The Chinese are masters in volume on cryptocurrencies. 
yeah they are accruing more bitcoins as possible and i guess they have very large mining farms ! they must hold huge number of btcoins ! 
Topic: panic selling - page 118. (Read 111179 times)
The Chinese are masters in volume on cryptocurrencies.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
Although there is a lot of sell trades, the price appears to be relatively stable and there are no signs of "panic". This is a positive sign.
The halving event is over and nothing has happened.
In contrary, the price is as stable as I have not seen it for quiet some time.
I highly doubt there will be panic selling in the near future.
Maybe some steady buying, what would lead us to a constant price increase.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
Although there is a lot of sell trades, the price appears to be relatively stable and there are no signs of "panic". This is a positive sign.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
If someone sell, someone will need to buy. Logic is simple in my opinion, and panic selling will occur only before the end of some bubble, or when btc go down to the ground. I think there will be no bubbles in next month, so on stable price there is no panic, everyone seems to be satisfied with current price.
I will not worry about this kind of things, if anyone selling cheap coins in panic maybe I will be a buyer, who knows. Everything depends from moment, do I see future rise, or how much is the panic buyer wish for his coins.
I will not worry about this kind of things, if anyone selling cheap coins in panic maybe I will be a buyer, who knows. Everything depends from moment, do I see future rise, or how much is the panic buyer wish for his coins.
Panic selling happens as much as panic buying. You can see this in every market with amateur traders (I am not a pro) but I know that emotional and trade never go along.
Therefore it is wise to make a decision with your mind and not with your heart.
If someone sell, someone will need to buy. Logic is simple in my opinion, and panic selling will occur only before the end of some bubble, or when btc go down to the ground. I think there will be no bubbles in next month, so on stable price there is no panic, everyone seems to be satisfied with current price.
I will not worry about this kind of things, if anyone selling cheap coins in panic maybe I will be a buyer, who knows. Everything depends from moment, do I see future rise, or how much is the panic buyer wish for his coins.
I will not worry about this kind of things, if anyone selling cheap coins in panic maybe I will be a buyer, who knows. Everything depends from moment, do I see future rise, or how much is the panic buyer wish for his coins.
I don't see alot of panic selling right now. Bitcoin price is staying relatively the same for this past weekend at high $600's. That wouldn't case a mass sell off. Maybe if it dropped all the sudden below $490's then I can see that happening.
thats because there are no panic sell right now in my opinion, i think people will be buying their bitcoins from now on only and that is going to be great because the price is going to go up a lot
Why panic selling? no problem in bitcoin.
It still worth to hold it, when people selling another people buying, and why they still buying? cause they still believe it will rise again
It still worth to hold it, when people selling another people buying, and why they still buying? cause they still believe it will rise again
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point.There is very little possibility for the price of bitcoin to drop below $500. It might happen in a small exchange.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
Yes 600$ is now floor and ready for next pump later this year. Expecting dump below 500$ or even below 600$ has no any point. 
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,?
You just described the worlds stock market
yes - it goes down. then it comes back up, then it goes down. Roller coaster of fear and greedThe difference between the stock market and Bitcoin is that stocks represent ownership in an underlying business that enervates profits. As an owner of that business, the stockholder is entitled to a share of those profits. Bitcoin is merely an asset. It doesn't generate any income.
Plus - bitcoin is highly unstable to begin with, which can generate income if you trade it, in the same manner as stocks trading.
Yes, but the applications of storing data on the Bitcoin blockchain is extremely limited. There are alt coins entirely premised on this possibility, and it's unlikely to me that Bitcoin would play a major role in that in its current form.
But agree on the unstable nature of Bitcoin. The volatility is what attracts speculators and gamblers who seek to profit on the wild swings, but this is antithetical to bitcoin's growth as a currency, which requires it to be a stable store of value to have any real use as a currency.
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,?
You just described the worlds stock market
yes - it goes down. then it comes back up, then it goes down. Roller coaster of fear and greedThe difference between the stock market and Bitcoin is that stocks represent ownership in an underlying business that enervates profits. As an owner of that business, the stockholder is entitled to a share of those profits. Bitcoin is merely an asset. It doesn't generate any income.
Plus - bitcoin is highly unstable to begin with, which can generate income if you trade it, in the same manner as stocks trading.
You would get a clearer answer if you specify the amount of bitcoin which are going to be sold. "Huge" can be anywhere from 1000BTC to 1MBTC. The former won't even move the market while the latter will likely result in a substantial drop on the price.
I totally agree with you that if there are no substantial amount of bitcoins sold in the market like the amount you have mentioned then it cannot be called panic selling. Why would there be panic selling in the first place, it is the most unlikely thing to do for a bitcoin stockholder since bitcoin will not have a price deflation.
The most likely reason would be that people bought with the expectation of price increases too close to the halving. People assumed the halving would mean a doubling of the price after the halving, ignoring the fact that markets are forward looking and that if the halving was to double the price, it would have happened slowly and gradually before the halving, not after. And that's exactly what happened. Since last August, the price has more than doubled. (Almost tripled.) People who missed that run up and expected to have big profits buying late in that rally would be worried about loss of capital once the people who bought a long time ago start taking their profits. The race to the exit could hammer the price.
In short, the majority of people don't buy Bitcoin to hold it long term. They buy it to trade for USD profit.
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,?
You just described the worlds stock market
yes - it goes down. then it comes back up, then it goes down. Roller coaster of fear and greedThe difference between the stock market and Bitcoin is that stocks represent ownership in an underlying business that enervates profits. As an owner of that business, the stockholder is entitled to a share of those profits. Bitcoin is merely an asset. It doesn't generate any income.
You would get a clearer answer if you specify the amount of bitcoin which are going to be sold. "Huge" can be anywhere from 1000BTC to 1MBTC. The former won't even move the market while the latter will likely result in a substantial drop on the price.
I totally agree with you that if there are no substantial amount of bitcoins sold in the market like the amount you have mentioned then it cannot be called panic selling. Why would there be panic selling in the first place, it is the most unlikely thing to do for a bitcoin stockholder since bitcoin will not have a price deflation.
There is no panic selling recently. that is a normal profit taking. The price rose 60% in just a few days.
You would get a clearer answer if you specify the amount of bitcoin which are going to be sold. "Huge" can be anywhere from 1000BTC to 1MBTC. The former won't even move the market while the latter will likely result in a substantial drop on the price.
I totally agree with you that if there are no substantial amount of bitcoins sold in the market like the amount you have mentioned then it cannot be called panic selling. Why would there be panic selling in the first place, it is the most unlikely thing to do for a bitcoin stockholder since bitcoin will not have a price deflation.
As expected some people dumped their bitcoins at 700 dollars, and now they dumping at 600 dollars again, miners as whales are having fun dumping bitcoin a bit buying it for the lower value possible before the new value that bitcoin will achieve soon or later. Like i had read the bitcoin wont return to the past value, 100 dollars, 300 dollars, 400 dollars this is gone now we have just 600 dollars worth.
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