PAID

eszpee

Keep the receipt to post here in a few years saying “I PAID $300 WORTH OF BITCOIN FOR A COKE IN 2025!”

Victorvnv

Except that the miners are in it only and only because they get PAID and are NOT a constant that is bitcoin exclusive , meaning they can and will jump ship overnight once it’s profitable for them to do so Your argument is like saying that Tesla is so valued and better than any other electric vehicle just because it was first and because it has dedicated engineer team . And because of that Tesla is the only legit electric car and should cost 200 times more than , say Rivian…. Being first doesn’t make it better than the competitors and the engineers can jump ship if someone else offers them more money to do the same job. Bitcoin has such a dedicated miner community only and only beucase its price is miles above any other coin and thus it’s the most profitable . That can change overnight with a single tweet from the right person … in fact all that would take for things to turn around 180 degrees is Trump deciding to tweet something like “ after careful research I decided to make Bitcoin cash/ Litecoin/ Doge the official USA backed cryptocurrency and will be buying 20% of its total supply and put it as a strategic reserve in the USA treasury “ If he does that all these miners you are saying that makes Bitcoin so amazing would all be switching ship within hours , Bitcoin price will immediately crash leading to more miners quitting and whatever the chosen crypto is will surpass Bitcoins market cap within a month or two This strategy however won’t work if he tries to replace gold and a tweet won’t ever be enough to make gold price crash and people to swap to something else instead

biba8163

> First off, the idea that XRP isn’t decentralized and is fully controlled by Ripple? That’s not quite right. It's 100% right. XRPL does not have any economic incentives like POW or POW. If there is no incentive then who is running XRP Validators for free and why?! The Trusted Validators in the network are all run and/or paid by Ripple. Centralization is so bad that the 32,000 blocks, blocks 0-32569 are completely lost. This could not happen in a decentralized system with a large number of miners/validators providing consensus on a decentralized ledger. It happens with **a ledger that is essentially a database.** **Their entire network security is based on a centralized closed permissioned system of TRUSTED HAND PICKED Validators PAID by Ripple thus completely controlled by Ripple. Other validators are IGNORED.** > Issuing validation messages does not automatically give your validator a say in the consensus process, so the system is not vulnerable to a Sybil attack. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). https://xrpl.org/run-rippled-as-a-validator.html These trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. https://xrpscan.com/validators XRP Trusted Validators are Academic Institutions and Ghost companies who have been paid $Millions by Ripple. These are entities entities PAID by RIPPLE and NOT independent operators. These paid entities will do whatever Ripple says, that is how they are incentivized. > The University of North Carolina at Chapel Hill Kenan-Flagler Business School is part of a $50 million initiative by Ripple to support academic research...UNC Kenan-Flagler, MIT, Princeton, the University of Pennsylvania, the business schools at the University of California Berkeley and the University of Texas at Austin, Fundação Getulio Vargas and universities in the Netherlands, Australia, India, Korea, Luxembourg, the U.K. and Canada (UNC and other Paid Universities are Trusted Validators) https://www.kenan-flagler.unc.edu/news/unc-kenan-flagler-selected-to-be-part-of-50-million-blockchain-research-initiative-by-ripple/ > TECH FIRM RIPPLE SUPPORTS BLOCKCHAIN RESEARCH AT KU WITH $2M GIFT (KU is a Trusted Validator) http://news.ku.edu/2019/02/07/tech-firm-ripple-supports-blockchain-research-ku-2m-gift > BitTrue Ripple partner with 82 XRP pairs (Trusted Validator) https://www.xrparcade.com/news/xrp-friendly-exchange-bitrue-to-reach-78-xrp-based-pairs-81-total/

roadworn

Just to point out that in your analogy about paying for a nice meal and enjoying your money: if you buy a house you're still getting a nice meal but the money is going back in your bank account (equity). When you sell the house you get the money back. That's the incredible thing. And if your house goes up in value then you actually have been PAID to live in your house during that time.

Initial_Location_109

I've seen somewhere Bybit recovered the losses. This shit is all BS and manipulation. You can FEEL the whale activity from the ground up if you're just smart enough to know what this all is. They're getting wealthy like right now LOL and as per usual the common people are left with the bags. I see headlines but what can we believe these days. People have been made to believe everything they see. Manipulation at levels like this was just a matter of time. I definitely suspect people in the US government are getting PAID in the midst of these stock losses.

Educational_Smoke969

# Guys got an cool trick to earn crypto money through airdrop if anyone interested hmu [PAID]

biba8163

> “Centralized?” …prove it. XRPL does not have any economic incentives like POW or POW. Centralization is so bad that the 32,000 blocks, blocks 0-32569 are completely lost. This could not happen in a decentralized system with a large number of miners/validators providing consensus on a decentralized ledger. It happens with a ledger that is essentially a database. **Their entire network security is based on a centralized closed permissioned system of TRUSTED HAND PICKED Validators PAID by Ripple thus completely controlled by Ripple. Other validators are IGNORED.** > Issuing validation messages does not automatically give your validator a say in the consensus process, so the system is not vulnerable to a Sybil attack. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). https://xrpl.org/run-rippled-as-a-validator.html These trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. https://xrpscan.com/validators XRP Trusted Validators are Academic Institutions and Ghost companies who have been paid $Millions by Ripple. These are entities entities PAID by RIPPLE and NOT independent operators. These paid entities will do whatever Ripple says, that is how they are incentivized. > The University of North Carolina at Chapel Hill Kenan-Flagler Business School is part of a $50 million initiative by Ripple to support academic research...UNC Kenan-Flagler, MIT, Princeton, the University of Pennsylvania, the business schools at the University of California Berkeley and the University of Texas at Austin, Fundação Getulio Vargas and universities in the Netherlands, Australia, India, Korea, Luxembourg, the U.K. and Canada (UNC and other Paid Universities are Trusted Validators) https://www.kenan-flagler.unc.edu/news/unc-kenan-flagler-selected-to-be-part-of-50-million-blockchain-research-initiative-by-ripple/ > TECH FIRM RIPPLE SUPPORTS BLOCKCHAIN RESEARCH AT KU WITH $2M GIFT (KU is a Trusted Validator) http://news.ku.edu/2019/02/07/tech-firm-ripple-supports-blockchain-research-ku-2m-gift > BitTrue Ripple partner with 82 XRP pairs (Trusted Validator) https://www.xrparcade.com/news/xrp-friendly-exchange-bitrue-to-reach-78-xrp-based-pairs-81-total/

Shaithias

I am calling bullshit. There are bitcoin ads on the Superbowl. Bitcoin ads on the Superbowl are PAID by someone. My bet is that it is someone with ALOT of bitcoin to offload. It costs 8 million dollars to do a superbowl ad. Who has 8 million or more dollars worth of btc to sell? Microstrategy.

