Don't fall for the chinese scammers trying to make you panic sell - page 2.

RoommateAgreement

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Bazinga!

Quote from: agustina2 on January 25, 2017, 10:44:52 AM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

Investors and traders care for the profit so even they know what the is latest trend and the effect of it to the current price decrease, they are securing the profits rather than to hold it for long. They can back again anytime once the price went to decrease again so no worries for them if they will take out for now and entered later.

Only those long term bitcoin holders will not be dragged by this even the price went down much more. That's the spirit in their optimitism about the big price increase that will in bitcoin someday.

i wouldn't call it optimism, it is -in most cases- a good study of bitcoin and its future and then investing as long term strategy. and i have to say in the past 8 years this strategy was successful since the price has been rising ever since and the pumps like mtgox or the halving pumps were a good chance for others to get in and those who were in to make some profit and buy again.

agustina2

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

Investors and traders care for the profit so even they know what the is latest trend and the effect of it to the current price decrease, they are securing the profits rather than to hold it for long. They can back again anytime once the price went to decrease again so no worries for them if they will take out for now and entered later.

Only those long term bitcoin holders will not be dragged by this even the price went down much more. That's the spirit in their optimitism about the big price increase that will in bitcoin someday.

BTCLovingDude

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BTC to the moon is inevitable...

Quote from: cellard on January 25, 2017, 09:55:50 AM

Quote from: dhampir-D on January 25, 2017, 09:08:31 AM

Quote from: burner2014 on January 20, 2017, 08:57:01 AM

Quote from: ged00u on January 20, 2017, 03:26:18 AM

Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher.

Now that you've talked about panic selling, I think part of the recent sell-off is certainly related to it, because the end of these types of operationss in exchanges that do not use fees is probably something that will bring benefits to Bitcoin in the long run, and people who know Bitcoin very well know that this will not affect the use of it.

What me and a lot of other people has noticed is that chinese regulations cause market crashes, which then get quickly bought up again. The first market crash was the worst one, right now is not as bad anymore, but it's clear that it's still something seen as somewhat negative even tho it's actually good.. the first one was a lot of expected market correction too tho, not only any related news. The priced had to correct, it was climbing too fast in a couple of days.

so maybe you and lot of other people start having this also as a possibility that Chinese regulation or anything else Chinese related has no effect but the news of it affects the price instead. which means traders are taking advantage of the situation to create panic and sell their coins high and buy them back after the end of panic period with a huge profit.

cellard

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Quote from: dhampir-D on January 25, 2017, 09:08:31 AM

Quote from: burner2014 on January 20, 2017, 08:57:01 AM

Quote from: ged00u on January 20, 2017, 03:26:18 AM

Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher.

Now that you've talked about panic selling, I think part of the recent sell-off is certainly related to it, because the end of these types of operationss in exchanges that do not use fees is probably something that will bring benefits to Bitcoin in the long run, and people who know Bitcoin very well know that this will not affect the use of it.

What me and a lot of other people has noticed is that chinese regulations cause market crashes, which then get quickly bought up again. The first market crash was the worst one, right now is not as bad anymore, but it's clear that it's still something seen as somewhat negative even tho it's actually good.. the first one was a lot of expected market correction too tho, not only any related news. The priced had to correct, it was climbing too fast in a couple of days.

dhampir-D

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Quote from: burner2014 on January 20, 2017, 08:57:01 AM

Quote from: ged00u on January 20, 2017, 03:26:18 AM

Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher.

Now that you've talked about panic selling, I think part of the recent sell-off is certainly related to it, because the end of these types of operationss in exchanges that do not use fees is probably something that will bring benefits to Bitcoin in the long run, and people who know Bitcoin very well know that this will not affect the use of it.

jakelyson

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The usual victims of these FUD gimmicks are those very new in bitcoin or very new in trading. Those who are not yet used to the volatile nature of bitcoin will think that it is crashing when it drops 100 or 200 dollars down. They will panic and sell at loss. But those who have been here long enough will take those dips as an advantage to pump their bitcoins. Bad news will always happen, FUD will always be there. But if you know that the technology backing bitcoin is solid, you will not fear those news. But instead take advantage of the weak hands selling their bitcoins.

Tanic

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Quote from: HaXX0R1337 on January 22, 2017, 06:18:23 PM

Quote from: Tanic on January 22, 2017, 05:56:51 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

I have no idea about how they can make the price for bitcoin to go down. Can you explain the technology of this speculation to me with some short and simple words?

Imagine you invested a large sum of money into bitcoin and remember it is not regulated by the government and suddenly you hear that restrictions will be put on bitcoin transactions what you will do is sell the coins and convert it to fiat to avoid further troubles and that is what happened .

