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Topic: panic selling - page 119. (Read 111217 times)

hero member
Activity: 924
Merit: 1000
July 08, 2016, 11:41:34 AM
I think the main cause of decline in the bitcoin is due to panic sell.
it can make bitcoin price drop in one night, so I guess we better hold bitcoin that we have with quite a long time, because I believe bitcoin prices will definitely rise again
Price is going down at a moment is only because people have started to sell their coins if people would be buying right now then I think we would be at much more higher level.
legendary
Activity: 1218
Merit: 1000
July 08, 2016, 10:20:38 AM
I think the main cause of decline in the bitcoin is due to panic sell.
it can make bitcoin price drop in one night, so I guess we better hold bitcoin that we have with quite a long time, because I believe bitcoin prices will definitely rise again
full member
Activity: 224
Merit: 100
July 08, 2016, 10:07:51 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,?

Yes, it has a huge effect. Some call it " Chain reaction". It is when they saw many are selling their coins and the price is gradually decreasing. The first that comes to their mind is to sell their coins as soon as possible when the price is still high fearing that they will have a profit lost. Because of it, the stocks of bitcoins increases and the market value of it decreases causing the price of it to drop. Then when the price is low, many will tend to buy and it will cost a shortage in stocks that will make its market price high.
X7
legendary
Activity: 1162
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Let he who is without sin cast the first stone
July 08, 2016, 09:43:52 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,?

You just described the worlds stock market Smiley yes - it goes down. then it comes back up, then it goes down. Roller coaster of fear and greed
newbie
Activity: 59
Merit: 0
July 08, 2016, 09:42:00 AM
As most people said, it's uncanny that one or just a fe people own enough btc to act strongly on the price.

BUT, tomorrow after the halving... Well thousands of people will have bought btc during last days and all of them will want to sell it right after... So that could create a huge loss in this case.

There will be no big selling tomorrow. The big selling already happened yesterday. The price will not move tomorrow.
hero member
Activity: 756
Merit: 501
July 08, 2016, 09:26:50 AM
Some people may dump their coins into the halving moment or before, the market are with huge speculation and expectation around the new value of bitcoin. This always happens when the price gets up too fast, with or without the halving. The only difference is people are expecting another pump into bitcoin, soo till they see that price wont go up as expected they will drop some coins.
legendary
Activity: 896
Merit: 1000
July 08, 2016, 08:57:01 AM
As most people said, it's uncanny that one or just a fe people own enough btc to act strongly on the price.

BUT, tomorrow after the halving... Well thousands of people will have bought btc during last days and all of them will want to sell it right after... So that could create a huge loss in this case.

people are very alert at this point. i am quite sure that people are ready to start selling and create a massive red candle as the price won't go up as much as they were hoping for. if this dump will indeed happen, then we'll see the price dive well below $600 directly after the halving.
legendary
Activity: 1344
Merit: 1251
July 08, 2016, 08:46:57 AM
As most people said, it's uncanny that one or just a fe people own enough btc to act strongly on the price.

