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/biz/ - Business & Finance

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20640850 No.20640850 [Reply] [Original]

Imagine if you put a huge stack into AMPL, and sold the rebased # until you broke even (that's like 10 days). After that, you make passive income everyday from doing nothing. If AMPL crashes to $1, you cash out the rest and sleep easy.

>> No.20640925
File: 65 KB, 972x776, 1581664845985.jpg [View same] [iqdb] [saucenao] [google]
20640925

are you aware that every rebase is a taxable event?

>> No.20640945

>>20640925
what are taxes fren? :)

>> No.20640959

Low IQ thread. Just buy and hold you pathetic trash.

>> No.20641183

>>20640850
Sell at a dollar. Wait, buy in at .5 dollars. Double your ampl stack. Watch it go back up to a dollar. Big profits on both sides.

>> No.20641212

>>20640925
>he is ever cashing out crypto. LOL
>not living in germany and just holding for 1 year.
ngmi.

>> No.20641224

>>20640925
U sure? I think its just counted as gains

Only taxable when you trade or sell

>> No.20641992

>>20640850
based

>> No.20642064

>>20641224
nope, its taxable, thats my problem with staking too.

>> No.20642487

>>20640925
How is a negative rebase handled, tax-wise?

>> No.20642755

>>20640925
>>20642064
this is FUD, it works like a stock split

>> No.20642797

>>20642064
do you fucking think they'll be able to track everyone's crypto staking/rebasing?

>> No.20642817

Can I store my AMPL on my eth wallet and still profit from rebases?

>> No.20642874

>>20642755
this, it works exactly like a stock split. You own the exact same amount of percentage of the total supply

>> No.20642961

>>20641212
>forgetting every single crypto to crypto trade is a taxable event.
NGMI

>> No.20643096

>>20640925
The rebase never actually occurs until you take an action. Check the chain there is no tx.

>> No.20643195

in russkiland noone pays taxes

>> No.20643254

>>20642817
Yes.

>> No.20643269

>>20642961
If you have a house, and it increase 1% per month, do you pay taxes on that 1% every month?

NO YOU DON'T

>> No.20643494

>>20643269
>didnt read what i wrote.
>comparing apples with pears.
NGMI

>> No.20643585

>>20642797
they dont have to, you have to provide it. kek

>> No.20643608

>>20640850
>passive income
How are the passive incomes generated?
What does this shittecoine do?

>> No.20643615

>>20642961
So what? Don’t cash out and hodl for another year

>> No.20643719

>>20641212
I would rather pay 90% tax than live near g*rmans

>> No.20643788

>>20643615
You still dont get it.
>You would have to buy BTC
>hold for 1 year
>Buy shitcoin
>hold for 1 year
if you dont do that every trade is taxable.

>> No.20643823

>>20640925
LMAO IMAGINE NOT KNOWING HOW TO DODGE THIS SHIT

>> No.20644024

Ampleforth is the next bitcoin

>> No.20644026

>>20641212
>>20643719

>not living in cyprus and not having a biz in belize
>0% taxes on any capital income
ngmi

>> No.20644118
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20644118

feeling comfy, gonna watch ask day and hopefully sell around 2.10, if not 2.0 will do. buy the inevitable ~1.75-1.80 rebase on the dot, and do it all over again like i have for 2 weeks (at different prices ofc)

>> No.20644835
File: 14 KB, 320x481, 1585762451805.jpg [View same] [iqdb] [saucenao] [google]
20644835

>>20644118
good luck anon, idk if we'll break 2.0 today but the momentum rn is nice

>> No.20644932
File: 57 KB, 832x563, AMPL_Median_30days.jpg [View same] [iqdb] [saucenao] [google]
20644932

>>20640850
Ampl average rebase is 11% in last 3- days

>> No.20644946

>>20644932
30 days

>> No.20645010

>>20643719
Pussy

>> No.20645064

>>20640850
This is literally Bitconnect tier marketing. If you fall for this ponzi scheme you will get financially raped at some point.

