Bitcoin Forum

I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges.  I needed your opinion.

Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot

All sell during xmas. Maybe go up hard again after 10th jan, fk know but i'm expecting a bigger drop then the current 16.9k

Most people are now busy preparing for Christmas. Buying gifts, attending parties, etc. I myself did a lot of profit taking to be able to celebrate the holidays in style. Would love to give bitcoins as a gift.

It's true that some people will sell bitcoins or at least some satoshies to have some extra money for the holidays. But I don't think that would be such big amount to influence the demand and supply ratio and the price in some significant way. So, I don't expect some huge price drop and disturbance on the market, usual volatility and nothing to panic for.
Regarding the gifts, some bitcoins as a gift would make me very happy too.  ;D

I can't speak on behalf of anyone in this forum since we are an international community here and each of us has a different set of national and even more local cultures and traditions. But as for me and my culture, during Christmas time to be exact, I think the Christmas season has an effect to Bitcoin. Christmas is a season of abundance. Huge bonuses here and 13th month pay, annual earnings, and all other benefits are usually given during this season. This is a season of much money. Therefore buying will surge to a very high level during this time. That could include Bitcoin-buying of course.

actually holidays or christmas does not affect the price of bitcoin. it's just that when holidays and christmas arrive, usually people will need a lot of money and one of them they will sell some of their bitcoin assets.
so clearly, when a lot of people are selling bitcoins, then the price will come down too low.

It is great if I get something from bitcoin for Christmas like a gift from bitcoin or I get the big profits from bitcoin. Maybe this Christmas would be a memorable day for me.

The drop happening now is all about the whales. They will buy back and soon the price of btc will be back to 20k usd. Maybe it affects for those who have celebration. I'm not an expert, this is my own opinion as per my observation.

Bitcoin recent prices surges are so quick and high, Some people taking out the profit from it is definitely expected and also the Christmas and a new year are very close in this day so I expect people are cashing out their Bitcoin for their holiday.

I think that holidays or christmas does not affect the price of bitcoin. Currently, BCH has been bump, so many people sell BTC to buy BCH, BTC drops. I believe BTC will rise again soon. It will reach 20k.

I think it will take 1million of 1bitcoin on the coming Christmas because the price of bitcoin is too big now and it's also a lot of money to use it for the coming Christmas, hopefully the price is higher for Christmas bitcoin money is earned by its hold but for now it's a bitcoin for bitcoin and many users will be here to earn more money in bitcoin.

I hope this Christmas there is a special gift from bitcoin which I will receive from my work.

I'm not a bitcoin expert but my hum opinion is that regular  holders who may need some cash for holdays  are willing to cashout some. meaning the price to become less valuable.

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In general, let me just say that current events affect bitcoin price. Events affect the market, as well as how people buy, hold, and sell. For Christmas, I think that this is the season of lots of get-together and gift giving, in addition to vacations and many more. This means that people would need to spend money, and thus they sold their bitcoin for cash.

i do not expect anything on christmas ..... do not expect Santa to come and give gifts ...... i just think if bitcoin is hanging in a christmas tree, what's the guess going?

Bitcoin is used by some people to get an alternative income or to have more money. People are preparing and using their money for the celebration of Christmas. If Christmas affects bitcoin, I don't think so because Christmas just affects those people who uses bitcoin not bitcoin itself. People might sell their bitcoins so they can have more money for the preparation of Christmas. Once people started to sell bitcoin, bitcoin might decrease its price because as many people are selling bitcoin than buying it, bitcoin's price will decrease. Christmas affect people who use bitcoin which affect bitcoin but Christmas does not affect bitcoin directly. I think it is also the same to other holidays.

I think christmas and holidays are very influential on bitcoin prices. because at that time those who celebrate Christmas will focus more on their religious activities. so bitcoin trading activity will be sluggish. that's how I think.

The season of Christmas is too minor as a factor to affect the price of Bitcoin negatively. Buying gifts for family and/or sending bitcoin as gift to a loved one will not make any change as the money still remains within the Bitcoin ecosystem.

Global events like Christmas / New Year / Easter will have an influence on Bitcoin price because in those times, the transactions are more frequent due to the need of liquidity, affecting to some degree the bitcoin Price. 

As far as I know there is no correlation between Christmas holiday and bitcoin.

I have seen last year that the price of bitcoin rose to all time high during the holidays and no cash out happened. I think the dumping in recent days is purely manipulation from whales. Look at how bitcoin cash is being pumped right now. Some may have sell their bitcoins and shift it to bitcoin cash. But when bitcoin cash is dump, they will all go back to bitcoin again. So its better to hold and not sell. Actually its good to enter the market today, good buying point.

Any place where people store value like bitcoin is likely to be affected by holidays like Christmas as the price is also linked to people buying bitcoin and other crypto currencies we will see a slowdown to people buying. We may also see people selling to release equity to fund their holiday shopping.

Maybe there is a small part that BTC drop is cause by coming holidays since most people are selling part of their bitcoins so they can use the converted fiat in their holiday expenses, almost all of us spend double or triple of our regular expenses during festive holidays but there should another reason more than the holiday and yet I', also curious what it is, if is what they so called correction or other thing more,

Well i think it does not affect bitcoin at all but since it is a holiday and many people needs money. so, most likely there are a lot of people who sells their bitcoin for a money. since there are high sales of bitcoin many money they will get and it will affect the bitcoin exchange. it might go up or down depends on it but its not the holiday since it is the people who needs a lot of money for that day.

