Bitcoin Forum
June 16, 2019, 08:06:29 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 2 (1.8%)
<$6,500 - 7 (6.1%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.8%)
$7,001-$7,250 - 3 (2.6%)
$7,251-$7,500 - 6 (5.3%)
$7,501-$7,750 - 4 (3.5%)
$7,751-$8,000 - 12 (10.5%)
$8,001-$8,250 - 13 (11.4%)
$8,251-$8,500 - 6 (5.3%)
$8,501-$8,750 - 6 (5.3%)
$8,751-$9,000 - 11 (9.6%)
$9,001,$9,250 - 10 (8.8%)
$9,251-$9,500 - 9 (7.9%)
>$9,500 - 15 (13.2%)
$20,000 - 7 (6.1%)
Total Voters: 114

Pages: « 1 ... 22225 22226 22227 22228 22229 22230 22231 22232 22233 22234 22235 22236 22237 22238 22239 22240 22241 22242 22243 22244 22245 22246 22247 22248 22249 22250 22251 22252 22253 22254 22255 22256 22257 22258 22259 22260 22261 22262 22263 22264 22265 22266 22267 22268 22269 22270 22271 22272 22273 22274 [22275] 22276 22277 22278 22279 22280 22281 22282 22283 22284 22285 22286 22287 22288 22289 22290 22291 22292 22293 22294 22295 22296 22297 22298 22299 22300 22301 22302 22303 22304 22305 22306 22307 22308 22309 22310 22311 22312 22313 22314 22315 22316 22317 22318 22319 22320 22321 22322 22323 22324 22325 ... 24211 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21223528 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (64 posts by 15 users deleted.)
LFC_Bitcoin
Copper Member
Legendary
*
Online Online

Activity: 1736
Merit: 1783


One of the world's leading Bitcoin-powered casinos


View Profile
December 31, 2018, 11:42:25 AM
Merited by JayJuanGee (1), infofront (1)

A year of accumulation & a slow, gradual price increase awaits but Happy New Year gents!

1560715589
Hero Member
*
Offline Offline

Posts: 1560715589

View Profile Personal Message (Offline)

Ignore
1560715589
Reply with quote  #2

1560715589
Report to moderator
1560715589
Hero Member
*
Offline Offline

Posts: 1560715589

View Profile Personal Message (Offline)

Ignore
1560715589
Reply with quote  #2

1560715589
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560715589
Hero Member
*
Offline Offline

Posts: 1560715589

View Profile Personal Message (Offline)

Ignore
1560715589
Reply with quote  #2

1560715589
Report to moderator
1560715589
Hero Member
*
Offline Offline

Posts: 1560715589

View Profile Personal Message (Offline)

Ignore
1560715589
Reply with quote  #2

1560715589
Report to moderator
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1399


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 31, 2018, 11:47:03 AM

Time to wake up Roach

VB1001
Sr. Member
****
Offline Offline

Activity: 252
Merit: 594


"Four Wheel Drive"


View Profile
December 31, 2018, 12:08:49 PM
Merited by JayJuanGee (1)

OpenNode > for Roger Ver

Thanks for the $1.25MM offer @rogerkver, but we’re going to have to turn it down. Our vision of a better, more open financial system is only possible with Bitcoin.

https://twitter.com/OpenNodeCo/status/1079180653416103941

Answer of Roger Ver:

"only possible with Bitcoin." 
That's tribalism, not thoughtfulness.

https://twitter.com/rogerkver/status/1079394075730571265


This person has neurons, just to walk. Wink


(OpenNode https://bitcointalk.org/index.php?topic=178336.msg48790638#msg48790638 )
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1399


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 31, 2018, 12:19:49 PM

Is this article correct?

I would have thought that you could carry forward capital losses to offset against future capital gains without being subject to a $3000 cap.  

It depends on the country. There are limits on:

- How much you can compensate each year
- How many years do you have to compensate the remaining.
- Against what can be compensated and against what it can't.
- etc

And also requirements like:

- How many time it has to pass between the sell and the re-buy or you can't compensate anything.
- etc

It also changes if you are an individual person, a person acting as a business, or a corporate, etc...

