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Trump attacks Cryptocurrencies! Heavy tax losses coming. – bitcoin price prediction 2018

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Trump attacks Cryptocurrencies! Heavy tax losses coming. – bitcoin price prediction 2018



Investors in bitcoin and other virtual currencies would lose a lucrative tax break under the Republican tax bill that’s on its way to President Donald Trump’s desk.

New limits in the bill would bar cryptocurrency owners from deferring capital gains taxes when trading one type of virtual currency for another — effectively closing a gray area in the tax code, experts say.

Those gains can be considerable. Bitcoin, which had an initial price of less than 1 cent when it first traded in…

9 Comments

9 Comments

  1. Bryce Fraser

    September 21, 2019 at 12:15 am

    "China bans bitcion" evolved, its a new kind of fud.Taxing Monero on bisq is going to be hard

  2. tommy pockets

    September 21, 2019 at 12:15 am

    this is fake news

  3. Henry Halamadrid

    September 21, 2019 at 12:15 am

    Change it in Euros and fuck the dollars

  4. Hamguy Bacon

    September 21, 2019 at 12:15 am

    Isn't atomic swaps going to basically make this irrelevant?

  5. Will Smith

    September 21, 2019 at 12:15 am

    Event means only on the profit. They can’t tax you on a loss.

  6. WREM

    September 21, 2019 at 12:15 am

    Fucking Scumbags.

  7. Francys Varona

    September 21, 2019 at 12:15 am

    dont use U.S exchanges problem solved

  8. TheFinnmacool

    September 21, 2019 at 12:15 am

    The attack begins, I mean continues. Really though what will happen is some people will just move on and others will be more selective in what they buy. Prices will stabilize but overall will continue to rise. Many alt-coins will die. ICO's will thrive. It will take a lot more than this to kill cryptos.

  9. Etim Emmanuel

    September 21, 2019 at 12:15 am

    Thanks a lot for this information. Although am yet to buy bitcoin and I appreciate the update.

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