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Topic: Is everyone "Cashing out" - page 5. (Read 1153 times)

legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 22, 2017, 05:09:16 AM
#85
There is a panic at the market. So the main whales' goal is reached. In my opinion the Christmas and NY time fits very well for the grand correction. I guess it lasts for 1 month, maybe a little bit more.
sr. member
Activity: 279
Merit: 254
December 22, 2017, 05:03:50 AM
#84
Next weeks are a nice time to buy more BTC. I predict 25k BTC in February.
We have already experiencing a huge dump of bitcoin and it could be possible that some of us are doing cash out fro. Different exchanger. We're not sure of it will continue until this year end and back by mid January. I know some of us are gettung worried for this, but isn't the end of bitcoin and I belief it would be back shortly.

Look at the monthly chart. BTC was 8k. That's an insane grow, a correction is just normal. Here corrections are sharp, since the market is young and people panic sell or panic buy.

Look at the fundamentals, look at how many people are looking at BTC, how many institutions are starting to trading it. It seems to you a bad period for cryptocurrency? It's seems not to me. It's just that every crypto in top 20 made ATH last week, they must correct at some point.
member
Activity: 462
Merit: 11
December 22, 2017, 04:59:58 AM
#83
I think so, Chritmas and happy new year make everyone need money for holiday.  But the price will be going up again in beginning of january. And next year the volume and market cap of cryptocurrency will bigger because more people will jump in to this crypto world.
full member
Activity: 700
Merit: 117
December 22, 2017, 04:56:36 AM
#82
Next weeks are a nice time to buy more BTC. I predict 25k BTC in February.
We have already experiencing a huge dump of bitcoin and it could be possible that some of us are doing cash out fro. Different exchanger. We're not sure of it will continue until this year end and back by mid January. I know some of us are gettung worried for this, but isn't the end of bitcoin and I belief it would be back shortly.
sr. member
Activity: 279
Merit: 254
December 22, 2017, 04:50:43 AM
#81
Next weeks are a nice time to buy more BTC. I predict 25k BTC in February.
newbie
Activity: 59
Merit: 0
December 22, 2017, 04:35:36 AM
#80
The game is playing as it was supposed to
The big bankers will be loving this you no  they made all this hype
And it will just be the same again only the next times it go’s up
Who no’s where it will stop?
It will drop 50% in the next day it all most all ready as
full member
Activity: 261
Merit: 100
December 22, 2017, 04:21:39 AM
#79
Yeah the Christmas cash-in

Agree. I didn't cash out but most probably a lot are doing it because it'll be Christmas in just a few days and they're going to need the money. But if I were them I'd sell some shares during ATH last week for more funds. I envy those who have buying power nowadays.
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
December 22, 2017, 04:17:52 AM
#78
maybe beacuse of Christmas people are cashing out to celebrate but it was predicted by analysts that panic will happen and there is no need to panic we need to hold  our alts. it will over soon and then btc may hit 50k. who knows
hero member
Activity: 770
Merit: 500
December 22, 2017, 04:12:38 AM
#77
My guess would be yes, a lot of people have cashed out to fiat which is why we are seeing over 200 billion gone from cyptocurrency.  I would also think that the money will flow back in once they see the market is green again.  Right now almost everything in the market is at a loss, so they are just protecting their investment by selling for fiat. 
full member
Activity: 448
Merit: 232
December 22, 2017, 04:10:07 AM
#76
Yes, in the last few days we see how in the market the crypto currency is heavily "stormy". All these metamorphoses on the market occur against the backdrop of the rapid growth of unconfirmed transactions in the Bitcoin network, the number of which at some points exceeded 140 thousand. This state of affairs may indicate a planned attack on the bitcoin network. People, seeing a sharp decline of Bitcoin, and predicting a further decline, begin to withdraw money from their wallets. It turns out "hermeneutic circle." The more people deduce money - the more the price of Bitcoin falls. And vice versa.
copper member
Activity: 179
Merit: 0
December 22, 2017, 04:02:40 AM
#75
I suppose it is, because of few things. The new year and Christmas are coming, and people needs fiat currency for presents. Also price was really high, and some people thought it was good time for selling. But this drop in price is not something we should worry about.

Don't worry, be happy Wink. Keep calm an and buy crypto Wink
hero member
Activity: 3080
Merit: 603
December 22, 2017, 04:00:59 AM
#74
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

Probably whales are cashing out and the middle to low volume holders did followed with the hype or has a feeling of FOMO. Majority of the listed coins on the coinmarketcap were all affected and there's no one that can avoid this thing. On these days the best thing to do is to wait for it's increase or while waiting for that pump again and greener pastures, take the ride of buying your desired coins because after this it will really pump.
newbie
Activity: 67
Merit: 0
December 22, 2017, 03:54:43 AM
#73
I will see what happens and try to understand it.
to take a good step forward his for my self, better view and understand, megikuti or against the current
newbie
Activity: 37
Merit: 0
December 22, 2017, 03:52:55 AM
#72
Agree with all of you, but there is a lot of pumping and dumping in the smaller coins. 'Smart' money has entered in the market and this is how they make a living...Also, this market is a money launderer's wet dream! Especially for insiders/developers, are dropping very large amounts....
Also, what is it with the all the weed-coins? They are all up like 800%!
sr. member
Activity: 560
Merit: 257
December 22, 2017, 03:49:51 AM
#71
I suppose it is, because of few things. The new year and Christmas are coming, and people needs fiat currency for presents. Also price was really high, and some people thought it was good time for selling. But this drop in price is not something we should worry about.
member
Activity: 322
Merit: 10
December 22, 2017, 03:39:28 AM
#70
I think I say yes because not all goods and some stuffs are we can buy online you can only use it in an online business or online payment. Here in my country are not really have a high technology gadgets but some little places that's why I always cashout to buy goods to eat.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
December 22, 2017, 03:39:18 AM
#69
Quote from: rick
ou812 link=topic=2629475.msg26756192#msg26756192 date=1513910123
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
No I'm not, i just continue to hold through this market correction. I believe the price of my alts will recover and even though the price is down but I'm still in profit since the time i bought them. The market is in bearish condition so it's better to hold rather than sell at loss.
legendary
Activity: 1218
Merit: 1001
December 22, 2017, 03:38:43 AM
#68
This is the first scene of "Game of CryptoCash"
They first send too many transactions to bitcoin network then switched miners to bitcoin cash. now bitcoin network is almost dead. "Game Of Crypto"
P.S  : just a scenario from my imagination.
full member
Activity: 583
Merit: 106
December 22, 2017, 03:30:30 AM
#67
Sell now.... or you loose everything.... Roll Eyes

We have seen this million times before. Take a break go outside, forget charts for few days.
full member
Activity: 490
Merit: 100
December 22, 2017, 03:25:42 AM
#66
I think every savvy investors may be cashing out. It is unprofessional of creator of some prominent altcoin to have declared that they sold every single coin of their own created coin and some other coin they held. Basing such action on conflict of interest. If the owner of enterprise is cashing out, what do you think investors would do?
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