Thread: Bitcoin Price
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Old 03-30-2014, 12:36 PM  
mineistaken
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Quote:
Originally Posted by kane View Post
The other day I read that the IRS is going to treat Bitcoins as property not currency for tax purposes. I don't know if that will or did have any affect on it, but it seems like there has been nothing but bad stories in the news recently.

It may still go back up, but I wouldn't be shocked to hear that bitcoins best days are behind it. Perhaps another cryptocurrency will take its place and be the one that breaks through in a big way.

The saying pioneers get slaughtered and settlers prosper is around for a reason.
Isn't the main point of bitcoin to be anonymous? Why would someone report that they have BTC to tax man?
Not talking about tracable income from trading/exchanging into dollars.
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