Quote from: RoadStress on September 07, 2014, 12:16:10 AM

Quote from: JayJuanGee on September 06, 2014, 11:48:58 PM

Quote from: RoadStress on September 06, 2014, 07:46:12 PM

Quote from: rpietila on September 06, 2014, 07:22:51 AM

This is September. Last September I sold BTC2000+. Now,

"I will not sell 2000 BTC this month. I will not sell 2000 BTC this month. I will not sell 2000 BTC this month."

Grin

Please sell so we can have another liftoff! Please sell so we can have another liftoff! Please sell so we can have another liftoff!

Why not sacrifice 2k BTC for a bigger wealth? I would If I had at least 4k BTC!

One of the ONLY reasons to sell 2k BTC at this time, for a large BTC holder, would be to attempt to manipulate BTC prices downward, which should NOT be something that some one like Rpietilla should be suggesting as a possibility.. In this case, his aspiration would likely be to buy in at a lower price and then to have 2400 BTC rather than 2000 BTC... good for him (if it works) , but NOT good for the many smaller time holders who do NOT have such manipulation abilities..

Some may suggest that 2000BTC is NOT enough to downwardly manipulate the market, and that could be correct - except to the extent that there may be some coordinating with other dumps or dumpers.

You didn't get it. When he sold 2kBTC last year the price went to the moon. I want to repeat the same experience this year too.

If that is what you want to believe that he meant, then that is your choice. I do recognize that as a possible reading, and maybe that was his intent...

I sufficiently understand the circumstances around Rpietila's sale last year.... Prices had been hovering around $100 all summer, and then he sold 2K btc at $600-ish... half way to the top rather than at the top.

I think that it would be fair if he was suggesting that BTC prices could skyrocket at any moment but that he was exercise additional self-restraint to make sure that he does NOT sell too early... I actually have NO real problem with big holders taking profits as the price raises and attempting to find the top.. those are signs of a healthy market and healthy investor behaviors... just that different people are going to conclude differently regarding their estimates of the top.