Post
Topic
Board Bitcoin Discussion
Re: Reason Behind Bitcoin’s Price Crash Revealed
by
yetiripper
on 15/08/2018, 16:05:17 UTC
Early investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017.

Read more here: https://smartereum.com/5636/the-real-reason-behind-bitcoins-price-crash-revealed-tue-aug-7/

Qoute from that link,way back 2014 IRS made an announcement that crypto's are defined as a property and not a currency.
So as such they are entitle to pay thier taxes as property owners.
To be honest it is logical reason but it is more interesting for me to know the reason why and how bitcoin will be recovered and mostly I want to know when it would be taking place.