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Author Topic: PANIC BUYING !!!!!!!  (Read 29404 times)
mtnsaa
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January 20, 2016, 04:42:34 PM
 #61

Yes the ship has already sailed my friends, I don't think we'll see it below $400 anytime soon because if it drops people will want to get in and support will soon be established. The floor was $350-360 but it wasn't easy to buy last week, we didn't know how much more the drop would last, it was freefalling and it could've reached $300 or even less. Now it's very easy to see that it was just panic selling and not really something bigger.
LuckyYOU
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January 20, 2016, 04:57:00 PM
 #62

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

Ahh, I was just imagining that you were right.
This is quite possible. Who knows if this was indeed the lowest price of 2016
It's still early in the year, I would rather wait and see what will happen, this is very exciting to see though

richardsNY
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January 20, 2016, 05:02:51 PM
 #63

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.
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January 20, 2016, 05:06:09 PM
 #64

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.

You're lucky that your money came in in time! I wish the rise would've been a week later, missed the chance to buy a nice fraction of a coin again at sub 400.

Nice to see that the stupid sell off for no reason is mostly undone by now. Guess the selling whales decided their investments were safe after all.
praprata
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January 20, 2016, 05:11:40 PM
 #65

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.

You're lucky that your money came in in time! I wish the rise would've been a week later, missed the chance to buy a nice fraction of a coin again at sub 400.

Nice to see that the stupid sell off for no reason is mostly undone by now. Guess the selling whales decided their investments were safe after all.

I am glad that now is going the way up, still it was nice to see a low price to buy bitcoin before the halving.
Because when it goes up is just difficult to buy if you don't have that much money.

We will see if this year will be the lowest price is at 350 dollars I hope so.


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jt byte
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January 20, 2016, 06:07:12 PM
 #66

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.

You're lucky that your money came in in time! I wish the rise would've been a week later, missed the chance to buy a nice fraction of a coin again at sub 400.

Nice to see that the stupid sell off for no reason is mostly undone by now. Guess the selling whales decided their investments were safe after all.

I am glad that now is going the way up, still it was nice to see a low price to buy bitcoin before the halving.
Because when it goes up is just difficult to buy if you don't have that much money.

We will see if this year will be the lowest price is at 350 dollars I hope so.

You are right now the price of bitcoin is around the 410 dollars that is just okay.
I am still waiting a 500 dollars again this was not a surprise that bitcoin can increase.
But we haven't seen a 500 dollars that is stable only 350 dollars and 450 dollars.
SuperCoinGuy
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January 20, 2016, 06:30:43 PM
 #67

Are people panic buying or panic selling right now? I am confused.
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January 20, 2016, 07:27:32 PM
 #68

Are people panic buying or panic selling right now? I am confused.

neither, is a return to the previous point after a fake pump for those bad news, i think we weill get a stable price around 450 at most, or range 400-500 for some weeks
Gloober
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January 20, 2016, 07:49:19 PM
 #69

I wouldn't panic buy, ever. It's best to buy whenever you think the price is as low as it gets.
Buying under $1000 is never a bad idea. Especially if you're going to be into bitcoin for a long time.
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January 20, 2016, 07:59:35 PM
 #70

Yeah I don't see it going below $400 anytime soon again either. It would have to require the perfect storm of like 3 or 4 huge disasters happening all at the same time.
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January 20, 2016, 09:22:16 PM
 #71

I wouldn't panic buy, ever. It's best to buy whenever you think the price is as low as it gets.
Buying under $1000 is never a bad idea. Especially if you're going to be into bitcoin for a long time.
But, I would panic buy when it gets extremely low. In that instance, I need to go for the opportunity and buy as much as I can - I'll feel extremely bullish.

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XinXan
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January 20, 2016, 09:23:47 PM
 #72

Are people panic buying or panic selling right now? I am confused.

They were panic buying a few hours ago, the dust has settled now. Seems like we are going to stay stable at 400-420 the next few days unless something important happens that could affect bitcoin. Hopefully this month we can reach 450 again and stay there.
richardsNY
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January 20, 2016, 09:41:03 PM
 #73

Are people panic buying or panic selling right now? I am confused.

They were panic buying a few hours ago, the dust has settled now. Seems like we are going to stay stable at 400-420 the next few days unless something important happens that could affect bitcoin. Hopefully this month we can reach 450 again and stay there.

I think $450 this month is reachable. I just hope we won't see the price fall back to under $400. At this point the block halving will make the price go higher and higher. Our next target will be $500, but it might take a month before we come close to that price.
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January 21, 2016, 07:17:55 AM
 #74

Are people panic buying or panic selling right now? I am confused.
It was both of them, some sold and some bought bitcoins, for those who bought bitcoin, now it's the time to sell which makes a good profit at least $40 per bitcoin.
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January 21, 2016, 08:08:48 AM
 #75

I would be scared to shit if the price of Bitcoin fell to $200. There would be no stopping the drop.

 
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January 21, 2016, 08:13:26 AM
 #76

It s going back up to about 430$. It was a great chance to buy at 370 though.
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January 21, 2016, 12:18:43 PM
 #77

Buying in cheap is always a good thing. I doubt we'll ever see btc at $200 again though.
I believe that time has passed already.
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January 21, 2016, 12:25:52 PM
 #78

I wouldn't panic buy, ever. It's best to buy whenever you think the price is as low as it gets.
Buying under $1000 is never a bad idea. Especially if you're going to be into bitcoin for a long time.

Agreed, that has been my thought for years now, even at 400 its a bargin compard to 20years from now..... we will look back and wonder why we didnt buy more.   Grin
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January 21, 2016, 12:29:27 PM
 #79

I should have bought bitcoin in 360 dollars that was so cheap to buy oh well still I have enought for the halving we will see if the price is going to 1000 dollars.
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January 21, 2016, 12:31:21 PM
 #80

Buying in cheap is always a good thing. I doubt we'll ever see btc at $200 again though.
I believe that time has passed already.

reaching $200 is no part of the question anymore. i doubt many people are still waiting for this price to happen ever again. it's simply unlrealistic. people now think in terms of sub $400 which has already happened. if you have managed to buy at sub $400 levels, then you have done very well. right now the best time is to hold if you are happy with the amount of coins that you have.
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