Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 382. (Read 26496686 times)
July 22, 2024, 10:01:15 PM
July 22, 2024, 09:49:58 PM
well he passed some terrible laws that effectively ended the 2017 bull run.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
I think, per usual, it was a maelstrom of negative events that ended that bull run... There was massive run-ups leading to profit taking, the collapse of Bitconnect, the end of the halving bull cycle, etc. Certainly new tax laws going into effect also contributed.
The strangest thing is it was Trump narrowly avoiding assassination that caused an uptick in my beloved DOGE. Then when Biden stepped down, DOGE went up again. I think it ties into the whole Elon phenomena, since he announced his support for Trump.
Now the latest rumor is Biden is literally dying. We may see a few weeks where Kamala Harris is actually president before the end of the year. All the sudden Trump is now the liability as a candidate. Will be an interesting second half of the year, for sure.
July 22, 2024, 09:21:22 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
Bitcoin tax holiday. Lower capital gains taxes. Deregulation. Reserve currency. Game theory.
Profit.
well he passed some terrible laws that effectively ended the 2017 bull run.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
I don't remember this happening as you describe it.
Do you mean TCJA (tax cuts and jobs act)?
That one had some positives as well as negatives.
Negative was that you could basically deduct only the standard deduction and you can put in only $10k in RE tax.
charity for middle class became mostly meaningless since you still just get a standard deduction.
Another negative-you could not recharacterize the Roth conversion (from IRA) back to IRA-that one hurt as it was very useful if a stock price declined.
Positive-20% deduction on a pass through income for businesses, immediate expensing in section 179.
All and all-for me, personally, taxes did not change much.
It ended all like kind trading on Jan 1 2018.
It only had one exception real estate [duh]
This created a tax report if you trade any coin for any other coin.
Ah, that..I was not doing it anyhow, so missed that "minor" point.
Not sure if the original 'status' was more logical than the current one.
July 22, 2024, 09:11:33 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
Bitcoin tax holiday. Lower capital gains taxes. Deregulation. Reserve currency. Game theory.
Profit.
well he passed some terrible laws that effectively ended the 2017 bull run.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
I don't remember this happening as you describe it.
Do you mean TCJA (tax cuts and jobs act)?
That one had some positives as well as negatives.
Negative was that you could basically deduct only the standard deduction and you can put in only $10k in RE tax.
charity for middle class became mostly meaningless since you still just get a standard deduction.
Another negative-you could not recharacterize the Roth conversion (from IRA) back to IRA-that one hurt as it was very useful if a stock price declined.
Positive-20% deduction on a pass through income for businesses, immediate expensing in section 179.
All and all-for me, personally, taxes did not change much.
It ended all like kind trading on Jan 1 2018.
It only had one exception real estate [duh]
This created a tax report if you trade any coin for any other coin.
July 22, 2024, 09:01:14 PM
July 22, 2024, 08:31:30 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
Bitcoin tax holiday. Lower capital gains taxes. Deregulation. Reserve currency. Game theory.
Profit.
well he passed some terrible laws that effectively ended the 2017 bull run.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
I don't remember this happening as you describe it.
Do you mean TCJA (tax cuts and jobs act)?
That one had some positives as well as negatives.
Negative was that you could basically deduct only the standard deduction and you can put in only $10k in RE tax.
charity for middle class became mostly meaningless since you still just get a standard deduction.
Another negative-you could not recharacterize the Roth conversion (from IRA) back to IRA-that one hurt as it was very useful if a stock price declined.
Positive-20% deduction on a pass through income for businesses, immediate expensing in section 179.
All and all-for me, personally, taxes did not change much.
July 22, 2024, 08:10:10 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
Bitcoin tax holiday. Lower capital gains taxes. Deregulation. Reserve currency. Game theory.
Profit.
well he passed some terrible laws that effectively ended the 2017 bull run.
But its 2024 and who knows what he does monkeying around if he gets in.
But his 2017 laws passed on dec 31 2017 sucked.
July 22, 2024, 08:01:14 PM
July 22, 2024, 07:01:16 PM
July 22, 2024, 06:05:08 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
Bitcoin tax holiday. Lower capital gains taxes. Deregulation. Reserve currency. Game theory.
Profit.
July 22, 2024, 06:01:14 PM
July 22, 2024, 05:46:15 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
Trump has done a lot to hurt btc. But who knows maybe he will help it this time.
July 22, 2024, 05:01:14 PM
July 22, 2024, 04:26:12 PM
Today I ordered this full extras Mercedes-AMG GLC 43 4MATIC Coupe 2024. I'll have to wait 6 months to get it, though. The good thing is that by then Bitcoin price will be much higher and the lease payments besides my salary part, will cost me less in terms of my stash. My realistic hopes are for the price to be such that it will be below 4% of my stash. I still can't believe how my desicions to start accumulating and hodling in 2016-2017 are bringing me such change and joy now. New town, new home, new job, new car and with the crossing of 100K possibly even a big house and a villa. Besides, I have a fulfilling lifestyle in a town with many culture events, restaurants and hospitals. I'm very happy!
Nice car! You have definitely earned it!
July 22, 2024, 04:19:44 PM
I want a Kamala Harris & Liz Cheney ticket. I would certainly pick them over Trump & Vance.
I'd like to see that ticket for the opposite reason.
July 22, 2024, 04:01:17 PM
July 22, 2024, 03:01:14 PM
July 22, 2024, 02:25:11 PM
Today I ordered this full extras Mercedes-AMG GLC 43 4MATIC Coupe 2024. I'll have to wait 6 months to get it, though. The good thing is that by then Bitcoin price will be much higher and the lease payments besides my salary part, will cost me less in terms of my stash. My realistic hopes are for the price to be such that it will be below 4% of my stash. I still can't believe how my desicions to start accumulating and hodling in 2016-2017 are bringing me such change and joy now. New town, new home, new job, new car and with the crossing of 100K possibly even a big house and a villa. Besides, I have a fulfilling lifestyle in a town with many culture events, restaurants and hospitals. I'm very happy!
congrats
Would cost nearly over here around 3.5 btc in overall incl insurance.
July 22, 2024, 02:01:14 PM
July 22, 2024, 01:33:10 PM
Barack Obama, the sponsors , George Clooney and Soros pushed him for sure.
Which makes you wonder who the president of the USA actually is and/or if it actually matters.
Which makes you wonder who the president of the USA actually is and/or if it actually matters.
I don't think it's one specific person running the country, but certain it's not Biden. It's most likely a conglomeration, probably the same names behind the Federal Reserve, and they're the same people behind most nations' central banks.
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