panic selling

[DeDordtenaar]

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

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price

I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

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[Doamader]

Any threat to try to control bitcoin will result into a loss of value of bitcoin, any country can control bitcoin but must remain hidden, because if someone does find those bitcoin will die almost instant. But looks like just some whales take boost into the news to make bitcoin go down to buy more bitcoins and now be able to earn almost 10% with the dump.

[South Park]

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

[brian_23452]

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

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price

I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

Today the price of bitcoin went down in compare to yesterday so I think many people sold their coins to grab the profits and that is the reason price fell, and as price has gone down we can expect that people will again start buying it which will again contribute in taking price higher in coming days.

[Paritor]

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

[serjent05]

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now.  I think the new floor is $700.  With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then.  You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

[mastica]

Very few people have the power to do something like that, but even if they did you will need to scare the people trying to buy in at those lower prices, if bitcoin hit something like 300 dollars I know that many people will do everything in their power to buy as much bitcoin for that price and that will make price to climb up.

If the bitcoin price hit $600 again, there will be panic buying. That will be the last price before $1000.

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now.  I think the new floor is $700.  With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then.  You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

Even with bitcoin improving, i do believe that still be possible to bitcoin to return to the 600 dollars, might not be this year but it can return, the ammount i doubt will hit again is the 500 dollars those is something i dont believe bitcoin will touch again.

[hawkins]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

[antonioa]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

[mirakal]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

People who are not smart can do panic selling anytime when they see the price is falling but smart investor will have to know the reason behind first before selling, whales love the action of the people selling so they can buy cheap bitcoins and I think they are the ones making negative news to take advantage of the weak people's decision.

[tee-rex]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

Yes, it is often the case. Some people panic at the slightest fluctuation of prices. It's certainly their right, but they create the prerequisites for reduced price

People who are not smart can do panic selling anytime when they see the price is falling but smart investor will have to know the reason behind first before selling, whales love the action of the people selling so they can buy cheap bitcoins and I think they are the ones making negative news to take advantage of the weak people's decision.

This has more to do with how much money they poured into trading. These people are not smart not just because they are panic selling whenever the price goes down but mainly because they invested too much money for their income level and loss tolerance. If they kept balance between the amount of money they are going to invest and the amount of money they are ready to lose without a lot of pain in the ass, they would hardly panic at every price movement.

[BitHodler]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

[Caladonian]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

Well thats why experience should teach us how to hold on and by he time that the price slowly showing some downfall we will not do anything but just to wait and believe that this project will possible to bounce back and no need to woorried just continue supporting it.

[Pursuer]

panic selling usually occurs when prices are high bitcoin, suddenly dropped drastically, or when there are rumors saying that bitcoin prices will drop in the near future. if people hear it, usually there will be panic selling, and the resulting price of bitcoin down fast, but I think it is a natural thing

You are partly right on that. You know what's even a bigger driver for fear that results in people panic selling?

It's the fact that people are investing money into Bitcoin that they can't afford to invest, as it is money for food, to pay bills, and the list goes on.

These people are gambling with money they so badly need in their personal lives, and thus are bringing themselves and possibly their family in great danger.

Every bit of fud and even the slightest possibility of the price going down will be a reason to sell their coins in panic. All to prevent potential bigger losses.

Well thats why experience should teach us how to hold on and by he time that the price slowly showing some downfall we will not do anything but just to wait and believe that this project will possible to bounce back and no need to woorried just continue supporting it.

actually experience dictates that you should first look for a reason why there is a drop and never blindly support or deny something.
for example with bitcoin when there is a drop of $20 everybody starts screaming crash and panic and it is up to the reader to decide is it really a crash or just a normal drop and an opportunity to buy. and when you reach that point where you could answer these questions then you start earning real money.

[xuan87]

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 impact bitcoin price, because bitcoin is decentralized then the price is based on pump and dump, recently there was a huge raise in bitcoin but not until 4 hours the price already go down to the state, so when someone dump big portion of bitcoin it will impact the market, but some people play bitcoin to earn profit so it's not their fault when they see the opportunity to earn profit

[clickerz]

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now.  I think the new floor is $700.  With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then.  You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

That was what I am pointing out before,bitcoin will continue to rise and possibly reach $1000 by next year.Though last day,bitcoin price has some setbacks but now it fully recover. I think its a dump by some bitcoin players.

[Kotone]

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,?

Chinese are really good when it comes in dumping and puming altcoins and earning profits are good when you are waiting for the right time to buy and sell and for me im going to the same thing when others and if somebody dumping the coins im going to wait till it will pump again.

[madwica]

Panic selling is not good to the users who are having huge amount of investment but this is good for bitcoin because after selling the hord bitcoin the demand will increase when the users choose to reinveat their money and the price of bitcoin will increase.

[Radenz]

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 bitcoin price will be lower and lower.
Everybody lose their mind.
However, if that really happen, there will be a new investor come to buy a lot of bitcoin.
After that, the bitcoin price extremely rise up and back stable.
The investor become rich.
Just my thought.

[J Gambler]

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 this happen that somebody will going to huge dump to get dump the coins im not going to sell my coins and i will wait for someone who going to pump it again and i will make a good profit when that's happen bitcoin is not only for selling all the time you need to have patience also when you are in trading.