deejayce48
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A sports token that knows your favorite team
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December 29, 2017, 01:58:48 PM |
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Then Bitcoin's price will fall like what happen when China announces the banning of ICOs and their exchanges. This will have a huge effect on Bitcoin because Bitcoin's price depends on the demand of the consumer.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Gheka
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December 29, 2017, 02:46:29 PM |
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It is full of panic selling in here because the market is full of FUD right now, and we all are aware of that.
Just be patient guys, the price is recovering right now and it really seems that it will go much more up than what it is right now.
It is normal but if you are in the point that the market goes down and you bought at high price it is much needed your patience and to handle you emotions not to sell at lose because there will be a time that the market will recover. But the most important thing is still the coin we choose, if it is potential, patience and wait will bring good results but if it's just a shitcoin, patience and waiting will only make us lose a lot of money and panic more. The market always has decreased and increased to adjust and balance, and the decrease or increase will never last forever, to a certain point, the market will recover, this is a rule, so we need not worry too much when we fall into bad situations, patience and patience, everything will be fine but we should analyze why prices fall, to find the reason, we will be able to rely on it to place trust or to give up, if not do this, we will be very easy to panic selling |
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RavenHood
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December 29, 2017, 04:06:26 PM |
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In my opinion, it is not the time to panic selling your bitcoin, if you don’t need some extra cash don’t sell it. Bitcoin price just drops down because of the season; many people are selling their bitcoin because they want money or real money to buy the things they want or maybe to buy some stuff for Thanksgiving. Perhaps that is the reason why bitcoin price drops down so don’t over think this is not the end of bitcoin to do some panic selling.
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Reesefrias
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December 29, 2017, 04:26:31 PM |
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The value of btc will drop if this happens like a regular stock market crash
I totally agree on this one, the higher the demand, the stock market will totally crash, panic selling will trigger bitcoin holders all over the world, the judgement of selling asap it will cloud people's mind. The more demand, the the higher the rate is. |
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Duogembrot
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December 29, 2017, 04:31:49 PM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
as a trader you should be able to learn to control your emotions and patience, if we can not control our emotions then we will decide to panic sell, and that makes you lose, if stuck in high price then try to play altcoin that accept bitcoin payment or you just hold your bitcoin until the price goes back up. |
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Zertoshi
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December 29, 2017, 04:41:09 PM |
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People should try panic buying and panic hodling!
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podrick17
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December 29, 2017, 04:44:17 PM |
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everyone will follows normally, selling huge amounts of bitcoins or alts with a lower price just to secure profit normally followed by other people because it is like a chain effect on their minds that the coin itself is dumping but in fact it is just because of one person selling huge amount.
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natka
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December 29, 2017, 04:48:39 PM |
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A clever and calculating person will never go on about panic. He will always think things through and make the right conclusion and act correctly. I think panic is created by very greedy and evil people.
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kingsters
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I was quet but i was not blind
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December 29, 2017, 05:08:02 PM |
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I do not think there will be a big difference because there is a big demand that is not enough to fall  |
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Blue Bell
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Merit: 10
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December 29, 2017, 09:13:35 PM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
the sale of bitcoin in large amount causes the price of bitcoin to fall. but when many traders will buy bitcoin at the lower price sold then the bitcoin price will be normal in the following periods. Mostly people when purchase a Bitcoin they want to earn maximum profit on it. This is the general thinking to earn profit but in the market there is lot of ups and downs according to time. And traders are know this very well, when the price of Bitcoin is getting low they don’t show any reaction but as compare of those people who are lay man they are so worried to see the market situation and ready to sale out their Bitcoin even at low price. This trend is not right just hold you’re Bitcoin, as the price again rise and touches its peak, then you sale and earn good profit. |
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drake05
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December 30, 2017, 05:17:14 AM |
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Yeah i'm really panic for now because of a big dump on NXT which made it loss 40~50% in only 3 days ? WTF is happening with NXT, i think this is the time for me to be chilled and don't panic selling.
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jaysabi
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Merit: 1115
★777Coin.com★ Fun BTC Casino!
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December 30, 2017, 05:22:48 AM |
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I think some of the newcomers are just afraid of losing their money. They thought when in bitcoin they will just make profit and not getting a loss.
This is an extremely accurate statement. Many people invest in crypto because they are introduced and they think that it will not be risky, so when the fluctuations happen they are very bewildered and sold off all to get back their capital. FOMO is driving a lot of this mania. People see (or more likely, they THINK they see) everyone else making tons of money on Bitcoin and crypto, and they pile into it with no regard for how it works or what determines the price, and that's not a sound basis for making an investment decision. That's a classic action in a bubble. People losing a lot of money is the only thing that restore sanity to all this has become. |
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Tambu
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December 30, 2017, 05:35:06 AM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
If there os a panic selling of btc its good in the market. Definitely the price will drop. Buy some few then wait a few weeks the price will rise again then earn some few penny then. |
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Viscore
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December 30, 2017, 05:40:33 AM |
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Yeah i'm really panic for now because of a big dump on NXT which made it loss 40~50% in only 3 days ? WTF is happening with NXT, i think this is the time for me to be chilled and don't panic selling.
With the expectation of the people that NXT will pump, the opposite just happen and it looks like it will be back to its old price. Still, not a time to panic because if it has rise that big for sure in time it will be back up, always believe in crypto as patience is very important. |
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cydrick
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December 30, 2017, 05:53:24 AM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
I buy bitcoin then one day goes down my money gets wrecked |
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Zertoshi
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December 30, 2017, 07:09:40 AM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
There are techniques & algos to slice a huge dump into small ones. Who knows, it's perhaps already happenning... |
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batang_bitcoin
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December 30, 2017, 07:26:18 AM |
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I buy bitcoin then one day goes down my money gets wrecked
Chill down man, this is the bitcoin market when did bought your bitcoin? Don't panic yet it's too early to sell and get your profit or should I say that you still don't have profit since the price of bitcoin starts to decline. Your money isn't wrecked it is just on the state of decreasing because the price of bitcoin is decreasing too. You need to calm down and just wait for more time until bitcoin recovers again. |
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Ma Nancy
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December 30, 2017, 07:48:10 AM |
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The effect of panic selling the decrease of the bitcoins price.
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Farhan786
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December 30, 2017, 08:06:43 AM |
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I think people saving bitcoins right now .but it is the best time for us to buy more bitcoins and wait for its time that its price will goes up again.Its the exact time to buy bitcoins and hold it as Bitcoin prices are expected to rise high and now we can also see bitcoin price is steadily rising.
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thisappointed
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December 30, 2017, 08:43:12 AM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
I buy bitcoin then one day goes down my money gets wrecked It is not the end of the world, bitcoin's price is going down everyday, it is natural to panic since I guess it is your first time on buying bitcoin or first time here in the cryptocurrency world. Bitcoin is a decentralized network so its price is volatile causing it DUMPS and PUMPS from time to time, but trust me, there is no reason to panic because DUMPS is just for temporary and it will rise again in no time. |
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