panic selling - page 106. | Bitcointalksearch.org

xuan87

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Quote from: pearl11 on June 01, 2016, 07:56:59 AM

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

yes it will impact bitcoin price, because bitcoin is decentralized then the price is based on pump and dump, recently there was a huge raise in bitcoin but not until 4 hours the price already go down to the state, so when someone dump big portion of bitcoin it will impact the market, but some people play bitcoin to earn profit so it's not their fault when they see the opportunity to earn profit

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Quote from: Caladonian on November 14, 2016, 06:44:59 AM

Quote from: BitHodler on November 14, 2016, 06:33:13 AM

Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

Well thats why experience should teach us how to hold on and by he time that the price slowly showing some downfall we will not do anything but just to wait and believe that this project will possible to bounce back and no need to woorried just continue supporting it.

actually experience dictates that you should first look for a reason why there is a drop and never blindly support or deny something.
for example with bitcoin when there is a drop of $20 everybody starts screaming crash and panic and it is up to the reader to decide is it really a crash or just a normal drop and an opportunity to buy. and when you reach that point where you could answer these questions then you start earning real money.

Caladonian

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Quote from: BitHodler on November 14, 2016, 06:33:13 AM

Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

Well thats why experience should teach us how to hold on and by he time that the price slowly showing some downfall we will not do anything but just to wait and believe that this project will possible to bounce back and no need to woorried just continue supporting it.

BitHodler

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Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

tee-rex

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Quote from: mirakal on November 14, 2016, 04:44:21 AM

Quote from: antonioa on November 09, 2016, 03:31:01 PM

Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

People who are not smart can do panic selling anytime when they see the price is falling but smart investor will have to know the reason behind first before selling, whales love the action of the people selling so they can buy cheap bitcoins and I think they are the ones making negative news to take advantage of the weak people's decision.

This has more to do with how much money they poured into trading. These people are not smart not just because they are panic selling whenever the price goes down but mainly because they invested too much money for their income level and loss tolerance. If they kept balance between the amount of money they are going to invest and the amount of money they are ready to lose without a lot of pain in the ass, they would hardly panic at every price movement.

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Quote from: antonioa on November 09, 2016, 03:31:01 PM

Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

People who are not smart can do panic selling anytime when they see the price is falling but smart investor will have to know the reason behind first before selling, whales love the action of the people selling so they can buy cheap bitcoins and I think they are the ones making negative news to take advantage of the weak people's decision.

antonioa

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Quote from: hawkins on November 09, 2016, 01:01:22 PM

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

hawkins

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panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

mastica

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Quote from: serjent05 on November 09, 2016, 12:32:20 PM

Quote from: Paritor on November 09, 2016, 10:34:54 AM

Quote from: South Park on November 04, 2016, 07:36:30 PM

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now. I think the new floor is $700. With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then. You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

Even with bitcoin improving, i do believe that still be possible to bitcoin to return to the 600 dollars, might not be this year but it can return, the ammount i doubt will hit again is the 500 dollars those is something i dont believe bitcoin will touch again.

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Quote from: Paritor on November 09, 2016, 10:34:54 AM

Quote from: South Park on November 04, 2016, 07:36:30 PM

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now. I think the new floor is $700. With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then. You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

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Quote from: South Park on November 04, 2016, 07:36:30 PM

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

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Quote from: DeDordtenaar on November 04, 2016, 05:54:05 PM

Quote from: eaLiTy on November 04, 2016, 08:23:30 AM

Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price

I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

Today the price of bitcoin went down in compare to yesterday so I think many people sold their coins to grab the profits and that is the reason price fell, and as price has gone down we can expect that people will again start buying it which will again contribute in taking price higher in coming days.

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Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

Doamader

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Any threat to try to control bitcoin will result into a loss of value of bitcoin, any country can control bitcoin but must remain hidden, because if someone does find those bitcoin will die almost instant. But looks like just some whales take boost into the news to make bitcoin go down to buy more bitcoins and now be able to earn almost 10% with the dump.

