ObscureBean
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August 17, 2016, 06:02:14 AM |
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Whether or not panic selling has a noticeable effect on the price depends partly on the total number of people using Bitcoin. If Bitcoin has only 20 users, 5 people dumping their coins will definitely affect the price (based on how many coins they hold of course). The bigger the number of people using Bitcoin, the more stable the price is. Panic selling shouldn't be a problem if the whole world is using Bitcoin, the market should be able to adapt pretty quickly regardless of the size of the dump.
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Zadicar
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August 17, 2016, 06:42:44 AM |
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Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
I think so too. The bitcon Price is recovering from the $500 lows 2 weeks ago. As Long as Bitcoins remain above $500 we are good. No Point in Panic selling right now. Better to hold your coins and wait for higher Prices again. For sure bitcoins price would recover from the hacking issue even though bitcoin suffer from price drop but its not time to panic sell instead we must see this as an opportunity to buy more coins because we would definitely gain profit in the future when bitcoins price is starting to rise up again for sure. |
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SmartIphone
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August 19, 2016, 09:23:37 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,?
Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon. The bitcoin price is actually dropping slowly after the Bitfinex restarted the trading. People are selling bitcoin to buy other coins. And unfortunately people are moving their funds to Ethereum and other new altcoins which make a hope that their exchange rate will be higher later. The price for a while is staying at ~500€ and I think that people are more trading at altcoins rather than in fiat. |
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deisik
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August 19, 2016, 09:34:56 PM
Last edit: August 20, 2016, 11:24:19 AM by deisik |
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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,?
Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon. The bitcoin price is actually dropping slowly after the Bitfinex restarted the trading. People are selling bitcoin to buy other coins. I would venture an assumption that whoever stole bitcoins at Bitfinex has now started selling them right there. It may well happen that the coins allegedly stolen didn't even leave the wallets they had been in at the moment of the "heist"... As implausible in retrospect as it seemed in advance |
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BitcoinPaw
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August 19, 2016, 11:28:17 PM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
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nejibens
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August 19, 2016, 11:35:00 PM |
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Panic selling can affect bitcoin if the number of sold bitcoins is really huge, in short amount of time. And as the price decreased, i think more people will sell their bitcoins
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Hellacopter
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August 20, 2016, 12:06:37 AM |
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Panic selling couldn't really affect the bitcoin's price, the market price is already stable, and even the price dropp down the last period, i think it will increase again soon
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Doamader
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August 20, 2016, 11:57:25 AM |
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The market didnt recover from bitfinex hacker, bitcoin were at 600 dollars and stable now looks like the hacker is dumping the coins, or people are scared to try to pump bitcoin back and the hacker dump his coins, makes no sense at all we be under 600 dollars, but well time will readjust the real value of bitcoin.
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sbtctalk
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August 20, 2016, 12:05:49 PM |
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Perhaps I should leave some coins in exchanges and queue it at a good price. But I am worried about hacks
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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deadpoolx
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August 20, 2016, 12:33:51 PM |
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Certainly the whales have financial reserves in fiat, so they would not enter into panic selling as most people would do.
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funbarrel
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August 20, 2016, 10:41:09 PM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
i already buy it as much as possible, i hope it will make me some good monwy |
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Yesterdam
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September 04, 2016, 07:23:10 AM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
i already buy it as much as possible, i hope it will make me some good monwy The bitcoin price rose 4% in the last 24 hours. I think if you have bought a lot of bitcoin, you have made good profits. |
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ttargett
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September 04, 2016, 04:31:07 PM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
price is not decreasing any more right now, i think from now on the price should be going only up as a lot of people will be putting their money into it |
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aesma
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September 04, 2016, 06:06:06 PM |
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Keep in mind that for panic selling to work, you need people on the other side of the trade willing to buy the coins.
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co5hike
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September 04, 2016, 06:08:40 PM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
price is not decreasing any more right now, i think from now on the price should be going only up as a lot of people will be putting their money into it I think many people will keep their buying on hold at a moment as price is above $600 so may be they will wait for some price drop so that they can buy at lower price. |
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newcoins1978
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September 08, 2016, 02:10:55 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,?
I also have made a panic sell but I was just to greedy at the moment, the price was going up and I could make a profit so I sold right away. The day after that the price became even higher I missed out on money. |
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stromma44
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September 08, 2016, 02:38:14 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,?
I also have made a panic sell but I was just to greedy at the moment, the price was going up and I could make a profit so I sold right away. The day after that the price became even higher I missed out on money. Even if you sold its good that you made profits and you didn't go through losses, and its always suggested that even if yous see higher price don't sell all your coins at once. |
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aesma
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September 08, 2016, 05:49:50 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,?
I also have made a panic sell but I was just to greedy at the moment, the price was going up and I could make a profit so I sold right away. The day after that the price became even higher I missed out on money. That's not really a panic sell, it's called taking profits. Panic selling is when you sell at whatever the price, in fear. |
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lavapits
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September 08, 2016, 08:24:00 PM |
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I think that people will start buying coins cause price is decreasing, and it's really good opportunity to get some money on difference of price.
of course no panic sell is happening right now, i think that people will surely be buying coins in the future and make the price going up really fast |
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lister storm
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September 09, 2016, 12:05:00 AM |
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Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
I think so too. The bitcon Price is recovering from the $500 lows 2 weeks ago. As Long as Bitcoins remain above $500 we are good. No Point in Panic selling right now. Better to hold your coins and wait for higher Prices again. For sure bitcoins price would recover from the hacking issue even though bitcoin suffer from price drop but its not time to panic sell instead we must see this as an opportunity to buy more coins because we would definitely gain profit in the future when bitcoins price is starting to rise up again for sure. you are right, it always recovers no matter long in my opinion it is impossible for the price to go only down and never up |
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