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Topic: PANIC BUYING !!!!!!! - page 16. (Read 29407 times)

legendary
Activity: 2940
Merit: 1865
June 11, 2016, 11:55:59 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.
hero member
Activity: 952
Merit: 500
June 11, 2016, 11:53:02 PM
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..
I agree, with the current price now if it it continue to increase and become stable after the halving, the miners can still world profitably. The halving brought them difficulty to mine but with the best price available it will still result them a net income.  We just have to support the community by spreading the good news of bitcoins to attract more investors and users that would push the price to increase more.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
June 11, 2016, 12:41:32 PM
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..
hero member
Activity: 756
Merit: 502
June 11, 2016, 12:15:54 PM
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.
hero member
Activity: 714
Merit: 500
June 11, 2016, 11:47:51 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.
legendary
Activity: 1526
Merit: 1179
June 11, 2016, 11:36:27 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.
legendary
Activity: 1036
Merit: 1002
June 11, 2016, 10:42:30 AM
Give me cheap Bitcoin.......  Grin Grin Grin Grin Grin

never mind panic selling at what price will we be panic buying....lol  below $200 would be nice to see again.

Lol panic buying can effect the bitcoin price will pump and pumping of bitcoin price will cause many money i earned. So Panic buying is te best and panic selling so that i can get bitcoin in low price and wait to rise again and sell it again. Pro traders wants it. It can cause many earnings from bitcoin.
sr. member
Activity: 313
Merit: 250
June 11, 2016, 10:38:52 AM
Well whenever the coin goes up in value there must be people thinking that the future value of Bitcoin will be a lot higher than today.

However, I don't think we should call this "panic buying". More just like regular market fluctuations.
hero member
Activity: 966
Merit: 506
June 11, 2016, 10:33:26 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.
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
June 11, 2016, 10:19:18 AM
Give me cheap Bitcoin.......  Grin Grin Grin Grin Grin

never mind panic selling at what price will we be panic buying....lol  below $200 would be nice to see again.

well of course that price below 200$ would be awesome to see for us only, but not for bitcoin as people won't want to invest in weak currency with small price then, so it would be bad

and i think that we won't see price below 200$ or even below 350$, as price at this moment is 550$ and it still will rise in near future because of halving so it will be large soon
sr. member
Activity: 462
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 11, 2016, 10:09:01 AM
i cant see panic buy happening at the moment, people seem to buy bitcoins and push the price though its not happening fast
hero member
Activity: 756
Merit: 503
June 11, 2016, 10:03:27 AM
In my opinion its too late to buy bitcoin now if you want to have profit you should find a work which will pay you a bitcoin. Earning bitcoin now is better than buying.
Its not too late to buy bitcoin right now,, cause the bitcoin price will be at 8'700-800 after halving.
Better to buy bitcoins right now and hold them till its price is good for selling.
it is still uncertain that after halving will directly increase to $700-800.
but if you believe and dare to take risks for buy at this time was not a problem. but I agree this time a little late to buy.

full member
Activity: 126
Merit: 100
June 11, 2016, 09:54:17 AM
In my opinion its too late to buy bitcoin now if you want to have profit you should find a work which will pay you a bitcoin. Earning bitcoin now is better than buying.
Its not too late to buy bitcoin right now,, cause the bitcoin price will be at 8'700-800 after halving.
Better to buy bitcoins right now and hold them till its price is good for selling.
legendary
Activity: 896
Merit: 1000
June 11, 2016, 09:52:33 AM
All the time is good to buy bitcoin if you know you can gain profit when you buy, do not hesitate because bitcoin never loose your money but it will depend on you how to manage your bitcoin.

if you never sell, you won't make any losses. the problem with some people is that they just yolo buy at a certain price hoping to make some quick bucks. it doesn't work like that. yolo buying is basically the same as gambling. you just need some luck. and that's it.
full member
Activity: 121
Merit: 100
June 11, 2016, 09:49:04 AM
All the time is good to buy bitcoin if you know you can gain profit when you buy, do not hesitate because bitcoin never loose your money but it will depend on you how to manage your bitcoin.
legendary
Activity: 2170
Merit: 1427
June 11, 2016, 04:35:28 AM
better im waiting the price go lower again Roll Eyes
waiting under $550

You had enough time to buy yourself plenty of coins far below $500, so why didn't you use that price in your advantage when you could?
member
Activity: 109
Merit: 10
June 11, 2016, 04:13:03 AM
better im waiting the price go lower again Roll Eyes
waiting under $550
full member
Activity: 210
Merit: 100
June 11, 2016, 04:11:05 AM
If you buy now you can gain profits in buying now. But if you buy last month or older you will make a great profit from bitcoins
sr. member
Activity: 406
Merit: 250
June 11, 2016, 12:59:58 AM
In my opinion its too late to buy bitcoin now if you want to have profit you should find a work which will pay you a bitcoin. Earning bitcoin now is better than buying.
legendary
Activity: 3472
Merit: 10611
June 10, 2016, 10:27:45 PM
there is always people in bitcoin market who decide based on their emotions and because of feeling left behind / missing out or the opposite feeling like losing so they panic and start buying or selling respectively. that is why this market is always so volatile. and also because it is filled with new and inexperienced investors who make decisions based on what they read on social media no matter the source.
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