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

[jbreher]

I am a little afraid to say this, but I have a 401k plan that has a really decent amount of money in it and more than 15 years of building; however, in early 2017, my BTC investment was on parity with it and even surpassed it and even now is getting to be like 4x the value of my 401k plan with way less amount of money placed into bitcoin over a much shorter period of time.

https://www.broadfinancial.com/self-directed/bitcoin-ira/

#justsayin'

Can we please close this thread for newbies.

::le sigh:: I miss newbie jail.

Trouble is if your account is hacked you need to come back as a newbie. I am one of many even though i could prove ownership of my original account through bitcoin signing the admins didn’t even rrspond once to my many inquiries.

That is troubling. Had you previously registered a Bitcoin addy with your profile, from which you could sign a statement? And if so, did the mods just ignore that?

The question should have been:

How Many Lambos COULD You Buy Now if you wanted to?

I dunno, what's a Lambo go for? Not that appealing to me, so I have no clue.

Not like I'd tell anyhoo...

Hey - who here remembers Goat's Lambo? Or his 1,000 BTC Casascius coin, for that matter

Meanwhile.....
WTF is going on with that other coin??!!

Just a warmup for mid-month. Plan accordingly.

Lambo & porsche, it's for "old people" ... actually.

Of course - whippersnappers be broke. <g,d&r>

[gembitz]

wave 5 complete      

Fine. Can we have our 3 wave correction now JUST SO YOU'LL SHUT UP ABOUT WAVE 5 ALREADY FOR FUCK SAKES ?!???

& I THOUGHT WE WERE HEADING INTO "STAGE 2" LOLLL





 


weeeeeeee

[jojo69]

big angry font

but, but,  Elliot, Fibonacci, Oort...uhhh...divergence?
 

[pfrtlpfmpf]

Or is this real??

Or am I dead?

I don't know anymore.

https://www.youtube.com/watch?v=txqiwrbYGrs

You´re killing me. this video made me pissing my pants. And in years to come he will too.  

[tonyq]

[orpington]

yeah!!

bitcoins for cheap!

[suzanne5223]

OMG. Do you guys keep an eye on the price movement chart? We just made another all time high of $7000 with the $117 increase in price in just some few hours. This is awesome and I wonder what will happen after the SegWit2x is full locked in.

[rjclarke2000]

OMG. Do you guys keep an eye on the price movement chart? We just made another all time high of $7000 with the $117 increase in price in just some few hours. This is awesome and I wonder what will happen after the SegWit2x is full locked in.

Have you read the past few pages?

[jojo69]

do   we   keep   an   eye   on   the   price   movement   chart

[Icygreen]

Remember Remember the 5th of November when Bitcoin became revolution for the people!

[Last of the V8s]

do   we   keep   an   eye   on   the   price   movement   chart

we are observe wall

[BlindMayorBitcorn]

https://mobile.twitter.com/izakaminska/status/925954002017189893

 Too much?

[rjclarke2000]

https://mobile.twitter.com/izakaminska/status/925954002017189893

 Too much?

Wasn't that lambie?

[BlindMayorBitcorn]

https://mobile.twitter.com/izakaminska/status/925954002017189893

 Too much?

Wasn't that lambie?

Wasn't I lambie?

[RejectedBanana]

Have any US citizens looked into a Charitable Remainder Trust for their BTC? I'm talking to a lawyer next week about setting one up. Seems like the best way to convert capital gains into income. Which, for me living overseas, I would rather have income which is not taxed than gains that are taxed.

Yes. You're basically trading your stash in for an annuity or similar. You can draw a yearly income off of it, but that income itself is still taxable (maybe not so much as an expat?). You're just avoiding cap gains, which might not be as bad as you think. Plus the trust has to be carefully managed to keep the IRS happy.

If you trust in Bitcoin's longevity, you maintain far more control keeping it in Bitcoin, and if Bitcoin cap gains are your only source of income, the first $37.5K are tax free, $75k if you're married, and after that it's only 15%. So say you're married and draw off $150k in pure gains (plus some amount of principle, which might be negligible at this point). The effective tax would only be 7.5%. That's like sale's tax, big f-ing deal.

Gifting Bitcoin also bypasses cap gains. The giftee's cost basis steps up to the date of the gift. Gift every member of your extended family and have them pay for the bulk of your needs. You can gift around $14k per year per person.

The best reason I can see for a charitable remainder trust is if you've totally lost faith in Bitcoin and want to ditch your whole stash pronto for lambos, property, securities, or fiat. Maybe it makes sense to do it for just the part you want to convert, but keep the bulk in Bitcoin until needed. Really depends on your circumstances and faith in Bitcoin.

https://www.estateplanning.com/Understanding-Charitable-Remainder-Trusts/
https://www.fool.com/retirement/2016/12/11/long-term-capital-gains-tax-rates-in-2017.aspx

[vortex1878]

/Snip. BS.

Have you read the past few pages?

Have you read her previous posts? Took one she once posted here for me to click ignore as quickly as never before. ^^

[Last of the V8s]

https://mobile.twitter.com/izakaminska/status/925954002017189893

 Too much?

you love her.

izzy k and blind mayerb
sitting in a tree
k i s s i n g

[jojo69]

"Coinbase Adds A Record 100,000 Bitcoin Traders In One Day"

zerohedge...its in your bookmarks

[BlindMayorBitcorn]

https://mobile.twitter.com/izakaminska/status/925954002017189893

 Too much?

you love her.

izzy k and blind mayerb
sitting in a tree
k i s s i n g

I think she's lovely.

[BlindMayorBitcorn]

"Coinbase Adds A Record 100,000 Bitcoin Traders In One Day"

zerohedge...its in your bookmarks

A wave is coming...