https://www.atr.org/biden-capital-gains-tax-we-should-raise-tax-back-396-percent?ampBiden made the remarks on Wednesday, August 21 during an interview with Iowa Public Television: “I believe we should, in fact, the capital gains tax should be at what the highest minimum tax should be, we should raise the tax back to 39.6 percent instead of 20 percent,” "Households subject to Obamacare’s 3.8 percent Net Income Investment Tax end up paying a 23.8% rate. And under Biden’s cap gains scheme, such households will face a 43.4 percent rate." I dont think anyone brought this up yet on WO, and the media has hardly discussed it, but this is some serious shit if you are an American Bitcoiner like me. This would seriously affect my wealth when I cash out coins at key numbers like 100k and 1 million. Trump is "no fan of Bitcoin", but holy shit, at least he would never double my tax rate. My future ex Tulsi is out of the upcoming debate so Yang is the next best (ultra slim) hope for a true Crypto friendly candidate. Any tax crazy lefty gets nominated and Im team Trump. Mayor Pete I would predict is unlikely to make a major tax hike so he wouldnt be to bad for a dem nominee. Luckily after watching most of Grandpa Joe's interviews and debates I can confidently say that he has early dementia setting in fast and his brain would turn to mush in a grueling election. Hillary's past stumbling and feinting on the election trail looks competent to what Joe is starting to manifest. TLDR: Fuck Grandpa Joe. Bitcoin is the true candidate for 2020, everyone else is a pretender. There are many countries you could move your residence adress to. We gave you a list of alternative countries with no tax and many commented about their country tax situation. So if you have 1 million, there shouldn't be a big problem for you. Yeah no big problem, I can pickup a new language and build a new life for myself in just a week or two. Thanks buddy, what was I thinking  ..... Yes, actually moving to another country is a big problem for me. Not to mention the second you give up your American citizenship you are responsible for paying the full capital gains tax on property you are taking with you, whether you sell it or not. This would incur a huge tax on me for my Bitcoins, the vast majority I have been holding for 5 years. I would be forced to sell a large chunk of my coins prematurely as I moved to pay taxes. Also I have no interest in leaving and would much rather stay in the US for many reasons I wont get into, most of which are obvious to anyone who doesnt just make a habit of moving away to a foreign land. Grandpa Joe is not running me out of America bc he wants to raise my taxes. We will defeat Grandpa Joe and send him to the nursing home where he belongs. |
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https://www.atr.org/biden-capital-gains-tax-we-should-raise-tax-back-396-percent?ampBiden made the remarks on Wednesday, August 21 during an interview with Iowa Public Television: “I believe we should, in fact, the capital gains tax should be at what the highest minimum tax should be, we should raise the tax back to 39.6 percent instead of 20 percent,” "Households subject to Obamacare’s 3.8 percent Net Income Investment Tax end up paying a 23.8% rate. And under Biden’s cap gains scheme, such households will face a 43.4 percent rate." I dont think anyone brought this up yet on WO, and the media has hardly discussed it, but this is some serious shit if you are an American Bitcoiner like me. This would seriously affect my wealth when I cash out coins at key numbers like 100k and 1 million. Trump is "no fan of Bitcoin", but holy shit, at least he would never double my tax rate. My future ex Tulsi is out of the upcoming debate so Yang is the next best (ultra slim) hope for a true Crypto friendly candidate. Any tax crazy lefty gets nominated and Im team Trump. Mayor Pete I would predict is unlikely to make a major tax hike so he wouldnt be to bad for a dem nominee. Luckily after watching most of Grandpa Joe's interviews and debates I can confidently say that he has early dementia setting in fast and his brain would turn to mush in a grueling election. Hillary's past stumbling and feinting on the election trail looks competent to what Joe is starting to manifest. TLDR: Fuck Grandpa Joe. Bitcoin is the true candidate for 2020, everyone else is a pretender.
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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. 
