#1 Bitcoin Mining Calculator - ACCURATE! (2020 Updated)

Here are some post-halving calculations. Can you all buy and hold $35 to $550 of new bitcoin each year? Feel free to check & correct my math!

Here are some post-halving calculations. Can you all buy and hold $35 to $550 of new bitcoin each year? Feel free to check & correct my math! submitted by anon2414691 to Bitcoin [link] [comments]

Here are some post-halving calculations. Can you all buy and hold $35 to $550 of new bitcoin each year? Feel free to check & correct my math! (x-post from /r/Bitcoin)

Here are some post-halving calculations. Can you all buy and hold $35 to $550 of new bitcoin each year? Feel free to check & correct my math! (x-post from /Bitcoin) submitted by cccmod to CryptoCurrencyClassic [link] [comments]

12.7 PATCH NOTES

Dear Escapers!
We are glad to present you the preliminary patch notes for the 0.12.7 patch!
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Added:
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• Customs expansion (expansion of industrial area, construction site, added many new explorable buildings, stationary weapons, new location for Reshala spawn etc.)
• Added new scav boss - Sanitar.
A former doctor, he worked in the health resort "Lazurny bereg", and before that in the TerraGroup laboratory. After the events that happened in Tarkov, he gathered a gang with former colleagues and operates on the "Shoreline". Actively uses professional skills in combat, quickly healing himself and the gang members. He uses various stimulants and medications, including those of his own production. He can quickly perform surgery by pulling out a bullet or applying a tourniquet on the field. Sometimes he is loyal to the Scavs and can leave a couple of first-aid kits or other medical supplies for his own group members on location
• New quests on Shoreline
• System for reporting suspicious players, unacceptable nicknames and game bugs abusers (on the post-match screen)
Improved AI behavior:
• Bots can pick up items now
• Improved AI behavior when they see bodies
• Bots now can pick up a second firearm from bodies
• AI now can greet each other or player scavs, showing their peaceful intentions
• Bots will eat\drink while in peaceful mode
• AI will perform a mag check when in peaceful mode
• Bots can check someone for friend or foe by aiming at him for some time, if they’re not sure of one’s intentions
• Bots will sprint while patrolling if they consider the spot being dangerous
• AI will be able to storm the player as a group, if he’s holding position and attacking them
• AI will try to avoid dangerous places
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New weapons:
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• FN GL40 Grenade launcher
• Mossberg 590A1 Shotgun
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New ammo:
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• .366 AP-M
• .45 ACP Hydr-Shock
• 9x19 mm QuakeMaker
• 9x19 mm 7N31
• .45 ACP Lasermatch FMJ
• .45 ACP AP
• 7.62x51 mm M993
• 40x46 мм M381 HE
• 40x46 мм M386 HE
• 40x46 мм M406 HE
• 40x46 мм M433 HEDP
• 40x46 мм M441 HE
• 40x46 мм M576 buckshot
---
Added new stimulants:
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• 3-(b-TG)
• L1 (Noradrenaline)
• P22 (Specimen 22)
• AHF1-M
• Meldonin
• "Obdolbos" cocktail
• M.U.L.E
• Added an additional icon for the network connection status in case of high packet loss
• In the container slots window, the container tag is now displayed in the header
---
Iteration of improving and reworking the skill system:
---
New skill "Surgery"
• Reduces HP penalty for surgery
• Improved surgery speed
• (Elite) No HP penalty for the restored body part
• (Elite) Maximum increase in the speed of surgery
New skill "Aim drills"
• Increase of the aiming speed
• Decrease the volume of aiming
• (Elite) No hand shaking at any stamina value, first 2 seconds after aiming
• (Elite) Reduced hands shaking during tremor and fracture, the first 2 seconds after aiming
Rework of the “Strength” skill
• Increase all weight limits
• Increase the speed of the sprint
• Increase the jump height
• Increase the strength of the grenade throw
• Increase the strength of a melee attack
• (Elite) The weight does not take into account the weapons on the sling and on the back
• (Elite) Melee attack can be stronger than usual
Rework of the "Endurance" skill
• Increased feet stamina
• Reduced stamina consumption for jumping
• Increased holding breath time when ads
• Increased the speed of breath recovery
• (Elite) Maximum increase in breathing recovery rate
• (Elite) Breathing is no longer dependent on energy
• (Elite) Increased stamina reserve
Various fixes in old skills
• Added 5 HP to the health of “Chest” zone (from 80 to 85)
---
Optimization:
---
• Optimized the rendering of decals
• Fixed freezes that happened when the sound of thunder or the sound of grenades exploding was played
• Optimized the performance of the game server
• Fixed an issue with killing the boss of a group of raiders who appeared on the scene after interacting with the trigger was leading to errors on the server
• Minor optimizations on the first shot or hit
• Optimization of hideout sounds
• Fixes of errors that could potentially lead to different freezes
---
Fixed:
---
• Iteration of fixes and corrections in UI
• Bug with the PostFX menu that remains on the screen after closing the settings
• Bug playing the sound of contusion if the sound is turned off in the settings
• Bug of jerky animation of shooting weapons in the Hideout shooting range
• The passage of raiders on the laboratory through the doors
• A bug that allowed you to quickly move when constantly tapping the "Run" button when overweight
• AS VAL with the handle adapter "Rotor 43" is now impossible to fold
• Inability to exit the location via the paid exit “Car”, if you reconnect at the start of the exfil timer
• Bug with throwing away the magazine when reloading the weapon via the context menu
• Error 228 when receiving items from an expired email
• Formulas for calculating prices for items with its resource and its commissions
• After the reconnect, the equipment that was not searched become searched
• The sound of the visor on/off remained at one point, and does not follow the character
• Bug that wouldn't block buttons on the bottom panel after reconnecting as a Scav
• Interface block if you go to the “Map” screen without a map
• Bug when the "Receive all" button opened only the first and last message with items
• Various bugs with switching the sound from “outdoor " to "indoor", and back, when reconnecting
• Bug of not blocking an item after it was added to the merchant's sales table
• Cartridges from packs of cartridges found in raid now have the status " found in the raid”
• Error when studying items from the scav box
• Fixes in the flea Market
• The search will be updated if you delete and add an item to the wish list
• Loss of a player's nickname and rating from the offer line after applying filters
• The “search by item" option now resets the selected filters
• Bug displaying the loading spinner on top of the list of offers
• The mount without the “Found in raid" label ceased to be semitransparent (blocked) in the selection of the item for the offer, if you put and remove the mod on it
• Bug when the merchant's avatar was flattened
• Incorrect tag behavior on marked items for a flea market offer if you select multiple items from the container, closing and opening the container
• Horizontal scrollbar on the product sales screen
• Bug when the player couldn't put 2 identical weapons on the flea market if one of them was included in the starter kit for pre-order
• Error 1508 - You send bad items- when putting an empty pack of cartridges on a flea Market
• Bug, when for buying through a flea market goods from npc merchants needed items found in raid
Fixed in weapon presets
• Displaying the indicator “you have mods to build” when there are no mods for the build in the stash
• Bug when the build could have been built with the wrong mod that was not in the preset
• Weapon disassembly bug if you build the same preset twice with the same weapon
• Ability to select items that are blocked for purchase, via the presets by clicking the button “Select all”
• Packs of items are no longer displayed in the purchase lists of preset mods
• The purchase lists of presets no longer display items the player's own offers
• Added an error about lack of space when purchasing preset mods
• Bug when opening presets through the lower panel that caused the game client to freeze
Fixed in the hideout
• Various fixes in the bitcoin farm
• White authorization screen if you improve the pre-order version while in the hideout
• Bug when it was possible to install a filter with zero resource in the “Water collector” and it could not be uninstalled
• Calculation of fuel consumption time in the “Generator " zone
• Bug duplicating the canister icon, when selecting a canister, in the “Generator" zone
• Various bugs in group chat
• Bugs with the discharge of weapons in the stash
• Incorrect position of the fire mod pin and the turn of the barrel of the PPSH
• Visual bug for displaying a zero bonus in the base level zones in the Hideout
• Visual bug with the availability of time selection before the raid on the Laboratory screen
• A bug where the player could spawn outside the location
• Spamming error NullReferenceException: MuzzleManager
• An error that occurs every time after treatment or getting a fracture
• "Failed to create device file" error that occurs during client downtime
• Errors when assigning voice commands
• Spamming error when a large number of bots are active in the offline mode
• Various errors while loading in raid
• Various bugs and issues with Customs location
• Various bugs and improvements related to AI
• Fixed a bug when bots didn't follow a grenade throw with a voiceline
• Fixed a handful of bugs related to bots getting stuck
• Fixed a bug where a Gluhar would not react to a killed in the head ally
• Fixed a bug when bots tried to heal a blacked out body part
• Bots are now able to treat debuffs on blacked out body parts again
• Fixed a handful of bugs with bots knocking out doors
• Other AI related bug fixes and improvements
• Various localization fixes and improvements
• Other minor bugs and issues
---
Changed:
---
• Now it is possible to examine items from the construction requirements screen in the Hideout
• Added displaying the time before the bleeding effect disappears in the stash
• Now if you are not matched to the raid within 45 minutes, the search will be canceled
• Updated SV-98 animation, hold, new animations when entering and exiting a sprint, new hold in the menu and on the loading screen
• Updated PPSH animation, hold, and new animations when entering and exiting a sprint
submitted by lordwerneo to EscapefromTarkov [link] [comments]

