♨♨♨ Top 10 Reasons To Sell Bitcoin Now ♨♨♨

[ShortCoins]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that



MY Top 10 Reasons To Sell:

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Anything on the internet is vulnerable to hackers
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. The unpredictability surrounding Futures and December 18th
7. It appears Bitcoin is near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

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[nor9854]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that

Although only fool would sell but if I have to,the only good reason is 20 times profit that I will make

[Iranus]

3. Bitcoin can be hacked

This one is false and irrelevant.  BTC can't be hacked yet, and in the event of quantum computers becoming more prevalent in 20 years or so, it can always just soft fork or hard fork to a more secure algorithm.

9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level

Irrelevant.  Most major stocks started at low prices.
Real reasons that might justify selling:
1.  BTC's merchant adoption seems to have decreased since the start of the year (Fiverr and Steam no longer accept it).
2.  BTC's usage as a speculative asset is unlikely to be sustainable.
3.  There is a lot of confusion about what BTC's purpose is supposed to be - people seem to try and justify the high price after it happens rather than before it by altering BTC's purpose (from currency to "store of value" to speculative asset).

[moosegringo]

More likely, the following scenario will occur on 12/18 when futures start trading:

There will be an initial rush (especially from Asia) to buy.  Expect that BTC could quickly go to the $25K-$35K range. There will also be a lot of media hype.  Only after that initial surge will short selling start and a resultant real roller coaster ride for those that can trade fast.  IMHO.

[ShortCoins]

I believe it is time to sell because there is no fundamental basis for valuation of Bitcoin and other cryptocurrencies

The price is basically based on one thing: crypto is a popular idea

As far as the actual value of bitcoin. The price is through the roof and will surely fall back down - maybe to $0

[Valentina N]

Hello! If you have sell bitcoin that you don't lose nothing and nothing win! You just get your money for current price without stress!)

[HabBear]

What are your top reasons to sell bitcoin?

(1) To buy Ether
(2) To buy Ripple
(3) To buy Litecoin

I find it funny how so many of the "Bitcoin is a bubble, therefore you should sell" articles either leave out a significant number of Bitcoin's strengths or they say something to the effect of, "Today's price could be a steal in 15 years, but today it's way over priced."

[KingScorpio]

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Bitcoin can be hacked
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. Bitcoin might crash on December 18th when futures start
7. It appears to be near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

great post

[A.Delaney]

Well this thread is depressing for a new guy excited about bitcoin.

[KingScorpio]

Well this thread is depressing for a new guy excited about bitcoin.

you are late better go into altcoin section bitcoin is useless garbage if you arent rich, bitcoin has 60 usd tx fee, nothing you can buy or even less get assembled with this.

[greeklogos]

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Bitcoin can be hacked
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. Bitcoin might crash on December 18th when futures start
7. It appears to be near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

Well, I guess true bitcoiners will count all this reasons just like a crap and I can believe that. I don't have any bitcoin myself, just prefer something cheaper, but not less perspective, such as Etherum

[BitcoinFrik]

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Bitcoin can be hacked
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. Bitcoin might crash on December 18th when futures start
7. It appears to be near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

3. How can Bitcoin be hacked? Human beings can be hacked because they install malicious software.
5. This happens with pretty much any other crypto.
9. BTC is too far ahead for that
10. Long term investments are against that.

[ahmedjamal1998]

I was going to leave this post without saying anything but this reply caught my attention.

1. The price is through the roof

I have no idea how this makes it a reason to sell except if you can look at the facts from a long distance and don't take the time to research a bit into it.
Back in 2015 the price of 1000 was incredible and unbelievable. This is because the price at that point was about $250. That's a profit x4 ! And it happened just like that before we could even believe it.
And when the price hit that point, there was people just like you (exactly like you) who were telling us to sell as that's the highest it can ever become. A lot of people sold and were totally happy with the profits they made.

Oh let's just imagine how much MORE they could've made by NOT believing what the "people" said and held onto now. I'm not gonna calculate it you can do the math but we can say it's well more than 60 times !! Do you imagine ?
That's exactly why I'm not gonna sell any time soon. Keep saying whatever you want.

2. There are already 1380 other crypto currencies

BTC ain't one of them.

3. Bitcoin can be hacked

Prove it. Please hack the address on my profile and transfer them to your account.

4. The fees are way too much to transfer funds

On point but will get solved eventually

5. 1000 people control the addresses of 50% of the bitcoin

Jeff Bezon got 97 billion dollars. Bill Gates has 90 billion dollars. And the list goes on.  Got anything to say ? Plus those numbers aren't even accurate.

6. Bitcoin might crash on December 18th when futures start
7. It appears to be near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

Just LOL. I guess my first part of the quote cleared all this uselessness.

[dubistnicer]

Well so many people wanted to invest in it and as far as I can see those people who are investing in it don`t have an idea what is it and in the slightest dump they would panic and dump their btc.

[949miner]

Just LOL. I guess my first part of the quote cleared all this uselessness.

Clearly he doesnt even know how futures works, one day before the opening of the futures from the CBOE, he started posting that billions and billions of dollars were going to be shorted and that bitcoin will go down to less than $5000 because of those futures

Probably he does not even know what to say anymore, if bitcoin doesn't crash on the 18th, what is going to be next? on christmas?

you are just wasting your time, the only ones who are going to sell are those who have 0.05, or 0.01, those who are desperated for money.

those who have more than a bitcoin or a little bit more, are not going to sell because a piece of scum is telling us to sell.

[Baimovic]

the reason I sell bitcoin is because I want to take advantage of bitcoin, usually everybody sells bitcoin when they judge it is profitable, and what enables me to sell bitcoin is my life needs and desires.

[LTU_btc]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that

By looking at your post history,I see that you are shill who are spreading FUD about Bitcoin. Crash, drop, bubble, ponzi scheme - is it only thing what you can say.
Name at least one strong reason to sell bitcoins now. Now I see only bulshit.
Guys, by answering this topic you are only feeding this troll.

[sweetbet]

I would only sell if I needed the money.

[rockyfeller]

I believe it is time to sell because there is no fundamental basis for valuation of Bitcoin and other cryptocurrencies

The price is basically based on one thing: crypto is a popular idea

As far as the actual value of bitcoin. The price is through the roof and will surely fall back down - maybe to $0

I beg to disagree. It wont fall back to zero. Remember bitcoin has a value and in current state people use it as commodity or backed up golds. Mass adoption of central banks and other countries are reason why bitcoin keeps increasing. So there's no room for bitcoin to go back to 0 nontheless the internet of all will die or destroy by terrosrists.

[rodel caling]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that

no need to give top 10 reason to sell bitcoin look at the price of bitcoin every time increase the price value, i think make your own analysis and decisoin what is the best for your bitcoin sell it or hodl it. selling of bitcoin now for me is a right time during the price are in a roof.