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

[vroom]

bitcoin price volatility is very low. last time it was that low we peaked to >$13k

[JimboToronto]

Good morn Bitcoinland.
Nine six two five Yankee bucks
(Bitcoinaverage).



Do we have a pulse?
At least it's not a flat line.
Not quite dead (again!)

[jojo69]

Hi all, back from an absence. Buy the dip! /ignore the ignorant!

That is all.

welcome back nano

[LFC_Bitcoin]

Seems quite bullish on here today & also a general air of positivity on Twitter when you search ‘bitcoin’.

Could we be set to start moving upwards soon?

[Torque]

Seems quite bullish on here today & also a general air of positivity on Twitter when you search ‘bitcoin’.

Could we be set to start moving upwards soon?

Soon^TM

[rebal15]

@Rhytmtrader

If you had $1 million worth of Venezuelan bolívars in 2013, it would now be worth less than 37 cents.

Bitcoin has no top, because fiat has no bottom.

https://twitter.com/rhythmtrader/status/1168129091960221696?s=21

^^^^

That is ridiculous

Rhytmtrader has no human sens. Instead of showing out support for the people of Venezuela who have difficulties for simple and essential needs of their lives, he uses Venezuela to promote bitcoin.

[Wilhelm]

Seems quite bullish on here today & also a general air of positivity on Twitter when you search ‘bitcoin’.

Could we be set to start moving upwards soon?

Soon^TM

Soonish^TM

[Wilhelm]

@Rhytmtrader

If you had $1 million worth of Venezuelan bolívars in 2013, it would now be worth less than 37 cents.

Bitcoin has no top, because fiat has no bottom.

https://twitter.com/rhythmtrader/status/1168129091960221696?s=21

^^^^

That is ridiculous

Rhytmtrader has no human sens. Instead of showing out support for the people of Venezuela who have difficulties for simple and essential needs of their lives, he uses Venezuela to promote bitcoin.

+1
Those people need a leader that can restore it to the wealthy country it should be.

[JayJuanGee]

squabbling over politics in the wo??!  ...say it ain't so!

Exactly!

It's quite rare that this thread gets off topic, and we especially shun the discussion of politics, sex or religion because we know how "sensitive" dee udder peeps are fewings.  And "we" (royal) doesn't want no bodies to get dem selfies hurting.


 

[nutildah]

A picture is worth a thousand words.

[Negotiation]

@eagletwitt3r

Everything else can be taken from you by men in black with guns #Bitcoin


https://twitter.com/eagletwitt3r/status/1168026089483956224

[JayJuanGee]

@Alexanderjest

The case of $100 000 000 per Bitcoin.
Bitcoin could be $100 m+ without hyperinflation @ Worldwide Adoption
The total cap of BTC should be equal to World Total Wealth (WTW), which in 60 years will be weĺl above $3000T.
As you can find below the graph represents that process.



https://twitter.com/alexanderjest/status/1168149294878253056?s=21

We are the next generation of uber, wealthy elite.

Seems pretty decent.

I am not planning to be alive in 60 years, but I am expecting (based on that trajectory, and even less bullish possible outcomes) that any of us who are HODLing and accumulating bitcoin will be able to profit decently well in time frames that are much shorter than 60 years... even likely to be profiting decently in 2 years, 5 years or 10 years... much more manageable as compared to 60 year projections... even though 60 year projections could be quite decent preparation timelines for any of us who either have kids or considering the possibilities of persons who have not been born yet but will potentially be directly (relatedness) connected to us.

[JayJuanGee]

Probably 30 C° now.
A little bit humid because such overcast. But now it’s sunny and windy (couple of kytesurf riding up and down).
Ready to take a bath now!
(I aMa grown up Italian and I won’t wait the compulsory 3h and half after lunch that every italian mum requires to wait).
 Search party off I don’t update the post in one hour!

EDIT: safely back on the shore. Battery was dead...

When I was a kid, we only had to wait one hour.

And a quick look on the interwebs (not that we should trust the interwebs NOT to kill us.. I would trust my mum more, even if she might be a bit overly cautious) seems to show that there is no danger in going in the water immediately (without waiting)... Go figure.   How times have changed!!!!!   

[JayJuanGee]

One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.

makrospex is living on passive income?  Bitcoin?  I did not know that.  Any opsec issue(s), here?

[d_eddie]

@eagletwitt3r

Everything else can be taken from you by men in black with guns #Bitcoin


https://twitter.com/eagletwitt3r/status/1168026089483956224

On the contrary, bitcoin can only be taken by men equipped with $5 wrenches... 

[mindrust]

One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.

makrospex is living on passive income?  Bitcoin?  I did not know that.  Any opsec issue(s), here?

Yep he does. The man is living the dream. Skateboarding at 40's, no work, fuck all.

