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Darwin02
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January 12, 2017, 04:40:30 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, |
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Doms
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January 12, 2017, 05:18:02 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, Maybe the whales have already made huge profits that is why they are bringing the price down once again. This is just a theory and for what its worth, I could very well be wrong. The run up that we saw was something that's very unique to bitcoin. Many are now waiting for the price to go down even further so they can buy at lower prices while those who panic sold just cut their losses. |
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Fredomago
Legendary
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Activity: 2982
Merit: 1051
Leading Crypto Sports Betting & Casino Platform
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January 12, 2017, 05:26:10 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, Maybe the whales have already made huge profits that is why they are bringing the price down once again. This is just a theory and for what its worth, I could very well be wrong. The run up that we saw was something that's very unique to bitcoin. Many are now waiting for the price to go down even further so they can buy at lower prices while those who panic sold just cut their losses. that's the problem about this investment mate those who are clueless regarding to what is happening mostly do the panic selling as they wanted to cut loses without searching or studying the flow and those who already gaining with good profits are the one who's selling their coins, we just needed to analyze first before making any big decisions long hold or day trade must be assess correctly to earn with bitcoin investment. |
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susila_bai
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January 12, 2017, 07:03:40 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, Maybe the whales have already made huge profits that is why they are bringing the price down once again. This is just a theory and for what its worth, I could very well be wrong. The run up that we saw was something that's very unique to bitcoin. Many are now waiting for the price to go down even further so they can buy at lower prices while those who panic sold just cut their losses. that's the problem about this investment mate those who are clueless regarding to what is happening mostly do the panic selling as they wanted to cut loses without searching or studying the flow and those who already gaining with good profits are the one who's selling their coins, we just needed to analyze first before making any big decisions long hold or day trade must be assess correctly to earn with bitcoin investment. It is very clear that if you have faith in bitcoin then on every decline it is a good time to buy back and on every rise it is good for selling the bitcoins this is the clear strategy of trading. in this some of them are panic sellers also and long term traders take benefit of this and buy back on this decline of price |
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sunsilk
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January 12, 2017, 07:07:12 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,?
I'm sure no one is brave enough to do this on bitcoin with bitcoin situation now high prices limited volume which will make offenders think twice about doing How are you sure that there is no one that is brae enough when it comes of getting some profit by simply selling all of his bitcoins? And it seems that it is one of the reason why the price of bitcoin now is falling, I'm a bit disappointed on what is happening. But still, it is better if we are not going to do the same, let's just stay on hold. |
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NEWGOODOUBLE
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January 12, 2017, 08:01:36 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, panic selling will occur when the price rises high such as when some time ago, when the price rose to $ 1,050. even I also experienced panic selling, fortunately I've sold all my bitcoin that day, because if I missed it of course I will be very lost, because today bitcoin prices down sharply |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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January 12, 2017, 09:58:43 AM |
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panic selling will occur when the price rises high such as when some time ago, when the price rose to $ 1,050. even I also experienced panic selling, fortunately I've sold all my bitcoin that day, because if I missed it of course I will be very lost, because today bitcoin prices down sharply
Panic selling mostly happens by rookies taking fud information for granted so easily. It requires the price to tank significantly where it will trigger their panic mode and they go full nuts. What you did was just shorting at the right time, has nothing to do with panic selling. If you plan to ever buy back, right now would be a decent price to open up some positions as the price is $300 lower than where you said you sold at. Don't wait too long as you might miss out and start panic buying as result. |
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Doamader
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January 12, 2017, 10:52:26 AM |
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Wow i just went away some hours and bitcoin value dropped again into the 700 dollars, any recent new im missing here?
Or just some whales letting the price to return to the halving values that were around 600-700 dollars, anyway the week balls will always dump their coins and they see someone dumping, they got scared too easy, but well great opportunity to get bitcoin cheaper now.
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Taki
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January 12, 2017, 10:54:17 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,?
The price will continue to dump if more people sell their coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, I don't know the reasons of such fast drop. And many people are on panic now cause of the price. But I think that it's correct to not panic in this moment and hold your bitcoins, cause of this panic selling just will move the price down, and I doubt that we all want it  |
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Xester
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January 12, 2017, 11:00:44 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, Maybe the whales have already made huge profits that is why they are bringing the price down once again. This is just a theory and for what its worth, I could very well be wrong. The run up that we saw was something that's very unique to bitcoin. Many are now waiting for the price to go down even further so they can buy at lower prices while those who panic sold just cut their losses. It is not the whales that have caused the dump recently. THere are just panic selling in China due to the warning of the central bank about the volatility of bitcoin that caused panic to chinese bitcoin holders. It has caused a big impact to the price of bitcoin since there is a large volume of hase bitcoin in china. Hope Chinese will stop panicking and continue to purchase again to stop this panic selling. |
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Seansky
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January 12, 2017, 11:06:58 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,?
The price will continue to dump if more people sell thier coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, Maybe the whales have already made huge profits that is why they are bringing the price down once again. This is just a theory and for what its worth, I could very well be wrong. The run up that we saw was something that's very unique to bitcoin. Many are now waiting for the price to go down even further so they can buy at lower prices while those who panic sold just cut their losses. It is not the whales that have caused the dump recently. THere are just panic selling in China due to the warning of the central bank about the volatility of bitcoin that caused panic to chinese bitcoin holders. It has caused a big impact to the price of bitcoin since there is a large volume of hase bitcoin in china. Hope Chinese will stop panicking and continue to purchase again to stop this panic selling. Well I agree with you. The dumps recently are mainly due to chinese though but many contributes to bitcoin's price fall that happen now not just only Chinese, but those who are new to investing bitcoin, panic selling to cut loss or gain profit. For now ill be happy to buy some bitcoin again but I think it ain't the right time to buy now waiting for my target price to be reached. All bitcoin users can either hold or sell now. |
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deisik
Legendary
 Online
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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January 12, 2017, 11:08:40 AM
Last edit: January 12, 2017, 03:44:31 PM 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,?
