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

[Krabby]

*sigh*

[1715082977]

1715082977

[1715082977]

1715082977

[_javi_]

stop selling!! enough of the red dildos  

[bitcoinsrus]

stop selling!! enough of the red dildos  

Do you think its day traders trying to make a few swings? or is it something else? (I am not sure)

[kurious]

If you're in the UK:

BBC Radio 4 programme on Bitcoin tonight 8.30pm local time:

http://www.bbc.co.uk/programmes/b045c1wg

[_javi_]

daytraders, imho.

BTC has been very bullish these days.

[aminorex]

stop selling!! enough of the red dildos  

You think its daytraders trying to make a few swings? or is it something else? (I am not sure)

monkey wants to buy more btc at 647 if possible.  also monkey is wild about silver at this price.  regarding the poo-throwing question asked earlier, if i told the monkey i was selling silver today, i'm pretty sure he'd throw poo.

[JorgeStolfi]

This might account for the renunciations (just the very rich!)

Indeed.  I recall many decades ago Ingmar Bergman moving to the US to escape Sweden's progressive income tax (over 60% for his bracket, IIRC).  And, more recently, Gerard Depardieu moving to Belgium to escape Hollande's "wealth tax".

[freebit13]

AKAIK they'd make you choose, depending on where you are living. If you wanted to stay, you would have to swap your US passport for a South African one and if you lived in the US, you'd need to apply for a visa to visit and citizenship if you wanted to stay; they'd grant you citizenship if you decided to stay, but once again you'd have to give up your US passport/citizenship. Basically we can only hold one passport at a time, although I do have friends who've gotten around this because this country is so screwed up sometimes, but my wife is German and it's taken 4 years and they still haven't managed to process her application. Once she finally gets her application filed, she'll be able to get a South African passport (and national identity number which allows you to open a bank account), but she has to hand her German one in, she basically has to leave and re-enter the country on the same passport, although she can travel around Europe on her German ID card.

Dual citizenship used to be allowed here in the past, but it was stopped some years ago, not exactly sure when.

Yes. But if your mother returned home soon after you were born, you would surely receive a citizenship from that country. Yet you would still be an American citizen by US laws.

I am not certain, but I thought US citizenship meant you were expected to pay tax on all your worldwide income, whereas many other countries just tax you for what you earn in their own country if you are a citizen.

I lived in the US but didn't get a green card (g/f offered to help) because of likely tax implications - but this was a fair while back.

This might account for the renunciations (just the very rich!)

I think this is the difference here, when I left home and lived and worked in another country, I was required by SARS (the "IRS" here) to let them know and I did not pay taxes here while I was working abroad. Sounds like the US is happy to keep everyone working for them no matter where they live...

[Cassius]

monkey says down a bit now, intraday.  still looking for daily gains through late next week.  

in case you care: monkey thinks the s&p is very, very toppy here on a daily basis (monkey starts to buy vol over the next 2 weeks, makes diagonal puts with weekly options) and yet wants to buy USDJPY later today for a Monday reversal.  monkey is contrarian on TSYs and wants to buy some now, some more in a few days, to sell late next week or early the following week.

Ah, a while back I recall monkey discussing (in monkey language, but I believe this was the gist of it) the possibility of a summer stock market fall/incoming recession.

[Parazyd]

So, there's a 14 year-old in another thread. Says he earned $2000 with Bitcoin. How nice

[bangersdad]

So, there's a 14 year-old in another thread. Says he earned $2000 with Bitcoin. How nice

never believe anything that FONZIE tells you....

[derpinheimer]

I have no faith in this rally but I sure hope that wall at $660 gets eaten so that manipulator can go cry  

[Krabby]

This man and his wall...

[ChartBuddy]

Explanation

[Parazyd]

LET'S DUMP SOME FIAT!!!

[bitcoinsrus]

This man and his wall...

https://www.youtube.com/watch?v=QvdB6EG844o

[aminorex]

Ah, a while back I recall monkey discussing (in monkey language, but I believe this was the gist of it) the possibility of a summer stock market fall/incoming recession.

Monkey is pretty sure there are at least 2 weeks left before things can really turn south in the s&p.  He actually wants to buy the russell on a daily basis (but intraday the entry point is too high now).

He says it probably takes 3 hours for BTC to turn back up.  But he's willing to buy a just a little bit now.

I've been taking the monkey pretty seriously lately, and although our relationship has always been...complicated, I'm pretty sure he's not playing tricks on me intentionally.  Interpreting monkey speak, and converting it into actual good execution, good position management, can be a bit of an acrobatic exercise still, but I seem to be getting better at it.

[Bitcopia]

...I sure hope that wall at $660 gets eaten so that manipulator can go cry 

Just Eat It, Eat It,
No One Wants To Be Defeated
Showin' How Funky Strong Is Your Fight
It Doesn't Matter Who's Wrong Or Right
Just Eat It, Eat It

[Richy_T]

So, you're saying if my mother went on vacation to the US and gave birth there, registered my birth there and then returned home? In that case when she registered me as a baby back at home, SA wouldn't recognize my US citizenship, I guess the US still would recognize you if you didn't tell them you registered in SA, but you might have a problem entering the US on the US passport because SA will only stamp your SA passport when you leave.

I must say that I'm not up to scratch on US immigration laws, I've lived in Germany, the UK and Australia, but never delved deeply into the citizenship side, I was never anywhere long enough, always got visas and never a passport.

I don't think you'd need to register in the US (Though that may well be part of the process) but citizenship & passport would be available to you at a later date. I would imagine that SA would not be likely to say "No freebits mother, you cannot bring your baby back until he learns to talk and renounces his US citizenship" and there would be processes there (most likely involving visits to SA's embassy in the US but possibly other ways to expedite things). SA would probably not recognize the US citizenship (not that there's a huge difference either way) though it would be interesting to see what happened if you obtained a US passport and tried to travel on it. Likely you'd breeze on through.

[Richy_T]

I am not certain, but I thought US citizenship meant you were expected to pay tax on all your worldwide income, whereas many other countries just tax you for what you earn in their own country if you are a citizen.

I lived in the US but didn't get a green card (g/f offered to help) because of likely tax implications - but this was a fair while back.

This might account for the renunciations (just the very rich!)

Note that the green card is not the same as citizenship. And you would likely still have been liable to the same laws as a non-permanent resident as a permanent one.