Indeed. Those dry cleaning people are fond of putting microdot cameras on your clothes, powered by static electricity.
But where people really blow it is failing to do an enema before entering the room with the computer. Because you know what kind of people proctologists are, and they have been known to sneak into people's bedrooms at night to plant their malware....
C
That goes without saying of course. But I start off with a similar routine to this - https://www.youtube.com/watch?v=d1vw7E7uE3EWith a full removal of gut flora followed by a fecal transplant when my crypto business is complete. Hahaha...  |
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Never got into the whole HW wallet thing. Are they worth it?
Is there any one big significant drawback?
Someone said one brand of hardware wallet only had enough memory to let you store a few altcoins on it in addition to your bitcoins. I can't remember what brand it was and have never tried them myself. The ledger nano s only lets you keep three or so wallet 'apps' at a time. But deleting a wallet app does not 'remove' the associated coins: as soon as you load the wallet app again with your pin, you can access your 'stored' coins again. It's apparently a security measure to minimize the amount of hackable storage. The ledger blue has more storage. I also like the fact that hardware wallets are compatible with Electrum and maybe other wallet apps or browser apps, too. So you don't have you use the packaged wallets if you don't want to. |
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Yeah, Trezor. My only question there is what happens if they get hacked, and is there a way to run your own trezor server on your own system (so you don't every have to depend on the Trezor company to be in business)?
No need to worry. If the TREZOR company goes bust, just enter your seed in a Ledger. They are compatible. It's a standard. There will always be a way to get to your coins from your seed. Plus, the servers of these companies don't know (and can't know, by design) your seed or your private keys. You can recover your Trezor/Ledger seeds in Electrum, too. First thing I tested when I got mine. Offline of course. |
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Bitcoin was a $5-10 billion market at most in late 2013, concentrated on a handful of exchanges, most infamously Mt Gox, which was manipulated by Karpeles' Willie bot followed by the catastrophic loss of Bitcoin and collapse of the whole exchange and fragile ecosystem. You know this, Tera. Bitcoin is now at least a $200B market cap by itself and has established itself as the trading foundation of an overall crypto market of half a trillion and is even legal tender in Japan of all places, in spite of Mt Gox. There are hundreds of exchanges in dozens of countries and massive infrastructure and overhead now invested in Bitcoin's future. Sure there are many who want to see it fail, mainly governments, regulators and old-school investors, but there are now far too many devoted to seeing it succeed. I understand the importance of chronic unease and cautious optimism in such a volatile investment. But now it just seems you are just trying to incite doom and gloom, you are trying to instill fear, uncertainty and doubt, you are searching for patterns to corroborate your... hope, is it?? Hope that Bitcoin will continue to fall? Because it doesn't just seem like fear driving your prognostications. It actually seems like you seriously hoping Bitcoin will stumble and fall into a multi-year bear market and retest old lows. Is this all stemming from regret? Regret that you didn't buy enough to exit this whole game by now and the hope that you can scoop up some more cheap coin? Rough patches remain ahead, no doubt, but the days of $300 or $3000 coin are Christmas past. I understand you sentiments, as someone who must be losing big right now. However, they are not true. I did not miss out on this run. I made a fortune. Why do I share TA like this? I do it because I observed a pattern or because I believe in something. I actually do it in both directions. I dont do it becasue I want to manipulate the market. I do it either to spark up a conversation, have someone prove me wrong, or to get credit when something I said comes true. So far I'm on a good run. First I called a breakout above 17000 and then that a stop order at 18800 would be a good idea, then later on after the second drop I called a floor at 11700, and then I called a top at 16000. Next I'm calling a bounce at 8000. It's probably going to come true. In my mind all these things about the market needing to correct and test lows are simply pieces of inevitable logic, are healthy, and have nothing to do with fear or pessimism or malice. I dont know if we're going to enter a 3 year crypto winter like the chart above but I noticed that two segments of the chart looked almost exactly the same and wanted to stir up the opinions of analysts on here. How is this TA?  I see this is as the most realistic shape if there is going to be another bubble. Not months, years. The shape looks good at this will time for the USD to take over from China and for the coders to fix the throughput issues. |
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Pretty sure PR doesn't have internet in most areas after this hurricane. I think you can have PR residency and operate remotely from another location. Your gains prior to moving to PR are still taxed, only future gains are zero. 183 days of residency are required and you cannot have a taxable home (or supported children) living in the mainland anymore. FEMA emergencies do not count against residency for a maximum of two weeks I think. https://www.irs.gov/pub/irs-pdf/p570.pdf |
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Bitcoin was a $5-10 billion market at most in late 2013, concentrated on a handful of exchanges, most infamously Mt Gox, which was manipulated by Karpeles' Willie bot followed by the catastrophic loss of Bitcoin and collapse of the whole exchange and fragile ecosystem. You know this, Tera. Bitcoin is now at least a $200B market cap by itself and has established itself as the trading foundation of an overall crypto market of half a trillion and is even legal tender in Japan of all places, in spite of Mt Gox. There are hundreds of exchanges in dozens of countries and massive infrastructure and overhead now invested in Bitcoin's future. Sure there are many who want to see it fail, mainly governments, regulators and old-school investors, but there are now far too many devoted to seeing it succeed. I understand the importance of chronic unease and cautious optimism in such a volatile investment. But now it just seems you are just trying to incite doom and gloom, you are trying to instill fear, uncertainty and doubt, you are searching for patterns to corroborate your... hope, is it?? Hope that Bitcoin will continue to fall? Because it doesn't just seem like fear driving your prognostications. It actually seems like you seriously hoping Bitcoin will stumble and fall into a multi-year bear market and retest old lows. Is this all stemming from regret? Regret that you didn't buy enough to exit this whole game by now and the hope that you can scoop up some more cheap coin? Rough patches remain ahead, no doubt, but the days of $300 or $3000 coin are Christmas past. