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Author Topic: panic selling  (Read 111153 times)
RickJamesBTC
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May 21, 2017, 02:55:10 PM
 #1401

Forget 2000. This could all drop. 500-1000 down in a matter of hours. The transactions will freeze because the system is already behind, and more and more people will try to sell to get their money out. At prices like 2000, anyone with a significant investment is sitting on the edge of their seat, because losing hundreds of thousands or millions overnight would be devastating.
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RickJamesBTC
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May 21, 2017, 02:58:00 PM
 #1402

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.
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May 21, 2017, 02:58:48 PM
 #1403

Forget 2000. This could all drop. 500-1000 down in a matter of hours. The transactions will freeze because the system is already behind, and more and more people will try to sell to get their money out. At prices like 2000, anyone with a significant investment is sitting on the edge of their seat, because losing hundreds of thousands or millions overnight would be devastating.

Or it just continues moving up to 5k and beyond!
My point is you do not have any idea what is going to happen as I do not have as well.
What about the shitcoin bubble bursting and fueling bitcoin's rise? Have you ever take that into consideration?
Or are you just trying to improve your market position by placing your shorts and creating uncertainty here?
We all have our agenda right!!!  Wink
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May 21, 2017, 03:00:06 PM
 #1404

lol, I already said I'm out, but it's funny how paranoid you are. I'm not saying it can't reach 5k. I'm saying is it worth the loss of a car, or a house, if it doesn't?
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May 21, 2017, 03:01:03 PM
 #1405

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.
RickJamesBTC
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May 21, 2017, 03:03:58 PM
 #1406

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.

What are you talking about? This is a thread about panic selling. You have some unreasonable hope that this won't ever end. I'm done with btc. Made plenty. Don't start attacking me because you can't handle what would happen if your 5 bitcoins went away.
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May 21, 2017, 03:35:49 PM
 #1407

This thread gets plenty of attention whenever Bitcoin goes for a mild correction

Forget 2000. This could all drop. 500-1000 down in a matter of hours. The transactions will freeze because the system is already behind, and more and more people will try to sell to get their money out. At prices like 2000, anyone with a significant investment is sitting on the edge of their seat, because losing hundreds of thousands or millions overnight would be devastating

Personally, I have nothing against Bitcoin price correcting for 500 dollars

Though I don't think it is possible in a matter of hours. I'd rather say Bitcoin would sooner spiral down in a few circles with minor rebounds and likely halt at 1,200 dollars per coin which seems to be a nice support level. That might take a week or so. Regarding losing hundreds of thousands or millions overnight, the folks who can lose these thousands and millions typically earn on the order of dozen million dollars so losing that much (or that little) is not a big deal to them, anyway. They will just buy the fucking dip when they see it most appropriate

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May 21, 2017, 03:42:21 PM
 #1408

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.

I think mate mate your getting off topic, we are in the discussion about panic  selling, which is usually happen  for the newbies
and sometimes old traders do it too due to not so deep in doing trade. Even the value dropped so well we still remain hold in a position because it will surely increase again because bitcoin will become 10,000$ in the near future, so no reason to get panic.
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May 21, 2017, 03:48:51 PM
 #1409

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.

What are you talking about? This is a thread about panic selling. You have some unreasonable hope that this won't ever end. I'm done with btc. Made plenty. Don't start attacking me because you can't handle what would happen if your 5 bitcoins went away.

I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

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May 21, 2017, 08:18:03 PM
 #1410

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.

What are you talking about? This is a thread about panic selling. You have some unreasonable hope that this won't ever end. I'm done with btc. Made plenty. Don't start attacking me because you can't handle what would happen if your 5 bitcoins went away.

I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level
There is such an old saying that says so not sure do not overtake. Therefore, I very strongly recommend that you learn how to allocate your opportunities for nuclear input. Despite the fact that Bitcoin is confident enough now at certain positions and I do not know whether there will be such a jump in the currency. There will probably be some more negative moments in the market, but it will not be felt. I hope so.

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May 21, 2017, 08:47:41 PM
 #1411

I'm watching it dump right now. Maybe it's temporary, but look at the volume. $100 down in minutes? That's another nice car I could have had.

Man just stop crying!
You've got three choices. Go short, buy the god damn dip or go to sleep again if you can't handle it.

What are you talking about? This is a thread about panic selling. You have some unreasonable hope that this won't ever end. I'm done with btc. Made plenty. Don't start attacking me because you can't handle what would happen if your 5 bitcoins went away.

