The train has not left the tracks. Chugga chugga choo choo...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6397. (Read 26706963 times)
January 04, 2021, 11:08:58 AM
The train has not left the tracks. Chugga chugga choo choo...
January 04, 2021, 10:39:41 AM
Slack down... Remote workers worldwide extending their EOY holiday. Bullish?
January 04, 2021, 10:33:30 AM
Now that’s a healthy correction..
Pause, regroup.. March!
Pause, regroup.. March!
January 04, 2021, 10:23:15 AM
Interesting interview with the ex CEO of UBS and Credit Suisse (only in german unfortunately):
https://www.bzbasel.ch/wirtschaft/bankerlegende-oswald-gruebel-wir-gehen-in-eine-situation-wie-wir-sie-noch-nie-erlebt-haben-140356175
He actually sounds like some WO regular (of the JJG school as he mentions "Bitcoin" not the forbidden Crypto-word).
TL;DR: Way too much fiat (and debt) out there, debt-fiananced economic growth doesn't really work in the long run, stonks will correct heavily soon since massively overvalued currently, financial market implosion incoming though exact date not set yet.
Disclaimer: I don't like that guy at all, but I can agree to every statement he has made in this interview.
https://www.bzbasel.ch/wirtschaft/bankerlegende-oswald-gruebel-wir-gehen-in-eine-situation-wie-wir-sie-noch-nie-erlebt-haben-140356175
He actually sounds like some WO regular (of the JJG school as he mentions "Bitcoin" not the forbidden Crypto-word).
TL;DR: Way too much fiat (and debt) out there, debt-fiananced economic growth doesn't really work in the long run, stonks will correct heavily soon since massively overvalued currently, financial market implosion incoming though exact date not set yet.
Disclaimer: I don't like that guy at all, but I can agree to every statement he has made in this interview.
January 04, 2021, 10:04:36 AM
Starting to find out more about the Grayscale buyers now, Three Arrows Capital has revealed they own more than $1.2 billion in GBTC:
Quote
Three Arrows Capital has disclosed a more than $1 billion position in Grayscale's Bitcoin Trust in a new filing submitted to the U.S. Securities and Exchange Commission.
The move by the Singapore investment firm follows a similarly large position in the trust placed earlier this year to capitalize on the premium at which it trades relative to bitcoin. Previously, the firm held 6.26% of GBTC shares, worth $259 million.
According to the most recent filing, the firm's position represents $1.24 billion. The firm's current position represents 36,969 bitcoin, or 6.1% of GBTC's holdings.
https://www.theblockcrypto.com/post/89928/three-arrows-reports-more-than-1-2-billion-position-in-grayscales-gbtc The move by the Singapore investment firm follows a similarly large position in the trust placed earlier this year to capitalize on the premium at which it trades relative to bitcoin. Previously, the firm held 6.26% of GBTC shares, worth $259 million.
According to the most recent filing, the firm's position represents $1.24 billion. The firm's current position represents 36,969 bitcoin, or 6.1% of GBTC's holdings.
January 04, 2021, 09:51:30 AM
Lately it seems to me they're eager to report about the honey badger. New ATHs are as good as losses of steam as long as they can put a snippet of news out. And lately, dips make for bigger news than ATHs (ATH? Yawn. Wake me up at 50k).
January 04, 2021, 09:51:24 AM
Bitcoin falls over 10% as record-breaking rally loses steam
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
I love how it takes days to report an ATH but a dip takes minutes.
January 04, 2021, 09:46:09 AM
Bitcoin falls over 10% as record-breaking rally loses steam
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
Haha that news item aged badly
January 04, 2021, 09:40:01 AM
Bitcoin falls over 10% as record-breaking rally loses steam
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
https://www.cnbc.com/2021/01/04/bitcoin-price-falls-as-record-breaking-rally-loses-steam.html
You hear that Average Joe retail losers? According to the MSM, the rally has 'lost steam'. It's over. Sell everything now.
