For every seller there must be a buyer

YellowRiver

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Quote from: tenakha on October 08, 2017, 09:41:39 AM

Quote from: Wowcoin on October 08, 2017, 09:34:38 AM

Quote from: Shutup on September 15, 2017, 08:58:07 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Ofcourse if you want to sold something you must look for a buyer.Just like in business you have to promote your product and convince costomers to buy it.Make sure that your product is good so that they will go back next time to buy again.If people notice that you have a good product your store product will be known and famous.The store will be best seller and will have plenty buyers.

That is true every seller have a buyer but we talk about bitcoin the last three weeks bitcoin down the price. Some panic because the news about china but in a fourth week bitcoin going up again. I think they still believe on bitcoin that is why their are many buyers.

As a trader i know how to buy on right time for best price.I never expect high result for every opened position.Now it is best avaliable price on btc market.

Yes that’s the conventional thing the one who sells at the right time and buy at the good time will get the profit more than expectation and bitcoin ensure this thing that every trader will get the profit according to his selling decision, to0 much greed for the profit also cause loss because it is crypto market no body predict prices as it goes up sell immediately, nobody know what will happen next.

jrobi4life

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We will. We will. Block chain. Block chain.

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

I don't even think all the Chinese are selling as much as people would have us believe.. China has basically become a use case of how cryptocurrency is useful in the face of oppressive governments that want to take the power to control their own money away from the people. Cryptocurrencies don't go out of their way to be anonymous for nothing.

Cosbycoin

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Quote from: Mustion on October 04, 2017, 10:39:57 PM

Of course it is, your coins aren't just disappear at all, they just transfer from this guy to other guy. In your case, when you're selling, there is one guy in the market has the purpose to purchase your coins, So the bitcoin is yours and your altcoins are becoming his coins. So choose the right time to buy or sell will make you become the smart trader.

Making a deal at the right time is the key to success in the crypto market especially if you are involved in trading. Smart traders are always making big profits because their timings of confirming deals are excellent.

Indeed the coins keep on circulating when we buy or sell them. This is what I really like about the digital currencies. They are not going to stay with a single person forever.

neonshium

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Quote from: ReLieD on October 04, 2017, 12:17:49 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Dude you are telling the most obvious things. Like noone would even think that because it's such a common thing. Well just to answer the question you asked at the end . People are buying btc because they are expecting that the prices will increase after the Segwit2x .

Prices will be above the record line and buying now is the good strategy and this will bring a lot of profit in future for them buy low sell high is the great strategy of all the time it enhances investors capabilities and also give him a lot of profit and upcoming time is best time and this time will be awaited by many in the investments and they will live with lavish soon.

websoftwareengineer

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Blockchain with VTOS energy

The key to earn more profit is to look for a coin that has a value that is increasing periodically. Read about the information of the coin before investing and ask traders who invest in this specific coin that you choose.

tenakha

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Quote from: Wowcoin on October 08, 2017, 09:34:38 AM

Quote from: Shutup on September 15, 2017, 08:58:07 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Ofcourse if you want to sold something you must look for a buyer.Just like in business you have to promote your product and convince costomers to buy it.Make sure that your product is good so that they will go back next time to buy again.If people notice that you have a good product your store product will be known and famous.The store will be best seller and will have plenty buyers.

That is true every seller have a buyer but we talk about bitcoin the last three weeks bitcoin down the price. Some panic because the news about china but in a fourth week bitcoin going up again. I think they still believe on bitcoin that is why their are many buyers.

As a trader i know how to buy on right time for best price.I never expect high result for every opened position.Now it is best avaliable price on btc market.

Wowcoin

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Quote from: Shutup on September 15, 2017, 08:58:07 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Ofcourse if you want to sold something you must look for a buyer.Just like in business you have to promote your product and convince costomers to buy it.Make sure that your product is good so that they will go back next time to buy again.If people notice that you have a good product your store product will be known and famous.The store will be best seller and will have plenty buyers.

That is true every seller have a buyer but we talk about bitcoin the last three weeks bitcoin down the price. Some panic because the news about china but in a fourth week bitcoin going up again. I think they still believe on bitcoin that is why their are many buyers.

Yuhee

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Activity: 546

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Quote from: Smarty14392 on October 08, 2017, 12:19:20 AM

Quote from: coinholic on October 05, 2017, 06:33:55 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Of course! I mean what’s the sense of selling something if no one’s gonna purchase from you? Seller and buyer goes hand in hand. But being a seller needs patience since buyers don’t come instantly...

This was something I was looking for. People are often becomes panic when they are in role of seller. Buyer doesn’t have to do more with emotions but yeah seller would have some amazing feat of relations with emotions especially in decision of whether selling finally or not. So like you said, there are buyers for all sellers so sellers have to be patient.

China is one of the main miners in the blockchain and it really did affect the entire market when they made their decision. But right now it had just become a part of history of bitcoin where it continuous to grow even with those issue and even if some other businessmen are trying to devalue or degrade bitcoin. The price is still going high and more and more enthusiasts are innovating bitcoin for their own advantage.

Smarty14392

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Quote from: coinholic on October 05, 2017, 06:33:55 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Of course! I mean what’s the sense of selling something if no one’s gonna purchase from you? Seller and buyer goes hand in hand. But being a seller needs patience since buyers don’t come instantly...

This was something I was looking for. People are often becomes panic when they are in role of seller. Buyer doesn’t have to do more with emotions but yeah seller would have some amazing feat of relations with emotions especially in decision of whether selling finally or not. So like you said, there are buyers for all sellers so sellers have to be patient.

FLoving

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Quote from: MMysterious on October 04, 2017, 09:51:52 PM

When a coin is dumping there is usually someone who will buy the coins and most of them are whales. And that's usually what happens in the world of trading, someone buys them and someone sells them.

Buying and selling is something which keep on happening in every business whether it is the case of bitcoin or some other thing. It is a natural phenomenon that every time someone will be selling his bitcoin and there will be someone who will be interested in buying his bitcoins. There is nothing new in this and I believe trading works on this principle only.

frowsiter

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Quote from: BobBct on October 05, 2017, 05:56:44 AM

People who actually does that knows that it will go higher even it's dumping crazy or they don't know it is dumping and a long time to pump again probably beginners.

Yes most of the people here on crypto board are the one who gets panicked very easily and lead to the mass selling of bitcoin and letting the investments dump in negative way. This opportunity then taken by the big fish to whom we generally call as whales and then they enjoy the bonus when the prices start moving upwards. They know very well the prices will pump and it's just matter of time.

ThunderCatSteve

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Quote from: coinholic on October 05, 2017, 06:33:55 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Of course! I mean what’s the sense of selling something if no one’s gonna purchase from you? Seller and buyer goes hand in hand. But being a seller needs patience since buyers don’t come instantly...

mobnepal

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Quote from: BobBct on October 05, 2017, 05:56:44 AM

People who actually does that knows that it will go higher even it's dumping crazy or they don't know it is dumping and a long time to pump again probably beginners.

I think people are buying right now with high expectation for bitcoin gold which they might get for free after the possible network split. Also many people are buying right now being optimistic about bitcoin as it have already touched $5k so price can go to that level again. You can't get over 20% profit in very short time like with bitcoin anywhere else.

darthmaul

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Quote from: Gotomoon on October 04, 2017, 06:50:43 PM

Quote from: karmakeddon on October 04, 2017, 04:45:51 PM

That my friends is one of the most basic principles of economics. Something loses its value if there is a lot of supply and it increases value if there is a little of it. If you are selling something that has some value, there will always be a buyer on all levels.There are the low ballers, the hard bargainers and the fools. This will never change. It is what it is.

Definitely, in every seller there must a buyer. It is the usuall activity buying and selling like in btc. Yes it is what it is the usuall happens in daily market. Those who buy most of btc and believe the price will rise so the most reasons in every buyer is to gain profit.

In addition to everything the buyer who keeps his bitcoin or any other coin for longer period of time always wins the game because they gain most of the profits when others are flooding the market with panic sell and later on same people buy even more than what was before. This way every one should be either buyer and seller of the coin. This will never change really and the cycle will keep going on forever. Let's consider the fact and keep buying. :-)

naidray

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Quote from: Gotomoon on October 04, 2017, 06:50:43 PM

Quote from: karmakeddon on October 04, 2017, 04:45:51 PM

That my friends is one of the most basic principles of economics. Something loses its value if there is a lot of supply and it increases value if there is a little of it. If you are selling something that has some value, there will always be a buyer on all levels.There are the low ballers, the hard bargainers and the fools. This will never change. It is what it is.

