Do you think Biden's insistence to tax crypto traders will affect BTC, ETH and other coins value??

[Stylex]

Write your reply...do you think Biden insistence to tax crypto trader will affect bt cth and other VALUE COINS
Well I think it has two Implications either to increase it to a higher level or to decrease it

 

[Senator]

Whatever policy joe Biden feels like or chooses to pursue on cryptocurrency within the United States of America can only affect the United States citizens and not the global price of cryptocurrencies whatsoever

 

[Sincerem]

Write your reply...do you think Biden insistence to tax crypto trader will affect bt cth and other VALUE COINS
Well I think it has two Implications either to increase it to a higher level or to decrease it

It isn't on the effect at this time, bidden relaxed it in order not to cost panic in the digital coin industry. Maybe in the future it will be brought back, cos crypto is business for all.

 

[GIFTMICHAEL]

Yes they're just trying to bring out what will give them the power to use this money without having a guilty conscience, and no matter how you tell them to change they don't even Care to hear it.

They don't care indeed dear, their corrupt mind is always telling them that they are always right when they are swimming around the pools of wrong.

 

[Jlife]

They don't care indeed dear, their corrupt mind is always telling them that they are always right when they are swimming around the pools of wrong.

Well the best we have to do is to really be guided, because if they do not see anyone to scam, the Will start thinking of doing a better thing for themselves and maybe the country they are living in.

 

[GIFTMICHAEL]

Well the best we have to do is to really be guided, because if they do not see anyone to scam, the Will start thinking of doing a better thing for themselves and maybe the country they are living in.

Yes, when we've learned about their odd tricks, and stop falling in their hands, they will have no choice than to find something tangible doing.

 

[Jlife]

Yes, when we've learned about their odd tricks, and stop falling in their hands, they will have no choice than to find something tangible doing.

The only people they are capable of brainwashing are the innocent people that are just coming online, that is why they are still able to engage in this type of business because they cannot scam a professional online Hustler

 

[jeff87]

If there will be a tax on the crypto coin industry there will surely be an effect on the investors, on the wallet providers and on the exchange market. However, the effect will depend on the rate of tax that the government will levy on the transaction, on the wallet and on the exchange market.

Yes the taxes on cryptocurrency of President Joe Biden will really have a big effect on the market price of cryptocurrency. It made the traders and investors to pull out their investments because they are afraid of losing money through high taxes. The same is true in our country.

 

[GIFTMICHAEL]

The only people they are capable of brainwashing are the innocent people that are just coming online, that is why they are still able to engage in this type of business because they cannot scam a professional online Hustler

Yeah, they know that newbies will always come into online fold, and they want to get this newbies believing that it is easier to make money with their weird tricks.

 

[Jlife]

Yeah, they know that newbies will always come into online fold, and they want to get this newbies believing that it is easier to make money with their weird tricks.

Well since we do not have any way we can prevent this, it is always better for people who are just new online to be very conscious on the type of online deal they are going into, that's just all

 

[Josemendez]

This is absolutely possible for the government to tax cryptocurrency in the future because of the wide acceptance of cryptocurrency. The government will also want to make something from cyptos, hence the need to tax it.

Apart from the fact that is widely accepted . They need to tax it so that they can generate revenue from exchanges that are making money from their website .

 

[Good-Person]

Since Biden's tax policy had an impact on crypto prices a few months ago, this will have an effect on crypto prices if Jow Biden increases the tax on crypto assets once agin.

 

[GIFTMICHAEL]

Well since we do not have any way we can prevent this, it is always better for people who are just new online to be very conscious on the type of online deal they are going into, that's just all

That's just the simple truth, they should be careful and always ask questions before entering into Online investment to avoid being scammed.

 

[Snazzy001]

Definitely his insistence on taxing cryptocurrency traders in have to effect in the value of cryptocurrency. The problem is that it can't be predicted if it were affected negatively or positively

 

[GIFTMICHAEL]

Bidden insistence in crypto isn't in action anymore, it took effect earlier on. I believe he removed it after getting negative feedback from people.

 

[Setfragil]

Apart from the fact that is widely accepted . They need to tax it so that they can generate revenue from exchanges that are making money from their website .

It is not bad taxing the exchangers that makes profits from it but it will definitely bounces back on the common users of cryptocurrency that patronises exchange platforms.

 

[Kelly5]

I don't think that bidens insistence to task it's country fellows on cryptocurrencies will affect the price of Bitcoin, ethereum, and other cryptocurrencies out there. These coins are not been controlled by the US like they controlled the dollar

 

[Josemendez]

It is not bad taxing the exchangers that makes profits from it but it will definitely bounces back on the common users of cryptocurrency that patronises exchange platforms.

Ofcourse it will have it's side effect on the cryptocurrency exchange users , however the government need to collect these loans . They need to benefit from the exchange presence

 

[Good-Person]

Biden can influence the price of cryptos just like Elon Musk can. However, I do not think that Biden's policies are the only main factor that can cause the crypto price to go up or down. The other countries ggovernments can also influence the price of crypto to some extent.

 

[Senator]

Bidens' insistence would have had some effect if the dollar was what he was telling the Americans of increasing task on and not cryptocurrency. There will be no effect whatsoever of his insistence to Americans