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

[Ibian]

Fuck you idiots who are glad an unstoppable virus is on the loose.

I hope you can stay glad when your family and friends are dying.

Likely to be grandparents or parents.

Watching the holocaust documentary the other day reminded me of the hideous horror of human beings.

Sometimes we don't even deserve to be called human.

In a mob the individual is somehow suspended from responsibility.



Man, I cant end this post cleverly.

 

It's not unstoppable. Any virus can only be so deadly before it burns itself out. More importantly, it was eventually going to happen in any case no matter how anyone feels about it. The more advanced medicine becomes, the deadlier diseases become. We can't stay ahead of the curve forever.

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[HI-TEC99]

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.

There's a thread listing the banks that hate Bitcoin the most. Fortunately there's still a few in it that will do business with bitcoiners.

List of Bitcoin Hostile (and friendly) Banks

[JayJuanGee]

Thx bro, will do. Planning on using this cash very conservatively, only buying and selling, no shorting and longing.

buying = longing
selling = shorting

So?!

Even though technically you are correct, becoin; I believe that he was trying to suggest:

buying = buying without using margin
selling = selling without using margin


longing =  buying with using margin
shorting = selling with using margin

[Ibian]

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.

There's a thread listing the banks that hate Bitcoin the most. Fortunately there's still a few in it that will do business with bitcoiners.

List of Bitcoin Hostile (and friendly) Banks

Unfortunately denmark is not on that list. No wonder, small country. Might be useful if I go shopping for a new country to live in... but it's a tiny list of countries. I'm looking at eastern europe or failing that, south america.

[AlcoHoDL]

There's a thread listing the banks that hate Bitcoin the most. Fortunately there's still a few in it that will do business with bitcoiners.

List of Bitcoin Hostile (and friendly) Banks

Unfortunately denmark is not on that list. No wonder, small country. Might be useful if I go shopping for a new country to live in...

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.

[Ibian]

There's a thread listing the banks that hate Bitcoin the most. Fortunately there's still a few in it that will do business with bitcoiners.

List of Bitcoin Hostile (and friendly) Banks

Unfortunately denmark is not on that list. No wonder, small country. Might be useful if I go shopping for a new country to live in...

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 5% (or whatever it is) commission is worth the anonymity.

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

Ideally, yes. There is a bitcoin atm in bangkok which works perfectly. The only problems are their scarcity (temporary issue) and the relatively poor exchange rate. But the ability to keep my money in my own hands in a secure way makes up for that.

I have been living in asia for a few months now just on cash and bitcoin, and a family visa for backup just in case. I buy plane tickets directly with bitcoin and pay hotels with either cash or the visa (due to better exchange rate, but this is an unneeded luxury). It's quite liberating.

[bitserve]

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....

I will sleep like a baby after Bitcoin surpass ATH

Oh, I should have said *IF* Bitcoin surpass ATH... Too much optimism is not good.

[bitserve]

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.

[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?