Yeah, should have picked GT... Congrats, RaptarX

Congrats teosanru & Swordsoffreedom.


Damn. Did you forget me, guys  I am in the 3rd spot currently:

I was backing GT initially and decided to back RR as they were ballsy to opt to bat first after winning the toss. However, I was surprised to see you back RR as well. 

So, if GT wins, Raptar takes 3rd spot easily. If not, then it's me. So the fight is between Me and RaptarX. You are out 

Yeah blame CSK and MI for me not posting

@webtricks Regarding Q2, I understand that every transfer is a taxable event. But how will they ascertain that I have realised profit in the exchange of BTC to USDT.? I acquired BTC using INR and then exchanged it for USDT. So unless I convert them back to BTC or INR which shows an increase in the original holding, how can they ascertain that I booked profit in those trades ?

@webtricks @teosanru I got few questions.

1. What if I buy BTC for 1 lakh at the start of a financial year let's say 1 April 2022 but didn't sell it in the financial year and the price was 2 lakhs on 31st March 2023. But I sold it in the next financial year for 2.1 lakhs on 1 April 2023 or later. Will I be taxed for 1.1 lakh or 0.1 lakh for the year 2023-24 ?

2. Let's say I bought BTC when it dumped using INR and when the price pumped I exchanged BTC to USDT. I will then never exchange my USDT to btc or INR. Should I pay tax for this? If so why.

3. How to calculate the profits in BTC pairs. If I trade in BTC pairs and make a realised profit of 0.1 BTC should I pay 0.03 BTC as Tax? Or equivalent inr value at the time of trade or filing tax?

Thanks in advance.

I don't think it's fair. Let's take the current scenario as an example.
As per my argument only 4 of them should be declared winners. Timon takes 50%. Royse, kpk & Sword splits the remaining 50% ie.16.67%.
But what you say is that there are 6 winners, Timon takes 50%. Royse, kpk & sword take 10% each for coming 2nd. Raptar & Teo also take 10% for coming 3rd. If anyone of the 3 (Royse,kpk,sword) somehow moved to 3rd spot and push those at the 3rd spot to fourth. Then he would get 20% for 3rd position and the other 2 get 15% each sharing the 30% for the 2nd position. Do they seem fair to you?

I saw some new unknown names in Superbru, so decided to check the main thread to know who they are and this caught my eye.


I think this rule is not needed and it's contradictory IMO.

Why contradictory? Let's say if 2 of them take 1st position, as per this rule both share the 50% prize ie. 25% each which is less than the 2nd positions prize.
Instead, it should have been like 2 person share 50%+30% ie. 40% for both and the 3rd person takes 20%. If it's 3 or more took the 1st place, then the entire prize pool is split among them.

Why not needed? Because, Superbru itself offers a tie breaker policy.

So I think we don't need the rule mentioned in the main thread and  we could follow the tie breaker policy of Superbru.
I am not sure if this was already discussed in the thread, as I didn't go through it all

---

I would like to know who are the BTT users behind - maidak, SwordsRex & kpk333

 

@JSRAW I paid the fee as I don't want to be late like last time.

Yup not very active nowadays, but I'll join the pool once IPL starts. Just tag me so that I get notified 

^ Withdrew from Freebitco.in yesterday. Should have been paid by now.

Yes paid -> https://www.blockchain.com/btc/tx/60f4287bfea114c1b274e9f0d95322bbad454e0e45b0d9656d1edd161bdf8d49

IND: 74/5 and 5 overs remaining.



Looks like everyone trusts India too much. But so far they have been a disappointment

@Royse777 Woke up to be disappointed by India LoL

Whoo-hoo. Did anyone guess Bangladesh to win this match comfortably? Because I guess that's how this match is going to end.
Both Naim and Mushfiqur batted exceptionally well and had set a target of 172 runs thereby putting huge pressure on the Srilankans. Now they are picked up a wicket in the 1st over itself. Unless the Srilankan batsmen get a good partnership, Bangladesh is going to win this match comfortably.

Too excited for the India vs Pakistan match

Miss me? I sure missed you all 

I'll be active in the forum once again by the year-end but I could find some spare time to have some fun with you guys. So consider me in 

But right now, I don't have any spare BTC or LTC to join the Pool. Hope I'll get some grace time to pay for it.

Btw, congrats to RaptarX and others for winning the IPL pool which I missed.

---

And special thanks to Royse77 for making me a DT member while I was away 

At first, I was disappointed too and when this topic started, I urged him to make a post here or atleast respond to RaptarX. But all he could say regarding this topic was that it was a mistake from his side and that he can't explain and convince the DT's why he misclicked . And it made a bit of sense at that time.

^ It's ok. Good luck everyone 

I'm not sure if I'm eligible to join this giveaway. But since I got notified by LoyceV's post, I'm giving it a shot.

My prediction: 40,476$

Reason: I'm not a TA guy, but I have been reading that Bitcoin is following wyckoff accumulation pattern. So I'm expecting that bitcoin would start pumping insanely after July 21st due to the Jack-Elon meet. August should be a very bullish month for BTC to reach a new ATH, then the distribution phase should be in September and October. By December, I expect BTC to be around 40k.

916,899,228
akhjob

From where exactly did you hear this? Almost all the WhatsApp users that I know of in person have already accepted the new privacy policy.  While 8 out of 10 knew there is a potential privacy risk and that there are other better alternative services, only 3 out of the 10 even decided to try other services and they eventually returned back to Watsapp. Even the high ranking officials like the District Collectors and Secretaries of Government are sharing official letters over WhatsApp nowadays 




Unless they somehow manage to get a good user base, I don't think that they'll replace Watsapp in the near future.

764,763,838
akhjob

akhjob - 90