R4ID

> XRPL does not have any economic incentives like POW or POW. holy shit you ALMOST got 1 full sentence of information correct for once. thats WILD, im so happy you've almost learned how to speak > Their entire network security is based on a centralized closed permissioned system of TRUSTED HAND PICKED Validators PAID by Ripple thus completely controlled by Ripple. Other validators are IGNORED. aw and here you were doing so well you just had to go and ruin it with more lies. https://github.com/XRPLF/rippled anyone can run a node and become one of the 3 node types (stock, hub, validator) you can also specialze into any of the 9 subnode types if you wish. Nobody can stop you, it is permisonless. Anyone can add or remove anyone from their own UNL and the default UNL is not required to reach consensus. Ripple doesnt even control the dUNL anymore. Validators are not PAID by ripple, you just directly refuted this claim with you're opening sentence. >These trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. They are "Almost" the same but there are differences and Again you are not required to follow ANY of these 3 published lists. you are free to add/remove any validator you dont like. >These paid entities will do whatever Ripple says, that is how they are incentivized. Then why did they vote no for 3+ years along with my validator when Ripple published its cheques amendment to the codebase? If Ripple controls them, why would they vote against Ripple's proposed change to the codebase?

biba8163

> completely controlled by a corporation XRPL does not have any economic incentives like POW or POW. Their entire network security is based on a centralized closed permissioned system of TRUSTED HAND PICKED Validators PAID by Ripple thus completely controlled by Ripple. Other validators are IGNORED. > Issuing validation messages does not automatically give your validator a say in the consensus process, so the system is not vulnerable to a Sybil attack. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). https://xrpl.org/run-rippled-as-a-validator.html These trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. https://xrpscan.com/validators XRP Trusted Validators are Academic Institutions who have been paid $Millions and Ghost companies. These are entities entities PAID by RIPPLE and not independent operators. These paid entities will do whatever Ripple says, that is how they are incentivized. > The University of North Carolina at Chapel Hill Kenan-Flagler Business School is part of a $50 million initiative by Ripple to support academic research...UNC Kenan-Flagler, MIT, Princeton, the University of Pennsylvania, the business schools at the University of California Berkeley and the University of Texas at Austin, Fundação Getulio Vargas and universities in the Netherlands, Australia, India, Korea, Luxembourg, the U.K. and Canada (UNC and other Paid Universities are Trusted Validators) https://www.kenan-flagler.unc.edu/news/unc-kenan-flagler-selected-to-be-part-of-50-million-blockchain-research-initiative-by-ripple/ > TECH FIRM RIPPLE SUPPORTS BLOCKCHAIN RESEARCH AT KU WITH $2M GIFT (KU is a Trusted Validator) http://news.ku.edu/2019/02/07/tech-firm-ripple-supports-blockchain-research-ku-2m-gift > BitTrue Ripple partner with 82 XRP pairs (Trusted Validator) https://www.xrparcade.com/news/xrp-friendly-exchange-bitrue-to-reach-78-xrp-based-pairs-81-total/

therealstevielong

i invite anyone reading the replies here to dm every single person who left a reply---- we are all real people-- meanwhile all the other 'top spots' on cryptomoonshots are higher ranked with PAID FOR upvotes and practically zero replies. literally, no comments, or botted. we are the real thing. either directly dm any person in this reddit comment section or jump in the TG warning tho we will demand that you put effort into YOURSELF and into the project. we are not fucking around. we are ANARCHY.

mrestiaux

Are you dense? No of course he didn’t get PAID in BTC, but he took every dollar he made and dumped it into BTC. So while he wasn’t paid in Bitcoin, he essentially turned his salary into BTC. Either way, it’s a strong show of support for the crypto community. Big move Beckham. Love it.

Alpha69er

You’re so clever aren’t you. It doesn’t seem to be working for you today though huh? This is NOT like claiming land. My father inherited land, my grandfather did, my great grandfather did, and my great great grandfather did, you know what they got from it (that btc doesn’t give) YIELD. They never sold because they were PAID TO HOLD. I enjoy the unrealistic comparisons made by the the pro crypto crowd, it’s amusing.

jimtors100

You almost bought an IPHONE PRO MAX FULLY PAID? 🤣

therealstevielong

Kendu & Mega are both built on 100% community work. NO PAID PROMOTERS, EVER! Meanwhile other projects rely on paying some marketer to pitch it on their youtube channel or whatever only to dump it. This is all possible because the community is rabid. Pepe, Doge, were all built on fanatic communities, and that's what we have here.

Ltsmba

Ironically ETH was useful to many thousands of people for a period of time for a very specific purpose - mining using Nicehash (or other methods) and getting PAID in bitcoin. The period of time i'm referring to lasted right up until Sept 15 2022. And then for a great many people including myself, ETH became irrelevant when the millions of GPUs suddenly powered down when the merge happened. That day was pretty much the day that the average joe who doesn't have free or near-free electricity stopped mining and was the beginning of the end for Nicehash. And it was also the end for a lot of people's involvement with ETH.

biba8163

> These are ones who specialize in finance and crypto. They don't specialize in crypto. They are corrupt politicans PAID by crypto players. The people in the video attacking Gensler in the video include Tom Emmer, Richie Torres and 8 members of Congress who received contributions from FTX wrote a letter to Gary Gensler and the SEC to stop investigating the crypto industry because it was a violation of the Paperwork Reduction Act. These pieces of shit did this right before the FTX crash. > It appears there has been a recent trend towards employing the Enforcement Division’s investigative functions to gather information from unregulated cryptocurrency and blockchain industry participants in a manner inconsistent with the Commission’s standards for initiating investigations. We have reason to believe these requests might be at odds with the Paperwork Reduction Act (PRA). - Tom Emmer in a letter to Gary Gensler https://emmer.house.gov/_cache/files/0/c/0c7fc863-7916-4b19-bc44-52bef772287e/9B0B9D1CA9B3C215DDC762DF5B0F6864.3.16.22.emmer.sec.letter.pdf

solomonsatoshi

Hey PAID CASINO TOUT\~ Get OUT of Here!!!

dn00

https://decrypt.co/240607/trump-bitcoin-conference-roundtable-seats-are-going-for-844600 This round table? Lmfao dude grifts any chance he gets. HE HAS TO GET PAID TO LEARN.

pigeonwiggle

NO IDEA DUDE. this whole thing could collapse in 2 years. don't confuse this shit for a miracle. it's a casino and we're all here hoping to get PAID but ultimately it's a game of hot potato and whoever is still holding it when the music stops will lose everything.

