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Good info, but not really relevant as I am sure all my regular payment information is already widely available within the financial system.
I use credit cards, so if someone wants to see what I spend on, they already can.
Regarding my crypto dealings all this does is to inform someone that i sent a few deposits to coinbase and gemini. Not very important.
In other words, everything that you described is already there via gazillion of info aggregators that are plugged in into the financial system.
But, thanks for reminding me one more time how much under the microscope we all are.
Ever wonder , how come after mentioning "vacuum cleaner" in your text or on a Facebook page, suddenly you are bombarded with vacuum cleaners everywhere, even on btctalk?
Do I like it? Not in the slightest, but learned to mostly ignore it.
Well it's one thing for financials institutions to have your transaction history and it's another when marketers do. Plus i'm not sure if it's a one time thing or they continue pulling/monitoring your transactions indefinitely? Then when those databases leak online and we can see all of your transactions history for past X years you can't bitch at anyone because you gave away your creds yourself. You buy one green dildo online and then the forum is littered with green dildos?Privacy takes effort, you either go with the flow with the path of least resistance, or you use tor, private/incognito modes and drop facebook etc... |
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to whom it may concern
yes yall have finally shamed me into finishing setting up the gemini account i started years ago... What KYC do they want? Is it passport, bank statement and utility bill scans? started a few years ago (in 2017) so dont remember much. (then) they wanted password access to my the back account i wanted to link to (!!WTF!!) which stopped me dead in me tracks till i could give them an account i wound up making specifically for them and let them have that. FECKING PASSWORD ACCESS TO YOUR BANK ACCOUNT? Is that even legal? I bet most banks have a clause in their terms and conditions forbidding disclosure of your password to anyone. I also remember something like this (also in 2017 or so), which was unusual. I wrote to them asking, basically, wtf? The answer was that you enter the password on a special bank site, not on the Gemini site (all banks are integrated there) and the session is not recorded (right!!). It is probably similar to how you can prove that the btc account is yours by signing a message. Basically, they see that you were able to login, but they don't see the password as you login into your bank, essentially (or so they claim). I think all they get from the session is the record that you were able to login into the account you claim to be the owner of. The explanation was that this gives them confidence that the bank account is actually yours and you can control it. I did it, but then had to wait at least 3 weeks for approval. The only reason I initiated it in the first place was because at that time they had no limits (at least no discernible limits) on withdrawals and you can trade immediately after you initiate the deposit, which Coinbase did not have at the time. Well you think wrong, care to try again? Don't think/trust, verify. Information we collect from your financial accounts. The information we receive from the financial product and service providers that maintain your financial accounts varies depending on the specific Plaid services developers use to power their applications, as well as the information made available by those providers. But, in general, we collect the following types of identifiers, commercial information, and other personal information from your financial product and service providers:
Account information, including financial institution name, account name, account type, account ownership, branch number, IBAN, BIC, and account and routing number;
Information about an account balance, including current and available balance;
Information about credit accounts, including due dates, balances owed, payment amounts and dates, transaction history, credit limit, repayment status, and interest rate;
Information about loan accounts, including due dates, repayment status, balances, payment amounts and dates, interest rate, guarantor, loan type, payment plan, and terms;
Information about investment accounts, including transaction information, type of asset, identifying details about the asset, quantity, price, fees, and cost basis;
Identifiers and information about the account owner(s), including name, email address, phone number, date of birth, and address information;
Information about account transactions, including amount, date, payee, type, quantity, price, location, involved securities, and a description of the transaction; and
Professional information, including information about your employer, in limited cases where you’ve connected your payroll accounts.
The data collected from your financial accounts includes information from all your accounts (e.g., checking, savings, and credit card) accessible through a single set of account credentials.
Information we receive from your devices. When you use your device to connect to our services through a developer’s application, we receive identifiers and electronic network activity information about that device, including IP address, hardware model, operating system, which features within our services you access, and other technical information about the device. We also use cookies or similar tracking technologies to collect usage statistics and to help us provide and improve our services. You can find more information about how we use cookies and your related choices in our Cookie Policy.
Information we receive about you from other sources. We also receive identifiers and commercial information about you directly from the relevant developer or other third parties, including our service providers, bank partners, and identity verification services. For example, developers may provide information such as your full name, email address, phone number, or information about your financial accounts and account transactions.