Definitely, in every seller there must a buyer. It is the usuall activity buying and selling like in btc. Yes it is what it is the usuall happens in daily market. Those who buy most of btc and believe the price will rise so the most reasons in every buyer is to gain profit.

Or we may rather just put it this way. For every winner, there must be a looser. Apparently, that is just how the market has been fashioned out. Someone panics and sells at a loss and someone picks it up at that point and ends up gaining. It is funny though, cause if this is like a cycle, does this mean some people are just regular losers? Grin

Someone will always come to the market to pick the point you are selling as the right time for them to buy and it keeps going on and on and on. That is pure market.

digaran

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🖤😏

For thousands of quick* sellers there is only one buyer, I'll provide a hint and you might guess who he is, Jihan Wu the founder/CEO/head of Bitmain, a miner ASIC manufacturer and a mining farm with a mining pool company currently located in China, I could give his personal information as well if needed. wild lol, I just tried to hint at some info. he and his brother from Bixin and his buddies from ViaBTC are the major buyers and manipulators, they also are full time bitches of CIA trying to hand over the network to them, it's impossible for a bunch of Chinese to pump BCH up to $500 without the help from a government. I'll give you a hint about the government, it is the USA government. mild lol.

coinholic

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Of course! I mean what’s the sense of selling something if no one’s gonna purchase from you? Seller and buyer goes hand in hand. But being a seller needs patience since buyers don’t come instantly...

BobBct

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People who actually does that knows that it will go higher even it's dumping crazy or they don't know it is dumping and a long time to pump again probably beginners.

Drnice

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Truelly for everybody into bitcoin, there is always a buyer so as sellers, but when it comes to dumping, that's not a good idea. Will you just have a $3000 and because of panic you drop it all, no. If you are panicked, instead off selling all your bitcoin and loss at the end, you use it to buy altcoins, if you are heavily panicked.

xuan87

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Of course there will be a buyer, a lot of people had waited this opportunity for a long time, people know that Bitcoin is a very great investment, so when the price falling down deeply they directly bought the coin to hold, that is why the price recover so fast, Bitcoin is very famous among crypto users, so no need to be afraid there are no buyers or seller

Hui8

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

That would be a buyer with dreams of getting rich, and this time it's for real. These are the actual smart investors who only come out of their hives when they see the drop in the prices for bitcoin or even the altcoins too. They are always thankful to such out of the way behaviour for bitcoin price. The weak hands which you see are nothing but the short investors who are just scrap and nothing else. They fear a lot because they think they are loosing he money. But there acts actually make them loose the whole money. So answer to your question takes us to those buyers who are smart investors and big fish too.

Mustion

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Of course it is, your coins aren't just disappear at all, they just transfer from this guy to other guy. In your case, when you're selling, there is one guy in the market has the purpose to purchase your coins, So the bitcoin is yours and your altcoins are becoming his coins. So choose the right time to buy or sell will make you become the smart trader.

MMysterious

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Bear season or just the beginning

When a coin is dumping there is usually someone who will buy the coins and most of them are whales. And that's usually what happens in the world of trading, someone buys them and someone sells them.

JPMoron

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That is true,
that is why that I would not sell my dropping coins now.
HODL and waiting for free forking coin and buy it back

Gotomoon

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Quote from: karmakeddon on October 04, 2017, 04:45:51 PM

That my friends is one of the most basic principles of economics. Something loses its value if there is a lot of supply and it increases value if there is a little of it. If you are selling something that has some value, there will always be a buyer on all levels.There are the low ballers, the hard bargainers and the fools. This will never change. It is what it is.

Definitely, in every seller there must a buyer. It is the usuall activity buying and selling like in btc. Yes it is what it is the usuall happens in daily market. Those who buy most of btc and believe the price will rise so the most reasons in every buyer is to gain profit.

karmakeddon

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That my friends is one of the most basic principles of economics. Something loses its value if there is a lot of supply and it increases value if there is a little of it. If you are selling something that has some value, there will always be a buyer on all levels.There are the low ballers, the hard bargainers and the fools. This will never change. It is what it is.

