Wall Observer - MtGoxUSD wall movement tracker

[deeplink]

This price movement is wild.  I wish I knew what was driving it.

Demand

[mccorvic]

This price movement is wild.  I wish I knew what was driving it.

Demand

word

[thoughtfan]

if anyone can photo of the charts please

10K BTC to $85
20K BTC to $100

We might actually hit $100 / BTC today  . Normally the biggest orders arrive after 12:00 EST.

And there's almost nothing over $100.

Total bids in USD are steady at 7.5mil, sells in BTC have dropped to 30kish.

Latest on this one:

[Piper67]

Come on! We're getting punk'd, right?  

[humanitee]

I love how there haven't been any retaliatory dumps after passing $70 (or any large transactions at all), it's like everyone including the bears are in total shock and don't know what to do anymore.

The rules of the game (over the last few years) simply do not apply anymore. Its time to take a step back and remember why we all were so interested in bitcoin in the first place. We all know the potential, we should stop being so surprised that its doing exactly what we expected it to do.

Exactly. As I said earlier today, this rally will not end before $10k. Right now, I'm seriously considering the possibility we will be there before the year ends.

I like your enthusiasm Zom! I've got strong hands, but I think they might drop a few $10k coins....

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

[chrsjrcj]

$72

[byronbb]

LOL $71.5 and we are still in beta!!!

[mccorvic]

Guys, you remember when we all dreamed of the far distant day of getting to a new ATH?

Good times.

[Spaceman_Spiff]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

[Zomdifros]

I love how there haven't been any retaliatory dumps after passing $70 (or any large transactions at all), it's like everyone including the bears are in total shock and don't know what to do anymore.

The rules of the game (over the last few years) simply do not apply anymore. Its time to take a step back and remember why we all were so interested in bitcoin in the first place. We all know the potential, we should stop being so surprised that its doing exactly what we expected it to do.

Exactly. As I said earlier today, this rally will not end before $10k. Right now, I'm seriously considering the possibility we will be there before the year ends.

I like your enthusiasm Zom! I've got strong hands, but I think they might drop a few $10k coins....

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Well I'll sell some coins as I have to pay taxes. Right now, I'm not yet wealthy enough to quit working, but once I have around 25x - 50x annual salaries accumulated, I will sell around 10% of my coins so I can comfortably retire.

[humanitee]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

I can't get a straight answer on this.

Some people say 15%, some say 50%.

Then someone rolls in and flames the shit out of everyone for thinking about paying taxes, lol.

[ehoffman]

Rallying up again...  72.3$.  75$ soon?!

[Spaceman_Spiff]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

I can't get a straight answer on this.

Some people say 15%, some say 50%.

Then someone rolls in and flames the shit out of everyone for thinking about paying taxes, lol.

I haven't really looked into it much to be honest.  Obviously it also depends on which nation you live in.

[Chalkbot]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

I can't get a straight answer on this.

Some people say 15%, some say 50%.

Then someone rolls in and flames the shit out of everyone for thinking about paying taxes, lol.

It's going to vary as you have state and federal taxes, but assuming 30-40% for $250k or less will probably get you in the ballpark.

[justusranvier]

Right now, I'm seriously considering the possibility we will be there before the year ends.

The 13.6% per week we've been seeing since January would indeed put us at $10k by the end of the year.

[chrsjrcj]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

I can't get a straight answer on this.

Some people say 15%, some say 50%.

Then someone rolls in and flames the shit out of everyone for thinking about paying taxes, lol.

I think it depends on how much you cashed out.

[LanYu]

15% ON GAINS under 5 million.

Then its 50% for everything over 5 million.

That is, if you know your cost basis

[elux]

73!

[humanitee]

No kidding. I'd be significantly out before then. I could take care of everyone in my immediate family (pay off their debts) and set my mom and pop up in a house that is fully paid for.

Don't forget the fact that you lose half in taxes 

I can't get a straight answer on this.

Some people say 15%, some say 50%.

Then someone rolls in and flames the shit out of everyone for thinking about paying taxes, lol.

It's going to vary as you have state and federal taxes, but assuming 30-40% for $250k or less will probably get you in the ballpark.

Hopefully by this point I can just pay for their house in Bitcoin then.  

[Piper67]

15% ON GAINS under 5 million.

Then its 50% for everything over 5 million.

That is, if you know your cost basis

Or if you don't live in the Caymans