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Topic: panic selling - page 113. (Read 111179 times)

crairezx20
legendary
Activity: 1638
Merit: 1046
Re: panic selling
August 06, 2016, 02:02:49 PM
#235
Quote from: ASHLIUSZ on August 06, 2016, 01:53:13 PM
Quote from: Yakamoto on August 06, 2016, 12:42:27 PM
Quote from: Yesterdam on August 06, 2016, 12:37:23 PM
Quote from: Lorik on August 05, 2016, 03:04:39 PM
Quote from: sbtctalk on June 01, 2016, 08:03:54 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.
ASHLIUSZ
hero member
Activity: 994
Merit: 502
Re: panic selling
August 06, 2016, 01:53:13 PM
#234
Quote from: Yakamoto on August 06, 2016, 12:42:27 PM
Quote from: Yesterdam on August 06, 2016, 12:37:23 PM
Quote from: Lorik on August 05, 2016, 03:04:39 PM
Quote from: sbtctalk on June 01, 2016, 08:03:54 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.
Yakamoto
legendary
Activity: 1218
Merit: 1007
Re: panic selling
August 06, 2016, 12:42:27 PM
#233
Quote from: Yesterdam on August 06, 2016, 12:37:23 PM
Quote from: Lorik on August 05, 2016, 03:04:39 PM
Quote from: sbtctalk on June 01, 2016, 08:03:54 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.
Yesterdam
newbie
Activity: 59
Merit: 0
Re: panic selling
August 06, 2016, 12:37:23 PM
#232
Quote from: Lorik on August 05, 2016, 03:04:39 PM
Quote from: sbtctalk on June 01, 2016, 08:03:54 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.
BitHodler
legendary
Activity: 1526
Merit: 1179
Re: panic selling
August 05, 2016, 03:26:41 PM
#231
Quote from: Maesters1- on August 05, 2016, 03:00:29 PM
Quote from: trickshot22 on August 05, 2016, 12:26:46 PM
Quote from: anthonydar on August 05, 2016, 10:44:49 AM
Quote from: TastyChillySauce00 on August 02, 2016, 07:32:10 AM
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
of course it is better to buy and hold now, people who are panic selling are just dumping the price without any reason and it is a bad thing
yes i am also agree with you, panic selling is really bad for both the invasator and for the market, we have experienced panic selling from some people side and they sell theri bitcoin with a very very low price but you can see that now the market is going to recover but they have already booked the lost.
Panic sellers allow people to buy their coins at lower price levels which is good for them.

It also happens with stocks and will never go away as people simply are not strong enough in their mind.

What's seen by one group of people as bad, is being considered to be a welcome opportunity for the other.
Lorik
full member
Activity: 233
Merit: 250
Re: panic selling
August 05, 2016, 03:04:39 PM
#230
Quote from: sbtctalk on June 01, 2016, 08:03:54 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.
Maesters1-
sr. member
Activity: 252
Merit: 250
Re: panic selling
August 05, 2016, 03:00:29 PM
#229
Quote from: trickshot22 on August 05, 2016, 12:26:46 PM
Quote from: anthonydar on August 05, 2016, 10:44:49 AM
Quote from: TastyChillySauce00 on August 02, 2016, 07:32:10 AM
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
of course it is better to buy and hold now, people who are panic selling are just dumping the price without any reason and it is a bad thing
yes i am also agree with you, panic selling is really bad for both the invasator and for the market, we have experienced panic selling from some people side and they sell theri bitcoin with a very very low price but you can see that now the market is going to recover but they have already booked the lost.
PsursV
full member
Activity: 196
Merit: 100
Re: panic selling
August 05, 2016, 12:31:15 PM
#228
Quote from: chaosknight on August 05, 2016, 11:15:48 AM
Quote from: HatakeKakashi on August 05, 2016, 11:00:17 AM
The price variance ranges are as follows:

~500$ next week
~650$ the later week
~570$ the latter week
~720$ the next week.

I expect a higher volatility. Don't worry about sudden fall or rise in price. This is just the game of whales. I feel a great rise in price coming.

We really don't know what will be the exact price of bitcoin in future but one thing is sure that it will be much higher in coming months so its better to hold it for the future.
yes that is a fact and you can see that the panic selling has been ended and now the bicoin is  trading again in a very very smooth mode, hope that very soon the price of bitcoin will recover its previous position and very soon it is going to hit the all time high level. according to some people bitcoin is going to cross the 1200 USD level at the end of this year,
trickshot22
sr. member
Activity: 504
Merit: 250
Re: panic selling
August 05, 2016, 12:26:46 PM
#227
Quote from: anthonydar on August 05, 2016, 10:44:49 AM
Quote from: TastyChillySauce00 on August 02, 2016, 07:32:10 AM
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
of course it is better to buy and hold now, people who are panic selling are just dumping the price without any reason and it is a bad thing
crairezx20
legendary
Activity: 1638
Merit: 1046
Re: panic selling
August 05, 2016, 11:55:01 AM
#226
Quote from: chaosknight on August 05, 2016, 11:15:48 AM
Quote from: HatakeKakashi on August 05, 2016, 11:00:17 AM
The price variance ranges are as follows:

~500$ next week
~650$ the later week
~570$ the latter week
~720$ the next week.

