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

[NiceSoft12]

Dear lord, the flippening with ripple? The rippling?

What do you suppose that distribution is now?

Not much different #OccupyBitcoin

I don't know if I agree with that. I'd like to think that a lot of the mega whales have at least cashed out on 20% of their holdings....

[Lopumbo]

why don't you all just accept our fate that a fully decentralized crypto-currency is not possible
so, we'll somehow end where we started...

buy ripple  

[alani123]

People keep talking about manipulation in USD markets but take a look at GDAX BTC/EUR. Who put up this sell wall and why?



It's a 500k EUR sell wall all of a sudden, god dammit. No other market has such a big bump of resistance in its depth chart.

[Globb0]

snip

Buying and selling dash is not a taxable event for you? How is that?

Well I understood you pay captial gains when there is a fiat gain in value at the time when you dispose it, ie sell it for fiat. I'm in the UK. I hope I got that right. If I have to proof every single trade between Dash and Bitcoin or whatever other crypto I don't know how on earth I could even start to do that   Some exchanges I have used no longer even exist.

I sympathise, in UK too. 

Since HMRC advice is so sketchy (it goes back to a vague 2014 reference effectively saying 'we will treat it all on a case-by-case basis') we are in the dark.

I only cash out in BTC and only (originally) went in via BTC so, I am asking my accountant to simply list all fiat 'in' events and fiat 'out' events and hoping it will be just CGT.  But be aware they can see it as 'badge of trade' and charge as though it was income if they think you're a trader.

I am hoping if I cough up CGT and list only Bitcoin bought and sold and just pay up, they will accept it.

If not, I will find others here in the same position and suggest we club together to get a QC to fight HMRC - as paying 45% income tax will be too much to let pass.

I know you and I have different 'cryptos of choice' but we may end up in the same expensive boat, under the same threat of a massive tax bill.

Odds on they will just take the CGT, but if not...  Let's consider a fight - I think we can probably both afford to chip in for a legal case with others, which they won't have the staff or competence to want to bother with.

Sometimes Dashheads and Moneroans can perhaps find common cause ;-)

I was reading about an ultrapreneur tax that is flat 10%, you may need to pass a few ticks and go through some hoops in the year before to meet the conditions.

[Last of the V8s]

[TERA2]

People keep talking about manipulation in USD markets but take a look at GDAX BTC/EUR. Who put up this sell wall and why?



It's a 500k EUR sell wall all of a sudden, god dammit. No other market has such a big bump of resistance in its depth chart.

That's absolutely nothing. You are calling 30 coins a wall. 30,000 coins is a wall

In other news there was a 700 coin buy order that just got filled in a single dump

[NiceSoft12]

^ Lol I was confused by the post as well.

500,000 euros is nothing.

A 1,000 coin market sale just now on BFX, even that is small which is over 10m

[Wekkel]

Someone wanting to pay for his expensive Christmas, that’s all.

[NiceSoft12]

Someone wanting to pay for his expensive Christmas, that’s all.

Lol of Bitfinex $? i wonder how long its going to take him to cash that out lol.

[Rosewater Foundation]

They had a good run..

[TERA2]

I've always wanted to dump on the pumper with the big order. I've finally been able to do it in a couple altcoins.

[Rosewater Foundation]

Breaking: National suicide hotline staff doubled.

If I didn't know any better I'd swear someone ate their own wall at 15000.

But why?

[mymenace]

Breaking: National suicide hotline staff doubled.

If I didn't know any better I'd swear someone ate their own wall at 15000.

But why?

they all selling into ripple, thats all this is

[TERA2]

I think he means why is someone buying their own wall.

[flynn]

I think he means why is someone buying their own wall.

Some people are known to be willing to eat their own d*ck ... some sort of Narcissism

[BitCoinBurger]

what about segwit2x 

[Searing]

what about segwit2x  

it is likely a joke...but on paper with my two evil d3 miners ...a buddy says it is way worth it to mine ...at least now

unsure...evil D3 bitmain miner...evil forked x11 for god's sake btc supposed fork

damn...evil may be the way to go for a bit... (I'm so ashamed)

but it won't last ...it will go poof imho ...so will be cautious and cash out

I may ROI on these evil bitmain D3 bas*ards yet!

(Ack! no morals Ack!)

Wow. Now that all the big whale traders are on vaca, it's hilarious seeing all the shitcoins massively pump again, as these are the only markets that the guppy traders can actually push around to try and make money.

I resemble that remark....(too true...painful ...but too true)

[Torque]

Wow. Now that all the big whale traders are on vaca, it's hilarious seeing all the shitcoins massively pump again, as these are the only markets that the guppy traders can actually push around to try and make money.

[starmman]

Wow. Now that all the big whale traders are on vaca, it's hilarious seeing all the shitcoins massively pump again, as these are the only markets that the guppy traders can actually push around to try and make money.

and long may it continue - I love volatile markets =)

[Deeyoh]

Funny how they pump 10 more Billion into Ripple and it goes up 25 cents.  Such wow, that supply is ludicrous.