Possibly, but more likely whale manipulation. A lot of positives coming and the big boys are pushing it down to scoop up the dip. Opportunities knock when you know their game.
That's fine, you know your tolerance for risk and have done your research. My fear is that now that BTC can be used as collateral for loans, those banks aren't going to have that risk appetite, when the next major downturn happens they're going to panic and liquidate the collateral as is allowed in the contract. Its going to have a cascading effect, scaring out the ETFs and destroying any confidence crypto has built up.
Likely quite a bit. It’s a bigger pain the ass for authorities to trace than normal income and easier to transfer and convert around. Without running into the same pitfalls with conventional banking of transactions being flagged for being suspicious.
There’s also run of the mill organized crime, scammers, and fraudsters. Who the admin is also targeting. I bet there’s quite a few rug pull artists based in the U.S who are increasingly nervous.
Though I’d imagine there’s also going to be a lot of anger and seething from everyone else who is subsequently also getting caught up in it.
This should be a no brainer. Most average Americans with crypto accounts have completed KYC and the govt knows pretty much all their transactions. The only ones skirting this are the criminal networks and Cabal-blessed folks.
Crypto is not Bitcoin, and any tax on them would be handled very differently. Crypto, i.e., alt-coins, are classified as securities. BTC is not, since it fails the Howey Test. As such, the SEC considers it a commodity.
Absolutely. The STATIC is extremely high right now. We know the truth about currencies, and its not anyone attempting to prevent someone from doing anything.. We just want to protect others. I can be pretty adamant about it, lol.
Can we just get rid of the IRS instead...
But if we just add one more tax we'll have better roads, infrastructure, education and quality of life!
Lol I couldn't even type that with a straight face.
Possibly, but more likely whale manipulation. A lot of positives coming and the big boys are pushing it down to scoop up the dip. Opportunities knock when you know their game.
Same as gold and silver.
If Michael Saylor's company sells even one BTC its going to crater.
Ppl were a bit more optimistic then that at the Mining Disrupt conference last week. But hey, I buy coin an hodl like it’s a stock. Lovin this dip.
That's fine, you know your tolerance for risk and have done your research. My fear is that now that BTC can be used as collateral for loans, those banks aren't going to have that risk appetite, when the next major downturn happens they're going to panic and liquidate the collateral as is allowed in the contract. Its going to have a cascading effect, scaring out the ETFs and destroying any confidence crypto has built up.
gmta
GMTA?
great minds think alike i had come to type their comment like 2 minutes after them
Likely quite a bit. It’s a bigger pain the ass for authorities to trace than normal income and easier to transfer and convert around. Without running into the same pitfalls with conventional banking of transactions being flagged for being suspicious.
There’s also run of the mill organized crime, scammers, and fraudsters. Who the admin is also targeting. I bet there’s quite a few rug pull artists based in the U.S who are increasingly nervous.
Though I’d imagine there’s also going to be a lot of anger and seething from everyone else who is subsequently also getting caught up in it.
This should be a no brainer. Most average Americans with crypto accounts have completed KYC and the govt knows pretty much all their transactions. The only ones skirting this are the criminal networks and Cabal-blessed folks.
Go after those with warrants and close irs
Crypto is not Bitcoin, and any tax on them would be handled very differently. Crypto, i.e., alt-coins, are classified as securities. BTC is not, since it fails the Howey Test. As such, the SEC considers it a commodity.
Just going to poke my head in here and give an honest thank you for understanding the situation here.
Thanks for the encouragement. Helps to be precise when it counts, right?
Absolutely. The STATIC is extremely high right now. We know the truth about currencies, and its not anyone attempting to prevent someone from doing anything.. We just want to protect others. I can be pretty adamant about it, lol.
ALL of them.
Crypto:
via Google definition
short for cryptocurrency.
short for cryptography.
a person having a secret allegiance to a political creed, especially communism. Well isn't that special
concealed; secret.
from Greek kruptos ‘hidden’.
Hmmm. Confiscate DS crypto, pay off debt, revalue gold… new global monetary system.
Did BTC have a singular purpose?