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Author Topic: Why people sell bitcoins?  (Read 9878 times)
palensya
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November 29, 2017, 08:54:36 AM
 #181

As an investor selling bitcoins only means that I had already gained profit from my Investments. With the current value now I had gained a very good profit now that is one of the reason why people sell Bitcoins.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Prem.Soorajpaul
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November 29, 2017, 08:55:32 AM
 #182

To fulfill our basic need to survive in this world, we need money. To get that money, it's our compulsion to sell bit coin. But it's my humble request to everyone, please avoid to sell bitcoin as much possible as. It's our future.

zombie6
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November 29, 2017, 08:55:47 AM
 #183

a person sells bitcoin just to fix profits on the difference of buying and selling and then when there will be a correction to buy it again at a lower price! or for New Year's gifts Grin
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November 29, 2017, 08:59:30 AM
 #184

When investing in bitcoin, the most important thing for investors is profit. As compared to the past, now the price of bitcoin has increased lots of, when selling bitcoin, investors will be profitable. Therefore, many people have sold bitcoin.

trauchot
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November 29, 2017, 09:04:57 AM
 #185

What we must do with bitcoins if not selling? Bitcoins are Internet currency, and they should be sold or bought on them any goods or anything what u want to buy in Internet. Those who keeping bitcoins on their wallets and not selling them simply earn on it or they just waiting for that time when bitcoin course will grow and after some time they will sell bitcoins.This is business.
Jaya912
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November 29, 2017, 09:19:51 AM
 #186

People include me sell bitcoin is just to cash out to buy some stuff for life like rice, vegetables and meat.
So selling the profit to continue our life.
And also some people sell it since its high price and good point to sell.
wack slacker
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December 02, 2017, 06:11:59 AM
 #187

People include me sell bitcoin is just to cash out to buy some stuff for life like rice, vegetables and meat.
So selling the profit to continue our life.
And also some people sell it since its high price and good point to sell.
You have a very interesting answer. Bitcoin is traded. It is like a commodity. If it makes a profit that matches your expectations, you have the right to sell it. But now it seems that purchasing power is bigger than selling. There are many people who want to own a bitcoin. Thus bitcoin prices have increased
Saiful Islam777
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December 02, 2017, 06:38:13 AM
 #188

When a person purchases Bitcoin for a business, he hopes to get it from it. So when Bitcoin prices are low, a trader buys it and sells it in a bull's eye.
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December 02, 2017, 06:42:57 AM
 #189

people buy bitcoin in low price and sell them to get high profit . they hope to get double profit and when bitcoin reach high platform people sell them. So they can earn huge profit &living a good life

Angi
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December 02, 2017, 06:55:47 AM
 #190

People sell bitcoin because they want money to  buy some daily needs like food medecine and other needs .Sometimes we want  to hold our bitcoin until the price high but we have any kind of responsibilities  in our life  and any kind of problem also thats why we cannot  hold our bitcoin long.But others they hold their bitcoin until the price is good .
rasho321
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December 02, 2017, 08:25:01 AM
 #191

In my opinion when asked "I would sell all my bitcoins if…" answer from an speculation standpoint and look at the near future (maybe not more than one year) and say we will sell out bitcoin.
on the other hand a lot of it is because of the bitcoin price history . many are expecting another rise (pump) to the moon and after that they expect that history repeats itself which means another crash! as the result they will consider selling at high prices to gain this profit and get out before the crash.

but what you are saying is a scenario in which bitcoin price actually goes up and not just get pumped to the moon. in that case i personally don't see myself even considering selling my bitcoin because it would be the most valuable thing in the world!
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December 02, 2017, 08:29:28 AM
 #192

they afraid bitcoin become lose price and it become worthless so that why sell bitcoins

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Joylee
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December 02, 2017, 08:33:48 AM
 #193

It is just an Investment and its always better to hold it, but in case you need money urgently then you can sell it but keep holding as first priority because bitcoin will rise upto $20k by the end of 2018.
Siopao
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December 02, 2017, 08:34:12 AM
 #194

Everyone who have bitcoins would surely prefer to hold it and treat it as their investment. However there are instances in life that pushes us (btc users) to sell or to convert our btc to fiat. Its better if we still have emergency fund so we will not be tempted to convert our btc.
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December 02, 2017, 08:51:23 AM
 #195

Its sad to hear that your country forbids the opportunity on bitcoin. I think the average bitcoiner that holds and sells is 25/75 ,  75 in favor to those who hold. People sell their bitcoins in many reasons like paying bills, buying some leisures, converting into fiat to have cash buffers and many more.

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orka39
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December 02, 2017, 08:54:01 AM
 #196

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.
Most people will sell their bitcoin if they get profit. If they buy high and the price down after,  i think most of them will just hold it and waiting for the price go back and sell in profit.

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December 02, 2017, 09:23:56 AM
 #197

hahaha the question is amazing, they look for bitcoin if it is not sold for what else? instead of the only way to convert a digital currency into a real world currency simply by selling it
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December 02, 2017, 09:46:42 AM
 #198


Selling Bitcoin is normal thing if the holders or traders feel its time to sell.
I know how difficult it is to be in country that is greatly base on paper money, government is still skeptical to bitcoin same here in our country
ritsel02
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December 02, 2017, 09:49:52 AM
 #199

At this moment bitcoins' value is unpredictable , suddenly it rises then with just an hour slowly falls.As a bitcoin holder, the high pump of bitcoins' value can really attract us to sell it to gain more profit and some consider this moment as harvest time. Thinking that after a big pump all of a sudden it'll dump.
bololord
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December 02, 2017, 09:50:41 AM
 #200

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.
i think some people got panic because sometimes theres a lot of  negative news about bitcoins and some people need moneyt so thats why they need to sell their bitcoins but for me its better to hold your bitcoins because if you hold your bitcoins you will get more money in the future .
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