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

[kurious]

Yeah I’m not exactly sure which Lisa it was. That was just a pic I pulled from online

The Mac Classic was my first computer.   

That was my first computer too.  I still have a Mac, a Mac+ and an SE30.  I could never part with them.  I also have three vintage clamshell ibooks in pretty pristine condition (yep - diehard Steve Jobs fanboi). I am a design junkie.

[Cryptotourist]

People like this mystify me. They expect some money for... wearing some undies? Many people around the world are wearing undies right now. Having some tits? Somewhere around half have them too.

If you want to see some tits and no undies there are billions of examples for free available right now on the internet type thing.

Maybe what's inside the undies is for sale somehow - show or something.
Got it from pornhub btw.

[Raja_MBZ]

OMG, Jihan:

Calvin's full name even means 'my little bald penis'. I'm not even kidding.

 

[El duderino_]

Buy low, buy high, HODL!!!
Now, Asterix-Obelix.
Yeah, drunk Saturdays

[El duderino_]

Stumach FULL.............................

Into  BTC-HODLsleep / drunk watching cartoon movies t’ill when in that HODLsleep.

Cheers enjoy your Saturdays dear WO’s

[El duderino_]

I got lost a bit

Use WAZE  mate

I meant in time though

A watch perhaps??

[El duderino_]

via Imgflip Meme Generator

Modern ages=the woman does the tasting

Hopefully there is no meat in there.  hahahahaha...

Just kidding...

A little meat wouldn't, shouldn't and couldn't be a bad thing in this context.  

Of-course no meat on there, other context i feel you ..... but damn i’m doing this wrong, me and she is drunk, she is sleeping on my right and me is watching a cartoon for DRUNK LuLZzzz 

[goldkingcoiner]

Time to go to sleep. I am expecting a bounceback around 4,7k back to 4,9k and from there we go back to 4,4k if I am being a pessimist next week. Also, the September futures are looking juicyyy

Also Goosy, I love your food but I kind of wish the portions were bigger. Ever had a straight up hog shank with beer sauce and knödel? Thats the food of the gods hodlers.

[Toxic2040]

#stronghands'19                                                                                 #btd

[JayJuanGee]

Time to go to sleep. I am expecting a bounceback around 4,7k back to 4,9k and from there we go back to 4,4k if I am being a pessimist next week. Also, the September futures are looking juicyyy

Also Goosy, I love your food but I kind of wish the portions were bigger. Ever had a straight up hog shank with beer sauce and knödel? Thats the food of the gods hodlers.

Dearest goldie:

I hope that you are not attempting anything even close to the ballpark of an 80x** bet on downwards BTC price movement in the price territories that you describe that would be 60% in the bestest of short-term scenarios.



**  Even a 10x or 20x bet could R3ckt a guy very quickly and decisively with only a modest move in the price direction opposite his bet.

[Toxic2040]

As we narrowly miss seeing a possible evening star doji bitcoin continues to trade above $5k on stalled momentum. Further consolidation along the 0.236 fib seems probable in the short term as longer time frame indicators begin to relax. #dyor



D

#stronghands'19

[katrinmi]

[Toxic2040]

 

gigo

not bad

+1WOsMerit

[jojo69]

Does anybody know if there are rules about switching between LIFO and FIFO?

my duckduckfu is failing me

[HairyMaclairy]

Does anybody know if there are rules about switching between LIFO and FIFO?

my duckduckfu is failing me

I would be very surprised if you could switch in relation to the same asset. You might be able to apply different rules to different assets.

Edit:  this suggests using FIFO on a wallet by wallet basis.

https://bravenewcoin.com/insights/capital-gains-on-cryptocurrency-fifo-lifo-or-specific-identification

[goldkingcoiner]

Time to go to sleep. I am expecting a bounceback around 4,7k back to 4,9k and from there we go back to 4,4k if I am being a pessimist next week. Also, the September futures are looking juicyyy

Also Goosy, I love your food but I kind of wish the portions were bigger. Ever had a straight up hog shank with beer sauce and knödel? Thats the food of the gods hodlers.

Dearest goldie:

I hope that you are not attempting anything even close to the ballpark of an 80x** bet on downwards BTC price movement in the price territories that you describe that would be 60% in the bestest of short-term scenarios.



**  Even a 10x or 20x bet could R3ckt a guy very quickly and decisively with only a modest move in the price direction opposite his bet.

Thank you for worrying. As of now I think I will just hedge short and see where we go.

[smartcomet]

https://twitter.com/TuurDemeester/status/1117158105563971584

Bitcoin adoption is roughly tracking the trend for internet adoption. I made this in 2014, predicting 500M holders by 2020. @Wences estimates that we're currently at 60M Bitcoin holders.

but
Bitcoin addresses richer than 100 usd$ : 5,140,605
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

i guess there are only 20M total crypto users  in the world now, so reaching 500M holders is long way to go, maybe 2028.

[lightfoot]

Does anybody know if there are rules about switching between LIFO and FIFO?

my duckduckfu is failing me

I would be very surprised if you could switch in relation to the same asset. You might be able to apply different rules to different assets.

Edit:  this suggests using FIFO on a wallet by wallet basis.

https://bravenewcoin.com/insights/capital-gains-on-cryptocurrency-fifo-lifo-or-specific-identification

Depends. I use LIFO because as a miner and fixer of things I need to expense costs at the time I am getting the bitcoin. Therefore it makes absolutely no sense to use FIFO (it's operating capital not investments). Truth is you wind up paying the same amount in taxes anyway because as I withdraw more I go deeper into my "stack" into coins made at a high price, and at a lower price.

You just don't change mid-stream. I suppose if you get a new wallet and fill it with new coins you could switch for that wallet, but if you ever move coins from your LIFO wallet into the FIFO one you would have to record the LIFO profit/loss first then use today's price as the basis point for the new FIFO coins.

Either way you're fucked in the long run.

[jojo69]

bunch of fucking bullshit

[lightfoot]

bunch of fucking bullshit

Sure. But coherent bullshit.