Bitcoin is Falling...Is it Panic Time? - page 86.

Seeker01

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Quote from: cramcram21 on June 27, 2017, 08:28:43 AM

Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

Yes this is true, we all know that the price of bitcoin/altcoins are really volatile so what do you expect when you do trading, its up and down of the price, and i think $1,800 is too much for bitcoin to fall it might be $2,000 and surely will bounce back when it hit its support level, so theres no time for panic, just accumulate more btc and enjoy the profit later on.

Question123

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As of now the price bitcoin decrease at 2500 dollare and I think that the right time to buy bitcoin because nextfor sure the bitcoin price will increase again for sure it will increase again . Because halving is near and for sure the price will increase. So hurry up buy bitcoin and enjoy later profit. More bitcoin more money ,hold it , keep it for the future.

conected

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Quote from: fullypak on June 27, 2017, 08:24:05 AM

Quote from: pacifista on June 27, 2017, 08:01:49 AM

Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

There is a chance that below 1800$ will create a panic, but on the other hand,what if bitcoin stays above 2000$. Panic has no room when bitcoin is above 2000$ price.

I think the price will not go under $2000 last time also it went near to $2k and after it increased so this time, also this may repeat it is my prediction. But I can not say 100% that the price will not go under $2k our bad luck it may go down. But now only don't get panic let's wait for 2 or 3 months.

- Yes, i also think like you, price of Bitcoin will not go back below $ 2,000 because I think its price has stabilized above $ 2,000, want it down to $ 2,000 again is very difficult unless it falls into the worst of situations and everybody panics to sell it but I think this will not happen. The price of bitcoin drops sharply is something I see very often and it always waits when we get depressed and want to quit it, it will increase suddenly and unexpectedly, so I believe in the next few weeks, it will rise again and reach $ 3,000 again

Bee Leb07

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Quote from: Basmic on June 27, 2017, 07:59:41 AM

Panic never contributes to making the right decisions. I think the panic was provoked by the whales who are looking for any opportunity to buy coins at a low price. Exercise patience and you will be rewarded. Panic does not benefit anyone except speculators.

I agree with you totally. Panic doesn't bring any good or any benefit. And in fact, there can be many ups and downs in Bitcoin. But, for this reason, there is no meaning to panic. Now, it is falling. After some days, it will rise again. So, keep your patience up and wait for the price rising. So, i think it is nothing to be worried.

richminded

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Not just bitcoin are falling but a most of the coins, but for me no need to be on panic because every time the price of the btc fall it will surely bounce back and sometime make a new all time high. we must be more optimistic and wait patiently, theres a major price correction right before the segwit, just watch and hold.

cramcram21

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Nope I think it is just normal fluctuation of bitcoin,
I would only panic if it ever goes down below $1,800 again.

fullypak

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Quote from: pacifista on June 27, 2017, 08:01:49 AM

Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

There is a chance that below 1800$ will create a panic, but on the other hand,what if bitcoin stays above 2000$. Panic has no room when bitcoin is above 2000$ price.

I think the price will not go under $2000 last time also it went near to $2k and after it increased so this time, also this may repeat it is my prediction. But I can not say 100% that the price will not go under $2k our bad luck it may go down. But now only don't get panic let's wait for 2 or 3 months.

pacifista

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Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

There is a chance that below 1800$ will create a panic, but on the other hand,what if bitcoin stays above 2000$. Panic has no room when bitcoin is above 2000$ price.

Basmic

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Panic never contributes to making the right decisions. I think the panic was provoked by the whales who are looking for any opportunity to buy coins at a low price. Exercise patience and you will be rewarded. Panic does not benefit anyone except speculators.

nethan1btc

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Quote from: Sniper150 on June 27, 2017, 07:11:51 AM

Quote from: romero121 on June 16, 2017, 12:01:33 AM

Bitcoin price fall and increase are common, every time during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have the patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencing a drop and only very few are in the price pumping.

Don't panic when its price falling down. It is normal because as what you have said this is a type of digital coin so that the tendency is the rise and fall of it. We don't have to worry when its price goes down because there is a big profit if its price rises again. Of course, patience is very important because if you don't have it, it will lead you to a bad mood. Don't sell your bitcoin if its price was falling instead, wait again until its price goes up. It is the big impact when the price fell down. This is the big possibility for you to have a big profit. There is a great reward that awaits.

Stay brave because the fall of price is not yet the end of every dreams of bitcoin but rather an opportunity to grab. I know you already sell your holdings by the time price hits a good mark last few months ago, but the remaining bitcoin you had still there in your wallet storage; holding it for few days more. No worries about price fluctuations as it decreases for more reasons of dumpings from investors, and price will climb up higher again after that fall so you should be patience of waiting a good price in the future to reach to the top.

