Ppl on ct worrying bout tops already, bullish

livenewsnow.com/american/cnbc-america.html

Ppl are underestimating ETH

fair enough

what is ct

omicron obliterated my gains

you dont think that news would have any affect on the price?

we love pranag

Crypto twitter

Big December otw

Debt ceiling deadline coming. Stocks will dip and crypto will rise probably.

my stock portfolio was rallying crazy mid november just see all that wiped away and alot more

imagine tipping $1 worth of eth and you gotta pay $50 in fees

Why will they diverge

Imagine tipping a twitter user

More people could find value in the crypto market as they believe raising the debt ceiling will make the dollar lose value.

Holy f*** it’s December tm

And they won’t find value in stocks?

For many yeah, but for some it might be just a fear of uncertainty. People thinking companies might scale down their own spending, negatively impacting the company...etc.

$23

but who's checking

if Twitter used an Ethereum zk rollup it could cost as lil as 0.4 cents

There are multiple ways to approach tax treatment of these fees, ranging from conservative to aggressive. Please note that we recommend the conservative approach, as aggressive approaches may not stand up to later IRS scrutiny:

Conservative: Treat ETH fees spent in this instance as taxable sales, as if you had spent ETH on a good or service.

Medium: Claim the ETH spent on fees as removed from your holdings, but don’t recognize a capital gain or loss.

Aggressive: Claim ETH as a sale for 0 USD, claiming a capital loss on ETH spent.

You could also potentially add ETH transfer fees to your cost basis. However, the IRS could argue that these transfers were not necessary for the subsequent ETH sale to take place, thus this is a more contentious tax standpoint.

TL:dr

fr

whatever i look up about crypto says you can do it these 3-4 ways, makes it confusing