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

[Gachapin]

Explanation
Chartbuddy thanks talkimg.com

someone might wanna sell in those buy walls... it will definitely not be me.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

looks like 2 types of nuts/fruit both called chestnut. one stretched longer and a light shade of brown

Agreed.

Now lets move to my initial question which I posted, do they have any effect on controlling blood sugar? Have you tried it for managing diabetes?

[bitserve]

Our tax admin takes the average over the whole year, so that tiny dippity-doo doesn't really help.
Then again it's a low 0.x percentage wealth tax and I really don't care about that (meaning, from my tax perspective, it can go up anytime).

Here's it's 2.1168% next year, based on your tally on the 1st of January. The Dutch Central Bank often advises not to invest in Bitcoin, but if you do, they take a larger cut each year.

Here (Spain) it is 1.7% above 3M€ to 5M€, 2.1% 5M-10M and 3.5% for anything above 10M.

That is at "market valuation at 31 DEC" (the exact time is not really clear, so assume either at the last second of the year, the average OR, BETTER YET, the worst favourable (highest of the day) case of all of them during all the day... just to be safe).

It's no wonder that, in the case of crypto, where it is not that uncommon that sometimes you aren't even sure the exact amount that you still have or not have under your control (misplaced seeds/keys, seeds that years ago were buried under heaps of concrete, etc) maybe some people could have a mismatch between what they declare (what they are SURE to "reasonably" control) and what they might eventually have on a later date after a huge amount of effort is employed on the "recovery" and a bit of luck (of course FULL gain should be reported in that case)... If they ever really need to get a hand on that part of their long "lost" stash.

Wealth tax is the most stupid and anti-progressive tax ever devised. It impairs all the good traits that should, instead, be promoted for the good of a country, and its citizens, in the long term.

[bitserve]

Wow, that's quite a cut they take there...

Yep, their greed is increasing. But there's no capital gains tax on top of this, so that's something.

But then again, the Netherlands should be a good place for boating accidents with all the channels and shore  

Lol. The problem with that is selling it later on.

Lucky you on the "no capital gains tax". We do, currently, ALSO (in addition to wealth tax) have an up to 29% capital gains tax for gains above 300K€ (and it is not MUCH better for lower amounts either... as it starts at 21%)

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LoyceV]

Our tax admin takes the average over the whole year, so that tiny dippity-doo doesn't really help.
Then again it's a low 0.x percentage wealth tax and I really don't care about that (meaning, from my tax perspective, it can go up anytime).

Here's it's 2.1168% next year, based on your tally on the 1st of January. The Dutch Central Bank often advises not to invest in Bitcoin, but if you do, they take a larger cut each year.

Here (Spain) it is 1.7% above 3M€ to 5M€, 2.1% 5M-10M and 3.5% for anything above 10M.

Lol. Here, the threshold is 57k€. No millions, just 57k.

Lucky you on the "no capital gains tax". We do, currently, ALSO (in addition to wealth tax) have an up to 29% capital gains tax for gains above 300K€ (and it is not MUCH better for lower amounts either... as it starts at 21%)

I guess it depends on how high your wealth tax is. Here, they made a mess out of the tax, and now they're mostly raising it while trying to create a new system. The gains tax is 36% on some sort of flat rate assumed gain. It's a weird system
Depending on how long you're HODLing, a 29% one-time tax can be better than an annual tax.

[OgNasty]

I like the volume we’re seeing on the snapback today. Doesn’t indicate the typical capitulation but it shows that somebody out there decided to buy the dip heavily. I think that is somewhat promising. Maybe the leveraged longs are done being liquidated?

[vapourminer]

tried to buy some corn from coinbase today and they were basically like "lol no. come back later" so i lost out on a 92k corn impulse buy.

so.. came back later and had to make due with some at 93.7k

well got my 92k usd buy in this time lol

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Wagyu is too fatty for me. I don't like the taste of the fat. I prefer organic fat free filet.

To each their own. Personally I find lean beef unappealing.

I seldom buy filet (tenderloin... a.k.a. psoas major) any more... too lean and almost flavorless. Flatiron (top blade... a.k.a. infraspinatus... with the membrane removed) is the second tenderest muscle in the beef carcass and has much more rich beefy flavor.

Tenderness has as much to do with the animal as the cut, including the breed and how it was raised, fed, and harvested. I used to get Charolais inseminated with Texas Longhorn, with some grass pasturing in a moderately constricted area, wintered indoors on corn silage and finished with barley. It was humanely slaughtered on the farm and hung for a week before quartering. It then usually spent another week dry aging in my butcher buddy's meat locker. After cutting it was sealed in cryovac for further wet aging. It was absolutely delightful.

I was lucky to have a chance to talk to the farmer who happened to be in my buddy's store when I asked him what kind of beef he sold. The farmer said that the Charolais was a hardy breed suited to local conditions that bulked up fast and resisted disease, keeping production costs down and keeping it hormone- and antibiotic-free. The Longhorn was a tranquil breed that added tenderness and flavor. Unfortunately a few years ago my friend was forced to change suppliers and started getting primal cuts from a different supplier already in cryovac. Now I make do with mostly Limousin, Hereford and plain old Black Angus from small farms, also grain-finished, hormone- and antibiotic-free and dry aged. No grass-fed crap for me.

One thing to remember about Wagyu is that its fat, especially its intramuscular fat, is low on "bad" cholesterol and high on beta-3 fatty acids. Not only is it tastier but it's also healthier.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[promise444c5]

well got my 92k usd buy in this time lol

VPM bought the DIP .
I hope you liked  the "VPM"  

[philipma1957]

looks like 2 types of nuts/fruit both called chestnut. one stretched longer and a light shade of brown

Agreed.

