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

[Last of the V8s]

[1714744038]

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[1714744038]

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[Karartma1]

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Ok, now I get it!
I had a legacy Bittrex account: I could use it for crypto-crypto trades only and my withdrawal limit was huge (more than 500BTC per day). After reading this post I had a feeling they finally implemented the KYC for all and they did it.
My legacy account is considered as new and if I don't fill the Basic verification form I can't do anything else.

Such a bad Sunday news

So I gather you are Batman....and can't get your funds unless you reveal your secret identity ... bummer

Bummer   You made me laugh man. What do you think? I had no funds on bittrex I've always used it responsibly. When I needed to trade I used it otherwise no funds over there! I will probably not verify. I do not trust them having my personal data.
I guess I will have to start a new account somewhere else: it's becoming harder and harder to be Batman in crypto.

[realr0ach]

https://i.imgur.com/geAUVd3.jpg

Your picture seems to have overlooked the fact that "cybermoney" uses the state's infrastructure (internet and other facilities) with non-obfuscated traffic, centralized transaction validators (miners) that the state  can easily take over or attack, and centralized exchanges.  There is also the fact that blockchains don't scale to be anything more than a settlement network which is not used for daily commerce by citizens (a centralized one at that, no different than things like SWIFT that already exist).

There is also the fact that it requires orders of magnitude fewer resources to wage a police state on the digital world than the physical one, so no matter what angle you look at this from, if anyone was trying to defeat the state, they would not be doing anything digital or craptocurrency related.  Using anything digital is falling right into their hands - a domain they can actually afford to run a police state in.  The real future of freedom and wealth is located in the physical world with physical commodity based money (silver and gold) - a domain where you can just ignore anything the state says because they can't afford to run a police state over every km^2 of earth.

[Last of the V8s]

... you can just ignore anything the state says because they can't afford to run a police state over every km^2 of earth.

agreed

[Last of the V8s]

https://medium.com/@philipn/want-to-see-something-crazy-open-this-link-on-your-phone-with-wifi-turned-off-9e0adb00d024
oh that's cool. anyone, not just the cops, can find you if they know your number. such freedom of info

[lightfoot]

Nope. My CPA in the USA said it was likely to be a taxable event if I sold any. She said leave it alone for 1 year and 1 day for
20% capital gains tax, here in the states, (rather than 40% if less time) and she 'assumes' the IRS will just see it as a stock split.

Correct. This is also why I ran my business as a LIFO based accounting system: When I need money for parts or power or taxes I sell bitcoins at a rate that is close to what I received, thus minimal short term CG taxes. Since I receive payments in bitcoin I make sure to pay income taxes on the money received at the value of bitcoin at the time the work was agreed to (because the price might change by the time the work is completed and I receive payment, but I consider that to be float, not increased revenue. Need to check with a CPA or the IRS on that, but I do the best I can do).

Thus the stuff I made over the years is free and clear of anything but capital gains taxes, which would be paid if I sold deep enough into my account.

And since I have never purchased a bitpenny, if bitcoin went tits up I would really not lose anything in the real world other than the value of my labor.

A really interesting side-effect happens when I buy other services for bitcoin, tax analysis on that is a bitch on wheels. Have to convert to cash virtually on the ledger, then convert back to goods and services. Sucks.

[bones261]

Your picture seems to have overlooked the fact that "cybermoney" uses the state's infrastructure (internet and other facilities) with non-obfuscated traffic, centralized transaction validators (miners) that the state  can easily take over or attack, and centralized exchanges.  There is also the fact that blockchains don't scale to be anything more than a settlement network which is not used for daily commerce by citizens (a centralized one at that, no different than things like SWIFT that already exist).

There is also the fact that it requires orders of magnitude fewer resources to wage a police state on the digital world than the physical one, so no matter what angle you look at this from, if anyone was trying to defeat the state, they would not be doing anything digital or craptocurrency related.  Using anything digital is falling right into their hands - a domain they can actually afford to run a police state in.  The real future of freedom and wealth is located in the physical world with physical commodity based money (silver and gold) - a domain where you can just ignore anything the state says because they can't afford to run a police state over every km^2 of earth.

Wouldn't that include posting on this forum? After all, everything posted here is archived, and can eventually be tracked to the source with some effort. Best hole up in a retreat in Montana and fall completely off the grid. (or perhaps make your own floating country in the middle of the Ocean.)