>> No.20645066

>>20640925
I dont think so, in any case holding tbe geyser you just hold univ2 tokens abd definitely dont pay tax on rebases when they happen even though youre getting them

>> No.20645325

>>20645064
> The highest volume DEX traded coin for 3 weeks in a row is a ponzi scheme.

> the CEO of Coinbase invested into a ponzi scheme

ampleforth.org/about (based in US, subject to US laws) made a ponzi scheme and decided to end up in prison JUST FOR LAUGHS

You are trying to buy lower, or it's actually your first day on /biz/ since migrating from r3dd1t.

>> No.20645349

>>20645064
A ponzi scheme you can cash out on? Holy fuck sign me up and literally everyone else because its actually legit.

>> No.20645386

Im at 0.03% of the supply and only want more of this beauty

>> No.20645402

>>20645386
I'm putting every penny I earn into it. Good on you for getting in early, 0.004% stacklet here.

>> No.20645459
File: 38 KB, 640x640, f57.jpg [View same] [iqdb] [saucenao] [google]
20645459

>>20645064
>he missed the boat
oh no, maybe next time anon

>> No.20645519

>>20645402
We’re gonna make it

>> No.20645576

>>20645459
The boat is still fucking here. This is actually a very stable and good long term investment. I'm buying in because I'm fine with riding the gains into the coming months.

>> No.20645726

seeing my portfolio value rise every day is a comfy feeling. Had I known about just 15 days earlier in May or June - I would have made it by now

>> No.20645738

WHY MONEY ISN'T BEING SENT TO MY ETH BUYING PLATFORM I SENT IT YESTERDAY I WANT TO BUY AMPL REEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.20645832

>>20645738
Yup I scrambled to convert 20k into crypto buying into this and it's the best decision I've ever made. You're still early, I mean that.

>> No.20645982

>>20641183
Buying under a dollar will hit you with negative rebases until price reaches 1$.The opposite is true for buying over a dollar.

This is effectively a supply/demand shock dampener and works exactly as a stablecoin should - conserving the relative value of your stack.

>> No.20646317
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20646317

>>20644835
you were saying?

>> No.20646452
File: 76 KB, 640x632, 1585759921911.jpg [View same] [iqdb] [saucenao] [google]
20646452

>>20646317
I stand corrected

>> No.20647211

>>20644932
this is fucking amzing desu

>> No.20647290

Swingies will never learn.

>> No.20647384

crazy how many bizlets are still falling for pyramid schemes in 2020

>> No.20647459
File: 120 KB, 668x897, AMPL5.jpg [View same] [iqdb] [saucenao] [google]
20647459

>>20647384
Crazy how you are missing out on making some serious capital.

>> No.20647482

>>20645982
And in less than 2 weeks the rebases are all gains

>> No.20647485

>>20647384
> satoshi motorolla is going to dump his bitcoin when it reaches $100, you're all fools buying useless internet tokens.

Thank you for the advice. Go chill in your pajeet "ethereum killer" token threads.

>> No.20647566
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20647566

>>20647384
people will get burned on this in the long run probably but i am fucking rolling in stacks right now. don't be too proud to profit off this easy ass pattern.

>> No.20647650
File: 103 KB, 750x732, EVNzMUoUMAEzkJ5.jpg [View same] [iqdb] [saucenao] [google]
20647650

>>20640925
Either I don't pay my taxes until Trump abolishs the FED. or by the time he's not president, I'll be in an earth integrated home, dig out of a hill, on a property in Maine I bought with cash, and start farming cannabis/tobacco/food/hemp organically

>> No.20647701

>>20645832
MY BANK DOESNT LET ME SEND 3000CAD cause it's "UNUSUAL". I am so fucking ANGRY

>> No.20647732

>>20647485
50k LINK here miss me with that pajeet shit

>> No.20647734

$3 by tonight bros we are in for a PHAT rebase

>> No.20647785

>>20647701
RBC?

