Bitcoin Forum

Economy => Economics => Topic started by: OmegaStarScream on October 06, 2015, 09:47:43 AM



Title: Why people dump their Bitcoins ?
Post by: OmegaStarScream on October 06, 2015, 09:47:43 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on October 06, 2015, 09:50:40 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Basically the price first start to be pumped so this group of people have made profit.
Then they want to make panic to other to sell lower, they don't make profit at this stage.
Before that they made buy orders lower than normal so they want to reach that, have you seen that after a dump there is always a pump to make a little profit for this kind of people.


Title: Re: Why people dump their Bitcoins ?
Post by: bitbunnny on October 06, 2015, 09:56:17 AM
I think that a certain type of "climate" is created that suits to the certain group/s of people and that cliomate determines BTC price. The purpose is either to lower the price at certain moment or to ump it up. That can't be avoided.


Title: Re: Why people dump their Bitcoins ?
Post by: fuddudle on October 06, 2015, 10:03:08 AM
If you mean dump by selling and not buying back, then that's just normal for someone who's been holding in a bear trend for over a year.

Shorting on the other hand is a good way to protect the value of your portfolio.

Other reasons include businesses or profitable traders who just sell their profits for fiat.



Title: Re: Why people dump their Bitcoins ?
Post by: randy8777 on October 06, 2015, 10:05:27 AM
panic is always the key factor when it comes to not so experienced traders. they are simply in bitcoin to make quick money. they only don't know how to play the market. some of them think bitcoin will end due to certain bad news articles and begin dumping all their coins.


Title: Re: Why people dump their Bitcoins ?
Post by: Amph on October 06, 2015, 11:30:47 AM
emergencies, quick buck, paying their bills because their are miners, thinking that bitcoin is done and want to get rid of what they think it's just dust sitting there, etc...


Title: Re: Why people dump their Bitcoins ?
Post by: okae on October 06, 2015, 12:28:20 PM
i think that panic and his need of money are the main reasons about why someone will dump his bitcoins.

i understand the needed of money will force you to sell your bitcoins, but panic?, whatever who sell his bitcoins because he have panic didn't understand well what bitcoins is, they will repent later.


Title: Re: Why people dump their Bitcoins ?
Post by: n2004al on October 06, 2015, 12:37:25 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I think that the price is dumped from speculators which want to earn. They hope that the people from the dump of the price sells their bitcoins (their which have few and are not expert or can be taken easy from the panic). This will decrease more and more the price. In the most of cases the firsts arrive their aim and when the price go very down they buy in big quantities. having is this way more bitcoins. After the end of the panic the price arrive its normal value. In this way the speculators have more bitcoins and their value is greater than the start of the speculation.


Title: Re: Why people dump their Bitcoins ?
Post by: Poppy on October 06, 2015, 01:24:24 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The person who needed money to pay bills, medical emergencies, or just quick money, is probably the one who will dump his bitcoin.  I think the need to understand very well what bitcoin is will help not to act hastily.


Title: Re: Why people dump their Bitcoins ?
Post by: zimmah on October 06, 2015, 02:17:11 PM
i think it's panic indeed, but some people do have costs, for example miners.

a lot of sold bitcoins are also from shops accepting bitcoins and then immediately converting to fiat.


Title: Re: Why people dump their Bitcoins ?
Post by: MasterYii on October 06, 2015, 02:30:38 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

They lose faith and began selling their coins.
If they stop believing it doesnt mean I would be conformed.


Title: Re: Why people dump their Bitcoins ?
Post by: OmegaStarScream on October 06, 2015, 02:41:02 PM
i think it's panic indeed, but some people do have costs, for example miners.

a lot of sold bitcoins are also from shops accepting bitcoins and then immediately converting to fiat.

Even miners I don't see an explanation why they are selling honestly , they could hold .
Opening a Mining farm should cost one million dollar or something right ? which means only millionaire are going to do that and just by taking such a risk means that those people have a lot of money and I don't need these miners to live but just for Extra cash so they can just hold ...


Title: Re: Why people dump their Bitcoins ?
Post by: Mickeyb on October 06, 2015, 03:56:02 PM
i think it's panic indeed, but some people do have costs, for example miners.

a lot of sold bitcoins are also from shops accepting bitcoins and then immediately converting to fiat.

Even miners I don't see an explanation why they are selling honestly , they could hold .
Opening a Mining farm should cost one million dollar or something right ? which means only millionaire are going to do that and just by taking such a risk means that those people have a lot of money and I don't need these miners to live but just for Extra cash so they can just hold ...

Yes, but they have to hedge somehow. What happens if Bitcoin drops unexpectedly 30% over the night? They would lose a lot of money, the miners. So they sell all the time, even if they don't need money to be in some equilibrium.

If these miners already have a lot of money, millions as you have said, don't think that they don't care about each and every dollar out there. Trust me, they do. That's how they got to have a million or two on the side in the first place.


Title: Re: Why people dump their Bitcoins ?
Post by: coinplus on October 06, 2015, 04:43:51 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Miner are good example who are in regular selling to compensate their running costs like electricity cost or any hardware rentals. If some one is selling means he does not mean dumping. In a free market everybody has their own right s to buy as well as sell.


Title: Re: Why people dump their Bitcoins ?
Post by: aakashsangwan on October 06, 2015, 05:05:24 PM
i totally agree with other replys, the most of the people dump are the people who are in need of money for paying their loans , their expenses, and some do gambling,. but the rich ones will start collecting the btc at lower and hold it for the market to go high.


Title: Re: Why people dump their Bitcoins ?
Post by: maku on October 06, 2015, 06:06:17 PM
I can tell you some reasons why people dump their Bitcoins right away:

1. People are emotionally fragile - any sign of bitcoin problems are cue for them to sell.
2. People are impatient - they want to profit fast, if that is not happening they dump coins tired of waiting.
3. There are situations when you need FIAT asap, that is why they dump their coins.


Title: Re: Why people dump their Bitcoins ?
Post by: lethalethereal on October 06, 2015, 06:08:52 PM
Im that person
I want to earn fast but i dont know how


Title: Re: Why people dump their Bitcoins ?
Post by: fuddudle on October 06, 2015, 06:18:27 PM
I can tell you some reasons why people dump their Bitcoins right away:

1. People are emotionally fragile - any sign of bitcoin problems are cue for them to sell.
2. People are impatient - they want to profit fast, if that is not happening they dump coins tired of waiting.
3. There are situations when you need FIAT asap, that is why they dump their coins.

Some people earn their salary in BTC.

The ecosystem for BTC is quite there yet to fully transact and get all your needs with bitcoin alone.

Fiat is still king


Title: Re: Why people dump their Bitcoins ?
Post by: beepboopbeep on October 06, 2015, 06:27:46 PM
The same reason other people dump their investments, they need to pay bills. Some early adopter that bought their coins at $5 would be more than happy with what the price is today.


Title: Re: Why people dump their Bitcoins ?
Post by: Ceizer54 on October 06, 2015, 06:30:15 PM
People dump or sell thier bitcoins due to many reasons..some of these reasons are panic--Some people lose patience watching the price of bitcoin drop and they just got panic enough to sell thier coins and walk away and thus just dropping the price of bitcoins little more...Another reason is loss of trust in bitcoins..People also dump bitcoins when they hear a lot of scam going around by people related to bitcoins stealing etc and people think that bitcoin network isnt secure so they sell and walk away :P


Title: Re: Why people dump their Bitcoins ?
Post by: Xenoph0bia on October 06, 2015, 06:42:52 PM
There are several reasons for which the people are dumping their bitcoins. Many people have bought the bitcoins for the investment purpose if they think that there will be decrease in the price of the bitcoin then they start to sell their bitcoins. Some people are selling their bitcoins for some immediate cash and emergency money, some people are selling because the risk of loosing their money if the price of the bitcoins falls.


Title: Re: Why people dump their Bitcoins ?
Post by: avatar_kiyoshi on October 06, 2015, 07:00:15 PM
Because:
- need fiat immediately
- panic
- a whale who do it for fun
- a 'scammer' whale who dump coins from the coins which have been theft.


Title: Re: Why people dump their Bitcoins ?
Post by: Denker on October 06, 2015, 07:20:47 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

A few might use that money which means they are over invested.Others just panic or lost faith and don't have patience to holf for a longer period of time.
With walking away do you mean leaving the cryptoland? If yes I don't believe that all completely leave and won't show future interest anymore. But some will really never care about Bitcoin.And this guys will cry in 5-10 years.


Title: Re: Why people dump their Bitcoins ?
Post by: sana9821 on October 06, 2015, 07:25:28 PM
i believe that they sell their bitcoins because they are afraid that bitcoin price might drop and they dont believe in bitcoins, i personally dont sell it and hold for the future


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on October 06, 2015, 07:28:36 PM
Well, fiat needs mostly. There are things in which bitcoin couldn't pay, such as medical bills and power/utility services. I sometimes exchange some bitcoins--mostly from my signature campaign payment--to pay for some bills in our house. But that was just a small fraction of coins, most of my earnings go directly to my cold storage.


Title: Re: Why people dump their Bitcoins ?
Post by: Mickeyb on October 06, 2015, 08:46:26 PM
There are really many reasons. There are also the ones that are losing patience and are getting out of the game. I feel the worst for those people anyways. They will regret it one day when Bitcoin makes it big.

All of the other reasons I can understand such as need of money, people panicking, miners, etc.


Title: Re: Why people dump their Bitcoins ?
Post by: NorrisK on October 06, 2015, 09:00:50 PM
It is probably from people who bought in with wrong expectations and are now facing the choise:

1. Sell. Take a (minimal) loss and forget about it.
2. Keep. Get nervous and go crazy.

Problem is that the people that choose 1. will be buying in again higher when the price does eventually rise.


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on October 06, 2015, 11:20:05 PM
It is probably from people who bought in with wrong expectations and are now facing the choise:

1. Sell. Take a (minimal) loss and forget about it.
2. Keep. Get nervous and go crazy.

Problem is that the people that choose 1. will be buying in again higher when the price does eventually rise.

Which is just nuts, given that volatility and bitcoin are always almost on par. That's why those people who got burned by the price changes often spread FUD.


Title: Re: Why people dump their Bitcoins ?
Post by: btcxyzzz on October 07, 2015, 06:34:44 AM
My take is that it's because they are super-rich early adopters, I can bet the price decline is fuelled mostly by them. Bitcoin is still too much concentrated, but whenever they dump Bitcoin's getting more evenly distributed which is good for price and for Bitcoin economy.


Title: Re: Why people dump their Bitcoins ?
Post by: NorrisK on October 07, 2015, 06:36:14 AM
It is probably from people who bought in with wrong expectations and are now facing the choise:

1. Sell. Take a (minimal) loss and forget about it.
2. Keep. Get nervous and go crazy.

Problem is that the people that choose 1. will be buying in again higher when the price does eventually rise.

Which is just nuts, given that volatility and bitcoin are always almost on par. That's why those people who got burned by the price changes often spread FUD.

Yeah I guess. The FUDders must have really gotten their asses handed to them at one point. Selling before 2013 or buying after 2013, or maybe even both..

FOMO is really strong for some, lucky I learned to cope with it a bit.


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on October 07, 2015, 08:51:18 AM
People dump or sell thier bitcoins due to many reasons..some of these reasons are panic--Some people lose patience watching the price of bitcoin drop and they just got panic enough to sell thier coins and walk away and thus just dropping the price of bitcoins little more...Another reason is loss of trust in bitcoins..People also dump bitcoins when they hear a lot of scam going around by people related to bitcoins stealing etc and people think that bitcoin network isnt secure so they sell and walk away :P

I'm agreed with these.
Not all people want to keep holding BTC when the price of BTC itself going down drasticly.

I know some people who will hold BTC forever. The only reason for them is, they already get a lot profit on BTC, and that's why they will keep holding it. :) They are not lose a lot if something bad happen.

It's human nature that people to buy something when a lot people buy it.
And dump something when "a lot people" dump it. IMHO.


Title: Re: Why people dump their Bitcoins ?
Post by: ilikemandarin on October 07, 2015, 08:52:04 AM
Noone is dumping.
They are just selling to someone's else.  ;)


Title: Re: Why people dump their Bitcoins ?
Post by: Q7 on October 07, 2015, 02:07:38 PM
I think most of them are the miners which I believe they might not be selling their stash of coins everyday but only when it reaches a certain amount or when it comes to certain time like for instance when it comes to month end. Time to pay the employee or pay for the electricity bill. It's the same like you keep a certain quantity and wait for the target price to reach before selling off everything.


Title: Re: Why people dump their Bitcoins ?
Post by: neonshium on October 07, 2015, 04:10:40 PM
Because:
- need fiat immediately
- panic
- a whale who do it for fun
- a 'scammer' whale who dump coins from the coins which have been theft.
I need to know these reasons when I also get panic of price dumps. But I never tried to sell of all my bitcoins just because of sudden price fall. If only I get profits I do sell of my bitcoin while I do trading. The dumping is not good for bitcoin community who gave a fortune namely bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: lexuz on October 07, 2015, 04:25:04 PM
Nothing a loss when they dumping a price because they will take a profit soon when price up and it's normal in bitcoin some people take benefit from this situation


Title: Re: Why people dump their Bitcoins ?
Post by: Triple on October 07, 2015, 04:32:19 PM
Speculation and predictions.  They think it's just not worth it to hold onto those coins anymore and just want money for them


Title: Re: Why people dump their Bitcoins ?
Post by: Pab on October 07, 2015, 11:05:19 PM
I dont think people dump btc at that level.It issimply daily trading going,now halving btc price insrease will be more advertised to pump btc and sell .Money games


Title: Re: Why people dump their Bitcoins ?
Post by: Nami on October 07, 2015, 11:56:27 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

They may seem to lose faith on the coins and never have any idea that the price will rise up.


Title: Re: Why people dump their Bitcoins ?
Post by: Nocturne on October 08, 2015, 12:32:10 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Yeah some people dump their coins for some reasons,
but I wont conform with those people I will keep my coins and buy some more.


Title: Re: Why people dump their Bitcoins ?
Post by: TheGr33k on October 08, 2015, 12:34:42 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Someone that's been involved in BTC and just don't see a future for it anymore or they are relying on the funds they have stashed away in BTC.
Early adopters might get sick of holding onto their hats since $5/BTC and feel like $1000/BTC might be a good exit point because CPU mining wasn't that hard.
Late adopters might get sick of holding BTC because they bought in at $1000/BTC and they're sick to their stomachs at 80% loss.


Title: Re: Why people dump their Bitcoins ?
Post by: Nidaleee on October 08, 2015, 01:15:43 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

They sell away their coins not knowing its price will rise soon.


Title: Re: Why people dump their Bitcoins ?
Post by: TheGr33k on October 08, 2015, 01:17:48 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

They sell away their coins not knowing its price will rise soon.

Some people say ignorance is bliss, but others hoard bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: Snorek on October 08, 2015, 01:22:12 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Someone that's been involved in BTC and just don't see a future for it anymore or they are relying on the funds they have stashed away in BTC.
Early adopters might get sick of holding onto their hats since $5/BTC and feel like $1000/BTC might be a good exit point because CPU mining wasn't that hard.
Late adopters might get sick of holding BTC because they bought in at $1000/BTC and they're sick to their stomachs at 80% loss.
You realize that bitcoin was once worth over $1000 for only short time, less than a month? That peak was the best time to sell bitcoins, ever.
I don't think that early adopters who did not sell their coins then would sell it anytime now for ~$250 without valid reason.


Title: Re: Why people dump their Bitcoins ?
Post by: TheGr33k on October 08, 2015, 01:24:46 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Someone that's been involved in BTC and just don't see a future for it anymore or they are relying on the funds they have stashed away in BTC.
Early adopters might get sick of holding onto their hats since $5/BTC and feel like $1000/BTC might be a good exit point because CPU mining wasn't that hard.
Late adopters might get sick of holding BTC because they bought in at $1000/BTC and they're sick to their stomachs at 80% loss.
You realize that bitcoin was once worth over $1000 for only short time, less than a month? That peak was the best time to sell bitcoins, ever.
I don't think that early adopters who did not sell their coins then would sell it anytime now for ~$250 without valid reason.

I do realize this, that's why my text "algorithm" that I outlined supplied multiple reasons :P
I'm saying I think all the early adopters who were going to sell-out did so during that period to uninformed investors willing to pay the premium for coins they're now dumping themselves to move onto their next investment.


Title: Re: Why people dump their Bitcoins ?
Post by: Nautiluss on October 08, 2015, 01:59:54 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe they lose hope and got tired of waiting so they think better sell it away to earn money today but they didn't think that the value of it will rise in the future.


Title: Re: Why people dump their Bitcoins ?
Post by: Proxiebuier on October 08, 2015, 02:27:28 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

he need money for buy something, maybe he want to buy ferrari or like that
but basically panic sell is the first factor


Title: Re: Why people dump their Bitcoins ?
Post by: user64 on October 08, 2015, 02:32:26 AM
Maybe they simply need the cash, gor their daily needs and grow tiredog waiting for btc to hit $1000. Not all of us have big patience.I read somewhere a mod got out after msking enough profit, and just want to enjoy their proceed quietly.


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on October 08, 2015, 07:51:47 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Someone that's been involved in BTC and just don't see a future for it anymore or they are relying on the funds they have stashed away in BTC.
Early adopters might get sick of holding onto their hats since $5/BTC and feel like $1000/BTC might be a good exit point because CPU mining wasn't that hard.
Late adopters might get sick of holding BTC because they bought in at $1000/BTC and they're sick to their stomachs at 80% loss.
You realize that bitcoin was once worth over $1000 for only short time, less than a month? That peak was the best time to sell bitcoins, ever.
I don't think that early adopters who did not sell their coins then would sell it anytime now for ~$250 without valid reason.

most sell cuz they need fast cash on some local bitcoin exchange sometimes i do this when i need cash instantly but small amount i what i sell


Title: Re: Why people dump their Bitcoins ?
Post by: twister on October 08, 2015, 09:20:56 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

There are different categories of people, some people (like me) use it just as a currency, I buy it, spend it then buy again, the price of it rarely bothers me, since it's pretty stable for sometime now with minor ups and downs.

Then there are people who buy it as an investment and to answer your question, they dump it because maybe they made their profit and will buy again when the price drops or they lost some money and they don't think it's safe to keep on holding them anymore but for whatever reason someone dumps bitcoin it's really up to them what they do with their own money and I say let's not judge them and call them names, time will tell if they were losers or winners.


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on October 08, 2015, 09:53:23 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

They sell away their coins not knowing its price will rise soon.

Some people say ignorance is bliss, but others hoard bitcoins.

"Dump" in here maybe stand for "dump bitcoin forever".
And they surely have their own reason to leave bitcoin unrespectly like that.

But there are a lot troops of miners who would hold BTC "almost forever" or at least make BTC as their heritage for their grand child.



Title: Re: Why people dump their Bitcoins ?
Post by: BitCentral on October 08, 2015, 12:48:59 PM

Obviously people start to dump their bitcoin because of drops in BTC prices. I almost sell out all my investment on BTC when the price of BTC drop to 173 USD in months ago. But after i make some research and reading on BTC articles. I realize BTC is already on Top most expensive currency compared with other currency USD, EUR, and GBP.

BTC just too fluctuative for now. That the reason why "some" people dump bitcoins.



Title: Re: Why people dump their Bitcoins ?
Post by: n2004al on October 08, 2015, 03:23:52 PM
Im that person
I want to earn fast but i dont know how

You will be never able to find a way to earn fast. Simply because this way doesn't exist. Everyone who will tell you otherwise will give you only illusions which will hurt you and will make you to lose your time and maybe even the loss of your money.

The only way to have money is to work hard. Find a work which fit your needs and your capacities and you will have your money. But only after working hard and at the end of the working month.


Title: Re: Why people dump their Bitcoins ?
Post by: MomoCoin on October 08, 2015, 03:30:37 PM
In my opinion, If you're holding large amounts of BTC its to make more fiat. Holding leaves you vulnerable to its volatility. Better to sit on the sidelines and take profit when the times right. Those who dump and leave forever probably cut their losses in this game and walked away. Couldn't survive.


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on October 08, 2015, 04:43:31 PM
Mostly to cut their losses, especially if these people bought in during the rises and not during the lows. Due to hyping and excitement, most people tend to panic buy, hoping that they will make easy money but what actually happens is that they lose more of it.


Title: Re: Why people dump their Bitcoins ?
Post by: TheGr33k on October 08, 2015, 05:04:34 PM
Mostly to cut their losses, especially if these people bought in during the rises and not during the lows. Due to hyping and excitement, most people tend to panic buy, hoping that they will make easy money but what actually happens is that they lose more of it.

It is unfortunate that we're seeing stock investors treating bitcoin as such and it's a clear indication that the general public is not ready to grasp the concept that we've been building upon for the past 5 years. People act like lemmings in large groups and investors are no different, but I think it would do bitcoin a real solid to scare away panicky investors and focus on the implementation and improvement of the protocol.


Title: Re: Why people dump their Bitcoins ?
Post by: operrajunk74 on October 09, 2015, 07:26:40 PM
There are multiple reasons for which people are selling their bitcoins. few people dumped it because of panic, some people lose patience watching the price of bitcoin drop and they just got panic enough to sell their coins and walk away and thus dropping the price of bitcoins little more. One more reason is loss of trust in bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: Hugroll on October 09, 2015, 10:40:53 PM
personally, I can think of two reasons someone would dump their coins.
1). the person is in dire need of cash and taking a loan would be too expensive so they sell a bit (or all) of their coins.
2). the person sees rumors online about btc crashing or something and they get scared and start selling all their coins, usually this results in a loop effect because if a significant amount of people get convinced by the rumors they crash the price and a lower price means more people get scared and more people sell :-[


Title: Re: Why people dump their Bitcoins ?
Post by: gentlemand on October 09, 2015, 11:10:26 PM
There really aren't too many people out there who can park a decent amount of money for long periods of time and forget about it. Hefty bills arrive, life moves on and new expenses pop up, or you might just be fucking sick of waiting for a price rise that you expected to come.


