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Questions tagged [bitcoin]

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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0answers
17 views

How to disable the new alert lines in the TradingView chart

Hate the new horizontal dashed red lines denoting the active alert in TradingView! They are way too obtrusive. Any way to disable them? Me I haven't found any.
7
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1answer
177 views

When a stock is replaced in an index, does the ETF incur a net loss?

Suppose I have invested in ETF VOO. This Vanguard ETF tracks the S&P 500. If a stock such as Goodyear (GT) that is contained in the S&P500 gets removed and replaced with another stock such ...
2
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2answers
153 views

Tax implication when receiving Bitcoin gift from foreign relative?

Does the recipient has to pay tax, or report receiving the Bitcoin? receiving: US, sending: China. Edit: receiving gift.
100
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10answers
30k views

How is Bitcoin useful as a currency if so few services accept it?

I've done research on bitcoin and I know what it is and how it works, kinda. I've even built a small block chain app. Here's the question, what I don't understand and I haven't been able to find ...
4
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1answer
1k views

Tax consequences of a gift returned to sender?

Transaction 1: On 2014-12-27, I sent a holiday gift of 0.1 BTC (which according to Coinbase was worth about 31.47 USD at the time) from my Coinbase account to an email address. Transaction 2: On 2015-...
78
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7answers
24k views

Is this work legal? Someone promises payment for converting money transfers to Bitcoin

An online company hired my friend as an account assistant. They told him they are a business consulting firm, and that they need an account assistant in every area. His job is the following: Some ...
0
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2answers
116 views

How do Bitcoin futures acutally affect the underlying spot market?

Lets say when the futures expire today on settlement date, does the seller of the future actually literally sell BTC on the open market so he can pay the cash to the Future buyer/holder? I was told ...
3
votes
1answer
214 views

What paperwork is needed when receiving salary through the cryptocurrencies?

Supposedly I got a short-term software engineering remote contract which was agreed to be paid by the cryptocurrencies or tokens on the task-basis (e.g. receiving a certain amount of EOS tokens for ...
3
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1answer
124 views

Yahoo Finance's cryptocurrency volume

What is the definition of "volume" in Yahoo Finance's data on BTC-USD and ETH-USD?
2
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0answers
203 views

How can we tell if Blockchain and Cryptocurrencies are Bubbles? And If they are, what can we do about it? [closed]

Lately I have been influenced by some sour sentiments regarding Blockchain and cryptocurrencies from individuals who believe that cryptocurrencies and their whole infrastructure is currently in a ...
6
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3answers
1k views

Is Bitcoin investing wise? [closed]

Is Bitcoin or any other crytocurrency a wise investment? I have invested a little Bitcoin and Bitcoin Cash. They go up then down and back up. Is another crypto currency better or is this too risky for ...
2
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1answer
2k views

Where can I find Bitcoin Misery Index?

There has been a lot written about Bitcoin Misery Index: The index is called the Bitcoin Misery Index (BMI) and was designed as a trading tool for investors to take advantage of volatility in BTC ...
79
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12answers
27k views

A friend asks me all the time to pick up money for her (Western Union, Moneygram)

A friend of mine trades Bitcoin and often asks me to pick up money for her, i.e., someone sends money to me (on my name) and I just pick it up and give it to my friend. The amounts are usually around $...
0
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1answer
46 views

Venturing into Investment Market [closed]

What are some of the noted and best books which cover the basics of Stock market, Forex, Bitcoin investment and other investment concepts and provide expertise and in-depth knowledge of the same? Also ...
1
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2answers
270 views

Which is the best way to invest a small amount in Bitcoin?

From the answers to this question Are there multiple Bitcoin markets? I understood there are multiple platforms to trade Bitcoin (Coinbase and Kraken were mentioned). Suppose I want to invest a ...
1
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2answers
254 views

Are there multiple Bitcoin markets?