>> No.20647840

>>20647701
Feel for you. Still early in the long run whether it clears today or next week.

>> No.20647881

>>20640850
goodness gracious me, buy this coin sir. yes please verlee good coin sir /headwobble

>> No.20647886
File: 57 KB, 364x1142, some dollars.jpg [View same] [iqdb] [saucenao] [google]
20647886

>>20640925
Portugal

>> No.20648098

>>20647732
>Im too dumb to understand the underlying economics so its a jeetcoin
Peak midwit

>> No.20648177

>>20647785
>>20647840
Tangerine. Solved, ETH sending to metaMask and about to SWAP

>> No.20648342

>>20648177
ANNNNND I bought 2200USD worth, not enough to make it but enough to be able to reinvest massively into the next nice projects.

>> No.20648390

should I keep it on metamask or move it into Ledger right now?

>> No.20648411
File: 345 KB, 670x578, 1595337172874.png [View same] [iqdb] [saucenao] [google]
20648411

im completely new to crypto.

AMPL seems to be shilled hard non-stop which makes me think it's a scam in some way shape or form

>> No.20648438
File: 701 KB, 1024x741, AMPL_Animals.png [View same] [iqdb] [saucenao] [google]
20648438

AMPL ANIMAL RANKING TIER [% OF MARKET CAP]
------------------------------------------
0.1% - APEX AMPLER - THE HUMPBACK HONCHO
0.08% - SALTWATER DOC CROC
0.05% - ORCA
0.03% - SILVERBACK GORILLA
0.02% - WHITE TIGER
0.01% - WOLF
0.005% - RHINOCEROS
0.0025% - BARN OWL
0.001% - ANACONDA
0.0005% - MUSKRAT
0.00025% - CHAMELEON
0.0001% - GRASSHOPPER
0.00001% - FUNGUS

>> No.20648464

>>20648411
DYOR

>> No.20648506

>>20648438
>0.001% - ANACONDA
fuck yeah
get a taste of my anaconda

>> No.20648513

There is no transaction during a rebase so it is not taxed you absolute retarded fudders lol... you always surprise me with how much you still can’t figure out on AMPL lol

>> No.20648601

>>20648411
I thought the same thing, I'm in a telegram group with thousands of boomers that are buying into this, if it was a pump and dump it's over now because whales can't suppress buy pressure.

>> No.20648605

We're still pumping wtf. Is it the whales coming back?

>> No.20648642

>>20648438
Shitty rhino reporting.

>> No.20648670

>>20648605
Some of the whales that dumped are in fact buying back in at a loss. Look at the Etherscan wallets.

>> No.20648702

>>20648513
Correct.

AMPL Taxing: You have to think of it in terms of market cap share, which will always remain constant. It's like buying a season ticket for a sports team in a stadium if the entire AMPL market cap was represented by all the seats. You can sell that seat for more or less depending on the demand.
Example:
>Spend $1000 for 0.01% market cap share
Example of each case:
>That 0.01% share is now worth $2000, you sell and now pay capital gains on $1000
OR
>That 0.01% share is now worth $500, you sell and take $500 in loss

>> No.20649382
File: 23 KB, 109x128, 20200724_104446.png [View same] [iqdb] [saucenao] [google]
20649382

>>20648411
Oh my god do you know how hard link has been shilled in the last 3 years
>>20648670
Music to my ears, this algorithms BTFO'S swingers like a dream come true. Let alone whale swings.

>> No.20649524
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20649524

I'm sorry but AMPLets have taken the high IQ meme about ampleforth way too far. Why can't we just frog/wojack shitpost? You fags sounds so fucking dumb "explaining shit", ffs if I have to scroll past another big brain copypasta I will seethe

>> No.20649528

>>20640925
Depends on where you live. In the UK crypto is only taxed when you "dispose" of it, ie trade for another coin or sell it for fiat.

