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

[Deeyoh]

Torque.. you are sooo right.  Worked my ass off for 20years putting 6% into my 401k like a good little minion. It's crap you can't touch without huge losses.  Straight up 10% penalty unless I'm over 65 and on my death bed.   Screw that junk.  I actually cashed out and took the hit. Payed off every bill I had and put some in crypto back in 2015.  Should have put more but being debt free was more important at the time.

I haven't regretted one bit cashing out of the system.   Would have to work another 20| years to even think about having the same amount I have today from investing lightly in crypto's from 2014 to 2015. LOL  

[RejectedBanana]

This is why all American "coin traders" should move to Puerto Rico ASAP - can't beat 0% taxes

http://www.portocapital.com/puerto-rico-act-22-tax-incentives-legislations-individual-investors-act/

Pretty sure PR doesn't have internet in most areas after this hurricane.

I think you can have PR residency and operate remotely from another location.

Your gains prior to moving to PR are still taxed, only future gains are zero. 183 days of residency are required and you cannot have a taxable home (or supported children) living in the mainland anymore. FEMA emergencies do not count against residency for a maximum of two weeks I think.

https://www.irs.gov/pub/irs-pdf/p570.pdf

[Torque]

Torque.. you are sooo right.  Worked my ass off for 20years putting 6% into my 401k like a good little minion. It's crap you can't touch without huge losses.  Straight up 10% penalty unless I'm over 65 and on my death bed.   Screw that junk.  I actually cashed out and took the hit. Payed off every bill I had and put some in crypto back in 2015.  Should have put more but being debt free was more important at the time.

I haven't regretted one bit cashing out of the system.   Would have to work another 20| years to even think about having the same amount I have today from investing lightly in crypto's from 2014 to 2015. LOL  

Yep, a 401k is an establishment created and endorsed scam perpetrating as a "legit investment vehicle". What they don't tell you about is how your money is locked up until you're 65 for a reason: so you can't touch it or get it out for 40 years. A complete fractional reserve system, where they skim off of the top of your supposed yearly earnings and reinvest it for themselves, charge you management fees and other hidden fees, and penalize you ridiculously for early withdrawal. By the end of 30-40 years you have way less than you thought you'd have, or even deserve. By then you're too old to enjoy it or complain. And because of high yrly inflation, the dollar amount you are left with doesn't buy shit.

And all those mutual fund stocks that are part of your 401k portfolio? Yeah, those are 99% pre-mined and distributed to the 1%'ers before the company IPO launch. So as your and everyone else's 401k contributions are pushing those company stocks higher, the 1%'ers, who were already paper rich on IPO launch day, are just getting richer and richer at your expense. And hell, you don't even own the stocks. You are just leasing the IOUs for the stocks.

[txtravwill]

FINALLY, on CNBC just now at 11:15AM Central, they had Catherine Wood on from ARC Investments and had a great discussion about their premium of GBTC, all the ETFs likely coming soon, etc. 

They ALSO just railed on how bad BCash is due to 2 people controlling it, Ver, etc.  Stated "one or both of them are even an anarchist" and that it is "slipping in market share" to Bitcoin due to that.

[jojo69]

oh good lord

not an ANARCHIST!?

[Torque]

Very interesting CNBC conversation around Bitcoin and hedge funds.

https://www.cnbc.com/video/2017/12/26/hedge-funds-want-in-on-the-bitcoin-action-heres-why.html

[Enjel]

@Torque: Out of curiosity, what is/was your profession(s)?

[AlcoHoDL]

Edit: maybe the xvitaly thingy posted by NiceSoft12 jojo69?

That was a great post. I found two more batch files for the removal of telemetry updates from a Windows 7 installation. Didn't keep the links unfortunately, but you can find them easily by Googling for them. Applied them all, to all of my PCs. No side effects. And hopefully a cleaner, more secure system.

Thanks NiceSoft12!

Edit: Thanks jojo69!

[jojo69]

Thanks NiceSoft12!

uhhhhhhh

https://bitcointalk.org/index.php?topic=178336.msg27081374#msg27081374

[RayX12]

Fuck the Fork.. ha ha ha now at 501451!!
Sell you worthless 2X

[User705]

Bitcoin was a $5-10 billion market at most in late 2013, concentrated on a handful of exchanges, most infamously Mt Gox, which was manipulated by Karpeles' Willie bot followed by the catastrophic loss of Bitcoin and collapse of the whole exchange and fragile ecosystem. You know this, Tera.

Bitcoin is now at least a $200B market cap by itself and has established itself as the trading foundation of an overall crypto market of half a trillion and is even legal tender in Japan of all places, in spite of Mt Gox. There are hundreds of exchanges in dozens of countries and massive infrastructure and overhead now invested in Bitcoin's future. Sure there are many who want to see it fail, mainly governments, regulators and old-school investors, but there are now far too many devoted to seeing it succeed.

I understand the importance of chronic unease and cautious optimism in such a volatile investment. But now it just seems you are just trying to incite doom and gloom, you are trying to instill fear, uncertainty and doubt, you are searching for patterns to corroborate your... hope, is it?? Hope that Bitcoin will continue to fall?  Because it doesn't just seem like fear driving your prognostications. It actually seems like you seriously hoping Bitcoin will stumble and fall into a multi-year bear market and retest old lows. Is this all stemming from regret? Regret that you didn't buy enough to exit this whole game by now and the hope that you can scoop up some more cheap coin?

Rough patches remain ahead, no doubt, but the days of $300 or $3000 coin are Christmas past.

$300 is past but not $3000 because it’s this exact sentiment of “exit this whole game” is what will be causing the price declines.

[goggles]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

[luckygenough56]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

Ask your bank for a refund

[User705]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

If it has 0 conf make another transaction with a higher fee.

[Gyrsur]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

try to double spend your coins to a new address where you own the private key.

put a very high fee in this tx and hopefully your tx will be confirmed before the tx of the theft.

[AlcoHoDL]

Thanks NiceSoft12!

uhhhhhhh

https://bitcointalk.org/index.php?topic=178336.msg27081374#msg27081374

Sorry... Post corrected!

Thanks for the batch file link jojo69! Worked great!

[alexeft]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

try to double spend your coins to a new address where you own the private key.

put a very high fee in this tx and hopefully your tx will be confirmed before the tx of the theft.

This is to certify that small blocks have in fact one additional advantage. They allow people to fix errors before they become permanent.  

[goggles]

Guys I know this is off topic but is there a way to stop a unconfirmed transaction. Someone just stole the coins from my wallet.

try to double spend your coins to a new address where you own the private key.

put a very high fee in this tx and hopefully your tx will be confirmed before the tx of the theft.

I am waiting for my core wallet to load, will be done in a few mins. Won’t it just have a balance of 0? If you could let me know how to do it I would appreciate it.

[lightfoot]

Meantime I am doing something stupid. In addition to pre-paying my property taxes I am pulling the money to do this from reserve lines of credit instead of tapping some bitcoin profits. Once the new year ticks over I get a lot better tax breaks on work/bitcoins, and I'll just sell some pennies and pay off the loan in Jan.

I really don't like doing this though. But coupling end of year purchases, new reflow oven (always wanted an ez-bake oven!), and other stuff I am low on cash. Bad me. Bad bad me.

Ug.

[Neo_Coin]