Forsaken-Spring-4114

That's what I'm trying to figure out. What exactly does that mean for crypto, and why does it make them worry? Is it because it could open a legal precedent to use PAID "expert witnesses" as evidence instead of actual evidence in a lawsuit? Thus possibly allowing other lawsuits against crypto companies to go through with "expert witnesses" instead of hard facts? I can see that being an issue, but I don't see that changing the outcome or changing every single judges mind. A judge would be aware anyone can find an expert witness to say exactly what you want... they're paid after all.

new_account_wh0_dis

I mean.... every single post that gains any traction on this sub is. Notice how weird and unnatural all the comments are and all the comments have like....100 karma. Also >Marketing: Community hosted PAID shilling

crimeo

> Let’s just say they didn’t do anything with it What they do with it is completely off topic and irrelevant to what they were paid in. They could JUST AS EASILY have gotten paid $30,000 USD for a procedure and then, as a clinic, immediately 10 minutes later bought 30 BTC with that and sat on it instead. And they'd be exactly as well off. What they got PAID in matter 0%. What the HELD for years matters 100%.

I_Hate_Reddit_69420

Renewable energy is the cheapest form of energy once infrastructure in place and the main issue with it is the pressure it puts on the grid. There are going to be periods where energy supply is much higher than demand, and that electricity needs to go somewhere. Perfectly ties in with mining, as they will buy up all the excess supply, as it’s incredibly cheap. Whatever other countries do with coal is not really relevant in this case, because current excess energy has a NEGATIVE price, meaning you get PAID to use it. Coal based energy will never go negative.

-Moonshield-

I am WATCHING YOU! I'm gunna get PAID!!

Rey_Mezcalero

People wantin’ ta get PAID!

Impressive-Handle-69

PAY OFF DEBTS, DONT USE CREDIT, KEEP EVERYTHING 100% PAID OFF. Wish I could follow my own advice, but this damned economy....

OffThread

Really? TAX FREE GAINS ROTH IT, NO TAXES PAID. Duh.

RickDaRulahh

EVERYTHING has a “price”, you’ve PAID yours(and at a very young age I might add), now go live a “normal” and enjoy the fruits of your labor when BTC MOONS!

JynsRealityIsBroken

Oh my god... Just because you know a contracting studio doesn't mean YOU are a 50 person team. I worked with Microsoft to get my game on Xbox. Does that make me a 100k person team? No airdropping is not like sharing your fav pizza place. I PAID for my pizza and then shared to my friends that I liked it. YOU are giving away a currency that has actual value to it, depending on your liquidity pool. That's called an INCENTIVE PROGRAM and is an alternative way to pay people for promotion. Twitch streamers and YouTubers do this all the time in exchange for a free copy of the game. They still have to be marked, legally, as PROMOTIONS/ADS. You're such a fucking liar. You think AR was in its INFANCY in 2017?! Hololens was released in 2016 you dolt. Pokemon Go was released in 2016. AR had a renaissance before your fake "first" product came out. You are such a fucking snake oil salesman.

Albert-asai

I am here with hella 💰💰for the rags on tele to get rich 💶and get paid💲cuz many of scammers on here 💳Cash app deposit ➡️30💲for 500💲 💳PayPal deposit ➡️30💲for 500💲 💳Zelle deposit ➡️50💲for 650💲 💰Skrill deposit ➡️70💲for 750💲 💳Venmo deposit ➡️100💲for 1000💲 💳Clone cards — 150💰balance- 💰4000 📱Dumps — 70💰 💳Bank logs — 80💰 💳CCs — 35💰 Text me now if you tryna get paid 💰💰with no cap 🧢 and make sure you not tryna waste my time NO TICE: YOU GOTTA GET PAID SOON🔛 HMU ⭐️ <<@Albert-asai

StatisticalMan

Polygon is not an L2. In an L2 THE GAS IS PAID FOR IN ETH. Yes L2 are cheaper and faster and the gas for transactions is paid in ETH.

DeaderthanZed

Doesn’t seem like it failed if they got PAID.

coojw

2 scenarios. 1. Your asset appreciates in value which improves your LTV Ratio. In this scenario, you don’t need to pay off the loan, in fact you can keep borrowing. Because as long as your LTV is within the allowed range, you have access to money via loan. 2. Pay off the loan with borrowed funds as the asset appreciates. Example: You have 100k in bitcoin. You borrow $50k US dollars when bitcoin is at $10k market price. Btc appreciates to $70k market value. You just made a 7x gain. Your bitcoin stack is now worth $700k, but you still only owe $50k. You repay that $50k out of the appreciated bitcoin balance. So the big difference here is that when bitcoin was $10k market value, $50k is 5 bitcoins. But when bitcoins market value is $70k, your $50k loan is only 71% of a Bitcoin. SO YOU BORROWED 5 BITCOINS, AND PAID BACK .7143 OF A BITCOIN BECAUSE OF APPRECATION. FUCKING MAGIC!

ieatmoondust

People taking profits. People who went in heavy at 15k are getting PAID and people who bought near top last cycle getting out after panicking for 2 years.

