Are you worried about the German government dumping 50k BTC?

[alltalk]

That's true that the news about selling is not confirmed but what's the point in moving them if they are not selling them? They are going to sell if not then why do they move it? retail investors will face problems when the US sells Silk Road BTC but according to my last posts, I still think that hodlers are not going to exit BTC trading and exit the market due to this news.

We don't know what the reason is. They can move the Bitcoin for selling the Bitcoin. They also can move the Bitcoin to safer wallets. Or they can move the Bitcoin because they want to see the response of the market. There are many possibilities of the reasons, moving it doesn't always to sell on the market. However, it is true that we may face big dump if they really sell the big numbers of Bitcoin to the market. The price can drop again below $60k, it happened when the German government sold their Bitcoin. But I think the price won't drop to $50k.

[Crypto Library]

We don't know what the reason is. They can move the Bitcoin for selling the Bitcoin. They also can move the Bitcoin to safer wallets. Or they can move the Bitcoin because they want to see the response of the market. There are many possibilities of the reasons, moving it doesn't always to sell on the market. However, it is true that we may face big dump if they really sell the big numbers of Bitcoin to the market. The price can drop again below $60k, it happened when the German government sold their Bitcoin. But I think the price won't drop to $50k.

I don't think so that they move their bitcoin for more safe wallets because all they transaction are to the centralized exchanger like the coinbase, kraken and bitstamp maybe there will be more but I don't know about that. And when a country move their holding bitcoin on the centralized exchanger then it will be 100% confirmed that they willing to sell their holding bitcoin we have also seen the same case like USA government do with their confiscated Bitcoins. And as we all see the market affected when they sell their bitcoin and dump so.

[sampoerna]

That's true that the news about selling is not confirmed but what's the point in moving them if they are not selling them? They are going to sell if not then why do they move it? retail investors will face problems when the US sells Silk Road BTC but according to my last posts, I still think that hodlers are not going to exit BTC trading and exit the market due to this news. We just need good buyers who can buy all these 2 billion worth of BTC. Two billion is an enormous amount of money but after seeing the recovery from Germany dump and MT Gox Dump. I think BTC can bear this selling too.

More and more issues coming.
This is a fairly strong issue, yes. And again, this will become one of the market triggers to drop again. Just relax, and cheers, because it will definitely only be momentary like yesterday's issue. The point is whatever it is, it could be part of their strategy or manipulation to make the market down again. Then later it will be blown again for several positive issues to increase the price. Pump and dump is common.

The news spreaidn is about:

Reports U.S. Bitcoin Transfer to 2 Wallets, Transfer Fuels Custody vs. Sale Theories

And this is not only related to crypto, but also the political issues in the country, so the game is everywhere. There are even some sources that say that there will be another dump manipulation of crypto later before the president is officially elected. Well, of course this will always go smoothly like this, so we as small investors just enjoy the process.

https://news.bitcoin.com/us-authorities-split-2-billion-in-bitcoin-into-2-wallets-igniting-custody-and-sale-speculation/

[Faisal2202]

Since they are second or third number in terms of operating nodes as you mentioned that then I don't think they have sold such a large amount of bitcoin without any planning. Bitcoin is an asset and assets are used by people when needed but I will not disagree with you that it is foolish to miss out on bitcoin holding.

You are right, there is always some plan behind government moves, the statements I made in my posts published on this thread are because these 50k (around 50k) were totally free for Germany as they did not earned it, they seized it. That's why I thought there is no point in selling them all. But yeah if they have some plan for it then let's wait and see what would be that.

And if this German government has sold bitcoins without any strategy or planning, then they will really regret it in the long-run. Maybe they have an internal planing otherwise why market manipulation?

I don't think they tried to manipulate the market, although it's exactly what happened but what they can do about it, whenever there is a huge selling market will react and the price will decrease and vice versa. Well, as the meme shared by Hamza also shows the same thoughts that they might regret one day that they sold that much BTC. But for me, 1 BTC is a lot and we are talking about 50k BTC. Maybe for them (the Germany) 1 BTC is not a lot of BTC as well 50k BTC too.

[armanda90]

We don't know what the reason is. They can move the Bitcoin for selling the Bitcoin. They also can move the Bitcoin to safer wallets. Or they can move the Bitcoin because they want to see the response of the market. There are many possibilities of the reasons, moving it doesn't always to sell on the market. However, it is true that we may face big dump if they really sell the big numbers of Bitcoin to the market. The price can drop again below $60k, it happened when the German government sold their Bitcoin. But I think the price won't drop to $50k.

I think have whales ideas behind any government moving their bitcoin fund or transfer it to other wallet, most of them take opportunity buy bitcoin with lower price after moving or bitcoin transfer activities to other make many people got panic for selling their bitcoin. '
Moment government bitcoin assets moving to other wallet has potential increasing several percent although in next few days later price going up again, but seems easily how to make many people got panic when the activities of bitcoin government transfer easily bitcoin get dump although its happening several time.

