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3941  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 22, 2019, 05:47:33 PM
I am totally lost in the meaning of Bitmain reps response.
Invoice says that there is a large difference (about $2000) in the value of order vs current invoice (paid in btc, but they count $$ value).

Here is what the rep said:

Quote
Dear <Name>,

Thanks for your consultation!

we don't provide refund.

The extra payment will remain as USD credit under this order according to the exchange rate when you place the order.
Please contact us you need use the credit in your new USD order, then we will transfer it for you.

Thanks for your understanding and cooperation.

Regards,
Chita
Bitmain

Not sure why they are OK to provide refund to some here, but not in my case. What is the difference?
I paid initially in bitcoin.

Question: can coupon be used on the top of credit (which they seem to agree to provide)?
Like this: $1700 order, minus $1400 credit, minus $150 coupon=$150 due?
3942  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2019, 04:36:50 PM
infofront

Next poll?

How many are in WO?

Hodler
Bull
Trader
Weak Hands

I am developing a zen attitude toward all of this.

If we (humans) don't want it (bitcoin benefits), I say...
https://youtu.be/xMZrEzU62lA?t=70
3943  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2019, 04:24:41 PM
Wait until Bob sees this. Rick is not going to have an enjoyable evening Cheesy

Rick is fine. I moved around some money from other investments into the house account, and dude has been off my case ever since; he's looking to retire in 6 months, and his neurosis are kicking into high-gear, about everything being in order prior to him bailing.

HODLing my corn. Not sure I want to sell 2 BTC at this level to buy the new Mac Pro when it's released, along with the new 16" Macbook Pro - as I had originally planned. Might just raid one of my piggy banks for that purchase if we're not back above $10k in the next 30 days.

It looks like we came a full circle since Sun micro workstation days...in price.

Phones cost like computers used to even recently
Computers (some) cost like cars used to...
Cars cost like houses used to...
Houses...
3944  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 20, 2019, 05:50:11 AM
I got a $682 January 31 coupon yesterday and I have email pertaining to this.
Today it is gone, replaced by a $314 one.
There is a low chance I would have used the 682, so no biggie, yet the fact that they did this is a bit strange.
Developing.
3945  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 19, 2019, 11:52:06 PM
One thing that does not make sense is getting a coupon (and only up to 10%) for a paypal order.
With paypal, they should just simply refund the difference OR allow coupon to be used in its entirety (like a credit) without regard to %%.
Maybe something is being lost in translation.
3946  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2019, 02:45:44 AM
OK boomer.

Is that supposed to be some cutting pejorative?

That was originally said by Greta's accolade, he's just quoting the viral meme:
https://youtu.be/ipe9WxUfh7w?t=34

I don't pass judgement on generations as it is a stupid thing to do.
It goes nowhere, besides at the moment boomers have most of the money anyway.
3947  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2019, 02:00:25 AM
This dude has an exact opposite investment strategy to JJG, lol
Sorry, an alt is mentioned.

https://thehustle.co/how-i-made-13-million-cryptocurrency-ethereum/

I honestly think that he is not done yet..and would probably lose almost all this money in his next "gambling adventure".
No schadenfreude.

I wonder how many lose everything when prone to these urges.
I made a promise to myself to restrict my btc investment to a certain % of fiat and so far I was able to resist doing anything silly like this  ^guy.
Sorry, LS, I am not all in "king". If I was, imagine going from 20K to 3K. It would have been bad for your health.
3948  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2019, 10:12:14 PM
Apparently all McDonalds in India serves halal burgers, and indians don't like that so they are boycotting McD, at least according to a Swedish newspaper.

"All our restaurants have HALAL certificates. You can ask the respective restaurant Managers to show you the certificate for your satisfaction and confirmation. (2/2)


ਪੰਜਾਬੀ
@HasdaaPunjab
Go To Hell, then. We Hindus only have JHATKA MEAT, Will educate others as well to not have any Non Veg Food From your chain. If you not want to end up like ZOMATO, ensure that JHATKA MEAT is served. Else, embrace for Financial Loss. https://twitter.com/mcdonaldsindia/status/1164584030647377920?s=19 …"

Now, my question to you Indians here is: what the hell is ZOMATO and JHATKA MEAT?


source: google search

ZOMATO- a global restaurant chain, probably failed in India
JHATKA-when animal is killed by a single stroke..never knew about it...maybe from a particular religious point of view.
3949  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2019, 09:30:13 PM
Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).


