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I’ve noticed coinbase Bitcoin withdrawals times on coinbase have noticeably increased in recent years

Bitcoin Reddit

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I get the gut feeling coinbase needs these extended times and they will increase as BTC becomes harder to obtain , it’s my opinion there is not enough BTC on these exchanges and they’re actually desperately short of this priceless asset . The piling on of shit coins recently also stinks of desperation. I get the distinct feeling that when BTC starts drastically climbing in price, beyond what these exchanges deemed feasible we will see withdrawals temporarily halted .

There should be a push from this community to get people to move THEIR bitcoin of these exchanges , I’m not an exchange hater they have been highly valuable to me but it seems pretty obvious at some point the penny will drop and there will be a rush to remove Bitcoin into a truly owned wallet .

Maybe I’m wrong , but I can already see the future posts on coinbase Reddit “ Bitcoin withdrawal pending for 2 weeks ? “ “ does coinbase actually have enough Bitcoin “ “ Coinbase where is my Bitcoin “ “ so do I actually own BTC or is it an IOU ? “

Thoughts?

Oh and I think that the Winklevoss twins , I think that one of them not sure which understands very well this idea about BTC being the only one that counts , I’m sure they have heated debates about it arguments even , there is to put it bluntly and crassly a good and evil twin , that’s a drastic simplification but one of them knows the truth .

How much Bitcoin does Coinbase actually hold ?

Edit - my current BTC withdrawal has been pending for 1 HOUR

Edit - it’s now arrived , but mark my words

submitted by /u/Ok-Desk9513
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