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Topic: So the panick buying is kicking in.. (Read 3120 times)

sr. member
Activity: 448
Merit: 250
December 11, 2015, 04:34:34 AM
#42
Well people who is panicking is just the people who are not really busy with bitcoin.
Everyone know that this always happen in the past years.
Bitcoin will be fine at the end of every year.
sr. member
Activity: 406
Merit: 250
December 11, 2015, 04:01:35 AM
#41
Well I am not panicking if I buy bitcoin I just buy little amounts that I can be safe if something happens to bitcoin.
Also we have the future a head bitcoin will still rise.
legendary
Activity: 1946
Merit: 1007
December 11, 2015, 02:32:31 AM
#40
Sometimes I honestly don't understand why people buy during times like this.
I bought 20 BTC when the price dropped to $210.

I see every major drop as an opportunity.

You are quite unique in this regard. You trade with thinking, not with feeling. When price was 210, most people thought it would crash down further and were afraid to dive in. You saw an opportunity and took it.

Just buy a bit when you can and don't start panicing when you get some small losses.. it will recover, but it just needs some time.
legendary
Activity: 3808
Merit: 7912
December 10, 2015, 01:19:29 PM
#39
Yeah so if you people could all just panic buy.... that would be great.
hero member
Activity: 560
Merit: 501
December 10, 2015, 12:55:23 PM
#38
I think this will be the same as it was before. The price goes up and then falls down to 350 again.
legendary
Activity: 1246
Merit: 1000
December 10, 2015, 12:38:52 PM
#37
not sure if this was panic buying. it is a peak probably caused by a single entity. it was a very welcome green candle. i hope when i wake up the price won't dive back to below $400 again. i am happy as long as it stays above $400.

It doesnt  look like panic buy,There was stabilisation on 380$,no will be next stabilisation on 420$
Look How China is opening,You will see trend  for all day

Westerness are not sellng much

We have had one day stabilization  at around $420.
There seems to be no more panic buying.  Smiley
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
December 09, 2015, 10:02:08 PM
#36
Yay, this means btc is going up again Tongue

Damn, last time I checked it was still like $390 and now it's $410, wow.
now pump still continue and maybe before christmas we potential see price goes up to $450 and if china market still want to pump price maybe we will see price above $500
newbie
Activity: 18
Merit: 0
December 09, 2015, 08:37:53 PM
#35
Sometimes I honestly don't understand why people buy during times like this.
I bought 20 BTC when the price dropped to $210.

I see every major drop as an opportunity.
legendary
Activity: 1722
Merit: 1000
December 09, 2015, 08:33:47 PM
#34
The pattern is fully formed.




LOL awesome
full member
Activity: 175
Merit: 100
December 09, 2015, 06:57:02 PM
#33
The pattern is fully formed.


member
Activity: 112
Merit: 10
December 09, 2015, 05:22:56 PM
#32
Panic buy is a strong word, but I would say by breaking the $400 mark a lot of people want in.
Pab
legendary
Activity: 1862
Merit: 1012
December 09, 2015, 03:26:10 PM
#31
not sure if this was panic buying. it is a peak probably caused by a single entity. it was a very welcome green candle. i hope when i wake up the price won't dive back to below $400 again. i am happy as long as it stays above $400.

It doesnt  look like panic buy,There was stabilisation on 380$,no will be next stabilisation on 420$
Look How China is opening,You will see trend  for all day

Westerness are not sellng much
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 09, 2015, 02:42:34 PM
#30
holy crap, this is great to see. And the huge rise comes right after I actually bought some Bitcoin. Usually when I buy it, the price tanks. Somehow I never manage to make any money, but that's the story of my life.  Sweet!

Don't get too excited mate.
Let's see first how high we will climb and how big the sell-off will be after that.
I hope $400 will hold.That would be really awesome and a nice finish for this year. Smiley
Lol.  If I knew how to, I'd make one of those Batman slapping Robin memes out of ^^ and post it here.  It's definitely nice to see the price increase though.  The part of me that's a closet gambler loves it.
legendary
Activity: 994
Merit: 1000
December 09, 2015, 11:27:04 AM
#29
While all are buying i am going to sell half of my coin at current price and will buy back when it will be around 400. I think it will go down to touch 400 again.
legendary
Activity: 1834
Merit: 1036
December 09, 2015, 11:05:53 AM
#28
Nice to see an upward trend and maybe another big jump when Christmas shopping starts. I expect a big jump 10 days at least before Christmas as Bitcoin users will start piling up their stack of coins and enjoy the discounts given by different sites before Christmas.
legendary
Activity: 1073
Merit: 1000
December 09, 2015, 10:40:53 AM
#27
Im not panick buying this time, instead i am selling because i feel its already the highest this month. Also im needing it for this coming christmas and have some early shopping Cheesy

I am not panic buying either. I have bought my coins way before the first rally started. I can just sit back and enjoy the price go up and up. I will start securing some profits once we reach at least $500-$600. Not before.