BUT, tomorrow after the halving... Well thousands of people will have bought btc during last days and all of them will want to sell it right after... So that could create a huge loss in this case.
hero member
Activity: 658
Merit: 500
July 08, 2016, 08:34:57 AM
There are too many worldwide BTC users already, Bitcoin is not like altcoin, where you can make fast buy/sale and the withdraw your profit. Wink
hero member
Activity: 532
Merit: 500
July 08, 2016, 08:18:04 AM
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.
prices fell toward $ 610 I thought it was not because of panic seling for halving not happened. I think this because it was created by big traders or have the effect of brexit so the price down. Fortunately bitcoin still have large volume that makes the price remains above $ 600
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 08, 2016, 07:59:07 AM
I think it is gonna be some effect on bitcoin price if someone holder or holders of big amount of bitcoins will decide to sell it. I am not an expert in this and bitcoin economy, but if it happen my prediction about the result will not be positive. it may affect for biggest drop price of bitcoin in caouple hours.
That's right the big holders or what we called whales if they sell all their coins that they're holding as of now it will be a huge negative effect on the price of bitcoin like getting a massive drop and maybe the price would go back to $400 or even lower.
hero member
Activity: 1078
Merit: 514
July 08, 2016, 07:31:04 AM
I think it is gonna be some effect on bitcoin price if someone holder or holders of big amount of bitcoins will decide to sell it. I am not an expert in this and bitcoin economy, but if it happen my prediction about the result will not be positive. it may affect for biggest drop price of bitcoin in caouple hours.
hero member
Activity: 714
Merit: 500
July 08, 2016, 02:07:06 AM
the price will drop so much but don't worry there is always more people that buy bitcoin than the numbre who sell his bitcoin in the market so the price will drop a little then go back to grow
I think the price of bitcoin still be stuck in the price level of $ 600 as volume or demand bitcoin is big enough
and can cover alternating panic selling that occurred earlier
You are right as it has dropped down again to a low level earlier today but since rebounded to what it was last week. It will stay in the $600's as you say it will.

Even if the price drops below $600, it is fine. It is still within the recent trading rang of $500 to $800.
I wouldn't panic sell even if the price goes below $600, the price in which I am still waiting for the opportunity to buy. The last time I bought was at around $560 and it has not touched the price since then. With the current price and the weekend approaching, I will closely be observing the price to see if there's an opportunity to buy.
legendary
Activity: 2814
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Leading Crypto Sports Betting & Casino Platform
July 08, 2016, 01:53:22 AM
the price will drop so much but don't worry there is always more people that buy bitcoin than the numbre who sell his bitcoin in the market so the price will drop a little then go back to grow
I think the price of bitcoin still be stuck in the price level of $ 600 as volume or demand bitcoin is big enough
and can cover alternating panic selling that occurred earlier
You are right as it has dropped down again to a low level earlier today but since rebounded to what it was last week. It will stay in the $600's as you say it will.

Even if the price drops below $600, it is fine. It is still within the recent trading rang of $500 to $800.
legendary
Activity: 910
Merit: 1000
July 07, 2016, 10:27:17 PM
the price will drop so much but don't worry there is always more people that buy bitcoin than the numbre who sell his bitcoin in the market so the price will drop a little then go back to grow
I think the price of bitcoin still be stuck in the price level of $ 600 as volume or demand bitcoin is big enough
and can cover alternating panic selling that occurred earlier
You are right as it has dropped down again to a low level earlier today but since rebounded to what it was last week. It will stay in the $600's as you say it will.
sr. member
Activity: 476
Merit: 250
July 07, 2016, 05:48:18 PM
the price will drop so much but don't worry there is always more people that buy bitcoin than the numbre who sell his bitcoin in the market so the price will drop a little then go back to grow
I think the price of bitcoin still be stuck in the price level of $ 600 as volume or demand bitcoin is big enough
and can cover alternating panic selling that occurred earlier
sr. member
Activity: 434
Merit: 251
July 07, 2016, 05:33:06 PM
#99
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.

Cause everything is okay nowdays, price is stable and people just calm, if something will go wrong + or - 10% of price, people will start selling as one.
sr. member
Activity: 406
Merit: 250
July 07, 2016, 05:15:57 PM
#98
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.
well the price was dumped a lot to 600 dollar mark so i guess there was a decent panic sell a while ago though right now the price is a little bit up i hope people wont be selling
Theres a dump of the price and this is the strategy of whales to make panic selling for those users. But some traders make it advantage to boost their income even in a small amout of profit.
sr. member
Activity: 336
Merit: 250
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July 07, 2016, 05:10:28 PM
#97
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.
well the price was dumped a lot to 600 dollar mark so i guess there was a decent panic sell a while ago though right now the price is a little bit up i hope people wont be selling
hero member
Activity: 658
Merit: 500
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July 07, 2016, 04:42:22 PM
#96
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
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