Zadicar
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DGbet.fun - Crypto Sportsbook
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February 11, 2017, 05:51:48 PM |
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Thats very reassuring, thanks for posting the chart. Sometimes we are inclined to be short sighted and forgetful of the past that a little sell down make us panic. A lot of people have made the mistake of releasing their coins only for happy buyers taking their place. Its their loss and this actually favors the price of BTC because they fuel the pump when they feel regret and buy back in at spot prices.
You are right man. If you see price of bitcoin for last 3 months the same thing is happening again and again. Bitcoin price increases and then at once a small dump comes and then again after dumping it rises higher than before, and then again a little dump. I am sure experienced traders are making lots of profits of this defined situation. obviously every time price comes down it is not because of dump or FUD but many of the occasions are. for example when price goes up rather faster than it normally does because of a rally or something like that, there will be a correction and that is not a strange thing and you certainly can not call it dump. it is happening only because traders are taking some profit from the rally because they bought in the beginning of it. I wonder how would a price go down without people dumping or selling their coin, unless major buy support is removed and that is very unlikely. FUD is one of the strategy of people who wanted Bitcoin to go down in price so they can buy it at a cheaper price. Whether we like it or not, FUD is the food of the professional traders. They nom it for profit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well we do really know that there are hungry sharks out there waiting for the right time to buy bitcoin on its possible lowest price thats why those FUDS wont really be gone and its part on the trading ecosystem of bitcoin. Price would really do decrease specially if there are large groups would tend to sell of their bitcoin on a certain high price point.
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jackg
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https://bit.ly/387FXHi lightning theory
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February 11, 2017, 05:59:12 PM |
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Each time there is a FUD around here and generally whenever it is time for dips it is the best opportunity that anyone can hope for. you are either a long term hodler who can buy in these dips and enjoy the continuous upward movement (the green arrow) or you can be a short term trader who sells on top and buys back in the dips with even more money at hand having accumulated more bitcoin in the end. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9UZnkyJ.jpg&t=665&c=GS6-P_M5yxy_3A) have been doing this since early 2015 This kinda ruined my day then... The time I was considering buying Bitcoins was at the double spend attack when bitcoin's value plummitted in august 2015 to around $200 (if not below). I decided against it thinking it would fall further, it fell to $180 and then recovered back to $240 and has been increasing exponentially ever since (if only I'd bought just 1 coin at the start, I'd have made a good 400% profit (although then there's the problem as to when do you sell it)?
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ImHash
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February 11, 2017, 06:00:30 PM |
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You haven't failed the community bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) green arrow got to me, this only applies to bitcoin though and not altcoins because in altcoins you need to be worried all the time, I know people sometimes fear they might lose their money but seriously bitcoin has shown that we can trust it. It's the first artificial and digital with a decentralized network that guarantees price increase over time, even the most powerful companies could lose their share's value for instance Nokia did you see what happened to them?
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JosNekoKopa
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February 15, 2017, 09:56:06 AM |
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These days it is very hard to distinguish which informations are relevant and which are not, and people start panicking and creating chaos. Informations are interpreted on wrong way in medias, wich ary hungry only for a bloody stories. Knowing this it is best to turn-of PC when fud starts. This opportunity is not for everyone.
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lionheart78
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February 15, 2017, 10:43:46 AM |
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These days it is very hard to distinguish which informations are relevant and which are not, and people start panicking and creating chaos. Informations are interpreted on wrong way in medias, wich ary hungry only for a bloody stories. Knowing this it is best to turn-of PC when fud starts. This opportunity is not for everyone.
Oh well what do you expect from news and medias. They always sensationalize their piece to the point of exaggerating it just to get people attention. Sometime headings does not say the content of their news, just to get those looker to get hooked and read their story. But not all browsers read stuff, most just read the headline and jump into conclusion (it happen frequently here, read the title and post without reading the body of the title lol) As of FUD stuff, do not turn off your PC, this is the great opportunity to Buy Bitcoin because it is going to go down in price. Monitor the BTC price movement and take the pie of the BTC of those weaker hands when they decided to sell their BTC due to panic.
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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Red-Apple
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February 15, 2017, 11:03:54 AM |
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These days it is very hard to distinguish which informations are relevant and which are not, and people start panicking and creating chaos. Informations are interpreted on wrong way in medias, wich ary hungry only for a bloody stories. Knowing this it is best to turn-of PC when fud starts. This opportunity is not for everyone.
in my experience being relevant and being effective on the price are two different things when it comes to speculating about bitcoin price. sometimes even the most irrelevant news which you can swear they have no effect on anything can cause a price change. and some real news about some stuff that should change the price, don't. in the end it is a combination of news itself, how it is treated by the media and the time that if the time is right anything can become a big news.
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--signature space for rent; sent PM--
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JosNekoKopa
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February 15, 2017, 11:21:35 AM |
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Problem is in those who controlled vast amounts of BTCs thay manipulation it on every exchange, and they forming price. Demand and Supply have nothing with this at the moment. They can control price and relevance of news.. Manipulations are best way for those who are rich to become even more rich.
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valta4065
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February 15, 2017, 01:45:38 PM |
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Those ''depressing'' sub $200-$400 opportunity's where indeed very nice ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's depressing as hell >< When I think there was a time I could have bought coins at 200... And I barely bought one coin!!! I regret that so much xD Should have sold my damn house at that time!