I expect a higher volatility. Don't worry about sudden fall or rise in price. This is just the game of whales. I feel a great rise in price coming.

We really don't know what will be the exact price of bitcoin in future but one thing is sure that it will be much higher in coming months so its better to hold it for the future.
Yeah right the price of bitcoin is unpredictable but there is high possibility that the price will increase again high.. so yeah better to hold bitcoins right now and wait for the price increase again..
chaosknight
hero member
Activity: 868
Merit: 1000
Re: panic selling
August 05, 2016, 11:15:48 AM
#225
Quote from: HatakeKakashi on August 05, 2016, 11:00:17 AM
The price variance ranges are as follows:

~500$ next week
~650$ the later week
~570$ the latter week
~720$ the next week.

I expect a higher volatility. Don't worry about sudden fall or rise in price. This is just the game of whales. I feel a great rise in price coming.

We really don't know what will be the exact price of bitcoin in future but one thing is sure that it will be much higher in coming months so its better to hold it for the future.
HatakeKakashi
hero member
Activity: 1274
Merit: 513
Re: panic selling
August 05, 2016, 11:00:17 AM
#224
The price variance ranges are as follows:

~500$ next week
~650$ the later week
~570$ the latter week
~720$ the next week.

I expect a higher volatility. Don't worry about sudden fall or rise in price. This is just the game of whales. I feel a great rise in price coming.
Jimbola3
sr. member
Activity: 382
Merit: 250
Re: panic selling
August 05, 2016, 10:57:08 AM
#223
Quote from: TastyChillySauce00 on August 02, 2016, 07:32:10 AM
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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
Yeah that's what we called trading strategy / skill for market, so true news are what keeps affecting the market in whole as it works as a whole for aware about the markets and its moment to all!
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: panic selling
August 05, 2016, 10:44:49 AM
#222
Quote from: TastyChillySauce00 on August 02, 2016, 07:32:10 AM
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
TastyChillySauce00
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Re: panic selling
August 02, 2016, 07:32:10 AM
#221
Quote from: anthonydar on August 02, 2016, 07:22:09 AM
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: panic selling
August 02, 2016, 07:22:09 AM
#220
Quote from: klf on August 01, 2016, 09:18:39 PM
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
klf
legendary
Activity: 1344
Merit: 1000
Re: panic selling
August 01, 2016, 09:18:39 PM
#219
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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.
jaysabi
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
Re: panic selling
August 01, 2016, 08:40:22 PM
#218
Quote from: sbtctalk on July 30, 2016, 05:08:48 AM
Quote from: Shiroslullaby on July 29, 2016, 08:37:53 AM
Quote from: randy8777 on July 29, 2016, 08:28:20 AM
it allows smart traders to benefit from that situation and buy up at lower prices.

Exactly. If BTC fell to $600 I would be panic buying.
Even if I lost money now, I look at is as a long-term investment.

Every day we see a sharp drop of $10-15 and then it goes right back up.
I guarantee there are some people buying a large amount of coins during those hours.

Yes. Every 10 BTC traded would yield the trader USD 100 minimally. Has money evaporated from wall street? It is now in crypto?

Hedge funds are undoubtedly dabbling in Bitcoin, but Wall Street deals in trillions of dollars in cumulative value, dropping a couple million into Bitcoin wouldn't be noticeable.
jaysabi
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
Re: panic selling
August 01, 2016, 08:36:34 PM
#217
Quote from: Shiroslullaby on July 29, 2016, 08:37:53 AM
Quote from: randy8777 on July 29, 2016, 08:28:20 AM
it allows smart traders to benefit from that situation and buy up at lower prices.

Exactly. If BTC fell to $600 I would be panic buying.
Even if I lost money now, I look at is as a long-term investment.

Every day we see a sharp drop of $10-15 and then it goes right back up.
I guarantee there are some people buying a large amount of coins during those hours.

Now that Bitcoin is approaching $600, the question is are you panic buying? If $600 is the point at which you should be furiously panic buying, surely $610 is low enough to be buying.
cleverlittleme
newbie
Activity: 35
Merit: 0
Re: panic selling
August 01, 2016, 09:52:08 AM
#216
Quote from: fravia on August 01, 2016, 09:48:20 AM
Quote from: Gahs on July 29, 2016, 08:14:09 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 the selling would be caused by panic, I think it would go down much faster.
This is some calculated selling, maybe to keep the winnings from befor halving day.
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