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1461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2019, 12:34:49 AM
Busy at the moment so do not have more than 10 seconds to spare. But from Wikipedia:

Quote
The Sixteenth Amendment was ratified by the requisite number of states on February 3, 1913, and effectively overruled the Supreme Court's ruling in Pollock.

Also from Wikipedia:

Quote
Sixteenth Amendment ratification arguments have been rejected in every court case where they have been raised and have been identified as legally frivolous.[3]

I am confident the other listed arguments are equally as frivolous.
1462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2019, 12:29:04 AM
Just sticking our nose above the line. Possible PAMP.

1463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 08:51:19 PM
It was interesting to learn than Schiff's dad, Irwin, died in prison 3 years ago as part of his protest/boycott on federal income tax.

Fascinating. I had no idea they were related.
Peter Schiff published a moving memorial speech about his Dad Irwin.

https://schiffgold.com/commentaries/death-of-a-patriot/

Sorry I am going to call this out. This will be a highly unpopular post.

Dying chained to a hospital bed because you refuse to pay federal taxes is not the act of a patriot.

It is an act of greed, foolishness and stubbornness.  

Here is some great educational reading: https://www.paynoincometax.com/federalmafia.htm

Given he died in prison, maybe not such a good idea to follow his advice. 

Would you say the same of tank man at Tiennaman square?
Read Irwin s books, it's all documented truth  https://www.paynoincometax.com/federalmafia.htm

I’ll make you a deal.  Find one original great concept / idea / principle in that book and quote it with a page reference from the pdf.   If it is not drivel, I will read it.  But I sincerely doubt there is anything but self serving drivel and right wing conspiracy theories in that book.
1464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 08:40:47 PM
It was interesting to learn than Schiff's dad, Irwin, died in prison 3 years ago as part of his protest/boycott on federal income tax.

Fascinating. I had no idea they were related.
Peter Schiff published a moving memorial speech about his Dad Irwin.

https://schiffgold.com/commentaries/death-of-a-patriot/

Sorry I am going to call this out. This will be a highly unpopular post.

Dying chained to a hospital bed because you refuse to pay federal taxes is not the act of a patriot.

It is an act of greed, foolishness and stubbornness.  

If you have not read the evidence (I gather you have not), you may wish to retract your claim.

I have read the Code. I have read the legislative register. In contrast to what the IRS claims, there is no law nor regulation which subjects the regular income of US persons to an assessment of income tax.

Of course, the IRS claims differently. As was once famously said (Voltaire?) It is dangerous to be correct when your government is incorrect. So I have stopped tilting at that particular windmill, and pay according the illegal assessment as per the various 1040 forms. And reel in disgust each time.

Dude. 16th Amendment, followed by the Revenue Act of 1913?

I googled that in less than 10 seconds.

Edit:  here is the text of the 16th Amendment

Quote
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
1465  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 05:41:46 PM
It was interesting to learn than Schiff's dad, Irwin, died in prison 3 years ago as part of his protest/boycott on federal income tax.

Fascinating. I had no idea they were related.
Peter Schiff published a moving memorial speech about his Dad Irwin.

https://schiffgold.com/commentaries/death-of-a-patriot/

Sorry I am going to call this out. This will be a highly unpopular post.

Dying chained to a hospital bed because you refuse to pay federal taxes is not the act of a patriot.

It is an act of greed, foolishness and stubbornness.  

Here is some great educational reading: https://www.paynoincometax.com/federalmafia.htm

Given he died in prison, maybe not such a good idea to follow his advice. 
1466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 10:32:42 AM
I'm pleased to see so many fellow observers acknowledged my checkout post. Thanks guys!

At the moment I'm in a bit of a dilemma. I've got a double position as I often do. A long, in the green, and a much smaller short (size is about 20% of the long), in the red. Overall at the moment I'm profiting about 1.5% of the play stash. The dilemma is: close everything or just let it run?

I'm not afraid of the long being liquidated: that would take an apocalypse (under 4k as it is now). The short is so underleveraged it can't actually be liquidated. I've set stops to close the short in profit if it dips, even a slight correction would do.  So the long is safe even if she goes lower than my conservative estimate, since closing the short would boost my margin. If she goes UP UP UP, I will keep profiting with a slight 20% handicap because of the short. The issue is I don't want to miss out on a potential 12k+ run if it happens in these 3-4 weeks.

What would you do if you were in my shoes?


Too late for the advice, but:

*set a scaled take profit on the short and leave it.
* let the long run until December 2019, and potentially longer
1467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 07:48:23 AM
Uh oh, looks like the evil cult of Judaism will be put in camps for their crimes once again:



You right winger extremest types are so paranoid that when one of you throws their life away for one of your causes, the others all claim false flag bc something in the manifesto didnt match each of your personal ideologies point for point.

Roach I promise you if you wrote a manifesto, and then killed a bunch of Jews that all the other hard core right winger nazi types would say you were a false flag operation bc only a Jew could love metal so much or some other nonsense they would come up with as they picked your manifesto apart.





It is unthinkable that a right wing extremist would actually do the sort of thing they threaten to do every day. Absolutely impossible that these guys would ever do exactly what they say they are going to do. 
1468  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 03:16:03 AM
r0ach HATES crypto, I get that, but his commentary ought to be read by anyone here at W.O. who is over 30 - 35 or so...

