/biz/ - Business & Finance

tfw holding parsiq

>>22488245
This pos pumped and dumped twice. Number 3 is gonna be a fun watch

>likelyhood
More like unlikelyhood
https://www.crypto-news-flash.com/ripple-xrp-will-complete-global-expansion-into-195-countries-by-2021/amp/

>>22310964
That’s the dongoloid energy we need in here. All in never selling fuck Jed he’s going to die

I'd like to know a little more about the technical hierarchy of the moving parts in Chainlink. Inb4 don't spoonfeed the newlinkers, I've held for a few years and have been active in a lot of the discussions of Chainlink's importance, but more with a conceptual level of understanding. I'm just not familiar with the nitty gritty technicals of how tokens and Dapps relate to their parent Ethereum chain.

I'm trying to figure out what form the Chainlink app and its "adapters" actually take, what the hierarchy is between each other and network nodes, and how much of it is on the blockchain or is code run locally by network participants. So this is more a general question about the Ethereum infrastructure.

Conceptually I understand Chainlink the service is blockchain agnostic because it's just a Dapp interacting with external adapters and the LINK erc-677 token, and it can be migrated to any other EVM smart contract platform and run with wrapped LINK. When Smart Contract the company is developing Chainlink, what form does their product actually take? Are all the components of the Chainlink network just Ethereum smart contracts that the team can supercede with updates, and interface with nodes running relatively basic software? Or is it mostly code that nodes run locally off-chain, and then there are just a few Ethereum smart contracts that handle requests for data and aggregate answers from nodes?

I don't want to hog a whole thread with my tax questions so feel free to ask your own. I'm close to booking some profits on a long term hold but it's unclear to me what info I'd have to provide when I eventually files taxes so I can avoid being buttfucked by the IRS. It also makes me unsure of how I would calculate my gain/loss. FYI I'm a burger :(

>inb4 taxes are for cucks, I know, and I just want to be able to sleep at night in the future without worrying about an audit

I've held a position since 2018 I'd now like to sell a little of, and I'm trying to determine what capital gains tax I'd expect to owe. The US tax forms coinbase issues you ask you to list your transactions to determine your net gain/loss. Before I entered this position in 2018, I had made hundreds of tiny trades across many exchanges, and didn't report them those years because I never cashed out to a bank, didn't really net a real profit or loss in that time, at the time I didn't know crypto-crypto was taxable, and now in retrospect it would be a nightmare getting all the trade histories and enumerating them in USD (their values at the time of trading are only listed in BTC or other alts). Plus, some of those exchanges are now defunct or no longer accessible to burgers or I might simply have forgotten that I used one. If I bought this crypto in 2018 and sell some of it this year at a gain, will the IRS ask about ALL the trades in 2017-2018 leading up to when I bought this crypto, in order to determine my cost basis? Or do I just reference the single trade that acquired what I'm selling now, which happened almost 2 years ago, and that's my cost basis?

Maybe this is a dumb question, appreciate the help though.

What are the best jobs to get into right after graduating from high school? So many of my younger friends are now annoying wagecucks complaining about their fast food careers.