Topic: Germany Selling of 49,858 BTC Cost them Huge Profits (Read 318 times)

Yep - they did it and nobody would stop them.
We are in for the most interesting period on the market itself, thus, we shouldn't mourn or trash talk the Germany for why it did so with its BTC - after all, it was seized.

Funny to say. Why would anyone of us be in confusion over an entity selling off their huge amount of Bitcoin as that of Germany when we know that FOMO is a reality to enthusiasts who are not emotionally fit to withstand a market Downtrend after just an Uptrend.

It is also unnecessary taking that Germans decision personal to ourselves because nomatter how good with are on holding our Bitcoin assets for a long time, there must become a day to sell off.
The goal is basically how we can make profits and not selling at lost.

Also, we need to understand that no holder can get to the peak of taking a maximum profit on Bitcoin in cordial to say that Bitcoin has reached it volatile elastic point.
We all must not sell at same price.
Perhaps, it is stated obvious that they have made a huge amount of profit even at their wells at $53K.

Remember we are potential to break ATHs in this season. That is to say even those would may sell at $90K are not selling at a maximum price because we are anticipating to hit not less than $120K ATH at the end of the bull-run.
So, don't get them blame over the sell at such rate. Although I can relate that if they have hole a bit long, they would had sold at higher price to make bigger profits.
But the fact remains that... They did not sold at lost because they account a huge amount of profit made.

Yep - it was done totally due to regulations.
They couldn't continue to hold these because they were confiscated.
Case closed.
 

Holding or selling these confiscated bitcoins and when do their sales are all big questions. It can relate to existing law in that nation, like after seizing bitcoin from criminals, how long will government need to finalize that case and will sale these bitcoins. I don't know about existing laws in the Germany on it, so I can not say, but it is possibly one of reasons.

Other reasons can be government didn't have belief that Bitcoin will rise more, so they went ahead and sold these coins at prices they saw as good.

Although those bitcoins are seized but they sold those coins at a relatively low price. If they had kept it for a while longer they could have made more money out of it. The point here is that they may not have trusted Bitcoin. They thought that the price of Bitcoin could fall further where they would have the potential to lose. But it is not that they do not expect more profit. I think in the future the government might change their mind about Bitcoin. If again when they buy bitcoins or in any way they own bitcoins they will try to hold them for a long time.

Everyone who sold Bitcoin even 1 month ago is now regretting. Last 30 days ago Bitcoin price was around $68,000 and in just one month the price per Bitcoin stood at $92,000. In the case of Bitcoin, it is definitely possible to get better returns if some one can hold it for a long term rather than a short term profit plan.

It is not their right and if the German government sells the Bitcoin at any price, they will not lose or regret, because the Bitcoin came from the confiscation of German and Polish citizens who were associated with a pirated movie website called ‘Movie2k‘. And I think if the Bitcoin belonged to the German government legally for investment purposes or something, I don’t think they would have sold it so quickly because the government is much smarter.

And according to the news the reason they sold it was for legal reasons and the authorities should not have waited for the price of Bitcoin to rise to sell it, they should have sold the asset as soon as possible. And besides, the funds from the sale of Bitcoin will remain withheld until the investigation is complete and cannot be considered as state revenue.

From this issue I do not see the government’s stupidity in selling Bitcoin too quickly or not understanding Bitcoin, and they did it because of the law.

They didn't see it as an opportunity to hold what was seized already - so they got rid of it.
Nothing more, nothing less.

Germany's decision to sell 49,858 BTC at $53K Which should probably around ($2.64B) instead of waiting for higher prices like our current ($90K+) kinda sparks debate. The fact is if you should calculate, the sale missed potential additional profits of about $1.84B. there are a couple of factors that affected the decision likely regulatory requirements, financial goals and market uncertainty.

The fact is even as a retail or individual HODLERs compare to governmental bodies too, Identifying optimal sell times can be quite challenging. The idea behind the motive probably could have been that if bitcoin are fallen below that price then it would be in much bigger losses that if they even bought the Bitcoin in the first place.

Yeah, that's what I agree on - it was done due to regulations, and they couldn't take a step left or right - thus, it was all made how it was made.

They seized these BTC - so they weren't losing anything, in fact.
And they wouldn't be able to do something else with them due to how they acquired them, probably. 

When they sold those Bitcoins, they clearly weren’t thinking about its potential future increase. They had to follow strict laws requiring seized assets to be liquidated promptly to avoid any depreciation in value. Currently, the country doesn’t buy Bitcoin at all. The only Bitcoins they’ve held are the ones they seized, and those were sold back when the price was still $53,000.