I dunno. 'Gold and Silver Good' is a pretty generic message that can be absorbed anywhere. I don't really see any need to swallow r0ach's flawed axioms at the same helping. Isn't Schiff or some similar goldbug's opinion not closed enough?

No one has done more to convince me that gold is a barbarian relic than roach
1469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 01:13:03 AM
We are ticking along nicely.  All going to plan.



the overlay is ok for the first 6 months.. the following 6 months its not so accurate, and afterwards its waaay off..

why do you insist in this bearish overlay?? 11400 usd on halving is depressing!!!  Angry  Sad

wheres my hopium?!?!?

go BTC gooo!!


You are reading it wrong / too literally.  

Yes it has diverged.  That in itself is an important signal. It means Bitcoin is currently running more bullish than it should.  We are running high and hot.   We are also in a seasonally weak period, which means we should expect general weakness, turbulence and flat lining - which is exactly what we are getting.  We should also start boosting in October, so look for $14k to be broken then, if not before.  If that doesn’t happen and we slump in October, then that is also important information.

What you do with this information is up to you.  But it’s better than fumbling in the dark like 95% of cryptokiddies.
1470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2019, 01:07:59 AM
We are ticking along nicely.  All going to plan.



Sweet, and it looks like we were correct. I will update in a few days (used ACH) to let you guys know how that Paxos portal worked out. I only tried withdrawing .005 so it should be  a no problem transaction for them.

Ok I’ll bite.  Paxos is a stable coin?  Works like Tether?  Anything special we should know?
1471  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 11:45:38 PM
We are ticking along nicely.  All going to plan.

1472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 11:24:54 PM
Bitcoin at $1: it'll never go to $10.

Bitcoin at $10: it'll never go to $100.

Bitcoin at $100: it'll never go to $1000.

Bitcoin at $1000: it'll never go to $10,000.

Bitcoin at $10,000: it'll never go to $100,000.

Never say never.

https://twitter.com/onemanatatime/status/1157636997206253568?s=21

Always one of best reminders Cheesy

How many bitcoins are available under $100k?

4 million? 5 million?

If people believe it is going to $150k, then zero
1473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 11:18:44 PM
I'm twelve pages behind and I'm leaving in a few hours. It feels bad to leave with a backlog to start  Embarrassed
I will be out for a month more or less, and my access to this forum will be very limited.
I hope she behaves while I'm not here. I will be checking on her anyway Wink

Maybe I'll be able to able to post before I leave. If not, see you in a few weeks.

Later dude have fun
1474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 09:29:51 PM
If I had to guess, I would say we are more likely to go down a bit from here over the next few days rather than upwards.  

HODLERS NOT AFFECTED

Nope, but users are. Wink

HODLers are a type (or a subset) of user.

Lol, I was going to say subset and you edited that in while i clicked. Smiley

I edited again, because I was so exited to say more and MORE and moar.  I need someone to tie me up, and turn off any voice command systems, too.

But what are investors that lose their keys? Grin

Community donators
1475  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 08:21:07 PM
If I had to guess, I would say we are more likely to go down a bit from here over the next few days rather than upwards. 
1476  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 07:37:30 PM
https://www.zerohedge.com/news/2019-08-04/when-teslas-crash-they-come-here-auction

If you ever crash your tesla, forget about repairing, forget about selling it to someone else. It is done. Dead.

Another reason to avoid that thing.

I guess so many people lease cars now that they don't care about that stuff. I dunno where that leaves the weirdos who actually favour owning things. I do know electric car insurance is significantly higher and tales like that must be why.

I wouldn't be too devastated if Amazon pulled that Taylor Swift album I touch myself to I was leasing from them. It's rather different if Tesla choose to brick me from 5000 miles away.

BMW are now charging a subscription to be able to use Apple Carplay. It's a slippery slope that's gathering pace.

Luckily I am fully stocked up with enough of these to last a lifetime.



I may sell some to favoured members from this thread with a full node installed.

The node will take a modest fee of 45% per transaction you send from the luxury of your walnut and leather interior.









  • Zerohedge FUD is best FUD
  • Anyone treating autopilot as an autonomous driving system is an idiot
  • Don’t crash your car, you aren’t 17 anymore
  • Anyone who doesn’t have full insurance is an idiot
  • Morris Marina?
1477  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 07:14:15 PM
I started buying in May 2014. I’ve never declared any tax at all. Correct me if I’m wrong but you only pay capital gains tax when you start to sell?

Only when you sell for fiat. If you convert to another digital asset you don't pay capital gains. At least not yet.

Not familiar with HMRC guidance on this point but this is highly unlikely.  All other major economies have CGT levied on any sale, including sale for other digital assets.  

Edit:  caught up now and see the issue has been sorted
1478  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 07:04:19 PM
Shitty mobile phone chart
https://i.imgur.com/j9fN0EE.jpg
What can you say on that chart or current situation of BTC? Love to hear yours.
Since in my lower time frames, I'm bullish.

We momentarily broke out of the wedge but now we are back inside it.
1479  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 12:13:14 PM
Shitty mobile phone chart

1480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2019, 12:02:28 PM
Fuck.

Right after I bought $100 worth of btc from $12300 it started to go down.

Observing $11680.

$1000 incoming.  Grin

Just Bitmex Exchange and their shorting games..... never use this exchange it is GOV owned.

Blame Arthur Hayes and his leveraged gambling games.

Bitmex causes most of the "Bart" patterns, with its chained long & short liquidations.

Can’t be arsed looking but I am sure Barts were around before Mex existed
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