[RealMachasm]

Can someone tell me when the exact day is of the S2X fork?
Looking to liquidate a coin or two but prefer to do it AFTER the fork.

[Last of the V8s]

Can someone tell me when the exact day is of the S2X fork?
Looking to liquidate a coin or two but prefer to do it AFTER the fork.

theoretically on block 494784 , so approx 18 Nov
but don't trust those sods

https://segwit2x.github.io/segwit2x-announce.html

[Meuh6879-1]

usefull countdown for this : http://bashco.github.io/2x_Countdown/

[conspirosphere.tk]

In case anyone wondered from my previous reply to Searing, that post was not an endorsement of Bitcoin.  Why bitcoin is garbage and only physical, commodity currency (aka things like silver and gold) are permissionless and money:

Try to cross any border with a significant amount of PM and find yourself explaining to the tax slave plantation guards that it's supposed to be permissionless money.
Or just try to conduct any transaction with them.  I keep accumulating some PM, but it's just for a sound sleep.

[Ibian]

In case anyone wondered from my previous reply to Searing, that post was not an endorsement of Bitcoin.  Why bitcoin is garbage and only physical, commodity currency (aka things like silver and gold) are permissionless and money:

Try to cross any border with a significant amount of PM and find yourself explaining to the tax slave plantation guards that it's supposed to be permissionless money.
Or just try to conduct any transaction with them.  I keep accumulating some PM, but it's just for a sound sleep.

I prefer useful physical items for a sound sleep, like boats. If we have local riots I can bug out, if the grid goes out I have local power and the state is not going to take it away because what are they going to do with it.

[fluidjax]

For all those who haven't so far, it may be a good idea to use this thread

https://bitcointalk.org/index.php?topic=996318.5720

Post a bitcoin address (preferably one you haven't ever used - or are going to use)
Sign a message  with it, and post the message.

Someone will confirm the message matches the address, by re-quoting it
If your account is hacked, messages deleted, BTC address in profile changed etc.
You should still be able to recover your account if you can resign a message from a mod.

[bones261]

For all those who haven't so far, it may be a good idea to use this thread

https://bitcointalk.org/index.php?topic=996318.5720

Post a bitcoin address (preferably one you haven't ever used - or are going to use)
Sign a message  with it, and post the message.

Someone will confirm the message matches the address, by re-quoting it
If your account is hacked, messages deleted, BTC address in profile changed etc.
You should still be able to recover your account if you can resign a message from a mod.

Too bad there isn't an established protocol to use a Segwit address to sign messages, yet. I do have an address posted there, but it is an address that I have used in the past.

[RealMachasm]

For all those who haven't so far, it may be a good idea to use this thread

https://bitcointalk.org/index.php?topic=996318.5720

Post a bitcoin address (preferably one you haven't ever used - or are going to use)
Sign a message  with it, and post the message.

Someone will confirm the message matches the address, by re-quoting it
If your account is hacked, messages deleted, BTC address in profile changed etc.
You should still be able to recover your account if you can resign a message from a mod.

Did that about a week before my account got hacked but the admins never even responded to any of my requests to re-instate.
Oh and thanks to meuh and last of the v8s for answering my previous question.

[rjclarke2000]

There is usually price movement on a Sunday in about 3-4 hours.

Which way do you think we will go?

[conspirosphere.tk]

There is usually price movement on a Sunday in about 3-4 hours.

Which way do you think we will go?

Maybe a correction in the low 4000s could be in the cards. That's what I hope at least, to buy back the couple of coins that I sold in the 5200s.

[Fatman3001]

Can someone tell me when the exact day is of the S2X fork?
Looking to liquidate a coin or two but prefer to do it AFTER the fork.

theoretically on block 494784 , so approx 18 Nov
but don't trust those sods

https://segwit2x.github.io/segwit2x-announce.html

I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.

[bitcoinPsycho]

There is usually price movement on a Sunday in about 3-4 hours.

Which way do you think we will go?

Maybe a correction in the low 4000s could be in the cards. That's what I hope at least, to buy back the couple of coins that I sold in the 5200s.

I'm hoping for a correction to $6000

[conspirosphere.tk]

I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.

Don't you have some altcrash forum to troll in?