[ZAINmalik75]

We don't know what the reason is. They can move the Bitcoin for selling the Bitcoin. They also can move the Bitcoin to safer wallets. Or they can move the Bitcoin because they want to see the response of the market. There are many possibilities of the reasons, moving it doesn't always to sell on the market. However, it is true that we may face big dump if they really sell the big numbers of Bitcoin to the market. The price can drop again below $60k, it happened when the German government sold their Bitcoin. But I think the price won't drop to $50k.

I agree with your statement that BTC Won't drop below $50k because it did not drop below $50k when Germany sold their 50k BTC then it is not possible for BTC to drop below $50k if Silk Road sells its 30k BTC. The difference in amount is big so the dump difference will also be big too. I agree with your opinion of possibilities because there can be any possibility like they are testing something out or they found that wallet exposed to attacks etc.

We can't know the real possibility but the recent selling of Germany was done in the same way. There are endless possibilities to this move but a suitable one for this is selling.

[KryptoBull]

I agree with your statement that BTC Won't drop below $50k because it did not drop below $50k when Germany sold their 50k BTC then it is not possible for BTC to drop below $50k if Silk Road sells its 30k BTC. The difference in amount is big so the dump difference will also be big too. I agree with your opinion of possibilities because there can be any possibility like they are testing something out or they found that wallet exposed to attacks etc.

We can't know the real possibility but the recent selling of Germany was done in the same way. There are endless possibilities to this move but a suitable one for this is selling.

It's very difficult for us to conclude definitively on the reasons for the decline, as this depends on each individual's beliefs. Currently, BTC price has dropped to 52K USD and there's a lot of negative news in the market: Mt.Gox is returning BTC, the US government is moving BTC, the FED might lower interest rates in September. It's hard to assess the impact of each event on BTC price and the crypto market.

What I hope is that the fear in the market will soon end as people remember our position in the uptrend. By then, we can get used to the fact that governments are moving BTC, or that governments will switch to holding BTC for national budgets in the long term.

[|MINER|]

Since they are second or third number in terms of operating nodes as you mentioned that then I don't think they have sold such a large amount of bitcoin without any planning. Bitcoin is an asset and assets are used by people when needed but I will not disagree with you that it is foolish to miss out on bitcoin holding.

You are right, there is always some plan behind government moves, the statements I made in my posts published on this thread are because these 50k (around 50k) were totally free for Germany as they did not earned it, they seized it. That's why I thought there is no point in selling them all. But yeah if they have some plan for it then let's wait and see what would be that.

And if this German government has sold bitcoins without any strategy or planning, then they will really regret it in the long-run. Maybe they have an internal planing otherwise why market manipulation?

I don't think they tried to manipulate the market, although it's exactly what happened but what they can do about it, whenever there is a huge selling market will react and the price will decrease and vice versa. Well, as the meme shared by Hamza also shows the same thoughts that they might regret one day that they sold that much BTC. But for me, 1 BTC is a lot and we are talking about 50k BTC. Maybe for them (the Germany) 1 BTC is not a lot of BTC as well 50k BTC too.

Regret like Lazlo Heinz ? Who brought two pizza via 10k bitcoin  .  But lazlo express in media he didn't regret 
Actually there will be always regrets to all those peoples who have sell their bitcoin or will sell their bitcoin if they think about the future and how will be the price of bitcoin on future. I believe in the future bitcoin will cross 1million dollar and that time we all regret why we sell our bitcoin in this time.
But one think of mine is if bitcoin were only held for holding if no one exchanged to each other as a currency then it might be lose it's price and place. Peoples and institutions are selling bitcoin and that is why bitcoin is the digital gold of market. 

[KryptoBull]

Regret like Lazlo Heinz ? Who brought two pizza via 10k bitcoin  .  But lazlo express in media he didn't regret 
Actually there will be always regrets to all those peoples who have sell their bitcoin or will sell their bitcoin if they think about the future and how will be the price of bitcoin on future. I believe in the future bitcoin will cross 1million dollar and that time we all regret why we sell our bitcoin in this time.
But one think of mine is if bitcoin were only held for holding if no one exchanged to each other as a currency then it might be lose it's price and place. Peoples and institutions are selling bitcoin and that is why bitcoin is the digital gold of market. 

Many investors once regretted selling BTC, believing it was just a scam or would soon collapse and disappear, and they deserve to feel that regret. Conversely, I believe that many people sold BTC to take profits and help support their families, and they have no reason to regret or feel remorse. After all, BTC is just an investment, we invest to make profits and improve our living conditions, not just to stare at numbers on screen.