ETHE & GBTC (Grayscale) Frequently Asked Questions

It is no doubt Grayscale’s booming popularity as a mainstream investment has caused a lot of community hullabaloo lately. As such, I felt it was worth making a FAQ regarding the topic. I’m looking to update this as needed and of course am open to suggestions / adding any questions.
The goal is simply to have a thread we can link to anyone with questions on Grayscale and its products. Instead of explaining the same thing 3 times a day, shoot those posters over to this thread. My hope is that these questions are answered in a fairly simple and easy to understand manner. I think as the sub grows it will be a nice reference point for newcomers.
Disclaimer: I do NOT work for Grayscale and as such am basing all these answers on information that can be found on their website / reports. (Grayscale’s official FAQ can be found here). I also do NOT have a finance degree, I do NOT have a Series 6 / 7 / 140-whatever, and I do NOT work with investment products for my day job. I have an accounting background and work within the finance world so I have the general ‘business’ knowledge to put it all together, but this is all info determined in my best faith effort as a layman. The point being is this --- it is possible I may explain something wrong or missed the technical terms, and if that occurs I am more than happy to update anything that can be proven incorrect
Everything below will be in reference to ETHE but will apply to GBTC as well. If those two segregate in any way, I will note that accordingly.
What is Grayscale? 
Grayscale is the company that created the ETHE product. Their website is https://grayscale.co/
What is ETHE? 
ETHE is essentially a stock that intends to loosely track the price of ETH. It does so by having each ETHE be backed by a specific amount of ETH that is held on chain. Initially, the newly minted ETHE can only be purchased by institutions and accredited investors directly from Grayscale. Once a year has passed (6 months for GBTC) it can then be listed on the OTCQX Best Market exchange for secondary trading. Once listed on OTCQX, anyone investor can purchase at this point. Additional information on ETHE can be found here.
So ETHE is an ETF? 
No. For technical reasons beyond my personal understandings it is not labeled an ETF. I know it all flows back to the “Securities Act Rule 144”, but due to my limited knowledge on SEC regulations I don’t want to misspeak past that. If anyone is more knowledgeable on the subject I am happy to input their answer here.
How long has ETHE existed? 
ETHE was formed 12/14/2017. GBTC was formed 9/25/2013.
How is ETHE created? 
The trust will issue shares to “Authorized Participants” in groups of 100 shares (called baskets). Authorized Participants are the only persons that may place orders to create these baskets and they do it on behalf of the investor.
Source: Creation and Redemption of Shares section on page 39 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Note – The way their reports word this makes it sound like there is an army of authorizers doing the dirty work, but in reality there is only one Authorized Participant. At this moment the “Genesis” company is the sole Authorized Participant. Genesis is owned by the “Digital Currency Group, Inc.” which is the parent company of Grayscale as well. (And to really go down the rabbit hole it looks like DCG is the parent company of CoinDesk and is “backing 150+ companies across 30 countries, including Coinbase, Ripple, and Chainalysis.”)
Source: Digital Currency Group, Inc. informational section on page 77 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
Source: Barry E. Silbert informational section on page 75 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
How does Grayscale acquire the ETH to collateralize the ETHE product? 
An Investor may acquire ETHE by paying in cash or exchanging ETH already owned.
Source: Creation and Redemption of Shares section on page 40 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Where does Grayscale store their ETH? Does it have a specific wallet address we can follow? 
ETH is stored with Coinbase Custody Trust Company, LLC. I am unaware of any specific address or set of addresses that can be used to verify the ETH is actually there.
As an aside - I would actually love to see if anyone knows more about this as it’s something that’s sort of peaked my interest after being asked about it… I find it doubtful we can find that however.
Source: Part C. Business Information, Item 8, subsection A. on page 16 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Can ETHE be redeemed for ETH? 
No, currently there is no way to give your shares of ETHE back to Grayscale to receive ETH back. The only method of getting back into ETH would be to sell your ETHE to someone else and then use those proceeds to buy ETH yourself.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Why are they not redeeming shares? 
I think the report summarizes it best:
Redemptions of Shares are currently not permitted and the Trust is unable to redeem Shares. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. Because the Trust does not believe that the SEC would, at this time, entertain an application for the waiver of rules needed in order to operate an ongoing redemption program, the Trust currently has no intention of seeking regulatory approval from the SEC to operate an ongoing redemption program.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the fee structure? 
ETHE has an annual fee of 2.5%. GBTC has an annual fee of 2.0%. Fees are paid by selling the underlying ETH / BTC collateralizing the asset.
Source: ETHE’s informational page on Grayscale’s website - Located Here
Source: Description of Trust on page 31 & 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the ratio of ETH to ETHE? 
At the time of posting (6/19/2020) each ETHE share is backed by .09391605 ETH. Each share of GBTC is backed by .00096038 BTC.
ETHE & GBTC’s specific information page on Grayscale’s website updates the ratio daily – Located Here
For a full historical look at this ratio, it can be found on the Grayscale home page on the upper right side if you go to Tax Documents > 2019 Tax Documents > Grayscale Ethereum Trust 2019 Tax Letter.
Why is the ratio not 1:1? Why is it always decreasing? 
While I cannot say for certain why the initial distribution was not a 1:1 backing, it is more than likely to keep the price down and allow more investors a chance to purchase ETHE / GBTC.
As noted above, fees are paid by selling off the ETH collateralizing ETHE. So this number will always be trending downward as time goes on.
Source: Description of Trust on page 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
I keep hearing about how this is locked supply… explain? 
As noted above, there is currently no redemption program for converting your ETHE back into ETH. This means that once an ETHE is issued, it will remain in circulation until a redemption program is formed --- something that doesn’t seem to be too urgent for the SEC or Grayscale at the moment. Tiny amounts will naturally be removed due to fees, but the bulk of the asset is in there for good.
Knowing that ETHE cannot be taken back and destroyed at this time, the ETH collateralizing it will not be removed from the wallet for the foreseeable future. While it is not fully locked in the sense of say a totally lost key, it is not coming out any time soon.
Per their annual statement:
The Trust’s ETH will be transferred out of the ETH Account only in the following circumstances: (i) transferred to pay the Sponsor’s Fee or any Additional Trust Expenses, (ii) distributed in connection with the redemption of Baskets (subject to the Trust’s obtaining regulatory approval from the SEC to operate an ongoing redemption program and the consent of the Sponsor), (iii) sold on an as-needed basis to pay Additional Trust Expenses or (iv) sold on behalf of the Trust in the event the Trust terminates and liquidates its assets or as otherwise required by law or regulation.
Source: Description of Trust on page 31 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Grayscale now owns a huge chunk of both ETH and BTC’s supply… should we be worried about manipulation, a sell off to crash the market crash, a staking cartel? 
First, it’s important to remember Grayscale is a lot more akin to an exchange then say an investment firm. Grayscale is working on behalf of its investors to create this product for investor control. Grayscale doesn’t ‘control’ the ETH it holds any more then Coinbase ‘controls’ the ETH in its hot wallet. (Note: There are likely some varying levels of control, but specific to this topic Grayscale cannot simply sell [legally, at least] the ETH by their own decision in the same manner Coinbase wouldn't be able to either.)
That said, there shouldn’t be any worry in the short to medium time-frame. As noted above, Grayscale can’t really remove ETH other than for fees or termination of the product. At 2.5% a year, fees are noise in terms of volume. Grayscale seems to be the fastest growing product in the crypto space at the moment and termination of the product seems unlikely.
IF redemptions were to happen tomorrow, it’s extremely unlikely we would see a mass exodus out of the product to redeem for ETH. And even if there was incentive to get back to ETH, the premium makes it so that it would be much more cost effective to just sell your ETHE on the secondary market and buy ETH yourself. Remember, any redemption is up to the investors and NOT something Grayscale has direct control over.
Yes, but what about [insert criminal act here]… 
Alright, yes. Technically nothing is stopping Grayscale from selling all the ETH / BTC and running off to the Bahamas (Hawaii?). BUT there is no real reason for them to do so. Barry is an extremely public figure and it won’t be easy for him to get away with that. Grayscale’s Bitcoin Trust creates SEC reports weekly / bi-weekly and I’m sure given the sentiment towards crypto is being watched carefully. Plus, Grayscale is making tons of consistent revenue and thus has little to no incentive to give that up for a quick buck.
That’s a lot of ‘happy little feels’ Bob, is there even an independent audit or is this Tether 2.0? 
Actually yes, an independent auditor report can be found in their annual reports. It is clearly aimed more towards the financial side and I doubt the auditors are crypto savants, but it is at least one extra set of eyes. Auditors are Friedman LLP – Auditor since 2015.
Source: Independent Auditor Report starting on page 116 (of the PDF itself) of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
As mentioned by user TheCrpytosAndBloods (In Comments Below), a fun fact:
The company’s auditors Friedman LLP were also coincidentally TetheBitfinex’s auditors until They controversially parted ways in 2018 when the Tether controversy was at its height. I am not suggesting for one moment that there is anything shady about DCG - I just find it interesting it’s the same auditor.
“Grayscale sounds kind of lame” / “Not your keys not your crypto!” / “Why is anyone buying this, it sounds like a scam?” 
Welp, for starters this honestly is not really a product aimed at the people likely to be reading this post. To each their own, but do remember just because something provides no value to you doesn’t mean it can’t provide value to someone else. That said some of the advertised benefits are as follows:
So for example, I can set up an IRA at a brokerage account that has $0 trading fees. Then I can trade GBTC and ETHE all day without having to worry about tracking my taxes. All with the relative safety something like E-Trade provides over Binance.
As for how it benefits the everyday ETH holder? I think the supply lock is a positive. I also think this product exposes the Ethereum ecosystem to people who otherwise wouldn’t know about it.
Why is there a premium? Why is ETHE’s premium so insanely high compared to GBTC’s premium? 
There are a handful of theories of why a premium exists at all, some even mentioned in the annual report. The short list is as follows:
Why is ETHE’s so much higher the GBTC’s? Again, a few thoughts:

