And also if government starts involving, then there will payment of taxes, lots of regulations and so on..but no doubt , crypto idea is good but overvalued..Bitcoin cannot be 10000$ or 20000$ whatsoever and it is a not a feasible option for exchange at such high price...may be all cryptos come down in future with people getting awared and government intervention
Yes! But we cannot really say anything as of now. I have seen yesterday that US government has started a regulatory body to check genuinity of the ICOs because most of the companies are starting icos and cheating people and they don't want list their companies on stock exchanges because it requires a lot of paper work. This news from Google, Facebook and formation of regulatory bodies result in panicking situation and market will be on pressure..
And also if government starts involving, then there will payment of taxes, lots of regulations and so on..but no doubt , crypto idea is good but overvalued..Bitcoin cannot be 10000$ or 20000$ whatsoever and it is a not a feasible option for exchange at such high price...may be all cryptos come down in future with people getting awared and government intervention
Miners have been taxed and the irs has been taxing crypto like stocks since 2014 its just very few include crypto earnings.
Yes...and again this irs is difficult to understand and don't know how effective it is.
Yes! But we cannot really say anything as of now. I have seen yesterday that US government has started a regulatory body to check genuinity of the ICOs because most of the companies are starting icos and cheating people and they don't want list their companies on stock exchanges because it requires a lot of paper work. This news from Google, Facebook and formation of regulatory bodies result in panicking situation and market will be on pressure..