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Quote from: eaLiTy on November 04, 2016, 08:23:30 AM

Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price

I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

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Quote from: outatime1 on November 04, 2016, 05:37:28 PM

Quote from: tee-rex on November 04, 2016, 05:30:24 PM

Quote from: n691309 on November 04, 2016, 05:23:00 PM

Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

I usually read the news here in forum and I have read that something in China has happened and I believe that this is the only thing that could affect so much the bitcoin price.

The price is still holding above $700. Anyways, it doesn't look like a massive panic sell. It didn't plummet to $600, around which it had been hanging for nearly two months after the Bitfinex hack in early August. It fell something like 40 dollars, nothing out of the ordinary given the previous growth for a few weeks without a major correction. $700 seems to be a new support level now.

I agree that it probably was more of a correction than a panic sell. The price went up very quickly and it only pulled back to less than half of the quick rise.

Might have been a correction, but I'm thinking that it potentially possible that a good portion of the selloff was encouraged by some of the rumors of a capital control being imposed by China. While unlikely, I think it is entirely possible for a majority of people that they got nervous and sold off a portion.

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Quote from: tee-rex on November 04, 2016, 05:30:24 PM

Quote from: n691309 on November 04, 2016, 05:23:00 PM

Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

I usually read the news here in forum and I have read that something in China has happened and I believe that this is the only thing that could affect so much the bitcoin price.

The price is still holding above $700. Anyways, it doesn't look like a massive panic sell. It didn't plummet to $600, around which it had been hanging for nearly two months after the Bitfinex hack in early August. It fell something like 40 dollars, nothing out of the ordinary given the previous growth for a few weeks without a major correction. $700 seems to be a new support level now.

I agree that it probably was more of a correction than a panic sell. The price went up very quickly and it only pulled back to less than half of the quick rise.

tee-rex

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Quote from: n691309 on November 04, 2016, 05:23:00 PM

Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

I usually read the news here in forum and I have read that something in China has happened and I believe that this is the only thing that could affect so much the bitcoin price.

The price is still holding above $700. Anyways, it doesn't look like a massive panic sell. It didn't plummet to $600, around which it had been hanging for nearly two months after the Bitfinex hack in early August. It fell something like 40 dollars, nothing out of the ordinary given the previous growth for a few weeks without a major correction. $700 seems to be a new support level now.

n691309

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Quote from: Rmaqks on November 04, 2016, 07:40:17 AM

Quote from: n691309 on November 04, 2016, 04:30:24 AM

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

I usually read the news here in forum and I have read that something in China has happened and I believe that this is the only thing that could affect so much the bitcoin price.

lionheart78

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Quote from: tee-rex on November 04, 2016, 04:54:14 PM

Quote from: Shiroslullaby on November 04, 2016, 04:31:41 PM

It does concern me a bit that such a baseless rumor could cause the market to move so much.

No details were ever confirmed, no one was named, just that 'people familiar with the matter' said that 'Chinas regulators are studying measures to limit transactions that use bitcoin'.
One rumor and people panic and start selling coins and the price drops several percent.
I guess Bitcoin is not as solid as I thought and the price is still heavily based on speculation.

The correction was expected after the price had risen nearly a hundred dollars over the last few weeks. That's why even an unconfirmed rumor may cause a drop like what we've witnessed. The price would still correct sooner or later, just like it happens with any other asset however solid that asset might look, even with gold. There's no rose without a thorn.

I don't think the price drop is a price correction. It was so sudden and a huge volume were sold right after the news (though it is not verified) about China considering to impose Capital Control on bitcoin. So people think that China is banning bitcoin again so their tendency is to panic sell. This is an irregular behavior in the market after the climb in price so , i agree that there will be a price correction after this event.

Topic: panic selling - page 106. (Read 111179 times)