Are there any other differences between ETHE and GBTC? 
I touched on a few of the smaller differences, but one of the more interesting changes is GBTC is now a “SEC reporting company” as of January 2020. Which again goes beyond my scope of knowledge so I won’t comment on it too much… but the net result is GBTC is now putting out weekly / bi-weekly 8-K’s and annual 10-K’s. This means you can track GBTC that much easier at the moment as well as there is an extra layer of validity to the product IMO.
I’m looking for some statistics on ETHE… such as who is buying, how much is bought, etc? 
There is a great Q1 2020 report I recommend you give a read that has a lot of cool graphs and data on the product. It’s a little GBTC centric, but there is some ETHE data as well. It can be found here hidden within the 8-K filings.Q1 2020 is the 4/16/2020 8-K filing.
For those more into a GAAP style report see the 2019 annual 10-K of the same location.
Is Grayscale only just for BTC and ETH? 
No, there are other products as well. In terms of a secondary market product, ETCG is the Ethereum Classic version of ETHE. Fun Fact – ETCG was actually put out to the secondary market first. It also has a 3% fee tied to it where 1% of it goes to some type of ETC development fund.
In terms of institutional and accredited investors, there are a few ‘fan favorites’ such as Bitcoin Cash, Litcoin, Stellar, XRP, and Zcash. Something called Horizion (Backed by ZEN I guess? Idk to be honest what that is…). And a diversified Mutual Fund type fund that has a little bit of all of those. None of these products are available on the secondary market.
Are there alternatives to Grayscale? 
I know they exist, but I don’t follow them. I’ll leave this as a “to be edited” section and will add as others comment on what they know.
Per user Over-analyser (in comments below):
Coinshares (Formerly XBT provider) are the only similar product I know of. BTC, ETH, XRP and LTC as Exchange Traded Notes (ETN).
It looks like they are fully backed with the underlying crypto (no premium).
https://coinshares.com/etps/xbt-provideinvestor-resources/daily-hedging-position
Denominated in SEK and EUR. Certainly available in some UK pensions (SIPP).
As asked by pegcity - Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE? 
I have always understood that the ETHE issued directly through Grayscale is issued without the premium. As in, if I were to trade 1 ETH for ETHE I would get 11, not say only 2 or 3 because the secondary market premium is so high. And if I were paying cash only I would be paying the price to buy 1 ETH to get my 11 ETHE. Per page 39 of their annual statement, it reads as follows:
The Trust will issue Shares to Authorized Participants from time to time, but only in one or more Baskets (with a Basket being a block of 100 Shares). The Trust will not issue fractions of a Basket. The creation (and, should the Trust commence a redemption program, redemption) of Baskets will be made only in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional ETH represented by each Basket being created (or, should the Trust commence a redemption program, redeemed), which is determined by dividing (x) the number of ETH owned by the Trust at 4:00 p.m., New York time, on the trade date of a creation or redemption order, after deducting the number of ETH representing the U.S. dollar value of accrued but unpaid fees and expenses of the Trust (converted using the ETH Index Price at such time, and carried to the eighth decimal place), by (y) the number of Shares outstanding at such time (with the quotient so obtained calculated to one one-hundred-millionth of one ETH (i.e., carried to the eighth decimal place)), and multiplying such quotient by 100 (the “Basket ETH Amount”). All questions as to the calculation of the Basket ETH Amount will be conclusively determined by the Sponsor and will be final and binding on all persons interested in the Trust. The Basket ETH Amount multiplied by the number of Baskets being created or redeemed is the “Total Basket ETH Amount.” The number of ETH represented by a Share will gradually decrease over time as the Trust’s ETH are used to pay the Trust’s expenses. Each Share represented approximately 0.0950 ETH and 0.0974 ETH as of December 31, 2019 and 2018, respectively.

