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

[Arriemoller]

I forgot, you don't get cashback or items bought from Shapeways, a cashback sum is displayed but crossed over. At first I thought it might be because they have a 10 day period in which you can report a defective print and get a new one or money back, but that doesn't seem to be the reason since my firs buy is older than that and still crossed over.

[Arriemoller]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

[ChartBuddy]

Explanation

[Biodom]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

[Biodom]

Re cap gains tax, I told you guys that they will make a go at it being retroactive to Jan 1, 2021 or to April 2021 (this date would be strange):

https://www.marketwatch.com/story/biden-plans-retroactive-hike-in-capital-gains-taxes-so-it-may-be-already-too-late-for-investors-to-avoid-it-report-11622133899

it would suck for those who already sold  

[El duderino_]

https://twitter.com/bitcoinmagazine/status/1397675605165027328?s=21

[Richy_T]

A quick update on the Binance bitcoin card.

I went grocery shopping at City Gross and Ica Maxi this evening and the card worked just fine, I could plipp at both terminals, the text is, as expected, still displayed in English instead of Swedish.
I withdrew 200 SEK at the local City Gross ATM, no problems at all, but more options to choose, first it displays the conversion rate and fees from EUR to SEK and asks for your approval, then it asks you to choose between going forward with or without conversion, I chose with conversion., it worked just fine.
I then drove to a proper bank ATM and did the same thing, I got the same questions, but this time I chose without conversion. All text on the ATM:s where in English.
When I got home I checked the amount in EUR that was withdrawn from my Binance account, and it was 19.78 EUR in both cases, so it obviously doesn't matter what you choose.
I also stopped by Mcd and the local gas station again, In Mcd I could now plipp without problems, but the gas station still gives me "technical error", It's a Qstar by the way for any Swedes that might be curious.

I'm gonna go try the card on some other gas stations too and I'm also gonna see if I can fool the system and get cashback on cash withdrawal by doing it at checkout when I pay for my grocerys.

So far I'm pleased with the card.

To be continued.

Edited.

It's been a while since I did much conversion but last I recall, it tended to be that you got a better rate if you had your card do the conversion (if using a credit card) than the bank ATM because banks are bastards.

[Arriemoller]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

Yeah, that's what I mean, but you don't actually have to touch the pad, just be very close to it, and not all terminals have pads, some you just put the card close to the front. But they do all go "blipp"

[ChartBuddy]

Explanation

[vapourminer]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

i hear it called "tapping" ie "tap and go" or "tap and pay"

[Hhampuz]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

i hear it called "tapping" ie "tap and go" or "tap and pay"

Isn't it just literally contactless?

[Biodom]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

i hear it called "tapping" ie "tap and go" or "tap and pay"

yea, maybe

Isn't it just literally contactless?

maybe, but making a slight touch seems to somehow help, at least this has been my experience and that's what cashiers always suggest-to tap/bump it.

[Toxic2040]

the evening wall report

have to say it looks like a little more down before we see a little more up
typical declining volumes near months end
perhaps retail will be able to scoop up some cheap coins come the first
it will not be long now...weeks or months..what matter?
its coming

4h



D

[philipma1957]

And also, when I write "blipp" I mean contactless payment, where you only put your card next to the terminal and it goes "blipp" and the transaction is done. It's called "blipping" in Sweden, I don't know what it's called in English.

afaik, there is no word, but we have a system where you gently touch the pad (no insertion of the chip).
maybe it should be called 'bumping'.

i hear it called "tapping" ie "tap and go" or "tap and pay"

Isn't it just literally contactless?

Yes and no.

[ChartBuddy]

Explanation

[Biro Bob]

I'm gonna go try the card on some other gas stations too and I'm also gonna see if I can fool the system and get cashback on cash withdrawal by doing it at checkout when I pay for my grocerys.

You will probably have this problem with several petrol stations. This is because the card is classed as a prepaid card rather than a debit card. I had a similar problem using the Revolut card when traveling through Europe. Some stations were fine and others weren’t. You can usually pay at the counter with it (after fuelling) but not at the pump (before fuelling)

It's been a while since I did much conversion but last I recall, it tended to be that you got a better rate if you had your card do the conversion (if using a credit card) than the bank ATM because banks are bastards.

I completely agree with Richy here. I ALWAYS ignore the conversion rate offered and pay in local currency. The visa or mastercard rate offered by Revolut is far better and they don’t charge a high ‘non sterling’ fee. On larger transactions such as hotel bills, the difference can be quite substantial. You were lucky they were the same rate on this occasion, but maybe try a few more to be sure.

[Arriemoller]

Binance bitcoin card update.

Just like Biro Bob wrote, I drove down to the Shell 24/7 station and at the pump i got "invalid card" but at the counter I could pay just fine.
I then drove to OKQ8 unmanned station and it didn't work, on to Ingo unmanned and it didn't work there either.
So I guess you can only use it for gas if you pay at the counter.
I will try Circle K too later  but that will be the last one.

[ChartBuddy]

Explanation

[marcus_of_augustus]

... held down into options expiry trend is looking good for another month

... just wait until you've endured years of cash-settled options expiries

[ChartBuddy]

Explanation