Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18989. (Read 26608454 times)

lel, raise the coinbase limit!!1

The price has tanked man, I wonder if it'll drop further or if this could be a good entry point hmmmmm.

You bring this perceived "grievance" up in a public forum and yes... you seem to be floating in a true fantasy land....... .. with these pie in the sky ideas about "the customer is always right" .. .which is some true bullshit when you don't even attempt to account for the various balancing factors that seem to be at play, and you hardly even attempt to look into the rules or rationale for various limits... .provide us a half assed incomplete story of your attempts to resolve the matter and focus on your feeling of "discriminated against"   You can read more about this story at gimpy-aztec.com

fukoff juan the gee guy ... i am the customer biatch ... your right it is all about me ... get over it.

Yeah... you don't have to understand it because you are a self-centered and irrational cunt.... who the fuck cares about whether there are any reasons for its limits because it's all about uuuuuuuu...         Here's a lil kissie to make your boo boo feel better.  


Just to clarify... Coinbase is not bitcoin... it is like suggesting that AOL is the internet, which was a common fallacy of the ill-informed of the early to mid 90s.   The $10k limit likely has to do with various USA regulatory concerns, including money laundering / tax evasion concerns that are expressed through USA laws.  Any centralized company, whether coinbase, or some others who are operating within USA regulatory grip are going to take precautionary procedural measures that may be inadequate attempts at quelling USA regulatory issues.

yeah they are gimped. u could buy say 20 coins today and if price were to rise over $500.00 you would be over their limit. i am holding more than 20 bitcoins in my cold storage.. $10,000 is gimped.. i mean really they are holding our CASH and BITCOINs.. we have to trust them ... i'm not going to mess with them. i will move when opportunity present itself. besides that i need a ripple gateway .. i require a lot more options than what coinbase offers ... i need to rearrange things this year.. hopefully before summer .

i said i felt discriminated against.. i don't understand it.. i dont have to understand. i need to move when opportunity presents itself.. coinbase sucks. 10,000 limit is gimped. there is no reason for it other than to limit the trading ability of people as far as i can tell .

Not cool bro.

ETH going up and BTC down.

Is a shift happening?

"Domain names engaging in network access within the borders shall have services provided by domestic domain name registration service bodies, and domestic domain name registration management bodies shall carry out operational management.
For domain names engaging in network access within the borders, but which are not managed by domestic domain name registration service bodies, Internet access service providers may not provide network access services."

....it doesn't ban accessing directly through IP addresses though

If you are getting so emotionally upset about the market movement, then that seems to be a sign that you are over invested... accordingly, you can sell a little to make yourself feel better.


My portfolio is still in the red.  My current average cost is around $472....   In October 2015, my average cost per BTC were around $501, and I divided my BTC stash into three portions in order to justify selling portions of it, and to prepare for price movements in the market in both directions.  The division of my portfolio was more or less as follows:

1) portions I acquired above $600
2) portions that I acquired between $300 and $600
3) portions that I acquired under $300


Accordingly, I began trading the portion under $300, and thereafter some of the portion acquired between $300 and $600.

I sell in very small quantities, and I have never traded more than 1% of my BTC stash in any trade nor more than 10% accumulated trades, and the BTC portfolio situation feels a lot better than holding all of it and only accumulating (which had been the totality of my previous strategy for nearly 2 years).  Further, I feel a lot less stressed when the market goes down or fails to go up.  Currently, in my BTC trading portfolio, I have about 95.7% in BTC and 4.3% in cash.  It's great because I am prepared for the price to go down and just spread out the buys in order to never run out of buying money...  largely without investing any more fiat than I already had invested by October 2015.

In essence, I have stacked a pretty good amount of fiat in preparation for falling prices, and I have also increased my BTC holdings by a little more than 3%... .that is even accounting for one trade that I made on LocalBitcoins in which the fucker reversed the fiat payment (through Venmo), so in essence I lost nearly 1% of my BTC holdings over the deal....

Anyhow, you can have vehicles in place in order to sell small amounts of your BTC holdings as the price goes up... while still preserving a large percentage of your total holdings and not getting too emotionally invested in whether the price is stagnant or even bearish.. so long as in the long run (several years down the road) the price continues to go up (which currently seems to be a reasonable presumption).

not sure if this could kill BTC in China:

China’s latest proposed internet regulations would make foreign websites impossible to reach
http://qz.com/649472/chinas-latest-proposed-internet-regulations-would-make-foreign-websites-impossible-to-reach/

I was thinking of keeping some money there to scoop up dips like today.  If they have low limits then doesn't make sense to me.

If they have a rule ($10k limit - which I agree seems kind of low), but they do not allow any exception for you to go beyond it, then how could you feel discriminated against, unless you have information that they make exceptions for others.  Either something is missing here or you are over sensitive in wanting your way when they have a rule.  Yes, it seems that you wanted them to explain the reason for their rule, but maybe they sufficiently did and you want moar than they are willing to provide....  The way you are describing this doesn't mean that you were discriminated against, but that you are merely overly sensitive.

I've never sold any of my stash since I became involved in bitcoin & don't intend to atm. I'm a long term HODLER, my confidence & hope in bitcoin has taking a bit of a bashing lately though.

I hope for better times.

being bearish doesnt mean your a weak hand.. sometimes a bear just wants to accumulate.

i don't care whether they like it that i refuse to kiss their ass or not. i have my reasons for my stance and that stance is not going to change just cuz coinbase doesnt like it.. if i am treated badly i am going to return the favor every single time .

10,000 is their limit. i have no idea their rules or anything. i didnt say i claimed it, i said i felt that way.

lmao, sorry your bitcoin hero coinbase does not give a crap about you.

for all the fork whining you provide them, your discriminated tears are even more tasteful.

butt butttt biran amrstrong said coinbasecoin is bitcoin for the mass!

What's the limit?  What's their rule?

And what's your basis of discrimination claim?  Have they made exceptions for others?