Sniper150

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Quote from: romero121 on June 16, 2017, 12:01:33 AM

Bitcoin price fall and increase are common, every time during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have the patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencing a drop and only very few are in the price pumping.

Don't panic when its price falling down. It is normal because as what you have said this is a type of digital coin so that the tendency is the rise and fall of it. We don't have to worry when its price goes down because there is a big profit if its price rises again. Of course, patience is very important because if you don't have it, it will lead you to a bad mood. Don't sell your bitcoin if its price was falling instead, wait again until its price goes up. It is the big impact when the price fell down. This is the big possibility for you to have a big profit. There is a great reward that awaits.

SamsungBitcoin

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Quote from: bitcoinisbest on June 27, 2017, 03:45:03 AM

Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

Panic actually starts when it falls below 2000$ then it will be a free downfall. If the btc prices does not start to get stabilized or start rising a bit above 2500$ it will not be a good news for investors. Unless some good global economic news comes this may boost the prices to rise for now.

Sometimes if most of the users do panic selling of bitcoin the rest of users who keep their bitcoin they are the one was benefited because everytime that happen the value starts to increase so high due to increasing of demand. But me everytime i see good profit im not hesitate to sell my bitcoin becuase of active fluctuating of value right now.

ASHLIUSZ

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Quote from: bitcoinisbest on June 27, 2017, 03:45:03 AM

Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

Panic actually starts when it falls below 2000$ then it will be a free downfall. If the btc prices does not start to get stabilized or start rising a bit above 2500$ it will not be a good news for investors. Unless some good global economic news comes this may boost the prices to rise for now.

Panic selling haven't got started yet, but somewhere around the digital currency community panic selling has been going on. This too is an reason for the price drop and increase causing minor fluctuations. The same will cause a major fall if the price same manner go below $2000. Because all of a sudden people try to sell feeling that they miss the chance of selling high.

aesma

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Quote from: streazight on June 24, 2017, 11:00:41 PM

Quote from: geegaw on June 23, 2017, 08:28:24 AM

Quote from: serjent05 on June 23, 2017, 04:10:12 AM

I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out. AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash. Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct. Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.

Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.

I hope so but this is also a truth that what if the prices fall again ?
From the recent price fall I was just shocked that everything was absolutely fine and there was no suitable reasons for the prices to go down still the prices fall down and it really was a hard time for the small investors.

If such things kept on going with the bitcoin I am afraid that the people will lose trusting the Bitcoin. I am wish such an incident never happen in the future but who knows.

There may not be a reason for the crash, but was there a reason for the rally/bubble before it ? Not really. So it's not that surprising. The "real world" stock market is like that too. Many factors can explain why a stock goes up or down, but in a crash or in a bubble, everything goes up or everything goes down, without a rational reason.

bitcoinisbest

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Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

Panic actually starts when it falls below 2000$ then it will be a free downfall. If the btc prices does not start to get stabilized or start rising a bit above 2500$ it will not be a good news for investors. Unless some good global economic news comes this may boost the prices to rise for now.

BCTBF

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Quote from: susila_bai on June 27, 2017, 03:24:01 AM

Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

I dont think that the price will go below $2k for bitcoin and then we will see the price bouncing above $3k in short time. Dont worry of this dump just think of buying opportunity.

Yes maybe $2k would be the lowest price and probably would not be lower than $2k, and this is a chance to buy. Stay calm and always positive thinking, do not panic with this dump.

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Quote from: HarringtonStark on June 27, 2017, 03:01:29 AM

Price drops are an opportunity to buy bitcoins and sell them when the price climbs up again

Definitely, we can take advantage of the free money given by the weak hands, they easily panic that's why they are a victim of the price volatility of bitcoin. I want to buy more but I only have a limited money for trading now since bulk of my exposure are in to long term, but if given a chance I would definitely buy without hesitation.

susila_bai

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Quote from: ?? on ??

I think it will be a panic time once bitcoins price will slump below 1800

I dont think that the price will go below $2k for bitcoin and then we will see the price bouncing above $3k in short time. Dont worry of this dump just think of buying opportunity.

HarringtonStark

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Price drops are an opportunity to buy bitcoins and sell them when the price climbs up again

itsallpc

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Quote from: iamTom123 on June 15, 2017, 10:33:33 PM

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

Certainly,newbies would get panic on seeing such drops and immediately they would try to sell their bitcoins which would be only beneficial to big whales.Well,i am not a newbie and i have seen lots of ups and downs in bitcoin history.So,i don't even care about such fluctuations and i will continue to hold bitcoin on a long term basis.

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