Won't people sell it ? - page 4. | Bitcointalksearch.org

MortonAlden

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

This totally depends on the coins that we are buying or selling. If we look at PRG, it is right now at a lower price therefore everyone should buy it and store in their wallets, however, when Paragon Space will rise its value, people will start selling it. At the same time, there will be coins that might not require sale at all, perhaps some people will be buying, thus the market will be stable and balanced.

Triffin

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Because, the recent situations are unfavorable for seller but favorable for buyers the current market give you the signals to invest as the market value of Bitcoin is low and this is the right time to take the benefit from this market. If you are still waiting then the market can shifts into a high market and you will miss this opportunity so do not think much and invest here now. This is not the time to sell coins and should hold it for long term till the green market.

harizen

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Same scenario like last year will happened. Why would sell if the price is setting up a new all time high on literally within a short period of time.

On my own view, if the same price hype trend will happened this year, people will have a mindset that it will passed the established ATH last year, therefore majority will HODL. Expectations are really high that there will be another trip to the moon before year ends.

But since no one knows what will happened, just wait before yearend end to see what actually will happened.

followmenot

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Good questionj for market behaviours.. And answer is clearly no they won't sell before that point cause noone knows into future. Just for psychology out of it: You wouldn't quickly sell a thing you find out increasing in value everyday..

rickyquillen05

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Well, it totally depends on the market condition that when the decline will come. But I think that the decline won’t come faster. Moreover, people do sell bitcoin when the price rise high.

pawanjain

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

"the people" selling it causes the decline, so how can they sell it before it arrives?? I don't think you have a valid point about bitcoin not being able to rise and fall the same way it did last year. If you are following yearly trends which it sounds like you are, then that's all you have to go by, previous yearly data. We are obviously entering a new era, where bitcoins presence is gaining attention. Massive bitcoin trades are happening away from these exchanges, which is not reflected on coinmarketcap for example.

If your indicating the price of bitcoin will increase drastically sooner than it did last year (early nov), what july/august and then fall 3 months later (oct/nov) i highly doubt it. Interesting to see how this year pans out, crypto space is unpredictable. Thats why the majority of us love it so god damn much.

Last year, Bitcoin went through many positive/negative news which made it's price grow so much over the last few months of the year.
There was a reason why BTC had grown so much and hence there should be a reason this time too for it to grow the same as the last time.
It is obvious we cant expect the same growth like the last if there is no reason for us to buy BTC.

zakariajaki

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I strongly agree with your opinion, judging from your opinion and your opinion is very experienced in this field, being additional from me personally so that we are more alert to the situation and condition of the world of crypto and bitcoin because the fluctuating price causes us to lazy to learn, while to minimize it is advisable that we add data to what conditions the situation causes bitcoin to rise and fall, from the beginning and the data each year, and also to the outside data such as socio-politics that causes bitcoin prices to change, the future expectation of crypto is more acceptable and the government openly endorses it as a new form of the future, may be useful and successful for all of us

hasmukh_rawal

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Quote from: samcrypto on June 07, 2018, 07:02:35 AM

Bitcoin may not take the same way this year but I think $20k is still possible to reach.
Yes bitcoin is quiet unstable right not when it pump twice it will drop thrice, but if you believe in long term holding for sure bitcoin are still worth it. We have different story now, lets deal with it and be more patient.

Yes you are right. Nothing is impossible and hence the target $20k is possible for Bitcoin to achieve but at the same time, everything has a reason.
So inorder for Bitcoin to hit $20k, it should have some solid reasons behind it so that people buy in the market. Without any reason I don't think people will be buying BTC much. The price might not even cross $12k if there are no good solid reasons why people should buy BTC.