Seriously? 1million what? 1m USD? The highest price that bitcoin hit is $20k so where did you get that 1million?
We all want bitcoin to surge its price but let's just be realistic and wake up from dreaming and just enjoy what can bitcoin has to offer.

Its not true. I think that christmas or any holidays cannot affect the price of bitcoin. Bitcoin affect the price when there was something happen in the industry or economy. But it is normal if you are beginner its ok to got panic but if you have long time in bitcoin it is normal to the bitcoin because it is ubstable and fluctuating it don't have original price.but as i suggest to you please don't get panic in this season because it is normal only.and atill it has a high price

in previous years, christmas/holidays did affect the price.

but still, i find it unreal to hear "people are selling btc to buy presents and that's why the prices are dropping."
with these prices, gifts can't make a dent in the price - unless this year, people are buying themselves and their families 10k gifts each.. ;D 

jeez, imagine the sizes of those c.trees to hold all those presents.. 8)

I think vacation or christmas does not affect the bitcoin price. But when the holidays or Christmas come, usually everyone needs a lot of money and one of them they will sell some of their bitcoin assets. Therefore the bitcoin price decreases because the people sell bitcoin

I don't believe Christmas cause the price of bitcoin to rise in anyway. This is because this period is the period where many people are to sell bitcoin to spend during the celebration. Therefore there would be more seller and few buyer as a result the price should be lower.

It is very possible that Christmas can affect Bitcoin in one way or the other.Christmas is a festive season where many engage in selling their bitcoin for the purpose of buying  gifts and for celebration. Some even give Bitcoin as a gift. After all this by January 2018 Bitcoin will continue to rise again.

Every year once after Christmas or during the days close to Christmas good increase in price takes place. This time too I expect the price to reach a bigger value than that of the current price. As the upcoming year is completely predicted to be an year for altcoins, expect mutual growth.

In fact I don't believe in a big change in price. People will be out of pc and traveling with family. So, once the volume will be low, I don't expect big changes in price

The price of Bitcoin is decreasing because a lot of people are selling bitcoin to get fiat for celebrating Christmas. Price depends on supply and demand also. Now supply is more than demand. But don't be panic. Hope price​ will be increasing again.

what you do is amazing you give a bitcoin gift to someone on Christmas Day. how many bitcoinkah you will reward right? If at natal the price of bitcoin decreases, I think it's a good chance to buy it and give a gift to someone. and it may not have anything to do with the day natal.karena bitcoin is not stable the price is definitely just a coincidence in the day natal.

I think any holidays doesn't affect the bitcoin itself but the people who uses bitcoin because people are getting busy to buy things and be with their family enjoying and having fun with their love ones they tend to forget to use bitcoin for awhile sometimes we tend to forget to be with our families busy doing or using bitcoin but then Christmas is for our family that's why many people didn't uses bitcoin when Christmas holiday comes.

Maybe christmas or incoming holidays really affects bitcoin price, but this is temporary only, it will pass and will go back to normal days again. I just can't get why btc price falls down again, is there a price manipulations again?

I do not think that holidays can affect volotility. There should not be any huge drop in prices and riots on the market.

Actually, all the currencies in the world are affected by events, so it is normal for Bitcoin exchange rates to fluctuate during Christmas. As Bitcoin's exchange rates are on the rise, I believe that Christmas will exceed $ 200,000 a Bitcoin. It is easy to understand that when Christmas arrives, increased shopping demand will lead to a price impact on Bitcoin, which may increase or decrease prices, but according to experience, Bitcoin will increase strongly at the end of 2017.  ;)

Don't know for now but lets see. I think they call it the holiday economics, the money circulate a lot because people tend to do more work and the productivity rate becomes high due to these seasons. I don't know what will happen to the price if people will convert their bitcoins to fiat and cash out for gifts or if they buy bitcoins from their Christmas bonuses. Lets see the effect until the first month of 2018

Of course, christmas will affect the bitcoin price.
people will be busy preparing for Christmas parties and Christmas gifts for their families.
and for that preparation, they will definitely sell some of their bitcoin for Christmas.

I see from my point of view that Betcoin may increase by at least a percentage of 20% within 20 days from now
as the New Year approaches.
I think it will help to raise the price of digital currencies Consequently,
 all currencies will be affected in this period

Maybe people will sell during Christmas because they want to feast or something. But the price will return eventually after that.

maybe its affects bitcoin in some ways, maybe it will affect the price if the christmas coming, maybe because all people sell their assets such us in cryptocurrencies, maybe they sell their coin to buy a gift for their friends or family,i think the price during christmas will going down :o :o

This is normal. Instead of buying, people spend it. I bought a lot myself this month. It can be a good time to buy and invest.

Many are now busy buying gifts for loved ones and attending Christmas parties. And as a person keeps trying to earn more bitcoin to accommodate special requests from loved ones, it makes them trying hard to earn more bitcoin in a short period of time which also makes the increase on bitcoin' s price. 

