The rush to sell is real

[Dimelord]

People who will get panic only will sell their coins at this stage and its a stupid decision to make but people who have faith in the potential of bitcoins will never sell their coins and will prefer to hold them for a long term and that is the right thing to do.

People who know the history of bitcoin's journey so far will never get panic and they will not sell their bitcoins.They know well that its a temporary situation and bitcoin would recover.Predictions were made that bitcoin price would fall to $700 to $850,but you could see the difference as bitcoin price is now $1082.

[1Referee]

It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

[talkbitcoin]

It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

excellent point.
and as a matter of fact i was doing it a couple of months back. i was bored and decided to flip through the pages in range of 300 in this board, although i don't think all of the early topics are found this way but it was a good experience seeing all those comments with the same theme although in a much smaller scale.

[aardvark15]

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

We will see the price get to $1200 again. But I wouldn't be too surprised if we had another drop in price before then. We could be in a period of price fluctuation.

[traderethereum]

Title.

Never sell low philosophy is killing me.
Are you guys also getting crazy?

(About BTC dive)

i think its not good to sell btc at this year as if we only want to sell our bitcoin in the higher price and for the price $11xx is not the higher price or even the price is reach until $12xx. so i think its good to hold and save it into our wallet and i think its not a big problem to us to save it, many people is holding their bitcoin too like us.

[Reid]

Nope. Not going crazy about it.
Actually I can still sleep soundly even if it dives at $900.
This happenings always occur with BTC as I have seen it. It is not something new that we should be panicking about.
We will just make it worse when we do go with the wave of panic sellers.

[X-ray]

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

We will see the price get to $1200 again. But I wouldn't be too surprised if we had another drop in price before then. We could be in a period of price fluctuation.

I don't think so, i think the price of bitcoin will always steady until another big news will be released. in this time a lot of the people are feeling sad caused by the hardfork of bitcoin in the future.
But it seems like a lot of the people are thing if that's not giving bad affect for the bitcoin. and in this time the bitcoin always recover.

[Sundark]

Price of BTC might regained some value, but that is not the end for possible rapid ups&downs we will see.
We need some kind of scaling solution to be achieved, or we will be dealing with fear (mostly not backed by real arguments) that bitcoin will become worthless.

[Technicality]

It's funny how through the years things haven't changed a single bit. If you browse through 2011 threads, you'll see that at such insanely low prices (compared to todays prices) people were equally in panic at the time the price went down. If you just look at how the price has been developing in the last years, then it's obvious that no matter what level of intense panic, the price always recovers and moves up higher. It's of course not a guarantee that it will continue to recover endlessly, but with Bitcoin's potential growth in mind, we have far more exciting years still ahead of us.

It's a lot harder for Bitcoin's value to go up now though.  We might see Bitcoin at pretty much an ATH but this is still strange behaviour and should not be seen as normal. 

I agree that Bitcoin's price won't go down all the way to 0 or even close to that but we need to take care and watch from the sidelines.  Now that the price is as high as $1000 per coin, the market cap has to rise by an amazing amount for Bitcoin's value to do so and that's a key factor to take into account.

[Kimi80]

What are you talking about here, what kind of dive are you mentioning, what kind of panic selling, price is 1115 dol. and that is the price for weeks now, with small oscillations. You are making drama here for nothing. I can't believe that some person made newbie account just to troll here!

[BitHodler]

Price of BTC might regained some value, but that is not the end for possible rapid ups&downs we will see.
We need some kind of scaling solution to be achieved, or we will be dealing with fear (mostly not backed by real arguments) that bitcoin will become worthless.

Bitcoin will remain holding its dominant position. If you see people say that Bitcoin will become worthless, they obviously don't know how indestructible Bitcoin really is.

The only thing that will become worthless is the BU coin as result of a chain split. Exchanges have said to list it as altcoin, but I would prefer exchanges to not list it at all.

But that's something they obviously won't give a damn about as they only care about is the fee income that they will generate. As always, it's all about money. Greedy bunch of hyenas.

[richardsNY]

The only thing that will become worthless is the BU coin as result of a chain split. Exchanges have said to list it as altcoin, but I would prefer exchanges to not list it at all.

But that's something they obviously won't give a damn about as they only care about is the fee income that they will generate. As always, it's all about money. Greedy bunch of hyenas.

I personally would also prefer to have exchanges completely ignore BU, but we all know that exchanges are looking for one thing -- generating fees. In case of the Ethereum fork, I really like how BTC-E decided not to list ETC at all. This is how all exchanges should respond to forks, but if you look at it from another point, then they are basically just listing another altcoin, and with that not much is wrong.

[lionheart78]

What are you talking about here, what kind of dive are you mentioning, what kind of panic selling, price is 1115 dol. and that is the price for weeks now, with small oscillations. You are making drama here for nothing. I can't believe that some person made newbie account just to troll here!

LOL just check the date when this was started and the date when you replied.  3 days gap is a very long gap and many things will happen that will change the situation of Bitcoin.  About the price, seems you have not seen the price this last few days.  I bet you better see the price chart yourself.  Anyway, I do think that some people who sells are not dumping their coins, they are in to reap a profit when a chain of selling reaction triggers .  Anyway I think dip had its fun and price is starting to go up again.  I hope many holders managed to buy more Bitcoin during these dips.

[ASHLIUSZ]

The rush to sell has decreased a little than the day of sudden loss due to the bitcoin unlimited. Now recovering phase has got initiated with the steady and regular price growth happening little by little, though the fluctuations were very minor compared to the steeper growth.

[Oralmat]

Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

Yes, we should not be holding wrong speculations, we should be positive of its rising. Lets not be on rush things with the coin, selling is not that good advise for those who really want to make profit hold it for long see what will happen in the future.