Quote from: stompix on Today at 08:25:32 AM

I would say that it doesn't matter temporarily or for the time being.

I can agree to that. Wink

Quote from: stompix on Today at 08:25:32 AM

Even the persons that hold, they hodl till a moment when the price becomes attractive to sell, I doubt that when BTC (big if!) hits 1 million too many will keep saying 1btc=1btc and more like 1 btc =5 lambos! Or rather than going through long explanations or scenarios, how about, "everything has a price". Grin

. There will always be either a price or a moment in life when everyone will simply say, f*& holding, I'm rich!

I think that the price has to be over (not just at) a certain level (which is different from person to person) for some time, to allow him sell.
I don't realistically expect one will sell $1M worth of BTC at once, just because the price is good. Getting that much fiat can be ... risky.
1M is another story. People's expectations/dreams may also depend on how much BTC they have.
But yes, here we're pretty much on the same page.

Quote from: stompix on Today at 08:25:32 AM

As for the newbies part, that's one of my biggest concerns when I'm entering bear mode.
If newbies get continuously scared by price dumps and they get fleeced in scams or pump and dumps schemes there is a moment when the inflow of users will start shrinking, and with a limited userbase there comes a limited fiat injection, and, you obviously can guess the end result.
That's why I'm always frowning and not cheering when I see talks about "weak hands/ cheap coins" and stuff like that.

Imho the 1 BTC = 1 BTC is meant to help them handle their fears.
Even "yay, more cheap coins to buy" is something I see as informative/useful for the newbies.