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

[Ludwig Von]

So over the last year from April to April) we had :

- The whole futures Fud (taming Bitcoin, remember)
- A crackdown here and a ban there (remember China)
- A number of very bad taste Fork parties and their snake oil doctors blurbing around all the time... .
- The second coming of Mt-Gox (just wait for episode 3)
- Some ICO scams going down in flames
- Wall street banksters talking public about tulips (no idea what they were doing behind our back)
- Bans on crypto advertising
- Some bizarro never ending Chinese newyear spending
- The US taxman being a tad greedy
- Anything I forgot

And yet, YoY we are up x 5.
So ven who did not take profit at the hight of the bubble still is up 5x.
Now spring has arrived, time for a positive move. And it will come. The fall of the tech bubble giants will send all their groupies, with
their capital, for a large part to the crypto scene. (simply because there is nowhere else to go for them).

Just sit back, take a nap and enjoy the unfolding great turnover.

just 1 cent.

[1597363889]

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[1597363889]

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[1597363889]

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[Murat]

I AM A HOLDER 

[Torque]

So over the last year from April to April) we had :

- The whole futures Fud (taming Bitcoin, remember)
- A crackdown here and a ban there (remember China)
- A number of very bad taste Fork parties and their snake oil doctors blurbing around all the time... .
- The second coming of Mt-Gox (just wait for episode 3)
- Some ICO scams going down in flames
- Wall street banksters talking public about tulips (no idea what they were doing behind our back)
- Bans on crypto advertising
- Some bizarro never ending Chinese newyear spending
- The US taxman being a tad greedy
- Anything I forgot

You forgot:

-Chinese exchanges "reviewed" by PBoC, then shut down
- SEC denies COIN ETF
- "The Flippening" that never happened, lol
- BTC-e busted by FBI
- SegWit2X (aka BitcoinXT, aka BitcoinUnlimited) was DOA due to "division by zero" gaff
- Russia bans Bitcoin, then doesn't
- South Korea bans Bitcoin, then doesn't
- Coinbase insider trading BCash launch

[B1tUnl0ck3r]

The more racist commentaries flow the lower Bitcoin goes.. 

rayyycists... need to see some individual genetic test results before affirming it so arrogantly. and of course I need a baseline reference before being able to say anything...

He is not a nazi collaborator, he is a jewish opportunist and a (((cultural marxist))) scumbag who wants to destroy the white race
if that's a nazi collabortor, then he must be the worst nazi collaborator of all time  

dude he said it himself... why are you so poorly educated and still so vehement in your arrogance?

I don't get it... you know Eichman?


"On Dec 20, 1998, on 60 Minutes did Steve Kroft interview George
Soros where Soros, a Hungarian Jew, admitted collaborating with the Nazi's
as a teenager and stated: "...I had no sense of guilt."

This may have been cited in a Martin Peretz article in the New Republic. "

you have it shared accross many media... those things aren't to be forgotten. And as I think you are lazy here it is : http://www.youtube.com/watch?v=0PUDmLCkgNc

and for your general culture :



don't get fooled by the candid smile... brutal and extremely professional... remember those are the men who from a defeated and ruined germany, created one of the most powerful force that the world had ever seen until then...

but I guess those concept are too foreign to you...

anyway extermely worrying to see some iq level in this forum... not even capable to make a simple querry on the internet and still... lecturing...

sorros could have killed his protector and escape... he didn't. he could have returned the funds stolen, he didn't, enough said.

So over the last year from April to April) we had :

- The whole futures Fud (taming Bitcoin, remember)
- A crackdown here and a ban there (remember China)
- A number of very bad taste Fork parties and their snake oil doctors blurbing around all the time... .
- The second coming of Mt-Gox (just wait for episode 3)
- Some ICO scams going down in flames
- Wall street banksters talking public about tulips (no idea what they were doing behind our back)
- Bans on crypto advertising
- Some bizarro never ending Chinese newyear spending
- The US taxman being a tad greedy
- Anything I forgot

And yet, YoY we are up x 5.
So ven who did not take profit at the hight of the bubble still is up 5x.
Now spring has arrived, time for a positive move. And it will come. The fall of the tech bubble giants will send all their groupies, with
their capital, for a large part to the crypto scene. (simply because there is nowhere else to go for them).

Just sit back, take a nap and enjoy the unfolding great turnover.

just 1 cent.

i was trying to find a good chart with the history of the open interests on futures... can't for opsec . maybe some could help? it's interesting... to say the least .

[Ludwig Von]

So over the last year from April to April) we had :

- The whole futures Fud (taming Bitcoin, remember)
- A crackdown here and a ban there (remember China)
- A number of very bad taste Fork parties and their snake oil doctors blurbing around all the time... .
- The second coming of Mt-Gox (just wait for episode 3)
- Some ICO scams going down in flames
- Wall street banksters talking public about tulips (no idea what they were doing behind our back)
- Bans on crypto advertising
- Some bizarro never ending Chinese newyear spending
- The US taxman being a tad greedy
- Anything I forgot

You forgot:

-Chinese exchanges "reviewed" by PBoC, then shut down
- SEC denies COIN ETF
- "The Flippening" that never happened, lol
- BTC-e busted by FBI
- SegWit2X (aka BitcoinXT, aka BitcoinUnlimited) was DOA due to "division by zero" gaff
- Russia bans Bitcoin, then doesn't
- South Korea bans Bitcoin, then doesn't
- Coinbase insider trading BCash launch

I also forgot our own Roach ! Shame on me 

[RejectedBanana]

Can we stop pretending three months of crash is somehow tied to tax deadlines?

