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Topic: panic selling - page 78. (Read 111179 times)

sr. member
Activity: 378
Merit: 250
March 19, 2017, 10:25:57 AM
If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.
yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

this is the result of panic selling, direct bitcoin prices plummeted, because they fear getting lower prices when in fact that which causes the price drops are selling on a large scale, this happens because there altcoin prices rise so high that sales mebuat bitcoin getting up
and that is all because of the inexperienced people. those people who do not know about the importance of bitcoin, actually they they do not know the importance of bitcoin and when the price take a little correction then they start panic selling and the price fell down unexpectedly.
sr. member
Activity: 308
Merit: 250
March 19, 2017, 09:23:12 AM
Yes, its really panic selling what we are seeing right now. But I'm holding mine and won't sell because I still believe we can rebound from all of this dumping. Its disappointing to see, but I guess FUD won that's why it cause so much uncontrollable behavior from some people. I know that I'm lossing more by the day, but I still believe that this sudden dumping will stop in a few days. People need to really digest the information and not sell, so that the price could be restore to some degree of normalcy to the bitcoin ecoystem.


Yes, selling is not a good idea, ups and downs happen in business, what has to be done is to keep calm at this situation and wait for 2-3 months for sure the price will go high again as it had done sometime back. just we don't have to panic on this situation instead try to start buying because price is going down. just go through the chart of 2 years you will get to know how well bit coin has done good in market so similar thing will keep happening. Don't ever sell right now.
sr. member
Activity: 910
Merit: 255
March 19, 2017, 09:15:47 AM
I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.
full member
Activity: 238
Merit: 100
March 19, 2017, 09:04:02 AM
Now, i don't think it is panic selling effect that cause the price to drop sharply.
As I stated on previous post, it is due to policy of interest rate of FED.
I stated early in march that the price of bitcion should be around 1000 - 1200 usd for the coming next 4 months.
And for those who are interested to buy bitcoin, it is time to enter the market as the value is low now.
However, you can't predict those value will go up or down after next 4 months as economy situation will have some effect on it.
legendary
Activity: 3080
Merit: 1353
March 19, 2017, 08:30:11 AM
Yes, its really panic selling what we are seeing right now. But I'm holding mine and won't sell because I still believe we can rebound from all of this dumping. Its disappointing to see, but I guess FUD won that's why it cause so much uncontrollable behavior from some people. I know that I'm lossing more by the day, but I still believe that this sudden dumping will stop in a few days. People need to really digest the information and not sell, so that the price could be restore to some degree of normalcy to the bitcoin ecoystem.
legendary
Activity: 1078
Merit: 1000
March 19, 2017, 08:04:16 AM
If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

Yeah, I really agree on that, just because of people holding that much make they aware of this price, more over if they really use this profit for their daily usage. It will be really hard to not let them do sell quickly, rather than they lose much better they dont even get profit at all. Wondering how much you hold right now and not even panic when the price is drop this much
hero member
Activity: 3080
Merit: 603
March 19, 2017, 07:15:46 AM
Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.

Exactly, panic selling and as well those BU fud and politics on it. The sad thing is that I didn't sold a single coin of mine when it is still on $1,200 and I don't have choice right now but to keep on holding and waiting for the right time to sell. If I see the price to be on that amount again, I'll sell some of my coins but I will not panic.
legendary
Activity: 3472
Merit: 10611
March 19, 2017, 02:04:24 AM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.
You had a point with that things, the only community usually get panic on selling are those people who are newbie in this industry. JUst like what you had just said if there is  dropping the price happen it will surely recover then in a couple days.

well rise and falls always happen, and they happen in all the markets without an exception. sometimes it is because there is a sell pressure that increases the supply sometimes it is some fear about losing value that people choose to cash out.
but in bitcoin the first step always leads to a mass panic because there are so many inexperienced people invested in bitcoin and they are "playing" around with trading bitcoin. and it actually is the reason why you keep hearing "trading is like gambling"
hero member
Activity: 1092
Merit: 501
March 19, 2017, 01:25:17 AM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.
You had a point with that things, the only community usually get panic on selling are those people who are newbie in this industry. JUst like what you had just said if there is  dropping the price happen it will surely recover then in a couple days.
sr. member
Activity: 364
Merit: 250
March 19, 2017, 01:09:27 AM
Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.
Yeah this is true that panic selling is the cause why bitcoin price dump, if all bitcoiners not sell his bitcoin i think the prices still in 1200$ if, but it os now 1010$ what the!.. Differences make in just a day it lost 200$, i think china also the reasong why bitcoin price dumps
sr. member
Activity: 1232
Merit: 250
March 19, 2017, 12:36:15 AM
Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.
hero member
Activity: 756
Merit: 501
March 18, 2017, 11:49:25 PM
The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.
hero member
Activity: 840
Merit: 502
March 18, 2017, 11:11:42 PM
It's not about chinese but it seems like a lot of the people are believing about bitcoin unlimited rumour. and i think it's the great disaster for us and the bitcoin itself. it can destruct the bitcoin in the future.
Just try to get more information about the current condition.
I have heard the rumor as well, so it is because of that? I don't think anyone wants a hard fork that could potentially destroy bitcoin, maybe not totally but it will be a hard blow against crypto currencies as a whole.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 18, 2017, 10:55:51 PM
the panic selling is happen in every where and its triggered people to sell their bitcoin as they don't want to see that they can not make a big money. i think its funny because we see that before the price is raise into $1xxx, the price is too slow to increase, but for the down price, we only need almost 2 hours to see the price is under $9xx.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
March 18, 2017, 10:39:46 PM
Many people would have sold today when price started to go down as they would have thought that it can go back to 800 level in next few days but if you managed to have patience and if you are still holding your bitcoins then you will be winner in long run.
Well, we just need to be patient and wait. That is all we need. Bitcoin's price is really unpredictable which is really the reason why people are scared of it.
Scared and it's the reason why panic selling of bitcoin takes place. Now in a short time period of around 24 hours time bitcoin has dropped $200. Such a price drop sure will make the user lose temper and go for a selling. Unpredictability is the fact but we need to be prepared to overcome it.
sr. member
Activity: 1638
Merit: 300
March 18, 2017, 09:26:16 PM
Many people would have sold today when price started to go down as they would have thought that it can go back to 800 level in next few days but if you managed to have patience and if you are still holding your bitcoins then you will be winner in long run.
Well, we just need to be patient and wait. That is all we need. Bitcoin's price is really unpredictable which is really the reason why people are scared of it.
sr. member
Activity: 532
Merit: 250
1st of May
March 18, 2017, 09:14:08 PM
If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.
yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

this is the result of panic selling, direct bitcoin prices plummeted, because they fear getting lower prices when in fact that which causes the price drops are selling on a large scale, this happens because there altcoin prices rise so high that sales mebuat bitcoin getting up
legendary
Activity: 1414
Merit: 1002
= jasad =
March 18, 2017, 07:59:18 PM
If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.
yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .
legendary
Activity: 1526
Merit: 1001
March 18, 2017, 07:27:48 PM
If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.
sr. member
Activity: 560
Merit: 250
March 18, 2017, 01:04:45 PM
Many people would have sold today when price started to go down as they would have thought that it can go back to 800 level in next few days but if you managed to have patience and if you are still holding your bitcoins then you will be winner in long run.
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