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

[serveria.com]

0.1BTC or her for the night?

I haven't cashed out from Kraken yet, but the limits depend on your verification level. They get reasonably high with the max verification level, and I think they can even be pushed a little higher by negotiating.

Kraken withdrawals are quick & smooth. I had to really fight to get the max withdrawal limit though (in anticipation of next years big run).

They wanted proof of my BTC purchases & salary & all sorts.

I'd take the girl   as to Kraken: what was the amount you were trying to withdraw?

[1714740569]

1714740569

[d_eddie]

0.1BTC or her for the night?

I'll take the 0.1BTC.

I haven't cashed out from Kraken yet, but the limits depend on your verification level. They get reasonably high with the max verification level, and I think they can even be pushed a little higher by negotiating.

Kraken withdrawals are quick & smooth. I had to really fight to get the max withdrawal limit though (in anticipation of next years big run).

They wanted proof of my BTC purchases & salary & all sorts.

Verification was surprisingly quick for me. I used to have no verification, and I used the unverified account to sell some bcash, cashed out in btc. Later on, I thought I'd get full verification so I can cash fiat if/when the need arises. No issue: a couple of days and they sent me an email "Your verification is complete". I haven't actually tried withdrawing fiat yet, though.

[serveria.com]

0.1BTC or her for the night?

I would go for 0.1BTC, she might have covid and upon contact, she might infect me with that shit. I like to live and spend those 0.1BTC at some nice foods not her

Cmon man Covid is not an STD and there's always a paper bag for extra Covid protection  

[Biodom]

EDIT2: Also, someone also questioned whether I'm black and libertarian, while having such a confusing stance on being comfortable paying the requisite long-term capital gains tax.

I can understand the confusion, but, while being one who believes in Liberatian ideologies about The United States, I'm also pragmatic to understand that we live in a system, and I need to abide by the rules.

Capital gains taxes are only requisite if you sell, Bob.  

Taking debt-free fully-collateralized loans, gifting to charity, setting up inheritance trusts, investing gains in opportunity zones, selling less than very generous NIIT cutoffs, moving to Puerto Rico, etc. etc. are all possibilities in the exact same rulebook, but result in more money going to family and causes we may actually identify with versus willy-nilly donating it to our government's system of black hole spending.

None of this should be counter to Libertarian thinking, am I wrong?

I understand that the sheer mental load of tax planning may be, well, taxing... But the system also provides an army of professionals to help with that, in the way of accountants, lawyers, and financial advisors. And they cost a helluva lot less than 23.8%. Some of them may even be friends and family. Libertarian even.

With qualified help and fore-thought, you, too, could have your cake and eat it. And maybe even sleep.

Nom nom.  Zzzz.

PS. Cheers to being a fellow POC raised with values by loving parents and working hard in life to overcome systemic racism. Although I happen to believe luck and appearance play more of a role than hard work in being "successful".

yeah, 20% LTV (relatively safe) is "just" 4.59%, but opportunity zones are a bit beyond my comfort level, but maybe I should just research it more, there is one within 5 min drive.

[irfan_pak10]

0.1BTC or her for the night?

I would go for 0.1BTC, she might have covid and upon contact, she might infect me with that shit. I like to live and spend those 0.1BTC at some nice foods not her

Cmon man Covid is not an STS and there's always a paper bag for extra Covid protection 

Yeah I know, That's why I fear. I just had to be with her to get that virus without having any contact 

[d_eddie]

Cmon man Covid is not an STS and there's always a paper bag for extra Covid protection  

It's not a matter of covid for me. It's the look of surgery. I wouldn't want her to blow up suddenly. All that gore is a big turnoff. Besides, once the path of surgery is taken, you can never be sure you won't find any unpleasant surprise down there. 0.1BTC any day. Next one pleaaase...

[BayAreaCoins]

Fuck COVID, I'd let her give me aids!  jk jk

[d_eddie]

Covaids?

[BayAreaCoins]

Covaids?

No no, just normal buttaids 

[True Myth]

Thanks to BobLawBlaw for single handedly keeping us above that $18k mark.

Apparently $18k is the new $19k.

[JimboToronto]

Thank gawd I haven't had to use an online exchange since Mtgox.

It's faster, easier, cheaper, safer, and fully anonymous dealing face-to-face with an honest neighborhood dealer behind closed doors.

How do you find an honest neighborhood dealer?

You have to develop a good working relationship.

My first OTC buys were from a miner I met through Localbitcoins while Mtgox was in the process of imploding. I guess he paid Localbitcoins that first time but we simply exchanged phone numbers so there were no middlemen after that. I paid him the current buy rate in CAD based on Cavirtex. He was happy to be able to sell enough coins to pay mining expenses without paying fees. He lived in a high-rise condo building a 10 minute streetcar ride from my home. We met and transacted in a glassed-in lobby under the watchful eyes of armed uniformed security. Because I carried only public keys, I wasn't worried about getting mugged on my way home. He was hoping to be retired before age 35. I don't think he had to wait that long. Last time I spoke to him was at the original Decentral the night Vitalik Buterin first announced his plans to develop his sleazecoin. Early January 2014, before Mtgox went down.
____

I met my current number one dealer first through Coinatmradar while I was still using ATMs. They had fairly low fees compared to most ATMs at that time, something like 4-5%. I recognized the address as being a local-family owned foreign currency exchange with whom I'd had good experiences, who consistently had the best rates on USD and MXN.

