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

[psycodad]

Watching the 'peaceful' protests unfold in my neighbouring country France I wonder if Prigozhin should ask the french next time on how to properly overthrow a government. /s

Though in all seriousness, it looks like something very bad is brewing there, not looking good at all r/n.

-> https://twitter.com/search?q=%2523FranceRiots

 Dammit!  It seems like something bad is brewing at Twitter as well.  I'm being coerced to sign up in order to view the content but I've only ever wanted to be a passive listener; guess I'm done with Twitter now too (for the second time).  Oh well, it happened before; I guess I should have expected it.
 
 France is always in some sort of turmoil but the protests seem to be getting more and more violent.   I wonder if this isn't instigated by the west for France's position on keeping an open diplomatic channel with Russia after the Russian army entered Ukraine or maybe for openly calling out NATO as brain-dead.

Sorry for the Twitter link, I'd normally refrain from linking to that site but it seems MSM is not really covering the riots for the moment. Even Macron himself thought it to be more appropriate to dance at an Elton John concert rather than addressing the riots in almost every larger city and the fact that public transport has been suspended in the whole country yesterday. He might possibly declare martial law tonite after a meeting with his security council.

[BitcoinBunny]

Hopefully Elton John performed "Can you feel the love tonight?" in France. He missed it out at Glastonbury.

 

[Learn Bitcoin]

Hi Mrs. Johnson

I thought you have a D.
How many Johnson are here BTW?

[BobLawblaw]

Man... I don't think $30k is gunna hold...

[Gachapin]

Just got this mail... can't understand why it landed in my spam folder:



Hi Mrs. Johnson, We have deposited the 27 BTC which amount to (819,134.64 USD) as you requested into your bitcoin portfolio at www.*redacted*.net

Customer Id: *redacted*
Password: *redacted*


I guess I'm going to buy a new lambo with that money

I got the exact same mail myself yesterday

these cool ledger devices.. such a joy

[d_eddie]

France is always in some sort of turmoil but the protests seem to be getting more and more violent.   I wonder if this isn't instigated by the west for France's position on keeping an open diplomatic channel with Russia after the Russian army entered Ukraine or maybe for openly calling out NATO as brain-dead.

With all we've been finding out, it's far from unlikely.

Not sure. The French as a people definitely have a short fuse.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

IMO this surprising decision by the SEC actually means that these proposals will be accepted in the end. A bit of logical analysis is needed here. The main concern is that the SEC is only looking for excuses not to allow spot ETFs. There are plenty of reasons for this. In that case, they would not have done so. They would take their time and re-announce a whole list of problems that cannot be solved. Then it wouldn't matter if Blackrock et al.  named the spot exchange and what the details of the surveilance agreement were. The fact that they want these details is something well known to those who write articles and submit to journals. This implies that the article will be accepted if the author corrects the errors and omissions! Logically, this means that if Blackrock et al. provide the necessary information which satisfies the requirements in principle, the proposals will be accepted! I thnk that now the demand for regulated Bitcoin trade via ETF's is so strong in USA, that the time for excuses from the SEC has passed.

P.S. It seems that BTCsessions and I are on the same page:

Every other ETF: SEC sits on hands and extends deadlines until they must respond, then rejects them.

SEC to BlackRock after like 2 mins: "Hey buddy, looks like your application is not quite adequate. Here's some hot tips so that everything goes perfectly for ya!"
https://twitter.com/BTCsessions/status/1674782661108445185

The question that people still aren't asking is, "Why are financial institutions filing for Bitcoin spot ETFs now, and not years ago?" and "Why is the SEC entertaining these now? Why not years ago?" "What's going on that they (i.e. Blackrock, Fidelity, etc.) suddenly care about this market?"

The answer is simple: timing.

Just wait until the equities market shitshow that hits early NEXT year. The spot ETFs will have already been greenlighted and approved by the SEC near the end of THIS year. Then it will all suddenly make sense to everyone (in hindsight, of course).

