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Author Topic: People panics because the price goes down.  (Read 557 times)
letua
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April 18, 2018, 10:44:04 AM
 #81

In my opinion people sell their bitcoin because the summer time approaching. Summer time is all about vacation in some family. So if they are bitcoin holders and no more enough budget then probably they will sell their bitcoin. Yah, fake news and the stop of advertising in other social media have an impact to rush rapidly their bitcoin.
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April 18, 2018, 10:52:18 AM
 #82

Bitcoin price is not related with holidays or season. Its live 7/24 and all depends on market trust.
And looks like people start to trust crypto again and bitcoin price is holding 8000 usd.
This i snice cause if it continue to hold 8000 usd this will lead to 20k soon.

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eaglewhite80
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April 18, 2018, 03:11:18 PM
 #83

This fact is the real, new users are often frustrated when bad conditions have hit the market and they were confused over what to do while FUD's unrelentingly spreading bad news and successfully dragging new users to panic selling.
It is normal to see them frustrated and sometimes we just cannot blame them as no one would see their investment going down hugely without emotion kicking in a little bit, but for those who really understand the market or really just see the dip as an advantage to buy more, they will act based on that knowledge, so at the end, it all balls down to how knowledgeable or ignorant they are about the market, that would help them in their decision making rather than panic.
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April 18, 2018, 09:23:54 PM
 #84

Bitcoin price is not related with holidays or season. Its live 7/24 and all depends on market trust.
And looks like people start to trust crypto again and bitcoin price is holding 8000 usd.
This i snice cause if it continue to hold 8000 usd this will lead to 20k soon.

and nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
lablab03
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April 19, 2018, 07:34:31 AM
 #85

And nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
What are you talking about? Do you mean bitcoin will fall now because of being lack of demand and supply? , i think you're making false pal. If you don't mind please check the price now , 'cause it seems price is stable below 8k until now .
Mr.grin
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April 19, 2018, 09:02:39 AM
 #86

And nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
What are you talking about? Do you mean bitcoin will fall now because of being lack of demand and supply? , i think you're making false pal. If you don't mind please check the price now , 'cause it seems price is stable below 8k until now .
well, it seems that he thinks that bitcoin prices always decrease. but, now the price is going up. maybe some people have panicked when bitcoin prices are declining, but right now, I think they keep the coins they have in a long time.
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