Author

Topic: Bubble or new paradigm (exclusive to the 4 digit bitcoiners) (Read 950 times)

sr. member
Activity: 361
Merit: 250
Ah, a clever way to find out who has more than 1000 BTC...

To answer your question, read and decide for yourself.  Most 1000 BTC holders are beginning a slow cash-out process while those of us with less will start that process later.

And most of us do not believe that bitcoin (or at least the idea of a distributed cryptocurrency) will pop long-term.

Could you please explain one thing to me. As you know that most 1000 btc holder are beginning a slow cash out process, why would you start the process later ? Once they are done the price will be significantly lower....

Even if you don´t believe that it will not pop in the long term, why would you want to see your profits going down by 50% or more percent in the short term ? Afraid to miss the train ? You could miss the train going into the other direction as well.

No one ever went broke by taking profits
sr. member
Activity: 378
Merit: 255
Ah, a clever way to find out who has more than 1000 BTC...

To answer your question, read and decide for yourself.  Most 1000 BTC holders are beginning a slow cash-out process while those of us with less will start that process later.

And most of us do not believe that bitcoin (or at least the idea of a distributed cryptocurrency) will pop long-term.
hero member
Activity: 952
Merit: 1000
Only for 1000+ BTC ? This is discrimination!  Smiley

I voted with my few Bitcoins anyway because I value these as much as someone else his 1000+ BTC  Tongue
sr. member
Activity: 1078
Merit: 254
I dont know it seems like we may be in bubble territory, I am a young guy and didnt get to see the dot com and housing bubbles. When I got into bitcoin I knew it would go up regardless of its success because it had the fundamentals to be the worlds biggest bubble. Now, I am trying to understand is if this is a bubble or not (I believe in crypto but i do not know if/when/which one and the hurdles ,like government intervention that could kill price for a few years, we have to overcome for it to work). If this is a bubble is now the time to get out or has it just begun?
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