Title: Re: Why people dump their Bitcoins ?
Post by: thejaytiesto on October 10, 2015, 01:20:56 AM
Fear is one of the biggest driving emotions and this is no different in the market game. Induce fear into any group of people and they will all fail for it. This is why there is an ongoing agenda of disinfo, even a trojan horse trying to attack Bitcoin from within to cause confusion and have people dumping their coins for cheap fiat. The ones that resist will become rich after the storm.


Title: Re: Why people dump their Bitcoins ?
Post by: iqlimasyadiqa on October 10, 2015, 01:54:33 AM
usually those who want to get bitcoin at a low price and then sell when there are speculators who do pump. only cycle of a profit ..


Title: Re: Why people dump their Bitcoins ?
Post by: Anmol_Verma on October 10, 2015, 01:55:34 AM
May be because they lose trust or just have got more then enough money that think to dump thier coins instead of donating ;D


Title: Re: Why people dump their Bitcoins ?
Post by: eternalgloom on October 10, 2015, 02:51:57 AM
It could just be that some people view it as a relatively short term investment and they are unsure if Bitcoins will hold their value for much longer.

Or people could just lose interest and just get out completely.


Title: Re: Why people dump their Bitcoins ?
Post by: iqlimasyadiqa on October 10, 2015, 07:13:23 AM
May be because they lose trust or just have got more then enough money that think to dump thier coins instead of donating ;D
I think throwing money is not the way. freaks if he threw the money with ease. better hold a contest and he will be famous.


Title: Re: Why people dump their Bitcoins ?
Post by: tompredoj on October 10, 2015, 08:00:28 AM
May be because they lose trust or just have got more then enough money that think to dump thier coins instead of donating ;D

People who has faith in bitcoin either will not sell or donate. They will keep it for ever. So, people sell for some other reasons.


Title: Re: Why people dump their Bitcoins ?
Post by: randy8777 on October 10, 2015, 08:25:12 AM
May be because they lose trust or just have got more then enough money that think to dump thier coins instead of donating ;D

it's mostly a trading related thing when people sell. they think they can buy back lower, thus increase their amount of coins. people who lost trust in bitcoin should never come back.


Title: Re: Why people dump their Bitcoins ?
Post by: Sir_lagsalot on October 11, 2015, 11:38:43 AM
Woah, people are dumping their bitcoin? Give me a list of them so I can buy bitcoin of em!

I think they're either trying to sway the market so that only they make profit, or just no faith in bitcoin. (Unbelievers.)


Title: Re: Why people dump their Bitcoins ?
Post by: Zawamiya on October 11, 2015, 11:53:22 AM
most users dump their coins when they need cash, so rather then taking a loan they prefer to sell their coins for cash but in some cases people dumps them because they want to leave the crypto stuff and sell all their digital stuff for hard cash


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on October 11, 2015, 02:45:42 PM
May be because they lose trust or just have got more then enough money that think to dump thier coins instead of donating ;D

it's mostly a trading related thing when people sell. they think they can buy back lower, thus increase their amount of coins. people who lost trust in bitcoin should never come back.

Not all bitcoin seller mean will dump BTC or do not have trust on BTC.

We all just make self assumption and seek for some profit in trade. :)



Title: Re: Why people dump their Bitcoins ?
Post by: Guido on October 11, 2015, 02:47:45 PM
some buy, some sell, some hodl
miners dump for most part to cover costs
others trade to try to get more coin

many different angles


Title: Re: Why people dump their Bitcoins ?
Post by: planetroving on October 12, 2015, 09:10:32 AM
In my personal opinion, people dump their Bitcoins because:
- they need money, maybe because of their current situation,
- they see the price of Bitcoin decreasing, so they sell to avoid further losses, or
- they have interest in Bitcoin or even all digital cryptocurrencies.


Title: Re: Why people dump their Bitcoins ?
Post by: jaberwock on October 12, 2015, 09:25:54 AM
The same reason why people dump their savings.


They need money for something else. Maybe pay fees, maybe they want to buy something, or invest in something else.


Title: Re: Why people dump their Bitcoins ?
Post by: madonnino on October 12, 2015, 09:41:22 AM
it's the rule of the market, there will be always someone that dump (bitcoin, gold, silver, fiat, etc)


Title: Re: Why people dump their Bitcoins ?
Post by: TastyChillySauce00 on October 12, 2015, 11:23:23 AM
its what commonly happen in trading, dump for saving bitcoin, pump for selling bitcoin, and also selling btc in mass amount will make the bitcoin dumped even it will give little effect


Title: Re: Why people dump their Bitcoins ?
Post by: Quinn on October 12, 2015, 11:53:40 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

People dump their bitcoins because of the volatility of the price of bitcoins. They should always stay informed of the price of bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: lexuz on October 12, 2015, 12:07:21 PM
In my personal opinion, people dump their Bitcoins because:
- they need money, maybe because of their current situation,
- they see the price of Bitcoin decreasing, so they sell to avoid further losses, or
- they have interest in Bitcoin or even all digital cryptocurrencies.
How about they dumb to get profit soon in the price high, i think it's just scenario sole trader to trap some people panic and sell their coin in cheap price


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 12, 2015, 12:17:52 PM
I don't care for the price and speculations about bitcoin price. I dump bitcoin and I will dump it whenever I need it. Just like recently because of important matters. Bitcoin is not only meant for holding and waiting for it to become high price. It is part of my fiat currency now that covers some of my expenses.


Title: Re: Why people dump their Bitcoins ?
Post by: Christyfrazier on October 12, 2015, 12:36:28 PM
just to get money for real-life things


Title: Re: Why people dump their Bitcoins ?
Post by: Poppy on October 12, 2015, 01:49:13 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

With bitcoin being so volatile, it is no surprise then that people will dump their bitcoin and walk away.  I would not dump my bitcoin, but rather I would hold on to it and wait for the right moment to sell them.


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on October 13, 2015, 03:52:41 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

With bitcoin being so volatile, it is no surprise then that people will dump their bitcoin and walk away.  I would not dump my bitcoin, but rather I would hold on to it and wait for the right moment to sell them.

Hi, Poppy.

At the end you still sell them. :-\

For me, i will hold it and when i think it's a right time to trade it, i will trade it to another currencies such as Yuan, British Pound, etc.




Title: Re: Why people dump their Bitcoins ?
Post by: Proxiebuier on October 13, 2015, 04:24:52 AM
most users dump their coins when they need cash, so rather then taking a loan they prefer to sell their coins for cash but in some cases people dumps them because they want to leave the crypto stuff and sell all their digital stuff for hard cash

all people need cash for "real life"
because bitcoin not accepted in all place and more offline merchand only accept cash :)
usually i sell 70% of my earning every months


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on October 13, 2015, 08:14:19 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
i agree with this,but how if corporate do that?


Title: Re: Why people dump their Bitcoins ?
Post by: gon on October 13, 2015, 09:34:29 AM
everyone has their own reason why they dump their coins just like the others which is also
to fulfill our needs by cashing them out


Title: Re: Why people dump their Bitcoins ?
Post by: Quinn on October 13, 2015, 11:23:43 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .


I would dump my bitcoin too if it gets extremely volatile.  I would hold on to my dollars.


Title: Re: Why people dump their Bitcoins ?
Post by: gentlemand on October 14, 2015, 12:17:06 AM

I would dump my bitcoin too if it gets extremely volatile.  I would hold on to my dollars.

The volatility is what attracts a lot of people. There's plenty of money to be made there.


Title: Re: Why people dump their Bitcoins ?
Post by: Poppy on October 14, 2015, 12:25:48 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The reason why people dump their bitcoin is that it is extremely volatile.  I would use my bitcoin, make it work for me.


Title: Re: Why people dump their Bitcoins ?
Post by: Pantheon on October 14, 2015, 01:32:50 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The people who dump their bitcoin are the ones who do not keep track of the price of bitcoin.  They dump their bitcoin hastily instead of keeping track of the economy.


Title: Re: Why people dump their Bitcoins ?
Post by: Hugroll on October 14, 2015, 01:35:25 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around


Title: Re: Why people dump their Bitcoins ?
Post by: maku on October 14, 2015, 01:47:10 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around
If you believe in this rumors and are weavering about future of bitcoin you should not hold bitcoin in the first place.
Everyone with a half brain knows that amount of money invested in bitcoin is large at this point that bitcoin can't fall.


Title: Re: Why people dump their Bitcoins ?
Post by: Hugroll on October 14, 2015, 02:32:24 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around
If you believe in this rumors and are weavering about future of bitcoin you should not hold bitcoin in the first place.
Everyone with a half brain knows that amount of money invested in bitcoin is large at this point that bitcoin can't fall.
ya but it has fallen quite a few times actually, around 2 or 3months ago it was around ~300 then in a week it dropped to around 200 there were the same rumors at that time and im guessing that the people who listened saved a bit by selling early


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on October 14, 2015, 08:54:08 AM
It's interesting why people dump their bitcoin.
Because the have enough profit and don't want much more profit?
It can be because they need the money very fast, and for emergencies!


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 14, 2015, 09:36:52 AM
It's interesting why people dump their bitcoin.
Because the have enough profit and don't want much more profit?
It can be because they need the money very fast, and for emergencies!

Most are doing this even me. Even I don't like to convert it for fiat because of the price still emergency is emergency. To keep up with the latest track, I always do some measures to make pay for what I dump so it can cover the loss while money is in real world.


Title: Re: Why people dump their Bitcoins ?
Post by: MrsHash on October 14, 2015, 11:16:56 AM
Obviously, because they have no faith in it anymore or they just need money urgently like everybody said earlier. It stupid decision I think. U always need to have time on your hands when you do some investments.


Title: Re: Why people dump their Bitcoins ?
Post by: Proxiebuier on October 14, 2015, 01:43:38 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

if coindesk, cointellegraph, newsbtc or other Big bitcoin website make a good news bitcoin will be up
but if they put out the bad news some people will dump his bitcoin


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 14, 2015, 01:53:40 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

if coindesk, cointellegraph, newsbtc or other Big bitcoin website make a good news bitcoin will be up
but if they put out the bad news some people will dump his bitcoin

Well those people who just dump quickly because of a bad news is not a research enthusiast. News are really a big deal when it comes for monitoring price factors but news is news. Everyone must not only rely on news whether they will dump their bitcoins or not.


Title: Re: Why people dump their Bitcoins ?
Post by: Proxiebuier on October 14, 2015, 02:30:15 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

if coindesk, cointellegraph, newsbtc or other Big bitcoin website make a good news bitcoin will be up
but if they put out the bad news some people will dump his bitcoin

Well those people who just dump quickly because of a bad news is not a research enthusiast. News are really a big deal when it comes for monitoring price factors but news is news. Everyone must not only rely on news whether they will dump their bitcoins or not.

are you forget about hard dump after "Bitcoin XT" issue ?
some people panic sell
and other reason after The big ponzi scheme "bitcoin double" scaming people, more people sell his bitcoin because they scared if scamer (owner bitcoindouble) do hard dump before they sell


Title: Re: Why people dump their Bitcoins ?
Post by: OmegaStarScream on October 14, 2015, 02:38:37 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

if coindesk, cointellegraph, newsbtc or other Big bitcoin website make a good news bitcoin will be up
but if they put out the bad news some people will dump his bitcoin

I personally don't agree , I mean people who follow Coindesk and these kind of websites are bitcoiners already and know thereal value of BTC and I don't see much bad news in these websites ...
The real problem is the real media on TV which they can't speak about bitcoin without relating it on Deep web or Terrorism .


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on October 14, 2015, 08:28:14 PM
It's interesting why people dump their bitcoin.
Because the have enough profit and don't want much more profit?
It can be because they need the money very fast, and for emergencies!

Most are doing this even me. Even I don't like to convert it for fiat because of the price still emergency is emergency. To keep up with the latest track, I always do some measures to make pay for what I dump so it can cover the loss while money is in real world.

When (any) emergencies come i don't look much at the price,
I just need the money asap and maybe i sell them for 5-10% less than in exchange.
These are bad days, but in general (normally) there is no need to make panics to other by dumping the bitcoin price.


Title: Re: Why people dump their Bitcoins ?
Post by: Amph on October 15, 2015, 07:30:22 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

i would wait for the actual number on the market before doing anything which i might regret later

i would be tempted to sell everything under 100, but only if the news(about network security, big hole, miners doing 51% etc...) suggest that bitcoin is really dying


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 15, 2015, 11:45:44 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

i would wait for the actual number on the market before doing anything which i might regret later

i would be tempted to sell everything under 100, but only if the news(about network security, big hole, miners doing 51% etc...) suggest that bitcoin is really dying


This.

In case of the sudden price crash and all speculations, analyzation and future forecast are very much supported by the those reputable bitcoin economist or a whole bitcoin nation then definitely I must act quickly if I will dump my beloved coins.


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on October 15, 2015, 12:43:19 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

i would wait for the actual number on the market before doing anything which i might regret later

i would be tempted to sell everything under 100, but only if the news(about network security, big hole, miners doing 51% etc...) suggest that bitcoin is really dying


And that would be the exact same time when everyone else would be selling a security-compromised coin.  And in that scenario, I doubt if you could still sell your coins in such a debacle.


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on October 15, 2015, 12:43:28 PM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

i would wait for the actual number on the market before doing anything which i might regret later

i would be tempted to sell everything under 100, but only if the news(about network security, big hole, miners doing 51% etc...) suggest that bitcoin is really dying


And that would be the exact same time when everyone else would be selling a security-compromised coin.  And in that scenario, I doubt if you could still sell your coins in such a chaos.


Title: Re: Why people dump their Bitcoins ?
Post by: TTMNewsMJ on October 17, 2015, 10:02:01 PM
I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.


Title: Re: Why people dump their Bitcoins ?
Post by: edric on October 18, 2015, 02:54:36 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I've seen people dump a significant portion of their bitcoin holdings because the volatility becomes too much for them.  They decide they have made enough profit and want to just sit on a smaller amount of bitcoin.  Instead of worrying about the day to day movements, they just want to hold what they are willing to lose in case bitcoin goes to the moon but sell everything else.  I've heard people do this when bitcoin gets to certain relative highs.


Title: Re: Why people dump their Bitcoins ?
Post by: malzahar on October 18, 2015, 03:11:49 AM
i would dump my coins if i was convinced that bitcoin is going to crash and fail. unfortunately thers a alot of people spreading those rumors around

You can buy more coins because of the low price caused by the rumours.




Yeah, but that rumor has to be big..

It can be some small one, it has be like mt.gox or some bigger scam that hits everyone.


Title: Re: Why people dump their Bitcoins ?
Post by: pjsonowal on October 18, 2015, 11:32:40 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?  
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

even i think about this question... the first block of bitcoin... i mean block #170 has two addresses which has 18.56 and 56 BTC in there.......thats a lot of money ...a pure wastage of money...if you dont need that atleast donate it to some social organisations...


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on October 28, 2015, 11:08:18 AM
I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.

this example happen to me last year and i sold half of my btc in this process and latter a regret it but that that way it goes


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 28, 2015, 11:49:12 AM
I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.

this example happen to me last year and i sold half of my btc in this process and latter a regret it but that that way it goes

Regret is part of our life but in your case if you use your sold bitcoin in important matter then it's alright and just managed to keep back in the track. I experienced that a month ago and trying to keep back and somehow in a slow process everything goes fine a bit.


Title: Re: Why people dump their Bitcoins ?
Post by: jt byte on October 28, 2015, 11:53:43 AM
If people dump their price today i think that they are satisfied with the price.
Even though the price has been increased to much since the last 2 weeks.
Another thing why people dump is because maybe they found a better deal in altcoin or in the real life.


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 28, 2015, 11:57:42 AM
If people dump their price today i think that they are satisfied with the price.
Even though the price has been increased to much since the last 2 weeks.
Another thing why people dump is because maybe they found a better deal in altcoin or in the real life.

IMO some of the dumpers think that the price will not be stable at the following weeks but not lowered to $295 mark that's why they selling coins. Hope they are wrong lol. I really found it hard to speculate for the price movement today. sigh.


Title: Re: Why people dump their Bitcoins ?
Post by: DiamondCardz on October 28, 2015, 12:02:15 PM
Because they're scared of the price changes. Investing in a volatile asset or commodity or currency or whatever you like to call Bitcoin just isn't for everyone, some people don't have very high risk tolerance. In some cases that also causes them to make extremely irrational decisions even after they have researched and invested into assets.


Title: Re: Why people dump their Bitcoins ?
Post by: Q7 on October 28, 2015, 12:06:55 PM
Sometimes people are there just for quick gains so that they can profit by buying back more bitcoin at lower price. Based on past trending that we saw happened early of the year, I can imagine people would start selling again at 310 level and then wait for the right time to buy back and ended up with more coins.


Title: Re: Why people dump their Bitcoins ?
Post by: Triple on October 28, 2015, 02:56:13 PM
Sometimes people are there just for quick gains so that they can profit by buying back more bitcoin at lower price. Based on past trending that we saw happened early of the year, I can imagine people would start selling again at 310 level and then wait for the right time to buy back and ended up with more coins.

Yes. People look at these coins as they would any other investment. BTC price fluctuations are very similar to that of the stock market, and they're just playing the market.


Title: Re: Why people dump their Bitcoins ?
Post by: unununium on October 29, 2015, 01:45:42 AM
To buy it cheaper after


Title: Re: Why people dump their Bitcoins ?
Post by: TTMNewsMJ on October 29, 2015, 04:24:08 AM
Most of the people becomes panic when they see the price of bitcoin.
It goes up and down. They being scared about it.


Title: Re: Why people dump their Bitcoins ?
Post by: Possum577 on October 29, 2015, 04:47:52 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.


Title: Re: Why people dump their Bitcoins ?
Post by: lumeire on October 29, 2015, 06:00:40 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.

He meant, why 'would' people dump their coins I suppose.

@Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me.


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on October 29, 2015, 08:46:35 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.

He meant, why 'would' people dump their coins I suppose.

@Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me.

Or simple they who dump the price are impatient.
Have earned enough profit and don't want to wait more.
I would never dump the price, only if i have no other choice.


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on October 29, 2015, 10:22:24 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.

He meant, why 'would' people dump their coins I suppose.

@Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me.

Or simple they who dump the price are impatient.
Have earned enough profit and don't want to wait more.
I would never dump the price, only if i have no other choice.

Another thing, they are trading expert. One trading rule is don't wait too long for price increase, If you make profit even a little when you buy coins much lower then sell it then wait for the next chapter.


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on October 29, 2015, 10:52:09 AM
Who's dumping their bitcoin? The price has been rising steadily for a few months now.

He meant, why 'would' people dump their coins I suppose.

@Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me.

Or simple they who dump the price are impatient.
Have earned enough profit and don't want to wait more.
I would never dump the price, only if i have no other choice.

Another thing, they are trading expert. One trading rule is don't wait too long for price increase, If you make profit even a little when you buy coins much lower then sell it then wait for the next chapter.

Well this hidden rule seems to be working.
Because i am still waiting for an order for a month now.
And the result is really little profit but the price has been increased to much which makes other alt coins exchange rate to go really down. (About -20%)


Title: Re: Why people dump their Bitcoins ?
Post by: doublemore on October 29, 2015, 11:08:41 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

People dump because life is finite and some cant wait forever to for the world to convert to bitcoin.  Do people really walk away though? im not sure i should imagine most come back and buy more bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: crazyivan on October 29, 2015, 01:38:45 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Lots of dumpers are not real dumpers they re simply traders, selling at higher price to buy lower. So it s their BUSINESS to dump in order to profit from the price difference.


Title: Re: Why people dump their Bitcoins ?
Post by: wearepoor on October 30, 2015, 08:35:00 PM
People dump their bitcoins because of fear of loosing their money if the price falls. They don't think that bitcoin has a great future and due to lack of trust for bitcoins they are dumping their bitcoins. I think they should have more patience as the prices will not be increased in few days it will take longer time.


Title: Re: Why people dump their Bitcoins ?
Post by: tommorisonwebdesign on October 30, 2015, 09:05:30 PM
People will dump their coins when they fear their coins are going to loose their value. Some dumpers are professional traders who understand the Bitcoin market and are dumping their coins in order to salvage any coins. Any time a Bitcoin scandal goes down, the price goes down and smart investors would sell.


Title: Re: Why people dump their Bitcoins ?
Post by: SerenaL on October 30, 2015, 09:23:44 PM
Some people need to pay their bills or some want to take the money they gained after a bubble and move onto other things in their lives.


Title: Re: Why people dump their Bitcoins ?
Post by: CryptInvest on October 30, 2015, 11:32:59 PM
There may be an urgent need money for unexpected expenses or to pay bills. Finally someone wants to try to pay for the service using Bitcoin. Why not?


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on October 31, 2015, 12:03:10 AM
There may be an urgent need money for unexpected expenses or to pay bills. Finally someone wants to try to pay for the service using Bitcoin. Why not?

Not all people who sell bitcoin means to dump bitcoin as well.
Like CryptInvest said, sometimes there may be an urgent need moeny for unexpected expenses or bill, and they want to try to pay using bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: Raimonn on October 31, 2015, 12:11:35 AM
There are traders that sell to buy at lower levels, people that doubled its money and goes away from bitcoin, people that need the money to pay bills. There is a lot of different answers.


Title: Re: Why people dump their Bitcoins ?
Post by: isvicre on October 31, 2015, 11:13:49 PM
They dump because of rise coming after so many years that they think it will cover them.
Or they dump because they get bored about it and does not see it as real investment.
These are good examples why they dump.


Title: Re: Why people dump their Bitcoins ?
Post by: Hugroll on November 01, 2015, 03:08:54 AM
the average user gets excited when the price goes up like it did this week, and they think its at its peak and its not going any higher so they sell.


Title: Re: Why people dump their Bitcoins ?
Post by: bct-user on November 01, 2015, 06:21:30 AM
the average user gets excited when the price goes up like it did this week, and they think its at its peak and its not going any higher so they sell.

that's right, i guess this people who bought a coins in lower price, so they waiting for this moment.

well i'm sure big dump is when after halving time coming.


Title: Re: Why people dump their Bitcoins ?
Post by: ranochigo on November 01, 2015, 06:24:44 AM
People sometimes dump their Bitcoin due to the fears of the prices tumbling. It happened when the bubble popped when Bitcoin first reached $900. Miners dump coins most of the times due to the electrical costs and to be honest, there is more security with fiat as electrical fees are mostly paid in that.


Title: Re: Why people dump their Bitcoins ?
Post by: dothebeats on November 01, 2015, 06:35:09 AM
the average user gets excited when the price goes up like it did this week, and they think its at its peak and its not going any higher so they sell.

Yup, weak hands often fall to bear traps, only to see that the price keeps on increasing after a small correction. Bitcoin was overbought at $330 that's why a correction was ideal. I'm confident at this price range. 8)


Title: Re: Why people dump their Bitcoins ?
Post by: jt byte on November 01, 2015, 08:32:33 AM
Overall the last dump that was yesterday it affected the price.
The dump was about -4% and comparing to now it is a drop of 10 dollars.
I think that people mostly dump for panic and maybe hate bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: Luqman on November 01, 2015, 04:13:47 PM
Just for making people panic and they will buy in the deep..


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 01, 2015, 04:59:39 PM
Overall the last dump that was yesterday it affected the price.
The dump was about -4% and comparing to now it is a drop of 10 dollars.
I think that people mostly dump for panic and maybe hate bitcoin.

50% panic.

Mostly people just like to increase bitcoin price without knowing all the terms revolving around it. When they see that the price is really high according to their will then they will just sell their coins to take advantage of the price kick.

50% for trading purposes.

Like I said in the previous post here, some traders don't wait too much for really price increase unless it's expected to increase before dumping coins. As long as there is a profit even a little, it will be alright.


Title: Re: Why people dump their Bitcoins ?
Post by: omahapoker on November 01, 2015, 05:14:51 PM
the average user gets excited when the price goes up like it did this week, and they think its at its peak and its not going any higher so they sell.

Its not wrong, they sure made a small profit, and theyre happy with it.

But the others, are scared and sell immediately


Title: Re: Why people dump their Bitcoins ?
Post by: jt byte on November 01, 2015, 05:21:18 PM
Overall the last dump that was yesterday it affected the price.
The dump was about -4% and comparing to now it is a drop of 10 dollars.
I think that people mostly dump for panic and maybe hate bitcoin.

50% panic.

Mostly people just like to increase bitcoin price without knowing all the terms revolving around it. When they see that the price is really high according to their will then they will just sell their coins to take advantage of the price kick.

50% for trading purposes.

Like I said in the previous post here, some traders don't wait too much for really price increase unless it's expected to increase before dumping coins. As long as there is a profit even a little, it will be alright.

For trading purpose if they really need them asap.
Or urgently as they made any profit in the past.
About panic it makes sense because panic affect directly emotionally the traders.


Title: Re: Why people dump their Bitcoins ?
Post by: Amph on November 01, 2015, 05:29:29 PM
Overall the last dump that was yesterday it affected the price.
The dump was about -4% and comparing to now it is a drop of 10 dollars.
I think that people mostly dump for panic and maybe hate bitcoin.

or it is some bot playing with each other and manipulating the shit out of the market, this is a more probable possibility, as i see it, than panic dumping

i believe weak hands are long gone, this is something different


Title: Re: Why people dump their Bitcoins ?
Post by: Betwrong on November 01, 2015, 05:36:09 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Yes, panic is always the main reason of all dramatical drops, not only bitcoin-related. The people that sell their coins out of panic not only lose their own money but also make others lose theirs.


Title: Re: Why people dump their Bitcoins ?
Post by: BitcoinBlackjack on November 01, 2015, 05:39:26 PM
A lot of people investing in bitcoin do so just as an investment, just like a stock in the stock market.
And just like in the stock market, when a company releases bad news, or when the price starts to decline, people sell and try to cut their losses!


Title: Re: Why people dump their Bitcoins ?
Post by: Denker on November 01, 2015, 06:02:25 PM
A lot of people investing in bitcoin do so just as an investment, just like a stock in the stock market.
And just like in the stock market, when a company releases bad news, or when the price starts to decline, people sell and try to cut their losses!

This is partly true.Another strategy is to take profits at the expected peak and buy back in when the price is lower.Result is profit in fiat and cheaper coins. Therefore you have to be really good in trading and know the psychology of the market. Whales for instance with a lot of money can play this game very easy because with big money you have big influence on the actual relatively small market cap.


Title: Re: Why people dump their Bitcoins ?
Post by: jt byte on November 01, 2015, 07:05:45 PM
Overall the last dump that was yesterday it affected the price.
The dump was about -4% and comparing to now it is a drop of 10 dollars.
I think that people mostly dump for panic and maybe hate bitcoin.

or it is some bot playing with each other and manipulating the shit out of the market, this is a more probable possibility, as i see it, than panic dumping

i believe weak hands are long gone, this is something different

Well yes i have seen many exchange bot that do this.
Especially those who 'use' it for a better exchange it sometimes dump the price.
And i think that new traders are afraid and don't want to lose more so they sell cheaper.


Title: Re: Why people dump their Bitcoins ?
Post by: Decoded on November 02, 2015, 04:27:45 AM
People dump their bitcoin in fear of bitcoin dropping again. Unbelievers.

It's also because some people bought bitcoin for about $200, and since it's gone up, people are running with the little profit they made.

And since it dropped on the weekend to around $230, it gives people a stronger reason to sell and run.


Title: Re: Why people dump their Bitcoins ?
Post by: ObscureBean on November 02, 2015, 07:28:06 AM
I think some of it may be simply due to people losing interest in Bitcoin. Not everyone gets into Bitcoin equipped with enduring passion, after a while some will naturally gravitate away from it. This is a natural process, nothing wrong with it, Bitcoin is still moving forward.


Title: Re: Why people dump their Bitcoins ?
Post by: addy boy on November 02, 2015, 10:12:34 AM
People dump their bitcoin in fear of bitcoin dropping again. Unbelievers.
It's also because some people bought bitcoin for about $200, and since it's gone up, people are running with the little profit they made.
And since it dropped on the weekend to around $230, it gives people a stronger reason to sell and run.
 Anf second reason is about  panic
Yes, panic is always the main reason of all dramatical drops, not only bitcoin-related. The people that sell their coins out of panic not only lose their own money but also make others lose theirs.


Title: Re: Why people dump their Bitcoins ?
Post by: makcik on November 02, 2015, 04:16:28 PM
Bitcoins have been looked upon by people with different views, some think it as positive and an effective powerful global currency. But, some people have negative views and they stopped using btc and dumped it. I'll try to clarify the reasons here.
(1) They invested and they got huge loss-- there are some people who invested in bitcoins and got a huge loss, they're feeling like cheated now , so they dumped btc.
(2) In some (maybe many) countries, btc is still not much used as it should be, so people think using btc is waste.
(3) No matter how much we say about security, btc is still not looked as secure by people and it's a reason for them directly dumping it.


Title: Re: Why people dump their Bitcoins ?
Post by: omahapoker on November 02, 2015, 04:20:59 PM

(2) In some (maybe many) countries, btc is still not much used as it should be, so people think using btc is waste.
(3) No matter how much we say about security, btc is still not looked as secure by people and it's a reason for them directly dumping it.

But if those reasons you listed are true, why would they acquire Bitcoins in the first place?

I think panic / small profit are the main 2 reasons why people dump them...


Title: Re: Why people dump their Bitcoins ?
Post by: ad2046 on November 02, 2015, 04:45:06 PM
Pump and dump scams involve two groups of people. First there are the players whoartificially increase the price ofa coin by promoting or endorsing it. They've spent several minutes, hours or even days buying up cheap coins, and when they are ready to dump them, they build up the buzz.


Title: Re: Why people dump their Bitcoins ?
Post by: prodigy8 on November 02, 2015, 08:58:20 PM
I think that people nowadays does not need to dump the price.
Because if they want to sell lower than actual price they can just wait.
And after few hours that price will be reached, why, because of the price rising.


Title: Re: Why people dump their Bitcoins ?
Post by: Slark on November 02, 2015, 10:56:52 PM
Pump and dump scams involve two groups of people. First there are the players whoartificially increase the price ofa coin by promoting or endorsing it. They've spent several minutes, hours or even days buying up cheap coins, and when they are ready to dump them, they build up the buzz.
If you can pump and dump scheme with bitcoin you must be really part of huge network of pumpers, or a whale yourself. You can't do that anymore when market is this big.
This scheme is more prevalent on altcoin field where price is usually very low and coin is new and everybody is hyped about it.


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 03, 2015, 12:38:57 AM
Today is another milestone of bitcoin price since it's last peak. Hopefully dumpers will behave and wait much more for the price increase. Anyways I see less dumps volume this early week. Look like some don't do a panic selling since they realized how fast the growth rate of btc price increases everyday.


Title: Re: Why people dump their Bitcoins ?
Post by: BitHappy24 on November 03, 2015, 09:25:31 AM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on November 03, 2015, 09:52:23 AM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right

this is in general if they bought let say 10 btc and price suddenly goes down yes they will sell just to try to save some money but this is wrong keep it price will go up eventually


Title: Re: Why people dump their Bitcoins ?
Post by: CoinThug on November 03, 2015, 10:00:15 AM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right

this is in general if they bought let say 10 btc and price suddenly goes down yes they will sell just to try to save some money but this is wrong keep it price will go up eventually

Yeah you are right, think is kinda handy if let say I have 1 BTC than I will still have it. Because now 1 BTC = $300+ is still alot of money so yeah.


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 03, 2015, 10:53:49 AM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right

this is in general if they bought let say 10 btc and price suddenly goes down yes they will sell just to try to save some money but this is wrong keep it price will go up eventually

Yeah you are right, think is kinda handy if let say I have 1 BTC than I will still have it. Because now 1 BTC = $300+ is still alot of money so yeah.

That's why Patience really matters if you are going to do a dumping matters. This kind of investment is a long term and really needs patience. Yes really stressful but can gave you a nice kick.


Title: Re: Why people dump their Bitcoins ?
Post by: pissedoff on November 03, 2015, 01:05:40 PM
Most people follow the trend they buy when the price goes up and dump when the price starts to fall.


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 05, 2015, 04:06:49 AM
Most people follow the trend they buy when the price goes up and dump when the price starts to fall.

People are like sheeps - when they see that someone around is doing something, sometimes just automatically they follow. Now we can see similar situation like dumping, but conversely - It is classic panic buy. Shortly we will see panic sell, and this is main reason of dumping.


Title: Re: Why people dump their Bitcoins ?
Post by: DaddyMonsi on November 05, 2015, 04:11:10 AM
people dump Bitcoins because they can't use it in their Country to buy whatever they need like in my case, I get paid in BTC for the signature campaign but after the payment, either I keep it or I sell it right away of I need money since I can't buy groceries for it.


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 05, 2015, 04:17:43 AM
people dump Bitcoins because they can't use it in their Country to buy whatever they need like in my case, I get paid in BTC for the signature campaign but after the payment, either I keep it or I sell it right away of I need money since I can't buy groceries for it.

:) Time for buying groceries will come.. maybe sooner than you think. :)
Now you can change BTC in any local Bitcoin Exchange and then transfer to your account. Transfer should to go no longer than from the bank account of your employer..


Title: Re: Why people dump their Bitcoins ?
Post by: DaddyMonsi on November 05, 2015, 04:29:19 AM
people dump Bitcoins because they can't use it in their Country to buy whatever they need like in my case, I get paid in BTC for the signature campaign but after the payment, either I keep it or I sell it right away of I need money since I can't buy groceries for it.

:) Time for buying groceries will come.. maybe sooner than you think. :)
Now you can change BTC in any local Bitcoin Exchange and then transfer to your account. Transfer should to go no longer than from the bank account of your employer..

Looking forward for that actually but for now I have to deal with changing BTC to fiat so I can buy my daily needs like food and petrol for my scooter.


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 05, 2015, 04:36:06 AM
people dump Bitcoins because they can't use it in their Country to buy whatever they need like in my case, I get paid in BTC for the signature campaign but after the payment, either I keep it or I sell it right away of I need money since I can't buy groceries for it.

:) Time for buying groceries will come.. maybe sooner than you think. :)
Now you can change BTC in any local Bitcoin Exchange and then transfer to your account. Transfer should to go no longer than from the bank account of your employer..

Looking forward for that actually but for now I have to deal with changing BTC to fiat so I can buy my daily needs like food and petrol for my scooter.

There are already places where you can pay for petrol with Bitcoin. It will be more and more popular. If you get paid in Bitcoin now, just hold and in future you will buy much more petrol than you can buy for that now ;)


Title: Re: Why people dump their Bitcoins ?
Post by: btccashacc on November 05, 2015, 06:41:55 AM
people dump Bitcoins because they can't use it in their Country to buy whatever they need like in my case, I get paid in BTC for the signature campaign but after the payment, either I keep it or I sell it right away of I need money since I can't buy groceries for it.

Thats why people dump their bitcoin, people have the ultimate control over their bitcoin, we cant forced them to hold their bitcoin, iam quite sure if bitcoin would be official currency and can buy everything its price would be stable


Title: Re: Why people dump their Bitcoins ?
Post by: Miracal on November 05, 2015, 07:10:42 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I think the people who dump their bitcoins at the start of a slump are the newbies, or they just panic as the understanding of the system is out of their reach due to less knowledge. They could alos be following the advice of someone who has lesser knowledge about how the price fluctuation works.


Title: Re: Why people dump their Bitcoins ?
Post by: benjason2 on November 05, 2015, 07:26:45 AM
Could be so many different reasons, panic, scare etc


Title: Re: Why people dump their Bitcoins ?
Post by: edward222 on November 05, 2015, 10:35:29 AM
Quote
Why people dump their Bitcoins ?

I guess they dont have any idea the value of it.


Title: Re: Why people dump their Bitcoins ?
Post by: randy8777 on November 05, 2015, 10:38:29 AM
for smart people it's all about taking profits and trying to create panic sellers to sell their coins. others are just scared or simply don't know at what price to sell, so they sell anyway to reduce their loss.


Title: Re: Why people dump their Bitcoins ?
Post by: safari88 on November 05, 2015, 11:21:30 AM
many factors that make them dump bitcoin, like a panic, needs or they are already sufficiently benefit :)


Title: Re: Why people dump their Bitcoins ?
Post by: Zaun on November 05, 2015, 02:17:07 PM
I can think of a bunch of reasons why people would dumb their bitcoins.

For one I think people tend to panic real quick when they see the bitcoin decreasing in value.

Second, they could be dumping it 'cause they can't use it whereever they live

Third they don't know what to do with it and it's just sitting there

As of now bitcoins aren't accepted everywhere yet like shops and stores, unless you buy stuff online, I would like to see this happen in the near future and can't wait for that day to come  ;)


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 05, 2015, 02:29:45 PM
One thing about the places in which we can pay Bitcoin. I suppose that shortly before Christmas will be a slight decrease in prices due to this that there still is not enough places where we can pay in BTC. Always in December we need more money for gifts and this may be the reason to dump.


Title: Re: Why people dump their Bitcoins ?
Post by: Shinpako09 on November 05, 2015, 03:29:15 PM
I think because they are in panic especially when the price is going down. They just dump it without thinking that the price will rise soon.


Title: Re: Why people dump their Bitcoins ?
Post by: HarryKPeters on November 05, 2015, 11:34:45 PM
I think because they are in panic especially when the price is going down. They just dump it without thinking that the price will rise soon.

The first time i panic selled i lost 20% of my investment. The second time, never happened..

Every currency has weak hands. People panic sell if they lose trust. Impulsive decision always lose compared to overthough decisions.

In my opinion, daytraders 'need' the weak hands to make profit. Without weak hands, how would they earn a living right?



Title: Re: Why people dump their Bitcoins ?
Post by: azguard on November 06, 2015, 06:41:37 AM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right

this is in general if they bought let say 10 btc and price suddenly goes down yes they will sell just to try to save some money but this is wrong keep it price will go up eventually

Yeah you are right, think is kinda handy if let say I have 1 BTC than I will still have it. Because now 1 BTC = $300+ is still alot of money so yeah.

That's why Patience really matters if you are going to do a dumping matters. This kind of investment is a long term and really needs patience. Yes really stressful but can gave you a nice kick.

patience is the key in this i must say
who waits make profit who want in quick to earn they will loose
its always like this


Title: Re: Why people dump their Bitcoins ?
Post by: Ulloa on November 06, 2015, 09:28:22 AM
I don't know why people dump ther Bitcoins.

That is not smart better wait when BTC goes up.

But I think they dump it, because they bought it and they don't know how to use it.


Title: Re: Why people dump their Bitcoins ?
Post by: Piltover on November 06, 2015, 10:01:15 AM
I never knew that people tere Bitcoin :/ that is not smart.

But I think they dump it because it goes low. But I would like to wait when goes up.

Because u never know.


Title: Re: Why people dump their Bitcoins ?
Post by: Raimonn on November 06, 2015, 10:26:09 AM
There are people who bought bitcoins at low prices, and now are selling its normal, some of them thought that price will go down and if it goes down they will return to bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: CryptoBjorn on November 07, 2015, 12:32:51 AM
There are people who bought bitcoins at low prices, and now are selling its normal, some of them thought that price will go down and if it goes down they will return to bitcoin.

Correct. Even if it goes back to 1k, i got pleny of altcoins and cloudmining i can sell to profit.

For now most of us want to take profit, and buy back when it goes lower.

waiting for day where everbody holds to upgrade the price, will never happen.. never if there are so many parties.


Title: Re: Why people dump their Bitcoins ?
Post by: HarryKPeters on November 07, 2015, 12:43:59 AM
Bitcoin is more a trading asset then a currency this moment. Meaning the usage, the purpose offcourse is different.

Give it a few years, bitcoin will mature and it increases will not be followed up by such decreases...


Title: Re: Why people dump their Bitcoins ?
Post by: futurebit640 on November 07, 2015, 12:48:24 AM
I think because they are in panic especially when the price is going down. They just dump it without thinking that the price will rise soon.

Don't think selling nothing but only a panic is the reason because many traders might have brought at lower level prices so they know that these prices may go down some more that's why to make profits out of that they will sell and buy back again when prices to some more down. This is purely a trading strategy so most common people may sell in panic but traders will take that advantage.


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 07, 2015, 12:01:58 PM
I think because they are in panic especially when the price is going down. They just dump it without thinking that the price will rise soon.

Don't think selling nothing but only a panic is the reason because many traders might have brought at lower level prices so they know that these prices may go down some more that's why to make profits out of that they will sell and buy back again when prices to some more down. This is purely a trading strategy so most common people may sell in panic but traders will take that advantage.

This usually occurs due to the operation of the market .. People are afraid to drop prices. But no one said anything about the most obvious thing - People just need the money!  ;D


Title: Re: Why people dump their Bitcoins ?
Post by: Nobitcoin on November 07, 2015, 12:09:30 PM
I think the reasons are :

1.Bought low sell high
2.Knew the price was going to drop
3.Had enough of Bitcoins rollercoaster price and made a quick exit
4. Needed the cash


Title: Re: Why people dump their Bitcoins ?
Post by: manselr on November 07, 2015, 04:08:02 PM
The #1 reason is fear mixed with lack of vision. Most people are idiots that get in just to get some extra money to drop on beers at the weekend. Not everyone understands the implications of Bitcoin, therefore, few will be the ones that own 21+ BTC in 10 years.


Title: Re: Why people dump their Bitcoins ?
Post by: ~Bitcoin~ on November 07, 2015, 05:12:58 PM
If this ongoing price fluctuation keep continuing than definitely people who have recently started to use bitcoin will dumb all of their coin in fear of large losses.


Title: Re: Why people dump their Bitcoins ?
Post by: Luqman on November 08, 2015, 01:10:23 AM
I think the reasons are :

1.Bought low sell high
2.Knew the price was going to drop
3.Had enough of Bitcoins rollercoaster price and made a quick exit
4. Needed the cash
Nah, good points bruh..


Title: Re: Why people dump their Bitcoins ?
Post by: GermanFoobla on November 08, 2015, 01:58:56 AM
The #1 reason is fear mixed with lack of vision. Most people are idiots that get in just to get some extra money to drop on beers at the weekend. Not everyone understands the implications of Bitcoin, therefore, few will be the ones that own 21+ BTC in 10 years.

You're right. Lack of vision is killing it.

With the coming of more and more services, bitcoin is the internet currency, if just more people could understand that..


Title: Re: Why people dump their Bitcoins ?
Post by: AncilVTwo on November 08, 2015, 02:01:24 AM
only reason i can think of is that if they're scared about the future of the currency and panic sell. they could sell if they feel like the price is at the peak.


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on November 08, 2015, 09:19:38 AM
I think because they are in panic especially when the price is going down. They just dump it without thinking that the price will rise soon.

Don't think selling nothing but only a panic is the reason because many traders might have brought at lower level prices so they know that these prices may go down some more that's why to make profits out of that they will sell and buy back again when prices to some more down. This is purely a trading strategy so most common people may sell in panic but traders will take that advantage.

This usually occurs due to the operation of the market .. People are afraid to drop prices. But no one said anything about the most obvious thing - People just need the money!  ;D

Yes, we only need to get some profit in bitcoin, we are not dump it, just trade it.  :)
Buy when the price quite low, and sell it again when the price going up a bit.
That's the best opportunity to get profit on bitcoin.

And actually people who got profit on bitcoin will never dump bitcoin. Guaranted


Title: Re: Why people dump their Bitcoins ?
Post by: Denker on November 08, 2015, 09:51:57 AM
only reason i can think of is that if they're scared about the future of the currency and panic sell. they could sell if they feel like the price is at the peak.

Maybe that's what they thought as we reached the 500s. At this point the selling started. Furthermore exponential growth fears many people because it is not sustainable.And therefore many guys look for an exit point. And because the 500 was very close and is a nice round number that had been for many the psychological barrier.
Today we are around 384 at the moment. This is very good and I have high hope that we can hold it and start another push on the way up soon.


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on November 09, 2015, 08:55:31 AM
think that most of them are scared
that why they dump coin

they all rushed to buy and then try to sold on first dumping


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 09, 2015, 09:33:04 AM
think that most of them are scared
that why they dump coin

they all rushed to buy and then try to sold on first dumping

Scared is not the right term.

People dump their coins with own reasons like;

..to make profit
..to take advantage of the price movement
..urgent needs / emergencies

.. and still many more that we don't know.


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on November 09, 2015, 09:45:51 AM
think that most of them are scared
that why they dump coin

they all rushed to buy and then try to sold on first dumping

Scared is not the right term.

People dump their coins with own reasons like;

..to make profit
..to take advantage of the price movement
..urgent needs / emergencies

.. and still many more that we don't know.

sure we now only what in our term
like you mentioned

real reason we might never know


Title: Re: Why people dump their Bitcoins ?
Post by: HarryKPeters on November 09, 2015, 12:10:46 PM
think that most of them are scared
that why they dump coin

they all rushed to buy and then try to sold on first dumping

Ignorance indeed.

Getting in for a quick gain and then blame bitcoin's volatiliy for their own stupid mistake. In the end a few market makers are making the market, the rest of the herd follows..


Title: Re: Why people dump their Bitcoins ?
Post by: roadbits on November 09, 2015, 12:48:32 PM
think that most of them are scared
that why they dump coin

they all rushed to buy and then try to sold on first dumping

It is not that most of the people who has sold are scared but they may be a smart people because who ever sold coins when prices are near 500$ now they can buy at cheaper price. That's why they can make more profit then people who just buy and keep coins for price appreciation. I also sold around 1 BTC about 470$.


Title: Re: Why people dump their Bitcoins ?
Post by: moneyflow on November 09, 2015, 01:06:30 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
True. Newbies have somewhat higher (unrealistic) expectations regarding the profit making fundamentals and this is the main reason that they tend to get frustrated of waiting and dump their Bitcoins. What they need to understand is that the BTC market works like any other market. The price is bound to rise when more people want in on the BTC market. A little bit of patience and analysis of the recent market trends can see them making substantial profit.


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 09, 2015, 01:42:05 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
True. Newbies have somewhat higher (unrealistic) expectations regarding the profit making fundamentals and this is the main reason that they tend to get frustrated of waiting and dump their Bitcoins. What they need to understand is that the BTC market works like any other market. The price is bound to rise when more people want in on the BTC market. A little bit of patience and analysis of the recent market trends can see them making substantial profit.

But in fairness with the current situation today unlike the past XT drama that many dump their coins, volumes of buy rate in the past days are rising near the average of sell rate. By looking at the  daily chart, you will see that graph almost the same everyday of pump and dump rate.


Title: Re: Why people dump their Bitcoins ?
Post by: manselr on November 09, 2015, 01:47:36 PM
I have seen it everytime in random forums, when Bitcoin starts going up everyone starts panicking about lossing the boat and ask how they can buy in, when it corrects, then think "oh well its over". You can't reach idiots, they will never know the fact that you have to buy and hold to win because this is a long term race


Title: Re: Why people dump their Bitcoins ?
Post by: Zorrocoin on November 09, 2015, 01:51:54 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I cannot say why ALL the people who dump their BTCs do so, however, the majority of them would be newbies and their unrealistic expectations. Maybe they think that as soon as they start trading their BTCs will double or triple. What they need to understand is that BTC trading is just like stock market trading. It has its ups and downs.


Title: Re: Why people dump their Bitcoins ?
Post by: CyberKuro on November 09, 2015, 02:23:42 PM
dump ? may mean selling their bitcoin.
I guess it is because of panic, especially recently bitcoin prices rose dramatically, so people think quickly to sell bitcoin that they had while the price is high


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 09, 2015, 02:25:22 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I cannot say why ALL the people who dump their BTCs do so, however, the majority of them would be newbies and their unrealistic expectations. Maybe they think that as soon as they start trading their BTCs will double or triple. What they need to understand is that BTC trading is just like stock market trading. It has its ups and downs.

Some also called the recent down from $500 to what is the price today as a market fail lol. Expecting too much will lead to ignorance of the price movement. Im not an expert nor trading specialist sut somehow I know what's going on.


Title: Re: Why people dump their Bitcoins ?
Post by: greBit on November 09, 2015, 02:39:07 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
First thing the newbies need to understand that the BTC market is as dynamic and (quite) unpredictable as the stock market. No need to get scared if you see a drop in prices, slumps are a part of it by nature. Just have a little more confidence in your analysis and keep in mind the recent market movements.


Title: Re: Why people dump their Bitcoins ?
Post by: StevenLiang on November 09, 2015, 03:17:42 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I cannot say why ALL the people who dump their BTCs do so, however, the majority of them would be newbies and their unrealistic expectations. Maybe they think that as soon as they start trading their BTCs will double or triple. What they need to understand is that BTC trading is just like stock market trading. It has its ups and downs.

Some also called the recent down from $500 to what is the price today as a market fail lol. Expecting too much will lead to ignorance of the price movement. Im not an expert nor trading specialist sut somehow I know what's going on.

The most important thing in digital currency like BTC is their marketplace.
If bitcoin accepted in global market, and specially on many online businesses. The bitcoin price can going up again.
But it is (for some people) their right to dump bitcoin. Because in fact bitcoin price is drop from $1,200 (Jan 2014) until today still at $381.

Do not know what happen on Jan 2016.


Title: Re: Why people dump their Bitcoins ?
Post by: richardsNY on November 09, 2015, 04:03:37 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I cannot say why ALL the people who dump their BTCs do so, however, the majority of them would be newbies and their unrealistic expectations. Maybe they think that as soon as they start trading their BTCs will double or triple. What they need to understand is that BTC trading is just like stock market trading. It has its ups and downs.

Some also called the recent down from $500 to what is the price today as a market fail lol. Expecting too much will lead to ignorance of the price movement. Im not an expert nor trading specialist sut somehow I know what's going on.

The most important thing in digital currency like BTC is their marketplace.
If bitcoin accepted in global market, and specially on many online businesses. The bitcoin price can going up again.
But it is (for some people) their right to dump bitcoin. Because in fact bitcoin price is drop from $1,200 (Jan 2014) until today still at $381.

Do not know what happen on Jan 2016.

Bitcoin is indeed a free market. People can simply buy or sell whenever they want. The Bitcoin price won't directly go up if more and more merchants accept it. In fact, it will go down more than up.


Title: Re: Why people dump their Bitcoins ?
Post by: CoinsRoyal on November 09, 2015, 04:14:27 PM
Most people would dump their bitcoins 'cause they scared of losing money

but like most people said, they trade/dump them and buy them again

endless cycle if you ask me but good investment


Title: Re: Why people dump their Bitcoins ?
Post by: roadbits on November 10, 2015, 09:25:37 AM
Most people would dump their bitcoins 'cause they scared of losing money

but like most people said, they trade/dump them and buy them again

endless cycle if you ask me but good investment

That is true. New people who enter into the bitcoins will dump once prices slightly go down because of scare and thinking prices may fall more and this kind of people are more in the market bu the other category people are like traders. They will sell when they make some profits from the coins and they know again they can buy at lower level of the price. I also usually sell when I make some profits and buy it again at lower price.


Title: Re: Why people dump their Bitcoins ?
Post by: Amph on November 10, 2015, 11:34:03 AM
Most people would dump their bitcoins 'cause they scared of losing money

but like most people said, they trade/dump them and buy them again

endless cycle if you ask me but good investment

in this endless cycle someone will actual lose money, the sum is zero where few gain a tons and many lose something

there is also the occasional situation where you have the same ratio between loser and winner

dumping for fear is never a good thing, usually i hold even more in those times


Title: Re: Why people dump their Bitcoins ?
Post by: velkros on November 10, 2015, 11:52:19 AM
I think the reasons are :

1.Bought low sell high
2.Knew the price was going to drop
3.Had enough of Bitcoins rollercoaster price and made a quick exit
4. Needed the cash

The main reason is the trading. Profit taking after price rise. The other is the expectation of price drop in the short term.


Title: Re: Why people dump their Bitcoins ?
Post by: azguard on November 10, 2015, 12:25:24 PM
I think the reasons are :

1.Bought low sell high
2.Knew the price was going to drop
3.Had enough of Bitcoins rollercoaster price and made a quick exit
4. Needed the cash

The main reason is the trading. Profit taking after price rise. The other is the expectation of price drop in the short term.

add fear
some who bought on lets say 320 and see jump price to 380 price is going down they sell
reason dont wanna loose money they invest


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 10, 2015, 01:38:46 PM
Why people dump their bitcoins because they want a quick profit. :D

Because after they dump bitcoin , they will buy bitcoin again and dump again. :P

Profit really matters rather than holding too much long for a sudden price kick. That is of the traders rule. This will lead some traders to acquired more coins while waiting for the awesome price kick.


Title: Re: Why people dump their Bitcoins ?
Post by: Djisamsoe on November 10, 2015, 01:59:02 PM
Why people dump their bitcoins because they want a quick profit. :D

Because after they dump bitcoin , they will buy bitcoin again and dump again. :P

Profit really matters rather than holding too much long for a sudden price kick. That is of the traders rule. This will lead some traders to acquired more coins while waiting for the awesome price kick.

Traders also dumps coins and more often than ordinary people. Bitcoin is still speculative coin and that is what traders make - they push people to panic dump to buy more, cheaper.
We can say that people dump coins because of traders.. :)


Title: Re: Why people dump their Bitcoins ?
Post by: harizen on November 10, 2015, 02:08:01 PM
Why people dump their bitcoins because they want a quick profit. :D

Because after they dump bitcoin , they will buy bitcoin again and dump again. :P

Profit really matters rather than holding too much long for a sudden price kick. That is one of the traders rule. This will lead some traders to acquired more coins while waiting for the awesome price kick.

Traders also dumps coins and more often than ordinary people. Bitcoin is still speculative coin and that is what traders make - they push people to panic dump to buy more, cheaper.
We can say that people dump coins because of traders.. :)

Panic dump is advantage for some traders. They always wait for it and taking advantage for every dip that the price will experience. Another trader saying is, accumulate more while it's dipping.


Title: Re: Why people dump their Bitcoins ?
Post by: RKing on November 10, 2015, 03:27:04 PM
Some people sell their bitcoin to make some short term profits. There is nothing wrong with that. Bitcoin has risen in very 3 year period.


Title: Re: Why people dump their Bitcoins ?
Post by: kauban2018 on May 04, 2018, 01:43:39 PM
The possible reason why people dump Bitcoin is that they are running out of patience in waiting when will be the status of Bitcoin will increase without knowing that its fluctuation is just normal to a business. They are tired of being so uneasy to have money without thinking that this is not their full time job to wait for their monthly salary. Actually bitcoin will not just help you in earning extra income but this will also help you in challenging yourself to become more patient and how willing you are to wait and to sacrifice.


Title: Re: Why people dump their Bitcoins ?
Post by: MendozaCharles on May 04, 2018, 02:13:21 PM
Bitcoin can be said to be a more valuable currency than other currencies, in which many of the participants in Bitcoin have made a lot of profit, I think in the future there will be more people involved in investing More Bitcoin, where other currencies will also grow.


Title: Re: Why people dump their Bitcoins ?
Post by: Destnhel on May 06, 2018, 01:08:08 AM
Maybe other are just scare because of some rumors that bitcoin will be banned or maybe scared to lose more without trying to risk some more and wait to gain big. Panic is one of the big reason why they dump their coins.


Title: Re: Why people dump their Bitcoins ?
Post by: airdrophunter on May 06, 2018, 01:59:57 AM
At its best, i think people are dumping their bitcoins when they already hit their price target be it medium high or very high. People are also shaken during crisis especially with FUDs spreading all around the internet that pushed them to sell off their bitcoin at a very low price.


Title: Re: Why people dump their Bitcoins ?
Post by: FUD Expert on May 06, 2018, 02:42:25 AM
One reason I know is because people don't want to waste opportunity to profit. I've seen many proof that people have shorting bitcoin these past months. After they dumped it at the highs, they buy it back again at lows.


Title: Re: Why people dump their Bitcoins ?
Post by: ocid on May 06, 2018, 03:35:28 AM
it can happen because they feel panic because there is always a downward trend in market prices, maybe they are very frustrated with the ever-decreasing market conditions like the previous weeks. most of the panic happens by people who are new to crypto and they are not used to the downward trend in market prices, but if they are able to be patient and are confident that bitcoin will continue to increase in value they will prefer to hold it in the long run.


Title: Re: Why people dump their Bitcoins ?
Post by: Cinemo on May 06, 2018, 03:47:32 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Not actually. People dump bitcoin cause they see that they profit in their investments so they sell their own bitcoin. So the effect is bitcoin is dumping. Then they buy it again so they  can wait another chance to make a profit even its a little.


Title: Re: Why people dump their Bitcoins ?
Post by: Et Hereum on May 06, 2018, 12:56:01 PM
Well maybe they lose hope and got tired of waiting so they think better sell it away to earn money today but they didn't think that the value of it will rise in the future.


Title: Re: Why people dump their Bitcoins ?
Post by: ucingucingan on May 06, 2018, 01:14:57 PM
Because many bitcoin owners do sell panicked because it is consumed by the issue that bitcoin will end, they end up selling bitcoins for fear of losses due to their bitcoin can not be sold. Indirectly it will make the bitcoin dump so that the price is destroyed and very cheap


Title: Re: Why people dump their Bitcoins ?
Post by: spartak-sbk on May 06, 2018, 02:06:32 PM
I think people have a panic of loss of losing their capital. Another option is not a large group of people who want to reduce the cost of bitcoin, to buy bitcoin at a lower cost.


Title: Re: Why people dump their Bitcoins ?
Post by: Baronggot on May 06, 2018, 02:31:12 PM
They (newbies in this forum and crypto) are dropping because they lost interest on it already when they realized that bitcoin's market price are plummeting the whole day. Other whales who have big quantity of bitcoin are trying to scare off other people too by selling their bitcoin at a lower price, thus, making bitocin's market price to fall drastically.


Title: Re: Why people dump their Bitcoins ?
Post by: Blondy12 on May 06, 2018, 02:39:12 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Weak hands are the common reason why people dumped their bitcoins and walked away. Maybe they are scared that if their going to hodl for more months, prices will continue for further dip and lost all their investment. They are being impatient to wait and cannot control emotions which is not really an ideal strategy in cryptocurrency’s world.


Title: Re: Why people dump their Bitcoins ?
Post by: carlisle1 on May 06, 2018, 03:03:11 PM
They (newbies in this forum and crypto) are dropping because they lost interest on it already when they realized that bitcoin's market price are plummeting the whole day. Other whales who have big quantity of bitcoin are trying to scare off other people too by selling their bitcoin at a lower price, thus, making bitocin's market price to fall drastically.
Thats what happen if weak hands are involved,those cant even wait for just a few for the coin to recover..
Look at them becomes very bitter when the price suddenly increases after just an hour .

This is the reason why those whale manipulators enjoying to make a dump and pump and gain from this scare investors


Title: Re: Why people dump their Bitcoins ?
Post by: charlemagne_15 on May 06, 2018, 03:14:38 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

A certain group of people or just simply a person dumb they bitcoin maybe because of the 'panic' that they feel. It is normal to do such things without a better decisions when they sense that something isn't right. So some of the bitcoiners tend to do a panic selling. Another reason is they think bitcoin is not doing well or at the verge of ending. In addition, maybe some of them are in needs of money immediately.


Title: Re: Why people dump their Bitcoins ?
Post by: Rakesh_alejandro on May 06, 2018, 03:37:13 PM
Could be so many different reasons, panic, scare etc


I think as we saw on BitcoinXT last time, people start to panic and just sell their bitcoin and it causes a price reduction.
I personally (and this is just my opinion) that it's more panic then just needing money or something else


Title: Re: Why people dump their Bitcoins ?
Post by: Choyor on May 06, 2018, 03:46:17 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
It all happens because the panic is so high that the group of people throw away their Bitcoin to avoid losing more without thinking about its loss. this phenomenon is a lesson for us to minimize the panic and wait for bitcoin pumping to avoid loss.


Title: Re: Why people dump their Bitcoins ?
Post by: mifanmuzny on May 06, 2018, 03:48:53 PM
The recent influx of adaptors probably had multiple coins in their portfolio. Understandably, they panic sold and dumped everything to fiat when the dip happened.


Title: Re: Why people dump their Bitcoins ?
Post by: BitcoinNational on May 06, 2018, 03:54:53 PM
Well when the price crashes, lots of speculations and analysis are made. Most often, they don't support the bitcoin. As an investor, if you think that bitcoin is going to crash, what do you do? You sell. and this is a domino effect


Title: Re: Why people dump their Bitcoins ?
Post by: DjTremor on May 06, 2018, 04:01:17 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
It all happens because the panic is so high that the group of people throw away their Bitcoin to avoid losing more without thinking about its loss. this phenomenon is a lesson for us to minimize the panic and wait for bitcoin pumping to avoid loss.

Some people need urgent cash and they dump their bitcoins to get cash from their local exchanges or bitcoin atms. That is the main reason causing this. Otherwise it's not a right thing to dump bitcoins on exchanges. It creates more loss at the end of any dump.


Title: Re: Why people dump their Bitcoins ?
Post by: TIDOVEE on May 06, 2018, 04:18:53 PM
The dump you mean: Bitcoin user abandoning bitcoin .
A lot of factors could be responsible for this.
Impatience; many users cannot afford to wait till it is yielding reasonable profit,probably some people need money than their work.
Secondly, some users cannot be diligent enough to follow the demanded rules of many projects.and therefore make very little.
Therefore many get frustrated and abandone Bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: Betheng10 on May 06, 2018, 04:35:11 PM
Bitcoin is cash, some really are in panic selling some might need it for emergency. People who dumps bitcoins are usually panic sellers who usually gives up on bitcoin already.

This also contributes a little to bitcoin as they help move btc's in the market, they sell when prices go low therefor some experienced traders would buy and helps kicks ba k up the prices.


Title: Re: Why people dump their Bitcoins ?
Post by: Bitcoin-Turkiye on May 06, 2018, 05:45:14 PM
some investors  have a panic of loss of losing their capital.  for example, the man who buys a bitcoin at a price of 20k usd. it makes a hodl if there is a very solid will.  and the investor who sees the price of 6k USD will sell it immediately when he sees 9500, 10000 dollars.


Title: Re: Why people dump their Bitcoins ?
Post by: Best Dreams on May 06, 2018, 10:44:12 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Not actually. People dump bitcoin cause they see that they profit in their investments so they sell their own bitcoin. So the effect is bitcoin is dumping. Then they buy it again so they  can wait another chance to make a profit even its a little.
Yes they sell it for profit but just imagine if they will hold with patience and will not sell at panic they can earn tripped than this so I always try not to sell when price rise for some time, holding is really good thing so don’t sell at panic ever, it is good to buy with profit but it is best to hold your present bitcoin for long time at least for more than 3 years then it will earn highest profit higher than their earning from two time investing.


Title: Re: Why people dump their Bitcoins ?
Post by: @baracitamon on May 06, 2018, 10:45:07 PM
I also sold my bitcoin to the market. The price of BTC is rising and tends to decrease.


Title: Re: Why people dump their Bitcoins ?
Post by: snaper14 on May 06, 2018, 10:59:01 PM
panic is one of the main reasons but on the other hand some other need money or want to buy something for themselves or their relatives and dump their btc.


Title: Re: Why people dump their Bitcoins ?
Post by: fianaindriati on May 06, 2018, 11:33:29 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I think the price of yesterday's downhill is very much causing everyone to panic and they sell their coins, and go straight away. because they may be surprised by the declining bitcoin prices.


Title: Re: Why people dump their Bitcoins ?
Post by: storfox on May 06, 2018, 11:47:56 PM
Many sell bitcoin when the price on the market goes down this is normal because they then buy bitcoin at a better price so they are trading bitcoin to increase their balance in bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: chrisculanag on May 06, 2018, 11:58:55 PM
Sometimes you need to dump the coin to buy more and earn profit , but sometimes people do dump of the coins to sell fast because of panic .  Remember if you think you profit just sell it and wait for the dump to buy again or try to find another dump coins that has a potentially grow up like etherium and many altcoins. But you always remember the RISK .


Title: Re: Why people dump their Bitcoins ?
Post by: elkafee79 on May 07, 2018, 04:16:36 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I think it is normal. the bitcoin is high volatile.you mean dump by selling and not buying back, then that's just normal for someone who's been holding in a bear trend for over a year.dont panic when the price is down. it will rise soon.


Title: Re: Why people dump their Bitcoins ?
Post by: PIR on May 07, 2018, 06:02:14 AM
Some people dump their bitcoin for more profit the more they stress people to sell their bitcoin out of panic the more they grab the opportunity for greater profit and because it value is fluctuation this is more advantageous for them.


Title: Re: Why people dump their Bitcoins ?
Post by: arcanayou on May 07, 2018, 06:17:11 AM
the main reason for falling bitcoin prices is because of negative news, or people no longer believe in bitcoin. there is also because there are people or institutions that sell very large amounts of bitcoin so the price falls very deep. I do not really like bitcoin at playing the price just for a moment profit, I buy and save for investment and not for speculation, but high bitcoin prices more much because of speculative motives


Title: Re: Why people dump their Bitcoins ?
Post by: ansertyto on May 07, 2018, 06:29:44 AM
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Title: Re: Why people dump their Bitcoins ?
Post by: Commitments on May 07, 2018, 06:55:15 AM
Many people want to take and make bitcoin dump on price, many of them want to make bitcoin price on the low to take great chance to buy and invest their money in bitcoin. they want to make much profit if bitcoin on the low price, its why they want to make bitcoin at low price. We have always find they make news fake and negative information about bitcoin to take chance bitcoin at low price and buy as much money they have.


