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Topic: Cashing out.... - page 2. (Read 5532 times)

legendary
Activity: 1218
Merit: 1007
February 02, 2017, 09:28:18 AM
#95
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

you should do that thing if you got an accurate forecast of the bitcoin price and it would be much better if you're going to sell your bitcoins if it's going to drop and if it's surely happen, since the last three days I didn't see any drop even a bit . anyway you don't need to panic, it's normal that the price will drop a little bit and it will surely go back with a much higher value .

Come on dude, OP might have already settled his things back after he sold his coins. He said that he thought that he would sell, but nobody knows whether he did or not. If he took action, he must be in some profit currently, profit of gaining some extra coins at lower rates with the opportunity to sell them back higher and if he didn't, it still doesn't make any difference as the price is still high and he will still be making something out of his coins.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
February 02, 2017, 09:22:47 AM
#94
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...
Price went from $900 to $980 since OP created this topic.
Price may fall again, but I really doubt that will be for lower level than $900
OP must be crying now, or decided don't look back, so no risk to see that the price increased
I thought we were heading for a drop too when the transaction volume dipped as low as it did after China stopped margin trading and zero fees. I am not sure what to make of this right now.

the mentality of thinking that bitcoin price could have fallen because of Chinese exchange volume drop comes from years of spreading FUD and saying bitcoin price is affected by China most of all. which is a wrong mentality and it will start to change as time passes.

the recent events proved that China has never been big in bitcoin world.

i would love to see what OP has to say now too.

It wasn't just the China volume, it was trading volume across the board that dropped. It was the total drop that had me concerned. Right now, everything looks good.

first of all you are making mistake by comparing the volume of stable price time (stable at 916-918) with volume of volatile time (going from 780 to 1166 and back to 800 etc) this is obviously going to be a huge drop in volume when price becomes stable.

also Chinese volume dropped from 5 billion dollar to 1 million dollar that is a huge drop.

but bitfinex went from 6-7 million to 2 million dollar (a perfectly normal drop because of stability)
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 02, 2017, 08:59:26 AM
#93
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

you should do that thing if you got an accurate forecast of the bitcoin price and it would be much better if you're going to sell your bitcoins if it's going to drop and if it's surely happen, since the last three days I didn't see any drop even a bit . anyway you don't need to panic, it's normal that the price will drop a little bit and it will surely go back with a much higher value .
legendary
Activity: 1330
Merit: 1009
February 02, 2017, 08:55:11 AM
#92
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...

Price went from $900 to $980 since OP created this topic.

Price may fall again, but I really doubt that will be for lower level than $900

OP must be crying now, or decided don't look back, so no risk to see that the price increased

It could've just easily went from 900 to 810. You win some, you lose some. Day trading wears me out, so I just tend to buy dips and sell when I have big profit margins.
sr. member
Activity: 454
Merit: 250
February 02, 2017, 08:53:10 AM
#91
The FUD due to the Chinese regulatory agencies on exchanges proved to be something temporary, just as I was speculating a few days ago. In the end, this is something that has no impact on most people who use and trade Bitcoin, because there are few who use bots in comparison to the number of ordinary users.
sr. member
Activity: 268
Merit: 250
February 02, 2017, 08:13:47 AM
#90
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...
Price went from $900 to $980 since OP created this topic.
Price may fall again, but I really doubt that will be for lower level than $900
OP must be crying now, or decided don't look back, so no risk to see that the price increased
I thought we were heading for a drop too when the transaction volume dipped as low as it did after China stopped margin trading and zero fees. I am not sure what to make of this right now.

the mentality of thinking that bitcoin price could have fallen because of Chinese exchange volume drop comes from years of spreading FUD and saying bitcoin price is affected by China most of all. which is a wrong mentality and it will start to change as time passes.

the recent events proved that China has never been big in bitcoin world.

i would love to see what OP has to say now too.

