Topic: panic selling - page 117. (Read 111217 times)

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

I see your point. Wild guess: The only likely factor for it to crash now is the sudden craze in Ethereum, bag holders cash out from Bitcoin and dump their money into Ether?

Ether seems to have been discredited beyond hope, so the rebound from the low $600 was more likely due to the Ethereum bag holders dropping their shit on the way into Bitcoin bandwagon...

But this may have only temporary effect before a more serious pullback

sbtctalk

sr. member

Activity: 266

Merit: 250

Quote from: Doamader on July 18, 2016, 05:25:42 PM

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

I see your point. Wild guess: The only likely factor for it to crash now is the sudden craze in Ethereum, bag holders cash out from Bitcoin and dump their money into Ether?

BitHodler

legendary

Activity: 1526

Merit: 1179

I really doubt bitcoin will get lower, it may drop to 600 dollars but those its normal as bitcoin is very volatil crypto currencie. I believe before the halving day people expected a huge price increase and those didnt happened, soo they may be trying to get out to avoid loose.

Expectations in the run up to the block halving were indeed very high with some people even saying it it would reach a new ATH.

These people surely may be disappointed in the price not going up as much as they were hoping for, but I don't think they will use that as reason to start dumping.

If they wanted to dump as result of their predictions not being met, then they would have sold their coins directly after the block halving.

xht

sr. member

Activity: 462

Merit: 250

hey you, yeah you, fuck you!!!

Quote from: darkmagician on July 17, 2016, 11:17:57 AM

Quote from: sishendaoye on July 17, 2016, 11:14:53 AM

Quote from: silentkiller on July 17, 2016, 10:04:41 AM

Quote from: deisik on July 18, 2016, 05:01:35 PM

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

wait for the rain,,cause when it rains it pours.
just like bitcoin ,when demand is high ,the higher btc price will be.

The storm is coming but it maybe be months before we see it actually happening.
My situation is that I am not trading active because i find it too risky, since i've got no clear direction where the price will go.

trust your instincts and im sure it will lead you to a better and higher profit. Believe in yourself.

We are not animal do something with instincts in trading you need find information to predict what the position you choice. yes have self confidence is needed in trading.

Doamader

hero member

Activity: 756

Merit: 501

I really doubt bitcoin will get lower, it may drop to 600 dollars but those its normal as bitcoin is very volatil crypto currencie. I believe before the halving day people expected a huge price increase and those didnt happened, soo they may be trying to get out to avoid loose.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: co5hike on July 18, 2016, 04:36:36 PM

Quote from: co5hike on July 18, 2016, 04:36:36 PM

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

Even if price falls in current time then I will not get panic and will prefer to hold my coins until I don't see my expected price on the chart, and my expected price is $1k.

I expect higher volatility, not necessarily a significant price fall. The longer the price stands still, the stronger will be the subsequent move (either way)...

So, keep your oops-bags ready

Price volatility is an part n parcel of bitcoin, I am eagerly waiting for that huge pump which will last for few minutes so that I can sell my coins at right time.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

Even if price falls in current time then I will not get panic and will prefer to hold my coins until I don't see my expected price on the chart, and my expected price is $1k.

I expect higher volatility, not necessarily a significant price fall. The longer the price stands still, the stronger will be the subsequent move (either way)...

So, keep your oops-bags ready

trickshot22

sr. member

Activity: 504

Merit: 250

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

well to be honest the price goes up all the time after being stable if you would look in the price history, i think there is a huge chance that the price will go up right now too

co5hike

hero member

Activity: 798

Merit: 1000

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

Even if price falls in current time then I will not get panic and will prefer to hold my coins until I don't see my expected price on the chart, and my expected price is $1k.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

The surge of recent months is the precedent. The price had been hanging around $200-250 for some time and stood almost still around $220-230 for a few weeks. Then it started growing without major retrace until it reached around $450...

So fasten your belts and diapers

sbtctalk

sr. member

Activity: 266

Merit: 250

Quote from: sishendaoye on July 17, 2016, 11:14:53 AM

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

Why do you think this is calm before the storm? Were there precedents?

darkmagician

full member

Activity: 210

Merit: 100

Quote from: silentkiller on July 17, 2016, 10:04:41 AM

Quote from: silentkiller on July 17, 2016, 10:04:41 AM

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

wait for the rain,,cause when it rains it pours.
just like bitcoin ,when demand is high ,the higher btc price will be.

The storm is coming but it maybe be months before we see it actually happening.
My situation is that I am not trading active because i find it too risky, since i've got no clear direction where the price will go.

trust your instincts and im sure it will lead you to a better and higher profit. Believe in yourself.

sishendaoye

sr. member

Activity: 434

Merit: 250

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

wait for the rain,,cause when it rains it pours.
just like bitcoin ,when demand is high ,the higher btc price will be.

The storm is coming but it maybe be months before we see it actually happening.
My situation is that I am not trading active because i find it too risky, since i've got no clear direction where the price will go.

silentkiller

full member

Activity: 210

Merit: 100

The price has remained stable for a while since halving. And we are not seeing wild spikes during weekends. The price is unusually quiet and market is quiet.

Is that a good sign?

Calm before the storm. Get ready for unexpected consequences

wait for the rain,,cause when it rains it pours.
just like bitcoin ,when demand is high ,the higher btc price will be.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services