People who only hold are not contributing to any rises in price. While people who panic sell on a decision which will clearly only affect Bitcoin reguarly and that is annoying, I don't accept that holding Bitcoin will do anything. If all you're doing is hoarding it you're not creating any much-needed demand.
You have no idea what you are talking about kid,if you stall something that has a limited supply and more people are interested to buy that thing then automatically the price of that object increases and that is the basics of economics and how a person holding is not contributing to the price rise.Learn how the thing works and then voice your opinion. 
Topic: If Price drops after ETF not approved, it's because people are Dumb (Read 2311 times)
March 14, 2017, 08:28:05 AM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
why nor selling when price was 1300$ and we knew it will go near 1000$ ? 2 btc become 2.5...
I'll buy 3 btc if the price of $1,000. I bet $1.000 will not happen in this March, they all look natural so it is difficult to think back down again to a price of $1,000. Now the price has reached $1.240 and trends from the morning I seen the prices always go up.
That could be right. I think the $1100 is the new bottom. The price will rise again from $1230 now.
March 14, 2017, 07:17:27 AM
The price shot up over a thousand months before most people even knew about the ETF. What makes you think it will make a difference?
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
Kind of amused that it dumped on fear or fake drops and then just went back to the normal pattern.
Fear can only impact the market so much now I guess or the real storm on the horizon is the blocksize debate.
the only good thing is that the number of bitcoin users who don't fall for the fear inducing dump and instead go for taking advantage of it, is growing as we move forward.
we all gain experience at some point and stop seeing it as fear and start accepting it as an opportunity to buy cheaper coins.
March 14, 2017, 06:40:43 AM
The price shot up over a thousand months before most people even knew about the ETF. What makes you think it will make a difference?
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
Kind of amused that it dumped on fear or fake drops and then just went back to the normal pattern.
Fear can only impact the market so much now I guess or the real storm on the horizon is the blocksize debate.
the only good thing is that the number of bitcoin users who don't fall for the fear inducing dump and instead go for taking advantage of it, is growing as we move forward.
we all gain experience at some point and stop seeing it as fear and start accepting it as an opportunity to buy cheaper coins.
March 13, 2017, 10:16:32 PM
The price shot up over a thousand months before most people even knew about the ETF. What makes you think it will make a difference?
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
Kind of amused that it dumped on fear or fake drops and then just went back to the normal pattern.
Fear can only impact the market so much now I guess or the real storm on the horizon is the blocksize debate.
March 13, 2017, 09:31:45 PM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
why nor selling when price was 1300$ and we knew it will go near 1000$ ? 2 btc become 2.5...
I'll buy 3 btc if the price of $1,000. I bet $1.000 will not happen in this March, they all look natural so it is difficult to think back down again to a price of $1,000. Now the price has reached $1.240 and trends from the morning I seen the prices always go up.
This is what you should do. Instead of thinking of selling Bitcoin at $1300 and then buying back at $1000, why not find a source of income and then keep making buy orders at $1000 - $1100? You might think that your biy orders will not be hit, but it will sooner or later just like what we recently saw with the small dump.
The next dump will come when the PBOC decides to confiscate the Bitcoins of the Chinese exchanges.
March 13, 2017, 04:13:23 AM
the good thing about bitcoin is that no matter how many dump people, as OP calls them, exist in the market there are always going to be more experienced people who will take advantage of these dumb people and make money from them.
and in the end these dump people either leave bitcoin trading/investment or gain enough experience to see past the bullshit manipulation and see the bigger picture and not fall for any of them again.
and in the end these dump people either leave bitcoin trading/investment or gain enough experience to see past the bullshit manipulation and see the bigger picture and not fall for any of them again.
March 13, 2017, 04:10:13 AM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
why nor selling when price was 1300$ and we knew it will go near 1000$ ? 2 btc become 2.5...
I'll buy 3 btc if the price of $1,000. I bet $1.000 will not happen in this March, they all look natural so it is difficult to think back down again to a price of $1,000. Now the price has reached $1.240 and trends from the morning I seen the prices always go up.
