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Author Topic: If prices crash after halving, what would you do?  (Read 12198 times)
prtty2gal2
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June 15, 2016, 05:55:56 PM
 #41

Let's not be negative. Currently, this is the best phase of bitcoins where the price has already increased by $200 in less than a month. If it crashes, it is not the fault of the currency but we should invest wisely rather than just buy bitcoins because the price is increasing rapidly.

I would still hold my coins but not buy more till I recover the amount I've invested.
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phreaky
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June 15, 2016, 10:20:27 PM
 #42

Let's not be negative. Currently, this is the best phase of bitcoins where the price has already increased by $200 in less than a month. If it crashes, it is not the fault of the currency but we should invest wisely rather than just buy bitcoins because the price is increasing rapidly.

I would still hold my coins but not buy more till I recover the amount I've invested.

Well there is a chance it will fall. Regardless how high/low the price will be after the halving. I do expect the price to retract at least 5% since people have no reason to hold on the short term.
Which makes them sell coins, and I will probably do the same with a bit of my bitcoins.
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June 16, 2016, 12:04:36 AM
 #43

Let's not be negative. Currently, this is the best phase of bitcoins where the price has already increased by $200 in less than a month. If it crashes, it is not the fault of the currency but we should invest wisely rather than just buy bitcoins because the price is increasing rapidly.

I would still hold my coins but not buy more till I recover the amount I've invested.

Well there is a chance it will fall. Regardless how high/low the price will be after the halving. I do expect the price to retract at least 5% since people have no reason to hold on the short term.
Which makes them sell coins, and I will probably do the same with a bit of my bitcoins.

It can fall indeed but I think it will not fall right away than because ostly the bitcoin will get back up it survived many collapse's..
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June 16, 2016, 12:14:24 AM
 #44

Hopefully, there won't be any panic selling. In that case, the price is definitely gonna decrease. That's the problem with the most people of the earth, when a crypto-currency's value falls a bit, they decide to sell it which causes a great decrease in price. But the chances of panic buying are more, in that case, we're gonna see another price pump of bitcoin! Wink
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June 16, 2016, 02:24:23 AM
 #45

I honestly would panic because, I think I would hold a part and sell a part because if its really crashing after the halving its not gonna get back up in my eyes.
The part I hold is just for the hope and chance it will..
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June 16, 2016, 12:15:08 PM
 #46

Let's not be negative. Currently, this is the best phase of bitcoins where the price has already increased by $200 in less than a month. If it crashes, it is not the fault of the currency but we should invest wisely rather than just buy bitcoins because the price is increasing rapidly.

I would still hold my coins but not buy more till I recover the amount I've invested.

Well there is a chance it will fall. Regardless how high/low the price will be after the halving. I do expect the price to retract at least 5% since people have no reason to hold on the short term.
Which makes them sell coins, and I will probably do the same with a bit of my bitcoins.

It can fall indeed but I think it will not fall right away than because ostly the bitcoin will get back up it survived many collapse's..

I also think the same, first of all the price of bitcoin will not fall and if that occurred then it will be only a short time fall and will start to increase again much faster, as now bitcoin is in use currency of the world.
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June 16, 2016, 12:19:07 PM
 #47

I would wait for the crash to stop and then i would buy slowly. The best time to buy bitcoins is the time when everybody is running away from it like it has AIDS.

This mega pump won't last forever. When the greed is over we will see a dump like we never saw before.

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June 16, 2016, 01:42:56 PM
 #48

Everyone's excited for the halving event happening around July. Everyone's saving hoping that the price will skyrocket after it.

But what if prices crash down instead? what would you do?

the price will not crash after the halving, actually the opposite is going to happen, the price will start rising much bigger after that because halving has actually happened.

right now there is only the expectations but then it would have happened already and everything will move up so much faster.

Holding Bitcoin More Every Day
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June 16, 2016, 02:07:44 PM
 #49

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.
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June 16, 2016, 02:10:42 PM
 #50

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.

Yeah. I don't think so , because the price already hits $700 + . May be it will be a $1000 in a month or 2.

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June 16, 2016, 04:57:03 PM
 #51

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.

It will not happen but if it will I would sell all my bitcoins, if its falling now it will not go up again and I really would not believed in it anymore for sure!
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June 16, 2016, 06:09:34 PM
 #52

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.

