Here we go again!
Enjoy the ride my friends!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16607. (Read 26609864 times)
August 16, 2017, 10:26:59 AM
i went away for 15 minutes from my pc, come back and BTCOOM
Here we go again! Enjoy the ride my friends!
Here we go again!
Enjoy the ride my friends! August 16, 2017, 10:26:44 AM
Get ready peeps
The train is moving again.... 🚂🚂🚂🚂🚂🚂
The train is moving again.... 🚂🚂🚂🚂🚂🚂
August 16, 2017, 10:23:14 AM
Get ready folks..
August 16, 2017, 10:20:45 AM
Yeehaw.
Weird move that one. Seems like someone/some people just decided to market buy 700 BTC at once, for some reason... EDIT: and that was just on Bitstamp...
EDIT2: Looks like the move started a little earlier on the Chinese exchanges (OKcoin and BTC China), then probably bots on Finex and Bstamp carried on the move upwards? The next few hours might be interesting.
August 16, 2017, 10:15:45 AM
Yeehaw.
August 16, 2017, 10:07:18 AM
Triangle broken up, $5k coming to you live soon
August 16, 2017, 10:00:58 AM
We are talking about a whole new payment system/platform and a store of value that is by far superior to any existing financial system and store of wealth (gold sucks FYI).
If I have a gold or silver coin sitting on the table, I do not have to pay extortion fees to some miner just to be able to spend it. But you'll need to transport that gold or silver coin to the person accepting it. How much does that cost? You gonna use the post office or perhaps try to conceal it through an airport? Lets say you get that person in front of you with your coin. You gonna hack it up to make change or are you cashing out for fiat in a lump sum? Really Roach, we are already in a digital age and currency is going digital also. Ask a millennial if they think value should be stored digitally online or in a physical coin, metal, paper bill, etc. You're either stuck in your long held belief system or paid to spread FUD as crypto grows.
August 16, 2017, 10:00:40 AM
I have been looking this site https://www.tradingview.com/symbols/BTCUSD/ and theres a lot of bearish predictions. I think most of them are biased and comes from people who lost the last train. However, I see there is some resistance around 4300-4400, so maybe it will fall to 3700-3800 as some traders might lose their patience and sell.
August 16, 2017, 09:55:58 AM
Good morning Bitcoinland.
I see we're consolidating quite nicely after yesterday's correction/profit-taking, forming a lovely wedge around $4.1k... currently $4118USD/$5236CAD (Bitcoinaverage).
It's good to see the bull run still alive, but at a slower pace.
Hopefully segwit activation will send it higher. My guess is that a lot of institutional money is waiting.
In the meantime it's nice to see that a lot of patient holders have made so much money that they're worried about tax implications. Congrats to all the Bitcoin nouveau riche.
I see we're consolidating quite nicely after yesterday's correction/profit-taking, forming a lovely wedge around $4.1k... currently $4118USD/$5236CAD (Bitcoinaverage).
It's good to see the bull run still alive, but at a slower pace.
Hopefully segwit activation will send it higher. My guess is that a lot of institutional money is waiting.
In the meantime it's nice to see that a lot of patient holders have made so much money that they're worried about tax implications. Congrats to all the Bitcoin nouveau riche.
August 16, 2017, 09:51:32 AM
I'm surprised to hear of all your tax problems. Here in NL I only pay 1.2% annually on the worth of my stash on jan. 1st. No tax on the gains I make whatsoever.
By the way, https://www.cryptocoinsnews.com/european-retail-giant-alza-will-deliver-your-tesla-tomorrow-for-bitcoin/
50btc is about double the price (100k). For that amount they should include a hooker and a mint. By the way, https://www.cryptocoinsnews.com/european-retail-giant-alza-will-deliver-your-tesla-tomorrow-for-bitcoin/
August 16, 2017, 09:49:28 AM
Nice, But what does it mean? That $7079 would be the maximun price scenario or that it is a big probability scenario?
Fibonacci gives targets for traders to enter or take profits. It was very accurate in predicting $4400 but does not guarantee the market will follow through and advance to $7000. I pointed our earlier that $7000 is lower probability based on previous cycles. masterluc thinks we are headed to $15000 from his posts on a Russian forum (use Google Translate.)
August 16, 2017, 09:48:38 AM
Bravo sir.
