Who is selling Bitcoin?

[Bittoshi]

There are always impatient people or investors in urgend need of money who sell their assets like stocks or Bitcoins. Even at the price of a loss. There can be many reasons for that (lost job, need money for health care, etc.).
Also, some traders trade short term. They sell and buy several times a day or a week. Others hodl for some time and when the price reaches their expectation, they sell and make a nice profit. And so there are always sellers.

[paolo099]

people sell BTC for various reasons: they are traders so sell high and buy low, people who need cash in real life for different things and, yes they exist, people who are going out of crypto world thinking they have gained enough to stop following this project.
I have read many time BTC is just a bubble and soon will explode and end.. well, let them think like this, it's a good stuff for us

[Faith Joy]

Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.

But when you buy Bitcoin, someone is selling it to you.

Why are people selling Bitcoin?


The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?

You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.

There are so many people who are selling bitcoin. Because even though no matter how bullish you are on bitcoin, some people are still going to need fiat; probably to pay for bills, to buy random stuff, to pay for some sort of emergency, because they are short on fiat, those stuff. Deal with it, bitcoin isn't used enough(especially in 3rd world countries) that you can live with bitcoin alone. We still currently need fiat to pay most stuff. They are really earning so much in selling bitcoin.

[Thanasis]

Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.

But when you buy Bitcoin, someone is selling it to you.

Why are people selling Bitcoin?


The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?

You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.

There maybe many reasons for selling the bitcoins,the right word we can say is for spending the bitcoins because direct payment of bitcoin is not available in many place if someone want to spend bitcoin he need to convert it into fiat then spend it as how he wants.But if that person holds more time more fiat he can convert.
Some people are selling their bitcoins due to the price falls they are afraid this maybe the end of bitcoins so they just want to convert into fiat.

[bitfocus]

There could be many reasons. Suppose some guy invested all he can in BTC at the rate of $6000/BTC and for some urgent reason he needs some money. Now, he sold some of it today at $7730. See, he still made $1730/BTC. So, he sold his BTC at a good profit and next time when he gets some extra bucks, he will buy again.

[googs84]

When any currency reaches $7800 in such a short period,profit booking takes places. Some people decide their targets at the time of making investment. When these targets get achieved they see their investments. People sometimes need fiat cash to settle debts, so they may sell their bitcoins. Some persons do trading in bitcoin currency. So whenever price of bicoin increase as per their expectations they sell it, and whenever the price falls they again buy it. Bitcoin is a volatile currency sometimes its falls sharply, at that time its investors become panic and sell their stock.

[lance04]

It's like a concept of selling shares or stocks in the Philippines Stock Exchange. 
Bitcoins or cryptocurreny fluctuates its price anytime, like stock the concept of selling it is to gain profit by means of transaction. 
Other people use it as investment which provides a high interest of income rather than investing it in companies.

[bcointt]

Question like why change your money to food or another need. Traders, margin trading, bought a low sold higher - that's the answer.

[Lannie25]

People sell bitcoins to trade or to make profit.
Because knowing that cryptocurrency is now exclusive for serious investors, people who have bitcoins get opportunity by selling of it and make profit.
They know that the value of bitcoins is not only in digital, but also in reality.

[freightjoe]

People sell bitcoins to trade or to make profit.
Because knowing that cryptocurrency is now exclusive for serious investors, people who have bitcoins get opportunity by selling of it and make profit.
They know that the value of bitcoins is not only in digital, but also in reality.

Are you joking? I do not see serious investors in here. I see naive dreamers hoping to get rich quick.

[ajqjjj]

People sell bitcoins to trade or to make profit.
Because knowing that cryptocurrency is now exclusive for serious investors, people who have bitcoins get opportunity by selling of it and make profit.
They know that the value of bitcoins is not only in digital, but also in reality.

In reality you can find the people who is earning money in campaigning and the people indeed of money only use to sell the bitcoins.
I see that this normal by seeing the amount money people open a trade with me in the localbitcoins. That value mostly seems like campaign earning only. That is how I am saying that too. Traders will sell the bitcoin when the price bumps up and buy when the value dumps.

[Tamim121]

People selling bitcoin for their need. They sell bitcoin for money. Everyone wants to be a rich man. So they used to sell it.I also sell bitcoin to spend my daily life comfortably.

[ottokoester]

I don't believe, can you prove this?

