Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12131.

bitserve

legendary

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Self made HODLER ✓

Quote from: yefi on December 16, 2018, 11:13:21 PM

Quote from: bitserve on December 16, 2018, 10:32:49 PM

I would appreciate advice on what sort of proofs/documents did they request you to "explain where it came from". It might get handy to get them all ready in advance.

From my experience it was just screenshots of my exchange accounts. It may be different for each person though.

Screenshots of what? I mean, the deposits? The trades? The withdrawals?

It is because you sent the funds directly from one exchange to the other? What if you had sent from your hardware wallet instead? Hmmmm

bitserve

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Self made HODLER ✓

Quote from: nikauforest on December 16, 2018, 11:51:51 PM

Quote from: bitserve on December 16, 2018, 10:32:49 PM

Quote from: nikauforest on December 16, 2018, 10:18:00 PM

Quote from: bitserve on December 16, 2018, 08:38:09 PM

Quote from: Majormax on December 16, 2018, 08:14:57 PM

Quote from: bitserve on December 16, 2018, 07:57:29 PM

....So, during the bear market, employ your time opening accounts in as many exchanges as you can, verify as needed, learn their UI, etc... During a bull market things happen very fast, and chances are that you won't be able to use that exchange you need to trade some fork/altcoin or use for fiat withdrawal if you have not done your homework well in advance.....

This is great advice.

The bear market will be long and tough to endure, and this is just the sort of work that will be making progress, instead of anxiously watching falling or stagnant prices.

Verification can often be a long process. It is also useful to be familiar with the rules of the exchanges and businesses you deal with.

Yup, and during a bull run is way longer if they are not simply collapsed. Also, for withdrawals, it is also useful THEY know you. And the best for that is having made some deposit to them in the past (and what better moment to do that than in a bear market?).

Exchanges do not like people coming out of nowhere and pretending to withdraw huge amounts of money.

Yea, that is good advice for someone starting out. Bear markets are good for getting your infrastructure set up with exchanges etc. I sold some btc back in the first quarter and I had to go through a whole process explaining where it came from. Everything worked out fine , but definitely take advantage of this time to get set up.

I would appreciate advice on what sort of proofs/documents did they request you to "explain where it came from". It might get handy to get them all ready in advance.

In my case I sold some crypto to Gold Money to get USD. When I did , they asked for proof where I acquired the BTC. In my case it was ok to show proof of mining. I had old KNC and Bitmain receipts. Which they accepted. I also showed proof that I had a Bitstamp account going back to 2013. This was sufficient, although I could have shown more. They were then satisfied.

So they basically just want some little excuse and not the whole chain of custody since you bought your coins, right?

I guess in my case they would accept the bank receipts of the transfers I made to Bitstamp and Kraken since years ago....

Totscha

hero member

Activity: 1276

Merit: 622

Quote from: Torque on December 17, 2018, 10:39:05 AM

Hey nerds, Bitcoin is pretty much dead. Because some teen crypto kiddie says so.

https://www.marketwatch.com/story/bitcoin-is-pretty-much-dead-says-teenage-crypto-phenom-2018-12-14?siteid=yhoof2&yptr=yahoo

I love how MarketWatch is now interviewing 13 year olds for their investing advice. Keeping it classy and professional there, MW? Mmm hmm

Yeah, it's over folks... But on the other hand we have BCH which "has great technology but the developers have done a bad job at marketing it".

I am kind of disappointed he forgot to mention XRP with its awesome features in his picks of the crypto-currencies with best chances of success.

cAPSLOCK

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Note the unconventional cAPITALIZATION!

Quote from: cAPSLOCK on December 14, 2018, 12:08:17 PM

Quote from: HairyMaclairy on December 13, 2018, 11:43:04 PM

Quote from: Elwar on December 13, 2018, 11:34:54 PM

before I found a job in Afghanistan

Ok now you have my attention. Please share.

Inverted H&S forming on 1H. Lisa action to follow.

I have been watching this as well. I think we see a bounce to 3500-3600 or so maybe sun-mon?

I gotta take credit when I get it...

Now we see it curve down to ~3400 and then... ... ...