GrandmasGiantGaper

I spec mine a few assets, but I do it like this. Take like PEPEW for example. I've found out that it's better to mine algoswitch and get PAID OUT in the currency you're speculating than actually mining it (unless you have say a perfect ASIC device for that algo). example: So one asset I've been speccing on for a while is Karlsen, which is an ASIC resistant KASPA fork. You can mine Karlsen, or you can algoswitch mine and get paid out in Karlsen and you end up getting more than if you had just directly mined that algo. I find this rule with many things. So given the price, I change my entire farms payout to different currencies judged on current pricing. I probably check twice a day. I've been getting paid out in XMR for the past 2 weeks because it crashed and the BTC to XMR ratio is excellent atm. But that's just me. I also change this to other altcoins I like when they have a dip too, it's basically a miners way of "buying the dip" by changing payout currencies. As much as I like XMR, I find mining it difficult. Some days the pool goes hours without a block due to the nature of XMR's inherent payouts. This is another area where I've found you get far more money getting paid in XMR than if you mined it directly, but again this is just my experience with my tech. Any questions is fine, this is basically my job (as well as trading in general). And by job I mean sitting at home and watching my rig print coin :).

Poklady

Cointelegraph? The same media company that posted an inaccurate article about bitcoin ETF approval, and only does positive articles that they are PAID to do, as you mentioned? 😂

MictorValet

Mon article bitcoin article is titled : bitcoin, a conter-intuitive solution to climate change ! Link : https://en.thebigwhale.io/article-en/bitcoin-a-counter-intuitive-solution-to-climate-change Minor are de-carboning the athmosphere, while being PAID for it ! Being ecosavy is profitable 🤯

jasperCrow

And these regards get PAID for their oppinions, no one asks for my opinion at Wendy’s 😔

Firefistace46

I have a hard time believing that the squeeze happened in its entirety because they literally turned off the buy button. If “the squeeze happened”, then why did the buy button get shut off? Surely if the squeeze had already happened, there was no reason to turn off the buy button. Unless you’re telling me that the buy button was the only way to stop the squeeze, which it appears that way to me. Thats why we call it ‘the sneeze’. Because if the buy button wasn’t turned off it would have kept going up, at least, in the immediate short term. The buy button being turned off literally confirmed to everyone that we were about to get PAID for our shares. And the powers that were could not allow that to happen.

I_argue_for_funsies

People don't realize that this is a PAID MEMBERSHIP We've seen others on this page as well. Means jack shit.

robotwizard_9009

"The negative impact of the energy usage debate wasn't as pronounced as I had anticipated,"... They admit the negative impact and says it's not as bad as she thought. Meaning.. it's still bad. In no point in their arguments or the article do they deny the negative impact it has on our energy. They just say it should be okay because various reasons. Need I remind you that they are PAID lobbyists for the industry to make these industries money. An industry based on money.. are "lobbying" aka bribing officials. Suggesting that crypto is energy efficient or non-damaging is inappropriate and non-truthful.

IanfinityXD

You think it’s funny to take screenshots of people’s NFTs, huh? You must be a very immature person to steal someone’s property that they PAID for. Yeah, I said it. You’re the kind of person who thinks that property theft (a seriously illegal offence) is a joke. I don’t even know why you took that screenshot, because you didn’t pay 1000 dollars for it. I did. The blockchain doesn’t lie. Even if you try to save it, it’s my property. You’re just angry that you couldn’t afford this priceless masterpiece. Even if you could, your fingers couldn’t even click fast enough to get one of the 10000 NFTs sold. You’re just mad you don’t own what I own. So, delete that screenshot, or I swear, you’ll be hearing from my lawyers.

IanfinityXD

You think it’s funny to take screenshots of people’s NFTs, huh? You must be a very immature person to steal someone’s property that they PAID for. Yeah, I said it. You’re the kind of person who thinks that property theft (a seriously illegal offence) is a joke. I don’t even know why you took that screenshot, because you didn’t pay 1000 dollars for it. I did. The blockchain doesn’t lie. Even if you try to save it, it’s my property. You’re just angry that you couldn’t afford this priceless masterpiece. Even if you could, your fingers couldn’t even click fast enough to get one of the 10000 NFTs sold. You’re just mad you don’t own what I own. So, delete that screenshot, or I swear, you’ll be hearing from my lawyers.

IanfinityXD

Since it's all anarchy in here, can we post some copypastas as well? You think it’s funny to take screenshots of people’s NFTs, huh? You must be a very immature person to steal someone’s property that they PAID for. Yeah, I said it. You’re the kind of person who thinks that property theft (a seriously illegal offence) is a joke. I don’t even know why you took that screenshot, because you didn’t pay 1000 dollars for it. I did. The blockchain doesn’t lie. Even if you try to save it, it’s my property. You’re just angry that you couldn’t afford this priceless masterpiece. Even if you could, your fingers couldn’t even click fast enough to get one of the 10000 NFTs sold. You’re just mad you don’t own what I own. So, delete that screenshot, or I swear, you’ll be hearing from my lawyers.

3utt5lut

So Astar is their gateway into the Japanese market. Primarily, Japan does not let outside entities into their country. Astar is using Polygon's standard CDK (that's generally available to anyone who wants to build a new zk-EVM chain), but instead of it being Polygon that's the primary benefactor, Astar is leveraging Polygon to pay for everything (and all fees rendered on chain are PAID TO Astar in ETH). The partnership itself is gigantic, and Sota is working with his new venture, Startale, to bring Web3 access (and DeFi) to billions of people. Developing a blockchain with Sony, Toyota, several others, and actively participating with the Japanese government to introduce a crypto-friendly CBDC. Could very well be related to the Polygon switch.

Gungho_Gringo

I imagine that 60 percent of the articles that come out like this are just PAID SHILLS. Probably just being used as a distraction. "Forgive and Forget." Yea, right!