Turns out the owner is a Bitcoin enthusiast who organized meet-ups etc., and we hit it off immediately.  I paid 3% that first time and had to wait for a confirmation before getting the cash. After that I was paid as soon as the TX showed on the network. Before long I was paying 2% (or no fee!) and we usually chatted about current market conditions, Bitcoin politics etc.

Once before a trip to Mexico, I inquired about amounts exceeding the government anonymity limits. No problem. Just give a day or two's notice. Eventually I was sending coin to the exchange from the Mexican jungle with my brother in Toronto picking up the cash to deposit to my credit card so I could withdraw cash from an ATM in Mexico. Aaah, the joys of not having a bank account.
_____

Before that I met OTC dealers when I could. One of the first was a gold dealer I also met through Coinatmradar. The second time I went, their Lamassu ATM had broken down so they sold me some coin OTC. I don't think they ever did actually get the ATM fixed. It was always OTC after that but eventually I found cheaper places. They were also too far to walk to.

I also met several ATM operators because of machine failures who ended up dealing OTC with me. They were quick to cut out the shopkeepers to keep my fees down.

Not all the middlemen were cut out though. One met me in the bar where his ATM was located because he was undercapitalized and didn't have enough cash in the ATM. He met me 2 days later after raising the cash and bought me a couple of Hendricks martinis while we transacted phone-to-phone and cash hand-to-hand all under the watchful eyes of the bar owner who was the ATM owner's friend. When I commented about the large gentleman loitering on the sidewalk out front, they said he was a friend making sure I didn't try anything funny. On the way out we exchanged smiles. As it is, the bar owner agreed with the ATM dude to a lower fee to woo my business. It was the beginning of a good relationship. I guess she was happy to sell us 4 expensive martinis. He was happy to be a step closer to buying his second ATM.

We never used last names in any of these cases.
___

Ultimately it comes down to actually getting out and meeting real people and developing friendships.

[AlcoHoDL]

0.1BTC or her for the night?

I wouldn't even touch her if you paid me. I guess we have a totally different sense of beauty. To me, this woman looks UGLY as hell. Those lips... So abnormally large, almost like a deformity-causing mutation. Yuck!

Not a joke, I'm serious.

[marcus_of_augustus]

Visa mastercard to cut off PornHub

... guess Pornhub is going to be shifting to digital wallets and/or bitcoin real soon.

[explorer]

0.1BTC or her for the night?

I wouldn't even touch her if you paid me. I guess we have a totally different sense of beauty. To me, this woman looks UGLY as hell. Those lips... So abnormally large, almost like a deformity-causing mutation. Yuck!

Not a joke, I'm serious.

She was just chasing parked cars.  The swelling will go down in a few weeks.

[AlcoHoDL]

Visa mastercard to cut off PornHub

... guess Pornhub is going to be shifting to digital wallets and/or bitcoin real soon.

Paying for pr0n is stupid, regardless of method.

But to pay for pr0n with BTC, one has got to be Darwin-certified brain-dead.

[marcus_of_augustus]

Visa mastercard to cut off PornHub

... guess Pornhub is going to be shifting to digital wallets and/or bitcoin real soon.

Paying for pr0n is stupid, regardless of method.

But to pay for pr0n with BTC, one has got to be Darwin-certified brain-dead.

... I think it is Pornhub paying it's "content providers" that is the payment being blocked here ... if you're not the customer, you're the product model of all good silicon valley fiatscum whores, pornhub is no exception

[d_eddie]

Visa mastercard to cut off PornHub

... guess Pornhub is going to be shifting to digital wallets and/or bitcoin real soon.

Paying for pr0n is stupid, regardless of method.

But to pay for pr0n with BTC, one has got to be Darwin-certified brain-dead.

Right you are, but the idea of censorable money still makes me itch. Yesterday it's Snowden, today it's PornHub... and tomorrow?

I hope these bans help Bitcoin converge into a flawless, easy to use L2 protocol - be it LN or something based on RSK. We really need that ASAP.

[RejectedBanana]

yeah, 20% LTV (relatively safe) is "just" 4.59%, but opportunity zones are a bit beyond my comfort level, but maybe I should just research it more, there is one within 5 min drive.

They're pretty widespread and varied and, yes, definitely require DYOR.

https://opportunitydb.com/funds/

[jojo69]

I declare complete and utter victory.

.

[True Myth]

Observing upward value motion in the BTC ocean.

A couple decent sell walls in close proximity.

Magic 8 ball says we go sideways a few more days.