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More / Bitcoin Reddit - 2 years ago

Bitcoin as Foreign Currency for Tax Purposes

Tax season is upon us, and official as of September 2021, Bitcoin is technically a foreign currency (thanks to El Salvador). I spent some Bitcoin last year, and I want to know if I can claim any tax benefits by labeling my bitcoin transactions as one...

by COINS NEWS - 2 years ago

Investing $2 into 500 altcoins

Alright, so this is going to sound dumb, and probably is dumb, but I thought I'd ask anyway. Say I've got $1000 to blow and I'm already investing in the bigger coins, why not take a chance and put $2 into 500 random altcoins that no ones...

More / Etherum Reddit - 2 years ago

Used Coinbase Address and funds dissapeared.

Hey guys, today I attempted my first Nanopool payment into Coinbase. Their help desk only referred me to email them directly. So here's to hoping Reddit can help somehow. I used Coinbase's "Send/Receive" option and chose to "Re...

by COINS NEWS - 2 years ago

Today, 13 years ago, the first Bitcoin block was mined

It is the Genesis block and it is at that moment exactly when the Bitcoin network begins to work. Today, January 3, 2022, it is exactly thirteen years from that moment and, although this fact still goes unnoticed by many, a greater number of people a...