automatedcharterer

Funny the CEO stating illegal activities are bad.... Lets see. Here is the form ADV from just one of their numerous companies. [JP Morgan Securities LLC](https://reports.adviserinfo.sec.gov/reports/ADV/79/PDF/79.pdf) in the 396 page PDF if you search for the term "Monetary/Fine" you can find every time they got fined for breaking the rules / law. Its just an endless stream of crime..... And this is only one subsidiary of all of JPM that does one aspect of stocks. >THE ORDER REQUIRES JPMC TO PAY A CIVIL MONEY PENALTY OF $200 MILLION, WHICH WAS PAID ON SEPTEMBER 19, 2013. AS PART OF THE SETTLEMENT, JPMC ACKNOWLEDGED THAT ITS CONDUCT VIOLATED THE FEDERAL SECURITIES LAWS AND ADMITTED TO CERTAIN FACTS, SUCH AS BUT NOT LIMITED TO: THAT JPMC'S TRADERS MISMARKED THE SYNTHETIC CREDIT PORTFOLIO ("SCP") AS LOSSES MOUNTED AND AS A RESULT OF THESE MARKING PRACTICES, THE SCP TRADERS INTENTIONALLY UNDERSTATED MARK-TO-MARKET LOSSES IN THE SCP; JPMC'S EARNINGS RELEASE FOR THE QUARTER ENDING MARCH 31, 2012, INCLUDED THE UNDERSTATED LOSSES FOR THE SCP, AND JPMC SUBSEQUENTLY ISSUED A RESTATEMENT WHICH HAD THE EFFECT OF MOVING SCP LOSSES FROM THE SECOND QUARTER TO THE FIRST QUARTER OF 2012

loksfox

I tried paying for my haircut today at my barber and he said stopped accepting crypto after the prices crashed, if only he knew that right now is the best moment to accept payments...he would be getting PAID come next bullrun.

sonicavatar

What a joke. Another ridiculous unnecessary delay. For the record, forget about silly pump and dump conspiracies, and it's not about delaying to keep the money for themselves or some grand dramatic plan. It's the result of an incompetent group of "professionals" with no incentive to get the job finished, but every incentive to keep themselves employed, get more extortionate service fees, given themselves some type of egotistical purpose, draw it out and implement ongoing and excessive protocols, and make ridiculous allowances for debtors that seem to be either incompetent or too lazy to even fill out a form. Another year to provide a wallet or bank account?! This idea is absurd. If debtors haven't fill out a form yet after 5 years and multiple delays and allowances, then those funds should be set aside and the process should continue for those who have filled out the goddamn form. Trustee has broken they're credibility repeatedly - what's the point of setting up serious deadlines if every single one of them get's broken and reset. Why would you bother even doing anything now as a lazy debtor if you know that you'll just be given another opportunity come Oct 2024 and the whole process will start again then too. The whole process from trustee has been clunky, ambiguous, over engineered, poorly executed and this is another example of mismanagement. For those saying the price will go up so it's a good thing, this is irrelevant . Debtors deserve the right to choose whether to keep, cash-out or reallocate their investment. Again now, responsible debtors have to re-work finance and investment plans around this flip-flopping disgrace of a body For those still banging on about the impact of all this on the price and "saving the bitcoin price"- also irrelevant. The payouts will be/would have been so slow as it is, that any mass-price fall is just fantasy and will be diluted out over more than a year anyway - for those that even choose to sell, which will only be a portion of people. These idiots need to get off their high-horse and do what they are BEING PAID TO DO, and get it done. What a farce.

nintendo1889

I sure did, and I bought a car with it, and I paid taxes on a F*CK*NG USED CAR THAT SOMEONE ELSE ALREADY PAID TAXES ON AND I'LL PAY TAXES ON THE SALE OF THE BITCOIN. Seriously, start a bitcoin-only used car dealership, you'll be in a sea of bitcoin ;-)

maynardstaint

You’re not a fucking institution moving billions or trillions of $Usd are you? Or the government of a country? You think you swipe a credit card at Best Buy, and what happens? Best Buy immediately gets money from visa, visa immediately gets money from your bank? You’re forgetting several layers. Best Buy bought all that stuff on credit. So they owe manufacturers too. They owe shippers to ship it. These companies DO NOT GET PAID in less than 30 days. And yes it does take 30-90 days for Apple to get the money you spent on an iPhone today. Until then it’s a series of digital debts on ledgers. Money moves incredibly slowly. There are MASSIVE delays before manufacturers get paid for their products. Everything is debt. Not MONEY. everything you have is the PROMISE of money. One person can’t be settled until the previous layer is settled.

maynardstaint

Have you ever thought of how long it takes for the actual manufacturer to get PAID from a credit card transaction? It’s NOT instant. YOU take on the DEBT immediately. But no, that money is not transferred at the same time. These corporations work on 30,60,90 day intervals. Visa is a Ripple partner and ODL user. 5 second settlement of transactions. The speed and efficiency of manufacturing will skyrocket because they will have the money to expand. It will not be stuck waiting to get to their accounts.

goldyluckinblokchain

🤣 It could make the daily even more fun actually. 'Just had to take my dog to the vets 😥 I PAID WITH MY PROFITS FROM ETHEREUM THE CRYPTOCURRENCY'

LatinumGirlOnRisa

beyond & I'm just astounded at how *many,' esp. young men are attracted to his ways. he's such an obvious scammer who shills any product as long as he gets paid. and I don't mind affiliate links if someone really uses and trusts a product. but too few leave it at that and will take endorsements from any company - including him - even IF that company is known to be shady. and how is it not obvious to all that reviews of products given to affiliates for free and/or if the person was also PAID, such reviews cannot ever be trusted! how is this not obvious to *all* adults??🤯 and he's genuinely grotesque & so loud, like the MOST untrustworthy car dealer in the universe. his whole way of being *screams, "DON'T TRUST ME!" but there seems to be a huge lack of intuition in his followers, who lap up his every word, it's just gross. I still remember the video he made of himself on the beach mocking the judge..the same day he was meant to be in court in front of that same judge. no, every about him is just ALL wrong and honestly, he seems to have a deeply disturbing personality disorder of some kind.😕

Every_Hunt_160

Always remember: The ‘Crypto influencer’ doesn’t actually do any research, he is just a PAID SHILL that is sponsored to shill you the project YOU are the product that is making the yield for the Scam-fluencer, he is not trying to make you money.

eddiecusack21

Lol sheeeeit that sucks..... I'm chasing winnings, this the best addiction ever for me, got a house PAID FOR!! New car PAID FOR!! Told my boss and my girlfriend to both go fuck themselves!!!

EpicHasAIDS

You really know nothing about banking. Let's assume these idiot lobbyists in this idiot article are right. Where are these crypto companies going to flee to? Tell me where? They won't go to some shit bag like El Salvador. They won't have the money or stroke to go to switzerland. They will possibly open an office in Singapore but would never set up there simply because most westerners can't fucking hack it there. Africa is similarly a shit hole. The entire place. Germany maybe. However, the US and UK will always be top choices for anything money - which includes crypto? Why? They are the leaders in regulation, people will always fall in line behind America and the UK is a natural partner to the US because of time. These countries also have infrastructure and the industry already established. They are decent places to run a business. They have capital markets to fucking raise capital for your business. You think some crypto startup is going to get sad because some lobbyist said so and then go move operations to Kenya to IPO on the Nairobi stock exchange"? The answer is no. Just for access to capital markets crypto companies will domicile in friendly places with well developed capital markets. The US and UK- in time - will be the leaders in crypto companies just like banking. These articles are at best scare tactics by lobbyist who want regulation moving faster so THEY CAN GET PAID.

