling as a whole is based on luck, and for the gamblers, I think you win only when your luck shines, doe some casinos has been modernized and they've added some new features to it l, but it still won't change the fact that gambling is based on luck.
Gambling is only profitable to the government, because of the taxes they collect.

Holly truth! For most, it’s entertainment, for the lucky few, a profit, and for governments, a source of tax revenue. The key for players is to enjoy the fun responsibly.
Yes gambling is only for entertainment, gambling should never be seen as a way to make money. If a gambler considers gambling as a means of earning money, he will suffer more and become addicted. Gambling should always be taken responsibly and never taken lightly. But some people are lucky enough to hit the jackpot and change their lives, but the number is very small. But yes it's true that the government gets a lot of money from your bets and taxes on companies. You should use a fixed budget of income for gambling and participate in gambling just for fun so you will be fine.
It is really just that for fun but the wrong thing for most people is that they do really do it for the sake of money and this is why they do mess up their lives because of that kind of mindset.
Its really that too bad for you to think about being profitable because you would be finding yourself that being too desperate and this is where you should really be having that kind of realization that you shouldnt really be doing this. Gamble for fun and not for money but in speaking about on other side about being profitable then those casinos are the ones who do make money.
If you are lucky enough then you could make money but of course its not something that you should be confident on achieving into.
Of course, when you think that gambling is profitable and you dive into gambling to make a fortune, you will end up the other way which is in a great loss, and you will be lucky if you are not addicted. This is why in whatever that we are going through, we should not see gamble as something we can use to console ourselves or to pass time, because it can lead to addiction. Only gamble for fun, and enjoy the game without thinking of profit, but just fun.
6
Cryptocurrency discussions / Re: Again, Don't Ignore Security
« Last post by Lucius on Today at 04:47:29 PM »
If nearly everyone knows all about security measures. If this info is being repeated basically daily on all large crypto forums and in article on numerous webpages, why people still get into troubles? Why people still lose their money? Still keep importand files on emails or desktop, still use qwerty123 like passwords and etc. Some even repeat mistakes and lose their money several times. I have been thinking about this and still havent found any explanation for reckless actions.

In general, how many people are active on the forums or read anything? I think that this is a very small percentage of people and that the majority of those who invest in cryptocurrencies have very limited knowledge, even of the basics of computer literacy.

It should be taken into account that education systems differ greatly from country to country, or perhaps even from continent to continent. In some countries like India, many are uneducated because there simply aren't enough schools, and in one documentary I heard the information that that country should build one new school every 10 minutes to provide everyone with an education.

Of course, even those who are educated are often careless and rash, and when we consider that scammers use the possibilities of the internet to target their targets anytime and anywhere, then it is logical that many will fall into at least one of the countless traps they set.
7
Contacted tech support with a question, promptly received an answer and help
8
In fact, it is much broader than the Musk project.

It has always been!
Because basically, Dogecoin has its own characteristics to be used as a transaction tool, one of them. and also as a meme coin which is the most important and trendsetter.

Dogecoin has all the characteristics of Bitcoin except the supply change, which is an infinitesimal increase compared to all the coins already minted.
Completely different for other meme coins doge has 99% usage and 1% things about meme, the other coins are all about trends, they have zero whatsoever daily life use, dogecoin is accepted everywhere and nobody laughs at getting paid in doge. Do that with puppydogmilkconfetti token!

That's right, Doge is very special because Doge is the pioneer of all the meme coins that currently exist. Imagine that previously Dogecoin didn't have many fans until Elon Musk started giving full support to Dogecoin and made the price rise to very expensive.

Not true!
Musk's first tweet about dogecoin was in 2019, dogecoin has always been a top 20 coins even before that:
https://coinmarketcap.com/historical/20170101/


Still mining it. I think it is the best coin for long term mining.
9
First and foremost, I believe that this bull market will likely be the final massive one in the crypto. At this point, I think you will agree with me that regulation is almost unavoidable.
What regulation? There is no regulation that limits the price of Bitcoin and altcoins. No one and no institution control the price growth of Bitcoin and altcoins. So, it is impossible to predict that it is the final bullrun season. I think the bullrun season will repeat in almost the same scheme because we already make it as habits. Another reason is about halving that always happens every 4 years.

10
Crypto Wallets / Transferring coins between platforms/wallets
« Last post by Daiana on Today at 04:32:46 PM »
I've recently bought some MKR (MakerDAO's governance token) through Kraken. However, I can't connect Kraken to MakerDAO's voting platform. Can I transfer my MKR from Kraken to my MetaMask wallet without having to sell and rebuy? I bought the MKR at a higher price, so selling now would mean taking a loss. I'd love to participate in MakerDAO governance with the MKR I have. Any advice?
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