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Author Topic: panic selling  (Read 111151 times)
lissandra
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June 16, 2016, 03:16:22 AM
 #61

If you bought in at $400 and it reaches $800, thats a 100% return of profit to get skin in the game for free basically.

If it ever falls back to the average price points assuming if the price right now doesnt stay hold. Which in the past we seen time again lol.

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Wendigo
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June 16, 2016, 06:50:24 AM
 #62

Anyone that owns that amount of Bitcoin is not stupid enough to just panic sell all of their money away. They are smart people, that's why they invested in Bitcoin.

Yes that's right everyone has invested into Bitcoin that's why we are here on the Bitcointalk forum discussing the price rise and all, but are we experienced traders though? I don't think anyone is smart enough to predict where the Bitcoin price is going nowadays unless you have an insight info and are a part of the big ballers club where whales have enough cash to actually affect the market movements. I don't know when the price will stop rising and start falling because I am not a fortune teller and Bitcoin right now is just that - a gamble.
BitcoinSupremo
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June 16, 2016, 06:58:28 AM
 #63

If you bought in at $400 and it reaches $800, thats a 100% return of profit to get skin in the game for free basically.

If it ever falls back to the average price points assuming if the price right now doesnt stay hold. Which in the past we seen time again lol.

From an economic point of view 100% return is possible only with a currency like bitcoin(no banks can even come close to 20% let alone 100%). So based on this a good economist would sell his bitcoins making 100% profit while waiting for the dump to occur, it doesn't matter when it will occur, he will have his money ready to buy the coins when the dump occur this way also maybe tripling the coins he had before selling. This bitcoin game is quite unpredictable and the end result if you play smart can make you a rich person in some non developed third world countries.
DarkThrones
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June 16, 2016, 07:50:52 AM
 #64

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,?
Obviously sell pressure for the short term profit takers makes the price go down but we saw this at the $700 2 days ago and now look how high we went again. A massive dump doesn't matter anymore because the mining supply will be cut down huge.
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June 16, 2016, 08:43:26 AM
 #65

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,?
Obviously sell pressure for the short term profit takers makes the price go down but we saw this at the $700 2 days ago and now look how high we went again. A massive dump doesn't matter anymore because the mining supply will be cut down huge.

At the currrent rate of rise, we might see $800 in the next few weeks. Who is behind the recent buying?

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June 16, 2016, 09:10:35 AM
 #66

Dont panic selling.Just dont sell your bitcoins now. Bitcoin current rate for now is 721$ but i feel that bitcoin will hit 1100$ after halving. so its better to save now, and its never too late to buy. Smiley
partysaurus
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June 16, 2016, 09:14:56 AM
 #67

This is a pretty weird question off Bitcoin market act like all other markets if people dump  off its going to affect the market. Like dumping affect all other markets in the universe
Blitzcranky
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July 05, 2016, 07:39:57 AM
 #68

Just be patient when it come to Bitcoin because if you are not patient then you are just going to panic sell and if that happens there is a chance that you will miss out on some money.
I suggest that you be patient and always keep check of the price at all times.
ASHLIUSZ
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July 05, 2016, 09:02:46 AM
 #69

This is a pretty weird question off Bitcoin market act like all other markets if people dump  off its going to affect the market. Like dumping affect all other markets in the universe
People are crazy to dump more money into bitcoin than gold. Millions of Chinese are quietly dumping there gold and replacing it with Bitcoin.
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July 05, 2016, 10:32:35 AM
 #70

This is a pretty weird question off Bitcoin market act like all other markets if people dump  off its going to affect the market. Like dumping affect all other markets in the universe
People are crazy to dump more money into bitcoin than gold. Millions of Chinese are quietly dumping there gold and replacing it with Bitcoin.

I don't think so. The Chinese are the miners. They have to sell the bitcoin to cover the mining cost. The westerners are the accumulators.

JumperX
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July 05, 2016, 10:38:01 AM
 #71

Just be patient when it come to Bitcoin because if you are not patient then you are just going to panic sell and if that happens there is a chance that you will miss out on some money.
I suggest that you be patient and always keep check of the price at all times.

I think people have started to sell their coins and that is the reason price is not moving up now, and if it continues then we cannot expect higher price at halving.
vero
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July 05, 2016, 12:25:38 PM
 #72

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,?
simple if somebody will make a big dump in the market, i should buy some more as much as i can for hold it till the price rise.

sbtctalk
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July 05, 2016, 12:52:54 PM
 #73

Patience is a virtue. Wait for the good time to buy in more.

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umaOuma
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July 05, 2016, 01:06:20 PM
 #74

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,?
simple if somebody will make a big dump in the market, i should buy some more as much as i can for hold it till the price rise.

Yes that is the right thing to do, and now price has stuck at a single point since long time, so I don't think price will rise sharply in next coming days.
Altcoinmoney
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July 05, 2016, 01:47:13 PM
 #75

Please it is not the time to sell your bitcoins only if you want it by your self i dont hold you back off course. But it is not very good to sell
your bitcoins right now because the price of the bitcoin is to low.
DomesticTrader
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July 05, 2016, 02:45:13 PM
 #76

IS there panic with selling of bitcoins that cant be true because who wants to sell their bitcoins right now because it is not quiet the time to sell your bitcoins
you need to know when you need to sell your coins and i can tell you the time is not yet here.
kik1977
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July 05, 2016, 03:28:59 PM
 #77

It is NEVER the right time to sell your bitcoins. But it's ALWAYS the right time to use them.

We are like butterflies who flutter for a day and think it is forever
mrhelpful
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July 05, 2016, 06:42:02 PM
 #78

I`m sure there would be a dump if price hits towards $1k upwards.

Cause i know by so many of us have been waiting for those prices 2 years ago or longer for most.
randy8777
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July 05, 2016, 07:04:15 PM
 #79

I`m sure there would be a dump if price hits towards $1k upwards.

Cause i know by so many of us have been waiting for those prices 2 years ago or longer for most.

if the price happens to touch the $1000 price level, then i will surely use that opportunity to cash out a good amount of profits. and as you also said, there are people who are waiting so long for the price to get back to such a price level again. it will take a few attempts before the price somewhat settles above the $1000 price level.
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July 05, 2016, 07:14:15 PM
 #80

I do not see any panic selling at the moment. The price rise and drop with a tight trading range as expected.

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