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Bitcoin just interacted with its old all-time high

 
Anonymous Coward
User ID: 79643003
Germany
11/30/2020 11:54 AM
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Re: Bitcoin just interacted with its old all-time high
Electricity goes out from an EMP and the system could be abandoned where everyone has nothing.

But then again, people have been trusting paper dollars with nothing backing them.
 Quoting: Anonymous Coward 76799292


nope. Bitcoin code is in the svalbard vault (resembles the Arctic seed vault) and there are already satellites in space that support bitcoin
President Elect LJSModerator
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11/30/2020 11:56 AM

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Re: Bitcoin just interacted with its old all-time high
Good chance we just made a double top.

Be careful.

On cryptos, I am currently 50% in/50% in cash. Hedging either way.

I hope we moon, but really think we are primed for a pullback in the $14K-$15K range. Then another attempt a at a move up to maybe $18, then a pull back to the CME gap at around $8K, before a sustained move to new highs this summer.

Then again, shit going on in the world could impact this in any direction.

Just be cautious not to FOMO and get slammed.
 Quoting: President Elect LJS


double top.... ffs

monthly close will be the highest in bitcoins history today
 Quoting: Anonymous Coward 79643003


That would be nice.

I am primed to make bank either way. Double top and drop (buy back lower), or to the moon.
 Quoting: President Elect LJS


highest monthly close was $13900 in Dec 17, so we already got that in the bag.
 Quoting: Anonymous Coward 79643003


Looking overbought on RSI. Just be careful, but do what is right for you.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
President Elect LJSModerator
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11/30/2020 11:59 AM

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Re: Bitcoin just interacted with its old all-time high
If we open and close a daily candle above $20K, I will slip some more in, because it will make a run up -- people FOMOing. Will keep some hard stops in profit on the run up.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
Anonymous Coward
User ID: 77009457
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11/30/2020 12:08 PM
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Re: Bitcoin just interacted with its old all-time high
Jump in on Doge coin while it’s low.
General Thade

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11/30/2020 12:13 PM
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Re: Bitcoin just interacted with its old all-time high
I feel bad for people when the massive dump comes, it is going to destroy so many people’s finances.
Anonymous Coward
User ID: 72714306
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11/30/2020 12:17 PM
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Re: Bitcoin just interacted with its old all-time high
Cointards are the lowliest form of parasites.
Anonymous Coward
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11/30/2020 12:22 PM
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Re: Bitcoin just interacted with its old all-time high
Electricity goes out from an EMP and the system could be abandoned where everyone has nothing.

But then again, people have been trusting paper dollars with nothing backing them.
 Quoting: Anonymous Coward 76799292


nope. Bitcoin code is in the svalbard vault (resembles the Arctic seed vault) and there are already satellites in space that support bitcoin
 Quoting: Anonymous Coward 79643003


tyrone1
Anonymous Coward
User ID: 79700994
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11/30/2020 12:26 PM
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Re: Bitcoin just interacted with its old all-time high
Bro we are in an expanded flat correction. I’ve said this for over a year calling exactly this. It will break all time high by a few thousand and then allll the way back down to 7-8 k range
Anonymous Coward
User ID: 77924824
United States
11/30/2020 12:38 PM
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Re: Bitcoin just interacted with its old all-time high
time to buy in with my stimulus check!???
5a
 Quoting: Jutlander


Golden rule #1 Never buy into resistance.

Golden rule #2 Buy low, sell high.
 Quoting: President Erect


Oops
Anonymous Coward
User ID: 3728973
Jordan
11/30/2020 12:39 PM
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Re: Bitcoin just interacted with its old all-time high
You obviously don't understand the importance of a double top.
 Quoting: Anonymous Coward 79481831


Last time I sold a double top, BTC went 10x up. LOL
Anonymous Coward
User ID: 79580316
United Kingdom
11/30/2020 12:41 PM
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Re: Bitcoin just interacted with its old all-time high
Bitcoin is an autonomous distributed planetwide artificial organism that has made a contract with mankind: It exploits our greed, it gives us money and in return we feed it with ever growing computational power which it needs to exist and grow even more powerful.