Now lets move to my initial question which I posted, do they have any effect on controlling blood sugar? Have you tried it for managing diabetes?

No my natural methods were Ceylon cinnamon with keto diet  and exercise. Which was good for 5-6 years.


Now I do keto diet and some pharmaticals. works better then the cinnamon

https://www.drugs.com/jentadueto.html


A lot depends on your age.

the younger you find the problem the better off you are with no drugs if you can make it work with a decent number. say 110 daily sugar number and 5.7 a1c

I have eaten the American/English chestnuts which are merely okay.

I did have good numbers with this cinnamon


https://www.amazon.com/gp/product/B00416T8Q6/ref=ox_sc_act_title_1?smid=A1BZKRV4BRWPE1&th=1

has to be Ceylon not Vietnamese.

and a lot of plain greek yogurt. https://www.target.com/p/fage-total-5-milkfat-plain-greek-yogurt-32oz/-/A-46778312?  full fat not low fat.


diet is tough as you age. If I had figured my issue out at 50 vs 60 maybe diet would have worked longer.

But I had some eye damage and some other damage before I figured out the diabetes diet was good from 2018 to 2024 I went on meds feb 2024

[goldkingcoiner]

looks like 2 types of nuts/fruit both called chestnut. one stretched longer and a light shade of brown

Agreed.

Now lets move to my initial question which I posted, do they have any effect on controlling blood sugar? Have you tried it for managing diabetes?

Would chestnuts not be mostly slow burning carbohydrates? I am no medical professional but that sounds like a good way to avoid sugar spikes/drops while keeping a consistent blood sugar level.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

Breathe in, Love,Cherish, Smell and Enjoy the Last Hours of 2024.  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

@goldkingcoiner, have my last
BTW we're bouncing off 93k, but the volume is so small that it looks like a fakeout.

Oh, and acorns do suck big time. I'm glad I stocked up on ramen when we were above 100k. Not on eggs, unfortunately...

I was able to even add some green onions at 105k          ... those were the times

Well,
what can WO say?

It will be 95-96 k before new year starts. It should be.
 At the end, Green light

BTC prices have to be higher than $97,260  in order for December to close in the green.

It is not exactly critical^tm, whether December closes in the green or the red.... and the odds are probably in the ballpark of 50/50, and maybe even less than 50% that December closes in the green.

It's getting more likely the auroras will be visible on New Years day with another double flare from two different earth-facing sunspots!

 To give you an idea of the size of these flares, the distance between them is 200,000 miles (321 868 km).

I just did a quickie google look-up and the earth is slightly less than 8,000 miles in diameter, so a 200,000 mile flare gap (or what is it that we are measuring?) would be the diameter of about 25 earths.

I also was prompted to do another quickie google look-up to see that the sun is about 865k miles in diameter, so it would fit slightly more than 108 centipede style earth's across it's diameter.

About 2 weeks ago, my wife said she wanted Bitcoin to drop at the start of the new year, so we pay less taxes. I added that it should go up again after that.
So far, it looks like my wife gets her wish. Now do mine please

Trade her in for a new one.

"We" don't wish for downity in these here parts.

Sure, downity does come from time to time, but still.. not something to wish for.

At minimum, she deserves a spanking.

@alistairmilne
Retail investors selling into a thin holiday market just before the most crypto-friendly US administration ever seen takes over
NGMI
https://x.com/alistairmilne/status/1873753829617144302
So true…….

Paper handed losers……

yep that's why I purchased 3 pieces of corn today

I interpret 3 pieces to be 3 satoshis, even though you seem to be meaning "pieces" in terms of your buy orders being executed, and you seem to be describing them in manual ways.. even though you could also mean that they were pre-set levels instead of ones that you had placed today-ish..... So it seems that perhaps you had bought three times at three different prices during today's price drop, and presumptively as the BTC price was dropping.

I will admit that one of my buy orders executed today in the lower $92ks, so I have my buy orders set in the downity direction with increments of every $3k, and so the next one would not trigger until $89k-ish.  I am trying to remain emotionally neutral in regards to whether they execute or not.. and of course, i would prefer UP as compared with DOWN, yet many of us recognize and appreciate the dee cornz does not just move in one direction, and it is pretty damned close to inevitable that both directions are going to continue to occur, while we can hardly ever figure out which direction is coming next, even when momentum might seem to be in a direction that seems likely to continue.

[psycodad]

Wow, that's quite a cut they take there...

Yep, their greed is increasing. But there's no capital gains tax on top of this, so that's something.

Capital gains are free for individuals here too. The few promille is actually all. Just make sure you have no taxable income (aka normal salary)..

But then again, the Netherlands should be a good place for boating accidents with all the channels and shore  

Lol. The problem with that is selling it later on.

Tell them you found it again with the help of a professional diver..? Don't work there? It should work out here just fine for once 

Nah, I am kidding, but through all the tax experiences shared here in the WO from people from all over the world, I've come to believe I live in a country with one of the best friendliest tax regimes in the world (ofcourse locals are complaining all the time about the greedy gubbermint but they really have no idea how good it is compared to everywhere else).

And it's not only that wealth is taxed incredibly low compared to income (which even it benefits me nicely I find very unjust) - you have actually somebody to talk to on the phone if you need for example, and - low and behold -  that person really tries to help you get your taxes done and not making you a criminal.

Just to make sure I am not campaigning here for that little cheesy slice of granite that I call my country: Everything else here sucks, things are terribly overpriced, country is literally full (in my lifetime population more than doubled) and generally is not remotely the same country where I grew up in.