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Author Topic: Why people sell bitcoins?  (Read 9877 times)
Geljames28
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January 25, 2018, 01:00:48 AM
 #1321

People sell their bitcoin when they need money and to get their profits. And when the bitcoins price will goes down, they will buy bitcoin again as more as they can.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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armandoz
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January 25, 2018, 01:09:35 AM
 #1322

So many reasons no comfidence to continue or need money and can't wait money. or somebody share negative openion to change her or his mind. lot of reasons. there is some campaign need to take several month that's why need to wait and trust and be patient to wait and keep participating campaign.

dangwapo311
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January 25, 2018, 01:18:33 AM
 #1323

People sell bitcoin to earn profit. They sell bitcoin when its price is high and they buy bitcoin when its price is low, as simple as that. Some newbies buy bitcoin then panic sell when its price suddenly drop. Others sell due to emergencies.
Fennishlassy@gmail.com
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January 25, 2018, 01:26:09 AM
 #1324

One of the most important reasons Bitcoin exists is for this very reason.  So many countries have unstable currencies that trap their citizens into a wealth stealing death spiral.  Or they just don't want the people to have power over their own financial futures.

I say buy Bitcoin even if your government says not to.  Especially if your government says not to.   Just be safe about it.

Buying Bitcoin is like buying gold.  It protects you from government stupidity.


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odakorlina
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January 25, 2018, 01:40:19 AM
 #1325

Everyone has their own reason to sell their coins especially in Bitcoin. When bitcoin price is high maybe after several all time highs people has the tendency to sell it to make profit. Some others, they do not want to loss all their money especially when there is a negative news about bitcoin. A lot  of people rush to sell of their bitcoin as soon as possible.
mkmittalg
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January 25, 2018, 02:06:41 AM
 #1326

People sell their bitcoin  because they need money or they want profits from their saved bitcoin
Fedor07
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January 25, 2018, 02:15:06 AM
 #1327

There are a lot of reasons why they are selling their Bitcoin.  One of them is this one , they are afraid that Bitcoin will fall down and then they are gonna lose their money , which is possible actually. 
Another reason is that they need money , maybe they have a debt  or they just need money for another reason . But the most important reason why are the people selling Bitcoin is the first reason I sad , becouse they are afraid of looking everything, and I think it's normal to be afraid.
Hudadahuda2018
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January 25, 2018, 02:17:28 AM
 #1328

Well ideally bitcoin is a means of investment, but if you really need the money for whatever reason, you have to sell the coins to get some sort of fiat currency back.
Yes it is true your opinion about bitcoin, therefore perbanyaklah save or investment so that one day if you need money then you only sell cloth to get some kind of money because indirectly people sell their coins because the person is in need of money for the purposes of his family.
Cholidm
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January 25, 2018, 02:22:18 AM
 #1329

because there are two reasons for the sale of  bitcoin the first may be bitcoin holders profit that many  the second  reasons possibility because the bitcoin holders lose so that if maintained more and more losses

arthur0808
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January 25, 2018, 02:29:13 AM
 #1330

Because they are afraid of hardfork predictions that will happen in 2018, so to avoid losses they choose to sell their bitcoin. They will sell it even though it is in a high price or in a low price..
spiderm4n15
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January 25, 2018, 02:38:54 AM
 #1331

What are they gonna do holding it? They want to sell, make profits, lead a luxurious life. People invest with certain objectives or goals in mind. Once they have achieved the expected returns - they want to sell & realise those objectives, goals n dreams.
Karmakid
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January 25, 2018, 02:41:19 AM
 #1332

I sell my coins because I need some Fiat and also to take some profit that I earned,
But of course if ever I don't need some Fiat or paper money I wouldn't really sell my bitcoin I would just hold it and keep it.
thecoder2017
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January 25, 2018, 02:46:48 AM
 #1333

Some people sell their bitcoins maybe because they have important things to buy or maybe they need it to finance some important matters but for sure if they don't need it they will hold it and wait for the price of bitcoin increases.
SummonKing2
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January 25, 2018, 02:56:48 AM
 #1334

I dont know why they sell their bitcoins maybe because they were so desperate that they did it. but for me it's better to pick it up before you sell it, for when the bitcoin value grows you can sell it at high value. I know this is an stupid question, and i can imagine some obvious scenarios like the urgency of a dissease or real life time trouble to sell all your bitcoins at once, but… why else does people sell their bitcoins? ITs been said that mining is efficient, but buying bitcoins is even more efficient.
ehrz22
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January 25, 2018, 02:58:44 AM
 #1335

There are a lot of reasons why people sell their bitcoins, financial needs, buying alts and some are panicked because of continues dumping of price and sell it. Anyway, price of btc now is increasing so maybe volume of people who sells their btc will be lessen now. I just really hope btc will recover its price in the coming weeks.

fransbenotius
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January 25, 2018, 03:01:34 AM
 #1336

People sell their bitcoin to change it with money so they want to sell that they have invest before. and people sell their bitcoin sometimes when they are panic when they the price goes down so they dont want to get loss.
bakekang008
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January 25, 2018, 03:03:24 AM
 #1337

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
Some people now hoard bitcoin they wait the right time to sell their bitcoin, and also they trade their bitcoin to earn more. And also they buy bitcoin, and used for trading.

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patz22
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January 25, 2018, 03:05:06 AM
 #1338

The main reason why people sell bitcoin is because of the earnings that they can get from it without seeing the beauty of holding and getting the most out of it. One thing that I have notice is that some are switching to altcoins since some believe that it can replace BTC in the future.
Eddieboy
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January 25, 2018, 03:14:18 AM
 #1339

Its because of they dont want to lose their principal even if  its not profitable as long as they get their principal or investment.
Andria123
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January 25, 2018, 03:18:08 AM
 #1340

Some people sell bitcoins,to used in other investments or others things that they need to do,they sell, Bitcoin to avoid the loses,they sell Bitcoin to improve there profit,a lots of agreements why they sell there bitcoins,but it's not us individually,they used also a wise decisions to have a mor earnings and income  

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