Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8930.

makrospex

sr. member

Activity: 728

Merit: 317

nothing to see here

Quote from: fillippone on November 17, 2019, 02:23:10 AM

Hello WO gang!
Observing 8,471@stamp
All is good, 1BTC =1BTC

Look who entered the art contest!
https://bitcointalksearch.org/topic/m.53096814

Merited.
Hats off! Cool

fillippone

legendary

Activity: 2380

Merit: 17063

Fully fledged Merit Cycler - Golden Feather 22-23

Hello WO gang!
Observing 8,471@stamp
All is good, 1BTC =1BTC

Look who entered the art contest!
https://bitcointalksearch.org/topic/m.53096814

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

this sucks

alevlaslo

hero member

Activity: 1988

Merit: 593

Sell, wait for 3200 and then buy bitcoins. In altcoins there is no sense at all, bitcoin will screw everything if necessary: masternodes and instantsend from DASH, side chains and DEX from Komodo, a large block from BSV, smart contracts from BCH, etc. Altcoins are only needed for testing new technologies

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: Searing on November 16, 2019, 10:52:47 PM

Quote from: HI-TEC99 on November 16, 2019, 04:54:42 PM

Quote from: Biodom on November 16, 2019, 04:38:59 PM

Quote from: HI-TEC99 on November 16, 2019, 04:04:47 PM

Quote from: Biodom on November 16, 2019, 12:01:48 PM

Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).

This golden nugget is relevant to some US bitcoiners right now. How many will be moving to South Dakota before cashing out to avoid capital gains tax?

https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

Quote

South Dakota has no income tax, no inheritance tax and no capital gains tax

The perpetual trusts thing seems a massive deal, and probably will be relevant to Bitcoin later on.

Well, hold your horses, there are still federal taxes, including capital gains tax. It's not written very clearly.
The only no cap gains tax for US citizens is the Puerto-Rico deal, but it is only until 2035 and only on cap gains AFTER you domesticated/moved your assets there.
Plus, you HAVE to reside there 183 days/year.

That explains why nobody has already suggested South Dakota.

I read about the pros and cons of the Puerto-Rico deal here. Like you say, it's complicated.

https://cointelegraph.com/news/are-tax-moves-to-puerto-rico-worth-it-for-crypto-holders

I thought there was a tax in Puerto Rico has a 10.5% sales tax https://www.avalara.com/taxrates/en/state-rates/puerto-rico.html

https://en.m.wikipedia.org/wiki/Taxation_in_Puerto_Rico

Still confused about if/how or if you pay any Commenwealth Taxes or Provencial Taxes on top of the above.

That's a very confusing article.
Maybe read this one instead:
https://prbusinesslink.com/act-22/

Personally, I am too lazy and set in my ways to uproot myself, but there are a bunch of youtube videos that describe the experience.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: HI-TEC99 on November 16, 2019, 04:54:42 PM

Quote from: Biodom on November 16, 2019, 04:38:59 PM

Quote from: HI-TEC99 on November 16, 2019, 04:04:47 PM

Quote from: Biodom on November 16, 2019, 12:01:48 PM

Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).

This golden nugget is relevant to some US bitcoiners right now. How many will be moving to South Dakota before cashing out to avoid capital gains tax?

https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

Quote

South Dakota has no income tax, no inheritance tax and no capital gains tax

The perpetual trusts thing seems a massive deal, and probably will be relevant to Bitcoin later on.

Well, hold your horses, there are still federal taxes, including capital gains tax. It's not written very clearly.
The only no cap gains tax for US citizens is the Puerto-Rico deal, but it is only until 2035 and only on cap gains AFTER you domesticated/moved your assets there.
Plus, you HAVE to reside there 183 days/year.

That explains why nobody has already suggested South Dakota.

I read about the pros and cons of the Puerto-Rico deal here. Like you say, it's complicated.

https://cointelegraph.com/news/are-tax-moves-to-puerto-rico-worth-it-for-crypto-holders

I thought there was a tax in Puerto Rico has a 10.5% sales tax https://www.avalara.com/taxrates/en/state-rates/puerto-rico.html

https://en.m.wikipedia.org/wiki/Taxation_in_Puerto_Rico

Still confused about if/how or if you pay any Commenwealth Taxes or Provencial Taxes on top of the above.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote

“Stick to rounding up everyone who should be rounded up,” it said. “If they’re there, round them up.”

https://www.nytimes.com/interactive/2019/11/16/world/asia/china-xinjiang-documents.html

Quote

Secret teams of investigators traveled across the region identifying those who were not doing enough. In 2017, the party opened more than 12,000 investigations into party members in Xinjiang for infractions in the “fight against separatism,” more than 20 times the figure in the previous year, according to official statistics.

