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A comment on Coinbase Ordered to Turn Over Identities of 14,355 Crypto Traders to the IRS. Parent comment

Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by Kiro on Thursday November 30, 2017 @12:40PM (#15817662)
You make it sound like people do this to confuse IRS or avoid taxes. I simply like to daytrade altcoins a lot. Also, I'm not in the US but I'm interested in how this work.
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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by joosters on Thursday November 30, 2017 @12:52PM (#15817781)
Speak to an accountant. It's not like any of this stuff is new, people have been trading many different things for many years.
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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by openasocket on Thursday November 30, 2017 @01:39PM (#15818281)
I imagine it's exactly the same as how they tax currency trading.
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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by charlesdm on Thursday November 30, 2017 @08:03PM (#15821140)
This depends on the country.
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