Do we all want Bitcoin to be a payment system? Do we want a future based on Bitcoin and decentralization? Do we want bitcoin to succeed? Why then do all the biggest Bitcoiners wait for a certain price to sell. Someone goes to a press conference and says that he is a bitcoiner and will not sell at a lower price of 100k or 500k or 1 million. If you want a bitcoin world, a bitcoin future and a payment system, why sell bitcoin at any price? And that's what people say at bitcoin press conferences
I think the reason people sell when there profit starts declining, there are many investors than bitcoin-ers and investors will sell when minimum to maximum profits is gotten or when minimum to maximum lose is slammed on them.
I can't remember the wallet I might have lost in it along the line, but I think in that wallet there i saw a tremendous amount of bitcoin and there was never a transfer of bitcoin outside the wallet, and there are other wallets like this, I think there are also wallet with humble amount of bitcoin but are still Bitcoin-er in the sense that they are not for any target price.