panic selling

[Arcteryx]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

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[diegz]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

It's almost holiday now, I haven't seen any price drop yet, it is supposed to be like that(there's a drop) since we can't buy most of Christmas things with bitcoin, but it wasn't happening yet, so I guess, most people who are holding huge amount of bitcoin are really considering their bitcoin as asset and freezing it. Maybe they are rich and bitcoin isn't a part of their daily living money.

We still don't know, who knows, just like last New year, after the price rally, there was this great drama that happens and drag some people to sell their coins and drop the price. I hope it won't happen this year.

[Cranky4u]

[boyptc]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

Then if you will see that the price of bitcoin is dropping rapidly then that's a sign that many are doing panic selling altogether. But it seems that the price of bitcoin is being stable and all of us who are holding bitcoins are being calm. For sure that is going to last long until Feb, I hope so that this scenario is going to be continuous.

[Bananana]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

It's almost holiday now, I haven't seen any price drop yet, it is supposed to be like that(there's a drop) since we can't buy most of Christmas things with bitcoin, but it wasn't happening yet, so I guess, most people who are holding huge amount of bitcoin are really considering their bitcoin as asset and freezing it. Maybe they are rich and bitcoin isn't a part of their daily living money.

We still don't know, who knows, just like last New year, after the price rally, there was this great drama that happens and drag some people to sell their coins and drop the price. I hope it won't happen this year.

Don't forget about the election, many people holding BTC and GOLD due to that reason. We still don't know what will happen until January 2017.

[danherbias07]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

It's almost holiday now, I haven't seen any price drop yet, it is supposed to be like that(there's a drop) since we can't buy most of Christmas things with bitcoin, but it wasn't happening yet, so I guess, most people who are holding huge amount of bitcoin are really considering their bitcoin as asset and freezing it. Maybe they are rich and bitcoin isn't a part of their daily living money.

We still don't know, who knows, just like last New year, after the price rally, there was this great drama that happens and drag some people to sell their coins and drop the price. I hope it won't happen this year.

I think I have said something about this in another thread. About the sudden increase of price due to holidays. For many people will use it more buying gifts which are online that is convenient now and making it more convenient with bitcoin payment method. I work at an industry to where we encode different kinds of orders from a magazine. When December comes we are full at work and working overtime to fulfill it.

[Yesterdam]

I haven't noticed any panic selling. Most are holding on to what they have. If not selling then mostly buying up as much as they can and that could explain the price continuing to rise and rise everyday.

It's almost holiday now, I haven't seen any price drop yet, it is supposed to be like that(there's a drop) since we can't buy most of Christmas things with bitcoin, but it wasn't happening yet, so I guess, most people who are holding huge amount of bitcoin are really considering their bitcoin as asset and freezing it. Maybe they are rich and bitcoin isn't a part of their daily living money.

We still don't know, who knows, just like last New year, after the price rally, there was this great drama that happens and drag some people to sell their coins and drop the price. I hope it won't happen this year.

Don't forget about the election, many people holding BTC and GOLD due to that reason. We still don't know what will happen until January 2017.

When the US economy goes belly up, the price will rise further.

[Vaskiy]

Today a lot users might have made a panic selling when price fall suddenly after a pump that happened in a short term. Possibly this time the increased adoption along with sudden increase in circulation will help in further increase in price.

[BlackPanda]

Today a lot users might have made a panic selling when price fall suddenly after a pump that happened in a short term. Possibly this time the increased adoption along with sudden increase in circulation will help in further increase in price.

Yes, it is true . many of my friends to sell bitcoin. whereas I believe that prices will rise again high.
they do not want to take risks. they believe that the current profit is the best price.

[Tanic]

The value of btc will drop if this happens like a regular stock market crash

Truly the price will fall down when people will do like that. Just I don't know the reasons to a person decide to sell his everything to buy bitcoins.

