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Title: If people strike big with Bitcoin? Post by: inoob on February 25, 2014, 05:30:43 AM If people are waiting for their Bitcoins to reach $2,000-$100,000 before they sell, won't they be considered a money exchange at such high profits, and liable to certain regulations?
Title: Re: If people strike big with Bitcoin? Post by: DeathAndTaxes on February 25, 2014, 05:34:46 AM No.
Title: Re: If people strike big with Bitcoin? Post by: keithers on February 25, 2014, 05:49:31 AM Only a gnarly capital gains tax liability
Title: Re: If people strike big with Bitcoin? Post by: Tonka Branded Truck on February 25, 2014, 05:51:03 AM No problem for me I'm not in the US.
Title: Re: If people strike big with Bitcoin? Post by: 5thStreetResearch on February 25, 2014, 05:51:57 AM that would be like you bought a share of Berkshire Hathaway 20 years ago and now need to register as a bank to sell it. NO dude.
Title: Re: If people strike big with Bitcoin? Post by: inoob on February 25, 2014, 05:57:03 AM Thank you guys for your responses. Even if they come with sarcasm. :) I'm just doing my research as a noob before I buy in.
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