The post Bitcoin News Summary – March 23, 2020 appeared first on 99 Bitcoins.
Coinbase Visa debit card now supports Google Pay across 14 countries in Europe. Android users can indirectly make payments via crypto using Google Pay. This service is expected to launch in further European countries later this year. Popular cryptocurrency exchange Huobi is launching a feature that resembles Wall Street’s circuit breakers to hedge against [...]
I think it will pull through in the long run, but I'm curious to see what people think will happen over the next 90 days. Let's hear your thoughts.
well the fiat system is going to shit and people will get fucked hard once again. if u don’t want to keep getting fucked adopt bitcoin. sure there is also gold standard but they just gonna fuck us again in the same way
It's been a great 3 years being in Crypto but now I'm clueless. Been dollar cost averaging since 14k levels and made some profits here and there. Ever since covid 19, I've lost my job, lost 50% of my stocks and now -60+% down in crypto. I officially cashed out my leftovers in crypto and stocks. These bills aren't getting paid if this recession continues... So long, BTC. ✌🏼
If your cryptocurrency portfolio is in the red but you still haven’t sold, you wouldn’t be able to deduct an unrealized loss from your 2020 tax return. But since wash-sale rules aren’t applicable to cryptocurrencies under current guidance, you can exploit this loophole by selling to lock in your losses and buying back in at the same price. This could offset any gains in other assets you’d have to pay taxes on, though it would also make your taxable gain on cryptocurrencies much larger if your portfolio grows and you decide to sell in the future.
