Topic: Who is selling Bitcoin? - page 20. (Read 2775 times)

Its not like that everyone believes in the fact that bitcoin will keep rising. There are lot many more people who are panic seller and can’t control themselves when the bitcoin price is going up. It could be that fear which drives them crazy and they go nuts selling their bitcoin at higher rates. But always remember the only person that benefits form the bitcoin is the one who still holds when others are selling it.

Also, it is a currency which is being traded freely so there is always plenty room of people where people are just exchanging the bitcoin for the projects, for personal use and for the fiat as well. Not to forget the supply is still big and we are yet to see bigger prices for the bitcoin and people will keep trading then also.

if all just keep hold bitcoin will end because it is depend on demand and supply + in some times we need cash

Maybe these people traders or these people have some financial needs that they sell their bitcoin for fiat money. There are a lot of reasons why they do this but if you don't have any nice reason and important reason for selling, just hold it and wait.

As a seller :
I'm not sell out all of my bitcoin instead I'm sell it partially ,for every $ 1000 increment I sold it for profit or if I want a rush money

As a buyer :
I like to invest bitcoin  every month from my main salary because I believe bitcoin will worth more in the future !

I imagine that those who sell their bitcoins are those who do daytrading

Even people who believe in the coin and its long term project can see opportunities to short and/or sell their coins to get back in a lower price.. It's natural to any exchange based market. Many people end up losing a chunk of their stack doing this without experience though

People sell bitcoin for any number of reasons. While bitcoin has a promising future, it carries some risk. If investors are selling to diversify their assets or convert their bitcoin into tangible items with value, then I can't fault them. Also, some investors may have emergency expenditures that arise, such as family or health problems.

I absolutely agree that, there are many reasons why they sell their bitcoin. Some people sell their bitcoin to gain income and they will buy when the price low and its like buy low sell high and because of that you could earn much income. Lastly, I suggest you must hold your bitcoin than to sell it.

From now onwards no one will sell there bitcoins , From the last One year Bitcoin Price rose by 10X , recently i got a photo of coin capmarket of last year Nov Month



Check the price of all crypto currency and compare with today prices and Think twice before selling your Btc...

At the current Time 40% bitcoin holders saying they will not sell their btc until price rose to 1 lakh btc+

Why you want to sell your bitcoins depends upon the reason you are compelled to do so, its different for different people and its really not an issue rather a personal choice..
If you do have a lots of money and still you decide to sell then for sure you are doing things the wrong way...
I think one should never sell bitcoins entirely rather cash out at various times that one might consider apt.
Time encashment of bitcoins.. not full is something that I believe in.
Thus even I do sell my bitcoins.. timely because of personal reasons.

Fiat is also a bubble, look at the American debt and every time the federal reserve prints more money to increase the debt ceiling that devalues your purchasing power. At least with bitcoin there will always be a finite supply and I see more and more people wanting to buy and hold bitcoin. Of course there will come a time where the price will stabilize and not be so volatile but remember there is that limited supply and as long as demand for it grows, so will the price for quite some time yet anyway.

those who fully understand the system makes some good money in terms of investing with the movements of bitcoin in each timeframe they manage to
gain even a small percentage but with high volume holdings its really an easy money making system for those who really dedicate their time anticipating
the next movements.

I don't believe, can you prove this?

What kind of news are you based, or better arguments, nothing against, but one time I was thinking that it was Bitcoin Miners Manufacturers, but when I was in Shenzhen, I saw that it's really complex to know where is this control. Then I've started to see, that there is a big fight to have this control, specially the big corporations as traditional banks are trying to pushdown the value of Bitcoin, they are trying to invest in another coins or Blockchain Projects to crash the hole system, if you see the comments of these "experts" and look to Ethereum, you will discover the real "darkside" of Ethereum and you will ask yourself how it's possible a strong community as a DASH, just lost the control of the balance of the system. Everything start at the base thing, machine, and the machines are produced in China, but who is taking the profit of this production. And do not forget the big companies of energy sector. I don't know, but one thing, I was completely sure that ETH will close this year around 450-600 USD and BTC will close around 10.000 USD,

If this is a plan, definitely, I don't know, everything start at the production of the Computer Devices, ASIC Machines and etc... the difficulty push this value and the most miners like me lost the coins for cheapest value just to pay the bills. Some guys can invest in some projects, but the decentralized idea is not more real decentralized, the answer is the fork of Bitcoin Cash, who tke the advantage of BCH and why China is completely divided about the future of Cryptocurrency.

I don't know, but anyway, everything about Blockchain is stopped at the margin of traders and credit cards companies. Many coins are going to the conversion, the government, of course, is loosing millions about taxes, and they are trying to say that Bitcoin is something illegal or something from the darkside, etc...

I think this is a big discussion for another post... who is controlling the Bitcoin? - of course with true arguments and no speculations... I think that the answer will not be a coin.  

People selling bitcoin for their need. They sell bitcoin for money. Everyone wants to be a rich man. So they used to sell it.I also sell bitcoin to spend my daily life comfortably.

In reality you can find the people who is earning money in campaigning and the people indeed of money only use to sell the bitcoins.
I see that this normal by seeing the amount money people open a trade with me in the localbitcoins. That value mostly seems like campaign earning only. That is how I am saying that too. Traders will sell the bitcoin when the price bumps up and buy when the value dumps.

Are you joking? I do not see serious investors in here. I see naive dreamers hoping to get rich quick.

People sell bitcoins to trade or to make profit.
Because knowing that cryptocurrency is now exclusive for serious investors, people who have bitcoins get opportunity by selling of it and make profit.
They know that the value of bitcoins is not only in digital, but also in reality.

Question like why change your money to food or another need. Traders, margin trading, bought a low sold higher - that's the answer.

It's like a concept of selling shares or stocks in the Philippines Stock Exchange. 
Bitcoins or cryptocurreny fluctuates its price anytime, like stock the concept of selling it is to gain profit by means of transaction. 
Other people use it as investment which provides a high interest of income rather than investing it in companies.

When any currency reaches $7800 in such a short period,profit booking takes places. Some people decide their targets at the time of making investment. When these targets get achieved they see their investments. People sometimes need fiat cash to settle debts, so they may sell their bitcoins. Some persons do trading in bitcoin currency. So whenever price of bicoin increase as per their expectations they sell it, and whenever the price falls they again buy it. Bitcoin is a volatile currency sometimes its falls sharply, at that time its investors become panic and sell their stock.