Joined February 2023
59 Photos and videos
#CROFAM pay attention now. Called for lower $CRO prices and here they come. If $BTC has to go lower for a 4 year cycle low, imagine where #CRO will be... and other altcoins.
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No one believed me when I said $CRO is going lower. #CROFAM still won't believe me when I say we are going to $0.035. Lower lows time for #CRO
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Dathan Smart (Muska) retweeted
Global takeover! Fuck yes bringing simplicity to an established group of traders offering them another off ramp for their crypto! Good job @solana
May 27
USDC on Solana is now part of @CashApp
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Dathan Smart (Muska) retweeted
0x000000000000000000000000000000000000dEaD R.I.P Cronos
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Keeping it below 100B wooopdidooo... 100B is still too much supply.
CRO holders voted. Proposal #33 passed. What this means: - Emissions decay to be implemented. Supply stays below 100B. - Staking tiers to go live soon. Longer commitment, higher yield. - Revenue backs CRO now. The upgrade goes live May 20. The new era begins.
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Pro super cycle ay... well its against the odds and cycles. Takes big kahunies to bet on a structured system, breaking. As he said, he isnt a trader and doesn't time the market so I wouldnt hold much to his prediction then.
👀
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Dathan Smart (Muska) retweeted
I’m disgusted at the decision that’s just been handed down by the Federal Court in the Tickle vs Giggle case. It flies in the face of biological reality, and strips rights from women. Women’s spaces are not being protected and are no longer safe. I will back Sall Grover in Parliament. One Nation is the only party which has tried to amend the Sex Discrimination Act to remove identity politics and reflect biological reality. I will continue with this effort to protect women’s rights in Australia.
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All the bull posts for $CRO on this recent pump, were categorically wrong. Becareful who you listen to and make financial decisions from. Hype in a bear market...was the obvious warning sign. RIP #CRO AND #CROFAM
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I love being in Aussie. Hopefully this slows the immigration.
Current System (50% CGT Discount) Step 1: Apply CGT discount Capital gain: $100,000 50% discount: $50,000 taxable Step 2: Total taxable income Salary: $100,000 Taxable capital gain: $50,000 Total taxable income = $150,000 Approx tax payable Tax on $150,000 ≈ $40,567 Tax without the capital gain Tax on $100,000 salary ≈ $22,788 Effective tax caused by the gain $40,567 − $22,788 = $17,779 So under the current system: Tax on the $100k gain ≈ $17.8k Effective CGT rate ≈ 17.8% Proposed New System (30% minimum CGT with no 50% discount, plus indexation) For this example, assume inflation indexation = $0 adjustment. Step 1: No discount Entire gain taxable = $100,000 Step 2: Total taxable income Salary: $100,000 Capital gain: $100,000 Total taxable income = $200,000 Approx tax payable Tax on $200,000 ≈ $60,667 Additional tax caused by the gain $60,667 − $22,788 = $37,879 So under the proposed system: Tax on the $100k gain ≈ $37.9k Effective CGT rate ≈ 37.9% The government is taking in an additional $18,975 in tax for every $100,000 capital gain sale. That's 18.97%!!!!!!!
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Dathan Smart (Muska) retweeted
Replying to @AlboMP
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Dathan Smart (Muska) retweeted
Never sell your bitcoin it you live in Australia from tomorrow on
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Trust me bro's... If only #Borg would consume facts, hebpeobably wouldn't be spreading fud. Human to human transfer is very rare through prolonged close human to human contact. This will NOT be bigger than the previous pandemics.
🚨 HANTAVIRUS crisis will be SO much bigger than COVID. Trust me.
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Dathan Smart (Muska) retweeted
May 11
Replying to @VladCatalinVDB
We talk about $1 $CRO but nobody talks about holding $CRO from $0.35 to $0.07
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Dathan Smart (Muska) retweeted
🇦🇺 AUSTRALIA TO HIT CRYPTO INVESTORS WITH HIGHER TAXES Australia is preparing to scrap the 50% capital gains tax discount for assets held over 12 months and replace it with an inflation-based system. That means investors would only deduct inflation from their gains, instead of automatically getting half their profits tax-free. For long-term crypto holders, cashing out gains could mean much higher tax bills.
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Dathan Smart (Muska) retweeted
The RBA has been forced to raise interest rates and punish mortgage holders AGAIN because this Labor Government doesn’t understand basic economics. Their reckless spending and non-stop handouts are driving inflation through the roof. They’re throwing taxpayer dollars around and then act shocked when inflation explodes. Governments are supposed to deliver economic stability, not buy votes. Labor have destroyed productivity, wiped out industries and manufacturing, and flooded the public service with more bureaucrats to keep their poll numbers up. Australians aren’t destitute because they’re lazy, they’re destitute because this Government has killed hope. People are crying out for help and Labor’s answer is another handout, paid for by putting it on the national credit card. We are NOT going to turn this around while they keep buying votes with taxpayer money. Next week’s budget is the moment of truth. If they’ve got any sense left Labor will show real restraint, cut the waste and start reducing both debt AND inflation.
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