Gozie51

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Vave.com - Crypto Casino

Quote from: Mpamaegbu on October 04, 2017, 12:08:41 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Sadly, this holds true in business. Haven't you heard this expression, "one man's meat is another's poison. This makes the market cleans itself up. Someone must see a reason to buy where another senses doom. Such is a life principle. But to say the truth, the Chinese didn't dump that hard. China will surely regret its action in years to come.

Talking about the dumping and who is buying, is like the popular saying that "what another man hates, another man likes- yes people must show up to buy. Living the life itself is a risk so people risk it to the fullest. Also, I do believe that China took the best of decision for themselves especially with countries starting to adopt it.

ReLieD

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Dude you are telling the most obvious things. Like noone would even think that because it's such a common thing. Well just to answer the question you asked at the end . People are buying btc because they are expecting that the prices will increase after the Segwit2x .

Mpamaegbu

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Once a man, twice a child!

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Sadly, this holds true in business. Haven't you heard this expression, "one man's meat is another's poison. This makes the market cleans itself up. Someone must see a reason to buy where another senses doom. Such is a life principle. But to say the truth, the Chinese didn't dump that hard. China will surely regret its action in years to come.

BureauChef

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Quote from: GoodLuck2 on September 27, 2017, 02:45:24 AM

Quote from: aardvark15 on September 24, 2017, 05:30:57 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

The selling and the buying of bitcoin depends entirely upon the price of the bitcoin, if the market value of the bitcoin is dropping then it is definitely a time to buy more and are of the bitcoin because it is definite that the prices would rise again which would earn you a profit at your end. Many of the people just as you keep on waiting for the prices to fall below expected values so that they could collect more bitcoin.

This is sometimes wrong to buy when the price is going down. We can't find the real dip, exact dip and that's why you could have bought from an expensive price even if it looked cheap to you at that time.

hangar18

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Quote from: infinity33 on September 27, 2017, 03:22:46 AM

Quote from: GoodLuck2 on September 27, 2017, 02:45:24 AM

Quote from: aardvark15 on September 24, 2017, 05:30:57 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

The selling and the buying of bitcoin depends entirely upon the price of the bitcoin, if the market value of the bitcoin is dropping then it is definitely a time to buy more and are of the bitcoin because it is definite that the prices would rise again which would earn you a profit at your end. Many of the people just as you keep on waiting for the prices to fall below expected values so that they could collect more bitcoin.

for some that reach the price that they expect or lower than that this could be the time that now they will collect it because they know matter what happen if they know that it will rise again no matter how much dump will happen.

You have to remember the base price you bought Bitcoin will decide your profitability in future. If you do not buy Bitcoin with a cheap price, although the price of Bitcoin can increases, but it does not help you make a good profits or maybe less than the amount of money you had invested.

pokeronlinestatus

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Quote from: GoodLuck2 on September 27, 2017, 02:45:24 AM

Quote from: aardvark15 on September 24, 2017, 05:30:57 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

The selling and the buying of bitcoin depends entirely upon the price of the bitcoin, if the market value of the bitcoin is dropping then it is definitely a time to buy more and are of the bitcoin because it is definite that the prices would rise again which would earn you a profit at your end. Many of the people just as you keep on waiting for the prices to fall below expected values so that they could collect more bitcoin.

You are very much right. Yes, there is no doubt that most of us keep on waiting for the prices to come down but still there are so many who keep on buying the Bitcoins no matter what the market price is. Everyone has his own way of interpreting the things and this is what they do exactly. They can manage to earn a good amount of profit even by buying Bitcoins at higher rates.

sujonali1819

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

The answer is very simple . when a rumor is published or some bad news are published then all are try to sell their project because they know price will be down sure .so they try to sold their coin quickly and wait for most dump. then they buy again these coin at lower price.And most of the big investor waiting for this situation and dumping price .when this situation is come then big investor buy the coin at cheap price . and sold at higher . so this rumor is bad for one person but it is a opportunity for another person who are waiting for price fall.

audaciousbeing

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Based on what you have said, most times there are invisible hands in the system that is causing stability and never allowed the market to suffer any setback either for the benefit of the market of for their own selfish interest.