Title: Re: Why people dump their Bitcoins ?
Post by: jerix on May 07, 2018, 07:10:19 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else, as we saw on the BitcoinXT last time, people started to panic and simply sold their bitcoins and that caused a drop in the price.
Some people choose to throw away or sell the Bitcoin they have because the price of Bitcoin is falling and they do not want to hold it for too long for fear of falling prices. So the conclusion they take is to sell Bitcoin as soon as possible. Though it is only detrimental to themselves and make the price of Bitcoin fall.


Title: Re: Why people dump their Bitcoins ?
Post by: patarfweefwee on May 07, 2018, 07:13:12 AM
Very plainly, they doubt that Bitcoin can actually recover. I mean some people see crypto currencies as a way to have an income. Others, actually see crypto currencies as a way to universalize exchanges and make it stable. So, whenever there's dips happening, the former sells their coins to save their investments and the latter buys more to stabilize the market to save their investments.


Title: Re: Why people dump their Bitcoins ?
Post by: LegendOF45 on May 07, 2018, 07:19:27 AM
Of course they have a goal when dump bitcoin, and of course they hope to buy at a cheap price, I've heard the news that that makes negative news about bitcoin are bitcoin millionaires because they expect the price drop and they can buy cheaply.


Title: Re: Why people dump their Bitcoins ?
Post by: brengoskandel on May 07, 2018, 07:37:27 AM
for smart people it's all about taking profits and trying to create panic sellers to sell their coins. others are just scared or simply don't know at what price to sell, so they sell anyway to reduce their loss.


Title: Re: Why people dump their Bitcoins ?
Post by: NavI_027 on May 07, 2018, 08:53:13 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Well, what I've seen based on my friend's experience, it is somehow related to "panicking" also.

After I introduced cryptocurrency (bitcoin to be more specific) to my friend, he decided to buy some small amount of btc and hodl it. That's what I adviced him to do since it's now hard to make at least jr. Member account and join signature campaigns here, investing in HYIPs are risky and claiming in btc faucets is just a waste of time. But one day while I asking him about his savings, he suddenly told me that he now already converted his btc into peso. He said that he felt afraid after looking to down lines on the graph and just did it, maybe because he can't stand a big dip (the time where btc almost reach $8200).

Though already explained to him that fluctuations are normal in this field, I can't still blame him for doing that because i understand that he's just a beginner.

In addition, I think people choose to dump their coins because for them that's the best time to do so (like what happened before the end of 2017). They are already satisfied to the profit they could get and no longer hesitate because they might miss that great opportunity.


Title: Re: Why people dump their Bitcoins ?
Post by: julzcoinbit on May 07, 2018, 09:16:01 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Well, what I've seen based on my friend's experience, it is somehow related to "panicking" also.

After I introduced cryptocurrency (bitcoin to be more specific) to my friend, he decided to buy some small amount of btc and hodl it. That's what I adviced him to do since it's now hard to make at least jr. Member account and join signature campaigns here, investing in HYIPs are risky and claiming in btc faucets is just a waste of time. But one day while I asking him about his savings, he suddenly told me that he now already converted his btc into peso. He said that he felt afraid after looking to down lines on the graph and just did it, maybe because he can't stand a big dip (the time where btc almost reach $8200).

Though already explained to him that fluctuations are normal in this field, I can't still blame him for doing that because i understand that he's just a beginner.

In addition, I think people choose to dump their coins because for them that's the best time to do so (like what happened before the end of 2017). They are already satisfied to the profit they could get and no longer hesitate because they might miss that great opportunity.
Yeah, because they were new in cryptocurrency that's why they are easily to get panic the hard fork appears in bitcoin market. And sometimes because of some certain bad news suddenly appears were focusing criticized bitcoin is one of the fact where make bitcoin drops it value and those new investors were easily get affected on that.


Title: Re: Why people dump their Bitcoins ?
Post by: alazne lily on May 07, 2018, 09:19:49 AM
I think because a lot of people needs to pay their bills. That's why they're surrender all their bitcoins.
If most of them surrender their bitcoin, the price of the bitcoin will become more lower.


Title: Re: Why people dump their Bitcoins ?
Post by: semarmesem195 on May 07, 2018, 09:33:39 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe the person wants to switch to a new coin and needs the funds so dump bitcoin in order to buy a new coins. The result certainly makes bitcoin price to be cheap but there is a rising other coin price that may occur for that reason.


Title: Re: Why people dump their Bitcoins ?
Post by: jayyen on May 07, 2018, 10:36:35 AM
I think right now nobody will dump bitcoin because everyone in any crevice of this world has heard about the value of bitcoin now.So to just dump it,I bet to differ that people now value bitcoin a lot.They will rather hold than to just dump their bitcoin.Maybe some altcoins maybe dumped but not bitcoin itself.


Title: Re: Why people dump their Bitcoins ?
Post by: BulbaLord on May 07, 2018, 11:06:04 AM
In my opinion its because people think the value of bitcoin is going down and down. That  makes people sell their bitcoin in lowest price.
Or may be because of  people badly needed a cash that time.  That's my big opinion.


Title: Re: Why people dump their Bitcoins ?
Post by: genocide on May 07, 2018, 11:43:51 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe because they are afraid that their investment will lose its value, that's why before it happens, they will sell their bitcoin as long as they have a small profit from it. Unfortunately, this reason makes the price to fall down as it decreases the demand. we all know that if the supply is higher than the demand, the price will get lower as expected.


Title: Re: Why people dump their Bitcoins ?
Post by: Wong Goblog on May 07, 2018, 12:06:13 PM
Actually people do not intend to dump their bitcoin, I'm sure the main factor that makes them sell bitcoin because of the many negative news about bitcoin, for example a few ago that said that all countries agreed to bitcoin banned, it turns out it is false news but it has a big impact for users.


Title: Re: Why people dump their Bitcoins ?
Post by: Binmado on May 07, 2018, 12:08:47 PM
At this time, BTC prices are rising above $ 9000. They are likely to take profits at this level, they fear the BTC will continue to fall.


Title: Re: Why people dump their Bitcoins ?
Post by: Ondongeric18 on May 07, 2018, 12:09:49 PM
It could be because of dissatisfaction or maybe because of immediate needs that is why they are dumping coins. But the most common thing I noticed about the cryptocurrency market is the FUD that really makes an impact on users decisions as to whether to hold or to dump. Mostly fear causes dumping.


Title: Re: Why people dump their Bitcoins ?
Post by: sclmte on May 07, 2018, 12:15:42 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Its maybe because they are losing hope that bitcoin will never recover and this make them into panic mood. Or maybe there is a certain reason why they chose to dump their  bitcoin like they need more cash for personal matters or for emergency purposes. But Im sure there is only 1/100 out there dump his bitcoin and walk away. But for those who understand the system of bitcoin prefer to stay no matter what.


Title: Re: Why people dump their Bitcoins ?
Post by: kisscoin on May 07, 2018, 12:19:58 PM
People have invested in bitcoin to make money on it and traders who have little experience, or are afraid to take risks, of course, began to sell their cryptocurrency to get at least some profit or return what they have invested. Of course, this is not a very competent approach, but without such people and such differences in price would not have arisen. So tell them thank you and buy when the price is low! Wait for growth in the price and sell  ;)


Title: Re: Why people dump their Bitcoins ?
Post by: Lorence.xD on May 07, 2018, 12:22:10 PM
People dump or sell thier bitcoins due to many reasons..some of these reasons are panic--Some people lose patience watching the price of bitcoin drop and they just got panic enough to sell thier coins and walk away and thus just dropping the price of bitcoins little more...Another reason is loss of trust in bitcoins..People also dump bitcoins when they hear a lot of scam going around by people related to bitcoins stealing etc and people think that bitcoin network isnt secure so they sell and walk away :P

Bitcoin investor can sell out their Bitcoin anytime they want,that's their choices. For what ever reason they own their Bitcoin share and they can do what ever for the said share of Bitcoin. Some investor in trading market on crypto currency can practice the simple principle in Trading "Buy low and sell High".But some other reasons maybe a personal one, lost interest on trading of Bitcoin, lost of trust on Bitcoin or lost confidence on the said project, no time to trade, and there is a lot more can be attributed to that. One thing we can sure of of his action, something individual choices for as long as we are not affected by his action, we can just wonder why?


Title: Re: Why people dump their Bitcoins ?
Post by: fiulpro on May 07, 2018, 12:28:37 PM
There are plenty of reasons that they do that

Some just need money

Some think it's dead forever

Some get bored of it's volatility and want to encash after seeing the big price difference

Some think it's better to invest in a regular business after earning so much

There are plenty of reasons but at the end of the day it's their decision, but am sure they regret it when the price hits high .


Title: Re: Why people dump their Bitcoins ?
Post by: gilangIDR on May 07, 2018, 12:30:58 PM
Actually people do not intend to dump their bitcoin, I'm sure the main factor that makes them sell bitcoin because of the many negative news about bitcoin, for example a few ago that said that all countries agreed to bitcoin banned, it turns out it is false news but it has a big impact for users.
It's usually done by people who want to take a chance in the dumping incident. They will buy bitcoin in large quantities and then when the price increases then they will sell it. That is a strategy, but for me it is an unfair act because it is very harmful to many people. This is something that requires a lot of money, but I make sure that people who do dumps are usually a group and made up of several people. Dumpmakers need huge funds and that is why dumps are sometimes needed.


Title: Re: Why people dump their Bitcoins ?
Post by: JackdunR on May 07, 2018, 01:23:21 PM
In recent times, the market has fallen sharply. A few days ago, the price of BTC rose again, when the high price of BTC was the time when some investors sold the BTC to take profits. They bought the BTC at a low price, when the BTC was priced at $ 6000. now $ 9000. So they decided to sell their BTC to the market.


Title: Re: Why people dump their Bitcoins ?
Post by: magmar on May 07, 2018, 01:29:17 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I think the reasons why they are dumping their bitcoins is they are losing hope because they are just a new comers here so they do not really know how the bitcoins works and behaviors are so they do not know that the bitcoins will rise again before the year ends. And maybe some of them have an emergency and they really needed that money so they are gonna cash it out even if the price falls becwuse they have no choice.


Title: Re: Why people dump their Bitcoins ?
Post by: barnes13 on May 07, 2018, 01:30:26 PM
Actually people do not intend to dump their bitcoin, I'm sure the main factor that makes them sell bitcoin because of the many negative news about bitcoin, for example a few ago that said that all countries agreed to bitcoin banned, it turns out it is false news but it has a big impact for users.
It's usually done by people who want to take a chance in the dumping incident. They will buy bitcoin in large quantities and then when the price increases then they will sell it. That is a strategy, but for me it is an unfair act because it is very harmful to many people. This is something that requires a lot of money, but I make sure that people who do dumps are usually a group and made up of several people. Dumpmakers need huge funds and that is why dumps are sometimes needed.
Yes I agree with you that it is unfair action, but this is always happening also in crypto world, dumping that they do is to take advantage of the panic trader and most traders who panic are traders with small capital and people who new in crypto world, because they only see Bitcoin from the price can't see the history and value of Bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: Btcwashu on May 07, 2018, 01:51:09 PM
Actually people do not intend to dump their bitcoin, I'm sure the main factor that makes them sell bitcoin because of the many negative news about bitcoin, for example a few ago that said that all countries agreed to bitcoin banned, it turns out it is false news but it has a big impact for users.
It's usually done by people who want to take a chance in the dumping incident. They will buy bitcoin in large quantities and then when the price increases then they will sell it. That is a strategy, but for me it is an unfair act because it is very harmful to many people. This is something that requires a lot of money, but I make sure that people who do dumps are usually a group and made up of several people. Dumpmakers need huge funds and that is why dumps are sometimes needed.
Yes I agree with you that it is unfair action, but this is always happening also in crypto world, dumping that they do is to take advantage of the panic trader and most traders who panic are traders with small capital and people who new in crypto world, because they only see Bitcoin from the price can't see the history and value of Bitcoin.

Yes it is, they are dumping their bitcoin because of what happen with the bitcoin price now is too low and they are afraid that bitcoin are going to crash. They think that their investment goes nothing and thats why some people are now selling their bitcoin in a low price. One of the main reason why they are selling their bitcoin because of the FUD and the negative issues coming from the social media and now people who are lack of belief in the bitcoin will do panic selling.


Title: Re: Why people dump their Bitcoins ?
Post by: Nichao on May 07, 2018, 01:58:02 PM
imho it's much more simple:
1) he needs money - no comments
2) he is afraid/wants that the price will go down
3) he wants to invest in something else.
No more reasons :)


Title: Re: Why people dump their Bitcoins ?
Post by: Boldcom on May 07, 2018, 02:06:21 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .


people dumping their bitcoins, it’s not our problem. it is their decision. at the end of the day, whether they profit or not, it’s their money. likewise, whatever our decision is, it’s our choice. not theirs’.


Title: Re: Why people dump their Bitcoins ?
Post by: PalindromemordnilaP on May 07, 2018, 02:15:46 PM
I theorized that these people who are dumping their bitcoins are actually selling their bitcoins at a better price. No one would ever love to dump their huge amount of bitcoin because they panic. It can also be that these people lose interest and that they sell their bitcoin because they wanted to buy another alt coins.


Title: Re: Why people dump their Bitcoins ?
Post by: DogmaF10 on May 07, 2018, 02:19:58 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

You asked this question in 2015.. now it is 2018, I dont think your question will be relateable anymore right now.. why on the earth in 2018 people will dump their bitcoin??  :D :D
The trend is still positive now, it will stay like this for upcoming months i think.. Those who dumped their bitcoin in 2015, must be feel so sorry right now


Title: Re: Why people dump their Bitcoins ?
Post by: eroejoe on May 07, 2018, 02:24:22 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I think that panic is not related to dumping Bitcoins. I think that people expect price will go down from price where they sell, so they can buy more Bitcoins for lower price. It is all about speculation in my opinion. Today is speculation that Bitcoin price will go down so we have -3,31% daily price change.


Title: Re: Why people dump their Bitcoins ?
Post by: Faxmate on May 07, 2018, 06:33:37 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe the person wants to switch to a new coin and needs the funds so dump bitcoin in order to buy a new coins. The result certainly makes bitcoin price to be cheap but there is a rising other coin price that may occur for that reason.
Well I don’t think so that any of bitcoin user would like to sell bitcoin for any other coin, as everyone knows who good and profit worthy bitcoin is, for me it is all about patience, if they will deal with bitcoin with patience they will not find anything else better than bitcoin, so according to me they sell to reach their daily life needs which is not a good choice for wise and good investors.


Title: Re: Why people dump their Bitcoins ?
Post by: xvids on May 07, 2018, 06:51:39 PM
My only reason why I sell it is because I need some Fiat for my expenses,
But as long as I really don't need some Fiat then I would continue to hold it ,
I think it could go up again and maybe it would make another ATH price .
There are also some people who sell their Bitcoin to buy something that they want or they need.


Title: Re: Why people dump their Bitcoins ?
Post by: denis-z12 on May 07, 2018, 07:56:47 PM
It depends when the person entered the market, meaning what were the Bitcoins worth at the time of purchase. If the initial investment was when BTC was $1000 and he sells them now for $9000+ its not really a dump as he is making a huge profit from the sale. It would be considered a dump in the eyes of investors who bought at 9000 or even more at $19.000 back in December. 


Title: Re: Why people dump their Bitcoins ?
Post by: dynospytan on May 07, 2018, 07:57:36 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?  
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
here are different categories of people, some people (like me) use it just as a currency, I buy it, spend it then buy again, the price of it rarely bothers me, since it's pretty stable for sometime now with minor ups and downs. Then there are people who buy it as an investment and to answer your question, they dump it because maybe they made their profit and will buy again when the price drops or they lost some money and they don't think it's safe to keep on holding them anymore but for whatever reason someone dumps bitcoin it's really up to them what they do with their own money and I say let's not judge them and call them names, time will tell if they were losers or winners.


Title: Re: Why people dump their Bitcoins ?
Post by: krogothmanhattan on May 07, 2018, 08:12:08 PM
Why do people dump their bitcoin? Like in any other market either they panic or sell off to lock in their profits..especially traders who are not interested in buying and hodling onto bitcoin.

   There is also the fear of losing money especially when buying at a higher price and the price of bitcoin plummets.

    I used to fall in that category. Now i just buy and hodl regardless of what the price of bitcoin is. I am in for the long term of bitcoin and am not affected by the constant price swings the market sees on a daily basis


Title: Re: Why people dump their Bitcoins ?
Post by: s.mahmood on May 08, 2018, 04:57:41 PM
I am 100% agree with all replies but I think the main reson to dump coins is panic.


Title: Re: Why people dump their Bitcoins ?
Post by: freshbcash on May 09, 2018, 07:31:06 PM
You all say it right, it's just a panic of people who do not know how to correctly trade in the crypto-currency market.


Title: Re: Why people dump their Bitcoins ?
Post by: bib24 on May 09, 2018, 09:09:56 PM
People with low risk tolerance usually dump their coins easily when the price drop.


Title: Re: Why people dump their Bitcoins ?
Post by: Xising on May 09, 2018, 09:30:06 PM
 :-X
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I think they do that because they fear that they would lose their investment. Most people sell off their Bitcoin because of panic, especially when the market is not doing good. And usually, they regret that because only after a couple of months, Bitcoin tends to get back up and regain its lost value that those people who were not patient enough surely would regret their move. However, I can't judge them because it's just so hard to see your investment go down 50% than what you bought it for. Not very many can stay patient in the face of that.


Title: Re: Why people dump their Bitcoins ?
Post by: Superzpay on May 09, 2018, 09:55:53 PM
People with low risk tolerance usually dump their coins easily when the price drop.
That is right but they include those people who have to do any thing with their money and they need it for their life while other who do not need them for their needs do not sell no matter how much they have to wait. I have a friend who told me a few weeks ago that he invested in bitcoin at a high level and when the price started to drop he felt the fear that he will lose more then he sold his coins at some lose.


Title: Re: Why people dump their Bitcoins ?
Post by: joykulot on May 09, 2018, 11:03:04 PM
People with low risk tolerance usually dump their coins easily when the price drop.
Yeah, they are afraid of losing their bitcoin suddenly so they dump it. They are the people who are not fully trust the Bitcoin. But what can we do, that's it for them.


Title: Re: Why people dump their Bitcoins ?
Post by: Harrow30 on May 09, 2018, 11:27:00 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Dumping is relative and depending on the quantity of Bitcoin you have to call it a dump really. I will say people dump mostly because of FUDS most of the time and for those around me, the only reason to dump is because of need of immediate fiat!


Title: Re: Why people dump their Bitcoins ?
Post by: soenaderecho10 on May 10, 2018, 01:42:39 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Dumping is relative and depending on the quantity of Bitcoin you have to call it a dump really. I will say people dump mostly because of FUDS most of the time and for those around me, the only reason to dump is because of need of immediate fiat!




I think theres some reason why people dump the bitcoin like the price will goes down and the holder of bitcoin will be panic so that people force to sell and the otheres sell it because the price is good and the holder get a good profit.
But the commonly force sell the bitcoin is emergency and need to get a cash so that people sell it even some of money well be loss..


Title: Re: Why people dump their Bitcoins ?
Post by: KrishaBitcoin on May 10, 2018, 01:49:10 AM
People with low risk tolerance usually dump their coins easily when the price drop.
Yeah, they are afraid of losing their bitcoin suddenly so they dump it. They are the people who are not fully trust the Bitcoin. But what can we do, that's it for them.

We really don't know their reason behind in which maybe they were force to dump their Bitcoin because they need money to spend for their daily usage that some of us are joining Bitcoin investments as their source of other income to support their daily needs. Like me i will sell my Bitcoin anytime as soon as i will need money for my emergency spending.


Title: Re: Why people dump their Bitcoins ?
Post by: Bacotan Bae on May 10, 2018, 01:56:28 AM
I'm sure they do not intend to dump, they sell bitcoin because they really need fiat to meet their needs, just like me who sells bitcoin a few times even at a cheap price because I really need money to pay for my life.


Title: Re: Why people dump their Bitcoins ?
Post by: zoeylee on May 10, 2018, 02:04:51 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

In my point of view that why people dumped their BTC it is because they have locked of knowledge on it.


Title: Re: Why people dump their Bitcoins ?
Post by: Kakawate on May 10, 2018, 02:09:41 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

In my opinion, maybe they already got what their goal is, and any addition to the value of bitcoin is just a bonus to their target profit, but mostly, people are selling because they are having a panic, bitcoin had been loosing its value and people are having a panic, so they tend to sell their bitcoin so that they might get whatever remains of their investment.


Title: Re: Why people dump their Bitcoins ?
Post by: belalangsembah on May 10, 2018, 01:51:04 PM
People tend to panic when the value's are dropping. They might sell it and buy some back again when they feel the timing is right

The result, of course, makes bitcoin prices cheaper but there are other coin price increases that may occur for that reason. Because maybe the person wants to switch to new coins and need the funds so throw bitcoin to buy new coins


Title: Re: Why people dump their Bitcoins ?
Post by: raybut37 on May 10, 2018, 02:19:02 PM
I'm sure they do not intend to dump, they sell bitcoin because they really need fiat to meet their needs, just like me who sells bitcoin a few times even at a cheap price because I really need money to pay for my life.

There are so many reason why people sell their bitcoin depending on their needs, some sell their bitcoin due panic of price fluctuation they dont want to loss their investment including capital and due emergency need that requires fiat.



Title: Re: Why people dump their Bitcoins ?
Post by: ekalak manjeng on May 10, 2018, 02:19:42 PM
in my opinion, they are panicking or impatient about the decline in bitcoin prices so they take shortcuts to sell them.


