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

[DaRude]

A lower tax "rate" doesn't mean they paid less. The rich are paying more than their fair share, the poor are paying nothing

Wrong, again. My guess is you think federal income tax is the only tax.

https://itep.org/whopays/

The nationwide average effective state and local tax rate is 11.4 percent for the lowest-income 20 percent of individuals and families.

No, I think he means that a millionaire that pays X percent in tax pays a lot more in actual dollars then someone with, say, a 40 000 dollar a year income does if he pays the same percentage.

Yeah he's trying to pull numbers in absolute unadjusted USD which should be a capital offense on this forum.  

Yes, pointing out that rich people actually pays a lot more real money in tax than poor people is just bad.

2020 Q4 top 1% own $38.61T bottom 50% own $2.49T, so top 1% own 15 times more wealth than bottom 50%
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#range:2005.4,2020.4;quarter:125;series:Net%20worth;demographic:networth;population:1,3,5,7;units:levels

That kinda makes that statement rhetorical, outside of multi universe and quantum uncertainty, it's physically impossible for poor and middle class that own less wealth to somehow be able to pay more than ultra rich. In other news, water is liquid.

So what? you seem to be of the opinion that that's bad.

At this point a blind can see that this trend is not sustainable, i'm of the opinion that we have a runaway indicator. People that want to see this trend continue are the same ones that act dumbfounded when the next student/occupy wall st/BLM/etc civil unrest happens. Why are those plebs are not happy with their ever shrinking share of wealth? I tried showing those youngins (with college degrees still living with their parents because they can't afford to live on their own) rolling's statistics that shows how they're better off in absolute dollars but they just ignored me and continued to sharpen their pitchforks. I'd rather not have to live in enclaves and hire private army to protect myself from them. Even Soviets saw that and provided cheap stimulus (vodka) to control their plebs from rioting too much, to keep the trend going we can provide opioids but would need to take away their healthcare first.

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[JimboToronto]

My guess is you think federal income tax is the only tax.

When I see a homeless beggar lying on the sidewalk with a cigarette butt in his lips and the neck of a bottle protruding from a brown paper bag, I see a taxpayer... alcohol taxes, tobacco taxes, who knows how many other taxes.

[rolling]

At this point a blind can see that this trend is not sustainable, i'm of the opinion that we have a runaway indicator. People that want to see this trend continue are the same ones that act dumbfounded when next students/occupy wall st/BLM civil unrest happens. Why are those plebs are not happy with their ever shrinking share of wealth, i tried showing them youngins (with college degrees still living with their parents because they can't afford to live on their own) rolling's statistics that show that they're better off in absolute dollars but they just ignored me and continued to sharpen their pitchforks. I'd rather not have to live in enclaves and hire private army to protect myself from them. Soviets provided cheap stimulus (vodka) to control their plebs, we can provide opioids but would need to take away their healthcare first.

It is very sustainable, someone else having wealth does not take anything away from you, the opposite is true.

Nobody is dumbfounded that young people protest something they are too immature to understand fully, especially when you know how they were brainwashed throughout their years of education. There is a reason people tend to become more conservative as they get older, experience.

The plebs are not happy because they listen to too much propaganda on liberal media and Twiiter and they've been lied to their whole lives about what they were entitled to.

The youngins with college degrees who can't get a job were sold a lie. In the 1970s only 10% of people had degrees so it was a good way to secure a job. Now 35% of people have degrees and a large portion of those degrees are in fields without enough jobs for said degrees. Not many scientists or engineers are having trouble finding jobs.
https://www.statista.com/statistics/184272/educational-attainment-of-college-diploma-or-higher-by-gender/

Just because you are born, does not mean you are owed a "share" of anything. The wealth held by wealthy people is theirs and 0% of their wealth is or ever should be yours. There is not a limited wealth pie where it gets distributed amongst the population. There is unlimited wealth for those who create it and they owe none of it to those who did not create it.

The wealthy do owe taxes and the top 50% pay 97% of the federal taxes already. Even if they pay 100% of the taxes, you are still not going to change the wealth gap and you are still entitled to 0% of their wealth.
https://247wallst.com/economy/2018/10/15/top-0-001-bottom-50-of-us-taxpayers-pay-equal-shares-of-income-tax/

[JayJuanGee]

Please BTC if you have no fuel.. go directly to the target 40-43K. Then we can talk properly for reversal and next up leg step  

re-testing stronger support at about $47.5k
Might as well go straight up from there. If not now, then probably like next time.

You are absolutely right. 47500 is strong support.




https://www.tradingview.com/chart/BTCUSDT/ZXncFUun-THE-TOP-OWNER-WHALE-ADD-MORE-AND-GRAYSCALE-SHOWS-GREEN-52k/

LOL. 47.5K was broken in 10seconds so.. New local bottom is 46.9K

*cough*

$48.7k and rising.

Not the point. We printed a new local bottom, below 47.5K.

Poor wee widdle gallianooo.

Hopefully, you did not lose too much money on your DOWNity bet (actually, I will admit that I wouldn't really mind if you lost most if not all of your money because you don't come off as someone who is actually appreciating dee power of king daddy, and you likely need a wee bit of personal instruction from the school of hard knocks).

You might not have heard that is NOT good to be betting on DOWNity in a bull market.

Speaking of... I've put my Rottweiler on a vegan diet. So far I've fed him three of the bastards.

Nice quick recovery to 50K+

Yeah Let us see 52 before I go to sleep in 3-4 hours.

Would be nice to see my May 1 70k number come in.

Sure would be nice for philip ma to save some face.  There's still time, for sure (not sure if 5-6 days is going to be enough, but there is still a chance.. I am saying).  Rooting for you on this one philip... no homo.

