Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
serveria.com
on 15/10/2021, 15:02:43 UTC
Where are we heading to? 2017/18 we were expecting 10k to hardly break and then we shot to 20k. This time we have big players in the game who probably gonna take profits earlier?

I think I will start to sell 1% now, 2% at 60k€, 3% at 70k€ and so on. 2013 I was a newbie. 2017 I fell for the "you never sell Bitcoin" talk and seen it dumping 80%. This time wanna take profits.

Wrong. Quote: 2017/18 we were expecting 10k to hardly break and then we shot to 20k.  

So what are you expecting this time? If $100k then you're probably right. As to me, $200k is a minimum price I expect. So no selling below $100k.  Cool

I am expecting 200k as well as minimum. But as I said, we have different players in the game. I do not tend to trust rich people. So I would not wonder if for example Michael Saylor would dump all his coins on us while telling us that Bitcoin is the future etc. See what Musk did. Even though that was a favor long term.

But you really believe it that Saylor can/will sell his coins below $100k? It's vice versa actually: billionaires are smarter than most people (ok on average) they can see it coming, billionaires don't take meager profits, billionaires don't need FIAT money they have boatloads of filthy fiat etc etc... so if he's going to sell it's not gonna happen soon. Bitcoin is a hedge, you don't have to convert it to fiat. Instead, you should convert fiat to Bitcoin....  Cool