In my opinion Christmas or any holidays does not affect bitcoin pricing its just that normal activity of bitcoin such as fluctuations happens during this time but regardless of any occasion bitcoin will pump or dump depending on its flow in the market I think this drop is only a preparation for the next pump and highest value for bitcoin in its records. So don't worry and relax bitcoin will not going to die

Ha ha.Bitcoin is independent of all the mentioned factors.Since bitcoin price is not able to controlled by government, private sectors.Did you think this holidays and all affect the bitcoin. Not at all.Bitcoin is the decentralized digital currency, this is the reason for the price raise often. When the price of bitcoin is dump means, inverse your money.If it's pump means, sell your holding bitcoin.

Many people are cashing out the profits of some months ago. As they are selling, the price plunged a little bit. After january 10th, i think it will go up again

according to me what i think is that during the Christmas holidays people will have to do shopping and buy many gifts for the loved ones so there will be a drop but i assure you this drop will not be very high and the drop will recover very fast. because many investors are already ready to buy bitcoins  during the christmas dump.. so according to me there will be chance to buy the bitcoins cheap in the holidays  ;) dont miss the opportunity who are real investors  ::)

The price of bitcoin started get down because lot of people selling bitcoin to get money for celebrating Christmas. Bitcoin price also depend on supply and demand. Now supply is more than demand. But be patient, bitcoin price will started increasing again.

maybe everyone will sell bitcoin to enliven Christmas and new year, i'm looking forward to temporary bitcoin reduction, hoping to get a bitcoin gift for Christmas this time. ;D ;D ;D

As most people will have to sell bitcoins to have money for the holiday, it will affect the price of bitcoin though it may insignificant as to cause a crash in the price of bitcoin,  but definitely it will affect the price of bitcoin.
Hopefully, by the middle of January, the price of bitcoin would have come  back to normalcy.

Finding the best gift this Christmas is essentail. Cryptocurrencies are generally useful regardless of age, gender, relationship status and living situation. Your loved ones are free to use their new coins however they wish: spend, save or give them further!

yes, because christmas only once a year, and people definitely want to give an attractive gift to their dear ones ..
and BTC became one of the most special gifts on Christmas Day

I think it effect to bitcoin in 2 ways: negative and positive.
- People need money to buy stuffs so they gonna sell Bitcoin and make the price down
- Or else, people use Bitcoin as the payment so they gonna buy more bitcoins and it makes the price up.

Yes bitcoin we can give as gift for the person we love. Christmas is only once a year we celebrate so we have lots of parties to attend sometimes christmas day we celebrates a family reunion. We can give bitcoin our present gift to.our love ones.

think of the following: Have you seen any exchange suspend your activities during the Christmas period? I still have not seen this happen, have you ever seen any rendered service provider with bitcoin not operating during the Christmas period? I still have not seen it... so people are still doing trade normally and it seems to me that the price is still the same in this period. this year because of the hard forks scheduled for this month and the future was a very agitated December month. but last year if i i remember correctly, the price was stable, it was like a normal day... I may be wrong.

During holidays, bitcoiners sell their bitcoins for the purpose of buying gift or for other expenses for the holidays. Since they sell their bitcoins, its supply increases thus resulting to decrease on bitcoins' price. Then when there's an increase in demand, then increase in price will be the result..

Hi,

I don't think that Christmas or holiday affect bitcoin moves, but I guess that the period of the year does. Every year, we can observe chaotic moves in December (generally increase in prices) and then a "stabilization" (bitcoin is still volatile, but a bit less let's say) in January.

There also tend to be chaotic moves in summer. I guess that it correspounds to periods at which people are making a point. What they have won, what they have lost. And depending on the result, they invest or they sell.

Makes sense, right?

I am no expert, just want to share my personal opinion ;D
Just like in weekend, people are taking profit, perhaps the same rule applies to bitcoin in this christmas in particular
We need more money to spend on Christmas compared to any other month, that's why people are cashing out for it

Does anyone have any opinion which price will Bitcoin end up till 31/12? I mean it is clear that it is going down, but till which price? 

I imagine that many have cash out or pay in bitcoin to buy Christmas presents which increases the number of transactions

yes indeed the price is currently low but you will see an increase that will happen again that you will get then you do not get too panicked with what you hold, if you want to enjoy christmas day you can sell when price is high to prepare for your christmas day together your loved ones family

yeah holiday season could e a reason for lowering down bitcoin these days as people tend to convert them to money and buy goods for the festive season.ut overall that couldn't e a huge issue as well.

I think you can argue there would be some things one way or another with people buying bitcoin as gifts for others or buying bitcoin themselves with their gifted money vs people selling bitcoin to buy gifts, but I think in the overall neither will make any real difference to the price.

Bitcoin as a christmas gifts will be predictable things for every parson i think. In this digital world everyone want to be a milionaire.So in this christmas everyone wish a gift of BTC from another parson.thank you.

I don't think that the Holiday Season have anything to do with btc's sudden decline. If you are following any news, it is believed that the news regarding BCH in Coinbase and GDAX have something to do with the recent decline. Although there are some people who are selling btc this time of the year for buying some gifts to their loved ones or to reward themselves, I don't think it's that much to cause the dip. And besides we've all been waiting for the corrections and this might just be it. Remember that everytime btc hits an ath, corrections is expected to follow.

Christmas and BTC I think both are linked but not concentrated, because in christmas there are many needs to be spent eg buy gifts. So from that many people who sell their bitcoin for christmas needs and if many who sell bitcoin not deny the price of bitcoin down.

I think that before the holidays the price of bitcoin will decrease slightly or stay at this mark, because all people will start buying gifts. I also got enough profit and want to buy gifts for my family.

