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641  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2019, 01:31:19 PM
The fallacy with Biden's statement to his base is that the assumption is that only (or mostly) rich people invest. There is a large amount of the middle class that realize between the looming social security/medicaire bankruptcy and the lack of any sort of pension from the workplace that the only way to have a chance at surviving into retirement we need to invest. Taxing those people at max capital gains destroys their futures.

But Biden still lives in the past where there were strong unions and pensions and a large part of the dem base is very young and haven't figured out yet how screwed they are about their later years (or are just completely hopeless about them and aren't even planning).

Caught between the GOP gutting social security and medicaire, and the DNC wanting to tax the rich with ill thought plans that effect everyone, the middle class is getting squeezed as usual from both parties. The poor are pretty much the same as always, poor.
642  Other / Politics & Society / Re: Trump should raise tariffs to 50% on: August 23, 2019, 08:29:56 PM
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.
643  Other / Politics & Society / Re: Amazon Fire on: August 23, 2019, 08:28:02 PM
Given the history there it's highly likely it's ranchers and farmers that started it. Also, maybe a comment on the times but when I first saw the title I thought amazon.com and kindle fire, I may need to step away from the computer for awhile.
644  Economy / Economics / Re: WHICH GROUP DO YOU BELONG HERE on: August 23, 2019, 08:25:53 PM
I guess by your definition I'm a bull. Always putting in but not taking out. The taking out will be done by my kids I'm guessing. Whether they have anything to take out or not is a giant unknown. So maybe I'm a grouchy bull.
645  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 08:13:17 PM
https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."


Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto...
Quote
My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies.

His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.

Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.

Trump himself is definitely not pro btc, at least from statements he's made, and given he's a septuagenarian whose demonstrated little interest in anything outside his clearly limited comfort zone I can believe it. However his bumbling pompous announcements have the effect of boosting bitcoin because he's so batshit crazy and unpredictable in action that no one trusts his words. That may be good for btc in the short term but is a disaster for actual live people in the long term. I don't think we need the Chief Twit to boost btc, we'll get that without his 'help'. Just my opinion.
646  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 08:01:06 PM

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)
Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.


How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.
647  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 07:58:04 PM
https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."


Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto...
Quote
My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies.

His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.
648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 06:41:02 PM
If a european moved to PR, what would the tax situation look like?

I'd be more worried about hurricane shelters than tax shelters in Puerto Rico. On the plus side, you probably won't run out of paper towels anytime soon.
649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 06:27:23 PM
https://cointelegraph.com/news/bitcoin-advocate-becomes-nobody-to-run-for-new-hampshire-town-mayor
I particularly like this quote, lol...
Quote
Formerly known as Rich Paul, “Nobody” is a long-time Keene resident, who loves cannabis, cryptocurrency and freedom.


https://cointelegraph.com/news/andrew-yang-wants-to-make-us-elections-fraud-proof-using-blockchain

Quote
“It’s ridiculous that in 2020 we are still standing in line for hours to vote in antiquated voting booths. It is 100% technically possible to have fraud-proof voting on our mobile phones today using the blockchain. This would revolutionize true democracy and increase participation to include all Americans — those without smartphones could use the legacy system and lines would be very short.”
650  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2019, 05:06:52 PM
Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like
651  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2019, 05:57:13 PM
LOL...
https://cointelegraph.com/news/two-masked-thieves-caught-on-tape-stealing-bitcoin-atm-in-the-us
652  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Blockchain-based social media worth it? on: August 22, 2019, 05:22:49 PM
I envision several hundred years from now archaeologists and historians mining blockchain data to understand our times.
653  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2019, 05:06:56 PM
The bipolar crypto experts are reading tea leaves again...

https://cointelegraph.com/news/bitcoin-price-not-at-the-top-of-new-bull-cycle-yet-new-data-shows
Quote
BDD refers to the amount of time between movements of an amount of Bitcoin. Higher prices tend to coincide with coins moving more often — and at present, Hauge says the opposite trend is apparent.

Coupled with this, as Cointelegraph recently reported, the Bitcoin Fear & Greed Index, which also measures market sentiment, remains near the bottom of its possible range.

“That's the exact thing you should be looking for if you're buying the dip for the long-term,” Hauge advised.

https://cointelegraph.com/news/bitcoin-price-struggling-at-10k-as-analysts-warn-of-2018-style-dump
Quote
Another popular analyst on social media, The Crypto Panda, was more pessimistic still — warning on Wednesday that Bitcoin faced a breakdown similar to November 2018. At that time, a sudden shift saw BTC/USD hit local lows of just $3,100
654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2019, 04:46:44 PM
Time the Change my hat . My Gut says $15000 in the next 2 weeks

The next 24 hours are critical.
655  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 22, 2019, 02:47:16 PM
Switch to the real Ethereum (read: ETC)

656  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 on: August 22, 2019, 02:15:35 PM
Any update guys?

Here's the update: still dead
657  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 21, 2019, 02:35:03 PM
Yes, Dolomites are very beautiful. I visited Dolomites 2 years ago.

I visited Dolomite back in the 70's.

658  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 20, 2019, 04:37:03 PM

Keyword there is 'private'. It's not on the Ethereum blockchain, rather 'based on'. It does nothing for Eth or the Ethereum network.
659  Bitcoin / Bitcoin Discussion / Re: New self-proclaimed Satoshi Nakamoto's reveal is a complete epic fail? on: August 20, 2019, 03:03:48 PM
Not even epic, just a boring run of the mill batty scammer fail.
660  Bitcoin / Bitcoin Discussion / Re: 17,800,000 BTC already mined on: August 19, 2019, 07:00:22 PM
Mining will not fade if BTC is adopted en masse, in my opinion because at that point the world governments will have a vested interest in keeping it working. I imagine maybe a bunch of gov't agencies tasked with running ASICs and the mining fees accrue to the gov't as taxes.
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