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Long time lurker. With the massive downturn in price, I'm looking to move some ASICs and GPUs online. Got an offer in my email from ebay offering 50% off fees for selling GPUs above $500. Does anyone here have experience selling GPUs on ebay who could get some advice? Best practices to protect myself?
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Wouldn't the issue but, sure BTC to BTC is barter, but once you exchange BTC say for USD, that is essentially "income" and therefore taxable?
BTW: I'm not a tax lawyer, or any sort of lawyer. This is just me musing.
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Same with the OP here.
I've actually been really fascinated with BTCs for awhile. But after speaking to a couple of friends, I have a little bit of cash that I was planning on spending on something useless, so why not try this, and have some fun.
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$140+tax for a "Best Data" (Diamond) 5830. Worth it?
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I believe everyone is wondering the same thing.
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