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Topic: panic selling - page 114. (Read 111217 times)

hero member
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August 01, 2016, 08:48:20 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
hero member
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August 01, 2016, 08:40:29 AM
Bitcoin as i had said before is finding its new value, some people expected to it reach the 700 dollars or above ammounts, some people said 500 -600 dollars would be the new value of bitcoin has nothing that could affect the price last year of 250-300 dollars  to make such change. Soo bitcoin will for sure being test new values and the community support over the next months.
Pab
legendary
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August 01, 2016, 08:35:06 AM
That small price drop can be step down before next price rise,it was lke that previously it is always like that
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Backed.Finance
August 01, 2016, 07:40:18 AM

$500 mark up would be the best time to buy and you can gain profit when the price bounces back  then its a sure  amount. Many would probably panic buying when that time comes. I would hold my bitcoin as of now waiting for the possible lowest price  would bitcoin have.

Thanks for the insights. Also, I agree that and in my opinion bitcoin price is is not an alarm yet for panic selling. In addition, bitcoin at $500.00 is also a good buy and its a good price to gain profit. Much lower the better. Smiley
sr. member
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August 01, 2016, 07:36:54 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.
well i hope you are right, but nowadays there are still a lot of people who sell their bitcoins if they want to not lose their money, though thats just my opinion
hero member
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August 01, 2016, 07:33:50 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.
thats true, there are no huge dumps right now, i think that from now on the price might only grow because people seem to want to use bitcoins

I can't agree with you, cause someday , some big guy will start agressie politics vs bitcoin and price will start increasing/decreasing like crazy.
sr. member
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August 01, 2016, 06:17:43 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.
thats true, there are no huge dumps right now, i think that from now on the price might only grow because people seem to want to use bitcoins
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August 01, 2016, 06:16:48 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.

That could be too early to panic buy at $600. Maybe it is better to buy a lot when the price drops to $560.

Yeah 500-550$ seems a pretty low point to get more bitcoins. I am not buying any coins at the moment but would also not sell them. Even if the price starts dropping.

$500 mark up would be the best time to buy and you can gain profit when the price bounces back  then its a sure  amount. Many would probably panic buying when that time comes. I would hold my bitcoin as of now waiting for the possible lowest price  would bitcoin have.
hero member
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August 01, 2016, 06:00:59 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.

That could be too early to panic buy at $600. Maybe it is better to buy a lot when the price drops to $560.

Yeah 500-550$ seems a pretty low point to get more bitcoins. I am not buying any coins at the moment but would also not sell them. Even if the price starts dropping.
full member
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★CryptoGamesFX.com★
August 01, 2016, 05:49:19 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.

That could be too early to panic buy at $600. Maybe it is better to buy a lot when the price drops to $560.
sr. member
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July 30, 2016, 04:08:48 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?
sr. member
Activity: 434
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July 29, 2016, 07:37:53 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.
legendary
Activity: 896
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July 29, 2016, 07:28:20 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.

people will stay panic selling. that will never change. just look at stocks, as soon as there is something that people consider to be bad news, they start panic selling like there is no tomorrow. just to prevent themselves from making losses. it allows smart traders to benefit from that situation and buy up at lower prices.
sr. member
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Minter
July 29, 2016, 07:14:09 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.
legendary
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July 29, 2016, 05:16:11 AM
The bitcoin price is very stable at the moment. There is just very slight drop. But that is normal volatility.
It's kind of stable, I wouldn't say that it is very stable though. "Stable" would mean that there is very, very, very little volatility and we wouldn't see changes of $5 in magnitude every few hours. We would see maybe something like $1 change a day, similar to gold

Gold only appears to be stable, but it is a deceptive stability. In fact, it is not uncommon for it to suddenly make price swings in the range of a few percent ($30-50 in absolute terms) within a day or two. And then stay frozen for another week (or two, lol)...

You just need to keep a keener eye on it to see these moves
full member
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★CryptoGamesFX.com★
July 28, 2016, 11:54:47 AM
The bitcoin price is very stable at the moment. There is just very slight drop. But that is normal volatility.
It's kind of stable, I wouldn't say that it is very stable though. "Stable" would mean that there is very, very, very little volatility and we wouldn't see changes of $5 in magnitude every few hours. We would see maybe something like $1 change a day, similar to gold.

The drop was normal volatility though. Pretty easy to determine that.

At least for the last week, the price is trading around $650. Maybe the price will be around $655 next week.
sr. member
Activity: 282
Merit: 250
July 27, 2016, 02:31:52 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,?


When every one makes a huge dump, it equals to a sharp fall in price. Don't you worry though, the price of bitcoins will not reduce, rather it will increase. No one is dumping their coins.

Majority of users get panic when they see price going down and start selling their coins, people need to be smart and should hold them for the future as price will rise in future.
Bitcoin price will necessarily rise. But until then, when Bitcoin will come to its critical mass. Or, most likely, this farce with cryptocurrency strongly get tired of one or just a few, the owners of the world. At this point, and all are satisfied, only due to the fact that Bitcoin, not seriously threaten any of the recognized world currencies. Which, though not fully but still backed by gold, unlike Bitcoin.
legendary
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July 27, 2016, 02:21:17 PM
The bitcoin price is very stable at the moment. There is just very slight drop. But that is normal volatility.
It's kind of stable, I wouldn't say that it is very stable though. "Stable" would mean that there is very, very, very little volatility and we wouldn't see changes of $5 in magnitude every few hours. We would see maybe something like $1 change a day, similar to gold.

The drop was normal volatility though. Pretty easy to determine that.
sr. member
Activity: 282
Merit: 250
July 27, 2016, 02:17:43 PM
The bitcoin price is very stable at the moment. There is just very slight drop. But that is normal volatility.
Who would object? Today Bitcoin is stable and it is normal and tomorrow, there will come a complete collapse. And that's okay too. Bitcoin, one of the youngest currency. By tomuzhe, Bitcoin not how it is achieved. So all right things. How is it possible to get rich quickly, is quite amiss. But we should not grieve much, if instead of the expected wealth, you will be in the trash.
full member
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★CryptoGamesFX.com★
July 27, 2016, 09:57:36 AM
The bitcoin price is very stable at the moment. There is just very slight drop. But that is normal volatility.
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