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Topic: sideways for so long now.... (Read 4983 times)

sr. member
Activity: 336
Merit: 260
September 19, 2014, 11:47:28 PM
#66
Expect sideways to the end of September, it's still vacation time, economic activity tends to start to pick up end of Sept - beginning of Oct.

Hodl, boys! Another 2 weeks and it should get easier!

It's already easy. As long as we don't go below $100 Smiley

It's entertaining to see people panicking like little girls Smiley

$300 is still possible, $100 - very unlikely.
legendary
Activity: 1652
Merit: 1265
September 19, 2014, 06:31:57 PM
#65
Expect sideways to the end of September, it's still vacation time, economic activity tends to start to pick up end of Sept - beginning of Oct.

Hodl, boys! Another 2 weeks and it should get easier!

It's already easy. As long as we don't go below $100 Smiley

It's entertaining to see people panicking like little girls Smiley
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
September 19, 2014, 05:35:07 PM
#64
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...
Roll Eyes

Welp, there you have it...just like I mentioned a while back...we got the volatility back that people have been asking for, and we went down instead of up  Tongue
full member
Activity: 238
Merit: 106
September 19, 2014, 12:44:05 PM
#63
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...
Roll Eyes
sr. member
Activity: 336
Merit: 260
September 19, 2014, 03:55:13 AM
#62
Expect sideways to the end of September, it's still vacation time, economic activity tends to start to pick up end of Sept - beginning of Oct.

Hodl, boys! Another 2 weeks and it should get easier!
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
August 14, 2014, 02:27:25 PM
#61
Germany has a 1 year duration for holding after which all capital gains on BTC are taxfree.
full member
Activity: 148
Merit: 100
August 13, 2014, 04:17:47 AM
#60
Sideways is not the way its moving... its dropping right now lets be honest Sad
full member
Activity: 167
Merit: 100
August 13, 2014, 03:52:58 AM
#59
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink

I dread the day BTC goes up because of the capital gains I have to report.
Move to Denmark, no tax on bitcoin gains Grin. It's also the only good thing about the country, but hey.

That said, it can change at any moment, even retroactively, so I'm staying under the radar.

There is no capital gain tax in Singapore also. You can use the local exchange itbit to trade.

full member
Activity: 152
Merit: 100
August 12, 2014, 10:32:32 PM
#58
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink

I dread the day BTC goes up because of the capital gains I have to report.
Move to Denmark, no tax on bitcoin gains Grin. It's also the only good thing about the country, but hey.

That said, it can change at any moment, even retroactively, so I'm staying under the radar.

Honestly, if bitcoin did go up to (let's say) 100k$, then I really may have to move there or some place that doesn't want to take 20% of my capital gains just because. At that point, I'd literally be paying 0.2 BTC to spend 1 BTC, because the fact that I bought at 500$ my 'investment' is so diluted, effectively I'm being taxed on the whole BTC.

Because of capital gains tax, I kind of want to hodl. I've probably gotten about 4-500$ saved this year by using BTC and buying back a little lower, but this would be a nightmare at 100k$. Even 1k$ looks like a disaster to me.
legendary
Activity: 2268
Merit: 1278
August 12, 2014, 10:19:00 PM
#57
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink

I dread the day BTC goes up because of the capital gains I have to report.
Move to Denmark, no tax on bitcoin gains Grin. It's also the only good thing about the country, but hey.

That said, it can change at any moment, even retroactively, so I'm staying under the radar.
full member
Activity: 152
Merit: 100
August 12, 2014, 10:17:08 PM
#56
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink

I dread the day BTC goes up because of the capital gains I have to report.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
August 12, 2014, 01:00:46 PM
#55
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...

Going down isn't all bad. Especially if you are a longterm holder you can replenish your stack Wink
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
August 12, 2014, 12:56:40 PM
#54
The last time that everyone started calling for the volatility to come back, we ended up going like straight down.   Let's hope we don't have a repeat of that...
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
August 12, 2014, 11:53:39 AM
#53
stability like this generally precedes growth....but damn if it isn't boring

Yesterday we sawe some action. But yeah, I miss the double digit % days Sad
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
August 12, 2014, 11:49:34 AM
#52
Can't complain it's a good place to be at the moment if you ask me.  The selfish side of me wants to see lower priced Bitcoin in the coming months but I suspect that is just wishful thinking.  I know one thing when we first the 600 dollar price range things started to get interesting fast and before we knew it the price was over a grand.  

I don't expect the same movements but I think it is worth taking into consideration.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 12, 2014, 09:01:14 AM
#51
i'm getting quite tired of waiting myself (expecting the July rally and it's already two weeks past, the horror) but I get the feeling that this long period of consolidation is actually a good thing. Wish I had more money to put in but i'm pretty maxed out..

I guess that's the problem. Everyone's all maxxed out right now!!! So no one will be able to start a new rallye, unless we see new money coming in from the sidelines. The books on stamp look meager, I guess... But that could be manipulation, too!

exactly! everybody is still taking a very long time to get on the boat. i just shared for the first time about bitcoin with a couple of friends and though they have heard of it, i was surprised how clueless they actually were. one insisted that bitcoin is a company! good grief. i realise the information chasm is still pretty big with the general public.

Yeah, but doesn't that show - on the other hand - that there's still an incredible amount of potential ready to be tapped? I guess a lot of people could profit form Bitcoin, just don't know about its existence yet! And that needs to change Smiley
member
Activity: 79
Merit: 10
August 12, 2014, 08:55:51 AM
#50
i'm getting quite tired of waiting myself (expecting the July rally and it's already two weeks past, the horror) but I get the feeling that this long period of consolidation is actually a good thing. Wish I had more money to put in but i'm pretty maxed out..

I guess that's the problem. Everyone's all maxxed out right now!!! So no one will be able to start a new rallye, unless we see new money coming in from the sidelines. The books on stamp look meager, I guess... But that could be manipulation, too!

exactly! everybody is still taking a very long time to get on the boat. i just shared for the first time about bitcoin with a couple of friends and though they have heard of it, i was surprised how clueless they actually were. one insisted that bitcoin is a company! good grief. i realise the information chasm is still pretty big with the general public.
full member
Activity: 238
Merit: 106
August 12, 2014, 08:17:40 AM
#49
too much patience is... what?

apathy?
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 12, 2014, 08:16:56 AM
#48
i'm getting quite tired of waiting myself (expecting the July rally and it's already two weeks past, the horror) but I get the feeling that this long period of consolidation is actually a good thing. Wish I had more money to put in but i'm pretty maxed out..

I guess that's the problem. Everyone's all maxxed out right now!!! So no one will be able to start a new rallye, unless we see new money coming in from the sidelines. The books on stamp look meager, I guess... But that could be manipulation, too!
member
Activity: 79
Merit: 10
August 12, 2014, 08:13:49 AM
#47
i'm getting quite tired of waiting myself (expecting the July rally and it's already two weeks past, the horror) but I get the feeling that this long period of consolidation is actually a good thing. I mean education and adoption does take time. Wish I had more money to put in but i'm pretty maxed out..
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