etc etc...... #DYOR #AskYourLocalFinancialExpert

This post does not constitute financial advise blah blah blah

In USA the 3000 cap is only on ordinary income(mainly of wages, salaries, commissions and interest income (as from bonds or cds). There is absolutely no cap or limit to how much you carry forward capital losses to offset capital gains and you can carry it forward for as long as you live. Loss harvesting is a huge part of the plunge to the end of the bear market we just witnessed. Large amounts of investors did take some profits in 2018 after the epic rise. These profits were capital gains and so they of course would owe taxes on them in 2019. Now its not hard to imagine tons of people taking a lot of profits like Boblaw and Jimbo early in 2018 and then later seeing prices much cheaper than where they sold out at. So at some point they buy some coins back cheaper than they sold, but still owe taxes come 2019. Now fast forward to the end of 2018 and these investors see the coins they bought back cheaper have lost substantial value, they understand that US wash sale rules do not apply to crypto https://cryptotaxprep.com/wash-sales-what-every-bitcoin-investor-should-know/ so it becomes very attractive for them to sell the coins at a loss with the intent to quickly repurchase them so they have the same amount of coins but a lower tax burden for 2019. However due to the economic substance doctrine https://en.wikipedia.org/wiki/Economic_substance in US tax law an investor should wait a day or two to repurchase the coins or the IRS can challenge it(disallow the loss) and say the transaction had no economic substance other than to lower their tax burden. If you wait a few days you have exposed yourself to market risk and are not violating the economic substance doctrine because your transaction had the intent of making profit in of itself and you took the risk of losing. So now imagine investors selling late in the year around 6k with the intent to buy back a few days or weeks later and this triggers a break in 6k support. Well now the tax loss harvesters are in no rush to buy back bc they can get way more coins than they started with bc coins have dropped massively so they sit back and let it play out. As it plummets you have people that bought in at 6k are reading the many msm articles about loss harvesting
 like this one https://www.forbes.com/sites/tysoncross/2018/11/19/year-end-tax-tips-and-strategies-for-cryptocurrency-investors/#5f87275a5dda and realize they too can harvest losses by selling at 5k, 4k, 3.5k etc, so they now sell fueling the fast cascade down. Then when it gets to around 3k the earliest tax loss harvesters say "well shit, lets not be too greedy here, I can get double the coins I had originally and save a ton on taxes." And that is how we find ourselves in a brand new bull market at the very end of loss harvesting season. Loss harvesters only have a handful of hours left to sell cheap and realize a loss. https://www.timeanddate.com/countdown/newyear

Happy New Years! Cheesy

Believe in The Bull and 100k will come. (or dont believe and short and it will come anyway and rekt you!)
The ancient philosopher Jesus spoke of the powerful drug Hopium and its benefits in his teachings.

Matthew 17:20 Jesus said unto them "Because you smoke so little Hopium. Truly I tell you, if you smoke enough Hopium as small as a mustard seed, you can say to this mountain, 'Move from here to there,' and it will move. Nothing will be impossible for you."



Thank you for your thoughtful response - that is exactly what I was looking for (a good explanation of the US system). 
mennguyen
Jr. Member
*
Offline Offline

Activity: 196
Merit: 3


View Profile
December 31, 2018, 12:22:16 PM

Reference data: Bitcoin Price Prediction For Tomorrow, Week And Month
Date                Min        Max        Price
2019-01-01    $3563    $4099    $3831
2019-01-02    $3847    $4427    $4137
2019-01-03    $3647    $4195    $3921
2019-01-04    $3680    $4234    $3957
2019-01-07    $3646    $4194    $3920
2019-01-08    $3317    $3817    $3567
2019-01-09    $3467    $3989    $3728
2019-01-10    $3613    $4157    $3885
2019-01-11    $3421    $3935    $3678
2019-01-14    $3742    $4306    $4024
2019-01-15    $3791    $4361    $4076
2019-01-16    $3975    $4573    $4274
2019-01-17    $4305    $4953    $4629
2019-01-18    $4358    $5014    $4686
2019-01-21    $4324    $4974    $4649
2019-01-22    $4254    $4894    $4574
2019-01-23    $4059    $4669    $4364
2019-01-24    $4161    $4787    $4474
2019-01-25    $4085    $4699    $4392
2019-01-28    $3901    $4489    $4195
2019-01-29    $4070    $4682    $4376
2019-01-30    $4014    $4618    $4316
2019-01-31    $4183    $4813    $4498

Happy New Year 2019!
We wish everyone good luck in the new year!
Hopefully 2019 bitcoin is priced above $ 15,000!
DeathAngel
Legendary
*
Offline Offline

Activity: 1316
Merit: 1078


View Profile
December 31, 2018, 01:00:11 PM

Happy New Year gentlemen! Hope we consolidate above 7k or 8k in 2019, I’d see thst as a successful year. I think we may have to wait until 2020 to see above 10k again.
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
December 31, 2018, 01:39:58 PM

Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.




DeathAngel
Legendary
*
Offline Offline

Activity: 1316
Merit: 1078


View Profile
December 31, 2018, 01:44:01 PM

Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.






You’ve exposed your private key, somebody will just sweep the balance, surely?
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
December 31, 2018, 01:45:50 PM

Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.






You’ve exposed your private key, somebody will just sweep the balance, surely?

