Keeping Your Bitcoin and other Cryptocurrency Taxes Current


Most people are finally asking questions about virtual currency tax liabilities because of the profits made from the recent swelling of Bitcoin and Ethereuem market caps. The Federal Government knows that these markets are stabilizing at these historic highs, giving early investors ample opportunity to convert those extremely high returns to U.S. Dollars. As Fortune reported, Through an Investigation and federal summons and ugly lawsuits with the exchange Coinbase, the IRS found out that less 1,000 people were actually following through on their crypto-tax responsibilities.

Advertisements

Ether Euphoria fades as I am Cutoff by Coinbase! Drats!


What could be worse than your current speculative cryptocurrency investment suddenly seeing the micro-bubble pop out from underneath it? How about your wallet and exchange suddenly changing policies and forcing you to update your bank and identification information through a live webcam. That is apparently what has just happened to be as  Ethereum has fallen from the massive…

Is It The Right Time To Invest In Bitcoin?


Q:  Is it the right time to invest in Bitcoin?  A: 1.4 billion invested in 2016. Thinks investment will slow down this year. Will be worth millions each or nothing. But thinks it is here to stay. Commentary: Is buying anything at its peak ever the right time to buy? This is the test of…

Bitcoin Price Gets Ready to Factor In Winklevoss ETF Approval


Speculation is growing about the consequences for Bitcoin if the Winklevoss twins’ Bitcoin ETF gets regulatory approval in March. After almost four years of waiting, the US Securities and Exchange Commission is nearing its “yes” or “no” deadline of March 11 – and the consequences of a positive decision could be huge. According to the…

Bitcoin $1000 – Third Time Is A Charm


If you have been following cryptocurrency this month then no doubt you have been keeping a close eye on the price of Bitcoin($BTC). For a third time, the electronic currency has a market price of over $1000.   Bitcoin's going over $1000 tonight. — Erik Voorhees (@ErikVoorhees) February 2, 2017 Some had guessed that this…

Beware of Crypto-MLMs and High Return Investments on Social Media


via Beware of Crypto-MLMs and High Return Investments on Social Media – Bitcoin News Unfortunately, the world of cryptocurrency has seen a bunch of people running scammy ‘investments’ preying on people’s lack of knowledge. Over the past couple of years, shady organizations such as Onecoin, MMM Global and others have brought a slew of shady…