In the case of the Chinese dumping, for example, ViaBTC came out and said they have enough liquidity to cater for domestic withdrawal which means they have the funds to buy and mop up the excess that could arise from such without the gloat affecting the general market structure. Also, by that, they could be causing artificial scarcity because the ones they are buying are not released into the market immediately.

This is not surprising as its the same thing what is happening by the Central Bank in other to keep the economy in other and ensure that the gap between supply and demand is kept to the barest minimum.

infinity33

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Quote from: GoodLuck2 on September 27, 2017, 02:45:24 AM

Quote from: aardvark15 on September 24, 2017, 05:30:57 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

The selling and the buying of bitcoin depends entirely upon the price of the bitcoin, if the market value of the bitcoin is dropping then it is definitely a time to buy more and are of the bitcoin because it is definite that the prices would rise again which would earn you a profit at your end. Many of the people just as you keep on waiting for the prices to fall below expected values so that they could collect more bitcoin.

for some that reach the price that they expect or lower than that this could be the time that now they will collect it because they know matter what happen if they know that it will rise again no matter how much dump will happen.

BingoDog

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As bitcoin popularity grows there are more and more new, unexperienced users who don't knw much abit the bitcoin market and trends so tey often behave very impulsive and in panic, especialy in the time of price dump. So there are many sellers on the market even if they don't suppose to be. But that is just the good opportunity for those who want to buy cheaper coins.

GoodLuck2

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Quote from: aardvark15 on September 24, 2017, 05:30:57 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

The selling and the buying of bitcoin depends entirely upon the price of the bitcoin, if the market value of the bitcoin is dropping then it is definitely a time to buy more and are of the bitcoin because it is definite that the prices would rise again which would earn you a profit at your end. Many of the people just as you keep on waiting for the prices to fall below expected values so that they could collect more bitcoin.

aardvark15

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

If the price is dropping, then there are fewer buyers than sellers. There are some people buying if orders are going through so they must think the price is worth it. It's hard to know everyone's motivation at any particular moment, but they obviously feel like the price is good enough to buy if they are putting in a buy order.

I prefer to wait before buying any more to see if the price will drop to $3000 or less but others are buying now. This also means that there are sellers now as well.

cryptocrusher

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Of course for every completed order there is a buyer and a seller and I think with regard to your example it will mostly have been people who didn't really understand why the market was crashing and were buying simply because they'd seen the price at 5k not too long ago.

arpon11

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This is how the system works and we should have this at the back of our minds that if price is going up it means amount that people are ready to buy bitcoin and others coins is high than amount people are ready to sell them and vice versa. For every buying they are always a seller and the cycle continues like that.

palle11

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Yes surprisingly, this is another mystery that has been done by computer age. As you are focasting for a sell somewhere, another fellow believes and waits for a buy and it is trigered off immediately. So many people are waiting to receive your order because as you make an order someone is willing to go with it. This is made possible by internet and computers

jualidbitmixer

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Quote from: skyline247 on September 15, 2017, 07:47:39 PM

The problem is when there are too many sellers, and not enough buyers. Then you end up screwed as the price crashes.

Nope, the "Whales" will see this situation and will pump bitcoin so hard and others will follow. In the end the price of bitcoin is increase again, you happy, im happy and whales are the most happiest because they can control the market IF bitcoin really don't have any buyers which is impossible.

carlfebz2

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Quote from: skyline247 on September 15, 2017, 07:47:39 PM

The problem is when there are too many sellers, and not enough buyers. Then you end up screwed as the price crashes.

That's how market works.If theres too much on sellers than on buyers then its normal to think that price would really crash up and asking on whose buying as of these dips? Then those people who are believing on bitcoins and those traders or whales do accumulate cheap bitcoins because they know they will make money later on specially on the sudden price increase on yesterdays,if you did able to join the rise then you are surely smiling as of now.

Juliedarwin

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If you want to be a legit seller you must be looking for a buyer,yes of course you should be..or as a many customers to buy of your products.And you should have to be more of ideas to preparing of your business for convincing the people to buy,and you need more patient on that.

Tungsten-1

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Quote from: ToyotaFortuner on September 15, 2017, 08:31:30 PM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

anyone in the world who knows bitcoin will buy as much bitcoin if the exchange distance has its own advantages. everyone takes advantage of bitcoin when the price goes down to buy.

