Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8375. (Read 26713238 times)

sr. member
Activity: 1197
Merit: 482
Here's an interesting article for those scanning about Coronavirus news...
https://blogs.sciencemag.org/pipeline/archives/2020/01/27/coronavirus
Quote
...no, this particular virus was not patented in 2015, and it is not some engineered bioweapon. There are no “natural” cures or preventatives that you can buy...
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
...it was all a bit too convenient all the exchanges froze everyone, while someone was making big money and a top.



exactly
legendary
Activity: 2702
Merit: 2053
Free spirit


Is Kraken any good?

fuck Kraken in their tentacled face

-froze our account with almost no notice

-ran us through pointless KYC hoops, "support" was clueless, might as well have been flipping burgers, did not seem to believe that mining was a real thing.

-after weeks of support circular logic and being trapped in trades now gone bad due to locked account they finally figured out that the reason was that they were dropping support for our jurisdiction...a major tech heavy US state.

lost a lot of money there

Did they simply took your money and just tell you to fuck off?? :-O

I was forced to convert the entire account to BTC at a significant loss in a tight timeframe to move it off the platform.

The timing of these events was...not good.

Had "support" not had their heads fully inserted and had told us what was up at the beginning I would have had weeks to trade out in an orderly fashion...but no.

Incompetence or malice?  With Kraken you get to take your pick.  tm


I have told the story several times here, so my apologies to anyone bored by its repetition, but this account is the only revenge I get in this situation.  I am never going to shut up about it.


Much like polo for me, at the moment I needed to flip out a large amount of coin it was conveniently tied up for ages with dead air from support.

As I have said before it was all a bit too convenient all the exchanges froze everyone, while someone was making big money and a top.

legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Basically, the situation I'm in is if I didn't have BTC to supplement my income I'd have a very sad life; never eating out, no holidays, no 'nice' things every-so-often.
I'm VERY lucky to have BTC. Very.

treating ourselves to something extra every now and then via btc i mined or bought is the deal i made with my wife when i 1st got into btc.

gotta take profits at some point. we certainly enjoyed our "upgrades." works for me as this all could still take a digger.

Maybe ironic the treat for myself way back was to spunk some money on bitcoins, its full circle.

Not "maybe"... completely ironic I have tightened my expenses to absurd limits just for being able to hodling moar. When I could be spending way more than before (I have always been very frugal) I am spending even less than before. Ironic is even an understatement.
legendary
Activity: 1722
Merit: 2213
Coinbase VISA - I’m an early adopter, had it 3 weeks  Cool

(Covering my name)



haha scam card they printed it the wrong way round   Cheesy

Barcleys card Vosa


Wink

Damn that's a nice job. This reminds me I need one of these real ones soon. Barely got any fiat left anymore, what's left is put aside for btfd Tongue
Cash is crap, but Bitcoin debit cards are great.

Edit: Is this the wrong round though...? Looks legit to me.



Source: https://www.coinbase.com/card
legendary
Activity: 2702
Merit: 2053
Free spirit
Basically, the situation I'm in is if I didn't have BTC to supplement my income I'd have a very sad life; never eating out, no holidays, no 'nice' things every-so-often.
I'm VERY lucky to have BTC. Very.

treating ourselves to something extra every now and then via btc i mined or bought is the deal i made with my wife when i 1st got into btc.

gotta take profits at some point. we certainly enjoyed our "upgrades." works for me as this all could still take a digger.

Maybe ironic the treat for myself way back was to spunk some money on bitcoins, its full circle.
legendary
Activity: 2702
Merit: 2053
Free spirit
Coinbase VISA - I’m an early adopter, had it 3 weeks  Cool

(Covering my name)



haha scam card they printed it the wrong way round   Cheesy

Barcleys card Vosa


Wink
legendary
Activity: 2268
Merit: 1278
I only got it in preparation for the next epic rise. I’ve only spent £100 worth of corn on it.

HairyMaclairy was giving some good advice a few weeks back. He told us to be a fucking boy scout, open as many bank accounts as you can, get registered on loads of exchanges, be prepared for the next bull run because it’s going to be life changing.

I’m KYC’d & ready for unlimited withdrawals on -

Localbitcoins
Stamp
Coinbase

I’ve got a Bittrex account, I’ve now got 4 fiat current accounts. I am ready!

Is Kraken any good?
Yes. Been using it for years now, never any problems. They have changed their design fairly recently which I am not a fan about, but I suppose it makes sense to try to appeal to a growing market of relative normies.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓


Is Kraken any good?

fuck Kraken in their tentacled face

-froze our account with almost no notice

-ran us through pointless KYC hoops, "support" was clueless, might as well have been flipping burgers, did not seem to believe that mining was a real thing.

-after weeks of support circular logic and being trapped in trades now gone bad due to locked account they finally figured out that the reason was that they were dropping support for our jurisdiction...a major tech heavy US state.

lost a lot of money there

Did they simply took your money and just tell you to fuck off?? :-O

I was forced to convert the entire account to BTC at a significant loss in a tight timeframe to move it off the platform.

The timing of these events was...not good.

