Exactly...cnbc had a headline up stating it crossed $19000 on the coinbase exchange..... this is getting absurb
Bitcoin Price Thread
- Thread starter Magna
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Exactly...cnbc had a headline up stating it crossed $19000 on the coinbase exchange..... this is getting absurb
That's also why others are having problems selling on that exchange because of the premiums people are buying it for....do you really think the exchange is going to let you sell at 18500 when the actual cryptocurrency isn't even above $17000 on other exchanges....they are really making this a game
Coinbase just popped up saying "Bitcoin sales are temporarily disabled" lol
That's ridiculous.....
Shows you who's running the show.....all this new crazy technology and they still can't get it right ...any excuse to calm the selling but I believe this is just the beginning....with over 13 million accounts there that's a pretty unfair way to play.
iRS wants your Bitcoin profits....yes that decentralized...off the grid, no middle man fairly tale magical coin that you made some bucks on.... well now you owe uncle sam....
Basically, the tax agency views bitcoin and other cryptocurrencies as property and not currency for tax purposes. And although you may not receive a Form 1099 from whatever exchange you trade on, you remain responsible for paying taxes on gains.
https://www.cnbc.com/2017/12/07/while-youre-tallying-your-bitcoin-gains-dont-forget-the-taxman.html
Basically, the tax agency views bitcoin and other cryptocurrencies as property and not currency for tax purposes. And although you may not receive a Form 1099 from whatever exchange you trade on, you remain responsible for paying taxes on gains.
https://www.cnbc.com/2017/12/07/while-youre-tallying-your-bitcoin-gains-dont-forget-the-taxman.html
It's worth what others will pay for it. Currently thats about 15,000 usd. Hardly worthless.
Neke. I like your posts and you make some points here but when will that happen? In the meantime onwards and upwards.
BTW - if you look at the origins of BTC there is a reasonable chance it was crested by the NSA anyway. May have encryption backdoor to catch the big fish and / or prelude to central bank electronic currency to track you all.
http://www.zerohedge.com/news/2017-06-12/exposed-real-creator-bitcoin-likely-nsa-one-world-currency
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The world's largest bitcoin exchanges by trade volume are reporting significantly varying prices as the cryptocurrency's price soars to new all-time highs, market data shows.
In some cases, the differences amount to more than $2,000 in value, particularly among some of the most voluminous exchanges.
On Coinbase's GDAX exchange, for example, the price of bitcoin is trading above $18,259.00 as of press time. This value represents a significant premium over the price currently being reported on Bitfinex, where bitcoin is trading at $15,592.
In some cases, the differences amount to more than $2,000 in value, particularly among some of the most voluminous exchanges.
On Coinbase's GDAX exchange, for example, the price of bitcoin is trading above $18,259.00 as of press time. This value represents a significant premium over the price currently being reported on Bitfinex, where bitcoin is trading at $15,592.