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Topic: Why people sell bitcoins? - page 67. (Read 9911 times)

legendary
Activity: 1372
Merit: 1008
December 04, 2017, 10:39:59 PM
Maybe they do not believe in bitcoin, or maybe they have a word of sale, if you buy bitcoin at $ 500, and now you have 20 times the amount of money you invest.
Everyone has their own reasons why they sell their bitcoin and do not wait any longer for a higher price. probably because they already get the target price he wants or he has a need to be paid and other reasons. each user has their own reasons dude
legendary
Activity: 1442
Merit: 1008
December 04, 2017, 10:36:59 PM
everybody selling bitcoin has their own reasons, there are those who think already earn enough profit
then some are selling bitcoins because the inevitable need is forced to sell them
for short term people do trading that's why they are buying and selling bitcoin continuously. and for the long term people keep holding on it but whenever they see market move unusual like a support to bearish then they follow the panic selling as they didn't want to see their money value decreased too much. yeah they are scared and don't want to take that risk usually.
member
Activity: 308
Merit: 10
December 04, 2017, 10:35:55 PM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
people  of course people needs money so they need to sell it like buying some gadgetds and etc. and some people sell their bitcoins becausse the panic? because sometimes the value of bitcoin decreased so thats why they thought that bitcoin will going to die.
member
Activity: 245
Merit: 10
https://keepcalm.finance/
December 04, 2017, 10:33:15 PM
Maybe they need money then they sell bitcoin, some sell to get bitcoin back, that is by way of trading.
member
Activity: 154
Merit: 10
December 04, 2017, 10:18:15 PM
Maybe they no longer trust bitcoin, there is a lot of bad news around bitcoin. And they want to be sure about their future. It is easy to understand if you do not believe in bitcoin. Of course you will sell
full member
Activity: 518
Merit: 100
December 04, 2017, 10:16:28 PM
everybody selling bitcoin has their own reasons, there are those who think already earn enough profit
then some are selling bitcoins because the inevitable need is forced to sell them
full member
Activity: 658
Merit: 102
December 04, 2017, 08:23:38 PM
A cryptocurrency like bitcoin can be use to any kind of online transactions if the holder need to sell it. When bitcoin price is high maybe after several all-time highs, people has the tendency to sell it to make profit. The of incoming crash might also cause them to sell or convert bitcoin to another currency.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
December 04, 2017, 08:16:58 PM
not as you think every country may not be able to stop bitcoin users to make transactions, because not all the country's rules laws prohibit the circulation of digital currency only bitcoin can be a good investment assets in the future
I think people sell bitcoin in your country because the average life requirement may be the unemployment rate that hold bitcoin will not last long Smiley
member
Activity: 196
Merit: 10
December 04, 2017, 08:04:34 PM
People can use bitcoin in many ways. They sell their bitcoins is because they already made profit from their initial investment and they need to spend cash. But for me, I would prefer to hold it and keep it up until it somehow reach a tremendous amount.
newbie
Activity: 5
Merit: 0
December 04, 2017, 08:03:24 PM
They might be afraid the price will drop. There are some wise people talking about a bitcoin crisis. But as always, no one knows what will happen. Anything can. One thing that might really harm bitcoin would be government regulations.
member
Activity: 308
Merit: 10
December 04, 2017, 07:54:48 PM
why people sell bitcoin
In my opinion, there are many ways to answer this question, maybe they are profitable or they think bitcoin will decrease... Tongue Tongue Tongue
member
Activity: 252
Merit: 10
December 04, 2017, 07:46:55 PM
Because they did not feel confident in bitcoin. there is too much bad news recently, coinbase maintenance and bulk transactions other sites, many rumors bitcoin prices down and they do not want to keep bitcoin
newbie
Activity: 39
Merit: 0
December 04, 2017, 07:44:25 PM
Maybe they do not believe in bitcoin, or maybe they have a word of sale, if you buy bitcoin at $ 500, and now you have 20 times the amount of money you invest.
member
Activity: 205
Merit: 20
December 04, 2017, 07:42:16 PM
mefor example sold a little amount of bitcoin (worth about 300 €) to friend of mine, 'cause I made at leats 6 % profit, he's a friend and I could fix some outstandign costs last month. Also I always feel well to actually use bitcoins for my benefits and to support system instead of just hoarting  them.
hero member
Activity: 2814
Merit: 518
December 04, 2017, 07:34:51 PM
Very simple, because they need cash, or they need to invest in the altcoins.
Because not all the time we just keep on holding bitcoins, I think there is also time that we should need to spend some of them.
Anyway, at the country that bitcoins isn't accepted as a payment-of course they should convert it into fiat. As of bitcoin value in the market now and the rumors of having fork this month, most probably a lot of bitcoin holders will selling this coins because the might afraid that there will be having a huge dump when it happens.
full member
Activity: 257
Merit: 100
December 04, 2017, 07:26:04 PM
Very simple, because they need cash, or they need to invest in the altcoins.
sr. member
Activity: 677
Merit: 250
December 04, 2017, 07:19:43 PM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
for my country I can not yet fully use bitcoin for transactions because bitcoin has not been fully inaugurated in my country as a legitimate payment instrument and that is why they sell bitcoin
newbie
Activity: 28
Merit: 0
December 04, 2017, 06:20:03 PM
People can use bitcoin in many ways. They sell it for their own needs. They can earn their livelihood by selling bitcoin, sometime they use it for financial problem. They can buy something .when people think it is a best time of bitcoin to sell they sell it for profit.

While the Chinese government has told cryptocurrency exchanges to stop trading bitcoin, it has not explicitly banned possession and production of the digital currency – offering hope to miners that they can continue to dig out bitcoin and sell them on overseas platforms.
newbie
Activity: 28
Merit: 0
December 04, 2017, 06:11:16 PM
While the Chinese government has told cryptocurrency exchanges to stop trading bitcoin, it has not explicitly banned possession and production of the digital currency – offering hope to miners that they can continue to dig out bitcoin and sell them on overseas platforms.
newbie
Activity: 28
Merit: 0
December 04, 2017, 04:27:06 PM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.

Maybe because its safer to not have them all stored because they can get hacked and robbed? And if they were… “Paper firmed” (somehow i readed that one can have theyr bitcoins in paper instead of wallet i dont remember how) because they can get physical robbed or wrecked too?
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