justusranvier
Legendary
 Offline
Activity: 1400
Merit: 1009
|
 |
June 20, 2014, 10:33:23 PM |
|
Meanwhile, in the real world, everyone will ignore the IRS. This is bad, because it is part of a pervasive and creeping contempt for rule of law. In the end we all suffer for that. The fix is to void all the ludicrous, often criminal in themselves, laws. That would be roughly, let's see, one two three... all of them. The USA in 2014 is the USSR in the late 1980s. Nobody believes the charade any more, not even the people supposedly running it: http://stockman.house.gov/media-center/press-releases/stockman-bill-allows-taxpayers-to-use-same-lame-excuses-as-irsUnder Stockman’s bill, “The Dog Ate My Tax Receipts Act,” taxpayers who do not provide documents requested by the IRS can claim one of the following reasons:
1. The dog ate my tax receipts
2. Convenient, unexplained, miscellaneous computer malfunction
3. Traded documents for five terrorists
4. Burned for warmth while lost in the Yukon
5. Left on table in Hillary’s Book Room
6. Received water damage in the trunk of Ted Kennedy’s car
7. Forgot in gun case sold to Mexican drug lords
8. Forced to recycle by municipal Green Czar
9. Was short on toilet paper while camping
10. At this point, what difference does it make? Number 10 is what people say who are looking for an exit strategy. |
|
|
|
|
|
MatTheCat
|
|
June 20, 2014, 10:33:32 PM |
|
I'm starting to wonder if I should be following finex instead of stamp.
No. Bitfinex buff their volume with large trades that spring up right of knowhere right around spot price and are triggered within split seconds and likely before any real traders can react. The reason for this will be that these 'flash trades' probably consist of around 99% fake volume. Indicators using Bitfinex data for input are therefore going to give a skewed representation of the market. I used to think that all the big market moves were initiated on Huobi. But I have started to see that other exchanges only move if Stamp moves as well. The bottom line is that whilst Stamp is no longer the USD volume leader, it is most likely still the most liquid USD exchange. Stamp doesn't do leveraged trading. Stamp doesn't buff their volume with phantom trades. If BFX, Huobi, OkCoin had such huge liquidity thanks to their über-trade volume, then why do we see all these low volume erratic price spikes on these exchanges all the time, whilst they absolutely never occur on Stamp? By the way, I remember you stating that some psychic telling you that someone was going to steal all your money. I would suggest that you are taking a big risk by having the lionshare of your funds on Bitfinex. Make no mistake, these guys are crooks. |
|
|
|
|
|
CEG5952
|
|
June 20, 2014, 10:48:40 PM |
|
I'm starting to wonder if I should be following finex instead of stamp.
That's what I do. I chart Huobi mainly, and BFX tends to stay in lock step, more or less. Stamp is becoming irrelevant, in my opinion. |
|
|
|
|
|
bitcoinsrus
|
|
June 20, 2014, 10:50:45 PM |
|
I'm starting to wonder if I should be following finex instead of stamp.
That's what I do. I chart Huobi mainly, and BFX tends to stay in lock step, more or less. Stamp is becoming irrelevant, in my opinion. Whats up with stamp? Its higher than btc-e once again though. |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 20, 2014, 10:52:14 PM |
|
I'm starting to wonder if I should be following finex instead of stamp.
That's what I do. I chart Huobi mainly, and BFX tends to stay in lock step, more or less. Stamp is becoming irrelevant, in my opinion. confirmed! i've been watching finex more too  Stamp is not irrelevant not at all... its just finex is more interesting |
|
|
|
|
|
CEG5952
|
|
June 20, 2014, 10:54:53 PM |
|
finex looks the same to me on bitcoinwisdom (as stamp)
whats the difference?
If you look at structural highs and lows, BFX has diverged considerably from Stamp. They used to move in tandem, since BFX shared Stamp's liquidity, but that is not the case anymore. It's actually kind of fucked up -- BFX doesn't have a thick enough order book to support all its margin trading. |
|
|
|
|
|
bitcoinsrus
|
|
June 20, 2014, 10:56:38 PM |
|
finex looks the same to me on bitcoinwisdom (as stamp)
whats the difference?
