Topic: Where are the SELLERS??!? (Read 4294 times)
Chilling and waiting for the best time to sell.
Buyers are definitely lacking.
Yep, wondering when we might see some panic in the upwards direction. It's been sparse. Likewise, not much panic going down. I actually think we are bottoming at this $590 level.... but buyers are going to have to appear at some point....
The sellers are waiting to dump at $720, $840, $945 - those numbers seem familiar? We spent almost a month jumping each of those levels - they've almost become little orbital path like electron energy states
I think the people who needed the cash have dumped and took their losses. Those who got in higher are sitting and may or may not dump on the way up. Buyers are definitely lacking.
I think the people who needed the cash have dumped and took their losses. Those who got in higher are sitting and may or may not dump on the way up. Buyers are definitely lacking.
.............................
And, where 'ol where have all the sellers gone?
You asked for sellers and they came!!!
A wish come true!
I think option a is the most realistic, there is a bit of problem related to trust of exchanges since Mt. Gox scammed so many people. And there is another thing, price is almost half of the highest which was here 7 months ago, so people still don't wan't to sell, waiting to get at least 1,200$ per piece.
Still need time to pass if price will go over 1000$. Will happen yes. When that is something else.
Surely wont be in next month or two but in long term investment this will happen maybe same time like last year.
I think option a is the most realistic, there is a bit of problem related to trust of exchanges since Mt. Gox scammed so many people. And there is another thing, price is almost half of the highest which was here 7 months ago, so people still don't wan't to sell, waiting to get at least 1,200$ per piece.
Volume has gone down quite a bit compare to a few months ago.
If I have to guess, it is cash strap miner and payment processing company selling at this level.
If I have to guess, it is cash strap miner and payment processing company selling at this level.
Not exactly true. The volume simply shifted from some exchanges to others. We're still at normal levels, for this point in time even above them. Many people don't know about this nifty site: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc
Volume has gone down quite a bit compare to a few months ago.
If I have to guess, it is cash strap miner and payment processing company selling at this level.
If I have to guess, it is cash strap miner and payment processing company selling at this level.
Nonesense! Take a look at the long-term volume over all exchanges: https://data.bitcoinity.org/markets/volume/6m?c=e&t=a&volume_unit=btc We're on our way to the moon!
We got your sellers and now we are sub 600 
If it was lack of sellers, the price should goes down, you are talking about low volume in general.
If it was lack of sellers, the price should goes down, you are talking about low volume in general.
We are sub 600 but the value seems to recover, the buy wall at 590$ resisted to the sell pressure and the price is bouncing upwards now.
We got your sellers and now we are sub 600
If it was lack of sellers, the price should goes down, you are talking about low volume in general.
If it was lack of sellers, the price should goes down, you are talking about low volume in general.
they are right here dumping 15k+ coins
Yeah, these sell offs are MASSIVE. lol
they are right here dumping 15k+ coins
wouldn't you agree, though, that there is some hefty resistance above? it seems every time we try to push into the $630s, $650s, $680s, we keep getting smacked down by sellers. or is that just a lack of buyers?
Lack of buyers, imo.
The problem is we need an influx of new users. Most of us who have been around a while aren't willing to pay more than $700 per BTC to any large degree, myself included. A lot of the logic of long time bitcoiners is "The price was JUST $350 like two months ago, I ain't payin' double for it now! gah!"
So many of us are just waiting for the next flash crash so I can empty my "money I've saved up to buy bitcoin during a flash crash" earmarked funds...
Sellers are drying up. We're in that part of the cycle now.
The Ethereum crowd are selling.
Some sellers are left - they are currently trying to push price in $5xxs again. But agree it maybe $440s all over again.
Sellers are drying up. We're in that part of the cycle now.
i hope so. i've bought back all in by now, so i could do with a nice rally.
as far as "Where are the SELLERS?" i'd say they are the ones who are repeatedly stacking ask walls and dumping several hundred coins at a time. but it does smell like 440 price action.....
Sellers are drying up. We're in that part of the cycle now.
Or they keep it for suddenly price change. Maybe they try to manipulate with marketplaces in secrete so that they can influence in price change.
Sellers are drying up. We're in that part of the cycle now.
There are no sellers, only whales triying to buy now.!
wouldn't you agree, though, that there is some hefty resistance above? it seems every time we try to push into the $630s, $650s, $680s, we keep getting smacked down by sellers. or is that just a lack of buyers?javascript:void(0);
Well all of you day trader folks are frothing at the mouth to "SELL" at the first sign of raised prices, so you can make that $10 you've been dying to make. I've always said its the traders that are the main cause for volatility and lack of price increases overall. Its you guys trying to play the system that cause the lack of your own profit. And everyone elses. Stop day trading Bitcoin.
-B-
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