Topic: Do I really have to pay taxes on crypto investments? - page 13. (Read 2482 times)
Budget replenishment will be greatly reduced, since at the moment almost no one is working, and many businesses have collapsed 90 percent. And now the situation is simple, either allow the business, which will lead to deaths or take over (state) responsibility and introduce emergency situations, supporting business and helping finances. Its a good thing that here in the US we will receive some helicopter money)
For some countries, low oil prices are bad; for others, good. Yes, hard-to-reach (expensive) oil such as offshore may not be available at the next growth, if it now seems unprofitable, but as long as there is oil on the Arabian Peninsula, which almost hits the ground itself, there will also be no critical shortage, so there’s nothing to worry about the current crisis on a global scale will not occur, which means that there is no reason to somehow strongly restructure the economy on bitcoins or something like that. Oil is just one aspect of the economy after all.
Oil price is one of the key aspects of many economies. But this is really not a reason to switch to Bitcoin. a much stronger (negative) impact on the economy is exerted by a coronavirus, self-isolation, and frozen small businesses. At the same time, the transition to remote work and the depreciation of national currencies can have a positive effect on the popularization of cryptocurrency in general and Bitcoin in particular.
For some countries, low oil prices are bad; for others, good. Yes, hard-to-reach (expensive) oil such as offshore may not be available at the next growth, if it now seems unprofitable, but as long as there is oil on the Arabian Peninsula, which almost hits the ground itself, there will also be no critical shortage, so there’s nothing to worry about the current crisis on a global scale will not occur, which means that there is no reason to somehow strongly restructure the economy on bitcoins or something like that. Oil is just one aspect of the economy after all.
The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
I think Bitcoin will be in demand. It was precisely for this that it was created in 2008 when there was a financial crisis. As for oil, this is just a product; there are others that are successful. Oil in Venezuela was not strengthened by Petro. My opinion is to create a national digital currency, and Bitcoin can be a reserve currency instead of the dollar.The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
I think Bitcoin will be in demand. It was precisely for this that it was created in 2008 when there was a financial crisis. As for oil, this is just a product; there are others that are successful. Oil in Venezuela was not strengthened by Petro. My opinion is to create a national digital currency, and Bitcoin can be a reserve currency instead of the dollar.The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
I think Bitcoin will be in demand. It was precisely for this that it was created in 2008 when there was a financial crisis. As for oil, this is just a product; there are others that are successful. Oil in Venezuela was not strengthened by Petro. My opinion is to create a national digital currency, and Bitcoin can be a reserve currency instead of the dollar.The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
I think Bitcoin will be in demand. It was precisely for this that it was created in 2008 when there was a financial crisis. As for oil, this is just a product; there are others that are successful. Oil in Venezuela was not strengthened by Petro. My opinion is to create a national digital currency, and Bitcoin can be a reserve currency instead of the dollar.The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
I think Bitcoin will be in demand. It was precisely for this that it was created in 2008 when there was a financial crisis. As for oil, this is just a product; there are others that are successful. Oil in Venezuela was not strengthened by Petro. My opinion is to create a national digital currency, and Bitcoin can be a reserve currency instead of the dollar.
The scenario of the oil market is less clear, it is unlikely to be in demand in the coming months since there is a reduction in so many businesses related to it. Oil - part of the economy, watching the latest events - there is an opinion that every small decline in oil prices is somehow related to a small decrease in bitcoin prices. I want to understand if there is a relationship here.
We have big problems guys. oil for the first time in history went to minus values. One of the reasons for this situation is the lack of demand for current consumption volumes. what do you think will happen to the economies? what will happen to oil, given that the situation will not change? And from here the main question is whether Bitcoin will be in demand, if only as a means of preservation if oil does not recover over a long period. All possible patterns are welcome.
CAn anyone please once again explain the strategy of tax-loss harvesting to me?
so the first step is to determine capital gains or losses for each position in your portfolio by subtracting the current price from the cost. take into account all your crypto holdings - not only those that are in the same wallet or on the same exchange. use the FIFO method. it minimizes the risk of short-term capital gains. In particular, you first sell the oldest positions, which means that you are more likely to receive long-term capital gains. maybe speak with your accountant to learn more about it. and last step is selling the position at a loss, and optionally, repurchasing the position to maintain the portfolio’s asset allocation. Bitcoin’s main problem in its associations with the black market and rejection by the majority
for today, it is definitely not the main problem.
Yes, the competition is really big right now. As you correctly mentioned, probably the main problem of Bitcoin is that the number of users will be almost at the same level ... but how to solve it?
My subjective opinion (let the haters laugh) is BTC = e-gold, one of the means of accumulating capital on a par with gold (although the scale is smaller). Bitcoin will never be thrown into the garbage pit for devastation, because BTC-billionaires have found for themselves a real gold mine that will never dry out.
sure. They are the ones who dictate prices now ... My subjective opinion (let the haters laugh) is BTC = e-gold, one of the means of accumulating capital on a par with gold (although the scale is smaller). Bitcoin will never be thrown into the garbage pit for devastation, because BTC-billionaires have found for themselves a real gold mine that will never dry out.
sure. They are the ones who dictate prices now ...
My subjective opinion (let the haters laugh) is BTC = e-gold, one of the means of accumulating capital on a par with gold (although the scale is smaller). Bitcoin will never be thrown into the garbage pit for devastation, because BTC-billionaires have found for themselves a real gold mine that will never dry out.
And with what user base should bitcoin grow? Everyone knows about Bitcoin: the Internet, television, newspapers ... everywhere from time to time, people get information about Bitcoin, and not about other cryptocurrencies. Those who wanted to understand for themselves "what is it" - understood a long time ago. Some read and passed, others accepted the first cryptocurrency as something special and unique.
I partially agree with all of what you have said, I will not dissemble. I am not an ardent advocater of the first cryptocurrency, but also not an adversary.
The main problem of Bitcoin, if we return to the topic, is that the user base of Bitcoin cannot grow significantly. It either does not grow anymore or grows at a very slow pace. This is a dead-end. At the same time, in the Bitcoin community, everyone pretends that everything is fine, that there is no problem. They are talking nonsense about the fact that LN will save us.
You are all wrong, the main bitcoin problem is low transactional speed.
you know there are many fast blockchains that transmit money quickly. If you can withdraw small amounts within a shorter period of time with a small commission through another crypto, then why use bitcoin for larger amounts, paying a larger commission, and still have to wait half an hour?Jump to: