Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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December 01, 2020, 01:05:10 PM |
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noooooo not that waaaayyy. the other waaaaaaayyyyyyy
Honeybadger
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soullyG
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December 01, 2020, 01:07:55 PM |
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Yep, longs getting rekt
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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December 01, 2020, 01:14:16 PM |
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I feel sorry for Mindrust, he made himself legendary by selling during the Covid crash at $4000. Price rebounded practically to a new ATH and lost a fortune.
This fail will hunt him for the rest of his live.
Hope he bought some BTC back and start posting here again.
Even I will buy more soon. I am holding for couple years now. İt's never too late.
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dragonvslinux
Legendary
Offline
Activity: 1666
Merit: 2204
Crypto Swap Exchange
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December 01, 2020, 01:14:22 PM |
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Price on Coinbase finally made an ATH today, $19,915, $25 above previous all time high, after Bitstamp achieving a new ATH yesterday. This is however the second time on the 4hr chart that price has been rejected by new ATH levels, so it may take longer to consolidate current highs. Strong support remains between $17.8-18.2K. Above this support zone, price remains bullish.Well that didn't take long to confirm the rejection! No need to panic imo, as referenced above, price still remains bullish at support despite the sell-off:
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lightfoot
Legendary
Offline
Activity: 3108
Merit: 2240
I fix broken miners. And make holes in teeth :-)
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December 01, 2020, 01:15:21 PM |
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Oh cool, sale on bitcoin this morning!
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bitcoinvest
Legendary
Offline
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
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December 01, 2020, 01:25:34 PM |
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Can someone help me, from what website is this screenshot ?
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soullyG
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December 01, 2020, 01:26:22 PM |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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December 01, 2020, 01:34:01 PM |
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Yep, longs getting rekt so it is those clueless fucking leveraged bitmex boys that cause those dumps/squeezes. getting squeezed out of a long position on ath when price will be 25k soon is stupid beyond any imagination. they were right but lost it due to greed and stupidity.
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Lambie Slayer
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December 01, 2020, 01:46:56 PM |
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Beartards trying to dump hard, but even if they get it to 16k it wont matter because Bargain Boyz will load the trucks. Wake me up at 30k for Christmas .
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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December 01, 2020, 01:54:22 PM |
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I think I can, I think I can, I think I can. Boompph. Ouch... I think I can, I think I can, I think I can. Boompph. Ouch... I think I can, I think I can, I think I can. Boompph. Ouch... One of these times it's gonna make it over.
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psycodad
Legendary
Offline
Activity: 1608
Merit: 1591
精神分析的爸
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December 01, 2020, 01:57:30 PM Merited by vapourminer (1) |
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Fuck you I’m nothing like you my helicopter will be pink
Shit, now I gotta redesign the T-shirts Make mine with nipple flaps please wait. we have to wear clothing to the helicopter party? AFAIK only masks are mandatory. A good point actually, nipples must be accessible at all ATH times, either proper nipple flaps or not wearing a shirt at all (though the stylish hodler wears flaps): I predict from 100k upwards open crotch pants will become a thing too.
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bitcoinPsycho
Legendary
Online
Activity: 2492
Merit: 2136
$120000 in 2024 Confirmed
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 01, 2020, 02:16:46 PM |
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Don't forget what Hal Finney predicted more than ten years ago, or rather his napkin math calculation. (TLDR = $10m USD / BTC) Still, that's going to take a few more years (perhaps another decade.)
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vapourminer
Legendary
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Activity: 4340
Merit: 3561
what is this "brake pedal" you speak of?
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December 01, 2020, 02:42:20 PM |
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wonder what price ill wake up to. might have to break my tradition of not checking the price till after ive caught up on the WO.
well apparently i was rich when i started reading the WO this morning (5 pages behind or so) but by the time i caught up and actually checked the price im poor again. maybe rich by noon? so just another day for the honeybadger really.
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rdbase
Legendary
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Activity: 2884
Merit: 1504
Join the world-leading crypto sportsbook NOW!
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December 01, 2020, 02:46:14 PM |
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wonder what price ill wake up to. might have to break my tradition of not checking the price till after ive caught up on the WO.
well apparently i was rich when i started reading the WO this morning (5 pages behind or so) but by the time i caught up im poor again. maybe rich by noon? so just another day for the honeybadger really. The crypto rich go by what they read off of WO. Didn't you know?! I think I can, I think I can, I think I can. Boompph. Ouch... I think I can, I think I can, I think I can. Boompph. Ouch... I think I can, I think I can, I think I can. Boompph. Ouch... One of these times it's gonna make it over. It's just like watching the duel of the fates ~ BTC trying to make it's ATH for the 50th time in the past 48 hours.
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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December 01, 2020, 02:47:38 PM |
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Don't forget what Hal Finney predicted more than ten years ago, or rather his napkin math calculation. (TLDR = $10m USD / BTC) Still, that's going to take a few more years (perhaps another decade.)
I came to $3M / BTC after a quick calculation (roughly $60 Trillion divided by 21 million) while pondering the idea of GBTC buying more BTC daily than mined daily. On the latter: if that's the case and we are truly in a new phase where there is relentless and relatively price agnostic buying on a continued basis above daily coin production, the question is simply: => at what point are HOLDlers willing to start parting with their coins? I don't know how I could gauge that or make an educated guess on where that level would be. My gut reaction would be that $50k would make a few large holdlers nervous and that $100k can be expected to be a big 'cash out' (=redistribute) moment. If anyone has a better scientific approach to this, let that person step forward.
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Phil_S
Legendary
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Activity: 2093
Merit: 1467
We choose to go to the moon
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December 01, 2020, 02:53:04 PM |
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Don't forget what Hal Finney predicted more than ten years ago, or rather his napkin math calculation. (TLDR = $10m USD / BTC) Still, that's going to take a few more years (perhaps another decade.)
Not a prediction, more like top limit estimate: the ceiling that bitcoin price cannot reach.
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bitebits
Legendary
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Activity: 2212
Merit: 3199
Flippin' burgers since 1163.
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December 01, 2020, 02:54:11 PM |
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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December 01, 2020, 03:15:40 PM |
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Looks like no matter how hard they dump, it goes only up. When 20k is broken, all hell will broken lose.
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lightfoot
Legendary
Offline
Activity: 3108
Merit: 2240
I fix broken miners. And make holes in teeth :-)
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December 01, 2020, 03:18:38 PM |
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Yep, back to 19300 or so. While one might say sale over.........
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