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

[DaRude]

..... coinbase as ive used it since 2013 or so.
....

Same here bro.
Only bitcoin outfit I have ever dealt with that has never once been hacked or I've ever had a single issue with in my seven years
in the crypto currency theater( and I've had a lot of them. )

.... be aware it gets a lot of hate for reasons but it works.

....

A lot of Coinbase hate in the wob thread ?? 
Say it it ain't so!!!  lmao


...

Coinbase Offers US Feds New Crypto Surveillance Tools

https://www.coindesk.com/coinbase-analytics-blockchain-analysis-crypto-government

It's one thing to play by the rules and report to IRS which is required, but it's a different ball game to actively sell tracking software to governments, why are you funding this again?

Use gemini at least the Winterfloss twins are pro bitcoin

I remember I checked it and Gemini had huge fees... so what else can you suggest if not Coinbase? Kraken? Binance? Ol good Bitstamp? Cashout time is getting closer HODLers need to be ready...  perhaps OTC is the way to go? 

Open gemini ActiveTrader account initial taker fees are 0.35%
https://www.gemini.com/fees/activetrader-fee-schedule#section-active-trader-fee-schedule

of course bisq is also an option https://bisq.network/

[Bergluft]

 Any advice on what exchange to use from the USA?  Asking for a backwards, techless  Ozark hick    funding/withdrawal options other than wire transfer?  I thought Kraken would be good, but apparently its easier to use from the North Pole than from within US.  

no advice per se but ill give a quick rundown on coinbase as ive used it since 2013 or so. be aware it gets a lot of hate for reasons but it works.

cons:

KYC to the max
they will track the shit outta you.
cant send or receive from any gambling site (pretty sure).
will sell all info they can get on you and your corn to whoever wants it.
site always seems to have "issues" when things get hot and interesting.
thoughtfully sends the IRS a 1099 form in case you forget

pros:

takes yubikey as 2fa
whitelisted withdrawal addys
a vault that time delays coins moving (optional)
links to bank account, and i think debit cards but not sure on that never used debit card there

Coinbase is good for cash outs.

Always remember if it goes in and out of coinbase it will be tax reportable for a USA citizen.

Isn't this a mindset that should, by now, be applied to any CEX? Better safe than sorry.

[Krubster]

Anybody ordered (& received) Binance's VISA card? Could be a great replacement for a Coinbase debit card?

Meanwhile: we're over $18k again!

No, but thank you for the tip. Good to know when/if my current btc debit card fails to work.

I've used a numerous of bitcoin debit cards over the years. The first one was the ANX card back in 2014. I also used the Xapo card back then, but they both failed to work after WaveCrest suspended their services. After that, I've used card such as Revolut and TransferWise, but I stopped using them after they blocked SEPA transfers to/from Kraken. Right now I'm using Wirex.

[UmerIdrees]

Bitcoin should follow this chart.

[vroom]

I think we can close the weekly candle in green. Let's do so!

[Krubster]

Hey JJG, in times like these you need to think about social distancing. This is how a proper bitch slap should look like

[serveria.com]

Anybody ordered (& received) Binance's VISA card? Could be a great replacement for a Coinbase debit card?

Meanwhile: we're over $18k again!

No, but thank you for the tip. Good to know when/if my current btc debit card fails to work.

I've used a numerous of bitcoin debit cards over the years. The first one was the ANX card back in 2014. I also used the Xapo card back then, but they both failed to work after WaveCrest suspended their services. After that, I've used card such as Revolut and TransferWise, but I stopped using them after they blocked SEPA transfers to/from Kraken. Right now I'm using Wirex.

I used Wirex too and it was awful. Their card had lots of downtime. Finally they blocked my account without mentioning the reason.     

[criptix]

Never fucking 30-40% dips again

https://twitter.com/kerooke/status/1332814031179165697?s=21




 

[LFC_Bitcoin]

Good morning brothers
Bitcoin always on my mind
Maybe Sunday pump?

Haiku




Full English in bed  

[Krubster]

Anybody ordered (& received) Binance's VISA card? Could be a great replacement for a Coinbase debit card?

Meanwhile: we're over $18k again!

No, but thank you for the tip. Good to know when/if my current btc debit card fails to work.

I've used a numerous of bitcoin debit cards over the years. The first one was the ANX card back in 2014. I also used the Xapo card back then, but they both failed to work after WaveCrest suspended their services. After that, I've used card such as Revolut and TransferWise, but I stopped using them after they blocked SEPA transfers to/from Kraken. Right now I'm using Wirex.

I used Wirex too and it was awful. Their card had lots of downtime. Finally they blocked my account without mentioning the reason.     

Thanks, that's good to know. I haven't experienced any downtime yet. But hey, what do I know. Maybe they will block me too soon.

[AlcoHoDL]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken! Now their servers seem to work OK. My latest purchase of 1 BTC for $8000 in 2020 went through instantly. And I'm so glad it did!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

[Krubster]

Awesome cup! Enjoy your breakfast, looks great.

[Wekkel]

Bitcoin should follow this chart.

https://i.imgur.com/M8QU4Qd.jpg

I used to have bear dreams too, but unfortunately those stink bids never got filled.

