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

[Khanvila78]

JUST IN: 87% of US merchants plan to accept bitcoin and crypto within 2 years – Deloitte survey 🇺🇸

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https://twitter.com/BitcoinMagazine/status/1534896931247648769

[1714105391]

1714105391

[1714105391]

1714105391

[Biodom]

Rephrase what I said, according to its context:  In the hypothetical event of a total ban, >99% of people here could be easily stopped from using Bitcoin.

for anyone of us in the USA (you know, land of the "free") a government ban would certainly stop almost all of us in their tracks. even if youre not kyc'd anywhere, use tor, decentralized exchanges etc i would wager they would find out anyway. maybe if you live totally off the grid and never go near civilization it could be done but thats not for me. call me a wimp or whatever, i need modern society to live comfortably. especially modern medicine.

understand: i HATE kyc and the government snooping in our business to the point they just hoover all info they can to store and analyze  for "security/terrorism/etc" purposes even when its not currently useful. as they can always make some law in the future and look back at all that collected data to retroactively get you on some law that doesnt even exist right now. 

look, i will mess with a lot of things but one entity i wont mess with is the irs. they have NO sense of humor. makes me glad i did not hide my btc gains even before the irs targeted it. call me a wimp but thats what we here in the USA need to do to exist in peace.

bleh.

In the USA you could mine to an address and never touch it.

I kyc everything fully transparent and I now did an LLC with buysolar. I had a schedule c but turning 65 and wanting to still work my accountant advised using an account with the business name on it for bitcointalk.

 Thus the new account vs philipma1957.  Thinking BTC is truly private and stealthy holds back its adoption as that is my opinion.

phil (or LLC2022), you seem to mix a few things (anything below is not an advice, consult CPA):
1. btctalk and business are two different "things" that don't have to be related, lol.
2. If it is a one member LLC, then taxes are being channeled to your INDIVIDUAL 1040. If LLC has more than one member, then it is more like a corp, which has both advantages and disadvantages.
3. You can very well mine to an account, but still record it and pay proper taxes on all proceeds (after accounting for expenses).

[ChartBuddy]

Explanation

[El duderino_]

Bit4you
First crypto platform on Brussels stocks….

[ChartBuddy]

Explanation

[cAPSLOCK]

JUST IN: 87% of US merchants plan to accept bitcoin and crypto within 2 years – Deloitte survey 🇺🇸

_________________________________

https://twitter.com/BitcoinMagazine/status/1534896931247648769

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mildyawn.jpg

[OROBTC]

Rephrase what I said, according to its context:  In the hypothetical event of a total ban, >99% of people here could be easily stopped from using Bitcoin.

for anyone of us in the USA (you know, land of the "free") a government ban would certainly stop almost all of us in their tracks. even if youre not kyc'd anywhere, use tor, decentralized exchanges etc i would wager they would find out anyway. maybe if you live totally off the grid and never go near civilization it could be done but thats not for me. call me a wimp or whatever, i need modern society to live comfortably. especially modern medicine.

understand: i HATE kyc and the government snooping in our business to the point they just hoover all info they can to store and analyze  for "security/terrorism/etc" purposes even when its not currently useful. as they can always make some law in the future and look back at all that collected data to retroactively get you on some law that doesnt even exist right now. 

look, i will mess with a lot of things but one entity i wont mess with is the irs. they have NO sense of humor. makes me glad i did not hide my btc gains even before the irs targeted it. call me a wimp but thats what we here in the USA need to do to exist in peace.

bleh.

Yeah, that's pretty much the way I feel too.  It's really none of the business of the intrusive IRS, but not worth fighting.  The law and all.

I hate KYC as well, but went through it in early 2021 to take some of my large gains in BTC.  Declaring my gains and paying the capital gains tax.

*Sigh*

[ChartBuddy]

Explanation

[BIT-MASTER]

Bit4you
First crypto platform on Brussels stocks….

The first cryptocurrency started 2009. Many investors consider bitcoin to be the original cryptocurrency. Founded in 2009 by a programmer (or, possibly, a group of programmers) under the pseudonym Satoshi Nakamoto, bitcoin ushered in a new age of blockchain technology and decentralized digital currencies.

The first crypto country in June 2021, El Salvador became the first country to accept Bitcoin as legal tender, after the Legislative Assembly had voted 62–22 to pass a bill submitted by President Nayib Bukele classifying the cryptocurrency as such.

[danadc]

Hello guys, they are seeing some articles and it seemed interesting that the BTC hash has increased to historical levels:

After a brief slowdown in May, the Bitcoin network’s hash rate has rebounded to new all-time highs. In total, miners are now producing an average of 258 exahashes per second (EH/s), per day.

According to public hash rate data, the average daily hash rate has spiked by 4.41% in the past 24 hours alone. Just one week ago, the hash rate dwelled as low as 188 EH/s – in other words, 188 quintillion hashes.

Source: https://cryptopotato.com/bitcoin-hash-rate-recovers-to-new-all-time-highs/

And in Wall Street they say that the value at $ 30K is a value almost frustrated:

"Bitcoin recently purchased a beautiful yet affordable home at a low-interest rate for 30 years in a quiet town called 30K. It apparently has settled in and intends to live there forever," analyst and podcast host Scott Melker, known as the "Wolf of All Streets," reacted to the current trend.

Source: https://cointelegraph.com/news/bitcoin-stocks-correlation-feels-like-100-as-30k-btc-price-frustrates

According to market experts, although BTC is not a currency to stay still, volatility is impressive, I think some "experts" analysts need to learn a lot about BTC.

According to some bullies see the fastest movement:



twitter:https://twitter.com/TXMCtrades/status/1534928262929043463


In spite of everything, adoption is very important, we must recognize that more BTC is discussed and that is already gain.

[ChartBuddy]

Explanation

[JimboToronto]

Here's the link you forgot:

https://thelittlehodler.com/gallery/

[ChartBuddy]

Explanation

[OutOfMemory]

twitter:https://twitter.com/TXMCtrades/status/1534928262929043463


In spite of everything, adoption is very important, we must recognize that more BTC is discussed and that is already gain.

Using linear scaling on both sides of the graph for y-axis would look quite impressive, wouldn't it?  

[ChartBuddy]

Explanation

[julian071]

I just closed a long on

[Torque]

Pretty hilarious to watch the stonk market now 'barting' everyday, seesawing back and forth between equities and the 10-year.

I thought only the Bitcoin market did that. 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[proudhon]

This just in: price will be much lower tomorrow. Scientifically confirmed and guaranteed. That's all.