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2061  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 09:37:43 PM
A total horseshit about the 15% long term cap gains in US.

Say what now? Fuck. I may need to sell a chunk sooner-than-later for... reasons... if this is indeed the case.

Did a quick search online that there is some uncertainty about rate changes, and saw nothing about "15%" increase. Do you have a link to a story regarding your concerns?

Having trouble mentally coming-to-terms with an increased rate on Long Term Capital Gains. Shit's way more fucked up than I ever could have imagined if that's being floated.

Dear God we are all in a lot of trouble if so.

https://www.hklaw.com/en/insights/publications/2021/06/biden-administrations-fy-2022-budget-and-its-tax-increases

go to "American Families Plan" for effective dates. Bad (maybe good if sold beforehand) news-April 28, 2021 is the proposed effective date for cap gains.

new tax calculator:
https://www.forbes.com/advisor/taxes/biden-tax-plan-calculator/

caveat: this is not passed yet, but it probably will.
2062  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 09:06:04 PM
bottie-bot does not have a time machine to see what I did in 2014-2015, so it is trying to provoke a response with numbers.
Sowwy, I am NOT a sharing type.  Grin #nohomo
2063  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 07:30:40 PM
A total horseshit about the 15% long term cap gains in US.
The upper limit (currently) is 23.8% for Federal alone. Add more if your state taxes it as well, like Cali & NY. My state does not, which is a plus.
That 23.8% federal is about to move to 43.4%, I don't doubt it.

calculator:
https://smartasset.com/investing/capital-gains-tax-calculator
2064  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 04:33:45 PM
The "bot" always presumes too much and then falls into the trap of its own presumptions. But the volume, the volume...

1. Sometimes an example is just an example and nothing else. I am not here to discuss my personal stash, albeit others sometimes do (hat-tip).
2. Talking with worry about potential market decline does not mean selling. It could be just that-worry about a storm while hodling.
3. Taking profit, then paying extra taxes has not been my style, that's for sure.
4. Apart from smallish irrelevant stuff, I almost NEVER sell at the loss, unless it is beneficial on a small scale (cap gains reduction) and the project or stock is dead in my eyes.

I am a btc hodler, not a subscriber to a theory of selling when it is going up and buying when it is going down. I consider that theory wrong.
I would rather borrow cash when btc is closer to a steady state level than paying almost half of the gains in taxes.
50% tax (in US) is coming, bros. They have no money and therefore have to apply the squeeze.
2065  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 02:26:54 AM
I love it how people here like to speculate about members 'imaginary' stashes and 'f-k you' (FU) levels. Albeit, I am now logged in and don't see it anymore.
If someone tells me that they are not affected in the slightest when btc drops (or gains) 50% in a week, I would say...good for you.

Here is my description of FU levels for luls.

Lvl0 ~$2mil, a good/great number in a 3rd world country, a good FU number in the cheaper parts of US, NOT FU on the coasts.

Lvl1 ~$10 mil, a serious money. If you diworsify this amount from btc into stonks like VT (not rec this by any stretch of imagination), you would get 160-180 thou/year in divvies and could borrow against your equity to get ridiculously low % loans (like LIBOR [currently 0.12%]+0.5-0.75%). Considering that VT long term appreciation rate is ~7-8%, you are fine. FU, but not really rich.

Lvl2 ~$100 mil. Money is not a problem, you can easily buy multiple residencies in nice places (at least 3-4). Easy to generate $1.5mil-1.8mil/year in divvies plus approx $7 mil (on average) in appreciation/year. With ~$7 mil of annual budget, you are 'rich' in $$ terms.

Lvl3 ~$1000mil (1bil). You can meet anybody you want, politicians ask you for advice and for campaign contribs. Somewhere between Lvl2 and Lvl3 you become a "real" player.