It would be great.

Certainly not ALL three months, but definitely some:

There's just no reason for such low prices, other than a bunch of idiots handling their coins to Wall Street which are the ones buying all the cheap coins before institutional money and other whales come in. They will not do it before all the weak hands are shaken.

Taxes. Taxes are good reasons. $25 Billion owed for 2017 in just the USA.

Cryptocurrencies Could Be 20% of Capital Gains Tax Payments This Year

The IRS has upped its ante with its Coinbase aggression. Misleading or ignoring the IRS is a whole hornet's nest of trouble. Bitcoin's history is rife with prosecutions and asset seizures for those who did not pay their taxes. Often, taxes gets them in more trouble than the illegal goods and services they might have been trading in the first place.

Anyone who thought BCash was just free money? Well, guess what, taxes. Every fork claimed in 2017 is taxable income, whether you sold it or not. If it was worth more than $1000, you need to pay taxes in the quarter you claimed it. Otherwise, guess what? Even more penalties and interest owed on top of your taxes.

Already spent your windfall during Christmas/New Year? Well time to unspend it.

So what we have here is a bunch of people owing taxes and back taxes and penalties/interest on taxes owed for maybe more than just 2017 and a whole bunch more people just waiting for them to further liquidate to pay their taxes. So the price will continue to drop, and all the smart traders and whales and investors and institutions are just twiddling their thumbs, waiting, accumulating on the dips, waiting.

Patiently.

Just like every Q1.

Do not underestimate the power of a sovereign nation to duly collect their taxes and to instill enough fear into motivating people to pay their taxes.

The very foundations of sovereignty rests upon the ability of a nation to collect taxes. And inflict punishment on those who do not.

[Lontonbit]

Sell your cryptos for cash no tax

[Karartma1]

That's what I call a good GIF! Nice find!
In the meanwhile they are mostly worried about some Big Data analysis about how bitcoins move around
https://www.forbes.com/sites/thomasbrewster/2018/04/05/snooping-on-bitcoin-is-big-business/

Sorry for the Forbes

[Last of the V8s]

taxes

yayaya
10 WO demerits
i mean xclnt post and all but sometimes

[Lontonbit]

Ath shorts = squeeze = pump this weekend

[mindrust]

Anyone who thought BCash was just free money? Well, guess what, taxes. Every fork claimed in 2017 is taxable income, whether you sold it or not. If it was worth more than $1000, you need to pay taxes in the quarter you claimed it. Otherwise, guess what? Even more penalties and interest owed on top of your taxes.

How can IRS know that you have profits when you sold fork coins if they didn't know you have bitcoins in the first place? And why do people let IRS to know that they have in Bitcoins before the first place? I still want to go deeper. Why do people use coinbase to buy their stuff instead of using anonymous sources?

If you are able to trigger IRS by converting your alts to bitcoin, you are doing it completely wrong imho.

[Last of the V8s]

legacy markets capitulating. sad

[Lontonbit]

Gotta be honest, folks. Threatening to test the 6 month low is really depressing

No freaking idea what is happening with Bitcorn. Absolutely no clue.

Flummoxed.

We will fall together, holding come hell or high water.

[RejectedBanana]

Anyone who thought BCash was just free money? Well, guess what, taxes. Every fork claimed in 2017 is taxable income, whether you sold it or not. If it was worth more than $1000, you need to pay taxes in the quarter you claimed it. Otherwise, guess what? Even more penalties and interest owed on top of your taxes.

How can IRS know that you have profits when you sold fork coins if they didn't know you have bitcoins in the first place? And why do people let IRS to know that they have Bitcoins before the first place? I still want to go deeper. Why do people use coinbase to buy their stuff instead of using anonymous sources?

If you are able to trigger IRS by converting your alts to bitcoin, you are doing it completely wrong imho.

The IRS relies on self reporting for the most part. But large fiat withdrawals and deposits will likely get reported to IRS, triggering a possible audit.

There is no statute of limitations for false returns, evasion, or failing to file. If you knowingly do not report and the IRS happens to get smarter in the future with regard to crypto (remember, the Blockchain is immutable), then you're just postponing the pain and fear and penalty.

The penalties are not simply civil. We're talking criminal prosecution, prison time and asset seizure, depending on the scale.

So pay your taxes, people. Bitcoin was not born in a vacuum; society contributed and taxes benefit society, like it or not.

[El duderino_]

Maybe Soros would pump the price back to 20k

Go Soros  

Would be nice to see this train move.  i dont care who pumps but pleeeeeeeeaaaassssseeeee!




PUMP IT!



PUMP IT!

Gotta give you my last Smerit for Just sharing the Rollercoaster GIF

[Globb0]

Mother, mother
There's too many of you crying
Brother, brother, brother
There's far too many of you dying
You know we've got to find a way
To bring some lovin' here today

Father, father
We don't need to escalate
You see, war is not the answer
For only love can conquer hate
You know we've got to find a way
To bring some lovin' here today

[RejectedBanana]

Bitcorn price Q1:



Bitcoin price Q2+:

[yonton]

Short squeeze

[bitcoinPsycho]

I've had enough of this... the bottom is in . we can only go up from here. the inevertability chart has spoken

also

[yonton]

Its a ghost town here, you guys are scaring me