proto_2014
That is not correct. Bittrex has always had the intention to offer people actual fiat trading, but for that to happen they had to clean up their exchange and become compliant enough to do so. Abiding by government based…
- Need help with tax filing?Aug 23, 2025
I doubt that your country exempts you from taxation on Bitcoin. They might not specifically mention Bitcoin or crypto currencies by name, but that doesn't mean you are free to not report your gains and whatnot. I have…
It's very difficult to figure out what you actually try to explain. Firstly, it really depends on what country you're in to figure out what can be seen as a taxable event and what not, but generally speaking, it should…
I doubt any Russian bill (positive or negative) will have an effect on crypto at all. If the market cared about Russia it would have reacted before they started going back and forth to end up not doing anything at all.…
Gambling sites that don't have a license are illegal by law and therefore risk being shut down by regulating bodies where you as player will lose all your funds. This is why people prefer licensed (legal) gambling…
- Hodor the BTC! 1BTC = $100,000 in 7 years!Nov 12, 2022
I have been hodling my coins from the moment I started buying at sub $300 levels, and will definitely continue doing so ~ current levels are still peanuts for me. Why on earth would I get tempted to cash out any of my…
The most interesting aspect of these discussions is that we westerners think we know everything (because everything we read is true, duhh) while I never see anyone from India or China actually explain the situation. It…
I don't think it's a matter of them not wanting to understand Bitcoin, but more so that the way they use Bitcoin comes down to leaving it on exchanges and from there send out and receive Bitcoin. Based on that basic…
Money---fiat isn't backed by any asset either, it largely just exists in digital form. Cash accounts for 2-3% of the fiat in existence according to some articles I read throughout the years, and even that I think is too…
I don't think the right course of action is to see centralized exchanges set up decentralized exchanges, because it counters their main business and for that reason will end up being similar to BinanceDEX. People have…
- New FATF rules push for pro crypto adviceMar 12, 2019
That's a pretty scary forecast but nothing too surprising with how we have seen the banking system adopt similar measures before Bitcoin even existed, and they aren't done yet with how governments demand more of them…
- IRS Bitcoin Tax Notices for Previous YearsFeb 3, 2019
I by default assume that my personal information and trading history has been compromised by regulators. It just isn't worth it to avoid taxation. One way or another, they will catch you off guard and still make you…
It depends though. I don't think there is much wrong with people buying and selling cannabis for example. It's a plant that requires little to no chemical manipulation, which can't be said about those dealing coke or…
It looks like people don't learn because of how many newbies we have enter this space on a daily basis, newbies who have no clue about anything related to security and other risks associated with crypto. It translates…
In some cases it's not necessarily about getting your money back, but about justice. I would gladly cover the legal expenses to see hacker/thief be forced to pay a hefty fine or be sent to prison to rot for a while.…
- Are taxes applicable to Bitcoin earnings?Jun 29, 2017
Bitcoin isn't an escape from tax. Quite some people believe that the lack of regulations means they are exempt from paying tax, but thats just nonsense. Legally all income is taxable. It's however up to the people to…