What kind of news are you based, or better arguments, nothing against, but one time I was thinking that it was Bitcoin Miners Manufacturers, but when I was in Shenzhen, I saw that it's really complex to know where is this control. Then I've started to see, that there is a big fight to have this control, specially the big corporations as traditional banks are trying to pushdown the value of Bitcoin, they are trying to invest in another coins or Blockchain Projects to crash the hole system, if you see the comments of these "experts" and look to Ethereum, you will discover the real "darkside" of Ethereum and you will ask yourself how it's possible a strong community as a DASH, just lost the control of the balance of the system. Everything start at the base thing, machine, and the machines are produced in China, but who is taking the profit of this production. And do not forget the big companies of energy sector. I don't know, but one thing, I was completely sure that ETH will close this year around 450-600 USD and BTC will close around 10.000 USD,

If this is a plan, definitely, I don't know, everything start at the production of the Computer Devices, ASIC Machines and etc... the difficulty push this value and the most miners like me lost the coins for cheapest value just to pay the bills. Some guys can invest in some projects, but the decentralized idea is not more real decentralized, the answer is the fork of Bitcoin Cash, who tke the advantage of BCH and why China is completely divided about the future of Cryptocurrency.

I don't know, but anyway, everything about Blockchain is stopped at the margin of traders and credit cards companies. Many coins are going to the conversion, the government, of course, is loosing millions about taxes, and they are trying to say that Bitcoin is something illegal or something from the darkside, etc...

I think this is a big discussion for another post... who is controlling the Bitcoin? - of course with true arguments and no speculations... I think that the answer will not be a coin.  

I think that your question is: Who is controlling the Bitcoin? And who will regulate the development of Blockchain?
Maybe, you are trying to discover the direction of the Blockchain Development and how the mother of this processes will survive in this JUNGLE!

Greed is controlling bitcoin now

[Pamadar]

It's like a concept of selling shares or stocks in the Philippines Stock Exchange. 
Bitcoins or cryptocurreny fluctuates its price anytime, like stock the concept of selling it is to gain profit by means of transaction. 
Other people use it as investment which provides a high interest of income rather than investing it in companies.

those who fully understand the system makes some good money in terms of investing with the movements of bitcoin in each timeframe they manage to
gain even a small percentage but with high volume holdings its really an easy money making system for those who really dedicate their time anticipating
the next movements.

[qiwoman2]

Fiat is also a bubble, look at the American debt and every time the federal reserve prints more money to increase the debt ceiling that devalues your purchasing power. At least with bitcoin there will always be a finite supply and I see more and more people wanting to buy and hold bitcoin. Of course there will come a time where the price will stabilize and not be so volatile but remember there is that limited supply and as long as demand for it grows, so will the price for quite some time yet anyway.

[fiulpro]

Why you want to sell your bitcoins depends upon the reason you are compelled to do so, its different for different people and its really not an issue rather a personal choice..
If you do have a lots of money and still you decide to sell then for sure you are doing things the wrong way...
I think one should never sell bitcoins entirely rather cash out at various times that one might consider apt.
Time encashment of bitcoins.. not full is something that I believe in.
Thus even I do sell my bitcoins.. timely because of personal reasons.

[newinbtc]

From now onwards no one will sell there bitcoins , From the last One year Bitcoin Price rose by 10X , recently i got a photo of coin capmarket of last year Nov Month



Check the price of all crypto currency and compare with today prices and Think twice before selling your Btc...

At the current Time 40% bitcoin holders saying they will not sell their btc until price rose to 1 lakh btc+

[Christian13]

Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.

But when you buy Bitcoin, someone is selling it to you.

Why are people selling Bitcoin?


The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?

You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.

There are many reasons but basically price of BTC is up and down. People will sell high and buy again when the price decrease. Some others want to cash out to avoid risk.

I absolutely agree that, there are many reasons why they sell their bitcoin. Some people sell their bitcoin to gain income and they will buy when the price low and its like buy low sell high and because of that you could earn much income. Lastly, I suggest you must hold your bitcoin than to sell it.

[pushups44]

People sell bitcoin for any number of reasons. While bitcoin has a promising future, it carries some risk. If investors are selling to diversify their assets or convert their bitcoin into tangible items with value, then I can't fault them. Also, some investors may have emergency expenditures that arise, such as family or health problems.

[woas4]

Even people who believe in the coin and its long term project can see opportunities to short and/or sell their coins to get back in a lower price.. It's natural to any exchange based market. Many people end up losing a chunk of their stack doing this without experience though