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Topic: PANIC BUYING !!!!!!! - page 15. (Read 29419 times)

full member
Activity: 210
Merit: 100
June 14, 2016, 09:01:12 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
sr. member
Activity: 420
Merit: 250
June 14, 2016, 04:59:40 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.
sr. member
Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 14, 2016, 04:58:21 AM
im also buying right now, i believe that it is one of the best opportunities to top up bitcoins in order to gain

i think that the price is still going up and it will keep on going up really fast, lets hope it will allow us to make money
sr. member
Activity: 392
Merit: 250
June 14, 2016, 03:40:23 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.
hero member
Activity: 3010
Merit: 666
June 14, 2016, 03:34:15 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.
legendary
Activity: 2940
Merit: 1083
June 14, 2016, 03:27:08 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.
sr. member
Activity: 364
Merit: 250
June 14, 2016, 02:09:11 AM
Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.
We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.
Buying now will be really bad and that is because you have to know that the value of Bitcoin is now rising and that is really nice for the people who already have Bitcoin.
But of course it will be really hard to know what is going to happen in the future later but you just have to hold it now at the moment.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
June 13, 2016, 10:41:48 PM
Panic buying will not happen at the price today because people will not sell also as they think the price will increase more in the coming future.
hero member
Activity: 952
Merit: 500
June 13, 2016, 07:05:43 PM
...

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.
If China makes the price of bitcoin, so what wrong in it?
Actually it is good for bitcoin and also for us, in this time, day to day bitcoin price is going up, and that is good for all of us, because in this way, we are getting the profit. Mostly that people who are holding the bitcoins and wait for that moment, when bitcoins will be reached at the highest and than they sell it, i m also include in this list, i m holding my bitcoins for a long time period, and i think it is a good time to sell it now.   
Nothing is wrong with it, I just heard the news and I agree it is good for the community as the workers and investors like us will be benefited more. Also, the long time holders of bitcoins is already celebrating now as they will witness again the bitcoin going to the moon.
sr. member
Activity: 336
Merit: 250
June 13, 2016, 06:48:08 PM
Do not go Panic Buying since we do not know what will happen after halving. Possibly bitcoin may go up or may go down. So if you want to purchase bitcoin in huge volumes due to panic buying think twice if its a good idea. Remember bitcoins price is unstable everything is a gamble.
hero member
Activity: 588
Merit: 500
June 13, 2016, 05:48:15 PM
...

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.
If China makes the price of bitcoin, so what wrong in it?
Actually it is good for bitcoin and also for us, in this time, day to day bitcoin price is going up, and that is good for all of us, because in this way, we are getting the profit. Mostly that people who are holding the bitcoins and wait for that moment, when bitcoins will be reached at the highest and than they sell it, i m also include in this list, i m holding my bitcoins for a long time period, and i think it is a good time to sell it now.   
legendary
Activity: 2086
Merit: 1058
June 13, 2016, 04:09:32 PM
i hope that there will be a huge panic buy because people will try to make a lot of money

im buying some coins at the moment too because i know that the price will grow a lot

People are buying in bulk only to take advantage from halving and that is the reason we are seeing rapid growth in the price of bitcoin at a moment.
legendary
Activity: 1232
Merit: 1091
June 13, 2016, 03:56:36 PM
What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.

Demand from China seems to partly come from people using Bitcoin as a tool to get money out of their country. It basically means that at some point they will unload the coins that they bought. It's just a matter of time.
sr. member
Activity: 447
Merit: 250
June 13, 2016, 03:26:04 PM
i hope that there will be a huge panic buy because people will try to make a lot of money

im buying some coins at the moment too because i know that the price will grow a lot
legendary
Activity: 2968
Merit: 1895
June 13, 2016, 02:54:57 PM
...

Typically price spikes lead to some kind of price dump downwards, at least in the short-term.

BTC's YUUGE spike might allow some to consider doing a little BTC selling...  One way to sell BTC is to spend some on other investments.  Like gold.

It would not surprise me a bit if Americans & Europeans are doing some net selling today...
newbie
Activity: 13
Merit: 0
June 13, 2016, 02:39:24 PM
What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.

3 years ago, Mt Gox is the largest exchange, so it can manipulate the market. Now it is impossible to do that by a single exchange.
legendary
Activity: 3276
Merit: 2442
June 12, 2016, 02:46:04 AM
What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.
legendary
Activity: 1442
Merit: 1016
June 12, 2016, 02:22:51 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.

Yes it looks like the chinese started to pump the price again.
When you check the chinese exchanges, the average price in dollar is round about $648 while the western exchanges are around $630.
Posssible that CNY have seen or will see another devaluation and therefore another wave of capital flight kicked in.
hero member
Activity: 756
Merit: 503
June 12, 2016, 02:12:38 AM
Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.
We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

I hope $500 is a stable price, or $500 will be the lowest price in case of dump after halving occur.
I think $500 value is not enough to be stable what will happen to miners they are not profiting in mining if the price will still at $500 value.. and i think its the best price will be is $600 or $700..
yeah it seems to be the fact that the current price reaches $600 more, but it is not certain that it will be stable after halving occurs.
I just hope that the price does not drop below $500, so the price can go back up quickly if there is a dump after halving
hero member
Activity: 952
Merit: 500
June 12, 2016, 01:46:37 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.
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