I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

We should not fear of this incoming price decline because it's a normal thing to happen. People waited for so long for the price break out into higher price after long term holding it, and now is their decisions to sell for good profit. Even though some were doing panic selling price kept on rising high due to the demand is also rising, and by that reason of rise in demand people who haven't invested from the past years were now decided to start using bitcoin and make investments.
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May 21, 2017, 10:08:10 PM
 #1412

Don't fret over any little decline people, just keep on keeping on and hoard as much as you can so that the wrong people won't make us sell to them for them to gain more control to centralize Bitcoin.
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May 22, 2017, 02:42:44 AM
 #1413

Don't fret over any little decline people, just keep on keeping on and hoard as much as you can so that the wrong people won't make us sell to them for them to gain more control to centralize Bitcoin.
Price drop is normal, there is a price correction that is going to happen but it doesn't mean it will continue to drop, if you have a weak hands you will probably gonna sell and be panic. Believe me it will rise up again but that requires a great discipline from you as an investor so you will not be tempted, be educated and update yourself.

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May 22, 2017, 05:26:10 AM
 #1414

Don't fret over any little decline people, just keep on keeping on and hoard as much as you can so that the wrong people won't make us sell to them for them to gain more control to centralize Bitcoin.
Price drop is normal, there is a price correction that is going to happen but it doesn't mean it will continue to drop, if you have a weak hands you will probably gonna sell and be panic. Believe me it will rise up again but that requires a great discipline from you as an investor so you will not be tempted, be educated and update yourself.
We don't need to be worry about the price drops of bitcoin because it is very normal. Bitcoin is only depending on the demand of the people in the market so we can't be that so angry if the price drops because the only thing that we can and the best is, buy the dips and continue holding and sell it if the pumps occur and that is how you will make money.
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May 22, 2017, 05:42:20 AM
 #1415

Quote
I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000.
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May 22, 2017, 06:10:34 AM
 #1416

Quote
I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000.

Exactly so I'm hopeful with time all the panic sellers will start believing again and will not be swayed by just any untrue negative information that passes by.
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May 22, 2017, 06:25:05 AM
 #1417

Quote
I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000.

It's true that there's no point to do selling today if you think and believe that the price of bitcoin will increase soon. But for others profit is profit, and once they understand that bitcoin is a great long term investment they will soon realize it that there's mwe to come if they won't panic.



 

 

 

 

 

 


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May 22, 2017, 07:30:40 AM
 #1418

Quote
I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000.

It's true that there's no point to do selling today if you think and believe that the price of bitcoin will increase soon. But for others profit is profit, and once they understand that bitcoin is a great long term investment they will soon realize it that there's mwe to come if they won't panic.

Well its inevitable, we have break the mental barrier price ($2000). I think that casual traders are waiting for this to happened so that they can make a profit. We can't blame them for that. I'm just hoping there will be no regrets at the end because the price is really going up. I personally, would not panic and sell my bitcoin. I will still hold on as I can because just like I said the price will be so strong at the end of the year.

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May 22, 2017, 07:41:18 AM
 #1419

Quote
I expected that as soon as bitcoin touched the price of $ 2,000, then immediately many people would sell. And this will cause additional panic and a decline in prices. But to my surprise, the price still keeps at a high level

People already started to understand that bitcoin represents a long term investment. There no point to sell it on 2000, then to buy again on 5000, 1000.

It's true that there's no point to do selling today if you think and believe that the price of bitcoin will increase soon. But for others profit is profit, and once they understand that bitcoin is a great long term investment they will soon realize it that there's mwe to come if they won't panic.

Well its inevitable, we have break the mental barrier price ($2000). I think that casual traders are waiting for this to happened so that they can make a profit. We can't blame them for that. I'm just hoping there will be no regrets at the end because the price is really going up. I personally, would not panic and sell my bitcoin. I will still hold on as I can because just like I said the price will be so strong at the end of the year.
You may be wondering why even though it went way above 2000$ it still not falling. Well the answer to that maybe because of a lot of new investors bought Bitcoin at a high price which means around 1900$ and above which investors would not accept a 100$ gain. That is why right now old and new investors are enjoying the price action of Bitcoin.

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May 22, 2017, 08:59:46 AM
 #1420

Yesterday panic selling might have took place in a large scale. Once the price moved closer to $2100 and in a short towards $2000 people who have been planning to sell at the highest price might have sold their holdings. Now looking today's price it could have made them to invest at least a part that's been exchanged to fiat.

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