Why is everybody dumping Bitcoin?

[klarnetcijamie]

it's just china , i don't know if you are aware but china has decided to block all exchanges in the region because of this most people residing in china have decided to sell their bitcoins. If there won't be any exchanges what's the use of holding bitcoin it's better to sell it

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[gaurav82]

A good trader always takes the benefit of every moment. If they are dumping then let's them do. If rates are coming down due to panic. Then take it as a opportunity for purchase. Hold it and wait for right price and sell on higher rate.
You can do nothing to control the panic. So take it as opportunity.

[c++btc]

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?

Actually they are intentional to dump the bitcoin's value but what is happening that bitcoin drops it's value because of people reaches they're quota and selling their bitcoins and some of the new investors are selling out too without knowing that it will be back soon.

[Driggers95]

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?

I do not think that all people will sell Bitcoin, many investors keep Bitcoin for a long time while the market is always fluctuating on the trading floor, I believe that now many people are afraid of their money. Will lose profits when the market is falling.

[v0rtecxz]

usually when there is bad news about bitcoin, people who just start into bitcoin will feel panic at the time the news is circulating, at that moment they can not make the right decision because of lack of experience and little information they know, they sell bitcoin at a fairly cheap price because they are afraid of losing and losing bigger, but that's how the market goes, the fact that prices always recover, you just need to be patient when the decline is happening or can take advantage of it by buying it

[Westinhome]

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?

You can see that the market is in a deep crisis, bitcoin prices in the past three months have been continuously depreciated, and now lose nearly 70% of the value. I believe that you should sell bitcoin at the moment, bitcoin prices are showing signs of a sharp fall and investment funds are beginning to run away from the market.

And i think in this year was the bitcoin will be started to rise the price again.
And many investor to invest bitcoin, And that's true we should sell our bitcoin at the moment of bitcoin will be in high price.

[Escf4]

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.

[teleskopta]

I did not sell my bitcoin since I'm sure it's a temporary panic. While newcomers are selling their coins cheaply they can be bought and then it is good to earn when the price grows high enough.

[anussayme]

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?

Bitcoins are not all people because now the virtual currency is falling in the market so many people fear they will lose capital should decide to sell Bitcoin out, but there are still many Bitcoin holders to continue to wait for its high prices in the future.

[mary0919]

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?

For me some dumper did this because they want to buy I mean they want to invest bitcoin that is why they intent to dump it so that some investors will be panic and sell their bitcoin while some are buying during the time of red market.This is where dumpers will gain more.

[feinter]

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.

I just think its another buying opportunity for those with no bitcoin and whales are losing out on their big bitcoin stash. Everytime a whale dumps, it gets more diversified to the people.

[dante golo]

From the traders start to panic when the exchange rate decreases will be better if they try to be patient in the next few months because the panic will only make losses to many parties so that this condition worsen the situation and coin is hard to soar.

[yanesna3]

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?

The price today is increasing again and it was a very good sign because it only means that bitcoins this year might really reach the price of $50k dollar before 2018 ends since most of the speculations is saying the same thing.

Although the market is showing the signs of recovery and Bitcoin is not falling, I do not think that this cryptocurrency price will gain so much to reach 50 K this year.

[charlemagne_15]

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?

The people who are dumping bitcoins are maybe the newbie here in the cryptocurrency thingy. Someone like them who are not knowledgeable enough about bitcoin gets easily panic whenever they heard that the value of it is low or super cheap. They are dumping and selling it because they are afraid that someday it will cost them a lot and will not gain some profit and moneys.

[PalindromemordnilaP]

Most of the people who sell off their bitcoin and crypto holdings during crisis are those people who are just new and inexperienced in cryptos. They don't really know that when they sell off their crypto holdings, they are also contributing to bitcoin's market price fall down.

[by24]

Actually not all the time bitcoin will always dump and it was not the first to see bitcoin be dump. But, not everybody is dumping bitcoin, there are some truly that dump bitcoin because of the value of bitcoin that is going lower and lower

[gabmen]

Most of the people who sell off their bitcoin and crypto holdings during crisis are those people who are just new and inexperienced in cryptos. They don't really know that when they sell off their crypto holdings, they are also contributing to bitcoin's market price fall down.

Well it doesn't seem that people are dumping that much now. Most of those weak hands have probably been shaken off during the first quarter blood bath but don't worry, when btc makes a run again, these fomo guys will be back for sure lol

[vaughn125]

Most of the people who sell off their bitcoin and crypto holdings during crisis are those people who are just new and inexperienced in cryptos. They don't really know that when they sell off their crypto holdings, they are also contributing to bitcoin's market price fall down.

Well it doesn't seem that people are dumping that much now. Most of those weak hands have probably been shaken off during the first quarter blood bath but don't worry, when btc makes a run again, these fomo guys will be back for sure lol

Yup, this is true. Most of the weak hands have already disposed their crypto possessions and now regretting their decisioins because they realize that bitcoins are not dead yet and they could've still had the chance to get back what they lost if they chose to hold than to sell. But as what we can see, some are already getting back and learned their lesson.

[btcmura]

Some people sell bitcoins in panic, these are usually new investors. The start investing in bitcoins hoping that the prices will always rise which is never going to happen.

[jaysabi]

Most of the people who sell off their bitcoin and crypto holdings during crisis are those people who are just new and inexperienced in cryptos. They don't really know that when they sell off their crypto holdings, they are also contributing to bitcoin's market price fall down.

Well it doesn't seem that people are dumping that much now. Most of those weak hands have probably been shaken off during the first quarter blood bath but don't worry, when btc makes a run again, these fomo guys will be back for sure lol

Yup, this is true. Most of the weak hands have already disposed their crypto possessions and now regretting their decisioins because they realize that bitcoins are not dead yet and they could've still had the chance to get back what they lost if they chose to hold than to sell. But as what we can see, some are already getting back and learned their lesson.

Well, buying Bitcoin isn't investing, it's speculating/gambling because the only way you can make money off it is to find someone to pay more for it than you did for it. Investing is traditionally buying something that has the potential to create income and Bitcoin doesn't and never will, the same way gold will never create income. So losing people who thought they were "investing" and then took on far too much risk and realized it was either too risky or too volatile or wasn't investing, that's not a good or bad thing on the whole. But if you have fewer people going forward to sell to because they see Bitcoin for what it is, that's not a good thing for holders because it reduces the pool of potential buyers. The only way buyers today are going to see any type of return is if there is another wave of fools piling in hoping to get rich.