EDIT: the funny thing is, if btc will ever reach the Hal Finney number ($10mil/btc) or PlanB (5mil/btc), then 20BTC bought, say, either in 2013 or 214-2015 for $4-5K (total) would be $100-200mil...that hat(funny typo!) person would be a player (if he/she would be able to hodl through). No wonder that the guy who sold the house for btc when btc was $900 now has btc secured in 4-6 locations (on all continents, lol).
2066  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2021, 12:12:45 AM
My body is ready for this seemingly endless accumulation/shenanigans to be over and btc moving beyond 1,2,3 etc tril (on the way to 10-11 tril first, then maybe 100 tril).
I think that we were tested enough in the last 8 years or even longer (for some others).
2067  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2021, 11:47:56 PM
... uh-oh a hard-hitting truthy video that Twitter and the vaccine nazis can't delete because it's a matter of public record being a public council hearing ... and it appears to be going 'viral', pardon the pun
https://mobile.twitter.com/SebGorka/status/1424603849952829442/
Quote
More COVID facts the CDC & Biden Administration doesn't want you to hear.

... hits all the best notes, vaccinated people can spread infections, likely that outbreaks amongst vaccinated people in the summer is evidence for Antibody-dependent enhancement of the virus, zinc, vitamin-D and early ivermectin is adequate therapeutic treatment to get lethality numbers to flu-like levels, etc

...tl;dr vaccines aren't the silver bullet they've been sold as, and maybe make things worse on population-wide scale

^^^This is your opinion and below are scientific facts that were just published.
peruse when you have time:
Summary (in a table form):
https://www.cdc.gov/mmwr/volumes/70/wr/mm7032e4.htm#T2_down
The whole article:
https://www.cdc.gov/mmwr/volumes/70/wr/mm7032e4.htm


... that CDC table link is well out of date now since it relates only to early strains of SARS-CoV-2, the delta variant is above 90% of new cases and has been dominant since April-May, e.g. Pfizer vax is only 37-47% effective against delta, Moderna maybe higher ~70-80%

Well, the table shows lives that were ALREADY saved. Maybe some would succumb later on, no one knows, but it is in the future, not the past.
I agree with the statement that all vaccines are NOT a silver bullet, but they help (on balance).
2068  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2021, 11:28:23 PM
... uh-oh a hard-hitting truthy video that Twitter and the vaccine nazis can't delete because it's a matter of public record being a public council hearing ... and it appears to be going 'viral', pardon the pun
https://mobile.twitter.com/SebGorka/status/1424603849952829442/
Quote
More COVID facts the CDC & Biden Administration doesn't want you to hear.

... hits all the best notes, vaccinated people can spread infections, likely that outbreaks amongst vaccinated people in the summer is evidence for Antibody-dependent enhancement of the virus, zinc, vitamin-D and early ivermectin is adequate therapeutic treatment to get lethality numbers to flu-like levels, etc

...tl;dr vaccines aren't the silver bullet they've been sold as, and maybe make things worse on population-wide scale

^^^This is your opinion and below are scientific facts that were just published.
peruse when you have time:
Summary (in a table form):
https://www.cdc.gov/mmwr/volumes/70/wr/mm7032e4.htm#T2_down
The whole article:
https://www.cdc.gov/mmwr/volumes/70/wr/mm7032e4.htm
2069  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2021, 02:38:14 AM


I was wondering if there's a category of people who support the vaccine, as naturally intrigued by medical research and public experiments, but chose to abstain as not getting paid to test new medical research?

I've otherwise stayed out of the debate for a while, just listening to friends who say they will never get it and we need to fight, as well as others who claim I am dumb for not having it already. Truth be told, my main argument for not getting the vaccine is my sock draw is always a complete mess. I have to keep rearranging it with thinner socks at the front for the warmer weather, but with access to thicker socks for work and gardening. It's a real nightmare to be honest and is a lot of maintenance for me, it's meant I simply haven't had the time to join this research project. That and the day I genuinely considered having the vaccine - "the day" as others put it - a beautiful butterfly landed on my knee (that was dirty from soil work) and with persistence decided to clean me while gaining sufficient nutrients, or so I assume. I tried to deter this creature but they were persistent so I gave up. It completely distracted me from thinking about taking the vaccine, and personally haven't thought about it since.

I otherwise support everyone who has become part of this experiment, I genuinely salute you all! Medical advancements are needed, and this is a very well controlled study with an amazing sample size. I look forward to the continued results of this experiment in the coming years. Naturally I'm skeptical with any untested medicines/vaccines that haven't gone through the test of time, at least 2-3 years but realistically 10 years for the full research to be discovered.

