I don't call it panic selling, it feels more like market is refreshing to start again from a new position. This will help motivate people to join the bitcoin hype train.
Next push will be even better, and the cycle will continue... Until the moon will be reached.
Topic: Panic selling started ! (Read 2354 times)
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
Even the way it is now, based on my own little understanding I am beginning to have some feelings on how the price moves like someone is influencing the price somewhere in the sense that, more people are buying then the price increase, we move again to people selling, then the price begins to drop thereby creating a panic for more selling for the price to dip further, then all of a sudden again, it start increasing... I really do not understand...
there is no clear indicator, only about supply and demand. financial crisis here and there causing the bitcoin demand increasing but sometimes did not have any affect to the bitcoin price , really strange actually to see cryptocurrency market.
The dip might be temporary as the bitcoin price climbed back again and is fluctuating between $930 and $990. It always up and down for the bitcoin because of its high volatility and it may worsen by some factors like speculations and panic-selling.
even if things settle out at 800, it will be a large boost from last year
This is what I mean in some of my post. People are just happily carried away because of the price pump to over $1,100 but when suddenly it drops they really called it as a crash. Price increase happens in just a matter of short period of time so what they are expecting? Maintain it to the top? That is not possible since there are hoarders who wants to take profit.
What matters is as long as we are around $1000 then that is better. It's good to see the bottom price in that range compare to last year.
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
I feel very strange. I think There is something wrong with bitcoin .
I'd personally hold, we've still gone up a large amount since the beginning of this rally (from +-800$ to 950$), and I think we'll go sideways from here for a while.Thank you for you advance. I see that this can be a bear trap, They intentionally sell to cause panic because they have much more profit already and then they buy bitcoin with cheap price. I will wait for new bottom line to cover cheap bitcoins.
even if things settle out at 800, it will be a large boost from last year
If you are in it for the long haul always hold it. This dip does not worry me. It's an opportunity to buy more.
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
Even the way it is now, based on my own little understanding I am beginning to have some feelings on how the price moves like someone is influencing the price somewhere in the sense that, more people are buying then the price increase, we move again to people selling, then the price begins to drop thereby creating a panic for more selling for the price to dip further, then all of a sudden again, it start increasing... I really do not understand...
I selled low part of bitcoin. Maybe it will drop to 850$ but will grow again this month over 1100$
I think it will be back 1,000$ or more. it is testing at 850-860$ before bouncing up 1,000$ in 24 hours.
Well, maybe panic selling caused prices to drop dramatically at this time. perhaps if those who hold bitcoin bitcoin they do not sell in large quantities maybe it's not going to happen. but, to be left to sell at high prices make people think that now is a good time to sell bitcoin.
You must realize that werent nothing under the big value bitcoin has achieve at Christmas as well New Year, those periods bitcoin were pumped without a valid reason, some thinked it were a bigger demand, something that hasnt happened at all. Atleast with this dump its clear someone has huge influence and wanna to test the walls at bitcoin, and for now looks like the price were being manipulated.
You can't blame those who are panicking in selling their coins, we have our own thoughts, that telling maybe sooner price will dump to 700 or maybe to 500 so others are selling and there are some thoughts that this is just temporary and will stay at 900 to 1000. So we can't do about that. But I'm in holder team, I will not sell, and never do it ever.
I'm on your side man, not waste any coin in panic selling.The temptation to sell in higher price and some big traders sell out to get profits had triggered this situation.
But, there is no point to involve in such panics if we're believe in bitcoin bright future. The dip is a sign to buy more cheaper bitcoin before the train left the station again.
I selled low part of bitcoin. Maybe it will drop to 850$ but will grow again this month over 1100$
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
How do you know this drop is caused by panic selling?
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
How do you know this drop is caused by panic selling?
Big guys decided to make some money, that's all.
I'm buying $100,000 to $1,000,000 (U.S.D) worth of bitcoin a day, a dip is a just a discount that I just appreciate. Also, I will not sell any of these coins either. These coins I buy are taken off the market.
looks like the dump has stopped, price is climbing again, currently 1,000.42 on bitcoinaverage.com as i write this. good thing for those who still hold their coins and didn't panic coz of the dump. now we can see $1,200 or $1,300? 
Finally. We needed a correction bad. I'm kinda hoping for a drop to say $830. Then we would have a more solid base to work with.
it actually went down to $850 but it literary lasted less than 10 minutes and jumped back up to $940-$950
I bought at $989 as I saw it rising. Now it is coming back to $1000 placement again with it right now at $975 and climbing steadily now.
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I think personally, as bitcoin is not just a digital currency but also a commodity. Many who have already support buy investing in bitcoin, they have got already huge benefit.
But in the mean while there are many reasons why bitcoin become more interesting and popular, due to them value of bitcoin already goes up and in coming years it will skyrocket again.
But in the mean while there are many reasons why bitcoin become more interesting and popular, due to them value of bitcoin already goes up and in coming years it will skyrocket again.
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
It was expected in the first place as traders can take profit while at the same time will eventually make some another good rounds of buying. Good thing that some dumps happen recently so that we can test where will the price will established it's correction price. Right now it was slow down and hopefully this is the new floor for the so called "bottom".
Now be ready to packs bag again as for sure another road to the moon is on progress.
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