This is just like the proportion between the demand and supply in industry. When there is more demand there are more suppliers in the market. Similarly for every seller there must be a buyer of bitcoin which is possible always. Most of the newbies who don’t know about trading much sell their coins when prices are low and pro buyers buy them.

nasibakar

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I ll be a buyr for cheap coins now

(I ll buy a bit - not really big volume),... I am glad if anyone would sell cheap now, I ll be the buyer

zzSunZZ

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Last night i bought 0.03 bitcoin with price 2k9$ , and now i'm regret cause why i don't buy more . Only fucking 3 hours and Bitcoin's price is rasing 25% . Whales are coming for now. Be carefully guys, don't believe in Chinese's news or Jamie Dimon.

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

anyone in the world who knows bitcoin will buy as much bitcoin if the exchange distance has its own advantages. everyone takes advantage of bitcoin when the price goes down to buy.

no0dlepunk

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Geez... I can't believe that these kinds of questions exist. I don't feel like spoon feeding you the answer - but here is something I would like you to think about:

If you are the Chinese that you were referring to as "dumping like crazy", are you going to dump your bitcoin @ $3000 right away? Of course not... You will definitely sell it at the highest as possible, correct? Now, because the volume of sellers outnumbered the buyers, the latter are the ones who are bidding how cheap they want to buy bitcoin. The buyers take advantage of the Chinese's need to cash out their bitcoins, and since there are lesser number of buyers than sellers, that leaves the Chinese no choice but to bargain at the cheapest just to make a transaction.

And then here comes the weak hands (most probably are not Chinese) panicking about the price, which eventually adds up to the volume of sellers, which gives more power to the buyers to ask for lower price. And then repeat... and repeat... until the weak hands are extinct.

And then bullish. Roll Eyes

I hope this makes sense. Aren't you going to HODL now?

The Sceptical Chymist

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It's people who believe bitcoin is oversold. And I agree with people above who have doubts as to whether China is responsible for this--how can anyone really know?

The market works like this: If there are selling orders overwhelming the buy orders, the price of whatever it is will drop. Yes, all sell orders must have a corresponding buyer for all executed orders. But there can be huge, unfulfilled sell walls that eat up all the buys. In that case, you'll see exactly what we've been seeing for the past couple of days, a gigantic dip. If only I had money, I'd be buying right now. This bull market is nowhere near over yet.

skyline247

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The problem is when there are too many sellers, and not enough buyers. Then you end up screwed as the price crashes.

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Obviously some people that buy back at dip, I'm pretty sure they got a lot of profits from the dips.
They took the opportunity when the price were cheaper. And let's not forget about FOMOs.

anklas

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

The subject answers your question. Crypto world is just like stock market that is composed of a buyer and seller. If someone sells his coin most likely will definitely wait for someone in the market to buy it other wise it would not be sold or vice versa. The more investors the more would be buyer and sellers.

Siren

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Quote from: CyberKuro on September 15, 2017, 11:51:16 AM

Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Same person/people who have sold their bitcoin at higher price and trying to get profits, then buy back again.
If someone sell BTC1 at $4700 then buy back at $3000, he get $1700 profit.
Traders will do it for sure, and there are some whales do it as well, but not only BTC1, but maybe BTC50 - BTC100 at one time.
Chinese people dumped bitcoin, waiting few days later, then buy back again. It may happen in every country, in every exchange.

Exactly, this is how the whales really profit big time. Even casuals do this practice but it's how whale do it. I think anyone is not buying because they want to see the floor price before jumping in. And most of the traders saw $2800-$2900 as the best buying point so they buy, massive amounts of bitcoin that is why the price jump immediately. Currently its $3700. That's almost $1000 spike in less than 12 hours. Scary isn't? Just be cautious, although is really good to see the price recovered after helluva that the Chinese cause to the market.

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

That's very much true, at least at the current context. A massive worldwide panic has been playing a big role behind the recent slide in price but I think the situation will soon be better and it's already started showing the sign of it. Bitcoin is now up by 12% and holding at 3650 USD level. So it is definitely a good sign for us.

