Unfortunately I have sold some of my coins yesterday. Not much fortunately but just sold them because:
1. I may re-buy if the price goes down significantly
2. If the price never goes down then I will invest it in real estate.
I am observing the price movement from last few days. It feels good that your coin value against fiat (valueless printed papers) is getting better and better. The pressure of buying is higher and some of us selling in it.
I have lost some of my coins in this trend of course. If I had x bitcoin now I have x - 1 coin. Like me there are bitcoiners who are cashing out more or less. 2017 gave us some lesson.
But is there a new lesson which is waiting for us?
Imagine someone or an institute or a group of institutions or agency who are allowed to print papers (money) as much as they can and putting all in the bitcoin market. Coins are going to their wallet until the last few left.
I hope this is not the lesson we will learn in the future. I hope all we have our coins in our own wallet and in the future we all live in a bitcoin ecosystem.
I think governement/institutions will not do such negligible act in order to hoard bitcoin just to snatch money from retailers. It is not sustainable and economically feasible which the point being is from government perspective. That is why most institutions buying bitcoin and make it as their current reserved assets or backed their company's resources from inflation because they see issues on political side which may impact their business operations.
In addition, the amount of bitcoun transfer hasn't change from the observable millions as these txs are made responsibly by certain institutions playing inside bitcoin market. Government only intervene if it can disrupt current financial system like what happened to LIBRA of facebook - which had proven data breaches and data exposures on most of its users...