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

[jojo69]

Jimmy Song on with Doug

https://www.youtube.com/watch?v=AtDCzZwa5Qc

[Elwar]

snip ... more people are borrowing to bet BTC ... snip ... people borrowing to bet BTC ....

... I think I may have found the fundamental problem in the risk analysis logic here?

Borrowing to bet on a limited-issuance, near instantly redeemable, bearer instrument is extreme risk-taking by any measures.

Discussing how fast the bamboo and rice paper building will burn when doused in gasoline is fun but kind of misses the point that there are children playing with matches in the crawl space.

None of this is your grandma’s pension fund.  2X is very different from 100X (instant suicide).   And don’t think the big boys don’t play with exotic instruments.  That’s why we had the GFC. 

Trading on margin is like dabbling in alt coins.

[JayJuanGee]

Hey guys and gal:  I have some GDAX issues of what appears to be frozen GDAX trading based on my creating a support ticket, and a slow response from them.  Here's the context of two issues.

Issue 1) Last Monday 2/5, I requested a $500 transfer from my USA bank account (Bank of America) to GDAX, and on Thursday 2/8, I received an email from GDAX saying that my $500 transfer request had been stopped by my bank, and I also noticed that my bank account link had been removed from GDAX. 

Accordingly, I called my bank in an attempt to clarify whether there was a problem on their end.  The BOA support person said that he could not see any transaction on his end, so I decided to make another attempt through GDAX to relink my BOA account, and to request the $500 again. GDAX did not allow me to relink my BOA account (and it appeared that the BOA account had been blocked from being able to be linked, even though it showed up as one of the options of bank accounts available).  I created a GDAX support ticket describing issue 1.

Issue 2) On Thursday 2/8, I received an e-mail from Coinbase (at about the same time as I had received my stopped bank transfer request e-mail from GDAX regarding issue 1, above) saying that a previously hacked GDAX account (from February 2017) that I had been using, but no longer was using, had been denied my bank limit request increase.  I had not made any such a limit request increase for that hacked GDAX account, because I had not been using that hacked GDAX account.  At about the same time that I had sent my Issue 1 support ticket, I sent an e-mail to Coinbase support using the same string of communications from my February 2017 hack communications and asserted that I had not been using such hacked GDAX account, and I had not made any request to increase my limits for that hacked GDAX account.

Additional facts: Within hours of my submitting my GDAX issue 1 support ticket and my issue 2 e-mail to support, trading on my regular GDAX account was disabled, and then a few hours later, I was no longer able to sign into my regular GDAX account, even though I could still sign into Coinbase.   I don't know which of the two issues or if both had caused my disabled GDAX trade and my subsequent cut off from signing into GDAX, but on 2/10, I called GDAX support phone number, and the representative verified that they had a support ticket for issue 1.  She did not verify further what was going on on their end, and said that she could not help me, but instead my problem had to be referred to a GDAX support specialist, which she made such referral to a GDAX support specialist.  Therefore, I have been cut off from GDAX trading and ability to sign in to GDAX for about five days, and it has been nearly 3 days since my phone call to GDAX support was referred to the GDAX support specialist with no communication from them, so far.

Questions:

Currently, I am thinking that I am shit out of luck until the GDAX support specialist communicates back with me, and maybe I won't be able to do much, until a few more days pass, and then I perhaps I can follow up by calling up support again to check on the status.

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?

[rafanadal]

I think this time it's gonna break it.

you jinxed it 

[Torque]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

[Torque]

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?

Sorry to hear that. Unfortunately I can't assist, but I'm curious as to what happened with your original GDAX account? How did it get 'hacked'? Did you have Google 2FA enabled?

[explorer]

via Imgflip Meme Generator

[Trilogy-AI]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

[explorer]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news    So it's kind of a catch-all.

[Trilogy-AI]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news    So it's kind of a catch-all.

Lolz! 

[jtipt]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news    So it's kind of a catch-all.