Mr. Wang may have gone further than any other official.

Quietly, he ordered the release of more than 7,000 camp inmates — an act of defiance for which he would be detained, stripped of power and prosecuted.

https://www.nytimes.com/interactive/2019/11/16/world/asia/china-detention-directive.html

STT

legendary

Activity: 4102

Merit: 1454

Quote from: Lambie Slayer on November 15, 2019, 12:03:25 PM

Unfortunately our fates are intertwined with them so the prophecy can be fulfilled.

Tota Lege
The fit is perfect for the thread

Quote

Everyone's question is whether the halving has been priced in already or not.

No its still retracting from the last wave, people jumping the gun and getting fingers muzzle burnt.

Quote

We already have unlimited blocks and built-in pruning in physical silver.

Confirmation is reliable but a little too slow for the modern world, you already know silver is not compact enough to be used by itself. Silver and gold are going to be more used then now for sure but so will many things beyond FIAT.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: Negotiation on November 16, 2019, 07:58:26 PM

Quote from: Lauda on November 16, 2019, 07:36:21 PM

Quote from: Negotiation on November 16, 2019, 07:25:08 PM

Quote from: Lauda on November 16, 2019, 07:15:13 PM

Moon when?

You know better than everyone else causes you are "Legendary", I still think it's later this month not 100% accurate There is a possibility.

Everyone's question is whether the halving has been priced in already or not.

Yeah same to me a lot of time discussion BTC price and halving a lot of people said that bitcoin pumped and movement near "halving" but not sure people just idea, that so bitcoin is the real main pairs so opinion going more and more so that we have conception "Moon soon" before halving.

A halving doesn't get priced in. It might get temporarily pumped by whales beforehand to screw over the noobs, but, that's it. The halving is purely a supply and demand thing. Over the long term, the reduced supply will absolutely increase the price, provided demand remains the same or increases. I've said it before, mathematically bitcoin is designed to always increase in price, just as fiat money is designed to reduce in price.

The reduction in supply can't be priced in before hand, because there is too much supply to maintain a priced in (higher) price. Same as any commodity.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

https://youtu.be/AKQi3wzNFGQ ugh

HI-TEC99

legendary

Activity: 2772

Merit: 2846

Quote from: Lauda on November 16, 2019, 07:15:13 PM

Moon when?

When we get to the yellow bit on this chart.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: El duderino_ on November 16, 2019, 07:42:10 PM

via Imgflip Meme Generator

As you see....

A White Russian....

This might be talking ..... Kiss

Knew it! : Tongue

And... are those two drinks on the sides Margaritas? Hard to tell for sure with that lighting, but could perfectly be.

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

Quote from: El duderino_ on November 16, 2019, 05:52:28 PM

via Imgflip Meme Generator

Just had dinner + 1 gin tonic, drunk 2 bottles of wine with 4 (probably I had the most Roll Eyes

) after 3 amaretto and 1 limoncello

30 minutes later

New bar

UP is the menu what am I gonna take ??

Well, seeing how they don't list a
"Slow Comfortable Screw against the Wall"
I think you will have to go with the boring old "Sex on the Beach"

Negotiation

sr. member

Activity: 1204

Merit: 270

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Lauda on November 16, 2019, 07:36:21 PM

Quote from: Negotiation on November 16, 2019, 07:25:08 PM

Quote from: Lauda on November 16, 2019, 07:15:13 PM

Moon when?

You know better than everyone else causes you are "Legendary", I still think it's later this month not 100% accurate There is a possibility.

Everyone's question is whether the halving has been priced in already or not.

Yeah same to me a lot of time discussion BTC price and halving a lot of people said that bitcoin pumped and movement near "halving" but not sure people just idea, that so bitcoin is the real main pairs so opinion going more and more so that we have conception "Moon soon" before halving.

El duderino_

legendary

Activity: 2716

Merit: 13505