jaysabi
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August 17, 2017, 11:31:59 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,?
It will somehow affect the demand IF there'll more to do the same. Demand is important to Bitcoin because Bitcoin's value depends on its market's demand. And if the demand is low , the price will dump. But in that case, I'm sure no one will do the same thing. Or it won't be tolerated by others, especially those who invested a huge amount of money. Ha ha... If people were thinking about selling after the rally in June, I wonder what they will do now. Profit booking is one thing, in this rally everybody is massively in the green. People who bought at $3000 have made 30%+ profits. In the world of Bitcoin, this stretch of upward momentum is quite unprecedented when taking into account the amount of overall dollars this price appreciation represents. I rather suspect that downward pressure for any length of time will cause all manner of doomsday prognosticators to start telling us all how smart they were to predict it.
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marcuslong
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August 17, 2017, 11:33:51 PM |
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Panic selling is part and parcel of cryptotrading and investment. Wait until the correction starts, it will be fun reading about how bitcoin is dying and "now" is the time to sell or die. I hope people don't throw themselves from high rise buildings.
LOL! What is this? I think you are the victim of panic selling and are out of words to express your feelings. If you are one of those, then I will suggest you not to take anything on heart. Learn from your mistakes and try to be patient with your worthy coins. Good luck! It is true those people who actually sell their coins are not actually a fool where we dont really know the reason behind their sellings. And then if they do need money im preferred to sell my coins to than losing my profit once the fall is coming patient is always there ofcoursw from tradings and other things
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iMark
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August 17, 2017, 11:49:49 PM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol
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RedditMaster
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August 18, 2017, 12:29:20 AM |
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Panic selling will start soon when this bubble crashes going to be a bloodbath. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Saichoukyushin
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August 18, 2017, 12:42:55 AM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol Patience and good knowledge to overcome this situation or even ignore this becauae you already know whats going to happen if the price dump or you can take that chance to buy more bitcoins in cheap price something like that. What others don't know and in this simple dumps that creates a panic to them because they dont have enough believe in their mind in bitcoins.
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bentong talong
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August 18, 2017, 12:50:51 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,?
It will surely affect Bitcoin's price , especially if many people will do the same thing. And if that happen,continuous dumps will take place. But I doubt if it will last for a long, I think, there are more holders than sellers, which means there are only few people who will sell their Bitcoin in that sutuation. That will make the effect temporary.
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chichigirl
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August 18, 2017, 12:59:25 AM |
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I also believe that there will be no panic selling of bitcoin since bitcoin's price right now is doing well. I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
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Youghoor
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August 18, 2017, 01:02:02 AM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol That is probably the most fair answer, bitcoin is always going up, so it doesnt matter if the price goes back to $2k or $3k again, it will go up again as it always did, you people might look at the charts if you do not believe this.
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snowdropfore
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August 18, 2017, 04:41:42 AM |
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selling bitcoin is not a good chioce i think ,bitcoin will be more and more valuable
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radjie
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August 18, 2017, 01:26:08 PM |
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I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing
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deisik
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August 18, 2017, 03:08:13 PM Last edit: August 18, 2017, 06:35:52 PM by deisik |
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^ Most idiotic comment ever Why would anyone hold stuff which will fall? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? I diasagree. He means the falling is a temporary thing, so why to sell at low price and thus making it to drop even more? Remember 2014 when people who bought at $1,200 were panic selling at $800. They should have hold their coins and now they would be in profit. Or they could have sold them at $800 and bought back in at $200, which is what bitcoin ended up dropping to. People who were selling at $800 in 2014 were ultimately right for a long time, and had plenty of time to buy in at far lower prices. The point is nobody knows the falling price is a temporary thing. Bitcoin is not guaranteed to go back up, not now and not ever That's why trading purely financial assets is a sort of gambling I have explained it many times, namely, that whatever strategy you may follow, you are set to lose in the long run unless you can milk the market somehow (i.e. you are an insider, arbitrageur or exchange itself). Moreover, I also often repeat that Bitcoin as such is poor investment for long term (though it is still a nice vehicle for short term speculations) since it is too risky on a long enough timeframe This viewpoint violates a very widely accepted concept that markets get more valuable over time. All the great wealth generated via equity holdings has come from long time horizons. Even in Bitcoin, the greatest gains have come from sitting on coins you own, not actively trading them where you open yourself to daily volatilit risk. Holding since 2012 would have made you far richer than trying to trade your coins on a daily basis (in all likelihood). I can say that I agree with this concept in general But it is only applicable to markets which are not (entirely) speculative. For example, if we are talking about equity (stock) markets, we deal with companies which produce real goods and offer services, i.e. create real wealth since there is real economy which is backing up these markets. What does Bitcoin produce apart from speculative value? Basically, it is a zero-sum game whichever you look at it, so it can get more valuable over time only via people pouring more money into it from outside. This is entirely different from equity markets where value is generated or created from inside the market itself, i.e. by companies whose stocks get traded. Such a market reflects this process of creating new value, but what reflects a zero-sum market?
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twicezeroiszero
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August 18, 2017, 03:20:23 PM |
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I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing
You can understand panic selling is the time most trader want take profit or withdraw their money for avoid Bitcoin before the price of it breakdown. Then, the situation a huge order selling Bitcoin random happening by the mentality of trader in this time.
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Bingooop
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August 18, 2017, 03:58:36 PM |
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If there is not a bad event to make everybody panic than no, that 1-guy-panic-sell won't affect anybody's thoughts.
On the contrary, that single man dump will be filled up with the buy orders and price will be the same as before.
Only if there is a rumor/fact like a mass hacking/banning news or smth like that can make everyone to dump their coins.
It's the most dangerous situation one can face as the real Value of the bitcoins that one has save has gone in vain so it's the worst situation
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joshy23
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August 18, 2017, 06:09:22 PM |
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If there is not a bad event to make everybody panic than no, that 1-guy-panic-sell won't affect anybody's thoughts.
On the contrary, that single man dump will be filled up with the buy orders and price will be the same as before.
Only if there is a rumor/fact like a mass hacking/banning news or smth like that can make everyone to dump their coins.
It's the most dangerous situation one can face as the real Value of the bitcoins that one has save has gone in vain so it's the worst situation Who wouldn't? Imagined you have been holding your bitcoin for the last 3 months then suddenly the market crash seeing your hard earn bitcoin plummeting. But then again, looking at the historical logs of bitcoin crashes, you will noticed that it has the ability to recover from such crashes and it gets up even stronger. So you need to have a lot of faith that you can recover your losses and even profit if you continue to hold on it for the next 3 months again. I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing
You can understand panic selling is the time most trader want take profit or withdraw their money for avoid Bitcoin before the price of it breakdown. Then, the situation a huge order selling Bitcoin random happening by the mentality of trader in this time. I think those putting up a huge order in the wall is not a ordinary trader but big whalers. Which alarm casual traders so they follow suit causing a domino effect, panic selling. Without knowing what the real reason behind. And mostly its because the whalers wants to manipulate the price again and again.
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romero121
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August 18, 2017, 06:13:27 PM |
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I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing
Selling at the current price doesn't look to be panic selling. Here the panic among the users will increase when the price seems to increase regularly in large scale. This too affects the users who are holding limited number of bitcoin and sells fearing of missing the peak price. This will be used as an opportunity and large volume holders benefit through them.
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Bagaji
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August 18, 2017, 09:11:16 PM |
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Panic selling will not just happen all of a sudden but when there is information that negative things will happen in the nearest future is only such a thing that can course panic selling. Just lile what happened in August 2017. Also worthy of note, a single individuals panic sell has no serous effects on the market and if it eventually happen sooner or later the market will bounce back.
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Adam
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August 18, 2017, 09:34:11 PM |
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selling cant be suddenly in one moment. dont panic about what because now in bitcoin invest many "big man"
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krisnt80
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August 21, 2017, 06:41:02 PM |
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Always there is a pump/dump group, some people cant see price declining they get scared and sell several coins, making them to loose money. I do understand its hard to see btc soo high and ignore it to try to get extra coins, dumpers are an essencial part of any crypto coin.
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kodtycoon
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August 21, 2017, 06:45:09 PM |
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Always there is a pump/dump group, some people cant see price declining they get scared and sell several coins, making them to loose money. I do understand its hard to see btc soo high and ignore it to try to get extra coins, dumpers are an essencial part of any crypto coin.
The panic in the trading is a natural thing for those who keep their coins in an amount that is not too much, they will feel worried if the dumping occurred.
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pisston
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August 21, 2017, 07:12:00 PM |
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Always there is a pump/dump group, some people cant see price declining they get scared and sell several coins, making them to loose money. I do understand its hard to see btc soo high and ignore it to try to get extra coins, dumpers are an essencial part of any crypto coin.
The panic in the trading is a natural thing for those who keep their coins in an amount that is not too much, they will feel worried if the dumping occurred. I do not know what to think about what many users themselves understand by nickname and at the same time completely eliminating all those forecasts that have been given so far, relatively stable growth in the price of Bitcoin. Of course, now the price practically fluctuates plus or minus 300, 400 dollars. But nevertheless the price nevertheless remains large, in comparison with the previous year. I believe that to date Bitcoin is still the leader among the crypto currency.
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