It has become indestructible already. And it is continuing to grow and become even more powerful.
 Quoting: President Erect


scream

sealsealsealwhip
Anonymous Coward
User ID: 77924824
United States
11/30/2020 12:42 PM
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Re: Bitcoin just interacted with its old all-time high
Switch to numiere if btc drops?
Anonymous Coward
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11/30/2020 12:43 PM
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Re: Bitcoin just interacted with its old all-time high
You obviously don't understand the importance of a double top.
 Quoting: Anonymous Coward 79481831


Last time I sold a double top, BTC went 10x up. LOL
 Quoting: Anonymous Coward 3728973


Double tops are scary for that.
President Elect LJSModerator
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11/30/2020 12:43 PM

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Re: Bitcoin just interacted with its old all-time high
I feel bad for people when the massive dump comes, it is going to destroy so many people’s finances.
 Quoting: General Thade


As it moves into the upper 19s, we are seeing waves of selling. A lot may be people who have held since 2017, just trying to get whole.

Also, understand institutions are involved now. This is a double edged sword. They will buy, when BTC hits a sweet spot for them, making $$$ for those of us fortunate enough to get in near that price, but they will also dump when their sweet spot is hit. They are in this game to make bank, not build coin.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
President Elect LJSModerator
Forum Administrator

11/30/2020 12:43 PM

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Re: Bitcoin just interacted with its old all-time high
Cointards are the lowliest form of parasites.
 Quoting: Anonymous Coward 72714306


Thank you. Wanna smooch?
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
President Elect LJSModerator
Forum Administrator

11/30/2020 12:44 PM

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Re: Bitcoin just interacted with its old all-time high
You obviously don't understand the importance of a double top.
 Quoting: Anonymous Coward 79481831


Last time I sold a double top, BTC went 10x up. LOL
 Quoting: Anonymous Coward 3728973


Double tops are scary for that.
 Quoting: Anonymous Coward 77924824


Never go balls to the wall in either direction.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
Anonymous Coward
User ID: 77924824
United States
11/30/2020 12:46 PM
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Re: Bitcoin just interacted with its old all-time high
Anonymous Coward
User ID: 78286955
11/30/2020 01:41 PM
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Re: Bitcoin just interacted with its old all-time high
I feel bad for people when the massive dump comes, it is going to destroy so many people’s finances.
 Quoting: General Thade


As it moves into the upper 19s, we are seeing waves of selling. A lot may be people who have held since 2017, just trying to get whole.

Also, understand institutions are involved now. This is a double edged sword. They will buy, when BTC hits a sweet spot for them, making $$$ for those of us fortunate enough to get in near that price, but they will also dump when their sweet spot is hit. They are in this game to make bank, not build coin.
 Quoting: President Elect LJS


The legions of Chinese miners need to top up their balances
Anonymous Coward
User ID: 79338501
United States
11/30/2020 01:49 PM
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Re: Bitcoin just interacted with its old all-time high
Bro we are in an expanded flat correction. I’ve said this for over a year calling exactly this. It will break all time high by a few thousand and then allll the way back down to 7-8 k range
 Quoting: Anonymous Coward 79700994


Glad to see someone here knows what they are talking about.
Anonymous Coward
User ID: 61665994
United States
11/30/2020 02:01 PM
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Re: Bitcoin just interacted with its old all-time high
Electricity goes out from an EMP and the system could be abandoned where everyone has nothing.
 Quoting: Anonymous Coward 76799292


This would need to be a planetwide EMP that destroys every hdd with a copy of the blockchain in existence. If even one of them survives it will not be dead.

And the individual wallets themselves can be offline. Mine is written down on a piece of paper, hidden behind the wall of a house whose location I will not disclose.
 Quoting: President Erect


Not even that:

The Canada-based blockchain company announced in May that it had upgraded its satellite network that carries the Bitcoin blockchain for the first time since 2018.

The Bitcoin blockchain is even backupped in space.
 Quoting: LostRabbit


solar flare anyone?
Jutlander

User ID: 79688242
United Kingdom
11/30/2020 02:02 PM
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Re: Bitcoin just interacted with its old all-time high
Is it true that 20% of the USD has been issued this year? And 60% since 2008?

t=475



[link to youtu.be (secure)]



time to invest in guns n butter

Last Edited by Soma7 on 11/30/2020 02:02 PM
hwy_ho

User ID: 79450023
Canada
11/30/2020 02:04 PM
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Re: Bitcoin just interacted with its old all-time high
One day all bitcoins ground breaking tech

Will become government property

All because at the top of bitcoins pyramid

It's deepstate controled

Till then I will always kick myself in the ass. For not buying in at 2.30
Anonymous Coward
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11/30/2020 02:09 PM
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Re: Bitcoin just interacted with its old all-time high
Is it true that 20% of the USD has been issued this year? And 60% since 2008?

t=475



[link to youtu.be (secure)]



time to invest in guns n butter
 Quoting: Jutlander


Toilet paper rush incoming
DRGONZO

User ID: 79702725
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11/30/2020 02:11 PM
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Re: Bitcoin just interacted with its old all-time high
And for ALL those who called BTC And crypto in general "Tulips"

Well folks; "Tulips" didnt reach All time highs AGAIN...after the bubble burst.