Title: Re: Why people dump their Bitcoins ?
Post by: dificanovi on May 10, 2018, 02:40:25 PM
I think people throw away their bitcoin because the stress of seeing bitcoin prices in the market is getting cheaper, so those who have little experience about bitcoin then they sell it for a very cheap price. besides that there are also factors that make someone throw away their bitcoin that is because they are in dire need of money so they are willing to sell bitcoin at a very cheap price.


Title: Re: Why people dump their Bitcoins ?
Post by: Legone on May 10, 2018, 02:42:50 PM
People dump or sell thier bitcoins due to many reasons..some of these reasons are panic--Some people lose patience watching the price of bitcoin drop and they just got panic enough to sell thier coins and walk away and thus just dropping the price of bitcoins little more...Another reason is loss of trust in bitcoins..People also dump bitcoins when they hear a lot of scam going around by people related to bitcoins stealing etc and people think that bitcoin network isnt secure so they sell and walk away :P
I think only a few those kind of people, usually, most bitcoin users were purely understood the flow of crypto market are the people who have more experienced that they could determine either for long term or for short term investments.


Title: Re: Why people dump their Bitcoins ?
Post by: icohunter1024 on May 10, 2018, 03:15:40 PM
I do not think it's panic because when the bitcoin price is nearly $ 20000, there are not many sellers and they are buying. The downside may be due to some investors snapping profits to other assets such as gold and dollars. And maybe the sharks are deliberately trying to buy back


Title: Re: Why people dump their Bitcoins ?
Post by: Javeron on May 10, 2018, 03:21:14 PM
Weak hearted and scared BTC owners automatically sells their BTC if they found out and see that the BTC's value will go down..  Without having further damage and loss these people tend to sell all their BTCs and avoid risks of lossing money.


Title: Re: Why people dump their Bitcoins ?
Post by: yunzau on May 10, 2018, 03:44:35 PM
Yes it dikarenaian many factors that require fast money to ensure financially and bill charges for the miners.


Title: Re: Why people dump their Bitcoins ?
Post by: Apes on May 10, 2018, 03:46:19 PM
The reason they throw it away may be because of panic and fear the bitcoin price disappears into panic then sells everything .. but it's their right to throw it away even though it's actually a wrong move and usually it happens with new people who are not too far away to know the benefits of bitcoin or know the market situation .. if they want to ask or can find info about bitcoin movement I think they will think again to sell it .. and if the reason is sold to buy other coins to trade or just sell little by necessity or need money, it does not matter .. because having bitcoin is everyone's hope and should be put to good use to grow or become more profitable ..


Title: Re: Why people dump their Bitcoins ?
Post by: Ucupers on May 10, 2018, 04:50:43 PM
I think maybe they've been cornered by the necessities of life. And they've had no savings so that they are forced to sell the bitcoin for the necessities of life. So with the condition, the market price down again they remain determined to sell it.


Title: Re: Why people dump their Bitcoins ?
Post by: Irviyandi on May 10, 2018, 05:47:46 PM
Maybe you slaah a bit in using words, but they do not throw our bitcoin but sell at a cheap price and get a little profit if we throw away nothing, they sell bitcoin at cheap price because they are afraid of the drop of bitcoin price to the price lower


Title: Re: Why people dump their Bitcoins ?
Post by: ryzaadit on May 10, 2018, 05:54:35 PM
The reason they throw it away may be because of panic and fear the bitcoin price disappears into panic then sells everything .. but it's their right to throw it away even though it's actually a wrong move and usually it happens with new people who are not too far away to know the benefits of bitcoin or know the market situation .. if they want to ask or can find info about bitcoin movement I think they will think again to sell it .. and if the reason is sold to buy other coins to trade or just sell little by necessity or need money, it does not matter .. because having bitcoin is everyone's hope and should be put to good use to grow or become more profitable ..
Yeah we know some people its panic, but its because the market condition. if you can using some indicator for predicted the price market well i think you will try to sell and buying again at dip phase / panic phase

Your panic = my profit


Title: Re: Why people dump their Bitcoins ?
Post by: sarjilcse on May 10, 2018, 06:01:25 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The most important thing in digital currency like BTC is their marketplace.
If bitcoin accepted in global market, and specially on many online businesses. The bitcoin price can going up again.
But it is (for some people) their right to dump bitcoin. Because in fact bitcoin price is drop from $1,200 (Jan 2014) until today still at $381.


Title: Re: Why people dump their Bitcoins ?
Post by: Chacha1000 on May 10, 2018, 06:03:51 PM
Some dump when they are in need of money


Title: Re: Why people dump their Bitcoins ?
Post by: nerlial on May 10, 2018, 06:07:28 PM
People are being panic. Most people do not have full information to draw the right conclusions. And they sell bitcoin because they follow the crowd.


Title: Re: Why people dump their Bitcoins ?
Post by: jpnl0003 on May 10, 2018, 07:06:35 PM
It all balls down to the present situation of the individual, because generally everyone faces challenges and for some individuals most times the only way out is to sell out or dump like you call it. on the other hand the fear of loosing all to fraudsters.


Title: Re: Why people dump their Bitcoins ?
Post by: Lagrood on May 10, 2018, 07:46:02 PM
People, who is not an investor and who does not trade, have an imagination about bitcoin like a rocket i.e. as they think bitcoin have always to show a fast and strong growth but it is a wrong imagination because bitcoin cannot grow always it must also be downward trends, flat and weak upward trends.


Title: Re: Why people dump their Bitcoins ?
Post by: cizatext on May 10, 2018, 08:47:30 PM
Most time the choice of dumping bitcoin is personal and at that it hard to say what exactly made them to dump bitcoin, but let me point out a few out of my personal observations. People dump bitcoin and move simply because they don't believe in the future of bitcoin so at that they are always prompt to cash out in other not to lose all.


Title: Re: Why people dump their Bitcoins ?
Post by: Bagaji on May 10, 2018, 09:51:48 PM
Most time the choice of dumping bitcoin is personal and at that it hard to say what exactly made them to dump bitcoin, but let me point out a few out of my personal observations. People dump bitcoin and move simply because they don't believe in the future of bitcoin so at that they are always prompt to cash out in other not to lose all.
I believe you are saying this from your personal experience of what you do on a weekly bases after you get paid from the services you render to the current company you are advertising. But for me, i think people dump their bitcoin because of financial needs which they need to take care off as that is the main purpose of one seeking for more money.


Title: Re: Why people dump their Bitcoins ?
Post by: Dudeperfect on May 11, 2018, 04:07:03 PM
Lack of maturity is the only reason why people can't sustain themselves during the downfall of the market. As the great investor Warren Buffet says, "Be greedy when others are fearful and be fearful when others are greedy", he believes that many investors just follow the market sentiments and take decisions based on the market mood and that's the good opportunity to make money by going against the flow as there is the lowest competition. When newbies sell their investment during a crash, a wise investor is buying it slowly considering the turnaround from the future.


Title: Re: Why people dump their Bitcoins ?
Post by: Bionicgalaxy on May 11, 2018, 04:25:55 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
In my own personal opinion, people dumps and stop using bitcoin because they have troubles in earning bitcoins and they have experienced a lot of scams, that is why we should guide this people who lose hope and don't believe in bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: tinystone26 on May 11, 2018, 04:39:11 PM
As I invest my money I only dump my bitcoin because of my emergency needs in my family. But for those other people who dump their bitcoin to earn their profit is because maybe they reached the limit of their patience of waiting to much to make their investments grow much bigger or their investments gets the better amount of profit that they like to get it in their wallet to spend to their needs to themselves.


Title: Re: Why people dump their Bitcoins ?
Post by: Lang09 on May 11, 2018, 04:49:11 PM
I think some of it may be simply due to people losing interest in Bitcoin. Not everyone gets into Bitcoin equipped with enduring passion, after a while some will naturally gravitate away from it. This is a natural process, nothing wrong with it, Bitcoin is still moving forward.


Title: Re: Why people dump their Bitcoins ?
Post by: wireless1889 on May 11, 2018, 05:04:35 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Because you wanted the profit that's why you invest into bitcoin in the first place and having to lose profit along the way makes you flip out and panic sell turning your backs to bitcoin and not investing anymore. When you shouldn't have done it because it is very normal for bitcoin to have these days where there's just a massive dumping in the price and we can't control it. All we need to do is to wait and it is all gonna be worth it.


Title: Re: Why people dump their Bitcoins ?
Post by: ferrybitcoin.1996 on May 11, 2018, 05:11:22 PM
I think some of it may be simply due to people losing interest in Bitcoin. Not everyone gets into Bitcoin equipped with enduring passion, after a while some will naturally gravitate away from it. This is a natural process, nothing wrong with it, Bitcoin is still moving forward.
People believe FUD with big names like Waffen or Bill Gates.
Also, investors want to dump their money. Scare price will drop again, also what happen with Mt.Gox?


Title: Re: Why people dump their Bitcoins ?
Post by: Sir Legend on May 11, 2018, 05:38:27 PM
After they dumps their bitcoin then they hope to buy again with a cheaper price, and this is what makes bitcoin prices are difficult to rise so we must be extra patient to be able to see prices skyrocket like last year.


Title: Re: Why people dump their Bitcoins ?
Post by: BigBos on May 11, 2018, 05:45:20 PM
After they dumps their bitcoin then they hope to buy again with a cheaper price, and this is what makes bitcoin prices are difficult to rise so we must be extra patient to be able to see prices skyrocket like last year.
actually the bitcoin price drop was due to some issues that made bitcoin itself a negative target. yes, because of some of these issues, people are panicking, and selling the assets they own, thus making bitcoin prices into dumps.


Title: Re: Why people dump their Bitcoins ?
Post by: Anjing Lu on May 11, 2018, 06:06:56 PM
The main reason for desperately needing a fiat and can not wait, I'm sure they do not like dumps or sell bitcoins because they are convinced that bitcoin has the potential to skyrocket and can sell at an expensive price.


Title: Re: Why people dump their Bitcoins ?
Post by: bib24 on May 11, 2018, 10:16:41 PM
Because they can't handle the risk well, and eded panic selling.


Title: Re: Why people dump their Bitcoins ?
Post by: Lomberjack on May 11, 2018, 10:23:38 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
As I can observe and based on what I can see, the reason why most people who have Bitcoin tend to dump their holdings at the time when Bitcoin is also experiencing on its dump which maybe practically means that they do it to gain instant money to somehow cut their loss since many people are up into buying Bitcoin at the very affordable price or it is just that they do need to do such thing as selling it for emergency purposes or they do not just see what will be the essence of holding it anymore for good. Which is sad but true that because of the countless and continuous dumps that Bitcoin has experienced for too many times, it is maybe making their hope to fade away to come up into a decision of dropping their Bitcoin by selling it at low price.


Title: Re: Why people dump their Bitcoins ?
Post by: randyboy on May 11, 2018, 10:31:25 PM
its just because their are not satisfied to what they have they want a high profit immediately by investing lest money so that's why they dump it and walk away and think its not happening but it is they dump and the price will fallow too so many will grab the chance to invest.


Title: Re: Why people dump their Bitcoins ?
Post by: pantheraio on May 11, 2018, 11:25:25 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?  
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Because they still don't believe in bitcoin or they prefer to work like in a company whose salary is promising. They get rid of bitcoin when bitcoin prices still fall and they think bitcoin is worth nothing. But at this time bitcoin the price is very high in the appeal of the previous year. Hopefully bitcoin will increase from year to year!

Maybe those who throw away the bitcoin at this point have regrets :)


Title: Re: Why people dump their Bitcoins ?
Post by: 1C6fV5DtakfKANLJ8GUV7hCaA on May 12, 2018, 05:49:23 AM
It's because they are afraid of losing more money or simply taking all the profits. There are chances that they can buy in again though. I do that most of the time.


Title: Re: Why people dump their Bitcoins ?
Post by: cheeseandcrackers on May 12, 2018, 06:50:39 AM
Panic mostly.  Like the exchange in south korea got raided, it put a ton of people into a panic like they wont be able to sell their bitcoins if all the exchanges get raided.  It's just not the case.  It just means don't keep your money on the exchange when you aren't trading.  You really can't stop people from trading bitcoins, though.  Panic selling will just give their money to people with better discipline and the market will increase.


Title: Re: Why people dump their Bitcoins ?
Post by: rmel0924 on May 12, 2018, 07:15:49 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Maybe they are panic that they might lose their money so they sell all their holds and you know investors at this time will be happy because this the best time for them to buy for more bitcoins and hold it for a long time in their wallets. Bitcoin as we all know is a good investment ever so maybe there is nothing to be afraid of if the price strike down.


Title: Re: Why people dump their Bitcoins ?
Post by: Mr.ZODIAC on May 12, 2018, 07:20:41 AM
It's because they are afraid of losing more money or simply taking all the profits. There are chances that they can buy in again though. I do that most of the time.
The fact is that many people are trying to earn good money using Bitcoin, especially if you take into account those forecasts that have so far sounded about the great prospects for Bitcoin in the future. But for today we see only another drop in the price of Bitcoin and this worries users, raising the panic mood .


Title: Re: Why people dump their Bitcoins ?
Post by: cryptoalfs76 on May 12, 2018, 07:36:20 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Mostly people dump there bitcoin because they are in panic decision making,because of  three consecutive drops happen in crypto market now, that mostly price blow off thats why some investor drops there bitcoin in order to gain a little something back into there investment,this is the reason why people change there bitcoin into fiat money and return later if the market will back to its normal procedure.


Title: Re: Why people dump their Bitcoins ?
Post by: neliawesome on May 12, 2018, 07:46:07 AM
Those group of people who dump bitcoin had readons for sure.First they panic because they are too afraid that the value of bitcoin will drop more.Second is theres an emergency and they might need money immediately.Third they found more greater opportunity that is better than bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: setialovers on May 12, 2018, 07:58:06 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe they just panic reading negative news about bitcoin. They can be patience with their investment and bitcoin is should be a long term investment. If we keep bitcoin for long term, I am believe bitcoin will give us big profits


Title: Re: Why people dump their Bitcoins ?
Post by: hacking13 on May 12, 2018, 08:07:39 AM
who will abandon their bitcoin though? I fail to see why that will happen. No matter how bad the price fall. The only reasonable excuse for dumping one's bitcoins is Death. A dead person cant access his/her bitcoin so its understandable if that is abandoned


Title: Re: Why people dump their Bitcoins ?
Post by: wewe123 on May 12, 2018, 08:10:10 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe they just panic reading negative news about bitcoin. They can be patience with their investment and bitcoin is should be a long term investment. If we keep bitcoin for long term, I am believe bitcoin will give us big profits
I think that people are dumping their bitcoin because they are experiencing bad business trading with bitcoin, and maybe they are waiting for a long period of time thinking they will earn good profits , but the market is always in reddish form, and their bitcoin did bot move , so tired of being wait for good time , they decided to dump their bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: BaraxLo on May 12, 2018, 09:14:00 AM
:-X
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

I think they do that because they fear that they would lose their investment. Most people sell off their Bitcoin because of panic, especially when the market is not doing good. And usually, they regret that because only after a couple of months, Bitcoin tends to get back up and regain its lost value that those people who were not patient enough surely would regret their move. However, I can't judge them because it's just so hard to see your investment go down 50% than what you bought it for. Not very many can stay patient in the face of that.
People do not dump their Bitcoin but can because there are two types of people in the crypto market one is the millionaires and billionaires and the other one is the new comers.

The millionaires means rich people do not want to earn more because they are well rich and further earning is a  boring thing near them while the new comers when enter with less knowledge face failure and that is why they dump Bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: bitcoinFPT on May 12, 2018, 09:56:41 AM
I think people have a panic of loss of losing their capital. Another option is not a large group of people who want to reduce the cost of bitcoin, to buy bitcoin at a lower cost.

people dump their Bitcoin for the following reasons:
- The newcomers joint to bitcoin mảket,  they are unstable thinking, they dumped bitcoin easily when the price down, they are afraid that more losses  so they think that should sell
- they are in need of money for their urgent need
- some speculators dumped to make small investors are frighten
And I know that some people are crazy because after they sell their bitcoin the price goes up in 1-2 hours.


Title: Re: Why people dump their Bitcoins ?
Post by: Athenakim.22 on May 12, 2018, 10:02:59 AM
Usually cryptos holder dump thier coin if the value is very low they tend to panic thinking thier investment will not be a profit.


Title: Re: Why people dump their Bitcoins ?
Post by: Shinvenice on May 14, 2018, 04:41:33 PM
The only reason i know is being panic. Scared of losing big money when the value of bitcoin will drop. They cannot think wise before doing something that can cause losing bigger opportunities in the future.


Title: Re: Why people dump their Bitcoins ?
Post by: rainezerr on May 14, 2018, 04:48:06 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Those people who will just dump their coins are traders who are not well knowledgeable about cryptocurrency and how the market works that's why they are losing a huge amount of capital and most of them are newly traders in the market.


Title: Re: Why people dump their Bitcoins ?
Post by: King money on May 14, 2018, 05:26:25 PM
Some people sell their bitcoin to make some short term profits. There is nothing wrong with that. Bitcoin has risen in very 3 year period.



I think they make lower order purchases than usual so they want to achieve that, have you seen that after the dump there is always a pump to make a little profit for these kind of people.
Basically the first price starts to be pumped so that this group of people gets a profit.
Then they want to panic to sell lower, they do not make a profit at this stage.


Title: Re: Why people dump their Bitcoins ?
Post by: yoseph on May 14, 2018, 06:21:54 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Those people who will just dump their coins are traders who are not well knowledgeable about cryptocurrency and how the market works that's why they are losing a huge amount of capital and most of them are newly traders in the market.
Some of them are simply just disillusioned with the way things have been since they started investing into crypto currencies because they have only endured disappointments and losses ever since they invested into bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: Ryker1 on May 14, 2018, 06:22:54 PM
who will abandon their bitcoin though? I fail to see why that will happen. No matter how bad the price fall. The only reasonable excuse for dumping one's bitcoins is Death. A dead person cant access his/her bitcoin so its understandable if that is abandoned
In my opinion, some people will abandon their bitcoin, because they're afraid of losing money. Some people already abandoned their bitcoin, because they were scammed or they lose a big amount of money in their first try. Well, for me, there are people who don't risk it all, losing at their first time is enough for them. We can say that losing a lot of money is reasonable for them to abandon their bitcoin right?


Title: Re: Why people dump their Bitcoins ?
Post by: rimueng agam on May 14, 2018, 06:29:51 PM
People basically do not waste bitcoin but they only sell it when the price is cheap so it makes them get a little profit even there is no benefit at all, they sell at a cheap price because they fear the price drops to the lower again so they become panicked.


Title: Re: Why people dump their Bitcoins ?
Post by: Cling18 on May 14, 2018, 07:00:29 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .


Simply because they just want to get a good profit. We all know that we all have our own needs and it is for us on how we wisely manage the growth ofbour earnings. As for me, people dump it because all have their own needs and plans for it and it is just for them to decide about it.


Title: Re: Why people dump their Bitcoins ?
Post by: Yunbalo on May 15, 2018, 07:37:00 AM
Because BTC prices have rebounded, in the past few weeks the price was just under $ 7000 and now the price has risen back to $ 9,000. This is a great profit for some investors who bought at low price and sold at this high price to make profit.


Title: Re: Why people dump their Bitcoins ?
Post by: btcrut2017 on May 15, 2018, 09:11:33 AM
It's because they are afraid of losing more money or simply taking all the profits. There are chances that they can buy in again though. I do that most of the time.

I think most people are afraid to lose more. The prices is beyond there expectation and the easiest way is to dump it while they can still manage the returns. Human as we are we panic everytime there is a cheaper price. That is why dumping is normal.


Title: Re: Why people dump their Bitcoins ?
Post by: Stephen1989 on May 15, 2018, 09:24:16 AM
the price first start to be pumped so this group of people have made profit.
Then they want to make panic to other to sell lower, they don't make profit at this stage.
Before that they made buy orders lower than normal so they want to reach that, have you seen that after a dump there is always a pump to make a little profit for this kind of people.


Title: Re: Why people dump their Bitcoins ?
Post by: Chrisjay29 on May 15, 2018, 10:11:12 AM
There are no other reason Panic. They are pabic that there money will loss. They panic that bitcoin will gone just like what they say. And last scared to be scam


Title: Re: Why people dump their Bitcoins ?
Post by: Pelevelyl on May 15, 2018, 10:16:00 AM
The reason for selling bitcoins can be one, it means that a person needs cash to buy something necessary.


Title: Re: Why people dump their Bitcoins ?
Post by: Sled on May 15, 2018, 11:54:44 AM
Because they want to dump it because they think that it is not a good thing to continue holding bitcoin so they are just dumping or selling it in the market and trying to get back to bitcoin for a lower price in the market and we can see the effect of it because it is creating panic selling in the market that make things worse.


Title: Re: Why people dump their Bitcoins ?
Post by: stely41 on May 15, 2018, 12:59:29 PM
Because BTC prices have rebounded, in the past few weeks the price was just under $ 7000 and now the price has risen back to $ 9,000. This is a great profit for some investors who bought at low price and sold at this high price to make profit.
No Valuation Guarantee: since there is no central authority governing bitcoins, no one can guarantee its minimum valuation. If a large group of merchants decide to “dump” Bitcoins and leave the system, its valuation will decrease greatly which will immensely hurt users.


Title: Re: Why people dump their Bitcoins ?
Post by: wozzek23 on May 17, 2018, 08:15:37 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Those people who will just dump their coins are traders who are not well knowledgeable about cryptocurrency and how the market works that's why they are losing a huge amount of capital and most of them are newly traders in the market.
I call them stupid. They are stupid because they just had entered in the market without learning. The basic knowledge is so important and it must be compulsory for every newbie who is interested in trading. Things are not that much easy and definitely accompanied with different technical aspects. So lay man can never adopt and absorb this system so easily. Learning is essential.


