Quote from: tiggytomb on November 17, 2017, 10:07:31 PM

Quote from: rommelzkie on November 16, 2017, 10:45:36 PM

I cant believe this

bitcoin is about to reach 8000 USD

The recovery is too fast. and there is a high chance for 10,000 USD by end of this year.

$10,000 by the end of the year will be a historic moment in bitcoin. At that level I think it would be hard for the average person not to sell a chunk of the stack.

Most people would be looking to just lock in some profits at that point, I don't think there is anything significantly different for the average joe to realize from such an event other than their specific asset becoming worth a lot. But you never know, the power of greed may overcome a portion of folks and everyone might continue to hoard more of it as they see the price going up constantly. I would think most people would consider selling during downturns rather than selling at a high point like that.

I'll retain my position of saying that $10k by the end of the year is unlikely, but I will never say that it is impossible.