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/biz/ - Business & Finance

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8317768 No.8317768 [Reply] [Original]

I just did some calculations on the EOY price of LINK , based on models I used for ETH, NEO and ADA. Unfortunately I need to tell you that no more than 46.7$ is possible by end of year 2018

Sorry fellow marines :(

>> No.8317814

LINK will break all current metrics. No market cap or volume calculation apply to LINK.

>> No.8317849

>>8317768
SAD NEWS?

46 bucks would be goddamn incredible. i would have 6 figures. please kek. please let this happen.

>> No.8317866

>>8317849
The intial /biz model stated 100-1000$. Sadly I must lower this number by a lot :(

>> No.8317870

>>8317768
kek no one here would be fucking sad if it hit $46 'only'

>> No.8317876

>>8317768
I would have half a mill, not even worried op

>> No.8317893

>>8317849
Cut 40% off the top for taxes though.

>> No.8317901

I'd have a quarter million dollars so, not too shabby tbqh

>> No.8318016

>>8317768
This would still make me nearly 5 million

>> No.8318030

>>8317768

I’d have 4.6 million dollars

>> No.8318039

>>8317893
Lol implying you’re in that tax bracket

>> No.8318049

>>8317893
don't gotta pay taxes if you reinvest that money into business expenses

>> No.8318077

>>8318016
I am looking at numbers to 74-95$ by 2020, not including LINK NODES dividends fees

>> No.8318080

>>8317814
This.

LINK cannot be predicted by the past. it is beyond comprehension of most people.

>> No.8318813
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8318813

>>8317768
bad news

>> No.8318831

>>8317893
Those with the most iron hands will soon be able to invoke the long-term capital gains tax rate

>> No.8318980

>>8318831
isn't that still like 35%? or is it 25? it's still a fuck ton of cut.

>> No.8319044

>>8318980
Pay the man or always keep looking over your shoulder

>> No.8319069

>>8319044
I probably will, but I wish it wasn't such a crazy high %

>> No.8319089

>>8319069
Just say 16k was a gift. You don’t need any proof under 16

>> No.8319133

>>8319089
I'm going to need a lot of "gifts" to buy that house I want.

>> No.8319152

>>8319133
Every little bit helps

>> No.8319193
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8319193

>>8319152
how many "gifts" can you get in a year? Like... what's the realistic shit on this? What's the actual law? I never heard of this.

>> No.8319296

I only have 6500 Link but no other coin will I still make it?

>> No.8319308

>>8319193
16k. I’ll ask my brother when he gets home he’s the accountant

>> No.8319331

>>8317893
>selling at anything less than $1000

kys

>> No.8319349

>>8318077
hey not trying to fuck up the thread but do you think you could qualify running a node as a business expense?

reasonable or brainlet?

>> No.8319375

I'd be a multi-millionaire. Can't happen, I'm a faggot.

>> No.8319388

>>8319349
well yes, but all profits are taxable in a business. But you could buy node hardware as a business expense of course and so on

>> No.8319440

>>8319388
Lunches could be business expenses

>> No.8319501

>>8319388

Be that as it may, it would be relatively hard for the guvment to track each fresh allocation reward IN link from staking IN a node. I may be wrong but wouldn't you just be able to claim the expenses on tax while only admitting to or withdrawing a small portion of your actual profit on paper?

>> No.8319544

>>8319501
Sounds like a great way to get fucked. Never can go wrong being honest

>> No.8319550

>>8319440
So could hookers, might as well add cocaine to the list while you're at it

>> No.8319661

>>8317768
I just did some calculations and that would put them at just under 16.9 billion market cap. You faggots really believe it's going to surpass LTC and almost catch up to BCH (both current MC, granted) by EOY?

>> No.8319685

>>8319440
If you keep meticulous records, a lot of things could be "business expenses." The tax code in the USA can be used to keep your "business" taxes as low as possible, provided you aren't an idiot. You can write off food, all equipment costs, vehicle, gas, housing (as office and storage space), travel, utilities, computer etc. costs as long as you can provide receipts and a convincing story that you paid for those things in order to do business. An old boss paid 2% effective tax being a jew like this. Audited 3 times and was cleared every single time because of recordkeeping.

>> No.8319707

>>8319661
Do not see why it couldn't, it's use case is far greater than LTC

>> No.8320524

Link threads are spam and should be reported as such.

>> No.8320630

I would have 10 million dollars so that's fine

>> No.8320659

>>8319661
LTC and BCH have no reason for a valuation that high, they're "just" currencies and not an established store of value like BTC

>> No.8320694

>>8319707
>>8320659
Fair enough. I just think too many things have to happen before you'll see that kind of price increase by EOY. Maybe the end of 2019

>> No.8320697

What will I do with only half a million dollars ;(

>> No.8320698

>>8317814
this

>> No.8321246

>>8317768

So based on your model, what is NEO's price EOY?

>> No.8322257

>>8320659
LTC has a very aggressive dev team, it’s going to have a bright future.

>> No.8322308

>>8320694
You're ignorant. Who cares what you think?

>> No.8322509

>>8317768
I'll be a millionaire

>> No.8322959

>>8319044
This...no statute of limitations on tax evasion. And the proof of your purchase, and sale, is forever listed in the immutable blockchain.