Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5545.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: lightfoot on April 28, 2021, 08:16:54 PM

Quote from: Elwar on April 28, 2021, 02:05:26 PM

Quote from: lightfoot on April 28, 2021, 10:41:31 AM

Taxes are kind of a price to pay to live in a civilized society.

If civilisation is built upon involuntary extortion...it's not really civilised is it?

Indeed! In fact this extortion for services should be removed. The first place of course is the grocery store: People should be allowed to take what they wish and pay whatever they believe is "fair".

That's kind of where your argument is going and it's not a good place. But truth be told that sort of "voluntary cooperation" was requested of people in 2020 and oddly enough a significant number chose to be "free riders" with respect to using cloth masks. So it don't work.

End of line. :-)

Asking people to voluntarily stop watching the TV doesn't work. You're right about the "free riders" ruining everyone else's life by not cooperating.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Quote from: JimboToronto on April 29, 2021, 09:03:03 AM

We need a couple of good days to finish April in the green. We haven't had a red month since last summer.

Remember how many people thought April was going to be a breakout month? We're lucky it's almost sideways.

The shouty loud mouthed crypto YouTubers are now saying breakout will definitely happen tomorrow. Roll Eyes

Meh.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Good morning Bitcoinland.

Still trucking along sideways in the mid $5xxxx range... currently $53807USD/$66100CAD (Bitcoinaverage).

We need a couple of good days to finish April in the green. We haven't had a red month since last summer.

Remember how many people thought April was going to be a breakout month? We're lucky it's almost sideways.

Quote from: friends1980 on April 29, 2021, 06:43:17 AM

No more haikus here
For more than twenty pages
Where has the love gone?

Of course no haikus...
It's the middle of the week.
Save them for Sundays.

Paashaas

legendary

Activity: 3512

Merit: 4557

PlanB made it to Forbes with his 'remarkably accurate' price prediction model.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: Torque on April 29, 2021, 08:26:20 AM

Bait-n-switch right on cue, just like 2017 all over again.

Yep, I'm seeing the same shit. Irritating.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: LFC_Bitcoin on April 29, 2021, 08:20:49 AM

Quote from: somac. on April 29, 2021, 08:06:31 AM

Getting pretty tired of this Bitcoin going essentially sideways for weeks on end while all the other shitcoins go up for no apparent reason. I mean shit look at all the large investors and institutions rushing out there to buy binance coin, what a stampede. /sarc

Waiting is the hardest part.

Feeling impatient & bored myself. I have a sell strategy which to sell X amount of bitcoin every $2,500 price rise, all the way up to $200,000. I’ve only sold 6 bitcoin in this bull run so far (up to the ATH).

Much more exciting times to come in 2021 but I am bored too.

Much smarter people than me think we’ll be bouncing around in a sideways trading range between $50,000 & $75,000 until the end of summer so more patience required unfortunately.

Moon confirmed Q4 of 2021 though.

I guess if we moon after the summer it is all worth it, but the waiting sucks.

It really reminds me of 2013. Big move, lots of excitement, pause for 6 months and lots of excitement again. The pause didn't seem to suck as much back then though, probably because I wasn't checking the charts constantly I guess. I really need to stop doing that, just check once a day or something.

Torque

legendary

Activity: 3780

Merit: 5429

Bait-n-switch right on cue, just like 2017 all over again.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: somac. on April 29, 2021, 08:06:31 AM

Getting pretty tired of this Bitcoin going essentially sideways for weeks on end while all the other shitcoins go up for no apparent reason. I mean shit look at all the large investors and institutions rushing out there to buy binance coin, what a stampede. /sarc

Waiting is the hardest part.

Feeling impatient & bored myself. I have a sell strategy which to sell X amount of bitcoin every $2,500 price rise, all the way up to $200,000. I’ve only sold 6 bitcoin in this bull run so far (up to the ATH).

Much more exciting times to come in 2021 but I am bored too.

Much smarter people than me think we’ll be bouncing around in a sideways trading range between $50,000 & $75,000 until the end of summer so more patience required unfortunately.

Moon confirmed Q4 of 2021 though.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Getting pretty tired of this Bitcoin going essentially sideways for weeks on end while all the other shitcoins go up for no apparent reason. I mean shit look at all the large investors and institutions rushing out there to buy binance coin, what a stampede. /sarc

Waiting is the hardest part.

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

Quote from: Richy_T on April 29, 2021, 12:28:07 AM

Y'know, one alternative to taxation is for the government to just print the money it needs. We're basically there anyway and it avoids all that messy taxation business. This only works at the federal level obviously 'though it would be interesting if it extended to the state level too.'

A bit of competition between currencies and the ability for people to express confidence in the various levels of government with exchange rates would probably be quite revealing.

You started really strong as I love the idea of the fed government saying no federal taxes. We will simply print the money. This will be a 5 year plan to get us over the covid.

I Would love to see the world's reaction to that bold move.

Two more days to 70k

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

100k now!
Coz a "fuck you" said at work,
Cannot be unfucked!

