If you want to get rid of your bitcoins because the prices are dropping, buy products with them instead of selling it on exchange websites. The value of a bitcoin is determined by the volume traded, so when everyone tries selling at once, the price drops.

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Treat it like a currency, not a stock. If you treat it like a stock it will act exactly like a stock. At least this is my understanding.

I'm not sure if there are secure sites like Ebay strictly for bitcoins, but there needs to be.

TL;DR; from user /brezzz

You're using the super simple bitcoin wrong and affecting it's robust value negatively.

Submitted December 17, 2013 at 06:26PM by Bartholomew_White