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Agree - the normal IRS policy for something goofy like would be that you still have to track it and justify your system (so they know it's not...
My assumption would be that the proper way to track a crpyto trade is using the USD equivalent. For example, you buy 1 BTC for $1000. A few...
Except lots of them aren't in the US and don't really care about that stuff. Their whole thing is to be unregulated and not answer to governments....
Stock is property. What they are saying is that it's an asset, not currency. Same as stocks, bonds, art, housing, etc. Yes - but similar to...
I agree from a practical perspective. But from the IRS's perspective, I would think they would say "not my problem. you should have thought about...
That's not how taxes work on anything though. You buy $2000 worth of BTC, it becomes worth $4000, and in your version, if you sell $2000, you owe...
This article popped up on CNBC today - it's a timely example of how this works from the perspective of merchants:...
I'd be curious how they handle inter-coin transactions. For example, let's say you buy BTC. And then do a BTC-ETH trade and end up with Ethereum....
Just a heads up: https://www.cnbc.com/2017/11/30/bitcoin-investors-beware-the-irs-wants-its-cut-and-you-may-not-know-it.html
Why is it we don't seem to see guys like Brandy Perryman in college basketball? Seems like having a guy that can shoot from 30+ ft would be a...
Interesting! I ran into issues with Coinbase a long time ago, so I haven't used them any time recently, but I don't remember that option - it was...
Coinbase isn't really an exchange, so they don't hold your money (at least, last I looked). So if you say you want to buy on there, it then...
Yeah - I have accounts on several of the major exchanges and off-and-on own different currencies. I am agnostic on the future value of bitcoin...
I don't know if this fits though. The new users on Coinbase couldn't access their accounts, so they wouldn't have been selling. And there was...
What is the thought process here? Coinbase is inaccessible. Do I suddenly decide my Bitcoin is worth 10% less than it was before it went down...
Seems like it would be pretty straightforward this year: Miami/Clemson winner is a no-brainer. Both have wins against a top-tier team (Auburn,...
Still can't name an example of the agency overreach?
Paul Ryan on Twitter: [MEDIA] Tax bill will create 1 MILLION new jobs! ... at a cost of $1.5 trillion over 10 years, or just a small cost of...
