Panic selling started !

[OmegaStarScream]

I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.

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[bamboylee]

A good dip. Time to buy more bitcoin while there is still time to do so. In a few more weeks it may start to climb back up again.

[SyGambler]

I think it's a good time to grab more bitcoins , but the price is really moving fast like in two mins or so it moved from 870 to 910
still can't understand what's going on at the moment , cause btc was climbing so fast and then something insane happened

didn't imagine that we can see such move 

[s1lverbox]

As usual some pro's trying shake things a little bit.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.

[Wendigo]

I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.

How do you know this drop is caused by panic selling?

[HarryKPeters]

As usual some pro's trying shake things a little bit.
Nothing unusal , apart of the high price.
As Op saying do not panic. Pro traders waiting for this to aquire more cheap coins.
Instead if you have money just BTFD.

I tend to agree. You will only end up with a loss if you sell at this prices and not now when to buy back.
Sure, nobody nows what really is going to happen, but at this moment holdnig for the longer term seems to be the only wise thing to do.

After all a correction was bound to happen.

In november the price was 610, today 1130, just think about that when you are making business trades.

[digaran]

I thought we have more time until price drops hard but seems like I thought wrong and I think we all knew this will happen sooner or later and the new year had a big part for price to increase insanely, what we can do and should do is to remain calm in this situation. $945 now.

[bL4nkcode]

You can't blame those who are panicking in selling their coins, we have our own thoughts, that telling maybe sooner price will dump to 700 or maybe to 500 so others are selling and there are some thoughts that this is just temporary and will stay at 900 to 1000. So we can't do about that. But I'm in holder team, I will not sell, and never do it ever.

[hulla]

You're right op cos if everybody decide to sell their bitcoin will be more worst. I'm going to hold mine at the moment and I see no reasoning in selling my coin since I get them when the price at $767 so I have nothing to loose.

[StratisKing]

The old saying, history repeats itself, today the yesterday repeats again. After we climbed to a new time high, China panic sell, I hope there will be no negative news in the future, Chinese central bank please do not BAN btc

[mixan]

It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!

[Telepo]

I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.

I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
I feel very strange. I think There is something wrong with bitcoin .

[kaltun]

indeed , from $1200 dollars to $ 960 , in a couple hours, its going fast

[kaltun]

It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!

what hack did i miss something ? do you have sources from this hack

[anonbit992]

indeed , from $1200 dollars to $ 960 , in a couple hours, its going fast

Yup, the fall is fast! I am try to figure out the bottom so I can add more just like that bitfinex hack event and how btc fell. I am sure btc will recover after some time. Now is the window of opportunity to add more.

[BigBoom3599]

I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.

I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
I feel very strange. I think There is something wrong with bitcoin .

You should either hold or buy more in these situations IMO, don't panic sell unless you want to follow the buy high sell low strategy   I'd personally hold, we've still gone up a large amount since the beginning of this rally (from +-800$ to 950$), and I think we'll go sideways from here for a while.

[Red-Apple]

I really suggest that everyone holds what he have at the moment instead of panic selling , If you want to really make some really good profit then hold . http://preev.com/ , Its not going too well and we don't want to make things worst at this point.

I do not know if I should buy more or sell it ? it's unbelievable and it's just only 10 minutes that the price has spiked down nearly 200$.
I feel very strange. I think There is something wrong with bitcoin .

You should either hold or buy more in these situations IMO, don't panic sell unless you want to follow the buy high sell low strategy  I'd personally hold, we've still gone up a large amount since the beginning of this rally (from +-800$ to 950$), and I think we'll go sideways from here for a while.

the correct statement is "you should either be a professional trader or hold your bitcoin."
you can open reddit/r/bitcoin and search for guy losing (don't recall amount ) trying to short bitcoin. and so many similar stories we don't hear about but they are real and happen every day to newbies.

[BlockEye]

It is dropping like a rock now.
I see it as $940 on preev right now.
All this from a potential hack at coinbase?
Wow. Just WOW!

what hack did i miss something ? do you have sources from this hack

Lol. Just a hoax. There is no evidence and such announcement regarding that issue from coinbase, besides the price drop is always highly possible because of the huge price pump of bitcoin. Bitcoin whale holders will definitely sell their stock btc because this is the opportunity to have huge profit

[log2exp]

Was hoping the dip come at the month end when my pay check comes. This is too early.

[kaltun]

Was hoping the dip come at the month end when my pay check comes. This is too early.

its a little dip, its climbing again , its now more around $1000,- and i think gonna climb further