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Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kirreev070
on 11/10/2018, 12:07:24 UTC
⭐ Merited by LFC_Bitcoin (1)

Wow a 15000BTC sale brings the price down for only several hundreds? Bullish!  Cool
That is exactly the amount sold from 6600 to 6200-ish in Bitfinex. The price looks stable for now, only 5% loss is no big drama. It looks more like a bear trap to me. Of course, I agree that this year so far was a bears shitshow. All these people clearly have little faith and patience (or at least they had before but lost it now). But sooner or later the selling bears will dissapear.  Let's hope this was the last bear selling at 6K range.  I clearly remember last year how many people sold thousands of bitcoins when the price was below 3K. Now it is a rare thing to see a sell above 1K. In the next years probably we will be talking of hundreds-bitcoin-whales, then tens-bitcoin-whales  Wink

In gloomy days like these, I try to imagine where the price will be in 3, 5, 10 years? There is no need to wreck my nerves by these short dips. If I just hold, I will become a millionaire way before my retirement. So, instead of selling, I prefer to buy moar bitcoins with my pathetic salary. Who knows, may be we will see new ATH sooner than expected.  I don't want to be on the wrong side when this happens.  Grin Yes, I have faith that I will see it and enjoy it with my full stash intact by these shakeouts!!!




I don’t really want to have to wait 10 years but I’m more than happy to sit on my coins & sell nothing for 5 years. I would be happy to see $50,000 per coin within 5 years & at that stage I’ll be happy to sell SOME.