That wall on bitfinex looks like Mount Everest
Do you mean the wall of 2,029BTC for sale at $3650? That's a little over $7million. Do you think that it will get eaten or pulled? Or do you think that it is going to cause the price to go down?
Sometimes those kinds of walls are reverse indicators, but I agree that 2k coins at these prices does add up to a lot of value.
2000 coins? JJG......are you selling your hoard?
I probably would not be hanging out with you guys, here in these threads, if I were to have anything approaching 2k in coins.... but maybe it is possible that I would still be hanging out here? Never say never.
Now you got me fantasizing, RJC,... see what you did?
There are probably several folks in this thread with more than 10 coins.. but I know that some folks here have even struggled to accumulate and to hang onto 10 coins.... so yeah, what would be a realistic threshold in something like 5 years? Could we realistically consider that 10 coins would be enough to put HODLers into millionaire status in terms of their coins in 5 years?
Currently I am thinking that kind of a price is possible (that is about a 28x increase from this price point), but surely we have BTC price forces pushing in both directions.
Can we shoot for $100k value coins for 2022/2023, please?
And, then if we reach $100k value in coins by 2022/2023, then how many folks here are going to sell too many of their coins along the way UP?
So, o.k.... Maybe guys (and gal) here need to have close to 20 coins now, in order to maintain 10 coins by the time BTC prices reach $100k in 2022/2023?
Are we good with that? Does such a price rise seem somewhat plausible and realistic under current conditions and current foundational principles? Maybe 20% or so odds of such a price point in such a timeline?