Plan for both scenario's (up and down). A good trader never has conviction, only a good pair of eyes.

[Krubster]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

I agree. I have also been a customer since 2015. I have made monthly withdrawals since late 2016. Never had a problem.

[AlcoHoDL]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

I agree. I have also been a customer since 2015. I have made monthly withdrawals since late 2016. Never had a problem.

Thanks for the reply. My Kraken withdrawals have been minimal—only a few times for a few hundred € each time. Everything went smoothly, no questions asked.

If it's not too much trouble for you, what are the approximate amounts of your monthly Kraken withdrawals? Hundreds? Thousands? Did you have any issues with your bank (i.e., being asked "where do these monthly deposits come from?" and having to explain about your crypto, etc.)?

I don't think answering the above poses any OPSEC issues, but if uncomfortable, please ignore this post. Thanks!

[Krubster]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

I agree. I have also been a customer since 2015. I have made monthly withdrawals since late 2016. Never had a problem.

Thanks for the reply. My Kraken withdrawals have been minimal—only a few times for a few hundred € each time. Everything went smoothly, no questions asked.

If it's not too much trouble for you, what are the approximate amounts of your monthly Kraken withdrawals? Hundreds? Thousands? Did you have any issues with your bank (i.e., being asked "where do these monthly deposits come from?" and having to explain about your crypto, etc.)?

I don't think answering the above poses any OPSEC issues, but if uncomfortable, please ignore this post. Thanks!

The amounts I have withdrawn monthly is between €1000-2000. No big sums, but they have never failed me. I've had some problems though, but it has never been problems on the Kraken side (like when when Revolut/TransferWise blocked transfers from/to Kraken).

Edit: Forgot to answer the question if I had any problems with my bank. No, I never had a problem. They never asked me any questions.

[machasm]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

I agree. I have also been a customer since 2015. I have made monthly withdrawals since late 2016. Never had a problem.

Thanks for the reply. My Kraken withdrawals have been minimal—only a few times for a few hundred € each time. Everything went smoothly, no questions asked.

If it's not too much trouble for you, what are the approximate amounts of your monthly Kraken withdrawals? Hundreds? Thousands? Did you have any issues with your bank (i.e., being asked "where do these monthly deposits come from?" and having to explain about your crypto, etc.)?

I don't think answering the above poses any OPSEC issues, but if uncomfortable, please ignore this post. Thanks!

The amounts I have withdrawn monthly is between €1000-2000. No big sums, but they have never failed me. I've had some problems though, but it has never been problems on the Kraken side (like when when Revolut/TransferWise blocked transfers from/to Kraken).

Just to add that I have been happy with Kraken too.
I made a few medium sized withdrawals of around 30,000 euros (used to pay off mortgage) no questions asked and no problems either.
Would deffo recommend.

[AlcoHoDL]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

I agree. I have also been a customer since 2015. I have made monthly withdrawals since late 2016. Never had a problem.

Thanks for the reply. My Kraken withdrawals have been minimal—only a few times for a few hundred € each time. Everything went smoothly, no questions asked.

If it's not too much trouble for you, what are the approximate amounts of your monthly Kraken withdrawals? Hundreds? Thousands? Did you have any issues with your bank (i.e., being asked "where do these monthly deposits come from?" and having to explain about your crypto, etc.)?

I don't think answering the above poses any OPSEC issues, but if uncomfortable, please ignore this post. Thanks!

The amounts I have withdrawn monthly is between €1000-2000. No big sums, but they have never failed me. I've had some problems though, but it has never been problems on the Kraken side (like when when Revolut/TransferWise blocked transfers from/to Kraken).

Excellent. Thanks for the valuable info. These are the monthly amounts I'm planning to withdraw in the near future too, so it's good to know that almost everything went smoothly for you. It's the banks I'm more worried about, not Kraken. There's always the ATM option too, albeit with a higher premium—a small price to pay for complete anonymity (until they start forcing us to KYC there too).

The funny (sad, actually) thing is that most of us have not done anything wrong, we're not criminals, and yet we are often treated as such, until proven otherwise...

Edit:

@machasm: thanks for your reply, too.
@psycodad: and yours, too.

[psycodad]

For European residents, I can vouch for Kraken. Been with them since 2015. No issues. Deposits and withdrawals have gone through (although withdrawals were for very small amounts—don't know what will happen if I request to withdraw a lot).

There was a time (around 2016-2017 IIRC) when their servers were slower than a CASIO calculator, which actually protected me from selling some corn by failing to execute a string of sell orders. My current stash would have been much smaller, had those orders gone through—thanks Kraken! Now their servers seem to work OK. My latest purchase of 1 BTC for $8000 in 2020 went through instantly. And I'm so glad it did!

For Europeans,
The tentacles of Kraken,
Work kind of OK.

#1krakenhaiku

Happy Kraken user here too. Withdraws and deposits always worked just fine (no real big amounts but sizeable). KYC was smooth and quick.
Except as you mention the CASIO calculator times in 2017, though given enough patience I was always able to place my orders (after 3-100 failed attempts  ).

[600watt]

18500 is looming. if we could close today above 18500 that would be awesome...  

edit: that would be a green weekly candle indeed. a +3k Darth Maul candle just below old ath must have rect so many day- and swing traders.