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1544
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 27, 2018, 06:16:13 PM
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I would also add that things will eventually accelerate rapidly past a certain point.
I spent 3 years accumulating coins while being otherwise utterly broke. Then the price multiplied by 20. I went from bum to financially independent almost literally overnight, but it took years of work to reach that point.
When very wealthy people go broke it works the same way, but in reverse. First they lose money slowly, and then very rapidly.
I predict an explosion in ethnic violence at some point across the entire western world, and most people will be taken by complete surprise.
We have a powder keg waiting to detonate here in America. The [Trump] ‘Resistance’ Continues Its Slide toward Violence Because of the ever-descending moral and intellectual state of the mainstream news media, there has been no outcry against the leftists who call President Donald Trump and all Americans who support him Nazis. Indeed, members of the media now regularly do so.
Without that outcry, this labeling will only increase; and this steadily increasing drumbeat of hysteria is likely to lead to one result: violence against conservatives.
It is not plausible to foresee any other outcome of left-wing normalization of the terms “Nazi” and “white supremacist.”
...
For at least a decade, I have been saying that America is fighting a second Civil War. But I have always added that unlike the first Civil War, this one — thank God — is nonviolent.
It’s getting harder and harder to assume it will stay that way.
...
As one liberal writer, Peter Beinart of The Atlantic, asked nearly a year ago, “If you believe the president of the United States is leading a racist, fascist movement that threatens the rights, if not the lives, of vulnerable minorities, how far are you willing to go to stop it?”
When conservatives — even one as critical of the president as Ben Shapiro — need the protection of bodyguards and police officers in riot gear when speaking on an American college campus, it is clear where we are headed. |
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1546
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 27, 2018, 01:47:28 PM
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I just think it’s kinda cute how most of the Republican administration seems to be in bed with Russia. Quite literally.
It’s also fun to point out how many right wingers are traitors, prepared to sell democracy down the river for a few bucks.
I just hope all of us deplorable traitors can steer America away from socialism, lest we become a failed state like Britain. Yep. All them social democracy countries just keep on failing. https://en.m.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Indexhttps://youtu.be/A9UmdY0E8hULOL The criteria are bullshit created by statist commies so they can circle jerk about how great they've made their "social democracies". Here are some selected indicators of a failed state, according to that list, with my comments added in italics: • Delegitimization of the state. - All states are illegitimate. • Deterioration of public services. - AKA smaller government. • Suspension ... of law; - We have way too many regulations anyway.• High economic inequality. - Sounds like a functional, capitalist economy.• Mounting demographic pressures. - Is this like Japan and China, with their rapidly aging populations? Or like Western Europe, which is intent on becoming one, large Muslim state?• Uneven economic development along group lines. - Different gender and ethnic groups aren't identical? No shit• Rise of factionalized elites. - Is there any country that doesn't have these?Furthermore, if you can't see that Western Europe is in a slow-motion freefall, you need to look a lot harder. |
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1547
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Bitcoin / Legal / Re: Discussion of Opportunity Zones with no capital gains taxes in the US
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on: July 27, 2018, 01:02:26 PM
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On a side note, so in Puerto Rico, you still pay taxes on stuff outside of the Island. So the only 'real' advantage is, from what I understand, no capital gains taxes.
But on the other hand, Puerto Rico has a Commonwealth tax, but I can't seem to get a handle on what the covers. Also local and sales taxes.
others? Anyone else researched this and can whip some numbers at me to compare?
unlikely to act on this (coward) but curious
brad
I researched Puerto Rico quite thoroughly a while ago. I think it ended up being 0% capital gains taxes all the way around. The problem is, you still pay full capital gains taxes on anything you've purchased up to the point of becoming a resident. It's only the capital gains taxes you accrue after becoming a resident that are tax free. |
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1548
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 27, 2018, 03:30:57 AM
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I just think it’s kinda cute how most of the Republican administration seems to be in bed with Russia. Quite literally.
It’s also fun to point out how many right wingers are traitors, prepared to sell democracy down the river for a few bucks.