In the case of the German government: they may regret not having quickly researched crypto and having rejected the opportunity to make huge profits from 50K BTC and being more proactive in their national economic development strategy in the age of BTC/Crypto. They still have a chance to change everything because it is not too late to change the legal framework and start accumulating BTC for the national reserve budget.

[|MINER|]

Many investors once regretted selling BTC, believing it was just a scam or would soon collapse and disappear, and they deserve to feel that regret. Conversely, I believe that many people sold BTC to take profits and help support their families, and they have no reason to regret or feel remorse. After all, BTC is just an investment, we invest to make profits and improve our living conditions, not just to stare at numbers on screen.

In the case of the German government: they may regret not having quickly researched crypto and having rejected the opportunity to make huge profits from 50K BTC and being more proactive in their national economic development strategy in the age of BTC/Crypto. They still have a chance to change everything because it is not too late to change the legal framework and start accumulating BTC for the national reserve budget.

It's because of the Some stupid public who are sitting on a good position in our society. Those stupid are spreading the FUD(Fear, uncertainty, and doubt). And because of these stupid people, many people in the society consider this Crypto currency or Bitcoin as Scam and among them there are many people who sell their holding Bitcoin despite the loss when they get a little negative news. I think people who spread FUD and people who fall into the trap of this FUD are both equally fooolish.

[KryptoBull]

It's because of the Some stupid public who are sitting on a good position in our society. Those stupid are spreading the FUD(Fear, uncertainty, and doubt). And because of these stupid people, many people in the society consider this Crypto currency or Bitcoin as Scam and among them there are many people who sell their holding Bitcoin despite the loss when they get a little negative news. I think people who spread FUD and people who fall into the trap of this FUD are both equally fooolish.

Actually, I'm not too concerned about evaluating other people's investment decisions. Both profits and losses will be theirs to bear. In fact, it's their failures and losses that help the market operate according to its own rules and create the uptrend we're waiting for.

Those who create FUD might also be very clever. They could be whales trying to manipulate the market to buy more tokens at low price. I'm still holding BTC and not falling into their trap. I'll leave the opportunity to sell in panic to the weak hands.

[KryptoBull]

Anyway, that event is already over and we don't care about it anymore. The German government has missed a great opportunity to show support for BTC and crypto. They have adhered to rigid and outdated regulations instead of quickly researching and reserving BTC for their budget. I'm waiting for a change in their perspective. If they become more positive and optimistic, we may soon see buying pressure from them at higher price levels, which would have a more positive impact on the entire crypto market during uptrend 

[Faisal2202]

Regret like Lazlo Heinz ? Who brought two pizza via 10k bitcoin  .  But lazlo express in media he didn't regret 
Actually there will be always regrets to all those peoples who have sell their bitcoin or will sell their bitcoin if they think about the future and how will be the price of bitcoin on future. I believe in the future bitcoin will cross 1million dollar and that time we all regret why we sell our bitcoin in this time.
But one think of mine is if bitcoin were only held for holding if no one exchanged to each other as a currency then it might be lose it's price and place. Peoples and institutions are selling bitcoin and that is why bitcoin is the digital gold of market. 

You are right they might say like laszlo that they don't regret their selling but inner them will be regretting the choice they made but laszlo was a individual and if he would have kept the funds then he would be the one making money but here in terms of Germany there is not a single individual making money but the funds will go into national reserves.

Well that's another thing and I think its best to leave them for now on their situation.

Speaking of no selling and no buying, that is a scenario I think will never come because people can't resist selling in dump how will they not sell it when they are making good profits in uptrend.

[kulkhan]

I don't know why German government selling Bitcoin. I think it is great mistake for German government. They will cry for it today or tomorrow, I strongly believe it. As German government selling Bitcoin so Bitcoin price will decrease, but it will happen for short time i think.

We know some days ago Bitcoin halving happened. I think within short time we will see It's impact one market. And then Bitcoin price will increase there has no any doubt. so I am not worried about German government selling Bitcoin.

[|MINER|]

You are right they might say like laszlo that they don't regret their selling but inner them will be regretting the choice they made but laszlo was a individual and if he would have kept the funds then he would be the one making money but here in terms of Germany there is not a single individual making money but the funds will go into national reserves.

Well that's another thing and I think its best to leave them for now on their situation.

Speaking of no selling and no buying, that is a scenario I think will never come because people can't resist selling in dump how will they not sell it when they are making good profits in uptrend.

I also want to mean the same thing on the above post of mine. Because we have already saw that many time the Lazlo said to press that he doesn't feel regret but we all know that as a human beings all people will have inner regretting.
And I think German government will have the same kind of regret in the future not may be not because maybe they use the fund right now on making some good infrastructure on their country or any kind of development ?