PANIC BUYING !!!!!!!

[boopy265420]

All who bought at over 700 $ they were panic buyers in my opinion as well.I am not saying price will not increase again but it is craziness to stock up at this high.There was never and will never be movement in one direction.It is phase of accumulation plus correction so many panic buyers will be panic sellers too in this phase if this is prolonged few days.

[buddu]

I always avoid to sell or buy in extreme situations.In last couple of days whatever was in this many people bought in panic thinking price will hit straight 1k $ mark.These panic buyers were source of getting nice profit for some experienced and calm sellers who bought earlier.Now again they can re-buy and still will be in profit.

[deisik]

All who bought at over 700 $ they were panic buyers in my opinion as well.I am not saying price will not increase again but it is craziness to stock up at this high.There was never and will never be movement in one direction.It is phase of accumulation plus correction so many panic buyers will be panic sellers too in this phase if this is prolonged few days.

Bulls make money, bears make money, and only pigs get slaughtered

[stromma44]

I always avoid to sell or buy in extreme situations.In last couple of days whatever was in this many people bought in panic thinking price will hit straight 1k $ mark.These panic buyers were source of getting nice profit for some experienced and calm sellers who bought earlier.Now again they can re-buy and still will be in profit.

Yeah, majority of people bought when price went higher, but now price has dropped so they need to wait to earn some profits from it and its never easy to hit $1k mark.

[Rizky Aditya]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

[deisik]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

Human psychology and fear instincts don't distinguish between Bitcoin, gold or anything else, for that matter. Fear obscures reason, that's why you start making some really stupid things

[dinda22]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

panic did make the result has always been bad. but it is hard not to panic. perhaps only an expert trader who can control themselves not to panic, because they had a good experience. most people panic they did not always monitor the price and do not follow the development.

[randy8777]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

because some people always wait till the last moment with buying or selling. if they see the price is going up or tanking heavily, they don't know what to do anymore. so they make a split second decision to buy or sell. and it mostly turns out the be a wrong move.

[tygeade]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

because some people always wait till the last moment with buying or selling. if they see the price is going up or tanking heavily, they don't know what to do anymore. so they make a split second decision to buy or sell. and it mostly turns out the be a wrong move.

You need to study market really well before taking any decision, people are still buying hoping that it will hit $1k soon, but there is no guarantee that it will happen.

[Rizky Aditya]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

because some people always wait till the last moment with buying or selling. if they see the price is going up or tanking heavily, they don't know what to do anymore. so they make a split second decision to buy or sell. and it mostly turns out the be a wrong move.

Yeah. That is why you buy sometime in advance so that you don't start panicking after. You just need to plan and you can skip all the stress.

[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.

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.

Hope that everything goes well for us. Most of us are for the price increase, just a few who are against it. Just like what happened in USA and almost all of the world affected with the housing bubble.

[Sled]

why do you want to sell now? its going to go up soon

Yeah now the bitcoin is ranging about $600-700 per piece so we need just few more days to gain more profits .

[Jmild1]

...

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.

I beleive on that, once you hold a big amount of bitcoin on your hand you can manipulate the price of it. Holding it will make the price go higher because the coins is not regulating on its environment. Its just there being stuck up

[vero]

Why would you be panicking to buy Bitcoin. You should just wait for the right time and not be so stressed when you buy the coins. It makes you do stupid things.

Human psychology and fear instincts don't distinguish between Bitcoin, gold or anything else, for that matter. Fear obscures reason, that's why you start making some really stupid things

not all traders have a strong mentality while doing their trade will always be under pressure when prices rise or when prices fall. so i think they are not to do something stupid things.

[Hashminers]

...

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.

Hope that everything goes well for us. Most of us are for the price increase, just a few who are against it. Just like what happened in USA and almost all of the world affected with the housing bubble.

Buying Bitcoin will be now not the best thing that you can do and that is becasue the value of Bitcoin is going to be higher and it started already to rise so that is really nice for people who already have Bitcoin.
If you want to have Bitcoin you must have a signature campaign or something but just dont make an investment because that will be sin.

[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.

Hope that everything goes well for us. Most of us are for the price increase, just a few who are against it. Just like what happened in USA and almost all of the world affected with the housing bubble.

Buying Bitcoin will be now not the best thing that you can do and that is becasue the value of Bitcoin is going to be higher and it started already to rise so that is really nice for people who already have Bitcoin.
If you want to have Bitcoin you must have a signature campaign or something but just dont make an investment because that will be sin.

Exactly, because there is a big chance that it will drop in the future, but if you are risky enough and you have the ability of the real gambler you can make a good profit doing some kind of short investment.

[bob123]

Sometime it will fall again.. thats when im going to buy 

[marcuslong]

Give me cheap Bitcoin....... 

never mind panic selling at what price will we be panic buying....lol  below $200 would be nice to see again.

Panic selling for me this is the best part in bitcoin, this is the time of earning of the pro traders many newbie sell their bitcoin becasuse they think that this bitcoin will not rise again. If theres no panic selling or panic buying many traders didnt earn more here. It is profitable than tthe other way of earning

[mirakal]

Give me cheap Bitcoin....... 

never mind panic selling at what price will we be panic buying....lol  below $200 would be nice to see again.

Panic selling for me this is the best part in bitcoin, this is the time of earning of the pro traders many newbie sell their bitcoin becasuse they think that this bitcoin will not rise again. If theres no panic selling or panic buying many traders didnt earn more here. It is profitable than tthe other way of earning

Panic selling is only for newbie who does not understand the real value of bitcoins. In the future, bitcoins will be a good investment as it will be dominant in the future, the price does not matter but the adoption of the masses is the best news to hear. If by chance, large merchandise will adopt then it is the best time for bitcoins.

[GamingBro]

I think people is not trying to buy bitcoins nowdays, cause price is hot and everybody want to sell their coins till price is high, but i think that if buy some bitcoins now, you will get your profit in two weeks.