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

[JSRAW]

[fillippone]

Ehi!
One of us fellow WOer has just been interviewed!

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

“This is called “Ogliarcy!O...G...L...I...C...H...Ogligarcy!...Something like that!”

Bitcoin fixes that, by the way.

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

 

[VB1001]

Good morning and good luck to all WO friends in the UK, it will be interesting to read your comments in the coming days.

[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.

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.

Yes and no. I did some private trading with other individuals. Which, as you say, is none of their fucking business. All transactions having to do with them was to and from Kraken, which is perfectly legal. And they never actually gave me a reason for why I was kicked. All I have to go by is their actions.

[jbreher]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

I'm not accusing them of anything illegal however since Coinbase acquired Neutrino, now they have the largest on ramp and customer base with chainalysis rolled together. Not only is it a honeypot for leaks, its recreating the same privacy invasive, centralized practices familiar in today's banking. While understanding the merits of such, I prefer to support smaller privacy focused on ramps in efforts to avoid ultimately enslaving the population with an 'all seeing' Gov. Bitcoin.
To answer your question directly, Coinbase is consolidating power to break and prevent privacy in Bitcoin.  #deletecoinbase

So you have no proof that they are using such data to nefarious ends? That's certainly what it appears you are saying.

Your closing statement is topologically identical to 'Google/Amazon/Facebook is consolidating power to break and prevent privacy in all aspects of life'. Which could be a true statement, but I bet there is not one in a hundred persons reading this that does not deal with at least one of those organizations from time to time.

You' are correct, no proofs from me. I'm unable to afford the luxury or patience to await proof so I must rely on intuition, experience and history (Sometimes referred to as logic) If that condemns me to your special snowflake pile, oh well, I guess I'll have to live with that

Nope: here's my reply to P_Shep wherein I used that specific terminology:

So, no offense taken, and no defense presented. Unless you consider trying to nail down wishy-washy accusations to concrete statements of facts as 'defense'. In which case, I'll just put you in the 'special snowflake' pile. Which would make me sad. I've not previously thought of you as such.

Things had gotten out of hand, with my genuine curiosity being presented as it was some sort of defense of nefarious actors - essentially accusing me of malfeasance. My use of the term was a perhaps-too-dramatic way to point out that I did nothing of the sort. Unless I missed it, P_Shep has not responded. Which I take as a sign that s/he realizes the characterization was unfair. Tacitly admitting such, no special pile for P_Shep either.

As a society we've already given our private lives to Facebook, our data to Google and our shopping habits to Amazon.  I'm guilty but unprepared to drive the final nail into the coffin relinquishing our financial privacy simply because I was duped into the previous.
 I'm not sure what point you'd like to make with your closing statement. Are you saying that since we've already given some of our information to these corps, giving the rest shouldn't be a problem? Perhaps until proven otherwise?   

I guess I was just saying that everything comes with some sort of tradeoffs. On the net -- what with no proof of malfeasance on Coinbase's part -- they're still the exchange that I feel best about dealing with. Even more so since the only alternative given in response to my suggestion of others to look into hit a brick wall of data collection right off the bat.

[jbreher]

Do we really want to send them to coinbase? I understood they've been naughty in assisting agressive nutrino chainalyasis/analytic tactics.

Genuinely curious. What _exactly_ do you think they are doing to aid chainalysis? Divulging private customer data?

Yes

Perhaps. Examples would be helpful. Other than that required by law, of course.

[HairyMaclairy]

Let’s see now, off the top of my head:

A history of bad behavior, including admitting that their service providers were selling that data?

Hiring a team that worked for oppressive Middle East regimes to silence dissent?

Holding Bcash lol hostage for three months to pump the price?

A history of insider trading?  

[jbreher]

[rip coinbase pro users]



[insert volitility here, coinbase close gap: $9343]

Coinbase traders fucked over again . Hilarious

Yeah. You'd think they'd at least let us know in advance that the scheduled maintenance was gonna happen.

oh.... wait ...

