Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4563. (Read 26610480 times)

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
I think that you don't get the idea: instead of selling bitcoin and PAYING up to 50% in taxes, you get cash that you need now. Then, for example 3 years later (of course you borrow somewhere close to the peak price) when bitcoin is at ATH, you can use a FRACTION of bitcoin that you borrowed against to close your loan. Taking a loan would be having the necessary chunk of cash now, but effectively selling bitcoin at a price of 3 years LATER.

Point granted.
But I want to be my own bank.


At LTV of 25% the interest is 1%. You can't get a loan like this when you buy a house, at least in US.

I don’t want a loan, thank you very much. My keys - my BTC.


I am not planning to either sell or take a loan at the moment, but this "method" surely beats selling and paying a HUGE amounts of tax.
All rich do this.

Sorry, I’m not “all rich”, I’m the new kind of rich. Wink


How do you think Musk had billions to invest in Space X (he borrowed heavily against Tesla stock to the tune of billions)?

By shilling for shitcoins?
Musk is a verified attack vector on BTC.


TL;DR Want to pay lotta tax, sell; don't want to pay tax (lawfully), take a loan.

You don’t have to, if you don’t want to. Lawfully, in another country. Oh Pandora!


EDIT: you can also use a part of the loan to reinvest in bitcoin options, if you are super bullish or bearish and leverage your position.

I guess you missed my haiku.
When most BTC is owned by banks or custody's - giving in return whatever - it will have the same fate as gold. Heavily suppressed.

Let’s not do that, shall we?
BTC stands for power to the people.



Below is a post of mine that was deleted in another thread for being "off-topic," so I am reposting it here... because it would not be off-topic in these here parts.. and I believe it is an important point in regards to what some members might consider to be influencing (or threats to) bitcoin's current UPpity price pressures.

Nice one J. #nofomo
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2184
Merit: 1213
In 2013 Michael Saylor said "Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling". He changed his mind? Or just a good poker player telling us Bitcoin is future and at the end will hammer Bitcoin once he got out?
legendary
Activity: 3878
Merit: 1193
I haven't written much since computer printers got affordable. My handwriting is almost illegible now as I'm out of practice.

You're not the only one. I can barely sign my own signature these days.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

Oh gawd... you are amazing.. if you do not say so ur lil selfie.   Roll Eyes Roll Eyes

I know u guys love bitcoin. But it's flawed. U can't love math, it's just math. It's like loving a rock. Or those rock NFT jpgs. Smiley

Might we label it as ironic that you have been participating in this thread for so long, but you seem to have learned absolutely nothing... you don't even seem to understand bitcoin basics beyond recognizing that somehow maths are involved... go figure?

So in essence, you are amazing in your own right, as I already mentioned to be spewing out the same kinds of uninformed baloney-pieces that you were spewing out a few years ago... the only difference is that you failed/refused to strategically place CAPITALS and all bold in inopportune locations to emphasize the most unimportant pieces of your largely incoherent nonsense.

Hey, hold on a minute Jay,  AWOL wo bro Yogi Jbreher never strategically "placed CAPITALS and bolded locations" (Well he might have occasionally, but whatever...) and your lil selfie didn't bitch at him for not doing that.
I will acknowledge, however, you surely bitched about various other objectionable big block thingenings he indulged in and discussed on this here thread. Perhaps... perhaps??

This response is to Save the RF.. not jbreher.. so I am not sure about what connection that you are making.

I may seem bitter or wtf u say there, but I don't rly care much about anything. I eat cookies, chocolate, drink coffee and play video games all day long. (Keto cookies & chocolate and all organic ofc... Tongue  ... maybe I'l share my youtube channel with you guys one day... teach you 'poor folk' some cooking skills Shocked )  Cheesy  Cheesy
I believe that I saw one of your cookbooks.



Gotta love those little flash crashes.

Especially if you have PTSD after 8 years of Bitcoin holding Cheesy

The last 8 years have been pretty damned good.. I must admit.. even if there were some stressful periods in there too.. but if you had been erroring on the side of HODLing, as you say UnDerDoG81.. you really should not be complaining about the last 8 years... I mean, amazing.. really amazing for anyone with both any kind of meaningful vision for UPpity and also taking actual adequate and meaningful actions to actually attempt to adequately and meaningfully prepare for UPpity.

