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Topic: PANIC BUYING !!!!!!! - page 14. (Read 29407 times)

legendary
Activity: 3514
Merit: 1280
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June 15, 2016, 05:23:31 AM
All who bought at over 700 $ they were panic buyers in my opinion as well.I am not saying price will not increase again but it is craziness to stock up at this high.There was never and will never be movement in one direction.It is phase of accumulation plus correction so many panic buyers will be panic sellers too in this phase if this is prolonged few days.

Bulls make money, bears make money, and only pigs get slaughtered
hero member
Activity: 700
Merit: 500
June 15, 2016, 02:45:16 AM
I always avoid to sell or buy in extreme situations.In last couple of days whatever was in this many people bought in panic thinking price will hit straight 1k $ mark.These panic buyers were source of getting nice profit for some experienced and calm sellers who bought earlier.Now again they can re-buy and still will be in profit.
legendary
Activity: 1876
Merit: 1005
June 15, 2016, 02:20:40 AM
All who bought at over 700 $ they were panic buyers in my opinion as well.I am not saying price will not increase again but it is craziness to stock up at this high.There was never and will never be movement in one direction.It is phase of accumulation plus correction so many panic buyers will be panic sellers too in this phase if this is prolonged few days.
sr. member
Activity: 370
Merit: 250
Forza Italia
June 15, 2016, 02:09:10 AM
I am not sure buying bitcoins at this price is smart thing to do. It went more than +100$ over night, it could easily drop down. And price is too high for buying and its very very unstable. But of course, this is only my opinion!

It looks like a given that if not collapse then serious correction is looming if not before then after the halving
What if the price is real, it could be due to the high demand of people who wants to adopt with bitcoins, if they are making the price move then surely it will still increase in the next few day. I would advise that you do a short term investment on this one for a guaranteed money.
It is now not the right time to buy and that is because you have to take a look at the value and you can already see now that the value of Bitcoin is becoming higher and that is nice for people who already have Bitcoin.
The just have now only to wait for the right moment to sell it when they can earn some profit with it.
hero member
Activity: 952
Merit: 500
June 15, 2016, 01:35:16 AM
I am not sure buying bitcoins at this price is smart thing to do. It went more than +100$ over night, it could easily drop down. And price is too high for buying and its very very unstable. But of course, this is only my opinion!

It looks like a given that if not collapse then serious correction is looming if not before then after the halving
What if the price is real, it could be due to the high demand of people who wants to adopt with bitcoins, if they are making the price move then surely it will still increase in the next few day. I would advise that you do a short term investment on this one for a guaranteed money.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 14, 2016, 04:09:07 PM
I am not sure buying bitcoins at this price is smart thing to do. It went more than +100$ over night, it could easily drop down. And price is too high for buying and its very very unstable. But of course, this is only my opinion!

It looks like a given that if not collapse then serious correction is looming if not before then after the halving
legendary
Activity: 1932
Merit: 2272
June 14, 2016, 03:52:35 PM
I am not sure buying bitcoins at this price is smart thing to do. It went more than +100$ over night, it could easily drop down. And price is too high for buying and its very very unstable. But of course, this is only my opinion!
sr. member
Activity: 336
Merit: 250
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June 14, 2016, 03:58:00 PM
panic buying is not happening just right now in my opinion because people are still not buying their bitcoins really fast
legendary
Activity: 896
Merit: 1000
June 14, 2016, 03:46:39 PM
The best move that anyone got in was before this halving scenario, which was around $430ish.

But I say everyone is in profit technically because if the prices reach to a higher mark like $1k then its still consider profit.

that's assuming the price will go up that high. we don't know that yet. maybe the price will start to fall back down to $500's in a matter of days.
legendary
Activity: 1456
Merit: 1002
June 14, 2016, 03:25:12 PM
The best move that anyone got in was before this halving scenario, which was around $430ish.

But I say everyone is in profit technically because if the prices reach to a higher mark like $1k then its still consider profit.
hero member
Activity: 952
Merit: 1000
June 14, 2016, 03:05:45 PM
Unfortunately it seems a bit late to start buying. At least for my limited economy a bitcoin price more than $500 means an increased risk to buy, that is why my only alternative at this moment is to acquire more coins through trading or services, but not through direct purchase.

