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

[El duderino_]

[HI-TEC99]

To hell with the turkey; it'll keep.

 Carolina is back!  I'm heading over to my local MickeyDs to see if we can't get this train back on track.
If one Carolina doesn't do it, I'll have a second... the things I wont do for you guys!

 

Get them fast, before they shoot up in price.

[philipma1957]

To hell with the turkey; it'll keep.

 Carolina is back!  I'm heading over to my local MickeyDs to see if we can't get this train back on track.
If one Carolina doesn't do it, I'll have a second... the things I wont do for you guys!

 

Get them fast, before they shoot up in price.

Minimum wage is way over $7.25 in many states.

fed law it is $7.25

NJ minimum wage = $14.13 https://www.foxrothschild.com/publications/new-jerseys-minimum-wage-set-to-increase-1-13-to-14-13-an-hour


NY minimum wage = $14.20
https://www.ny.gov/new-york-states-minimum-wage/new-york-states-minimum-wage

Texas minimum wage = $7.25

https://minimumwage.com/in-your-state/


STATE   MINIMUM WAGE   TIPPED WAGE   
 Alabama   $7.25   $2.13   More on AL

Alaska   $10.34   $10.34   More on AK
 Arizona   $12.80   $9.80   More on AZ
 Arkansas   $11.00   $2.63   More on AR
 California   $15.00   $15.00   More on CA
 Colorado   $12.56   $9.54   More on CO
 Connecticut   $14.00   $6.38   More on CT
 Delaware   $10.50   $2.23   More on DE
 District of Columbia   $15.90   $5.30   More on DC
 Florida   $11.00   $7.98   More on FL

 Georgia   $7.25   $2.13   More on GA

Hawaii   $10.10   $9.35   More on HI

 Idaho   $7.25   $3.35   More on ID

Illinois   $12.00   $7.20   More on IL

 Indiana   $7.25   $2.13   More on IN
 Iowa   $7.25   $4.35   More on IA
 Kansas   $7.25   $2.13   More on KS
 Kentucky   $7.25   $2.13   More on KY
 Louisiana   $7.25   $2.13   More on LA

 Maine   $12.75   $6.38   More on ME
 Maryland   $12.50   $3.63   More on MD
 Massachusetts   $14.25   $6.15   More on MA
 Michigan   $9.87   $3.75   More on MI
 Minnesota   $10.33   $10.33   More on MN
 Mississippi   $7.25   $2.13   More on MS
 Missouri   $11.15   $5.58   More on MO
 Montana   $9.20   $9.20   More on MT
 Nebraska   $9.00   $2.13   More on NE
 Nevada   $10.50   $10.50   More on NV

 New Hampshire   $7.25   $3.26   More on NH

New Jersey   $13.00   $5.13   More on NJ
 New Mexico   $11.50   $2.80   More on NM
 New York   $13.20   $8.80   More on NY

 North Carolina   $7.25   $2.13   More on NC
 North Dakota   $7.25   $4.86   More on ND

 Ohio   $9.30   $4.65   More on OH

 Oklahoma   $7.25   $2.13   More on OK

 Oregon   $13.50   $13.50   More on OR

 Pennsylvania   $7.25   $2.83   More on PA

Puerto Rico   $8.50   $2.13   More on PR
 Rhode Island   $12.25   $3.89   More on RI

South Carolina   $7.25   $2.13   More on SC

South Dakota   $9.95   $4.98   More on SD

 Tennessee   $7.25   $2.13   More on TN
 Texas   $7.25   $2.13   More on TX
 Utah   $7.25   $2.13   More on UT

Vermont   $12.55   $6.28   More on VT
 Virginia   $11.00   $2.13   More on VA
 Washington   $14.49   $14.49   More on WA
 West Virginia   $8.75   $2.62   More on WV

 Wisconsin   $7.25   $2.33   More on WI
 Wyoming   $7.25   $2.13   More on WY
NOVEMBER 18, 2022
Gov. Whitmer is Rightly Concerned: Impacts of a Rising Minimum Wage in Michigan
NOVEMBER 11, 2022
After Passing Initiative 82, D.C. Restaurants and Residents Are Already Concerned
NOVEMBER 4, 2022
Study: Economists Say $15 Tipped Wage Will Cost 800K Jobs, $2.2B Earnings
Employment Policies Institute
A non-profit research organization dedicated to studying public policy issues surrounding employment growth
VISIT EPIONLINE.ORG
Tipped Wage
Facts about the tipped minimum wage
VISIT TIPPEDWAGE.COM
Faces of 15
Consequences of minimum wage hikes
VISIT FACESOF15.COM

Most states at $7.25 are rebuplican

not taking sides just pointing out facts.

