BTCUSD forecast Bitcoin, news & trading signals

BTC Gains 5%  Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action.
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BTCUSD forecast Bitcoin, news & trading signals

Bitcoin, news In this section, we offer for traders and investors cryptocurrency Bitcoin forecasts for today and tomorrow. In the section, you will find technical analysis BTC/USD, as well as trade signals and Bitcoin recommendations, the main news for tomorrow.

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Bitcoin, news

 

 

Investing in Bitcoins

There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.

In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.

Like any other asset, the principle of buy low and sell high applies to bitcoins.The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.

 

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