I think in some US states, if a person earns less than $600 a year, they aren't required to pay income taxes. This could be an extension of that where low sums of bitcoin exchanged for fiat would not be subject to taxation.

The bill being introduced by senators from arizona and colarado could imply arizonans could have a use for this which might correlate with arizona being a state ranked with a low average cost of living within the USA. Colorado having legalized marijuana could be a motive for this push as well with their end goal possibly being weed purchasable via bitcoin/crypto. The cannabis industry is becoming a big tax revenue earner for states which makes sense for them to expand options enabling purchase of it.

Still waiting for an update on senate bill 1241 which will have an effect on bitcoin & crypto if it is passed.

Hi, just wondering what you guys think the november split will do to the price of BTC Core? If it's going to rise I'm going to buy in again (already own 0.933 BTC) and if not then I'll sell before long once I'm breaking even (if it gets to that point) and buy back in at the dip. Also, do you guys think BTC Cash is a good long term investment? Seeing rises of around 25% in just 2 days, quite impressive.

So, the Cryptocurrency Tax Fairness Act was introduced in Congress today (September 7th, 2017). The proposed bill will make it much easier to use Bitcoin to pay for every day goods and services.

https://coincenter.org/entry/reps-polis-schweikert-introduce-cryptocurrency-tax-fairness-act-in-congress

"...the Cryptocurrency Tax Fairness Act would.... require the Treasury Department to issue guidelines for informational reporting on digital currency transactions for which capital gains is due..."

This is the first time a bill has been introduced in Congress to encourage cryptocurrency’s use and, if successful, would mark a huge stepping stone for the widespread adoption of Bitcoin in businesses all over the United States.

http://www.livetradingnews.com/china-begins-resetting-worlds-reserve-currency-system-53992.html#.WbD8GsiGPIV

Thoughts?

Would you think that coinbase wallet is more secure for stock for bitcoin?

And is there any possibility to lost my btc from coinbase wallet?

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ICO has always been a shady thing and in many jurisdictions it has always been illegal to do. China is now just catching up with the rest of the world.... like always....

you are reading up too much into a normal thing and making in big in your head.

Market have already shown reaction to this news, hope it will recover fast.
Yesterday crypto were dumped due to profit taker and now this bad news broke out
http://altcoin.media/2017/09/04/breaking-news-china-banning-companies-from-conducting-icos/

hi guys anyone here  who knows why all altcoins are down?

anyone expecting bitcoin to hit 4k again?

I have been asked to join a group that does specialized real estate and is expanding fast with profits and looking at an ICO, is this a waste of my time or might there be interest? Paying about 20-30% dividend. Any ideas would be appreciated. Thanks.

The Bitcoin Cash chain is only handling a trivial amount of transactions per day, which you can see from this chart comparing the two transaction volumes.

Typical Bitcoin Cash transaction volume is about 5,000 to 20,000 transactions per day (apart from a brief spike on August 16th).  Typical BTC transaction volume is about 190,000 to 320,000 transactions per day.  So Bitcoin Cash's transaction volume is entirely trivial in comparison and should not be used to talk about the BTC fees, especially when there doesn't seem to be any correlation between an increase in Bitcoin Cash transaction volume and a decrease in BTC fees.

Hurricane Harvey may solve the auto industry’s inventory problem. But right now, it's about to create a giant headache for the federal government. Based on the latest estimates from Irvine, California-based CoreLogic, insured flood losses for homes in the affected areas of Texas and Louisiana could total between $6.5 billion to $9.5 billion. Since private insurers typically don’t provide personal flood insurance, all but $500 million of that will fall to the Federal Emergency Management Agency’s National Flood Insurance Program, or NFIP. According to the Street, if insured damages reach the high end of this range, it would totally deplete the $7.5 billion of cash and available credit available to the 49-year-old government program, which provides about 98% of residential flood insurance.

I've heard before of cloud mining and by the time i want to invest/buy contracts in genesismining (seems to me genesis mining is the best cloud mining there is) it turned out nothing appears but ethereum and monero contracts, are they out of stocks? why is it happening? and what other cloud mining can you suggest?

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Over the past months/years there have being numerous statements and speculations on the digital currency “bitcoin” ,deciding its fate and on how a money that you cannot see or touch can be used for every day transaction, many countries have being calling the cryptocurrency a “Scam Coin” and that it is meaningless and pointless.

Continue Reading=> https://zycrypto.com/bitcoin-scam-bitcoin-future/