Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
STT
on 09/07/2017, 17:01:29 UTC
oh vey! really? no taxes?
 Cheesy

I recently asked the IRS if I could pay taxes in Bitcoin. They said unfortunately no, taxes need to be paid in US currency as that is the reason for US currency to exist.

That is a sovereign citizen type action which is impossible but apparently a 'thing'    I have heard of people wanting to declare an entire state free, I dont see it happening though buts its more feasible.   Puerto Rico just had a vote in favour of becoming a state I think, people still ignoring USA debts and dollar is strong relatively till that breaks.   A much weaker dollar would be extremely bullish for bitcoin price, not yet apparent

Anyway the price for bitcoin is neutral I think, above 2500 as support but below a positive trend that might have price resume upwards medium term.

On Kraken I think its in a triangle kind of reducing range which we then expect to breakout.   It has higher lows but is also a pattern of lower highs