Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15653. (Read 26609070 times)

full member
Activity: 266
Merit: 222
Deb Rah Von Doom
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot

Its still a for profit company that takes a 20% tax on every block.  I mean, WTF?

Anyway, people will use whatever they want, and most will lose their money.  Its human nature. 

Bitcoin.  $8000 or $11000 next?

but...but...the snarks man

oh who am I kidding, I don't even know what a snark is
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
This is not looking good..

Sure it is.  Exhale occasionally.  Take a clean breath at $8200, and then hold it again if you like  Grin
I think it looks good. I've seen this chart so many times in Bitcoin now starting with when it broke out from $260 to $400 and retraced back to $260. It looked just like this.

When we actually crash it goes swift and deep and isn't going to take all day or keep going back up into previous levels.
legendary
Activity: 2016
Merit: 1259
Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.

I believe that is known as Hodler's Law.  Tongue

A real law or a joke, you have any link ?

 Tongue
hero member
Activity: 1008
Merit: 505
Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.

I believe that is known as Hodler's Law.  Tongue

A real law or a joke, you have any link ?
legendary
Activity: 2016
Merit: 1259
Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.

I believe that is known as Hodler's Law.  Tongue
sr. member
Activity: 420
Merit: 257
Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.


to cold again Smiley
I really have to try New Zealand, but my girlfriend says, thats the other side of the world. But i say: soon the moon is my second living place !

And Elon Musk said, we´re going to fly around the world in about one hour, soon, no ?

I just couldn´t afford it, but over 10,000 i´ll have to rethink it.




legendary
Activity: 2338
Merit: 2106
Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.
legendary
Activity: 2016
Merit: 1259
This is not looking good..

Sure it is.  Exhale occasionally.  Take a clean breath at $8200, and then hold it again if you like  Grin
legendary
Activity: 2338
Merit: 1035
This is not looking good..
sr. member
Activity: 420
Merit: 257
Arbitrary graph is arbitrary. Show me the bubble that is car, electricity, tv-sets and the Internet. Still bubbles?

Don't forget about smartphones. That has been a really fast and wild bubble adoption curve.

Yeah, sometimes i think: "Zwickts mi, i man i tram" But here we are !




legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
So... If you sent all your BTC to a 1dicexxxx address, and got back 98% that's gambling right?

The profits? Yes.

... But you have to pay capital gains for every BTC you "spend" to gamble in first instance as that would be a taxable event (the selling of BTC to gamble) no matter if you win or lose afterwards.

P.S.: Almost everything is a taxable event as it involves "using" the actual value of BTC which is different than when you initially acquired it. The only thing I don't agree is that "moving the coins out of coinbase" is a taxable event. That doesn't make any sense.

You have BTC. You gamble it on a BTC only dice site (or any other BTC only gambling site) that does not accept fiat. You don't have any profits because you just lost 2%, if you played a game with a 98% chance to win, if you won. If you lost, well, uh, you lost everything. You could play a game that allows a 100% chance to win with a 2% house edge maybe.

Your win now is from gambling. You're not selling BTC to gamble, you are gambling the BTC itself.

Or the IRS does not see it that way? You guys are f**ked uh no matter what.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Arbitrary graph is arbitrary. Show me the bubble that is car, electricity, tv-sets and the Internet. Still bubbles?

Don't forget about smartphones. That has been a really fast and wild bubble adoption curve.
sr. member
Activity: 406
Merit: 361
Bearstamp looking rather bullish at the moment, broken downward 1 hour trend. 

True, but I still don't see it holding. Will be interesting to see how it goes.

A decent retest of support here (or sideways for a while) would be nice before the next big rise.
legendary
Activity: 2016
Merit: 1259

I think to evade US clutches you would need to fake your own death as a minimum. 

Thanks. That's kind of what I figured.  Undecided

Or a proper opaque blockchain.

Just sayin.

The "M" blockchain is the only other one I believe in.  Wink

ZEC is OK

I don't have much love for alts in general, but this in particular always bothered the hell out of me.
https://blog.okturtles.com/2016/09/how-to-compromise-zcash-and-take-over-the-world/

fully acknowledged

I think they are, in fact, taking their own advise

https://www.coindesk.com/devs-destruction-inside-zcashs-second-crypto-ceremony/

Its still a for profit company that takes a 20% tax on every block.  I mean, WTF?

Anyway, people will use whatever they want, and most will lose their money.  Its human nature. 

Bitcoin.  $8000 or $11000 next?
legendary
Activity: 3122
Merit: 1538
yes
Arbitrary graph is arbitrary. Show me the bubble that is car, electricity, tv-sets and the Internet. Still bubbles?
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot

I think to evade US clutches you would need to fake your own death as a minimum. 

Thanks. That's kind of what I figured.  Undecided

Or a proper opaque blockchain.

Just sayin.

The "M" blockchain is the only other one I believe in.  Wink

ZEC is OK

I don't have much love for alts in general, but this in particular always bothered the hell out of me.
https://blog.okturtles.com/2016/09/how-to-compromise-zcash-and-take-over-the-world/

fully acknowledged

I think they are, in fact, taking their own advise

https://www.coindesk.com/devs-destruction-inside-zcashs-second-crypto-ceremony/
sr. member
Activity: 392
Merit: 254
That's what she said.
legendary
Activity: 2016
Merit: 1259


I'm officially spooked.

... I'm afraid you're going to need a much bigger graph.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
So... If you sent all your BTC to a 1dicexxxx address, and got back 98% that's gambling right?

The profits? Yes.

... But you have to pay capital gains for every BTC you "spend" to gamble in first instance as that would be a taxable event (the selling of BTC to gamble) no matter if you win or lose afterwards.

P.S.: Almost everything is a taxable event as it involves "using" the actual value of BTC which is different than when you initially acquired it. The only thing I don't agree is that "moving the coins out of coinbase" is a taxable event. That doesn't make any sense.
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