It is impressive, worthless to $8,000.00.
Some folks here are buying and selling. They should know if you can actually get the prevailing price.
And if they are buying and selling, might be wise to report the transactions...
Cap gain, collectible, short term trading...?
Oh, you’re all so clever, you’re just not going to bother with that old IRS are you.... uh huh....?
I’m in finance. You’d be surprised how many people get little letters several years later by the IRS asking for $$$$$
This bitcoin thing will all end very badly for some people. Wall Street loves the idea, because if you know for 100% sure that something is going to zero, you can short it and make bank. Money is more sure and faster on the short side.
Bitcoin is backed by blue sky, the dollar is backed by nukes. Don’t forget that...
There is the bid, and there is the ask on items for sale. The highest offer to buy, and the lowest offer to sell. In items on the NYSE those margins these days are pennies. On something like bitcoin, it could be a hundred dollars or more at this price. The “spread” here is where many are making money, playing both sides of the ponzi scheme.
Trouble is, the volume on this stuff isn’t disclosed, so nobody knows what is fact or fiction, nor is it regulated. Zero transparency.
Yeah, cut me in on that action...LOL...