I think people will be seating at home in the cold desert so they will try to earn more bitcoin in the period of Christmas. There could be flood of investment into bitcoin as there won't be anything much to do at home but watch the money grow this Christmas. This Christmas is really special as bitcoin is getting all spiked in the veins of every human and everyone loves it now. So could be positive for bitcoin to grow its market reach.

Indeed people will sell lots of bitcoin before Christmas and I think the effect can be seen on today's market if you ask me. Only five days left for the main day and that's why everyone is trying to get the bitcoin converted into fiat currency as it will take time for the fiat to get credited into banks. Isn't that's correct?  Yes why would it not be ;-) The prices are too high and they all are in profit so everyone obviously will sell it to enjoy the golden Christmas they might have ever enjoyed. :-)

Well on top of this, note for those people who ain't selling or who doesn't want to get into trouble you can start buying more bitcoin as after the Christmas is over people will be buying the bitcoin again to fill up the wallet and this will help us gain profits! So enjoy everyone.

We all know that on Christmas season everyone is traditionally spending a lot of money to celebrate Christmas buying good foods, new dress etc. And For me an income coming to your bitcoin account could be a good gift and a big help to your additional expenses.

Christmas holiday effects bitcoins value in market. On this Christmas people's do trading, investment and also do shopping with bitcoin.
Many people's prefer buy gifts for their loved ones using bitcoin. Best to use profit gained through bitcoin investment on Christmas is I like very much.

There are multiple scenarios that could apply here but the season does affect the price of Bitcoin. Many people might use their BTC holding in buying foods and drinks for celebrating Christmas. So this may result is the decline of bitcoin's price. However people are also entitled to have Christmas bonus from their employer so people have some money to spare and they could buy some BTCs and may result on price increase.

Sir, please do guide me how to get profit by bitcoins

A few days all the markets are very moving. I guess about Christmas :)

I think yes Christmas effects the bitcoin because earlier people were holding their coins and that leads to high demand but low supply. But now people are selling their bitcoins in exchange of money so to celebrate Christmas, which now leads to less demand and excess in supply which leads in the fall in the price of bitcoin.

Why would it affect bitcoin? Maybe a lot of people are going to sell some bitcoins but it wont affect the market, and if some people sell, they will just sell $100 or $300 worth of bitcoin to buy some stuff,  but they would not withdraw all their money just to buy "gifts".. came on..

I don't think it is related to the holiday this year. The pattern seems to show correlation with etherium, LTC and BCC rising each time BTC drops.

At least I know what I'm going to do! I am going to invest more into it and will be earning more bitcoin at home! I think me and my wife are going to have fun earning together with hot coffee mug beside us! Thats going to be Christmas with full of golden bitcoin pots! The gift of Santa awaits us and we are excited for it.

According to this math most of us are going to spend time earning more bitcoin than ever. We can expect the hikes in prices during the Christmas.!

The actual decline is quite normal no ? after all this rise !
However I think that with christmas the bitcoin will have difficult to exceed 20 000 €. People now, think to their family, the gifts that they must buy, the food, the celebrations etc.
The cryptoworld is very psychological since behind you have people. I think, after february, people will be ready for a new  bullish rally for the year 2018.

Bitcoins as a gift for the Christmas, sounds like a great idea, we should make a BitcoinTalk Santa :)

If you do not take into account the manipulation of the market, bitcoin will fall in price as will all alternative coins. Roughly speaking, everyone wants to celebrate the new year somewhere not at home, and everyone wants to buy normal gifts to relatives. Hence the natural fall of the course.
We expect that at the beginning of the new year there will be a sharp jump up.

bitcoiners need cash for Xmas, so we see the dump

I was just thinking about this :)

Is it possible that ppl sell btc to buy x-mass gifts?

Sounds crazy to me, but, who am I to tell..

Not much difference will happen during trading, although a little less activity. I for one will be working on Christmas and will enjoy every aspect of making more money. Więcej kasy zawsze pomoga hehe

from what i see, the answer is Yes. because even in the weekend bitcoin price dropped a little. some of my trader friend said because some people sell their bitcoin for the weekend, or or during certain celebrations

I think what happens is that the volume goes down significantly, because people are usually around their families celebrating and not on their pcs/phones watching charts nonstop.

Bitcoin price is decreasing and this has nothing to do with Christmas. Investors and traders are only interested in making money, no matter what time of the year. The recent price drop is a normal correction after the spectacular price increase.

I think if this was some years back where most of the btc investors are small time regular guys like most of us then yes Christmas or any other holiday would affect the price. now I think that it's a big boys game, and honestly I don't think that holidays will be more than a small dent in the price charts.

I discount the possible effect of the holidays, even Christmas, on Bitcoin markets and believe that this current correction is just an example of market manipulation.

Bitmain is still selling for only BCH, Coinbase added BCH without much in the way of an announcement, and Christmas might just be a smokescreen as if no one was going to notice and chalk it up to "holidays".  That might even be too simple and the twists in the market are more complicated than that.

Eastern schools of thought seem to lend themselves more to planning generations ahead, where western countries are more "in the moment", and not saying one is better than the other, just that perhaps the entire crypto market should be looked at within the worldview of people who hold a majority / partial monopoly.

That is one thing that i have been observed for when there is some of holidays the price goes down the one reason that i have seen for is of course they are selling it cause they needed some money this is the one thing that are real happen.

