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

[rjclarke2000]

I'm in the UK so it's more than likely different but I wouldn't have thought it would be any better for us in the slightest.

I have traded bch for btc and have upped my stash by 14%. I'm happy with that but I don't hold near what you hold. It does me though and I'm happy with it.

The tax thing is just something I will have to face later down the line. I have never sold a satoshi as of now.

[Ibian]

I am so glad I don't have to deal with tax bullshit. No taxes on bitcoin gains in my country, it's just treated like any ol garage sale.

[rjclarke2000]

I am very jealous.

[BubblePopper]

I strongly recommend you check your email addresses here https://haveibeenpwned.com/

711 million mega dump recently passwords and emails comprised .

Onliner Spambot (spam list): In August 2017, a spambot by the name of Onliner Spambot was identified by security researcher Benkow moʞuƎq. The malicious software contained a server-based component located on an IP address in the Netherlands which exposed a large number of files containing personal information. In total, there were 711 million unique email addresses, many of which were also accompanied by corresponding passwords. A full write-up on what data was found is in the blog post titled Inside the Massive 711 Million Record Onliner Spambot Dump.




 

I wonder if the hackers got my 2FA too? If you don't use 2FA on email.... i swear.

[BubblePopper]

Nonsense. If the market moves strongly to Bitcoin Cash over Bitcoin Core, then the narrative that 'Bitcoin Cash is The Real Bitcoin' will have been proven true.

It's not a matter of Bitcoin(TM) brand, but who controls the toy. Would you invest in anything hijacked by the 3 stooges?

my problem with selling bitcoin cash and moving it to BTC proper is taxes. IF I ignore it the IRS may call it a stock split...
if I dork with it and move/sell or whatever they may say it is money from air (like mining) and want 47% income tax.
(yeah I'm in that bracket)

so I'm just leaving it alone and playing ignorant (along with my bytetball, bitcore, clams and any other air dropped stuff to my BTC addresses
I just know if I cash out ...that will count as a tax event ..even if I move it in like kind to btc....they will call it mining...or income

from air and tax it like mining....just saying..its the IRS...they really don't like money from air (mining) in the usa..I think they will tag
this as such if you move it....sell it...or whatever..the 2013 IRS guidelines were released 10 days before the tax deadline in 2013....so
I am cautious..(The IRS no like us much me thinks)

why I'm on the fence or my strategy at this time

in a stock split, you are not gifted "free money"
 and BCC was NOT free money... someone bid the price up to give it that value. A stock divided the amount of shares by the same amount the price is multiplied by... no wealth is gained. Same thing happened with BCC.

Reason it feels like you made money (is because you did) is the moment it released it was pumped from $15 to $1500. Someone gave BCC its value and took value from the FOMO buyers above $1000 when they dumped.

It wasnt magic money t hough, someone pumped it. If that didn't happen it would be trading at $15 or whatever it opened at.

[empowering]

I strongly recommend you check your email addresses here https://haveibeenpwned.com/

711 million mega dump recently passwords and emails comprised .

Onliner Spambot (spam list): In August 2017, a spambot by the name of Onliner Spambot was identified by security researcher Benkow moʞuƎq. The malicious software contained a server-based component located on an IP address in the Netherlands which exposed a large number of files containing personal information. In total, there were 711 million unique email addresses, many of which were also accompanied by corresponding passwords. A full write-up on what data was found is in the blog post titled Inside the Massive 711 Million Record Onliner Spambot Dump.




 

I wonder if the hackers got my 2FA too? If you don't use 2FA on email.... i swear.

On everything - always

[Ibian]

I strongly recommend you check your email addresses here https://haveibeenpwned.com/

711 million mega dump recently passwords and emails comprised .

Onliner Spambot (spam list): In August 2017, a spambot by the name of Onliner Spambot was identified by security researcher Benkow moʞuƎq. The malicious software contained a server-based component located on an IP address in the Netherlands which exposed a large number of files containing personal information. In total, there were 711 million unique email addresses, many of which were also accompanied by corresponding passwords. A full write-up on what data was found is in the blog post titled Inside the Massive 711 Million Record Onliner Spambot Dump.




 

I wonder if the hackers got my 2FA too? If you don't use 2FA on email.... i swear.

On everything - always

The services that support it, anyway.

[Last of the V8s]

projected versus actual

GBTC update: great 2-day run. Current implied price is now $9,270 per Bitcoin.

[Last of the V8s]

https://bitcoin.tax/
@searing/others: a possibility?

[cmacwiz]

I was checking catamaran prices in croatia... looks like I am hodling for another goddamn 3 years. Why boats so expensive, such a waste of money --but I still want one

[BubblePopper]

https://i.imgur.com/v0nmn7L.jpg
projected versus actual
https://i.imgur.com/m75duYP.jpg
GBTC update: great 2-day run. Current implied price is now $9,270 per Bitcoin.

Why anyone would ever trade a market that is closed more than half the time when there's so many better alternatives is beyond me. Liquidity looks terrible too

[Last of the V8s]

Why anyone would ever trade a market that is closed more than half the time when there's so many better alternatives is beyond me. Liquidity looks terrible too

'cos Barry's a good con man?

[gentlemand]

Why anyone would ever trade a market that is closed more than half the time when there's so many better alternatives is beyond me. Liquidity looks terrible too

Cos there ain't no tax on it. If you're tax averse it's literally the only game in town, and the entire planet.

[Searing]

I am so glad I don't have to deal with tax bullshit. No taxes on bitcoin gains in my country, it's just treated like any ol garage sale.

good to be you

on the other hand up till this point I can get around this with equip purchases all count 100% the same year...off gross

also that means 25% off taxes if any I need to pay

since 2013 this has more or less been a wash

with me expanding the equip empire each year

however...someday I'll have to get out of mining (or will be too small) and pay the piper

kinda interesting you make a lot of $$$ in income off mining it all goes into equip to pay no taxes ..double hash or triple hash and pay no taxes

but then again that gerbil wheel will have to stop sometime (thou price keeps going up ..maybe not?)

this year is just a bit more of a challenge getting equip that makes sense into next year

[fluidjax]

I was checking catamaran prices in croatia... looks like I am hodling for another goddamn 3 years. Why boats so expensive, such a waste of money --but I still want one

You know what they say about boats.... the two best days are the day you buy it, and the day you sell it.

[realr0ach]

Ok, so my account yefi got hacked 2017-08-19. I'm a little shocked at this as my p/w was a random 9 digit code with a special character. It was also unique to this site. Anyway, please ignore anything my lobotomised impostor now writes, thank you.

Wow, your account got hacked the same day as mine?  Wasn't there some weird widespread captcha vulnerability that enabled people to breach accounts and bitcointalk just added their new captcha thing to the site right as our accounts are breached?

[Ludwig Von]

The squid team is working hard on their credibillity in Bitcoinland... .

[BubblePopper]

Why anyone would ever trade a market that is closed more than half the time when there's so many better alternatives is beyond me. Liquidity looks terrible too

Cos there ain't no tax on it. If you're tax averse it's literally the only game in town, and the entire planet.

Source? Perhaps if you owned it in a Roth IRA... then no tax.

[gentlemand]

Source? Perhaps if you owned it in a Roth IRA... then no tax.

Indeed. That's what I meant.

[cmacwiz]

I was checking catamaran prices in croatia... looks like I am hodling for another goddamn 3 years. Why boats so expensive, such a waste of money --but I still want one

You know what they say about boats.... the two best days are the day you buy it, and the day you sell it.

What about the day you sex in it?