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Author Topic: Miners Total Stopped Selling Bitcoins  (Read 182 times)
nikolastech (OP)
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April 17, 2021, 07:32:54 PM
 #1

Miners Total Stopped Selling Bitcoins, they simply not selling at this price.

https://ibb.co/kx66VKZ

We going up Wink

79k
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April 17, 2021, 08:01:34 PM
 #2

In a way, the price remaining relatively stable for a longer period of time would also be an extremely bullish signal. Less volatility = less risk = more serious investors, more demand.
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April 17, 2021, 08:09:18 PM
 #3

Idk if that chart really has the stat for all of the miners transferring its btc or simply selling.

But if its true then, its simply to say that price will increase but there's no assurance if when.
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April 17, 2021, 08:13:01 PM
 #4

Even if now all alt coins seem to perform well, BTC will take over again and I'm sure it will pass the $100K in no time. HODL is the answer to your all financial questions Smiley

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April 17, 2021, 08:34:51 PM
 #5

Even if now all alt coins seem to perform well, BTC will take over again and I'm sure it will pass the $100K in no time.
It will shoot to $100k but if that time comes, are we going to sell already or we're going to have another hope and expectation if the charts are looking good then we may proceed to another ATH?

HODL is the answer to your all financial questions Smiley
In my experience, I don't want to regret anymore of selling too early. Take profits that you're fine to absorb but if you're not needing it, I agree - HODL!

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April 17, 2021, 08:36:52 PM
 #6

Even if now all alt coins seem to perform well, BTC will take over again and I'm sure it will pass the $100K in no time.
It will shoot to $100k but if that time comes, are we going to sell already or we're going to have another hope and expectation if the charts are looking good then we may proceed to another ATH?

HODL is the answer to your all financial questions Smiley
In my experience, I don't want to regret anymore of selling too early. Take profits that you're fine to absorb but if you're not needing it, I agree - HODL!

Some people may expect $100K others 100K Euros so it's not the same value for all. I might expect $220K Smiley

I haven't sold a bit since 2013 and I think I can still resist a few more years, it's not easy but you can do it. The reward will be nice in the end Smiley However, no matter how high BTC goes I will never sell all to FIAT. That would be a dumb move.

1 BTC = 1 BTC
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April 17, 2021, 08:38:38 PM
 #7

Shitcoins have been doing well lately, bitcoin dominance is dropping. Usually when both these things happen it means we are close to a significant upwards breakout for bitcoin. If miners are HODLING rather than selling it all adds to the power of the next upwards pump.

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April 17, 2021, 08:40:58 PM
 #8

Shitcoins have been doing well lately, bitcoin dominance is dropping. Usually when both these things happen it means we are close to a significant upwards breakout for bitcoin. If miners are HODLING rather than selling it all adds to the power of the next upwards pump.

Yes the trend will reverse pretty soon and all shitcoins will go down, while BTC will pump up to the moon and beyond. I'm very optimistic that this year it can pass the $200K.

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April 18, 2021, 05:15:40 AM
 #9

Miners have to sell bitcoin at one time. Their sole reason of putting up a mining farm and running it is the purpose of making a profit. Indie miners who are enthusiastic about "securing" the network have been washed out by the craze of mining companies and ASIC farms.

Hence the image posted by the OP, does not really draw any conclusion on the statement.

Maybe they are not selling right now but they will sell at one point. So you can always expect a gradual decay/downtrend on price because miners are also targeting high prices to sell but they dont want the price to drop down too much. I am sure miners do a lot more buy/sell difference calculations than the average trader does.


 
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April 18, 2021, 05:34:01 AM
 #10

The price right now has decreased a little and maybe it will go down to under $50,000 again. This kind of method will not work unless everyone still wants to buy this time. There are lots of people assuming the price will increase continuously in this coming month and I am one of them. But if no one will gonna take advantage of this current state of the market, then the price will continue to fall again.

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April 18, 2021, 07:15:51 AM
 #11

I hope all miners can do that, and for sure bitcoin price will be fly to the moon. one of the reasons for the drop in bitcoin prices is the miners, although not all of them.

-= OI =-
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April 18, 2021, 07:37:59 AM
 #12

Even if now all alt coins seem to perform well, BTC will take over again and I'm sure it will pass the $100K in no time. HODL is the answer to your all financial questions Smiley

yes that's what we have to do at this point, don't keep selling your bitcoins because the price of bitcoin has the potential to continue to rise. Better to hold your bitcoins now if you don't want to regret it later.
we can see concrete evidence that bitcoin has the potential to go up, by looking at the bitcoin price graph from the beginning of the year around $ 40,000 and now we are in April 2021 the price of bitcoin has reached $ 60,000.

