Quote from: ravenjt on August 14, 2017, 02:39:22 PM

This is a question for speculators, not hodlers.
Hodlers never sell!!!

Speculators - what is your selling price? When will you take profits in this price spike, if you haven't already?

I think the price is rising much faster than many think, and will easily be over 5k by Friday.
My guess is 8k is the peak, before a significant correction (perhaps taking it down as far as 2k, based on past volatility).
So by that reasoning, and given the severe volatility likely at the peak, I reckon sell at 6k in this price spike.

What do others think?

If you think $8K is the peak, than why sell at $6k? as you will lose another $2K, huge amount to miss. At least you should sell maybe around $7800.
Your words mean, you are not sure whether bitcoin could reach $8K before it get corrected, I am not either.
My best prediction is bitcoin will continue to rise after segwit be activated, and keep going to reach more than $5k or $6K.
I guess, this rally will stop on November when segwit2x hard fork or chain split will happen, that's the time when people start to withdraw their funds to save it, before buy back maybe at $2200 but I am not sure if it can be less than $2K.