If you're part of the older generation then for sure you have nothing to lose, but personally, I feel I've still got a lot to live for. None the less, I appreciate all of you who are vaccinated for being part of this study so I don't have to  Smiley

hey, by the same thinking...bitcoin is untested too, just a beta software, no wonder the latest version is 0.21.1  Roll Eyes
10 year wait for results is not productive as some might be immunized by 5-10 different vaccines in the interim.
2070  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2021, 02:18:23 AM
How about...PhD's just don't want to tell random 'survey bozos' what they really think.
I usually hang up on 90-95% of surveys, coming to 99-100% if a survey is taking longer than 2 min.
Sorry, no time to listen to a barrage of "guiding" questions.
2071  Economy / Speculation / Re: oscillator on: August 11, 2021, 02:31:26 AM
The oscillator between 600 and 1000 historically is bubble territory.  The early spike in 2013 and the recent ATH both came in around 600.  I think the question now is whether the market goes manic and beats 600 this halving cycle.  There's no reason it has to.


..but, it could, right?

Strangely enough, I think that stock market would either help or deter us, since stock market sometimes tanks in Oct-Nov.
We could go to maybe 90K regardless, in 45-60 days or so. To go higher, stonks would have to cooperate in Q4.


At the moment it [Vitalik's coin] switches to POS, it is a dead project to me. I'm 100% sure that if a project loses completely it's decentralization part, it will die in a matter of months or several years tops.


imho, these are two separate things, being decentralized and POS/POW, albeit one can argue that EVENTUALLY, POS projects would centralize. At the moment, though, there are some (for example, Hoskinson coin-the man can market his s-t, for sure) that look decentralized while being POS. I wouldn't argue against the notion that eventually they would fall toward centralization one way or another. For sure, all POS coins ostensibly look like corporations, albeit they deny it.
2072  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 04:16:46 PM
66% chance we will lose 10% tomorrow or Wed, 33% chance we would gain the same.
Some f-ers would undoubtedly short into the vote.
I am hoping that we would bounce off of 42K (if it happens).
Where did you get those exact percentages from?

Mostly from "Bitcoin price movement tracking and discussion"  Cheesy
We shall see.
2073  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2021, 03:32:22 AM
66% chance we will lose 10% tomorrow or Wed, 33% chance we would gain the same.
Some f-ers would undoubtedly short into the vote.
I am hoping that we would bounce off of 42K (if it happens).
2074  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 02:13:39 AM

I'll start with: I am pro vaccine, pro scientific method, pro empiricism. I am, however, vehemently against turning the entire population into unwitting guinea pigs for power and money hungry degenerates.

Covid:

Tests not capable of differentiating Covid, influenza, etc.(Journal of Infection)
What the authorities are talking about and why some tests were withdrawn is a fact that early tests were not multiplexed, which means that they cannot determine if you have a flu


Quote
I have no idea about your level of biological science sophistication, so I don't know if you are simply ignorant or willfully distort the facts.
Ironic statement, given you've claimed I was wrong and then paraphrased my point to disprove me.

Quote
Please stop posting opus size anti-vax propaganda on WO (it's not a right place)...and get vaccinated for crying out loud.
..and, don't kid yourself, you are NOT pro-vaccine and pro scientific method, you are far away from both.
You are doing precisely what I asserted in my closing remarks. You fling around emotional, illogical dribble and ad hominems.

I have all the usual vaccines, as well as degrees in mathematics and mathematical statistics.
As such, I am more qualified to quantify and analyze any potential issues arising than a biologist or doctor based on the available data.
In fact, statisticians are the ones who tell the medical professions which of their experiments are safe and effective.

So kindly take your arrogance and fuck right off you anti-science cultist.

There is nothing in your writing to indicate that you are a scientist of any sort...well, maybe an alt-scientist, perhaps.
When testing for covid only, you typically don't care about a flu.
You presented this as some kind of weakness, which it is not based on initial objectives (to see if patient is covid positive or not).
That's the typical problem with alts. You latch on something, then twist it until it is the opposite of actual truth. This is a fact, i have one friend who went completely wacko with all these alt theories-to me it is a mind virus of sorts. Be well and try to recover from it.
2075  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2021, 01:25:56 AM

I'll start with: I am pro vaccine, pro scientific method, pro empiricism. I am, however, vehemently against turning the entire population into unwitting guinea pigs for power and money hungry degenerates.

