[ANN] SONM • Decentralized Fog Computing - page 237.

system_shock

newbie

Activity: 31

Merit: 0

Quote from: BTCMILLIONAIRE on October 25, 2017, 05:15:51 AM

Quote from: LegendX on October 25, 2017, 03:00:27 AM

Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary

No, because it triggers tax and I want to be able to actually use the profits that I make from crypto some day. Tax rates are usually significantly lower after a one year holding period and if you hold you don't have to pay taxes until you sell. This includes trading alts for Bitcoin or vice versa.

Would it only trigger tax if you withdrew the money in to your bank or even if you were to let the funds (fiat or otherwise) sit on the exchange?

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: LegendX on October 25, 2017, 03:00:27 AM

Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary

No, because it triggers tax and I want to be able to actually use the profits that I make from crypto some day. Tax rates are usually significantly lower after a one year holding period and if you hold you don't have to pay taxes until you sell. This includes trading alts for Bitcoin or vice versa.

FruitsBasket

legendary

Activity: 1232

Merit: 1017

Quote from: ?? on ??

Quote from: LegendX on October 25, 2017, 03:00:27 AM

Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary

SONM is a good project, don't follow pump and dumps, look at the team, the community support and the progress.
Make sure you understand what the project is about and you have read available documentation, blog, news...

Then make your own educated judgement.

You sound like you are holding a big bag of SONM

I did my own reserach and my conclusion is that SONM is way undervalued at this moment. When they release their testnet software in december/january I am going to be a happy investor and laugh at all the weak hands that sold for 0.03€-0.10€ per sonm.

szzc895l

full member

Activity: 147

Merit: 100

Quote from: jtalk on October 25, 2017, 03:35:09 AM

Last night had chance to read the blog post about their visit and experience they got by participating in Barcelona. Though many things were not fully clearly told but between the words there are some positive hints. It won't be wise to see things in short term because project is trying to cover big piece of pie as share in computing services providers space. I am all long on SONM now.

The main thing is that they have a few things in the early stage, which leads people to distrust many things, and they only have to take practical actions to develop the project so that some people can shut up.After all, SONM's plan is unique now.

AlloM

full member

Activity: 798

Merit: 102

Quote from: andreibi on October 25, 2017, 02:05:48 AM

Correct. $1 is the target for SONM. A proven almost finished minimum viable product will clearly send SNM to the moon. The prices now are just inidcative of the ebb and flow of crypto traders who jumps to every volatility regardless of the coin.

$1 is the test price for this project I think this kind of result will make satisfied the all investors who are in for long term. Let us see when this milestone will be achieved recent progress is looking truly awesome.

jtalk

legendary

Activity: 1610

Merit: 1004

Last night had chance to read the blog post about their visit and experience they got by participating in Barcelona. Though many things were not fully clearly told but between the words there are some positive hints. It won't be wise to see things in short term because project is trying to cover big piece of pie as share in computing services providers space. I am all long on SONM now.

LegendX

member

Activity: 247

Merit: 10

Do you guys sell if it's going 300% to buy again at the old price? These hype pumps are usually temporary

minorman

legendary

Activity: 945

Merit: 1003

Quote from: xooho on October 24, 2017, 06:08:04 PM

820 000 ETH filled the fund of Golem. $246 000 000 if I counted on today! not bad Cheesy

Found in telegram group, excellent review, just read:
SONM: With an optimized roadmap all the way to the moon and beyond

Out of the 820K ETH, half or more than half has been converted into fiat by the team.But still, they have a huge amount of money+GNT tokens, which is way more than SONM team/investors hold.

DXB2017

sr. member

Activity: 434

Merit: 250

Quote from: xooho on October 24, 2017, 06:08:04 PM

820 000 ETH filled the fund of Golem. $246 000 000 if I counted on today! not bad Cheesy

Found in telegram group, excellent review, just read:
SONM: With an optimized roadmap all the way to the moon and beyond

Yeah its fucking big money they can reliese 10 gnt or sonm prijects with that noney if they are real and work and not only travel and promote air 🤷🏻‍♂️😜

abdulaziz07

sr. member

Activity: 504

Merit: 250

Quote from: Kripto.hr on October 24, 2017, 03:07:32 PM

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

Golem is way ahead of SONM and cant be compare as of now
Supply wise, SONM having upper hand

