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Topic: Taxes for crypto - page 2. (Read 401 times)

newbie
Activity: 103
Merit: 0
April 15, 2018, 05:35:28 AM
#33
The taxes of many governments do not like this currency. can not be under control, taxation can not be done.
legendary
Activity: 1582
Merit: 1059
April 15, 2018, 05:33:12 AM
#32
Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins

I think tax day in the US for 2018 will only occur on the 17th May, so we have to wait to more days to see if it will have an impact on crypto or not. People are saying that those that will have to pay taxes form crypto, will probably sell the coins they have in order to get funds to pay their taxes from there. No idea if this will happen or not, and right now what we saw was a bump in the markets and not a dump.
full member
Activity: 430
Merit: 100
April 15, 2018, 05:12:35 AM
#31
The application of taxation of operations in the crypto currency is, on the one hand, a deterioration, since it reduces the income of market participants. On the other hand, this is a positive moment, because the government recognizes officially the crypto currency
I believe this is a good news for the market. It is equivalent to acknowledging the confirmation of virtual currency as an asset.
sr. member
Activity: 616
Merit: 321
April 15, 2018, 05:02:09 AM
#30
The application of taxation of operations in the crypto currency is, on the one hand, a deterioration, since it reduces the income of market participants. On the other hand, this is a positive moment, because the government recognizes officially the crypto currency
newbie
Activity: 61
Merit: 0
April 15, 2018, 04:44:27 AM
#29
Then there will be taxes and that is of course the case. But it will also appear more but the new trading district because it is a market. Then there will be more controversy because of this new market and that is something we can not avoid.
full member
Activity: 532
Merit: 100
April 15, 2018, 04:34:01 AM
#28
cryptocurrency is going mainstream and government can earn money through taxes by exchange sites. it is good compared to banning cryptocurrency in their country. we cannot deny that many illegal activities are transacted through cryptocurrencies in exchange sites that don't have kyc. nothing to be afraid if you don't do illegal activities. government backing up cryptocurrency is a good thing and may attract more investor. the problem would be the corrupt people in the government.
full member
Activity: 1260
Merit: 100
April 15, 2018, 04:22:56 AM
#27
What do you expect after taxes being provided for cryptocurrency exchanges by USA?

That is not good, and won't do any good for the coin holders.
The government just want to own a large amount crypto from tax collected, to manipulate market.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
April 15, 2018, 01:35:13 AM
#26
A proper tax would be desirable, since it would mean recognising that the cryptocurrency market is legal.
Then the market will be legalized and will attract more and more people.
sr. member
Activity: 518
Merit: 250
April 15, 2018, 01:33:00 AM
#25
Fuck paying taxes on Crypto! My local IRS is after me, they cant prove shit, but they are trying scare tactics. Using the right exchanges and hiding behind Tor/VPN should save you ALOT of money. Using out of country bank accounts are also good.

I hate the government, i dont want them to earn shit from my knowledge.
full member
Activity: 280
Merit: 170
April 15, 2018, 01:32:05 AM
#24
Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins
If you believe that it is caused by taxes, then why should a decrease in value take place tomorrow?
full member
Activity: 327
Merit: 101
April 15, 2018, 01:29:52 AM
#23
Today is 15th of April. So tomorrow we will see some changes after taxes being provided. I hope it will not decrease the price of Bitcoin and altcoins
newbie
Activity: 238
Merit: 0
April 14, 2018, 10:34:50 AM
#22
taxes in bitcoin - it's weird, the very point of crypto currency is fading. like trying to make it as similar to a regular crypto-money. this is not very profitable for investors.. although, you may want to know more about the terms on which taxes will appear.
full member
Activity: 327
Merit: 101
April 14, 2018, 10:23:04 AM
#21
I dont know about the USA but there are crypto taxes in my country but as far as I know you can avoid them.
Fisrsly I also thought so. But after demanding KYC nearly  in all ICOs I am not sure that there will be the opportunity to avoid taxes
sr. member
Activity: 547
Merit: 250
April 12, 2018, 03:29:23 PM
#20
I dont know about the USA but there are crypto taxes in my country but as far as I know you can avoid them.
full member
Activity: 420
Merit: 119
April 12, 2018, 03:29:14 PM
#19
The taxes of many governments do not like this currency. can not be under control, taxation can not be done. For this reason, governments are preparing for this. I think he's in trouble with facebook. ads are being squeezed to reduce recognition.  Cool

Well, I think they can still implement the tax, I think in every withdrawal of the person, even if they are anonymous, they can put a tax on it because the exchange will be the one who will collect them and consolidate them all.
full member
Activity: 327
Merit: 101
April 12, 2018, 03:25:14 PM
#18
What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Well I see that taxes being provided for CryptoCurrency was great because it means the government are agree in the CryptoCurrency and they low possibility to ban the crypto.
I hope that if it will be happen the government give an support for CryptoCurrency and gave an protection.
Do not you think that such kind of taxation will stabilize the price? So we will get digital currency with stable price that will not double twice during the night and make us rich
jr. member
Activity: 112
Merit: 2
April 12, 2018, 07:47:35 AM
#17
What do you expect after taxes being provided for cryptocurrency exchanges by USA?

It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.

At least we can expect some sort of protection, when exchanges cannot just run away with our money
I agreed with you. Making tax to crypto means they are open about it. Also, it was an extra fund for our government to make things better for us (community). Well, the tax now here in Philippines is not corrupted anymore because of the new administration which they use our tax for make government facilities better.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
April 12, 2018, 07:09:11 AM
#16
What do you expect after taxes being provided for cryptocurrency exchanges by USA?
The majority of exchange sites are taking a big risk by involved US citizens to trade. Some people said US will try to charge a lot of tax from cryptocurrency exchange sites. If that was true and US should legalize crypto to be a part of the legal stock in my opinion. But just waiting for the future announcement regarding it and how that will become.
member
Activity: 114
Merit: 12
April 12, 2018, 07:02:41 AM
#15
What do you expect after taxes being provided for cryptocurrency exchanges by USA?
I expect cryptocurrency will be more popular and the adoption for cryptocurrency will increase. Known cryptocurrency like Bitcoin, Ehereum and other top altcoins will increase its value because many will rush to buy and hold.
member
Activity: 162
Merit: 10
April 12, 2018, 06:57:17 AM
#14
What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Well I see that taxes being provided for CryptoCurrency was great because it means the government are agree in the CryptoCurrency and they low possibility to ban the crypto.
I hope that if it will be happen the government give an support for CryptoCurrency and gave an protection.
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