I hear bears crying, all around us  |
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the 500BTC wall has regenerative shields DO NOT attempt to destroy it.  |
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soon their will be no more bitcoin to be bought  |
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I would love to know who is throwing around this kind of money. Already supported @135 with 1350. sheesh.
it might be a few bots following each others lead, break the triangle and poof all the bots believe bitcoin should now be worth more. |
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Here we go!
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Yes, I am expecting the current trend to continue to 180 and maybe even to a new ATH.
The news surrounding bitcoin is unprecedented, and the fact that most speculators are not speculating on these new developments, and instead pretending that everyone will suddenly lose confidence and sell it down to new lows, is kinda weird...
I understand that 2011's bubble deflated much futured down, but thats because everyone lost confidence and sold, this is clearly not going to happen today, the only thing that can save you bears is if some retarded whale starts dumping coins in a panic as another country declares bitcoin legal tender.
News = whatever. Nothing unprecedented. And it's priced in. By the same token, it's quite clear looking at the chart that one could say the same about whale buyers. Without these intermittent whale buys, there is no volume to be seen. lol, this is exactly what i'm talking about. the bubble started with news of wordpress, and now the news we've been seeing these days is viewed as Nothing Special. WEIRD! Bitcoins were worth $10 back then. Now $130...... again, priced in. Could you give some examples? Things that are significant now for price movement, that weren't a week ago, or 2 months ago, for instance? This is somewhat bullish. A six page spread in The new issue of maximum pc http://m.imgur.com/a/6dDHQWTF is Maximum PC? Do they have more than 1000 readers? they have 21K twitter followers 74K facebook likes seems like a small mag, but still ya more than 1000 readers |
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how can they make such a bold prediction?
i mean even I don't go that bullish publicly...
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The CRA told the CBC there are two separate tax rules that apply to the electronic currency, depending on whether they are used as money to buy things or if they were merely bought and sold for speculative purposes.
"Barter transaction rules apply where BitCoins are used to purchase goods or services," Canada Revenue Agency spokesman Philippe Brideau said in an email.
move to canada. So that's not taxable? In the US, gains on barter transactions are taxable based on market value, unfortunately.  ya its taxable, here too, no one actually decaires barter tx on their income taxes tho... not sure if its income tax or VAT tax, steal your money because we can tax, idk... Yeah, agreed, I would never think to declare gains on barter ordinarily. I'm more just thinking in the context of bitcoins, with sizable gains. Tax man makes me nervous.  the worst that will happen is Tax man demands more money. hope for the best be prepared for the worst?  A friend recently got fucked, and now owes like 70K, because he wasn't declaring the scrapping he did for years, and he was doing it with a buddy splitting the profits 50-50 and now he's stuck with 100% of the tax liabilities.... there is a bright side to declaring more income, the banks will want lend you more dirty fiat! and you can buy a really big really over price house ( later to be repossessed when the interest rate goes to 15% and you can't make the payments anymore! ) |
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The CRA told the CBC there are two separate tax rules that apply to the electronic currency, depending on whether they are used as money to buy things or if they were merely bought and sold for speculative purposes.
"Barter transaction rules apply where BitCoins are used to purchase goods or services," Canada Revenue Agency spokesman Philippe Brideau said in an email.
move to canada. So that's not taxable? In the US, gains on barter transactions are taxable based on market value, unfortunately. ya its taxable, here too, no one actually decaires barter tx on their income taxes tho... not sure if its income tax or VAT tax, steal your money because we can tax, idk... |
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Bitcoins were worth $10 back then. Now $130...... again, priced in.
Could you give some examples? Things that are significant now for price movement, that weren't a week ago, or 2 months ago, for instance?
you can pay your rent in bitcoin now
No, I can't. My landlord doesn't accept bitcoins. I suppose I could work with some no-name company like billpayforcoins to send a company check to my landlord through Bitpay (what % cut they take TBD)... but I can also just convert to fiat and pay myself. So why would I do that?
