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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25439800 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. (157 posts by 13+ users deleted.)
JimboToronto
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April 26, 2021, 04:21:58 AM

My guess is you think federal income tax is the only tax.

When I see a homeless beggar lying on the sidewalk with a cigarette butt in his lips and the neck of a bottle protruding from a brown paper bag, I see a taxpayer... alcohol taxes, tobacco taxes, who knows how many other taxes.
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April 26, 2021, 04:30:00 AM
Merited by eddie13 (2), Richy_T (1)

At this point a blind can see that this trend is not sustainable, i'm of the opinion that we have a runaway indicator. People that want to see this trend continue are the same ones that act dumbfounded when next students/occupy wall st/BLM civil unrest happens. Why are those plebs are not happy with their ever shrinking share of wealth, i tried showing them youngins (with college degrees still living with their parents because they can't afford to live on their own) rolling's statistics that show that they're better off in absolute dollars but they just ignored me and continued to sharpen their pitchforks. I'd rather not have to live in enclaves and hire private army to protect myself from them. Soviets provided cheap stimulus (vodka) to control their plebs, we can provide opioids but would need to take away their healthcare first.

It is very sustainable, someone else having wealth does not take anything away from you, the opposite is true.

Nobody is dumbfounded that young people protest something they are too immature to understand fully, especially when you know how they were brainwashed throughout their years of education. There is a reason people tend to become more conservative as they get older, experience.

The plebs are not happy because they listen to too much propaganda on liberal media and Twiiter and they've been lied to their whole lives about what they were entitled to.

The youngins with college degrees who can't get a job were sold a lie. In the 1970s only 10% of people had degrees so it was a good way to secure a job. Now 35% of people have degrees and a large portion of those degrees are in fields without enough jobs for said degrees. Not many scientists or engineers are having trouble finding jobs.
https://www.statista.com/statistics/184272/educational-attainment-of-college-diploma-or-higher-by-gender/

Just because you are born, does not mean you are owed a "share" of anything. The wealth held by wealthy people is theirs and 0% of their wealth is or ever should be yours. There is not a limited wealth pie where it gets distributed amongst the population. There is unlimited wealth for those who create it and they owe none of it to those who did not create it.

The wealthy do owe taxes and the top 50% pay 97% of the federal taxes already. Even if they pay 100% of the taxes, you are still not going to change the wealth gap and you are still entitled to 0% of their wealth.
https://247wallst.com/economy/2018/10/15/top-0-001-bottom-50-of-us-taxpayers-pay-equal-shares-of-income-tax/
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April 26, 2021, 04:36:43 AM

Please BTC if you have no fuel.. go directly to the target 40-43K. Then we can talk properly for reversal and next up leg step  Grin


re-testing stronger support at about $47.5k
Might as well go straight up from there. If not now, then probably like next time.

You are absolutely right. 47500 is strong support.




https://www.tradingview.com/chart/BTCUSDT/ZXncFUun-THE-TOP-OWNER-WHALE-ADD-MORE-AND-GRAYSCALE-SHOWS-GREEN-52k/

LOL. 47.5K was broken in 10seconds so.. New local bottom is 46.9K

*cough*

$48.7k and rising.

Not the point. We printed a new local bottom, below 47.5K.

Poor wee widdle gallianooo.

Hopefully, you did not lose too much money on your DOWNity bet (actually, I will admit that I wouldn't really mind if you lost most if not all of your money because you don't come off as someone who is actually appreciating dee power of king daddy, and you likely need a wee bit of personal instruction from the school of hard knocks).

You might not have heard that is NOT good to be betting on DOWNity in a bull market.

Speaking of... I've put my Rottweiler on a vegan diet. So far I've fed him three of the bastards.

Nice quick recovery to 50K+

Yeah Let us see 52 before I go to sleep in 3-4 hours.

Would be nice to see my May 1 70k number come in.

Sure would be nice for philip ma to save some face.  There's still time, for sure (not sure if 5-6 days is going to be enough, but there is still a chance.. I am saying).  Rooting for you on this one philip... no homo.

 Cheesy Cheesy Cheesy Cheesy
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April 26, 2021, 05:14:34 AM

I totally exected this because of Bitstamp's order book and other signs. How stupid on behalf of the bears to try a suicide dump like that. Grin Grin Grin

word.
This time it was easy, even for a noob like me  Grin
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April 26, 2021, 05:57:23 AM
Merited by JayJuanGee (1)

So, who sold at the bottom girls?  Grin Hint: totally retarded, brain-dead, veggie IQ beartards!  Grin
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April 26, 2021, 06:37:28 AM

So, who sold at the bottom girls?  Grin Hint: totally retarded, brain-dead, veggie IQ beartards!  Grin

Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl  Cool

Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.
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April 26, 2021, 06:41:51 AM
Merited by El duderino_ (3)

47 -> 53 in 9 hours. Not bad.
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April 26, 2021, 07:12:52 AM

When I see a homeless beggar lying on the sidewalk with a cigarette butt in his lips and the neck of a bottle protruding from a brown paper bag, I see a taxpayer... alcohol taxes, tobacco taxes, who knows how many other taxes.