I have the (possibly wrong) suspect that Bitcoin questions are not received too well here, so I kindly ask you to go easy on me :-) According to this question we should categorize Bitcoin as a ...
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0answers
69 views

OHLC anomalies on Yahoo Finance's data

While looking at BTC-USD data on Yahoo Finance, I was puzzled by the following: Date Open High Low Close* Adj Close** Volume Apr 06, 2017 1,129.87 1,201.55 ...
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0answers
58 views

MVIS CryptoCompare Digital Assets 10 Index - formula

How can I calculate this index? "MVIS CryptoCompare Digital Assets 10 Index" https://www.mvis-indices.com/indices/digital-assets/mvis-cryptocompare-digital-assets-10 I see components and weights, ...
-4
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1answer
88 views

Start a crypto currency exchange in India [closed]

Why are websites like Zebpay and Coinome allowed to sell and buy Bitcoin in India if crypto currency is not legal? What legal documentation do I need to start an exchange like theirs?
18
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4answers
9k views

Is it a good idea to store all my savings in cryptocurrency? [closed]

I am going to college in France in a year, and I have already saved money for that (I don't live in France — I am just going there for my studies). However, the country I live in — whose name I ...
1
vote
1answer
236 views

How do you pay taxes on mined crypto currency that doesn't have a true price yet? [duplicate]

Lets say I created a new coin and mined 1 trillion of them. It isn't on any exchange to get its true value. But someone on a forum pays me $100 for 100 coins. Now these coins value is at $1 and ...
-5
votes
1answer
108 views

What is the proper strategy for an investor to a fundamentally irrational environment?

In general terms, what's the proper response for an investor who owns an investment that is behaving fundamentally irrationally? I'm thinking of things that are widely regarded as bubbles (Bitcoins, ...
2
votes
1answer
262 views

GBTC stock went way down but no signs of huge decrease?

GBTC was at about 1400 when I purchased it, and now it's at about 15$. It never showed that it decreased or a huge decrease, and no history of it at being at 1400, ever. I'm so confused, I still have ...
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3answers
143 views

Calculate the number of coins for a trade with a fixed amount of total risk

I trade altcoins. Could someone tell me, how to calculate the total amount of coins for a trade with a fixed amount of risk (including fee). For example, my risk is $100 per trade I use this ...
3
votes
1answer
125 views

Is filling 1040NR sufficient for Crypto gains for an F-1 student?

On F-1 status since last 16 months. I have gains of less than $100 on Crypto. Transactions were made on Coinbase.com portal in the US. Other income sources include an Internship on my CPT. Is filing ...
2
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2answers
626 views

Paying tax when selling software with bitcoin

I am thinking about selling software subscriptions with Bitcoin. I am in the U.S but I am a non resident alien. My income will not be U.S based because I am selling to everyone around the world. Do I ...
3
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0answers
48 views

Are there minimum level of service requirement for stocks trading platforms in the USA?

I'm trying to determine the major differences between how a typical bitcoin trading platform operates and how a traditional stocks trading platform operates. Of biggest concern right now is some ...
1
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1answer
93 views

How to report cryptocurrency fork income involving exchanges?

For forks like BTC → BCH, the general consensus is that BCH is treated as income of the "found money" variety (as opposed to something akin to a stock split) and should be entered on Form 1040 Line 21....
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0answers
49 views

Arbitrage between India and USA [duplicate]

So, I am from India and I am not aware of the red flags mentioned in the process below. My friend who resides in USA purchases Bitcoin or any other crypto-currency and transfers me to my wallet in an ...
1
vote
2answers
530 views

US Tax on cryptocurrency (Bitcoin and other altcoin) investments for Non-resident Alien student

I'm an non-resident alien student (on F-1 Student Visa) in the US. Starting in 2017, I invested in Bitcoin and other cryptocurrencies last year in the US via Coinbase.com. I'm holding on to most of ...
2
votes
1answer
144 views

Sending Money Out of India

My friend has a situation that he'd like assistance with -- we've looked online for help, but we cannot find clarity. First let me 'set the scene'. Then I'll phrase the question concisely at the end. ...
1
vote
2answers
53 views

Create a candlestick chart from past transactions

I have been logging the buy/sell transactions for bitcoin on a specific exchange and I'd like to create a candlestick chart from it. Instinctively, I think I should decide on an time interval and ...
0
votes
1answer
46 views

Share price determination

Am new to trading, and just wanted to ask. Am I right in saying that if you have fewer sellers than buyers, or if no one wanted to sell their shares that then the price of said shares would rise? And ...
0
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2answers
41 views

In trading, what will be the ticker market price, ticker top buy and top sell value if order matches with multiple orders?

