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Author Topic: PANIC BUYING !!!!!!!  (Read 29338 times)
deisik
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August 01, 2016, 08:53:02 PM
Last edit: August 01, 2016, 09:08:08 PM by deisik
 #581

Give me cheap Bitcoin.......  Grin Grin Grin Grin Grin

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

Nowadays the price is declining and we are not seeing any good event or any news that would pump bitcoin to the price that was few weeks ago, instead of a panic buying Im seeing a panic selling because the price is dropping.

People have a different point of view on how will they called the price decrease.

For me, price drop for today is just a normal one. No such thing as price decline based on my own thoughts. And no about the last part of your post. If there's a panic selling, current price today should be below $600.

If the price goes below $600 tomorrow, will a panic selling start off? Right now the price is at $612, and today is not over yet (at least, in Europe)
Some people see the $600 level as some sort of a crucial barrier. If $600 gets broken I am quite sure that we'll see a massive wave of sell orders cutting through the buy support causing the price to reach $550-$580.

Lol, I actually expected the same when the price was around $200, and I was going to spend at least half of a few thousand dollars which I had at Bitfinex back then if prices were to reach the range of $170-$150. And what d'you think? It went down to $198 and then vigorously rebounded to never touch that level again...

Though I still hope Bitcoin has a long way to go down yet

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August 01, 2016, 09:01:57 PM
 #582

Give me cheap Bitcoin.......  Grin Grin Grin Grin Grin

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

Nowadays the price is declining and we are not seeing any good event or any news that would pump bitcoin to the price that was few weeks ago, instead of a panic buying Im seeing a panic selling because the price is dropping.

People have a different point of view on how will they called the price decrease.

For me, price drop for today is just a normal one. No such thing as price decline based on my own thoughts. And no about the last part of your post. If there's a panic selling, current price today should be below $600.

If the price goes below $600 tomorrow, will a panic selling start off? Right now the price is at $612, and today is not over yet (at least, in Europe)
I think it will be happen like now all bitcoin holder has made a deposit to the exchanger and maybe a partially of them have already started to sell in stages.
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August 01, 2016, 09:25:29 PM
 #583

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

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August 01, 2016, 09:29:20 PM
 #584

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

It may fall much lower than that. You never know where the true bottom will be, while catching falling knives is never a good idea

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August 01, 2016, 09:30:38 PM
 #585

Now I see what's panic selling.
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August 01, 2016, 11:32:21 PM
 #586

Well im see bitcoin price get back again, i knew that the halving pressure is huge and would take some months till bitcoin find its real value and build support from there, its a good time to buy maybe, but this recent drop isnt the end maybe, it can drop a bit more.
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August 02, 2016, 12:02:00 AM
 #587

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

Best time to buy is always when the price is going down significantly as is happening now. However, not all people dare to buy when the price is going down. They rather wait for the price to go up again in order to start buying.
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August 02, 2016, 01:20:50 AM
 #588

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

Best time to buy is always when the price is going down significantly as is happening now. However, not all people dare to buy when the price is going down. They rather wait for the price to go up again in order to start buying.

Usually clever people on trading usually buy when the price is starting to rise up again. Some are waiting for the  lowest possible price drop and if actions to rise up then they would buy coins  because they going with the trend and doing short  term trades which is also profitable on trading.

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August 02, 2016, 01:34:16 AM
 #589

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley
I think the panic buying will raise the price of bitcoin. I pikirhal right when the prices down is to see in advance when the volume
began to swell. you can try to buy because I'm sure the price will go up. and you can benefit from the price increase
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August 02, 2016, 07:21:59 AM
 #590

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley
I think the panic buying will raise the price of bitcoin. I pikirhal right when the prices down is to see in advance when the volume
began to swell. you can try to buy because I'm sure the price will go up. and you can benefit from the price increase
Now is actually to buy if you want to make money in short term investment, the fall back of price will not last and it will go back to 600+ in the next few days, believe me I have seen this before and I am more focus on the future so I would not do panic selling and with just do the opposite.