The price will continue to dump if more people sell their coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, I don't know the reasons of such fast drop. And many people are on panic now cause of the price. But I think that it's correct to not panic in this moment and hold your bitcoins, cause of this panic selling just will move the price down, and I doubt that we all want it If you have poured your lifetime savings into Bitcoin when the price was over 1,100 dollars per coin, it may be a good idea after all to panic sell all your coins as fast as possible. Yes, the price can massively rebound later and continue rising past the recent highs, but it could as well continue sliding down to lower lows devaluing your whole investment... The bottom line is that don't invest with amounts which could potentially put you in a panic sell environment |
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webtricks
Legendary
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Activity: 1918
Merit: 1728
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January 12, 2017, 11:23:53 AM |
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Yeah it surely has impact on Bitcoin!!
Since Bitcoin is based on concept of Decentralization.
Thus, its price is based on forces of market i.e. demand and supply.
In case of panic selling, the supply exceeds the demand!!
Due to more supply, law of supply operates and price start falling!
It is always better to hold bitcoin and sell only when you actually in need of money!
Holding of Bitcoin can raise your net worth many folds overtime than selling it for some profits!
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Blackdeath
Sr. Member
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Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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January 12, 2017, 01:05:30 PM |
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Yeah it surely has impact on Bitcoin!!
Since Bitcoin is based on concept of Decentralization.
Thus, its price is based on forces of market i.e. demand and supply.
In case of panic selling, the supply exceeds the demand!!
Due to more supply, law of supply operates and price start falling!
It is always better to hold bitcoin and sell only when you actually in need of money!
Holding of Bitcoin can raise your net worth many folds overtime than selling it for some profits!
What you need in holding your bitcoin is braveness. You need to take the risk if its price goes down. Hence, this will result into great profit. The problem in mamy people why they lose their money is that, they are affraid to lose money in investing as market goes down. The principle of the stock market is same as investing in bitcoin. All you need is to be well knowledge enough in order not to lose money. |
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X-ray
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January 12, 2017, 01:13:19 PM |
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Well I agree with you. The dumps recently are mainly due to chinese though but many contributes to bitcoin's price fall that happen now not just only Chinese, but those who are new to investing bitcoin, panic selling to cut loss or gain profit. For now ill be happy to buy some bitcoin again but I think it ain't the right time to buy now waiting for my target price to be reached. All bitcoin users can either hold or sell now.
selling is really bad idea, why wasting the chance to have more profit while we can just wait for some months while we don't need the money for urgent?. but i actually always wonder how much the lowest point will be touched by bitcoin in this year due to halving have already occur and if the lowest point is the same as before halving then those miners seem to be doomed |
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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January 12, 2017, 02:14:46 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,?
The price will continue to dump if more people sell their coin it will be deep depends on how many will counter it Or more people buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now, I don't know the reasons of such fast drop. And many people are on panic now cause of the price. But I think that it's correct to not panic in this moment and hold your bitcoins, cause of this panic selling just will move the price down, and I doubt that we all want it If you have poured your lifetime saving into Bitcoin when the price was over 1,100 dollars per coin, it may be a good idea after all to panic sell all your coins as fast as possible. Yes, the price can massively rebound later and continue rising past the recent highs, but it could as well continue sliding down to lower lows devaluing your whole investment... The bottom line is that don't invest with amounts which could potentially put you in a panic sell environment no matter what you say, people will constantly put their savings, and thus themselves into great danger. it's sad to see that some people are willing to gamble their entire savings into bitcoin. what's even worse is that after they buy at peaks, they expect the price to pump even further. it's pure greed. another trend is that people nowadays more and more trade/buy bitcoin with borrowed money. that's where all these panic dumps come from. |
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sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
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January 12, 2017, 02:43:49 PM |
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I know this is a minority view, but nothing changed in bitcoin world last 48 hours. There was neither a fork in bitcoin nor a hack of big exchange. Miners were working like any other day, bitcoin nodes were validating and relaying blocks and so on. That is, there was not any shocking event in bitcoin world. What happened last day I don't name it as panic selling. I see it as "Black Friday day" or like another member told a discount day. Folks it's a global free market; so if you can afford some fiat money seize the opportunity to buy more coins.
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The_prodigy
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January 12, 2017, 03:16:09 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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them. |
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PokerFace3
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January 12, 2017, 03:57:11 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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them. I'm not afraid and I'm still holding my bitcoins. Panic selling is always happening at some part of price levels regardless of how strong bitcoin price levels are showing. Yes, some traders do always get panic. I'm very much confident that bitcoin prices are moving toward $2000 price levels and hopefully it may test those levels by end of March. |
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CROYA86
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January 12, 2017, 04:02:10 PM |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them. I'm not afraid and I'm still holding my bitcoins. Panic selling is always happening at some part of price levels regardless of how strong bitcoin price levels are showing. Yes, some traders do always get panic. I'm very much confident that bitcoin prices are moving toward $2000 price levels and hopefully it may test those levels by end of March. relax rise and fall of the price of bitcoin for now it is still a matter that is not how, is still relatively low, now we do not panic to sell bitcoin us, should we sell but just sufficient for only the remainder is stored for later 5 years the price bitcoin will craze that's when the right time to sell is slowly but surely |
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