Haha yes, i am also enjoying watching the bitcoin price right now and its pretty satisfying to see its kinda strong right now @ ~420. I am also with you waiting for atleast 500 to secure a decent profit but right now let's just enjoy the "show" Cheesy
legendary
Activity: 1232
Merit: 1091
December 09, 2015, 10:22:28 AM
#26
Im not panick buying this time, instead i am selling because i feel its already the highest this month. Also im needing it for this coming christmas and have some early shopping Cheesy

I am not panic buying either. I have bought my coins way before the first rally started. I can just sit back and enjoy the price go up and up. I will start securing some profits once we reach at least $500-$600. Not before.
legendary
Activity: 1073
Merit: 1000
December 09, 2015, 09:53:11 AM
#25
Im not panick buying this time, instead i am selling because i feel its already the highest this month. Also im needing it for this coming christmas and have some early shopping Cheesy
hero member
Activity: 756
Merit: 500
December 09, 2015, 08:27:58 AM
#24
Bitcoin is on the front page of reddit, that's why the spike

https://www.reddit.com/r/all
bitcoins currently at 420, looking like the publicity is doing great for bitcoin. it always crashes though, i just wonder when thats going happen.
member
Activity: 115
Merit: 10
December 09, 2015, 08:01:24 AM
#23
IMHO people should be scared to miss out! This is a truly breakthrough technology with a great potential and whoever doesn't have even a small stake in Bitcoin at the moment risks to miss out a big time.

I guess people are just getting aware of this. Also we have needed badly this recovery. All the positive news and development has to start paying off eventually!

People have had enough chances to buy their coins at around $220. You remember how long the price didn't move when it was around that level? They also had a lot chances to buy at just over $300. If people still haven't bought, then they surely are going to do it when it rises to $600. That's what happens with these kind of people. They will buy at some point, but at a way higher price.

'these kind of people' you refer to are I think are small in number. I think they may only number 10,000 -20,000 and on average own less than say 30  bitcoins.
they buy a few more bitcoins when their overall financial position improves a little as they need to alwys be in a psotion so that can afford to "lose' them if it all turns sour. They believe in bitcoin but know there is alot ahead for it  - and yes they may buy back in at say $500 if they see it may be $700 soon. That to them is a better prospect than buying at $250-$300 when the price is static as static is not what they expect from bitcoin.

But overall "these kind of people' are not significant players individually or collectively so they do not move the price - bots do that.
full member
Activity: 146
Merit: 100
December 09, 2015, 07:41:01 AM
#22
Interdesting.



OP that gif made me lol irl.

ty
hero member
Activity: 583
Merit: 503
December 09, 2015, 07:27:00 AM
#21
No panick buying for me this time. Did it in the first days of november and got into the red numbers within 48 hours, luckily I could 'repair' the damage with some trading and paid work. If this is another short spike, then I've made the correct decision. If this is really the rocket to the Moon, well ... too bad then ... !
legendary
Activity: 1442
Merit: 1016
December 09, 2015, 07:03:29 AM
#20
holy crap, this is great to see. And the huge rise comes right after I actually bought some Bitcoin. Usually when I buy it, the price tanks. Somehow I never manage to make any money, but that's the story of my life.  Sweet!

Don't get too excited mate.
Let's see first how high we will climb and how big the sell-off will be after that.
I hope $400 will hold.That would be really awesome and a nice finish for this year. Smiley
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
December 09, 2015, 07:01:10 AM
#19
Yup, it seems like we have great up trend. I am just getting in very optimistic bully phase and will pick up some more coins. Guess till Christmas we can go lot higher.
full member
Activity: 210
Merit: 100
December 09, 2015, 06:45:39 AM
#18
FOMO is real! Must... Buy... More...

No but in all seriousness seems like big resistance whale was slaughtered and we are on steady deserved rise once again. And yes. I will buy more.
sr. member
Activity: 448
Merit: 250
December 09, 2015, 06:42:42 AM
#17
Lol I think a lot of people will lose a lot of money. This high price evolvement can't be sustained. See what happened the previous hype.
Don't fall for this pump.
legendary
Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
December 09, 2015, 06:19:37 AM
#16
We're in a bullish cycle, it's normal that it's going up. There was a small break for a few weeks, after the test pump to $500.
We'll see $2000 in 2016, I believe.
legendary
Activity: 2632
Merit: 1094
December 09, 2015, 06:17:46 AM
#15
There's no explanation as usual, definitely some manipulators or whales doing the pump or maybe China at this hour, not sure. There's not a single event that we can pinpoint at the moment.

