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

[BitcoinGirl.Club]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

Man, I went for my eye test to get a prescription (glasses for reading/driving etc) & they sent me to a specialist for ‘unknown vision restrictions’. I was scared & worrying about all sorts of things for a week.

I went to the eye hospital yesterday to see a consultant & he basically said I’ve got a slightly lazy eye. He’s sending me to a specialist for eye balancing so it looks like a load of worrying tor nothing.

And I have to go back to a normal optician to do a standard test to sort myself some glasses/contact lenses today.

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

Take good care bother. My best wishes are with you.

[kenzawak]

https://www.coinspeaker.com/bitcoin-price-mysterious-order/

Another industry insider said there were 6 million trades over an hour during the price rise, mostly concentrated on Asia-based exchanges. This is three to four times the usual trading volume. He said:

“You trigger other order books to play catch up, and that creates a buying frenzy.”

However, not everyone seems to be overwhelmed. Crypto analyst Nic Trades warned her 93,000 followers on Twitter to watch for signs that the recent surge is a false breakout.

She says a 50% drop from the height of the swing across the major exchanges is the key number to watch.

“If we come back more than 50% of this swing, that’s where I would be concerned and would say that this is probably a false breakout… I would be a little bit less bullish if we close back underneath the 200-day moving average line. A daily close under $4,714 wouldn’t be quite so positive.”

Brian Kelly, founder and CEO of digital currency investment firm BKCM said:

“Sentiment has shifted here. All indications that we have — whether it be fundamentals, technicals, the quantitative analysis we do — all suggest that we probably have at least started to put in the bottoming process.”

Kelly, also pointed out that Bitcoin’s past trading cycles have looked “very similar” to its current pattern.

[ChinkyEyes]

When I saw Bitcoin at $5k it just looked weird to me hahaha, I have gotten way to used to seeing bitcoin at the 4k levels.

The news of Bitcoin rising has reached many people, I had several people asking me yesterday what was causing the pump.

[Lauda]

However, not everyone seems to be overwhelmed. Crypto analyst Nic Trades warned her 93,000 followers on Twitter to watch for signs that the recent surge is a false breakout.

She says a 50% drop from the height of the swing across the major exchanges is the key number to watch.

“If we come back more than 50% of this swing, that’s where I would be concerned and would say that this is probably a false breakout… I would be a little bit less bullish if we close back underneath the 200-day moving average line. A daily close under $4,714 wouldn’t be quite so positive.”

All this means is that Nic Trades went short, no actual analysis of any kind. Stop following fakes. DYOR.

[kenzawak]

[LFC_Bitcoin]

When I saw Bitcoin at $5k it just looked weird to me hahaha, I have gotten way to used to seeing bitcoin at the 4k levels.

The news of Bitcoin rising has reached many people, I had several people asking me yesterday what was causing the pump.

I have a Bitstamp bookmark on my iPhone, I obviously made it when the price was $8,xxx because that’s what it says when I click on it for a millisecond before it loads the Stamp homepage

[El duderino_]

I don't see any real resistance until we regain the 6-6500 ground up there ...

Good to hear a visit to the previous long boring price range would feel like a first real achievement to me

Let us BULLcrush this 5K peanuts straight through

[El duderino_]

If we kee going this way, Then i’m looking forward for BoB’s Previous “bitcoin languishing” HAIKU
And how its gonna look be this sunday

5 post from 7777th ..... Magical Numbers

Common the dollar is currently fallen to a +-5000th/of a single BTC ..... when a 10 000th/1

[Lambie Slayer]

6k soon.

When HAT ?

Perhaps after our BTCaby BTCull Market grows a bit older and stronger

[El duderino_]

A second chance would be @its place for ROSS... still so young....

[Syke]

A second chance would be @its place for ROSS... still so young....

Yeah, I don't understand the sentence for his crimes.

[El duderino_]

https://twitter.com/Cointelegraph/status/1113397865936838657

[vapourminer]

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?

time to buy a boat, just so i can have a boating accident.

[Gyrsur]

[El duderino_]

HODL through every DILDO!!!


^
7777

Have a good day WO-brothers.

[ProfTP]

congrats Micg

Thats a great number.




What is the activity counting? i thought thats the number of posts.


Have a fun time while climbing to 5k

[Gyrsur]

HODL through every DILDO!!!


^
7777

Have a good day WO-brothers.

have a good day too, verified troll. 

[BitcoinGirl.Club]

^
7777

Have a good day WO-brothers.

I was almost there.

Just a difference of the forth digit.  😂

[bitserve]

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?

time to buy a boat, just so i can have a boating accident.

Losing crypto is easy. The hard part would be how to make it magically reappear later... in a way the tax agency would accept.

[bitserve]

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 perfectly possible. I mean... I didn't know that's not the case in USA, but in other countries that's exactly how it works. You are taxed annually for any assets value above a certain exempt limit (ie: around the first million total net worth in the case of Spain).

It is you who need to declare values and pay your taxes. Only in the case you get audited it is the tax agency who tracks the value of your assets and determines if you did it right.... and if you don't, you are fucked *big* time.

Also for most assets it is automatically calculated and compared to your declaration. If a significant mismatch is detected, you get audited.

That's basically how it works.

And that's the reason wealthy people diversifies into exempt investments, move assets into corporates.... and lots of other financial schemes to (legally) avoid it.