So I went in big with Litecoin. Even if it only goes up to

What does ltc have to offer? Imo it's bitcoin 0.5 and eth is btc2.0

>>2462499
Its actually bitcoin 1.5

File: 1473717490053.jpg (56KB, 500x500px) Image search: [Google]

56KB, 500x500px

>>2462479
>So I went in big with Litecoin.

>>2462479

Long term capital gains at 15% is what I keep hearing. Best to hire someone that specializes in crypto taxes for this, though.

>>2462479
If your cashing out in the US expect to pay 15% capital gains tax if you've held for more than 1 year. Plus whatever Coinbase or a competitor will charge as a xfer fee (1.49% for CB). The capital gains are paid on profit, so less the amount you paid for your coins.

>>2462499
In terms of tech, I think decred is the best.

>>2462550
>>2462555
>>2462479

capital gains is 0% as long as you make less than ~$35k/yr

>>2462479
>I hold both US and German citizenships.
>German citizenships

Lucky you, hold your BTC one year and its taxfree in germany

File: LiteCoin.jpg (729KB, 1300x868px) Image search: [Google]

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>>2462499

It has tremendous stability, has some of the best crypto programmers working on it, and has a roadmap towards success that is actually feasible.

More importantly, it's been around and has the long-term name recognition and reputation all other altcoins lack. As more and more normies get into cryptocurrencies, the simplicity and branding of Litecoin will make it invaluable.

>>2462629

Seriously? Got any german articles on this?

you will make profit. you will make profit with btc and eth too though.

>>2462646
Sure

https://www.welt.de/finanzen/geldanlage/article117493178/Bitcoin-Geschaefte-sind-nach-einem-Jahr-steuerfrei.html

>>2462499
Iota is btc3.0

> worries about taxes on FUTURE profits
What a retarded Gene pool: Germans.

>>2462685
You are probably one of those types who live in the moment and lose all shit Hookers, cocaine and P&D

>>2462555
> capital gains tax
USD Tether. From what I keep hearing, transfer everything you have into it once every year to circumvent the tax

>>2462479
>>2462632
I kinda believe this too. Once BTC turbomoons people will try and get in like "BTC is too expensive now but this is the silver to BTC so i will buy that instead

>>2462479
I hope you are ready for a wakeup call
>Litecoin will die on 1st of August after SegWit activation in BTC

Dont sell at $100. It is going to $300-400 following eths path

>>2463319
Muh 10 minute confirmation times.

>>2462699
what

>>2463085

Exactly. It's a win win. Either bitcoin keeps doing well and litecoin will scale along, or bitcoin dies and litecoin is instantly in the best position to become the next bitcoin.