Lol, are you Trump in a disguise?

[jojo69]

snip of JJG's  GDAX issue

you

you wanted timely support from a crypto exchange?

that's not how it works man

[Neo_Coin]

[Trilogy-AI]

https://i.imgflip.com/24ghqj.jpgvia Imgflip Meme Generator

Jabba the Hutt!

[Neo_Coin]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news    So it's kind of a catch-all.

Lol, are you Trump in a disguise?

[explorer]

via Imgflip Meme Generator

Jabba the Hutt!

He got so many food stains on his suit that he donated it to the circus.  They made 2 new tents.

[JayJuanGee]

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?

Sorry to hear that. Unfortunately I can't assist, but I'm curious as to what happened with your original GDAX account? How did it get 'hacked'? Did you have Google 2FA enabled?

I don't want to talk too much about my own specific security measures; however, in early 2017, I had several accounts bitcoin accounts hacked into due to a forced phone porting and simultaneous taking over of a couple of my e-mail accounts.., which did not have Google authenticator at the time, but used 2 factor sms.   So, the attack was well coordinated and seemed to have involved a team based on how many things were occurring simultaneously and how many activities that they were able to take over... including multiple logging into accounts from different locations and  I have taken additional security measures regarding that in terms of the forced phone porting issue, and increasing the security of my e-mail accounts and even my bitcoin accounts.

[nanobtc]

JJG, you sure are are having bad luck with exchanges. Was it your account that brought down Gox? (joking).

[mymenace]

Next to economic/financial and sovereign debt crises, this could be one the biggest that humankind will ever face:

Infocalypse
https://www.buzzfeed.com/charliewarzel/the-terrifying-future-of-fake-news?utm_term=.etJgQxmXw#.xmbJAaWMy

Um, first of all: what does this have to do with Bitcoin Price Speculation?

And secondly, how could Fake News possibly the "biggest threat humankind will ever face"?  How about global warming, nuclear war, or over population / famine, just to name a few?

Well, for starters, global warming and overpopulation are fake news    So it's kind of a catch-all.

I like the one where they say we are running out of water (then the article goes on to say fresh water)




Or the one where female circumcision is mutilation but male circumcision is healthy


I like how after 50 years and more of research no cure has been found, for anything, with all the f$%kin charitable research around (only vaccines, weird)

etc, etc , etc

wait, wait this ones good

we need to reduce carbon, we can tax it, yet we destroy more trees and pollute more water, the actual thing that creates air



Famine- this is another good one
End Last year western charities, newspapers and government were concerned for the famine and disease in "YEMEN"
The very f$%kin country they are helping the saudis to blow up....

[JayJuanGee]

snip of JJG's  GDAX issue

you

you wanted timely support from a crypto exchange?

that's not how it works man

Sounds like you are preaching something, oh wise Jojo.   

Let me 'splain this to you, you patronizing fuck. 

I am just describing something bitcoin related, which does not really have much to do with your attempted "what I want" recharacterization, except for the fact that I mentioned if anyone might know about some additional actions that I could take to expedite or to share their information, and this would be an attempt at brainstorming to the extent that anyone is interested in such a circumstances. 

I have already learned a long fucking time ago regarding dealing with a variety of financial institutions that delays can happen and shit can happen too, and also that you don't want to put all your eggs in one basket in order to become desperate or panic because of some things that are out of your control...   anything involving 3rd parties can include giving up some control.

 So, yeah, I am already taking measures to deal with my lack of access to my GDAX account.... and I understand that I could be out of access to that GDAX account for a couple more weeks... especially when there is a lot of growing pains out there in the crypto space regarding demands on support.  Actually, in this case, I was surprised about the availability of a support phone number, because I think that the last time that I had an issue, last year, there was not a support phone line.

TLDR: I've been locked out of bitcoin accounts and other accounts before, so I am not new to the inconveniences of account lock outs rodeo.