I just hope all of us deplorable traitors can steer America away from socialism, lest we become a failed state like Britain. |
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1550
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 26, 2018, 04:07:27 AM
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Thank you for the link. Extremely interesting. North Charleston, South Carolina, might be the most misnamed place in America, a path through a weedy, desolate neighborhood with 20% unemployment and a 40% poverty rate. Can I invest in meth labs? Grr. Be serious for a moment, dammit! This is potentially useful to a good number of us here. Boblawblaw? Where you at? I know you've got me on ignore, but this should be very interesting to you too. This could be an opportunity for a seasteading Bitcoinist. Set up shop in an o-zone (numa numa) to build components for the steads. Dodge some tax money, employ a few people who need it and help to build your new community in the equatorial zone. Win win win. FryePondering.png "Not sure if serious...or trolling me". No. The tax advantage bestowed by this program is only for investment in specially designated Opportunity Zones - all within the US, and in areas deemed economically disadvantaged in relation to surrounding locale. Unsuitable in the least for seasteading. I think he meant that you could manufacture the platforms and other components for the seastead in an opportunity zone. Then transport them someplace. |
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1552
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 26, 2018, 01:33:56 AM
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Do explain and I will stop asking?
The main point of this thread is follow the Bitcoin markets, price, and buy/sell walls. We get off topic sometimes (or most of the time). However, some people, including me, feel like you're cluttering the thread up with too much off topic stuff. And very long, multiquote posts. The majority of people here, including myself, despise Roger Ver, btw. I would second the suggestion to post the Ver comments on the Bcash thread, where they would be more relevant: https://bitcointalk.org/index.php?topic=2040221Another suggestion would be to start a new thread where you can talk about taking revenge on Roger or whatever. Your avatar matches this post so perfectly. I can just see you with that face going "meyh" at the end.  Haha. It seemed like an appropriate avatar for moderation duties. |
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1553
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 26, 2018, 01:12:22 AM
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Do explain and I will stop asking?
The main point of this thread is follow the Bitcoin markets, price, and buy/sell walls. We get off topic sometimes (or most of the time). However, some people, including me, feel like you're cluttering the thread up with too much off topic stuff. And very long, multiquote posts. The majority of people here, including myself, despise Roger Ver, btw. I would second the suggestion to post the Ver comments on the Bcash thread, where they would be more relevant: https://bitcointalk.org/index.php?topic=2040221Another suggestion would be to start a new thread where you can talk about taking revenge on Roger or whatever. |
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1555
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 25, 2018, 10:29:52 PM
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New from Masterluc: Six months have passed since the beginning of the correction, there are still as many. Sewers did not want to fall. Bitcoin too. The longer we hold at current levels, the higher the probability of falling to new bottoms.
I think there will be a multi-month outset. Time is now against the bears.
Correction: so BELOW the probability of falling If we have any Russian speakers here, perhaps we can get a better translation. Here is the original quote: Полгода прошло с начала коррекции, осталось еще столько же. Стоки расхотели падать. Биткоин тоже. Чем дольше мы держимся на текущих уровнях, тем выше вероятность падения на новые низы.
Я думаю будет многомесячный боковик. Время теперь против медведей.
Поправка: тем НИЖЕ вероятность падения
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1556
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 25, 2018, 10:24:39 PM
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Good article. That was an explanation for the recent rally that I hadn't heard before. Really, I thought that was pretty common knowledge? I remember the merits of gold vs fiat vs bitcoin being discussed quite a bit in the first years after I joined, with comparisons like this going about: Also sites like forbes with their popups and random page scrolling are fucking awful to use, wasted a few minutes trying to find where I was interrupted at one point. Just another reason nobody likes them anymore. The fact that bitcoin is a better gold than gold is not new. The part that surprised me was that the wealthy Chinese elite have very recently been putting $Billions into bitcoin as a safe haven asset in lieu of gold. Edit: In case you're having trouble reading the article, it argues that the recent Bitcoin pump was caused by wealthy Chinese elites with insider information. They caught wind that China would begin massively devaluing the yuan due to the trade war with the US, so they fled to bitcoin to preserve their wealth. |
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