Price is comparatively higher at this stage and not all of us can afford to buy at this price, its better to earn bitcoins where you don't need to invest your money.
member
Activity: 101
Merit: 10
June 14, 2016, 03:05:05 PM
Unfortunately it seems a bit late to start buying. At least for my limited economy a bitcoin price more than $500 means an increased risk to buy, that is why my only alternative at this moment is to acquire more coins through trading or services, but not through direct purchase.
We just rose like 20% in one week and we're stable. That's been the theme of this rally. Raise in value significantly and then become stable to do it again in a few days or next week. This shows great strength even though people are taking profits at key points like $700 etc.
hero member
Activity: 966
Merit: 507
June 14, 2016, 02:59:56 PM
Unfortunately it seems a bit late to start buying. At least for my limited economy a bitcoin price more than $500 means an increased risk to buy, that is why my only alternative at this moment is to acquire more coins through trading or services, but not through direct purchase.
hero member
Activity: 840
Merit: 1000
June 14, 2016, 02:04:17 PM
Well i'm not on panic buying though. Luckly i already buy some bitcoins 2 weeks ago and the result is so good, but i think there's no need panic buying anymore, because i think the price will go down or stable.
Its not too late as what I see we can reach 4digit this coming July and that would be the highest then you can still profit if you buy now.

We are not too far from 4 digit price now it will be achieved at the time of halving, so if you have faith in potential of  bitcoin then you should buy some coins now.

Exactly day by day we are getting closer to 4digit price. So nothing to panic, can buy as the ongoing increase as well halving is to give assured increase in price.

There is nothing to panic at this stage, this is the right time to buy as price as dropped relatively today so if we buy at this price then we can expect good profits at the time of halving as price would be higher.
legendary
Activity: 3234
Merit: 1214
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June 14, 2016, 01:38:10 PM
Well i'm not on panic buying though. Luckly i already buy some bitcoins 2 weeks ago and the result is so good, but i think there's no need panic buying anymore, because i think the price will go down or stable.
Its not too late as what I see we can reach 4digit this coming July and that would be the highest then you can still profit if you buy now.

We are not too far from 4 digit price now it will be achieved at the time of halving, so if you have faith in potential of  bitcoin then you should buy some coins now.

Exactly day by day we are getting closer to 4digit price. So nothing to panic, can buy as the ongoing increase as well halving is to give assured increase in price.
hero member
Activity: 658
Merit: 500
June 14, 2016, 01:35:15 PM
Well i'm not on panic buying though. Luckly i already buy some bitcoins 2 weeks ago and the result is so good, but i think there's no need panic buying anymore, because i think the price will go down or stable.
Its not too late as what I see we can reach 4digit this coming July and that would be the highest then you can still profit if you buy now.

We are not too far from 4 digit price now it will be achieved at the time of halving, so if you have faith in potential of  bitcoin then you should buy some coins now.
Yeah, even now i think there's more holders are still buying because anytime it can reach the 4 digit price of bitcoin.i guess next of panic buying will be selling after it reach $1000 price .hehe
legendary
Activity: 2464
Merit: 1102
June 14, 2016, 11:30:28 AM
Well i'm not on panic buying though. Luckly i already buy some bitcoins 2 weeks ago and the result is so good, but i think there's no need panic buying anymore, because i think the price will go down or stable.
Its not too late as what I see we can reach 4digit this coming July and that would be the highest then you can still profit if you buy now.

We are not too far from 4 digit price now it will be achieved at the time of halving, so if you have faith in potential of  bitcoin then you should buy some coins now.
full member
Activity: 210
Merit: 100
June 14, 2016, 10:59:56 AM
Well i'm not on panic buying though. Luckly i already buy some bitcoins 2 weeks ago and the result is so good, but i think there's no need panic buying anymore, because i think the price will go down or stable.
Its not too late as what I see we can reach 4digit this coming July and that would be the highest then you can still profit if you buy now.
sr. member
Activity: 389
Merit: 250
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June 14, 2016, 09:46:21 AM
I bought bitcoin last week and i earn profits from it, but now its not to late to buy bitcoin, you can gain if you buy bitcoin , its never too late to buy
i doubt that it is too late at the moment, the price wont be stable for a long time and it will soon start growing
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
June 14, 2016, 09:36:04 AM
...

I wonder if anything is going on in China...    Huh

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.
So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

I think it is not about the large population it is their stocks of bitcoins in their hands. They can control it anytime with that amount and they are taking it up  now. Dont know why.
We can find out later after the price began to stabilize, right now we just have to enjoy the profit of short term investment. We are just all speculating here and hoping that everything goes well in the future.

Yeah this is the time to grab some good and quick profits, I sold few of my coins yesterday as price was really good for me and I hope price will keep on rising in future too.
Buying will be now bad and that is because you have to know that the price of Bitcoin started to rise and that is really nice for people who already have Bitcoin so that is nice.
But of course you never know what will truly happen in the future and that is the most risky thing.
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