Just think .. buying a mere $10 per week of BTC for the past 8 years would have gotten you nearly 5 bitcoin and nearly $300k in value.. and I am not even going to say that $10 per week would have necessarily been adequate and meaningful preparation actions (depending on individual circumstances), yet the point is that we should have been (and should continue to be) erroring on the side of HODLing and/or accumulating BTC, as you even suggested UnDerDoG81.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
All I want to see is a new ATH. Is that too much to ask?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
The thing is that Math is cold. It's fixated, written down in stone, in cold hard facts. Rarely in quantum-bubble-sh!t-quark-space-farts-science math is delusional but that is not relevant in this context.
The conclusion is plain and simple: "Math is cold, and you cannot love something that is cold, it will give you coldness."  Grin  Grin ...  Cheesy  Cheesy  Cheesy

Show me on this doll where math touched you...
copper member
Activity: 1526
Merit: 2890
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!

Oh gawd... you are amazing.. if you do not say so ur lil selfie.   Roll Eyes Roll Eyes

I know u guys love bitcoin. But it's flawed. U can't love math, it's just math. It's like loving a rock. Or those rock NFT jpgs. Smiley

You can love math. To say that you can't love math is tantamount to admitting you don't understand math.

I didn't said I hate it, I didn't said "like", cuz I don't dislike it. Tongue

The thing is that Math is cold. It's fixated, written down in stone, in cold hard facts. Rarely in quantum-bubble-sh!t-quark-space-farts-science math is delusional but that is not relevant in this context.
The conclusion is plain and simple: "Math is cold, and you cannot love something that is cold, it will give you coldness."  Grin  Grin ...  Cheesy  Cheesy  Cheesy


*edit(): Or f^ckkkkk..... Love is warmth, maybe it attracts coldness. Sad  Shocked  Roll Eyes  Huh  Cool  Cheesy  Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2296
Merit: 2262
BTC or BUST
Weekly candle closed well over $60k just now right?

Face melt time?
legendary
Activity: 2772
Merit: 2846
Back in the day there were no calculators so multiplication tables were supposed to be memorized from 1 x 1 up to 12 x 12

a grid that was 12 by 12.

We had classroom contests to complete the worksheet fastest. The speed of my handwriting was the limiting factor in how fast I could complete it.

I haven't written much since computer printers got affordable. My handwriting is almost illegible now as I'm out of practice.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2296
Merit: 2262
BTC or BUST
Ok..

So it seems that those who are bitcoiners are widely of the subset that also like numbers..
Quite interesting..

For me, I have always loved watching exchange order books changin..
Never really traded off the charts, always traded off the books..

People always thought i was nuts just staring at pages of numbers all the time..
Recognizing patterns..


We may be discovering something about "what makes a bitcoiner" here..


Observing nice price also..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 370
Merit: 451
Common core math..

I think it’s rediculous how they try to teach solving math like that in the first place, but when I look at common core teachings it is like the processes I use to do math in my head..

132X50?

(132/2)100=66x100=6600
Does that make sense?



YES!

So a little background, in Kindergarten (5 yrs old) I was diagnosed as LD and my parents were told I'd likely never really succeed in school. But then in 1st grade my teacher recognized that I was dyslexic and systematic but with very low retention outside of the systems. She really struck a chord with me as I remember her telling my parents "They've diagnosed him with a learning disability & that is absolutely incorrect! They've got the right abbreviations but the wrong words. He has a learning Difference bit certainly no disability!"
So I was taught to view everything forward, backwards, and upside down all at once to determine which orientation logically fits. So when I was taught "multiplication tables" I quickly realized I can't memorize shit! BUT if multiplication is just a shortcut for adding, it's no problem! 1 times anything is itself, 2 times anything is just doubled, decimal points are completely movable within a calculation as long as you move it back when you're done,  so 5 times anything is just half with a decimal shift, and 10 times anything is just a decimal shift. From there it's just simple addition. 6x7 is just half of 7 plus 7, so 35 + 7 = 42. And since subtraction is just addituon undone, 4 x 12 is 60 - 12 = 48 Then there's division which is multiplication undone, so the cubed root of 27 is 3. Memorization is nothing but a temporal cheat sheet of the answers, you don't truly understand until you know the system by which to derive those answers.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Price going up yo
and me going to bed yo
See you tomorryo
Jump to: