WHO THE FUCK IS SELLING!?

[cheezcarls]

Dude at what price did you buy Bitcoin? And did you go all-in on it or diversifying it to other crypto assets? if you bought it during the time Bitcoin is rallying, I think this is how you feel right now. First of all, I would blame China for most of the dumping due to their continuous crackdown on Bitcoin mining (as some of them have moved their mining rigs to Kazakhstan. This is truly the main reason why most of them are panic selling, but this is just temporary.

Think of Bitcoin as a long term investment. In 2018, we all thought that this was the end of Bitcoin and it may not go even higher than $20 anymore, but last year Bitcoin proved us wrong. So don’t worry about it man, try not to look at the price for a long while and instead focus on something that will make you productive.

[Flexystar]

This is why I buy only once in while but after seeing that the market is at bottom rates. I never rush or never buy when market is in bullish trend and don't go FOMO about it. Thats what I learnt all through these years. Perhaps, I'm also average wagering man so I always save money first and then only invest money which I don't need for me or my family.

That way you don't go crazy shit like this. Because you know the money is already the one I don't need anyways. 

[arwin100]

This is why I buy only once in while but after seeing that the market is at bottom rates. I never rush or never buy when market is in bullish trend and don't go FOMO about it. Thats what I learnt all through these years. Perhaps, I'm also average wagering man so I always save money first and then only invest money which I don't need for me or my family.

That way you don't go crazy shit like this. Because you know the money is already the one I don't need anyways. 

Its not good to buy at rush also not good to buy at the peak thats why we need constant planning on when we execute our buy since this could save us from possible losing if we analyze carefully our possible position. But I decide to buy right now but in small fractions just to see if I hit the right spot and can do another action.

[Obito]

The people that have sold recently must be shaking their beds right now because the prices climbed back in prices already and I think that it's pretty sad that they sold at a panic prices and now they have to buy at a big loss, hopefully they will learn something from it.

[Oasisman]

The people that have sold recently must be shaking their beds right now because the prices climbed back in prices already and I think that it's pretty sad that they sold at a panic prices and now they have to buy at a big loss, hopefully they will learn something from it.

Not all who sold are panic sellers, some are short sellers. They sell at the most convenient range, and buy when it dumps close to the support level.
Not everyone is willing to learn anyway since a lot of new comers wants to make a quick buck and get rich quick over night investments. Those are the type of people who would quickly sell when Btc is declining.

[hatshepsut93]

So, when Bitcoin is rising very fast, it's all organic growth and a result of mass adoption, but when it's falling after that, Bitcoiners start looking for manipulators, coordinated attacks and "weak-handed traitors". Why it's so hard to acknowledge a simple fact that what rises fast also falls fast? Bitcoin had a bubble, just like many times in the past, there's absolutely nothing out of ordinary going on.

[pooya87]

So, when Bitcoin is rising very fast, it's all organic growth and a result of mass adoption, but when it's falling after that, Bitcoiners start looking for manipulators, coordinated attacks and "weak-handed traitors". Why it's so hard to acknowledge a simple fact that what rises fast also falls fast? Bitcoin had a bubble, just like many times in the past, there's absolutely nothing out of ordinary going on.

Unreasonable falls (and rises) are manipulation not the reasonable ones. For example when price fell from above $60k to the $50k range that was a perfectly healthy price action because it was a correction after a series of big rises. If anyone calls that market manipulation they are wrong.
But when price falls from $60k+ to $28k for no reason apart from a lot of FUDs and irrelevant negative news then it is market manipulation.

P.S. $60k was not even close to being a bubble.

[Obito]

~snip

Not all who sold are panic sellers, some are short sellers. They sell at the most convenient range, and buy when it dumps close to the support level.
Not everyone is willing to learn anyway since a lot of new comers wants to make a quick buck and get rich quick over night investments. Those are the type of people who would quickly sell when Btc is declining.

But my point still stands, the prices did go up and the people who sold at a lower price than that is waiting for it to go down a little bit on their target price because getting back in would probably cost them some more if they want to get back the same amount of bitcoin.

[ancafe]

calm down buddy, the current price is still quite high compared to the price at the beginning of the year, or 2020. you just have to look at it from the other side. if you get stuck at a high price, you have to be patient, because you're not the only one stuck on a high price. Well, I'm also stressed about this situation, but we need to be patient, friends. the choice is to sell now or stay in the current state.

[numanoid]

OP is another guy who bought bitcoin on the top. He bought when Bitcoin reached ATH around $64000, then blame all people who sold their bitcoin and make bitcoin price falling. There is nothing wrong about selling, because almost all people are trader not investor. You can't blame them just because they selling their own coin

[Ararbermas]

Just chill and relax mate i know how you feel right now because lately bitcoin really shown a great green percentage and everyone was shocked, but unfortunately it restart now and turn to red again. I know most of investors are disappointed right now especially those who buy immediately and expecting it will constantly increase because of what improvements it made during the day which still bleeding because of some negative news from china.  just imagine it made bump from 30k to 34k and now it gradually decreasing, and even me i don't know exactly what's is going on. +17% and suddenly turn into negative 2.7% ? .. Lol

[Jating]

Or probably the chinese miners who are out of business right now because of the continued government ban on bitcoin mining? For one, they need to feed their families, second, maybe they don't want to get out of China and continue their mining business.

