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Question: Oct. 31 Closing Price:
$0 - 4 (5.2%)
<$7,000 - 9 (11.7%)
$7,000-$7,500 - 5 (6.5%)
$7,500-$8,000 - 10 (13%)
$8,000-$8,500 - 15 (19.5%)
$8,500-$9,000 - 10 (13%)
$9,000-$9,500 - 5 (6.5%)
$9,500-$10,000 - 4 (5.2%)
$10,000-$10,500 - 5 (6.5%)
>$10,500 - 4 (5.2%)
>$20,000 - 6 (7.8%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21410163 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. (109 posts by 22 users deleted.)
makrospex
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October 10, 2019, 12:21:58 PM
Merited by Arriemoller (2)

Hmmm my response "Why don't you go fuck yourself?" to Whiteboys post was also deleted.

So it's not just responses to Fatty that gets deleted. I'm starting to think that someone is pulling my leg.
And I still have no clue as to who is doing it. The moderator (Infofront) isn't doing it.
And as far as i can judge I'm not breaking any of the WO rules, remember this is a self moderated thread with special rules.

I Really would like to know who and why.

Isn't there a thread management history for admin/staff?

There's a public deletion history here, but it doesn't show who made a deletion.

https://bitcointalk.org/modlog.php

This is Arriemoller's post deletion record.

Quote
Delete reply: Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion in topic #178336 by member #159292


noice  Cool
Afaik from installing and managing other message boards, there should be privileged views of the same modlog where higher level users can see who did what. So either an admin is reading this and reveals the mod, the mod itself does it or some user having private contact to admin/mods finds out and sends pm to Ariemoller.
But i regards this of less importance than adding a comment field to the modlog, where a short note about the reason for deletion can be written by the mod/admin that deleted a thread/message/user.
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October 10, 2019, 12:24:23 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.
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October 10, 2019, 12:26:37 PM


This is quite insulting.
Please change to

#nonohomo
#notserious

Devawnm367
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October 10, 2019, 01:14:23 PM

The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term.  Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!
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October 10, 2019, 01:19:30 PM

The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term.  Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!

Sorry to say that... But it is completely wrong.
Miners produce. They have to pay their bills. They have to sell.

It's not a question of choice, in the BTC ecosystem there MUST be sellers. There will always be.

The only question is: is there more sellers or buyers?

I'm bearish until the end of October.
Oxstone
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October 10, 2019, 01:21:38 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.
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October 10, 2019, 01:40:52 PM

The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term.  Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!

welcome to last month
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October 10, 2019, 01:42:50 PM

$9k soon!
Observing @ $8,498
Let's break!!!
By the way, good morning 🙂
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October 10, 2019, 01:53:19 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.

I hope you're right but their FAQ says:

Quote
If a hard fork is followed by an airdrop and you receive new cryptocurrency, you will have taxable income in the taxable year you receive that cryptocurrency.

So what does receive mean in that sentence? Because I technically could say I have Bitcoin Gold, though I've never downloaded their wallet, nor imported my private keys into it. But I had Bitcoins in actual Bitcoin addresses at the time of the Gold fork. When do/did I "receive" the Bitcoin Gold? Do I already have them? Not until I sell them like you interpret? Do I have to backfile my 2017 taxes if I sell the fork now as income then, plus pay the capital gains? Can I argue at the time of the fork the chain had no value and thus there was no actual income?

It's all so stupid.

LUCKMCFLY
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October 10, 2019, 02:22:21 PM

Bitcoin gains 3.6% as UNICEF begins accepting cryptocurrencies..


Source: https://decrypt.co/10192/bitcoin-gains-4-unicef-accepting-cryptocurrencies

They consider it a blessing to receive cryptocurrencies, this has brought a very good impact to the market.
rolling
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October 10, 2019, 02:52:36 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

They don't understand the difference between a fork and an airdrop so of course they screwed it up by combining them.

In either case, they treat forks like airdrops and they are clear that if it's technically possible to exercise control over the fork coins, then they are taxable on the date of creation at the market price regardless of whether you access them or not. The selling of the coins is a separate taxable event.
rolling
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October 10, 2019, 02:53:36 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.

That isn't what it says at all.
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October 10, 2019, 02:56:35 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.

So, having read the PDF, and noting that I am not a tax lawyer:

It all basically comes down to if you have control of the hard forked / airdropped coins. 

