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88 - Market Melt Down
Manage episode 416424861 series 3429919
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The Bois addressed the elephant in the room, BTC crashed!! Bitcoin this week has hit the deepest retrace of about 23%. We recap some of the things going on in the market from the Hong Kong ETF performing below expectation, while William had a different opinion on that. We discuss some new Taxation laws that the IRS is putting into effect like Form 1099 - DA. Of course, we had to talk about Alex's favorite topic: taxation with a possible 44% capital gains tax and a 25% unrealized gains tax for the one-percenters. We also talked about some of the moves that the market was making since the whole market was bleeding. As of today, we are seeing a nice bounce. Definitely tune in next week to see how everything is developing. **************************************************************************** New episodes are posted every Week!!!
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