submitted by Bob-Rossi to ethfinance [link] [comments]

Don't Fight the Trend (Sidenote - Fuck r/investing)

TF, like these corn balls out here removing posts that have any bit of a bear thesis? lmao
Getting to the point of my post, The Trend is Down....
Compiling data of closing points every two weeks from the start of 2020, each of the indexes are down-trending for the year & Bitcoin as well. Now the graphs which I've attached here hold little/next to no weight when looking for an indication on what position to take/when, but it's a piece of the puzzle when talking about the outlook for 2020.
Another piece to the puzzle, since that 'judgement day' post (referencing something I posted 3 weeks ago on investing, would link but that got removed along with my post on april 19th warning the clowns in there that they shouldn't be buying into USO/investing in oil lmfao); we have seen 6 green trading days & 9 red trading days on the S&P, signaling to me that investors are favoring selling in the 280-295 range much more so than buying. While the S&P has rallied above 290 on the back of NASDAQ/MAGA movement, it hasn't broken into/through this range with any conviction at all, it's actually forming a head and shoulder top in the trading range - seen here.
Further Dissecting the SPY - Price action is currently bouncing between the 50 & 200 EMA (EMA is quite significant as it weighs the price around volume traded, while SMA's simply calculate based on closing price day-to-day.) Friday's close placed us right under the 200 EMA (I view it as the ceiling currently.) and would point to downside come open market on monday (tomorrow.) *At the time of this post, futures opened with a gap down to 291 and has bounced back up to test this 2940 resistance. Will they push it above for a proper bull break before US markets open? Perhaps, maybe the bulls get their 300 touch; However, I see the indicators hinting to downside more convincing atm.*
Further DD of 'leading indicators' when looking at ST trends (DXY, BTC, XLF) -
XLF - (4Hr chart, rather than daily.) The Financial sector has been getting absolutely SLAMMED, like seriously, its almost worse than the beatdowns the small-caps have been receiving. Imo, this questionable performance from the financial sector says A LOT when considering investor uncertainty at the moment. On the four hour, this sector is currently bouncing between the 50 & 200 EMA's as they pinch closer together; which you could say is bullish, however, any and all uptrends on the chart have been broken & it leaves the financials out in no mans land (bearish.) It's currently pressed against it's 'LT' downtrend line (Established in early January after COVID was 'open public info'.) and made a double top rejection off of 23.70.
BTC- Touched 10k & crashed over 10% this weekend. As seen in the first screenshot I attached, BTC has been trading almost side by side with the general markets (Most reflective when looking at the S&P or NASDAQ.) I believe this to be a leading indicator of downside ahead similarly to how it was a leading indicator in mid-march when gauging 'how much downside was left in the markets.'
DXY - Key when considering short term deflation/inflation of assets. Has broken out above an immense resistance & has been confirming this as new support (people are hoarding cash, much more than they're spending, contrary to popular belief; I wont comment much tho, because tracking the DXY can get complex quick. We're taking it at face value here.) Watch for another major breakout (Would signify people hoarding cash, most likely stocks are getting liquidated at that same time. Comparing the timeline of the last breakout, March 9th- March 20th, this was the same timeline which the S&P took its major leg down from 300-220.)
TLDR - Stonks do go down, they've been maxing out for the last three weeks & deflation is around the corner. Positions - Heavy SPXU & SQQQ positions, AMD $46p May 22nd/ $40p June 5th, XLF $20.5p May 22th, MGM $10p June 5th
submitted by EXLR8_Reddit to wallstreetbets [link] [comments]

AMPL - ELI5 101 Guide (long)

AMPL is designed to be an elastic supply currency (but NOT exactly a $1 stable coin). If the price is above $1 then the supply increases (called a rebase) - [assuming a rebase supply re-calculation of 5% for simplicity] if you hold 1000 tokens, the next day you have 1050, at the same market rate. This happens every 24 hours. It also is weighted so at $1.01 the rebase is around 1%, at $1.20 it is around 5%. DAILY. . . Yes. "daily compound interest coin"... The same is true in price decreases. The negative rebase reduces the supply. You have 1000 tokens at $1, if the price drops to $0.90 you will have 950 tokens.
The idea is that it incentivises both buying and selling to bring the price back to equilibrium. It is ELASTIC.
If you held 1000 tokens at $1, 15 days later the price has DOUBLED to $2, simplified to 5% daily averaged for 15 days straight, you now have 2000 tokens, valued at $2 each, so $4000 total: a 400% return, not just a 100% return. Probably at this point traders sell, having an amazing profit, the price adjusts down, and the rebase % lowers and it comes closer to $1 again.
The same is of course true going down from $1 to $0.50, holders *might get rekt here - this is a traders.. a coin for intelligent traders.
You should be only concerned with total market cap of the system than AMPLs individual price going up.
For instance if the total market cap of AMPLs is $10 Million and you own $1 Million of that (10%). If the market cap grows to $100 Million you’ll still own 10% if you didn’t sell or buy any. So you would now own $10 Million AMPLs at $1.
Likewise if the total market cap of AMPL drops to $1 Million and you didn’t buy or sell your position you would now own $100,000 AMPLs (still 10%). The rules are actually pretty simple. Everyone’s account is increased and or decreased at the same rate (given the current price of AMPLs)
The interesting stuff - LIQUIDITY INCENTIVES.
If daily 1% compound interest wasnt enough then the Ampleforth "geyser" liquidity program just launched 3 days ago.
$1+ million has been locked into it, LPs earn incentives for providing liquidity to the AMPL-ETH market on uniswap. In 3 days it is now the 8th largest pool on uniswap.
This geyser is a "trial", but for 3 months, giving out 75k extra AMPL tokens to LPs. * however, there have been 3x positive supply rebases since it started, so the 75k has turned into 77.6k (i.e. alternatively if you had $75k of ample 3 days ago, with 3x supply increases - which are auto changed in ALL wallets - then now you have $77.6k ($2.6k profit!)
Next
Links:
https://www.ampleforth.org/dashboard/ - see history of supply changes and price.
https://www.ampleforth.org/geyse - liquidity incentive "gesyer" app , click to the stats tab to see how much locked up and apr for incentives.
https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/ - official article explaining the geyser liquidity incentives indepth and guide to getting involved.
Be careful, this one is risky, but it's early stages, its a large idea, but small cap eth-defi fit product.
Last breadcrumbs; Brandon the CTO and Brian from coinbase were roommates at Rice, and Brian is a PERSONAL investor. Also strong links to LINK - using Chainlink for the price oracle which is needed, and Brandon and Sergey have done 2 podcasts together. Also , Brandon was just on the Charlie Schrem podcast :)
submitted by milkproofrobot0x to CryptoMoonShots [link] [comments]

Every Way I Have Made Money Online Since 2015

I have been making money online since 2015. There are so many ways that I can't remember them all, but here is a list of most of them - including the most significant ones. Hope this helps you somehow. As I'm from Canada, many of these (but not all) are for Canadians.
From highest-earning to lowest, for your convenience:
Gig Earnings
Bitcointalk.org $50,000
LocalBitcoins affiliate (non-ref) $10,000
Reddit posting $5,000
HealthyWage personal challenge (non-ref) $3,400 (profit)
Dietbet $200/month
Slickdeals.net posting $2,000
Selling hoverboards $2,000
Bank signup bonus $300
Coinbase Earn (non-ref) $150
HealthyWage individual challenges (non-ref) $50/month
Selling LocalBitcoins trading guide $100
UberEats/DoorDash restaurant $100
Fiverr $100
Selling email list that I scraped $100
Black Friday meal kit deal $100
Craigslist study $75
Blockchain.com airdrop $65
Growing hydroponic lettuce at home $15/month
Tangerine bank (use Orange Key: 59103835S1 to get $50) $50
Crypto.com (non-ref) signup bonus $50
Coinberry (non-ref) signup bonus $30
Honeygain (non-ref) $20
Rakuten cash back Canada, USA (non-ref) $10
Amazon affiliate $10
Instead of telling the whole story of each method, and since you care most about the highest-earning opportunities, let's discuss those and if anyone has questions about something not mentioned in this post - don't hesitate to ask, I'm happy to explain.