It will be nice to have a surprise from Bitcoin on Christmas, why not?

I still cannot testify it to myself because i don't have enough bitcoins to sell.But i really believe during these special occassions Christmas and New Year people want to have more money to buy gifts for everyone so maybe  they may sell part of their bitcoins to have abundant money instantly.

I do believe that it has a connection with the dump. People at this season are in need of money which probably triggers them to sell their Bitcoin. It also makes the transactions high which affects the demand from the market, the opposite way. The demand is becoming low and same thing happens with its value since both are proportional with each other.

From what i have read and what i have observed over the couple of year of using bitcoin, is each december the price of the bitcoin starts going down, and this continues through the begineing of a new year, but after it it just goes to climbing back again, in my opinion i think this is due to the fact that most of the bitcoin users hold thier coins through out the year and wait until its over so they can cash it out, and this creates a massive dump that effects the price, but there is no worries because the price will soon go back again.

Most people are now busy preparing for Christmas. Purchase gifts, and attend parties. You yourself do a lot of profit taking by selling some bitcoin to celebrate the holiday with style.or give bitcoin as a gift.

i dont think any holiday will affect bitcoin this way its all abt selling and buying maybe many people are selling to profit with this extreme rise i think this wave will pass and bitcoin will rise again

On holidays like christmas most people will sell their assets (Bitcoin) to add to their christmas and holiday needs. As it is known that the more people who sell Bitcoin then it will affect the decline in Bitcoin prices. I think that's it.

My friend has a theory that over Thanksgiving people told their families all about BTC and helped them buy some, which is why we saw that huge bump in the value around that time. I don't see any reason why a similar thing can't happen over Christmas, except that Christmas is more of a global holiday than Thanksgiving.

I hope there will be a surprising news on Christmas day and the gift that gives a bitcoin most beautiful throughout the year 2017 before entering the new year 2018 by giving an unforgettable memories. I'm sure bitcoin will always increase with the the most high-value prices this year $20000 hopefully this will accompany a beautiful Christmas day for all.

That's the theory, but the fact bitcoin price still increasing by the end if the year, despite the fact that many people sell bitcoin for Christmas party, buy gifts, foods, etc. What makes the price declining? Simply because the network can't afford current transactions, too much unconfirmed transactions and ridiculous high fee to be paid, the mempool just stuck at this point. And there are some options to invest or use it to move the funds without having a problem such as in bitcoin, there are bcash, eth, dash, and litecoin as better coins, just to allocate the funds before getting back to bitcoin again. Don't worry, it just the time matter until bitcoin rise again.

I think yes, bitcoin price affects the approching Christmas season since everyone are greatly needed some cash so they need to cash out their btc so that they can have some money for any Christmas expense.

It could be that people break the piggy bank to buy gifts for others or themselves, but given that most people are in it in the hopes that it keeps going up, it might be too many.

Well christmas is just around the corner so somw people will sell their bitcoin to get money and celebrate christmas in style some traders are just taking advantage in all of these price surge to sell their cheap bought bitcoins into a higher price. But i think the amount of people selling they're bitcoin's in holidays would not affect the market that much so price would not drop much it will only be the usual volatility.

I think the reason behind the price drop today is not because of the holiday season but because of the mass panic surrounding BCH and ETH since their price today is shooting up fast. The Christmas season does nothing to help decrease the price of each bitcoin because price point suggests that many investors would let go of their bitcoins not a cheaper price, but on a higher price point since a lot of people have a lot of moneu of Christmas, thus allowing them to invest their moneu on the hyped bitcoins.

Bitcoin value are affected by the demand of the people and yes, Christmas does affect bitcoin demand. It would be that bitcoin users are selling their bitcoin in order to buy some Christmas present or use it to celebrate.

roger verr and his team are trying to find opportunities from the end of the year and especially christmas to manipulate the price, the general holders will greet with panic because they want to sell their bitcoin for holiday needs, besides the traders are also trapped in the hype that requires quick profit using bch interconnected globally.

yes maybe people will sell their bitcoins for christmast because they havev to withdraw it to "real money" for some christmast gift :3

first of all it is pretty normal for bitcoin to drop or pump because of volatility and other factors like demand and supply. holidays like christmas doesnt really have a direct effect to bitcoin. however events like this can drive the demand of bitcon to decrease because people would likely sell off their coins because they need money to prepare for this special day but of course not all people will do it because there were still die hard hodlers that will still prefer to hold their coins rather than spending it.

I think Christmas season has a little effect on bitcoin price since many people now need money so they sell some of their bitcoin to earn their profit resulting to increasing number of supplies of bitcoin thus the bitcoin price is decreasing. Just my opinion.

naturally bitcoin going to high but sometimes bitcoin drops but it's for short time. many issue have to drops bitcoin,holidays or xmas is a one of them.
everyone wants to gift in this period that's why they are withdraw bitcoin.
so I think this period is buy time for every bitcoin lovers.

I congratulate christmas, hopefully this Christmas day bitcoin will continue to be more glorious for the future.

I do not have an experienced yet if christmas season affects price of bitcoin. I had joined in this bitcointalk last November 27, 2017 only. But i'm also hoping that they give incentives or just to make the value of bitcoin higher in christmas and new year.