Inferences we derive from the data we collect. We may use the information we collect about you to derive inferences. For example, we may infer your location or your projected income based on the information we have collected about you from other sources. https://plaid.com/legal/#information-we-collect-and-categories-of-sourcesThough bitcoiners are not supposed to be so naïve, now you have to burn that account, then step away from your computer, pour gasoline all over it and set it on fire too! |
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to whom it may concern
yes yall have finally shamed me into finishing setting up the gemini account i started years ago... What KYC do they want? Is it passport, bank statement and utility bill scans? started a few years ago (in 2017) so dont remember much. (then) they wanted password access to my the back account i wanted to link to (!!WTF!!) which stopped me dead in me tracks till i could give them an account i wound up making specifically for them and let them have that. FECKING PASSWORD ACCESS TO YOUR BANK ACCOUNT? Is that even legal? I bet most banks have a clause in their terms and conditions forbidding disclosure of your password to anyone. You'd have to be an idiot to give third party your bank login/password, but If you are unable to link your bank account via Plaid or prefer not using your online banking credentials to register your bank account, please exit the screen and navigate to Manually link bank and input your wire information. Once your bank account information is set up, you can complete the bank verification process with a successful wire deposit into your account. https://support.gemini.com/hc/en-us/articles/115004691043-How-do-I-fund-my-Gemini-Account-or go the hardway and create a burner bank account like vapourminer |
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Do you know who earns 31 Bitcoins per day? Grayscale.  Fucking unbelievable. They now own more than 3% of the total bitcoin supply. Fucking unbelievable. They sell their Bitcoin at 24,000 USD each. Fucking unbelievable. Food for thought, in 24years they'll make more BTC in fees than is mined |
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OT: Another idiot soon to be indicted for shitcoin securities fraud.  https://www.coindesk.com/rapper-lil-yachty-sells-out-social-token-in-21-minutes"According to the Fyooz app, the sale brought in $276,006. Owning $YACHTY gives fans exclusive access to the Grammy-nominated artist, including surprise boxes prepared by his mom, Venita McCollum, author of the book “Raising a Rapper.”
Token owners can also receive personal items from the rapper’s career and participate in online parties with him, according to Fyooz. "
Have these people learned nothing from the ICO debacle? When jail, bro? Tomorrow's news, Lil Yachty had a big boat accident. |
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Read from all sources, it's always good. CoinTelegraph is not saying it, they are quoting someone else as saying it. If anything, the basic fundamentals of bitcoin that we all know can not be changed without consensus. That implies, some certain parameters will never change, such as the halving and money supply, the 10 minute block times, etc. Addresses may change, new scripts may get added, but the core rules will never change no matter what. There is not enough money at this point (and for maybe awhile now) to try and change it. CZ once mentioned a roll back, and we know that can not be done either. A re-org maybe, but not a roll back to more than a few hours ago. If you're set for life like Bob or some others, looking into your corns once a year and keeping updated about all the new stuff that's happening may be all you need to do. It's like an annual rebalancing of your portfolio. Wow new wave of FUD incoming... lifting 21m coins limit, US banning private wallets cmon bears you can do better! What about China bans BTC? That one should work it always did...  If they could do better then they would be doing it already, the fact that is what they are using shows how weak their position really is, lifting the 21 million coin limit is never going to happen and anyone seriously proposing that will be laughed out of the room, if anything I am seriously questioning myself whether I should ever read anything from cointelegraph ever again. It's still possible to propose fundamental rule changes, but in any case would result in a fork |
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But at the same time the dude GETS bitcoin.
Clearly he does not. He just called censorship-resistance and privacy "bad ideas." And he is right about the bit with trusted layer two like Square. And lightning is a hobbyist platform today. Square/CashApp is an actual working product people use. And before you sling at me too hard... I run 2 lighting nodes.
He's wrong about LN as it is not a competitor of PayPal and Square! It was not developed for that purpose, and its not a centralized entity, much less a corporation. His comparison of LN with the other two is farcical at best and reflects an extremely poor understanding of bitcoin at worst. Were just gonna disagree on this one. I see some 3D chess. I think there is 0% chance he gets why bitcoin is a good place to park a billion dollars, but does not realize censorship resistance is a key reason. In fact he's made that exact argument several times. So why, then, would he say the thing he said? Occam's razor. It's not even really 3D or Chess... It's checkers really. The Michael Saylor quote is being taken out of context. He's arguing that bitcoin needs to be portrayed differently to bring in more of the traditional Wall Street bankers. That is even simpler than checkers... Bitcoin does not care any more about our cypherpunk ideals or dreams of citadels, than it does Peter Schiff's hatred of it, or Michael Saylor's mainstream coddling. Every kind of person can use it. And everyone that stands in it's way will be destroyed. Watch what he does, not what he says |
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What's up with Coinbase ...again?
