With the new tax bill that just passed both houses of congress and was signed into law, trading between crypto currencies can no longer be "interpreted" as an exchange of property that is not subject to tax.
This means EVERY single sale on every exchange must be reported to the IRS or you risk criminal charges!
As I mentioned in the previous article I just posted here https://steemit.com/crypto/@bycoleman/israel-plans-its-own-digital-currency, governments are going to get VERY serious about how you trade crypto currencies and prosecuting any "negligence" on your part for reporting each transaction.
This of course translates into a very powerful reason for fully anonymous coins like dash, monero, zcash etc. Expect an explosion in such untraceable currencies and exchanges that support anonymous users.
Be wise and invest for the future.
Please upvote before you click on the link below.
See more information at: https://townhall.com/columnists/lindsaymarie/2017/12/29/brace-yourselves-cryptocurrency-investors-taxes-are-coming-n2428153
Craig