It wasn't just the China volume, it was trading volume across the board that dropped. It was the total drop that had me concerned. Right now, everything looks good.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
February 02, 2017, 08:06:12 AM
#89
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?
Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...
Price went from $900 to $980 since OP created this topic.
Price may fall again, but I really doubt that will be for lower level than $900
OP must be crying now, or decided don't look back, so no risk to see that the price increased
I thought we were heading for a drop too when the transaction volume dipped as low as it did after China stopped margin trading and zero fees. I am not sure what to make of this right now.

the mentality of thinking that bitcoin price could have fallen because of Chinese exchange volume drop comes from years of spreading FUD and saying bitcoin price is affected by China most of all. which is a wrong mentality and it will start to change as time passes.

the recent events proved that China has never been big in bitcoin world.

i would love to see what OP has to say now too.
sr. member
Activity: 268
Merit: 250
February 02, 2017, 07:02:16 AM
#88
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...

Price went from $900 to $980 since OP created this topic.

Price may fall again, but I really doubt that will be for lower level than $900

OP must be crying now, or decided don't look back, so no risk to see that the price increased

I thought we were heading for a drop too when the transaction volume dipped as low as it did after China stopped margin trading and zero fees. I am not sure what to make of this right now.
legendary
Activity: 1162
Merit: 1000
February 01, 2017, 11:13:03 PM
#87
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...

Price went from $900 to $980 since OP created this topic.

Price may fall again, but I really doubt that will be for lower level than $900

OP must be crying now, or decided don't look back, so no risk to see that the price increased
sr. member
Activity: 268
Merit: 250
February 01, 2017, 11:06:24 PM
#86
Kinda feel the price will drop quite a bit, will probably cash out and buy back in after the dust has settled... The chinese  exchange fees look like its going to be a bubble popping but just my opinion... But why the insane mempool size?

Has the OP been back since he made this post? I would like to know if he still feels the price will drop quite a bit? I got mixed feelings atm...
legendary
Activity: 2898
Merit: 1823
February 01, 2017, 10:04:49 PM
#85
The market is very fickle. The minute the OP decided to "cashout" the market thought to spite him and show everyone that the rise to above $1000 is not over yet. So what now to those who decided to hold fiat? Did you get back in or are you getting jittery again because you think you might be left behind again?

The best strategy for Bitcoin is "buy the dips".
hero member
Activity: 840
Merit: 502
February 01, 2017, 09:35:17 PM
#84
I don’t see the signs that we are in the middle of a bubble that already ended a few weeks ago it seem this price is going to be the new baseline for a while unless a new hack happens or something that affect the price.
Since fake volume created by margin trading is now mostly gone it will be hard to see steep upward trends aka bubbles from now on.
Highly automated trading is gone too - because there is no more trading with no fees. What I expect to see is slow price increase and less volatility.

 I would love to see this. I think it would be good for Bitcon too, I'm personally more attracted to a steady price increase then sudden jerks up and down. Furthermore, I think for outsiders  this "legitimizes" Bitcoin if they were to see it gain like 2% in price a month vs a jump to like 50% with then a sudden crash to 24%.
I remember seeing one thread where a member calculated since the creation of bitcoin, bitcoin has appreciated in value about 6% per month which is fantastic if we compare it to any other investment.
sr. member
Activity: 294
Merit: 250
January 31, 2017, 07:38:51 AM
#83
Bitcoin is far away from any bubble pop now. It's predictable future for bitcoin, cause this currency hasn't inflation and growing up with high temps. The danger of the bubble piping will be on the price around 10000$ and today bitcoin is still in the most beginning of it's story. So don't scare people without a reason, please.
copper member
Activity: 1050
Merit: 500
January 31, 2017, 06:14:03 AM
#82
I don’t see the signs that we are in the middle of a bubble that already ended a few weeks ago it seem this price is going to be the new baseline for a while unless a new hack happens or something that affect the price.
Since fake volume created by margin trading is now mostly gone it will be hard to see steep upward trends aka bubbles from now on.
Highly automated trading is gone too - because there is no more trading with no fees. What I expect to see is slow price increase and less volatility.

