Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16515. (Read 26709415 times)
August 31, 2017, 05:43:20 AM
New ATH
August 31, 2017, 05:41:35 AM
Looks poised for another leg up.
August 31, 2017, 05:40:44 AM
They wanna go up on BitStamp. Small 100 wall was eaten damn quickly.
August 31, 2017, 05:40:40 AM
Hype cycle in full effect...
Bitcoin Is The New 'Gold' (Peter Schiff and R0ach spinning in their graves)
https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#52c2d52c3b36
https://www.forbes.com/sites/naeemaslam/2017/08/29/is-it-time-to-own-gold-or-bitcoin/#36c5374d7f5d
https://www.forbes.com/sites/kenrapoza/2017/08/30/moscow-stock-exchange-opens-to-crypto-currency-trade/#62b6ba5726d1
(^^ Apparently forbes wants to write about BTC everyday -sometimes twice a day! )
Hype Tsunami...
That is just Forbes and from a few days.... search Google for Bitcoin forbes and its ....relentless... andthat is just them...the MSM attention is relentless..
Also - the Russians fakeout "we are considering clamping down on cryptos and banning them" FAKEOUT ! we will create worlds first Crypto stock market !! Stick that in your never ending ETF pipe and smoke it !! slow coaches!! you snooze you lose !!
Bitcoin Is The New 'Gold' (Peter Schiff and R0ach spinning in their graves)
https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#52c2d52c3b36
https://www.forbes.com/sites/naeemaslam/2017/08/29/is-it-time-to-own-gold-or-bitcoin/#36c5374d7f5d
https://www.forbes.com/sites/kenrapoza/2017/08/30/moscow-stock-exchange-opens-to-crypto-currency-trade/#62b6ba5726d1
(^^ Apparently forbes wants to write about BTC everyday -sometimes twice a day! )
Hype Tsunami...
That is just Forbes and from a few days.... search Google for Bitcoin forbes and its ....relentless... andthat is just them...the MSM attention is relentless..
Also - the Russians fakeout "we are considering clamping down on cryptos and banning them" FAKEOUT ! we will create worlds first Crypto stock market !! Stick that in your never ending ETF pipe and smoke it !! slow coaches!! you snooze you lose !!
August 31, 2017, 05:37:32 AM
We're a few USD from the ATH and yet...
EDIT: New ATH at Stamp
EDIT: New ATH at Stamp
August 31, 2017, 01:42:27 AM
A very good morning to all,
Bitcoin Euro-ATH was broken several times since y'day... Now at 3898 €/BTC (Kraken).
Bitcoin Cash is also gaining slightly, now at 491 €/BCH (Kraken).
So, it seems the current poll will be (pleasantly) proven wrong... Let's hope there won't be any major dump coming. I know 10k € (a 2.5x increase) seems too optimistic for the end of the year, but you never know, it happened last year, why not this year too?
Bitcoin Euro-ATH was broken several times since y'day... Now at 3898 €/BTC (Kraken).
Bitcoin Cash is also gaining slightly, now at 491 €/BCH (Kraken).
So, it seems the current poll will be (pleasantly) proven wrong... Let's hope there won't be any major dump coming. I know 10k € (a 2.5x increase) seems too optimistic for the end of the year, but you never know, it happened last year, why not this year too?
August 31, 2017, 01:31:37 AM
BearStamp says $4601.93: still $400 to go if we have to reach 5k.
Volume is low we need more useless fiat money into the game to destroy the $5000 mark. Or altcoin holders should go back to btc for good
Volume is low we need more useless fiat money into the game to destroy the $5000 mark. Or altcoin holders should go back to btc for good
August 31, 2017, 12:39:45 AM
If BCH succeeds in killing BTC, then:
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BCH to play with.
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BCH to play with.
Nonsense. If the market moves strongly to Bitcoin Cash over Bitcoin Core, then the narrative that 'Bitcoin Cash is The Real Bitcoin' will have been proven true.
That is a BIG fucking
IF ,
Jbreher.
Hey, now. It's not my 'if' - it's coinosphere.tk's 'if'. I didn't set up the hypothetical. I was just fixing the conclusion.
Fair enough.....
And, concededly none of these "if"s are really fleshed out very well... in terms of how we supposedly would arrive at such an hypothetical state of affairs, which the route there also has a lot of variables and even could affect the outcome depending on the route travelled.
[edited out]
If they did not go through fiat, certainly I would argue. But I thought the discussion was cashing out of Bitcoin Cash.