Had "support" not had their heads fully inserted and had told us what was up at the beginning I would have had weeks to trade out in an orderly fashion...but no.

Incompetence or malice?  With Kraken you get to take your pick.  tm


I have told the story several times here, so my apologies to anyone bored by its repetition, but this account is the only revenge I get in this situation.  I am never going to shut up about it.

Oh, ok, not THAT bad as if they had just taken it all... but bad enough.

I also have my share of complains about Kraken (I even posted it in their thread here years ago), mostly LIMIT orders not being fullfilled when the price clearly (and according to their own high/low price) was reached and crossed. But I have come to accept it as some sort of collateral damage for my trading profits there and the unavoidable fact that a good amount of my BTC were bought there so I will have to use them to withdraw to bank when the time comes. Of course, what I have currently there is reduced to the minimum and I won't send more BTC until the first batch safely reach my bank.

I don't trust any exchange anyways. But I know I am (almost) forced to use them.

And you do good voicing your concerns/complains. Maybe some day they (all exchanges) will be forced to higher "standards" of trust and best practice rules... Unfortunately we are not there yet and it is good people is fully aware of the risks.

On the other side, my opinion about Bitstamp is almost perfect. A pity they raised their trading fees to ridiculous levels.
legendary
Activity: 1652
Merit: 4393
Be a bank
Don't dox me bro. wtf
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Ok, side thought: If you saw this on a fashion runway, what would your first thought be:



Please God, don't say "Hey, they found my kink!"
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
sr. member
Activity: 1197
Merit: 482
Interesting outlook, seems to me the more important part is the deflationary aspect. What's the current cost of miners to produce a btc?
https://cointelegraph.com/news/binance-ceo-changpeng-zhao-says-bitcoin-halving-not-priced-in-yet
Quote
Zhao noted that an asset’s price is determined by demand, not the cost of production, but expects that miners will not be willing to sell below the price of production.


Here's an outdated chart, wonder what the current numbers are...

source: https://www.marketwatch.com/story/heres-how-much-it-costs-to-mine-a-single-bitcoin-in-your-country-2018-03-06
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot


Is Kraken any good?

fuck Kraken in their tentacled face

-froze our account with almost no notice

-ran us through pointless KYC hoops, "support" was clueless, might as well have been flipping burgers, did not seem to believe that mining was a real thing.

-after weeks of support circular logic and being trapped in trades now gone bad due to locked account they finally figured out that the reason was that they were dropping support for our jurisdiction...a major tech heavy US state.

lost a lot of money there

Did they simply took your money and just tell you to fuck off?? :-O

I was forced to convert the entire account to BTC at a significant loss in a tight timeframe to move it off the platform.

The timing of these events was...not good.

Had "support" not had their heads fully inserted and had told us what was up at the beginning I would have had weeks to trade out in an orderly fashion...but no.

Incompetence or malice?  With Kraken you get to take your pick.  tm


I have told the story several times here, so my apologies to anyone bored by its repetition, but this account is the only revenge I get in this situation.  I am never going to shut up about it.
sr. member
Activity: 1197
Merit: 482
Seems like central banks are doing everything they possibly can to avoid adopting bitcoin. At some point they'll cave and just use the solution already provided instead of trying to reinvent the wheel...
https://cointelegraph.com/news/brazilian-central-bank-promises-instant-payment-platform-to-compete-with-crypto
Quote
“Pix came from a need for people to have a payment instrument that is both cheap, fast, transparent and secure, If we think about what has happened in terms of the creation of Bitcoin, cryptocurrencies and other encrypted assets, it comes from the need to have an instrument with such characteristics."
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓


Is Kraken any good?

fuck Kraken in their tentacled face

-froze our account with almost no notice

-ran us through pointless KYC hoops, "support" was clueless, might as well have been flipping burgers, did not seem to believe that mining was a real thing.

-after weeks of support circular logic and being trapped in trades now gone bad due to locked account they finally figured out that the reason was that they were dropping support for our jurisdiction...a major tech heavy US state.

lost a lot of money there

Did they simply took your money and just tell you to fuck off?? :-O
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Lambie, I’m over 90% in the King.

I have my home & an apartment but if you don’t include them then I’m over 90% in bitcoin.
hero member
Activity: 994
Merit: 707
81 days to the Halvening and all is well.  Cheesy
hero member
Activity: 994
Merit: 707
Enough with this 1 to 10 percent.  10 percent should be the minimum a coiner invests in King Bitcoin.  Also long term winning for Bitcoin is guaranteed as long as humanity doesnt go extinct.

that was a joke, right?

if you cant afford the possibility for all your bitcoins value to drop to zero in an instant and just smile and say "well that was one helluva ride while it lasted" and just carry on like nothing happened (more or less) youre doing it very, very wrong.

EDIT: but if youre young i suppose ones outlook differs from those of us that are ancient and decrepit.


Absolutely not a joke.

10 percent invested in the King is conservative. Freeing humanity from money printing induced debt slavery is worth more than 10 percent of one's portfolio imho.

Most of the global populations investment portfolio consists of a bank account or mattress with some fiat in it. For them to invest less than 10 percent is highly unwise.  
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