Bitcointalk

This is by far my biggest earner. Basically, back in mid 2017, I realized that the crypto market was starting another bull run. I had previously learned that it was possible to make money advertising for companies by adding their custom signature to my account profile so that each post contains links to their website/products underneath it. They paid a lot more back then, because Bitcoin was only valued at around $700-1,000 when I started.
This forum also doesn't care about having multiple accounts - in fact, it's fully allowed. Some people have hundreds of accounts. Therefore, I quickly searched the web for people selling their accounts... and bought a bunch of decently-ranked ones such that I was able to post full-time essentially, making up to $5/post which only takes a minute or two. The best campaign I joined is one called DeepOnion, which paid almost $30,000 in about 1 month!!! All I had to do is make 10 posts a week per account, and they deposited their coin to my wallet. After it was added to an exchange, the price quickly rose and one night my portfolio value went from $3,000 to over $20,000. I sold literally at the peak! I also made money from Bitcoin paying campaigns (they pay in BTC as opposed to their token/coin). Another big score was a campaign called ATLANT, where I made well over $20,000 ...however, didn't sell my tokens and now they are worth a fraction of that. Oh well.
With the above said, I don't recommend doing this anymore, as the forum is filled with 3rd world spammers who realized that it was possible to make big money a couple of years ago, and now they have bots spamming constantly and applying to campaigns and such. I haven't posted there in a long time, probably over 6 months, because it wasn't worth it anymore. It was great while it lasted.

LocalBitcoins (non-ref)

Notice how most of my earning comes from crypto? :p
Well, I found a high-ranking Reddit post about Bitcoin that was ranked in the top 3 on Google for multiple good long-string keywords. In other words, many people (I'm talking hundreds) were finding it on a daily basis. I got my comment to the top spot, which includes an affiliate link and so over 5,000 people ended up signing up and I made a lot from it. My estimate is about $10,000 USD equivalent (pays in BTC daily), although could be more.

Reddit Posting

This is the same deal as Slickdeals, as explained below. However, after SD banned my accounts, since I had a high-karma Reddit account, I realized that my clients might be interested in advertising in "deals" subreddits (mostly Amazon, although it varied). Sure enough, they were and I got paid up to $300 for a single post in popular subreddits.

HealthyWage (non-ref)

This is an app that pays you to lose weight. There are a few different types of challenges, including personal, individual and team challenges. The personal challenge is the one I am currently focusing on, as I bet $125/mo over 12 months ($1500), and if successful, stand to win $4,900 or $3,400 profit. I started at 360 pounds, and must weigh out at 180 pounds or less after 1 year to win. (I know, it's lots of weight to lose, but there is tons of money at stake.)
If you join using my referral link, you get $40 added to your prize and I also get $40. By the way, most people who join make a mistake of betting too much or too little. For example, you might get the same winnings by betting $100/month or $500/month, because the algorithm caps out at a certain amount. With that said, use this calculator to get the exact amount that you should bet to maximize your ROI (click on "Calculate a Healthy Wager"). I didn't know about this before signing up, and ended up betting more than I had to make the same amount (although only $12).

Slickdeals

I had a startup similar to Groupon, and had made a few Slickdeals accounts because of that. One day while driving, it occurs to me that people might be willing to have me post on SD using my account since the traffic is so high. Well, I drove straight to the library and posted my Skype contact on about 30 threads on Warrior forum, and that same night I was getting contacts from China and it never stopped. This was way back in 2015, and I had 3 accounts and made $20 per post. I was doing about 1 post/day and sometimes getting $5 to do upvotes as well. All-in-all, after contracting out someone on Fiverr to automate the whole thing, my accounts ended up getting banned and that was that.

Selling hoverboards

During the hoverboard craze of 2015, I made a couple of rudimentary sites and managed to sell about 12 in total, making about ~$100 profit per sale, and selling the sites for $750 and $250 respectively for about $2,000 in total profit. This is the first time I used YouTube as a marketing medium, specifically paid product placement, which you can see here. This video sold 4 boards & I sold the site for $250, and the board cost about $350, so it was a good deal in the end.
Well, that about sums up my online earning history. I'm sure there are (many) other ways I've earned a buck, but simply don't remember them all. Again, don't hesitate to ask any questions you may have and I am more than happy to answer. Thanks for reading.
Edit: it's great to see that this post is interesting to many people
My best suggestions to make fast, easy money are the following:
  • Growing Hydroponic Lettuce this is a new one to me, but I recently started growing lettuce and not only is it super enjoyable, but it's much more cost-effective than buying it from the store. Checkout this video which shows how. All that is needed is a container with some 2 or 3 inch holes, some "net cups" to hold the lettuce in, and some liquid nutrients which are available on Amazon.
  • Coinberry (non-ref) I literally signed up, verified my account and got the bonus within an hour. There is a 3 day hold to withdraw funds, but it's an easy $20 and they also give an extra $10 "customer appreciation bonus" after your first deposit, so you get $30 total.
  • HealthyWage (non-ref) If you need to lose weight anyway, then you might as well get paid while doing so. I recommend doing a minimum amount of weight-loss over 6 months, to make it easier on yourself. When you signup with my link, we both get $40.
  • Dietbet no ref link, but this is a really good earner. I make about $200/month with it by playing in 9 games simultaneously.
  • Honeygain (non-ref) this one is entirely passive, and I highly recommend it. Simply download the app and you make money for browsing online, without doing anything else. I make about $50/year with just my phone. When you signup with my link, we both get $5.
  • Crypto.com (non-ref) this is a legit cryptourrency site that gives you $50 when you sign up & deposit $250. I know it's legit, because I just signed up a few days ago and already got my bonus. Simply buy their crypto in the app with your credit card & stake it for 6 months, and they give you $50.
submitted by Separate-Time to WorkOnline [link] [comments]

What is money?