Since governments don't believe in Bitcoin, they probably didn't expect the price to go up this much, they want to sell it at any price so I expect they don't care much about the price when deciding to sell their confiscated Bitcoin, they want to get rid of it anyway and make some extra profit for the state treasury.

I don't know if they regret their decision now that they've seen the price Bitcoin has reached, maybe this is a good lesson for governments to know the value of Bitcoin and keep it as a strategic reserve for the future.

Just because Hitler started World War II doesn't mean all Germans were bad people and that's in the past, things have changed a lot. It would be a bit extreme to recall what Hitler did and criticize the current government, because the two have nothing to do with each other.

Also, it is naive to think that they need to invest and hold bitcoin to make a profit and that it will bring huge benefits to their country. They are one of the 4 countries with the largest economy in the world, Germany's annual GDP is up to 4 trillion dollars, do they need to hold bitcoin just to earn a few billion dollars? This is a large amount of money for an organization or individual, but for the German government it means nothing.

The government's mission is to focus on developing the country, boosting the economy and bringing prosperity to the people, not focusing on high-risk investments like bitcoin. Bitcoin has real potential but it is not so attractive that countries need to depend on it, we should be realistic.

It serves them right! They don't deserve those massive gains with the massive genocide that fostered from their country under Hitler I don't care how long its been. That shit was evil and I am fully convinced that had to do with Karma. Anyways, who cares if Germany lost out on huge gains on bitcoin anyways? Its funny because after all this that has happened they're probably right back in line to buy more lmao.

This information implies to those who feel the need to sell even when they’ve not gotten much, selling at this price now sounds good IMO probably who knows what the price has in the future regardless everyone should go for what’s perfect base on their opinion. Their lose no doubt or they failed to exercise patient, that’s why bitcoin investment is not for quick gains and those who chase after quick gains regret at the end. They had their reasons and with the current ATH bitcoin might surpass $93k it’s a matter of time secondly if they start investing now they’ll have to wait for another circle including newbies.

I will not blend them because at the point they sold their Bitcoin bitcoin was a bit high so I believe that that is the reason why they sold their Bitcoin, they never had a mind that Bitcoin will increase to the extent that bitcoin will get ninety-two to ninety-three thousands [92k/93k] so even those people that is opportune to hold their bitcoin till date those people have experienced this before and they have knowledge of Bitcoin increment and they also decrement so some people is just been lucky to meet this opportunity because I know quite well that is very hard to hold bitcoin for long time or any coins for period of three to four year... I believe that at the time they sold their Bitcoin they also made the a huge profit that makes them or motivate them to sell their bitcoin at that time.

Exactly! After subtracting the cost of prosecuting the criminals, everything after that is pure 'profit'.

Regarding a gov entity holding/selling like a trader with focus on maximizing 'profits': They do not work like that. They have legal procedures in place that dictate when seized resources are sold. Timing seizure sales with the aim of increasing value does not enter into it.

Well, it is true that they could have earn more money if they have waited longer but we can't predict that it will reach 90k since during that time the price doesn't move much when it was around 50k. Anyway, if they have bought it at 50k and sold it higher than the price they bought then they will earn a little profit but since it is not bought by them so no matter what price they are going to sell the btc is that it's still  a profit for them since it is a seized btc and not bought by them.

It is not their loss but their profit, they did not lose selling at that price because they did not use their money to buy the Bitcoin. It was like an airdrop to them although they seized the Bitcoin. When someone received an Airdrop and decide to sell, if they sold before the Airdrop got higher, will you say they lost, no. We can only say they did not get the most profit because they sold early. The German government are not interested in Bitcoin. They have other things that they do for profit and Bitcoin is just small for them. We are just the ones happy about the profit from Bitcoin because we do not have the type of money that the government have. The German government can print money anytime they want therefore they are not interested in the profit we think, they would have gotten.

What you said is true and I also read about this news at that time. After the German government sold all bitcoins and caused panic in the market, they also spoke up about the reason for selling bitcoins and that they were only complying with the laws and constitution of the German government. They have no intention of panicking the market nor do they intend to speculate to profit from the confiscated bitcoins because German law does not allow that.

Also, let's say they are a bitcoin investor and there is nothing wrong with them selling their bitcoins at that price as long as that is their goal and they are happy with that profit. Every investor has their own goals , just because they sell early and make little profit doesn't mean we are better than them .