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Correct. $1 is the target for SONM. A proven almost finished minimum viable product will clearly send SNM to the moon. The prices now are just inidcative of the ebb and flow of crypto traders who jumps to every volatility regardless of the coin.

zahidmoon

sr. member

Activity: 1148

Merit: 269

Quote from: xooho on October 24, 2017, 06:08:04 PM

820 000 ETH filled the fund of Golem. $246 000 000 if I counted on today! not bad Cheesy

Found in telegram group, excellent review, just read:
SONM: With an optimized roadmap all the way to the moon and beyond

its a very good to read sonm updated road-map its interesting
and also sonm had a great meeting with NEMofficial at the blockchain solutions forum.
here!
https://twitter.com/sonmdevelopment/status/922859190078590976
sonm is gonna big in near future
best of luck sonm team and its community including me Grin

xooho

newbie

Activity: 21

Merit: 0

820 000 ETH filled the fund of Golem. $246 000 000 if I counted on today! not bad Cheesy

Found in telegram group, excellent review, just read:
SONM: With an optimized roadmap all the way to the moon and beyond

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: FruitsBasket on October 24, 2017, 05:26:03 PM

Quote from: BTCMILLIONAIRE on October 24, 2017, 05:23:45 PM

Quote from: Kripto.hr on October 24, 2017, 03:07:32 PM

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time.

When the MVP software update will come in december or january next year, we will see a big climb in price. We will see 1$ level at that time. After the upcoming fork we will see a small pump in sonm, however btc will retrace to 5k level.

$1 seems pretty easy indeed. I've actually been wondering about whether or not it's possible to go higher, since Golem went to the equivalent of like $1.30 at a time where the crypto market was significantly smaller. So perhaps SONM could go even higher due to the much larger crypto market.

FruitsBasket

legendary

Activity: 1232

Merit: 1017

Quote from: BTCMILLIONAIRE on October 24, 2017, 05:23:45 PM

Quote from: Kripto.hr on October 24, 2017, 03:07:32 PM

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time.

When the MVP software update will come in december or january next year, we will see a big climb in price. We will see 1$ level at that time. After the upcoming fork we will see a small pump in sonm, however btc will retrace to 5k level.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: Kripto.hr on October 24, 2017, 03:07:32 PM

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

Timewise we are still several months behind Golem. It took Golem around half a year to reach what would be around $1 for SONM, so there's still time.

MiBambino

sr. member

Activity: 644

Merit: 252

IMUSIFY - Award Winning Blockchain Music Tech

Quote from: Kripto.hr on October 24, 2017, 03:07:32 PM

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

which is a miracle in itself. No offense to golem, it's a good project with good potential, but Sonm is honestly a few miles ahead. It won't be long until sonm surpasses Golem in terms of marketcap and coin value

Kripto.hr

full member

Activity: 350

Merit: 100

Revolutionising Marketing and Loyalty

Nice rise today... Really nice, but we are still far away from Golem market cap Wink

len01

hero member

Activity: 1330

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: ZUDDY on October 24, 2017, 01:03:46 PM

hello sonm community

i am new here and i'd like to ask you question regards buying sonm at 0.108 , is it a good price ? or should i have to wait to buy it at lower price ?

Thanks in advance

Under 2k satoshi is good price to buy and maybe you can set buy order more lower if you think that will happen
Grab much as you can when the price still cheap

MiBambino

sr. member

Activity: 644

Merit: 252

IMUSIFY - Award Winning Blockchain Music Tech

Quote from: kgp43 on October 24, 2017, 02:08:23 PM

Quote from: ZUDDY on October 24, 2017, 01:03:46 PM

hello sonm community

i am new here and i'd like to ask you question regards buying sonm at 0.108 , is it a good price ? or should i have to wait to buy it at lower price ?

Thanks in advance

$0.10 is a good price, marketcap is still very very low.

Honestly now is a great time to buy, don't aim for maximum profits, aim for profits in general. In december the real alpha release (arch) will be launched, no doubt that'll drive the price to a stable 0.4$, in august next year they'll launch their official network, which should drive the price up to its new ATH

Topic: [ANN] SONM • Decentralized Fog Computing - page 237. (Read 444945 times)