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481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 11, 2019, 07:41:23 PM
especially those blowers that 'dry your hands' by blowing the water all over the loos and up in your eyes if you're lucky. they really suck

It could be worse. You could be one of the disgusting bastards that goes straight from the urinal to the hand dryer.
482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 10, 2019, 03:10:07 PM
https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.

That's incorrect. If you receive airdropped/forked coins, you're responsible for reporting that as income. Period.
The only loophole is that you're not responsible if you can't actually claim the coins, or have no control over them. An example of that would be if your exchange doesn't distribute the forked coins to you.
483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 10, 2019, 03:05:49 PM
My posts with the same content have also been deleted.  I am heart broken. 

The plot thickens.
Congrats on Legendary!

Let's not attract the attention of the serious-minded mods.
That's what got us rusticated last time - too many reports.

For that matter, maybe I need to start deleting more of the "Fuck You" and trolling posts. We can't have Fatman flooding the mods with reports  Roll Eyes
484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 04:20:15 PM
I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

That's "...Go Fuck Yourself. #nohomo"

Jeeze, get with the program.

That's cute and all -- and I hesitate to call you out specifically -- but this merely demonstrates what a nattering echo chamber full of cross-congratulatory baboon shriek this formerly-important thread has devolved into.

People have been "talking their books" long before this thread came about. That accounts for a sizeable part of the big block hatred, I reckon.
485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 04:16:33 PM
This seems about right. Everybody and his brother has been bearish lately. Maybe we're in for another leg down soon, but shorts need to get rekt first.
486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 02:21:25 AM
A great writer and an untiring herald of science, Isaac Asimov. But kinkiness never was his strong point.

Indeed - I was always taught that a proper limerick had to contain "Nantucket" somewhere.
487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 05:11:19 PM
Without the "no homo" disclaimer, it's automatically gay by default.
488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 03:08:43 AM
For clowns pumping that shit with "store of value" bullshit mantras. There is some contradiction, because store of value can't be something you should HODL if you are not a trader and only buy with the money you can afford to lose.

Clowns, there will be no ATH, indeed this is the last time we see BTC under 10K, because it will never be above 10K ever again.

You may as well just ask everyone to ignore you now, clown.
489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 03:05:20 AM
A death that is close
Reminds us to be thoughtful
As we're all mortal

Bitcoin may save us
Let not your heart be troubled
Unless one's coinless
490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 12:56:26 PM
Sh*t as always

I would give u some merit but i have none.


Luckily.... your merit has been proven to have bad re-send value Roll Eyes


maybe i should post pics of my GF and mindless food to get some ?

That would be a start. Post GF pics or GTFO
491  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 03, 2019, 12:50:44 PM
This is ugly.
492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 01:42:09 AM
I don't think this guy even comes close to warranting his own day.

He only just showed back up after how many years forsaking us?

 Good point.  Also, there's that petition at Change.org for him.  My suggestion was really to prevent Arriemoller from wearing out his F, C, K, T, A, O, U and sometimes Y keys prematurely.  I'm 99.9% sure he's got German engineered Cherry MX mechanical keyswitches anyway.  They can take a pounding.


If you guys think I'm giving him too much attention just let me know and I'll stop.

But until then, fuck you Fatty!


 No, this is fine.  What we wont tolerate is feelings of melancholia and nostalgia.

Hmm, Infofront (I think) deleted some of my "Fuck you Fatty" posts, wonder why?


Actually, I didn't touch them. It could've been Dabs or someone else.
493  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 04:29:04 PM
My friend Shelby, who many of you may know, just pointed out that we're still following masterluc's Dec. 2018 predictions:

494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 04:06:52 PM
The real trigger is after 2 or 3 more halvings. By then we'd have more than 99% of the supply mined, 8 million lost forever, so that leaves about 12 million corns in circulation. I don't know how much adoption is by then, but whatever it is, it will have hit or exceeded all price predictions.

Unfortunately, that's still at least a decade away.


It’s very likely we reach at least $50,000 after May 2020 halving. 


I think I already said this many times, also here on the WO.
I have a feeling a lot of people, institutional investors included, are looking at PlanB models, and probably sometimes between here and the halving we'll start seeing some kind of front running. I do agree with LFC scenario of easy 50K after halving in May20.

If the halving rally fails to materialise before or after the halving, say one year after, we still are around today's level, then we will experience a very long and cold cryptowinter II.
Institutional money, who is ready to dump a LOT of money into cryptos, see Bitcoin as an uncorrelated, high volatility asset. Something that is very precious in low volatility/negative interest rate financial environment.
If bitcoins then fails to provide those investors  with a positive return, then we we'll have a serious adoption problem posing a threat to further growth.


The rallying USD is concerning in the medium term. If much of Bitcoin's appeal lies, like gold, as a hedge against inflation, the USD could be seen as a safer bet over the next couple of years as the global economy collapses.
495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 02, 2019, 03:11:41 AM

Hmmmm..... I have roughly 150 unused merit points. What kinda weird stuff can I get the weaker minded lot in here to do for those?

Edit: Can we get a petition for that Fucking Fatty Friday thing? Maybe less whiny. "Fatmans Friday" sounds ok.

ready, set....... squirm!!!
A day all to yourself.  Weaker minded? Fuck you fatty Wink
Here you go.
http://chng.it/QkBNXBB928

That is excellent
I would sign, but it would blow what little opsec I have left.


Tried to sign anonymously, but that didn't work, giving up now.

From what I gathered, you can falsify all the information on there.
496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2019, 08:52:59 PM
-snip-
Halving is EXTREMELY bullish and the price will start rising before the halving and will go parabolic after the halving.

your certainty makes me uncertain  Grin

If it is a given why is nobody front-running the event ?

Indeed, I think it is happening. The extent of the front-running is of course uncertain. It could be limited to the noticeable accumulation by strong handed hodlers and fresh handed newcomers with a fat bankroll. But tomorrow's money isn't money until it hits your wallet, so the risk incurred by front running or accumulating is real. And what is rewarded by tomorrow's money is exactly today's risk.

As we're below PlanB's stock to flow model current value, I now question the front-running thesis. It seemed like we were front running for a while there, but maybe it was just "buy the rumor, sell the news" for Libra and Bakkt.
497  Economy / Speculation / Re: Q4 -Quarter 4 speculation thread, where will 2019 end, join the LIST on: October 01, 2019, 02:39:30 PM
$21,900
498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2019, 02:34:59 PM
I forgot about the prize money  Tongue
499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2019, 01:58:42 PM
Congrats to gentlemand!

Maybe we can all pool some resources and send him on a congratulatory trip to his favorite place, Jaywick Sands.
500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2019, 01:52:02 PM
#bitcoin halving .. 7 months to go 🚀

Btc slightly below stock to flow model.
I guess no front-running the halving (yet)!



https://twitter.com/100trillionUSD/status/1178974437036740609?s=20

The fact that there has been no front running yet could end up being bullish for the next cycle. There was some concern that the market was getting more efficient and would mostly eliminate the bubble-bust cycle. The bitcoin market may be getting efficient more slowly than anticipated, so we could end up with another huge bubble post-2024 halving.
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