In any case, the OP should remain calm, weak hands have sold, so this is nothing out of the ordinary, maybe we have reach the peak in $64k and that's why people are selling because of the uncertainty in the market today.

[Kong Hey Pakboy]

OP is another guy who bought bitcoin on the top. He bought when Bitcoin reached ATH around $64000, then blame all people who sold their bitcoin and make bitcoin price falling. There is nothing wrong about selling, because almost all people are trader not investor. You can't blame them just because they selling their own coin

Agree, if you sold and you can make profit then you might as well sell it. I think that there's nothing wrong with that, especially if you are trying to cut losses then might as well cut it before getting a bigger losses.

[Wind_FURY]

OP, you should be asking, “who the hell is BUYING”? Anyone selling today is more Bitcoin that goes to the billionaires for HODLing, never to be seen in market again for maybe a minimum of five years. The crash from ATH is different than the crashes of 2013, and 2017. The market is currently more liquid. Who is providing the liquidity on the bid side?

[barota]

they sold bitcoin without stopping since two moth at latest but in , the market suffer from selling big sommes of bitcoin , for sure the reason is whales ,they want buy more bitcoin , the big problem is when market drop , traders sells too , traders should not sell at these cheap prices because bitcoin will rise again more than percent of drop , but in cryptocurrency everyone need patience , then little of hope and why not the bull run will come back again and price to reach another highs level
generally traders should invest with strategie ,for example buy some bitcoin every time not once at the same prices or buy and hold for two year at latest

[wheelz1200]

Imagine selling now.... Honestly man...Fooking imagine it... Looking at your fooking kids in the eyes and saying you know what "I'm real sorry my youtes daddy, daddy fucking got a sex change, you know what I mean no more big dick, daddy got fat pussy naw kaw you weakling". Fuck that man, I can't look my children in the eys that daddy sold on dumps.. ON FUCKING DUMPS MAN.... You FOOKING idiots... Who the fook is selling... I whoooIdon't know anyone selling. My team ent selling. I know BANG hunters ent fooking selling. Gem hunter ent selling. SO WHO THE FOOK is selling.
Michael Saylor BUYIN, Grayscale BUYIN, Elon Musk on the Tesla cashflow fund BUYING... SO WHO FA FOOK IS SELLING... I'll tell you whos selling... Lil weak hand pussy-os that didn't even want to be in the game in the first place. Didnt understand it. "I'm in it for the tech" Fuck off, you ain't in it for the shit.

Lol pretty aggressive over nothing.  This is normal in crypto or any market.  There are ups and downs, bears and bulls.  If someone feels a good trade opportunity exist by selling here and either holding to buy back in lower or booking profits from this insane run then it would make sense for them.

[proudhon]

Sure, you could have sold at ~$60k, and that would have been the absolute, 100% perfect time to sell all bitcoin. But even at ~$30k or even $10k it's still a great time to sell bitcoin. In fact, as long as it's worth anything, people should be selling it because it's eventually going to trend to $0 or very close to it. Who is selling? Everyone who knows this confirmed fact.

[Inspiron14]

Sure, you could have sold at ~$60k, and that would have been the absolute, 100% perfect time to sell all bitcoin. But even at ~$30k or even $10k it's still a great time to sell bitcoin. In fact, as long as it's worth anything, people should be selling it because it's eventually going to trend to $0 or very close to it. Who is selling? Everyone who knows this confirmed fact.

because indeed the price of Bitcoin used to be only $ 1 since it was launched,
there are even bitcoin users buying Pizza with lots of Bitcoin, but now that has changed,
we only buy pizza with satoshi, of course it's very tempting right?, and everyone can sell it anytime,
because of the nature of the Crypto is decentralized, so we will never know who sold the bitcoins

[ILuckyGuyI]

Chill, mate. You shouldn't be this much angry. Of course, we all don't like panic sellers etc. . But there will always be this kind of people. Because every day, new investors show up in the market. And most of them lack knowledge about this market. So, they panic sell when they see the price coming down sharply. They are one of the big factors causing this fall.

[jostorres]

they sold bitcoin without stopping since two moth at latest but in , the market suffer from selling big sommes of bitcoin , for sure the reason is whales ,they want buy more bitcoin , the big problem is when market drop , traders sells too , traders should not sell at these cheap prices because bitcoin will rise again more than percent of drop , but in cryptocurrency everyone need patience , then little of hope and why not the bull run will come back again and price to reach another highs level
generally traders should invest with strategie ,for example buy some bitcoin every time not once at the same prices or buy and hold for two year at latest

Do not forget smart traders, they sell at the 40k price because it is not going up any further but they also buy when it goes lower so they could profit. Think about it this way, what happens when there is a good amount of increase? People who bought at low makes a profit, so why wouldn't traders be happy that it went to 30k price? They are the ones who take it to 40k anyway so they are quite happy with the movement.

I do know that this prevents it from going over 40k easily because people sell there, but it also prevents it from going under 30k as well, if bitcoin market really wanted to we could have been under 30k and then go over 40k back to back by now, we have that talent, we just wanted to go up and down here to make a profit. We reached 30k before, and we reached 40k after that, similar things and I think that will happen again.