Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9524.

RoomBot

legendary

Activity: 2338

Merit: 1130

Quote from: RoomBot on August 23, 2019, 07:49:35 PM

Quote from: bkbirge on August 23, 2019, 01:41:02 PM

Quote from: Ibian on August 23, 2019, 01:34:24 PM

If a european moved to PR, what would the tax situation look like?

I'd be more worried about hurricane shelters than tax shelters in Puerto Rico. On the plus side, you probably won't run out of paper towels anytime soon.

No, Trump took all the paper towels back with him on AF1. Just a photo-op.

Wink

Don't ANYONE approach the Orange Cheeto about Bitcoin. He'll flip, he'll flop, he'll create total chaos. Keep him focused on the stock market, FFS.

RoomBot

legendary

Activity: 2338

Merit: 1130

Quote from: bkbirge on August 23, 2019, 01:41:02 PM

Quote from: Ibian on August 23, 2019, 01:34:24 PM

If a european moved to PR, what would the tax situation look like?

I'd be more worried about hurricane shelters than tax shelters in Puerto Rico. On the plus side, you probably won't run out of paper towels anytime soon.

No, Trump took all the paper towels back with him on AF1. Just a photo-op.

Wink

Biodom

legendary

Activity: 3892

Merit: 4331

Things are becoming more and more chaotic.
My preference would be for flat equities and for bitcoin to appreciate against this background.
It does not look this way at the moment.
Dow is actually below its Jan 22, 2018 value, some bull market we have. Oh, well.

I am still of the opinion that bitcoin needs at least a flat market to grow.
If stocks would get seriously smashed, btc would decline as well, at least initially.

Carney's libra-like ideas are meaningless without multiple major countries backing it and I don't see anyone even acknowledging it (so far).

STT

legendary

Activity: 4102

Merit: 1454

Quote

the most stunning thing to ever be unveiled at Jackson Hole - urging to replace the US Dollar with a "Libra-like" reserve currency

Maybe he is hoping for a million a year job with a company like that advising. The idea isnt new, its already in existance and I dont believe it was ever intended for one country to be the global reserve. It has always been intended to be split with various nations as a percentage reserve. I dont know what is in effect the case now but obviously Dollar is dominant in world trade for many reasons current and historic.

THe system thats already in operation and was last commonly mentioned around 2008 is the SDR system operated by the IMF. Again its FIAT basically with some gold and heavy political bias in there. SDR would take over from USD most likely. I think Carney is hoping to take over the IMF job that is changing if I remember the news right.

I would relate this to Alan Greenspan talking about gold standard, completely seperate to how he operated policy when in office really.

Millionero

sr. member

Activity: 807

Merit: 423

Quote from: El duderino_ on August 23, 2019, 06:13:41 PM

Quote from: HairyMaclairy on August 23, 2019, 06:06:56 PM

Quote from: gentlemand on August 23, 2019, 05:07:49 PM

Quote from: El duderino_ on August 23, 2019, 05:03:52 PM

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -

Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.

Truly, we are living in v strange times.

But Obama ordered a hamburger with Dijon mustard

https://youtu.be/cAvq12Sa3VE

So that makes it even

And in Pulp fiction... Samuel L Jackson gets crazy, we Belgium guys eating French fries with mayonaise Cheesy

Are you Flemish or Walloon?

Lambie Slayer

hero member

Activity: 994

Merit: 707

https://www.zerohedge.com/news/2019-08-23/unprecedented-shocking-proposal-boes-mark-carney-urges-replacing-dollar-libra

"Then along came former Goldman banker and current (outgoing) BOE governor, Mark Carney, who in his lunchtime address laid out a shocking, radical proposal - perhaps the most stunning thing to ever be unveiled at Jackson Hole - urging to replace the US Dollar with a "Libra-like" reserve currency in a dramatic revamp of the global monetary, financial and economic order."

I think Carney really just wants to make Bitcoin the Global Reserve, he just brought up "Libra-like" as a Trojan Horse. His Corn bags are full of course. Cool

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Nite mic

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

^
Turning around and back in HODLsleep.......

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Quote from: HairyMaclairy on August 23, 2019, 06:06:56 PM

Quote from: gentlemand on August 23, 2019, 05:07:49 PM

Quote from: El duderino_ on August 23, 2019, 05:03:52 PM

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -

Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.

