Trump vetoing crushed the market?

crypto super weak here rolling over

looks like XRP news finally hititng the broader crypto markets now that it's struggling even at $.20 lol

Drop everything Drop

What the hell eth doing

Vitalik need to get the pump on the coin

will be interesting to see if we really see a drop in btc or this dip gets intensely scooped up like we've seen so far since we hit $20k

this is the biggest news fud we've seen in a while

the SEC report against ripple looks like a slam dunk

ETH has underperformed for weeks/months now

that said looks like the algos bought the dip for now

paycheck coming in tmrw what great timing

impressive strength here in the recovery. could have been a huge fakeout liquidating people lol

ZIL my b****

coindesk.com/presidential-advisory-group-weighs-in-on-regulatory-approach-to-stablecoins?amp=1&__twitter_impression=true

since 2018 if we are being honest

crazy how the year started then ended..

Damn didn’t see Eth fell would’ve picked up more

Link reached $8

coinbase fees are a f***ing joke bro, doesnt binance have an on ramp now? f*** this s*** lol

if you do the "sell altcoin for USDC then convert USDC to USD" strat you also get raped on taxes. f*** CB and pro

how would you get raped on taxes

selling USDC to USD is rarely ever a taxable event unless you have big loss or gain but that's pretty rare

arent they counting every transaction made as a taxable event in the next IRS filing?

technically it is a taxable event in the sense that you have to report it to the IRS but you only pay taxes on gains

so if you sell USDC for USD you only will pay taxes on the increase in price since you bought the asset

both assets are worth $1 you are usually gaining $0 unless USDC rises above $1 and even in that case you subtract the fees of the transactions from your gains so it's pretty rare to pay taxes and if you do it probably won't be much

you really are just paying taxes when you sell the crypto to stablecoins

hmm I gotcha

that helps a lot

crazy how many regular people have such a high disdain for something like bitcoin, when they:

1. don’t have no clue what it is even on a basic level
2. ignore it being the best performing asset in history
3. call it a ponzi when anything can be stretched into their definition of "ponzi"
4. call it a bubble when it’s proven time and time again that it isn’t

99.99% of people that’s purchased bitcoin is in profit to this day

imma just keep my head down and do me

happy holidays also!!

goodbye money see u soon

happy holidays