Actually, you could be correct that whether one cashes out into bitcoin is one thing or cashes out into cash is another thing; however, if one leaves the cash on the exchange then that is another thing too.... so one thing is having a "taxable" event, and another thing is having a traceable event.
August 30, 2017, 11:26:03 PM
my problem with selling bitcoin cash and moving it to BTC proper is taxes. IF I ignore it the IRS may call it a stock split...
Granted, we're in somewhat uncharted territory here, but I really don't see what the problem is. For 'merkans, probably the closest model is a corporate spinout - like when HP (HPQ) split into HP Inc and HPE. On the day of the split, the cost bases were adjusted (or determined). The value of HP Inc stock plus HPE stock at t=0+ was equal to the value of HPQ at t=0-. No taxable event, just an accounting adjustment to the cost basis for when you actually do sell.
Of course, when you do sell, that is a taxable event. Did you expect otherwise? Of course the IRS is gonna get a share of your windfall. But using this model*, the tax would be owed upon the gain, which would be based upon the cost basis determined at the fork -- not on the entire value of what you are selling.
*Again, this is likely uncharted territory. But this is a perfectly fine model. I can't imagine anything closer. Can you?
It could be considered a like-kind exchange.
If they did not go through fiat, certainly I would argue. But I thought the discussion was cashing out of Bitcoin Cash.
Quote
Though...getting the additional coins in the first place...income? dividend? magic?
No - a spinout as described above. These things happen to stocks from time to time. Use that model. Hence, my HP example.
August 30, 2017, 11:20:49 PM
Another hacked account!!
Please ignore anything from Machasm, at least till I get my account back if ever.
-----BEGIN BITCOIN SIGNED MESSAGE-----
My account machasm has been hacked. The current date is 31/08/2017.
17TiFR9SCS1bhjXWUDHSx7hn96M5HhsFgN
-----BEGIN SIGNATURE-----
IAOUwfuH/1aB2CavGqiGF5hTsavQ+SY/i1K0Pru2QupsWT+ctde4Q/9HIp1cc5+vEulGvF/9dk5DKDLxUTjpvbc=
-----END BITCOIN SIGNED MESSAGE-----
Here is the unedited post where I posted that address:
https://bitcointalksearch.org/topic/m.21177226
Please ignore anything from Machasm, at least till I get my account back if ever.
-----BEGIN BITCOIN SIGNED MESSAGE-----
My account machasm has been hacked. The current date is 31/08/2017.
17TiFR9SCS1bhjXWUDHSx7hn96M5HhsFgN
-----BEGIN SIGNATURE-----
IAOUwfuH/1aB2CavGqiGF5hTsavQ+SY/i1K0Pru2QupsWT+ctde4Q/9HIp1cc5+vEulGvF/9dk5DKDLxUTjpvbc=
-----END BITCOIN SIGNED MESSAGE-----
Here is the unedited post where I posted that address:
https://bitcointalksearch.org/topic/m.21177226
The admins in here don't seem to care about hacked accounts lately, waiting for an awnser since june
August 30, 2017, 11:14:44 PM
my problem with selling bitcoin cash and moving it to BTC proper is taxes. IF I ignore it the IRS may call it a stock split...
Granted, we're in somewhat uncharted territory here, but I really don't see what the problem is. For 'merkans, probably the closest model is a corporate spinout - like when HP (HPQ) split into HP Inc and HPE. On the day of the split, the cost bases were adjusted (or determined). The value of HP Inc stock plus HPE stock at t=0+ was equal to the value of HPQ at t=0-. No taxable event, just an accounting adjustment to the cost basis for when you actually do sell.
Of course, when you do sell, that is a taxable event. Did you expect otherwise? Of course the IRS is gonna get a share of your windfall. But using this model*, the tax would be owed upon the gain, which would be based upon the cost basis determined at the fork -- not on the entire value of what you are selling.
*Again, this is likely uncharted territory. But this is a perfectly fine model. I can't imagine anything closer. Can you?
It could be considered a like-kind exchange.
Though...getting the additional coins in the first place...income? dividend? magic?
August 30, 2017, 11:11:29 PM
If BCH succeeds in killing BTC, then:
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BCH to play with.
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BCH to play with.
Nonsense. If the market moves strongly to Bitcoin Cash over Bitcoin Core, then the narrative that 'Bitcoin Cash is The Real Bitcoin' will have been proven true.
That is a BIG fucking
IF ,
Jbreher.
Hey, now. It's not my 'if' - it's coinosphere.tk's 'if'. I didn't set up the hypothetical. I was just fixing the conclusion.