Hey all, this might be a bit outside of the "Bitcoin" realm, but I wanted to create a sounding board to help me grasp what money is, how it relates to economies, and where Bitcoin can come in. I'm just writing out my thoughts, and I'm open to comments and opinions or corrections :). Hopefully this can be helpful to others too.
Note, that I live in the UK and I feel like a lot of information talks about the dollar, and I never know if it applies the same to my currency. I will give examples in dollars, but they should apply to any world currency (eg. GBP) to the best of my understanding.
I saw a link recently on this subreddit to this site: https://modernmoneybasics.com/. If I were to summarise what I learnt, it is a mental model that frames fiat currency in an interesting way, but I wouldn't be surprised if it did contain some misinformation. -- It claims that the model applies to any fiat currency.
OK. Pretend that all of a countries money = 1. If you own $100, you own a fraction of the countries money, so if there is $10,000 in the world you own 0.001 of all dollars. So naturally, if more money is printed, you start to own a smaller fraction of that money.
The Modern Money Theory (MMT) gives me the impression that money is basically a tool owned by the countries government (owned by someone who isn't the general public). Money is not an asset, it is a liability (hence why it loses value over time). People pay taxes and the Government will try to redistribute the wealth by investing in projects like The Army, Green Energy, etc.
This is supposed to be distributed in ways that help the country's economy, ensuring that the country is productive and is exporting things to other countries. When deemed necessary, more money can be printed to help redistribute wealth to the areas that the Government wants to invest in. I think that the more successful your economy, the more your money is worth.
This means one thing to me; PEOPLE DO NOT OWN/HAVE MONEY. Don't save fiat; it is a tool to help the economy, not a thing of value that you should store. I feel like saving actually keeps money from circulating in the economy and probably works towards needing to print money. Instead, buy assets; you put money back into the economy, and you get to hold onto your wealth. What can you invest in? Ok, that's not such an easy question to answer. Maybe buy gold (or *ahem* Bitcoin), or invest in yourself to make something valuable and ultimately start your own business.
MMT says that fiat has value because people pay taxes in fiat. Ultimately, we work, and earn in order to pay taxes (income, VAT, road tax, etc.). We spend in fiat, because the person accepting fiat will need to pay taxes and the next person will do the same, so now the whole country values your fiat currency.
Because of this, you need liquidity, you need to have some money to spend on groceries and living, and you need some money for a rainy day lest you end up in an emergency situation with not enough time to handle it with money. -- I think the more something costs, the more time you typically will have to pay it, so there might even be a formula you could create or use that helps you decide what to keep as cash, and what to spend.
So long story short, money is a token that represents a tiny fraction of your countries economy. It is also something that the government can manipulate and move around as it pleases in the same way a business invests in departments for its company. We are all just a cog in the machine that is our country's economy.
One thing I have not talked about, is the role of banks and credit and interest. I haven't expanded my thoughts in that area yet, but I feel like that they serve a different purpose.
Where does Bitcoin fit in? Well, just like gold, it is a potential asset. It has an interesting property though; it has liquidity. This give it the potential to be used for local trades, meaning that people can save their wealth and use it for local transactions too. It is global, so it also has the ability to be used for global transactions too. For now, it is an asset for saving your wealth; I think that as more people use it and favour it as a storage mechanism, more people will start to accept it for small trades too. Hey, maybe if there's a tool to easily calculate taxes from Bitcoin trades, that could help with adoption.
What would happen to fiat currency if everyone collected fiat for the sake of paying taxes, but used conversion tools to allow them to keep the majority of their wealth in Bitcoin while knowing the appropriate taxes to pay? Honestly, I fall short here, because at that point, you can no longer measure a country's economy by its currency. This is where I need to maybe learn how countries that do not have their own currency measure their economy.
I suppose governments, or ourselves, will have to invent new ways to measure and manage our economies, and I imagine i will be a much more transparent. I think it is an important question to answer as Bitcoin would shift wealth from being country wealth, to individual wealth (for everyone, not just those with enough income and education to invest in assets).
submitted by tookthisusersoucant to Bitcoin [link] [comments]

Buying Cardano is a Taxable Event?

Hi All,
I was considering buying Cardano but found that you need to purchase Bitcoin first.
According to the lovely IRS,
Does this mean you actually need to report and pay tax on buying Cardano with Bitcoin? And on that note, how the heck do you report gains if you're just holding Cardano?
Thank you in advance.
submitted by Jse54 to cardano [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to MakeMoneyOnlineGuide [link] [comments]

$15k saved, no cc debt - Should I pay off student loans or invest in retirement?

For the first time in my life I have about $15,000 in the bank and I am looking for advice on what would be the best way to invest this money into my future. Should I pay off student loans, invest in retirement, keep it in an emergency fund, other options?
Current income: Unemployed (was laid off bc of covid), but hoping to find a new job soon. I am currently receiving about $4k/month from unemployment, which is comparable to my regular salary. Rent + bills = about $2000/month, and I can be pretty frugal about my other expenses, especially since I've been self-isolating at home. How much should I keep in my account as an emergency fund, in case I can't find a job by the time my unemployment runs out? Should I keep saving until I have a bigger chunk to invest?
Student Loans: $13,600, interest rate is 5.375% - any advice as to the best way to tackle this? I've been consistently paying $300/mo via autopay (minimum is $222) after using an online calculator and entering my income. I have been paying this off for 15 years and the number just won't go down. It sure would feel good to just pay it off, but I don't want to put all my eggs in one basket. This is not a private loan - I went to a public state school so it's just your run of the mill Stafford & Perkins loan.
Retirement: I'm 37 years old and have no retirement savings. I realize I'm late in the game, and feel an urgency to invest, but I am wondering if it's a better idea to pay off my loans first. I have been looking into the Fidelity Zero Total Market Index Fund for a Traditional IRA. I decided on a traditional IRA rather than a ROTH because I've read that the short term tax breaks may not be as beneficial in the long run as a traditional IRA. (Edit: ROTH IRA sorry for the mixup!) Should I invest the max amount for the year all at once or make monthly contributions? I admittedly am totally clueless when it comes to this so any advice here is appreciated since it's my first retirement account.
Car loan: I bought a car last year and still owe $17,694.01, interest rate is 3.49 %, 60 months, financed by BMW Financial (it's not a bmw, it's just a standard mini cooper). Monthly payment is $360, $53 of which is interest. I have been paying this consistently with autopay. I ran into an issue previously when I paid off a car early and it ruined my credit score. My Fico report never fully recovered. I'd like to keep my student loans a priority since the interest rate is higher. My plan is to keep this loan as is, unless anyone has any advice for me, please share.
High-interest savings/Money Market/CD - From what I've read so far, this doesn't seem like a worthy investment at the current moment because of low interest rates/return. Correct me if I'm wrong and this is something I should look into.
Credit: I currently do not have any credit cards of my own, and I have a credit score of 670. I am currently registered as an authorized user on a parent's card, and my score dropped 80 pts when they made a big purchase without consulting me. I should be closer to 750, and I'm hoping this will recover over time. I've been told to invest in a prepaid credit card to boost my score, but this would be a last resort for me, if I have any other options for building my credit. The reason is because I would have to invest a large enough sum of money to keep my usage low, and that just seems like a waste of money when it would be invested elsewhere to bring in interest. What are my best options? Invest in a prepaid card, or just wait it out until my score recovers to apply for a credit card? The only reason why I want a credit card is to boost my credit score. I don't believe in credit card debt and don't plan on keeping a balance for any reason.
Cryptocurrency: I have about $1,200 in Bitcoin that I bought for funzies so that I could gift small amounts to family for birthdays and holidays. It's almost doubled in value, but I don't want to bank my future on this so I'm considering this more of a hobby than a financial decision. I don't plan on buying any more, but plan on holding onto what I have for at least a couple of years to see where it goes.
I realize I am way behind for my age, and I feel panicked when I think about my future. I wouldn't say that I've been financially irresponsible (I don't have any credit card debt or luxury items and live very frugally). It's more that I've been living more or less paycheck to paycheck on low income for most of my life (along with a few family & health setbacks), and my career has made a turn where I've finally been able to save in the last 2 years. If anyone can give me some advice on how to turn things around, please let me know! Thanks in advance!
submitted by imnotkiddingmaddi to personalfinance [link] [comments]

