Topic: Why do you people sell at these price? - page 2. (Read 4536 times)
with all those big merchants / paypal enabling rich btc hodlers to spend their coins, price shall fall, until btc demand increases, such as Circle enabling world population to acquire btc easier than before, or grassroot people start seeing the point of btc by the more widespread acceptance of merchants/paypal/ebay/whatnot and start cashing fiat in for some coins.
Because Bitcoin is dropping and likely will continue it's slow decline for the foreseeable future.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
btc is headed down in the near term, too much selling pressure by means of new merchants accepting btc, but instantly converting to fiat. No real new use by the general public. Once these merchants initial acceptance levels out, btc should slowly begin to climb up. then people should start buying/feeling bullish again
Yes, exactly. Look at the past 6 months. There has been a very steady decline with no real increases since the $1000 bubble. Ever speculator that was interested in bitcoin is already involved. And without signs of the price reversing, despite good news, they are slowly pulling out to cut their losses.
I'm a big bitcoin believer and still I sold all my coins in the past couple of weeks (save for a few). If there is a turnaround, it won't be for a while.
If the winklevoss etf goes live and people start adding bitcoins to their retirement plans that could mean a turnaround for bitcoin. But as of right now bitcoin has not been a good investment this year and that is looking unlikely.
You also have to remember that every day 1.35 million dollars are mined. The market needs to grow at that rate just for the price to stay stable!
There's no guarantee that price ever recovers. I think many are beginning to doubt there will ever be a new ATH. That the moon rocket will ultimately fail to launch and that this is the best price they will see for their coins. For someone who is all in, there would be at least some motivation to sell some now if they believe the above is possible. This is specifically why I chose to invest only what I could afford to lose entirely, because that makes it easy to hold through the despair phases that typically precede bubbles.
some sell bcoz they need cash
and others sell just bcoz they are afraid that what if price dropped more,
and others sell just bcoz they are afraid that what if price dropped more,
Because Bitcoin is dropping and likely will continue it's slow decline for the foreseeable future.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
btc is headed down in the near term, too much selling pressure by means of new merchants accepting btc, but instantly converting to fiat. No real new use by the general public. Once these merchants initial acceptance levels out, btc should slowly begin to climb up. then people should start buying/feeling bullish again
Because Bitcoin is dropping and likely will continue it's slow decline for the foreseeable future.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
No one knows where the bottom is and its likely we haven't hit it yet.
Last week we had some HUGE news with paypal announcing that they will accept bitcoin. Bitcoin immediately jumped $40 on to settle back into its slow decline the next day.
If news like that can't end the decline, then not much will.
Bitcoin will go up again, but there are no signs that it is going to be in the near future.
Best bet is to sell now and buy back in at the bottom, which could be as low as $100, maybe lower.
mostly because those who selle are scammers, and wallet stealer, and now the trend is just "sell sell sell", so everyone(not smart enough) will follow the pattern
those who have "weaker" hands than me , (i have not sell any btc so far, from 2013 March) , is far more in better position than me ,
if somebody have listen to for example fallllling user and "scared" they are all in better position now than those who hodling like me
they can buy back lower and accumulate more coins
so who is the smarter ? who dumping at from $450-680 or me who is hodling? (who is following or going against the market?) and now cant buy back lower
i would be happy now if somebody could scared me so much at price range $500-$680 that i panic sell 50% of my btc
mostly because those who sell are scammers, and wallet stealer, and now the trend is just "sell sell sell", so everyone(not smart enough) will follow the pattern
Sometimes people sell on the way down because they believe the price will be even lower in a week, or a month. I sold some bitcoins at $1k when this forum was full of cheer squads claiming $10k was the next target. Why did I sell? Because I believed the price was 'good enough' value.
I would like get an insight into why people sell their BTC at these prices? In order for the price to go down, there needs to be somebody willing to sell. Since dumping at these prices is a REALLY, REALLY stupid thing to do, I would like to know who is so smart to sell at these prices and why? Are you people allergic to money or what?
Maybe they bought much under 400 USD. And they expect they will have chance to buy cheaper then 400 USD to buy once again.
Won't sell right now, but I do think I'll sell in next mini-peak because this is going down, longterm.
because if you look at the charts bitcoin looks finished... Services like bitcoinwisdom should start serving charts in log scale by default 
I've got just over 10 BTC.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
in 2011 i bought 100 coins for $ 3000 right at the top of the most epic bubble ever. prices fell for 18 months. even now, at a very desperate phase, when people say btc is dead, i still made more than 1000% profit. stay strong. it will pay out.
i am strong, and i am weak too, i think it will go lower , so it is time to me accumulate more coins, sell now (about 370) and buy back later
(i dont care if i will lost 5%-15% (buying back higher, if i am not here at the jump) ,
but i wont sit on my ass any more (i think 8 month was enough about it ) and watch btc going lower and lower without any reason despite of good news
how many times i say to myself it wont go lower , it cant go lower, 5-10 times ? )
People don't want to face the facts but we are currently playing a game of Musical chairs.
