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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 33276 times)
CrewKitten
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July 28, 2017, 01:01:24 AM
 #381

No its not a panic time my brother,everyone and all of investors are expecting huge price drop on bitcoin before august 1 will be in and hard fork will happen,so no panic selling its predicted already
I think the selling panic has happened a few days ago when the price dropped to $ 2200 because of the hardfork that will happen. And then the price goes back up to $ 2500, I do not know what keeps the price back up, maybe a lot of users are already convinced that bitcoin will get through the problem well


The price went down to $1,850 on BTC-e, just one week before they got caught for hacking Mt. Gox!

I personally do not think anything is going to happen come August 1st. There will be no significant change in the market and everyone will forget about this drama in a few months.
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July 28, 2017, 04:25:11 AM
 #382

coming august 1 i think bitcoin will go down, I'm expecting people will panic selling because of this news about segwit.



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July 28, 2017, 04:30:57 AM
 #383

No, it is not the panic time in bitcoin to sell your bitcoins because the thing that we need to do is opposite of that, we need to be optimistic in order to overcome this challenge and if you have money then you can buy more bitcoins in the market and keep it and sell it when the market rise again.

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July 28, 2017, 05:03:54 AM
 #384

No, it is not the panic time in bitcoin to sell your bitcoins because the thing that we need to do is opposite of that, we need to be optimistic in order to overcome this challenge and if you have money then you can buy more bitcoins in the market and keep it and sell it when the market rise again.
Reacting differently will reward always. When others get unnecessary panic to go for selling their bitcoins, it would be great if we keep holding our bitcoins in these challenging periods to show our faith toward bitcoin and its future. I believe there will be no threat that we are going to face due to segwit activation hence price will move up drastically after august 1.

Bitcoin is not falling and this is not the time for panicking even we may see some drastic fluctuations. We must keep hold bitcoins and it will pay off for sure in very near future.
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July 29, 2017, 05:16:19 AM
 #385

It is possible but BTC can rise again and get back to trading.

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July 31, 2017, 04:11:27 AM
 #386

I see no reason to panic. Initially, the bitcoin was worth less than $ 2000. Now the price is $ 2542 so it grows. No Fiat money will not give you such growth rates. Deposits in any Bank more risky and less profitable.
Yeah, if we compare % back which you will get using bitcoin it much higher then bank percentage, but it also depends on what country bank you will chose.cryptocurrency can give you back more then banks but it also more have more risks
Indeed. Crypto currencies are far more profitable than banks. Their frequent increase in prices makes them more attractive than banks. But I don’t think so there are many risks with bitcoins. Bitcoins do sometimes face the fall in price but soon they regain their values. Banks also get hacked and go in loss leaving customers disappointed. Trading does involve risk taking.

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July 31, 2017, 04:37:36 AM
 #387

No, it is not the panic time in bitcoin to sell your bitcoins because the thing that we need to do is opposite of that, we need to be optimistic in order to overcome this challenge and if you have money then you can buy more bitcoins in the market and keep it and sell it when the market rise again.
Thats True., Only those who have weak hands and lack of knowledge will sell when seeing a big fall down in bitcoins price like some new speculations about a FuD news the bitcoins will crash .We cant blame some of them because they only invest without having a knowledge what is their investments .

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July 31, 2017, 05:26:38 AM
 #388

No, it is not the panic time in bitcoin to sell your bitcoins because the thing that we need to do is opposite of that, we need to be optimistic in order to overcome this challenge and if you have money then you can buy more bitcoins in the market and keep it and sell it when the market rise again.
Thats True., Only those who have weak hands and lack of knowledge will sell when seeing a big fall down in bitcoins price like some new speculations about a FuD news the bitcoins will crash .We cant blame some of them because they only invest without having a knowledge what is their investments .
I think it is not enough reason to panic. Because I'm pretty sure that bitcoin price was not stay in low price. Due to this coins is indemand to the market. Moreover I believe that this bitcoin can survive in this coming segwit.