[HI-TEC99]

To hell with the turkey; it'll keep.

 Carolina is back!  I'm heading over to my local MickeyDs to see if we can't get this train back on track.
If one Carolina doesn't do it, I'll have a second... the things I wont do for you guys!

 

Get them fast, before they shoot up in price.

Minimum wage is way over $7.25

How many big macs is it?

This says how many big macs you get depends on which state you work in.

https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States

The federal minimum wage of $7.25 per hour applies to states with no set minimum wage, and to most workers in states with lower minimum wages

[ChartBuddy]

Explanation

[cAPSLOCK]

So ...

Just flow with me here for a sec... What if this whole FTX thing was really a set-up.  Powers that be come in... got SB-F hooked on SOMETHING.  Have you seen the videos of him vibrating like a diesel engine?  Then nudge him further and further into the red 'till they set up the collapse.  Have legislation ready in the countries they control to try to bring the whole thing down over a few weeks...

Nah.  Just a ponzi prolly.

I'm just going to quote this from time to time until I either come out dead wrong, or...

Well let's hope for dead wrong.

So far, I am not wrong.  In fact, I was only scratching the surface I think.

This article is LONG... but worth the read.

https://roundingtheearth.substack.com/p/a-grand-unified-theory-of-the-ftx

What an amazingly crazy world we are living in.

[philipma1957]

To hell with the turkey; it'll keep.

 Carolina is back!  I'm heading over to my local MickeyDs to see if we can't get this train back on track.
If one Carolina doesn't do it, I'll have a second... the things I wont do for you guys!

 

Get them fast, before they shoot up in price.

Minimum wage is way over $7.25

How many big macs is it?

This says how many big macs you get depends on which state you work in.

https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States

The federal minimum wage of $7.25 per hour applies to states with no set minimum wage, and to most workers in states with lower minimum wages

Need to check tomorrow.

[cAPSLOCK]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

[philipma1957]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

I lived in

Hawaii
California
New York
Florida
New Jersey
New Hampshire
Connecticut
Virginia
Maryland

Not impressed with any of them.

[xhomerx10]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

I lived in

Hawaii
California
New York
Florida
New Jersey
New Hampshire
Connecticut
Virginia
Maryland

Not impressed with any of them.

 I recommend never stopping for more than a night or two in Vermont and only if absolutely necessary. 

[HI-TEC99]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

I lived in

Hawaii
California
New York
Florida
New Jersey
New Hampshire
Connecticut
Virginia
Maryland

Not impressed with any of them.

 I recommend never stopping for more than a night or two in Vermont and only if absolutely necessary.  

What's wrong with Vermont, (apart from this)?

[ChartBuddy]

Explanation

[philipma1957]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

I lived in

Hawaii
California
New York
Florida
New Jersey
New Hampshire
Connecticut
Virginia
Maryland

Not impressed with any of them.

 I recommend never stopping for more than a night or two in Vermont and only if absolutely necessary. 

If I were free and young with a few dollars in my pocket I would move to Mauritius.

 I spent a few weeks there and like it a lot

[Popkon6]

Bitcoin Historical #Bitcoin prices on this Thanksgiving day Buy and Sell..

2010: $0.28 (Buy)
2011: $2.25 (Sell)
2012: $12.66 (Buy)
2013: $793 (Sell)
2014: $375 (Buy)
2015: $328 (Sell)
2016: $738 (Buy)
2017: $8,743 (Sell)
2018: $3,895 (Buy)
2019: $6,935 (Sell)
2020: $19,091 (Buy)
2021: $57,198 (Sell)
2022: $16,554  ([Buy and HODL ✊💯✅])

From the annual price of this bitcoin we can understand that it is definitely the right time to hold our bitcoins.

[strawbs]

Bitcoin Historical #Bitcoin prices on this Thanksgiving day Buy and Sell..

