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

[vapourminer]

My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that.

Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful.

my bank has no issues with coinbase. yes i use coinbase, since 2013. never had any issues at all. the amounts ive moved have surely caught the banks attention as any individual transfers over 10,000 USD get flagged. and i dont try to hide them (called layering? i forget. theres a term when avoiding hitting the 10k limit, like 9700, 8500 etc). so i do 10k on the dot chunks.

[JayJuanGee]

Well, talked to the bank today about "selling the house for bitcoin", or to be more precise to take out a second mortgage, restructure my debts and "get some liquidity" as they put it. Good talk, and it's all settled. I'll be paying a llittle less each month, will have a substantial amount to invest in btc put in my account, and will also have a fixed interest rate for 20 years. Good times.

Of course they asked about what I wanted to the with "the liquidity", so i said I was looking to have some cash ready for when this whole cardhouse comes tumbling down, and invest in btc. That was a good enough explanation for them.

Nice bank. Crazy system. 1.7%.

My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that.

Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful.

They didn't kick you "simply for having" Bitcoins, which is surely not their fucking business.

You were using *THEIR* (lol) bank account to run something similar to an unlicensed money exchange business... without even being a business. And continued doing so after they warned you.

You were lucky they didn't report you lol

"Banking" FIAT (and even cash in some instances) has strict rules on what you can and what you can't do. If you are gonna use, at least try to not mix it with REAL MONEY or they will get angry and suspicious about you.

hahahahaha

Don't let inconvenient facts get in the way of Ibian's little fiction...

[btcbeliever]

Let's put up a new poll of when we think Bitcoin is going to hit $10,000.

[bitserve]

My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that.

Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful.

my bank has no issues with coinbase. yes i use coinbase, since 2013. never had any issues at all. the amounts ive moved have surely caught the banks attention as any individual transfers over 10,000 USD get flagged. and i dont try to hide them (called layering? i forget. theres a term when avoiding hitting the 10k limit, like 9700, 8500 etc). so i do 10k on the dot chunks.

It's called smurfing/structuring.

Yeah, be very careful not to do it, as that adds even more risk for being tagged and reported. Multiple periodic under-the-limit (whatever it is in your country) transfers would rise all the flags.

Also, it is completely different to send/receive money from a "well-known" exchange (which most banks should have no issue with)... than to make multiple "undocumented" CASH deposits into the bank account and/or make/receive bank transfers to unknown individuals.

[HI-TEC99]

Unfortunately I am unable to sleep for several months in a row. Sometimes I would like I were able though

ludes

Hmmm, never tried... Anyway, probably would not mix well with my levels of alcohol consumption....

The wolf of Wall Street says you can't even buy them anymore.

[Syke]

Or don't use a bank at all. Do it the Jimbo way. Bitcoin ATM, wallet sweep, cash in hand. No names, no IDs, no records. The anonymity is worth the 5% (or whatever it is) commission.

Unless you're talking large sums, in which case you need to be extra careful.

I too have moved to mostly cash. I can even order stuff online with COD delivery and pay cash when it arrives.

[El duderino_]

The market cap of just one bank, Wells Fargo (not even the biggest in the US) is larger than the market cap of Bitcoin

This is how early we are

1 of the 100s of companies that make up the financial system of the past is worth more than the financial system of the future itself

https://twitter.com/misir_mahmudov/status/1222995782611218439?s=21

We the early birds

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/cryptobull/status/1223023683675049985?s=21

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

"Governments don't understand it. That's just how Satoshi planned it... Satoshi Nakamoto a real life superhero." - The Gift of Satoshi

https://twitter.com/bitcoin/status/1222916411971948545?s=21

^video 

[zenstrive]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

[bitserve]

Dude, you are completely out of your usual timeframe... Still in Brasil I guess?

[bitserve]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

Maybe. Even most probably. But... will you be able to hodl for 15 years? It's not as easy as it seems.

[El duderino_]

Dude, you are completely out of your usual timeframe... Still in Brasil I guess?

Laying down on Ilha grande as one of the HATwearers recommended me

[El duderino_]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

We all need things in life.... only depend on what you know for sure, don’t depend on what you consider a risk.....

In this thread we are veteran hardcore BTC’ers, read a few pages and you will know our point of view
Read first do a bit of research then ask questions, knowledge asks a bit of effort in front, don’t just fall in the house with an I need to know question

Cheers 

[El duderino_]

^
Beer and wine mix are writing

[JayJuanGee]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

Strange statement.  Probably you need to explain yourself a little better.

All kinds of shit can happen in 15 years, so if you are focused only on one thing, you got ur lil selfie some troubles... such as aspergers.

There are no guarantees in this baby BTC world.

Have you been looking at the various BTC price prediction models?  Have you been figuring out your finances for a variety of scenarios?

if you know anything about BTC, and you are getting into it now, then you better have a plan for if it does go to $75k and also a lot of other variants, including if it doesn't.

[bitserve]

Dude, you are completely out of your usual timeframe... Still in Brasil I guess?

Laying down on Ilha grande as one of the HATwearers recommended me

Wow, I just did a google image search... Impressive scenes. Such water, much wow!

Enjoy!

[AlcoHoDL]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

Yes.

[JayJuanGee]

I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?

We all need things in life.... only depend on what you know for sure, don’t depend on what you consider a risk.....

In this thread we are veteran hardcore BTC’ers, read a few pages and you will know our point of view
Read first do a bit of research then ask questions, knowledge asks a bit of effort in front, don’t just fall in the house with an I need to know question

Cheers  

WOW...The dude is getting wise beyond his years... for some strange reason...

Who would a thunk?

I spotted a pic of his travel companion.  Sorry regarding your opsec: