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Topic: So how many of you are going to sell to rich Wall street tycoons? - page 2. (Read 1084 times)

legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
Although ETF approved, i don't think prices will continue to rise even if the price increases, but I sure will not be as fast as is widely predicted by bitcoin users.
legendary
Activity: 868
Merit: 1006
Let's say this whole ETF thing gets approved... and the big guns gets entry into Bitcoin. I speculate that most of you will be selling your bitcoin

before the price reach $2000 per Bitcoin. The majority of bitcoin  owners will sell out to Wall street giants, when the price reach these levels. I

think greed will win out over principle....  Roll Eyes

I hope the true Bitcoiners will hold out until we see prices near $10 000 per Bitcoin in the future. Do not sell ALL your bitcoins, when the price

hits $2000 ..... hoard some for the future, when the price will be $10 000 and more.  Wink

I will sell some, just to reward myself for being this patient.... but there will always be some bitcoins in cold storage for the future.  Grin

Let's hope for the best.  Roll Eyes

One of the reasons why 21 BTC holders (and above 21) will be rich in the future, it's precisely because the fact that most people will sell along the way.

It will be increasingly less common than people holding 21 BTC+ will not have sold at such succulent prices.

It will not be clear until a decade or two, when 21 BTC people are rich and don't need to work a day in their life again, that selling was always a mistake.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
$2000 is peanuts. $10,000 is less peanuts but still not enough to get my watery sap rising. I plan on spending it, not selling it.
donator
Activity: 1617
Merit: 1012
Sell? I'm actually going to buy some ETF with useless cash that's currently sitting in my IRA.
staff
Activity: 3500
Merit: 6152
If It reaches 2,000$ this year then I don't see why It can't reach any other price. I consider people who will sell If the scenario you said happens as "weak hands" and the Wall Street guys as "real investors" who would actually see the real potentials on bitcoin so yeah why not, I have no problem seeing people selling at that price, I know I will keep mine and enjoy watching the price going to the moon and seeing the regrets of weak hands after that.
legendary
Activity: 1904
Merit: 1074
Let's say this whole ETF thing gets approved... and the big guns gets entry into Bitcoin. I speculate that most of you will be selling your bitcoin

before the price reach $2000 per Bitcoin. The majority of bitcoin  owners will sell out to Wall street giants, when the price reach these levels. I

think greed will win out over principle....  Roll Eyes

I hope the true Bitcoiners will hold out until we see prices near $10 000 per Bitcoin in the future. Do not sell ALL your bitcoins, when the price

hits $2000 ..... hoard some for the future, when the price will be $10 000 and more.  Wink

I will sell some, just to reward myself for being this patient.... but there will always be some bitcoins in cold storage for the future.  Grin

Let's hope for the best.  Roll Eyes
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