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https://trends.google.com/trends/explore?geo=US&q=recessionhttps://trends.google.com/trends/explore?date=all&geo=US&q=recessionThese are the one yr and 15 yr google trend results for "recession". We are in the middle of a parabolic spike. I know everyone and their dog is talking about a recession, but this doesnt always mean a continuation of the bull market. The crowd was right last time google trends spiked and we were already three months past the stock all time highs at that point and soon crashed like a mofo. This time we are about one month past all time highs in stocks and seeing the first parabolic spike since the 2008 recession. The money printer in chief is once again going ape shit as Im sure visions of his recession induced casino bankruptcies are still fresh in his head. https://twitter.com/realDonaldTrump/status/1163472273388576768".....The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!" https://twitter.com/realDonaldTrump/status/1163472272612626433Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to “will” the Economy to be bad for purposes of the 2020 Election. Very Selfish! Our dollar is so strong that it is sadly hurting other parts of the world.. Jbreher grand world monetary reset may be coming sooner than later. Short term no comment, long term moon 
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like ivomm said, I can see any poster that gets a bit pissed off when it seems that such certainty is being called with down that it could get fence sitters and nocoiners and newbies to wait when they should be buying... because even if the likelihood of down looks so damned good, many times newbies, fence sitters and nocoiners should just be establishing a plan and taking action rather than waiting, as some of the down before up predictions seem to encourage, even if down before up might end up being correct. From long experience of markets, I have noted that this sort of balance (where there is excessive critique of bearish opinion) is invariably a significantly bearish sign for the stock/market involved. Could be, yet I don't believe that either ivomm or serveria were being excessive in their criticisms towards the bearish opinions, and like I said above, we might be getting too many newbies, nocoiners and fence sitters waiting when they should be buying and developing a plan for buying and taking a stake in BTC, for their own good. That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion.
Heh, I remember JayJuanGee denounces me as a bear once, even tho my posts were actually bullish.
Several times JJG once got annoyed at me for my various dumbass behaviors including my being too bullish and calling bottom and declaring a new Bull Market in December 2018. We are cool now though, and mostly bordering on being the best of buds......  247 days into the new BTCull Market and all is well. FTFY [/quote] Nice post JJG, long as usual, but well thought out while being entertaining with little to no redundancy. Kudos. At its very essence imo its pretty noble for serveria and ivomm to get mad about a bearish post, I mean its kinda one of things where the sound money cause is bigger than a personal prediction of where price will go. As a frequent partaker in Bullish propaganda production I respect this. My thing w ivomm was more about the actual content of his posts and how they werent accurate in their portrayal of what I actually wrote. I tried to address him directly on this and clear it up but he never responded, so Im just gonna forget about it and move on. You do bring up a good point about newbs and fence sitters that is gonna give me something to think about tbh. I dont want to steer them in the wrong direction bc there is never a bad time to buy Bitcoin and their newb brains may be fragile. I have some friends and fam that I would never mention short term bearish ideas to bc they might freak if they heard a die hard bull like me mention anything other than long term moon. I have more advanced hodler friends who I enjoy discussing short term predictions (bullish or bearish) with and bouncing ideas back and forth, and many on WO fall into this mold, but it is easy to forget about newbs observing WO from the shadows. Tricky sitiuation, I will have to think on it. This problem will solve itself for the most part in a few months when I go relentlessly long and short term bullish for month after month after month, but it will come up again of course. @majormax, unfortunately you bring up a good point and Ive noticed this phenomena and its current parallels as well. |
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That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion.
Heh, I remember JayJuanGee denounces me as a bear once, even tho my posts were actually bullish. JJG once got annoyed at me for being too bullish and calling bottom and declaring a new Bull Market in December 2018. We are cool now though, mostly...... 247 days into the new BTCull Market and all is well. |
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I think we need a countdown fellas  245 days into the new BTCull Market and all is well  via Imgflip Meme GeneratorGnight WO gents. Gonna sleep off some booze. |
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Naaaah you good man (@mindrust)
Keep speaking your mind/thought cause thats why we are here for
And if people would think wrong or wouldn’t like what you think, Then thats there problem!
