Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15270. (Read 26716038 times)

Torque.. you are sooo right.  Worked my ass off for 20years putting 6% into my 401k like a good little minion. It's crap you can't touch without huge losses.  Straight up 10% penalty unless I'm over 65 and on my death bed.   Screw that junk.  I actually cashed out and took the hit. Payed off every bill I had and put some in crypto back in 2015.  Should have put more but being debt free was more important at the time.

I haven't regretted one bit cashing out of the system.   Would have to work another 20| years to even think about having the same amount I have today from investing lightly in crypto's from 2014 to 2015. LOL  

Remember when "China bans Bitcoin" was enough to send the market reeling? Dec 5, 2013, Jan 12, 2017 and Sept 14, 2017 were good examples.

Prices plunged as markets panicked. Now nobody in Bitcoinland cares about China any more.

Why should we care about some minor KYC/AML regulations in S. Korea? No big deal. This time the news didn't even give us a decent buying opportunity.

As I said, ho freaking hum.

Bitcoin was a $5-10 billion market at most in late 2013, concentrated on a handful of exchanges, most infamously Mt Gox, which was manipulated by Karpeles' Willie bot followed by the catastrophic loss of Bitcoin and collapse of the whole exchange and fragile ecosystem. You know this, Tera.

Bitcoin is now at least a $200B market cap by itself and has established itself as the trading foundation of an overall crypto market of half a trillion and is even legal tender in Japan of all places, in spite of Mt Gox. There are hundreds of exchanges in dozens of countries and massive infrastructure and overhead now invested in Bitcoin's future. Sure there are many who want to see it fail, mainly governments, regulators and old-school investors, but there are now far too many devoted to seeing it succeed.

I understand the importance of chronic unease and cautious optimism in such a volatile investment. But now it just seems you are just trying to incite doom and gloom, you are trying to instill fear, uncertainty and doubt, you are searching for patterns to corroborate your... hope, is it?? Hope that Bitcoin will continue to fall?  Because it doesn't just seem like fear driving your prognostications. It actually seems like you seriously hoping Bitcoin will stumble and fall into a multi-year bear market and retest old lows. Is this all stemming from regret? Regret that you didn't buy enough to exit this whole game by now and the hope that you can scoop up some more cheap coin?

Rough patches remain ahead, no doubt, but the days of $300 or $3000 coin are Christmas past.

Thanks man, appreciated. Like you, only my SO knows about our involvement in bitcoin. We plan to keep it that way pretty much forever, and just tell the family that we "retired off our investments." Lol. It was interesting being at a recent family holiday party with family members who are Doctors, PHd's, commercial airline pilots, etc. and on paper we were the wealthiest people in the room by miles, while all of them were heavily in debt and had no savings.

It's pretty telling when the MSM has convinced the public that Bitcoin is a scam and that the U.S. stock market is the safe way for them to build wealth, when the exact opposite is true. It's because if the public truly knew how Wallstreet works, how company IPOs and 401ks are structured to only benefit the 1%, and that you'll never build true wealth using instruments like 401ks (which 99% of the public heavily invests in), they would fully reject the traditional stock market entirely, and then the whole ponzi house-of-cards that took Wallstreet decades to build up would crumble overnight.

In my family, only my SO knows about my bitcoin involvement (and knows no exact numbers - I talked about ~10% of the actual amount).

So I have this very institutional, serious, conservative saver type brother. Intelligent, informed kind of guy, though not a follower of financial news if not in the broader sense. Just today, he mentioned BTC and said something like "They deserve it! 40% loss in one day!". He thought BTC is something new, a 2017 fad or something. I didn't argue that much, just replied "It began in 2009 actually, you know."

This illustrates how the impact of partial, incomplete MSM coverage can influence the thoughts of even informed people. If my brother was more informed or understood the matter more deeply, he could be one formidable hodler. I hope to show him how wrong he was, one day when a big chunk of my stash goes to his children too.

Keep on doing your thing, Torque! Your lucid paranoia is appreciated here.

There is a way of stopping the updates, although it's long and complex. The final step involves editing the registry, which can trash your operating system if you don't know what you are doing.

I tried it once and it worked on a test windows 10 installation. The auto updates wouldn't completely stop without that registry edit. However it was so much hassle I never installed windows 10  for daily use, and despite disabling updates still didn't trust it.

Not really that bad, news just making it sound bad to make btc plummet i think

"South Korea, which is one of the biggest markets in the world for bitcoin, said it was preparing a ban on opening anonymous cryptocurrency accounts and new legislation to enable regulators to close coin exchanges if they felt there was a need to do so."

Well, trades are except from VAT.

If you think about it, states do not represent 20%... it is more like 80%. It's the same money moving around and them getting a bite at each taxable event. In the end, most of the economy gets into the State funds. That wouldn't be that bad if all that money were optimally managed... but most of it just get WASTED. That's what gets me particularly angry.-

Good morning Bitcoinland.

I see we're still going pretty much sideways, exactly where we were 5 days ago and 3 days ago... currently $14390USD/$18120CAD (Bitcoinaverage).

Old coins are currently worth $17280USD/$21765CAD each (Coinmarketcap).

Oh? Korea "banned Bitcoin"? Ho hum.

Yawn.

Nah, they're not out to get us. Because the idea of false flag events being perpetrated by the U.S. government against it's own people is absurd and nothing but conspiracy nonsense.

https://en.wikipedia.org/wiki/Operation_Northwoods
https://crowdsondemand.com/

Just like everything negative the MSM prints about Bitcoin is 100% accurate and true. Because they're trying to save you from yourself, can't you see? No one that has ever put money into Bitcoin has benefited from it, just look at the 8 year chart.

It's not that Torque's paranoid.
It's that they're out to get us!

Ok, ok. I'm awake... And... Wrong about the price recovering by now. Good call torque.

I think you can have PR residency and operate remotely from another location.

Pretty sure PR doesn't have internet in most areas after this hurricane.

Regarding these forks, am I wrong or you can't get access to any of these new chains ? No working wallets are available (except the old ones, BCH, BTG, ...)

Thanks, Meuh6879!

So with a startup script to stop the update and malware search services we should be good.

I think there was more to it though. The sites I visited (just for my own preventive information) after Win10 came out usually listed a dozen points. Maybe it had to do with Cortana and other data-hungry little daemons?

This is why all American "coin traders" should move to Puerto Rico ASAP - can't beat 0% taxes

http://www.portocapital.com/puerto-rico-act-22-tax-incentives-legislations-individual-investors-act/

that's why i'm not agree about that : State have VAT (20% in my country).
I don't agree to be tax target for exchange flux.

and by the way, the State use 20% of the economy to finance ?
No ! They use debt !!!

that's it : State can not be represent more than 20% of the economy.

Yeah, if your a "coin trader" then will be a big deterrent now, could still manage and make money though off altcoin/BTC trading, etc.  

Do you think it will have more of reduction in altcoin trading and investment?  Seems like people may want to get into something larger more stable and sit versus potentially trade in something even more volatile than Bitcoin.  Thinking perhaps in early 2018 or here at very end of 2017 there may be some rush of funds back into BTC.

1) stop windows update service (only reactivate when you install devices ... and desactivate after a reboot).

2) stop windows malware search.

3) done.

point 1 is the same for Win8 actually ... when an update can WIPE OUT the PC at factory reset (many problems like this and Win10 follow the same route because of massive update for drivers ... incompatibles drivers from Windows Update !!!).