Post
Topic
Board Bitcoin Discussion
Re: Reason Behind Bitcoin’s Price Crash Revealed
by
charlotte04
on 29/09/2018, 13:34:23 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.

It is really obvious that Bitcoin will have a correction like this. And I think that someday it will return or get even higher than the all time high. This will be an opportunity to buy now.