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Author Topic: Only 1600 coin making 10$ dump in price  (Read 1139 times)
Next BillG
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April 05, 2016, 08:20:37 AM
 #21

I guess less. You will get a avalanche of triggered stoploss orders.

that is the problem or maybe benefit of using bots but those stop-loss trigers are not going to last forever, so the decrease can not go on forever the "avalanche" will be small

The price drop caused by stop triggering will last very short period. The fundamental supply and demand will dominate.
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mistanama
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April 12, 2016, 05:40:05 PM
 #22

I guess less. You will get a avalanche of triggered stoploss orders.

that is the problem or maybe benefit of using bots but those stop-loss trigers are not going to last forever, so the decrease can not go on forever the "avalanche" will be small

The price drop caused by stop triggering will last very short period. The fundamental supply and demand will dominate.

That is right. As long as the bitcoin has own value and can be used or accepted by people, the price will rise or stable.

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