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Topic: downtime soon ? - page 3. (Read 2975 times)

sr. member
Activity: 241
Merit: 250
June 30, 2017, 03:17:11 AM
#51
If you mean SEGWIT, then you may be disappointed.
legendary
Activity: 1512
Merit: 1041
June 30, 2017, 02:48:24 AM
#50
Small amounts do not impact the market in any significant shape or form given the global trading volumes that we have now.
It is only collective actions from big whales and groups that hold real sway in the prices.
Kind of changed over the years as more users entered the system.
When userbase goes strong, whales will lose their power. Small amounts from larger community may bring differences against any big whale too.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 30, 2017, 02:27:46 AM
#49
Small amounts do not impact the market in any significant shape or form given the global trading volumes that we have now.
It is only collective actions from big whales and groups that hold real sway in the prices.
Kind of changed over the years as more users entered the system.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 30, 2017, 02:24:37 AM
#48
I don't think that there is a downtime but if its occurs then i will just buy more and i will not sell anything because my goal is to hold a lot of coins as much as i can and sell them after at least 3 years of holding. That is my goal for this year and i don't think that it is best to short now because shorting will not make me millionaire but long term holdings will do.

Good strategy, mate, and I honestly think you won't lose. If you strongly decided to hold it whatever happens, then just stick to your decision and only 3 years later start thinking whether to sell a part or not.
sr. member
Activity: 798
Merit: 255
June 30, 2017, 01:02:28 AM
#47
I do not think that this coins that is auctioned will have an effect to the current price of Bitcoin.  Auctioned means it will not touch the exchanges thus does not affect the bitcoin trading directly during those times.  Aside from that I believe when something is auctioned, the possibility of selling it above the current price is very possible, meaning the winner wont sell this set of coins at a lost.
I think so, how could auctioned affect the price. Yes your right maybe there are some coins that possibly affected but btc will not. I beleive that there is a strong foundation and the downtime will not be right now because as far as I know as bitcoin is concern there is a great plan that in 2020 people will use bitcoin as their money.
sr. member
Activity: 2436
Merit: 343
June 30, 2017, 12:50:45 AM
#46
I don't think that there is a downtime but if its occurs then i will just buy more and i will not sell anything because my goal is to hold a lot of coins as much as i can and sell them after at least 3 years of holding. That is my goal for this year and i don't think that it is best to short now because shorting will not make me millionaire but long term holdings will do.
sr. member
Activity: 1190
Merit: 253
June 29, 2017, 11:28:01 PM
#45
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?


There are more than 16 million coins at the moment, even if we assume  a big amount of those coins are lost that amount is tiny compared to the full supply of bitcoin, I will not be surprised if some users in this forum had a lot more coins than that.

It is not a news that some pioneer of this forum holds more than the coins that is being auctioned.  They get bitcoin at a very cheap price, some probably get it at less than 1 USD.  Aside from that I do not think that this bitcoin to be auction will affect the price of bitcoin in the market unless they sold it directly on the exchange eating buywalls of people, but I believe it will recover easily if that thing happen.
sr. member
Activity: 728
Merit: 250
June 29, 2017, 10:33:45 PM
#44
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?


There are more than 16 million coins at the moment, even if we assume  a big amount of those coins are lost that amount is tiny compared to the full supply of bitcoin, I will not be surprised if some users in this forum had a lot more coins than that.
legendary
Activity: 1218
Merit: 1007
June 29, 2017, 11:40:45 AM
#43
Ahh, I don't think that it will affect the price of bitcoin really. May be this scenario may turn upside down. The circulation of bitcoin will attract more investors to get them at lower price, or when the price will be lowered due to circulation of so many bitcoins. So it will get into dump initially and then will rise to bigger price after investors start putting up their fat wallets for it.
Auctions are just future speculation trends from large investors, they rarely bring in a new-found interest and are rather indicators of confidence from people with a lot of money and what they are expecting from Bitcoin. Bearish investors would aim to go for spot value or lower than spot, bullish would have no problem bidding higher against spot value.
hero member
Activity: 1330
Merit: 569
June 29, 2017, 11:39:00 AM
#42
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?



I want to even understand how it will be auctioned because only the physical coin I know can be auctioned and if that should happen, it could even be more than the current price for anyone who is lucky to redeem such. So if that should happen if I for example should buy at a price above the current price then I wont redeem it immediately because that would mean incurring a loss then I would have to wait till the time the price would reach what I am comfortable with before redemption that also points to the fact that not all 300btc will be released to the market at one so there is no cause for any alarm.
sr. member
Activity: 700
Merit: 275
June 29, 2017, 11:17:28 AM
#41
Ahh, I don't think that it will affect the price of bitcoin really. May be this scenario may turn upside down. The circulation of bitcoin will attract more investors to get them at lower price, or when the price will be lowered due to circulation of so many bitcoins. So it will get into dump initially and then will rise to bigger price after investors start putting up their fat wallets for it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 29, 2017, 11:12:07 AM
#40
1000 btc is only make a little impact in only one or two exchanges and not almost all exchanges and i believe that there is many people that have more than 1000 btc and they are ready for any possibility that will happen with bitcoin. i am sure that there are many traders or people that will keep their bitcoin while the price is down and they are not gets panic like others.
sr. member
Activity: 392
Merit: 250
June 29, 2017, 10:59:53 AM
#39
there are many reports which states that the coins sized my GOVT agencies will be auctioned soon...
if we do some calculation i think there are aprox 1000 BTC (maybe more) which are freeze by agencies from various counties

if i remember correctly Silkroad admin alone had 300+ BTC..

now if those reports are correct
and if those BTC again come to circulation
does it mean we can expect a huge decrease in BTC rate in future ?




