Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MelMan2002
on 28/12/2017, 15:23:57 UTC
Quote from: txtravwill on December 28, 2017, 03:06:42 PM
Quote from: d_eddie on December 28, 2017, 03:00:52 PM
Quote from: bitserve on December 28, 2017, 02:58:40 PM
Quote from: d_eddie on December 28, 2017, 02:36:10 PM
Quote from: bitserve on December 28, 2017, 12:55:09 PM
Buying and selling dash is not a taxable event for you? How is that?
Maybe because it's paid with/sold for BTC and not fiat?

Maybe that's his point. Still look as a taxable event to me. Fiat has nothing to do with it.
Yes, it is by the new rules  Embarrassed

Yeah, if your a "coin trader" then will be a big deterrent now, could still manage and make money though off altcoin/BTC trading, etc.  

Do you think it will have more of reduction in altcoin trading and investment?  Seems like people may want to get into something larger more stable and sit versus potentially trade in something even more volatile than Bitcoin.  Thinking perhaps in early 2018 or here at very end of 2017 there may be some rush of funds back into BTC.

This is why all American "coin traders" should move to Puerto Rico ASAP - can't beat 0% taxes Smiley

http://www.portocapital.com/puerto-rico-act-22-tax-incentives-legislations-individual-investors-act/