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

[Hueristic]

A friend calling me with questions about “decentralized finance” someone knows about it ?
Dharma.io is a thing in it ..... ??  

Bitcoin is the decentralized finance he is looking for.

The one on Eth is vaporware.

Show him this:
https://www.theblockcrypto.com/post/56207/bzx-attacked-again-645k-in-eth-estimated-to-be-lost

He always do like to listen to Ivon on Tech .... and they where talking about "decentralized finance"

He was a bit impressed and wondering what it exactly was and if its worth any time...

It is as impressive as the promises from 2015/2016 that Smart Contracts would be used in everything and replace normal contracts. Where are they being used? Token generation. Anything else?  Decentralized finance is the new buzzword for nonsense.

I don't think any of these guys know in 1994 Nick Szabo thought up smart contracts and it wasn't something vitalik came up with.

One day I expect ETH will burn when all the lies become evident to those that didn't DYOR.

[lightfoot]

It's the weekend, Bitcoin is under 10k, I'm going to start drinking with my gal....

[bkbirge]

Haha! I love those old pulp covers.

[kurious]

The difference in rates might be explained by early sufferers getting the best treatment the developed world can offer.  Adding a few hundred more per hospital and you might see the death rate per diagnosis change for the worse and head at least toward, if not matching the Chinese rates.

EDIT: Not to have a pop at some level headed optimism, Hairy - jus' postulatin'

That’s a good point.  Another confounding factor is that healthcare in most of the West is free.  In China you generally have to pay for healthcare.  There are heartbreaking stories of pregnant women dying after their medical support was stopped because their extended families ran out of money after spending $50k on ICU support.

We should expect fatality rates to be higher in the USA than Canada for example. 

Yup... I do wonder what will happen if hospitals are swamped in the USA. What will the CDC and the healthcare system do, prioritise the paid up and insured? I suppose there is a 'gov't steps in' plan?  I honestly don't know enough to comment.  I guess money will be thrown in centrally, they will probably approach it as they would a war. 

[Hueristic]

If not, he has said he will return my bet stake ... with interest

If not, we will make him go missing!

I’m going to do a runner with the 0.012 BTC

I see you've been playing the long Con.

Can I request for a pic of a young nude female, walking on her hands on top of Mt. Everest?

Thank you in advance.

Here you go.

[Last of the V8s]

oh nanny!

[lightfoot]

Haha! I love those old pulp covers.

I know. But it takes a special kind of girl to chug a 5 gallon bottle of wine single-handed.

You marry that.

[d_eddie]

The wine shop on Hell's Street is rumored not to be the best source though.

[fillippone]

Good Morning WO gang!
Observing corn @9647
Observing people around you going bonkers because of first COVID-19 contagion at 60km from where they (we) live.

A few of details of this story are actually scary:

• The infected person never travelled to China
• The invected person ate a pizza one month ago (forget 14 days incubation period then) with a colleague of his who was back from China
• That particular person has no symptoms and tested negative to every check.

Uhhhh or there is undetected community spread of the virus.  How does he know he has it if he has no symptoms?

The facts are not clear actually.

Italian press is all over the case: of course now all the focus is n the virus spread.
There is the guy is infected
The pregnant wife is infected
The third infected is...

...drumroll...

a friend of the couple (not better specificed whose of the two members of the couple he's closer to....)

EDIT: SixSixteen infections right now.

Well, that escalated quickly: first COVID-19 death in Italy (78 yo man)

[jojo69]

dolls on dope

[HairyMaclairy]

soap on a rope

[Arriemoller]

Personal Income Tax Rates

Country	Tax Rate
Sweden	57.20
Japan	55.95
Denmark	55.80
Netherlands	51.75
Portugal	48.00
Australia	45.00
China	45.00
France	45.00
Germany	45.00
Greece	45.00
South Africa	45.00
Spain	45.00
United Kingdom	45.00
Italy	43.00
South Korea	42.00
Switzerland	40.00
United States	37.00
India	35.88
Argentina	35.00
Mexico	35.00
Turkey	35.00
Canada	33.00
Indonesia	30.00
Brazil	27.50
Singapore	22.00
Russia	13.00

USA looks like a bargain compared to  the others. The only dealbreaker is, you get taxed twice if your income is outside of the US. I don't know if there are other countries doing this.

Let my clarify a bit. Income tax in Sweden is payed to the local council/county and it varies from place to place but usually hovers around 30%. However, if you make more than 50930 USD equivalent per year you also pay 20% state tax on the amount above 50930. where they get the 57,20% from I don't know.

[Hueristic]

Personal Income Tax Rates

{table snipped}

USA looks like a bargain compared to  the others. The only dealbreaker is, you get taxed twice if your income is outside of the US. I don't know if there are other countries doing this.

These numbers are worthless in this context as they are nothing more than variables in a larger formula. These countries all provide more or less services for that "income" tax where others have mandatory costs such as insurance and healthcare which others do not that are not factored in which are hidden additions to that percentage.

typical fauxism taken out of context


people who restrict their news intake to one faction frequently fall for these

I'm glad I had all my fetuses murdered back in the 80's and 90's.