Nope. You can't expect drastic decrease with introduction of hardly 2-3% of total supply.
Reason 1, not everyone gonna sale all the bitcoin in one go at one instant.
Reason 2, existing market will be able to neutralize this impact as bitcoin market in 2017 is many times bigger than what it used to be earlier.
sr. member
Activity: 348
Merit: 250
June 29, 2017, 10:15:46 AM
#38
I think these are the coins that no one has ever wanted, so they'll auction off and release all the remaining stock of coins they have, the best solution is to wait, monitor and watch all the moves of the coins in the market
now!!!
It could be. I know that the price of Ethereum went up so the people that were holding that coin were likely to transfer their holdings into Bitcoin so they cash their coins into some fiat.

The price of Bitcoin will increase further and the people that cashed their money out might try to purchase again though at a higher price range.
Be carefully to buy or holding Bitcoin in next time, Segwit is a double-edged sword can kill anyone because they not know when Segwit success, the price of Bitcoin can rasing up more or down look like as LTC has undergone. Keep Bitcoin in next time like gamble - it just my think
legendary
Activity: 3052
Merit: 1188
June 29, 2017, 09:20:14 AM
#37
Just for one exchange the amount of coins sold at the same time(a dump)can be over 5,000 BTC within minutes to 30 minutes. On a daily basis 300 BTC is traded across all exchanges combined probably every few minutes. At just one exchange selling 300 at a time might cause a few dollar price drop for an hour.
No it will be never drop because bitcoin is giving best opportunities to people if you are withdraw 300 bitcoins daily or more it will not effect on price of bitcoin or dollar. So like that if people withdraw then there is no effect. After withdraw once again they will invest because the same process is going. which is called money circulation.
hero member
Activity: 812
Merit: 500
June 29, 2017, 05:12:08 AM
#36
I think these are the coins that no one has ever wanted, so they'll auction off and release all the remaining stock of coins they have, the best solution is to wait, monitor and watch all the moves of the coins in the market
now!!!
It could be. I know that the price of Ethereum went up so the people that were holding that coin were likely to transfer their holdings into Bitcoin so they cash their coins into some fiat.

The price of Bitcoin will increase further and the people that cashed their money out might try to purchase again though at a higher price range.
sr. member
Activity: 726
Merit: 250
June 29, 2017, 04:36:58 AM
#35
In this case a 1000btc would dump bitcoin, I think it will not hit a big impact. I think there are more investors, bitcoin holders that really holding more than that. As we all know bitcoin has big impact to many people now because of its volatility. And, all of us here aiming to gained more value that will earn big profit of bitcoin. However, bitcoin will still  growing and increasing its price.
I think it is possible, there are so many people into btc on pure speculation and emotional attachment right now.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 29, 2017, 04:36:43 AM
#34
1,000 BTC being dumped? There's an hourly demand for 100 BTC on loans on Poloniex alone. If they're auctioned, it'll also be private and not on exchanges, so there won't be any effect on the market. Even if it were sold on an exchange, any spike or dip would be limited to a few seconds, minutes at best.

At first I thought that the impact of dumping 1,000 BTC will last not more than several days, but now I see that you are probably right, it will last even much less then that. So, no need to worry about would be additional 1k BTC on the market, because the demand for Bitcoin is high.
That is right, as long as there is demand in the market then the additional supply is not a problem because there is a lot of people who are ready to get those additional pumps because people now are smarter and they just think that they need to collect bitcoin as much as they can because it is a good investment for long term that can make them earn more money.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 29, 2017, 04:30:02 AM
#33
1,000 BTC being dumped? There's an hourly demand for 100 BTC on loans on Poloniex alone. If they're auctioned, it'll also be private and not on exchanges, so there won't be any effect on the market. Even if it were sold on an exchange, any spike or dip would be limited to a few seconds, minutes at best.

At first I thought that the impact of dumping 1,000 BTC will last not more than several days, but now I see that you are probably right, it will last even much less then that. So, no need to worry about would be additional 1k BTC on the market, because the demand for Bitcoin is high.
sr. member
Activity: 280
Merit: 250
June 29, 2017, 04:25:57 AM
#32
I think these are the coins that no one has ever wanted, so they'll auction off and release all the remaining stock of coins they have, the best solution is to wait, monitor and watch all the moves of the coins in the market
now!!!
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