#fuckyouhaiku

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: friends1980 on April 29, 2021, 06:43:17 AM

No more haikus here
For more than twenty pages
Where has the love gone?

we are busy now
bickering amongst ourselves
come back in two weeks

#haiku

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

Quote from: friends1980 on April 29, 2021, 06:43:17 AM

No more haikus here
For more than twenty pages
Where has the love gone?

#nohomo

It's not about love.
A WOer's hat sums it up:
"Cocaine and Hookers!"

#c&hhaiku

friends1980

legendary

Activity: 1582

Merit: 1059

nutildah-III / NFT2021-04-01

No more haikus here
For more than twenty pages
Where has the love gone?

#nohomo

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: Millionero on April 29, 2021, 03:48:30 AM

Quote from: Biodom on April 28, 2021, 01:55:05 PM

Quote from: vapourminer on April 28, 2021, 01:26:11 PM

nah moving corn between addys under your control is not taxable. its like when you top your hot wallet up or xfer to/from an exchange. the taxable event occurs when you finally convert btc to fiat or anything else (altcoin, gold, etc), not from the coin itself moving around.

You are right, it is not, but somehow Coinbase used to portray (in their tax docs?) the move from their account to your personal one as a sell.
Not sure if it still holds true.

Yeah, something like 5 or 6 years ago I withdrew some USD from Coinbase and they sent me a 1099K recording the amount as a payment for services -- like Coinbase was paying me for something.
Of course all such statements get sent to the IRS too.
Funny thing is, it was money that I had deposited in Coinbase and later withdrew. So it wasn't capital gains, it wasn't a payment, it wasn't anything. I never made a single transaction, no buy or sell, nothing. It was me moving my own money around. Sending out a 1099K for shit like that is insane. It's indefensible.
Even if I had sold some coins, and had capital gains, that has to be calculated from my exchange transaction records. You can't go by bank transfers. And you don't record capital gains on a 1099K anyway. The whole thing is beyond idiotic.

Fortunately, the IRS apparently had enough sense to know that a 1099K from a bitcoin exchange made no sense and ignored it.
And from what I understand, Coinbase has stopped sending out 1099K's.

thats about how i remember it too. iirc it was the year they 1st sent out 1099ks, the same year (i think) they 1st gave up the account info to the IRS for anyone who had transacted over some amount (10k?). as taxes are based on the actual trade history my accountant said dont worry about it so i didnt.

they still do 1099ks i got one for 2020. gemini sends 1099ks too.

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Quote from: El duderino_ on April 29, 2021, 06:18:58 AM

PO....short for, politici observer

Well it's interesting. I only really follow politics of the Netherlands, UK and the USA.

- Democrats in the USA are systematically trying to silence opposition and favour welfare over working (and if you disagree or want strong borders you are simply a racist), to become some type of Chinese communism as has been pointed out.
- The UK political opposition parties are more concerned over a flat decoration than anything related to citizens with regards to easing lockdown dates or worried about the economy. Any distraction is used to attack the sitting government rather than important issues.
- The Dutch politicians have given up caring about citizens completely or even notices they still exist it seems.

In all 3 cases I would argue we are obviously paying far too much tax for any of this nonsense / theatre to continue, nor is it necessary to continue for the average citizen.

They could literally shrink these governments to about 10% and the average citizen would only be better off I think.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

PO....short for, politici observer

bct_ail

legendary

Activity: 2660

Merit: 2229

https://t1p.de/6ghrf

Quote from: Paashaas on April 29, 2021, 05:10:47 AM

'Damn huge': Germany opens op to institutional crypto funds.

Quote

In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1.

The measure has been hailed as a big boost to Germany’s position as a financial investment hub, and experts believe it will nurture the crypto industry as a whole by further legitimizing the asset class.

That is huge, for sure. Grin

But will end in tight regulation for the little citizen who must be protected. Embarrassed

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Motion of no confidence against Mark Pinocchio Rutte and his cronies of the temporary Dutch cabinet.
Of course he survived a motion of no confidence himself just a few weeks ago, and the cabinet fell back in January before the already planned elections.
A new cabinet hasn't been formed yet.

I didn't know it was even possible a temporary cabinet could get a motion of no confidence.

Exactly how many lives does Mark Rutte and his cronies have you have to wonder?
It is definitely more than an average feline animal I reckon.

Does anything relating to citizens actually ever get discussed in the Dutch government?

They're making Italian politics look stable.

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: xhomerx10 on April 28, 2021, 10:39:01 PM

It's time for MSM to start ragging on those bastards who leave their electrical appliances plugged in needlessly; wasting energy that could be used for moar bitcoin mining! Of course that's not as sensational so I wont hold my breath.

hooray! more green devices. great. they may have their place in some applications. but i absolutely hate devices that power themselves down after a period of inactivity.

like, i prefer a media playing device (for example) to stay on "pause" for 6 hours (or 6 days), ready to play at my slightest whim, instead of having to boot up and find (probably manually) my spot when i cued it because it decided to power down.

soon all light bulbs will power themselves down. unless you prove youre still in the room there via flicking the switch every five minutes. i imaging those wifi controlled led lights can probably already do that.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5545. (Read 26607866 times)