TheStellarPharmacist

My friends when I tell them t I am earning money shitposting on Reddit: "YOU GUYS ARE GETTING PAID?"

Environmental-Tie942

I get "EXTERNAL INVOICES CANNOT BE PAID WITHIN 10 DAYS OF PURCHASING A WALLET" when I try to pay an invoice or send to a lightning @ address.

tasfarell

As a data scientist who has PAID for GPT-4 for a few months - I can tell you this - it's a glorified text summarizer - it cannot CREATE anything new it just guesses and patches previous things together - which is useful but limited - its okay for code debugging too - but again cannot really CREATE without intense direction and human error correction. AI and LLMs and it's combination with blockchain is cool but apart from trading bots its a $17.99 NothingBurger atm.

genjitenji

Don’t forget about Bricks. There’s some legit artists, gamers, and aspiring youths getting PAID from it

FastEddyToronto

I KNOW SOMEONE WHO PAID 10,000 BTC CRAPOLA for some pizza 🍕. I THINK HE PAID TOO MUCH

Euro347

If your looking for a bitcoin etf consider BITO. You get a nice 9% yield. PAID MONTHLY. https://stockanalysis.com/etf/bito/dividend/

TimeToKill-

Shaq will not go to their parties unless he is getting PAID.

conceiv3d-in-lib3rty

The comparison to Kim K and EthereumMax is really bad. She was PAID to promote it and did not disclose to her followers that it was an ad.

nzubemush

PAID, Kyle Chasse had a great time with it and majority of the Master Ventures investment last bull run. Never stopped being active, now part of Common Wealth DAO. I predict a recovery for PAID as well as a good run for WLTH. Can't deny they know how to do it in a bull run.

hsdredgun

I would I personally own a successful restaurant in the East coast of Australia. I put on every map possible that I accept it NO ONE EVER PAID. How stupid is that we got all setup on LN everything is ready I would just convert the BTC every night to a exchange to pay my staff etc... 0 people are using it put this in your head. You can stack as much as you want go to El Salvador and see by yourself how many using it only white American folk that privilege. Keep stacking keep not using it and congratulation that make is useless.

special_onigiri

I could literally live with all of the stuff you mentioned except for one. Ridiculous names don't matter to me as they are just names. Projects being scams are easily avoidable if you just go for the ultimate top onesthat are established and are *building* regardless of the market sentiment. Influencers being scammers? Just avoid them, that's what they do to begin with. Advertise something in exchange of money. Tldr; PAID SHILLS. UX being absolute dog shit? Man, this is just incompetence.

comfortablesorrow

Absolutely. That boy about to get PAID.

WimbleWimble

be careful of brave. regardless of the ad blocker you use, they have a system of PAID ads that can bypass all protections. And guess who's the most likely to pay? thats right...scammers and malware slingers.

Nizzenitooo

USDT / BTC PURCHASE AMOUNT NEEDED ( 7,000,000USDT Or 6BTC) SELLER GETS PAID IN FIAT BUYERS PROCEDURES 1. Arrange an appointment for a zoom call with the operator from the seller 2. After your seller has to give us all his information. The buyer knows with who he is working with. 3. After this, if the operator agrees we going to get an appointment with the seller 4. Seller will show coin control on a live A2B zoom test. (I) seller sets up on zoom a brand new wallet and sends the wallet address to buyer (II) Seller funds wallet with agreed amount of USDT or BTC (III) Buyer sees movement on blockchain (Iv) Upon confirmation buyer sends money to seller designated account. Buyer will show money and initiate the first payment immediately. (V) Seller confirms funds and sends coins

Nizzenitooo

USDT / BTC PURCHASE AMOUNT NEEDED ( 7,000,000USDT Or 6BTC) SELLER GETS PAID IN FIAT BUYERS PROCEDURES 1. Arrange an appointment for a zoom call with the operator from the seller 2. After your seller has to give us all his information. The buyer knows with who he is working with. 3. After this, if the operator agrees we going to get an appointment with the seller 4. Seller will show coin control on a live A2B zoom test. (I) seller sets up on zoom a brand new wallet and sends the wallet address to buyer (II) Seller funds wallet with agreed amount of USDT or BTC (III) Buyer sees movement on blockchain (Iv) Upon confirmation buyer sends money to seller designated account. Buyer will show money and initiate the first payment immediately. (V) Seller confirms funds and sends coins

Nizzenitooo

USDT / BTC PURCHASE AMOUNT NEEDED ( 7,000,000USDT Or 6BTC) SELLER GETS PAID IN FIAT BUYERS PROCEDURES 1. Arrange an appointment for a zoom call with the operator from the seller 2. After your seller has to give us all his information. The buyer knows with who he is working with. 3. After this, if the operator agrees we going to get an appointment with the seller 4. Seller will show coin control on a live A2B zoom test. (I) seller sets up on zoom a brand new wallet and sends the wallet address to buyer (II) Seller funds wallet with agreed amount of USDT or BTC (III) Buyer sees movement on blockchain (Iv) Upon confirmation buyer sends money to seller designated account. Buyer will show money and initiate the first payment immediately. (V) Seller confirms funds and sends coins

Nizzenitooo

USDT / BTC PURCHASE AMOUNT NEEDED ( 7,000,000USDT Or 6BTC) SELLER GETS PAID IN FIAT BUYERS PROCEDURES 1. Arrange an appointment for a zoom call with the operator from the seller 2. After your seller has to give us all his information. The buyer knows with who he is working with. 3. After this, if the operator agrees we going to get an appointment with the seller 4. Seller will show coin control on a live A2B zoom test. (I) seller sets up on zoom a brand new wallet and sends the wallet address to buyer (II) Seller funds wallet with agreed amount of USDT or BTC (III) Buyer sees movement on blockchain (Iv) Upon confirmation buyer sends money to seller designated account. Buyer will show money and initiate the first payment immediately. (V) Seller confirms funds and sends coins

kautzmanskate

The owner of this bot is getting PAID

MaceInYerFace

Crypto is not really decentralized. Look at this company -> [https://a16zcrypto.com/portfolio/](https://a16zcrypto.com/portfolio/) They fucking have their hands in everything. It's not a conspiracy theory, sans a few things, mostly everything is backed by VC funds. All of your favorite influencers fall in line because THEY ARE PAID BY THE SAME PEOPLE.

Im_Borat

how about being PAID tokens to watch it then?

pigeonwiggle

bitcoin will never be real money. here's what bitcoin will be: you tap your visacard to pay for everything, you pay your electric bills and gym membership with it. Visa is sweating all the money it's spending on you before you pay them back. it's not just you, it's everyone in your locale - visa is just a debt machine, but it cannot OWE companies - companies need CASH NOW. that pizza you ordered needs to be PAID NOW so that friday the pizza owner can pay his rent. so Visa needs to shuffle money around - Visa will transfer from it's Consumer Branch Pacific Division to it's MidWest division to make sure it's still got the funds to pay for all this stuff you're charging (and everyone in your area). visa will make that transfer via bitcoin. it'll borrow money from other financial services via bitcoin. then you'll make your cash payment from your bank to your visa - wiping the 1500 debt you had accumulated last week (slow down your spending, son) and everyone else will too, (theoretically) and now Visa will have an overflowing acct, that it can pay back it's lender bank or whatever - it still owes in bitcoin, so it'll make the transfer that way. BITCOIN is NOT CONVENIENT for buying mcdonalds, and then making a second transaction order because your girl decided she wants a mcflurry for the ride home. it's not good for getting gas, and a few groceries and all these little fucking purchases on your way home. 14 transactions in 2 days? fuck off. that's not what bitcoin is for. that's cash money. bitcoin is for when those 14 transactions add up to 900 dollars, and you need to refill your spending acct. bitcoin is for larger transactions. bitcoin is for you buying a boat on kijiji for 4500 dollars and not wanting to walk up to some strange house in a neighbourhood you've never visited with 4500 dollars cash in your wallet.

FattestLion

So pretty much like a public blog where everyone can contribute. Best not to write “JUST PAID MR. ELON FOR DRUGS TODAY” on a public blog I guess.

illachrymable

So...no. Look, let's say I have $10m in cash, and I want to buy a house. Most wire fees are still flat amounts, so I pay ~$20 in fees if I use my bank. Possibly less if you use a check. The seller of the house gets $9,999,980 in cash. What if I use bitcoin? Well I need to transfer my money from USD to BTC. Lets assume a a relatively low centralized exchange fee to buy the crypto of 0.1%. I have $9,990,000. I transfer it to the seller. I pay $5. They exchange it back into USD, paying another 0.1% fee. The Seller now has $9,980,005 USD. This assume NO price slippage or volatility. Both of which make the transaction much riskier. That means you PAID almost $20,000 to engage in a risky transaction over a safe one. It quite literally makes no financial sense. Yes sending BTC over lightnig is cheap and fast, but it relies on major assumptions and invlove significantly more risk if you price transactions in fiat (which any real world transaction will be)

BlueShipman

Holy shit that's expensive. I assume it's 0.84 cents to move any amount? Yikes. I literally GET PAID to use my credit card. Why in the hell would I ever do that?

frogiscat

Legal bills: PAID.

arcalus

Yeah but if they have a PAID avatar, I implore you to drive on.

Rastifar

I'm saying that without any sarcasm, but this sub is the quickest way to learn about exploits, hacks or other dangerous events. Back in 2021, the PAID hack was mentioned in the daily minutes before the first tweets became viral, giving the chance to users here like me to swap PAID for ETH before the pair was blocked. Price had already plunged but at least saved some part of investment. So thank you for that, r/cc. Still not forgiving you about shilling the fuck out of LRC.

dwhalen06

and clearly you did not research your comment before posting it. The rich NEVER PAID 90% or even close to it back then with all the tax loopholes back then. It was closer to 14% on average. Research your info before repeating nonsense that AOC spews all day long.

Mr_Bob_Ferguson

> Like you said, there are a ton of free NFTs out there so it's not surprising a large number of people own them The number may be correct. Even exchanges like Coinbase give them away to customers every now and then. The number of people who have PAID for NFTs will be a lot lower though.

biba8163

> decentralized network of validators Ripple/XRP is NOT decentralized. It's a **TRUST based model of PERMISSIONED validators that are PAID by Ripple.** In Proof of Work and Proof of Stake systems, trustlessness is achieved because of economic incentives for honest behavior. Since there is no incentive based model in the Ripple/XRP network, the system is permissioned where Ripple has selected hand picked Trusted Validators for the network. > Trust-Based Validation...The core principle behind the XRP Ledger's consensus mechanism is that a little trust goes a long way. Each participant in the network chooses a set of validators...the set of chosen validators should not be likely to collude with one another to break the rules...This list is called a Unique Node List, or UNL...each server listens to its trusted validator https://xrpl.org/intro-to-consensus.html It's a closed system. Everyone can become a validator but ONLY Trusted Validators in the UNL of Trusted Validators are a part of the consensus process -- you can run a validator but your nodes' validation messages are IGNORED > Issuing validation messages does not automatically give your validator a say in the consensus process, so the system is not vulnerable to a Sybil attack . Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it. https://xrpl.org/run-rippled-as-a-validator.html Ripple's network is a closed network or what the whitepaper refers to as a clique where the validator nodes generally have the same list of trusted UNLs > By cliques, we mean a set of nodes where each node’s UNL is the selfsame set of nodes - The Ripple Protocol Consensus Algorithm - David Schwartz, Noah Youngs, Arthur Britto And Ripple's trusted validators are the same for the UNL lists by the 3 publisherss, Ripple, XRPL Foundation and Coil. Ripple always brags about decentralization and lots of entities and Universities running validators. But if you look at the list of universities on the UNL who run these trusted validators, it's always Universities who have gotten $Millions in grants from Ripple to "support academic research." And the other entities are either exchanges that have some partnership to list a ton of XRP pairs or are some ghost companies with 4 or 5 employees propped up by Ripple. Again, just like the partnership facade with Ripple is a paid sponsorship, the decentralization facade with Ripple is also paid sponsorship. The universities you find running Ripple's Trusted Validators are the same universities Ripple pays millions of dollars to. https://xrpscan.com/validators > The University of North Carolina at Chapel Hill Kenan-Flagler Business School is part of a $50 million initiative by Ripple to support academic research...UNC Kenan-Flagler, MIT, Princeton, the University of Pennsylvania, the business schools at the University of California Berkeley and the University of Texas at Austin, Fundação Getulio Vargas and universities in the Netherlands, Australia, India, Korea, Luxembourg, the U.K. and Canada (UNC and other Paid Universities are Trusted Validators) https://www.kenan-flagler.unc.edu/news/unc-kenan-flagler-selected-to-be-part-of-50-million-blockchain-research-initiative-by-ripple/ > TECH FIRM RIPPLE SUPPORTS BLOCKCHAIN RESEARCH AT KU WITH $2M GIFT (KU is a Trusted Validator) http://news.ku.edu/2019/02/07/tech-firm-ripple-supports-blockchain-research-ku-2m-gift > BitTrue Ripple partner with 82 XRP pairs (Trusted Validator) https://www.xrparcade.com/news/xrp-friendly-exchange-bitrue-to-reach-78-xrp-based-pairs-81-total/ > Ripple investing in Towo Labs (Trusted Validator) (5 employee on LInked, Ghost Company) https://ripple.com/insights/investing-in-towo-labs/ > DigiFin (Trusted Validator) (5 employee on LInkedIn, Ghost Company) https://digifin.uk/