It will not happen but if it will I would sell all my bitcoins, if its falling now it will not go up again and I really would not believed in it anymore for sure!
I don't think if it crash it will not back to rise again because in the matter of fact all of users seeing a good future of bitcoin also if that crash happens after they sold their btc ,they will buy again at lowest price and wait to rise again.

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nizamcc
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June 16, 2016, 06:15:24 PM
 #53

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.

It will not happen but if it will I would sell all my bitcoins, if its falling now it will not go up again and I really would not believed in it anymore for sure!

Bitcoin gives a chance to get out with profit to everyone.
Just think about them who bought when the price was 800, it went down but it repeated the same price back today and those people might have got out with some profit, right?
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June 16, 2016, 07:31:12 PM
 #54

The only thing I'm gonna do is not be surprised.

At all.

Once the smoke has cleared it's the same old bitcoin as before. Just maybe so many new people get caught up in the current hype that it'll turn into something with serious legs but I'm not convinced.

Less production, and we need to stop using the 'supply' word as there's always gonna be no shortage of that at the right price, might have an effect but it's gonna take a while to figure it out properly.
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June 16, 2016, 11:07:57 PM
 #55

It is not necessary that the price would crash, but if it would, it is definite that some might get out in loss by selling their coins in panic.
But as everyone knows, it will not happen.

It will not happen but if it will I would sell all my bitcoins, if its falling now it will not go up again and I really would not believed in it anymore for sure!

Bitcoin gives a chance to get out with profit to everyone.
Just think about them who bought when the price was 800, it went down but it repeated the same price back today and those people might have got out with some profit, right?

That is pretty right I think that some still made some profit but not much, its depending how long you of course hold it.
Everyone can make profit with bitcoin if you are holding long enough and wait on the right time to sell.
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June 17, 2016, 12:41:13 AM
 #56

Everyone's excited for the halving event happening around July. Everyone's saving hoping that the price will skyrocket after it.

But what if prices crash down instead? what would you do?

I think that is possible because many users will sell their bitcoin after halving if the price reach $900-1k per piece. If the price will crashed down i will buy more bitcoins to hold again and sell it for a higher price like i did before.
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June 17, 2016, 12:47:58 AM
 #57

Prices crashing? Not very likely imo, but it could certainly happen. Prices as of now are so high that most miners, even old ones, are mining , and that will ensure we get enough hashrate going into the halving. Price will probably stagnate at 700 and hold, because I don't see much more panic buying now; it's just the older miners being turned on one last time before the halving kills them profitwise. Demand will probably rise and supply will fall. At the current price, 750 would let S7s mine for a little while longer, and 800 would let them mine even longer than that. Again, all this depends on difficulty. It could drop with old miners all dropping (not instantly, but over time) or rise with S9's being produced at a high rate and being turned on quickly. Time will tell. If it crashes, I really will not care, since I tend to buy CS:GO skins with bitcoin almost immediately after getting any. I have almost no bitcoin left from my "safe" investing, but I sure hope Bitcoin doesn't die in price; it's a great coin.
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June 17, 2016, 02:32:52 AM
 #58

Right now I would say that I would sell all my bitcoins and never came back to the bitcoin, but its depending on how it crashes and for me its also how much I than have left in bitcoins.
If it really collapse it will not get back up and it will be done for the bitcoin.
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June 17, 2016, 05:05:08 AM
 #59

I doubt it would crash by so much that it would go back down to sub 400 levels. So any existing holders would still profit, unless they bought it at 500. I have been selling some of it, so I am fine with it.
If we supported bitcoin and even after halving we remained with it and did not get rid of bitcoin then it is not possible that the price of bitcoin will crash and will come back to $400, we should have to remain with it to support it and have to invite more people to adopt it so the price will continue to increase till many years.
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June 17, 2016, 05:17:10 AM
 #60

I would wait for the crash to stop and then i would buy slowly. The best time to buy bitcoins is the time when everybody is running away from it like it has AIDS.

This mega pump won't last forever. When the greed is over we will see a dump like we never saw before.

Yeah i will do the same, i will buy more bitcoins if that scenario happen that the price will crash after halving because i think that the bitcoin will recover fast and also, it will have a mega pump after that crash because there are many bitcoin users around the world that will also buy bitcoins like us.
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