Cryptocurrency market trends II

[Testo 21]

No, US and other states tried to fight against cryptos, even introducing policies against it. For example Monero is widely used even though US and many Western states are trying to crack down on centralized exchanges that uses it. I don't think anyone can now trade on Monero on centralized exchanges in the EU.

Only gov can make this kind crypto system.

If not US, other countries can.

 

[Aurelian]

Only gov can make this kind crypto system.

If not US, other countries can.

Systems are made by people, skilled engineers and enthusiasts, the operating system that this site and many other run on is made by a college student in 1990's. Monero is open source you can check the code and white paper by yourself.

 

[Aurelian]

Almost 100k

 

[Frangipane]

£24,000 tax per £100,000.

I hate the UK with a burning passion.

 

[Aurelian]

£24,000 tax per £100,000.

I hate the UK with a burning passion.

You can spend the money else where

 

[Frangipane]

You can spend the money else where

the moment you sell coinbase notifies the government here in the UK.

 

[Frangipane]

I feel like a lot of somalis hold crypto but no one will ever mention it lol. I totally get it, I do it too. Why would you tell anyone? Unless you're a ciyaal or south asian who loves to show off why tell people you have 6/7 figures in crypto lol.

 

[Frangipane]

Back in summer I went to a islamic finance talk and the speaker asked everyone "how many of you own their homes" a decent amount raised their hand.

"How many you own bitcoin or cryptocurrency" EVERYONE was hesitant to raise their hand and no one did, instead people were looking around at each other. A lot of the brothers were within that age demographic you would expect to own crypto 18-35 so 100% there were some owners there and I heard convos on bitcoin too lol.

No hate, I respect it tho.

 

[Frangipane]

Are you guys the same? No one knows nothing.

 

[Frangipane]

not a bad buy, i'm considering dripping money back in to SOL too, I don't see it going below $50 worst case ($74 strong support) I sold some around there too and AVAX at 45 with target buy back of 27-24.

Just being a bit cautious with tech earnings, not rushing and gonna dca back in daily, weekly.

p.s. Mods i'm sorry don't delete my account again.

 

[Aurelian]

the moment you sell coinbase notifies the government here in the UK.

Here, your coins are taxed if you exchange them for another coin, sell them for fiat, buy something with them, etc. What you can do is take your coins or some of it, to a another wallet, coinbase is a centralized big wallet and exhchange platform, so find a wallet that suits you, then convert the coins either to other coins or fiat. There are many decentralized exchanges out there. Try with manageable amount 150-250$

 

[Ghengis Kaarhis]

Here, your coins are taxed if you exchange them for another coin, sell them for fiat, buy something with them, etc. What you can do is take your coins or some of it, to a another wallet, coinbase is a centralized big wallet and exhchange platform, so find a wallet that suits you, then convert the coins either to other coins or fiat. There are many decentralized exchanges out there. Try with manageable amount 150-250$

yea canada is same deal, they tax you for every step you take. i strictly deal with decentralized exchanges and when its time to cash out imma go cash out in arabta

 

[Aurelian]

yea canada is same deal, they tax you for every step you take. i strictly deal with decentralized exchanges and when its time to cash out imma go cash out in arabta

Arabta?. I think UAE also has some sort of taxation and anti money laundering system. They will ask you where you got the money.

 

[Ghengis Kaarhis]

Arabta?. I think UAE also has some sort of taxation and anti money laundering system. They will ask you where you got the money.

saudi

 

[Frangipane]

Here, your coins are taxed if you exchange them for another coin, sell them for fiat, buy something with them, etc. What you can do is take your coins or some of it, to a another wallet, coinbase is a centralized big wallet and exhchange platform, so find a wallet that suits you, then convert the coins either to other coins or fiat. There are many decentralized exchanges out there. Try with manageable amount 150-250$

Sounds like a good idea, wouldn't the exchange notify the government that you sent funds to a dex though?

I don't intend to pay tax here no chance.

24% while shit isn't as bad as European somalis.

42% in denmark
30% in Sweden
34% in france

ouch it hurts just looking at those percentages.

 

[Aurelian]

Sounds like a good idea, wouldn't the exchange notify the government that you sent funds to a dex though?

I don't intend to pay tax here no chance.

24% while shit isn't as bad as European somalis.

42% in denmark
30% in Sweden
34% in france

ouch it hurts just looking at those percentages.

You can sent the funds to your personal wallet, for instance feather or cake wallet, and from there sent it to a DEX, and you need to test the DEX and the wallet before sending the whole funds. Do your own research, then send some funds. Some coins like XMR has great privacy feature where the destination of the funds can't be traced like Bitcoin or Etherum.