If a buy order matches with multiple sell orders say 50 orders in one go, then when will the ticker top buy / top sell / market price will change? a) After buy order matches with first sell order? or ...
2
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0answers
250 views

Tax rate of bitcoin trading for non-resident alien

I'm an international student holding F1 visa in the states. I find information on the IRS page which says non-resident aliens are subject to 30 percent flat rate for capital gains. Does this rate ...
4
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2answers
411 views

Why do Ethereum and Bitcoin have very similar charts?

I have noticed today that Bitcoin (BTC) and Ethereum (ETH) charts look almost the same. Why are they so correlated?
0
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1answer
76 views

L1 Visa US to India (and vice versa) transaction tax implications for Wire transfer and Cryptocurrencies?

My brother is moving to the United States with an L1 visa. What would be the tax implications for me and for my brother in the following scenario 1- I send $3000 as outward remittance to his account ...
2
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0answers
142 views

Should non-citizens pay gift tax for sending bitcoin to non-citizen living abroad?

I am non-us citizen (an international student) but resident alien for tax purposes. If I send my bitcoins to my family living abroad, should I pay the gift tax? I read articles but they say 'us ...
1
vote
1answer
260 views

When is trading between two crypto-currencies pairs favorable when you're interested in overall fiat gains? [closed]

I've been curious about all the crypto trading but there's this one question i've been trying to answer and convince myself one way or the other, and it is something that those who do FOREX trading ...
0
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0answers
1k views

Can Someone Explain Bitmex Fees?

https://www.bitmex.com/app/fees Under Swap product column Ticker - Bitcoin its says Maker Fee -0.0250% Taker Fee 0.0750% Exclude Long/short Funding for a while So what's the real % fees here? (...
7
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3answers
910 views

The proper term for a third party economy [closed]

A friend of mine asked me whether something odd was going on, including the following picture: Basically, the companies listed (Bitcoin, Uber, Facebook, Alibaba and Airbnb) sell a service in a market ...
3
votes
0answers
226 views

Why are South Korean and Japanese banks adopting Ripple Coin and not Bitcoin? [closed]

The recent rise in Ripple has caught my attention. I've read the Wikipedia article about Ripple but I still have questions about it. The thing I find most surprising is that Japanese banks and Korean ...
2
votes
1answer
206 views

Tax impact of receiving a bank transfer and making a purchase for a friend?

I have a permanent residency in Australia, and I have a bank account there. A friend asked me if he can transfer money to my account and then I send it to a bitcoin exchange that he wants to work with....
2
votes
1answer
279 views

How can I start trading in cryptocurrency when none of the trading sites support the banks in my country?

I live in Jordan, and-unfortunately-none of the trading sites support banks in my country. So I can neither use CC, nor direct money transfer. Do you happen to know a workaround for my situation?
2
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3answers
418 views

Several questions on Bitcoin futures

I have been reading news on crypto-currencies. As a developer, I understand well how Bitcoin works. I also have a basic understanding of finance in general and stocks in particular. I understand how ...
2
votes
1answer
363 views

How to account for digital currencies in a double ledger book

I put my personal finance records in GnuCash and I would like to understand how to best account for digital currency transactions. My book is for tracking EUR transactions. Scenario 1: I hold 1 BTC ...
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2answers
403 views

How can I speculatively invest $1000 in (micro)bitcoin? [closed]

How can I invest $1000 it micro-bit-coins, or whatever they are called?
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1answer
392 views

Alt coin taxes - bitcointax calculated an outrageous number!

I invested 18K USD in alt coins mostly using my USD to buy bitcoin since the beginning of the year. I managed to take out my capital of 18K. And my current holdings were at 17K USD worth of BTC 3 ...
4
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0answers
370 views

How do I short bitcoins? [closed]

Canadian investor looking to short this bitcoin surge. Are there any methods one might use (perhaps with options trading) to short bitcoins (either in Canada or US)? I'm not asking for specific ...
76
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6answers
13k views

Why has bitcoin gained so much in the past year?

Over the past year, the value of bitcoin has gone from 1030.82 USD on 3 Jan 2017 to 10755.89 USD today. That's a price increase of 1000%. I'm only an amateur investor, but in my mind that increase is ...