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Category Archives: Bitcoin

EB45 State of Bitcoin Q3 2014: Price, Payment Infrastructure, Adoption, Investment, Regulation – Video

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EB45 State of Bitcoin Q3 2014: Price, Payment Infrastructure, Adoption, Investment, Regulation
StateOfBitcoin live #hangout Join the original +Epicenter Bitcoin crew as +Brian F Crain and +Sebastien Couture discus the latest _State of Bitcoin report_ released by +CoinDesk on...

By: Epicenter Bitcoin

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EB45 State of Bitcoin Q3 2014: Price, Payment Infrastructure, Adoption, Investment, Regulation - Video

Bill Gates Likes Bitcoin For Its Cheap Transactions, But Not Its Pseudonymity – Video

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Bill Gates Likes Bitcoin For Its Cheap Transactions, But Not Its Pseudonymity
Visit us at http://coinbrief.net/ and follow us on social media! Twitter: https://twitter.com/CoinBrief Facebook: https://www.facebook.com/coinbrief Sean Wince: https://twitter.com/CryptoSean...

By: Coin Brief

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Bill Gates Likes Bitcoin For Its Cheap Transactions, But Not Its Pseudonymity - Video

Tutorial – Building Bitcoin Websites – How to Get The Price 2 of 2 – Video

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Tutorial - Building Bitcoin Websites - How to Get The Price 2 of 2
How to add the current bitcoin price to your website. Part 2 goes over restricting output to 2 decimal places, inserting into HTML and using CSS to make it look nicer. Donations accepted:...

By: m1xolyd1an

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Tutorial - Building Bitcoin Websites - How to Get The Price 2 of 2 - Video

Dairy Queen Hacked — Those who study Bitcoin believe in it — Bitcoin Documentary Released! – Video

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Dairy Queen Hacked -- Those who study Bitcoin believe in it -- Bitcoin Documentary Released!
Sponsored by http://RBBI.co -- a trusted name in precious metals Donate: https://blockchain.info/address/1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Subscribe: http://patreon.com/madbitcoins ...

By: MadBitcoins

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Dairy Queen Hacked -- Those who study Bitcoin believe in it -- Bitcoin Documentary Released! - Video

Bitcoin taxes, now unavoidable

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If you dont know anything about the Bitcoin market, know this: you can use the digital currency as a form of payment on sites like Overstock.com, Amazon, and even Victorias Secret.

Bitcoin demand is very real. In fact, the digital currency is so popular that the Internal Revenue Service decided to get involved.

In March, the IRS made its first major ruling on digital currencies, including Bitcoin. The agency ruled that digital currencies are not actual currency but rather a form of property and, as such, are susceptible to capital gains tax. Naturally, this decision was met with feelings of anger and curiosity. But for the average Bitcoin enthusiast one important and very practical question surfaced: How on earth am I going to pay my taxes?

I had a chance to speak with Jake Benson the founder and CEO of LibraTax an online accounting software company that helps individuals prepare their Bitcoin taxes.

Who is using Bitcoin?

Benson:More and more people believe in digital currencies as a technology and Bitcoins as a representation of that technology.Very large and reputable companies such as PayPal are now enabling Bitcoin as a payment rail for digital goods.Granted, some users are still crypto-anarchists, libertarians, and criminals, but overall, the digital currency market is evolving quickly and becoming much more mainstream.

Last year the IRS ruled that Bitcoins are considered property and not currency. How will this impact the Bitcoin market and taxpayers in general?

Benson:The immediate knee-jerk reaction was a disaster. How on earth are people going to keep track of all their trading activity? Bitcoins are now considered a form of property so you need to apply capital gains tax to every single transaction you make, no matter the size. Whether you are using Bitcoins to buy a cup of coffee or buy a house, you still need to log that transaction. Its seemingly impossible to keep these records manually, and there can be a lot of math involved in calculating the right tax.

LibraTax automates this process and makes accounting easy for the Bitcoin user.

What is LibraTax all about?

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Bitcoin taxes, now unavoidable

Venezuela turns to Bitcoin — Bitcoin better than Gold — BTCFoundation Negotiates with Terrorists – Video

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Venezuela turns to Bitcoin -- Bitcoin better than Gold -- BTCFoundation Negotiates with Terrorists
Donate: https://blockchain.info/address/1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Subscribe: http://patreon.com/madbitcoins Sponsor: http://MadBitcoins.com October 8th, 2014 -- Bangalore, India --...

By: MadBitcoins

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Venezuela turns to Bitcoin -- Bitcoin better than Gold -- BTCFoundation Negotiates with Terrorists - Video

Rise and Rise of Bitcoin should take control of the Bittorrent distribution – Video

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Rise and Rise of Bitcoin should take control of the Bittorrent distribution
Here #39;s a short tutorial on how the Rise and Rise filmmakers can take control of the BitTorrent distribution of their film while using the crypto currency the film is about! They are already...

By: Angel Leon

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Rise and Rise of Bitcoin should take control of the Bittorrent distribution - Video

Bitcoin and Taxes, Now Unavoidable

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If you dont know anything about the Bitcoin market, know this: you can use the digital currency as a form of payment on sites like Overstock.com, Amazon, and even Victorias Secret.

Bitcoin demand is very real. In fact, the digital currency is so popular that the Internal Revenue Service decided to get involved.

In March, the IRS made its first major ruling on digital currencies, including Bitcoin. The agency ruled that digital currencies are not actual currency but rather a form of property and, as such, are susceptible to capital gains tax. Naturally, this decision was met with feelings of anger and curiosity. But for the average Bitcoin enthusiast one important and very practical question surfaced: How on earth am I going to pay my taxes?

I had a chance to speak with Jake Benson the founder and CEO of LibraTax an online accounting software company that helps individuals prepare their Bitcoin taxes.

Who is using Bitcoin?

Benson:More and more people believe in digital currencies as a technology and Bitcoins as a representation of that technology.Very large and reputable companies such as PayPal are now enabling Bitcoin as a payment rail for digital goods.Granted, some users are still crypto-anarchists, libertarians, and criminals, but overall, the digital currency market is evolving quickly and becoming much more mainstream.

Last year the IRS ruled that Bitcoins are considered property and not currency. How will this impact the Bitcoin market and taxpayers in general?

Benson:The immediate knee-jerk reaction was a disaster. How on earth are people going to keep track of all their trading activity? Bitcoins are now considered a form of property so you need to apply capital gains tax to every single transaction you make, no matter the size. Whether you are using Bitcoins to buy a cup of coffee or buy a house, you still need to log that transaction. Its seemingly impossible to keep these records manually, and there can be a lot of math involved in calculating the right tax.

LibraTax automates this process and makes accounting easy for the Bitcoin user.

What is LibraTax all about?

Read the original post:

Bitcoin and Taxes, Now Unavoidable

Dominic Frisby: Bitcoin Is One of the Most Important Developments Since the Internet – Video

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Dominic Frisby: Bitcoin Is One of the Most Important Developments Since the Internet
Oct 6 Dominic Frisby discusses his new book, Bitcoin: The Future of Money? and the revolutionary technology that drives bitcoin, blockchain technology. Thi...

By: Financial Sense

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Dominic Frisby: Bitcoin Is One of the Most Important Developments Since the Internet - Video


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