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<p>[QUOTE=&quot;chascat, post: 2945244, member: 76792&quot;]Suppose I bought $1000 in bitcoin in 2008 for 10 cents a coin...I now own 10,000 bit coins.&nbsp; They are worth appx. $ 186 million dollars now.&nbsp; I Just spent the whole wad at Ampex on gold eagle coins...appx. 140,378 coins.&nbsp; Do I now owe the IRS capital gains on my earned income?[/QUOTE]</p><p><br /></p>

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