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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 199. (Read 26710928 times)

hero member
Activity: 938
Merit: 1891
bitcoin retard
over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.

I would proudly buy for 100k just for the lulz of having bought at that price... Unfortunately (or fortunately) I have no fiat on any exchange. To be honest, I don't have much fiat anyways  Grin
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
over 99k again

bulls are not exhausted in any way it seems

Judging by Glassnode's Combined Orderbook chart, there is a lot to stem for the bulls to go over $100k.
Indeed, it doesn't seem they run out of steam anytime soon. We're about half way there.
The good thing is, every buyer gets Bitcoin at a quasi-fixed price for the next few thousand coins. I'd call this a bargain, considered how early we still are.
legendary
Activity: 3990
Merit: 4597
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
hero member
Activity: 938
Merit: 1891
bitcoin retard
Vicious...



Kraken always sucked with its slow trading engine, but imo Powell has consistently showed good intentions and correct view points.

Because of him I have been confident enough to entrust Kraken with almost 0.8% of my stash, which I might sell this cycle  Wink

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
hero member
Activity: 938
Merit: 1891
bitcoin retard
over 99k again

bulls are not exhausted in any way it seems
legendary
Activity: 3990
Merit: 4597
Wasn't Goat the one that got arrested for stealing the 50k-ish silk road coins and he pretty much gave them to uncle sam in a trade for a relatively light sentence?

I thought that was Loaded.

yes. same memory here

Confirmed.

Loaded aka Jimmy Zhong: https://en.wikipedia.org/wiki/Jimmy_Zhong

GOAT was the Lambo guy: https://www.lamborghini-talk.com/threads/i-bought-my-gallardo-with-bitcoin.61298/

Great docu telling of the Loaded story… I remember him posting here on the WO years ago…
https://youtu.be/3Nq3ye-QCyM?si=szQypodArOSnMWO4

Interesting vid and a strange story.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
hero member
Activity: 938
Merit: 1891
bitcoin retard
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Wasn't Goat the one that got arrested for stealing the 50k-ish silk road coins and he pretty much gave them to uncle sam in a trade for a relatively light sentence?

I thought that was Loaded.

yes. same memory here

Huh must've missed it. Remember Loaded doxed himself with a wedding picture once
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
hero member
Activity: 938
Merit: 1891
bitcoin retard
Could Microstrategy end up being the Bitconnect for this cycle? I see people dumping their entire net worth into it and selling long dated call options. I worry a little bit about what will happen when we see a correction. People’s self directed retirement accounts could get wrecked. With people buying MSTR essentially paying $200K for BTC it is beginning to sound warning bells.

Why are people doing this, ability to use their 401K or some tax reason like that ?

Of course...no immediate taxes in IRA and NO taxes whatsoever in Roth IRA.
I regret that i did not play (just had GBTC, then transitioned to IBIT/FBTC).
That said, it is entirely possible that as btc goes to 200K, MSTR would go to about $160-180 (from this morning $550).
At least, it should be based on their NAV.
Clearly, MSTR was overheated (to a high pressure steam level).

which is all in effect under current tax laws. next january trump gets sworn in . and has the ability to alter all those laws in a manner that effects shit bigly.

but for now til jan 21 no worries.


look at how brilliant trump is bye bye matt gaetz. and he will blame liberals for it happening.

once more trump is protecting woman 👩 even if they dont want his protection.

first victory is in the books for trump.

orange man clever.

even if everything you say was true, you give the light impression of sliding into some kind of Trump derangement syndrome...
legendary
Activity: 3388
Merit: 3514
born once atheist
Wasn't Goat the one that got arrested for stealing the 50k-ish silk road coins and he pretty much gave them to uncle sam in a trade for a relatively light sentence?

I thought that was Loaded.

yes. same memory here

Confirmed.

Loaded aka Jimmy Zhong: https://en.wikipedia.org/wiki/Jimmy_Zhong

GOAT was the Lambo guy: https://www.lamborghini-talk.com/threads/i-bought-my-gallardo-with-bitcoin.61298/

Great docu telling of the Loaded story… I remember him posting here on the WO years ago…
https://youtu.be/3Nq3ye-QCyM?si=szQypodArOSnMWO4
hero member
Activity: 938
Merit: 1891
bitcoin retard
I have just noticed that we are about reach the 21 BTC = $2M figure... Not so long ago still considered somewhat (YMMV) an "entry level fuck you money" figure. Probably not anymore except for some third world countries... but still an interesting historical milestone...

$2M is a LOT




One whole millionth of the Earth's (and Universe's) total btc supply... only entry level?

Yeah, just imagine one millionth of all silver.



I like paper money (because I'm an old fart). But it seems so out of date...
legendary
Activity: 3990
Merit: 4597
I was pondering the theoretical possibility that US would go for a bitcoin reserve (it might be quite possible, in fact).
If so, it would be relatively difficult to source btc without causing price jumps, considering competition from all over the world.

Alas, here is an idea: allow investors to trade in their bitcoin at a daily fair value (or even with a  small discount of 1-3%) to US treasury on a condition that $$ proceeds would be tax free at least at the federal level.

Trump was talking about making 'american" bitcoin tax free...above is the way to do it with both parties benefiting.

Additionally, another positive development would be to allow in-kind bitcoin redemption (and creation) at ETFs.
So, you would be able to exchange bitcoins for ETF shares and vice versa.
It has to be a nontaxable exchange too in order for this to work.
Benefit: it is easier to get a loan against a security as securities borrowing market is well established.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Wasn't Goat the one that got arrested for stealing the 50k-ish silk road coins and he pretty much gave them to uncle sam in a trade for a relatively light sentence?

I thought that was Loaded.

yes. same memory here

Confirmed.

Loaded aka Jimmy Zhong: https://en.wikipedia.org/wiki/Jimmy_Zhong

GOAT was the Lambo guy: https://www.lamborghini-talk.com/threads/i-bought-my-gallardo-with-bitcoin.61298/
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com
hero member
Activity: 938
Merit: 1891
bitcoin retard
Wasn't Goat the one that got arrested for stealing the 50k-ish silk road coins and he pretty much gave them to uncle sam in a trade for a relatively light sentence?

I thought that was Loaded.

yes. same memory here
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