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  1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Saturday, 09-Dec-2017 18:17:31 EST lnxw48a1 lnxw48a1
    "Please invest responsibly — an important message from the Coinbase team"

    The cryptocurrency exchange #Coinbase sent out a message to their users recently, advising people not to become too heavily invested in #BTC.

    "We also wanted to remind customers of some of the risks associated with trading digital currency. Digital currencies are volatile and the prices can go up and down. Due to the rapidly changing price of digital currencies, some customers
    may not have sell limits that are sufficient relative to the value of total digital currency they are storing on Coinbase. Sell limits are one of the many measures Coinbase takes to protect client accounts and assets."

    I guess they are worried about "irrational exhuberance" behind the current rise in the price of #Bitcoin. !cryptocurrency
    In conversation Saturday, 09-Dec-2017 18:17:31 EST from nu.federati.net permalink
    1. Stephen Michael Kellat (alpacaherder@quitter.se)'s status on Monday, 11-Dec-2017 20:46:17 EST Stephen Michael Kellat Stephen Michael Kellat
      in reply to
      @lnxw48a1 @clacke *cough cough* If you realize too much gain, #Coinbase is required to make reports to IRS or #Coinbase gets fined heavily.
      In conversation Monday, 11-Dec-2017 20:46:17 EST from quitter.se permalink
      1. clacke (clacke@social.heldscal.la)'s status on Monday, 11-Dec-2017 20:48:54 EST clacke clacke
        in reply to
        @alpacaherder @lnxw48a1 Yep, they were already ordered to.

        https://techcrunch.com/2017/11/29/coinbase-internal-revenue-service-taxation/
        In conversation Monday, 11-Dec-2017 20:48:54 EST from social.heldscal.la permalink

        Attachments

        1. Coinbase ordered to give the IRS data on users trading more than $20,000
          By <a href="/author/taylor-hatmaker/" title="Posts by Taylor Hatmaker" onclick="s_objectID='river_author';" rel="author">Taylor Hatmaker</a> from TechCrunch
          Most digital currencies exist in a sort of twilight state just beyond the grasp of federal regulators, but the U.S. tax authority is starting to get savvy to this whole bitcoin thing. On Wednesday, a federal judge in San Francisco ruled that Coinbase must supply the IRS with identifying information on users who had more than $20,000 in annual transactions on its platform between 2013 and 2015.
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