Is that a daily/weekly/monthly or final limit? $2000 before needing ID is a pretty large sum of money, especially when you can work around that limit by using different ATM's of the same issuer.

Perhaps that the ATM issuer isn't playing by the rules, which is great for those using those ATM's, but might turn out to be a legal nightmare for the issuer. Violating money trasmitter laws isn't something you wan't to be accused of.

I know of a few local ATM's myself, and they aren't that generous unfortunately. The last time I checked you could only purchase €100 worth of Bitcoin without ID, and that's it. You can work around it by using different phone numbers, but the fees just kill this low value 'abuse'.

It's more about the centralized aspect of Liquid. I can spin up a Lightning node and connect to others and start using Lightning without begging anyone for access to the network. In order to get access to Liquid you need to go to a central entity and beg them to sell you LBTC, and hope that you will be able to convert it back to Bitcoin at a later stage.

I can't recall what 'Bitcoiner' it was, but Liquid was advertised as a scaling solution for Bitcoin, which is retarded because that's not the case at all. The point basically was that Bitcoin itself is slow and expensive, but Liquid fixes that problem. Conflict of interest it reeks of.

The narrative keeps changing..... Bitcoin's goal was to end middlemen services, and what are we doing? Yeah, introduce more of them.

That's how he built his following. One would expect people to have enough sense in their brain chamber that they wouldn't fall for the shit he's spewing, but the opposite is true. CSW and his gang are paid large sums of money to attend conferences all over the world. You can't visit a large conference without bumping into him.

In any other industry scammers would be called out and not invited anywhere, but the most retarded industry (crypto) takes things to the very extremes and doesn't give a shit about scammers. Goes to show how filled with scammers this space really is. Scammers surround themselves with other scammers.

Hodlers sit on their chair or sofa staring at the screen all day to see if Bitcoin finally surpassed that $100,000 level. They're hardly buying even though many of them are loudly presenting themselves as "dip buyers". It's just the same nonsense as we have always had. Very retarded bull narrative. I'm confident that most of these "hodlers" don't hold many coins to begin with.

Most of the people wishing for $100,000 only do that because they know that they need such insane valuations to see their holdings grow in value much enough. You won't be getting rich with a few tenths of a whole coin, neither with a whole coin which many can't afford nowadays.

In the end, it doesn't matter how many times we go through these corrections, people even if they have been here for a couple of years never get used to them. They always catch them by surprise.

I wouldn't do that as we are heading down unless you believe that the dumping is over. I was looking to take a spot position into XRP myself, then decided not to until Bitcoin made its next move, which it did, and I'm glad I waited because I would have ended with fewer satoshis instead of more.

I'm more comfortable getting in when there is positive change of behavior, which we had a realistic chance to have, but the market decided otherwise. Currently it's the exact opposite with more bleeding to come for altcoins versus satoshis. The 'altcoin season' people were close to having is put to a halt even though they did have a nice run lately. 

I doubt anybody knew there was a pending ETF request. I didn't know of that ETF myself, nor did I see people talk about it on social media until now after it got rejected.

Also, markets can stay overbought or oversold for prolonged periods of time. People have tried selling into those reads, but most of them fail because of that. If it was easy to short or long those reads and make tons of money, everybody would be doing it, but markets aren't that generous unfortunately.

From the looks, stocks are going to open in the red yet again, so I'm curious to see how that will affect Bitcoin's price today, and more importantly, CME's weekly and monthly close.

It looks like smart investors are actually unloading, and the dumb money buying the dips. I'm preparing for ~$7500 to be met before the halving takes place, which I'll then look into whether or not it's worth buying. Perhaps there might be a shallow bounce in the coming days, but that's perfect to sell into if you want to get out.

Closing below the 200 daily moving average (which we did two days ago) is generally a sign that you should be preparing for more downside, hence the reason I am short as we speak.

On a more positive note, wherever we end up bottoming, that will very likely turn out to be the best recent entry point. It's hard to be macro bearish with the emission of coins getting cut in half in the coming months.

Could also be Kucoin selectively enforcing KYC hoping for people to abandon their accounts with funds in them, especially when the funds left in the accounts are not worth walking yourself through KYC for. This usually is the first signal of a more structural change that their platform will be subject to.

I would definitely exercise caution. The last thing you want is to send them a whole Bitcoin and then find out that you can't do anything with your funds until you are verified. Most exchanges don't warn you when your account is empty, the bastards that they are. They just want to make sure they gain something from you first.

I think the problem is that people expect too much from Yobit. It has been an exchange that didn't ever care about any of their users, nor their reputation that went south as result of their shady actions. I can see why people get upset about this since it's very easy money they are missing out on now, but there isn't much that you can do but to move on.

It's safe to say that their campaign will either be paying like 10-100 satoshis per post, or stop entirely. Even Yobit will come to the conclusion that their forum doesn't stand a chance against any other crypto forum.

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=308793
Current amount of posts (including this one): 13268
Amount of merit EARNED in the last 120 days: 52
SegWit BTC Address for Payouts: bc1qmstu82u22rhf5carza9052skyr8ar83c4f4g3e

I hope he keeps what you told him in mind, but I'm afraid that it won't stick long. Whenever we enter the next parabolic phase, the most trashy coins keep showing consistent gains, week on week, month on month. The same applies to scams promising high payouts, which they will be able to pay to people because there is enough new money coming in.

