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

[bitcoinPsycho]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

What a legend 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LoyceV]

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

Here are the USA nontaxable gift limitations through the past 45-ish years.

Here, the tax-free gift amount is €2690 per person per year. But if you receive it from someone abroad, there is no limit and you don't need to report it to taxes!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

so, basically we will be able to gift whole cornz again later this year?

buy the dip lol?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

so, basically we will be able to gift whole cornz again later this year?

buy the dip lol?

 If anyone wants to continue gifting whole coins, there is no tax on gifts nor limits here in Canada.   

[LoyceV]

If anyone wants to continue gifting whole coins, there is no tax on gifts nor limits here in Canada.   

I'd even be willing to pay the tax on receiving whole coins

[d_eddie]

Every move up is preceded by a few ants dumping. This smells like intimidation. Let us not be scared.

[LoyceV]

Every move up is preceded by a few ants dumping.

The way I look at Bitcoin, it's dropping most of the time. If I'd have accurate historic data I'd do the math, but if I'd have to take a guess, it feels like it's dropping 90% of the time. But when it goes up, it goes up much faster than it went down.

Visualized:
down down down down down down down down down UP down down down down down down down down down UP down down down down down down ............

[Hottiek]

From 2014 almost up till the 2017 run-up, I offered to give one BTC to any one of my friends who bought one themselves and promised to hold it for 5 years, and not a single one of them took me up on my offer. I would stand up at the weekly open mic night and not do comedy but try and orange-pill others... not a single one listened.

 I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K

[Richy_T]

Here, the tax-free gift amount is €2690 per person per year. But if you receive it from someone abroad, there is no limit and you don't need to report it to taxes!

Oh, that has to be convenient for, uh, politicians.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LoyceV]

Here, the tax-free gift amount is €2690 per person per year. But if you receive it from someone abroad, there is no limit and you don't need to report it to taxes!

Oh, that has to be convenient for, uh, politicians.

Well, they don't create laws like that to help peasants

[d_eddie]

Every move up is preceded by a few ants dumping.

The way I look at Bitcoin, it's dropping most of the time.
Visualized:
down down down down down down down down down UP down down down down

I agree and I've got the same feeling. But I was referring to lower time and number scales, in particular recently. It looks something like

(usual down down UP down down down) down Down UP UP (usual down down UP down down down)

And it feels like bears shaking a tree with a honeycomb on it.

[Lucius]

From 2014 almost up till the 2017 run-up, I offered to give one BTC to any one of my friends who bought one themselves and promised to hold it for 5 years, and not a single one of them took me up on my offer. I would stand up at the weekly open mic night and not do comedy but try and orange-pill others... not a single one listened.

 I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K

I didn't offer anything to anyone like you, but by the way I advised some friends that it would be smart to invest a few hundred $ in BTC, but I have the same experience as you that no one listened to me. To make matters worse, one of them bought it anyway, kept it in a hot wallet on the computer where his children were playing, and one day it all disappeared. He ended up blaming me and being so annoying that I made up for his loss.

The lesson I learned is that you shouldn't stick your nose where it doesn't belong, and this especially applies to everything related to finances - everyone should do whatever they want with their money.

[Hottiek]

From 2014 almost up till the 2017 run-up, I offered to give one BTC to any one of my friends who bought one themselves and promised to hold it for 5 years, and not a single one of them took me up on my offer. I would stand up at the weekly open mic night and not do comedy but try and orange-pill others... not a single one listened.

 I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K

I didn't offer anything to anyone like you, but by the way I advised some friends that it would be smart to invest a few hundred $ in BTC, but I have the same experience as you that no one listened to me. To make matters worse, one of them bought it anyway, kept it in a hot wallet on the computer where his children were playing, and one day it all disappeared. He ended up blaming me and being so annoying that I made up for his loss.

The lesson I learned is that you shouldn't stick your nose where it doesn't belong, and this especially applies to everything related to finances - everyone should do whatever they want with their money.

Yeah, I have transitioned from orange pilling people to just realizing that they will never get it. They have been brainwashed into their beliefs to acquire more corn syrup and diabetes rather than these cornz we all luv!

[Hueristic]

Here, the tax-free gift amount is €2690 per person per year. But if you receive it from someone abroad, there is no limit and you don't need to report it to taxes!

Oh, that has to be convenient for, uh, politicians.

Don't forget Judges.

[Gachapin]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

so, basically we will be able to gift whole cornz again later this year?

buy the dip lol?

 If anyone wants to continue gifting whole coins, there is no tax on gifts nor limits here in Canada.   

nice try