Well, I think that I would get scared of such kind news and chosed the first variant that you have suggested for my bitcoins. But as I get from your words it's all just speculation and I don't need to believe in everything that I read about bitcoin here.

BitMaxz

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Quote from: Tanic on January 22, 2017, 05:56:51 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

I have no idea about how they can make the price for bitcoin to go down. Can you explain the technology of this speculation to me with some short and simple words?

I think fake news about the chinese issue before when the price was $1100 and people are panic sell because of thinking that the biggest bitcoin farm will be close. i really don't know if this is the real reason why the price was decreases due to bad news. well its not a problem i think because bitcoin still pushing up again and i think the could be increase again back in that value..
We can not say its scam but you know bitcoin holders always afraid to lose that is why they are selling bitcoin first so that they will not lose and if you are late you will lose instead of making profit..

HaXX0R1337

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Quote from: Tanic on January 22, 2017, 05:56:51 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

I have no idea about how they can make the price for bitcoin to go down. Can you explain the technology of this speculation to me with some short and simple words?

Imagine you invested a large sum of money into bitcoin and remember it is not regulated by the government and suddenly you hear that restrictions will be put on bitcoin transactions what you will do is sell the coins and convert it to fiat to avoid further troubles and that is what happened .

Tanic

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

I have no idea about how they can make the price for bitcoin to go down. Can you explain the technology of this speculation to me with some short and simple words?

BillyBobZorton

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OP is right again. Chinamen are back at it with the regulation news, and traders use it to create as much panic selling as possible to keep buying more and more and more dips all the way up. Those greedy bastards can never have enough bitcoins, they will dry all the panic selling noob's pockets forever. But as we see, the dips are weaker and weaker everytime, bull pressure is too strong.

burner2014

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Quote from: ged00u on January 20, 2017, 03:26:18 AM

Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher.

Denker

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Quote from: 1Referee on January 20, 2017, 03:32:07 AM

It doesn't matter how much you warn/advice people not to sell their coins in panic. People are 1) not familiar with trading in general, and especially not the hostile market that Bitcoin is. 2) People invest with money that they either can't miss in their personal life, or they borrow money to invest in Bitcoin. In that regard, they try their best to not mess up and start selling to prevent further losses. In their mind they are doing the right thing, while they don't see how much they harm themselves. Another thing with these people is that they mostly always buy at the top, where it results in even more pressure.

I agree. Many people are just overinvested.
Therefore they often tend to panic when the market moves the wrong direction.
Furthermore there are lots of different personalities in the markets.And a lof of them are easy to scare, the list of methods to do that is long.
Try to take advantage of that.Buy the dips!

1Referee

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It doesn't matter how much you warn/advice people not to sell their coins in panic. People are 1) not familiar with trading in general, and especially not the hostile market that Bitcoin is. 2) People invest with money that they either can't miss in their personal life, or they borrow money to invest in Bitcoin. In that regard, they try their best to not mess up and start selling to prevent further losses. In their mind they are doing the right thing, while they don't see how much they harm themselves. Another thing with these people is that they mostly always buy at the top, where it results in even more pressure.

ged00u

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Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

JariKriting

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bitcoin price this now stable price
in range 880 - 900 dollar/bitcoin , not crash and not big down price
so all people nothing panic,

Amph

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in order for chinese to mnaipulate the price, they need to be a whale first, do we know about any whales that hold at least 100k coins to manipulate the market? i don't remember any

so this mean that chinese can only manipulate randomly based on the fact that they are many and if many of the buy and then panic sell they might cause a huge crash

therefore who is making this panic selling must be someone else that take advatage of the chinese weak hands...

pooya87

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they will always try to take advantage of other people's naivete to make more money, news like these are just a tool they use, if this is over another news will come up. and this is not the first time and it is not just about Chinese, every whale is doing it.
just try to take advantage of this situation and buy cheaper coins and don't let whales get all the cheap coins.

yonton

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China and pboc actually like Bitcoin because Bitcoin mining company's exchange there coins for cash bringing in tons of money to there economy. All there operating costs are paid for in cash yuan. China wants Bitcoin to grow more than any other country by far!

davis196

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

A few days ago when the btc price was $761, i sold around 0.0235 bitcoins on localbitcoins.
I sold them drvien by panic.My mistake.I can`t blame the chinese or PBOC.
Anyway,from now on, i will hold the bitcoins i get for more than a few months.

Topic: Don't fall for the chinese scammers trying to make you panic sell - page 2. (Read 2073 times)