Bitcoin Tax Question

From Investpedia:
“If bitcoins are received as payment for providing any goods or services, the holding period does not matter. They are taxed and should be reported, as ordinary income.”
So. Does that mean, if you earn a 1BTC ($1000) payment in 2014 for sales goods and services, you pay your taxes on it for the 2014 tax year.
But, if you kept that original coin until now, you could cash it out for USD, at ten times the starting price? It was originally income, not an investment. Does that matter?
It shouldn’t, right? If you earn USD as income and hide it away in a hole in the ground, and the value of the dollar happens to deflate substantially after the point you earned your cash, you don’t have to pay capital gains on the increased buying power of your USD.
Thank you in advance. I am very confused about how it’s taxed in these circumstances. If capital gains taxes must be calculated, it would seem like a major hassle for a business that was making hundreds of transactions in bitcoin and holding it all, while it appreciates.
submitted by enteiwin to Bitcoin [link] [comments]

Crypto.com MCO Visa card: 10% cashback on groceries + 1-5% on other purchases + $50 bonus

I've rewritten my guide completely :)
Crypto.com is now finally shipping their MCO Visa cards in UK & EU! I have received my card this week and immediately got 10% cashback when trying it at Lidl: https://imgur.com/a/ITB39JX
I'm very enthousiastic about Crypto.com myself and all the products they offer. I'll try to explain here as clearly as I can.
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below).

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around £4,45 / €5,00, meaning that you have to lock £223 / €250 for six months to get the Ruby Steel card. You'll earn this back in about 7 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ £223 / €250) 500 MCO (~ £2230 / €2500)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (7 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of £1000 / €1000 monthly with the card and that you use Spotify. After 7 months you will have earned back your initial investment :)
But, additionally you also have the 10% cashback on groceries until the end of June plus the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of £112 / € 225 (see below about price expectation).

Value
$50 bonus immediately after staking £40 / €46
2% cashback on all purchases with the card (assuming montly spend of £1000 / €1000 during 7 months) £140 / €140
Spotify rebate (£10 / €10 per month) £70 / €70
Total £250 / €256

MCO price

The price of the MCO coin has been around £4,50 / €5 for a while. The cards have just been released for UK and EU. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins).
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to beermoneyuk [link] [comments]

Grayscale GBTC BTC Holdings Still Increasing in April

Grayscale GBTC BTC Holdings Still Increasing in April
So I have been following GBTC as a way to gauge institutional interest in BTC. In Q1 2020, Grayscale attracted $500 million while in all of 2019 it attracted $600 million.
https://sports.yahoo.com/grayscale-says-raised-record-500m-130346543.html
I also follow the Grayscale twitter which updates each day it's Assets under management (AUM). From there, I believe you can calculate how much BTC it holds by dividing the AUM by the holdings per share and then multiplying it to account for each share equaling .0001 BTC.
https://twitter.com/GrayscaleInvest
From that I put together this spreadsheet:
https://preview.redd.it/1tiap7k9wlv41.png?width=697&format=png&auto=webp&s=9089c248c69db2177ab76348ec5374a007a5a68e
What is interesting to me is that from Nov-Dec 31, 2019, the holdings of BTC only went up by 56. However each month in 2020 GBTC has increased it's BTC holdings by at least 9k a month, including April (from 315k to 324k). I expected April BTC holdings to go down as funds liquidated but that doesn't seem to have happened.
This next picture shows the % of newly mined BTC Grayscale bought in 2020. Assuming demand stays the same, Grayscale will be buying at least 40% of newly minted BTC. Just one entity that doesn't include exchanges, rich people, etc.

https://preview.redd.it/thoxz7yiwlv41.png?width=561&format=png&auto=webp&s=536aed4fe53dea1aed04c886a33a9e08a4b530f7
So from this information, it seems like an easy supply/demand problem. If demand stays the same, supply gets cut in half, price should go up. And I feel like Covid-19 has accelerated the interest in bitcoin as central banks around the world have started printing to infinity and beyond.
Not sure if I made a mistake analyzing this information so any other opinions would be helpful. Just something I put together real quick that I thought was interesting and makes me think bitcoin is attracting strong interest still.
submitted by msl2008 to Bitcoin [link] [comments]

