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Re: Spartanfan1 post# 36135

Sunday, 08/24/2014 11:58:23 AM

Sunday, August 24, 2014 11:58:23 AM

Post# of 73703
I posted a couple of days ago that I had called the company in the past. I also stated that ANYTHING can be said to you over the phone and then denied later. You'll have no proof that they said it, unless they put it in a email...WHICH THEY WILL NOT DO!
As far as DD, REALLY?, did you not use the links that I provided?

http://www.marketplace.org/topics/economy/irs-labels-bitcoin-asset

Backed up by...

IRS treats Bitcoin as property. The IRS recently issued guidance stating that it will treat virtual currencies, such as Bitcoin, as property for federal tax purposes. As a result, general tax principles that apply to property transactions apply to transactions using virtual currency.

http://www.sec.gov/oiea/investor-alerts-bulletins/investoralertsia_bitcoin.html#.U_fsXJKbhR9

They have to claim it as property. Why would they list property at their drilling sites, as little a drilling pipe & elect. motors, and not list millions of dollars (supposedly) in Bitcoins?
I still don't understand why someone would invest in a company without trying to find things that don't smell right...unless they just don't want to know about them because it doesn't fit the scenario that they are trying to push.