No explanation? Did you see news about "Bitcoin Creator" Craig Wright? I think this news which made bitcoin price increased.
As usual, there's pump & dump. Sell now & buy again when dump happened Roll Eyes

Is this the reason why the price increased? Now I can barely see sellers on the forum and everyone only wants to buy bitcoins which I feel is the reason for the pump.
legendary
Activity: 2170
Merit: 1427
December 09, 2015, 05:49:58 AM
#14
IMHO people should be scared to miss out! This is a truly breakthrough technology with a great potential and whoever doesn't have even a small stake in Bitcoin at the moment risks to miss out a big time.

I guess people are just getting aware of this. Also we have needed badly this recovery. All the positive news and development has to start paying off eventually!

People have had enough chances to buy their coins at around $220. You remember how long the price didn't move when it was around that level? They also had a lot chances to buy at just over $300. If people still haven't bought, then they surely are going to do it when it rises to $600. That's what happens with these kind of people. They will buy at some point, but at a way higher price.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
December 09, 2015, 05:43:46 AM
#13
IMHO people should be scared to miss out! This is a truly breakthrough technology with a great potential and whoever doesn't have even a small stake in Bitcoin at the moment risks to miss out a big time.

I guess people are just getting aware of this. Also we have needed badly this recovery. All the positive news and development has to start paying off eventually!
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
December 09, 2015, 03:41:37 AM
#13
There's no explanation as usual, definitely some manipulators or whales doing the pump or maybe China at this hour, not sure. There's not a single event that we can pinpoint at the moment.

No explanation? Did you see news about "Bitcoin Creator" Craig Wright? I think this news which made bitcoin price increased.
As usual, there's pump & dump. Sell now & buy again when dump happened Roll Eyes
legendary
Activity: 3248
Merit: 1072
December 09, 2015, 03:36:07 AM
#12
the bubble just took a break and is now beginning again...

not a break for nothing it was for accumulation, every dump it's done for that purpose, now they are reloading again for a new wave and a new dump

but th ething is that we are progressing nicely between one pump&dump, the average value is increasing
legendary
Activity: 1937
Merit: 1001
December 09, 2015, 02:35:46 AM
#11
The explanation is an extremely small market where relatively small trades by slightly more wealthy people can move the entire 'economy' of the currency in a blink of an eye.
legendary
Activity: 1568
Merit: 1000
December 08, 2015, 09:51:57 PM
#10
There's no explanation as usual, definitely some manipulators or whales doing the pump or maybe China at this hour, not sure. There's not a single event that we can pinpoint at the moment.
legendary
Activity: 1092
Merit: 1000
December 08, 2015, 09:50:17 PM
#9
the bubble just took a break and is now beginning again...

It looks like just a bubble becoming bigger and bigger again. As per my knowledge there is no solid reason for bitcoins to increase prices so fast from all the way 250 level to 400+. Anyway I made some good profits already and booked some profits and looking to buy again at some good price. Not sure how long this high price will survive. Anyone know the real reason for this price rise?
full member
Activity: 210
Merit: 100
December 08, 2015, 09:18:32 PM
#8
Bitcoin is on the front page of reddit, that's why the spike

https://www.reddit.com/r/all

>.> what
legendary
Activity: 896
Merit: 1000
December 08, 2015, 08:13:42 PM
#7
not sure if this was panic buying. it is a peak probably caused by a single entity. it was a very welcome green candle. i hope when i wake up the price won't dive back to below $400 again. i am happy as long as it stays above $400.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 08, 2015, 07:34:41 PM
#6
holy crap, this is great to see. And the huge rise comes right after I actually bought some Bitcoin. Usually when I buy it, the price tanks. Somehow I never manage to make any money, but that's the story of my life.  Sweet!
legendary
Activity: 938
Merit: 1002
December 08, 2015, 07:22:21 PM
#5
Yay, this means btc is going up again Tongue

Damn, last time I checked it was still like $390 and now it's $410, wow.
sr. member
Activity: 427
Merit: 250
December 08, 2015, 07:18:58 PM
#4
Bitcoin is on the front page of reddit, that's why the spike

https://www.reddit.com/r/all
legendary
Activity: 1960
Merit: 1022
December 08, 2015, 07:16:53 PM
#3
Calling the FOMO!

legendary
Activity: 2114
Merit: 1015
December 08, 2015, 07:14:35 PM
#2
the bubble just took a break and is now beginning again...
full member
Activity: 196
Merit: 100
December 08, 2015, 06:34:05 PM
#1
Interdesting.

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