Check below:

Yes, i see BTC as the digital gold. Maybe all future e-currencies are valued against Bitcoin, why not?
Most people in my environment are dumb, they call BTC a hoax. My brother in law wanted to invest in Bitcoin when it was around $350, and his father talked him out of it, into some kind of fund-based asset (i don't know the english term for this). He called his father an idiot in 2017, of course, but the latter still thinks he was right. This is the second "nearly"-coiner i knew to date. The other one had Bitcoins, but only for Silkroad and the likes. He never held them longer than for some weeks.
When you even talk about Bitcoin here, you are suspect to criminal activity, money laundering or you are seen as a moron who wants to lose all his money. They think it's child play, regardless what the facts are, they always know better. This is normality where i live, i am the megageek. I'm skateboarding at age 40+, i'm living on passive income, so i got that "strange freak that does not go to work" image and most people are intimidated by my presence, excluding very few, close friends and family members.
My mother and my wife are the only persons that know that i got the corn. The average IQ in my neighborhood can't be much more than a weak 90 at max.
A guy like RealRoach would be a respected mayor candidate of the town i'm living in. Time went on, in other parts of my country, not so much where i made myself a home  

[THX 1138]

Kicking the ant heap for probably the final time. Another message relayed:

(Fwiw, not Shelby's sock puppet. Try checking my posts over several years - but you'll believe what you want to believe ultimately)

Let’s depart with some useful information...

Retiring to Portugal, 

https://cointelegraph.com/news/portugal-tax-authority-bitcoin-trading-and-payments-are-tax-free

Does not matter if you are a U.S. Citizen, you always have to pay income tax no matter where you are in the world.

You can't change U.S. citizenship?

As I posted in reply to you several days ago (albeit with not as much specificity, as I thought all needed was a reminder), you can renounce your US citizenship, but you get taxed for the privilege of doing so. Heavily.

They take half as I understand it.

Land of the free indeed.

The exit tax for U.S. citizens only applies if you have more then $2 million net worth. It has onerous implications such as 10 years of ongoing reporting to the IRS when you’re no longer a U.S. citizen.

There is one potential loophole. Currently there is a lifetime $11 million gift tax exclusion, so you could in theory gift your wealth to someone who would gift it back to you after renouncing. Note gift taxes laws in other countries are a maze, so you need to be careful if you gift to a non-U.S. citizen.

But given the Wiemar Republic collapse the West is ostensibly descending into, probably the governments will come after you later and claw everything back because you employed a loophole. Civil Asset Forfeiture means if you sold Bitcoin, later Bitcoin is tainted by illegal activity, the government can take your house not because you did wrong, but because Bitcoin did wrong. This sort of insanity is coming to the West.

Don’t feel so smug if you’re European. The EU is coming after you with a new wealth tax proposal which will apply even if you’re not a resident.

The West is going to confiscate all the private property. This is what Westerners do to themselves at the end game. Again the Wiemar Republic (and currently Argentina) are potentially examples of where the West is headed over the next decade or two.

[d_eddie]

Time for some Sunday Haiku

A victim-less crime
Possession of crack cocaine
Mandatory minimums

¯\_(ツ)_/¯

Mandatory terms
Prison populations grow
U.S. War on Drugs ex·po·nen·tial·ly

︻╦̵̵͇̿̿̿̿══╤─


edit: for clarity

+1 WOsMerit
But the unedited version is stronger IMHO, the war on drugs line makes for a tidy kigo.

[Millionero]

@Alexanderjest

The case of $100 000 000 per Bitcoin.
Bitcoin could be $100 m+ without hyperinflation @ Worldwide Adoption
The total cap of BTC should be equal to World Total Wealth (WTW), which in 60 years will be weĺl above $3000T.
As you can find below the graph represents that process.



https://twitter.com/alexanderjest/status/1168149294878253056?s=21

We are the next generation of uber, wealthy elite.

Seems pretty decent.

I am not planning to be alive in 60 years, but I am expecting (based on that trajectory, and even less bullish possible outcomes) that any of us who are HODLing and accumulating bitcoin will be able to profit decently well in time frames that are much shorter than 60 years... even likely to be profiting decently in 2 years, 5 years or 10 years... much more manageable as compared to 60 year projections... even though 60 year projections could be quite decent preparation timelines for any of us who either have kids or considering the possibilities of persons who have not been born yet but will potentially be directly (relatedness) connected to us.

JJG is truly a decent fellow.

[fillippone]

 Wow!  I can't believe the beach was deserted.  Only one day in July we hit 30°C where I live!  Maybe I should move...
Not sure about that mandatory 3.5 hour wait after eating though... but is the reason the food or the the effect of the wine you wash it down with?
 

Ah!
It’s the last day of my holiday.
I am at the airport ready to flight back home.
Italy has many problems, but at least you can fly from any point to any point in less than 2 hours.

And no.
It’s not alcohol related: in Italy every mom consider the sea as lava before 210 minutes after lunch. Any lunch. Even only a sandwich. That’s not because of science, but because Italian mums.