1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[the bossman]

How is crypto taxed? Is it like stock when you take gains before holding for 6 months?

Do you only get taxed after you take profits when converting it to USD?

It is capital gains tax. But unfortunately it's not as simple as getting taxed only when you cash out. Anytime you sell one crypto for another its considered a taxable event.

https://www.forbes.com/advisor/investing/cryptocurrency-taxes/

 

[Supa]

I didn't even think about gaming for this...

That was basically the original use case.

 

[NotaPAWG]

It is capital gains tax. But unfortunately it's not as simple as getting taxed only when you cash out. Anytime you sell one crypto for another its considered a taxable event.

https://www.forbes.com/advisor/investing/cryptocurrency-taxes/

I need to stop converting my god

 

[NotaPAWG]

fukking Loom yo



I can’t believe I bought this shyt at pennies for shyts and giggles

 

[Brolic]

Thoughts?

 

[SoSoSlick]

BNB is

 

[OneTimeforTheMind]

BNB is

CZ da Gawd got usceatin!

 

[GoFlipAPack]

CZ da Gawd got usceatin!

Why's BNB jumping the last few days breh?

 

[(ALi)]

Brehs at this rate will BNB increase or do you see a price correction?
Not sure if I should get in since its exploded or wait for a dip.

 

[Olmec]

anyone hop on the bitcoin etf?

can't wait for coinbase to ipo

 

[Houston911]

I had a good number of Bnb that I had to dump when binance banned the USA

 

[calixprynce]

anyone hop on the bitcoin etf?

can't wait for coinbase to ipo

I’m tryna get into bitcoin options

 

[the bossman]

 

[heisenburrr]

Content is king online, if a site/platform emerges that integrates what's going on with NFTs in a way that makes sense for content creators and artists to adopt, it would be disruptive.

Why post your content on Facebook, IG, Twitter or whatever else for attention and likes, when you could post it on a site that compensates you in a way that no other platform is currently doing? This isn't some overnight switch, of course, but it's interesting and something worth paying attention to IMO.

i dont think you understand what NFTs do

 

[OneTimeforTheMind]

I had a good number of Bnb that I had to dump when binance banned the USA

Sorry man