Personally, I like the idea that I will live longer than the US government will exist. At that point I can cash out into whatever I want to and not have to pay taxes on it.
I don't want luxury or "nice things". I want to live for hundreds of years and travel to new worlds. That will take money.
Personally, I like the idea that I will live longer than the US government will exist. At that point I can cash out into whatever I want to and not have to pay taxes on it.
I don't want luxury or "nice things". I want to live for hundreds of years and travel to new worlds. That will take money.
If you are loaded you can already renounce US citizenship and take another one, ideally in a country which does not tax foreign capital gains.
...you still pay an exit tax.
Not much that can be done. I've looked into as many tax loopholes as I can. I even had all of the paperwork ready to create an offshore business to funnel my bitcoins through but the controlled foreign corporation rules require any foreign corporation where you own 50% of requires you to declare capital gains that the company gets immediately even if the company does not distribute it to you.
There are some companies that allow you to take out a loan on your stock options (which fixes the price) where they "hold" the stocks and you "fail to pay back the loan".
Living overseas you can withdraw $38k per year and pay zero capital gains as long as you have no other income.
Though a really good tax lawyer could probably figure something out. Tax "loopholes" are legal ways of not paying taxes that the tax legislators just haven't noticed yet.
If your accountant tells you that there's no getting around paying capital gains taxes he's really saying there's know way -he- knows of how to get around them. There is always a way especially the more money you have.
Impressive. And they call capitalism "free", its very far from that. It is kind of a mafia of banks, states and big corporations.
The only way to free capitalism and let it be what it was intended to be, is to smash down this structure of taxes.
August 16, 2017, 09:38:54 AM
I'm surprised to hear of all your tax problems. Here in NL I only pay 1.2% annually on the worth of my stash on jan. 1st. No tax on the gains I make whatsoever.
By the way, https://www.cryptocoinsnews.com/european-retail-giant-alza-will-deliver-your-tesla-tomorrow-for-bitcoin/
By the way, https://www.cryptocoinsnews.com/european-retail-giant-alza-will-deliver-your-tesla-tomorrow-for-bitcoin/
August 16, 2017, 09:34:33 AM
Nice, But what does it mean? That $7079 would be the maximun price scenario or that it is a big probability scenario?
August 16, 2017, 09:23:23 AM
Once the $3800 low was in it is possible to draw a new set of Fibonacci extensions on the 4 hour chart:
The local extensions show $4770 as important resistance if $4400 is taken out. The monthly extensions I posted earlier still predict $7079 on a longer time frame.
The local extensions show $4770 as important resistance if $4400 is taken out. The monthly extensions I posted earlier still predict $7079 on a longer time frame.
August 16, 2017, 08:56:06 AM
Don't be advertising how many coins you have boys, I'd delete those posts.
I have.....1Million BTC
I have millions, maybe even billions or trillions of satoshi. Or maybe even more, donno, lol.
August 16, 2017, 08:53:27 AM
Don't be advertising how many coins you have boys, I'd delete those posts.
I have.....1Million BTC
August 16, 2017, 08:48:36 AM
Don't be advertising how many coins you have boys, I'd delete those posts.
August 16, 2017, 08:37:52 AM
Bravo sir.
Personally, I like the idea that I will live longer than the US government will exist. At that point I can cash out into whatever I want to and not have to pay taxes on it.
I don't want luxury or "nice things". I want to live for hundreds of years and travel to new worlds. That will take money.
Personally, I like the idea that I will live longer than the US government will exist. At that point I can cash out into whatever I want to and not have to pay taxes on it.
I don't want luxury or "nice things". I want to live for hundreds of years and travel to new worlds. That will take money.
If you are loaded you can already renounce US citizenship and take another one, ideally in a country which does not tax foreign capital gains.
Yep. When someone have enough money he can do some things. ie: You cash out your first couple of millions, and pay taxes on them. With that money buy a residence in some tax heaven place. Monaco is expensive but a great option if you can afford it. Now you can keep cashing the rest without worries.
August 16, 2017, 08:32:18 AM
Tell that to searing who mentions it on every post!! Ha ha.
Probably true. But I mean really 4200 btc. Freaking me out a bit. Thus I'm in
WTF mode a lot lately.
YOu have 4200 fucking btc???
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