Topic: What is going on, who is selling at these prices? - page 3. (Read 2094 times)
Be sure that at the current stage some people had bought their bitcoins at 250-300 dollars even at 500-600 and some of them are just getting their profits selling, bitcoin does allow anyone to make money as long you build and set your strategy. Some people may be leaving bitcoin after the big drop from 1100 to the current values, it wouldnt be the first time some investor moves out bitcoin, but i believe this are the whales that does wanna cheap bitcoins, and later they can pump again bitcoin easy.
Stresful plp who try to get out of ship before it sink, at least that what they think
There are plenty of reasons to sell. 1. You just suddenly need as much as possible money now for some operation or something else. You don't care if it's a good time to sell now, you just do. 2. People who are quite new as the OP said. They think that $800 is a very good price for some numbers. 3. People can be in panic. Even if one knows that he needs to wait and he'll get his money back he just can't stand the possibility of it all gone. $800 is a lot better than nothing or than $200 (the sum to which btc dropped the last time it cost $1k).
I just dont get it. 
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i think the has got panic situation when they see that bitcoin is going down to deep and they don't want to hold bitcoin any longer so they decide to sell their bitcoin in $800 or below. maybe they bought bitcoin in high price so when the price is down, they don't want to get loss so they sell the bitcoin too fast.
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
Yes people are keeping dumping the coin and giving all bitcoins to chinese people, and people who don't have patience are selling them at low price. This makes the price even getting lower and lower, really big whales are playing games with bitcoin because if they suddenly down the price people will impatiently sell their coins now it is happening right.
or They have heard some bad rumors from china so that
Thry are chinese and You are cutted out in question about why they buy or sell BTC for the language and cultural difference.
Just start to eat rice noodles and baozi.
You have no idea about BTC flow in chinese world comunity.
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
I guess the simple answer to that is because every one cannot think like you and the market is a perfect market with free entry and free exit coupled with the fact that the volume you have been able to gather over the years you have been involved, is not enough to dictate the terms and trend of the market. But I will want to believe when the price is on the high side you wont be asking this same question. Its a matter of time for things to normalise itself...
Maybe some investors have good profits from holding in early of 2016 or They have heard some bad rumors from china so that They must sell for their profit or cutting down losses for buying with high price . That is a good condition for us to buy more cheap bitcoins.
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
They are probably thinking better to sell just below $800 than just below $700.
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
People are impatient they don't want bitcoin be on the price of $1500 when bitcoin hit $1200 they start selling their coins and never pump it again they start dumping bitcoin and trying to buy again, I know that this will happen again this happen again last last year where bitcoin hit the price of speculation and the prediction is bitcoin will fall. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
if you've been using and buying bitcoin since 2012 then you know the overall tendency of price remains. weren't you here when bitfinex got "hacked"? FUD makes price drop, wait a few days, then price continues to move up as it has for the last 3 years.
Just calm down this selling may end soon. And we will going back on the right track. Profit takers are making the price to go down, andnafter that buying time is next and the next target is 1500$. 
Those people who are selling at these prices are those who don't know much of bitcoin. They can be manipulated to sell easily by spreading fud information or by a whale dumping all his/her coin followed by a chain reaction sometimes which cause to many more dumps and the whale buying up all those sold bitcoin. It might be some possible scenario though it might be that the Chinese are the ones selling their coins now.
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
The ones who are selling now are the ones who have little to no knowledge on bitcoin. Many of them bought in at the top, because everyone was hyping in media that bitcoin would rise to 10,000$+. Now they see that bitcoin isnt some moonrocket and it has its swings. They are afraid of it going to 0 and them losing their investment so they sell.
Some whales might be manipulating the market too, you cannot ever know. If you had lot of btc, you could drive the price down and buy more coins at really low price.
If you had example 10000 BTC, you would try to drive the price down too right to gain more?
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
The ones who are selling now are the ones who have little to no knowledge on bitcoin. Many of them bought in at the top, because everyone was hyping in media that bitcoin would rise to 10,000$+. Now they see that bitcoin isnt some moonrocket and it has its swings. They are afraid of it going to 0 and them losing their investment so they sell.
so i understand the ups and downs in price
If so, why You asking?
People fix profits loss.
This is aganst Your Religion to be marry with BTC.
Case 1= Not everyone owning Bitcoin bought it for money. Many just work online, get their incomes in Bitcoin and exchange it to cash on regular basis.
Case 2= Suppose, you bought Bitcoin last year when it was $500. You were holding it till now. But as the fear of price decrease, you are ready to sell it now for even $700 !!
You can't stop anyone from selling or buying Bitcoin. Bitcoin is user-specific.
Case 2= Suppose, you bought Bitcoin last year when it was $500. You were holding it till now. But as the fear of price decrease, you are ready to sell it now for even $700 !!
You can't stop anyone from selling or buying Bitcoin. Bitcoin is user-specific.
the people who in need of money and those who's trying hard to get profit from short term trading. if there's none of people are selling bitcoin then it might be seemed really strange then because a normal market must have buying and selling activities so it will be balanced, and probably people who desperated because of the price falling also contributing on this high supply of bitcoin to be sold
There are many newbies in the bitcoin world who bought bitcoins first time in his/her life, without the knowledge how to trade, they are panicking now because price went down. But this is not problem next month price will be 1000$ again, or maybe in a few days
I just dont get it. i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800.
is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
i have been in bitcoin since 2012 so i understand the ups and downs in price. i have also been acquiring bitcoin since then. but i just dont understand the how people can still be selling at below $800. is it just people who are recent into the market ? i thought it was abit early for ATH last week but i didnt expect a pull back to below $800.
what ya thinking?
in my opinion it is because how exchanges are like today.
there is an orderbook which is still thin and because of that a whale can cause panic and others join in when they see the opportunity and sell to help the panic then they buy back at the bottom.
you see, traders who are only thinking about more fiat love a volatile market and the more swings it has and the bigger they are the more they can earn.
if those who bought bitcoin stop listening to fake news and stop giving their coins to the whales buy orders price won't swing this much.
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