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Topic: panic selling - page 112. (Read 111179 times)

full member
Activity: 223
Merit: 250
August 15, 2016, 04:38:50 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
yeah, people get more and more confident with bitcoin at the moment so i think that panic selling is not happening any more, i hope that the price is going to bounce back soon
sr. member
Activity: 378
Merit: 251
August 15, 2016, 04:35:57 PM
I think people saving bitcoins right now, cause when price is stable you will never know what will happen next, maybe price will increase and you selling will not be so profitable.
hero member
Activity: 910
Merit: 1000
August 15, 2016, 03:00:05 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
thats true, there is no more panic selling at the moment, i hope that the price is going to bounce back to 700 after people will see that the hack was just temporary and it is solved now
Panic selling is still going on as price is going down so don't expect that people are buying at a moment as if that would be scenario then we would have crossed $600 by now.
legendary
Activity: 3248
Merit: 1179
August 15, 2016, 02:55:39 PM
When panic selling occur, price goes down cause supply become higher then demand. Recent example was with bitfinex exchanger, someone stole coins and started to dump them. Price fall for more then 100 $ down and that is how market works when panic selling is happening.
Even now we are not safe, who can say that all the coins are sold. And for what they are sold, for another alt currency, or some fiat, or someone bought real estate with that coins? People wish for anonymity, there you have anonymity good and bad people can hide behind anonymity.
We see that price is going up again, market is stable again and that is all what is important.
sr. member
Activity: 448
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August 15, 2016, 02:39:01 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
thats true, there is no more panic selling at the moment, i hope that the price is going to bounce back to 700 after people will see that the hack was just temporary and it is solved now
legendary
Activity: 1316
Merit: 1145
August 15, 2016, 01:02:04 PM
when someone make a big dump and prices are falling. usually people take the opportunity when prices fall because it was cheaper and the price will be back to normal. This often happens when I make a trade. you can see the case lately about hackers bitfinex. when the price falls and prices recover slowly.
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Activity: 203
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★CryptoGamesFX.com★
August 15, 2016, 12:07:18 PM
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,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.

The bitcoin price is actually dropping slowly after the Bitfinex restarted the trading. People are selling bitcoin to buy other coins.
hero member
Activity: 2408
Merit: 584
August 14, 2016, 08:25:21 AM
Price is constantly ranging between $550 and 600. Panic selling is and will not happening.

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,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.
legendary
Activity: 1204
Merit: 1000
August 14, 2016, 06:56:27 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,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.
hero member
Activity: 952
Merit: 1000
August 14, 2016, 06:55:47 AM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

These things is expected to be happen, some may panic selling there coins because  they see the bitcoins price drop drastically but for sure whales  would put up back as you said. Moslt of the bitcoin earners or investors would see this pricedrop as an opportunity to buy more.

People who don't have patience will start selling their coins when they see price dropping as they have feeling that it may go even lower in coming days.
legendary
Activity: 3122
Merit: 1140
August 14, 2016, 06:31:07 AM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

These things is expected to be happen, some may panic selling there coins because  they see the bitcoins price drop drastically but for sure whales  would put up back as you said. Moslt of the bitcoin earners or investors would see this pricedrop as an opportunity to buy more.
legendary
Activity: 3472
Merit: 10611
August 13, 2016, 11:08:03 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
August 13, 2016, 02:28:27 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.
legendary
Activity: 1386
Merit: 1020
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August 12, 2016, 11:21:26 PM
We are long past the days of selling bitcoins in a panic, though the world has not yet adopted it, the relatively few adopters have come to trust the system.
i hope you are right but people are still panic selling their bitcoins form time to time in order not to lose their money if the price is going to be dumped

If you see prices are going down than it is good practice to sell any product which you already made some profit and can buy later at a lower price instead just keep looking at prices. I also usually follow this method and save I only small amount of BTC for long term appreciation. I sold most of my BTC above 670 level and waiting to start accumulate around 600.

It is difficult to get the timing right. So I do not trade the bitcoins. I just buy the bitcoins when the price is low and then hold.
well the timing is just about your luckyness and your talent to analyze the current trends whether it's buying or selling and news could affect the price very much,and your method seems just useful if the price rising so much than when you buy the bitcoins in low price

So I think it is better just to buy and hold the bitcoin for the price rise in the long term. We just have to be patient.

Yes let us just be patient and wait for its price to rise.  And if it hits our target price and contented with it we could sell it.  Panic selling is a no no if we want to have a high profit in btc. It is like we are not certain and doubting on what bitcoin can do.  I know that future of bitcoin can takes us to the place where we all want to be.

Having patience and waiting for the right time would give you definitely a good reward since as we all know  the bitcoins  potential to have a good future. There no need for panic selling since its normal for bitcoin to fluctuate its price because of some circumstances thats why the price had move a little bit low but after that you must expect a gradual increase.
hero member
Activity: 756
Merit: 501
August 12, 2016, 07:33:05 PM
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
sr. member
Activity: 336
Merit: 250
August 12, 2016, 11:34:20 AM
We are long past the days of selling bitcoins in a panic, though the world has not yet adopted it, the relatively few adopters have come to trust the system.
i hope you are right but people are still panic selling their bitcoins form time to time in order not to lose their money if the price is going to be dumped

If you see prices are going down than it is good practice to sell any product which you already made some profit and can buy later at a lower price instead just keep looking at prices. I also usually follow this method and save I only small amount of BTC for long term appreciation. I sold most of my BTC above 670 level and waiting to start accumulate around 600.

