Dealing with cryptocurrencies is Hell in Israel, the regulatory requirements, even for personal investors take more time than managing the investment itself.
It's clear that the Tax Authority demands documents they'll never even look at, but because of the slight chance of "getting caught" we're all supposed to file them.
And I'm a rooster if more than 10% of the investors will provide them.
So yeah, I predict that crypto will slowly die in Israel, because the mountain of papers one have to send, to stay legally compliant.
If I'll move to a more crypto-friendly country, or if the tax code here changes to a manageable form I'll be back, with full STEEM. (Get it?)
Until then I'm powering-down. Sorry everyone, and good luck to those who stay here.