dothebeats
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Cashback 15%
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October 15, 2015, 12:43:28 PM |
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i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around
i would wait for the actual number on the market before doing anything which i might regret later i would be tempted to sell everything under 100, but only if the news(about network security, big hole, miners doing 51% etc...) suggest that bitcoin is really dying And that would be the exact same time when everyone else would be selling a security-compromised coin. And in that scenario, I doubt if you could still sell your coins in such a chaos. |
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TTMNewsMJ
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October 17, 2015, 10:02:01 PM |
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I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.
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edric
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October 18, 2015, 02:54:36 AM |
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In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I've seen people dump a significant portion of their bitcoin holdings because the volatility becomes too much for them. They decide they have made enough profit and want to just sit on a smaller amount of bitcoin. Instead of worrying about the day to day movements, they just want to hold what they are willing to lose in case bitcoin goes to the moon but sell everything else. I've heard people do this when bitcoin gets to certain relative highs. |
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malzahar
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October 18, 2015, 03:11:49 AM |
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i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around
You can buy more coins because of the low price caused by the rumours. Yeah, but that rumor has to be big.. It can be some small one, it has be like mt.gox or some bigger scam that hits everyone. |
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pjsonowal
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October 18, 2015, 11:32:40 AM |
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In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
even i think about this question... the first block of bitcoin... i mean block #170 has two addresses which has 18.56 and 56 BTC in there.......thats a lot of money ...a pure wastage of money...if you dont need that atleast donate it to some social organisations... |
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azguard
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Crypto-News.net: News from Crypto World
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October 28, 2015, 11:08:18 AM |
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I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.
this example happen to me last year and i sold half of my btc in this process and latter a regret it but that that way it goes |
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harizen
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For support ➡️ help.bc.game
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October 28, 2015, 11:49:12 AM |
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I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.
this example happen to me last year and i sold half of my btc in this process and latter a regret it but that that way it goes Regret is part of our life but in your case if you use your sold bitcoin in important matter then it's alright and just managed to keep back in the track. I experienced that a month ago and trying to keep back and somehow in a slow process everything goes fine a bit. |
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jt byte
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October 28, 2015, 11:53:43 AM |
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If people dump their price today i think that they are satisfied with the price.
Even though the price has been increased to much since the last 2 weeks.
Another thing why people dump is because maybe they found a better deal in altcoin or in the real life.
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harizen
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Merit: 1398
For support ➡️ help.bc.game
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October 28, 2015, 11:57:42 AM |
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If people dump their price today i think that they are satisfied with the price.
Even though the price has been increased to much since the last 2 weeks.
Another thing why people dump is because maybe they found a better deal in altcoin or in the real life.
IMO some of the dumpers think that the price will not be stable at the following weeks but not lowered to $295 mark that's why they selling coins. Hope they are wrong lol. I really found it hard to speculate for the price movement today. sigh. |
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DiamondCardz
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October 28, 2015, 12:02:15 PM |
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Because they're scared of the price changes. Investing in a volatile asset or commodity or currency or whatever you like to call Bitcoin just isn't for everyone, some people don't have very high risk tolerance. In some cases that also causes them to make extremely irrational decisions even after they have researched and invested into assets.
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BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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Q7
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October 28, 2015, 12:06:55 PM |
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Sometimes people are there just for quick gains so that they can profit by buying back more bitcoin at lower price. Based on past trending that we saw happened early of the year, I can imagine people would start selling again at 310 level and then wait for the right time to buy back and ended up with more coins.
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Triple
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October 28, 2015, 02:56:13 PM |
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Sometimes people are there just for quick gains so that they can profit by buying back more bitcoin at lower price. Based on past trending that we saw happened early of the year, I can imagine people would start selling again at 310 level and then wait for the right time to buy back and ended up with more coins.
Yes. People look at these coins as they would any other investment. BTC price fluctuations are very similar to that of the stock market, and they're just playing the market. |
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unununium
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Activity: 112
Merit: 10
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October 29, 2015, 01:45:42 AM |
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To buy it cheaper after
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TTMNewsMJ
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October 29, 2015, 04:24:08 AM |
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Most of the people becomes panic when they see the price of bitcoin.
It goes up and down. They being scared about it.
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Possum577
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October 29, 2015, 04:47:52 AM |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
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lumeire
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October 29, 2015, 06:00:40 AM |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. |
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prodigy8
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October 29, 2015, 08:46:35 AM |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. Or simple they who dump the price are impatient. Have earned enough profit and don't want to wait more. I would never dump the price, only if i have no other choice. |
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harizen
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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October 29, 2015, 10:22:24 AM |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. Or simple they who dump the price are impatient. Have earned enough profit and don't want to wait more. I would never dump the price, only if i have no other choice. Another thing, they are trading expert. One trading rule is don't wait too long for price increase, If you make profit even a little when you buy coins much lower then sell it then wait for the next chapter. |
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prodigy8
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October 29, 2015, 10:52:09 AM |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. Or simple they who dump the price are impatient. Have earned enough profit and don't want to wait more. I would never dump the price, only if i have no other choice. Another thing, they are trading expert. One trading rule is don't wait too long for price increase, If you make profit even a little when you buy coins much lower then sell it then wait for the next chapter. Well this hidden rule seems to be working. Because i am still waiting for an order for a month now. And the result is really little profit but the price has been increased to much which makes other alt coins exchange rate to go really down. (About -20%) |
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doublemore
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October 29, 2015, 11:08:41 AM |
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In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
People dump because life is finite and some cant wait forever to for the world to convert to bitcoin. Do people really walk away though? im not sure i should imagine most come back and buy more bitcoin. |
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