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

[OutOfMemory]

Up for a wee bet?
1 sMerit that $32k won't get filled?

Sure. Why not. 24 hours ?

This is fine.

[1714315727]

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[NeuroticFish]

that $32k won't get filled?

It was already touched 1h ago, so you have quite a good chance to lose this.

[_javi_]

https://www.reuters.com/article/us-usa-biden-yellen-idUSKBN29O1WX

"She raised eyebrows of some senators and Wall Street when she said that Treasury would consider the possibility of taxing unrealized capital gains - through a “mark-to-market” mechanism - as well as other approaches to boost revenues."


She may be nuts, but who put her in charge is a dork

[shahzadafzal]

It's a dip....

[OutOfMemory]

that $32k won't get filled?

It was already touched 1h ago, so you have quite a good chance to lose this.

Yep. A desperate cry for Fortuna's kiss 

[El duderino_]

Up for a wee bet?
1 sMerit that $32k won't get filled?

Sure. Why not. 24 hours ?

This is fine.

What’s the bet

[OutOfMemory]

Up for a wee bet?
1 sMerit that $32k won't get filled?

Sure. Why not. 24 hours ?

This is fine.

What’s the bet

Bob receives one full sMerit from me if his $32k order gets filled within 23.8 hours.

EDIT: And it's my last sMerit, so i have to really take care not to forget about the bet.
Set my phone to remind me every 30 minutes. This should work.

[Siigari]

I'm hoping for 30k.

Was talking to some friends and I said 32k wasn't unreasonable the day after the election because Dems are going to want to regulate the love out of crypto. Surprised that I was right, a little bit.

I am hoping for 1-2 months for a 20-24k buying position. Obviously I'd love for bitcoin to remain strong but these spikes always have massive corrections back to where they came from.

[qwizzie]

Source : tradingview

Monthly chart.
I am keeping a close eye on the MACD indicator. 1st of February should be interesting.
I suspect MACD to signal a trend change either 1st of February, or the next month.

[somac.]

https://www.reuters.com/article/us-usa-biden-yellen-idUSKBN29O1WX

"She raised eyebrows of some senators and Wall Street when she said that Treasury would consider the possibility of taxing unrealized capital gains - through a “mark-to-market” mechanism - as well as other approaches to boost revenues."


She may be nuts, but who put her in charge is a dork

Yellen also said she wants to "curtail" bitcoin because, she claims, it's used for money laundering.
Countless billions USD go through the money laundry,  yet Yellen doesn't want to "curtail" the use of dollars.
The needle of my double standard detector is pinned at the right end of the scale.
Yellen's going to be just as bad as Mnuchin was.  She fears bitcoin and wants to kill it.

And she'll fail like the rest of her sociopathic mafia pals

[d_eddie]

An attempt to tax unrealized capital gains would be a disaster for the new administration. I understand they need to scrape what they can, but this would bite deep into the ass of the vanishing middle class. Most of Biden voters wouldn't understand, and rightly so.

[tertius993]

Up for a wee bet?
1 sMerit that $32k won't get filled?

Sure. Why not. 24 hours ?

This is fine.

What’s the bet

Bob receives one full sMerit from me if his $32k order gets filled within 23.8 hours.

EDIT: And it's my last sMerit, so i have to really take care not to forget about the bet.
Set my phone to remind me every 30 minutes. This should work.

Hmm, don't think you'll be needing many reminders ... Bitstamp below $32k now, I think any orders down to $30k are likely to be filled.

[somac.]

An attempt to tax unrealized capital gains would be a disaster for the new administration. I understand they need to scrape what they can, but this would bite deep into the ass of the vanishing middle class. Most of Biden voters wouldn't understand, and rightly so.

It's just a distraction, they'll act like this is a last resort and a consquence of the previous adminstrations inaction. Then all of a sudden there'll be a breakthrough, and they'll find that MMT is a much more sensible option. They are certainly not going to hurt hard working american families with a tax on unrealised capital gains. That's something the evil other people would do.

[samson]

An attempt to tax unrealized capital gains would be a disaster for the new administration. I understand they need to scrape what they can, but this would bite deep into the ass of the vanishing middle class. Most of Biden voters wouldn't understand, and rightly so.

Which is exactly why it will never happen.

[vapourminer]

I am hesitating to fire my last few quid off the bank account to the broker.
But then i'd be stepping into over-investment territories.


guts say: do it, now!
mind says: don't overinvest.
so what to do now?

#fallingknifehaiku

cowards always lose
the brave always go all in
but both can be rekt

so the answer is
how in the f*ck should i know
just buy that sweet corn

#haiku

[OutOfMemory]

I am hesitating to fire my last few quid off the bank account to the broker.
But then i'd be stepping into over-investment territories.


guts say: do it, now!
mind says: don't overinvest.
so what to do now?

#fallingknifehaiku

cowards always lose
the brave always go all in
but both can be rekt

so the answer is
how in the f*ck should i know
just buy that sweet corn

#haiku

Almost gave you my last sMerit for that, but i saw it's already owned by Bob  

+1 WOsMerit

EDIT: Never mind, got re-stocked by our nice community members. Thanks y'all!

[OutOfMemory]

Up for a wee bet?
1 sMerit that $32k won't get filled?

Sure. Why not. 24 hours ?

That didn't age well  
LMAO  
Merit sent.

EDIT:
And now, Bitcoin, go back, up to sky-high prices again!

[vapourminer]

Nice cup of tea this morning!

Got to get myself one of those, but I don't drink coffee or tea. I guess I can always leave it at work when I retire at the end of this year.

you know those cups can hold alcohol too right 4 shots to a cup iirc

[600watt]

An attempt to tax unrealized capital gains would be a disaster for the new administration. I understand they need to scrape what they can, but this would bite deep into the ass of the vanishing middle class. Most of Biden voters wouldn't understand, and rightly so.

Which is exactly why it will never happen.

an attempt to tax unrealized gains would send the stock market into the abyss. everyone would want to get at least some realized gains (even if taxed) rather than paying a tax on unrealized gains (which are only paper gains that are useless). that crash would eliminate the unrealized gains and there would be
1) no unrealized gains = no tax
2) no gains at all = no tax on gains possible

has this been done before?

[free-bit.co.in]

Thanks for the dump!!!!  

Bought some more for $8400



(Sold some on $40k levels).