Bitcoin Thread

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American CPI and Inflation data was good for the month of December. That means the Fed will likely not hike rates as much in February and the price of some stocks rallied on the news. Crypto has a correlation to the US market so if it rallies then crypto follows
Yes, everyone follows the currency backed by $25T

in debt...
 
Anyone know what happens with taxes if you emigrate to a country like USA for example and you were sitting on some crypto. Do you first have to pay capital gains in SA and then the price when moving is the new base price in USA? How would USA tax authority monitor that?
 
Don't listen to them promoters. They all heavily invtetsed and just want to recoup. The biggest ponzi of all time will eventually collapse :D
Good advice - no-one has a crystal ball. There are enough whales and would-be whales to keep puffing prices up - and down - when that suits them. Yes, it (probably) will collapse eventually but BTC has plenty more big rises and big falls before "investors" find a better source of speculation and promoters run out of the bigger fools to influence. It is still the biggest game in town unless one can play the biggest ponzi of all - the Wall Street version of capitalism.
 
none, unless maybe you like to gamble on whatever random new shytcoin gets launched daily, odds are Binance will list it and Kraken won't

It’s amusing that the same people usually in a panic about Genesis and Luno don’t apply the same logic to Kraken which is also in DCG’s portfolio.
 
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