Covid:

Tests not capable of differentiating Covid, influenza, etc.(Journal of Infection)

First off, the list is a bunch of ad hoc arguments randomly put together.
Secondly, I can only speak of PCR...It is complete bs to present it this way.
The test(s) is/are perfectly capable of either detecting COVID or NOT detecting it.
What the authorities are talking about and why some tests were withdrawn is a fact that early tests were not multiplexed, which means that they cannot determine if you have a flu.
So, in case if you have a flu covid test would be simply negative (it will not say: you have flu, but not covid).
I have no idea about your level of biological science sophistication, so I don't know if you are simply ignorant or willfully distort the facts.

Quote
"It is not remotely accurate that the CDC test doesn't differentiate between flu and SARS-CoV-2. It doesn't detect influenza. It only detects SARS-CoV-2," said Wroblewski. "If flu and covid are both circulating, you would be able to detect only SARS-CoV-2 and not flu."

https://www.news-medical.net/news/20210730/Claims-that-CDCe28099S-PCR-test-cane28099t-tell-covid-from-flu-are-wrong.aspx

Please stop posting opus size anti-vax propaganda on WO (it's not a right place)...and get vaccinated for crying out loud.
..and, don't kid yourself, you are NOT pro-vaccine and pro scientific method, you are far away from both.
2076  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2021, 08:29:51 PM

I'm glad i clicked show/hide, which i rarely do on your posts, this time mainly because of "a feeling".
Once in a while i check if your content has become a little more creditable over time, but this one was the luckiest strike in quite a while.

We (US) don't have any mechanism to legally pursue both the giver and taker of such 'lecture' compensation.
We have FCPA, but don't have a clear "domestic" CPA afaik.
2077  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2021, 03:56:08 PM
Maybe land our black helicopters in the desert outside the city in a circle around a big bonfire...

ahem...'cause some of us are allegedly the "shadowy faceless group of super coders and miners", lol.
2078  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2021, 03:40:56 PM
Is it bad that most people "invested" never actually used bitcoin but only see funny numbers on third party accounts denominated in fiat units ?  I think its weird
I used to think it's weird, until I realized that is exactly what anyone is used to on the stock market. You don't get an actual stock, you only pay someone who tells you they bought it for you.

Yeah, had the exact same feeling with the stock market...until I withdrew a bunch of cash to my bank account and used that cash for the down-payment on my house.
The house seemed real enough  Grin...I betcha that Jimbo's lake is real too (and obviously has fish in it). Told my better half about someone using btc to buy a lake..she is jelly, lol.
2079  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2021, 03:05:04 PM
Feels like we’re one little piece of news away from testing the ATH. I expect we’ll see a pretty massive jump sooner than later. We need to move up about 300% in the next 4 months so it’s about time to get this party started. My advice is to make sure you’re ready for a big run because it’ll happen quick and you’ll wake up feeling like you missed out otherwise.

You mean to stay with various mainstream projections? It very well may be, but anything can happen.
It would be exceedingly difficult to pinpoint a top if macro picture and fiat economy stays stable.
Even if you arbitrarily say, let's call the top at 140-160K (where Mashinsky from Celsius is, btw), then the question becomes: keep hodling 100% there, or sell some, and if 'sell some', then how much (5, 10, 30, 50% or all)?
Others are also aware of those numbers, but also of the higher s2f numbers (288K, etc).
This awareness might play tricks with the graph (at the top).

You never sell all.

sorry, not a very constructive answer to the asked questions.
2080  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2021, 02:44:25 AM
Feels like we’re one little piece of news away from testing the ATH. I expect we’ll see a pretty massive jump sooner than later. We need to move up about 300% in the next 4 months so it’s about time to get this party started. My advice is to make sure you’re ready for a big run because it’ll happen quick and you’ll wake up feeling like you missed out otherwise.

You mean to stay with various mainstream projections? It very well may be, but anything can happen.
It would be exceedingly difficult to pinpoint a top if macro picture and fiat economy stays stable.
Even if you arbitrarily say, let's call the top at 140-160K (where Mashinsky from Celsius is, btw), then the question becomes: keep hodling 100% there, or sell some, and if 'sell some', then how much (5, 10, 30, 50% or all)?
Others are also aware of those numbers, but also of the higher s2f numbers (288K, etc).
This awareness might play tricks with the graph (at the top).
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