Tick tock Zig Forums

Tick tock Zig Forums.
I hope you enjoyed the trap they've laid. You didn't think this bullrun coincidentally before he end of the tax year was organic, did you?

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Fud accepted. Still not selling btc nor dmg.

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If you’re hodlers it won’t effect you at all. Or if you sold shit coins at a loss to buy more winners. Only matters if you traded coins you made a profit on. You don’t have paper hands, do you user?

im never selling. jokes on the IRS

I checked the box and paid my taxes. So what?

America isn't even going survive for the IRS to collect shit.

>Trap
For people not paying. I'm paying taxes so fuck you.

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Trap for the weak hands. I love short term capital gains tax because it punishes the weak handed normies for selling early

Ok, but get this: what if I pay my taxes?

Not a problem. Cryptos are literally treated like stocks.

So I only owe taxes when I cash out right? Trading shitcoin for shitcoin doesn't mean anything until it's for cash

Bullish

Wroooooooooooooooong

>living in the usa
I pity you

imagine being an amerimutt lmao

tragically, i lost my XMR in an accident.

I'm not selling and probably won't sell until I leave the country for good. Bitcoin will outlast the federal government of the united states, deal with it statists.

Trump will order them to desist as his parting gift to his keyboard warriors

Because crypto is considered property, not currency, switching between coins is considered a taxable event.

jews are "considered" OK but that doesn't mean they are.

actually they do tax shitcoin to shitcoin thats one of the bullshit things they put through.

Stricter laws and regulations will propell btc in a big ass downtrend for 2021. Moon before new year, dump after new year. Just like in 2017/2018.
This should be clear by now.

If you have a HFT bot at Uniswap could you just send them a 2MB log?
>imagine being an american

Regulations will have the opposite effect, will bring institutional money in and let exchanges like Kraken operate as a bank.

indeed, alot of big players wernt touching crypto due to it being too sketchy..... being sketchy and unregulated only got crypto the sketchy market of criminals and stupid children.... and with that alone we have reached the heights we saw in the last bull run.... now with regulation all the billionares can buy in and the sketchy poor plebians can piss off.

Gains from airdrops are taxed as income (not capital gains), right? And the tax is based from the dollar amount you got at the time of airdrop?

I'm still confused

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I have losses so I've pretty much evened out

why would you sell at a loss? Was is a rugpulled scamcoin?

you're only taxed on the profit, though

yes

they cant tax me for shit if i dont fucking sell.
get fucked IRS niggers