Quote from: xalex on November 04, 2013, 09:45:14 AM

Quote from: rpietila on November 04, 2013, 09:15:01 AM

Quote from: windjc on November 04, 2013, 08:52:41 AM

Plus the higher we go, the more potential we have for early early adopters to start profit taking. Many missed out on the 2 hour window on April 10th and will want to make sure they get in on this.

Who are the early adopters? What makes you think they are looking for a selling opportunity?

Perhaps me and my friends are not early adopters but second class people, but I've heard from none of us that $1000 would prompt much selling.

Perhaps the really really early adopters such as sirius (second only to Satoshi) have already sold, like he sold in 2011 to buy an apartment.

The largest holders who both came in early and have not sold so far, are maybe not inclined to sell now any more than at any previous intermediate top.

=>
Only nonbelievers sell, and there are very few nonbelievers in the early adopters, who still have coins.

The new entrants of 2013 may sell after a quick 5- or 10-bagger, but then they would have already sold after a 100%, 50% or even 20%.

I actually believe that the ~~bubble~~ intermediate top may form quite similarly as last time. When all "profit takers" have sold, then it really takes off. We are not even close to that yet. There will be much grinding in the mundane levels below $500, and then a stellar overshoot.

Some say i am an early adopter, perhaps i am. In my view everyone adopting it today still is.
Anyway, i rarely reply on the forums. But i had to tell you i am actually trading some precious BTC for Euro's at a certain point. A while ago i read the paper, traded some Euro's for BTC (had to drive to the other side of the country to do so), and stored it on a paper wallet on a good location (i can't even reach it alone). I wrote down the percentage of my BTC i would trade back to Euro's when it's value equaled the value of a nice house in my country. I don't want to trade these BTC, but i have to, else my investment will no longer be based on logic but on emotional trading in a wild market.

So, yes, gradually selling some BTC at a certain fixed minimal price as an "early adopter". Yet not nearly as much to make a huge dent in the overall BTC trust.

-xalex

As I suspect some might.