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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28706. (Read 26708717 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

EEEE i don't want to invest in bitcoin because it will go up like crazy and i will have gains to declare
EEEE sooo mmmm ill buy some stocks so i can declare losses  


ya ok.




no, better take profits now and pay no taxes.

That's extremely stupid if one thinks there is a single chance of Bitcoins going much higher. BTW, I'd hate to live in a country where state knows what you have on some Bitcoin exchange Tongue
hero member
Activity: 624
Merit: 502
More reputable news sources are calling FUD:
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140326000064&cid=1102

Meanwhile...
http://gigaom.com/2014/03/27/stripe-launches-a-bitcoin-pilot-for-mobile-internet-payments/

EDIT: Just a 'what if?' article but fits in well with the development on identities, links, emails etc. integration.


Is the first article referring to today's events or last Fridays?
legendary
Activity: 1106
Merit: 1007
Hide your women
taxing capital gains is often taxing inflation


I never thought about that before, but you're right. They're taxing a tax.  The criminal part of my mind thinks that is the best scam ever. Now I wonder how you could tax a tax on the tax. A 1040 filing fee?
legendary
Activity: 1232
Merit: 1011
no, better take profits now and pay no taxes.

so are you better of to sell your BTC, then immediately buy it again?


I paid them 30 bucks each. so fuck yeah - its good time to short, sell, whateva.
legendary
Activity: 1918
Merit: 1018
taxing capital gains is often taxing inflation

People are now saving in BTC and are beginning to understand that their money isn't safe in banks, look at what happens each time there is a bank run : people can't withdraw more than small amounts each day or each week, it happened in Cyprus, it is happening in Crimea and it will happen in Europe

Everyone is going to get the advantages of being in control of your money and that a central authority cannot create more of that money when the USD Euro and Yen purchasing power will collapse in a short period of time
sr. member
Activity: 294
Merit: 250
no, better take profits now and pay no taxes.

so are you better of to sell your BTC, then immediately buy it again?
legendary
Activity: 1232
Merit: 1011
Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

EEEE i don't want to invest in bitcoin because it will go up like crazy and i will have gains to declare
EEEE sooo mmmm ill buy some stocks so i can declare losses  


ya ok.




no, better take profits now and pay no taxes.
legendary
Activity: 924
Merit: 1001

EEEE i don't want to invest in bitcoin because it will go up like crazy and i will have gains to declare
EEEE sooo mmmm ill buy some stocks so i can declare losses  


ya ok.

LOL
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

EEEE i don't want to invest in bitcoin because it will go up like crazy and i will have gains to declare
EEEE sooo mmmm ill buy some stocks so i can declare losses  


ya ok.
legendary
Activity: 924
Merit: 1001
Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

short at 525? madness. there only so many fools to sell and you cant count on fools.

we are looking for the bottom now.
legendary
Activity: 1008
Merit: 1003
WePower.red
You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.
Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss  Wink )

He is similar to the one guy (forgot his name - cooinseeker or smth like that?) from one year ago first being pro-ripple and anti bitcoin with sometimes reasonable facts. Then he figured out he can profit from bitcoin.
legendary
Activity: 1232
Merit: 1011
Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

fun times!
legendary
Activity: 2772
Merit: 1028
Duelbits.com
You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.
Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss  Wink )

He is smart guy, of course he understands some things.

But basically he is here to troll. I can't see me spending so much time at forum of something I find not interesting and destined to fail.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.
Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss  Wink )
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?
I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.


Thanks, I am holding either way, I've made 25 x what i initially invested so am pleased with that, but interested to hear what the plausible outcomes could be. People on Western exchanges would be mad not to buy up these cheap coins, but what do I know!?

Jorge thats brokers

buy a bitcoin!
legendary
Activity: 2772
Merit: 1028
Duelbits.com
You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.
hero member
Activity: 504
Merit: 500
Moderator
URGENT:

Price is about to sky rocket for the next 5 days.
Bitcoin will not be banned again in China until Monday!
CHoooo Choooo
legendary
Activity: 1106
Merit: 1007
Hide your women
So what if, just if, the PBOC announces tomorrow that the news is inaccurate? How much of a rebound? Wouldn't want to be short if that happened.

OTOH, if FUD is confirmed, it's just Fear and Doubt because the uncertainty is removed. Seems like more upside than down to me.

Oh, mighty Whale Gods, deliver us from margin calls.
hero member
Activity: 624
Merit: 502
Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?
I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.


Thanks, I am holding either way, I've made 25 x what i initially invested so am pleased with that, but interested to hear what the plausible outcomes could be. People on Western exchanges would be mad not to buy up these cheap coins, but what do I know!?
hero member
Activity: 624
Merit: 502
put mah87 the ripple troll on ignore, like we all do

Did months ago, in terms of troll skills she/he pales in comparison to Fonzie, he's my favourite!
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