Cryptocurrency mega-thread

[LongBombFromOutside50]

This will bring about regulation at a faster rate into crypt.

Which will in turn lead to more money that's been sitting on the sidelines waiting for it into the market.

What makes you say that?


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[Bostonian]

What makes you say that?


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Because plenty of investors like the relative safety of the stock market.

They won't enter crypto until it feels a hell of a lot less volatile than it is now.

Only regulation will bring that about in their eyes.

 

[Kanga Commando]

Because plenty of investors like the relative safety of the stock market.

They won't enter crypto until it feels a hell of a lot less volatile than it is now.

Only regulation will bring that about in their eyes.

Tether is being exposed for fraud, and binance is stopping withdrawals.

edit - not my account btw.

 

[Bostonian]

Tether is being exposed for fraud, and binance is stopping withdrawals.

edit - not my account btw.

Not Tether. Tether is USDT

UST is Luna's not so stable coin.

 

[Kanga Commando]

Not Tether. Tether is USDT

UST is Luna's not so stable coin.

i get they are separate. thats the point.

 

[MSB ROYS]

Holy shit, Luna bulls are ****ed!

 

[MSB ROYS]

Hope some of you shorted Luna!

 

[Ghost Patrol]

Bought some depegged UST around lunch time, up 25% already lol

 

[The Dice Man]

Lost half my remaining Luna overnight whilst I slept. Was borrowing on Anchor for ANC

On the positive side I took profits into stable coins at $111, $103 and $74.

 

[Ghost Patrol]

Reckon Luna will fly once UST regains it's peg.

 

[Shupe]

How are you Shupe? Have you still got trust in LUNA long term?

Went down to my local Maccas this morning.

 

[BACCS]

Reckon Luna will fly once UST regains it's peg.

Maybe short term, but that project lost a lot of trust today and the sentiment I’m getting on CT is that De Kwon has pissed off a lot of powerful people. I mean ****, LUNA capitulated as hard as when a random BSC dog coin rugs.

 

[dustysnecktattoo]

Entire crypto market going to sink below 2018 levels soon

 

[MSB ROYS]

Maybe short term, but that project lost a lot of trust today and the sentiment I’m getting on CT is that De Kwon has pissed off a lot of powerful people. I mean fu**, LUNA capitulated as hard as when a random BSC dog coin rugs.

Like this:

 

[Ohh Ok]

There is some software online that can help process the data from exchanges for you (including DEXs), I've found Koinly the best to use. These websites can then generate a report for you to file at tax time. Staking and swing trading is easy enough for most software to process, NFTs I've found a bit harder and this takes a bit of manual calculation on top of what the software can do automatically.

I've forgot about NFTs.. luckily I have resold any, so they can wait for another time. Am I right to assume that sending eth to metamask is a taxable event?

 

[dustysnecktattoo]

Meta mask is how to lose money

 

[BACCS]

I've forgot about NFTs.. luckily I have resold any, so they can wait for another time. Am I right to assume that sending eth to metamask is a taxable event?

Well yes, technically any transaction fee is taxable, but it is a tax offset event. There is software like Koinly that calculate this type of stuff automatically.

 

[BACCS]

Meta mask is how to lose money

Just don't click on any random links, random emails etc and you will be fine. If it looks too good to be true, then it is!

 

[BACCS]

LUNA down another 40%+ today, ****

 

[dustysnecktattoo]

Just don't click on any random links, random emails etc and you will be fine. If it looks too good to be true, then it is!

Metamask itself and its fees are ridiculous avoid at all costs

 

[dustysnecktattoo]

LUNA down another 40%+ today, fu**

Very anti sentiment towards Luna now doubt they recover

 

[Gigantic]

Thank **** I sold LUNA a few months ago at $90.

Just about most my holdings are down big, but don't think I'd have been able to cop LUNA down 80%.

 

[BACCS]

Metamask itself and its fees are ridiculous avoid at all costs

The fees are on the Ethereum network, Metamask is just a wallet

 

[BACCS]

Thank fu** I sold LUNA a few months ago at $90.

Just about most my holdings are down big, but don't think I'd have been able to cop LUNA down 80%.

I'm very tempted to open up a long on LUNA from these levels, I think it will bounce temporarily at some stage

 

[dustysnecktattoo]

I'm very tempted to open up a long on LUNA from these levels, I think it will bounce temporarily at some stage

Looking like a bad idea