Quote from: Kemarit on Today at 12:45:59 AM

Quote from: thecodebear on August 17, 2020, 04:49:30 PM

Two questions (just for fun, don't need comments about how nobody can predict the top or about how let's just focus on the next price movement):

1. How high and when do you think the price will peak at during the current market cycle, meaning before the next 2014/2015 or 2018 type bear market?

$50,000 to 6 digits.

Quote from: thecodebear on August 17, 2020, 04:49:30 PM

2. What is your selling plan for any long term bitcoin you are holding? Gradual selling? A single sell target - what is it? Just gonna see how things play out? Or maybe you plan on holding more long term and don't even plan on taking advantage of the market cycle.

6 digits minimum.

Quote from: thecodebear on August 17, 2020, 04:49:30 PM

Personally my guess would be the market tops out somewhere between $80k and $120k in late 2022, but just to be a bit safer I'm currently planning on starting to sell a little bit in the $50,000's, selling a bunch more in the 60k's and 70k's, probably only having a little bit left by $80k assuming it goes that high, and saving one Bitcoin for $100k just so I can say I sold at 6 digits in case it goes that high. But basically the vast majority I plan on selling between $60k and $80k which I'm perfectly happy with even if that ends up being several tens of thousand of dollar below the peak.

I know some people think it'll only go to $30k and some people think it'll go to $300k, so I'd be interested in your selling plan based on whatever prediction you have for this market cycle.

I maybe dreaming of seeing the price hitting $100,000 at least in the next bubble, but then again early 2017, the highest prediction that I've seen in this community is $5000. But obviously, it was eclipses by many folds x4. So with some conservative estimates of $30,000 for most users, then I will go with the same hindsight that it will go on another x4 and could probably see 6 digits 2021-2022.

Yeah like I'm super surprised by these $30k predictions. I figure those people must be new to bitcoin because there is no way you've been through a bitcoin bull run before and think this next one is only going to go up 50% over the last one haha. I think for most people who have been around for a while we understand that $100k is the main target for this market cycle, it may or may not hit it, but it's a reasonable prediction and the peak will likely fall relatively close to it. So yeah your 4x of the lowball predictions is a good system I guess haha.