Taxes for the construction of the sidewalk. And for the street sweeper.


There are a surprising number of progressives / socialists here on what is a primarily a speculation forum

... for a libertarian project.
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April 26, 2021, 07:42:37 AM

So, who sold at the bottom girls?  Grin Hint: totally retarded, brain-dead, veggie IQ beartards!  Grin

Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl  Cool

Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.

Green candle formation on weekly chart is very positive. If Bitcoin break 56,200 then it should make  new ATH.

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April 26, 2021, 08:03:22 AM
Last edit: April 26, 2021, 09:27:22 AM by LoyceV
Merited by shahzadafzal (1)

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever.
Hey Wall Street, if you want to pay me to say something bad about Bitcoin, please make me an offer! I accept Bitcoin Cheesy

please add a word "only"
That was implied Wink
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April 26, 2021, 08:29:13 AM

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever.
Hey Wall Street, if you want to pay me to say something bad about Bitcoin, please make me an offer! I accept Bitcoin Cheesy
please add a word "only"
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April 26, 2021, 08:56:36 AM
Merited by El duderino_ (5), JayJuanGee (1)

If they wanted to create real FUD they would just have to get Craig Wright or whoever to say whilst surrounded by gorgeous women:
"Bitcoin is fantastic, it works really well but it can unfortunately never be used to pay for a whore is that right ladies?"
And they all nod and we watch the price nosedive.
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April 26, 2021, 10:18:19 AM
Merited by JayJuanGee (1)

I love the smell of burnt shorts in the morning.


@APompilano
LMAO bitcoin back to $52,000 $53,4xx already and the bears are hiding in hibernation again.

Once a system gets flushed of the leverage, we all know what happens next...
https://twitter.com/apompliano/status/1386499436252119043?s=21
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April 26, 2021, 11:10:33 AM
Merited by JayJuanGee (1)

So, who sold at the bottom girls?  Grin Hint: totally retarded, brain-dead, veggie IQ beartards!  Grin

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April 26, 2021, 11:13:45 AM

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April 26, 2021, 11:37:07 AM
Merited by JayJuanGee (1)

We're up almost 10% since the bottom. Those who sold can still buy back with a 10% penalty. It's expensive but yeah if you don't listen to your WO comrades life will teach you a lesson. Life's lessons are expensive but WO advice is free. I hope you'll choose wisely. Don't mindrust it.    Cool 
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April 26, 2021, 12:00:23 PM

Please BTC if you have no fuel.. go directly to the target 40-43K. Then we can talk properly for reversal and next up leg step  Grin


re-testing stronger support at about $47.5k
Might as well go straight up from there. If not now, then probably like next time.

You are absolutely right. 47500 is strong support.




https://www.tradingview.com/chart/BTCUSDT/ZXncFUun-THE-TOP-OWNER-WHALE-ADD-MORE-AND-GRAYSCALE-SHOWS-GREEN-52k/

LOL. 47.5K was broken in 10seconds so.. New local bottom is 46.9K

*cough*

$48.7k and rising.

Not the point. We printed a new local bottom, below 47.5K.

Poor wee widdle gallianooo.

Hopefully, you did not lose too much money on your DOWNity bet (actually, I will admit that I wouldn't really mind if you lost most if not all of your money because you don't come off as someone who is actually appreciating dee power of king daddy, and you likely need a wee bit of personal instruction from the school of hard knocks).

You might not have heard that is NOT good to be betting on DOWNity in a bull market.

 Cheesy Cheesy Cheesy Cheesy

Stop to be a f***ing stupid and arrogant guy.

Don't worry for me you know. I am into BTC since 200$ as long term holder. I am in ETH since bit less than 1$ and still have half of my bag so... If you want to talk about money, can be really funny.

I didn't loose anything, i never make short trade. If BTC would have dropped (or he will, because still possible. reversal is only on small units for now) to the 40-43K, I would/will just buy more because I have cash. that's all.

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April 26, 2021, 12:11:25 PM
Merited by JayJuanGee (1)

Another city boy who knows sweet FA about producing beef.

Not all of us city boys are clueless about our food.



The Angus steer on the right is Murray, being held by the lad who lovingly raised him like a pet, knowing full well that he was destined for slaughter. He was reserve grand champion at the prestigious Royal Winter Fair a few years back.