EdenHazard

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An investor who sells bitcoin is not without reason, they have a reason to sell bitcoin. The decline that occurred in early January and then due to the many regulations that prohibit bitcoin, and consequently almost some investors sell bitcoin. This will not happen if it is not regulation from some countries and other reasons that make them have the same decision to sell. They will stay hodl or even increase their investment (buy bitcoin) if some countries accept bitcoin. The end of the year does not mean the day that investors sell the bitcoin he has.

aardvark15

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

My guess is that if Bitcoin gets back to $19,000 this year, it might have a small correction but then it will just keep rising. Anyone that sells will regret it because it could keep rising to $30,000 or some high amount like that.

The reason I think that is because of what happened earlier in 2017. The price started the year probably under $1000 and it kept rising and everyone (including me) thought it would crash when it hit $2000 or $3000 but it just kept rising.

1Referee

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Quote from: First77 on June 07, 2018, 06:54:08 AM

Bitcoin $1 to $10,000 in 9 years has broken all the fundamentals and logics.

Bitcoin will keep breaking traditional fundamentals with how small it still is. You fail to understand that while the price may have increased significantly throughout the last years, the number of available coins has never been this low. A constantly growing circle of wealthy entities will try to buy up as many coins as possible, which only further decreases the number of available coins.

If you also take into consideration that we will have various funds that are backed by actual coin supply, the market will dry up harder than ever before.

We have had various countries last year that functioned as prime example of what coin scarcity means. South Korea at a sudden point traded Bitcoin at a +$5000 premium!

Quote from: First77 on June 07, 2018, 06:54:08 AM

Bitcoin is going back to $2,000.

Short it.

markdario112616

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

I agree, It may not rise or fall the same but We can't also deny the possibilties that it could happen. There are already cases in which the history repeats itself. Also, It has been part of the industry that we use the past trends to come up or to predict the current or the possible outcomes.

Ararbermas

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On this month i think it will never go further and perhaps 7k is enough like what others predictions, and i think the good idea for this circumstances is to keep holding and buy more instead of panicking 'cause surely before mid of june the growth rate will continue to climb again like what happened before which is the valued gradually increase and surge above.

samcrypto

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Bitcoin may not take the same way this year but I think $20k is still possible to reach.
Yes bitcoin is quiet unstable right not when it pump twice it will drop thrice, but if you believe in long term holding for sure bitcoin are still worth it. We have different story now, lets deal with it and be more patient.

First77

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Quote from: okala on June 07, 2018, 01:41:50 AM

If bitcoin can get to $19,000 it is going to be through very serious fundamentals issues and at that price this time around people will still be buying. I didn't think that all us will be selling at the same time but I believe they are going to be people that are still going to be buying and it might be an institutional buying.

Bitcoin $1 to $10,000 in 9 years has broken all the fundamentals and logics. Bitcoin is going back to $2,000.

spyerf

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

considering the increase and decrease occurs on the cause of many sales and purchases in large quantities, this possibility can happen. but maybe people will hold it for a higher increase so that the increase in bitcoin value will continue to increase in a longer time.

ajqjjj

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Obviously, we cannot expect the pump and dump because everything is decide by circulation and demand of the coin so anytime it will going to peak but Bitcoin is higher value coin so it will raise slowly.
This year we expect the quick hype in next month so we should keep calm in current scenario automatically this will going to upward.

vit05

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19k It was only a peak that lasted very little. We'll see if people will actually go back to buying volume if the price goes up to 14k. This is a resistance that can define if this will be the year we will reach 50k

okala

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If bitcoin can get to $19,000 it is going to be through very serious fundamentals issues and at that price this time around people will still be buying. I didn't think that all us will be selling at the same time but I believe they are going to be people that are still going to be buying and it might be an institutional buying.

olubams

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Quote from: pawanjain on June 06, 2018, 09:30:21 AM

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Your analogy is fine but the market is too complex to fit into that singular explanation. The only thing that would make it fall faster than last year is if there is no enough demand for bitcoin but if a major market player decides to buy irrespective of price, the glut would have been mopped up to nullify the theory of price crashing really fast. There is also no certainty that price would reach the all time high that was witnessed last year. Its best to approach every angle with caution.

Topic: Won't people sell it ? - page 4. (Read 445 times)