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell  We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. Really? You mean besides WuVer? I can't help but think these are recent bag holders dumping, not HODLers! Nope recent holders don't have enough coins to move the market like this. It is clearly early adopters cashing out large amounts of coins. Early adopters don't dump on the exchanges. They call Bobby Cho at Cumberland Mining and sell direct to institutions or high net worth peeps. Min transaction $100,000. Million dollar transactions preferred. The markets are liquid enough to buy/sell a million $ worth on exchanges easy. OTC isn't as big as people think now. Hahaha. Have you tried depositing/withdrawing $1,000,000 from Coinbase? Or Gemini? Or Bitstamp? In one day? Sure you can exchange it with perhaps minimal slippage if you're not panic selling, but good luck getting it out!!! No thank you sir, I prefer to close on a fatty fat wire direct to my account, same day. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. Really? You mean besides WuVer? I can't help but think these are recent bag holders dumping, not HODLers! Nope recent holders don't have enough coins to move the market like this. It is clearly early adopters cashing out large amounts of coins. Early adopters don't dump on the exchanges. They call Bobby Cho at Cumberland Mining and sell direct to institutions or high net worth peeps. Min transaction $100,000. Million dollar transactions preferred. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. Really? You mean besides WuVer? I can't help but think these are recent bag holders dumping, not HODLers! |
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Proper double bottom incoming over the next few days
In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell I thought similar dumps would happen this time last year, and bitcoin's price shot up above the 2013 ATH instead. All this year I kept expecting huge crashes, and it just corrected a little then carried on going up. Maybe bitcoin adoption is speeding up so fast it's preventing any huge crashes. Maybe it will soon be above 20 k. Friends I talked to years ago about Bitcoin and completely given up any hope on taking action have finally decided these last few days to jump in. Timid sideliners are just starting to pull the trigger, precisely because of MSM news coverage of the correction. Bitcoin's on sale! I thought I would have to put a gun to their head to finally make a move. Turns out WuVer's BEECrash did it for me. Go figure. |
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Not so easy or simple, unfortunately. Have you heard of the Exit Tax? Capital gains are realized for high net worth individuals upon renouncing. You still owe cap gains if you don't renounce and just expat. Unless you plan on just hiding and never setting foot in US again nor using any international banks cooperating with FinCen rules. Puerto Rico offers tax free cap gains for residents, but you still owe on any gains realized up to the date you become a resident. https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#45c8627287d4No, I actually haven't heard of the exit tax. It does make sense to some degree, or at least it would if taxes were legitimate in the first place. But regardless of whether or not you'd choose to pay what you "owe" before renouncing, it still doesn't sound like anyone who expects any significant profits should be staying in the US any longer than absolutely necessary for whatever individual circumstances. Agreed. However, I'm suspecting you're not married or have many close family relations in the US? The moment I brought up renouncing to my wife, and that she would need to apply for visas to visit family, friends, etc., well... you can imagine the response. Although she's warming up to it proportionally to crypto value. Which begs the question, how much is US citizenship worth? A US passport gets you in a lot of places without visas or trouble. Attaining citizenship in another country takes time and often a good deal of (traceable, taxable) fiat. Although being stateless is an option, it's not recommended for long. You have no rights, anywhere. Can't your wife just live with you while you "make all the money" as a renounced citizen? That way you wouldn't have to tax your profits, and she could visit her relatives without any issues. And no, I don't live in the US so that's not a concern for me. And my family would follow me blindly if I asked them to and told them that I'd take care of everything. And really, considering that the lowest CGT rate is 20% in the US I'd take the money and apply for visas over keeping citizenship to a mess of a country. There are other countries that have "free passes" to most relevant places and low taxes too, although I don't know how difficult it would be for an US citizen to get citizenship there. I'd imagine it can't be too bad. If long term cap gains are your only income, then the first $70k (married) is 0%, the next half a million is 15%, anything over half a million is 20%. The effect tax rate on half a million is only 12%. On a modest $150k realized per year, the effective tax rate is 8%. That's like sales tax, dude. Agreed that the country is a hot mess. After years of expating, I just returned. Poor timing. |
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Not so easy or simple, unfortunately. Have you heard of the Exit Tax? Capital gains are realized for high net worth individuals upon renouncing. You still owe cap gains if you don't renounce and just expat. Unless you plan on just hiding and never setting foot in US again nor using any international banks cooperating with FinCen rules. Puerto Rico offers tax free cap gains for residents, but you still owe on any gains realized up to the date you become a resident. https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#45c8627287d4No, I actually haven't heard of the exit tax. It does make sense to some degree, or at least it would if taxes were legitimate in the first place. But regardless of whether or not you'd choose to pay what you "owe" before renouncing, it still doesn't sound like anyone who expects any significant profits should be staying in the US any longer than absolutely necessary for whatever individual circumstances. Agreed. However, I'm suspecting you're not married or have many close family relations in the US? The moment I brought up renouncing to my wife, and that she would need to apply for visas to visit family, friends, etc., well... you can imagine the response. Although she's warming up to it proportionally to crypto value. Which begs the question, how much is US citizenship worth? A US passport gets you in a lot of places without visas or trouble. Attaining citizenship in another country takes time and often a good deal of (traceable, taxable) fiat. Although being stateless is an option, it's not recommended for long. You have no rights, anywhere. |
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Yeah, every trade is a taxable event to US persons. Whether that is buying coffee or litecoin. It is property according to the IRS.
