Are these panic guys insane? Or YOU who are holding tightly coins is insane?

[zessyking]

Hi there,

I bought 500 ETH at $10, then sold a half of those coins at $350.
After several sales and acquisitions, i sold all coins at $198 on the day before yesterday.
I owned over $230,000.

I pretty sure price of ETH will down under $65 and BTC is under $1300.
You can't not ask these panic guys like me to stop selling alt coins at this moment.
Because this is a down trend with high damage rate and have no signal to push price up till 1 Aug.

I will buy back after the price down to my predict price.
Even if ETH = $100 then i still own double coins compare with 2 days before.

So, are these panic guys insane? Or YOU who are holding tightly coins is insane?
These coins have birght furture, BUT not these days.

A wise man changes his mind, a fool never will.

[ethersphere]

1 Aug is segwit for bitcoin though. Not sure how it might affect Ethers.

On the other hand, I think the recent Metropolis announcement is killing Eth market. Not only is Metropolis delayed till January, now instead of 1 HF, they need 2 HF to complete implementation.

[szafa]

First August is segwit Btc.Eth again split?

[ethersphere]

First August is segwit Btc.Eth again split?

Yes, it's the planned hard fork to switch to Metropolis.

[medsi2]

It depends on which coins are you holding and if you are holding for long term.

So I sold some coins during past weeks with huge profit, but at the same time I'm holding other coins.

[Gluestack]

I agree price of ETH must go down till 50 or so, maybe 75. From that It will raise again. I feel sorry for the people who bought at 300-400. Ether must still prove startups working with it can actually make money.

[Ayers]

it's because of bitcoin, the king will make everythig go down, when we pass the 1 august thing, and bitcoin recover i'm sure everything recover as well, just be patient, holder are the one that will be rewarded in the end, if you panic sell now when everyone is dumping you will lose profit, big profit

[dissident]

Ever hear of sell the news? Aug 1st isn't going to make bitcoin magically recover.

[spngebob]

Holding any coins at this moment is insane.
Price is droping a lot and in my opinion there is no use of holding coins, it's better to sell them and wait for even lower price and then buy it.

[The Sceptical Chymist]

It's the market that's insane, which is an aggregate of all of our behavior.

Much as I like bitcoin, this volatility sucks for it as a currency.   Imagine if you got your paychecks denominated in bitcoin (like signature campaigns).  You'd never know how much you were going to be able to spend.  Well, never predict anyway.  Props to those who held on.

[Mahanton]

Holding any coins at this moment is insane.
Price is droping a lot and in my opinion there is no use of holding coins, it's better to sell them and wait for even lower price and then buy it.

This would be the best stuff to do in able to patch up your loses on those expensive price you do bought your coin. Holding up would be somehow hopeless to me considering that seeing those prices again would really takes time knowing that recovery isnt too fast in crypto world but we cant really force people on what would they gonna do since its their own money and we cant do anything about it.Theres no fool on this trading world its just normal that there are panic sellers and holders on this kind of situations.

[Mazt rhiezt]

Holders and exterminators are just as crazy and if you've ever heard the madness of walking in luck means we're all crazy.
In the world of crypto no one can predict, the proper step is to calm the mind and hold the coins.
Believing to great luck brings you to madness.

[coin_coin]

Hi there,

I bought 500 ETH at $10, then sold a half of those coins at $350.
After several sales and acquisitions, i sold all coins at $198 on the day before yesterday.
I owned over $230,000.

I pretty sure price of ETH will down under $65 and BTC is under $1300.
You can't not ask these panic guys like me to stop selling alt coins at this moment.
Because this is a down trend with high damage rate and have no signal to push price up till 1 Aug.

I will buy back after the price down to my predict price.
Even if ETH = $100 then i still own double coins compare with 2 days before.

So, are these panic guys insane? Or YOU who are holding tightly coins is insane?
These coins have birght furture, BUT not these days.

