Bitcoin just interacted with its old all-time high | |
Anonymous Coward User ID: 79643003 Germany 11/30/2020 11:54 AM Report Abusive Post Report Copyright Violation | Electricity goes out from an EMP and the system could be abandoned where everyone has nothing. Quoting: Anonymous Coward 76799292 But then again, people have been trusting paper dollars with nothing backing them. 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 LJS
Forum Administrator 11/30/2020 11:56 AM Report Abusive Post Report Copyright Violation | Good chance we just made a double top. Quoting: President Elect LJS 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. double top.... ffs monthly close will be the highest in bitcoins history today That would be nice. I am primed to make bank either way. Double top and drop (buy back lower), or to the moon. highest monthly close was $13900 in Dec 17, so we already got that in the bag. Looking overbought on RSI. Just be careful, but do what is right for you. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
President Elect LJS
Forum Administrator 11/30/2020 11:59 AM Report Abusive Post Report Copyright Violation | 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" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward User ID: 77009457 United States 11/30/2020 12:08 PM Report Abusive Post Report Copyright Violation | |
General Thade
User ID: 41996781 United States 11/30/2020 12:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72714306 United States 11/30/2020 12:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78286955 South Africa 11/30/2020 12:22 PM Report Abusive Post Report Copyright Violation | Electricity goes out from an EMP and the system could be abandoned where everyone has nothing. Quoting: Anonymous Coward 76799292 But then again, people have been trusting paper dollars with nothing backing them. nope. Bitcoin code is in the svalbard vault (resembles the Arctic seed vault) and there are already satellites in space that support bitcoin |
Anonymous Coward User ID: 79700994 United Kingdom 11/30/2020 12:26 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77924824 United States 11/30/2020 12:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 3728973 Jordan 11/30/2020 12:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79580316 United Kingdom 11/30/2020 12:41 PM Report Abusive Post Report Copyright Violation | 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. Quoting: President Erect It has become indestructible already. And it is continuing to grow and become even more powerful. |
Anonymous Coward User ID: 77924824 United States 11/30/2020 12:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77924824 United States 11/30/2020 12:43 PM Report Abusive Post Report Copyright Violation | |
President Elect LJS
Forum Administrator 11/30/2020 12:43 PM Report Abusive Post Report Copyright Violation | 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 $$$ for those of us fortunate enough to get in near that price, but they will also dump when their sweet spot is hit. They are in this game to make bank, not build coin. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
President Elect LJS
Forum Administrator 11/30/2020 12:43 PM Report Abusive Post Report Copyright Violation | |
President Elect LJS
Forum Administrator 11/30/2020 12:44 PM Report Abusive Post Report Copyright Violation | Double tops are scary for that. Never go balls to the wall in either direction. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
Anonymous Coward User ID: 77924824 United States 11/30/2020 12:46 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78286955 South Africa 11/30/2020 01:41 PM Report Abusive Post Report Copyright Violation | I feel bad for people when the massive dump comes, it is going to destroy so many people’s finances. Quoting: General Thade As it moves into the upper 19s, we are seeing waves of selling. A lot may be people who have held since 2017, just trying to get whole. Also, understand institutions are involved now. This is a double edged sword. They will buy, when BTC hits a sweet spot for them, making $$$ 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. The legions of Chinese miners need to top up their balances |
Anonymous Coward User ID: 79338501 United States 11/30/2020 01:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 61665994 United States 11/30/2020 02:01 PM Report Abusive Post Report Copyright Violation | 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. 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. solar flare anyone? |
Anonymous Coward User ID: 79688242 United Kingdom 11/30/2020 02:02 PM Report Abusive Post Report Copyright Violation | t=475 [link to youtu.be (secure)] time to invest in guns n butter |
hwy_ho
User ID: 79450023 Canada 11/30/2020 02:04 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78286955 South Africa 11/30/2020 02:09 PM Report Abusive Post Report Copyright Violation | Is it true that 20% of the USD has been issued this year? And 60% since 2008? Quoting: Jutlander t=475 [link to youtu.be (secure)] time to invest in guns n butter Toilet paper rush incoming |
DRGONZO
User ID: 79702725 United States 11/30/2020 02:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79703556 Sweden 11/30/2020 02:12 PM Report Abusive Post Report Copyright Violation | 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. 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)] 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 Report Abusive Post Report Copyright Violation | One day all bitcoins ground breaking tech Quoting: hwy_ho 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 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 United States 11/30/2020 02:43 PM Report Abusive Post Report Copyright Violation | |
President Elect LJS
Forum Administrator 11/30/2020 02:50 PM Report Abusive Post Report Copyright Violation | For all the doubters, just Google bitcoin articles from 2007, 2010, 2015, 2019... Quoting: Anonymous Coward 62410360 Guess what? Every single time people would say crash, burn, not going anywhere. Pumps, dumps or whatever you say it's not going away! No, it is not going away. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
President Erect
(OP) User ID: 79703937 Germany 11/30/2020 03:29 PM Report Abusive Post Report Copyright Violation | 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 User ID: 77886642 United Kingdom 11/30/2020 03:41 PM Report Abusive Post Report Copyright Violation | 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? |