Even if you thought you could get away with the like kind exchange rule, you still have to report every trade individually on the exemption form.
If it were classified as a stock, you could just report net gains and losses but not so with property.
They have made compliance nearly impossible so unless someone passes a law to exempt transactions prior to a certain date, a lot of people are going to owe back taxes and penalties if not jail time.
Simple solution: Become an expat. Not so easy or simple, unfortunately. Have you heard of the Exit Tax? Capital gains are realized for high net worth individuals upon renouncing. You still owe cap gains if you don't renounce and just expat. Unless you plan on just hiding and never setting foot in US again nor using any international banks cooperating with FinCen rules. Puerto Rico offers tax free cap gains for residents, but you still owe on any gains realized up to the date you become a resident. https://www.forbes.com/sites/robertwood/2017/02/27/renounce-u-s-heres-how-irs-computes-exit-tax/#45c8627287d4 |
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breakout confirmed
No way. We still need to break above 16k on stamp to confirm. And even then I'd say don't call a breakout until new highs. Down channel broken in any event. Depends on what down channel you are talking about. exactly, next target 15950, log scale man, log scale We only need to break 15600 on stamp to finish off the day with a green candle.  |
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11160/19666 = 0.56
wow.
10401/19892 = 0.52 Coinbase |
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I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.
Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.
Amen.
NOW we're talking! We've fallen below last week's candle, but still have a little ways to go before touching bottom of the fortnight before. One more weekly candle to breach and we'll start to seriously flirt with $10,000 again. Yes that was only a couple weeks ago, peeps. Bitcoin is still gearing up for mass adoption and this was but a taste of the public's hunger for it. Everybody on the inside knows Bitcoin isn't ready for primetime yet, but it will be. Oh yes, it will be. Honey badger just found a whole nest of larvae and ate her fill but even she needs time to digest. She just popped a squat to make room before returning for more tasty defenseless larvae. Yum yum. I'm so happy to see BeeCrash below $2000. Only a little more to go before it breaches $1000. Oh WTF, before I can even post this, my observation has not aged well! BURN BCH BURN!!  |
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Breaking 24777$ prediction game
27/12/2017 bikerleszno
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypole
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
21/01/2018 flamast2
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
31/01/2018 realsteelboy
12/02/2018 yonton
13/02/2018 Wekkel
15/02/2018 starmman
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
06/03/2018 sa_94
07/03/2018 NUFCrichard
13/03/2018 erre
18/03/2018 fabiorem
21/03/2018 dakustaking76
05/04/2018 bitcoinbunny
11/04/2018 hairymaclairy
02/06/2018 oblox
05/11/2018 mikenz
31/12/2018 melman2002
Maybe because its This time of the year we make a small game Just to call 24777$ (CET) the one with the day of breaking This price wins .25 BTC
The list Will be Made after This post So When a date is taking iT cannot been taken again
When the winning date is exactly in the middle of 2 each Will get .25
Oterwhise closest to the winning date wins
LIST MAKING ENDS 25-12-2012 @ 22.00 cet
AFTER THIS POST NO MORE NEWBIES MINIMUM 50 Posts
19/1/18 please |
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I looked at hourly stats from Bitstamp in 2017, and the biggest drops from ATH look like this:
ATH = 2631.204711 -> 1860.808877 (100% -> 70.72% drop)
ATH = 4941.708812 -> 3011.191850 (100% -> 60.93% drop)
ATH = 7719.501657 -> 5704.976298 (100% -> 73.90% drop)
ATH = 19572.557343 -> 13775.041897 (100% -> 70.38% drop)
This last one seems pretty average, no big deal.
You forgot 1163 to 152. 384 if you want to be generous. |
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I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.
Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.
Amen.
I think you meant $10,000 the second time, too, right? A drop below $1,000 tonight would take quite a miracle, but would be quite the buying opportunity. No. I meant $1000. BCH. Not to buy. To Die. |
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I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.
Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.
Amen.
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