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Topic: Lol @ Hardfork panic - page 2. (Read 1718 times)

sr. member
Activity: 1400
Merit: 347
July 16, 2017, 12:01:39 PM
#17
If the majority of users are newbies, then UASF will not happen.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
July 16, 2017, 11:42:44 AM
#16
there is just Segwit and that is a soft fork with majority's support! double LOL
That explains why there's so much panic though.  Most of the newbies that pushed the price up over about $1500 actually understood very little about Bitcoin, and were buying into speculation and hype.

When they get loads of fancy terms like "hard fork" and "soft fork" thrown at them they have no idea what's going on, so they sell.  The fact that everyone is posting threads about how scared they are of a hard fork, even though no hard fork is happening*, shows just how weak these rallies have been. 

There are a lot of weak hands in BTC at the moment, and I'll be delighted to see them go.  It's great for the long term prospects of BTC for it to stick to normal growth.

*unless BITMAIN forks off, but it seems unlikely now.  They seem to be confusing a potential chain split from UASF with a hard fork.  Hilarious that they didn't even check what "UASF" stands for.
hero member
Activity: 2996
Merit: 609
July 16, 2017, 10:54:34 AM
#15
If it's not one thing it's another. People are always panicking and dumping their coins, and what do you know..... the price always rebounds much higher.


Yes it is now seen that bitcoin prices are rising again. Although only a few tens of dollars but this is very meaningful. There is a chance that there will be another rise some time ahead, if this is true then there will be many people who will regret having been wrong in making a decision.

There have been people waiting for $100 coins since early 2015 and it never happened. Now there are hardfork panicers discussing $1000 coins, and I doubt that will ever happen either. They will regret selling below $2000 when Bitcoin is $3000+.
If they do secure profits on those sell points then theres nothing to regret since they are on profits but its much better if they decided to wait. Pullbacks or rebounds would really happen since we arent like to dump forever on bitcoins price. If theres a storm there would be a sunny day after. Panic sellers cant be avoided since they do see the trend of the market and some may just cut lose or some are taking profits or sell just to buyback a little lower.
legendary
Activity: 1232
Merit: 1091
July 16, 2017, 10:53:33 AM
#14
the price always rebounds much higher.

That's exactly why traders are loving Bitcoin so much. It takes peanuts to make a lot people here sell their coins like there is no tomorrow. I couldn't stand it anymore, and bought back some of the coins I sold above $2400, for around $1850 today. Instead of people mocking about the price going down, they should do some effort into using this lower price in their advantage. As always, when the price bounces back up, these people will buy back the coins they sold in panic at far higher levels. It's pure capital destruction.
newbie
Activity: 23
Merit: 0
July 16, 2017, 10:53:08 AM
#13
Panicing is normal, ppl sell and sometimes they reduce their cost.

and some ppl when they sell, it jumps back up.

if everyone thinks like you, then bitcoin would be 10k by now..
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
July 16, 2017, 10:52:30 AM
#12
If you look through the forum archives, you'll see people nitpicking about selling for $50/btc when they could have sold for $60/btc, etc... What difference does that make when bitcoin is around $2000~ now? It's the same thing going on since the beginning of crypto-trading. Should I have sold for $2500 or $2200? If you knew Bitcoin was going to be $20,000 one day would you sell at all?

I know it's frustrating when you lose hundreds or even thousands in a day from the price of Bitcoin. Just think, there are whales out there losing millions when the price of BTC drops. But they have been patient for years and years through the ups and downs for a REASON. You can always acquire fiat, but Cryptos are much harder to get.

Maybe they bought it for $400-$1800 years ago and don't want to lose money if BTC reach lower than those amounts. At least they are selling for a price hgher than they bought, they aren't thinking on long term, just on short one...

Anyway, if they are selling their Bitcoins, they are making some profit from it.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
July 16, 2017, 10:45:15 AM
#11
if these panic sellers were panicking over something valid or even if they really understood why they are panicking i wouldn't be this angry Cheesy
i see dumb people who don't even know why they are panicking! they sometimes look like a herd of sheep that is just following what others do!

and the worst part is there is no hard fork! LOL

there is just Segwit and that is a soft fork with majority's support! double LOL
full member
Activity: 256
Merit: 100
July 16, 2017, 10:44:12 AM
#10
If you look through the forum archives, you'll see people nitpicking about selling for $50/btc when they could have sold for $60/btc, etc... What difference does that make when bitcoin is around $2000~ now? It's the same thing going on since the beginning of crypto-trading. Should I have sold for $2500 or $2200? If you knew Bitcoin was going to be $20,000 one day would you sell at all?

