Bitcoin is a decentralized digital currency first developed in 2009. Most Bitcoin-related questions should be asked at the Bitcoin Stack Exchange.

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Virtual currency investment

Let's suppose I have some ammount of money in virtual wallet like Paypal or Bitcoin. Are there ever any systems or institutions which would enable one to invest virtual currency, for example, loan at ...
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244 views

MintCoin App. Do we actually get money? Is it applicable outside US?

I came across this app MintCoin which claims to give you points equivalent to some US dollars for downloading apps or watching videos. I'm wondering if it actually works or just a way to fool people? ...
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What's the proper way to calculate ROI per year given the ROI for a period of time?

I'm trying to figure out what would be my yearly ROI if I know my ROI for a given period of time. On May 1st, I started invested 8.82 BTC in loans on BitLendingClub and now (August 6th) I have 9.33 ...
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1answer
78 views

Do I need to report to FInCEN if I had greater than $10,000 worth of bitcoin in a foreign bitcoin exchange?

I have heard that FinCEN requires people in the U.S. to report foreign financial accounts with greater than $10,000 in them. This is the FBAR if I'm not mistaken. Do I need to report to FInCEN if I ...
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3answers
372 views

Is Bitcoin a commodity or a currency [duplicate]

Bitcoin can be classified as a currency as it can be used as an medium of exchange or classified as an commodity given its speculative and volatile nature. What should we classify Bitcoin as ??
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2answers
181 views

Micro-Investing vs. cryptocurrencies vs. Forex trading

i am a student with a small monthly income. i wan to take about 20-10 % of it for a medium-risk investment , and i was wondering what would be the best option. my personal banker does not have an ...
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1answer
164 views

Do UK tax rules allow you to hold Bitcoin in a SIPP?

Do United Kingdom tax rules allow you to hold Bitcoin in a self-invested pension plan?
7
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1answer
155 views

Where to categorize crypto-currencies

In Germany, crypto-currencies like Bitcoin are all over the news lately, making me aware of the fact I don't know much about them. A journalistic TV program I was watching yesterday even claimed ...
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2answers
127 views

Taxation from variations in currency

Assuming: I am a UK tax payer I live in the UK Assume I sell a good online, for $100. One payment method I accept is Bitcoins. Bitcoins at the moment are extremely volatile, it wouldn't surprise ...
10
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643 views

When and how should I pay taxes on ForEx trades?

I am an Israeli citizen. I've bought BitCoin (let us agree for sake of discussion it is a currency) using US dollars. Let's also assume I never convert the bitcoins to any other currency (but instead ...