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

[LDL]

Holder, Market, bitcoin




FTX, Bitcoin



4 Big Dumpers in the Crypto History
MtGOX, JP Morgan, Do Kwon, SAM BANKMAN Fried (SBF)

[1714955997]

1714955997

[ChartBuddy]

Explanation

[somac.]

Looks like a bart on the 15min charts.

[Dubaian]

[ChartBuddy]

Explanation

[El duderino_]

Probably been posted already….
But not yet used on the different hour
 

[xhomerx10]

from a shitcoiner wannabe /  bitcoin naysayer.

because I pointed out that Saylor's tweets are silly and nobody outside of a small circle respects him I'm now a "bitcoin naysayer?"

none of what I wrote had anything to do with bitcoin per se, just Saylor. his tweets make him look like a ridiculous person. do you require further examples?

lol u r big mad.  

 @Saylor reads the WO and he's fucking with you now:



 Just one single word tweet but it says so much.

[ChartBuddy]

Explanation

[Dubaian]

Not your keys, not your #bitcoin BTC🔐

@BitcoinMagazine

[Shaha98]

FTX in 2021         Vs        FTX in 2022

 

[Gachapin]

some peeps in here really can't meme


edit:
HI-TEC99 puts out some great stuff. Thanks for the laughs!

[eXPHorizon]

Yeees take em off dem Exchanges and keep them off if u can. I encourage you to deposit them on a DEX 😏🤣🥴👽

[Richy_T]

At the moment My cash withdrawals from coinbase are 3 days Late to hit the bank.

Not sure why but if you are sitting on cash with coinbase like I was you may want to know they are slow to pay it in my case.

I will post back tonight to mention if they send it.

Are you doing the free withdrawal? That usually takes a little while to show up, especially at the weekends when banks are closed.

[ChartBuddy]

Explanation

[Greyhats]

WARNING: Extremely simplistic math predictions follow:

End-of-2017 ATH: $19666
End-of-2018 Bottom: $3122
ATH / Bottom Ratio: $19666 / $3122 = 6.3

4 years (a Halving) later...

End-of-2021 ATH: $69000
End-of-2022 Bottom (predicted): $69000 / 6.3 = $10952
ATH (2021) / ATH (2017) Ratio: $69000 / $19666  = 3.5

4 years (a Halving) later...

End-of-2025 ATH (predicted): $69000 x 3.5 = $241500

Bitstamp prices.

Have similar guesses, based on 2x, 3x, 3.5x, 5x, 8x. I also assumed a 80% decline in next cycle to get a low prediction. Would be ecstatic even with a 1.5x

[philipma1957]

At the moment My cash withdrawals from coinbase are 3 days Late to hit the bank.

Not sure why but if you are sitting on cash with coinbase like I was you may want to know they are slow to pay it in my case.

I will post back tonight to mention if they send it.

Are you doing the free withdrawal? That usually takes a little while to show up, especially at the weekends when banks are closed.

Yeah which is why I am not freaked out.  Still waiting.  3 withdrawals add to under 10k but over 2k

I have had late night Thursday withdrawals take to tues and weds. Will continue to post about this.

Also the money is U.S. cash and is insured by fed gov.

[Greyhats]

Operation: Bring Them Home - MISSION ACCOMPLISHED

It has been a very long time since I had full custody of all my Bitcoins. Well 99.9% of them.

Still waiting on a small amount to be reactivated at BitFinex, withdrawal frozen for 5 days due to activation of LN-Bitcoin. Will send this directly to my LN Node

And a small DCA amount at my local exchange (the bulk has come home – read below) and yes there was a wee bit more than I should have had on there….
 
My problem started on 28th October, that really drummed the #NYKNYC home.

The local exchange I used here, been using their services since 2014. It had been 3 months since I had last logged in. I thought now would be a good time to setup some buy ladders and when I went to login, my account was locked out for some unknown reason.

Message was to contact support. Naturally I sent a support request and thought maybe I would get a reply in a few hours. A few hours went by, and not response, replied to the automated email, and waited and waited. Started to get a little worried. So I thought, I’ll call them, only to find there isn’t a phone number anymore. Remembered, I had an OTC Reps mobile number, rang it, and it was disconnected.

Alarms bells started going off! I googled and checked for any news about this exchange, there wasn’t anything alarming, but I still wasn’t happy with the lack of communications. I found their registered address and google street viewed them, only to find it was a mailing forwarding front. (Found out later it was to protect them. Due to scammers, they have been targets of death threats etc)

More hours spent trying to track employees and owners and their contact emails or phone numbers… no luck! I had names and emails (that bounced back, they must not allow external comms) but no active phone or mobile numbers…

I finally got a reply to the support query, this was 5 mins before close of business Friday, saying they locked my account because of suspicious activities and to request a call from one of their KYC Support Team.

WTF?.. ok I’ll play along, booked the next available time, 9:30am Monday, I waited and waited, no calls, no reply, no comms. Rebooked for 2pm and finally a call from a private number. Back and forth proving who I was and what I do, and I also made sure they were who they are and that we both were not trying to scam each other.

Found out they halted my account because I accidentally pressed on increase my deposit limit! They wanted to know why I wanted to increase my limit!.... and that they had locked it back in July, over three months ago! never bothered to contact me about it!..

Got back into my account and that was when Operation: Bring Them Home commenced!

Start generating new cold wallets. Logged and planned for the retrieval of all the outstanding SATs I had on of mining pools and exchanges I once traded my BCH/BTG and other shitty airdrops.

Then FTX happened!....

If it is one thing you get out of this whole FTX saga, I really hope it is #NYKNYC.

This must be ingrained in everyone Bitcoin Accumulation Strategy. BRING THEM HOME!

Moved everything to cold storage at the weekend :-) forgot about some mining dust but your post reminded me, thanks

[philipma1957]

Yeah try to have over 90% in self custardy wallets.

I think I am close enough to be at 92 or 93%..


395

[LDL]

CEX Vs DEX

In fact, day by day people's trust is decreasing from cryptocurrency, especially recently, the way centralized exchanges are killing people's money, people will lose complete trust from centralized exchanges in the coming future.
However, a centralized exchange means someone else's wallet is your cryptocurrency.  Whatever you put on a centralized exchange will never be recognized as your property.  Now is the time to seize your property.  Like MTGox in 2014, Kucoin hacked in 2020, and most recently the most infamous FTX hacked in 2022 has posed a serious threat to cryptocurrency.  So there is a saying that keeping your cryptocurrency on a centralized exchange is like feeding a chicken to a fox.

Centralized exchanges/wallets

Decentralized exchanges on the other hand mean your wallet is your property.  Decentralized exchanges have no ownership rights, just like no one else owns your wallet.  So it goes without saying that if you have the private key stored then no one can hack your cryptocurrency wallet.

Decentralised Exchanges/wallets

My previous post: Link

[philipma1957]

I am 91% in my wallets

9% on coinbase

plus some USA real cash on coinbase.

Hard to do better. but a lot more is safely stashed than last week.