Of course, Mic, nobody is forbidding anyone from speaking. Obviously not even neo-nazis like r0ach, unfortunately. But there are people who may be tempted to use their reputation to imprint fear in the others (which is a definition of FUD). How we can recognized it? If that person starts with something like "Bad news" when there is no news, or makes a bearish predicition which he repeats... I don't know, may be 10 times or more in the last 6 months. And if he openly admits that he missed the oportunity to buy at some price. Then it is obvious to me that we should not be influended by his dramatic chart analysis. That's all. May be they are wonderful persons in real life, but not everyone is so good like you Mic to give prizes and encourage others with the best possible advices. I've became a convinced hodler because of people like you, JJG, 600Watt, LFC Bitcoin, etc.... I mean, my ideas, education, understanding about Bitcoin meet completely theirs. Not because I believed the gloom and doom predictions. So my mission is to say openly the truth and encourage all to turn their back to the panic selling or waiting for unreal low prices because of trolling, FUD, etc. And as for lambie and mindrust, I believe they need some time to develop the right thinking. In this respect I said they are new to the Bitcoin world. Others learn faster. I needed only 10 months in the midst of all the fork and Chinese ban drama to develop my thinking and mental resilience both in losing and winning periods. But not everyone is the same. The problem is that the time is limited. And if someone is on the wrong track, soon he will miss the last oportunity for a massive profit. ivomm, i mostly like your posts. but here, regarding mindrust and lambie, you went on the wrong boat. it is a bit weird to suggest seasoned hodlers like mindrust they need to change their thinking. re read his posts, i don´t think he is a bear at all. let´s not get into strange fights, we are in the same team. please consider to apologize and let us move on. I disagree. Lambie said multiple times he expects a drop to 4900. And during the long 3 months climb he constantly said he is short term bearish. He was not right. He was hoping to buy at these levels but he will remain with the hope. The same applies for mindrust. He said he expects a drop to 7.5-8K, when he will enter with big money. Again, he will remain with his hopes. Such thinking is immature, no matter how long they hodl. I respect them, but this thinking may prevent them from realizing big profit. And if they post numerous times how they believe this will happen means something more for me: FUD. Ok, you wrote this while I was typing my last response so I have to address it to. I said I believed it could not go lower than 4900, thats a lot different than saying it will go there. I do think there is a solid chance for a drop to around 8k in the next month or two and yes I will deploy a fairly large amount of fiat there if it does, but it would only take my net worth investment in bitcoin from about 90 percent to about 95 percent. I will make a huge profit either way if Bitcoin succeeds. I dont think you are reading my posts, because I have made this abundantly clear multiple times. I am not trying to get you to sell. If you havent reached independent wealth status you should sell nothing imo. If you like Ill put a little note at the bottom of all my future short term bear calls that Ivomm should under no circumstance sell his coins |
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Naaaah you good man (@mindrust)
Keep speaking your mind/thought cause thats why we are here for
And if people would think wrong or wouldn’t like what you think, Then thats there problem!
