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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34110 times)
Kevin77
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June 23, 2017, 10:17:22 PM
 #241

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.

Sadly, the price now is at $2700 so I don't think it is the good moment to buy bitcoin. I think after the Network splitting on August the price of bitcoin will be really low that everyone will be willing to invest in it. Maybe it will be going back to the it's price less than $2000 and will just get back up after it.
You are right, compared to last week bitcoin prices, this must be right time to buy some more bitcoin for the targets of $3500 in quick times. I'm not finding bitcoin prices are falling down from current levels even it will be fluctuating ups and downs for some hundred dollars. We can expect bitcoin will start another wave of rally toward $5000 prices also hence this must be the right time to buy some more bitcoins.
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June 23, 2017, 10:43:15 PM
 #242

Ladies and gentlemen, It seems to me that we are constantly being tested for panic sentiments and provides contradictory information Bitcoin and other crypto-currencies. We must soberly assess the future of Bitcoin and its capabilities. But I believe that we do not lose anything, but only increase our incomes if we believe in the future of Bitcoin.
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June 23, 2017, 11:26:19 PM
Last edit: June 24, 2017, 12:24:26 AM by Vikingr
 #243

Good thing for those who didn't get panic. It's already $2656 now at bitstamp and it seems slowly rising. If there are fall of price don't get panic just because of that. It will recover sometime for sure and that is proven, and that is the how the price movement works. It's common.

I absolutely agree with you, that has been the trend lately if you've been following Bitcoin so I guess some new panic sellers have learnt their lesson, I will also speak to the OP to either edit or start a new thread with the heading "Bitcoin is rising"
I think not bitcoin cant fall now easily because of its progress and popularity among traders and users the price is going up to up every week so I think it not a panic time bitcoin is progressing well and now countries are legalizing bitcoin ant allowing bitcoin to be used in trades and the world is getting aware of bitcoin
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June 24, 2017, 01:00:38 AM
 #244

Ladies and gentlemen, It seems to me that we are constantly being tested for panic sentiments and provides contradictory information Bitcoin and other crypto-currencies. We must soberly assess the future of Bitcoin and its capabilities. But I believe that we do not lose anything, but only increase our incomes if we believe in the future of Bitcoin.
That is why people shouldn’t play with money that they can’t afford to spend. Purchasing Bitcoin is like purchasing a collectible item, when someone purchases a collectible item that person doesn’t plan on spending it unless the price of it gets really expensive.

A million dollars per coin is pretty easy to get to.

 
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June 24, 2017, 06:09:42 AM
 #245

No because bitcoin is having more users the trade and invest here and doing signature campaign and you can have an extra work here if someone is hiring to help them create for the signature campaign that will be release later on. I want to prove that in getting in a signature campaign may be hard but worth it becuse you earn money.

Plus if back than many companies offer high amount of money to the low rank users its because lets say the my have small numbers of user, bitcoin users but today you see that they pay you small becuse that company has campaigns to work on for us users to have more jobs when it comes in a signature campaign.  Lets say if your wanting to handle a campaign that pays good go find one Smiley. All and all my short answer to your subject why do panic that bitcoin is falling bitcoin will not fall due to a high amount of users that exists here on  earth
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June 24, 2017, 07:46:54 AM
 #246

Ladies and gentlemen, It seems to me that we are constantly being tested for panic sentiments and provides contradictory information Bitcoin and other crypto-currencies. We must soberly assess the future of Bitcoin and its capabilities. But I believe that we do not lose anything, but only increase our incomes if we believe in the future of Bitcoin.
That is why people shouldn’t play with money that they can’t afford to spend. Purchasing Bitcoin is like purchasing a collectible item, when someone purchases a collectible item that person doesn’t plan on spending it unless the price of it gets really expensive.

A million dollars per coin is pretty easy to get to.

Yes, that is the simple reason why people should not sell their bitcoin because if the bitcoin is just got up to 10% from its price then it is not worth it to sell because i believe that it is a very small profit and the profit of at least 100% is the right selling point for me. We should not impatient because one of the things that you will remember is, patience is always a virtue.
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June 24, 2017, 08:12:56 AM
 #247

Of course it's not. Panic selling bitcoin would cause you deficit since bitcoin as what crypto analysis expert  says, bitcoin could reach $2k-$4k this year same as what they say last year that it could hit $1k. For this reason, holding bitcoin and altcoins would be the best to make profit for long term.
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June 24, 2017, 08:20:41 AM
 #248

I think only newcomers can panic at the next drawdown of the price and sell their coins. For investors, this is only an opportunity to buy cheaper to then make a profit.

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June 24, 2017, 08:24:58 AM
 #249

I think this is a good moment for buying coins at a lower price. After the fall, there is always growth and profit.

