Why is everybody dumping Bitcoin?

[cizatext]

Well despite the fact that this post is old and irrelevant let me contribute a little, most of the people dumping bitcoin due to panic are those who see bitcoin as a get rich quick scheme and also newbies who don't know or understand the fundamentals of bitcoin, what bitcoin stand for and it uses. So at that they always rush into panic selling there by creating fear in the system.

[lzby2000]

The market is too much affected by FUD now, because the media are often used by big whale. When FUD begins to spread, this negative effect will be magnified. As most people buy bitcoins for speculation, people will worry about a bigger fall and dump bitcoins when the negative sentiment of the market is accelerating.

[lehuong]

Everybody dumped because the mentality holders of this digital money pile are unsteady instability they fear much affect the value they are holding, they do not yet understand the market of the present do for them. Agreed with the dumping

[ipanks]

maybe they cannot wait any longer so they decide to sell their bitcoin and from what they did, they just make bitcoin price is down and even it will down too deep. but if they can hold for a long time, then at least, they will help bitcoin to get survive and more people will do the same and I think only the weak hands that will do this. or maybe they need the money because they have some urgent things so they must sell their bitcoin to get the money. we don't know what each person reason to sell their bitcoin but one thing that we know that if many people are selling the bitcoin then the price will get down slowly.

[Rubble898zaitO]

This is something we all need to learn especially those newbies, whenever the market is red, please make sure you stay strong and keep calm, when you panic, you become impatient, you do things that you think is the best thing to do but it will make the situation worse if you think about it, selling your coins during the time the market is red will further make the price go down, since you are dumnping back a lot of coins to be part of the supply again, this is no good to anyone. What you can do during times likes this is buy as much as you can and stay strong and patient. Itr is not going to be easy but it is doable and the best thing to do if you want to keep your investments.

[zhelis74]

The market is too much affected by FUD now, because the media are often used by big whale. When FUD begins to spread, this negative effect will be magnified. As most people buy bitcoins for speculation, people will worry about a bigger fall and dump bitcoins when the negative sentiment of the market is accelerating.

Yes, and the main effect of that is the panic selling that makes bitcoin dump. FUD will make small investors afraid of losing everything therefore they will sell their coin even if already at lost in profit just to avoid of total losing of value.

[lemonscentedbreeze]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

Because they didn't believe that bitcoin has a future. They always acting crazy when the value of their coin is dropping they think that they can lose their coin if they continue trust bitcoin. They didn't know that bitcoin can change their future.

[tylerderden]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

Because they didn't believe that bitcoin has a future. They always acting crazy when the value of their coin is dropping they think that they can lose their coin if they continue trust bitcoin. They didn't know that bitcoin can change their future.

This is because they do not have faith in bitcoin and thought that bitcoin did not had a future because the price was continuously and not recovering.But this is not the case.Its price has started increasing slowly because there are still many users of bitcoin along with the investors who have faith in it.People should have paitence when they are into bitcoin.When the prices fell,people started releasing their bitcoins due to which the price fell more.

[Angi]

I believe that they do it because they in panic mode or they afraid that btc will down and they lost their profit but for me I didn't dump it instead I hold it because I believe in btc. It will be more popular then it will be more valuable.

[TheAndy500]

This thiking is availble in people heads and it will be for next X years untill whole coins will have more stable prices, but in other way this type of thiking is good cause prices are getting low and other investors make their movements on market.

[Sled]

This thiking is availble in people heads and it will be for next X years untill whole coins will have more stable prices, but in other way this type of thiking is good cause prices are getting low and other investors make their movements on market.

A lot of people are looking those dumping bitcoins as a great way to get in the market and start their own position in the market because the reason why everybody is dumping bitcoin is they don't want to lose more and they can't handle the heat of the volatility of bitcoin and that made them sell their bitcoin for cheaper price which is an opportunity for other people.

[pealr12]

Dumping is only made by panic sellers who dont have faith in bitcoin,  and whales loving it they can buy cheap bitcoins,thats why the rich gets richer , and the dumpers are the losers.

[shelimy]

the price of bitcoins today is already increasing and there is no doubt that it will grow continuously until the end of 2018 so keep on holding your coin in order to earn more profit in the next few months.

[Westinhome]

Not everybody is dumping bitcoin, there are some truly that dump bitcoin because of the value of bitcoin that is going lower and lower, but not everybody some are just holding their bitcoin and waiting for the right time to make some movements about their bitcoin in their wallet.

That't true not all the coins are dumping and it was normal the coins or bitcoin be going dump, They dump but not too long and we can wait if this bitcoin will be rise again.

[Westinhome]

Everybody is dumping bitcoin because they thought that the price value of bitcoin that is very low will not rise back to its high price and the high price value of bitcoin is unpredictable when to be back or to happen again.So the bitcoin holder dump there bitcoin.

Not all are dumping some of coins are pumping for now but not necessarily in a high price of pump.
Maybe in this year all coins and bitcoin will be started to increase the price or in this month of december just like in the other year bitcoin was a have a huge increase of price.

[lastnumber]

People do not want to devalue Bitcoin. But the supply and demand rule has affected the value of Bitcoin. Currently, many people are worried about the future of Bitcoin. Bitcoin's stagnant growth has left investors no longer patient enough to continue. They sell Bitcoin to move on to another activity. When the volume of Bitcoin sold is too large in the Cryptocurrency market, Bitcoin prices will fall.

[theblack_cat]

They salve the coin from the price that will damage the market.
Panic selling or dumping is the factor that makes the price plummet better to wait for the price to go up.

[shone08]

Everybody is dumping bitcoin because they thought that the price value of bitcoin that is very low will not rise back to its high price and the high price value of bitcoin is unpredictable when to be back or to happen again.So the bitcoin holder dump there bitcoin.

Not all are dumping some of coins are pumping for now but not necessarily in a high price of pump.
Maybe in this year all coins and bitcoin will be started to increase the price or in this month of december just like in the other year bitcoin was a have a huge increase of price.

Because some altcoin have a real product or have intention to improve there project in the market thats a reason some altcoin pumping while bitcoin perform a dramatically situation this is a good timing to stock bitcoin and hold until the price go back to normal.
This dumping happen arr strategy of big whale to buy more bitcoin in a dump situation.

[EnricoGomez]

People who sell their bitcoin out of panic from a wrong speculation clearly dumps their bitcoin as they do not have enough knowledge to arrive at better decisions in handling and managing on their own. Knowledge and understanding the field should be a first for everyone if they are wanting profit. They should have patience as well as the greater time pass by, the greater the value of bitcoin will be, possibly as everyone expects it to be.

[Sabana1952]

Increasing in price scared people and the risk is high because price may decrease at any time in point