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1381  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 05:53:03 PM
Order in for another $250 @ $26,700.

Got filled. Degeneracy continues with order for $250 @ $26,600.
1382  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 05:11:09 PM
Just stacked $250 @ $26,900, then another $250 @ $26,800. Order in for another $250 @ $26,700.

DEGENERACY OVERDRIVE !!!
1383  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 12:31:31 PM
Fuck this corn shit.

It's dead.

Only $26,800.

How can we live like this ?
1384  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 06:55:35 AM
Quarterly shorts just blew WO page parity.
1385  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 06:20:36 AM
1386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 06:01:40 AM
Gentlemen.
1387  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2020, 12:33:27 AM
Page parity today?  Cool

Soon.
1388  Economy / Speculation / Re: How degenerate is it buying and sitting on PayPal Bitcoin ? on: December 27, 2020, 12:31:49 AM
I just bought another $100 worth of PPBTC @ $26,666.

What are you gonna do about it. Huh ?
1389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 05:54:36 PM
Don't want to sound like a party pooper or nuthin', but maybe if we could, like, hang around at these levels for a coupla days, and build some support, that would kinda make me feel a bit better.

Getting too much of a runaway train vibe, and that's bad.
1390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2020, 03:27:05 AM
Gentlemen.
1391  Economy / Speculation / Re: How degenerate is it buying and sitting on PayPal Bitcoin ? on: December 25, 2020, 04:49:22 PM
Degeneracy continues. Just bought another $100 worth of PPBTC. Stacked about 0.07 PPBTC total, so far.
1392  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2020, 04:45:51 PM
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHAHAHAHHAA HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHAHAHAHH AAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHAHAHA HHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHAHA HAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHAHA HAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHAHA HAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHAHA HAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHAHA HAHAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHAHA HAHAHAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHHA HAHAHAHAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHH HAHAHAHAHAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHA HHHAHAHAHAHAHAHAHAHHAAHA

https://twitter.com/Bitstamp/status/1342506058397474822
1393  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2020, 01:38:01 PM
25k on the 25th would be poetic.

Here's hoping.

Happy Jesus Day.
1394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2020, 03:32:40 AM
1395  Economy / Speculation / Re: How degenerate is it buying and sitting on PayPal Bitcoin ? on: December 22, 2020, 02:46:43 AM
Playing the devil advocate right now, but legally speaking, if you would have done this on Coinbase for example, wound't you still be liable for the same taxes?

Buying Bitcoin is not a taxable event. Selling it and converting to fiat is. That's why I make sure to always sell my coins FIFO, so I'm only owing long term capital gains.
1396  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2020, 01:43:08 AM
OT: Looks like certain doom for XRP.

https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800
1397  Economy / Speculation / Re: How Degenerate is it buying and sitting on PayPal Bitcoin ? on: December 21, 2020, 09:39:58 PM
I am not aware of the tax rate on short-term capital gains in the United States. Is it 30-40%?

Short term capital gains can get up to 37% PA, if you max the tax bracket.
1398  Economy / Speculation / How degenerate is it buying and sitting on PayPal Bitcoin ? on: December 21, 2020, 06:24:48 PM
So, in the course of doing everyday stuff, I use Paypal occasionally, which means I hold a cash balance with them.

I have started buying small chunks of PPBTC, and having them holding it in custody.

So far, it's been way profitable for me (unrealized), but I'm fully aware of the tax implications involved with selling PPBTC (Already had to sell off a sliver of PPBTC, and was forced to enter my SSN to continue. I see what you did there PayPal. Har har IRS. That $25 was sold at a loss !!)

Anyway, what are your thoughts on buying PPBTC ? I believe it's fully degenerate, mostly due to the fact you cannot transfer PPBTC out to your own custody.

The only way I'm rationalizing it right now, is whatever PPBTC I'm scooping, aren't going to be sold for at least 365 days after they are purchased, so I'm at least being taxed at long-term capital gains.

Thoughts ? Let's have a PPBTC catharsis thread.
1399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2020, 08:02:39 PM
I'm feeling kinda degenerate, and thinking of buying some more PPBTC. Have fiat laying around in that account. Ugh.

EDIT: Yeah, just scooped some $100 dip of PPBTC. Feelin' kinda dirty. Again.
1400  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2020, 12:50:32 PM
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