Truly, we are living in v strange times.

But Obama ordered a hamburger with Dijon mustard

https://youtu.be/cAvq12Sa3VE

So that makes it even

And in Pulp fiction... Samuel L Jackson gets crazy, we Belgium guys eating French fries with mayonaise Cheesy

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: gentlemand on August 23, 2019, 05:07:49 PM

Quote from: El duderino_ on August 23, 2019, 05:03:52 PM

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -

Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.

Truly, we are living in v strange times.

But Obama ordered a hamburger with Dijon mustard

https://youtu.be/cAvq12Sa3VE

So that makes it even

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: bkbirge on August 23, 2019, 03:01:06 PM

Quote from: BitcoinGirl.Club on August 23, 2019, 02:47:25 PM

Quote from: Ludwig Von on August 23, 2019, 02:45:17 PM

Quote from: Ibian on August 23, 2019, 01:30:39 PM

Quote from: SuperTA on August 23, 2019, 12:17:23 PM

Quote from: bkbirge on August 23, 2019, 12:06:52 PM

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.

The tax man may not be able to track your transactions today. But it is a public blockchain and records are there forever. The tax man will eventually figure it out.

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: jbreher on August 23, 2019, 05:13:26 PM

Quote from: Raja_MBZ on August 23, 2019, 05:07:16 PM

This is amazing... back in 2009:

https://twitter.com/DrBitcoinMD/status/1165004233663496197

Yeah, but sad to see Hal make such a logic error. If the currency equalled the value of worldwide wealth, that would make all wealth the currency, leaving real wealth -- houses, cars, industrial equipment, agricultural stocks ... everything -- completely worthless.

household

And much like e v e r y t h i n g has a value in $ or whatever fiat atm, similarly, e v e r y t h i n g will have a value expressed in BTC.
No error in the logic there man. In the year 2140. Wink

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: lightfoot on August 23, 2019, 05:21:30 PM

I do wonder what happened to the "Oath Takers", those guys who would do anything to protect the constitution against an overreaching President.

Weird.

I think they're pissing in his Big Macs and the effects are slowly becoming increasingly apparent. All that Urea is forming crystals in his brain. I predict it will shatter on live TV.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Presented without comment

https://twitter.com/bitcoinmom/status/1164985323090132992?s=20

Quote

good good

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Quote from: gentlemand on August 23, 2019, 05:07:49 PM

Quote from: El duderino_ on August 23, 2019, 05:03:52 PM

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -

Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.

Truly, we are living in v strange times.

I do wonder what happened to the "Oath Takers", those guys who would do anything to protect the constitution against an overreaching President.

Weird.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Enough Mic spam Tongue

Of to the HODLnest for a good deep HODLsleep

rebal15

jr. member

Activity: 527

Merit: 6

Quote from: rebal15 on August 23, 2019, 05:05:47 PM

Quote from: g-uid on August 23, 2019, 02:46:00 PM

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."

R0ach: rebuttal?

The whole article is a shit. Hodlers agrees of shit if it is positive for bitcoin.

Correction:
some Hodlers agrees of shit if it is positive for bitcoin.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Contrarian view: 9080 was the bottom, ~one more month of sideways then we continue steadily upwards.

Don’t fight a once-in-a-millenium, civilization-changing phenomenon to try to snag a potential 8% off of a local short.

Don’t fight the trend.
Submit to it.
Embrace it.

https://twitter.com/MustStopMurad/status/1164937989774090241?s=20

[/quote]

It can go faster for me, but I can live with the idea of a steady op for a while

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole.
Then I drew this picture of me in my cell...

https://twitter.com/RealRossU/status/1164572903750295552?s=20
https://medium.com/@RossUlbricht/life-in-a-box-c1a90666fabd

Quote

If someone should get another chance.... what a waste of a young mans life Undecided

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Raja_MBZ on August 23, 2019, 05:07:16 PM

This is amazing... back in 2009:

https://twitter.com/DrBitcoinMD/status/1165004233663496197

Yeah, but sad to see Hal make such a logic error. If the currency equalled the value of worldwide wealth, that would make all wealth the currency, leaving real wealth -- houses, cars, industrial equipment, agricultural stocks ... everything -- completely worthless.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9524. (Read 26610081 times)