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September 11, 2018 at 3:47 pm
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They say the reason behind the Bitcoin price crash, is because a lot of Bitcoin investors are selling off their crypto to pay off capital gain taxes. These first-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017- some reports now show that they are selling off their Bitcoin fast, before they file their taxes. People forget that cryptocurrencies are considered property and not currency by the IRS.