Yes naybe some of the people sell it. But many people right now are busy finding what they must give to their special someone or family. I guess bitcoin is the best gift that we must give to them. Bitcoin will help them on saving that they can withdraw it to be a real money that they are going to use to prepare foods on celebrating christmas. For them to enjoy it.

It is very normal to see the waves showing up again and again when the BTC cap growing.

Many people will be possibly sell their bitcoins in this season because there are many items that can be bought in low price but there are also people who wanted to buy bitcoins in order to gain a profit after this season.

It's obvious, Christmas i a very big occasion to celebrate once in a year. People need money to enjoy the Christmas party and to buy gifts. Thee will be some impact for few days, might be till new year. After that, it will go up as there is lot of demand for bitcoin.

Its the case with most Markets, people sell their holding before holidays. But, for cryptocurrency it could be different as its a world currency. I would suggest to go through charts for bitcoin over the years and try figure.

This christmas is very special on this regards as BTC has its highest historical price, with the price it reached I was expecting to see a more hectic behavior though.

There are some effect because traders usually take profits on December. This is normal in the stock market and I guess its the same here in crypto. Do not worry I am sure in the long run Bitcoin price will still rise.

The demand of bitcoin got higher during thus season that makes the price to dump because people want to celebrate their Christmas glamorously. Even me want that. I want to make it different from the past year.

Since christmas is fast approaching almost everyone of us were so much busy on preparing in this very momentous occasion and as far as everyone is concern i can sense that most holders exchange their bitcoins into fiat to use it as a christmas presents to their loveones in this matter i think this really contributes to bitcoins price to fall to almost $3k+..but this is being expected by holders of bitcoin correction always happen and we shall expect to decrease more when more holders dump their coins as new year will come.

However there is no connection of Christmas and BTC. But luckly BTC is on the moon at the time of Christmas.

every people busy for Christmas and New Year so BTC price will go up faster after New Year Eve

I'm hoping to increase the value of Bitcoin for me to have a good profit in this coming Christmas. I'm gonna buy a presents for my family, friends and for my some relatives. At of the moment, the value of Bitcoin is decreasing, hope it gets high soon.

I think Bitcoin will go up around Christmas. People will want a break from family and they will not have any work to do for their jobs. Also, in the US, Thanksgiving was a big boost in Bitcoin buying. I think family will teach each other how to buy Bitcoin.

I think the holiday bitcoin does not affect the people, it's a person who uses bitcoin on a holiday day.

That's right it was lucky for us when the bitcoin has going to increase the value, and a time for coming Christmas.
So we have to opportunity to doing trade and get some bitcoin.

I think holidays doesn't affect on bitcoin. Some people sell their bitcoin because they need money. Specially this coming Christmas many of us will buy gifts for our family and friends.

I think a lot of bitcoiners out there cashed out a portion of their holdings because of christmas season. Thus supplies flows in and causes for the prices of bitcoin to fall slightly.

this year I think, it is important, to BTC as a gift for christmas presents to their loved ones, and there is no need to exchange for Fiat)).

I think it's not likely to affect the bitcoin of this Christmas because it's progress is smooth and steady. It's a lot of help it and one that I do not want to be Christmas anymore to give my loved ones gifts.

No. No holidays that the hall world agreed to stop each individual personal transaction. And bitcoin is personal.

I think christmas has a slight decrease in the impact, because why, at Christmas time, the christmas need the money to celebrate so they take their bitcoin money, the effect is that if all pull together to celebrate, the increase in demand increases.

I don't really think that events affects bitcoin's price. Bitcoin's price depends o  the supply and demand here in the internet industry in terms of bitcoin, and the usage of bitcoin by the users; on how they frequently they use it. The people who use bitcoin increases as the year ends and I think by year 2018 more people will use it. So clearly, events like Christmas won't affect bitcoin's price.

No. Christmas or any holidays does notnany affect on the proce of bitcoin because they do not have any relationship to each other. I think there are only a little problem in bitcoin that is why its price becomes to decrease. Hoping that its price will recover or will increase.

I agree about it because it is definitely true. Christmas season has become a good season for bitcoin because more people are earning and buying them. I think it has an effect because it is a season that many people get their bonuses and earn their money which includes buying of bitcoin. Especially this christmas season because of the high value of bitcoin, people will keep buying and earning it.

I think it will only affect a little, usually in Christmas people get bonus, so it can be used to invest in Bitcoin and logically people will sell the coin to buy the presents, but if there are already a lot of shop accepting Bitcoin then it sure will increase the Bitcoin value, because when Christmas people like to give present for other people

I think people refrain from trading or performing task that is related to crptocurrency or even their own work during holidays. The holiday is intended to harness and express the fruit of the labor one have done in the whole year, thus giving more time to self, family, friends, and other. Holiday is also the time of spending so, I think more people will cash out some of their bitcoin to spend in this once in a year event.

I think Christmas had affected the price of bitcoin in the market. People received bonuses and they have used it to invest in bitcoin.

Christmas is the most awaited Holiday of the year. It is also the time where people spend too much money for the season. This is because most people prioritize to buy gifts or tokens to their love ones instead of buying bitcoins. Some people also sell their bitcoin while others convert their bitcoin into flat so they have money to use for the Christmas. The abovementioned reasons affect the market of bitcoin this coming Christmas so, we all noticed that bitcoin price lay low in going up. But, I believe that after this Holiday, people will go back and invest in bitcoin again.

I hope that as the Christmas end, Bitcoin price will not be affected. I heard bitcoin will correct its price in the market.

