the German government is selling the Bitcoins because they need money to fix their mistakes ....
At the moment we have the stupidest criminally corrupt government since World War II in Germany 

There are actually many organizations that hold large amounts of bitcoin and they can also sell bitcoin to the market at any time, you don't need to wait for the government to confiscate and sell. And those who feel scared every time a large amount of bitcoin is sold on the market will always have to live in fear because it is part of this market, Fud will always appear whether we are in a bear market or a bull market.

Most of us say we are long-term investors but what I see is that people are concerned about the German government or Mt.gox selling bitcoin and worse, they are panicking about it. Meanwhile, if we are truly long-term investors, we need to take advantage of this opportunity to buy rather than panic.

That fud didn't get much bigger effect since people realize that its just a small picture to get afraid off. For sure what El Salvador announced that they keep accumulating no matter what situation happen make people realize that bitcoin still doing a good thing. So now hopefully many people realize that those news about Germany actions to dump bitcoin is just been used to spread fud then scare people. So I guess what's next thing to use is that Mt Gox fud since for sure that they will take advantage about those possible refund that might happen in future then scare a lot of people that there would be a huge dump will happen especially if lots of people will get their refunds.

People need to be prepared on next possible attempt so there's no other disturbance towards their investment plans or created strategy on bitcoin.

They sold it because they had to. All that BTC was seized from criminals.

I am seeing $60,000 very soon. $3 billion worth of Bitcoin dumped to the market within a considerably short period of time and it didn't really shake the market. There was of course an expected dip but I don't think that was solely caused by the Germans. I'm sure the news of Mt. Gox refund has also contributed a lot. And then there must also be weak hands and newbies who have been carried away by the red charts and sold out of fear, anticipating a much worse correction.

The rebound is already starting.

We are all capable what to do with our own bitcoin, and that's what German government is doing right now. Their coins, their decision to sell off everything, and we don't have control on that. What we can only hold is our own coins. But nevertheless, bitcoin will always be bitcoin, it will dump but it will eventually pump again, so there's nothing to worry with it. Just buy and hold more in instances like this, but never resort to selling as you will certainly at a loss.

There's no point to send the coins to centralized exchange when they have no intention to sell, if they think centralized exchange is a safe place, they would have moved the coins to CEX before.

The actual effect from German Government to sell their coins is really small, but the effect from the medias and other people who pointing out German Government are selling their coins is really huge, because there are so many people invest in Bitcoin by relying on so called best financial advisor, best Bitcoin investor etc.

If you ask why the German government had to release this amount of Bitcoin, of course there are many answers to that because I also read news about the sale of Bitcoin being the result of a confiscation carried out by the German government itself. Apart from that, there is also other news which says that the German government is also ready to buy back Bitcoin under $60K for them to hold, although it is not stated how long they will hold it. You can read in two different articles that I will share here with you

• https://www.liputan6.com/crypto/read/5635347/
• https://www.binance.com/id/square/post/10739343273938

I don't have any data to convey and maybe the bitcoin was moved and not completely sold. Who knows? But the part that stands out the most and I love that bitcoin can't be manipulated like altcoins and that makes things even more exciting doesn't it? The level has dropped in the last few days and I don't think anything of it. But to be honest I would have liked a sharper drop to be able to take a much bigger buying opportunity.

It's just about selfishness and hope due to having spare money from previous sales. More precisely, hold on and don't think about anything when Bitcoin experiences a decline. The most important thing is not to get involved in panic because there is always a way for Bitcoin to recover.

Indeed, the data ARKM provided only tells us that they have transferred all bitcoin to exchanges. We have no evidence that the German government actually sold those bitcoins or that they just stored them on centralized exchanges. Even about Mt.gox, no one knows what's going on, have they distributed bitcoins or is everything still just a plan on paper?
These news negatively impacted the market but the market quickly absorbed the news and recovered. So it can be said that someone tried to manipulate the market but they did not succeed.

Bitcoin has dropped to 52k$ in this correction and compared to the highest ATH it has dropped more than 20%, if you haven't bought it yet, at what price will you buy bitcoin? I think $52k isn't a bad price to buy, but things have passed and if you don't buy, you're missing out.