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Topic: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform - page 20. (Read 89651 times)

legendary
Activity: 1596
Merit: 1061
Smile


Really impressive funfair team, looking forward to release
legendary
Activity: 1596
Merit: 1061
Smile
An interesting topic came up the other day to do with capital gains tax reporting that left me scratching my head..... Digital currency is an international phenomenon, I live in the United States, and to my knowledge, the IRS has no jurisdiction over any digital currencies that I'm aware of. How can someone be obligated to report gains or losses in crypto when both parties of every transaction are anonymous? And on top of that, you'd be getting double taxed, once on crypto transactions, and again if your gains are exchanged for U.S dollars. That's like paying taxes on your poker chips at a casino, and then getting taxed again when you cash your chips in for dollars. Thoughts?

I don't think it works that way.  Uncle Sam likes a piece of the pie, whether or not you pay transaction fees.  US government requires you to pay income tax.  Transaction fees are not a tax.

Should not apply if you use crypto as a currency (to buy goods and services) and not an investment, maybe an option that is unavailable or no one has looked at it....
member
Activity: 99
Merit: 10
Hello everybody. How do you think when the coin will cost $ 1. At whom what opinion on this bill. Thanks for the answer. Good luck to all.

Purely speculation.  The only thing that is predictable with cryptocurrency is that it isn't predictable.  It will be interesting what happens to the price, when the platform is released and some casinos go online.  If it makes it to $1 a coin, I'll feel pretty rich!
member
Activity: 99
Merit: 10
An interesting topic came up the other day to do with capital gains tax reporting that left me scratching my head..... Digital currency is an international phenomenon, I live in the United States, and to my knowledge, the IRS has no jurisdiction over any digital currencies that I'm aware of. How can someone be obligated to report gains or losses in crypto when both parties of every transaction are anonymous? And on top of that, you'd be getting double taxed, once on crypto transactions, and again if your gains are exchanged for U.S dollars. That's like paying taxes on your poker chips at a casino, and then getting taxed again when you cash your chips in for dollars. Thoughts?

I don't think it works that way.  Uncle Sam likes a piece of the pie, whether or not you pay transaction fees.  US government requires you to pay income tax.  Transaction fees are not a tax.
sr. member
Activity: 560
Merit: 256
Hello everybody. How do you think when the coin will cost $ 1. At whom what opinion on this bill. Thanks for the answer. Good luck to all.
newbie
Activity: 62
Merit: 0
An interesting topic came up the other day to do with capital gains tax reporting that left me scratching my head..... Digital currency is an international phenomenon, I live in the United States, and to my knowledge, the IRS has no jurisdiction over any digital currencies that I'm aware of. How can someone be obligated to report gains or losses in crypto when both parties of every transaction are anonymous? And on top of that, you'd be getting double taxed, once on crypto transactions, and again if your gains are exchanged for U.S dollars. That's like paying taxes on your poker chips at a casino, and then getting taxed again when you cash your chips in for dollars. Thoughts?
newbie
Activity: 62
Merit: 0
@The FunFair team: what are the current progresses? I like the idea of the coin, but I don't see much progress the last time.
I'd like to hear so I could decided to invest more or not...


Check out the telegram group. https://t.me/FunFairTech

It is very active with Alex answering questions all the time. Many projects could take some notice of the transparency and communication that happens with FunFair.

https://i.imgur.com/SUxLW4s.jpg

Nice little chat channel, but Alex is a douche.
sr. member
Activity: 322
Merit: 250
@The FunFair team: what are the current progresses? I like the idea of the coin, but I don't see much progress the last time.
I'd like to hear so I could decided to invest more or not...


Check out the telegram group. https://t.me/FunFairTech

It is very active with Alex answering questions all the time. Many projects could take some notice of the transparency and communication that happens with FunFair.

newbie
Activity: 62
Merit: 0
https://image.ibb.co/kqkNnw/Fun.jpg

I'm unable to embed it.... Code doesn't seem to be working here.
newbie
Activity: 62
Merit: 0
Xoтeл бы yзнaть o пepcпeктивax дaннoгo пpoe
Developers please give fresh news on the coin. The coin is excellent, but I want to know that you are developing a coin, I hope that you will hear the partners and give the latest news. All We are waiting.
ктa

Quote
We are also working hard at our plans for 2018 and will be providing a wider, more comprehensive company update on the 20th December.

The FunFair Team
Source : https://funfair.io/awards-latest-product-update/
member
Activity: 192
Merit: 13
Trust this coin. The reward ratio can be extraordinary high.
newbie
Activity: 62
Merit: 0
Why there's no any news about project? Huh

I had checked the Media updates and announcements , they had nothing tangible happening asides petti card games.
Was hoping to see mainstream gaming integrations such as EA SPORTS, FANTASY FOOTBALL, TOUR OF DUTY and many more games.
I was really disappointed.
what they have is basically low-keyed blackjack.  Angry



Gotta be patient, it takes time to hammer these things out. It's better that they take their time, and make sure devs play their cards right (no pun intended).
This was an interesting interview I dug up on the tube here, published back in June, should put your mind at ease.
member
Activity: 182
Merit: 11
Why there's no any news about project? Huh

I had checked the Media updates and announcements , they had nothing tangible happening asides petti card games.
Was hoping to see mainstream gaming integrations such as EA SPORTS, FANTASY FOOTBALL, TOUR OF DUTY and many more games.
I was really disappointed.
what they have is basically low-keyed blackjack.  Angry

member
Activity: 129
Merit: 10
Why there's no any news about project? Huh
There will be platform release in 31 March! Hope it will not be postponed.
full member
Activity: 140
Merit: 100
new showcase update is now available.
- New lobby with improved navigation and visuals
- Three card poker
- Video Poker on Fate Channels
- Existing on-chain games now running on new V3 fate channels
- New music and SFX
- New graphics FX
- UI and layout improvements



https://twitter.com/FunFairTech/status/938814561142099969
full member
Activity: 143
Merit: 100
LET'S MINING, EARN & LIVE WITH IT. JOIN ME
buy as many as you can and HODL 'til it goes to the highest value. just be patience. its a happy ending here. Grin Grin Grin
newbie
Activity: 62
Merit: 0
This is a strong buy/hold me thinks!  Grin
member
Activity: 74
Merit: 11
The project seems good with great people in a team. No news maybe because they are developing platform, so it's good time to buy some amount of tokens. I will wait a little bit until the price goes a little bit down and then buy.
sr. member
Activity: 560
Merit: 256
Developers please give fresh news on the coin. The coin is excellent, but I want to know that you are developing a coin, I hope that you will hear the partners and give the latest news. All We are waiting.
newbie
Activity: 12
Merit: 0
@The FunFair team: what are the current progresses? I like the idea of the coin, but I don't see much progress the last time.
I'd like to hear so I could decided to invest more or not...
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