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Author Topic: Why people sell bitcoins?  (Read 9878 times)
DMC_Ken
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December 02, 2017, 09:52:08 AM
 #201

People sell bitcoin for two reasons, bitcoin price is high or they need some money for themselves, but for me they sell it because the needed it, even I will sell mine too if I need some money.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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diegodos
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December 02, 2017, 10:08:31 AM
 #202

When the great uncle wants to make a difference in the courses, they wreaked havoc on the market and sent the currency on sale. At this point, all the hamsters start to sell because they are afraid for their investment. Then the rate starts to grow again and hamsters are buying the same currency, but more expensive than we sell. This is a great tool uncles for a relatively passive income.
yusupjatigumilar
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December 02, 2017, 10:16:38 AM
 #203

I think people are selling bitcoins because they are afraid of hardfork predictions that will happen in 2018, so to avoid losses they choose to sell their bitcoin, but I think if it happens simultaneously and massively it will actually make the price bitcoin becomes worse.
Morgann
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December 02, 2017, 10:18:26 AM
 #204

maybe they need money thats why they sell their bitcoin and selling bitcoin is very normal in trading industry. another thing is maybe they got a profit thats why they sell it now.
Ultimist
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December 02, 2017, 10:20:42 AM
 #205

People lock in the profits, thinking that the bubble has burst, and in fact this is a normal correction before the next jerk.

btcprospecter
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December 02, 2017, 10:27:46 AM
 #206

People will sell if they see that something is going bad with their investment. Some will hold for as long as they can to maximise their capital on their investment where as others sell to fund their mining operations.

378budiman
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December 02, 2017, 10:29:39 AM
 #207

People sell bitcoin because they need money or they want to benefit from the bitcoin stored.
oemar bakrie
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December 02, 2017, 10:30:12 AM
 #208

It's all because of the need,because the many benefits after selling bitcoin is the main reason for those who have no income other than bitcoin..


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Jaya912
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December 02, 2017, 10:33:08 AM
 #209

Many people are investing in Bitcoin. Therefore, Bitcoins are sold if a person needs money or simply if the current price suits him.

You talk reality. People need fiat to stay a life like buy some food everyday. If people have another income maybe they will not sell it.
Another option also they sell it because they close in profit and prepare to buy back.
Ru chin Salcedo
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December 02, 2017, 10:34:08 AM
 #210

People sell their bitcoin because they have already gain and some sell their bitcoin due to uncontrollable drop of the price. They were trigger to sell because they are afraid that bitcoin will be valuibg to 0.00
Pasabm
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December 02, 2017, 10:37:09 AM
 #211

Currently bitcoin prices are exploding, so this opportunity is used by people which invests in bitcoin. To sell, in order to gain a lot of profit.
krisnt80
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December 02, 2017, 10:41:08 AM
 #212

Since bitcoin is a volatil currencie people does sell them to try to make and earn more money, thats normal nowadays, bitcoin last week went into 11000 dollars and had returned to 9000 dollars soo its a great opportunity to make easy money. Besides that some people does exchange their bitcoins into local currencie soo they use the money they earn to improve their life.
Wyne
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December 02, 2017, 10:41:45 AM
 #213

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 sell their bitcoins because they need money.  If people experience financial difficulties they are force to sell it, others sell it when the price is high because of the earnings they get from it while other sell it because they are afraid that sooner its value will decrease.
iamKiko218
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December 02, 2017, 10:43:49 AM
 #214

Some reasons that I think people would sell their bitcoins are: First, they want to put up a business outside the bitcoin world so that they can earn real money. Second, they want to enjoy the profit they get from selling their bitcoin. Third, they get panic when the value of bitcoin goes down. Fourth, they are afraid of losing it. Fifth, they are frightened that their government might banned it. Sixth, they want to convert it into fiat because of emergency needs. And lastly, they don't have patience on earning bitcoin for a long term.

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Cebolinha157
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December 02, 2017, 10:48:45 AM
 #215

In the end, Bitcoin is a money that values very fast
hxk451
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December 02, 2017, 10:58:14 AM
 #216

People sell their BTCs in light of the fact that perhaps they require cash to purchase anything or to pay obligations and bills yet in the event that you hold your BTCs its all the more great to hold this on the grounds that the estimation of BTC is persistently to expand so perhaps some time or another you'll get a tremendous of cash.
Soots
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December 02, 2017, 11:22:18 AM
 #217

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 .

Selling bitcoin is normal which will depend on various reasons. Somehow people get panic when the value of bitcoin going down and selling it directly unexpectedly. Also selling directly without any doubt because of emergency purposes like someone in the family needs directly a money. Selling a bitcoin most of the time due to there urgent need of the money, even how high the value of bitcoin it is they sacrifice it in order to help one of the family member especially when it comes to life is involve.
lightskulk
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December 02, 2017, 11:38:48 AM
 #218

Of course, that is the trend of the industry we are in. It is supply and demand, buy and sell. Investing is another option where in you could gain more benefits when you sell rather than hold. It's a cycle.
dragon fire
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December 02, 2017, 11:52:44 AM
 #219

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.
In today's difficult times, many are doing ways to earn extra income besides working principal.
for someone who knows more about bitcoin, now is the right time to sell bitcoin.
because, with us depositing it at the time the price drops, while it is soaring time is the right time to sell it.
because, the profits will be doubled from the previous price.
that's where we have to take advantage of it, and the benefits of bitcoin are becoming more obvious
powermagic
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December 02, 2017, 12:16:02 PM
 #220

many causes people sell the possibility, because to profit with the current high bitcoin prices
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