Why bitcoins are a bit risky - The Hindu

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If bitcoin gets more popular, this could impose a speed limit on how quickly transactions can be processed, and means miners will have to charge more for priority access. To scale effectively ... “Bitcoin value hits a life-time high,”; “bitcoins are now more expensive than gold,”; “Winklevoss twins make a bid for an exchange traded fund based on bitcoin.” First step: If you sold bitcoin at any time last year, you need to file Form 8949 to report capital gains.The first step is to get a record of your bitcoin transactions. On Coinbase, the most ... If you wanted someone murdered, you used to drop off a bag of cash in an alley. In 2013, you need only an Internet connection and bitcoins. Eli Lake on the ‘Hitman Network.’ Bitcoin and other cryptocurrencies such as ethereum, I concluded, arouse a level of passion rarely found within finance. Their detractors are convinced that the entire concept is a fraud; their ...

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