[Tanic]

The value of btc will drop if this happens like a regular stock market crash

Truly the price will fall down when people will do like that. Just I don't know the reasons to a person decide to sell his everything to buy bitcoins.

[Supercrypt]

Today a lot users might have made a panic selling when price fall suddenly after a pump that happened in a short term. Possibly this time the increased adoption along with sudden increase in circulation will help in further increase in price.

Yes, it is true . many of my friends to sell bitcoin. whereas I believe that prices will rise again high.
they do not want to take risks. they believe that the current profit is the best price.

I strongly believe they must be wrong in very near future. Why people are not ready to agree that bitcoin will reach price levels like millions. Because, when mainstream adoption occurs, the adoption rate of bitcoin will grow in exponential so the price too. Panic selling always occur, so at current price levels too.

[Shady]

This often happens to US Dollar in reserve held by people living in establishing countries. It doesn't do any harm as it usually raises interest in the economy once it transfers into circulation.

Moving money around will likely continue and would come with long term gains once built with. Big faucets do large amounts each and every single day and have learned to hold because of accurate speculation between fiat money used to pair with standard rate.

[mrcash02]

This often happens to US Dollar in reserve held by people living in establishing countries. It doesn't do any harm as it usually raises interest in the economy once it transfers into circulation.

Moving money around will likely continue and would come with long term gains once built with. Big faucets do large amounts each and every single day and have learned to hold because of accurate speculation between fiat money used to pair with standard rate.

Sometimes when this happen, it's good to sell when panic to have the profit and buy again when the price falls, however we don't have how to know exactly what will happen, maybe the price doesn't fall and continue rising, so, if we want to buy that currency again, we will need to buy for the expensive price, making our recently profit go away.

That is what is happening now. Maybe can be a good strategy to sell BTCs for $900 and buy them again when they fall to $800 or $700, but who guarantees the price will fall again?

[krisnt80]

This often happens to US Dollar in reserve held by people living in establishing countries. It doesn't do any harm as it usually raises interest in the economy once it transfers into circulation.

Moving money around will likely continue and would come with long term gains once built with. Big faucets do large amounts each and every single day and have learned to hold because of accurate speculation between fiat money used to pair with standard rate.

Sometimes when this happen, it's good to sell when panic to have the profit and buy again when the price falls, however we don't have how to know exactly what will happen, maybe the price doesn't fall and continue rising, so, if we want to buy that currency again, we will need to buy for the expensive price, making our recently profit go away.

That is what is happening now. Maybe can be a good strategy to sell BTCs for $900 and buy them again when they fall to $800 or $700, but who guarantees the price will fall again?

Be sure there isnt any valid reason to bitcoin being traded at 900 dollars, with that said its a sure bitcoin will be dumped on the next days, the only interest with bitoin at this value are for the big miners, since they can maximize their earnings.

[angaper]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

[Positid]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

Lessons learn, do not sell when the price is rising. Only do when the price is stable or dropping.

[pinoycash]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

It BReaks the $1,000 barrier now and still going up. i was told to sell at $750 and sell my stash i should have earn an extra $250 if i waited 30 more days

[Japinat]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

It BReaks the $1,000 barrier now and still going up. i was told to sell at $750 and sell my stash i should have earn an extra $250 if i waited 30 more days

That's fine at least you sell it for a profit, no one sees the future and it is just our prediction that is playing here. What if the other way happen, then you would have regretted for now selling your bitcoins. It has come to my realization that holding your investment longer can give you great potential to make more profit than selling in a short term.

[X-ray]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

It BReaks the $1,000 barrier now and still going up. i was told to sell at $750 and sell my stash i should have earn an extra $250 if i waited 30 more days

You don't need to regret what you've done but learn from it. there's no point of regretting something which was happened and you can't get back into that time. now if someone told you to sell on exact point of current rate then just believe what you will do because if you made a mistake because of that decision which was spoken by someone else the only one who get the effect is you not them