While technically not stocks, 2017 has been the year of the coin, with many of
these cryptocurrencies seeing gains of hundreds and thousands of percentage points.
Not exact matches
You
see, although bitcoin and other
cryptocurrencies are commonly referred to as a form of digital currency, in the eyes of the IRS,
cryptocurrencies are capital assets, like stocks or commodities, and are therefore subject to capital
gains taxes.
Pantera Capital, a hedge fund that
gained attention for returning 25,000 percent over its lifetime through the end of last year,
saw the value of its
cryptocurrency fund cut nearly in half in March, according to an investor letter Tuesday.
Although the start of 2018 has
seen the overall market cap of
cryptocurrencies decline, many investors have high hopes for litecoin to pick up speed again and continue on from last year's impressive
gains.
To equivocate anticipating yourself in a position where you can't compensate the IRS, Losi has some candid advice: If you've
seen a vast boost in resources in a calendar year, from
cryptocurrency gains or the appreciation of other assets, set a apportionment of it aside in expectation of taxation payments.
Do you think
cryptocurrencies will
see more
gains?
As you can
see, we had our biggest
gains in the
Cryptocurrency arena.
Over the last year, we have
seen cryptocurrencies gain a lot of headlines, but the average person still has no idea of the impact
cryptocurrency can have on their daily life.»
If we are to
see Bitcoin or any
cryptocurrency gain serious traction these type of jumps, up or down, are kind of a smoking gun.
Cryptocurrency Tracker 15.5.18: Crypto markets show recovery Following several days of losses, positive momentum was
seen in crypto markets, as all top 10 cryptos registered
gains over the past 24 hours.
Cryptocurrency Tracker 15.5.18: Crypto markets show recovery Following several days of losses, positive momentum was
seen in crypto markets, as all top 10 cryptos registered
gains over the past 24 hou...
Cryptocurrency Tracker 10.5.18: Bitcoin Cash jumps 9 % The seesaw pattern
seen in recent days continued in the crypto market, as 9 of the top 10 cryptos registered
gains over the past 24 hours.
Cryptocurrency Tracker 17.5.18: Crypto markets show recovery Positive momentum was seen in the cryptocurrency market over the past 24 hours, as all top 10 cryptos reg
Cryptocurrency Tracker 17.5.18: Crypto markets show recovery Positive momentum was
seen in the
cryptocurrency market over the past 24 hours, as all top 10 cryptos reg
cryptocurrency market over the past 24 hours, as all top 10 cryptos registered
gains.
Cryptocurrency die - hards expecting the price to bounce back, even partially, will
see these tanking numbers as the perfect entry point for getting in low and maximizing
gains.
Among the top - five
cryptocurrencies, bitcoin cash has
seen the most significant
gains.
To
gain a better understanding on
cryptocurrency see this basic guide from The Wired or this one by Blockgeeks, as well as one by Coin Desk.
The
cryptocurrency market has
seen massive
gains this week with Bitcoin (up 15 % w - o - w) reaching all - time highs by breaking the $ 9000 price on Sunday.
The first quarter of 2017
saw dramatic price
gains for the top
cryptocurrencies, as the total market added nearly $ 7bn in value.
Among the most affected in today's decline were
cryptocurrencies that had
seen wild
gains in recent months, including ether, and XRP, the
cryptocurrencies that power the ethereum blockchain and Ripple Consensus Ledger, which were down 28 % and 25 %, respectively, over the last 24 hours.
At press time, bitcoin's recovery is also reflected across the wider
cryptocurrency markets, with digital assets across the board
seeing gains today after major losses through January and February.
«What we started to
see in 2017 was a diversification of
cryptocurrencies used on the dark web, like ethereum, which really
gained a lot of prominence and is increasingly used for dark web transactions,» said Sixgill's Condra.
«People are getting their heads on straight,» Ehrsam says, mentioning that Coinbase plans to consider adding additional tokens and
cryptocurrencies for trade in the future, after
seeing them
gain traction in other markets first.
Market Updates Most of the top crypto assets are
seeing gains today as many
cryptocurrencies suffered losses over the past week.
