Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 704. (Read 26469139 times)
March 03, 2024, 01:03:30 PM
March 03, 2024, 12:41:52 PM
March 03, 2024, 12:18:59 PM
Chart Buddy slappin'.
Will Smith vs. AI bot.
He don't stand a chance!
Saylor buys again...
How many coins are enough?
You greedy bastard!
Fast trains and rockets.
Not even Musk can compete.
Faster-than-light speed!
Apple Watch or Gear,
No watch is ever complete,
Without the Chopper!
PlanB chart revived.
First red dot showing the way,
To nine hundred k!
Shuriken timer?
Looks like a blender to me.
Careful with that thing!
What an awesome week!
10k up since last Sunday.
Way to go, Bitcoin!
#7wodigestsundayhaikus
Will Smith vs. AI bot.
He don't stand a chance!
Saylor buys again...
How many coins are enough?
You greedy bastard!
Fast trains and rockets.
Not even Musk can compete.
Faster-than-light speed!
Apple Watch or Gear,
No watch is ever complete,
Without the Chopper!
PlanB chart revived.
First red dot showing the way,
To nine hundred k!
Shuriken timer?
Looks like a blender to me.
Careful with that thing!
What an awesome week!
10k up since last Sunday.
Way to go, Bitcoin!
#7wodigestsundayhaikus
March 03, 2024, 12:05:57 PM
Accounting Standards Update 2023-08 might be an important contribution to the special status of this bull cycle. It has been mentioned before, but the consequences haven't struck me until now.
This update to accounting rules states that some assets (you know the C word? Well, bitcoin in particular) have to be accounted at fair value in balance sheets. "Fair value" in this context is basically market value. It used to be different: With the old rules, if you had bitcoin on your balance and you bought low, you'd still look (balance wise) as poor as when you bought it. With the new rules, you appear to be as rich (balance wise) as the bitcoin price allows.
The update will become mandatory at the end of 2024, but companies could opt in by the end of 2023. Some well known entrepreneurs opted in as early as they could. Guess one name? Michael "Lazereye" Saylor.
Why is this such a big deal? Because it allows companies to stuff btc in their balance sheets in place of cash or gold; btc that can be bought, hedl there and left to grow, selling only when necessary. In other words, the new rules could (and I'm guessing, will) turn several companies (again: think MicroStrategy) into followers of JimboToronto's way:
We still have no idea what's coming, guys. Or should I say gentlemen?
This update to accounting rules states that some assets (you know the C word? Well, bitcoin in particular) have to be accounted at fair value in balance sheets. "Fair value" in this context is basically market value. It used to be different: With the old rules, if you had bitcoin on your balance and you bought low, you'd still look (balance wise) as poor as when you bought it. With the new rules, you appear to be as rich (balance wise) as the bitcoin price allows.
The update will become mandatory at the end of 2024, but companies could opt in by the end of 2023. Some well known entrepreneurs opted in as early as they could. Guess one name? Michael "Lazereye" Saylor.
Why is this such a big deal? Because it allows companies to stuff btc in their balance sheets in place of cash or gold; btc that can be bought, hedl there and left to grow, selling only when necessary. In other words, the new rules could (and I'm guessing, will) turn several companies (again: think MicroStrategy) into followers of JimboToronto's way:
"Buy whenever you can, sell only when necessary."
We still have no idea what's coming, guys. Or should I say gentlemen?
Well I will suggest that you can buy whenever you want and still sell your bitcoin at your own will because change can actually happen at any given time it be today tomorrow or next probably it can also be very high before the end of this month or as time goes on......
March 03, 2024, 12:03:30 PM
March 03, 2024, 11:12:29 AM
Bitcoin soars high,
Sixty-two thousand dollars,
Vegeta's new peak.
Sixty-two thousand dollars,
Vegeta's new peak.
62 is cheap compared to what people will be paying
March 03, 2024, 11:03:43 AM
March 03, 2024, 10:46:09 AM
Here we go again.
please be talking about bitcoin... please be talking about bitcoin... please be... damn!
March 03, 2024, 10:40:42 AM
Bitcoin soars high,
Sixty-two thousand dollars,
Vegeta's new peak.
Sixty-two thousand dollars,
Vegeta's new peak.
March 03, 2024, 10:01:18 AM
March 03, 2024, 08:26:26 AM
Here we go again.
March 03, 2024, 07:01:08 AM
Hey Guys, Dune Too for free:
Needs one of the Harkonens to pop up at the end for a shock gif.
March 03, 2024, 06:05:29 AM
Accounting Standards Update 2023-08 might be an important contribution to the special status of this bull cycle. It has been mentioned before, but the consequences haven't struck me until now.
With the old rules, if you had bitcoin on your balance and you bought low, you'd still look (balance wise) as poor as when you bought it. With the new rules, you appear to be as rich (balance wise) as the bitcoin price allows.
With the old rules, if you had bitcoin on your balance and you bought low, you'd still look (balance wise) as poor as when you bought it. With the new rules, you appear to be as rich (balance wise) as the bitcoin price allows.
I hope this won't be a precursor of taxing the 'unrealized capital gains'.
I don't know the tax code too well, but I doubt they would (or could) do that to companies.
March 03, 2024, 04:03:52 AM
About who are next to adopt Bitcoin:
Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc
Watching this video as just increase or should I say skyrocket the passion I had for bitcoin, indeed bitcoin is hope 😊 Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc
March 03, 2024, 03:56:41 AM
. March 03, 2024, 03:02:49 AM
March 03, 2024, 02:01:24 AM
March 03, 2024, 01:03:23 AM
March 03, 2024, 12:40:14 AM
About who are next to adopt Bitcoin:
Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc
Michael Saylor’s Talk at Bitcoin Atlantis 2024 in Madeira
https://www.youtube.com/watch?v=_dtCYRDL4yc
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