I'm really not sure if christmas affects directly to its price decrease but somehow the logic of the circumstance where in many people are selling their bitcoins to exchange to physical has something to do with the supply and demand. However, bitcoin price is volatile so anytime of the year we really can expect a sudden change in its price but we will look forward for increase rather than decrease.

Definitely it would affects if people invest on it,the value would flactuates maybe its increasing or decreasing.But in bitcoin there is no holidays as long it was continues and added by investors.Its progress was continues growth and it does not affect by any holidays.

It wont affect the price, and if it does, the price can not drop because no one is going to sell millions or billions of dollars in order to buy gifts, it makes no sense at all.
In what the fuck were you thinking about when you started this thread?

That's an interesting point, that people have other purchase obligations around the time of Christmas, thus potentially limiting their ability to invest in BTC. If we see a dip over Xmas, that might be the reason.

Holidays doesnt have any connection with bitcoin price change, miners and traders are almost online 24/7 or and some traders have bots in case they are offline, keep in mind that price change are made by traders supply and demand and not with the holidays.

I think this season affect the price of bitcoin because many item in many malls is sale, thats why they sell thier bitcoins i think after this season bitcoin price rise high.

i not really sure too but since 2014 that i trade in some markets, there are certain dates that market volume be really low and bitcoin price decreased, there are weekend, chinese new year, christmas and other holiday. that is why i made that conclusion

do you need take the BTC to by gift? a bit of effect.Let we wait for the coming Christmas and examine the market.
Keep quietly heart and merry christmas

With the transaction fees right now? I don't think it is feasible to buy a $10 gift and paying a $4 or more transactions fee. Plus the factor that the price is still going. I don't think it will be a wise decision.

bitcoin is normal to become dropping low in a year the dropping price of bitcoin happen to 10 times or higher because we know that the bitcoin is really unsteady its change the value because it only dpends on the industry how good it works.but don't become worry because it is a good sign that the bitcoin dropping low because after that there's an rapidly rising up the price of bitcoin. any holidays cannot affect about the price of bitcoin they don't care about the holidays or what

Maybe because some are converting their bitcoin to cash to spend money for christmas that would be possible. It is also because it is cryptocurrency so it is volatile so the price may go down and up but I don't think it will go down really to the bottom, only a little and it will comeback to biggest increase again.

Christmas or any other holidays may affect the price of Bitcoin. During big occasions like Christmas, people sell their Bitcoin to buy presents. As the number of people selling Bitcoin increases, the price of Bitcoin decreases. Why is that? It happens because there will be a competition in the market. Sellers will sell their Bitcoin at lower price to sell it immediately.

I am thought in christmas a lot of Bit coins will sell in people. So price of BTC will drop. Some people plan to give BTC as a gift their family members and lovers. So BTC market capital will increase near few days.

Yes its Christmas with bitcoin, although i have no bonus but earn with bitcoin. Thanks to bitcoin it gives me additional income for this chritmas.

I think people shopping at Christmas will have some impact on the price of BTC, but this is not the main impact. B There are many reasons that influence the price of BTC, such as the policies of various countries, the popularity of BTC, the news, people's confidence in BTC and so on.

I think bitcoin price will decrease before Christmas. Then 20 days will be very volatile. And after January 15  there will be a steady growth again.

Maybe there is a slight chance that Christmas affect Bitcoin but very slight only that is when Bitcoin user decided to sell some of their Bitcoin to buy Christmas gift and prepare for the celebration. I mentioned that it only affects slight because not all user or not all people celebrate Christmas. If the amount of Bitcoin converted to cash is low it really doesn't affect much in the Bitcoin market.

Bitcoin really going higher and higher this xmas period. I will love to get a Bitcoin hamper as a gift.

The coming Christmas will not affect the price of bitcoin. People don't need to spend too much money on Christmas gifts. They know that the price of bitcoin is so high. Maybe people who have bitcoins sell only a little bit for Christmas. According to the trend, bitcoin will usher in a new round of rise after Christmas.

Christmas and btc has a good connection, The value is keep on increasing this month because more and more demand is coming from the investors and a lot of people is also selling their coins that's why the value of bitcoins is keep on increasing.

I also agree that on holidays bikoin won't change...people will be busy with other things)

What a question Jesus Crist...  :D No xmas will have no affect on BTC.

Pre-Christmas sales are a "normality", they often happen also in the stock exchange (the effects are lighter). Something we have already seen, with bitcoin going from 19.5k to the current 16.5/17k. I expect to see a further decline these days, also because many people will take the profits from the hype of altcoin.

Well in my understanding christmas and btc will be affect with the value or the year, as we observe the value is pumping and dumping but think clearly it pumps bigger than dump so the value will more pump in christmas up to new year, I maybe don't  know what the curse to make the value pumping but for me it pumps if many people trust this one and use as daily and also for the other group of campaign which has fully success their project so that in affect with bitcoin it will boom.

I think christmas and new year affects the fall in bitcoin prices. the reason is that bitcoin prices depend on market demand, when it comes to Christmas and New Year's celebrations, people need cash to spend on Christmas gifts and gifts. So, they sell some of their bitcoin for Christmas and New Year's Eve.

Events can affect bitcoin's value most especially worldwide events like Christmas. People (investors and holders) are using their bitcoins for the holiday's celebration and even before Christmas eve, some bitcoins are spent already for Christmas presents, food, wines and spirits, parties and even  gift (bitcoin as gift literally) so you can expect a dip of bitcoin's value.