How many of you want to truly exit the market and how many are in it to accumulate more coins?
The reality is that it is impossible for both you and the guy who shorted/sold at the top of the bubble to increase your holdings unless there is someone else who eventually loses out.
It is wildly amusing to see predictions of double or single digit coins. With the current acceptance at larger retailers a market cap that comes with single digit coins makes bitcoin virtually useless.
Any larger purchase would completely screw up supply and demand as a significant portion of coins would need to be involved. If that happens bitcoin HAS failed because to get there you would have to unwind a large portion of user adoption.
Is it impossible to go there? not at all. But if it does happen the party is most likely over.
Agreed with your main point in principle (if price would go back to single digit and stays there, pretty much every proposed usage case of Bitcoin can be considered failed), but I disagree that *hitting* single digits (which I don't expect either) would be a death sentence, or sign that crypto failed. Panic driven momentum could bring us into a range that is not motivated by the fundamentals, and the market should quite clearly and obviously to the observer reject that price region. In that sense, going even to single digits isn't a problem per se: if the market would take that a clear reversal signal (again, I don't think we will hit single digits, and double digits aren't much more likely either. Back to $200... possible, otoh.)
I've got just over 10 BTC.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
in 2011 i bought 100 coins for $ 3000 right at the top of the most epic bubble ever. prices fell for 18 months. even now, at a very desperate phase, when people say btc is dead, i still made more than 1000% profit. stay strong. it will pay out.
i am strong, and i am weak too, i think it will go lower , so it is time to me accumulate more coins, sell now (about 370) and buy back later
(i dont care if i will lost 5%-15% (buying back higher, if i am not here at the jump) ,
but i wont sit on my ass any more (i think 8 month was enough about it ) and watch btc going lower and lower without any reason despite of good news
how many times i say to myself it wont go lower , it cant go lower, 5-10 times ? )
People don't want to face the facts but we are currently playing a game of Musical chairs.
How many of you want to truly exit the market and how many are in it to accumulate more coins?
The reality is that it is impossible for both you and the guy who shorted/sold at the top of the bubble to increase your holdings unless there is someone else who eventually loses out.
It is wildly amusing to see predictions of double or single digit coins. With the current acceptance at larger retailers a market cap that comes with single digit coins makes bitcoin virtually useless.
Any larger purchase would completely screw up supply and demand as a significant portion of coins would need to be involved. If that happens bitcoin HAS failed because to get there you would have to unwind a large portion of user adoption.
Is it impossible to go there? not at all. But if it does happen the party is most likely over.
miners dumping new coins to pay cost and with each drop it gets harder to find the couple of 100k needed daily to absorb those coins as average joe sees year long decline and thinks scam/ponzi
dont you think that some of us need cash ? and selling just for that.
I've got just over 10 BTC.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
in 2011 i bought 100 coins for $ 3000 right at the top of the most epic bubble ever. prices fell for 18 months. even now, at a very desperate phase, when people say btc is dead, i still made more than 1000% profit. stay strong. it will pay out.
i am strong, and i am weak too, i think it will go lower , so it is time to me accumulate more coins, sell now (about 370) and buy back later
(i dont care if i will lost 5%-15% (buying back higher, if i am not here at the jump) ,
but i wont sit on my ass any more (i think 8 month was enough about it ) and watch btc going lower and lower without any reason despite of good news
how many times i say to myself it wont go lower , it cant go lower, 5-10 times ? )
I've got just over 10 BTC.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
in 2011 i bought 100 coins for $ 3000 right at the top of the most epic bubble ever. prices fell for 18 months. even now, at a very desperate phase, when people say btc is dead, i still made more than 1000% profit. stay strong. it will pay out.
I would agree with you, but this is never a certainty. There's always going to be a peak at some point which it will never return to. You also must remember that the previous btc high was likely due to fake trades resulting from the gox fiasco which artificially inflated the price so it's possible we may never see those prices again, but I hope this isnt the case.
I've got just over 10 BTC.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
I'll be honest, I bought most of my coins at around 600 USD, I'm not happy right now, every day the price seems to go down lately.
I don't have any desperate need for the money now, I know it's a long game & I will hoard for years but it's looking pretty shit right now.
in 2011 i bought 100 coins for $ 3000 right at the top of the most epic bubble ever. prices fell for 18 months. even now, at a very desperate phase, when people say btc is dead, i still made more than 1000% profit. stay strong. it will pay out.
being sure of where this market is going is not that bright either
and yes, i call myself on this too
and yes, i call myself on this too
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