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1541  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2021, 10:45:19 PM
Anyone advocating for more taxes has been watching too much MSNBC. It's not about feeling sympathy for people who have billions, it's about people thinking the government is their daddy.
[...]


Spot on, I would so have merited this if I had any.

I'll lend you one.
1542  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2021, 06:24:13 PM
Fair enough lots of new ones on the block, that have grown big in the last year like you said. But they said great things about those other ones too 3-4 years ago. Many promises that never came to fruition.
Most of the new ones will fall on their asses I think too and will probably not be able to hold the heights they may reach this cycle over a 4 year period.

As I said to my friend, many of these new coins, even if they have good ideas behind them (which most don't) have only small teams and will struggle to grow and survive. Like in a forest where the tall trees overshadow and prevent new growth. Maybe one will eventually prevail but that's a gamble with very poor odds.
1543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2021, 06:17:44 PM
In the case of the government, they will probably give it away.

To millionaires and billionaires, just to be clear. The poor it's claimed to be taken for usually only see a small fraction of it.
1544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2021, 04:04:48 AM
Well full title is "Biden to propose capital gains tax of 39.6% to fund education and child care, reports say". So your question is how Biden lovers here can love him when he proposes to raise taxes on top 0.3% of millionaires to fund education and child care?

1545  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 09:53:26 PM
I never really got this though: if the tax is fixed, why would you want to postpone paying the tax, if you have to pay it eventually anyway? Unless you're hoping for the tax to go down.

There are often allowances and sometimes longer time invested means lower tax.
1546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 06:23:21 PM
Destroy the economy and nobody has any reason or funds to travel. Simple.

We need to sit down and watch some Mad Max movies Richy. Do you have Leather chaps by chance?

That depends why you're asking.

Though in fact, whatever the reason, the answer is no. That's more a Harley guy kinda thing.
1547  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 06:18:29 PM
Just cut my own hair. I think it went OK but am sure my wife will either have a fit or keel over laughing.
1548  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 06:17:33 PM



Now imagine he’s hodling Bitcoin too!!!

On his way to Fort Knox, no doubt.
1549  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 03:23:23 PM
Biden promising to halve emissions by 2030.  Roll Eyes

Good luck with that.

I take it everyone gets a free Tesla helicoptered to their home and Biden is going to teach all American squirrels how to run on treadmills to generate electricity?

Destroy the economy and nobody has any reason or funds to travel. Simple.
1550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 20, 2021, 01:59:20 PM
We need a DOGE rug-pull ASAP.

We've needed a tether rug-pull much longer and more urgently and it's never come.

Ripple kinda had one but it wasn't enough.

Heck, the devs had to go out of their way to periodically deliberately rug-pull testnet Bitcoin because it started gaining value.
1551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2021, 08:41:11 PM
as long as we agree that living off the stash is not passive income, it is "living off the stash aka eating your seed corn", albeit if you don't foresee any more harvest seasons, eating seed corn is fine.

I agree with you in the strict definition but if you're thinking in filthy fiat, and think Bitcoin is going to be fairly monotonically increasing forever, it kinda amounts to the same thing. Neither of these notions are particularly good ideas though.
1552  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2021, 07:50:44 PM
Of course, if we keep most of our value in BTC (and maybe some in fiat), then we might consider ways to formulate systems that allow us to be able to draw from our BTC in some kind of way without having to either worry about the overly depletion of value within our intended timeframe or having psychological pressures regarding either from where to draw upon sources or that we might not have a sufficient cushion (your example of paying the $100 late bill).

If and when Bitcoin reaches stability, we will, of course, have to seek other options if we wish to grow our wealth. That'll likely be the traditional investment categories, stocks, shares, loans, the normal gubbins. Hopefully by that time, they will be denominated in Bitcoin. Just living off the stash might well be a reasonable option for many though.
1553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2021, 07:48:22 PM
That's a kind of thing that happens to each of us if we happen to be so lucky as to get older, even if such thing might NOT happen in such extremes, some variation of that does happen with age.

I'm pretty sure odd looking mustaches are optional. At least, I sure hope so.
1554  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2021, 07:45:51 PM
[novel]

1555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2021, 01:55:14 AM
Recovery looking nice. Might put a little ketchup on the ramen tonight.
1556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2021, 05:28:49 PM
1557  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2021, 04:21:02 PM
People who sign up now can't pretend they didn't know how shitty politicians are.

They sign up now knowing the recent history of the Iraq war and Afghanistan war etc...

Currently U.S. troops occupy about a third of Syria. Is it even remotely legal?

Can U.S. troops on the ground in Syria really say 'it's just politicians, we had no idea we might end up in Syria!'

Come on, you guys knew the recent history, yet you still decided to sign up, willingly.

Recruiting is reportedly difficult. Though already elements of mercenary armies are creeping in with groups like Blackwater (Now Academi. Don't be fooled by the name change). Probably they'll just go full mercenary before too long.
1558  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2021, 04:14:44 PM
Who else having ramen noodles in lunch today?

I may split one with the family. Then we arm-wrestle for the flavor packet. Second place gets the wrapper to use as bedding.
1559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2021, 04:12:16 PM
SECEDE!
Oh wait, they did that 160 years ago...

Nothing secedes like secess.
1560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2021, 02:49:41 PM
The ouch from last night  Grin

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