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Torque on December 17, 2018, 10:39:05 AM

Hey nerds, Bitcoin is pretty much dead. Because some teen crypto kiddie says so.

https://www.marketwatch.com/story/bitcoin-is-pretty-much-dead-says-teenage-crypto-phenom-2018-12-14?siteid=yhoof2&yptr=yahoo

I love how MarketWatch is now interviewing 13 year olds for their investing advice. Keeping it classy and professional there, MW? Mmm hmm

And one that hasn't even had a good call since he simply hit the jackpot by being early in Bitcoin and sold (probably too early). Now he is doubling down on Bcash instead of Bitcoin, Zcash instead of Monero... and ethereum. Yeah, right.

Nothing to see here. Please, disperse.

Torque

legendary

Activity: 3780

Merit: 5429

Hey nerds, Bitcoin is pretty much dead. Because some teen crypto kiddie says so.

https://www.marketwatch.com/story/bitcoin-is-pretty-much-dead-says-teenage-crypto-phenom-2018-12-14?siteid=yhoof2&yptr=yahoo

I love how MarketWatch is now interviewing 13 year olds for their investing advice. Keeping it classy and professional there, MW? Mmm hmm. I've got a 7 year old niece they should interview next.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Noice.

Quote from: bitserve on December 13, 2018, 04:02:11 PM

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

ssmc2

legendary

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Merit: 1040

Quote from: jojo69 on December 17, 2018, 09:54:59 AM

fake

This

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

Quote from: serveria.com on December 17, 2018, 09:35:11 AM

Who sold at the bottom?

Mmmm back on Belgium ground

And offcourse i didn’t sell a single coin Wink

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

fake

empowering

legendary

Activity: 1078

Merit: 1441

Steady

Nothing unusual here

Markets move

Keep the head about thee....

(none of us should be surprised by a relief rally, a bull trap, a squeeze- look at the shorts - fun times though but be safe)

wayna

full member

Activity: 375

Merit: 103

Actually this would be the right time to buy, even if the price will go lower Cheesy

serveria.com

legendary

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Privacy Servers. Since 2009.

Who sold at the bottom?

BinaryReign

full member

Activity: 151

Merit: 111

BTC HODLer

Oh yea, 3 more posts.. err 2 more after this one and I can wear my hat!

Grin

BinaryReign

full member

Activity: 151

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BTC HODLer

Quote from: xhomerx10 on December 17, 2018, 08:09:20 AM

Quote from: GHCoins45 on December 17, 2018, 01:41:17 AM

Quote from: xhomerx10 on December 16, 2018, 11:36:29 PM

I also have a decent computer beside those miners creating Bitcoin vanity addresses

Is this still a thing?

1PeoBY59Q2zqjZXbiWJhyoxSr7obsERVer

message: "Yes. It is still a thing."
signature: "Gyon8k9YDP+LMilGsRyqJmgbK5p9cdyFM12WyxwSLW3gS8bOIEVlbpLrFsN6USiEnwH9iz0XznNIaI8rusF0f8Q="

Noice! Once upon a time, probably in 2013-2014, I had a vanity address generator running. I actually had an address that was like 1Reign”somethingsomethingsomething”

I don’t know what I did with it, though I’m sure it’s empty lol

Cheesy

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: GHCoins45 on December 17, 2018, 01:41:17 AM

Quote from: xhomerx10 on December 16, 2018, 11:36:29 PM

I also have a decent computer beside those miners creating Bitcoin vanity addresses

Is this still a thing?

1PeoBY59Q2zqjZXbiWJhyoxSr7obsERVer

message: "Yes. It is still a thing."
signature: "Gyon8k9YDP+LMilGsRyqJmgbK5p9cdyFM12WyxwSLW3gS8bOIEVlbpLrFsN6USiEnwH9iz0XznNIaI8rusF0f8Q="

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: realr0ach on December 17, 2018, 06:25:52 AM

Quote from: El duderino_ on December 17, 2018, 06:06:27 AM

Made that clear with that silver chart

The Jews have gone all-in on the idea that they can abolish physical money and force everyone into a digital only, cashless society slave system based around imaginary, valueless tokens. This is why nations like Canada have no gold reserves at all. There's a lot of money to be made by taking the opposite side of the trade that they will fail. It's not even possible for them to win. To win they would need to defeat Russia, China, Turkey, Iran, and others all at the same time in a nuclear war.

We also liquidated our national bug-out bag. It was pretty much useless also; containing dehydrated poutine, pemmican, a few gold maple leaf coins and a miniaturized replica of the Canadarm.