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Why are you hoping people sell something at this level? Why does it matter? If you're interested in protecting the masses from a ponzi-scheme, you're basically
by Permit 14y ago
Why are you hoping people sell something at this level? Why does it matter? If you're interested in protecting the masses from a ponzi-scheme, you're basically just saying "Those holding Bitcoins currently should get out, but other people should get in". For every seller there is a buyer.
Unless you have technical advice you'd be interested in sharing about where the price might head?
- niggler 14y ago"Why are you hoping people sell something at this level?" It's generic advice that applies to everything that's possibly in a bubble (like penny stock pumping). By sacrificing some of the potential upside, you allow yourself the ability to weather any potential drop (even if became worthless in the near future). ' "Those holding Bitcoins currently should get out, but other people should get in".' I neither think that those holding BTC should entirely get out (hence "something" and not "everything") nor do I think others should get in. I'm not a timer and, especially given the fact that its $141 right now, I think it's a fool's game to pick the top and the bottom (so it makes sense to sell a little as the price runs)