Patch Notes Thread

Dear Escapers!
We are glad to present you the preliminary patch notes for the 0.12.7 patch!
Added:
• Customs expansion (expansion of industrial area, construction site, added many new explorable buildings, stationary weapons, new location for Reshala spawn etc.)
• Added new scav boss - Sanitar.
A former doctor, he worked in the health resort "Lazurny bereg", and before that in the TerraGroup laboratory. After the events that happened in Tarkov, he gathered a gang with former colleagues and operates on the "Shoreline". Actively uses professional skills in combat, quickly healing himself and the gang members. He uses various stimulants and medications, including those of his own production. He can quickly perform surgery by pulling out a bullet or applying a tourniquet on the field. Sometimes he is loyal to the Scavs and can leave a couple of first-aid kits or other medical supplies for his own group members on location
• New quests on Shoreline
• System for reporting suspicious players, unacceptable nicknames and game bugs abusers (on the post-match screen)
Improved AI behavior:
• Bots can pick up items now
• Improved AI behavior when they see bodies
• Bots now can pick up a second firearm from bodies
• AI now can greet each other or player scavs, showing their peaceful intentions
• Bots will eat\drink while in peaceful mode
• AI will perform a mag check when in peaceful mode
• Bots can check someone for friend or foe by aiming at him for some time, if they’re not sure of one’s intentions
• Bots will sprint while patrolling if they consider the spot being dangerous
• AI will be able to storm the player as a group, if he’s holding position and attacking them
• AI will try to avoid dangerous places
New weapons:
• FN GL40 Grenade launcher
• Mossberg 590A1 Shotgun
New ammo:
• .366 AP-M
• .45 ACP Hydr-Shock
• 9x19 mm QuakeMaker
• 9x19 mm 7N31
• .45 ACP Lasermatch FMJ
• .45 ACP AP
• 7.62x51 mm M993
• 40x46 мм M381 HE
• 40x46 мм M386 HE
• 40x46 мм M406 HE
• 40x46 мм M433 HEDP
• 40x46 мм M441 HE
• 40x46 мм M576 buckshot
Added new stimulants:
• 3-(b-TG)
• L1 (Noradrenaline)
• P22 (Specimen 22)
• AHF1-M
• Meldonin
• "Obdolbos" cocktail
• M.U.L.E
• Added an additional icon for the network connection status in case of high packet loss
• In the container slots window, the container tag is now displayed in the header
Iteration of improving and reworking the skill system:
New skill "Surgery"
• Reduces HP penalty for surgery
• Improved surgery speed
• (Elite) No HP penalty for the restored body part
• (Elite) Maximum increase in the speed of surgery
New skill "Aim drills"
• Increase of the aiming speed
• Decrease the volume of aiming
• (Elite) No hand shaking at any stamina value, first 2 seconds after aiming
• (Elite) Reduced hands shaking during tremor and fracture, the first 2 seconds after aiming
Rework of the “Strength” skill
• Increase all weight limits
• Increase the speed of the sprint
• Increase the jump height
• Increase the strength of the grenade throw
• Increase the strength of a melee attack
• (Elite) The weight does not take into account the weapons on the sling and on the back
• (Elite) Melee attack can be stronger than usual
Rework of the "Endurance" skill
• Increased feet stamina
• Reduced stamina consumption for jumping
• Increased holding breath time when ads
• Increased the speed of breath recovery
• (Elite) Maximum increase in breathing recovery rate
• (Elite) Breathing is no longer dependent on energy
• (Elite) Increased stamina reserve
Various fixes in old skills
• Added 5 HP to the health of “Chest” zone (from 80 to 85)
Optimization:
• Optimized the rendering of decals
• Fixed freezes that happened when the sound of thunder or the sound of grenades exploding was played
• Optimized the performance of the game server
• Fixed an issue with killing the boss of a group of raiders who appeared on the scene after interacting with the trigger was leading to errors on the server
• Minor optimizations on the first shot or hit
• Optimization of hideout sounds
• Fixes of errors that could potentially lead to different freezes
Fixed:
• Iteration of fixes and corrections in UI
• Bug with the PostFX menu that remains on the screen after closing the settings
• Bug playing the sound of contusion if the sound is turned off in the settings
• Bug of jerky animation of shooting weapons in the Hideout shooting range
• The passage of raiders on the laboratory through the doors
• A bug that allowed you to quickly move when constantly tapping the "Run" button when overweight
• AS VAL with the handle adapter "Rotor 43" is now impossible to fold
• Inability to exit the location via the paid exit “Car”, if you reconnect at the start of the exfil timer
• Bug with throwing away the magazine when reloading the weapon via the context menu
• Error 228 when receiving items from an expired email
• Formulas for calculating prices for items with its resource and its commissions
• After the reconnect, the equipment that was not searched become searched
• The sound of the visor on/off remained at one point, and does not follow the character
• Bug that wouldn't block buttons on the bottom panel after reconnecting as a Scav
• Interface block if you go to the “Map” screen without a map
• Bug when the "Receive all" button opened only the first and last message with items
• Various bugs with switching the sound from “outdoor " to "indoor", and back, when reconnecting
• Bug of not blocking an item after it was added to the merchant's sales table
• Cartridges from packs of cartridges found in raid now have the status " found in the raid”
• Error when studying items from the scav box
• Fixes in the flea Market
• The search will be updated if you delete and add an item to the wish list
• Loss of a player's nickname and rating from the offer line after applying filters
• The “search by item" option now resets the selected filters
• Bug displaying the loading spinner on top of the list of offers
• The mount without the “Found in raid" label ceased to be semitransparent (blocked) in the selection of the item for the offer, if you put and remove the mod on it
• Bug when the merchant's avatar was flattened
• Incorrect tag behavior on marked items for a flea market offer if you select multiple items from the container, closing and opening the container
• Horizontal scrollbar on the product sales screen
• Bug when the player couldn't put 2 identical weapons on the flea market if one of them was included in the starter kit for pre-order
• Error 1508 - You send bad items- when putting an empty pack of cartridges on a flea Market
• Bug, when for buying through a flea market goods from npc merchants needed items found in raid
Fixed in weapon presets
• Displaying the indicator “you have mods to build” when there are no mods for the build in the stash
• Bug when the build could have been built with the wrong mod that was not in the preset
• Weapon disassembly bug if you build the same preset twice with the same weapon
• Ability to select items that are blocked for purchase, via the presets by clicking the button “Select all”
• Packs of items are no longer displayed in the purchase lists of preset mods
• The purchase lists of presets no longer display items the player's own offers
• Added an error about lack of space when purchasing preset mods
• Bug when opening presets through the lower panel that caused the game client to freeze
Fixed in the hideout
• Various fixes in the bitcoin farm
• White authorization screen if you improve the pre-order version while in the hideout
• Bug when it was possible to install a filter with zero resource in the “Water collector” and it could not be uninstalled
• Calculation of fuel consumption time in the “Generator " zone
• Bug duplicating the canister icon, when selecting a canister, in the “Generator" zone
• Various bugs in group chat
• Bugs with the discharge of weapons in the stash
• Incorrect position of the fire mod pin and the turn of the barrel of the PPSH
• Visual bug for displaying a zero bonus in the base level zones in the Hideout
• Visual bug with the availability of time selection before the raid on the Laboratory screen
• A bug where the player could spawn outside the location
• Spamming error NullReferenceException: MuzzleManager
• An error that occurs every time after treatment or getting a fracture
• "Failed to create device file" error that occurs during client downtime
• Errors when assigning voice commands
• Spamming error when a large number of bots are active in the offline mode
• Various errors while loading in raid
• Various bugs and issues with Customs location
• Various bugs and improvements related to AI
• Fixed a bug when bots didn't follow a grenade throw with a voiceline
• Fixed a handful of bugs related to bots getting stuck
• Fixed a bug where a Gluhar would not react to a killed in the head ally
• Fixed a bug when bots tried to heal a blacked out body part
• Bots are now able to treat debuffs on blacked out body parts again
• Fixed a handful of bugs with bots knocking out doors
• Other AI related bug fixes and improvements
• Various localization fixes and improvements
• Other minor bugs and issues
Changed:
• Now it is possible to examine items from the construction requirements screen in the Hideout
• Added displaying the time before the bleeding effect disappears in the stash
• Now if you are not matched to the raid within 45 minutes, the search will be canceled
• Updated SV-98 animation, hold, new animations when entering and exiting a sprint, new hold in the menu and on the loading screen
• Updated PPSH animation, hold, and new animations when entering and exiting a sprint
submitted by MiNNOCENTWORKACCOUNT to TheScavLands [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to promocodes [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to CryptoAirdrop [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to Referral [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to friendlyreferrals [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to Crypto_General [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to referralcodes [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to signupbonuses [link] [comments]

Bitcoin: Will the 50 week MA ($8800) hold? Bitcoin Mining and Trading Video Course - YouTube Buy and Hold Wholesale Offer Calculating Spreadsheet How to buy Bitcoin for Beginners How to Find Cheap Coins to Buy and Hold

Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. This content and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content. Once approved and cleared, you can buy Bitcoins for up to 15,000 USD with your credit/debit card. Purchase Bitcoin. Log in to the Coinmama account you created in Stage 1, enter the desired wallet address, fill out the form and buy Bitcoin instantly. Buy Bitcoin with Debit Card. If you don’t have a credit card, you can also buy Bitcoin with Personal Loan Calculator; revealed half of the 28 bitcoin and crypto experts surveyed thought it was the right time to buy bitcoin, with 32% recommending investors hold and 18% saying it was Multiple-fold drawdown reduction as compared to the buy-and-hold approach. Improved risk-adjusted performance overcomes current Bitcoin limitations for investment portfolio diversification. Note that a bubble-like price acceleration phase with a subsequent correction constitutes the most common repeating pattern of the Bitcoin price history. I will look at 2 mining strategies and see how it compares to the buy and hold strategy: Buy and Hold Strategy: one buys Bitcoin and holds for the long-term; Mine and Sell to Cash: a miner buys a mining rig and sells all bitcoins mined daily to cash for the life cycle of the machine; Mine and Hold daily profits: a miner buys a mining rig and sells enough Bitcoin to cover operational expenses

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Bitcoin: Will the 50 week MA ($8800) hold?

Who Wants To Be A Bitcoin Millionaire? - our FREE bitcoin mining and Crypto Trading VIDEO Course aims to help users from all technical backgrounds understand the benefits of cryptocurrencies like ... Support Me On Patreon! https://www.patreon.com/TheModernInvestor ----- Protect And Sto... Once you buy the bitcoin, you can have the exchange hold your crypto. Alternatively, you can transfer for your funds to a wallet. The exchange and wallet of choice for this video is Coinbase. BITCOIN BTC #BTC MINING BITCOINCASH bcc #bcc open an account invest in bitcoin buy bitcoin ethereum litecoin usi-tech bitconnect cryptocurrency merch amazon ecommerce ecom crypto usi tech USI Tech ... BUY AND SELL BITCOIN ON PAYPAL CONFIRMED ETHEREUM BEAST MODE Crypto News 2020 - Duration: 14:16. Lark Davis 17,664 views. New

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