If you look at structural highs and lows, BFX has diverged considerably from Stamp. They used to move in tandem, since BFX shared Stamp's liquidity, but that is not the case anymore. It's actually kind of fucked up -- BFX doesn't have a thick enough order book to support all its margin trading. Oh sorry, deleted that comment since I wrote a previous comment similar. Anyways thanks for explaining that, makes more sense now. |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
June 20, 2014, 11:00:52 PM |
|
|
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2492
Merit: 2161
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
June 20, 2014, 11:09:32 PM |
|
Meanwhile, in the real world, everyone will ignore the IRS. This is bad, because it is part of a pervasive and creeping contempt for rule of law.
The IRS itself is setting a bad example of respect for the rule of law recently. It can't end well. |
|
|
|
|
|
nicked
|
|
June 20, 2014, 11:36:23 PM |
|
Then IRS is doing more than just setting a bad example. They are breaking the law and now, they are trying to cover it up. Someone will find those supposedly "lost emails".
|
|
|
|
|
Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
|
|
June 20, 2014, 11:39:22 PM |
|
Just replace what you use.  I know you are right but I just can't bring myself to spend any right now. ONE of my obstacles in spending is the potential accounting problem to have to keep track... since it is supposed to be treated as property. My solution is either to replace as I spend, and therefore say I did NOT claim it as profit b/c I replaced what I had spent... or I can spend it overseas (outside of the USA), which would cause me NOT to have to claim a profit. Also, I am disinclined to sell now, anyway b/c at this point my portfolio remains in the red with a $613 average BTC price. The accounting...how can the dominators possibly expect people to do that? Do you see people at large keeping tabs on everything they spend and earn. Private double book-keeping? Assuming bitcoins further progress, not possible. Just say no. It is amazing what technology can do... think about it.... Yeah, maybe the NSA can do the accounting for us. |
|
|
|
|
empowering
Legendary
Offline
Activity: 1078
Merit: 1441
|
|
June 20, 2014, 11:42:38 PM
Last edit: June 20, 2014, 11:58:01 PM by empowering |
|
It is amazing what technology can do... think about it....
Yeah, maybe the NSA can do the accounting for us. Doubt that... but a clever little app/protocol ... could no problemo.... |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 21, 2014, 12:01:52 AM |
|
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 21, 2014, 12:02:30 AM |
|
i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long! i want to buy all the bitcoin  |
|
|
|
|
Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
|
|
June 21, 2014, 12:06:03 AM |
|
i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long! i want to buy all the bitcoin Quick, give me the strats to get mad debt based money without any credit history. |
|
|
|
|
|
bitcoinsrus
|
|
June 21, 2014, 12:13:41 AM |
|
i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long! i want to buy all the bitcoin Quick, give me the strats to get mad debt based money without any credit history. easy just ask for it (in 2011, he actually gets 1 million, by simply asking...If only he bought btc then....he would have a satoshi stash (btc - $1 in 2011 so 1 mn BTC) http://www.themarysue.com/craig-rowin-million-dollars/ |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 21, 2014, 01:00:53 AM |
|
|
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
June 21, 2014, 01:09:42 AM |
|
i wonder how many bitcoins i could get if I asked the bank for a margin, send that to bitfinex and go MAX Leverage Long! i want to buy all the bitcoin Quick, give me the strats to get mad debt based money without any credit history. Become a bank. |
|
|
|
|
|
bigasic
|
|
June 21, 2014, 01:12:34 AM |
|
I think it will be kind of bearish until that damn auction is over. Then its going to be CCMF.. Well, maybe not to the moon quickly, but I think we will be more bull than bear, once they get those coins gone. I don't think we will see many of those coins hit the exchanges for quite a while, so i dont know why the market reacted the way it did. Most of the guys that put in their bid will be hodling...
|
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
|
June 21, 2014, 01:30:30 AM |
|
I think it will be kind of bearish until that damn auction is over. Then its going to be CCMF.. Well, maybe not to the moon quickly, but I think we will be more bull than bear, once they get those coins gone. I don't think we will see many of those coins hit the exchanges for quite a while, so i dont know why the market reacted the way it did. Most of the guys that put in their bid will be hodling...
My monkey seems to agree. |
|
|
|
|
|
Poll