BTC just did

You're welcome.
Anonymous Coward
User ID: 79703556
Sweden
11/30/2020 02:12 PM
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Re: Bitcoin just interacted with its old all-time high
You obviously don't understand the importance of a double top.
 Quoting: Anonymous Coward 79481831


This is not a double top. I have been trading for 15+ years and this market feels super bullish. It radiates pure bullishness if I have ever felt that radiating from a price chart right into my face, this is how it feels. Expect a break of the ath before the year is over.
 Quoting: President Erect


Then you must suck as a trader.
Any trader that talks about "feels" is not a technical analyst. And it IS a double top. Idiot.

[link to www.investopedia.com (secure)]
 Quoting: Anonymous Coward 79481831


it's only a double top if it breaks support, which it ran up so quickly, where is the new support? $16,200? It has to break $16,200 to be considered a double top
Anonymous Coward
User ID: 79703556
Sweden
11/30/2020 02:17 PM
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Re: Bitcoin just interacted with its old all-time high
One day all bitcoins ground breaking tech

Will become government property

All because at the top of bitcoins pyramid

It's deepstate controled

Till then I will always kick myself in the ass. For not buying in at 2.30
 Quoting: hwy_ho



I wouldn't be surprised if the deep state got rekt trading BTC. This isn't theirs, it is ours.
Anonymous Coward
User ID: 62410360
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11/30/2020 02:43 PM
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Re: Bitcoin just interacted with its old all-time high
For all the doubters, just Google bitcoin articles from 2007, 2010, 2015, 2019...

Guess what? Every single time people would say crash, burn, not going anywhere.

Pumps, dumps or whatever you say it's not going away!
President Elect LJSModerator
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11/30/2020 02:50 PM

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Re: Bitcoin just interacted with its old all-time high
For all the doubters, just Google bitcoin articles from 2007, 2010, 2015, 2019...

Guess what? Every single time people would say crash, burn, not going anywhere.

Pumps, dumps or whatever you say it's not going away!
 Quoting: Anonymous Coward 62410360


No, it is not going away.
Fate whispers to the warrior

"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

INTJ:
Independent, original, analytical, and determined. Have an exceptional ability to turn theories into solid plans of action. Highly value knowledge, competence, and structure. Driven to derive meaning from their visions. Long-range thinkers. Have very high standards for their performance, and the performance of others. Natural leaders, but will follow if they trust existing leaders.

Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Follow. But! Follow only if ye be men of valor! For the entrance to this cave is guarded by a creature so foul, so cruel, that no man yet has fought with it... and lived! BONES of full fifty men lie *strewn* about its lair! So! Brave knights! If you do doubt your courage or your strength, come no further, for death awaits you all with nasty, big, pointy teeth...

KillerBunnyMask
President Erect  (OP)

User ID: 79703937
Germany
11/30/2020 03:29 PM
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Re: Bitcoin just interacted with its old all-time high
We could easily go to 200-300k next year and in retrospect that would look like a totally expected continuation of the trend:

[link to www.tradingview.com (secure)]

It could bounce back to the green line and take until 2021 until it finally breaks but when it breaks we will be in 6-figure-territory almost guaranteed. The large 3-year triangle has already been broken (after the covid anomaly did not manage to kill it), so this is hyper bullish.

Last Edited by President Erect on 11/30/2020 03:38 PM
Anonymous Coward
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11/30/2020 03:41 PM
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Re: Bitcoin just interacted with its old all-time high
Just in case you didn't yet look at the chart today. It bounced a little bit, it did not yet break it. But to me it looks overall promising.
 Quoting: President Erect


took long enough.. i was there the first time watching the live charts and it went mental gigantic bounces and rebounds then the long decline down... This time it wont be as extreme, but just how less extreme i dont know since i dont follow the charts anymore.

What do you think it will stabilize at?





GLP