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Author Topic: Who else is panic buying?  (Read 3001 times)
blatchcorn (OP)
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May 15, 2014, 01:52:04 PM
 #1

I am trying to find a buyer for all my gold to free up more cash to put in BTC Smiley
T.Stuart
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May 15, 2014, 01:55:39 PM
 #2

Allow me to help you with that.

https://www.quadrigacx.com/

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RodeoX
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May 15, 2014, 01:57:24 PM
 #3

You might want to take a breath first. Doing anything in a panic will degrade your performance.  Wink

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May 15, 2014, 01:58:27 PM
 #4

I doubt anyone is panic buying right now.
TERA
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May 15, 2014, 02:15:42 PM
 #5

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.
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May 15, 2014, 02:25:19 PM
 #6

panic buying since 2011 Wink

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May 15, 2014, 02:31:13 PM
 #7

I prefer to panic hodl.
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May 15, 2014, 02:33:28 PM
 #8

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.

Maybe we should distinguish panic buying and "panic buying". Buying at points breaking through major resistances is in the latter category. But perhaps the distinction is potato potahtoe

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MatTheCat
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May 15, 2014, 02:45:33 PM
Last edit: May 15, 2014, 03:04:19 PM by MatTheCat
 #9

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.

If............. If............... IF!

I am totally new to EW analysis. But have been following the excellent DanV.  

Last night I tried to make a bullish EW chart which would have $340 low as the culmination of a Dec 2013 - April 2014 Wave 4. I couldn't do it. Any way that I reshuffled the wave counts in a way that conforms to EW guidelines resulted in the conclusion that there must be a lower low, or a retest of the $340 low at the very least....

I also couldn't get the short term bullish/long term bearish alternative to work either, whereby $340 represents the whole of Wave A, which would mean that we are now in the midst of Wave B, and could expect another leg up from here as soon as price breaks. If this were to be the case, then we could perhaps expect a run up to the $700 range before Wave B topped out and from there, it would be a long way down to considerably lower lows than $340 for the final Wave C of the Primary Wave 4.

I doubt anyone is panic buying right now.

No.

Bored and waiting.


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K128kevin2
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May 15, 2014, 02:55:16 PM
 #10

I prefer to panic hodl.

lol...
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May 15, 2014, 03:05:23 PM
 #11

I prefer to panic hodl.

lol...
QUICK! DON'T DO ANYTHING!

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Ultros
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May 15, 2014, 03:07:07 PM
 #12

We're well beyond the panic-zone, but we might be heading that way.
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May 15, 2014, 04:02:57 PM
 #13

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.

If............. If............... IF!

I am totally new to EW analysis. But have been following the excellent DanV.  

Last night I tried to make a bullish EW chart which would have $340 low as the culmination of a Dec 2013 - April 2014 Wave 4. I couldn't do it. Any way that I reshuffled the wave counts in a way that conforms to EW guidelines resulted in the conclusion that there must be a lower low, or a retest of the $340 low at the very least....

I also couldn't get the short term bullish/long term bearish alternative to work either, whereby $340 represents the whole of Wave A, which would mean that we are now in the midst of Wave B, and could expect another leg up from here as soon as price breaks. If this were to be the case, then we could perhaps expect a run up to the $700 range before Wave B topped out and from there, it would be a long way down to considerably lower lows than $340 for the final Wave C of the Primary Wave 4.

I doubt anyone is panic buying right now.

No.

Bored and waiting.




 Cheesy  Me too brother, still got buy order in @ $360  - it's been almost 2 weeks waiting now.

To be very honest, I am considering buying-in near Spot $440  Undecided

How about you mate? Adjusting accordingly or shall we both wait it out together?
bitcoinsrus
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May 15, 2014, 04:08:11 PM
 #14

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.

If............. If............... IF!

I am totally new to EW analysis. But have been following the excellent DanV.  

Last night I tried to make a bullish EW chart which would have $340 low as the culmination of a Dec 2013 - April 2014 Wave 4. I couldn't do it. Any way that I reshuffled the wave counts in a way that conforms to EW guidelines resulted in the conclusion that there must be a lower low, or a retest of the $340 low at the very least....

I also couldn't get the short term bullish/long term bearish alternative to work either, whereby $340 represents the whole of Wave A, which would mean that we are now in the midst of Wave B, and could expect another leg up from here as soon as price breaks. If this were to be the case, then we could perhaps expect a run up to the $700 range before Wave B topped out and from there, it would be a long way down to considerably lower lows than $340 for the final Wave C of the Primary Wave 4.

I doubt anyone is panic buying right now.

No.

Bored and waiting.




 Cheesy  Me too brother, still got buy order in @ $360  - it's been almost 2 weeks waiting now.

To be very honest, I am considering buying-in near Spot $440  Undecided

How about you mate? Adjusting accordingly or shall we both wait it out together?

T.Stuart
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May 15, 2014, 04:08:43 PM
 #15

Real panic buying will start at $465 and again at $480.   At $520, the professional investors and traders will panic buy with big money.

If............. If............... IF!

I am totally new to EW analysis. But have been following the excellent DanV.  

Last night I tried to make a bullish EW chart which would have $340 low as the culmination of a Dec 2013 - April 2014 Wave 4. I couldn't do it. Any way that I reshuffled the wave counts in a way that conforms to EW guidelines resulted in the conclusion that there must be a lower low, or a retest of the $340 low at the very least....

I also couldn't get the short term bullish/long term bearish alternative to work either, whereby $340 represents the whole of Wave A, which would mean that we are now in the midst of Wave B, and could expect another leg up from here as soon as price breaks. If this were to be the case, then we could perhaps expect a run up to the $700 range before Wave B topped out and from there, it would be a long way down to considerably lower lows than $340 for the final Wave C of the Primary Wave 4.

I doubt anyone is panic buying right now.

No.

Bored and waiting.




 Cheesy  Me too brother, still got buy order in @ $360  - it's been almost 2 weeks waiting now.

To be very honest, I am considering buying-in near Spot $440  Undecided

How about you mate? Adjusting accordingly or shall we both wait it out together?


                                                                               
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Wandererfromthenorth
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May 15, 2014, 04:33:03 PM
 #16


LOL
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May 15, 2014, 04:34:58 PM
 #17

panic buying since 2011 Wink

same here. i only pause sometimes when we rally, panic buying below 600 this time.

i am satoshi
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May 15, 2014, 05:40:19 PM
 #18

*brings in coffee, lemonade and iced sweet tea for the porch party*


SO is anybody not necessarily panic buying, but just going hey, why not...and buying?

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
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May 15, 2014, 05:48:08 PM
 #19

*brings in coffee, lemonade and iced sweet tea for the porch party*


SO is anybody not necessarily panic buying, but just going hey, why not...and buying?

I had that move yesterday, i woke up with a nice sun-shine and bought BTC, it's a good time to load more.
serenitys
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May 15, 2014, 05:49:08 PM
 #20

*brings in coffee, lemonade and iced sweet tea for the porch party*


SO is anybody not necessarily panic buying, but just going hey, why not...and buying?

I had that move yesterday, i woke up with a nice sun-shine and bought BTC, it's a good time to load more.

What distinguished you from the "panic buyer"?

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
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