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Retail selling off massively, but institutional money pouring in for Bitcoin
Comments
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That I do not know.greenblood said:
But from my understanding the "wash rule" still doesn't apply to alt coins. Am I wrong?DerekJohnson said:
In 2014greenblood said:
When did that announcement come? I hadn't heard about that. One of the advantages in Cryptocurrency is the avoidance of "the wash rule". I hope that hasn't been taken away.DerekJohnson said:
The IRS declared Bitcoin to be property and the other alt coins as securities. I think most crypto people buy it and then move in and out of itHFNY said:Does anyone here use crypto as medium of exchange or do people just park some spare cash in it?
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That would suckDerekJohnson said:
That I do not know.greenblood said:
But from my understanding the "wash rule" still doesn't apply to alt coins. Am I wrong?DerekJohnson said:
In 2014greenblood said:
When did that announcement come? I hadn't heard about that. One of the advantages in Cryptocurrency is the avoidance of "the wash rule". I hope that hasn't been taken away.DerekJohnson said:
The IRS declared Bitcoin to be property and the other alt coins as securities. I think most crypto people buy it and then move in and out of itHFNY said:Does anyone here use crypto as medium of exchange or do people just park some spare cash in it?
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Look at the 27.5-29.5 BTC region for buyback
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Sonic any trends broken that would raise your buy range? I may dip into the world of the unknown.
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Bull trap pump across the board. Do not buy anything and only open up shorts. The dump is going to be absurd, especially alts