Sadly, the price now is at $2700 so I don't think it is the good moment to buy bitcoin. I think after the Network splitting on August the price of bitcoin will be really low that everyone will be willing to invest in it. Maybe it will be going back to the it's price less than $2000 and will just get back up after it.
The network will never be splitting and you must try to read the scaling agreement for carefully. The segwit activation and 2mb hardfork will not make the chain will be split and we will not having double chain for the bitcoin and forked bitcoin such as BTU.
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June 24, 2017, 12:12:49 PM
 #250

Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
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June 24, 2017, 12:33:38 PM
 #251

I believe bitcoin has the potential to increase their value in the next years because bitcoins is a hot topic nowadays, and as more people get to know about it, it will increase it's demand, and that may make a big grow in btc value. Might not increase as much as expected, because there are some other altcoins with growth potential Wink. So no, I guess its not a panic time
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June 24, 2017, 12:43:25 PM
 #252

People who think like this are idiots.

"It's rising, it's the future, OMG buy!!!1"

"It's falling, this is the end, OMG sell!!!1"

Oh well.  More cheap coins for me.
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June 24, 2017, 02:31:39 PM
 #253

People who think like this are idiots.

"It's rising, it's the future, OMG buy!!!1"

"It's falling, this is the end, OMG sell!!!1"

Oh well.  More cheap coins for me.
Honestly those newbies are thinking like that, But that is the funny part to trade in crypto if there will be a big dump by the whale to manipulate the market trend and those newbies will try to following the line. But they are not realized if already be fooled by the whale to take the more profit to life in money.

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June 24, 2017, 04:42:14 PM
 #254

I think only newcomers can panic at the next drawdown of the price and sell their coins. For investors, this is only an opportunity to buy cheaper to then make a profit.

Those newbies are really the one that are being affected when the price of bitcoin dip. Then immediately panic sell off their bitcoin without knowing that the price could you high and their already missed a lot of opportunity by selling them. But for the casual investors, they don't usually panic but instead look at it at the bright side, because when the price goes down, opportunity to buy back bitcoin is already on their mind. I just hope that newbies will learn their lesson and not just push the sell button immediately, otherwise they will lose profit.

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June 24, 2017, 04:47:27 PM
 #255

One of the traits of the people in the cryptocurrency is they are panicking if the value of the bitcoin is falling. This is very wrong. We don't need to worry about the bitcoin. Because I know bitcoin will never die.

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June 24, 2017, 04:57:25 PM
 #256

Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
Exactly bitcoin isnt depreciating a lot. This is just so normal fall of bitcoin. Bitcoin is a volatile asset and these trends of up and down are quite frequent. There is nothing to worry about. I don't understand the reason of panic among people. I hate it when people don't show patience. They dont understand the volatility. In long term bitcoin has always proven to be a profitable asset.
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June 24, 2017, 07:13:56 PM
 #257

Bitcoin is not decreasing at a increasing rate, it decreasing at a lower rate. So it doesn't create any negative impact on the credibility of Bitcoin anymore. Day by day Bitcoin is becoming a lucrative and profitable source of earning money so many people are going to be involved in this platform for taking this opportunity...but if you want to trade then you must take a risk in order to earn profit...
Exactly bitcoin isnt depreciating a lot. This is just so normal fall of bitcoin. Bitcoin is a volatile asset and these trends of up and down are quite frequent. There is nothing to worry about. I don't understand the reason of panic among people. I hate it when people don't show patience. They dont understand the volatility. In long term bitcoin has always proven to be a profitable asset.

Yes, we need a lot of patience when dealing with bitcoin and other crypto's for that matter. We need to understand that bitcoin is very volatile and it can go down anytime. Most of the newcomer's in the bitcoin market don't understand it and they are really for the short term profit. That is why they panic and sell immediately if they see the price is going down.









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June 24, 2017, 07:57:43 PM
 #258

One of the traits of the people in the cryptocurrency is they are panicking if the value of the bitcoin is falling. This is very wrong. We don't need to worry about the bitcoin. Because I know bitcoin will never die.
If you start analyzing by closly watching all other markets like Forex and stock trading, you can find getting panic when prices are falling is most common across all type of trading markets. Because no one will be able to keep their coolness when their capital is getting lost. But there are traders they can take those down market also very normal just because of their experience.
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June 24, 2017, 08:00:11 PM
 #259



Yes, we need a lot of patience when dealing with bitcoin and other crypto's for that matter. We need to understand that bitcoin is very volatile and it can go down anytime. Most of the newcomer's in the bitcoin market don't understand it and they are really for the short term profit. That is why they panic and sell immediately if they see the price is going down.

Some people wants to do trading but forgetting the simple rule of being patience.

They must know 100% that all cryptos are volatile and yet they entered trading without that thing keep in mind. And now they will turned into having a weak hands once they saw their coins on hold are decreasing it value without realizing some of the best things to do when there is an ongoing scenario like that. Experience really builds a trader but still there are traders who are doing trades for long time but still  have weak hands.
streazight
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June 25, 2017, 04:00:41 AM
 #260

I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out.  AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash.  Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct.  Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.
Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.
I hope so but this is also a truth that what if the prices fall again ?
From the recent price fall I was just shocked that everything was absolutely fine and there was no suitable reasons for the prices to go down still the prices fall down and it really was a hard time for the small investors.

If such things kept on going with the bitcoin I am afraid that the people will lose trusting the Bitcoin. I am wish such an incident never happen in the future but who knows.
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