Prinz Eugen, der edle Ritter 📚 (@primesna) header
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Prinz Eugen, der edle Ritter 📚

@primesna

auf der Rechten. Tät als wie ein Löwe fechten.

Joined November 2021
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Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)Photo by Prinz Eugen, der edle Ritter 📚 (@primesna)
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When the ETFs begin trading... 🚀🚀🚀
Nate Geraci (@NateGeraci) profile pictureNate Geraci
@NateGeraci3 Jan 2024
Update on spot bitcoin ETFs… “Sources close to the proceedings say the SEC could begin notifying issuers of approval on Friday with trading beginning as early as next week.” via @EleanorTerrett
Image from Nate Geraci (@NateGeraci)
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Ah, so the ETFs were priced in after all!
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Prinz Eugen, der edle Ritter 📚 retweeted
Jerry Brito (@jerrybrito) profile picture
Jerry Brito
@jerrybrito2 Jan 2024
Replying to @TheCryptoCPA
The obligation applies to *individuals* if they receive $10k+ in the course of their trade or business, not just "businesses." So, if I'm a miner (even as an individual) I'm covered. Also, if I'm a day trader (even as an individual) I'm covered. If I'm an NFT artist it would also cover me even if I don't have an incorporated business, etc. Again, it is not just "businesses" that must comply but individuals too if they receive the funds in the course of their trade or business. That all said, what constitutes "trade or business"? Well, it's not exactly clear from Treasury guidance to date. No clear bright line rule that I can find. We point this out in our lawsuit: And also in the report we published a while back:
Image from Jerry Brito (@jerrybrito)
Image from Jerry Brito (@jerrybrito)
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I ain't engaged in no trade and no business
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Imagine holding a Bitcoin ETF in an IRA. No capital gains tax. 👀
Ansem 🐂🀄️ (@blknoiz06) profile pictureAnsem 🐂🀄️
@blknoiz061 Jan 2024
i dont even understand why yall are trying to psyop yourselves into thinking the etf shit is bearish, bro the largest asset manager in the world is backing a spot bitcoin etf and shilling it on national tv to everyone with a fidelity account what the fuck more do you want?
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Happy New Year, degens! Here's to making millions in 2024
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Predictions for 2024: 1) You will purchase a gently used 2001 Honda Civic
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Would be a regulatory headache, but interesting to see if it could be implemented. No one is paying $50 transaction fees to trade stocks on $ETH. Why would I, when I can trade from my brokerage account with fees of $0? But on $SOL, transaction fees ARE essentially $0.
SolanaFloor (@SolanaFloor) profile pictureSolanaFloor
@SolanaFloor31 Dec 2023
🚨BREAKING BIG : @JupiterExchange Co-founder just hinted that soon you will be able to trade stocks, forex, and commodities all in one place on Jupiter Exchange
Image from SolanaFloor (@SolanaFloor)
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BTW, a Solana coin backed by a stock or ETF would be better sound money than Bitcoin. Let that sink in.
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I think so, too.
Santiago R Santos (@santiagoroel) profile pictureSantiago R Santos
@santiagoroel30 Dec 2023
$750-1,000 🎯
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Know which assets you are TRADING. Know in which assets you are INVESTING. $JUP is for investing, degens. Its price may fluctuate (up or down) in the short-term. Do not let this distract you. Be patient. HODL.
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Prinz Eugen, der edle Ritter 📚 retweeted
Solana Legend 🎒💧 (@SolanaLegend) profile picture
Solana Legend 🎒💧
@SolanaLegend31 Dec 2023
The first 2 way SOL-BTC bridge has launched 🤯 Sobit, allowing Bitcoin assets such as $ORDI can be bridged to Solana & trade freely as SPLs From $50 tx fees and 20mins to $0.00001 per tx & instant confirmation SPLs such as @bonk_inu can also bridge and trade on BTC as BRC 20s!
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About to claim some more #BONK. Adding to my stash.
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Panic. Sheer, utter panic.
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I can't wait until AI can do my crypto tax returns.
DCinvestor (@DCinvestor) profile pictureDCinvestor
@DCinvestor28 Dec 2023
in the next couple of years, someone will release a free AI capable of doing 95% of all US tax returns it will decimate the tax prep industry, and then the gov will finally simplify the tax code (which has only been kept onerously complex because of tax industry lobbying)
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The below remains my view regardless of whether @solana spot price today is $70, $90, $100 or $140
Prinz Eugen, der edle Ritter 📚 (@primesna) profile picturePrinz Eugen, der edle Ritter 📚@primesna27 Dec 2023
IMO, the worst-case scenario for $SOL this cycle is x2 from here to around its previous ATH market cap. Not a wild prediction considering the amount of $USD inflation we have had since $SOL ATH. The best-case scenario is $SOL flipping $ETH, and that's potentially x12 or more.
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Banana Miner is good for one thing only. Take a look at the accounts shilling it. Never trust them again.
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Yes, I am a one-man cabal
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People in this space are too nervous. The Fed is about to airdrop tons of liquidity, which will immediately flow into risky assets. What do you think will happen to crypto, esp. now that investing in BTC will become stupid-easy via ETFs? Relax. Invest. HODL.
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