Bitcoin Halving: 21-Hour Live Stream (Starting 11:59 PM EDT)

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Ready for the Halving Guys

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Halving moon

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Who remembers transaction on Bitcoin were zero?

I remember my first transactions used cost zero when miners were happy to process them for free. it was good times and back then people still believed that BTC will compete paypal and credit cards

chart for reference:

https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch-ltc-dash-xmr.html

submitted by /u/asdqweqweqwd
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source https://www.reddit.com/r/btc/comments/ghhiq0/who_remembers_transaction_on_bitcoin_were_zero/

Bitcoin News Summary – May 11, 2020 The post Bitcoin News Summary – May 11, 2020 appeared first on 99 Bitcoins.  Bitcoin’s price dropped by 15% on Sunday just 2 days before the block reward halving. The unexpected drop is likely to have caught many traders off guard and data shows that BitMEX hourly liquidations reached $226 million. Famous hedge fund manager, Paul Tudor Jones, whose fund has $7.8 billion under management, announced that he’s [...]

The post Bitcoin News Summary – May 11, 2020 appeared first on 99 Bitcoins.

 Bitcoin’s price dropped by 15% on Sunday just 2 days before the block reward halving. The unexpected drop is likely to have caught many traders off guard and data shows that BitMEX hourly liquidations reached $226 million. Famous hedge fund manager, Paul Tudor Jones, whose fund has $7.8 billion under management, announced that he’s [...]

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"Your keys, Your coins" Keep yours Coins Safu!

submitted by /u/SofiaCBCH [link] [comments]

source https://www.reddit.com/r/btc/comments/ghg0cw/your_keys_your_coins_keep_yours_coins_safu/

LOST 1.5 BTC TO A SCAMMER, PLEASE HELP ME WITH TAX SITUATION.

Hello guys, sorry for posting this here, not sure if i should post this here or on r/scams.

Ok, so here's my situation.

Year 2018 : I bought some btc in the beginning of the year and then over the course of some months i accumulated 4 btc in total. I wasn't trading regularly but was bullish on the btc so was holding those 4 btc pretty much until October.

Year 2018 October : I came across a plan where you invest btc and they double it in a while ( PONZI SCHEME IN ACTION) and yes i fall for it 😒. Anyways i send the scammer 1.5 btc which i never recovered back, so i was down to 2.5 btc.

TAX SEASON 2019 : Now whatever happened, i made piece with it, since i know there is no way of recovering, untill any of you might help or give some advice on that.

Also i didn't file my 2018 taxes last year, since i have quite a few transaction, mostly traded on coinbase and coinbase pro, so was very confused how to go with it. Now i finally found a software helping me out with this.

HOW SHOULD I REPORT THIS LOSS : The original purchase price for that 1.5 btc was 15k usd, when i transffered that to the scammer 1.5 btc was worth 10k usd. So in the transaction i can show i lost 5k as the difference between the purchase price and the sale price but HOW CAN I SHOW I LOST 10K USD TO THE SCAMMER AS WELL, IN TOTAL LOST 15K.

SORRY FOR ANY DUMBNESS IN THIS WHOLE SITUATION, I WAS PRETTY NEW TO THIS AND WAS VERY CONFUSED ( LESS CONFUSED NOW) AND AT THIS POINT I JUST WANTED TO FILE THE TAXES THE RIGHT WAY.

ANY ADDITIONAL INFO WILL BE APPRECIATED TOO. THANKS FOR READING THIS FAR.

submitted by /u/seconddealing
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source https://www.reddit.com/r/btc/comments/ghgytl/lost_15_btc_to_a_scammer_please_help_me_with_tax/