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Author Topic: Bitcoin is Falling...Is it Panic Time?  (Read 34110 times)
man1996
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September 19, 2017, 07:38:48 PM
 #741

Yes ofcourse it is a panic time because if the prices will fall we will get less payments by the signature campaigns.Everyone is scared of fall in prices.If I need money I will have to sell my bitcoin.But bitcoin is volatile and nobody knows the future.

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digitalgame4life
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September 19, 2017, 07:45:30 PM
 #742

Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!

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September 19, 2017, 07:45:41 PM
 #743

Yes ofcourse it is a panic time because if the prices will fall we will get less payments by the signature campaigns.Everyone is scared of fall in prices.If I need money I will have to sell my bitcoin.But bitcoin is volatile and nobody knows the future.

This is a very interesting viewpoint. From what I remember, signature campaigns adjusted for the most part to make space for the Bitcoin price changes. When I was a full member, I was getting paid around .03 BTC a week which was not a lot back then. However, now even as a hero member, I'm getting paid around the same amount for about 2x the amount of posts.

This area is up for grabs! PM me if you're interested.
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September 19, 2017, 07:48:12 PM
 #744

Is it ever "panic time"?

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September 19, 2017, 08:00:25 PM
 #745

Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.
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September 19, 2017, 09:34:13 PM
 #746

Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.
Its up to you sir if you cannot hold your bitcoin for long term, but in my side I think I'm gonna hold my bitcoin. Because it was fluctuate now almost normal and I think I don't need to panic due to fall down of bitcoin price. Otherwise I'm looking forward until bitcoin is totally recovered and back to their $4000 value.
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September 20, 2017, 12:11:07 PM
 #747

Cost drops are an possibility to purchase bitcoins and offer them when the price tag climbs up once again
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September 20, 2017, 12:14:58 PM
 #748

Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.
Its up to you sir if you cannot hold your bitcoin for long term, but in my side I think I'm gonna hold my bitcoin. Because it was fluctuate now almost normal and I think I don't need to panic due to fall down of bitcoin price. Otherwise I'm looking forward until bitcoin is totally recovered and back to their $4000 value.

It did recovered and we should be looking at a better price now. $4500 is better for this week but it seems like it got slow with the passing days. All in all I am still happy it went back to 4k which made my day and stress free. I thought I am in loss for and will take time before it could back. Luckily I didnt panic too.

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TrumpD
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September 20, 2017, 12:20:36 PM
 #749

Is it ever "panic time"?


They never learn. I don't blame the noobs though, what is sad is that the old hands fall into the same trap too. It is very amusing.
Portia12
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September 20, 2017, 01:21:54 PM
 #750

I dont think this is the time, if you are investor you need to be risktaker but there would be a time for pumping up the price of bitcoin. Every fall down there would be going up.

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September 20, 2017, 01:30:56 PM
 #751

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?
Well, in this case right now of course I'm still holding my bitcoin no matter what happens. I think this will never be panic to everyone of us because on my own this is again another opportunity to buy bitcoin in cheap price. If that will happen that bitcoin will drop That was the moment that you can now buy bitcoin. Bitcoin has low and high marketing, there are a lots of big and small mountains which is sometimes ups and downs, increase or decrease. That's what we call pattern of bitcoin. So, stop panicking.
krisnt80
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September 20, 2017, 02:51:10 PM
 #752

I did realized recently that at all bitcoin events there is a small antecipation before really happens, last year were the bitcoin halving that jumped around 6 months before, now i do believe people are already playing with November fork that the most say it will be a heavy moment to bitcoin supporters, because it can split the coin into two strongs directions till one fail.
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September 20, 2017, 02:54:19 PM
 #753

considering the amount of fud and bad news coming out of China, I must say that the price is doing great. It is holding it own and at $4000, and this is very encouraging.

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September 20, 2017, 02:55:23 PM
 #754

Not falling enough, we need another big dip at $2800. Cheesy

Didn't filled all my bags, need moar!
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September 20, 2017, 03:01:20 PM
 #755

holding bitcoin is better than you sold cause of panic.
wait until the price rise again, cause you know bitcoins value is not stable
Harlot
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September 20, 2017, 03:37:45 PM
 #756

Well I am long enough in the game to know that usually when bitcoin is falling it is not panic time and it will eventually go up, hey thats bitcoin right.
But the part that makes me questions is when it falls the next time how long does it take to get back high?, China just announced that bitcoin is officially a treat to the banks of China, this will make people sell their bitcoin, usually people from China, when it falls people will buy from the west and it goes up again, bitcoin is here to stay and go to the freakin moon!
I did not intend to keep the bitcoins long-term prospects, and therefore I'm not too concerned about the price tomorrow today or yesterday. At the moment I am earning money and have money to live today. I understand that this is probably wrong, but nevertheless it is my choice.
Its up to you sir if you cannot hold your bitcoin for long term, but in my side I think I'm gonna hold my bitcoin. Because it was fluctuate now almost normal and I think I don't need to panic due to fall down of bitcoin price. Otherwise I'm looking forward until bitcoin is totally recovered and back to their $4000 value.

It did recovered and we should be looking at a better price now. $4500 is better for this week but it seems like it got slow with the passing days. All in all I am still happy it went back to 4k which made my day and stress free. I thought I am in loss for and will take time before it could back. Luckily I didnt panic too.
But based on experience the price of Bitcoin falling is because of panic selling which means its panic time. I guess the right question here is should you participate in this so called "Panic Time" and the answer is Yes. You should participate when there is a panic selling going on as the prices try to push downward more than its average price, which means if it dips you can buy Bitcoin at a much cheaper price. You can also participate when before the panic selling even starts, when you see that the prices and the volume is shifting towards the selling side in an unusual manner then it signifies a panic selling.
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September 20, 2017, 04:21:27 PM
 #757

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?

Only newbies would panic. A lot of people who have known bitcoin for years have experienced this kind of drop, so I think they've learned their lessons before. When I was new on bitcoin, which was 4 years ago. I would panic everytime bitcoin drops even with just $20. The price was too cheap that time, and I would convert all my bitcoin. Panic would do you no good, so just hold on to your bitcoin and trust it.
Wingo
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September 20, 2017, 05:00:34 PM
 #758

Problems won't stop coming but bitcoin survives. There are many things in the past that hinders the growth of bitcoin but here we are now. The price decline that happened cannot stop bitcoin, it could recover, we just need some patience.
babysweetTiger0401
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September 20, 2017, 05:25:28 PM
 #759

Every time there is a dropping happening in the price value of bitcoin many are getting panic in it, which is not supposed to be like that, instead of doing worries we should be happy because we have a chance to buy bitcoin in a cheap value then once it rises up again it will be a big profit to us of course.
henmark
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September 21, 2017, 06:13:27 AM
 #760

Bitcoin is dropping again, has happened a couple of time last weeks, but it is now quite steady at 4000$
No need to panic, if you believe in bitcoin, hold them for a longer time as prices will (hopely) go up again
Yes I agree with you. Falling and rising is the part of business. Sometime you will loss and sometime you will earn more than the expectations. As the people who have bought bitcoin in the early beginnings never thought that the price of one bitcoin will ever cross the 4000 US dollars. But it crossed although it starts from I think 5 US dollars in 2009. So don’t be panic and wait for good times.
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