Do you think
cryptocurrencies will
see more
gains?
Cryptocurrencies like Bitcoin
saw massive
gains in value over the course of 2017 and the demographic interested in the digital currencies already skews young.
Among the top 10
cryptocurrencies by market cap, several have
seen notable rises in the past 24 hours, with ether (19 percent), bitcoin cash (14.3 percent) and IOTA (26.2 percent) reporting significant
gains.
Because the currency is still in its infancy as of November 2017, you might want to offer customers the option to pay with BTC or other altcoins alongside Bitcoin Gold, However, if the
cryptocurrency does
gain more acceptance, you might
see more people willing to pay you for services and products using BTG.
The earliest investors
saw a staggering 40,000 %
gain in Bitcoin prices since this
cryptocurrency first went into circulation in 2009.
What is now the - second largest
cryptocurrency by market cap didn't
see significant
gains until several months later.
With the massive
gains the
cryptocurrency space has been
seeing since November, many in the community have been joking that «Christmas came early this year.»
SEOUL (Reuters)-- South Korea said on Wednesday it may tax capital
gains from
cryptocurrency trading as global regulators worried about a bubble, with Australia's central bank chief warning of a «speculative mania» that has
seen the digital asset making rip - roaring
gains.
2018 should
see cryptocurrencies gaining significant utility.
Steem
cryptocurrency saw its market value spike on Wednesday, with
gains that far outpaced the competition as investors rallied behind the so - called media monetizing coin.
Over the last week or so, most of the
cryptocurrencies have been trading downward off of sustained uptrends that have
seen many of the
cryptocurrencies including Bitcoin, Litecoin, Ripple, and Ethereum make extraordinary
gains.
This week was certainly a roller coaster ride for the
cryptocurrency market after the incredible run up that was
seen in the last month where almost all major
cryptocurrencies gained more than 200 % on average.
The
cryptocurrency has
seen a sizable crash every quarter, which has been followed up by even greater
gains.
«The strong interest in bitcoin does boost investors» appetite for alternative
cryptocurrencies where superior
gains are also being
seen,» Pavel Matveev, co-founder of Wirex, a personal finance app that provides a
cryptocurrency wallet and debit card, told CNBC by email.
The
cryptocurrency has
seen some of its largest
gains alongside the top ten
cryptocurrencies in the last day.
As the
cryptocurrency market continues to
gain strength and recover from the slight dip we
saw at the end...
As the
cryptocurrency market continues to
gain strength and recover from the slight dip we
saw at the end of December, many of the major coins are giving way to an increased amount of interest in alternative, small market capitalization
cryptocurrencies.
The
cryptocurrency market is one fraught with pitfalls if you're not careful, but the investor with an eye for value and a sanguine investment strategy can
see huge
gains in one of the hottest markets of 2017.
A similar percentage of people also said they had never reported
cryptocurrency gains to the IRS, while almost 50 percent of those surveyed said they
saw how owning digital currencies influenced their tax assessments, the study revealed.
We could
see XRP prices deliver another round of triple - digit
gains in 2018, making it the clear
cryptocurrency to watch.
After months of tumultuous movement in its value, the most popular
cryptocurrency in the world has
seen massive
gains in its value, followed by periods of steep decline, and so on.
Digital asset markets are on the rise again this weekend as most
cryptocurrencies are
seeing gains between 0.60 to 15 percent.
Those
gains — as well as ones
seen with other
cryptocurrencies — have resulted in the overall market capitalization rising above $ 300 billion for the first time.
Overall most
cryptocurrency markets are
seeing gains today as the top ten most valued
cryptocurrencies are all in green.
Most of the top
cryptocurrencies are in the green right now
seeing 5 percent
gains or more.
According to Nikkei Asian Review, the new law which is awaiting official documentation into the Royal Gazette will
see cryptocurrency investors in the country, which is run by a military government, pay a 7 % Value Added Tax on
cryptocurrency trades plus another 15 % on capital
gains.
When Bitcoin
saw a large
gain at the end of 2017, many new investors were trying to get into the
cryptocurrency market.