2010: $0.28 (Buy)
2011: $2.25 (Sell)
2012: $12.66 (Buy)
2013: $793 (Sell)
2014: $375 (Buy)
2015: $328 (Sell)
2016: $738 (Buy)
2017: $8,743 (Sell)
2018: $3,895 (Buy)
2019: $6,935 (Sell)
2020: $19,091 (Buy)
2021: $57,198 (Sell)
2022: $16,554  ([Buy and HODL ✊💯✅])

From the annual price of this bitcoin we can understand that it is definitely the right time to hold our bitcoins.

That's some incredible TA right there. If you're sure it's definitely true, then I'll continue holding. Glad I saw your post in time, I was about to sell.

[goldkingcoiner]

Bitcoin Historical #Bitcoin prices on this Thanksgiving day Buy and Sell..

2010: $0.28 (Buy)
2011: $2.25 (Sell)
2012: $12.66 (Buy)
2013: $793 (Sell)
2014: $375 (Buy)
2015: $328 (Sell)
2016: $738 (Buy)
2017: $8,743 (Sell)
2018: $3,895 (Buy)
2019: $6,935 (Sell)
2020: $19,091 (Buy)
2021: $57,198 (Sell)
2022: $16,554  ([Buy and HODL ✊💯✅])

From the annual price of this bitcoin we can understand that it is definitely the right time to hold our bitcoins.

That's some incredible TA right there. If you're sure it's definitely true, then I'll continue holding. Glad I saw your post in time, I was about to sell.

I agree. Thats quite the TA... Quite a rare event of incredible TA.

[HI-TEC99]

Of note....in Houston, TX, real estate taxes are 'killing" me every darned year.
They are roughly 2% per year per current year RE value...you can have 3X of the house (in $) in Cali, 4X in Colorado for the same tax.
As valuation rises, that 2% becomes more and more. The only limit of increase is 10% increase max for the year, but if, say, property value increased 20% in a year, this means that you would get hit with 10% tax increase two years in a row, unless value drops in year 2.

But no income tax.

You have to pay somehow for the quality electric infrastructure...

Not sure if this is serious or sarcastic considering how much shit my state gets for the icepocolypse a couple years ago.  But TX is bringing big time mining companies into the state and they are balancing the grid.

The lack of a state tax IS quite nice.  But yes, the property taxes are the other end of it all...

Yes I was being sarcastic about the cold event, I don't pretend to know what has been going on since then. And Texas is supposed to be "low tax".

As a Texan, I will say this.  Ultimately it is pick your poison.  But at least the policies in TX favor your actions rather than just your income.  If I make a $2mm/yr salary and live in a house I bought in 1991 for 72k then I pay less taxes than if they take a percentage of my earnings.  It's really all about time preference.  TX is not perfect.  But it is WAY better than many of the alternatives.

In my opinion, the entire US is in a state of "fucked".  But TX and FL have been shining lights of the way we COULD do things.

I lived in

Hawaii
California
New York
Florida
New Jersey
New Hampshire
Connecticut
Virginia
Maryland

Not impressed with any of them.

 I recommend never stopping for more than a night or two in Vermont and only if absolutely necessary.  

If I were free and young with a few dollars in my pocket I would move to Mauritius.

 I spent a few weeks there and like it a lot

Le Tampon in Réunion Island sounds quite good to me. Maybe you prefer Flic en Flac in Mauritius.

[JayJuanGee]

Parker Schnabel Mined 50.000 Ounces of Gold... And poured one out for his Grandpa which started his Mining career. WOW.. Oh i wish i could be there to mine with those good guys LEGIT WORK yo

Gold?

What's that?

Can you send it through the interwebs?

interesting paper evidencing the reality and role of hodlers.

https://www.zerohedge.com/crypto/retail-hasnt-sold-despite-crypto-crash-bitcoin-hodling-hits-record

That article seems to be mostly talking about holding bitcoin.

Why do they feel compelled to use a vague term to reference what they are talking about?

[ChartBuddy]

Explanation

[CageMabok]

From the annual price of this bitcoin we can understand that it is definitely the right time to hold our bitcoins.

Hold if you have bought or held before selling at the best price according to each prediction. Because the current price range is very much different from the highest price range last year. I'm still very much wondering in my heart, whether in the next year the price of Bitcoin can be in the range of $35K or half of the ATH price that happened last year.
I do hope there will be a better price bounce on Bitcoin although I will not be discouraged when I have to see Bitcoin price run at $16K - $17K in the near future.