I know it's frustrating when you lose hundreds or even thousands in a day from the price of Bitcoin. Just think, there are whales out there losing millions when the price of BTC drops. But they have been patient for years and years through the ups and downs for a REASON. You can always acquire fiat, but Cryptos are much harder to get.

Many are afraid of losing their last assets, so sell coins at a low price to save anything. They are not professional investors, so they succumbed to a panic and make the wrong move.
It's hard for me to look at the fact that the price is falling. But I know this is the best time to buy
legendary
Activity: 2772
Merit: 2846
July 16, 2017, 10:41:50 AM
#9
If it's not one thing it's another. People are always panicking and dumping their coins, and what do you know..... the price always rebounds much higher.


Yes it is now seen that bitcoin prices are rising again. Although only a few tens of dollars but this is very meaningful. There is a chance that there will be another rise some time ahead, if this is true then there will be many people who will regret having been wrong in making a decision.

There have been people waiting for $100 coins since early 2015 and it never happened. Now there are hardfork panicers discussing $1000 coins, and I doubt that will ever happen either. They will regret selling below $2000 when Bitcoin is $3000+.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
July 16, 2017, 10:38:04 AM
#8
If you look through the forum archives, you'll see people nitpicking about selling for $50/btc when they could have sold for $60/btc, etc... What difference does that make when bitcoin is around $2000~ now? It's the same thing going on since the beginning of crypto-trading. Should I have sold for $2500 or $2200? If you knew Bitcoin was going to be $20,000 one day would you sell at all?

I know it's frustrating when you lose hundreds or even thousands in a day from the price of Bitcoin. Just think, there are whales out there losing millions when the price of BTC drops. But they have been patient for years and years through the ups and downs for a REASON. You can always acquire fiat, but Cryptos are much harder to get.
legendary
Activity: 1162
Merit: 1000
July 16, 2017, 10:30:59 AM
#7
If it's not one thing it's another. People are always panicking and dumping their coins, and what do you know..... the price always rebounds much higher.


Yes it is now seen that bitcoin prices are rising again. Although only a few tens of dollars but this is very meaningful. There is a chance that there will be another rise some time ahead, if this is true then there will be many people who will regret having been wrong in making a decision.
legendary
Activity: 2772
Merit: 2846
July 16, 2017, 10:28:07 AM
#6
Most likely that. Only thing that bugs me is that it tempts me to sell my coins and buy them lower.... but What if the rebound comes just when my coins are sold?  Undecided

Better wait for the rebound I think  Grin

The buy back lower strategy involves trusting an exchange with your money while you wait for the bottom. If it gets hacked you could lose everything. Knowing you could have bought back lower if only your exchange hadn't been hacked isn't much compensation for losing everything.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
July 16, 2017, 10:26:45 AM
#5
I look forward to a huge SegWit speculation bubble. Even LTC doubled in the few weeks before they finally activated SegWit. And Bitcoin? Where everybody is waiting already for 2+ years now? whoaa-
 

Exactly. Litecoin was considered "dead" trading for a couple dollars early this year, and after Segwit activation hit $50+
full member
Activity: 215
Merit: 102
July 16, 2017, 10:04:34 AM
#4
I look forward to a huge SegWit speculation bubble. Even LTC doubled in the few weeks before they finally activated SegWit. And Bitcoin? Where everybody is waiting already for 2+ years now? whoaa-
 
sr. member
Activity: 630
Merit: 267
Just follow the rules
July 16, 2017, 10:03:13 AM
#3
I think this is because of some whale following the trend of the chart. They are see that the price will drop so they will just dump a little then buy on the bottom. We all know that some traders wants to earn from this dumps but only holders wins at the end.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
July 16, 2017, 10:01:53 AM
#2
Most likely that. Only thing that bugs me is that it tempts me to sell my coins and buy them lower.... but What if the rebound comes just when my coins are sold?  Undecided

Better wait for the rebound I think  Grin
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
July 16, 2017, 09:57:31 AM
#1
If it's not one thing it's another. People are always panicking and dumping their coins, and what do you know..... the price always rebounds much higher.

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