Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Norway]

[1714642206]

1714642206

[Fakhoury]

[BlackSpidy]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

[ChartBuddy]

Coin
Explanation

[coinpr0n]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

I expect we will break out (up or down) of that range during September. I think lots of things could happen this month - mainly (1) some Bitcoin conferences/roundtables that could potentially advance the blocking debates and (2) stock market actions pending on political decisions.

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Coin
Explanation

[Karartma1]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

It will turn back from 250$, I can't see 260$ this year. We'll come back to 188-220$ range again.

[ChartBuddy]

Coin
Explanation

[gentlemand]

It will turn back from 250$, I can't see 260$ this year. We'll come back to 188-220$ range again.

It topped 300 for no particular reason. No reason why it can't again. Equally there's not a great deal stopping sub 200.

[pleaseexplainagain]

here is something to make you shudder.

In New Zealand we have a current huge house price spike in part due to foreign investors "speculating' the price will go up even more.

As these people are hard to get at by the tax people (we have just introduced a capital gains tax they may 'avoid") the government is introducing a system where intermediaries have to get the tax.

see the article below.

Imagine if governments introduced that for bitcoin ie saying they do not know if the bitcoins being sent from person a to person b have been taxed properly or at all when with person a so they will ask for a 20% tax as it passes through an exchange (eg the soon to be approved twins one) or if person b is a recognisable entity eg a big retailer like amazon they will ask for the 20% from them. (Retailers already collect gst ( VAT) here so administratively it could be done overnight).

that might knock the current price of $200-$300 around a bit eh?  

they may be slow but tax collectors usually always get their way in the end

http://www.stuff.co.nz/business/opinion-analysis/71846181/new-withholding-tax-on-residential-land

[oxiyusuf]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

I expect we will break out (up or down) of that range during September. I think lots of things could happen this month - mainly (1) some Bitcoin conferences/roundtables that could potentially advance the blocking debates and (2) stock market actions pending on political decisions.

Well basically bitcoin price is influenced by the issue or news that is, if the global impact usually it will greatly affect the bitcoin price, and if notice of the issues that exist and some other things, i think bitcoin will back to rang below $220

[JayJuanGee]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

It will turn back from 250$, I can't see 260$ this year. We'll come back to 188-220$ range again.

Looks like you are engaging more in wishful thinking rather than reasonable speculation regarding plausible price direction(s).

[JayJuanGee]

here is something to make you shudder.

In New Zealand we have a current huge house price spike in part due to foreign investors "speculating' the price will go up even more.

As these people are hard to get at by the tax people (we have just introduced a capital gains tax they may 'avoid") the government is introducing a system where intermediaries have to get the tax.

see the article below.

Imagine if governments introduced that for bitcoin ie saying they do not know if the bitcoins being sent from person a to person b have been taxed properly or at all when with person a so they will ask for a 20% tax as it passes through an exchange (eg the soon to be approved twins one) or if person b is a recognisable entity eg a big retailer like amazon they will ask for the 20% from them. (Retailers already collect gst ( VAT) here so administratively it could be done overnight).

that might knock the current price of $200-$300 around a bit eh?  

they may be slow but tax collectors usually always get their way in the end

http://www.stuff.co.nz/business/opinion-analysis/71846181/new-withholding-tax-on-residential-land

A lot of unlikely "what ifs" in there.

[pleaseexplainagain]

here is something to make you shudder.

In New Zealand we have a current huge house price spike in part due to foreign investors "speculating' the price will go up even more.

As these people are hard to get at by the tax people (we have just introduced a capital gains tax they may 'avoid") the government is introducing a system where intermediaries have to get the tax.

see the article below.

Imagine if governments introduced that for bitcoin ie saying they do not know if the bitcoins being sent from person a to person b have been taxed properly or at all when with person a so they will ask for a 20% tax as it passes through an exchange (eg the soon to be approved twins one) or if person b is a recognisable entity eg a big retailer like amazon they will ask for the 20% from them. (Retailers already collect gst ( VAT) here so administratively it could be done overnight).

that might knock the current price of $200-$300 around a bit eh?  

they may be slow but tax collectors usually always get their way in the end

http://www.stuff.co.nz/business/opinion-analysis/71846181/new-withholding-tax-on-residential-land

A lot of unlikely "what ifs" in there.



agree it may not happen quite like this but the tax men have traditionally collected tax by tracing movements in fiat. Where that begins to be replaced in part by bitcoin they will go after bitcoin or the tax take available to be used for government spending will go down and no government will want that

[ChartBuddy]

Coin
Explanation

[dragonseer]

So, how long do you guys think we'll last below $250? Do you think we can hold on to somewhere between $240 and $260 until sometime October? This range does definitely seem great for buying and HOLDING purposes.

I get some more money this time next week, and I'll be buying more BTC at any price below $300.. Maybe this range will last until October, but a currency war is upon us and heating up fast

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[iCEBREAKER]

Galvin has left the building

And by "left the building" you mean 'rage-quit the subreddit.'