 

[OutOfMemory]

I totally exected this because of Bitstamp's order book and other signs. How stupid on behalf of the bears to try a suicide dump like that.

word.
This time it was easy, even for a noob like me 

[serveria.com]

So, who sold at the bottom girls?  Hint: totally retarded, brain-dead, veggie IQ beartards! 

[OutOfMemory]

So, who sold at the bottom girls?  Hint: totally retarded, brain-dead, veggie IQ beartards! 

Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl 

Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.

[Phil_S]

47 -> 53 in 9 hours. Not bad.

[friends1980]

When I see a homeless beggar lying on the sidewalk with a cigarette butt in his lips and the neck of a bottle protruding from a brown paper bag, I see a taxpayer... alcohol taxes, tobacco taxes, who knows how many other taxes.

Taxes for the construction of the sidewalk. And for the street sweeper.

There are a surprising number of progressives / socialists here on what is a primarily a speculation forum

... for a libertarian project.

[Sayeds56]

So, who sold at the bottom girls?  Hint: totally retarded, brain-dead, veggie IQ beartards! 

Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl 

Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.

Green candle formation on weekly chart is very positive. If Bitcoin break 56,200 then it should make  new ATH.

[LoyceV]

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever.

Hey Wall Street, if you want to pay me to say something bad about Bitcoin, please make me an offer! I accept Bitcoin

please add a word "only"

That was implied

[shahzadafzal]

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever.

Hey Wall Street, if you want to pay me to say something bad about Bitcoin, please make me an offer! I accept Bitcoin

please add a word "only"

[BitcoinBunny]

If they wanted to create real FUD they would just have to get Craig Wright or whoever to say whilst surrounded by gorgeous women:
"Bitcoin is fantastic, it works really well but it can unfortunately never be used to pay for a whore is that right ladies?"
And they all nod and we watch the price nosedive.

[LFC_Bitcoin]

I love the smell of burnt shorts in the morning.


@APompilano
LMAO bitcoin back to $52,000 $53,4xx already and the bears are hiding in hibernation again.

Once a system gets flushed of the leverage, we all know what happens next...
https://twitter.com/apompliano/status/1386499436252119043?s=21

[lightfoot]

So, who sold at the bottom girls?  Hint: totally retarded, brain-dead, veggie IQ beartards! 

[ivomm]

[serveria.com]

We're up almost 10% since the bottom. Those who sold can still buy back with a 10% penalty. It's expensive but yeah if you don't listen to your WO comrades life will teach you a lesson. Life's lessons are expensive but WO advice is free. I hope you'll choose wisely. Don't mindrust it.     

[gallianooo]

Please BTC if you have no fuel.. go directly to the target 40-43K. Then we can talk properly for reversal and next up leg step  

re-testing stronger support at about $47.5k
Might as well go straight up from there. If not now, then probably like next time.

You are absolutely right. 47500 is strong support.




https://www.tradingview.com/chart/BTCUSDT/ZXncFUun-THE-TOP-OWNER-WHALE-ADD-MORE-AND-GRAYSCALE-SHOWS-GREEN-52k/

LOL. 47.5K was broken in 10seconds so.. New local bottom is 46.9K

*cough*

$48.7k and rising.

Not the point. We printed a new local bottom, below 47.5K.

Poor wee widdle gallianooo.

Hopefully, you did not lose too much money on your DOWNity bet (actually, I will admit that I wouldn't really mind if you lost most if not all of your money because you don't come off as someone who is actually appreciating dee power of king daddy, and you likely need a wee bit of personal instruction from the school of hard knocks).

You might not have heard that is NOT good to be betting on DOWNity in a bull market.

 

Stop to be a f***ing stupid and arrogant guy.

Don't worry for me you know. I am into BTC since 200$ as long term holder. I am in ETH since bit less than 1$ and still have half of my bag so... If you want to talk about money, can be really funny.

I didn't loose anything, i never make short trade. If BTC would have dropped (or he will, because still possible. reversal is only on small units for now) to the 40-43K, I would/will just buy more because I have cash. that's all.

[Kylapoiss]

Another city boy who knows sweet FA about producing beef.

Not all of us city boys are clueless about our food.



The Angus steer on the right is Murray, being held by the lad who lovingly raised him like a pet, knowing full well that he was destined for slaughter. He was reserve grand champion at the prestigious Royal Winter Fair a few years back.

The guy with the glasses, second from right, is my local neighborhood butcher in downtown Toronto. He sources his meat from small, humane producers like the happy family in the rest of the picture. Happy meat is good meat. Of course it's free of artificial hormones and unnecessary antibiotics.

Murray was raised on forage and silage and finished with barley. Needless to say he was harvested humanely, locally.

I was lucky to get a couple of steaks from the front part of his rib section (with large spinalis dorsi muscles), plus a couple of flat irons (infraspinatus muscles). While we were enjoying him we had his picture up on the 55" display and toasted him, thanked him, and complimented him on his fine flavor and texture. He was delicious.

disgusting. you meat lovers are fucking psychos.

You do understand that without meat you wouldn't exist or if you would, you wouldn't be able to put together an intelligent line of words?

https://time.com/4252373/meat-eating-veganism-evolution/

As a new study in Nature makes clear, not only did processing and eating meat come naturally to humans, it’s entirely possible that without an early diet that included generous amounts of animal protein, we wouldn’t even have become human—at least not the modern, verbal, intelligent humans we are.

[eddie13]

There are a surprising number of progressives / socialists here on what is a primarily a speculation forum

... for a libertarian cryptoanarchist project.

Perplexing isn’t it..

Screw governments, screw taxes, and I like my steaks fresh, thick, and rare..

Oh, and we need more CO2.. Our poor trees are almost starving..
And no China virus (not really a) vaccine jabs for me..

HODL