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Monnt
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February 15, 2017, 03:14:20 PM |
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Problem is in those who controlled vast amounts of BTCs thay manipulation it on every exchange, and they forming price. Demand and Supply have nothing with this at the moment. They can control price and relevance of news.. Manipulations are best way for those who are rich to become even more rich.
This does not need to be true. Because when I am having more number of bitcoins, definitely I will work for price appreciations and there will be no room for FUD. People who were missing earlier opportunities only must be spreading negative things. But some news were solely due to government polices no single person would have been responsible for that. But like OP said, if we get practice to buy back on every dip and making use of these fluctuations then there will be no need to worry.
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BillyBobZorton
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February 15, 2017, 06:57:05 PM |
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It's going to be fun when the idiots waiting for the big crash stay on the fiat side hoping for the cheap coins that never arrive. We will be at $2000 and they will still be FUDDING waiting for a big crash to get in. Those idiots will never leanr to buy the damn dips.
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aso118
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February 16, 2017, 01:02:01 AM |
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The uptrend seems to be pretty evident over the medium term. If you are sitting on a pile of cash, it is better to convert it to bitcoins as quickly as possible. Those dips might present opportunities later on, but today is as good a time as any to buy.
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The_Dark_Knight
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February 16, 2017, 01:29:18 AM |
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Correct, price dips should not be seen as a setback rather they must be seen as a short time opportunity to buy more bitcoin with a discount, if you are a long term holder then this will help you to get more bitcoin for less, if you are a short term holder then you will be able to profit faster with your bitcoin holdings.
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RoommateAgreement
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February 16, 2017, 03:50:24 AM |
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The uptrend seems to be pretty evident over the medium term. If you are sitting on a pile of cash, it is better to convert it to bitcoins as quickly as possible. Those dips might present opportunities later on, but today is as good a time as any to buy.
it is over the "long" term not medeum since it is for the past couple of "years" and yeah the dips are always a fantastic time to buy bitcoin and each day that passes the opportunity goes away. for example right now price is $1025 and we don't even know if it is going to come back down ever or not.
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Buying the dip...
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JosNekoKopa
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February 16, 2017, 10:34:45 AM |
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I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!
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jackg
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https://bit.ly/387FXHi lightning theory
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February 16, 2017, 04:44:50 PM |
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I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!
It's quite unlikely that it'll fall too low unless there's a problem reported here or github (or other sites) that state there is a hack and the hack has been proven to do something that damages how Bitcoin functions. Those are quite unlikely currenty, though they could still happen. If that isn't the case, then it's likely it's just a dump and someone will buy back the coins and get the price back up again (unless everyone panicks like you do and sells all of their coins immediately - because then there is quite a problem to the ecosystem).
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Pursuer (OP)
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Where is my ring of blades...
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February 17, 2017, 06:52:23 AM |
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I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!
it is a valid concern and I am not pretending that I don't have it. but it is all about chances of different things to happen. and also it is the experience of knowing what can affect bitcoin price in what way and by how much, and then is it really serious or temporary dump to get cheaper coins. for example when you hear bitfinex exchange is hacked, that news is obviously a dump chance to buy cheaper coins because it has nothing to do with bitcoin and its adoption and the price rise. so obviously it is temporary. when you hear Mark Hearn spread some FUD because he is leaving bitcoin and going to work other places to make money, you know it is good chance to buy low price coins (I think it was $400) or the newest one about the China and the regulations! it is obvious that the news is telling something when reality is something else, specially when you look at Chinese volume in other places such as localbitcoins that have gone up a lot. and so many different things. add to it the fact that there is very limited supply of bitcoin and there are lots of people in the world who want or will want to buy bitcoin at some point, and you get the future possible price in long term. https://bitcointalk.org/index.php?topic=1790863.0
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Only Bitcoin
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el kaka22
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February 17, 2017, 01:38:01 PM |
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I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!
it is a valid concern and I am not pretending that I don't have it. but it is all about chances of different things to happen. and also it is the experience of knowing what can affect bitcoin price in what way and by how much, and then is it really serious or temporary dump to get cheaper coins. -snip- There are lot of differences between just FUD and impacting incidents. If you fail to differentiate them then no one will be able to help you regarding your worries on bitcoin prices. The real negative incidents are always impacting bitcoin prices and we need to bear them if we are a long term holders whereas FUDs will not sustain for one or two weeks and markets always witness a bounce back in quicker time. Both investors and adopters of bitcoin need to concern the FUD, but the history has showed that we need not to bother them. Still if we bother, we can use them to buy back more ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Vaccinus
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February 17, 2017, 01:51:38 PM |
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I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!
i'm with you, i'm also panicking when i see a big dump, not if i see 10% though, but if the dump is caused by a bad news i know that it was because of panic dumpers, and sooner or later the value will recover in time, otherwise i take the decision to sell a portion of my money
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Febo
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February 17, 2017, 04:56:02 PM |
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The uptrend seems to be pretty evident over the medium term. If you are sitting on a pile of cash, it is better to convert it to bitcoins as quickly as possible. Those dips might present opportunities later on, but today is as good a time as any to buy.
it is over the "long" term not medeum since it is for the past couple of "years" and yeah the dips are always a fantastic time to buy bitcoin and each day that passes the opportunity goes away. for example right now price is $1025 and we don't even know if it is going to come back down ever or not. When everyone expect price will be $2000 tomorrow and no one expect Bitcoin price might fall down, those are most likely moments when price will really fall. And fall a lot.
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