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BTCBinary
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June 08, 2016, 12:42:56 PM |
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It will only take someone to dump all the coins that are kept in Satoshi's wallets. For all we know he has more than a million coins. So, if he dumps at least half the price of bitcoin will be down to the slums followed by a lot of panic sellers who will push the price down even further.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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randy8777
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Activity: 896
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June 08, 2016, 12:49:45 PM |
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It will only take someone to dump all the coins that are kept in Satoshi's wallets. For all we know he has more than a million coins. So, if he dumps at least half the price of bitcoin will be down to the slums followed by a lot of panic sellers who will push the price down even further.
people just suppose satoshi has close to a million coins. this has never been proved. beside that, if a dump of even 100,000 coins happen at one exchange, the price will fall below $50 instantly. maybe even lower as stop loss orders will add another wave of coins getting sold after each other. with that many coins you can cause a lot damage to the market. |
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HeroCat
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June 08, 2016, 01:55:23 PM |
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Bitcoin market is too large and worldwide, I do not think this can happen. BTC is not altcoin, with their buy/sell public.  |
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bittrojan
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June 09, 2016, 06:02:21 AM |
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Bitcoin market is too large and worldwide, I do not think this can happen. BTC is not altcoin, with their buy/sell public. Unfortunately just you who said like this,other people not relize that bitcoin is world wide and always have chance to getting bigger and higher,they panic when bitcoin price rise significantly,the sell anything and then relize that next days or weeks,the price going better. |
ICO investor. Miner. Bagholder Extraordinaire!
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Mvaporis1961
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June 11, 2016, 12:42:21 AM |
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I think panic selling is not a good choice because it will affect the price of bitcoin now, instead of continue rising it will go down and the price of bitcoin will be low, but others user will take advantage of it because as i said a while ago panic selling will cause to the price to be low so traders will buy a lot of bitcoins and they will sell it for a higher price.
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Cybertron00
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June 11, 2016, 12:56:34 AM |
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Well if someone do that, bitcoin's price will fall drastically if they are a large quantity holder. But if they are not a large quantity holder, it will only fall a little. Even if that happens, we will benefit because we can buy bitcoin at a good price. Then sell it when it goes up. |
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HilbillyFred
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June 11, 2016, 04:33:44 PM |
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Just dont be in panic and the best thing that you have to do is just hold a longer time and dont be greedy otherwise you are going to sell it to soon and that must not happen to you because that should be sin if you can get more profit if you waited a longer time.
Patience in Bitcoin is really important otherwise you will be not to be able to earn profit.
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outatime1
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CryptoTalk.Org - Get Paid for every Post!
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June 11, 2016, 08:48:13 PM |
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If there is more selling than demand for buying, then the price would drop. The buyers will get a better price to buy and then more buyers will come to the market.
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deisik
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June 11, 2016, 09:09:09 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,?
How much are you going to sell, really? |
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ajun96
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June 11, 2016, 10:12:32 PM |
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It will only take someone to dump all the coins that are kept in Satoshi's wallets. For all we know he has more than a million coins. So, if he dumps at least half the price of bitcoin will be down to the slums followed by a lot of panic sellers who will push the price down even further.
yeah because they know the price will definitely go up. so when panic selling occurs. of course the price will decline and this will be a good opportunity for the dumper to benefit. because they can buy many bitcoin at a low price and sell it again at a later time at a high price |
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sbtctalk
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June 12, 2016, 04:12:59 PM |
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At this price and rising, panic buying is more likely. Unless there is a flash crash of $50 before it will trigger more sell
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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pocarime32
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June 12, 2016, 04:23:12 PM |
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I think panic selling is no need for now. Because the price of bitcoin is on a good shape and i'm sure it will keep increasing until the halving come. Better keep it and don't panic selling.
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blackmachinegun
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June 15, 2016, 05:43:08 AM |
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If there is more selling than demand for buying, then the price would drop. The buyers will get a better price to buy and then more buyers will come to the market.
yeah if panic selling occurs naturally bitcoin amount sold will be higher than demand in the market bitcoin. so automatically bitcoin prices will go down. in fact it is a good opportunity to buy. so do not miss that opportunity. rest assured the price will surely rise again |
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BombayChicken
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June 15, 2016, 07:58:44 AM |
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It will only take someone to dump all the coins that are kept in Satoshi's wallets. For all we know he has more than a million coins. So, if he dumps at least half the price of bitcoin will be down to the slums followed by a lot of panic sellers who will push the price down even further.
people just suppose satoshi has close to a million coins. this has never been proved. beside that, if a dump of even 100,000 coins happen at one exchange, the price will fall below $50 instantly. maybe even lower as stop loss orders will add another wave of coins getting sold after each other. with that many coins you can cause a lot damage to the market. It is bad if you are in panic now and you have just choose and look for the right moment to sell it and that is really important otherwise you are making some mistakes. But maybe the sell moment will be indeed soon because the value of Bitcoin is becoming higher and that is perfect. |
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pooya87
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June 15, 2016, 10:18:22 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,?
this happens all the time. newbie traders see a topic here or some place else or feel the price is going down because they see a mini dump and they panic and start selling, and these sales created a chain reaction that pushed the price down. but you are forgetting the other half of the market. when there is supply there is also demand. you can't just consider one without the other. and this demand is what doesn't let the price go down. do you even know how many people are waiting, dreaming, praying to their gods to see a price that is $20 lower so they can buy because they missed the rise? |
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deisik
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June 15, 2016, 10:21:18 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,?
this happens all the time. newbie traders see a topic here or some place else or feel the price is going down because they see a mini dump and they panic and start selling, and these sales created a chain reaction that pushed the price down. but you are forgetting the other half of the market. when there is supply there is also demand. you can't just consider one without the other. and this demand is what doesn't let the price go down. do you even know how many people are waiting, dreaming, praying to their gods to see a price that is $20 lower so they can buy because they missed the rise? I guess it is more about $200 lower, or just $200 per coin |
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Betwrong
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June 15, 2016, 10:35:19 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,?
Yes it affects the price of Bitcoin when many people are selling their coins: the price is going down, but when it is low enough for many people to think they shoud start buying we can see the reverse effect. |
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Rizky Aditya
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June 15, 2016, 10:40:28 AM |
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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.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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June 15, 2016, 10:46:20 AM |
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It will only take someone to dump all the coins that are kept in Satoshi's wallets. For all we know he has more than a million coins. So, if he dumps at least half the price of bitcoin will be down to the slums followed by a lot of panic sellers who will push the price down even further.
people just suppose satoshi has close to a million coins. this has never been proved. beside that, if a dump of even 100,000 coins happen at one exchange, the price will fall below $50 instantly. maybe even lower as stop loss orders will add another wave of coins getting sold after each other. with that many coins you can cause a lot damage to the market. It is bad if you are in panic now and you have just choose and look for the right moment to sell it and that is really important otherwise you are making some mistakes. But maybe the sell moment will be indeed soon because the value of Bitcoin is becoming higher and that is perfect. right now is already a fantastic price to sell at for people that bought their coins around $400-$450 not long ago. it's just important that you secure your profits before the price goes down again. but the main point is that we don't know when the price will start to come down. i always say 'better safe than sorry'. that's why i secured some profits at these prices. |
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Sled
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June 16, 2016, 02:51:25 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,?
Yes it will result for a huge decrease for the price now but i think bitcoin will recover fast because many users will take advantage of it to buy bitcoins again on a low or cheap price. |
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