[machasm]

Just got this mail... can't understand why it landed in my spam folder:



Hi Mrs. Johnson, We have deposited the 27 BTC which amount to (819,134.64 USD) as you requested into your bitcoin portfolio at www.*redacted*.net

Customer Id: *redacted*
Password: *redacted*


I guess I'm going to buy a new lambo with that money

I got the exact same mail myself yesterday

these cool ledger devices.. such a joy

Yeah tell me about it.
All the trouble started after their data breach.
Plebs.

[eXPHorizon]

Something is coming. You can feel it, can't you? That we are creeping toward the edge…

[Hamza2424]

The question that people still aren't asking is, "Why are financial institutions filing for Bitcoin spot ETFs now, and not years ago?" and "Why is the SEC entertaining these now? Why not years ago?" "What's going on that they (i.e. Blackrock, Fidelity, etc.) suddenly care about this market?"

The answer is simple: timing.

Just wait until the equities market shitshow that hits early NEXT year. The spot ETFs will have already been greenlighted and approved by the SEC near the end of THIS year. Then it will all suddenly make sense to everyone (in hindsight, of course).

I do accept that everything has a specific timeline and things always develop in favorable scenarios and timelines. But the point is they always took this market as immature and now they are impatiently interested in the market it is quite comparable to Tesla's policy they know the market is offering them a lot, reasonably, also they are quite confident in their approval. Why it is a mystery (Something is related to the Grayscale and Q2's end in my view).

[Out of mind]

Bitcoin market right now...BTC
Buy and HODL

[El duderino_]

Resume

Bull

Mode

Resume

Annoying

Mode

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

France is always in some sort of turmoil but the protests seem to be getting more and more violent.   I wonder if this isn't instigated by the west for France's position on keeping an open diplomatic channel with Russia after the Russian army entered Ukraine or maybe for openly calling out NATO as brain-dead.

With all we've been finding out, it's far from unlikely.

Not sure. The French as a people definitely have a short fuse.

They should just offer foreign nationals to house the most beautiful French women for a while and let all the French men decide their own fate once and for all. Battle it out to see whoever is left.

I volunteer to house 3 beautiful 25 year old French women because I have a good dick heart.

[Who is John Galt?]

All of this happened in TWO weeks. BTCBTC
https://twitter.com/TheBTCTherapist/status/1674040230091935746?t=2W_xq2BWb69kPoG3A2Tk8g&s=19

And a couple of days ago, North Carolina did the same. Their House of Representatives wants to explore “acquiring, securely storing, insuring, and liquidating [...] virtual currency [...] such as Bitcoin.”

[JayJuanGee]

Yes since 2023, it's now taxed in Portugal if you hold for less than 1 year (until 2022 was tax free, even less than 1 year).

Exactly, it's similar as Germany. However Portugal has one more huge advantage : NHR (non habitual resident) tax-scheme.  You get this statut for 10years you are tax free on your foreign income (dividends, interests, royalties). Kind of temporary "territorial tax scheme".

Until 2022 private foreign pensions (for retired people) was tax free too under this scheme. Now it's taxed 10% due to other EU countries pressure (for the new applicants).

Just think about how many BTC that you might have had if you had been stacking in the last year gallianooo - rather than wishing for the BTC price to drop below $10k?

What could have had been?  What could have had been?

And also, I saved you from losing even more BTC by refusing to enter into your dumbass supposed bet for the quantity of BTC that you had suggested that you wanted.. even if we might presume that you were actually serious / genuine about entering into a bet rather than just trolling and talking nonsense.

but hey maybe you do happen to know about taxes in Portugal in regards to an asset that you don't really have much of any.. (relatively speaking).


 

Sucks to be uie-pooie, no?

[bitcoinPsycho]

Man... I don't think $30k is gunna hold...

And it's holding

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Man... I don't think $30k is gunna hold...

Pathetic.