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August 02, 2016, 08:57:50 AM
 #591

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

Best time to buy is always when the price is going down significantly as is happening now. However, not all people dare to buy when the price is going down. They rather wait for the price to go up again in order to start buying.
yeah of course the best time to buy is when prices are down bitcoin. because of the possibility of large profits will be more and usually
after the price drops. bitcoin prices will rise. but you have to wait when the price falls. because maybe the price could fall again
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August 02, 2016, 10:25:29 AM
 #592

Now I see what's panic selling.
Must be tonight was panic buying. The price for bitcoin jumped down more than 600$ per 1 BTC, in fact price changed for 100 dollars in one evening. I wonder of how holders of big bitcoin amounts reacted on such fast changes. I don't have a lot of bitcoins, so I even do not care of this new course now, I know the price will back on the same level soon. Even now the price is rising.
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August 02, 2016, 11:12:33 AM
 #593

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.
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August 02, 2016, 12:04:13 PM
 #594

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.
I hope it will not happen to make the price become worst because the value of bitcoins that I will be receiving from doing online task will be lessen. I know it is the opportunity for those investors but really very bad for the workers online. Regardless of what will happen we have no choice but to accept the price.

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August 02, 2016, 03:41:11 PM
 #595

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.
It is not panic selling. Buying equals selling now, those people who believe the price will be back again and hits peak may buy coins now and those who believe it drops start to sell.
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August 02, 2016, 03:51:38 PM
 #596

Isn't it smart to buy when the price dips like this? Then when the recover happens you are sitting like gold with a profit that you pulled in when you are ready to sell.Smiley

Best time to buy is always when the price is going down significantly as is happening now. However, not all people dare to buy when the price is going down. They rather wait for the price to go up again in order to start buying.
yeah of course the best time to buy is when prices are down bitcoin. because of the possibility of large profits will be more and usually
after the price drops. bitcoin prices will rise. but you have to wait when the price falls. because maybe the price could fall again


And to make sure you get to buy at the best price possible, you should buy in several phases as that will allow you to buy at the bottom price. That's why you should avoid buying everything at once. You always need to make sure you have money left to buy with.
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August 02, 2016, 03:56:45 PM
 #597

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.
I hope it will not happen to make the price become worst because the value of bitcoins that I will be receiving from doing online task will be lessen. I know it is the opportunity for those investors but really very bad for the workers online. Regardless of what will happen we have no choice but to accept the price.
yes it would be bad for miners and also the people who took full time for bitcoin. I hope it can survive in the price of $500.
I think this could be due to the effect of some altcoins such as ETC, I hope the price of bitcoin back soon increased and stable.

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August 02, 2016, 04:02:28 PM
 #598

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.
It is not panic selling. Buying equals selling now, those people who believe the price will be back again and hits peak may buy coins now and those who believe it drops start to sell.
The buying is equal to the selling, but it still looks like it could go down more if the market continues to remain volatile and not appear to have any bottom. There needs to be a sturdy buywall set up, and that buywall is going to have to hold against everyone selling now that the month is over. A bull run sometime soon would be preferred, and probably good for the market.
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August 02, 2016, 04:05:09 PM
 #599

It is PANIC SELLING now, the price of bitcoin keep going down and i think many people sell all their bitcoin and makes bitcoins' price become worst.

Current trend is going down and we lost a lot in price, but in can recover so quickly at the moment so much selling pressure, people just selling without any reason and some good news can get back to previous level around $650 again.
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August 02, 2016, 04:06:22 PM
 #600

Yes we might see some low marks in next few months but I don’t think it will fall below $500 so if you are waiting for any imaginary figure then it’s better to analyze situation and use this golden opportunity. I believe that, there will be price fluctuation till the half or end of the next year so if someone want to get in, he should start investing with a proper plan. One should buy small amount of bitcoins during specific intervals of time as per his capacity to take advantage of this price fluctuation.
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