The rush to sell is real | Bitcointalksearch.org

Oralmat

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Quote from: ImHash on March 21, 2017, 02:53:37 AM

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

Yes, we should not be holding wrong speculations, we should be positive of its rising. Lets not be on rush things with the coin, selling is not that good advise for those who really want to make profit hold it for long see what will happen in the future.

ASHLIUSZ

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The rush to sell has decreased a little than the day of sudden loss due to the bitcoin unlimited. Now recovering phase has got initiated with the steady and regular price growth happening little by little, though the fluctuations were very minor compared to the steeper growth.

lionheart78

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Quote from: Kimi80 on March 21, 2017, 03:20:38 PM

What are you talking about here, what kind of dive are you mentioning, what kind of panic selling, price is 1115 dol. and that is the price for weeks now, with small oscillations. You are making drama here for nothing. I can't believe that some person made newbie account just to troll here!

LOL just check the date when this was started and the date when you replied. 3 days gap is a very long gap and many things will happen that will change the situation of Bitcoin. About the price, seems you have not seen the price this last few days. I bet you better see the price chart yourself. Anyway, I do think that some people who sells are not dumping their coins, they are in to reap a profit when a chain of selling reaction triggers Cheesy

. Anyway I think dip had its fun and price is starting to go up again. I hope many holders managed to buy more Bitcoin during these dips.

richardsNY

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Quote from: BitHodler on March 21, 2017, 03:26:22 PM

The only thing that will become worthless is the BU coin as result of a chain split. Exchanges have said to list it as altcoin, but I would prefer exchanges to not list it at all.

But that's something they obviously won't give a damn about as they only care about is the fee income that they will generate. As always, it's all about money. Greedy bunch of hyenas.

I personally would also prefer to have exchanges completely ignore BU, but we all know that exchanges are looking for one thing -- generating fees. In case of the Ethereum fork, I really like how BTC-E decided not to list ETC at all. This is how all exchanges should respond to forks, but if you look at it from another point, then they are basically just listing another altcoin, and with that not much is wrong.

BitHodler

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Quote from: Sundark on March 21, 2017, 09:04:40 AM

Price of BTC might regained some value, but that is not the end for possible rapid ups&downs we will see.
We need some kind of scaling solution to be achieved, or we will be dealing with fear (mostly not backed by real arguments) that bitcoin will become worthless.

Bitcoin will remain holding its dominant position. If you see people say that Bitcoin will become worthless, they obviously don't know how indestructible Bitcoin really is.

The only thing that will become worthless is the BU coin as result of a chain split. Exchanges have said to list it as altcoin, but I would prefer exchanges to not list it at all.

But that's something they obviously won't give a damn about as they only care about is the fee income that they will generate. As always, it's all about money. Greedy bunch of hyenas.

Kimi80

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What are you talking about here, what kind of dive are you mentioning, what kind of panic selling, price is 1115 dol. and that is the price for weeks now, with small oscillations. You are making drama here for nothing. I can't believe that some person made newbie account just to troll here!

Technicality

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Quote from: 1Referee on March 21, 2017, 05:34:55 AM

It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

It's a lot harder for Bitcoin's value to go up now though. We might see Bitcoin at pretty much an ATH but this is still strange behaviour and should not be seen as normal.

I agree that Bitcoin's price won't go down all the way to 0 or even close to that but we need to take care and watch from the sidelines. Now that the price is as high as $1000 per coin, the market cap has to rise by an amazing amount for Bitcoin's value to do so and that's a key factor to take into account.

Sundark

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Price of BTC might regained some value, but that is not the end for possible rapid ups&downs we will see.
We need some kind of scaling solution to be achieved, or we will be dealing with fear (mostly not backed by real arguments) that bitcoin will become worthless.

X-ray

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Quote from: aardvark15 on March 21, 2017, 08:00:30 AM

Quote from: ImHash on March 21, 2017, 02:53:37 AM

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

We will see the price get to $1200 again. But I wouldn't be too surprised if we had another drop in price before then. We could be in a period of price fluctuation.

I don't think so, i think the price of bitcoin will always steady until another big news will be released. in this time a lot of the people are feeling sad caused by the hardfork of bitcoin in the future.
But it seems like a lot of the people are thing if that's not giving bad affect for the bitcoin. and in this time the bitcoin always recover.

