Bitcoin may be thought of as an alternative currency – but just don't say that to the IRS.

The US Internal Revenue Service says that Bitcoin is property, not currency. That means profits in Bitcoin get taxed at the lower capital gains rate rather than income rate. But, it also means that losses in Bitcoin are also at the capital gains tax rate. That helped Bitcoin's value to drop 20% in just the past week.

(Read: IRS says bitcoin will be taxed like property)

CNBC contributor Gina Sanchez, founder of Chantico Global, this is yet another bad headline in a long stream of bad news.

"It's a terrible thing," says Sanchez of Bitcoin's IRS categorization. "This is already a really negative story, in my opinion. What this says is every time you make a transaction, you basically have to keep track of your capital gains – every transaction."

In general, Sanchez sees no reason for investors to trade their dollars for Bitcoin. "Bitcoin as a currency doesn’t make any sense," she says. "You basically have a whole bunch of cyber geeks trying to tout themselves as a monetary authority. That's just not going to fly."

Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson, was once fairly bullish on the future of Bitcoin. But, after a few scandals – from the MtGox collaps to the arrest of BitInstant founder Charlie Shrem – and a huge drop in value, Ross is now very bearish.

"It hasn't completely collapsed – yet," says Ross. "This has transitioned from a trade into a scandal, which is like a duck transitioning to a l'orange; it's not a good thing."

(Watch: Andreessen skewers Buffett for doubting bitcoin)

Ross sees Bitcoin trading in a descending triangle with a base at the $500 level. Given that its peak was around $1,100, the triangle would project a downside of equal magnitude in the opposite direction. In this case, that would be negative $100.

"Now, that doesn't really make sense," says Ross. "But, given the recent history – given the MtGox scandal – I could see this thing at negative. It could actually cost you money to own this thing at the end of the day. It could just disappear that quickly."

"I don't know what good could really come of it at this point."

To see the full discussion on Bitcoin with Sanchez on the fundamentals and Ross on the technicals, watch the video above.

脑钱包是什么真的还不懂

不能兑换法币 国内又禁止成为支付手段 那比特币还有什么意思

很多水贴 没有技术贴

余额宝都可以掐死了 还有什么不可以

哈哈 到时再次下跌 然后差不多可以回5000

据说个人账户也会差的很严
况且个人账户流量一大 就肯定会引起注意 受到监控的

+1

Bitcoin is a good present to children.

传言的银行销户会导致没法提现吗？ 那些平台4月15后还可以提现？
最近的传言被证实了没有？

没有100%准备金 遭用户挤兑 冒险开充值通道应付流动性

追涨了？

可以给你的密码和钱包买保险

lakebtc是真的想抓住415这个契机了

不可能的
能超越金本位就很给面子了
万元美金更是一个巨大的挑战

这价格是最高点的1/3了 要伤多少人的心 让他们不会再回来了

那些人去哪了？
估计套利了不再回来了

老端也算是比特币的老人之一了
看来是被伤过的啊

我也是 不然就是一些水号
好像有一段时间还是不错的 不过自从125过后活跃用户数量实际上是减少的

应该是现在比特币网络健全和强大了
不过依然要看你给的矿工费是多少