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Question: Is the "bear market" over?
Yes - 46 (41.1%)
No - we need to sweep the low again - 24 (21.4%)
No - we need to set a new low first - 26 (23.2%)
No - other (explain below) - 16 (14.3%)
Total Voters: 112

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 27077301 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
yefi
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December 15, 2020, 01:12:36 PM

"...filed a draft rehabilitation plan."  We already knew that it would happen today, right?.. Nothing new then.

Not really. On the four previous occasions that the plan was to be submitted a postponement was announced instead (26 April 2019 to 28 October 2019 to 25 March 2020 to 15th October 2020 to today).

Quote
"...determine whether to proceed with the rehabilitation".  Is that a conditional sentence?? So it may or may not happen..

It has to be approved by the court and then voted on by creditors before distribution. It is by no means over yet, but it is a definite step forward.
LFC_Bitcoin
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December 15, 2020, 01:31:49 PM
Merited by JayJuanGee (1)

"bitcoin is about to blast through all time highs"

"what?"

"bitcoin is on the brink of a major move upwards, followed by an entire year of possible upside up to several 100k"

"ok, sell, sell, before it goes up! sell!!!1!!!"

 Roll Eyes

Some people just aren’t made for obscene wealth & high opulence Wink
AlcoHoDL
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December 15, 2020, 01:40:21 PM

Some people just aren’t made for obscene wealth & high opulence Wink

Opulence. Learned a new word today (English is not my mother tongue).

I like its meaning too, although I'm not so much into luxuriousness. Yet.

I think we're going to like the price @ 1/1/2021.

Edit: Based on PlanB's graph, we'll be closer to $100k around Q3 2021.
cAPSLOCK
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December 15, 2020, 02:12:20 PM

I just want the two of you to know that I love you with all my heart.

xhomerx10
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December 15, 2020, 02:21:02 PM
Merited by El duderino_ (2)

Participating in the pump experiment Smiley

hv_
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Clean Code and Scale


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December 15, 2020, 02:22:18 PM

I just want the two of you to know that I love you with all my heart.



watching price and walls is not investing, so why ?
AlcoHoDL
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December 15, 2020, 02:28:56 PM

I just want the two of you to know that I love you with all my heart.



I bet one of them is so proud of herself.
And the other eats duck in a UK pub.
FullNode
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December 15, 2020, 02:30:24 PM

Quote
FIS Partners with Quontic Bank to Power Industry-First Bitcoin Rewards Checking Account
Key facts

Checking account will allow holders to earn reward points based in Bitcoin when using the new debit card.
Quontic is using the FIS Digital One solution to provide a mobile app with a leading-edge digital experience.

With this announcement, the New York-based digital bank becomes the first FDIC insured financial institution in the U.S. to go live with a Bitcoin Rewards debit card, which allows holders to earn 1.5% Bitcoin back on eligible debit card purchases.
https://www.businesswire.com/news/home/20201215005739/en
Phil_S
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December 15, 2020, 02:54:12 PM

Looks like it's hard to break 19400 and stay above it...

Even with Christmas Card magic.
Karartma1
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December 15, 2020, 03:00:34 PM

There must be a kind of spell over 20k. Maybe if over 9k was Vegeta then over 20k will be like Goku vs Freeza when the saiyan got his nice blonde haircut.
And then every level afterward will be easier and easier to reach.
Sorry if I'm being a kid. Grin
https://www.youtube.com/watch?v=rMrgSp6WGmc
GbitG
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December 15, 2020, 03:00:52 PM

Looks like it's hard to break 19400 and stay above it...

Even with Christmas Card magic.
We have to wait for some better because right now some good resistance on this $19400.
philipma1957
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December 15, 2020, 03:01:44 PM
Merited by El duderino_ (4), JayJuanGee (1)

I just want the two of you to know that I love you with all my heart.



I am honest so whomever the two of you are go fuck yourselves!



Just kidding as I know you two may have been just having some fun.


I picked this week.

My miners viewpoint is we have not yet caught up to the pre 1/2ing. 11k last year is about 20k this year.

the 2019 july 13k+ price was a bit to good for a miner and fell back.

for us to reach that july 2019 price we need to be at 26k-30k today now at this diff.

we simply are not there.

the good thing about sideways move is it lets miners consolidate gear.

traders are going to trade trade trade.

hodlers can buy small pieces and hodl hodl hodl.

The longer we go sideways the greater chance of a large uptick.

go back a few months we went sideways for sixty days around 12k than went up to a ath.

so sideways at 19x is a good thing.

I can see us move to 28k in Jan .
hossamdz
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December 15, 2020, 03:40:33 PM
Merited by bitcoinermatt (5), philipma1957 (3)




is that a cup and handle forming there guys or im just dreaming ?

4H CHART
Dabs
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December 15, 2020, 04:06:26 PM

"bitcoin is about to blast through all time highs"

"what?"

"bitcoin is on the brink of a major move upwards, followed by an entire year of possible upside up to several 100k"

"ok, sell, sell, before it goes up! sell!!!1!!!"

 Roll Eyes

If it breaks 19500, then its just a little bit more to 20k. After that, one more final push beyond 21k and it's going up.

BTW, did you get my message?
JimboToronto
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December 15, 2020, 04:14:30 PM
Merited by Toxic2040 (1), bkbirge (1)

Good morning Bitcoinland.

Still bouncing along in the $18xxx range... currently $19355USD/$24666CAD (Bitcoinaverage).

Coiling, getting ready to surge past $20k. Hopefully soon.

Go Bitcoin go.




is that a cup and handle forming there guys or im just dreaming ?

4H CHART


It's TA so it's like tea leaf readings or astrology.

It's whatever you want it to be.
El duderino_
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December 15, 2020, 04:23:01 PM

I just want the two of you to know that I love you with all my heart.



Ssssjjj let them troll for the few days, hours, minutes, seconds they have left to troll
Paashaas
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December 15, 2020, 05:14:30 PM
Merited by bkbirge (1)

Wekkel
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yes


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December 15, 2020, 05:43:09 PM
Merited by Toxic2040 (1)

https://ibb.co/yykMR8M][img]https://i.ibb.co/MV1jhRj/2020-12-15-163347.png

is that a cup and handle forming there guys or im just dreaming ?

4H CHART


To me it looks like pressure building up against the $20k line. Once it blasts through, it will be epic.
soullyG
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December 15, 2020, 05:56:37 PM
Last edit: December 15, 2020, 07:39:47 PM by soullyG
Merited by JayJuanGee (1)

Sovryn launches on RSK Bitcoin side-chain - De-fi crypto exchange and yield farming, with the security of corn behind it. I'm still a bit wary of this till it's been battle tested, but it's interesting nonetheless.

Quote
Sovryn is a Bitcoin Layer 2 technology, leveraging the capabilities of the RSK Bitcoin sidechain.

Sovryn provides native and noncustodial trading and lending of BTC. Users can trade long or short with up to five times leverage and enable holders of BTC, USDT and the Dollar on Chain (DOC) stablecoin to earn interest by lending their assets. They can also take advantage of low-cost, low slippage swaps between BTC, USDT and DOC using the Sovryn decentralized exchange with automated market-makers.
https://finance.yahoo.com/news/sovryn-raises-2-1m-launches-150000614.html

https://cointelegraph.com/news/sovryn-launches-complete-suite-for-bitcoin-defi-on-rsk
ElBinBit
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December 15, 2020, 05:58:57 PM

Participating in the pump experiment Smiley

Unbridled fun when BTC lower 20k...

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