Of course, Mic, nobody is forbidding anyone from speaking. Obviously not even neo-nazis like r0ach, unfortunately. But there are people who may be tempted to use their reputation to imprint fear in the others (which is a definition of FUD). How we can recognized it? If that person starts with something like "Bad news" when there is no news, or makes a bearish predicition which he repeats... I don't know, may be 10 times or more in the last 6 months. And if he openly admits that he missed the oportunity to buy at some price. Then it is obvious to me that we should not be influended by his dramatic chart analysis. That's all. May be they are wonderful persons in real life, but not everyone is so good like you Mic to give prizes and encourage others with the best possible advices. I've became a convinced hodler because of people like you, JJG, 600Watt, LFC Bitcoin, etc.... I mean, my ideas, education, understanding about Bitcoin meet completely theirs. Not because I believed the gloom and doom predictions. So my mission is to say openly the truth and encourage all to turn their back to the panic selling or waiting for unreal low prices because of trolling, FUD, etc. And as for lambie and mindrust, I believe they need some time to develop the right thinking. In this respect I said they are new to the Bitcoin world. Others learn faster. I needed only 10 months in the midst of all the fork and Chinese ban drama to develop my thinking and mental resilience both in losing and winning periods. But not everyone is the same. The problem is that the time is limited. And if someone is on the wrong track, soon he will miss the last oportunity for a massive profit. Did you read my last response to you? Im glad you are learning fast and salute your hodling and bullishness. I like that you have quickly developed mental resilience, hopefully you are almost all in like me and stay away from shitcoins. I dont know bc you never answered my question earlier. I agree in spirit with your sentiment about developing mental resilience when it comes to hodling. I came into Bitcoin with a resilience to never quit and risk it all which was developed during 7 years of being an entrepreneur. When it comes to risking everything Bitcoin was not my first rodeo. I suspect most everyone on WO is a heavily seasoned risk taker and most were taking big risks in life before Bitcoin was ever invented. Becoming the new financial elite isnt for the feint of heart! Roach is probably the biggest risk taker of all with his worthless bags of metals JK roach, they are worth a lil bit. I showed resilience on both ends of the spectrum. I was prepared for my coins to go to zero and not throw in the towel when we hit the 2015 low and my life savings had seen a massive depreciation. Didnt sell a coin. When I hit what to me was lifetime independent wealth status in August of 2017 I still didnt sell a single coin. True resilience will come to you when a bearish post from an uber bull like me doesnt feel like propaganda trying to induce you to sell sorry for taking a little jab at you buddy, its all in fun and in my nature. You will be happy to know that sometime in the next few months I will go into full on bull propaganda mode and every one of my posts will soothe your most bullish impulses. |
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Bad news.
After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.
I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.
Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's. Don't go to the dark side!  By the end of 2014 I had sold all other investments and after setting aside a large chunk for cap gains taxes I was 100 percent in Bitcoin. Cool story and time-wise very similar to mine, albeit I did not liquidate all fiat: left retirement portfolio intact (mainly due to penalties), but decreased my regular brokerage accounts 80% (at the time) since I did not want to borrow money. You have to sell fiat to buy corn, right? I don't think poorly of short term (or even long term) bears as long as their opinion is rational, like yours. Hopefully, long term is up, but fluctuations are to be expected. Stock market, on the other hand, is behaving in bipolar fashion. I am mostly out into short term bonds (before the rate cut as I was expecting a plunge) since I can handle just one asset class with super high volatility, not two or three. Nice to hear your story as well. I wonder if you had the same feeling I had in 14. I would sit back sometimes in surreal awe at how magic internet money had caused me to make such extreme financial moves and dominate many of my waking and sleeping thoughts. |
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My friend Mr. Goose asked me to post here to help out beginners. Here is the comment he was interested in https://bitcointalk.org/index.php?topic=178336.msg52175836#msg52175836Newbs here is my simple advice. Invest in King Bitcoin and nothing else except your own skills and or education. Make sure your income can sustain your lifestyle so you never have need to sell your investments in till you are good and ready. The time to diversify into stocks, bonds, land, etc will come, but for now King Bitcoin will be crushing them all in the coming years. Shitcoins are to be shunned like an STD. |
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Its strangely quiet around here. JJG took a day off  , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids. I did stop with quoting the troll But indeed with a small drop no r0ach ....... that is strange He is secretly in love w your woman. If you dont quote him it bothers him lol |
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Bad news.
After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.
I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.
Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's. Don't go to the dark side! Cool story But let me clear up your misconceptions and mischaracterizations of yours truly. Ive been over 90 percent net worth invested in Bitcoin since late 2014. I never sold the vast majority of my coins because I have solid income and have no need to. I never quit what I do for a living(because I love it ) even though I could easily never work again for a lifetime or two. Bitcoin is an investment and I am not new to the investment world as I have been an avid investor since buying my first mutual funds in 1996. When I really started looking into Bitcoin in late 2013 (I was aware of its existence in 2011 but had no clue what it really was) I was soon a believer. I bought my first coin in January of 2014, then started putting all my spare cash into it over the next few months. By summer I was such a staunch believer I was liquidating long term investments to buy more coin. By the end of 2014 I had sold all other investments and after setting aside a large chunk for cap gains taxes I was 100 percent in Bitcoin. I didnt sell a single coin until December 2017. Even after what I sold I was still over 90 percent net worth in Bitcoin. I did make some purchases of cheap coins around the 4k mark and under but I left some fiat ready just in case. I have been hoarding said fiat and gathering more fiat this year ready to deploy it for cheap coins. Yes the giant pump caught me by surprise and I missed out but I hardly consider it being punished. I would not be bothered much at all if I never deploy the fiat, its all just a game for me at this point and I like to make predictions like everyone else to keep up my interest in this beautiful investment we are all in. If I think we hit bottom then I have the balls to come in here like I did in December of 2018 and pound the table relentlessly despite however much some might have been annoyed at the surety of my claims. If I am short term bearish I dont mind sharing my views, although admittedly its not as enjoyable for my personal tastes to post bearishness. But it still must be done from time to time to ensure this doesnt become and echo chamber circle jerk where the only person who thinks we arent going to double each week is an incel Nazi advocate. Im here for my personal entertainment, just like everyone else including yourself im sure. Sharing opinions and memes is not an attempt to influence people into selling their coins, thats just silly. The point is to hear other opinions and get feedback on my own opinions with some laughs in between. You want honesty, and thats what you are getting from me. Perhaps you are only reading some of my posts and you dont have my whole story so if so its understandable if you dont know where Im coming from, but everything Im telling you I have said before. Ive been consistent since I had my first account here "The Doxing" in 2015 which was banned from posting for doxing a Financial Times writer who trolled here. I dont remember you calling Hairy a fudster or liar in 2018 when he was bearish for month after month. I also dont want to be rude sir, bc you have always been a good guy in my book, just have to clear the record. TLDR: Just bc I think the price is going down short term doesnt mean Im not massively invested in Bitcoin in an almost reckless fashion and have been for 5 years. FFS I dont own a single stock, bond, property, metal, or shitcoin. Just King Bitcoin, a car, and some filthy USD itching to buy more corn. Can you say the same? Pray with me to whatever god you may fancy that everyone goes to the "darkside" Im on, bc BTC will be the global reserve currency on that same day. @cryptotourist - morning buddy! |
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Its strangely quiet around here. JJG took a day off , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids. |
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Bad news. After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.  I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100. Yes, it bears repeating that I see no special reason for 9k to hold. We keep testing close to it and neither newbs or institutions are stepping in en masse to buy corn at that price. Lots of people, myself included are saying to themselves they will buy cheap corn if it gets to around 8k. Question is will they chicken out at that point if the doom callers start pounding the table or will they give us the big volume green dildo we need. I dont think it can possibly go lower than 4900 but Im guessing that somewhere between 7500-8500 would put an end to this minibubble correction. Im not calling bottom till I see a shit ton of buyers or 4900 whichever comes first. My bet is bargain boyz step in with corn bags blazing around 8100.  via Imgflip Meme Generator |
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I want to smoke Armstrongs hopium but I dont trust the Shitcoiner in Chief.
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We didnt get the kind of volume I was looking for yesterday in the relief rally for me to believe in it. Expecting more down till I see a shitload of buyers(bargain boyz ) stepping up to the plate.  via Imgflip Meme Generator I dont know if the ponzi boyz are really dumping, but people dont seem really eager to buy corn when it dips sub 10k. I think 8k's will do the trick. Also google trends getting back to april levels doesnt get me excited. https://trends.google.com/trends/explore?geo=US&q=bitcoin |
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