This golden nugget is relevant to some US bitcoiners right now. How many will be moving to South Dakota before cashing out to avoid capital gains tax?

https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

Quote
South Dakota has no income tax, no inheritance tax and no capital gains tax

The perpetual trusts thing seems a massive deal, and probably will be relevant to Bitcoin later on.

Well, hold your horses, there are still federal taxes, including capital gains tax. It's not written very clearly.
The only no cap gains tax for US citizens is the Puerto-Rico deal, but it is only until 2035 and only on cap gains AFTER you domesticated/moved your assets there.
Plus, you HAVE to reside there 183 days/year.


Yes but federal taxes don’t apply to offshore assets owned by foreigners. This is about tax rorts for foreigners, not Yanks

True, I was looking at it from the US perspective.
However, the deal is better for non-US citizens.
Oh well, it's almost always the case  Sad
3950  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 17, 2019, 08:43:05 PM
Have you actually tried that and got it to work ?

Yes, I got $480 off of $1599 S17pro (using $368+$150 coupons combo, "lost" $38 from the max benefit). I should have used 150+150+172 instead, though.

Once you are presented with an order window where you can also see your coupons, click (or mouse over) a small question mark by the word "Coupons", a secondary window (in yellow) would pop up.
The detailed explanation is there, but basically, you can use multiple coupons (up to max, which is 30% of the listed miner price) AS LONG as coupons are of the same type ("order" OR "sale" or "rebate").
The type of coupon is written on the body of coupon itself.
Happy mining!
3951  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2019, 06:51:52 PM
An interesting analysis of the price dynamics before and after halving:

https://coinsavage.com/content/2019/09/bitcoin-halving-everything-you-need-to-know/

halving is coming,
but am I fully prepared
to trust the patterns?


looking at these charts,
it is nothing but a dream
that might come calling
3952  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2019, 04:17:34 AM
Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).


This golden nugget is relevant to some US bitcoiners right now. How many will be moving to South Dakota before cashing out to avoid capital gains tax?

https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

Quote
South Dakota has no income tax, no inheritance tax and no capital gains tax

The perpetual trusts thing seems a massive deal, and probably will be relevant to Bitcoin later on.

Well, hold your horses, there are still federal taxes, including capital gains tax. It's not written very clearly.
The only no cap gains tax for US citizens is the Puerto-Rico deal, but it is only until 2035 and only on cap gains AFTER you domesticated/moved your assets there.
Plus, you HAVE to reside there 183 days/year.


That explains why nobody has already suggested South Dakota.

I read about the pros and cons of the Puerto-Rico deal here. Like you say, it's complicated.

https://cointelegraph.com/news/are-tax-moves-to-puerto-rico-worth-it-for-crypto-holders

I thought there was a tax in Puerto Rico has a 10.5% sales tax https://www.avalara.com/taxrates/en/state-rates/puerto-rico.html

https://en.m.wikipedia.org/wiki/Taxation_in_Puerto_Rico

Still confused about if/how or if you pay any Commenwealth Taxes or Provencial Taxes on top of the above.


That's a very confusing article.
Maybe read this one instead:
https://prbusinesslink.com/act-22/

Personally, I am too lazy and set in my ways to uproot myself, but there are a bunch of youtube videos that describe the experience.
3953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2019, 09:50:05 PM

8/8 (from bottom/from left)
 Grin

I don't know what words like "solvent", "believe" and "expert" are doing there (no such currencies, lol)
3954  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2019, 09:38:59 PM
Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).


This golden nugget is relevant to some US bitcoiners right now. How many will be moving to South Dakota before cashing out to avoid capital gains tax?

https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

Quote
South Dakota has no income tax, no inheritance tax and no capital gains tax

The perpetual trusts thing seems a massive deal, and probably will be relevant to Bitcoin later on.

