/biz/ - Business & Finance

[Anonymous No.19419916]

Five words.

PASSIVE
INCOME
FROM
THE
NODES

Are you finally starting to understand, NoLinkers?

[Anonymous No.19420176]

how much passive income for running a neet node without any coding experience and holding 431 link?

[Anonymous No.19420207]

When? How much? I just need 80k/yr after taxes and I'm done with waging.

[Anonymous No.19420212]

>>19418195
Here's a link to your other fail thread where you were eternally btfo

[Anonymous No.19420216]

>>19419916
how is it passive when i have to work for the data and server uptime, get premium data, get myself on the map by gaining reputation and keeping up with popular demand to retain a profitable operation

[Anonymous No.19420223]

>>19420216
thats for high quality professional nodes which probably earn 20% a year. staking probably returns 10% a year and NEET nodes 15% a year

[Anonymous No.19420225]

Last three digits is how many links I will buy

[Anonymous No.19420241]

>>19420176
That depends on the data you're selling my dude. No way to say. You lock up those link in collateral in case you deliver faulty data, and users lose money because of said data, they get yours instead.

It's a free market solution, so there's no way to say for sure what kinda returns to expect.

[Anonymous No.19420312]

>>19420223
nice numbers you pulled out of your ass + there is no staking without fulfilling job requests by providing the right data in an extremly reliable fashion. there's no retarded pos system in chainlink, it's all about providing a real service, nothing about it is passive you fuckhead.

[Anonymous No.19420345]

>>19420312
look man no need to get aggressive, i agree with you. most returns (20%+ a year) will be to people actively running a node. but there will be still returns for people who passively stake (10% a year) and people who set up NEET nodes (15% a year)

[Anonymous No.19420393]

>>19419916
Isn't that considered like a standard income with 40%+ tax in Germany ?

It may be needed to create a company to reduce taxes on it...
Does someone have experience with this ?

[Anonymous No.19420405]

>>19420393
It will be in a lot of tax jurisdictions. I know airdrops and staking are taxed like regular income here in UK.

[Anonymous No.19420406]

>>19420393
isnt crypto tax free in germany? just withdraw gains to a crypto brokerage, withdraw it and say its just crypto appreciation gains

[Anonymous No.19420420]

>>19420406
Nope, Crypto is viewed as captital gains and is therefor taxed accordingly. Expect about 20-30% depending on if you are still a member of the church or not.

[Anonymous No.19420454]

>>19420405
It makes sense in that case yo create a company to reduce taxes on staking.
Airdrops are seen as buying at 0 in some countries, and can be sold after 1 year in Germany tax free I think.

>>19420406
Only if you buy it and hold it for 1 year before selling and get not interest on the coin, in which case you may have to wait 10 years if the tax man decides to steal from you with an old law which should not apply to crypto...

For income from things like staking or mining, this does not apply and it's probably taxed to the fullest like a wage income.

Btw you still have to report your crypto gains even if they are tax free after 1 year, if you want to avoid problems.

[Anonymous No.19420478]

>>19420420
>depending on if you are still a member of the church or no
Kirchensteuer is around (% of the tax and capped at around 3% - 4% of your total income.
That being said fuck this homo cabal. I would rather donate 5% to the Latin Mass SSPX or to the Orthobros than to Bishop (((Marx))) and his cronies

[Anonymous No.19420481]

>>19419916
Five words:
Takes
A
Fat
500k
Dump
On
Linktard
Heads

[Anonymous No.19420516]

>>19420478
Fuck, you are correct, Kapitalertragssteuer is about 26% to 28% due to that.

But I agree - I find it rather bewildering that my tax money is used for a church that I have nothing to do with. Really gotta get myself out of that.

[Anonymous No.19420517]

>>19420420
That's new to me.
Crypto were not viewed as standard stocks until now.
I reported it with my income last year (priv. Veräußerungsgeschäft).
The reason you can cash it out after 1 year tax free is because it is not considered for capital tax gain which taxes everything but like gold for example.

[Anonymous No.19420534]

>>19420517
I remember there being some bullshit about the amount of realized profit, but then again, I quickly dropped thinking about investing in crypto altogether, so I could be spewing bullshit right now.

[Anonymous No.19420540]

Is there no one here with experience creating a company for crypto tax optimization ?
Or with experience creating a company in Germany ?