August 30, 2017, 11:01:51 PM
my problem with selling bitcoin cash and moving it to BTC proper is taxes. IF I ignore it the IRS may call it a stock split...
Granted, we're in somewhat uncharted territory here, but I really don't see what the problem is. For 'merkans, probably the closest model is a corporate spinout - like when HP (HPQ) split into HP Inc and HPE. On the day of the split, the cost bases were adjusted (or determined). The value of HP Inc stock plus HPE stock at t=0+ was equal to the value of HPQ at t=0-. No taxable event, just an accounting adjustment to the cost basis for when you actually do sell.
Of course, when you do sell, that is a taxable event. Did you expect otherwise? Of course the IRS is gonna get a share of your windfall. But using this model*, the tax would be owed upon the gain, which would be based upon the cost basis determined at the fork -- not on the entire value of what you are selling.
*Again, this is likely uncharted territory. But this is a perfectly fine model. I can't imagine anything closer. Can you?
August 30, 2017, 10:19:53 PM
heres some info ill share with you all since im such a nice guy....
https://www.reddit.com/r/btc/comments/6wxbsg/3000_btc_from_jan_2010_was_just_moved_to_sw/
theres more btw....
now, as for the bet, its only for my trollbro becoin
https://www.reddit.com/r/btc/comments/6wxbsg/3000_btc_from_jan_2010_was_just_moved_to_sw/
theres more btw....
now, as for the bet, its only for my trollbro becoin
I don't interpret it as a imminent dump threat. Au contraire, looks like Satoshi has adopted SegWit and moved part of his stash to a SegWit address.
That's bullish!
SATOSHI NAKAMOTO LOVES SEGWIT!
https://blockchain.info/address/33ZgKQ9XSZQEum5JFqNTpqGTkQR4Zdtyve
the comments should be read, it makes a nice change from this echo chamber
Do you have specific comments in mind that you would like folks to read? Have you figured out whose coins they are? they were mined in January 2010 and they were never moved until today. O.k? Speculation that they are Satoshi's coins, but possibly not, too, right? What is the significance? Someone mining in January 2010 and got several rewards of 50 coins... what else is there to this story?
August 30, 2017, 10:13:51 PM
Gosh, the last few months have considerable potential for inspiring such dramatic severance of whatever we have been doing previously. O.k. Yeah, things were going pretty good to go from $250 to $1000 in less than 2 years, but then the $1000 doubled and then tripled and then quadrupled - so yeah, things gotta be going pretty well for anyone who had been a hodler and/or accumulator in the triple digit price arena, no?
Profits have multiplied as long as you had enough forbearance to NOT sell too early... don't sell too much and don't sell too early and have enough to realize decent profits when the price explodes upwards - seems to be our current status, no?
August 30, 2017, 10:02:19 PM
heres some info ill share with you all since im such a nice guy....
https://www.reddit.com/r/btc/comments/6wxbsg/3000_btc_from_jan_2010_was_just_moved_to_sw/
theres more btw....
now, as for the bet, its only for my trollbro becoin
https://www.reddit.com/r/btc/comments/6wxbsg/3000_btc_from_jan_2010_was_just_moved_to_sw/
theres more btw....
now, as for the bet, its only for my trollbro becoin
I don't interpret it as a imminent dump threat. Au contraire, looks like Satoshi has adopted SegWit and moved part of his stash to a SegWit address.
That's bullish!
SATOSHI NAKAMOTO LOVES SEGWIT!
https://blockchain.info/address/33ZgKQ9XSZQEum5JFqNTpqGTkQR4Zdtyve
the comments should be read, it makes a nice change from this echo chamber
August 30, 2017, 09:32:33 PM
I've never seen that movie. What kind of job does he give him?
Also, I finally got around to watching the first few minutes of 300. Why would the Persian messenger stand in front of a giant open pit?
I think it's time to revisit some of these memes for accuracy.
August 30, 2017, 09:05:29 PM
August 30, 2017, 08:48:12 PM
@BMB - what you talking about? Entering BTC during 2014? and then suffering through that whole year of bear? and also 2015 was largely bearish too, until towards the end, no?
Many of us who had been buying through 2013, 2014 and 2015 are in similar situations.... we kind of have fears about being dumped upon.. however, those fears are largely irrational because times they are achanging.. and we are likely going to continue in a bull market for a bit longer. Don't you think?
Battered Bitcorn Syndrome. It's a thing.
August 30, 2017, 08:46:13 PM
Who's next to get hacked? I bet it'll be Jimbo
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