Reid

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Nope. Not going crazy about it.
Actually I can still sleep soundly even if it dives at $900.
This happenings always occur with BTC as I have seen it. It is not something new that we should be panicking about.
We will just make it worse when we do go with the wave of panic sellers.

traderethereum

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Quote from: 1urker on March 18, 2017, 02:22:16 PM

Title.

Never sell low philosophy is killing me.
Are you guys also getting crazy? Grin

(About BTC dive)

i think its not good to sell btc at this year as if we only want to sell our bitcoin in the higher price and for the price $11xx is not the higher price or even the price is reach until $12xx. so i think its good to hold and save it into our wallet and i think its not a big problem to us to save it, many people is holding their bitcoin too like us.

aardvark15

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Quote from: ImHash on March 21, 2017, 02:53:37 AM

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

We will see the price get to $1200 again. But I wouldn't be too surprised if we had another drop in price before then. We could be in a period of price fluctuation.

talkbitcoin

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Quote from: 1Referee on March 21, 2017, 05:34:55 AM

It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

excellent point.
and as a matter of fact i was doing it a couple of months back. i was bored and decided to flip through the pages in range of 300 in this board, although i don't think all of the early topics are found this way but it was a good experience seeing all those comments with the same theme although in a much smaller scale.

1Referee

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It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

Dimelord

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Quote from: ajeef on March 18, 2017, 02:43:26 PM

People who will get panic only will sell their coins at this stage and its a stupid decision to make but people who have faith in the potential of bitcoins will never sell their coins and will prefer to hold them for a long term and that is the right thing to do.

People who know the history of bitcoin's journey so far will never get panic and they will not sell their bitcoins.They know well that its a temporary situation and bitcoin would recover.Predictions were made that bitcoin price would fall to $700 to $850,but you could see the difference as bitcoin price is now $1082.

ImHash

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Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

user27

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Quote from: aardvark15 on March 20, 2017, 07:29:33 PM

What I've learned from trading for a few years is that after a spike in price, the price will go back down some. The price of Bitcoin went up too fast so there are people that will cash out so the price is almost always going to drop but it will recover.

When there are price hikes, there will be low points.

That's true with any stocks or any assets, not just bitcoin.

So don't go "oh no, everything's failing now because the price is at below $1000 for 3 days", but rather look at the bigger picture here. Bitcoin hasn't ever stayed above $1000 as long as this time.

Think of the positives, and don't get dragged into the crowd. Go against the crowd sentiment.

aardvark15

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What I've learned from trading for a few years is that after a spike in price, the price will go back down some. The price of Bitcoin went up too fast so there are people that will cash out so the price is almost always going to drop but it will recover.

n691309

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Quote from: Kemarit on March 20, 2017, 01:01:59 AM

@n691309 Nice to hear that you are not selling now, but the problem with others is that they panic after reading a lot of crap in the internet without looking at the current issue and jump into conclusion. So panic sell all over. This is blowing out of significant level, that others jump off the board before bitcoin price dip more. to at least recover their investment. I'm sure that bitcoin will recover and survived this heck even rise to $120-$1300 in a few months or at end of the year.

There will be always some that will speculate a lot or troll in some cases but we should check by ourselves what is really happening the crypto world and see what other people think about the bitcoin moves and bitcoin investments from big investors and those that have big impacts to the bitcoin. I wouldn't say that the panic sell is over as there is still some room for panic, it will take few weeks until the price of bitcoin can be stabler but it can take longer, I'm more optimistic that the bitcoin price will be recover and be back to $1200-$1300 within few months and probably within the Q2.

batang_bitcoin

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Quote from: The Sceptical Chymist on March 18, 2017, 10:25:05 PM

I haven't sold any bitcoin lately, HOWEVER I did spend some recently--right before this little crash we're having, as it turns out. Couldn't have gotten any luckier, I must say.

Paycheck comes next week, and then I may partake in some buying. Can't beat these prices.

The same thing with me, I haven't sold some of it but the good thing that I've ever done is paying my bill when the price is still high, it comes out that I paid my bill at lower price. And I don't have plans on selling some of it until now or until I'm going to see the price to get back again on what it is used to be.

Topic: The rush to sell is real (Read 3145 times)