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

[jojo69]

mistakes were made

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[JayJuanGee]

JP Morgan eyes Bakkt (and ICE) infrastructure ​as easy on-ramp​ for crypto exposure.

Bakkt is the only place we’d approach Bitcoin and the crypto space. Any and all other ‘set ups’ just don’t rise to the legal standard that is acceptable risk for us. Bakkt is the only place that passes that test. Whether we are there as soon as the door opens, or window shop for a few months, it is the only name we are considering in terms of client funds finding their way into crypto

https://abacusjournal.com/jp-morgan-chatter-bakkt-infrastructure-jp-morgan-eyes-bakkt-and-ice-infrastructure-%E2%80%8Bas-easy-on-ramp%E2%80%8B-for-crypto-exposure/

Hang this sign up next to anything that JP Morgan says.

[Retina]

One day dream every Bitcoin holder   bitcoin is a great option for reach man few year.

[infofront]

https://twitter.com/HeyTaiZen/status/1113280234915160064

*cough* Parabolic Trav *cough*

[jojo69]

we need to put up some sort of bat signal for the mayor

[infofront]

we need to put up some sort of bat signal for the mayor

[JayJuanGee]

When page parity?

Dunno.

I'm shooting for post count parity some time in 2024.

Whoaza, jbreher... that is a pretty damned conservative timeline, but hey I don't have any problem(s) with either conservative thinking or preparing for conservative outcomes.

It is actually entirely up to you JJG.

Which part is "up to me"?  The way I think?

By the way, I did notice that I had misread jbreher's statement, so my response in that particular instance is not very accurate, anyhow.

[Toxic2040]

we need to put up some sort of bat signal for the mayor

lol
+1 WOsMerit

[JayJuanGee]

https://twitter.com/HeyTaiZen/status/1113280234915160064

*cough* Parabolic Trav *cough*

Huh?   Is that person "Tai Zen" known as "Parabolic Trav"?  Because I just quoted that tweet in another thread.. maybe I made a mistake to quote a troll/shill? that I should attempt to clarify before I get my nuts handed to me in a paper bag ?  

[infofront]

https://twitter.com/HeyTaiZen/status/1113280234915160064

*cough* Parabolic Trav *cough*

Huh?   Is that person "Tai Zen" known as "Parabolic Trav"?  Because I just quoted that tweet in another thread.. maybe I made a mistake to quote a troll/shill? that I should attempt to clarify before I get my nuts handed to me in a paper bag ?  

No, it just seemed like that guy's quote could apply to Parabolic Trav. His bitch ass just reappeared today

https://twitter.com/parabolictrav

[Biodom]

Investments would be taxed on a yearly basis (proposal)?
https://www.bloomberg.com/news/articles/2019-04-02/top-senate-democrat-touts-annual-capital-gains-tax-ahead-of-2020

Bitcoin might help, since it is not a security, but personal property and/or commodity (depending on where you live).
Perhaps that 100mil fella was just an early bird?

[JayJuanGee]

https://twitter.com/HeyTaiZen/status/1113280234915160064

*cough* Parabolic Trav *cough*

Huh?   Is that person "Tai Zen" known as "Parabolic Trav"?  Because I just quoted that tweet in another thread.. maybe I made a mistake to quote a troll/shill? that I should attempt to clarify before I get my nuts handed to me in a paper bag ?  

No, it just seemed like that guy's quote could apply to Parabolic Trav. His bitch ass just reappeared today

https://twitter.com/parabolictrav

O.k.. fair enough.. I liked the Tai Zen quote, and I have only heard about Parabolic Trav in passing, so I don't know too much about that character.. except impressions that I have gotten from the opinions of others.

[JayJuanGee]

Investments would be taxed on a yearly basis (proposal)?
https://www.bloomberg.com/news/articles/2019-04-02/top-senate-democrat-touts-annual-capital-gains-tax-ahead-of-2020

Bitcoin might help, since it is not a security, but personal property and/or commodity (depending on where you live).
Perhaps that 100mil fella was just an early bird?

That's ridiculous, and hopefully nothing like that passes.. it seems overly draconian, and would cause a need to counter-adjust in a lot of other areas..

[Biodom]

Investments would be taxed on a yearly basis (proposal)?
https://www.bloomberg.com/news/articles/2019-04-02/top-senate-democrat-touts-annual-capital-gains-tax-ahead-of-2020

Bitcoin might help, since it is not a security, but personal property and/or commodity (depending on where you live).
Perhaps that 100mil fella was just an early bird?

That's ridiculous, and hopefully nothing like that passes.. it seems overly draconian, and would cause a need to counter-adjust in a lot of other areas..

With 1 tril yearly deficit, the need to ID new revenue sources is pressing (in those circles), I would say.
Not looking forward to seeing that proposal, but it simply cannot exist in current conditions where you have just 3K allowance yearly for losses.
What if they taxed someone one year based on 100mil in assets (hypothetically) and next year, his assets are worth 20mil.
They would have to pay him back (paying 3K would be laughable) and I don't see how they can, making the whole affair largely academic.

[jojo69]

That's ridiculous, and hopefully nothing like that passes.. it seems overly draconian, and would cause a need to counter-adjust in a lot of other areas..

Not just ridiculous, but demonstrably impossible.  The government would have to track the value of all assets.  Wyden has a lot of good things to say, but he is embarrassing himself here.

[HairyMaclairy]

mistakes were made

Not gonna say I told you so

[jojo69]

Is one last retarded alt pump too much to ask?

I swear to trod the narrow path from here on.

[nanobtc]

I hope this pump doesn't frighten the Gox lawyer into dumping vast amounts. BTW, when he does that, what happens to the bcash that was there?

[HairyMaclairy]

That's ridiculous, and hopefully nothing like that passes.. it seems overly draconian, and would cause a need to counter-adjust in a lot of other areas..

Not just ridiculous, but demonstrably impossible.  The government would have to track the value of all assets.  Wyden has a lot of good things to say, but he is embarrassing himself here.

It’s entirely possible.   If you are a traitor, all of your trading assets are valued at year end and the gain or loss is applied against your income.  This simply extend that rule to investors.

However it’s crappy tax policy, because all investors will simply classify themselves as traders. And most investors in some years lose more money than they make – so the policy will end up costing the IRS more than it brings in in the long term.

As a socialist, this is a dumb idea.

[JSRAW]

https://twitter.com/HeyTaiZen/status/1113280234915160064

*cough* Parabolic Trav *cough*

Huh?   Is that person "Tai Zen" known as "Parabolic Trav"?  Because I just quoted that tweet in another thread.. maybe I made a mistake to quote a troll/shill? that I should attempt to clarify before I get my nuts handed to me in a paper bag ?  

No, it just seemed like that guy's quote could apply to Parabolic Trav. His bitch ass just reappeared today

https://twitter.com/parabolictrav

And a good amount of shillers and almost everyone who comes up with Chart during a bull run ( include every pump tg channel too). there is saying that "Toads love to come out in the rain" and in my desi langauage we called them " barsati mendak"

@JJG  I interacted with him many times and this Tai Zen dude seems very legit to me and he's very down to earth guy too.