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paranoia is all around crypto and its all based on all these ppl that dont understand, or see all the clickbait shit and garbage and cant differ between real deal and scam.
mining is not necessary fast cash, u should look longer term, years. i bought a knc titan 12k usd 2013, it mined me since 2500ltc. untill september this year those coins was worth very little. accumulation in crypto is still key, it is going to end someday soon.
accumulation in general, looking at established namecoins, not many left to accumulate on, those years are behind us, i also doubt we will see 10k% years on this same coins again.
he's going to mine all the coins for me under his name, and exhcnage them since his country doesnt have capital gains or a crypto tax...and he's just going to pay me a contractor salary for the year...equyal to all the coins I mine minus 1% fee for him using his bank.
maybe it mined some more, the first month or two i was going around on different pools, at that time it was puting 10 coins a day for a short time.. imagine that ^^
yep, but having sven pay me a yearly salaryl means I dont even care if i hold them 1 day or 1 year and 1 day....sven doesnt have to pay capital gains taxes
capital gains....congratulations...you worked your ass off to get ahead and have some money to invest to make some more....dont mind us, we want to keep you donw, we are going to take a percent
well i mean i hear you but thats the way its been for many years, if you bought google when it was sub a dollar and wanted to sell now you will pay capitol gains
appleminer Here i only pay income tax on my sold crypto, the bad part income tax here is 30%.. well if i did it as profit in company i would pay 50+% so whatever u have in the states i doubt its anywhere near that shit.
@mycide : 33% capitcal gains...if you hold it less than 1 year....15% if you hold it over 1 year...then 15% federal and depdning on state another 5-12% more?
and for all those taxes u would expect to get some medical leave when u get chorincial disease, instead they put me without a dime, and still want me to tax for my crypto gains, while not paying anything for me not being able to work.
appleminer i was not i was employed in healthcare, as a nurse. here we got medicare and sickleave payed on our taxes. But my chronical disease is not recognised, a bit like whiplash was not for decades.
so cant do my job, doctors cant give me sickleave, state sends me to find a job. i cant leave home more thena few hours. so yeah im screwed, and now by miracle my crypto investment keeps me alive.
id love to pay taxes, i never had any problems when working, but i was fooled by the illusion i was paying for something and it would have my back. biggest lie i ever swallowed.
saw something some years back, where FDA where gonna bust medical marijuana dispenser, and the actual Sheriff there was standing outside arguing with the feds, about the laws that he is supposed to uphold.
@ricemarv : The coins on this pool aren’t really good for GPU. You really need an asic miner to make profit on scrypt/x11. For GPU look into stuff like ethereum, zcash, and monero.