If your BTC are on an exchange, and a hard fork or airdrop occurs where the exchange credits you the new coins... then you are on the hook for the income as you have control of the new coins in your exchange account.

If your BTC are on an exchange, and a hard fork or airdrop occurs where the exchange DOES NOT credit you the new coins... then you are in the clear, you don't owe anything on the new coins.

If your BTC are in a personal wallet, and a hard fork/airdrop occurs..  If you know about it and download the "new" wallet so you can have control of the new coins, again you are on the hook.. report that income.

If your BTC are in a personal wallet, and a hard fork/airdrop occurs..  If you are unaware of it, and never download the new wallet... It will prolly come down to how understanding the IRS auditor is..  either you owe it, cuz you *could* get control if you downloaded the new wallet,  or you don't owe, cuz you obviously wouldn't download a wallet for something you were completely unaware of...

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October 10, 2019, 03:00:11 PM

According to an Analyst, it is imperative that the price remains at $ 8,600 or more, it is a very strong resistance.


More Info: https://www.newsbtc.com/2019/10/10/why-bitcoin-price-should-retake-8600-to-maintain-bull-trend/

According to this, I think that a liquidity zone is generated there to resist any bearish blow.  

The bulls must be prepared to make this good and strategic movement.
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October 10, 2019, 03:05:49 PM

My posts with the same content have also been deleted.  I am heart broken. 

The plot thickens.
Congrats on Legendary!

Let's not attract the attention of the serious-minded mods.
That's what got us rusticated last time - too many reports.

For that matter, maybe I need to start deleting more of the "Fuck You" and trolling posts. We can't have Fatman flooding the mods with reports  Roll Eyes
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October 10, 2019, 03:09:15 PM

~snip~

JSRAW, you are seemingly correct ....... (Edited)

(Edited) they can say, publicly to you, to butt the fuck out... hahahahahaaha


Agreed and cherry picking  Grin



#NoHomo
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October 10, 2019, 03:10:07 PM

https://www.forbes.com/sites/kellyphillipserb/2019/10/09/irs-issues-new-guidance-on-the-tax-treatment-of-cryptocurrency/#4f7b79d459e5

Looks like they want to treat the hardforks and airdrops now as taxable income events. Hopefully someone can explain how that isn't the case. All I need is to worry about now is keeping track of the 50 shitcoin hardforks and airdrops that get created everyday. That makes no sense so I assume I am wrong somehow.

No you're right. But you don't have to worry about it. It's rather a good news in fact, I hope it will be enforced heavily.

The idea is that you can be taxed ONLY if you sell the result of the fork. If there is a fork and you don't do anything with the coins then nothing is taxable.

How is it a good news? Well it decreases the incentive of a fork. Because tons of people won't get the new coins, knowing they will be taxed.

Hence less shitcoins and less forks.

That's incorrect. If you receive airdropped/forked coins, you're responsible for reporting that as income. Period.
The only loophole is that you're not responsible if you can't actually claim the coins, or have no control over them. An example of that would be if your exchange doesn't distribute the forked coins to you.
JayJuanGee
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October 10, 2019, 03:10:42 PM

The BTC price is holding at a steady $8,400 range. With the release of bakkt we should be seeing 10k within a week or 2. I believe another bull run is coming. I would only sell partial bags and hold the rest long term.  Remember BTC price cannot crash if noone sells! If noone sells the price HAS to go up!

Sorry to say that... But it is completely wrong.
Miners produce. They have to pay their bills. They have to sell.

It's not a question of choice, in the BTC ecosystem there MUST be sellers. There will always be.

The only question is: is there more sellers or buyers?

I'm bearish until the end of October.

Bearish in a bull market.  Go figure.
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October 10, 2019, 03:52:04 PM

My posts with the same content have also been deleted.  I am heart broken. 

The plot thickens.
Congrats on Legendary!

Let's not attract the attention of the serious-minded mods.
That's what got us rusticated last time - too many reports.

For that matter, maybe I need to start deleting more of the "Fuck You" and trolling posts. We can't have Fatman flooding the mods with reports  Roll Eyes

You're a mod, smartass. And you know that's not the case.

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October 10, 2019, 03:56:53 PM

For that matter, maybe I need to start deleting more of the "Fuck You" and trolling posts. We can't have Fatman flooding the mods with reports  Roll Eyes

You're a mod, smartass. And you know that's not the case.

You think infofront is a mod? That's rich.
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