panic selling

[BrewMaster]

I wonder what will be the final price before the flash crash starts again. What do you think? Is it 700?

688?

flash crash?!! in your dreams

i have been hearing people like you for over 2 years saying the same thing about bitcoin and flash crashes the only thing that changes is the price.

it started from 200 ish and the crash was 100 and then when price was 400 the crash was to 200 and so on. and these crashes never happen!

[Liad.Services]

Of course we are going to be in a problem.
This also calls as "dump".
It usually happens when something happens to a big bitcoin related service, such as the fall of mt.gox.
Everybody entered into a panic mode and sold all most of their bitcoins, so we ended up losing hundreds of percents of value.
But because bitcoin is more stable now, this is less likely to happen.
 

[tabas]

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 panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.

Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that.

Well me either when I made panic selling it made me profitable and I did that before the bitfinex incident. And I don't feel sorry about that and I think I am just holding 0.5 bitcoins by that time and the timing is that I need fiat money on that day so when I did panic selling, I did get profit on that time and as of now I am just waiting for the price increase again.

[greBit]

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 panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.

Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that.

Well me either when I made panic selling it made me profitable and I did that before the bitfinex incident. And I don't feel sorry about that and I think I am just holding 0.5 bitcoins by that time and the timing is that I need fiat money on that day so when I did panic selling, I did get profit on that time and as of now I am just waiting for the price increase again.

I think you made an right decision to sell them as price was too good at that time and after the bitfinex hack price crashed so if you would have sold at that point then you would have made lower profits.

[BingoDog]

All same stories all the time. Big crash is coming or big price boost is coming. Almost like stories about the end of the world. But nothing of this will not happen so suddenly and dramaticaly.

[gandame]

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,?

That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

[eddyubachs]

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,?

That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.

[anthonydar]

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,?

That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.

The bitcoin price will only rise when more people use it. But the transaction confirmation is too long at the moment. It will deter adoption.

[Yesterdam]

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,?

That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.

The bitcoin price will only rise when more people use it. But the transaction confirmation is too long at the moment. It will deter adoption.

It is true. But I heard that the SegWit will come out quite soon. That could increase the block size from 1MB to 1.7 MB.

[Bitcoinbro]

Panic selling is just something inexperienced human traders do. I am by far not a professional but I do now when to sell or not to panic sell. Most of the time that the price takes a major hit, i transfer more bitcoin so I can buy more coins. Be it bitcoin or an altcoin.

[jossiel]

Panic selling is just something inexperienced human traders do. I am by far not a professional but I do now when to sell or not to panic sell. Most of the time that the price takes a major hit, i transfer more bitcoin so I can buy more coins. Be it bitcoin or an altcoin.

Yeah they are afraid when they see the price of bitcoin when it is falling. Me either, I am not a professional trader but I won't do panic selling.

And instead I am just calm when I see the price is falling down but I never did panic selling, I just sell when the price is good and stable enough.

But not all my bitcoins only few.

[mace15]

This was already happen in me, panic selling on the
coins that I bought. That time, I thought the price
may dump if I wont sell the coins. But, my instinct
was wrong. This was so called decision-making in
trading should keep in mind.

[arseaboy]

If the price of bitcoins will go down better not panic and sell coins for a non profitable price. I've just experienced it and what I did I calmed down and put my patient to it because I know the bitcoin price may go up again and that what happens. Just put your trust to it 

[Paritor]

If the price of bitcoins will go down better not panic and sell coins for a non profitable price. I've just experienced it and what I did I calmed down and put my patient to it because I know the bitcoin price may go up again and that what happens. Just put your trust to it 

The bitcoin price dropped about 8% in the last few days. It is a good opportunity to buy some at low price.

[BingoDog]

Panic never works, it can only make damage. Any experienced Bitcoin user should now by now that pums and dumps are normal and that it isn't good to react suddenly and emotionaly on every price movement.

[n691309]

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

[clickerz]

Panic never works, it can only make damage. Any experienced Bitcoin user should now by now that pums and dumps are normal and that it isn't good to react suddenly and emotionaly on every price movement.

Indeed, just be calm and study the parameters. Be keen to research on what is happening, read the forum and some news clips it might give you a clue.Panic selling can be countered by correct information

[StarofBTC]

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

Usually any non-market related events are overcome very quickly it is very similar to individual bump or dump, that will not sustain for long term basis. Panic selling usually happens in all market type when some group of traders are booking profit, others do get panic and will over-react. Experienced trader will not react to this kind of emotional market turn around events.

[Rmaqks]

I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

[OliynyK]

bitcoin is above $700 at the moment and there will be people who would book little profit now and then and the price drop may be because of that and not because of panic selling