It is difficult to get the timing right. So I do not trade the bitcoins. I just buy the bitcoins when the price is low and then hold.
well the timing is just about your luckyness and your talent to analyze the current trends whether it's buying or selling and news could affect the price very much,and your method seems just useful if the price rising so much than when you buy the bitcoins in low price

So I think it is better just to buy and hold the bitcoin for the price rise in the long term. We just have to be patient.

Yes let us just be patient and wait for its price to rise.  And if it hits our target price and contented with it we could sell it.  Panic selling is a no no if we want to have a high profit in btc. It is like we are not certain and doubting on what bitcoin can do.  I know that future of bitcoin can takes us to the place where we all want to be.
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
August 12, 2016, 06:36:43 AM
You can trust the Chinese in China to continue buying up the coins and driving up demand.
By and large it is the Chinese control much of cryptocurrency market. So that China and China alone.

I think the Chinese control the making of the cryptocurrency, the bitcoin and the Ethereum as they are the miners.
The only thing that they control is the distribution of Bitcoin among the markets, and it means very little when it comes to actually controlling it. There are plenty of other miners that also find blocks and sell Bitcoin that aren't Chinese, so it means very, very little. Making Bitcoin means nothing to be completely honest, because most people will just go and buy it from an exchange.

It doesn't matter if the Chinese are big miners or not. Bitcoin is produced on a set schedule, if it wasn't for large Chinese farms, the same number of bitcoins would still be produced. Likewise, the number of Chinese miners could double and the same number of bitcoins would be produced as now. It's not like gold where the more miners there are the more is produced. Production is mathematically set and limited.

That is right. It does not matter who the miners are, as long as they behave like a miner to secure the network, it is not a problem.
legendary
Activity: 2044
Merit: 1115
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August 08, 2016, 11:37:25 PM
You can trust the Chinese in China to continue buying up the coins and driving up demand.
By and large it is the Chinese control much of cryptocurrency market. So that China and China alone.

I think the Chinese control the making of the cryptocurrency, the bitcoin and the Ethereum as they are the miners.
The only thing that they control is the distribution of Bitcoin among the markets, and it means very little when it comes to actually controlling it. There are plenty of other miners that also find blocks and sell Bitcoin that aren't Chinese, so it means very, very little. Making Bitcoin means nothing to be completely honest, because most people will just go and buy it from an exchange.

It doesn't matter if the Chinese are big miners or not. Bitcoin is produced on a set schedule, if it wasn't for large Chinese farms, the same number of bitcoins would still be produced. Likewise, the number of Chinese miners could double and the same number of bitcoins would be produced as now. It's not like gold where the more miners there are the more is produced. Production is mathematically set and limited.
sr. member
Activity: 287
Merit: 250
August 07, 2016, 08:00:14 AM
You can trust the Chinese in China to continue buying up the coins and driving up demand.
By and large it is the Chinese control much of cryptocurrency market. So that China and China alone.

I think the Chinese control the making of the cryptocurrency, the bitcoin and the Ethereum as they are the miners.
The only thing that they control is the distribution of Bitcoin among the markets, and it means very little when it comes to actually controlling it. There are plenty of other miners that also find blocks and sell Bitcoin that aren't Chinese, so it means very, very little. Making Bitcoin means nothing to be completely honest, because most people will just go and buy it from an exchange.
China is seemingly buying up a lot of Bitcoin. The great part is that in China, Bitcoin is very popular, global Bitcoin mining market has turned into a liability because the specific individuals in control of the country's biggest mines are resistant to changes in the blockchain, the decentralized technology that makes all of Bitcoin work in the first place.
China has largest mining farm thats why they have a control about bitcoin but its not the case because they can only control the value not the whole bitcoin.. If they are just duming their bitcoin the price of bitcoin will go down and down instead but i think many people are waiting for the price to low so if they sell all their mined bitcoins in market expect for the price decrease but many investors are happy for the price decrease if it will happen more buyers will interested in bitcoin if the seen that the price of bitcoin is low.

The Chinese are the miners, they just produce the bitcoin and they have to sell it to pay for the mining cost.
This conversation has been, and if things go well the Chinese continue, Bitcoin can savsem lose its relevance. Chinese people do not think about the rest of the world, it is important to only their own benefits. China will fill the entire world market Bitcoin. Accordingly, Bitcoin will depreciate.
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
August 07, 2016, 07:42:12 AM
You can trust the Chinese in China to continue buying up the coins and driving up demand.
By and large it is the Chinese control much of cryptocurrency market. So that China and China alone.

I think the Chinese control the making of the cryptocurrency, the bitcoin and the Ethereum as they are the miners.
The only thing that they control is the distribution of Bitcoin among the markets, and it means very little when it comes to actually controlling it. There are plenty of other miners that also find blocks and sell Bitcoin that aren't Chinese, so it means very, very little. Making Bitcoin means nothing to be completely honest, because most people will just go and buy it from an exchange.
China is seemingly buying up a lot of Bitcoin. The great part is that in China, Bitcoin is very popular, global Bitcoin mining market has turned into a liability because the specific individuals in control of the country's biggest mines are resistant to changes in the blockchain, the decentralized technology that makes all of Bitcoin work in the first place.
China has largest mining farm thats why they have a control about bitcoin but its not the case because they can only control the value not the whole bitcoin.. If they are just duming their bitcoin the price of bitcoin will go down and down instead but i think many people are waiting for the price to low so if they sell all their mined bitcoins in market expect for the price decrease but many investors are happy for the price decrease if it will happen more buyers will interested in bitcoin if the seen that the price of bitcoin is low.

The Chinese are the miners, they just produce the bitcoin and they have to sell it to pay for the mining cost.
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