Post
Topic
Board Economics
Re: Why people dump their Bitcoins ?
by
Poppy
on 06/10/2015, 13:24:24 UTC
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

The person who needed money to pay bills, medical emergencies, or just quick money, is probably the one who will dump his bitcoin.  I think the need to understand very well what bitcoin is will help not to act hastily.