Well, hold your horses, there are still federal taxes, including capital gains tax. It's not written very clearly.
The only no cap gains tax for US citizens is the Puerto-Rico deal, but it is only until 2035 and only on cap gains AFTER you domesticated/moved your assets there.
Plus, you HAVE to reside there 183 days/year.
3955  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 16, 2019, 05:01:48 PM
Sorry to distract ya'll from an apparent dick measuring contest...

What's your take on perpetual trusts?
Here is Guardian's:
https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws

I think that this would be relevant to bitcoin later on.
There are lots of "golden nuggets" in this article.
The main conclusion is that we might be changing the society by allowing perpetual trusts (details in the article).
3956  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 16, 2019, 04:02:20 PM
what happens if I use 2x 368 usd on a 1599? do I get 480 usd off?

the answer is YES, providing that coupons are of the same type ("type" is written on the coupon, like "order", etc.)
3957  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2019, 09:23:07 PM
Well, talking about the old timers.
Jesse Livermore said that once you start counting on the market to do something specific that would allow you to buy a new house, etc, like "it would go to 100K in 18 mo", it always bites you in the proverbial ass. In 2017 NOBODY expected 20K when it was still below 1K in march or april, yet it happened.

I always expect the unexpected from the corn and try to stay humble, so stories of glorious 2021 kind of get under my skin, but I understand the desire.
As a personal confession, I, like some others here (Searing), might be less interested in what happens (price wise) after 2028 or maybe even after 2024.
The next cycle is where my corn account would either succeed or fail.

At some point man can just choose to "Chill in the Caribbean", although I might prefer something more of a temperate climate after being "roasted" for the last few decades.
Just no freaking forest fires, please.
3958  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 15, 2019, 08:54:14 PM
One tip (I got burned on this-mostly my fault to trust too much):

Ignore the total number of $ savings possible that Bitmain put on each miner's page, it is inaccurate (at the moment).
Instead, simply amplify the current listed price by 0.3-this is the max $ number of coupons that you can use.
I believed the posted max coupon value, so chose a wrong coupon (got dinged by $20-40, not a biggie).
Getting the exact coupon $$ right would allow you to do the optimal "combo of coupons" to use.
Also, always start with large coupons where they are applicable.

PS i hope everyone knows that you can use multiple coupons now as long as they are of the same category (like "order" coupons).
3959  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2019, 05:45:59 PM
No big volume, no sign of the Bargain Boyz to be found. Highly unlikely this downtrend from 14k ends till they show up and declare "cheap coins".

Coins have to be so cheap that they feel compelled to buy. Hopefully the 6ks will do the trick but we all know it could be lower. The massive volume will tell us when. It always has every other time in Bitcoin, this time is not different.

Cue the JJG "slayer you are annoying me with your downtrend stuff" even though thats what this has been since 14k for almost 5 months Wink

We all knew the pump to 14k was a minibubble and a minibear market would have to follow. I dont make the rules around here, this is Bitcoin Country.

Good news is when the mythical Bargain Boyz show up for cheap coins, that will be the last time we ever see those prices and the ride to 100k-200k can commence.  Cheesy

I suspect Bargain Boyz are still loading up on Popeyes right now but will soon turn their attention to corn if we catch their eye with some bargain sub 7k prices. 6400 would really do the trick imo.

The only problem with this logic is that you project MORE than 50% decline vs local top of 13.8.
AFAICR it never happened in the prior bull. Not a rule, but...
Maybe it is mimicking a double humped 2013? One may hope...
3960  Bitcoin / Hardware / Re: Special thread concerning bitmains coupons refunds discounts. on: November 14, 2019, 11:58:20 PM
This stuff is super confusing.

My invoices were adjusted, but I am still waiting on shipment.
If i want refund (don't care about coupons at the moment since I got a few already), then do I request it (refund) BEFORE shipping or after?
I am afraid that after, they would just give me some coupons.

BTW, what's a "credit" and how you apply "credit" to order if you want to.
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