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11941  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 07:58:38 PM
Did Gavin have nasty intentions, or was he the lamb of Satoshi?

I think he developed Alzheimer's. That's the only thing can explain the very odd capers he's been getting up to in recent years. Or his CIA implant needs replacing and they don't have the budget.
11942  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 05:12:21 PM
What´s the exact USD of the All Time High?

I can't find a number ...

It's becoming rather hard to tell these days. It was impossible enough to get people to agree on the 2013 ATH because of Gox. I hope we soon make a 'clean' one that's unified across functional exchanges to save future bickering.
11943  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 04:55:23 PM
It this is the situation, Why do these two people continue to hold on to their position? Why not surrender if the majority wants another solution? What do they have to win with this?

Big fat dollars. What other reason is there? And the lack of foresight that they'll get more and fatter dollars if they join in.
11944  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 04:32:46 PM
Thanks. I think we will have SegWit sooner than everyone expects. Simple because people and also miners are driven my money, the highest bidder. Jihan WU and Roger Ver's resources arent infinite so they cant hold on for ever. The miners saw what SegWit implementation did with the price of the altcoins. Its only a matter of time before the miners are going to betray BU and choose for SegWit. Simply because the market wants it. Its all about the money and it looks like BU made a nice offer for the time being. Higher price = higher ROI. They will choose SegWit unless BU can boost the price whats not going to happen.

Those pockets might be deeper than we think. If he has been doing the asicboost thing then that's a stunning increase in profitability compared to everyone else.

It may reach a point where it is literally Mr Wu and his dribbling loons versus almost everyone else. That'll be pretty fucking funny to watch because you can't resist forever.
11945  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 04:21:19 PM
Guys just a newbie question, dont blame be. I am not an blockchain expert ^^. What if we accept SegWit and everything is finished and Bitcoin have had their softfork. Is BU dead permanently when SegWit wins? Or stays BU alive in some sort of way for fuhrter scaling?

The only circumstances where I can see the current agitators, apart from Mr Wu who won't under any circumstances, considering Segwit would be if there was an agreed block size increase a period of time after it was activated.

If that was reneged on then the same BU types would start up again the same as before. I don't think we'll ever get Segwit myself without something dramatic happening.

And the scaling thing is a proxy war for power. That desire won't go away.
11946  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 04:13:29 PM
Well once it happens, especially if it's BU, I would sell straight away.  That civil war would get a hundred times worse, with attacks as well potentially, if something actually happens.  I'd buy back in a couple of days after, but it could be really bad the instant it happens (especially with a split).

If it's resolved then that means it's kind of... resolved.

And never in a month of leap years will BU be the one that the majority chooses.
11947  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 26, 2017, 02:06:53 PM
It really means you pay 30% over the 4% gains, effectifly 1.2% over your capital. ie €1200 for €100K total capital per year.

Hmm. Well if there are any Dutch people here interested in a gay marriage of convenience hit me up. I'll split the tax savings.
11948  Alternate cryptocurrencies / Altcoin Discussion / Re: Lightning developers already moving from BTC to LTC on: April 26, 2017, 02:05:13 PM
but in real life alternative to BTC is ETH not LTC at all. ETH have 16s blocks not that slow 2.5min Cheesy hahaha...
ETH also have better volume - in LTC in charge ar 12 miners in ETH Vitalik that is not that big diffrence at all

and have many scam icos on chain too to pump it price while LTC hmm noooothing really interesting besides it have ported BTC segwit. Without segwit noone would ever pump LTC.

PS: ETH will also have its LN (Raiden) I don't see any advantage of LTC over ETH as alternative to BTC.

Anyone who values what Bitcoin stands for would not make the switch to ETH. It may have a great future. It also has already shat and pissed all over itself.
11949  Bitcoin / Bitcoin Discussion / Re: @RogerVer lets make a deal. At least 60k, my BTU for your BTC. on: April 26, 2017, 02:02:21 PM

They're not miners so they don't count. The users will of course do what their mining overlords tell them to do and pile in to a system that breaks every few hours.
11950  Alternate cryptocurrencies / Altcoin Discussion / Re: BitTorrent Cryptocurrency on: April 26, 2017, 01:41:09 PM
If there's an attempt to monetise torrenting, the torrenters will simply say fuck off and do their own thing. That's why they torrent.

