Post
Topic
Board Economics
Re: Curious. At what BTC price would you capitulate?
by
jeihjeih
on 18/10/2018, 04:47:28 UTC
Thought it hasn't been asked this way before. The question is actually quite loaded.

it depends when you bought, or if you're playing on the house. i haven't put money into bitcoin since early 2013 and i've taken far more out than i put in. so i don't have the same pain points as people who bought into last year's bubble.

i'd like to say i'd go down with the ship, but it's probably not true. maybe somewhere sub-$1000, if we were consistently holding below previous bubble highs, long term. but the nature of capitulation is such that you can't find an accurate answer this way. capitulation is highly emotional; it's the opposite of a well-planned stop-loss.

I agree that it varies. This is why I'm curious what the poll will show and whether this will indicate what is the short/long term movements in our prices.