The recent events actually gave investors a very good opportunity to buy bitcoin at a very low price. Those who are lucky, hoarded like anything for the future and already started making profit. I just hope, the price holds its strength now and move to the upwards direction.

dothebeats

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Not true. An overpriced item wouldn't have any buyers due to it being priced more than any other goods that have the same effect, and economically people would choose what's cheaper but does the job. In the case of bitcoin, it's just short-term traders who kept on buying and selling during the drop and not really hardcore investors that are willing to hold for the next few years. Even I would take advantage of the event and would try to make a quick profit out of that.

Idrisu

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American trading section is what is helping keeping bitcoin price above $3,000 and actually this is the strength of the market currently. During America section we can see serious purchasing pressure and Asia section we see serious selling pressure! Chinese trader are trying to sell off they bitcoin becouse of the rumors that is coming out of that region that bitcoin exchanging activities will be treated as illegal. Chinese are selling and north Americans are buying currently.

CyberKuro

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Same person/people who have sold their bitcoin at higher price and trying to get profits, then buy back again.
If someone sell BTC1 at $4700 then buy back at $3000, he get $1700 profit.
Traders will do it for sure, and there are some whales do it as well, but not only BTC1, but maybe BTC50 - BTC100 at one time.
Chinese people dumped bitcoin, waiting few days later, then buy back again. It may happen in every country, in every exchange.

mk4

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Quote from: DaMut on September 15, 2017, 11:05:17 AM

Who said it was the chinamen dumping the market ? Can you give us the poof about this one ?
As far as i know,the goverment banning the trade for their citizen and exchanger in their country,right ? So what if they buy or sell it off it ?
It was a strategy to push their economy/pump their financial,they are the leader and absolutely their decision will affecting the global market.
So,who is the buyer ? I am confident most of them are the chinamen and some of them are others.
They know how to maximize their profit,and also know how to retreat and repeat.
Just like before right ? So,do not thing about who is the buyer,but instead think how to maximize your profit in this opportunity

We don't have direct information that it's the chinese people that are selling. But knowing that they're the one's that are effected by the exchange shutdowns, it's most likely them that's selling. Also, trading volume of BTC:CNY has dropped drastically. https://coinmarketcap.com/currencies/bitcoin/#markets

"It was a strategy to push their economy/pump their financial,they are the leader and absolutely their decision will affecting the global market." That's also you making a claim. Do you also have any proof about this one?

Who are the buyers? Probably 90% of the buys are just buy offers that are set on exchanges by users if every bitcoin crashed (which it did). There aren't much buyers compared to sellers though, that's why the price crashed.

stomachgrowls

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Who are the ones who do buy? Then for sure those people who sold their coins lately.If not all then im sure there are some who do really bought on those dip prices and now the price had risen on small percentage then those are easy profits.Buyers would really be always there specially on this dip prices because they do know that they can make money on the slightest percentage.

AK47-

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Actually the buying activity came down recently that took the price down. But selling activity increased. People were buying less so sellers keep on decreasing the price and price reached $3000. Then the price was down enough for people to invest back. Now buying activity increased and people are putting bigger sell orders and hence the price is in uptrend.

rext

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

I think this is a good opportunity for anyone who wants to use bitcoin, even the trader will take advantage of this opportunity, 3k $ is too low a value, they can buy bitcoin in bulk. Currently, bitcoin has gone up to $ 3600, they have gained huge profits.

DaMut

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Who said it was the chinamen dumping the market ? Can you give us the poof about this one ?
As far as i know,the goverment banning the trade for their citizen and exchanger in their country,right ? So what if they buy or sell it off it ?
It was a strategy to push their economy/pump their financial,they are the leader and absolutely their decision will affecting the global market.
So,who is the buyer ? I am confident most of them are the chinamen and some of them are others.
They know how to maximize their profit,and also know how to retreat and repeat.
Just like before right ? So,do not thing about who is the buyer,but instead think how to maximize your profit in this opportunity

Shutup

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Quote from: andys0506 on September 15, 2017, 07:46:16 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Ofcourse if you want to sold something you must look for a buyer.Just like in business you have to promote your product and convince costomers to buy it.Make sure that your product is good so that they will go back next time to buy again.If people notice that you have a good product your store product will be known and famous.The store will be best seller and will have plenty buyers.

andys0506

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Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?

Topic: For every seller there must be a buyer (Read 1643 times)