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July 31, 2017, 05:59:01 AM
 #389

Don't panic price is still above $2800 now, the high price today before august 1 shows the bitcoin has gained the trust of the people and they didn't cash out, and hope so it will going to boost high after august 1. Hold your bitcoins for a huge profit in the future.
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July 31, 2017, 06:22:49 AM
 #390

For me i don't worry even if it fall, no need for panic selling because its been proven before, price will drop then it will rise again higher than the peak last time. That's the cycle of Bitcoin nothing to worry about that. I will only worry if the price goes to 100$ usd in one night and never come back up again.

Yes, I agree with you. We all know that bitcoin wasn't have a consistent price, It was fluctuating because the demand and supply were also changing. If you are saying that if the price of bitcoin drop in 100$ USD then you are now going to worry, Yes, there is a big chance to drop in that certain price but if that would happen, I would cash out all my bitcoin on my wallet because that was very low price and I think that I couldn't get a high profit on it.

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July 31, 2017, 06:31:33 AM
 #391

It was panic time and the sacking hand are selling off their position for the professional to make more money. But as at today it seeing the panicking is over and people are having little confident on the market.

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July 31, 2017, 12:17:12 PM
 #392

Not really, in my view i dont need to panic simply because i believe on bitcoin and i know that what ever happen bitcoin will always bounce back, look a the price of btc now a lot of news about the fork but as we can see the price of bitcoin are still strong. Im just here waiting to accumulate more bitcoin when it hit lower price again.

   

 
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July 31, 2017, 12:41:20 PM
 #393

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

The best thing to do is to hold. It happened a lot before right. BTC price dropped a lot, but soon recovered. I think it will just happen again this time. Just be patient when holding in to your BTC. It might even drop very low, but I'm sure that just within a few weeks it will recover.

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July 31, 2017, 12:42:49 PM
 #394

What is the use of panic, nothin good at all, thus you can't achieve anything. You could only make wrong decision because you are not thinking clearly with your head. Although the famous August 1st is approaching price is looking pretty stable, no sight of big dumps like some were announcing, so I think that we can stay calm and watch August 1 passing by.

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July 31, 2017, 12:43:36 PM
 #395

Its not falling... its doing a steady climb.. and after 1st Aug, there will be more uptrend of bitcoins...
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July 31, 2017, 12:55:27 PM
 #396

Not really, in my view i dont need to panic simply because i believe on bitcoin and i know that what ever happen bitcoin will always bounce back, look a the price of btc now a lot of news about the fork but as we can see the price of bitcoin are still strong. Im just here waiting to accumulate more bitcoin when it hit lower price again.
If you believe you will never gonna feel that panic that some weak hands are feeling right now.
When they are on the panic mode we also in the buying more, our actions are more favorable because in the long run we will see again the price of bitcoin will dump, this happened already most of the time so we need to follow the trend, if we do thins every time we will gonna make money in a short period of time also.

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July 31, 2017, 02:27:43 PM
Merited by Ajinomoto40 (3)
 #397

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I would probably hold my bitcoin rather than converting it or transferring it to other digital currency because as bitcoin's status it is unstable so there are times that it might hit the top or bottom. We don't know when will drop or increase and as I see there are many time that bitcoin's price increase so I would hold my bitcoin for a meantime. Because even it will drop I am assured that it will recovered immediately.

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August 17, 2017, 08:38:20 PM
 #398

Always panic bitcoin is never stable and could crash at any moment.
JCO05
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August 17, 2017, 10:09:55 PM
 #399

According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
I am trying to only hold onto my Bitcoins because the price per coin is very likely to have a large price in the upcoming years. If I make a bunch of Bitcoins I will try to only sell portions of it instead of selling a whole Bitcoin for fiat.
Good idea. At this moment, the price of Bitcoin is consistently rising. Those who held their Bitcoin over the dips will surely earn profit after the fork which happened last Aug. 1 because the inflation started after the segwit. Those who sold their Bitcoin lost the oppurtunity to sell their Bitcoin at this moment, where its price is continuously increasing.

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August 17, 2017, 10:35:30 PM
 #400

Always panic bitcoin is never stable and could crash at any moment.

As like all the other coins.

Don't ever forget every coin are moved by speculation, and even so-called corrections could get the price down a few hundreds from nowhere.

But oh well, it will rise again for sure. Fortunately crypto market isn't just like all the other markets, and unless something goes VERY wrong, the coin should increase all over again.
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