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Author Topic: Who sells BTC now?  (Read 5200 times)
yohananaomi
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July 02, 2018, 03:20:22 AM
 #141

Probably those who are scared of losing their money they put on bitcoin, they hit the panic button too early. Which may result to a bad decision because they did not have that much patience waiting for it to comeback

In fact, the most feared thing is a situation that is too fraught with wrong doing the action that results in the loss, need to be patient to see the situation when the right time

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quyenquang1654135@gmail.c
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July 02, 2018, 03:23:23 AM
 #142

It's crazy if you sell Bitcoin for the time being. It will cost you money. It will earn you money if you wait 1 or 2 months
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July 02, 2018, 03:25:15 AM
 #143

just wait for friends, than you regret when you see the price of btc will rise in the next few months. selling now is only for people who panic.
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July 02, 2018, 03:29:42 AM
 #144

I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?      
Buy high and sell low are the common mistake  by newbies in trading and that is also aplicable here in crypto if you are really an investor and believe that bitcoin price may surge soon then probably you will keep holding bit if you only bought bitcoin to ride the bandwagon hoping to esrn quick profit probably you are a losser now. crypto is not for weak hands and soft heart cause if you do you will losing money here.
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July 02, 2018, 03:57:13 AM
 #145

it can be said that, cowards and pessimists who will sell their BTC at a time like this, they can not support but just dropped .. !!
Those who dares to sell bitcoin now contributed for this fall which make the price slowly increase and fall eventually. We cannot blame them because it is their decision to cut their lose but it is an opportunity to us, buy and buy to have an amount to keep and wait for the good price. Do not give away an opportunity, it comes for those who lasts.

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July 02, 2018, 04:14:56 AM
 #146

btc will rise soon.  its a golden time to buy btc & hodl till December 2018.  btc will be hit 15 k $ soon 😍
 thanks
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July 02, 2018, 05:12:39 AM
 #147

Investors are the ones they want to buy bitcoin to trade
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July 02, 2018, 05:35:04 AM
 #148

If one wants a guaranty then they can invest in any product not just only in bitcoin or cryptos.
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July 02, 2018, 05:39:07 AM
 #149

I think investors are the one who sells thier bitcoin. Trade them, when it has a high price. Sell it when the price is high, but as if these time you wont sell your bitcoin because it has a very low price in the market. If you sell it you are just burning your money.
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July 02, 2018, 05:52:07 AM
 #150

I think quite a lot is selling it now, maybe those who bought it at a lower price than now, will sell it now for fear of bitcoin going down even lower, but for those who buy when bitcoin prices are high enough, will definitely hold it until the price goes up much higher, because selling it now will only get big losses.
quyenquang1654135@gmail.c
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July 02, 2018, 07:32:54 AM
 #151

I think quite a lot is selling it now, maybe those who bought it at a lower price than now, will sell it now for fear of bitcoin going down even lower, but for those who buy when bitcoin prices are high enough, will definitely hold it until the price goes up much higher, because selling it now will only get big losses.
But this is Bitcoin's lowest price this year. Buying Bitcoin at a lower level is probably unbelievable. The market is not up yet due to new money flowing into.
lazygin006
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July 02, 2018, 07:39:17 AM
 #152

Why sell your bitcoin now when there is so much time left in this technology. Despite it being around for a few years now, it is still a fairly young project and yet to be adapted in the global stage. Sit tight and watch I would say.
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July 02, 2018, 07:53:21 AM
 #153

I think that now is not the time to sell, but also not the time to buy BTC. Since the price is somewhere in the middle. For people, it is still too high to buy. Therefore, I would not judge those who sell BTC now.

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July 02, 2018, 08:06:23 AM
Merited by mdodong (1)
 #154

I Think major sellers are miners, trying to squeeze out their profit to buy new hardware /operation before the are swept away but this low price.
Some people are celebrating the strongly increasing hash rate of #Bitcoin. Difficulty skyrocketed  in the last months, it is now almost 5 times higher thank start of the last rally ( Oct ‘17 was 1e ^12 now well over 5e^12). This makes network way more secure, but this might be a sign that the bear market will continue for quite a while.
 When the price increases, hash rate cannot follow very quickly. This means that the miners make a big profit and only a small fraction of the mined bitcoin are enough to cover their costs. (Electricity, mainly). Thus, they don't need to sell all new bitcoin and can hodl.
    When the hash rate slowly adjusts to the increased price, the margins start to decrease and more bitcoin must be sold to cover the costs for mining. The price pressure increases.
Assuming a constant absorption rate measured in $, the price will start to decrease until an equilibrium is reached. This is only possible when the hash rate does not increase anymore (or increases only due to better and not more hardware).
In this sense, the premise made by @saifedean that you cannot increase the supply of Bitcoin due to increased mining is violated in the short term. Not more bitcoin are produced but more are forced onto the market.
In this current difficulty boost  lot of miners are getting less and less reward from their now quite obsolete hardware (Avalonminer 741, mainly) so they are selling all the mined co ma to pay for new hardware and amortise current one.
Thus, I expect the bear market to end when we don't see any more substantial increase in hash power and the price goes sideways for a few weeks.

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gabmen
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July 02, 2018, 08:07:45 AM
 #155

I think quite a lot is selling it now, maybe those who bought it at a lower price than now, will sell it now for fear of bitcoin going down even lower, but for those who buy when bitcoin prices are high enough, will definitely hold it until the price goes up much higher, because selling it now will only get big losses.
But this is Bitcoin's lowest price this year. Buying Bitcoin at a lower level is probably unbelievable. The market is not up yet due to new money flowing into.

Nah. Most weak hands have already sold their shares that's why there's not much of a steep sudden decline anymore. Perhaps some who are really in a hard situation sells their holdings every now and then.

 
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July 02, 2018, 08:16:21 AM
 #156

Some people do not believe in bitcoin. They feel the market drop will Not rise and  they will be in a huge loss . So., they panic and sell their bitcoin. This is a time when you can Buy Kore since prices are low. Just hold your bitcoin guys the market will rise up soon.
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July 02, 2018, 08:20:33 AM
 #157

I don't think there is mass selling happening. Maybe at the begininig of this latest dump but now not anymore. Most of the users have accepted current situation and now are waiting what will happen next and how the price will move.
Anyway, those who are on constant fear of loss are selling always as well those who need fiat money. But remember that not every Bitcoin selling is bad, it depends on circumstances.

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July 02, 2018, 08:24:47 AM
 #158

I don't think so that anyone sell now BTC on this price because last time some people sold and after it they much regret i think only people who need money or they have to full fill their personal needs only this condition that people sell BTC.

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July 02, 2018, 08:43:12 AM
 #159

This is not an easy question since most people are selling people who are looking for quick earnings. They also sell those who lost hope in the prosperity and development of Bitcoin. Or those who really need money at the moment. But in essence, they are all losing now.

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July 02, 2018, 08:50:50 AM
 #160

I think that selling bitcoin now is those who experience "panic sell". These panicked people sell their coins without thinking. They just follow the issues and hear the news without analyzing the news in depth. It is very dangerous when we just follow the issue that circulate on most people. This panic will make us regret because it is certain have taken the wrong decision. It does not feel the loss now but in the near future, I'm sure that will regret if the price of bitcoin began to creep up and soar.

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