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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26389148 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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January 24, 2023, 10:01:16 AM


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Tuco Benedicto Pacifico
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January 24, 2023, 10:05:07 AM
Merited by vapourminer (1), JayJuanGee (1), somac. (1)



Swift Ends Cryptocurrency Access to Global Marketplace
https://www.armstrongeconomics.com/world-news/cryptocurrency/swift-ends-cryptocurrency-access-to-global-marketplace/


For real?  Only 100k+ transactions to exchanges are allowed from 1st Feb. ??

No more Bitcoin for the small guy?



Read that, too.
Armstrong didn`t provide any source, which left me kinda sceptical on this particular piece of info.

A quick search did provide some results confirming the issue, though.
Here are the first two search results:

https://cointelegraph.com/news/binance-s-swift-banking-partner-set-to-ban-usd-transfers-below-100k

https://www.analyticsinsight.net/payments-to-swift-have-been-suspended-in-crypto-exchanges/

For now, it seems to be limited to Binance USD-accounts.
So, this is not as universal as you (and I) may take it when reading the headline/blog post.

Hope this is not just the first step, though. 

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January 24, 2023, 11:01:18 AM


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Bisq Market Day - March 20th 2023


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January 24, 2023, 11:45:32 AM

JUST IN☢️: America’s first nuclear-powered Bitcoin mining center to open in Pennsylvania - [World Nuclear News]

THIS IS BULLISH 👀

Source: https://twitter.com/SimplyBitcoinTV/status/1617508852827570178?t=RgfxxUHxenEj7DR7_PFD5Q&s=19
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January 24, 2023, 12:01:21 PM


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January 24, 2023, 12:14:57 PM
Merited by vapourminer (1), xhomerx10 (1), Hueristic (1), HI-TEC99 (1), DdmrDdmr (1), somac. (1), Gachapin (1)

For now, it seems to be limited to Binance USD-accounts.

It applies to whatever exchanges are using Signature Bank as their SWIFT partner, and the move was initiated by the bank and not SWIFT.



So, this is not as universal as you (and I) may take it when reading the headline/blog post.

No, as SWIFT transfers are also handled by other banks. Furthermore:

Quote
Only 0.01% of Binance's monthly users are served by Signature Bank.

Apparently Signature Bank had a $50k min. in place since 2016, and exchanges like Binance traditionally pooled user withdrawals together to make this amount. This is probably be what they will do in the future. So, nothing sinister is actually afoot.

I'm not sure when the last time Armstrong was a credible source for... anything, but it was likely over a decade ago.
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January 24, 2023, 12:42:12 PM

For now, it seems to be limited to Binance USD-accounts.

It applies to whatever exchanges are using Signature Bank as their SWIFT partner, and the move was initiated by the bank and not SWIFT.



So, this is not as universal as you (and I) may take it when reading the headline/blog post.

No, as SWIFT transfers are also handled by other banks. Furthermore:

Quote
Only 0.01% of Binance's monthly users are served by Signature Bank.

Apparently Signature Bank had a $50k min. in place since 2016, and exchanges like Binance traditionally pooled user withdrawals together to make this amount. This is probably be what they will do in the future. So, nothing sinister is actually afoot.

I'm not sure when the last time Armstrong was a credible source for... anything, but it was likely over a decade ago.

thanks for digging...
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January 24, 2023, 01:00:27 PM


haha nice... it's cumming

this is what crypto traders think they're like
https://twitter.com/jomaoppa/status/1487453189829967875
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January 24, 2023, 01:01:18 PM


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fly or die


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January 24, 2023, 01:19:47 PM

I was hearing on a business radio that 5 million US people won't be back to work because of long COVID.

Couldn't find a source for this, but 4 million is being talked about : https://www.brookings.edu/research/new-data-shows-long-covid-is-keeping-as-many-as-4-million-people-out-of-work/#:~:text=to%20a%20friend-,New%20data%20shows%20long%20Covid%20is%20keeping%20as%20many,million%20people%20out%20of%20work&text=Since%20the%20depths%20of%20the,to%20be%20asking%20is%3A%20Why%3F

And 17 million total (just in the US) have reported having long COVID.

I wonder what people arguing we should have done nothing about the pandemic have to say about that.
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January 24, 2023, 01:36:30 PM

I was hearing on a business radio that 5 million US people won't be back to work because of long COVID.

Couldn't find a source for this, but 4 million is being talked about : https://www.brookings.edu/research/new-data-shows-long-covid-is-keeping-as-many-as-4-million-people-out-of-work/#:~:text=to%20a%20friend-,New%20data%20shows%20long%20Covid%20is%20keeping%20as%20many,million%20people%20out%20of%20work&text=Since%20the%20depths%20of%20the,to%20be%20asking%20is%3A%20Why%3F

And 17 million total (just in the US) have reported having long COVID.

I wonder what people arguing we should have done nothing about the pandemic have to say about that.

you can get long covid with "vaccination" as well...  

and the "vaccination" can also cause the same symptoms like long covid...


since we know now that the "vaccines" don't stop transmission I'd say go and get yours if you want, but let the others do their thing...
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January 24, 2023, 01:46:24 PM
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January 24, 2023, 02:01:18 PM


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January 24, 2023, 02:31:49 PM

For now, it seems to be limited to Binance USD-accounts.

It applies to whatever exchanges are using Signature Bank as their SWIFT partner, and the move was initiated by the bank and not SWIFT.



So, this is not as universal as you (and I) may take it when reading the headline/blog post.

No, as SWIFT transfers are also handled by other banks. Furthermore:

Quote
Only 0.01% of Binance's monthly users are served by Signature Bank.

Apparently Signature Bank had a $50k min. in place since 2016, and exchanges like Binance traditionally pooled user withdrawals together to make this amount. This is probably be what they will do in the future. So, nothing sinister is actually afoot.

I'm not sure when the last time Armstrong was a credible source for... anything, but it was likely over a decade ago.


All of the points made by you are correct.
Thanks for elaborating.

Armstrong`s headline and post read like "All retail fiat-crypto flows everywhere will end January 31st. This space will be reserved from now on only for millionaires and even higher tiers".
This is what I wanted to find out about.

I agree with your assessment of his credibility.
But you never know.
Broken clock and stuff....

Sometimes, he does cover interesting stories you won`t find on MSM.
But his endless lectures on ancient coins are particularly exhausting.
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January 24, 2023, 02:55:20 PM

Who else can relate?


https://www.reddit.com/r/Bitcoin/comments/10k3bgi/checking_the_bitcoin_price/
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January 24, 2023, 03:52:35 PM
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Switch to Bitcoin it’s always up and running!!!



https://twitter.com/grdecter/status/1617900607591034881
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https://rivercitypost.com/aliens-to-arrive-on-earth-soon-and-start-a-war-says-time-traveler-from-2714/
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