Title: Re: Why people dump their Bitcoins ?
Post by: Lecam on May 17, 2018, 08:29:39 AM
For me I think we have different reason’s why we sell our Bitcoin,
Some needs monwy for expenses while others are just taking profit and there are some people who fear that the price would continue to fall .


Title: Re: Why people dump their Bitcoins ?
Post by: apilpirman.bisnis on May 17, 2018, 08:32:47 AM
People want to dump bitcoin because want to buy and take much profit with bitcoin price is dump. They always make negatives news and information about bitcoin to make people panic to sell their bitcoin at low price, some people take this great moment to buy bitcoin at low price and think is true bitcoin will be back at high usually price next day. they are smart to make bitcoin is dump and low price but we are faced panic to sell our bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: squog on May 17, 2018, 08:54:49 AM
It seems that panic dumping is already a problem 3 years ago, and it is still true today. Mostly, panic dumping happens when there is a huge dip in the price of coins because they're afraid to lose their investments. Or if there is already a peak in the price of coins where they pull out their money and wait for the market to dip or crash then buy again.


Title: Re: Why people dump their Bitcoins ?
Post by: Mr_Devin on May 17, 2018, 03:50:41 PM
I think to get rid of bitcoin is a wasted job. People who ditch bitcoin because they are less patient and less believe that bitcoin prices will soar.


Title: Re: Why people dump their Bitcoins ?
Post by: Senkuli on May 17, 2018, 04:59:52 PM
Perhaps, for the time being, one of the reasons why people dump away their Bitcoin is because they feel panicked about the declining in crypto market conditions, where almost all cryptocurrencies including Bitcoin are experiencing drastically price decline.
Today, bitcoin and other cryptocurrencies are so well known that so many people are investing their money or some of their savings into it, so that when the crypto market conditions decrease they are very panicked and do not want to incur losses, then they dump away the Bitcoin they have in order not much loss


Title: Re: Why people dump their Bitcoins ?
Post by: BitcoinPaw on May 17, 2018, 05:05:42 PM
Sometimes people have no time for bitcoin or they need money back right now but people not buying because of high price, in this situation people just dumping bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: cloudproject on May 17, 2018, 05:09:50 PM
yeah sometimes people are need the money right away, so they just doing an instant sell by droping the price and thats very worse of people after all


Title: Re: Why people dump their Bitcoins ?
Post by: EnricoGomez on May 18, 2018, 01:09:42 AM
People that have no to little knowledge about cryptocurrencies often follow false speculations about the price drop of the value to which they often describe it as its failure and not looking that it is just in its nature.
Or they just need money fast in real life so they cash their coins no matter the value of it is, whether it is for basic needs or emergency - it depends on the decision of the user and its their loss.


Title: Re: Why people dump their Bitcoins ?
Post by: joshy23 on May 18, 2018, 01:18:34 AM
yeah sometimes people are need the money right away, so they just doing an instant sell by droping the price and thats very worse of people after all
They are just taking the advantage, buy low sell high is part of any investment, so instead of dealing with long term holds thy prefer to simply get their earnings right away when they feel that they already gain some decent profits, people who's aiming for money and didn't bother to conceptualized the bright future ahead mostly enjoy this type of trading and its really affect the flow of movements inside the chain and domino effects will happen.


Title: Re: Why people dump their Bitcoins ?
Post by: Harley29 on May 18, 2018, 05:36:17 PM
I think to get rid of bitcoin is a wasted job. People who ditch bitcoin because they are less patient and less believe that bitcoin prices will soar.
Well it can be the reason but I think they should not sell their bitcoin at very low price as before going to invest in bitcoin it is good to learn about it as when will be the best time for selling, now bitcoin is increasing in price but it will increase more and more while panic selling will not let it be high too much as it effects the market so instead of selling bitcoin even for an emergency it is good to keep some money to use than selling high price bitcoin at panic.


Title: Re: Why people dump their Bitcoins ?
Post by: Redhead5 on May 18, 2018, 06:00:55 PM
People that have no to little knowledge about cryptocurrencies often follow false speculations about the price drop of the value to which they often describe it as its failure and not looking that it is just in its nature.
Or they just need money fast in real life so they cash their coins no matter the value of it is, whether it is for basic needs or emergency - it depends on the decision of the user and its their loss.

Yes it is really depends upon the situation of the investors why they are going to dump their bitcoin. I think it is wisely enough if we make a decisions that makes us gain profits even not really big but atleast we gained. Avoid dumping for just your emotion uncontrolled.


Title: Re: Why people dump their Bitcoins ?
Post by: Kylapoiss on May 18, 2018, 06:06:04 PM
People that have no to little knowledge about cryptocurrencies often follow false speculations about the price drop of the value to which they often describe it as its failure and not looking that it is just in its nature.
Or they just need money fast in real life so they cash their coins no matter the value of it is, whether it is for basic needs or emergency - it depends on the decision of the user and its their loss.

Yes it is really depends upon the situation of the investors why they are going to dump their bitcoin. I think it is wisely enough if we make a decisions that makes us gain profits even not really big but atleast we gained. Avoid dumping for just your emotion uncontrolled.

I dumped, or I'd prefer the word "sold", all my BTC in 2015 because of personal reasons, needed cash fast and had no other options. Left a really small stash which I had to liquidate also couple of months later. But I still read the forums, news and did background research on the matter. Rebought in Nov last year (got in just before the big hype, lucky me) and now I won't be going anywhere, I'll hodl my coins even if I have to eat grass! :)

So don't think of it as dumping, more like selling :) For many it takes years to wrap the whole crypto idea into their brains, but once they realise the true nature of cryptos, they'll be back and for good.


Title: Re: Why people dump their Bitcoins ?
Post by: khimer_rangers on May 18, 2018, 06:06:10 PM
It all happens because people are panicked and do not believe in bitcoin.If they believe it will hold their bitcoin until the end of the year.


Title: Re: Why people dump their Bitcoins ?
Post by: DMCR lah on May 18, 2018, 06:08:18 PM
Because After stopping to mine, the laptop I used was broken and I sold. But the hard drive remains because there is bitcoinnya so later if bitcoin is great value, I can sell it,
"In mid-2013 when cleaning, the hard drive was accidentally wasted and ended up in a garbage mound in my area and buried there,"


Title: Re: Why people dump their Bitcoins ?
Post by: Kylapoiss on May 18, 2018, 06:24:39 PM
It all happens because people are panicked and do not believe in bitcoin.If they believe it will hold their bitcoin until the end of the year.

End of the year? That seems to be quite short-term. Why not until end of the fiat era? Which will be reality inside 5-10 years I reckon.


Title: Re: Why people dump their Bitcoins ?
Post by: Situk brok on May 18, 2018, 06:27:20 PM
Many of them do this because they are afraid of dropping the bitcoin price to a very low price that makes them bear a lot of losses so they sell now even though the loss is not much, but if they resist to sell it they will get a profit back because if the price goes down it will go back up.


Title: Re: Why people dump their Bitcoins ?
Post by: Mary Ofosuhene on May 18, 2018, 08:48:36 PM
Per my opinion, there are quite a number of reasons why, people will dump their bitcoin. Some people decide to dump bitcoin because, selling bitcoin or exchanging bitcoin into their currency in their country will be fetching them so much money that, they have no option than to sell. Some people might also decide to dump because, they think that some billionaires speaking against bitcoin might lead to bitcoin loosing its valus drastically. Some people will also dump bitcoin because, the government of their has issued warning as to banning the usage of bitcoin in their country. All these factors will make people dump bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: Panpan66L on May 18, 2018, 09:19:11 PM
I would remember that Bitcoin cos tis high, so many of the bitcoin owners are not wealthy in real llife, so when the price goes down, logicaly they sell.


Title: Re: Why people dump their Bitcoins ?
Post by: 300pips on May 18, 2018, 09:35:59 PM
Actually not all people who sold out their bitcoins are panic selling. They just want to gain some profits by playing swingtrade in Bitcoin or alts. They sold Bitcoin at a higher price, then rebought it once it lands in a much lower price. As the result they will have more Bitcoins to cherish.

In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .


Title: Re: Why people dump their Bitcoins ?
Post by: zain_h332 on May 18, 2018, 10:19:17 PM
for smart people it's all about taking profits and trying to create panic sellers to sell their coins. others are just scared or simply don't know at what price to sell, so they sell anyway to reduce their loss.


Title: Re: Why people dump their Bitcoins ?
Post by: Escan0r on May 18, 2018, 10:26:55 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe people who waste their bitcoin regret in the end. Because they see bitcoin prices go down and sell them in panic. Better people like them do not use bitcoin, because in the end just make the price of bitcoin fall.


Title: Re: Why people dump their Bitcoins ?
Post by: bizarro on May 18, 2018, 10:33:10 PM
Weak hands, panic selling, believing fake and manipulative news, reasons are many, but the truth remains. Bitcoin is highly depending on those stuff.


Title: Re: Why people dump their Bitcoins ?
Post by: Mr.ZODIAC on May 18, 2018, 10:34:32 PM
Weak hands, panic selling, believing fake and manipulative news, reasons are many, but the truth remains. Bitcoin is highly depending on those stuff.
The fact is that for this and spread such bad news about Bitcoin that the price fell and be able to buy Bitcoin at low prices. Judging by some forecasts, Bitcoin has not yet reached its maximum price.


Title: Re: Why people dump their Bitcoins ?
Post by: ningrum on May 18, 2018, 11:15:39 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

as far as I know, the man left because the price of bitcoin was high enough and now the price of bitcoin is declining and they do not want to continue it, or they just follow the high bitcoin price and do not want to take risks.


Title: Re: Why people dump their Bitcoins ?
Post by: Ryanpogi on May 19, 2018, 03:04:09 AM
If I was not mistaken for the whales, then it did. That's what I read  last week. Correct me if i wrong.! thank you ..


Title: Re: Why people dump their Bitcoins ?
Post by: naigelbit on May 19, 2018, 03:11:21 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I think they need it badly or they need money for a reason. But some people are on panic selling they think Bitcoin will be punish by government on taking bitcoin ban on other country. And i think one of the most reason is they thinking bitcoin will gonna loss value so they take the risk to sell there bitcoin in cheap price. That my opinion.


Title: Re: Why people dump their Bitcoins ?
Post by: ReindeerOnMe on May 19, 2018, 03:14:59 AM
That is simple, because they want the money or either they are panicking. A lot of people sell Bitcoin because they need the money. A lot of people sold a lot of Bitcoin in order to gain profit but most of them sold because the are panicking.


Title: Re: Why people dump their Bitcoins ?
Post by: Denifriska on May 19, 2018, 03:20:10 AM
I think most people throw away its bitcoin due to panic. They are too frightened to see bitcoin prices in the red zone and can not increase again, they then sell it with low price competition to cause a domino effect so bitcoin decreases in price.
Yet if they are patient and not panic bitcoin will definitely increase the price again or back in the green zone.


Title: Re: Why people dump their Bitcoins ?
Post by: paparexon0414 on May 19, 2018, 03:22:45 AM
I have this feeling that those people who dumped their bitcoins have no choice but to do it. They are having this doubt that bitcoin will continue to fall and the only way to have their investments again without much losses is to sell it. I also have this idea but as long as i can hold it for another days, then i will. Some maybe really needed some money and their only option is to sell their bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: btc_angela on May 19, 2018, 03:27:17 AM
I have this feeling that those people who dumped their bitcoins have no choice but to do it. They are having this doubt that bitcoin will continue to fall and the only way to have their investments again without much losses is to sell it. I also have this idea but as long as i can hold it for another days, then i will. Some maybe really needed some money and their only option is to sell their bitcoins.

We all have a choice and I don't think that dumping bitcoins is the most logical one. If you are really having a lot of doubts then you can ask around or look for reasons why the price is going down. You don't need to be swayed by others. You can make your own decision and don't listen to others. I guess, its going to be a expensive lessons to learn how the market works. If you sold early and then the market recovers in less than 1 week and you see that you should have made a lot of profits by just Hodling. Suck it and then start all over but don't make the same mistakes again.


Title: Re: Why people dump their Bitcoins ?
Post by: mobiljonson on May 19, 2018, 04:02:06 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
there are several factors that make investors withdraw their funds in bitcoin because they have already achieved their profit targets and / or they are in need of funds for real-world needs. Price reductions often coincide with big days or holidays


Title: Re: Why people dump their Bitcoins ?
Post by: sharm2121 on May 19, 2018, 04:12:39 AM
i think that panic and his need of money are the main reasons about why someone will dump his bitcoins.

i understand the needed of money will force you to sell your bitcoins, but panic?, whatever who sell his bitcoins because he have panic didn't understand well what bitcoins is, they will repent later.

We have the same opinion, maybe they have emergency and they need money thats why they sell their bitcoin even in a low price.

But panic selling because of the price dropped will not help you to earn money, instead you will just lose your money. If you have a kind of mind like this better not to invest in bitcoin because it will not help you.


Title: Re: Why people dump their Bitcoins ?
Post by: amelitojr47 on May 19, 2018, 04:34:30 AM
some people will dump there bitcoin if there a big reason espcially if the have problem of there finances, for now no one will dump there bitcoin because of the value and the price of bitcoin will going up.


Title: Re: Why people dump their Bitcoins ?
Post by: NewRanger on May 19, 2018, 04:52:00 AM
some people will dump there bitcoin if there a big reason espcially if the have problem of there finances, for now no one will dump there bitcoin because of the value and the price of bitcoin will going up.
people selling their bitcoin asset caused by fud that make much peoples fear.and they have not good mentality to hold their asset until its price going high.


Title: Re: Why people dump their Bitcoins ?
Post by: Twentyonepaylots on May 19, 2018, 04:59:28 AM
People dump or sell thier bitcoins due to many reasons..some of these reasons are panic--Some people lose patience watching the price of bitcoin drop and they just got panic enough to sell thier coins and walk away and thus just dropping the price of bitcoins little more...Another reason is loss of trust in bitcoins..People also dump bitcoins when they hear a lot of scam going around by people related to bitcoins stealing etc and people think that bitcoin network isnt secure so they sell and walk away :P

People dump there Bitcoin for so many reason, yes, it maybe because of panic dumping, or maybe one decided to go out of Bitcoin project investment, tired on Bitcoin project. That's the reality of investors, they can exit anytime when they desire to take their gain after market trading. It may also consider the confidence trust of every investor on the said coin project, if they do some market research and the treed is not favorable to the investor, some investor are just do the trading not a long term investment.


Title: Re: Why people dump their Bitcoins ?
Post by: AniviaBtc on May 19, 2018, 10:21:51 PM
i think that panic and his need of money are the main reasons about why someone will dump his bitcoins.

i understand the needed of money will force you to sell your bitcoins, but panic?, whatever who sell his bitcoins because he have panic didn't understand well what bitcoins is, they will repent later.

We have the same opinion, maybe they have emergency and they need money thats why they sell their bitcoin even in a low price.

But panic selling because of the price dropped will not help you to earn money, instead you will just lose your money. If you have a kind of mind like this better not to invest in bitcoin because it will not help you.
I agree, this is because they dump their bitcoins because they need money or they have family emergencies. This is a primary reason why they dump. Even me, I will do it too if we have emergency. But thank God, we are safe. So my Bitcoin is safe to.  ;)


Title: Re: Why people dump their Bitcoins ?
Post by: basty03 on May 19, 2018, 10:30:03 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
There's many reason why they dump their bitcoin either they need money immediately, they not know how to hold so they sell it and panicking because when they see the market down they panic immediately and sell it all. If you are really know about cryptocurrencies and know how hold it I think you will not sump you bitcoin. Some of us is tired to read and learn more about cryptocurrencies that's why they end to always dumping if their bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: safari88 on May 19, 2018, 10:42:16 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
There's many reason why they dump their bitcoin either they need money immediately, they not know how to hold so they sell it and panicking because when they see the market down they panic immediately and sell it all. If you are really know about cryptocurrencies and know how hold it I think you will not sump you bitcoin. Some of us is tired to read and learn more about cryptocurrencies that's why they end to always dumping if their bitcoins.
I think one of the biggest factor is panic because bitcoin is easy to move because of rumors, so many people easily panic. yeah we can see some examples, when many negative rumors about bitcoin, prices will go down and vice versa when a lot of positive news, bitcoin prices will rise.


Title: Re: Why people dump their Bitcoins ?
Post by: torch2121 on May 20, 2018, 12:24:37 AM
I think everyone has their own mind set when to exchange and how to profit on their investment. That's why it is been contributed to dump. Most of the time people's strategy is buy and sell, most specially our cryptocurrency is very volatile. It is a win win situation for us users.


Title: Re: Why people dump their Bitcoins ?
Post by: xandra on May 20, 2018, 12:43:23 AM
I think the reason why they dump or sell their bitcoin it is because they are getting panic that it will never pump again or maybe they just really in need that is why they convert their bitcoin into fiat.


Title: Re: Why people dump their Bitcoins ?
Post by: cotton ball on May 20, 2018, 01:05:55 AM
only two main factors are because they want to sell according to plan, or indeed their minds have been contaminated by the level of patience that is thinning with various negative rumors that occur. Unclear regulation is also an important factor and many people still do not believe in 100% bitcoin assets due to excessive fear with potential bans.


Title: Re: Why people dump their Bitcoins ?
Post by: Grayy on May 20, 2018, 01:11:32 AM
People who dump their bitcoin usually do so because they do not understand the actual use of bitcoin or they may not be abreast of how to use bitcoin apart from investing it. Some also join the terrain through FOMO and begin to sell their coin when there is just a little shake in the crypto markets.


Title: Re: Why people dump their Bitcoins ?
Post by: andika2018 on May 20, 2018, 05:48:10 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Maybe they just get panic with many negative news about bitcoin or other cryptocurrency. We should be affected with negative news if we already trust with bitcoin technology.
But many factors why people selling their bitcoin and they must be have their own reason


Title: Re: Why people dump their Bitcoins ?
Post by: Lesterus on May 20, 2018, 07:24:12 AM
Maybe people have negative feelings that bitcoin will continuously decreased its price and the best way to dont have a huge lost is to sell their assets in other words they are panic selling sometimes people need the money and they are have no choice to sell their btc to support their financial needs.


Title: Re: Why people dump their Bitcoins ?
Post by: Rajamuda on May 20, 2018, 07:36:31 AM
The various reasons of the many people who are influenced by certain things, basically.. it will not be same about all of it and have the certain reasons related to the condition of their life. We can't emphasize that people are just panicked or afraid, well apart from that.. there are many other reasons that are also related to their respective governments that could have been really opposite with it.
There are times when it causes a decrease in price.. and there are times ahead there will be certain causes that can make people believe more, that prioritizes bitcoin, who knows it will happen.


Title: Re: Why people dump their Bitcoins ?
Post by: mel1978 on May 20, 2018, 08:27:56 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?  
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Some people dump their bitcoins because they were afraid of the price that were dumping they afraid there money might lose. But that is not good idea of course bitcoin for me is very amazing and cannot be worried if the price dump. Hopefully to those who dump their bitcoins will now realize the bad effect if sold at very low price.


Title: Re: Why people dump their Bitcoins ?
Post by: nur rochid on May 20, 2018, 08:48:54 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?  
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Some people dump their bitcoins because they were afraid of the price that were dumping they afraid there money might lose. But that is not good idea of course bitcoin for me is very amazing and cannot be worried if the price dump. Hopefully to those who dump their bitcoins will now realize the bad effect if sold at very low price.
besides that there is also a goal to buy back the lowest price, they do consciously because they are senior traders who dare to take risks to meet their analysis


Title: Re: Why people dump their Bitcoins ?
Post by: biletskiy on May 20, 2018, 07:17:11 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Simply because they just want to get a good profit. We all know that we all have our own needs and it is for us on how we wisely manage the growth ofbour earnings. As for me, people dump it because all have their own needs and plans for it and it is just for them to decide about it.

Most of them just want to get the cash and make the profit, while the other ones are worrying about the possible losses. They think that Bitcoin can fall greatly.


Title: Re: Why people dump their Bitcoins ?
Post by: reidel21 on May 20, 2018, 07:32:52 PM
I do not think it's panic because when the bitcoin price is nearly $ 20000, there are not many sellers and they are buying. The downside may be due to some investors snapping profits to other assets such as gold and dollars. And maybe the sharks are deliberately trying to buy back


Title: Re: Why people dump their Bitcoins ?
Post by: bib24 on May 20, 2018, 08:47:28 PM
Its either they need an urgent fund or they cannot handle the risk of this investments, specially when the market price drastically went down.


Title: Re: Why people dump their Bitcoins ?
Post by: mel1978 on May 20, 2018, 10:08:19 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I guess people are dumping their bitcoins because they are in need of money, and maybe some people are thinking they might lose their money for the price of bitcoin that ate dumping. Like me although I am planning to save and hold bitcoins there are instances that I will sell some for I am in need to.


Title: Re: Why people dump their Bitcoins ?
Post by: loreykyutt05 on May 20, 2018, 10:19:22 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
I guess people are dumping their bitcoins because they are in need of money, and maybe some people are thinking they might lose their money for the price of bitcoin that ate dumping. Like me although I am planning to save and hold bitcoins there are instances that I will sell some for I am in need to.
Sad to say but this is true , For me bitcoin is an investment however due to unforeseen circumstances I am forced to sell some of my bitcoins due to personal needs , most of my extra money was on bitcoin so I dont have any choice but to sell some of it even thou sometimes  I'm still at lost.


Title: Re: Why people dump their Bitcoins ?
Post by: bakekang008 on May 21, 2018, 05:15:03 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The person who needed money to pay bills, medical emergencies, or just quick money, is probably the one who will dump his bitcoin.  I think the need to understand very well what bitcoin is will help not to act hastily.
Their are many people dump their bitcoins because the price is so very low. And they wonder why bitcoin is gone in seconds why the price is not stable. So they think they dump their bitcoins. They lose their hope.


Title: Re: Why people dump their Bitcoins ?
Post by: devinks on May 21, 2018, 05:22:12 AM
many reasons why people do dump in bitcoin. they all want to find safe and also take the capital they have planted in bitcoin. is not a bad thing with the dumpp because we can make a purchase at a cheap price


Title: Re: Why people dump their Bitcoins ?
Post by: peninglalat on May 21, 2018, 05:33:14 AM
im simply sell my bitcoin cause I need the money for paying my bill. most of my investment are at altcoins as im not a bitcoin fanatic. but I use bitcoin for transferring my money. yeah. only bitcoin is my choose to change it for fiat currency. so I dont care so much for bitcoin price. but I will be pain in the ass if bitcoin price are drop to low.


Title: Re: Why people dump their Bitcoins ?
Post by: seinzein on May 21, 2018, 05:36:10 AM
in my opinion, as i aver felt before that getting panic was the first reason to sell my bitcoin.
i don't know why when the price is getting lower, i feel just like c'mon man  it's scary to see bad future of the price.
then just take decision to sell it.
i was in doubt of the future of it.
another reason is i need money at the time.
 so no choice than selling.


Title: Re: Why people dump their Bitcoins ?
Post by: ynclksnr321 on May 21, 2018, 05:52:17 AM
People, unfortunately, cannot understand without coming to their heads. If I had not been exposed to panic sales and purchases at first, it would be the bitcoin that would manage me for the rest of my life right now. But when it comes to work, both panic sales and ambition cause people to move in the wrong direction. This, unfortunately, has a negative effect on both sides.


Title: Re: Why people dump their Bitcoins ?
Post by: kisscoin on May 21, 2018, 06:36:30 AM
People are driven by the fear of losing their investment. Not afraid of someone who invests free money, but those who sell apartments to invest them in bitcoin - shake off any jump in the course and will panic to throw off and sell to stay on the street!  ::)


Title: Re: Why people dump their Bitcoins ?
Post by: maslovp on May 21, 2018, 06:45:45 AM
This can be because of many reasons. Most common reason is panic sell where investors start selling when they see prices dropping due to fear.


Title: Re: Why people dump their Bitcoins ?
Post by: Blondy12 on May 21, 2018, 07:11:27 AM
The exact term i guess is sold and not dump. People sold their bitcoin usually in time of maturity just incase they are into long term investment and reached the target price that they needed to let go of their holdings. And in some cases, maybe they need a cash that much that they have to sell their bitcoin even if the price is not right for emergency purposes or maybe some bitcoiners got weak hands and so easy to get panic everytime the bitcoin price just keep on dropping.


Title: Re: Why people dump their Bitcoins ?
Post by: jeluhtajem on May 21, 2018, 07:23:49 AM
most users dump their coins when they need cash, so rather then taking a loan they prefer to sell their coins for cash but in some cases people dumps them because they want to leave the crypto stuff and sell all their digital stuff for hard cash


Title: Re: Why people dump their Bitcoins ?
Post by: Nylelyn on May 21, 2018, 09:15:30 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
It could also be a manipulation strategy also. Some groups of people initiate dump to create panic and when the price dumps big investors take it to their advantage to buy in huge amount to earn huge profit. However, it is reality also that people dump coins due to immediate need of money or some just lose interest and would wanna invest in something else.


Title: Re: Why people dump their Bitcoins ?
Post by: Leo_Wolf on May 21, 2018, 10:03:00 AM
I personally do not keep bitcoins for possible their growth in value, but I use them to purchase digital goods and services online. I think that all investing in the hope of rapid growth is not the best strategy.


Title: Re: Why people dump their Bitcoins ?
Post by: 19spawnfeed on May 21, 2018, 08:43:44 PM
I personally do not keep bitcoins for possible their growth in value, but I use them to purchase digital goods and services online. I think that all investing in the hope of rapid growth is not the best strategy.

Negative new coming from the social media and FUD are the reason why people are dumping their bitcoin and doing panic selling because they are afraid of losing their investment and they think that the bitcoin will going to crash.


Title: Re: Why people dump their Bitcoins ?
Post by: Watchy312 on May 21, 2018, 08:59:44 PM
Well when the price crashes, lots of speculations and analysis are made. Most often, they don't support the bitcoin. As an investor, if you think that bitcoin is going to crash, what do you do? You sell. and this is a domino effect


Title: Re: Why people dump their Bitcoins ?
Post by: ThorWin on May 22, 2018, 03:59:13 AM
I do not think it's panic because when the bitcoin price is nearly $ 20000, there are not many sellers and they are buying. The downside may be due to some investors snapping profits to other assets such as gold and dollars. And maybe the sharks are deliberately trying to buy back

In my opinion, they predict that BTC will not rise higher in the future. So they locked in at $ 8000 and invested in other high-altcoin lucrative. That's the reality I see in some friends I've been doing so. But I personally believe that BTC will increase strongly in the future.


Title: Re: Why people dump their Bitcoins ?
Post by: Mikejones64 on May 22, 2018, 04:41:07 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Those people don't know how to wait. Let's just say that they badly need money, but is it their main source of income? I feel bad for them.
Or maybe they are afraid that their coins will drop to the lowest. This is bitcoin, the prices fluctuates and it is normal. They just don't know how to wait.


Title: Re: Why people dump their Bitcoins ?
Post by: campica on May 22, 2018, 04:58:15 AM
I think that reason why people dump their bitcoin is that they need money. I believe in bitcoin and that why I hold it, but if I need money at this moment  I can take loan in bank with 9% rate of interest or sell my bitcoin. So I will rather sell my bitcoin, that is the good reason for "dump" bitcoin, atleast for me.


Title: Re: Why people dump their Bitcoins ?
Post by: Jmabion134 on May 22, 2018, 05:06:46 AM
i think they need money for emergency and i think maybe thats their ideal price to sell or maybe they want to change to another coin


Title: Re: Why people dump their Bitcoins ?
Post by: rizkyhiw on May 22, 2018, 05:14:43 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Moreover, they began to fear losing their money, and at first they lost confidence in bitcoin that's why they sell panic just like that. Sell panic is so contributing to the drastic price reduction, they should not need to panic just because of FUD, manipulation etc.


Title: Re: Why people dump their Bitcoins ?
Post by: Tatars kun on May 22, 2018, 05:21:43 AM
First of all pumps and dumps are illegal in the market hence you as a Bitcoin user should not expect deferral agencies to protect you. This brief overview looks into how Bitcoin pumps and dumps work and how you can make money of it but remember that is very risky.


Title: Re: Why people dump their Bitcoins ?
Post by: Kikir leutik on May 22, 2018, 06:00:13 AM
Because they didn't know yet about bitcoin what willl the benefits on it thats why they too judgemental but let them be they will repent someday.


Title: Re: Why people dump their Bitcoins ?
Post by: eleclair on May 22, 2018, 06:03:37 AM
Bitcoin pump and dumps work in a very simple yet straightforward manner. Pump and Dump schemes comprise of two groups of people. The first group is players who play by artificially increasing the price of the Bitcoin by endorsing or promoting it. This category of individuals spends their time finding cheap coins to purchase then wait for when they are ready for dumping and build a buzz about the coins. The process of finding and buying cheap coins can take as quick as minutes or as long as hours or even days.


Title: Re: Why people dump their Bitcoins ?
Post by: jeremypwr on May 22, 2018, 06:06:58 AM
FUD has caused me to dump coins in the past, which turned out to be an overly expensive sale.
People also dump coins when they need money to pay bills or other things.



Title: Re: Why people dump their Bitcoins ?
Post by: Idaujotaite on May 22, 2018, 06:30:37 AM
I think it would be due to some medical emergency or something along those lines. I don’t think There is adequate reason for a person to dump their bitcoins out of the blue. Unless there is in emergency


Title: Re: Why people dump their Bitcoins ?
Post by: Bitcoinjheta on May 22, 2018, 06:41:21 AM
People dump their bitcoins in a purpose of bigger earnings ahead, with some aspect which do not necessarily needed. I believe people are very optimistic on bigger earnings thats why some are easily trade there coin because of some purposes.


Title: Re: Why people dump their Bitcoins ?
Post by: fight-T on May 22, 2018, 02:11:02 PM
I think the biggest reason they dumped bitcoins was because they had trouble financially. They dump the bitcoin as quickly as possible to reclaim funds or make a profit to solve the problem they are having.


Title: Re: Why people dump their Bitcoins ?
Post by: forayer on May 22, 2018, 03:33:50 PM
Yes, there’s a need for blockchain and some sort of virtual currency, but until someone cracks the code and comes up with something that is scalable, secure, easy to use and performs some value-creating function, I’m telling you to run for the hills like the Wizard of Oz and not take your bitcoin with you!


Title: Re: Why people dump their Bitcoins ?
Post by: Marrionbitcoin on May 22, 2018, 04:09:32 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Simply because they are afraid to incur more losses. So they just withdraw it to stop losing money. For me, I didn't consider it as loss when the price is decreasing not until I totally withdraw it or convert from Bitcoin to local currency. When the price is decreasing we are only incurring a paper loss so don't get panic immediately. Bitcoin is too big to lose so we can never go wrong if we will just hold it for a while.


Title: Re: Why people dump their Bitcoins ?
Post by: srbing on May 22, 2018, 04:40:26 PM
I’m ancient enough to have been around (all be it a kid) when the dot com bubble burst. I can remember everyone betting like crazy on companies that were making no money. Everything at the time defied logic. No one knew why and people would say “Just trust me, it’s the future!”


Title: Re: Why people dump their Bitcoins ?
Post by: Oleg12 on May 22, 2018, 04:49:31 PM
There are different reasons, I think. Someone needs money. Someone does not believe in the future of bitcoin. I agree that many sell experiencing a panic


Title: Re: Why people dump their Bitcoins ?
Post by: onyok on May 22, 2018, 05:07:07 PM
panic is always the key factor when it comes to not so experienced traders. they are simply in bitcoin to make quick money. they only don't know how to play the market. some of them think bitcoin will end due to certain bad news articles and begin dumping all their coins.
Yeah! Your'e correct, most of the people dumped thier bitcoin or even another coin is because they are panicking or afraid to loose a big amount of money because of the dumping of the bitcoin price, which they do not know in how the market play, and how the bitcoin very volatile.


Title: Re: Why people dump their Bitcoins ?
Post by: Sum24 on May 23, 2018, 10:06:45 AM
Because they didn't know yet about bitcoin what willl the benefits on it thats why they too judgemental but let them be they will repent someday.
Agree with you lack of knowledge is the reasons for high panic selling it is only because people are not aware of actual benefit bitcoin can give them so name bitcoin is the future so no chance to dump my bitcoin, I think it is really good to know all about bitcoin when you decide to make investment so later on in future you will not get worry for selling it at panic as you will know it is a temporary situation.


Title: Re: Why people dump their Bitcoins ?
Post by: LuffyD.Monkey on May 23, 2018, 10:22:03 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
There are people who manipulate the price of Bitcoin, and whenever these people wants to invest they do have a target price to hit. So when in pump the price of Bitcoin with a huge amount of money, others will follow immediately to make profit from the pumped price. When these people, who we regard as the manipulators or the whales, reach their target profit they will withdraw their money and that will make the price to start going down. When the price is going down, other investors who don’t want to lose their money and be left with an option of having patience for price to recover will also dump when it’s sill early.


Title: Re: Why people dump their Bitcoins ?
Post by: Wayan_Pedjeng on May 23, 2018, 10:53:36 AM
From what I have seen, people who dump Bitcoins can be classified in to two types. The first category consists of people who have purchased coins at very low prices in 2012 and 2013. They will be ready to sell the coins at relatively low prices, because even then they are in profit. The second group consists of noobs who do panic selling.


Title: Re: Why people dump their Bitcoins ?
Post by: frankywill on May 23, 2018, 11:08:36 AM
Bitcoin is worth a big bunch of money, so I will fear too, if that bunch will melt on my eyes, trying to safe at least something will sell.


Title: Re: Why people dump their Bitcoins ?
Post by: AndrewPeoples on May 23, 2018, 07:35:43 PM
Could be so many different reasons, panic, scare etc


Title: Re: Why people dump their Bitcoins ?
Post by: Tungsten-1 on May 23, 2018, 08:15:35 PM
Because they didn't know yet about bitcoin what willl the benefits on it thats why they too judgemental but let them be they will repent someday.
Agree with you lack of knowledge is the reasons for high panic selling it is only because people are not aware of actual benefit bitcoin can give them so name bitcoin is the future so no chance to dump my bitcoin, I think it is really good to know all about bitcoin when you decide to make investment so later on in future you will not get worry for selling it at panic as you will know it is a temporary situation.
This just makes sense. Really, this is all about losing the confidence in your coin because of lack of knowledge. If someone is interested in bitcoins and he wants to make better decisions and earn better profits so he must be indulged towards better learning. For that, you must trust your coin firstly and then acquire maximum knowledge that would be making your mind strong.


Title: Re: Why people dump their Bitcoins ?
Post by: Lady Coquet on May 23, 2018, 09:36:28 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
In my own personal opinion, the reason why people dump their bitcoin and walk away is they have no idea what will be the benefit of having a bitcoin and they have no enough knowledge on how bitcoin works for them to earn more profit. People will be saying because of its low price, but i think it isn't because if you already have knowledge about bitcoin you won't worry too much about its price because you already the price will recover soon.


Title: Re: Why people dump their Bitcoins ?
Post by: trand on May 23, 2018, 10:20:27 PM
Because they do not believe in bitcoin. They are too afraid that bitcoin can drop its  price and they think that they will lose money if they dont sell their bitcoin. The main second reason here is that whales always want to control the market. They can easily drive the price in the way the want to cause panic selling


Title: Re: Why people dump their Bitcoins ?
Post by: vachellie on May 23, 2018, 10:22:39 PM
People dump or sell their bitcoin for various reasons. Some of these reasons are panic, some people lose the patience of observing the bitcoin price drop and they've just panicked enough to sell their coins and just walk away by dropping the bitcoin price a bit more. Another reason is the loss of confidence in bitcoin. People also get rid of bitcoin when they hear a lot of scams going around by people associated with bitcoin stealing etc and people think that bitcoin networks are not safe so they sell and go away from bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: putriliesma on May 23, 2018, 10:59:12 PM
People dump their bitcoin for fear of losing their money if the price goes down. They do not think that bitcoin has a big future and because of a lack of confidence for bitcoin they throw away their bitcoin. I think they should be more patient because the price will not increase in a few days it will take longer.


Title: Re: Why people dump their Bitcoins ?
Post by: Bitkoyns on May 23, 2018, 11:21:02 PM
people dump their bitcoin because they do not want to lose more on value, I experienced that but when you know the market you will not do that again and you will prefer for the pump and have a good value/


Title: Re: Why people dump their Bitcoins ?
Post by: Dark Sky on May 23, 2018, 11:30:10 PM
people dump their bitcoin because they do not want to lose more on value, I experienced that but when you know the market you will not do that again and you will prefer for the pump and have a good value/
But some people have no knowledge about bitcoin price because its price is sometime up and down but it dosn't matter because its again increase and more profitable, so that's why some are never dump their bitcoin because they better know about bitcoin currency.


Title: Re: Why people dump their Bitcoins ?
Post by: alfs75 on May 24, 2018, 12:13:21 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Mostly people now thinking to dump there bitcoin due to panic  or in FUD situation,happen now in crypto market that all digital currency coin is  in red flags,therefore as a investor when he saw what situation the spikes data of all coins in coin market cap he began to panic and want to  secure his small amount of portfolio,in order to survive his capital,so they change it  back again to traditional currency and payback later if the situation in the block chain market back to normal.


Title: Re: Why people dump their Bitcoins ?
Post by: deppil on May 24, 2018, 02:19:24 AM
people dump their bitcoin because they do not want to lose more on value, I experienced that but when you know the market you will not do that again and you will prefer for the pump and have a good value/
Yeah sometimes price changes don't match your expectations and your hope. so many users dump on their bitcoins and expect bitcoin prices
to rise as expected. or they aim to hold and wait until they accumulate a lot of bitcoin and wait until bitcoin prices rise high


Title: Re: Why people dump their Bitcoins ?
Post by: aishyoo17 on May 24, 2018, 02:36:31 AM
There are a lot of reason why people dump their bitcoin but in my own opinion there are three major reason why they do so. First they dump their bitcoin because they are worried that bitcoin price is going down so out of panic they will sell it, 2nd is they need fiat money so no regardless of bitcoin price they have to convert it and lastly they already met the price of bitcoin that they think they already made profit so they sell their bitcoin and then wait for the price to go down and buy back.


Title: Re: Why people dump their Bitcoins ?
Post by: Sir Legend on May 24, 2018, 03:04:07 AM
I'm sure that the main reason people dump their bitcoin because they expect prices to fall and can buy at a cheaper price, this is what happens now because bitcoin prices continue to fall but the volume of transactions continues to grow.


Title: Re: Why people dump their Bitcoins ?
Post by: Paul Pogba on May 24, 2018, 03:29:23 AM
Sometimes in life we do not have much choice, and when they have a sudden need they will sell bitcoin, this is what they see bitcoin dump they do not like to sell bitcoin.


Title: Re: Why people dump their Bitcoins ?
Post by: kalawang on May 24, 2018, 03:43:41 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
They didnt dump it. They contributing in dumping bitcoin inshort we can call them dumpers too.cause they doing panic selling.they panic selling.  Things is changing now. We should learn that we should hold in every situation so we can controlled our emotions dont contribute on dumping.


Title: Re: Why people dump their Bitcoins ?
Post by: Wong Kalong on May 24, 2018, 03:44:39 AM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
The people who throw away the Bitcoin they have and then choose to leave Bitcoin are the ones who do not trust completely in Bitcoin. They must be panicked because the price of Bitcoin goes down and they end up selling it to avoid even bigger losses. But if they are patient a little, luck is in those who have Bitcoin. This will certainly make the price of Bitcoin down but I remain confident that the price of Bitcoin will be at its peak again.


Title: Re: Why people dump their Bitcoins ?
Post by: maitexisi on May 24, 2018, 03:49:05 AM
I think people are dumping his bitcoins and going away because the media reports are bad news, or some state regulation is causing them to start panicking. Last September, for example, the price of bitcoin fell sharply when China oversaw the use of cryptocurrency trading platforms.


Title: Re: Why people dump their Bitcoins ?
Post by: dongyi17 on May 24, 2018, 05:18:44 AM
because of panic they sell their bitcoin low price,, that why btc dump, they afraid to loss more investment so they sell lower price, than the original price. But this people have not courage and patience to wait until btc going up.


Title: Re: Why people dump their Bitcoins ?
Post by: Pier7 on May 24, 2018, 05:38:45 AM
I think why people dump their bitcoins and walk away is because they always listen to false news and they got scared. They got brainwashed and feel that they don't have brighter future with bitcoins. They are easily wavered and doubtful, they lacked faith in bitcoins. I think when bitcoin become more successful and will be the currency of the world, then they will feel regret for leaving.


Title: Re: Why people dump their Bitcoins ?
Post by: Icoalert00 on May 24, 2018, 06:32:43 AM
There are so many reasons behind it I guess people are selling their bitcoins because the minimum profit of their investment is now fully achieve and they must sell it in order to have a profit. But if they are smart enough well they will hold it as long as possible.


Title: Re: Why people dump their Bitcoins ?
Post by: doomloop on May 24, 2018, 08:19:55 PM
I think the biggest reason they dumped bitcoins was because they had trouble financially. They dump the bitcoin as quickly as possible to reclaim funds or make a profit to solve the problem they are having.

In my point of view, people dump bitcoin if they have no idea about its future or they plan to buy again after some time. as far as the later kind goes, it is pretty okay because this is how trading is done but if we talk about the former ones, they make such blunder only due to lack of knowledge. Without having a pretty good idea of what a person is into or what is ahead of him, it is impossible to survive in bitcoin market certainly.


Title: Re: Why people dump their Bitcoins ?
Post by: Haladay on May 24, 2018, 08:42:46 PM
There are so many reasons behind it I guess people are selling their bitcoins because the minimum profit of their investment is now fully achieve and they must sell it in order to have a profit. But if they are smart enough well they will hold it as long as possible.

All the time, the same scenario. They buy it and they can't hold it. They sell it on the market for nothing, whenever dump happens, they sell their coins with cheap prices because they're not strong people.


Title: Re: Why people dump their Bitcoins ?
Post by: kokorotomoto on May 24, 2018, 08:59:46 PM
Yes! I think you are all above right. or maybe those who ditch bitcoin have no choice.


Title: Re: Why people dump their Bitcoins ?
Post by: Dingdong7 on May 24, 2018, 09:05:26 PM
They dump because of panic selling and also not seeing any potential anymore is the system. One of the main factor is the mainstream media who actually disorients the people on what the cryptosystem really is. Anothet thing is that it also becomes a platform spreading fud causing the holder to react.


Title: Re: Why people dump their Bitcoins ?
Post by: FIREBALL24 on May 24, 2018, 09:12:56 PM
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

There are a lot of reasons for that.For me one of the reason it is because people are impatient ,they wanted to profit fast.


Title: Re: Why people dump their Bitcoins ?
Post by: stromae on May 24, 2018, 10:47:21 PM
They dump because of panic selling and also not seeing any potential anymore is the system. One of the main factor is the mainstream media who actually disorients the people on what the cryptosystem really is. Anothet thing is that it also becomes a platform spreading fud causing the holder to react.

They get affected by the market actions which are bearish at the moment. They take decissions quickly and they can't foresee the possible results of their decissions. That's a fact makes people dump their bitcoins.


Title: Re: Why people dump their Bitcoins ?
Post by: Britanshio on May 25, 2018, 12:03:37 PM
If you mean dump by selling and not buying back, then that's just normal for someone who's been holding in a bear trend for over a year.

Shorting on the other hand is a good way to protect the value of your portfolio.

Other reasons include businesses or profitable traders who just sell their profits for fiat.


Yeah its true my friend.People got dump their coins because they are confused that what if they dont dump right now and the bitcoin value will decreasing,they make their bitcoin secured and already converted to fiat so that the regretion will never been happened.