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

[El duderino_]

Ten Years of Bitcoin

https://twitter.com/mg0314a/status/1164801727842807810?s=20

Nice to see

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[El duderino_]

The list of reasons to hold bitcoin keeps growing:

- sovereign debt bubble
- unfunded pension crisis
- auto loan bubble
- student debt crisis
- consumer credit bubble
- fiat currency crises
- asset price inflation
- negative interest rates
- the president's tweets

#SafetyInSats

https://twitter.com/jchervinsky/status/1164971199828508678?s=20

[Ludwig Von]

Sometimes the Zerohedge guys make mouse shit into dino shit in their headlines... . Dow down 2.5% lolz   The Golden Gollem of (agent) orange MAGA will have to work
harder to make his FED print more funny money... .  

Zerohedge, the site that predicted 200 of the last 2 recessions.

As a gentlemans agreement, + 1  

[rebal15]

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."


R0ach: rebuttal?

The whole article is a shit. Hodlers agrees of shit if it is positive for bitcoin.

[Raja_MBZ]

This is amazing... back in 2009:



https://twitter.com/DrBitcoinMD/status/1165004233663496197

[gentlemand]

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -


Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.


Truly, we are living in v strange times.

[El duderino_]

$17trillion negative yielding bonds, IMF investigating "deep" negative interest rates and POTUS openly advocating a weaker USD ... the scenario in this chart gets more realistic by the day #hyperbitcoinization



https://twitter.com/100trillionUSD/status/1164671106869018625?s=20

[El duderino_]

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -


Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.


Truly, we are living in v strange times.

What do we say, Trump even got the power of tweeting etc

[rebal15]

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -


Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.


Truly, we are living in v strange times.

[jbreher]

This is amazing... back in 2009:



https://twitter.com/DrBitcoinMD/status/1165004233663496197

Yeah, but sad to see Hal make such a logic error. If the currency equalled the value of worldwide wealth, that would make all wealth the currency, leaving real wealth -- houses, cars, industrial equipment, agricultural stocks ... everything -- completely worthless.

[El duderino_]

I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole.
Then I drew this picture of me in my cell...



https://twitter.com/RealRossU/status/1164572903750295552?s=20
https://medium.com/@RossUlbricht/life-in-a-box-c1a90666fabd

If someone should get another chance.... what a waste of a young mans life 

[El duderino_]

Contrarian view: 9080 was the bottom, ~one more month of sideways then we continue steadily upwards.

Don’t fight a once-in-a-millenium, civilization-changing phenomenon to try to snag a potential 8% off of a local short.

Don’t fight the trend.
Submit to it.
Embrace it.



https://twitter.com/MustStopMurad/status/1164937989774090241?s=20

[/quote]

It can go faster for me, but I can live with the idea of a steady op for a while

[rebal15]

https://www.forbes.com/sites/investor/2019/08/23/bitcoin-is-the-new-gold-trade-war/#1dbad2675953

Bitcoin Is The New Gold: Trade War
"We can see gold getting a little lead on bitcoin (BTC) in London when the China retaliation news hits but look at BTC exploding a good 90 minutes ahead of the U.S. news, well before gold, both well before the equities markets get wind of it and react."


R0ach: rebuttal?

The whole article is a shit. Hodlers agrees of shit if it is positive for bitcoin.

Correction:
some Hodlers agrees of shit if it is positive for bitcoin.

[El duderino_]

Enough Mic spam  

Of to the HODLnest for a good deep HODLsleep

[lightfoot]

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -


Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.


Truly, we are living in v strange times.

I do wonder what happened to the "Oath Takers", those guys who would do anything to protect the constitution against an overreaching President.

Weird.

[El duderino_]

Presented without comment



https://twitter.com/bitcoinmom/status/1164985323090132992?s=20

good good

[gentlemand]

I do wonder what happened to the "Oath Takers", those guys who would do anything to protect the constitution against an overreaching President.

Weird.

I think they're pissing in his Big Macs and the effects are slowly becoming increasingly apparent. All that Urea is forming crystals in his brain. I predict it will shatter on live TV.

[Cryptotourist]

This is amazing... back in 2009:



https://twitter.com/DrBitcoinMD/status/1165004233663496197

Yeah, but sad to see Hal make such a logic error. If the currency equalled the value of worldwide wealth, that would make all wealth the currency, leaving real wealth -- houses, cars, industrial equipment, agricultural stocks ... everything -- completely worthless.

household

And much like  e v e r y t h i n g has a value in $ or whatever fiat atm, similarly, e v e r y t h i n g will have a value expressed in BTC.
No error in the logic there man. In the year 2140.

[HairyMaclairy]

Looks like the IRS is hell bent on destroying investors...
https://cointelegraph.com/news/crypto-taxation-around-the-globe-what-do-regulations-look-like

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Denmark is still taxless. It won't STAY that way, getting out while I can.

As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.

How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.

KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.

The tax man may not be able to track your transactions today.  But it is a public blockchain and records are there forever.  The tax man will eventually figure it out.

[HairyMaclairy]

The list of reasons to hold bitcoin keeps growing:

Imagine five years ago if in one solitary week the president of the United States of America -


Referred to himself as 'the chosen one'

'Hereby' ordered all American companies to leave China just like that.

Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.


Truly, we are living in v strange times.

But Obama ordered a hamburger with Dijon mustard

https://youtu.be/cAvq12Sa3VE

So that makes it even