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 2357 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.
the fact is that this is the only big problem with the crypto industry. the prices are based on nothing more than the whims of a large group of mindless cows. i am not saying that it is a bad thing that the price is volatile, just that it is near impossible to get people to accept this as a standard currency as long as four or five guys on a couple chat boards can manipulate the price so easily. this is the biggest hurdle that must be gotten over.
I don't think that is going on at all. The recent ramp up sent us into silly territory as prices got way ahead of any logical price. It was high time for a correction. I know its brutal out there but this is exactly how a free market operates. The U.S. stock markets also used to do this. Now there a million controls on the market and it is even shut sown if it drops to fast. That is actual manipulation. What you are seeing in the BTC market today is what happens when there is no ability to control the sell/buy decisions of individuals.
It really comes down to speculation. Many BTC speculators do not give a shit about bitcoin. They are trying to make dollars or Euro. They drive up the price in a frenzy then reality sets in and people realize that the price no longer makes sense. Those speculators then dump their coins and... POP!
It has happed many times before and is going to happen again. All is well.
I saw many sell wall on the exchange and the panic selling just only began.
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I'd say 830-970$ range(bound) is likely for the near future.
Yet i'm not sure the "big dumper" is done
Still i'm keeping my buy orders open all the way from 835$ to 892$.
The latter got already partially filled.
careful with that automation, well buy and sell orders that will fill when possible, just hate to come back after 8 hours at the office and see that something was bought at 800 and the current price is then 600, or the other way around
That's about 25% of my stash.
I've sold those coins for profit at 1000$+ yesterday, so risk is definetely acceptable to me.
Moreover sure sh*t happens, but i feel it's less likely to go under 800$ for now.
This correction was overdue, many people (me included) posted about it coming yesterday ...
all people experience this. Yag even traders have experienced in this world. decline is very high. leading to chaos in many bitcoin exchange. however this time bitcoin prices began to stabilize and survive in numbers 950USD.
I saw many sell wall on the exchange and the panic selling just only began.
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I'd say 830-970$ range(bound) is likely for the near future.
Yet i'm not sure the "big dumper" is done
Still i'm keeping my buy orders open all the way from 835$ to 892$.
The latter got already partially filled.
careful with that automation, well buy and sell orders that will fill when possible, just hate to come back after 8 hours at the office and see that something was bought at 800 and the current price is then 600, or the other way around
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
Was hoping the dip come at the month end when my pay check comes. This is too early.
its a little dip, its climbing again , its now more around $1000,- and i think gonna climb further
Are you just creating so called FUD to keep everything at a steady hand?
I saw many sell wall on the exchange and the panic selling just only began.
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I'd say 830-970$ range(bound) is likely for the near future.
Yet i'm not sure the "big dumper" is done
Still i'm keeping my buy orders open all the way from 835$ to 892$.
The latter got already partially filled.
the fact is that this is the only big problem with the crypto industry. the prices are based on nothing more than the whims of a large group of mindless cows. i am not saying that it is a bad thing that the price is volatile, just that it is near impossible to get people to accept this as a standard currency as long as four or five guys on a couple chat boards can manipulate the price so easily. this is the biggest hurdle that must be gotten over.
I saw many sell wall on the exchange and the panic selling just only began.
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
I predict that it will spike down at 810$-860$ - the bottom line and then it will bounce up .
Well, I planned to sell my bitcoin when it reaches $1250. Seem like my plan has fail LOL. Those panic sellers never know when is the good time to sell Bitcoin. Bitcoin will rise again, but not in this month. I have to wait again and again
Just HODL, what kind of an idiot sells into a drop like this. Nothing to worry about, the price will go up again soon.
Was hoping the dip come at the month end when my pay check comes. This is too early.
its a little dip, its climbing again , its now more around $1000,- and i think gonna climb further
Are you just creating so called FUD to keep everything at a steady hand?
1000 was a good selling point. Now we have a bear market ahead.
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.
Big guys decided to make some money, that's all.
Was hoping the dip come at the month end when my pay check comes. This is too early.
its a little dip, its climbing again , its now more around $1000,- and i think gonna climb further
Was hoping the dip come at the month end when my pay check comes. This is too early.
It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
what hack
did i miss something ? do you have sources from this hack Lol. Just a hoax. There is no evidence and such announcement regarding that issue from coinbase, besides the price drop is always highly possible because of the huge price pump of bitcoin. Bitcoin whale holders will definitely sell their stock btc because this is the opportunity to have huge profit
I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
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$), and I think we'll go sideways from here for a while.the correct statement is "you should either be a professional trader or hold your bitcoin."
you can open reddit/r/bitcoin and search for guy losing (don't recall amount
) trying to short bitcoin. and so many similar stories we don't hear about but they are real and happen every day to newbies. I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.
I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
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. 
indeed , from $1200 dollars to $ 960 , in a couple hours, its going fast
Yup, the fall is fast! I am try to figure out the bottom so I can add more just like that bitfinex hack event and how btc fell. I am sure btc will recover after some time. Now is the window of opportunity to add more.
It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
what hack
did i miss something ? do you have sources from this hack
indeed , from $1200 dollars to $ 960 , in a couple hours, its going fast
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 .
It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!
The old saying, history repeats itself, today the yesterday repeats again. After we climbed to a new time high, China panic sell, I hope there will be no negative news in the future, Chinese central bank please do not BAN btc
You're right op cos if everybody decide to sell their bitcoin will be more worst. I'm going to hold mine at the moment and I see no reasoning in selling my coin since I get them when the price at $767 so I have nothing to loose.
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 thought we have more time until price drops hard but seems like I thought wrong and I think we all knew this will happen sooner or later and the new year had a big part for price to increase insanely, what we can do and should do is to remain calm in this situation. $945 now.
and I think we all knew this will happen sooner or later and the new year had a big part for price to increase insanely, what we can do and should do is to remain calm in this situation. $945 now. 
As usual some pro's trying shake things a little bit.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.
I tend to agree. You will only end up with a loss if you sell at this prices and not now when to buy back.
Sure, nobody nows what really is going to happen, but at this moment holdnig for the longer term seems to be the only wise thing to do.
After all a correction was bound to happen.
In november the price was 610, today 1130, just think about that when you are making business trades.
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?
As usual some pro's trying shake things a little bit.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.
I think it's a good time to grab more bitcoins , but the price is really moving fast like in two mins or so it moved from 870 to 910
still can't understand what's going on at the moment , cause btc was climbing so fast and then something insane happened
didn't imagine that we can see such move
still can't understand what's going on at the moment , cause btc was climbing so fast and then something insane happened
didn't imagine that we can see such move
A good dip. Time to buy more bitcoin while there is still time to do so. In a few more weeks it may start to climb back up 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.
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