January 04, 2021, 09:34:04 AM
Am I the only one who checks the price before and after sex to see how much we earned (or lost) doing it? 
I'm past that.
Now I check while on it just to be sure. My partners don't seem to appreciate that. Nocoiners... they just can't be helped.
Muahaha we think pretty much the same.. .
You must be a great mind
January 04, 2021, 09:17:37 AM
that was fast correction and now --- moon
January 04, 2021, 09:15:11 AM
Good morning Bitcoinland.
I see we had a nice little correction/dip all the way down to where we were the day before yesterday... currently $31711USD/40266CAD (Bitcoinaverage).
It's refreshing how quickly we recovered from a 20% dip.
As bad as it seemed at $28k, we still have a realistic chance at an ATH later today. Later this week is likely.
Bear fail. Go Bitcoin go
I see we had a nice little correction/dip all the way down to where we were the day before yesterday... currently $31711USD/40266CAD (Bitcoinaverage).
It's refreshing how quickly we recovered from a 20% dip.
As bad as it seemed at $28k, we still have a realistic chance at an ATH later today. Later this week is likely.
Bear fail. Go Bitcoin go
January 04, 2021, 08:45:19 AM
Dump for 🐜
Bears school report -
C
Must try harder
Bears school report -
C
Must try harder
January 04, 2021, 08:35:33 AM
Soon and you will pay your taxes in Bitcoin
January 04, 2021, 08:24:28 AM
Although, tax system will get an overhaul coming years. First prosposal rejected to increase first 30k free of taxes to 440k, above that amounth every 1000 euro you pay 0.33 cent in taxes.
You sure it's not 0.33 euros?
Getting used with 0.33 ''Bitcoin'' i guess.
lol.
January 04, 2021, 08:20:47 AM
Although, tax system will get an overhaul coming years. First prosposal rejected to increase first 30k free of taxes to 440k, above that amounth every 1000 euro you pay 0.33 cent in taxes.
You sure it's not 0.33 euros?
January 04, 2021, 08:16:44 AM
Capital gains tax isn't as bad as you think: long-term, our tax system is worse. Depending on how much you own, you pay 0 to 1.76% savings tax per year.
At the highest rate (which, unfortunately, I don't pay), you're down 16.3% in 10 years. In 20 years, taxes take 29.9% and in 40 years you lose 51.8% to taxes. At least a capital gains tax is only once and you're done.
At the highest rate (which, unfortunately, I don't pay), you're down 16.3% in 10 years. In 20 years, taxes take 29.9% and in 40 years you lose 51.8% to taxes. At least a capital gains tax is only once and you're done.
That's why i don't tell them how much i hodl longterm, not going to pay unnecessary taxes.
Although, tax system will get an overhaul coming years. First prosposal rejected to increase first 30k free of taxes to 440k, above that amounth every 1000 euro you pay 33 cent in taxes.
They will lower it to 100k ore even lift it to 500k, i don't know yet, final prosposal will be more clear later this year.
You can use these new tax rules into your financial planning, for example; if they accept the new 440k free of taxes rule you can sell 400k worth of corn at each 4 year cycle high. So you only pay taxes with the coins they know about. It doesn't matter anyway, it will be laughable. Next question will be, are you happy with 100k each year ore 8300 euro every month?
January 04, 2021, 08:00:13 AM
Free Pro Tip, If the pussy is green, back the fuck up.
Maybe Gwyneth should consider adding some cesium to her candles? They would glow even when not lit.
January 04, 2021, 07:58:42 AM
Bitcoin is searching for a bit of space and made a move like it's your turn, now Altcoin and Etherum are on the rise. Later, let's see what happens, let's go to wait and see if we can fully experience a situation like 2017.
January 04, 2021, 07:57:27 AM
Past 31k already.
This wasn't even a correction.
This wasn't even a correction.
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