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Topic: Who's actually still selling this? It will be $5,000 - $8,000 in no time (Read 2727 times)

legendary
Activity: 1904
Merit: 1277
People will buy and sell at different points. If you bought cheap you could sell some now and make huge profit, and maybe buy back in later if price drops. But if you bought at ATH then now would not be the right time to sell. Also if you need the money to pay for something, you might cash some out.
sr. member
Activity: 700
Merit: 254
Has the time arrived to see the 5k figure? When would you expect to see this? I reckon by the end of the month! Then only one road to 10k
newbie
Activity: 25
Merit: 0
Not everyone is convinced it will be 5000-8000 - presumably the people who aren't are the ones doing the selling!
sr. member
Activity: 443
Merit: 250
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.


People need to spend, not everybody is in it to make a profit. A lot of wages are paid in bitcoins, for example - signature campaigns. Investors will hold for as long as they can resist, and don't forget that some folks bought their coins dirt cheap.
In recently, the rumor and risk about forks can't make the mentality of trader on market fearing like in past time, because we also know after forks will helps Bitcoin improve it's system and running better than old version. Even this is good reason make many people want buy Bitcoin.
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
There is no guarantee that it will climb to $8000. So you can't blame those who are selling the coins now. There can be numerous reasons for selling Bitcoins. Some people may be doing partial profit booking, after purchasing the coins for $1,800 in July. Others may be facing financial difficulties and so may be forced in to selling their coins.
sr. member
Activity: 602
Merit: 265
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.


People need to spend, not everybody is in it to make a profit. A lot of wages are paid in bitcoins, for example - signature campaigns. Investors will hold for as long as they can resist, and don't forget that some folks bought their coins dirt cheap.
hero member
Activity: 910
Merit: 501
There are alwyas those who simply need the money to pay some bills.
And then there is another group of people who see small decreases in price, get panic and sell.
The second mistake is usually made when you are new to bitcoin.
But with some time you get used to the changes and you get the ability to sit the decreses out.
legendary
Activity: 2814
Merit: 1192
There's still a good chance that the prices will go down in a few weeks or so and people may just need the money they have invested in Bitcoin back
I'm not selling at this point, but if I see another small down trend, I might sell a portion and buy some back when the prices go up again.
You got it right bro, sell low buy high.
Grin Grin
He knows how it's done!
Wait for a dip to start and don't sell at first, because it might recover the next day. When it goes deep enough dump it all.
Now wait for it to keep going up for a while, not a short while because it might be a bull trap. Go all in and hope for the best.
A recipe for success!
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
There's still a good chance that the prices will go down in a few weeks or so and people may just need the money they have invested in Bitcoin back
I'm not selling at this point, but if I see another small down trend, I might sell a portion and buy some back when the prices go up again.
You got it right bro, sell low buy high.
legendary
Activity: 3080
Merit: 1500
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.

True! recently before the SegWit, when the price correction was happening, many people have started thinking negative about bitcoin and started selling bitcoin. I am sure they regretting deeply now. I strongly believe that bitcoin will reach 8k USD by the end of this year specially when the positivity is high around bitcoin.

However, you will always see some negative people in the market who will try to discourage you  from bitcoin because they don't like other people to become rich. Avoid those people and buy bitcoin. Reward will be huge in near future.
member
Activity: 112
Merit: 10
Why do you sell ?? There are many reasons why selling ,,, you can buy when prices are still down. And sell when the price starts to rise. That way they can benefit a lot. Maybe they also sell because they need money. But instead you save your bitcoin and not sell it. You better hold it until the right price rises .. and make you get doubled profits
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.
Heaps of reasons why and i'll just dump them here for you to read
-A person could be need for some money, for example my PC broke so I had to sell a bit of bitcoin just to fix it.
- Someone might cash out partially, say you have 5 bitcoin, and you sell one for peace of mind, and you hold the rest.
-Price is hard to predict and people may just sell now since it is too stressful for them m
hero member
Activity: 2184
Merit: 531
Started selling at $4200 and will continue to $5000. Then will buyback on the correction ($3500) after the SegWit activation dump. $8000... perhaps in a few years...
After segwit activation it's going to go up like crazy. Dump all you want there will be buyers waiting for your coins.


If bitcoin gets the proper upgrades and confirmation times speed up, and transaction fees drop, I can see it reaching $10,000 easily within two years. The 21 million theoretical cap makes bitcoin very scarce compared to other cryptocurrencies and fiat money. Also, many bitcoins have been lost forever. The sky is the limit as cryptocurrencies reach the mainstream.

I agree. In time we'll have less and less Bitcoins because people will keep losing them, it's human nature. With rising demand and more people wanting to invest and decreasing supply there's only one way the price can go.
hero member
Activity: 756
Merit: 500
If bitcoin gets the proper upgrades and confirmation times speed up, and transaction fees drop, I can see it reaching $10,000 easily within two years. The 21 million theoretical cap makes bitcoin very scarce compared to other cryptocurrencies and fiat money. Also, many bitcoins have been lost forever. The sky is the limit as cryptocurrencies reach the mainstream.
With the increase in demand and limited supply, the price of bitcoins is rising up day by day. I would like to cover all the details but the punch line is the transaction fees will not decrease and it will be also not a heavy amount obviously. Also, the rate at which the value of bitcoin is increasing will definitely result in 10k dollars within next one year or so.
sr. member
Activity: 868
Merit: 281
If bitcoin gets the proper upgrades and confirmation times speed up, and transaction fees drop, I can see it reaching $10,000 easily within two years. The 21 million theoretical cap makes bitcoin very scarce compared to other cryptocurrencies and fiat money. Also, many bitcoins have been lost forever. The sky is the limit as cryptocurrencies reach the mainstream.
hero member
Activity: 672
Merit: 500
Unless the bitcoin holders really need the money or are afraid of a dump, I can't imagine why anyone would be in a hurry to sell when it's going up like this.
Including me, yesterday I've sold some of my bitcoin, because I think bitcoin has found its highest point this month. But it turns out I was wrong, I see now it has touched $ 4300 +. The price is very difficult in the current prediction. This is very surprising
jr. member
Activity: 49
Merit: 1
Maybe coz this perpetual grow look too good to be true and it will crash hard very soon
I've been in this game a while, I do expect a price dip to 3700 but not a dramatic crash below $3000.

I strongly believe this is a grand play by the market Gods.  Ugly truth and flaws of this limited circulation model. Its BS , to believe the sudden spurs are due to sudden demands.

The more i watch, the more it looks like the game. Just that it is played by different market Gods, in stead of Govts playing the fiat.
legendary
Activity: 3472
Merit: 10611
there are always going to be traders who are buying the dips and selling the tops and each day there are dips and highs to buy and sell. other than that as others mentioned it is not so bad to sell a small amount to take the profit. this rise is getting so wild now, at some point it will become a bubble because it is not completely natural to have a rise this big and this fast.
hero member
Activity: 1932
Merit: 504
i keep selling my coins a little by little, saving some for now and wait for better price, when price up i will sell some and save the rest and keep trading to get profit
full member
Activity: 961
Merit: 110
SweetBet.com
Unless the bitcoin holders really need the money or are afraid of a dump, I can't imagine why anyone would be in a hurry to sell when it's going up like this.
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