That could be right. I think the $1100 is the new bottom. The price will rise again from $1230 now.
March 13, 2017, 03:12:17 AM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
why nor selling when price was 1300$ and we knew it will go near 1000$ ? 2 btc become 2.5...
I'll buy 3 btc if the price of $1,000. I bet $1.000 will not happen in this March, they all look natural so it is difficult to think back down again to a price of $1,000. Now the price has reached $1.240 and trends from the morning I seen the prices always go up.
March 12, 2017, 11:23:30 PM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
Really? You think the small investors combined can result to a "big" dump? Look at the price now, all the small investors dumps have been eaten up by the market and hardly made a dent on the price. It is also the same small investors that helped get the price back to where it is now because they might have realized that selling is a mistake. It would have been better for them to do nothing but hold.
March 12, 2017, 01:36:00 AM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
why not selling when price was 1300$ and we knew it will go near 1000$ ? 2 btc become 2.5...
March 11, 2017, 11:37:15 PM
Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed.
March 11, 2017, 11:31:04 PM
Market has recovered better than expected. The price is again heading back to 1200$ range. Looks like more people are not going for panic selling yet.
Yes. The only people who dumped are the speculators who made a gamble on the approval of the ETF and the amateur traders who panicked and dumped their coins. We have to thank them for letting some of us hit our buy orders.
March 11, 2017, 05:16:23 PM
People who only hold are not contributing to any rises in price. While people who panic sell on a decision which will clearly only affect Bitcoin reguarly and that is annoying, I don't accept that holding Bitcoin will do anything. If all you're doing is hoarding it you're not creating any much-needed demand.
March 11, 2017, 04:40:22 PM
Market has recovered better than expected. The price is again heading back to 1200$ range. Looks like more people are not going for panic selling yet.
Same here.
better than expected. Is it a good time to buy in more or wait a while? It is hard to decide...
hold on and see what happens after the weekend and take it from there
March 11, 2017, 03:34:18 PM
Market has recovered better than expected. The price is again heading back to 1200$ range. Looks like more people are not going for panic selling yet.
Same here.
better than expected. Is it a good time to buy in more or wait a while? It is hard to decide...
March 11, 2017, 02:25:51 PM
Market has recovered better than expected. The price is again heading back to 1200$ range. Looks like more people are not going for panic selling yet.
March 10, 2017, 11:35:57 PM
The price shot up over a thousand months before most people even knew about the ETF. What makes you think it will make a difference?
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
Then take advantage of it, if you got lemons then make lemonade, if noobs want to leave their money on the table then the opportunity is yours don't let it go and take advantage of it, let them lament their mistake.If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
March 10, 2017, 11:19:18 PM
Yeah I really think that it is not the ETF why the price would fall,
I think it is really the bitcoin users who are in panic when bitcoin gets denied by the ETF.
Ignoring ETF = Ignoring multimillions dollar will flow into the bitcoin market. And all of the bitcoiners really need the approval of bitcoin etf by SEC to pump the price of bitcoin into the next level. I think it is really the bitcoin users who are in panic when bitcoin gets denied by the ETF.
I try to bring all of my bitcoin into the exchange site. And waiting for the deadline or the another announcement will come.
These markets are all separate. An investment in the Bitcoin ETF does not mean a direct increase in the real Bitcoin market. It is not like the money flows straight to the Bitcoin ecosystem.
Anyway the ETF is rejected. There is no use arguing about it now.
March 10, 2017, 03:31:05 AM
The price shot up over a thousand months before most people even knew about the ETF. What makes you think it will make a difference?
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
If it's not approved, whales will dump and price will drop... but the panic sellers will send it further. Just HODL. $10k is not far away.
I think most people know that the chances of an approval are very small, so I ask the following question:
Why is bitcoin rise in the last few days? Will be the cause of ETF?
Everyone is anticipating a fall if the ETF fails...
Maybe the price will not drop so much
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