 I shall consider it a cheap lesson if that's the case.
DeathAngel
Legendary
*
Offline Offline

Activity: 1316
Merit: 1078


View Profile
December 31, 2018, 01:47:40 PM

Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.






You’ve exposed your private key, somebody will just sweep the balance, surely?

 I shall consider it a cheap lesson if that's the case.


I can’t even be bothered for that kind of amount but that’s exactly what somebody will do.
Ibian
Legendary
*
Offline Offline

Activity: 1946
Merit: 1181



View Profile
December 31, 2018, 01:49:18 PM

Private key==bitcoin.

I... am confused as to why anyone here would be confused about this?
DeathAngel
Legendary
*
Offline Offline

Activity: 1316
Merit: 1078


View Profile
December 31, 2018, 01:56:49 PM

Private key==bitcoin.

I... am confused as to why anyone here would be confused about this?

It’s still there Cheesy

Somebody is definitely going to steal it.
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
December 31, 2018, 01:57:48 PM

There are too many trustworthy individuals here; my test results are going to be totally skewed.  
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
December 31, 2018, 01:58:35 PM

Private key==bitcoin.

I... am confused as to why anyone here would be confused about this?

It’s still there Cheesy

Somebody is definitely going to steal it.

 I have posted it for anyone to take - that's not stealing, it's recycling.
Totscha
Hero Member
*****
Offline Offline

Activity: 1111
Merit: 593



View Profile
December 31, 2018, 02:01:32 PM
Merited by vapourminer (1), Wekkel (1), xhomerx10 (1), Hueristic (1)

Private key==bitcoin.

I... am confused as to why anyone here would be confused about this?

It’s still there Cheesy

Somebody is definitely going to steal it.

It's a BIP38 password encrypted paper wallet. Impossible to sweep without knowing the password...
ðºÞæ
Sr. Member
****
Offline Offline

Activity: 846
Merit: 282


Bitcoin © Maximalist


View Profile
December 31, 2018, 02:01:59 PM
Merited by xhomerx10 (1)

Paper wallets are great and better than Ledger and co, but two issues: Water and Fire.
Metal wallets like;
 https://cryptosteel.com/ or
 https://bitkee.com/ or make your own dog tag
 https://www.amazon.com/punch-set-numbers/s?page=1&rh=i%3Aaps%2Ck%3Apunch%20set%20numbers
is the best choice in my opinion.
sam_ti_dyatel
Member
**
Online Online

Activity: 546
Merit: 82


View Profile
December 31, 2018, 02:08:29 PM

Happy New Year crypto enthusiasts and roach!
https://coub.com/view/1kdmw2
Torque
Legendary
*
Offline Offline

Activity: 1820
Merit: 1496



View Profile
December 31, 2018, 02:09:39 PM

You guys do realize that 99% of normies coming into Bitcoin are going to just buy their coin on sites like Coinbase or Gemini and leave them there?

And with all this back and forth debate about the "right" personal coin security, and the pitfalls if you get it "wrong", who could blame them.  Roll Eyes
Raja_MBZ
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 854


Vegeta! What does the scouter say about BTC value?


View Profile
December 31, 2018, 02:15:50 PM
Last edit: January 01, 2019, 12:14:45 PM by Raja_MBZ

Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.

At first, I thought that was something like a "New Year Present", until the moment I realized that the private key begins with "6P"... Grin
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
December 31, 2018, 02:16:16 PM

Paper wallets are great and better than Ledger and co, but two issues: Water and Fire.
Metal wallets like;
 https://cryptosteel.com/ or
 https://bitkee.com/ or make your own dog tag
 https://www.amazon.com/punch-set-numbers/s?page=1&rh=i%3Aaps%2Ck%3Apunch%20set%20numbers
is the best choice in my opinion.


 Those are great options.
I bought some Revlartm from DaveF a while ago for paper wallets.  It's a sort of tear-resistant and waterproof paper you can use in a laserjet printer.  
While I know it's not the perfect solution I also bought a small fire-proof safe for storing important papers as well.
Pages: « 1 ... 22225 22226 22227 22228 22229 22230 22231 22232 22233 22234 22235 22236 22237 22238 22239 22240 22241 22242 22243 22244 22245 22246 22247 22248 22249 22250 22251 22252 22253 22254 22255 22256 22257 22258 22259 22260 22261 22262 22263 22264 22265 22266 22267 22268 22269 22270 22271 22272 22273 22274 [22275] 22276 22277 22278 22279 22280 22281 22282 22283 22284 22285 22286 22287 22288 22289 22290 22291 22292 22293 22294 22295 22296 22297 22298 22299 22300 22301 22302 22303 22304 22305 22306 22307 22308 22309 22310 22311 22312 22313 22314 22315 22316 22317 22318 22319 22320 22321 22322 22323 22324 22325 ... 24211 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!