[Searing]

Don't let them scare you into reporting you "holdings"!

Tell them NOTHING!

The IRS has known about me since 2013. Banker reported me to SEC for an over 10k sale to get KNC Jupiter Miner from Sweden...
...went to phone meeting with a banker and SEC (voice phone SEC end) and banker's 'proof' was BTC was 'evil' and no way I had
done taxes (spring 2014 with new IRS crypto rules) slap'd down my CPA done Tax Forms paid and SEC guy in a 'resigned' voice is
why am I here? ...so you can account for the BTC now or when they come later..I myself when the IRS or Whomever comes by saying
I am not legit due to my (1) trophy girlfriend (2) boat on the lawn (3) flashy car etc, will show them my 'legit' crypto earnings and tell
whoever they are to go 'pound sand' ..eventually KYC will be for all exchanges...so it will only get worse IMHO. (hope it is not as
bad as all that ...but soured me on what to expect as a newbie till now from 2013.

Brad

[Hueristic]

Don't let them scare you into reporting you "holdings"!

Tell them NOTHING!

The IRS has known about me since 2013. Banker reported me to SEC for an over 10k sale to get KNC Jupiter Miner from Sweden...
...went to phone meeting with a banker and SEC (voice phone SEC end) and banker's 'proof' was BTC was 'evil' and no way I had
done taxes (spring 2014 with new IRS crypto rules) slap'd down my CPA done Tax Forms paid and SEC guy in a 'resigned' voice is
why am I here? ...so you can account for the BTC now or when they come later..I myself when the IRS or Whomever comes by saying
I am not legit due to my (1) trophy girlfriend (2) boat on the lawn (3) flashy car etc, will show them my 'legit' crypto earnings and tell
whoever they are to go 'pound sand' ..eventually KYC will be for all exchanges...so it will only get worse IMHO. (hope it is not as
bad as all that ...but soured me on what to expect as a newbie till now from 2013.

Brad

Coinbase ratted me out years ago. Lol

Estonia could be a nice choice for you. Not far away from Denmark, quite civilized and they also offer e-residency. I'm sure you'll feel like in tax haven there after living in Denmark 

Edit: If my memory serves me well we had a WO member from Estonia here? Perhaps you could contact him for more info.

If memory serves me correctly (which it doesn't always these days) I remember seeing a post from Risto saying he was fleeing the Estonian taxmen with nothing but a bag of cloths and a suitcase of fiat.

[goldkingcoiner]

Don't let them scare you into reporting you "holdings"!

Tell them NOTHING!

The IRS has known about me since 2013. Banker reported me to SEC for an over 10k sale to get KNC Jupiter Miner from Sweden...
...went to phone meeting with a banker and SEC (voice phone SEC end) and banker's 'proof' was BTC was 'evil' and no way I had
done taxes (spring 2014 with new IRS crypto rules) slap'd down my CPA done Tax Forms paid and SEC guy in a 'resigned' voice is
why am I here? ...so you can account for the BTC now or when they come later..I myself when the IRS or Whomever comes by saying
I am not legit due to my (1) trophy girlfriend (2) boat on the lawn (3) flashy car etc, will show them my 'legit' crypto earnings and tell
whoever they are to go 'pound sand' ..eventually KYC will be for all exchanges...so it will only get worse IMHO. (hope it is not as
bad as all that ...but soured me on what to expect as a newbie till now from 2013.

Brad

Holy shit what a scary thing. Has anyone else here been affected in a similiar way like this?

[HairyMaclairy]

A 20-year-old Chinese woman from Wuhan, the epicenter of the coronavirus outbreak, traveled 400 miles(675 km) north to Anyang where she infected five relatives, without ever showing signs of infection, Chinese scientists reported on Friday, offering new evidence that the virus can be spread asymptomatically.

[...]

All five of her relatives developed COVID-19 pneumonia, but as of Feb. 11, the young woman still had not developed any symptoms, her chest CT remained normal and she had no fever, stomach or respiratory symptoms, such as cough or sore throat.

https://www.reuters.com/article/us-china-health-study/wuhan-woman-with-no-symptoms-infects-five-relatives-with-coronavirus-study-idUSKBN20G00J

[Globb0]

I think BTC is going to rise.

The legendary rpietila.

fixed that for you

The once legendary rpietila.

very sad but fuck off. OK thanks you got me into monero, then you robbed a lot of people.

Why arent people like this banned.

Big shame, the fallen hero from my view.

Fuck off then fuck off again.

We all do have our fallen Hero's 

 Not worth any attention if they robbed you

actually I'm very lucky the game was too complicated for me to understand really.

There were lots of promises, but in researching "how to" I found a darker side that warned me off. Some people just stuck in a hole and stuff.

Others were not so lucky and we are talking big money here, especially in today terms.

Then an effective exit scam/ more empty promises to repay stuff never fulfilled.

Unbelievable excuses such as fire, robbery, flood, bird flew away with paper wallets etc. all in about a week.

Big shame

[jojo69]

bird flew away with paper wallets

[Globb0]

Today I got called Australian by an USA

weirdos