Turning Point

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It is believed that selling through crypto-swap exchanges will be subject to income tax in US jurisdictions. Many exchanges have a net income of more than $ 1 billion in 2017 and hold their working capital in the form of Bitcoin or Ethereum rather than USD. To enable these tax connections, they sell their BTC / ETH.

Concluding: "I expect Bitcoin to gain a foothold after the tax day, April 17."

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Turning Point | Ecency