whats mt. gox?

It was one of the places where you could buy and sell bitcoin and stuff, when it shut a lot of people lost their bitcoin I think

Don't you mean just my 0.00004424 bitcoin? :D

I'm not sure how it's really that much different from some 'official' just printing money and saying hey, this is money, this is worth a lot! To me, printing money and mining digital money are more or less the same (and I do realize there are differences, but I feel they are sufficiently close to each other).

and now i have btc 0.00005972!

At your current speed it'll only take you 316 full days to get .1 bitcoin.

Let me guess: They aren't currency because a few days ago the IRS claimed that they will not treat them as currency?

Cryptocurrencies gets lots of hate and I personally want nothing to do with them since I don't have the time to study the subject, but they are here to stay and knowledgeable people are making profits out of them.

Actually the only people that make real money with those xycoins are the people that manufacture those asic-renderfarms for xymining. And the dealers that can sell overpriced high-end pc-cards. With the price for electricity, I'd actually lose a lot of money runnig this stuff. And it only gets worse the more people are mining xycoins...

I believe they're classified as property. So you would have to report gains or losses on Schedule D.