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

[smoothie]

ahhhh the walls are falling the walls are falling ahhhhhh

 

up Up UP!!

Are you Bruce Wagner's echo? Just kidding   

[ChartBuddy]

[molecular]

http://btctheory.com/2013/10/17/international-wire-fees-going-up-from-the-new-remittance-transfer-rule/

sent two wires today, took about 45 min at the bank... god i love btc...

time is money....

The funny part is you then still have to wait about a week for the money to actually be transferred. Its numbers for god's sake, what takes so long? I don't even know why its so slow TBH.

Because of the so-called "no-bill bill" passed in 1998, US dollar notes may not be exported from the US. I think they were classified as ammunition or something to that effect. For that reason, to transfer USD internationally across US borders without having to struggle with the legal implications of smuggling war material, a bank has to convert the money into quarters before shipping overseas.

[ChartBuddy]

[ChartBuddy]

[jeezy]

dat wall  but looks like past 150 its good to go

[MoreFun]

dat wall  but looks like past 150 its good to go

Asks will be added later on same as on $14x.

[Corelianer]

http://btctheory.com/2013/10/17/international-wire-fees-going-up-from-the-new-remittance-transfer-rule/

It would be good to have one website, maybe in the Bitcoin wiki to have all the international wire-transfer fees summed up by country and by bank, compared to Bitcoin.

Could someone create such a page?

[ChartBuddy]

[molecular]

http://btctheory.com/2013/10/17/international-wire-fees-going-up-from-the-new-remittance-transfer-rule/

It would be good to have one website, maybe in the Bitcoin wiki to have all the international wire-transfer fees summed up by country and by bank, compared to Bitcoin.

Could someone create such a page?

Anyone could.

[telemaco]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff. Why don't they just take everything alltogether? At least it would save us from doing all the paperwork ...

Bitcoin not affected? Hope not.

[StarenseN]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff.

This scoop is 1 or 2 weeks old, and coincide with the start of the new uptrend.

[telemaco]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff.

This scoop is 1 or 2 weeks old, and coincide with the start of the new uptrend.

The article is from the 15th and about being that the origin of the uptrend I don't believe that.

The article is based on this pdf

http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf

And it is from the 13th so i don't see where do you see the two weeks?

[molecular]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff. Why don't they just take everything alltogether? At least it would save us from doing all the paperwork ...

Bitcoin not affected? Hope not.

Here you can see where the keynesian idea of a "managed money supply" and "money as debt" has led us. The 3 options outlined

• taxation
• inflation
• default

are the only ones possible to get out of this mess (for now).

Ergo: we should use "sound money" instead to avoid such predicament in the future.

[telemaco]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff. Why don't they just take everything alltogether? At least it would save us from doing all the paperwork ...

Bitcoin not affected? Hope not.

Here you can see where the keynesian idea of a "managed money supply" and "money as debt" has led us. The 3 options outlined

• taxation
• inflation
• default

are the only ones possible to get out of this mess (for now).

Ergo: we should use "sound money" instead to avoid such predicament in the future.

They also talk about increasing tax ratios based on the mobility of the money

“Financial wealth is mobile, and so, ultimately, are people. … There may be a case for taxing different forms of wealth differently according to their mobility … Substantial progress likely requires enhanced international cooperation to make it harder for the very well-off to evade taxation by placing funds elsewhere."

I didn't like that sentence too much. I wonder if even bitcoin could receive special increased taxation to compensate easier evasion on taxation.


On the other side, from the PDF


They are really considering the 10% levy for everybody


Also on top of that many countries are already using Bank levies (so they borrow your money but that money is not insured, so they take it). They are wondering if that could be done everywhere? Or even reducing taxes for banks to reduce their debt if i got it right



So two new types of bail ins and one possible bail out?

Incredible

[ChartBuddy]

[StarenseN]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff.

This scoop is 1 or 2 weeks old, and coincide with the start of the new uptrend.

The article is from the 15th and about being that the origin of the uptrend I don't believe that.

The article is based on this pdf

http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf

And it is from the 13th so i don't see where do you see the two weeks?

This is not from the 13th but from beggining of this month. French press already related it the 9th (and before?) : https://www.google.be/search?q=imf+taxe+10%25&oq=imf+taxe+10%25&aqs=chrome..69i57.2150j0j7&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8

[telemaco]

The International Monetary Fund Lays The Groundwork For Global Wealth Confiscation

http://www.forbes.com/sites/billfrezza/2013/10/15/the-international-monetary-fund-lays-the-groundwork-for-global-wealth-confiscation/

Ugly stuff.

This scoop is 1 or 2 weeks old, and coincide with the start of the new uptrend.

The article is from the 15th and about being that the origin of the uptrend I don't believe that.

The article is based on this pdf

http://www.imf.org/external/pubs/ft/fm/2013/02/pdf/fm1302.pdf

And it is from the 13th so i don't see where do you see the two weeks?

This is not from the 13th but from beggining of this month. French press already related it the 9th (and before?) : https://www.google.be/search?q=imf+taxe+10%25&oq=imf+taxe+10%25&aqs=chrome..69i57.2150j0j7&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8

The article i posted does not only talk about the 10% tax (that was still a rumour on the date you mention). It states the FACT that the IMF has released on the 13th a PDF named "Taxing Times" with 107 pages with many interesting information regarding general taxes, bank taxes and additional bailouts to the banks on the form of possible tax exemptions.

Also, some people might not have read the article or the french press you mention and again. What is the point of you saying that, are you disturbed because i posted it? We were already talking about it.

If my post disturbs you please add me to your ignore list and solved. What does this absurd discussion (this one) between you and me bring to the thread readers, that you are right, that you knew it before, that perhaps i was wrong posting the article? is that interesting for anyone? Do they care that you knew it before?

I think the FMI pdf and the forbes comments on that are more interesting, besides i reserve the right to post things on the thread. Many funny gifs are more out of the thread than the  pdf. Heck there are even necromancy posts from 2011 being done all over the forums daily.

Cheers,

[NewLiberty]

This is getting blown way out of proportion.

A news item get blown out of proportion?! On THIS forum of all places?! I never thought I'd live to see the day...

Yes but at the same time, a high constant fee is a good way to lock "most" people out but keep it legal for you and your pals (provided you are rich or funded by the rich). 

For example, from reading these forums I learned the term "dollar denominated account" a few months ago.  So I googled around found just one bank (UBS) that offered foreign currency denominated accounts.  I thought it might be a good idea to diversify a bit into euros, yuan, etc.  Called them up -- not going to happen unless I was going to deposit > 1 million USD.  Too much overhead and paperwork...

Ironically, there's a trick that lets you do it in a small way with the company we love-to-hate: Paypal.  If someone sends you money you can choose to hold it in the currency it was sent...

Schwab, Fidelity, and HSBC are a few examples of banks that offer multi-denominated accounts in the USA.

All require no minimum or a small minimum (I think HSBC is $5000, fidelity and schwab are $0 minimum).

Also, given the current administration's proclivities... this all probably has more to do with preventing medical tourism (under the auspices of AML) than anything to do with Bitcoin. 

[ChartBuddy]