They did.

[kurious]

I saw may dad wheeled away yesterday, what if that was the last time I saw him?

I hope it isn't, Globb0...  Stay strong.

[Globb0]

I saw may dad wheeled away yesterday, what if that was the last time I saw him?

Make the most of the time you have with him.

Don't be angry and bitter, forgive and forget.

Tell him now what you feel, and how much you love and care for him.

There will be a time when you can't. And it will haunt you for the rest of your life.

Speaking from experience.

Now is already the time I cant. He is in quarantine lockdown.

Its OK it was only an example.


*edit* thanks everyone for kind thoughts. I am waiting patiently like the faithful dog that I am.

[jbreher]

Let’s see now, off the top of my head:

A history of bad behavior, including admitting that their service providers were selling that data?

So they replaced them.

Hiring a team that worked for oppressive Middle East regimes to silence dissent?

And is said team still silencing dissent in the Middle East?

Holding Bcash lol hostage for three months to pump the price?

'Hostage'. You funny. Under the circumstances, waiting for demonstrated value before acking seems reasonable.

A history of insider trading?  

_What_ history of insider trading?

[Gyrsur]

fight is still ongoing. but we have a new AYH (Bitstamp) at $9570.0. weekly close (UTC) is important.


(*) Bitstamp data timeframe 2h


in lower timeframe fight for 61.8% retracement level of the last up swing is ongoing. we will see.


(*) Bitstamp data timeframe 1h


GO BTC GO!

[P_Shep]

an application that allows you to make Lightning payments with your bank account or debit card. Using Strike requires the following: a debit card or bank account. That’s it; no wallet, no node, no channels, no swaps, no liquidity management, no anything.

https://medium.com/@JimmyMow/announcing-strike-by-zap-4f578c7c8984

Bank accounts and debit cards can now speak to nodes all over the world, and nodes all over the world can now speak to bank accounts and debit cards. The possibilities are endless and the sky is the limit.

pretty good




edit https://twitter.com/JackMallers/status/1222941238279708674?s=20

But dat QR code tho.

[Cryptotourist]

Go on BTC, it's Friday, weekend pump is around the corner & it's also the last day of January.
But most importantly, I have a badger to post.

Isn't this beautiful or what:

[P_Shep]

Unless I missed it, P_Shep has not responded.

I really just don't care.

Edit: Apart from annoying you. That shit tickles me.

[Gyrsur]

Go on BTC, it's Friday, weekend pump is around the corner & it's also the last day of January.
But most importantly, I have a badger to post.

Isn't this beautiful or what:

hopefully a lot of January salaries will flow into BTCitcoin.  

[Globb0]

Ehi!
One of us fellow WOer has just been interviewed!

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

“This is called “Ogliarcy!O...G...L...I...C...H...Ogligarcy!...Something like that!”

Bitcoin fixes that, by the way.

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

 

Oh hell yeah, a bitcoin expert, oo the credibility, the exposure here we go. Hmm T shirt is tingling my spidey sense.

Goes on to proclaim on subjects such as alien abduction and Jesus

Groan

[P_Shep]

Ehi!
One of us fellow WOer has just been interviewed!

I'd rather not be associated with that, thanks.

[fillippone]

Ehi!
One of us fellow WOer has just been interviewed!

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

“This is called “Ogliarcy!O...G...L...I...C...H...Ogligarcy!...Something like that!”

Bitcoin fixes that, by the way.

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

Oh hell yeah, a bitcoin expert, oo the credibility, the exposure here we go.

Goes on to proclaim on subjects such as alien abduction and Jesus

Groan

Suspect's List:
Fllippone
Globb0
P_Shep

[Cryptotourist]

hopefully a lot of January salaries will flow into BTCitcoin. 

#

Suspect's List:
Fllippone
Globb0
P_Shep

Cryptotourist

Usual suspect: r0ach