As an asset its very clear - when it increases above what you paid for it, you are supposed to pay taxes on that.
Horseshit.
Topic: Is the MTGox - Coinlab deal in trouble? Yes. It is in litigation! - page 4. (Read 6612 times)
March 18, 2013, 10:21:15 AM
Horseshit.
March 18, 2013, 10:20:16 AM
Too bad I lost all my bitcoins on a unfortunate internet super highway accident.
how it may be possible? 
March 18, 2013, 10:20:01 AM
Someone mind explaining to me why you have to claim them on your taxes?
I thought legally Bitcoin was in a grey area at the moment.
I thought legally Bitcoin was in a grey area at the moment.
It is legally grey as a currency. As an asset its very clear - when it increases above what you paid for it, you are supposed to pay taxes on that.
Ahh, gotcha.
Thanks!
March 18, 2013, 10:07:51 AM
.
March 18, 2013, 10:03:48 AM
Someone mind explaining to me why you have to claim them on your taxes?
I thought legally Bitcoin was in a grey area at the moment.
I thought legally Bitcoin was in a grey area at the moment.
It is legally grey as a currency. As an asset its very clear - when it increases above what you paid for it, you are supposed to pay taxes on that.
March 18, 2013, 09:57:23 AM
As long as I can use coinbase, I have little need for coinlab.
March 18, 2013, 09:54:17 AM
Someone mind explaining to me why you have to claim them on your taxes?
I thought legally Bitcoin was in a grey area at the moment.
I thought legally Bitcoin was in a grey area at the moment.
March 18, 2013, 09:48:28 AM
I, for one, welcome our new central Bitcoin banking overlords.
I'm torn - on the one hand I am freaking out about the impact this will have on the price and on the other hand I am not excited about 1099s/ disclosure.
March 18, 2013, 12:17:25 AM
I, for one, welcome our new central Bitcoin banking overlords.
March 18, 2013, 12:12:26 AM
Since many feel that this deal can have an impact on the BTC / USD exchange rate I am posting a link to my post here in speculation. https://bitcointalksearch.org/topic/m.1636501
Any thoughts on the impact on the price if this deal were to get delayed or to collapse?
Edit: It is not just in trouble. It is in litigation! https://bitcointalksearch.org/topic/coinlab-suing-mtgox-for-75-milliion-193922
Any thoughts on the impact on the price if this deal were to get delayed or to collapse?
Edit: It is not just in trouble. It is in litigation! https://bitcointalksearch.org/topic/coinlab-suing-mtgox-for-75-milliion-193922
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