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

[fragout]

Sell the news when ETF will be approved or real FOMO will kick in instead? If it will be approved I don't see how if someone requests an ETF approval for BCH it shouldn't be approved

It wont be approved. The best we can hope for is an extension. The longer the speculation continues the better and the market might take on a life of its own in which a negative EFT result will not be enough to reverse it.
If on the other hand, it was approved, it is a FOMO event

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[infofront]

So: topic swerve.

All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

Anyone interested in forming a study group? Or is there some other subforum here in BCT that might be better for such a discussion?

I've also looked into PR, and am interested in this subject (legal "tax evasion"). I recommend creating a new thread and linking here.

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.

"Serious Discussion" subforum, perhaps.

[Karartma1]

I want Vegeta memes all over the board in the next 24 hrs.
Hold on to your butts

[JimboToronto]

I want Vegeta memes all over the board in the next 24 hrs.
Hold on to your butts

Mmmm. Vegeta.

[xhomerx10]

I am loving this increased volume.

[Wekkel]

Sell the news

Probably sell the news. Just because Bitcoin loves to go in cycles.

[criptix]

I am loving this increased volume.

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

[xhomerx10]

I am loving this increased volume.

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

 Link?  My phone sucks for searching.

[criptix]

I am loving this increased volume.

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

 Link?  My phone sucks for searching.

https://coinmarketcap.com/currencies/bitcoin/#markets

CMC seriously needs a proper process of listing stuff - its basically a free for all...


Edit:

They just removed it xD

Edit 2:

Its under no fee now:

https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/

[Elwar]

I opened a thread in Legal to discuss the Opportunity Zone tax law:


https://bitcointalk.org/index.php?topic=4740118.0

[realr0ach]

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

I guess it doesn't bother you at all that Bitfinex is a completely fake exchange that has no valid trading pair, yet a single entity on this fraudulent exchange is somehow what determines the price of the entire bitcoin market since it was at $200?  The market is NEVER moved by real exchanges, only this fake exchange is the one that mysteriously has volume and moves price.  It's a literal 1:1 replica of MtGox, and they've already pulled a Gox and stolen all customer funds yet somehow NOBODY goes to jail.  

Then supposedly they have $400 million or something seized in Poland connected to drug money laundering and NOBODY goes to jail again? LOL.  The fact this fraudulent exchange seems to be completely above the law entirely means it's probably the TBTF banks or ESF operating there trying to prop up the price of bitcoin to distract people from buying real money - silver and gold.  They want you in an Orwellian, non-fungible, completely tracked and monitored, cashless society slave system, and that's exactly what bitcoin is because transaction validators are designed to centralize into a permissioned ledger.

In other news, it seems collapse of the banks is getting much closer, because they tried to slip in more capital controls completely under the radar:

https://www.silverdoctors.com/headlines/world-news/gregory-mannarino-shocking-capital-controls-coming-to-us-banks-on-august-1st-2018/

[gentlemand]

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

Hello dear.

Be there be bounties for work this coin? For then we can make opportunity profit good times.

[criptix]

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

Hello dear.

Be there be bounties for work this coin? For then we can make opportunity profit good times.

[Aqualung89]

Bitcoin has made a rapid attack, I hope this increase is a start for other Koinler would not be a one-time situation. Because I can say that others need to increase. The Etherum also needs to be upgraded.

[realr0ach]

[Last of the V8s]

You take a strange angle on things, but ok.

[xhomerx10]

I am loving this increased volume.

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

 Link?  My phone sucks for searching.

https://coinmarketcap.com/currencies/bitcoin/#markets

CMC seriously needs a proper process of listing stuff - its basically a free for all...


Edit:

They just removed it xD

Edit 2:

Its under no fee now:

https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/

 Thanks!   Seems like erroneous data, no?

[criptix]

I am loving this increased volume.

Not fake at all - 9 billion volume from a shitcoin/btc pair on a completly new exchange with just exactly that one pair  

 Link?  My phone sucks for searching.

https://coinmarketcap.com/currencies/bitcoin/#markets

CMC seriously needs a proper process of listing stuff - its basically a free for all...


Edit:

They just removed it xD

Edit 2:

Its under no fee now:

https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/

 Thanks!   Seems like erroneous data, no?

Agree, i would do a Mcaffee if this is not fake  

9.5 billion volume now lol

[realr0ach]

^not an actual r0ach post.  Only cucks worship women as their god and spam pictures of them on message boards.  Women are such an important useful idiot tool of the Jews to try and destroy white, western civilization that the Jews even do completely illogical things like try to associate "MGTOW" with the The Daily Stormer.

[bitmover]

Maybe you just look down on those who attempt to engage in self-improvement BTC trading practices?  I try to share tips with folks, and yeah, I understand that it can be a bit overwhelming to attempt to employ something like I do, or some variation or even some variation that you attempt to tailor to your own situation.

What do you do?

Are you going to sell now at 8.000?
Did you bought at 5800 ?

I thought that most peeps here understand my methodology.

In brief, largely I am an incrementalist.  I buy on the way down, and I also dollar cost average buy, and I sell a small amount of the way up.  I sell between about 1% and 1.5% of my bitcoin stash for every 10% that the BTC price goes up, and I use a decent amount of the sales proceeds to buy back, in the event that the BTC price goes down.

I have been engaged in such incrementalism for almost 3 years.  In other words,  before October 2015, I was largely accumulating and dollar cost average buying... I also was establishing my initial BTC stake in 2014, and in a kind of maintenance during 2015, so if I ever sold any BTC for any reason, I would replace such BTC (and a bit more) quite quickly thereafter.

Currently, largely, I do not really change my practice by BIG price moves or make any BIG moves of my own.. so I am constantly selling on the way up and constantly buying as the price goes... I do tend to play around with the increments and the amounts based on how the BTC price is moving, but the amount that I authorize to buy or to sell is based on ongoing similar percentages that I authorize for myself and only tweak in small ways.  Regarding the actual price points of $8,000 and $5,800, yes I was buying all the way down.  Actually, I sold all the way up to $19666 and then I bought all the way back down and was largely prepared to keep buying , even if BTC prices were to go below $1k (which surely seems unlikely, currently).  Largely also I had been selling all the way up through the $6000s until reaching our $8000 of today.. so if the price goes above $8k I will continue to sell, and if the price goes below $7700 or something like that I will resume buying..

Thanks for your time writing this to me.

That's very interesting. I am too attached to my btc to sell. However, 1-1.5% as you said can be done..


It requires some time and effort to work also.

I did something similar to that before, however I sold and bought back about 20% of my stack in 2 operations and got very few gains, which were not worth the effort and involved high risk.

How much % gains are you having? 1-1.5% sells buys are a very good idea I liked it.