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xrp_sea

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  1. https://flare.xyz/spark-flr-tax-treatment/ So, according to the tax attorneys at Tjong & Hsia, the tiny fraction of XRP (0.000012 XRP) that we used to "claim" our Spark constitutes a payment and creates a contract guaranteeing future delivery of Spark.
  2. Good, and hopefully this is the last surprise. There is no need to change the location of the goal post right before the game starts.
  3. It seems a little late in the game to be changing the rules like this. They are bending over backwards for the IRS. Every country has different tax rules and they are not going to please everyone. I wish they would just stick to the original plan. This isn't great for their credibility.
  4. I would recommend blocking Troote like I did a while back. He has diarrhea of the mouth and generally has nothing intelligent to add to the discussion. Unless, you like reading ***-for-tat BS.
  5. It's only 60 days. It's not a big deal in the grand scheme of things.
  6. CNBC article pertinent to this discussion: https://www.cnbc.com/2021/05/25/bitcoin-crash-opens-door-to-a-tax-loophole-for-investors.html
  7. I wouldn't assume that, but a short squeeze is definitely in the cards. It depends on how quickly the price rises as they close out their positions. It'll be interesting to watch.
  8. Yes, I agree and I'm not sure what to think about it. It seems like a very risky gamble to short an asset when it's down this far.
  9. That is a huge increase in short positions over the last few days. If the price starts to change direction, it could trigger a short squeeze. I speculate we will see this happen in the near future.
  10. Folks, this is a classic shakeout. It's turning out to be a bit deeper than I expected though. But the bull run is alive and well, trust me. I've been in crypto for almost 9 year now. This will turn out to be a minor correction on the larger bull run chart. Zoom in on the previous bull runs. They never went straight up. Buy low and sell sell high. It sounds so simple, yet so many people do just the opposite. It's because of times like these that cause people to make decisions based on their emotions. Stay strong my friends.
  11. Smartest post I've seen in a while on here.
  12. Jed and the other Ripple founders and execs are excluded from the FLR airdrop.
  13. I think he means the secret key for his 2-factor authentication device, which makes sense. I would continue to try to work with Coinbase, and if that doesn't work, file a report with the authorities. CB has a reputation for poor customer service. Did you keep any old statements to verify your account and balance?
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