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Author Topic: Bitcoin dump unfortunate  (Read 11568 times)

Offline Rony

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Re: Bitcoin dump unfortunate
« Reply #15 on: April 25, 2021, 07:06:34 PM »
I was also a little bit upset about this. I didn't find the exact reason at first later i came to know that this kind of dumping has taken place due to tax assessment.The fact is that not only Baydan's statements about taxes are called the reason for the decline in exchange rates, but also power outages in China, as well as an increase in US sanctions on other countries.
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Re: Bitcoin dump unfortunate
« Reply #15 on: April 25, 2021, 07:06:34 PM »

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Re: Bitcoin dump unfortunate
« Reply #16 on: April 25, 2021, 08:07:59 PM »
I was also a little bit upset about this. I didn't find the exact reason at first later i came to know that this kind of dumping has taken place due to tax assessment . But we all know that there is a hype in the crypto market. So it has to be acknowledged as a normal occurrence.

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Re: Bitcoin dump unfortunate
« Reply #17 on: April 25, 2021, 09:26:16 PM »
Or the market was over bought and time came to see demand and interest at 50 k levels for now it is holding but we may fell lower for a healthy correction with so many alts retesting their supports.
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Re: Bitcoin dump unfortunate
« Reply #18 on: April 25, 2021, 11:46:41 PM »
Many people are being panicked because of the significant drop in Bitcoin price. Yes, it is normal, moreover, it is also followed by the big dump experienced by most altcoins. However, I am one of those who still believe that BTC cans still rising up because this is still bullish time. And about taxes?

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Re: Bitcoin dump unfortunate
« Reply #19 on: April 26, 2021, 01:18:46 AM »
The proposed Bitcoin tax policy by Joe Biden has led to major changes in the Bitcoin market.  However, many people think that this change in Bitcoin is temporary and some people think that the change in Bitcoin may be as permanent as this year.  In fact, it is uncertain when the cryptocurrency market will always be volatile.
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Re: Bitcoin dump unfortunate
« Reply #20 on: April 26, 2021, 03:27:43 AM »
The proposed Bitcoin tax policy by Joe Biden has led to major changes in the Bitcoin market.  However, many people think that this change in Bitcoin is temporary and some people think that the change in Bitcoin may be as permanent as this year.  In fact, it is uncertain when the cryptocurrency market will always be volatile.

That's right, I see bitcoin dump because the proposed bitcoin tax policy by Joe bidden. But I think , we already pay the tax on transaction fee. I agree with you, crypto currency will always be volatile and unpredictable.

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Re: Bitcoin dump unfortunate
« Reply #21 on: April 26, 2021, 07:45:04 AM »
At present, not only Bitcoin but all cryptocurrencies are depreciating.Even a few days ago, the cryptomarket was in a much better position. However, at present it is seen that the crypto market has been dumping a lot.However, the value of other coins, including Bitcoin, may increase soon.
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Re: Bitcoin dump unfortunate
« Reply #21 on: April 26, 2021, 07:45:04 AM »


Offline nicecrypto

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Re: Bitcoin dump unfortunate
« Reply #22 on: April 26, 2021, 02:51:23 PM »
I was also a little bit upset about this. I didn't find the exact reason at first later i came to know that this kind of dumping has taken place due to tax assessment.The fact is that not only Baydan's statements about taxes are called the reason for the decline in exchange rates, but also power outages in China, as well as an increase in US sanctions on other countries.
Then I guess all those issues most have been resolved now that we are seeing Bitcoins price trading above $53k again. I have come to realize that until it is confirmed that we are in a bear market, any form of correction is really nothing to panic about and make unwarranted sell off. Keep calm, its just some correction and the market will rebound.

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Re: Bitcoin dump unfortunate
« Reply #23 on: April 26, 2021, 02:53:50 PM »
Bitcoin is rallying and is back above 50k. The depreciation did not last long.

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Re: Bitcoin dump unfortunate
« Reply #24 on: April 26, 2021, 06:12:11 PM »
I think cryptocurrency is very normal for the value of any currency to rise or fall. Because if the market does not fluctuate, the cryptocurrency market will not be able to survive. Please be patient, the value of Bitcoin will increase again.
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Offline Freemind

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Re: Bitcoin dump unfortunate
« Reply #25 on: April 26, 2021, 06:20:26 PM »
Bitcoin is at $53,358 and the global capitalization at 2 trillion again. People are easily scared by a little FUD and there is nothing to fear. The corrections are good, the FUD will always exist for some who want to buy cheaper and the market works like this. The sooner people find out about these things, the sooner they can breathe easy :o.
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Offline Kangaro45

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Re: Bitcoin dump unfortunate
« Reply #26 on: April 26, 2021, 06:28:31 PM »
I'm not sure how much the Bitcoin price has to do with the US President's remarks.  As far as I know about cryptocurrency my idea is that the price of any coin or token in cryptocurrency is never fixed all the time fluctuating the price I think currently bitcoin price dumping is a normal process of cryptocurrency but it may be different in my own opinion.

Offline mrjoy15

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Re: Bitcoin dump unfortunate
« Reply #27 on: April 26, 2021, 06:32:58 PM »
Bitcoin is rallying and is back above 50k. The depreciation did not last long.
That's the point. I appreciate those who had not worried so much and keep believing. So, we should stay positive no matter what Bitcoin dump. Dump is temporary but growth is genuine in Bitcoin.

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Re: Bitcoin dump unfortunate
« Reply #28 on: April 27, 2021, 03:41:14 AM »
Joe Biden is indeed very extreme to give a statement to cryptocurrency so that the price becomes a dump.
If I'm not reading wrong, Joe Biden emphasizes the tax for cryptocurrency to be 30%, maybe that's all about 5%.
This tax is really a very heavy burden because it is very large, around 30%, Bad!

Offline Azharul

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Re: Bitcoin dump unfortunate
« Reply #29 on: April 27, 2021, 04:30:28 AM »
We know that bitcoin is the best valuable digital crypto in cryptocurrency market. Because we know that it's price stay in high position than others coin.But now-a-days USA president joe Biden said that,The one who earns more will pay more tax.So I believed that unfortunately dump for bitcoin is the main reason to cryptocurrency market.But we believed that gradually it's price will increase day by day,and I also believe that it's popularity will increase.
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