I don’t think it’s China this time around. Looks like Yellen and the Treasury
Treasury calls for crypto transfers over $10,000 to be reported to IRS — Bloomberg
EDIT: China looks like it has a hand in this 2nd drop as well.
Boiler Room: The Official Stock Market Discussion
I don’t think it’s China this time around. Looks like Yellen and the Treasury
Treasury calls for crypto transfers over $10,000 to be reported to IRS — Bloomberg
EDIT: China looks like it has a hand in this 2nd drop as well.
humminbird
Veteran
actually reading this it's not that bad
it's only for business and the banks already do a similar thing
also, people are saying just do $9,000 increments
don't do that, it's illegal and called structuring
Rickdogg44
RIP Charmander RIP Kobe
they probably pulled a Musk. Bought puts and then tanked it lol
JetFueledThoughts
Superstar
#SoFiGang we in here
Eternal Tecate
Superstar
That 10k thing already exists for cash transfers. I'm not sure what the IRS can glean from 10k+ crypto transfers between anonymous wallets.
Eternal Tecate
Superstar
China has the majority of bitcoin mining centers, not sure how hurting bitcoin helps them.
CBDCs aren't replacements for BTC. CBDCs are ways to track the flow of every dollar in existence on that official government blockchain. People who don't want the government to be able to track their every movement will continue to use crypto. Crypto will act as the new "cash" with the advantage of being digitized and being movable across borders. China profits off it with their mining why would they want to stop it?
CBDCs aren't replacements for BTC. CBDCs are ways to track the flow of every dollar in existence on that official government blockchain. People who don't want the government to be able to track their every movement will continue to use crypto. Crypto will act as the new "cash" with the advantage of being digitized and being movable across borders. China profits off it with their mining why would they want to stop it?
blues_funk_reggae
Veteran
Yesterday's gains are today's losses.
Man, I was trying to short ANVS and they were allowing me around the $55 mark, but I decided to wait and see how high it would go. It's easy to know what to do, but sometimes it's hard to get in when you need to. That joint is up in the $90s right now and will fall like a rock at some point. Can't borrow any shares.
Rickdogg44
RIP Charmander RIP Kobe
thetagang 
@chineebai where do you see PATH going if it can close over 82.50?
Planet 13 Holdings will host a conference call on May 27th, 2021 at 5:00 p.m. ET to discuss its first quarter ended financial results
looks like the pump up is already starting. Expecting nice results but probably a sell off anyway next Friday.
looks like the pump up is already starting. Expecting nice results but probably a sell off anyway next Friday.
Spidey Man
Superstar
That's a nice feature to have. My credit union already gives me access to my deposit a day before payday. I barely use it but it's a nice feature to have.
this is a new stock so there's not much history which is always much riskier. I suggest you use fib levels once it reaches All Time Highs and manage risk that way. That's what I do. Once it reaches a new level, I set stops to that new level, etc. Thats how I manage risk.
ahomeplateslugger
Superstar
NVDA wants to do a 4 to 1 stock split