[Anonymous No.19420553]

FIVE WORDS

I AM ORIGNAL NICO POSTER

[Anonymous No.19420555]

>>19420516
>But I agree - I find it rather bewildering that my tax money is used for a church that I have nothing to do with. Really gotta get myself out of that.
I think you get latea sententiea excommnuciation if you leave the Church.
Ofcourse no priest will probably say anything if you still attend mass but you might get recked if you die and they won't give you a catholic funeral or if you want to marry or if you want to become someones godfather.

Funny thing is: I talked to my normie priest and he hates the Kirchensteuer (and implied most priests do to) because it prevents them from publicly opposing the governments. Only our corrupt bishops like it.

[Anonymous No.19420568]

Would staking returns in the US be taxed like dividends? If so thats /comfy/, i think thats a lower tax rate than my 45k/year job

[Anonymous No.19420618]

>>19420555
>>19420516
I am ust reading up:
You might switch to Byzantine Catholic (still full communion, proper rites etc) and then not be subject to Kirchensteuer while maintaining all Catholic privileges.
However switching rites can be a long and bureacratic process.

[Anonymous No.19420717]

>>19420555
>>19420618

Thanks for the advise, I hope other anons are helped by this - But I'm actually not catholic, thus I don't have any of these problems, really. Getting out of the protestant church is as easy as going to the cities bureau and telling them I'm no longer willing to pay for an institution I don't participate in.

Thanks for the research tho!

[Anonymous No.19420834]

>>19420717
>Thanks for the research tho!
You're welcome
>I'm actually not catholic
Become Orthodox :DDDD
Save your soul in an actual proper church AND don't pay Kirchensteuer

[Anonymous No.19420863]

>get 20%
>link price goes down 50%


It’s a win win!

[Anonymous No.19420885]

>>19420834
>Become Orthodox :DDDD
inb4 shilling for a Church not your own.
All Catholics are Orthodox (true believing)
All Orthodox are Catholic (Universal).
The Schism is a political issue and not a theological one.
If anyone has a good shot at heaven (after Catholics) it is the Orthodox.

[Anonymous No.19420995]

>>19420863
more like get 10% passive income and link doubles

[Anonymous No.19421009]

>>19420885
C O P E
Catholics are a literal sect headed by a figure revered as much as God himself. If anyone is not going into heaven, it's the Catholics.

[Anonymous No.19421025]

>>19421009
t. Pastor Jimmy who at his ukulele mass proclaimed that Jesus himself wrote the King James Bible

[Anonymous No.19421058]

>>19420176
You and most Link holders won't be able to run your own node as its very challenging to set it up right.
Better look for staking pools doing all the work for a small cut of the profits.
Look into Linkpool. The founder is an official member of the Chainlink dev team. Also LP is fully decentralized, your Link never leave your wallet.

[Anonymous No.19421071]

>>19419916
Anyone have thr non photoshopped version of this?
>>19418285

[Anonymous No.19421090]

>>19421071
https://thedefiant.substack.com/p/defi-builders-are-neglecting-data

[Anonymous No.19421101]

>>19421090

[Anonymous No.19421108]

>>19421101

[Anonymous No.19421154]

>>19421090
By 'rest of the year' does Sergey mean staking will be done by end of 2020 or by June 2021? Or is that just what he's been working on with no timeframe specified?

[Anonymous No.19421161]

>>19421009
tough to some degree, seeing the strong subversion the Jesuits did in America and how they as a formerly Catholic order are now one of the main vectors spreading homosexuality and degeneracy, I understand your sentiment.

[Anonymous No.19421173]

>>19421154
I guess he means by the end of 2020 as a rough estimate, but as always its impossible to guarantee these things and it's just Sergey's guess.

[Anonymous No.19421187]

>>19419916
Five words.

DIDN'T
READ
AND
NOT
SELLING

[Anonymous No.19421317]

>>19419916
So...what Suterusu has been doing for months?

[Anonymous No.19421337]

>>19421317
Suter is -90% since it came out, the difference is link is valuable your shit is not and never ever will be.

[Anonymous No.19421427]

this thread read's like the song Two Words


OFFICIAL THREAD SONG


https://www.youtube.com/watch?v=tkFOBx6j0l8

[Anonymous No.19422016]

>>19421337
SUTER holders have around the same amount of USD value as long as they were staking. You missed the point.