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Author Topic: Recent Selling Outweighing Buying in Cryptocurrency :(  (Read 1553 times)
Davidbike1 (OP)
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November 20, 2018, 12:46:55 AM
Last edit: November 23, 2018, 03:04:45 AM by Davidbike1
 #1

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent.
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November 20, 2018, 12:53:49 AM
 #2

I wouldn't say "nobody is buying them".  But I am sure a number of people are waiting for a likely bottoming out in price when they should be buying a certain amount every month regardless of price.

HODL is the key to wealth
bitfocus
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November 20, 2018, 12:58:52 AM
 #3

you have very wrong idea about crypto and crypto market, my friend!
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November 20, 2018, 01:24:01 AM
 #4

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 
Still have people see the potential of bitcoin and cryptocurrency. i still join and stay with crypto world. The one who can hold and wait, i'm sure they will be rich soon. Just wait.
jeromix
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November 20, 2018, 01:35:46 AM
 #5

You are wrong there are many buy orders for bitcoin but it is just a minimal compared to those who sell their bitcoins. Probably those who sell bitcoin are huge holders for bitcoin and definitely had move the market price as seen in the coinmarketcap.com website. For now just continue to believe and risk everything if you wish to earn more in the near future.

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November 20, 2018, 01:52:07 AM
 #6

Nobody is buying? I'm not sure if you are just blindly looking at the exchanges buy/sell orders. If nobody is buying right now then the price won't even stay @ $4,800. Don't have that misunderstanding that just because the prices are going down, you'll estimate that no one is buying.

Every dip, there's a lot of buy orders that are having this signal on when they should start buying. Investors aren't gone of their minds if they are selling out of panic, they are rushing just to sustain their losses and this is the normal scenario when plummet triggers.

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November 20, 2018, 01:54:39 AM
 #7

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 
don't worry, i bought some and keep it on my hard wallet. i want to sleep along time year. and when i am open my eye, bitcoin price become to $20K and buy some lambos

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November 20, 2018, 01:54:55 AM
 #8

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 

People that panic like you are the reason why we're on this stage. Calm down and just keep using crypto. Bitcoin along with altcoins will only die when we stop believing and using them.

Reality is the only thing that is real.
Davidbike1 (OP)
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November 20, 2018, 02:10:52 AM
 #9

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 

People that panic like you are the reason why we're on this stage. Calm down and just keep using crypto. Bitcoin along with altcoins will only die when we stop believing and using them.

I am one of the most bullish in this sector as they come. I am all in cryptocurrency. I am heavily in cryptocurrency related stocks and in my ira. I even started margin on poloniex a few months ago, but I am getting deeper in the red.
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November 20, 2018, 02:23:28 AM
 #10

why are you surprised? it is still expensive to buy crypto now as compared to 2 years ago. prices were inflated,  now they are correcting and there is no limit of how LOW they can go , don't get me wrong i am sure they will go pass ATH but not soon, the worse is yet to come. 3500-4000 is very likely the best scenario for this major correction in my opinion.

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Davidbike1 (OP)
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November 20, 2018, 02:24:29 AM
 #11

And I have done what I could to support cryptocurrency. I
Commented twice on the Sec board to help approve the CBOE ETF.  On October 11 and July 11
https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm
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November 20, 2018, 02:27:28 AM
 #12

Aaaah, the capitulation.
Keep 'em coming.
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November 20, 2018, 02:28:56 AM
 #13

Pheww sigh I can't believe there is still more selling than buying at these price levels.  What is going on?  Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped.  Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 


Nobody is buying , because they all expect the price to go much lower,
and if it goes to low, they won't buy because the coin network could fail if certain prices are not maintained.

A Dead coin network is worth nothing to anyone.

FYI:
The Bch Hash war is affecting btc greatly as it's hash rate is also dropping.

I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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November 20, 2018, 03:00:50 AM
 #14

It still seems to be waiting for a lower decline, still thinking prices will fall again. Since capital has not been collected, it cannot be bought yet. Actually, you want to buy, but the capital is minimal, who knows the price of btc will turn again so that there is enough capital to collect btc. Hhh ...

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November 20, 2018, 05:43:53 AM
 #15

Believe it buddy. There's the period of buying, don't you remember last year? Prices were going up and up and up and still people were buying. We had useless tokens selling for so much, tokens nobody was using but were selling like hotcakes. And now this is the period of selling, where nobody cares about the value, they are just following the lemmings and selling because they are afraid. Get used to it Smiley

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November 20, 2018, 05:53:42 AM
 #16

When last have you checked the buy orders on the exchanges? There are a lot of people buying at the moment, but the price is determined by two factors, which is supply and demand. The problem is that more people are selling than people who are buying and that is pushing the price down.

When people like CW and Roger Ver starts to flush money <BTC> down the drain to fuel their ego, then you see a situation like this. They provide the spark to light the panic fire. Remember these people never sold their initial BTC when there was a fork, they just held on to it. <They got an equal amount of FREE BCash coins, so they did not even have to buy their hoard of BCash>  Huh Roll Eyes

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November 20, 2018, 06:05:35 AM
 #17

I think you are wrong my friend because your statement is wrong, many people are buying bitcoins and making good profit but now it has little bit decrease in price. and this is also good time to buy coins.
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November 20, 2018, 06:20:53 AM
 #18

Bitcoin cash caused the current crash most likely and I don't think we will see any kind of reversal for quite sometime now. Every coin and token is crashing hard and it looks like Bitcoin may go down to the $3k level while Ethereum may go below $100 before this year ends. 2018 has proven to be the complete opposite of 2017 clearly which is why I would avoid investing any amount into this volatile market for the rest of this year. Everyone are looking forward to 2019. Hoping for a lot of positive news so that the market can rally again in some form or another.

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November 20, 2018, 06:23:22 AM
 #19

I will like you to show us evidence to proof that nobody is buying cryptocurrency. No matter how low the price is so many are seeing it as a golden opportunity to buy. This is opportunity that will never come back again.
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November 20, 2018, 06:23:50 AM
 #20

Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them. 

Shitcoins dont store value.

Bitcoin is being devalued currently and will decline while the shitcoin holder's go broke.

Then Bitcoin will have money coming in again by people that want to store value in a decentralized protocol with limited supply.

People "investing" in shitcoins will continue to leave while they lose money and the scammers that sold them shitcoins go broke or hide from authorities.

There is no value in shitcoins because they aren't bitcoin.


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