I could have done that several months ago, too, in the midst of the last downtrend.
or use this old service that now allows bitcoin payments, IF your landloard uses this old service, http://www.prweb.com/releases/2013/8/prweb11063422.htmbecause if you spend it you don't pay capital gains tax. can't pay capital gains tax without any capital gains The idea is cool, unfortunately never heard of them. Still, same deal. Pay through Bitpay and and eat fees. Re taxes, do you have a legal basis for saying that, or are you just playing with words? I don't think I agree, and anyone considering that route should have a sitdown with a good attorney. The term "fair market value" comes to mind in re to US tax code. Don't know about Canada, but again..... tax attorney. Specifically, Section 988 of IRC seems to account for a "gain from the sale or other disposition of property" which is a taxable event. The CRA told the CBC there are two separate tax rules that apply to the electronic currency, depending on whether they are used as money to buy things or if they were merely bought and sold for speculative purposes.
"Barter transaction rules apply where BitCoins are used to purchase goods or services," Canada Revenue Agency spokesman Philippe Brideau said in an email.
move to canada. |
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If i was in the US, i would be Coupon Crazy too...
the show Extreme Couponing or wtv its called, totally blows my mind.
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Bitcoins were worth $10 back then. Now $130...... again, priced in.
Could you give some examples? Things that are significant now for price movement, that weren't a week ago, or 2 months ago, for instance?
you can pay your rent in bitcoin now
No, I can't. My landlord doesn't accept bitcoins. I suppose I could work with some no-name company like billpayforcoins to send a company check to my landlord through Bitpay (what % cut they take TBD)... but I can also just convert to fiat and pay myself. So why would I do that?
I could have done that several months ago, too, in the midst of the last downtrend.
or use this old service that now allows bitcoin payments, IF your landloard uses this old service, http://www.prweb.com/releases/2013/8/prweb11063422.htmbecause if you spend it you don't pay capital gains tax. can't pay capital gains tax without any capital gains |
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$77 Saturday, September 14, 2013
does this low peak estimate still stand? I understand it may not take place on that day, however, I'm curious value wise. No. I feel even less confident about going out more than one reversal. And I don't think we have seen the first one yet. Thanks... I feel a reversal coming as well, just can't put a value on it  this thread is going to cost a lot of people a lot of bitcoin... there's nothing to indicate a reversal is coming... Which people do you mean? The 50 people who read my posts? lol lol i'm sorry I trolled your thread, i can't help but spread bullishness everywhere. |
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i hope i'm ok i was listening for a few mins just now... |
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Yes, I am expecting the current trend to continue to 180 and maybe even to a new ATH.
The news surrounding bitcoin is unprecedented, and the fact that most speculators are not speculating on these new developments, and instead pretending that everyone will suddenly lose confidence and sell it down to new lows, is kinda weird...
I understand that 2011's bubble deflated much futured down, but thats because everyone lost confidence and sold, this is clearly not going to happen today, the only thing that can save you bears is if some retarded whale starts dumping coins in a panic as another country declares bitcoin legal tender.
News = whatever. Nothing unprecedented. And it's priced in. By the same token, it's quite clear looking at the chart that one could say the same about whale buyers. Without these intermittent whale buys, there is no volume to be seen. lol, this is exactly what i'm talking about. the bubble started with news of wordpress, and now the news we've been seeing these days is viewed as Nothing Special. WEIRD! Bitcoins were worth $10 back then. Now $130...... again, priced in. Could you give some examples? Things that are significant now for price movement, that weren't a week ago, or 2 months ago, for instance? you can pay your rent in bitcoin now |
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Don't you mean bitlisten? I thought listentobitcoin was bought by malware scammers with trojans. what? i did not know |
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would you be open to sharing your database?
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this idea could revolutionize trolling!
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I see around 8k 24hr volume on gox... and Thursday is an action day.... Expect sub-5k volume each weekend day... Srsly, how is the value of 11 mil coins decided by this ridiculous level of volume? Not good. Bitcoin is dead...Or it is being used in trade, you know, commerce... Would be good to pull a running metric of how many transactions vs how many on gox also a huge amount of coins are traded off of the exchanges. i have not used an exchange in well over 2 years. Sit back, listen to bitcoin, and relax! |
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