Wait that's the company that's in the Facebook Libra/Diem Association right? No one knows, seems like you're the only one still using them. * Mandatory coinbase user reference |
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Citybank said a $300k coin next year. Jokers...  Citigroup has 204,000 employees. Not really surprising that different parts of the business have differing views on related topics - the $300k bitcoin proposition came from their FX business (so looking at it from a currency perspective and was almost certainly being deliberately provocative); the assessment of Micro Strategy is from Equity research (looking at the future for the Micro Strategy business). Expecting everyone at Citi to have exactly the same perspective is like expecting bitcointalk to only have one view on bitcoin ... Even setting aside the size of the organisation and the different business views, one can be both positive about an asset AND believe someone is over-exposed to that asset at the same time. Then where's the value in their views? Selective memory for a fortune teller? As long as you have 2 divisions they can always issue opposing "views" and you only "remember"/talk about the correct one win/win situation The two views are about totally different things: the first is about the potential of Bitcoin as a currency; the second about their view of Microstrategy and their business. Even if they believe consistently that Bitcoin will increase in value in the medium term (12 months say) they may also believe that Microstrategy are diverting funds in the short term (ie now) at the cost of investing elsewhere and that may have an adversely impact on their business. I should say I don’t know specifically what the rationale underpinning their views actually is I am simply showing how I think it possible for an organisation to hold both views and still be consistent. I’d also say that in any case I think your expectation of absolute consistency across such an organisation is probably unrealistic, but not because of any carefully thought through malice and simply because they are so large with such differing business drivers across different divisions that they have naturally different views. Isn't that the whole point of the CEO, to consolidate and provide consistent message across different possibly competing divisions? But why do it when you can use it to your advantage Bitcoin moons - remind people how our division predicted $300k/ BTCBitcoin tanks - remind people how we correctly downgraded Micro Strategy because of their exposure to BTCwhy take a single corporate stand when you can cover both cases at once |
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Citybank said a $300k coin next year. Jokers... Citigroup has 204,000 employees. Not really surprising that different parts of the business have differing views on related topics - the $300k bitcoin proposition came from their FX business (so looking at it from a currency perspective and was almost certainly being deliberately provocative); the assessment of Micro Strategy is from Equity research (looking at the future for the Micro Strategy business). Expecting everyone at Citi to have exactly the same perspective is like expecting bitcointalk to only have one view on bitcoin ... Even setting aside the size of the organisation and the different business views, one can be both positive about an asset AND believe someone is over-exposed to that asset at the same time. Then where's the value in their views? Selective memory for a fortune teller? As long as you have 2 divisions they can always issue opposing "views" and you only "remember"/talk about the correct one win/win situation |
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Eshed insists that Trump is aware of them, and that he was "on the verge" of disclosing their existence. However, the Galactic Federation reportedly stopped him from doing so, saying they wished to prevent mass hysteria since they felt humanity needed to "evolve and reach a stage where we will... understand what space and spaceships are," Yediot Aharonot reported. Ha and all this time people thought that Trump was controlled by Putin when in reality it was...  And they're some really dumb aliens too, thinking Trump can handle something that humanity cannot |
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 Hmmm |
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*MICROSTRATEGY TO OFFER $400M OF CONV SR NOTES
Buying even more bitcoin https://twitter.com/zerohedge/status/1336053186482802688More info here: https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoinMicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes sale that will fund yet more bitcoin allocations. MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).
MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60 million aggregate principal amount of the notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.
The notes will be unsecured, senior obligations of MicroStrategy and will bear interest payable semi-annually in arrears on June 15 and December 15o f each year, beginning on June 15, 2021. The notes will mature on December 15, 2025, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after December 20, 2023, MicroStrategy may redeem for cash all or a portion of the notes.
The notes will be convertible into cash, shares of MicroStrategy’s class A common stock, or a combination of cash and shares of MicroStrategy’s class A common stock, at MicroStrategy’s election. Prior to June 15, 2025, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date. The interest rate, conversion rate, conversion price and certain other terms of the notes will be determined at the time of pricing of the offering.
MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes. The notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act.
The offer and sale of the notes and the shares of MicroStrategy’s class A common stock issuable upon conversion of the notes, if any, have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes and any such shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Any offer of the notes will be made only by means of a private offering memorandum https://www.scribd.com/document/487279935/MicroStrategy-Convertible-Senior-Notes-sale$400MM @ $20k/ BTC is 20.000 BTC. At 900 BTC mined per day that's 22days just for MicroStrategy |
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Sub 20k is the new cheap coinz.
