Post
Topic
Board Speculation
Re: is it time to start seriously talking about a $5000 BTC
by
bitebits
on 04/12/2016, 20:51:08 UTC
They will play you as well, because you'll be the one who sells too early when the price rocket goes into a phase transition run to ATHs. They will eventually do that after they done shaking weak hands out. Your stance can be characterized as another form of weak hand because of selling too soon into a bull run.

The first bubble to $1200 in 2013 was the first hump of the typical new technology invesment. The second major hump is the big enchilada and you should never sell except possibly to trade to altcoins to increase your BTC, if you are so inclined and are astute at such speculation.





Great graphs. Any bold prediction where we might be on the Amazon graph? I would say between 2002 and 2004.

[...]
We are climbing the wall of worry now. Everybody is still remembering the $1200 to $150 crash.
[...]

That is an interesting remark and point of view. There is definitely some truth in this and for some in retrospective painfully obvious.