>> No.20649573

The tax FUD means people are getting desperate if that’s really what they have to resort to. Imagine missing out on a incredible opportunity to make money because you’re scared about taxes lmao. Yes anons, the 10-15% you have to pay in tax will surely make the 500% you gained before that obsolete. It’s like if someone came up to you and offered you a winning power ball ticket but you declined because you didn’t wanna have to pay taxes on it, absolutely retarded logic

>> No.20649620

This thing is going to go below $1 this week sources tell me. Get wrecked BAGHOLDERS

>> No.20649807
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20649807

>> No.20649858

>>20648411
LINK was also shilled nonstop and look at it now

>> No.20650005

This is a gem !!!! All in anons

>> No.20650021

Was there anything that was discussed/shilled as hard as AMPL, ETH, LINK that didn't pan out? I feel like its better to read the overall excitement than the seperate threads.

>> No.20651199

>>20640850
I like it

>> No.20651231

>>20650021
I don't think so, also the memes coming out are topnotch, worthy to compare it to LINK marines.

>> No.20651426

>>20649573
People are concerned about the unironic life changing gains they will get from ampl, hence the tax fud. It’s genuine fear lmao

>> No.20651583

Wouldnt it just be capital Gains?
Like I put in 5000 took out 10000.
Pay tax on 5k capital gains?

Or; more like consumption tax...
Doesnt get taxed if it stays in Crypto land; is taxed when it is used for something physical (goods, services)?

Asking... dont live in USA; curious.

>> No.20651627

>>20651426
kek
true desu

>> No.20651704

>>20651583
thats how im gonna do it (if I ever do crypto taxes). you think some government tax cuck is gonna know about the intricacies of AMPL?

>> No.20651764

>>20651704
Honestly thing itll be based on Money in; Tax the capital gains.
Dont think the daild stuff will matter?
IM sure we will adventually hear from someone in the know; regarding taxation and AMPL

>> No.20651898

>>20643719
Portugal, Malta

>> No.20651987

>>20651704
This. FIFO (first in first out) if you ever do taxes, tax agencies took literally almost a decade to decide on how to tax BTC, they will take another for AMPL.

>> No.20652168

>>20651704
(((Hollywood))) brainwashed americans into thinking there is an elite taskforce of buff super soldiers assigned to every citizen, and when they try to cheat taxes, the helicopters start attacking their homes. Funny how anyone who declared any kind of crypto gains have been harrassed more than people who simply didn't.

>> No.20652258
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20652258

>>20648438
>tfw wolf

>> No.20652314

>>20640925
AAAAAAAAAAA WHAT THE FUUUUUCK I HAVENT BEEN TRACKING MY REBASES HOLY SHIT IM FUCKING SCREWED

>> No.20652383

Hypothetically couldn't you just wash all of your crypto through Monero before you cash out and nobody would be able to see your transactions?

>> No.20652432

>>20640925
are you fucking serious? wtf I am supposed to do now, I have no clue how much I got each day
cant I just call it an airdrop when I cash out?

>> No.20652502

>>20652383
Yes but if you ever try to sell a large enough amount on a centralized exchange you will be asked for a source of funds and/or moving it to any bank will raise eyebrows and they'll want to know where it came from.

>> No.20653100

all my shitcoins losing more than 90% of value have been converted to AMPL

AMPL is my lord and savior now

>> No.20653158

>>20652432
Ask your wifes boyfriend, he probably knows a guy who knows a guy who's a good accountant.

>> No.20653206

>>20652432
lmao no one will ever know how much you made in rebases. The cash out is the only thing that matters and is actually traceable.

>> No.20653218

>>20647701
thats cus ur a nigger, and that money prob came just last week from looting.

>> No.20653429

>>20645064
You poor midwit. Imagine how much more you’re going to hate yourself after AMPL hits 10B+ in MC. All you had to do was read the whitepaper and redbook.