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

[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.

[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.

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.

Bitcoin Hold appropriate advice.....
Now do what you think best...




Your wealth is your decision

[Hueristic]

BREAKING: Twitter Break-In.

^Please pardon the pun.

This Tweet is from a suspended account.

This is one reason twitter sucks.

If this isn't censorship, I have no clue what is.

Free speech my ass.

Here it is for anyone that missed it.

https://web.archive.org/web/20221124003626/https://twitter.com/chadloder/status/1595557696131911680

[HI-TEC99]

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.

[ChartBuddy]

Explanation

[sirazimuth]

Happy Thanksgiving Wo Bros

[HI-TEC99]

[sirazimuth]

Must be from Texas dot dot dot ping ping ping

[ChartBuddy]

Explanation