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Bitcoin / Bitcoin Discussion / When Does Bitcoin Decouple From Gold?
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on: October 29, 2020, 01:35:47 PM
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I have a fair amount of gold bullion built up and have been seriously thinking of putting some of it into Bitcoin.
I am new to Bitcoin so don't have the fluctuation patterns down. From what I can tell it seems to tightly correlate with gold. Under what circumstances may bitcoin, ideally for me, go down while gold goes up? Any conjecture on this? Thanks.
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Economy / Exchanges / Best Rates
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on: October 29, 2020, 03:37:16 AM
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I know this will depend on where you are, but where do you get the best rate for buying and selling bitcoin?
I take it pure peer to peer would be the best.
In general, are places like localbitcoin better than the large exchanges like Coinbase?
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Bitcoin / Bitcoin Discussion / Tax Which Bitcoin
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on: October 29, 2020, 03:31:13 AM
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If you buy Bitcoin on two different dates, and one of the dates you have held for more than a year, for USA tax purposes you can spend the bitcoin you have held for over a year at the long term capital gains tax rate, is that right? Because it seems like it would matter which exact bitcoin you spent, but if it is all in the same wallet I am not sure how this works.
Thanks.
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