PANIC BUYING !!!!!!!

[elyas772]

Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.

We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

I hope $500 is a stable price, or $500 will be the lowest price in case of dump after halving occur.

[socks435]

Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.

We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

I hope $500 is a stable price, or $500 will be the lowest price in case of dump after halving occur.

I think $500 value is not enough to be stable what will happen to miners they are not profiting in mining if the price will still at $500 value.. and i think its the best price will be is $600 or $700..

[goldcoinminer]

Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.

We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

I hope $500 is a stable price, or $500 will be the lowest price in case of dump after halving occur.

I think $500 value is not enough to be stable what will happen to miners they are not profiting in mining if the price will still at $500 value.. and i think its the best price will be is $600 or $700..

I agree, with the current price now if it it continue to increase and become stable after the halving, the miners can still world profitably. The halving brought them difficulty to mine but with the best price available it will still result them a net income.  We just have to support the community by spreading the good news of bitcoins to attract more investors and users that would push the price to increase more.

[OROBTC]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

[goldcoinminer]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

[shane]

Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.

We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

I hope $500 is a stable price, or $500 will be the lowest price in case of dump after halving occur.

I think $500 value is not enough to be stable what will happen to miners they are not profiting in mining if the price will still at $500 value.. and i think its the best price will be is $600 or $700..

yeah it seems to be the fact that the current price reaches $600 more, but it is not certain that it will be stable after halving occurs.
I just hope that the price does not drop below $500, so the price can go back up quickly if there is a dump after halving

[Denker]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

Yes it looks like the chinese started to pump the price again.
When you check the chinese exchanges, the average price in dollar is round about $648 while the western exchanges are around $630.
Posssible that CNY have seen or will see another devaluation and therefore another wave of capital flight kicked in.

[mindrust]

What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.

[Jatmin]

What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.

3 years ago, Mt Gox is the largest exchange, so it can manipulate the market. Now it is impossible to do that by a single exchange.

[OROBTC]

...

Typically price spikes lead to some kind of price dump downwards, at least in the short-term.

BTC's YUUGE spike might allow some to consider doing a little BTC selling...  One way to sell BTC is to spend some on other investments.  Like gold.

It would not surprise me a bit if Americans & Europeans are doing some net selling today...

[greatr]

i hope that there will be a huge panic buy because people will try to make a lot of money

im buying some coins at the moment too because i know that the price will grow a lot

[richardsNY]

What do you think? China is making the second Gox thing? If so, the price may go back to 400's at any time. This is way too dangerous for anyone to get in right now. We experienced it back in 2013. I haven't forgotten that one yet.

Demand from China seems to partly come from people using Bitcoin as a tool to get money out of their country. It basically means that at some point they will unload the coins that they bought. It's just a matter of time.

[tygeade]

i hope that there will be a huge panic buy because people will try to make a lot of money

im buying some coins at the moment too because i know that the price will grow a lot

People are buying in bulk only to take advantage from halving and that is the reason we are seeing rapid growth in the price of bitcoin at a moment.

[Oralmat]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

If China makes the price of bitcoin, so what wrong in it?
Actually it is good for bitcoin and also for us, in this time, day to day bitcoin price is going up, and that is good for all of us, because in this way, we are getting the profit. Mostly that people who are holding the bitcoins and wait for that moment, when bitcoins will be reached at the highest and than they sell it, i m also include in this list, i m holding my bitcoins for a long time period, and i think it is a good time to sell it now.   

[groll]

Do not go Panic Buying since we do not know what will happen after halving. Possibly bitcoin may go up or may go down. So if you want to purchase bitcoin in huge volumes due to panic buying think twice if its a good idea. Remember bitcoins price is unstable everything is a gamble.

[goldcoinminer]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

If China makes the price of bitcoin, so what wrong in it?
Actually it is good for bitcoin and also for us, in this time, day to day bitcoin price is going up, and that is good for all of us, because in this way, we are getting the profit. Mostly that people who are holding the bitcoins and wait for that moment, when bitcoins will be reached at the highest and than they sell it, i m also include in this list, i m holding my bitcoins for a long time period, and i think it is a good time to sell it now.   

Nothing is wrong with it, I just heard the news and I agree it is good for the community as the workers and investors like us will be benefited more. Also, the long time holders of bitcoins is already celebrating now as they will witness again the bitcoin going to the moon.

[mirakal]

Panic buying will not happen at the price today because people will not sell also as they think the price will increase more in the coming future.

[Piltover]

Panic buying is good for shareholders because it cause for the price to continue rising but for the buyers or starting to buy bitcoin it is a bad news because the price is continue rising.

Well not much people are interested in buying now so there is no such thing as panic buying now. What i fear is if there is a start of decrease in the price there could be a massive panic selling and it will not be good for bitcoin. I wish this does not happen.

We just need a whale to give the market a good bump and the rest will follow.

I think this will happen in July when we are just a few days away from the block halving.

That's when we can expect a good amount of volatility in the up & down directions.

If 1 or 2 whales initiate a bump on a good scale the price could go up real high, I don't see that happen though. The Momemtum is over and the price will flirt with the 500 mark a few weeks before it will be corrected and retrace to 500 dollar. That's just speculation offcourse.

Buying now will be really bad and that is because you have to know that the value of Bitcoin is now rising and that is really nice for the people who already have Bitcoin.
But of course it will be really hard to know what is going to happen in the future later but you just have to hold it now at the moment.

[goinmerry]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

I think it is not about the large population it is their stocks of bitcoins in their hands. They can control it anytime with that amount and they are taking it up  now. Dont know why.

[Ziskinberg]

...

I wonder if anything is going on in China...   

We may get a good clue by watching what happens when Shanghai stock trading opens at 9:00 PM (or so, US ET).  Maybe something ugly is going on there forcing Chinese to get BTC for capital preservation/capital flight, etc.

marketwatch.com has an easy way to monitor Asian stocks in near real time, see their tabs towards the upper left of their Home Page.

So is it really the chinese people makes the price gone crazy mate? I know they have the largest population in the world so they could really increase the market which resulted to abrupt price increase.

I think it is not about the large population it is their stocks of bitcoins in their hands. They can control it anytime with that amount and they are taking it up  now. Dont know why.

We can find out later after the price began to stabilize, right now we just have to enjoy the profit of short term investment. We are just all speculating here and hoping that everything goes well in the future.