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

[philipma1957]

[coinbase asking for proof of funds]

I am kind of stunned they are doing this to me.

ALL in all it's probably moron ai programing.

BUT they said they will freeze the account in 15 days. SO I am not leaving the funds I need it.

Maybe 100 bucks or so as a place holder.

Kraken seems to work okay.

thats messed up. you are literally one of the last people i would expect a proof of funds thing to happen to, as your accounts here and ebay seem to indicate a by-the-numbers type of guy.

when asked for income for the last decade or so i have always said "retired" and "investments" but like you say who knows what triggered it.

it is pretty much ridiculous.

last year. my wife and I have a lot of deposits into our bank accounts.

I showed them more than double in deposits than what is in the coinbase account.

and that was just three months worth of statements.

they obviously are defective in the ai document screening.

or they dont like me saying the musky trumpeter is an all time cooler of btc.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

[coinbase asking for proof of funds]
~Snip~

thats messed up. you are literally one of the last people i would expect a proof of funds thing to happen to, as your accounts here and ebay seem to indicate a by-the-numbers type of guy.

when asked for income for the last decade or so i have always said "retired" and "investments" but like you say who knows what triggered it.

Be vary of sharing financial information, there has been a cluster of malpractice which originates from North-East India, especially West Bengal. I recently started trading on Indian derivatives, as soon as I registered and shared my documents I ve started receiving calls from "investment advisors" offering free calls etc. I know a guy from my neighborhood who runs a tech company (local), he too complained of employees leaking financial info and selling it on the dark webs and also a host of other scams and malpractices.

the coinbase account had access to my bank account i have made deposits and withdrawals back and forth to coinbase for a decade.

coinbase knows my ssn
coinbase knows my passport
coinbase knows paypal.

I have been approved for kyc with them for years.

So I sent them 3 bank statements more or less a routine yearly kyc ask from them.

I triple checked the request to be sure it was from him.

I am not going to send them my ebay account sales info
I am not going to send them  my wife’s separate bank account statements.
I am not going to send them my 2023 tax return with 300 pages of transaction from coinbase.



The bank statements I sent them are more than enough to double what is in or was in the coinbase account.

I will soon need to do my 2024 tax return. I need to download my tax records from the coinbase site . I will post back to see if that works out.

[LFC_Bitcoin]

Interesting thoughts here, I just pray the bottom is in.



@bitharrington
It's amazing to see how the same price zone ($85K/$90K) was first overbought, and is now completely oversold. This is how markets move. Things always need to cool down. This is progress. Chart: Bitcoin Daily with RSI.

https://x.com/bitharington/status/1895139511677366512

[Volgastallion]

Interesting thoughts here, I just pray the bottom is in.



@bitharrington
It's amazing to see how the same price zone ($85K/$90K) was first overbought, and is now completely oversold. This is how markets move. Things always need to cool down. This is progress. Chart: Bitcoin Daily with RSI.

Its ok but do you think this is happening like a normal market movement led by the "invisible hand of the market" or do you see the same peoplo who overbought now is oversolding?.

I dont know what to think about this last week in the market.

[Leahized]

Bitcoin Macro Chart is STILL IN Bullish structure

The price is just making a retest at Macro Key Trend Since 2021.

A macro resistance is turning Into Support.

The price should bounce and Hold Above this trendline to Mainton Bullish Momentum.


@Ashcryptoreal
X

[BobLawblaw]

No fear. Just disappointment...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bitcoin Smith]

[coinbase asking for proof of funds]
~Snip~

thats messed up. you are literally one of the last people i would expect a proof of funds thing to happen to, as your accounts here and ebay seem to indicate a by-the-numbers type of guy.

when asked for income for the last decade or so i have always said "retired" and "investments" but like you say who knows what triggered it.

Be vary of sharing financial information, there has been a cluster of malpractice which originates from North-East India, especially West Bengal. I recently started trading on Indian derivatives, as soon as I registered and shared my documents I ve started receiving calls from "investment advisors" offering free calls etc. I know a guy from my neighborhood who runs a tech company (local), he too complained of employees leaking financial info and selling it on the dark webs and also a host of other scams and malpractices.

There's no laws that's protecting users privacy in India and that's the reason these companies sell the user data for shit load of money.

[Leahized]

No fear. Just disappointment...

However, the same word has to be Bunch. The mind is hard and the head is cold.

Then free of despair.

[Greyhats]

Might just be me, but when BTC go through these dips its a lot less stressful than when btc is in price discovery in uppity. I try to measure my stack based on the 200 WMA and X% deviations, so it doesnt overly worry me when it dips, but the excitement of it going up I find quite stressful and feel the need to be like price watching all the time. When it dips I get to take a break and be like well when it returns to X level I will start watching it again.

I think maybe the cause for it, is that I stop measuring my stack by the 200WMA subconsciously in an uptrend and spot price becomes a stressor.

Its just something I recognized for the first time during this last month, and its not even the biggest dip/bounce I have been through but this behavioral pattern has been repeating since I got in.

Any words of wisdom from the OG's on how I should address this?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

Might just be me, but when BTC go through these dips its a lot less stressful than when btc is in price discovery in uppity.

For some reason, it is similar for me. It's not like I measure things using the 200WMA, though. When she goes down, I shrug it off and know she'll come around eventually, so I stop calling her lest she thinks I'm a needy whiner. When she goes up, I try to figure out if, when, how much to sell. That requires a lot of energy and makes me weary. However, until today I haven't actually sold anything because I'm used to live semi-frugally, or to be more precise well within my means. One egg in my ramen feels like it's just right if I don't end up indulging too often - certainly not every day. A hot dog, oh boy, that's reserved for Christmas.

I still like it a lot more when she goes up though. Go figure.

[Paashaas]

CME gap at $75k.

$10k dump incoming? 

[OutOfMemory]

CME gap at $75k.

$10k dump incoming?  

Usually takes a few days to recover. No biggie.

EDIT: To be more precise: If the price hits the region of the gap.

[vapourminer]

CME gap at $75k.

$10k dump incoming? 

hey relax and enjoy it like d_eddie, greyhats and myself 

@greyhats.. same here. i dont really pay attention to dips,  even this one. and uppidy requires actual planning beyond ladders on exchanges.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

Is oversold in the room with us?

[serveria.com]

Is oversold in the room with us?

Nobody willing to sell but nobody willing to buy either.