It's near impossible for those seeking unrealistic ROI to not get involved one way or another, because they want to buy that dream car/house or whatever.

I remember it myself that I recommended people around me to not put money in x/y/z shitcoin because they have no fundamentals, are scams, etc. Explain people why these coins keep pumping while you are preaching the exact opposite. 

No KYC means no access to any of Coinbase's features as said above. Given the fact that OP has conducted transactions (see screenshot) he has walked himself through their KYC procedure already.

That's the most likely reason. However, OP will not find out what caused Coinbase to restrict his account. Coinbase most likely does that to not give their users an edge over their security system, which is lame because you want to be as transparent as possible towards your users so they don't make the same mistake twice, which could result in account termination.

It could also be that they just didn't give a single shit about the crypto space until now. People always seem to come up with the most ridiculous conspiracy theories, but in most cases, things aren't like that at all.

In the end, people should be doing research before using an exchange. Binance's core business model is to operate outside the regulatory field, because that's where most of their profits come from. This is how they became the world's largest exchange by volume and userbase. I don't recall them having done anything else from their .com platform.

Time will tell how their US platform will perform, but I doubt it will challenge Coinbase or Bitstamp in any way.

How so? It's wrong to assume that stolen coins are sold immediately. In fact, when it comes to such large amounts, it could take months, perhaps years before chunks make it to the spot market. I would say it's quite bullish for the market short term speaking because supply has been taken out of the market.

Obviously, thefts are not a good thing because criminals shouldn't be rewarded for their actions, but price wise it's more bullish than bearish.

Despite that, the whales on that platform seem to slowly return as the cold wallet holdings of Bitfinex keep going up steadily, which is contradicting what most people think, that the exchange is going through a mass-exodus. Not the case.

What I'm less keen on is how there are a bunch of high profile Bitcoiners that previously were hating on that exchange, but after Bitfinex's adoption of Lightning they made a 360 shift and are even mild on Tether. That just shows how their incentives are put on the first place rather than warning people for exchanges that don't have a spotless track record.

In the end, whenever there is another bull mania all exchanges will benefit in terms of user onboarding. Bitfinex too. Yobit too. Hitbtc too.

I have seen people do this in the past with stocks. Initially it might go well, but the longer term picture definitely isn't that bright. No matter how much confidence you have in the trend or an asset, markets in general can stay irrational much longer than you can stay solvent, hence the reason I wouldn't dare to borrow anything from a bank for investment/trading purposes.

Bitcoin is so small in terms of market cap and illiquid that you don't have to borrow money to make big gains, you just need some more patience and wait for the next parabolic leg up. Witout borrowed money you can just sit back and not feel any pressure to book gains. It's perhaps not as exciting as trading and whatnot, but at least there is so much less risk you are exposed to.

I think you need to choose different areas at which you place your stop loss then. I haven't run into problems myself where my stop losses are triggered easily. Not using a stop loss isn't a smart thing to do because proper risk management is key in any market, even when you think the market will recover.

Another important aspect of trading is that your opinion is meaningless in markets, all that matters is what the charts tell you, and that's what you should be focusing on. I have seen a lot of people trade their opinion and lose everything in a fairly short period of time.

I let my opinion get the better of me back in 2018 and I paid the price for it. The damage wasn't big, but still, it was a mistake I could have avoided easily by going with the charts instead of my overly bullish opinion.

That requires OP to have coding skills, which I'm confident he doesn't have, else he wouldn't open a topic like this.

I'm certain that OP wants zero-skill requiring tasks such as signature campaigns, which is what Bitcointalk is known for amongst people looking for easy ways to earn money.[1]

[1]
Yobit's Cryptotalk forum campaign (on their forum, not this one) allows people to earn satoshis while posting and the quality standards are very low, thus perhaps an option for OP.

Most people paying for those group's "information" end up losing money because all that's happening is the groups recommending people to buy the coins they already own (i.e. create liquidity to sell into).

People just need to stop forcing themselves into a trade. If you don't know what coin's chart offers interesting and potentially profitable trading oppotunities, then you shouldn't be trading to begin with. Not losing money due to your greed is better than wiping out your entire exchange balance. People always think about what profit they can make, but ignore the part where the losses are a more realistic outcome.

People have taken the defi hype a bit too far it seems. A lot of the applications running on top of Ethereum have nothing to do with defi, but they make it seem like that to surf on the hype and lure in users/capital. Most people are too stupid to do their own research and therefore take everything for granted.

If we zoom out and not react to everything from a 'Bitcoin good altcoin bad' narrative, there are plenty of actual defi applications running on top of Ethereum that are useful. Dexes for example, it's so easy and fast to exchange one token for another on the platform, which is what we all want to see happen on Bitcoin. Ethereum has it already.

Decentralized stablecoins on Ethereum is another one. I like the fact that the ERC20 ecosystem is so diverse yet so interoperable.

My only issue with Ethereum is that it keeps printing coins (no fixed supply). That's a fundamental aspect of that network I can't get over and therefore not own any.