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April 18, 2021, 07:38:37 AM
 #13

The market price of the bitcoin is too much volatile and as we see right now the price of the bitcoin continuously increasing and we expect too much for this price like the 100k USD and the 200k USD and still, the market is on the bullish market, if you want to hold your bitcoin for over a year this is a good decision but if you want to make a trade right now it's up to you it's better to join ride with the market volatility. Makes yourself knowledgeable with the market graph to keep awaken about the different possibilities of price movement.

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April 18, 2021, 08:12:12 AM
 #14

If the miners are not selling it would have to be seen who has sold on this dip. I guess they have been all weak hands, mostly retail investors, and also today is Sunday so you can move the price with less volume. In any case, I remain confident in the appreciation potential of Bitcoin in the short, medium and long term.


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April 18, 2021, 08:25:29 AM
 #15

Will miners be able to hold those bitcoin for a long time? Most likely they will not, they will sell some to pay the electricity bills and most likely they will sell it when the price have $ 100,000 ATH.
The stopping of selling does not necessarily mean a 79k sign because the price will increase when an increase in demand happen which may happen if a company bought several thousand bitcoins.
the price moves contrary to what is expected. If we all expect that the price will rise, it may not increase.
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April 18, 2021, 08:31:17 AM
 #16

Miners Total Stopped Selling Bitcoins, they simply not selling at this price.

https://ibb.co/kx66VKZ

We going up Wink

79k

What are you taking about here. We are not going up, we are not going down  Cheesy

79K...No Way, its 50K lolzz

There is always someone who will sell at the top and create the panic. People might be looking for the news and reason for the dump, the fact is some whales took the profit at 60K and bought back at 50k.
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April 18, 2021, 08:38:58 AM
 #17

The price is about $55-60K for a long time. There is no sign it will go up or down soon.
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April 18, 2021, 02:13:17 PM
 #18

Miners Total Stopped Selling Bitcoins, they simply not selling at this price.

https://ibb.co/kx66VKZ

We going up Wink

79k

What are you taking about here. We are not going up, we are not going down  Cheesy

79K...No Way, its 50K lolzz

There is always someone who will sell at the top and create the panic. People might be looking for the news and reason for the dump, the fact is some whales took the profit at 60K and bought back at 50k.

Perhaps the OP spoke to soon, the market in the last 12 hours went down hard to $52k-$54k because of some unconfirmed tweets. Nevertheless, it's not a perfect time for the miners to sell, probably they will get even with the recent turn of events.

So let's see start of next week, I have a feeling that this negative movement will be over as institutions are going to scope more bitcoins in the next couple of days.

 
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April 18, 2021, 04:24:09 PM
 #19

Miners Total Stopped Selling Bitcoins, they simply not selling at this price.

https://ibb.co/kx66VKZ

We going up Wink

79k

Not sure where in reality we will go, but when miners stop selling at a certain price point, it indicates a bullish mentality in the market. It means miners are expecting the price to go up in foreseeable future so they are holding up whatever they are mining.

I am not sure from where you have gathered the chart from but if that is true, I will have to believe that bitcoin will go higher in near future. Because that's what the producers are expecting!

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April 18, 2021, 04:29:19 PM
 #20

Even if now all alt coins seem to perform well, BTC will take over again and I'm sure it will pass the $100K in no time.
It will shoot to $100k but if that time comes, are we going to sell already or we're going to have another hope and expectation if the charts are looking good then we may proceed to another ATH?

HODL is the answer to your all financial questions Smiley
In my experience, I don't want to regret anymore of selling too early. Take profits that you're fine to absorb but if you're not needing it, I agree - HODL!

Some people may expect $100K others 100K Euros so it's not the same value for all. I might expect $220K Smiley

I haven't sold a bit since 2013 and I think I can still resist a few more years, it's not easy but you can do it. The reward will be nice in the end Smiley However, no matter how high BTC goes I will never sell all to FIAT. That would be a dumb move.
I'm doing it and learned from my past mistake and I wish I was like you before when I can have that patience and didn't sold a lot during those runs that we've met before, those were not really bull runs and the price was quite low than what we are today.
Thanks for those words and it's very encouraging to hear someone who's been one of the early folks who did bought bitcoin and still holds a lot up to these days.

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