CardanoCrusader

So, the same country that put Japanese in concentration camps in WWII, the country that closed schools, increased teen suicide, forced everyone to wear ineffective masks and take ineffective vaccines, THAT population is going to rise up against not being able to use TikTok??? This is the same population that let Antifa and BLM burn down black businesses, kill black police officers and destroy black neighborhoods. This population let the rioters get bailed out and then let them get PAID MILLIONS by the cities that jailed them to apologize to the rioters for having inconvenienced them. I just don't see that population doing much of anything about this.

ra246

Holy fuck bro. GET THAT CAR LOAN PAID OFF Maybe not as much as you can every month, but certainly over pay it at least a little bit

_TheWolfOfWalmart_

Of course it'll dump on every distribution. Moons are fun, but this is one of the reasons I've never actually PAID for any. It's like like having a never-ending monthly vesting lol.

jackieo01

DASH is the best way to remain decentralized. No need for "layer 2", it gives scaling and speed on base chain. The point of crypto is a record of txes. Lightning gets rid of this. So it is against crypto. In DASH masternodes (full nodes with proof of havin' 1000 DASH) are PAID. So ya concerns don't apply to us. We can scale ON CHAIN

clue5tick

They still won't get it, because they're PAID not to get it. But we do! You go, Jack!

dookiehowzerHD

They act like SBF was PAID that money. He stole it.

SpaceMan639

It’s great to see how moons are life changing for a lot of people. I say if you have believe in yourself then you can do it. I see lots of people shit post on Twitter for free. When they can be here doing and get PAID for Free!

AlexWasTakenWasTaken

I withdrew 0.1 btc and had a 0.05 btc fee to pay. Why did I only get 0.05 btc? Jesus.. BECAUSE YOU PAID THE FEE obviously?

0xMisterWolf

This is the hard truth about Solana, and one I’ve never shared publicly. Solana became a laundry machine the moment SBF invested via Alameda. The PoH design enables it to seem decentralized while still keeping the validator pool extremely small in comparison to other decentralized tokens. Solana has about 3k validators. As a comparison, Ethereum had about 200k validators. SBF, and others - a TON of other people - used Solana to essentially clean anything that needed cleaning. As of recently, weeks ago, Toly was touting Solana as the chain with the most developers working for it or on it… but they’re being PAID to develop there. It’s a complete farce. There are next to zero developers building on Solana for the purpose of building on Solana. Ethereum developers are all over the world and develop to develop. Much of what’s been done with Ethereum was done for free, by teams looking to strengthen or grow the ecosystem. I implore anyone reading this to remove their capital from Solana. Want a faster alternative to ETH? Arbitrum. Optimism. Hell, Avalanche or Polkadot. In fact, if you’re looking to hold what could be the future of crypto… Polkadot is a pretty good place to start. Though, they’re quit behind the curve in terms of default privacy in a way the ZK projects are not. Anyway. Solana is a bonafide shit coin that’s being used for all the wrong reasons and the downtown alone is enough for anyone with half a brain to realize the validator pool is kept deliberately small for a reason.

Raygunn13

Yeah i think crypto gaming enthusiasm is rooted in a misconception about the nature of human motivation. We play games because they're intrinsically motivating, i.e. they're fun. Add money into the mix and that's an extrinsic motivation which tends to uproot and replace the intrinsic motives. I don't think most people can easily separate those mind states. I haven't written off the possibility that it might take off a little bit, but I think wishful thinking (you mean I can get PAID to play video games??) will be a significant factor, along with what I see as a misunderstanding of the economics involved. Not everyone can get rich on games- the money has to come from somewhere so it isn't exactly sustainable.

Ofulinac

>they can use WinRar free trial to open it! You mean to tell me there is a PAID version out there too?!?

urug99

Right, legal tender is different than a business/vendor agreeing to take USD. Very different indeed lol. I can't speak as to whether or not people in India will accept USD even if it's not legal tender, but again even if 100% of businesses in India do, that doesn't mean shit for the other countries. Fact is, you might be able to get by in some countries with USD, others you will need to convert it (which is usually pretty easy but point stands). I don't get why gains tax eludes you. IF YOU GET PAID BY AN EMPLOYER IN BITCOIN, YOU DON'T PAY GAINS TAXES (unless there are gains! duh lol). So you are right you don't pay gains tax when you get paid in USD, because there are no gains lol. No gains = no gains tax If I gave you $100 as payment, you have to pay taxes on $100. If I gave you $100 worth of bitcoin, you also pay taxes on $100. If you're bitcoin stays at or below the value it was when I payed you, you don't pay gains taxes (cuz it lost value). BUT if your $100 of bitcoins turns into $1,000,000, then you got to pay taxes on that cuz you gained money. Gains taxes is paid on GAINS. This is very simple.