The guy with the glasses, second from right, is my local neighborhood butcher in downtown Toronto. He sources his meat from small, humane producers like the happy family in the rest of the picture. Happy meat is good meat. Of course it's free of artificial hormones and unnecessary antibiotics.

Murray was raised on forage and silage and finished with barley. Needless to say he was harvested humanely, locally.

I was lucky to get a couple of steaks from the front part of his rib section (with large spinalis dorsi muscles), plus a couple of flat irons (infraspinatus muscles). While we were enjoying him we had his picture up on the 55" display and toasted him, thanked him, and complimented him on his fine flavor and texture. He was delicious.
disgusting. you meat lovers are fucking psychos.


You do understand that without meat you wouldn't exist or if you would, you wouldn't be able to put together an intelligent line of words?

https://time.com/4252373/meat-eating-veganism-evolution/


Quote
As a new study in Nature makes clear, not only did processing and eating meat come naturally to humans, it’s entirely possible that without an early diet that included generous amounts of animal protein, we wouldn’t even have become human—at least not the modern, verbal, intelligent humans we are.
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April 26, 2021, 12:23:05 PM
Merited by friends1980 (2)

There are a surprising number of progressives / socialists here on what is a primarily a speculation forum

... for a libertarian cryptoanarchist project.

Perplexing isn’t it..

Screw governments, screw taxes, and I like my steaks fresh, thick, and rare..

Oh, and we need more CO2.. Our poor trees are almost starving..
And no China virus (not really a) vaccine jabs for me..

HODL
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April 26, 2021, 12:26:51 PM
Merited by rolling (1)

Really? lower 50% now own more land/resources than ever before? Cause this is a bitcoin forum and surely you wouldn't try to deceive by measuring "wealth" of lower 50% in absolute 2021 US dollars now would you?

Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number? Why was it fine at 35% in the 70s but now only a dirty commie would suggest bumping it to 21%? Following your logic on how filthy rich are more efficient than poor, then it'll be logical to raise taxes on poor and middle class (there's 0 chance they'll get us to Mars) and lower it for ultra rich? Then just hope really really hard that out of hundreds of billionaires that spend their money on hookers and blow and writing their names to be seen from space (as their rightfully should, it's their damn money Angry, new idea for Bob?) the next one hopefully turns out like Musk and decides to find cure for cancer?

This is just the US but the whole world is on a similar trajectory as long as we don't ruin it by some shortsighted socialist policies.
https://fred.stlouisfed.org/series/WFRBLB50107

Quote
Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number?

Because investment money is what allows businesses to be created, expanded, and to create jobs. Jobs aren't magical things that appear on their own. More taxes on investment money means less investment. You're not going to fix any of the wealth gap by increasing taxes anyway. They will not pay the taxes. They will just reduce investment or move to a more tax friendly country. Even when the rates were high in the past, they did not collect more taxes as a percentage of income. The wealthy will just change their behavior to avoid the taxes. It's game theory.

If you want to change the wealth gap for real and not as part of a socialist agenda, stop shopping at Amazon and using products or services from huge companies. We can go back to mom and pop shops and the wealth will be more evenly distributed.

Again, taxation will never change "wealth inequality" short of full on socialism/communism where the companies are taken away from the owners. The US tax system is already one of the most progressive in the world so stop complaining and enjoy what your ancestors built for you.


There are a surprising number of progressives / socialists here on what is a primarily a speculation forum. Its possibly what makes it a lively place for discussion.

There is one good example to compare both systems.

In 1953 Korea was divided.

Two countries starting off at same level after the utter destruction from war.

Today DPRK has GDP PPP of $1.700 whilst ROK has GDP PPP $47.000

So in the North you'd pay 30 years salary for 1BTC
In the South just 1 years salary for 1BTC.


Right, right, i see, so in the '70 where wealth was more evenly distributed, kids with a college degree were pretty much guaranteed a good paying job, 10yrs since NASA got us to the moon, and overall there was less civil unrest, in reality it was a North Korea because cap gain tax was at 35%? And anyone suggesting we go back to that is a dirty red commie, because ultra wealthy top 0.3% need more of our support just in case another one decides to cure cancer or something like that?




I thought you had put Rolling on ignore!

As you are so easily triggered, I suggest you really do put Rolling, Arriemoller and me on ignore.

Save yourself some grief.

Then you can get on with discussing the topic of Bitcoin.

Talking of which look ooo up 6.5k to $53581 overnight while I had a decent night's sound Hodl sleep.

Mrs Farmer Bill got over excited at 47k and bought $2k worth at $48k.

I am all in on both BTC and the farm, seed, fertilizer, fuel, labor all paid for. Nothing spare for more BTC.

Final input is patience.  





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