A wise man changes his mind, a fool never will.

I guess your point is :let's stop all the activities related to crypto before 1st August.
Come on , life is going, everything is on its way, you choose your trading way , others have themselves too.

[pigheadbig]

1 Aug is segwit for bitcoin though. Not sure how it might affect Ethers.

On the other hand, I think the recent Metropolis announcement is killing Eth market. Not only is Metropolis delayed till January, now instead of 1 HF, they need 2 HF to complete implementation.

I think it is right and there some deep relationship between the Ethers and bitcoin. I am a technical guys but I can find this relationship between the prices of these coins.

[styca]

It's the market that's insane, which is an aggregate of all of our behavior.

This pretty much sums it up. The market volatility at the moment isn't because of the bitcoin civil war; it's because of our reactions to the bitcoin civil war.

[miningnew]

That's probably the last time bitcoin will drop this low before years.

All is well organized by big miners organisation. They pushed the price to $3000 to sell a major part of their bitcoins first.
Now, they are trying to establish a climat of insecurity. Will chains split ? NO.
In fact, everything will go smoothly. Miners don't care about bitcoins. They just want money. How ?
First, they let you think segwit will not happen, that chains will split blabla ... → bitcoins dump
Some days before the segwit, miners will then buy a crazy number of bitcoins, and then, all miners corporation will magically agree on the segwit.
Segwit will be a success, bitcoin will skyrocket to $5000, as well as altcoins, miners will have done an easy x3.

[giveen]

This is just a temporary market crash and as bitcoin is still the king as long as the king is losing it keeps losing it's troops which is altcoins in this case and whenever the king wins he get's more troops , so as long as bitcoin is falling altcoins will keep falling but once when bitcoin reach $2800 or starts rising automatically there will be a rise in altcoins , don't follow the panic keep holding.

[Bitcoin.io.promo]

That's probably the last time bitcoin will drop this low before years.

All is well organized by big miners organisation. They pushed the price to $3000 to sell a major part of their bitcoins first.
Now, they are trying to establish a climat of insecurity. Will chains split ? NO.
In fact, everything will go smoothly. Miners don't care about bitcoins. They just want money. How ?
First, they let you think segwit will not happen, that chains will split blabla ... → bitcoins dump
Some days before the segwit, miners will then buy a crazy number of bitcoins, and then, all miners corporation will magically agree on the segwit.
Segwit will be a success, bitcoin will skyrocket to $5000, as well as altcoins, miners will have done an easy x3.

Completely agree with you. Their plan works.

[ChinkyEyes]

That's probably the last time bitcoin will drop this low before years.

All is well organized by big miners organisation. They pushed the price to $3000 to sell a major part of their bitcoins first.
Now, they are trying to establish a climat of insecurity. Will chains split ? NO.
In fact, everything will go smoothly. Miners don't care about bitcoins. They just want money. How ?
First, they let you think segwit will not happen, that chains will split blabla ... → bitcoins dump
Some days before the segwit, miners will then buy a crazy number of bitcoins, and then, all miners corporation will magically agree on the segwit.
Segwit will be a success, bitcoin will skyrocket to $5000, as well as altcoins, miners will have done an easy x3.

Completely agree with you. Their plan works.

This makes so much sense.

[ostsee77]

That's probably the last time bitcoin will drop this low before years.

All is well organized by big miners organisation. They pushed the price to $3000 to sell a major part of their bitcoins first.
Now, they are trying to establish a climat of insecurity. Will chains split ? NO.
In fact, everything will go smoothly. Miners don't care about bitcoins. They just want money. How ?
First, they let you think segwit will not happen, that chains will split blabla ... → bitcoins dump
Some days before the segwit, miners will then buy a crazy number of bitcoins, and then, all miners corporation will magically agree on the segwit.
Segwit will be a success, bitcoin will skyrocket to $5000, as well as altcoins, miners will have done an easy x3.

I think so . very well written