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Topic: Is everyone "Cashing out" - page 6. (Read 1166 times)

full member
Activity: 574
Merit: 102
https://adonx.one
December 22, 2017, 02:22:49 AM
#65
The price will be back to normal again. I think the price of all crypto down now because already overbought and not because everyone cashout cause Chritmas and iam sure all coin rebounce again in a few days
full member
Activity: 1330
Merit: 248
December 22, 2017, 02:18:41 AM
#64
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
Yeah, that is also my prediction, I think there are several of big investors cashing out these past few days, maybe because it's Christmas and we cannot blame them to cash out because they already earn profit with their big capitals. So for sure, yes! They are cashing out.
member
Activity: 98
Merit: 10
December 22, 2017, 02:15:06 AM
#63
Maybe natural drop or christmas cash out
full member
Activity: 448
Merit: 100
December 22, 2017, 02:14:38 AM
#62
But now, the cryptocurrency market will cool before the holidays and we will go on a new rise , to conquer new heights
legendary
Activity: 1946
Merit: 1007
December 22, 2017, 02:11:50 AM
#61
In 2013, everyone thought that bitcoin had reached $ 1200 and less than 800-1000 would not fall, but bitcoin fell to $ 250.
Many do not know what a real panic sale is.

Imagine waking up tomorrow with 2.5k bitcoins. everyone would be selling and screaming here and the smart people buying all their cash on BTC

That drop to 250 happened over the course of several months.

Stuff like that doesn't happen overnight apart from a flash crash here and there due to thin order books.
jr. member
Activity: 112
Merit: 2
December 22, 2017, 02:09:46 AM
#60
I think this situation is the last chance to invest in crypto before Bitcoin and Co. rocket off to the moon Wink
sr. member
Activity: 574
Merit: 251
December 22, 2017, 01:49:23 AM
#59
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
Well i convert my crypto into usdt because i knew that bitcoin will go down and alt will also suffer because of it. I will buy bitcoin and alts again once the situation is normal again.
member
Activity: 65
Merit: 10
December 22, 2017, 01:48:45 AM
#58
I don't think we have seen to bottom yet, I would wait at least 24h until cashing back in. Propably even few days. There are investors waking up all over the world and starting their morning routines, checking rates, calculating exit points, cash in points etc. Bitcoin and Eth will be dropping in waves which will affect other coins as well.
hero member
Activity: 854
Merit: 522
December 22, 2017, 01:46:52 AM
#57
Just noticed a sudden drop in all the top cryptos, is there a large cash in for fiat in progress??
No i don't think, the price of digital coins ( bitcoin, ethereum and other alternative coins) goes down doesn't mean they are making withdrawal large of fiat money but it is just fluctuation in the price, usually the price will goes up again in couples weeks later because some reasons Bitcoin is Digital Gold
Ligthning network will be (coming up) - Digital Currency
- Smart implementations
- Top Notch Devs
- Envisioned by Satoshi
While the price of bitcoin goes up again the price of alternative coins will follow the bitcoin's price, so just relax dude the price will be rising soon.

Not worried about long term value.  But, something is driving the sudden sell off of the top coins.  They are not exchanging for other crypto like usual.. everything is down.
Oh okay i can understand if you are short term investment in trading activity, and my opinions is still say no we must be relax even the price of digital coins are down, the true problem actually in your management of money, should you never all of your money in one kinds of digital coins, please don't be greed to getting large of profit from trading, the constant daily, weekly or monthly profit from trading is more better than big profit in one time and the next time just getting lost.
member
Activity: 588
Merit: 18
December 22, 2017, 01:44:19 AM
#56
Such fiat fluctuations are fairly normal in the cryptocurrency exchange market. I don't think it influences long-term investors. Having short-term positions will have to wait for a while.
full member
Activity: 370
Merit: 100
December 22, 2017, 01:43:58 AM
#55
i think it much more people are cashing in because the coins are cheaper now and also there are some people that cashing out because it is Christmas you really need to buy gift for you family and other people as well
sr. member
Activity: 696
Merit: 258
December 22, 2017, 01:41:11 AM
#54
Bitcoin price alone is not down, however most of the altcoins are down. There are so many reason for this and cashing out is not the only reason but one of the reason out of many.

If you see the historical graph of Bitcoin, you may observe that when price comes down then it would bounce back to where it was or more than where it was in few days.

For people already bought Bitcoin need to wait patiently and no need to worry.

For those haven't bought one, it's right time to buy Bitcoin since the price would shoot up in few days and you may get some nice profit in short or long term.
member
Activity: 65
Merit: 10
December 22, 2017, 01:36:36 AM
#53
In my very limited portfilio, only Eth and Bitcoin are dropping. Due to that, dollar/euro value of others is dropping a bit as well. But for my suprise, few coins are increasing against fiat and eth/btc, like Stratis, Stellar and Komodo and some others. To me it just seems that mainstream investors and newbies that have just bought BTC and Eth are cashing out. The rest are enjoying opportunities Smiley Wish I had loose fiat to invest at the moment Cheesy
full member
Activity: 756
Merit: 103
December 22, 2017, 01:34:51 AM
#52
I think all are cashing out, and most will do earlier or later because they are scared if the cost goes down then they get reduction. Currently Xmas is their so individuals will take out for money, but after Xmas and New Year you will see a lot of distinction between ups and down.
sr. member
Activity: 560
Merit: 250
December 22, 2017, 01:34:03 AM
#51
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??


I think this is a market behavior, so do not be surprised. this is normal and ahead of christmas and the end of the year. I think everything will be back to normal once early next year.
jr. member
Activity: 56
Merit: 1
December 22, 2017, 01:29:06 AM
#50
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

They have the market under control, making the big bucks from us who ain't experienced traders.
I'm thinking on converting all the crypto into tether before new year.
hero member
Activity: 742
Merit: 500
December 22, 2017, 01:27:53 AM
#49
Just noticed a sudden drop in all the top cryptos, is there a large cash in for fiat in progress??
No i don't think, the price of digital coins ( bitcoin, ethereum and other alternative coins) goes down doesn't mean they are making withdrawal large of fiat money but it is just fluctuation in the price, usually the price will goes up again in couples weeks later because some reasons Bitcoin is Digital Gold
Ligthning network will be (coming up) - Digital Currency
- Smart implementations
- Top Notch Devs
- Envisioned by Satoshi
While the price of bitcoin goes up again the price of alternative coins will follow the bitcoin's price, so just relax dude the price will be rising soon.

I agree with you, you can see the usdt price on some fiat C2C exchange are higher than a few days ago, that means a lot of investors are running into this game, so it will recover soon in my opinion.
legendary
Activity: 1218
Merit: 1001
December 22, 2017, 01:24:33 AM
#48
If a network start to process 1.97 tx/sec then everyone must cash out. There are around 300k unconfirmed transactions and mempools almost full and this makes bitcoin useless.
This is the main reason.
full member
Activity: 490
Merit: 106
December 22, 2017, 01:21:10 AM
#47
i dont understand why poeple so easy to cut loss when see price go down.
for me if price going down thats mean free signal for buy more  Cheesy
full member
Activity: 574
Merit: 102
December 22, 2017, 01:19:27 AM
#46
People panicking and selling their coins and smart people buying coins makes the trading volume high.
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