Bargain Boyz are almost done loading up their trucks.
true...Barry's boyz are steadily buying at 'any price'. Over year they've been single-handedly accumulating more than what's mined. That's sustainable right? right  |
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Looks like you won, but unfortunately for you looks like you bet with a "member" troll which probably won't pay. From his profile If I am banned, please check sig (bet with LFC). In case I am banned on 01/01/2022, this is my Bitcoin address for the bet payment:
1uoLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO
Thanks LFC I really appreciate! You fought well. All the best to you! https://bitcointalk.org/index.php?action=profile;u=2525660Edit: Gyrsur got to it before me |
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It's one thing to play by the rules and report to IRS which is required, but it's a different ball game to actively sell tracking software to governments, why are you funding this again?
Use gemini at least the Winterfloss twins are pro bitcoin
im still there simply because of how long ive used it (in 2013 there wasnt much to choose from that was legit in the eyes of the land of the free) and ive run life changing amounts through them with zero issues. only exchange i havent had issues with tbh and ive used a few. them buying up that spy software company that got that guy killed still pisses me off of course. "they didnt know" yeah bullshit. "firing" some people certainly wasnt enough and we now know with absolute certainty what their true colors are. i always expected coinbase to rat out everyone at some point so when i happened it didnt really matter much (to me). id been paying taxes on corn long before they pulled that 1099 crap. anyway poor excuse i know but there it is. at some point i wouldnt at all be surprised to see gemini have a few skeletons fall out of their closet. hopefully they keep the high road. i did make an account at gemini a few years ago but when they wanted a wire transfer to initially set it up.. i wasnt gonna drive 20 minutes to the bank when i already had a working exchange that i knew worked fine, warts and all. eventually ill finish setting up gemini (need to contact support as the 2fa i have on record doesnt work any more). looking forward to more kyc and hoops to jump through. yay as one may of noticed im lazy af Sure there are many shades of grey, but somehow when given an option, coinbase consistently tries to side with the anti bitcoin camp. Laziness might work out for you, but not a good reason to actively recommend it to others. |
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I'm worried about my local banks more actually. As a transation of ~$10k USD/EUR raises a huge red flag for almost any bank. Get ready for the questions they're going to ask. Although I have heard that UK banks are somewhat more tolerant (or simply have higher red flag limits?).
10k USD definitely raises flags at banks in the USA. so i actually try to keep withdrawals to exactly 10k or more. i dont want to be accused of trying to slide under that.. forget what the term is (laddering? but that doesnt sound right) but its a red flag thing for sure. and my bank never blinked an eye at my amounts for years. i did get a call from my banks due diligence dept in the last few months asking what i used coinbase for and if i sent anything from coinbase out of the country (investment and no were the answers). Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business) https://www.irs.gov/irm/part4/irm_04-026-013 |
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..... coinbase as ive used it since 2013 or so.
....
Same here bro. Only bitcoin outfit I have ever dealt with that has never once been hacked or I've ever had a single issue with in my seven years in the crypto currency theater( and I've had a lot of them. ) .... be aware it gets a lot of hate for reasons but it works.
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A lot of Coinbase hate in the wob thread ?? Say it it ain't so!!! lmao ...  Coinbase Offers US Feds New Crypto Surveillance Tools https://www.coindesk.com/coinbase-analytics-blockchain-analysis-crypto-governmentIt's one thing to play by the rules and report to IRS which is required, but it's a different ball game to actively sell tracking software to governments, why are you funding this again? Use gemini at least the Winterfloss twins are pro bitcoin I remember I checked it and Gemini had huge fees... so what else can you suggest if not Coinbase? Kraken? Binance? Ol good Bitstamp? Cashout time is getting closer HODLers need to be ready...  perhaps OTC is the way to go? Open gemini ActiveTrader account initial taker fees are 0.35% https://www.gemini.com/fees/activetrader-fee-schedule#section-active-trader-fee-scheduleof course bisq is also an option https://bisq.network/ |
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..... coinbase as ive used it since 2013 or so.
....
Same here bro. Only bitcoin outfit I have ever dealt with that has never once been hacked or I've ever had a single issue with in my seven years in the crypto currency theater( and I've had a lot of them. ) .... be aware it gets a lot of hate for reasons but it works.
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A lot of Coinbase hate in the wob thread ?? Say it it ain't so!!! lmao ... Coinbase Offers US Feds New Crypto Surveillance Tools https://www.coindesk.com/coinbase-analytics-blockchain-analysis-crypto-governmentIt's one thing to play by the rules and report to IRS which is required, but it's a different ball game to actively sell tracking software to governments, why are you funding this again? Use gemini at least the Winterfloss twins are pro bitcoin |
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I will if wrong. 