 I would love to see this. I think it would be good for Bitcon too, I'm personally more attracted to a steady price increase then sudden jerks up and down. Furthermore, I think for outsiders  this "legitimizes" Bitcoin if they were to see it gain like 2% in price a month vs a jump to like 50% with then a sudden crash to 24%.

Same here  I prefer a steady price increase than sudden spike.  Sudden spike brings harm than good.  Anyway  I think the price wont crash anytime soon.  It had been moving sideways for several days now with little fluctuation.  I wonder if bear had already take over.
legendary
Activity: 2898
Merit: 1823
January 30, 2017, 10:41:45 PM
#81
I see there are Bitcoiners here getting very jittery and they might be anticipating a market crash or something. The answer might not be to "cash out". You can get of both world by doing short selling. Short sell Bitcoin and profit from the fall if you think that is where it is going. The end result for you would be more Bitcoins.
legendary
Activity: 1330
Merit: 1009
January 30, 2017, 10:33:56 PM
#80
I don’t see the signs that we are in the middle of a bubble that already ended a few weeks ago it seem this price is going to be the new baseline for a while unless a new hack happens or something that affect the price.
Since fake volume created by margin trading is now mostly gone it will be hard to see steep upward trends aka bubbles from now on.
Highly automated trading is gone too - because there is no more trading with no fees. What I expect to see is slow price increase and less volatility.

 I would love to see this. I think it would be good for Bitcon too, I'm personally more attracted to a steady price increase then sudden jerks up and down. Furthermore, I think for outsiders  this "legitimizes" Bitcoin if they were to see it gain like 2% in price a month vs a jump to like 50% with then a sudden crash to 24%.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
January 30, 2017, 10:22:49 PM
#79
BTW, the drop in price we are seeing now is just Chinese traders selling some of BTC to celebrate Chinese New Year.
Price is not falling, there is no conspiracy behind this minor decline. After day or two we should see upward trend coming back.


Oh so that was the reason of minor dump in recent prices of the bitcoins. By the way Whats exactly is the date of Chinese New year ?
For cashing out bitcoins, i am not interested and will be keeping them save for long term.

The first day of Chinese New Year 2017 is 28 January and it will last until 15 February 2018.
Their New Years Day always falls on the new moon between 21 January and 20 February.
2017 is the year of the Rooster.

its good to see that in chinese new year which is 28 january, the bitcoin price is not going to down for deep and the price is somewhere around in up to $900. and if we want to cashing out, then i think this time is a good time to make money but in other choice is we can still hold our bitcoin for another increasing the price.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
January 30, 2017, 10:17:47 PM
#78
Bitcoin market is crazy but current price is totally undervalued, 1 mBTC costing less than 1 dollar is crazy for a currency with only 16 million units issued
it is around $.90 . bitcoin has only hundred thousands if not millions of active nodes so far AFAIK. if the bitcoin is being popular, 1 mbtc could be worth as as much as today's two.
sr. member
Activity: 330
Merit: 250
Silverlink
January 30, 2017, 09:41:15 PM
#77
Bitcoin market is crazy but current price is totally undervalued, 1 mBTC costing less than 1 dollar is crazy for a currency with only 16 million units issued
legendary
Activity: 1862
Merit: 1004
January 30, 2017, 09:36:06 PM
#76
I don’t see the signs that we are in the middle of a bubble that already ended a few weeks ago it seem this price is going to be the new baseline for a while unless a new hack happens or something that affect the price.
Since fake volume created by margin trading is now mostly gone it will be hard to see steep upward trends aka bubbles from now on.
Highly automated trading is gone too - because there is no more trading with no fees. What I expect to see is slow price increase and less volatility.
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