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Merits 3 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
SamReomo
on 14/02/2024, 19:24:22 UTC
⭐ Merited by LFC_Bitcoin (3)
@philipma1957, *maybe* I'll start selling a little bit at $80k, but that's just because I am always uncertain.  But, I'm not selling much at below $100,000.  The Hal Finney predictions of $1M+ make more sense now.
I guess Hal Finney's prediction is the best prediction about Bitcoin that someone could think off. I mean it's best if someone can hold their Bitcoin when it reaches $1M or $1m+ per coin but most people don't have that much patience. For such people who are in hurry to enjoy some profits from their holdings $100k seems a good value I believe.

But, surely the ones with more than 1 Bitcoin could sell some of their holdings at $80k as that's also a profitable value for them if they bought Bitcoin when it was cheaper. Even the ones who bought Bitcoin at $16k during the last bear market's dip can make some good profits if they sell their holdings at $80k. That's around a 4x profit for them which's kind of cool return on investment.