Plus the higher we go, the more potential we have for early early adopters to start profit taking. Many missed out on the 2 hour window on April 10th and will want to make sure they get in on this.
Who are the early adopters? What makes you think they are looking for a selling opportunity?
Perhaps me and my friends are not early adopters but second class people, but I've heard from none of us that $1000 would prompt much selling.
Perhaps the really really early adopters such as sirius (second only to Satoshi) have already sold, like he sold in 2011 to buy an apartment.
The largest holders who both came in early and have not sold so far, are maybe not inclined to sell now any more than at any previous intermediate top.
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Only nonbelievers sell, and there are very few nonbelievers in the early adopters, who still have coins.
The new entrants of 2013 may sell after a quick 5- or 10-bagger, but then they would have already sold after a 100%, 50% or even 20%.
I actually believe that the
bubble intermediate top may form quite similarly as last time. When all "profit takers" have sold, then it really takes off. We are not even close to that yet. There will be much grinding in the mundane levels below $500, and then a stellar overshoot.