I can't see any indication of him planning this and he's probably sad that his invention is a byword for dodginess.
11951  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 26, 2017, 01:38:03 PM
Ouch...

The Dutch tax office uses an "expected return" on your investments. This expected return is now 4% annually (Will change slightly in the future to a sliding scale depending on how much you have). This 4%, which they say is the profit you made over your investments, is then taxed for 30%.

The only thing that matters is the value on January 1, it doesn't matter how much it was worth on December 31 of that year, they assume you made 4%. It doesn't matter if you gained or lost money, it simply is 4%.

So what happens if your return is far over the 4% mark? Do you have to declare all of your holdings beforehand and you're taxed on them even if you don't cash them out?

Personally I'm fine with capital gains. It's far better to tax idle profit than everyone's day to day necessities.
11952  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 26, 2017, 01:27:27 PM
Depends on the country and the tax regulations there.

If you are not an extremely active trader (read: it is actually your job), you are only subject to capital gains tax in The Netherlands, which is between 0,8 and 1,8% next year.

You lucky personage. It's 18-28% in the UK and probably going higher. I will soon be imprisoned here as well so won't be able to spend that tax avoiding year making Lederhosen in Bavaria that I was planning on.
11953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2017, 01:19:20 PM
Day trading trolls are out b...bb..because price movement not logical, can't draw their silly lines on a chart and try make sense of things.

Long term hodlers are in, because we just dgaf what happens in the short term.

The day will come when the exchange game players get drowned in a tidal wave of real demand. I don't think it's happening now but the first lappings might be occurring when you look at the ever increasing Localbitcoins action.

I think they became a bit too comfortable with the idea that there isn't a real world out there.
11954  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: April 26, 2017, 12:31:12 PM
Life isn't fair. And with Bitcoin, if you're not willing to pay the fees then someone else will be right along who will. It does suck for many but that's just how it is. I do wonder where the upper limit of willingness is though. I think it can only stretch so far.

What seems to have been often forgotten is that a large part of the reason for the high fees is, well, the high price.
11955  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: April 26, 2017, 12:20:57 PM
I think it was about $110-120 but I didn't really get revved up until a fair bit later so my average buy in is far higher than it should've been. Obviously I'm far into the black now, it would be rather hard not to be.
11956  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 26, 2017, 11:45:32 AM
You wouldn't be able to spend it on anything big as tax agencies will start asking questions how you bought this car or that house.

Would you really mind paying 10k USD if you made a million profit? I know I wouldn't if it means I made a million in profit.

Anyone who isn't automatically pricing in and planning their tax already is a silly sausage. In this day and age you can't fart without having your account shut down. Good luck winding up with a million dollars in sacks of coins.

You'll never run short of hotdogs and parking. Everything else will be impossible to obtain.
11957  Alternate cryptocurrencies / Altcoin Discussion / Re: Lightning developers already moving from BTC to LTC on: April 25, 2017, 08:24:14 PM
I think it is being pumped to give the illusion that there is.

I think it's being pumped because everyone loves a pump. If there's a vague excuse for one then all the merrier.
11958  Other / Politics & Society / Re: Why is russia the only country (regime) supporting dprk at the un? on: April 25, 2017, 07:40:27 PM
Russia wants to appear to be a world power, though I've no fucking idea why as it's a pointless and wasteful role.

To do that I suppose they decide to prop up the cheapest options out there with the most to gain from being given a hand job by them. And it annoys everyone else.
11959  Alternate cryptocurrencies / Altcoin Discussion / Re: Lightning developers already moving from BTC to LTC on: April 25, 2017, 07:22:49 PM
The more that LTC creams Bitcoin the more compelling it becomes to do it on BTC too. I hope LTC becomes a total whizz bang wonder in comparison because that's good for everyone in the end. And of course developers will head straight there. It's the biggest game in town for their ideas.
11960  Bitcoin / Bitcoin Discussion / Re: What is the single best link to educate people about Bitcoin? on: April 25, 2017, 05:14:03 PM
What's the point in telling anyone else about it? You'd be doing yourself a favour by keeping it to yourself. Most people don't want to know. Let them remain that way.
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