I think bitcoin's value will rise again after Christmas. :)

I absolutely agree that, most of the people become busy and its of christmas holiday. Most of the people are busy in preparing in christmas gift. In addition to that, I really love to get bitcoin as a christmas gift and I wish I could get bitcoin in christmas because it is one of my wishes.

Today, the sale of bitcoin will increase as many people will want to sell bitcoin to buy gifts for Christmas and New Year. And because bitcoin again grows in price.

Well, Christmas is time for giving and many people will sell their bitcoins in order to buy some gifts, this might influence the value to a certain extent. But i'm not sure that the amount of sold assets in bitcoin will be sufficient to influence the price. So you can expect the drop in price but as it seems it's mostly due to the Bcash and not to the Christmas.

Usually bitcoin end the year with a bang.Even if others are selling bitcoin for their celebration and needs i don't think it would affect much because demand is still higher the expected seller. There are new investors who are always willing to catch your bitcoin if you sell it. History will just repeat itself. Maybe there would be a deep on first quarter next  year but it will be temporary.

maybe on christmas is a day that hard to withdraw bitcoins.. cause, they do withdraw for their christmas events too many pending withdrawal coming..so if ur going to withdraw some bitcoins for ur christmas withdraw it right now..

I think it affects that people would spend their bits to buy for a gift or their claiming the investments they had. Decreasing of demand also affects the bitcoin and the large number of seller would. I think it is a perfect time to buy bitcoins because of low pricing. Like in reality the law of supply and demand affects when christmas is near.

I think this is the right time, Christmas is the time to give and many people will sell their Bitcoin to buy some presents to celebrate Christmas together

If Bitcoin does not start to grow again there is a chance that it drop towards 10k. In the long run its still good to hold. Its true potential is yet to be revealed.

I think they are going to make it low in Christmas because it's selling time. Yes! Because Christmas is a season of sharing thats why there are many investors who will going to sell. There is always effects when it's season.

The impact of Christmas and holiday on the special currency market is very small. I think this Christmas will stabilize at the present price. After Christmas, bitcoin will continue its strong trend.

Miracles are flowing on Christmas Eve and you can see for yourself https://btctosanta.com

the increase or decrease in bitcoin prices depends on how many investors sell their bitcoins. seeing christmas is a very special day then investors will sell bitcoin to give christmas presents to his family. but after christmas bitcoin will rise again.

Why would they sell? They should give bitcoin as a gift during Christmas instead of spending it on useless crap.

For Christmas celebrations some people may be selling parts of bitcoin in case they need extra money for celebrations and are unable to meet these expenditure from their other regular sources.  On the other hand some people may be buying it specially during this period.  People engaged in this profession or investors may be lucky as they may be gifted with few gift coins as Christmas gifts.  But there should not be much effect of Christmas on the prices of bitcoin because people do not sell their investments in large amounts for such petty issues.  Many people waiting eagerly for bitcoin as Christmas gift.

I don't think Christmas affects the value of bitcoin. This could be for some reasons like those who manipulate it turns out to be busy as well. Same goes to the users of it got some holiday things and preparations to do. Afterall, systems won't work without its peopleware. Its all up to the people behind it and people after it.

I think, Christmas or not, every step we make in bitcoin will somehow affect the price. Many are now probably making their own steps to buy the gifts they will be sending to their loved ones and one way to buy as many gifts as you can, they will tend to sell their bitcoins for cash. Some may have received bonuses and their 13th month pay or probably also received cash gifts from others, they will probably also buy some bitcoins.

I don't think so. The holiday season, heck even a plain day, doesn't quite affect the entirety of the price movement of bitcoins. This is because a lot of people would be thinking of even buying more btcs and hodling. The christmas season is but a small movement, or even close to a negligible movement.

I agree with you since not all have the same move this holiday season. Some may sell parts of their bitcoins to add their budget for gifts. Some may also buy from the bonuses, 13th month pay and from the cash gifts they also received. It may affect but it will not be felt that much.

I am very glad that before the christmas come,the bitcoin is still in its peak that bitcoin users are selling and buying bitcoin for their future.  And I think Christmas, New Year, Holidays etc cant affect the price of bitcoin.

In my opinion, it really is the reason why the market value of Bitcoin at this moment is falling. Chances are high that it is because of the increase on the level of transactions of people who are selling their Bitcoin which makes the demand low. We should not worry about it and we just need to patiently wait until its market value again, increase.

I don't know how widespread this will be this year, but I can imagine, as Christmas gifts for your children, grandchildren,  and nephews/nieces, that one bitcoin (or even a fraction of one) would (if held), pay for a car as well as college, with any luck, when they get older.

actually holidays or Christmas does not affect the price of bitcoin in the past few days, especially now that it's coming to be Christmas and new year that we notice that the price of bitcoin drops at almost 16,000 USD per 1 bitcoin but in the past few days almost 20,000 USD per 1 bitcoin so my friend advice does not mean trading or other about bitcoin for the time being.

At the end of the day because now I have a lot of money and I've had a lot of money in bitcoin because since january I hold my money here in bitcoin and now I have money to use my family for money and I can help we need to come to the christmas but i think it's just a bitcoin start and they just buy and hold it so goodluck and hopefully next year also make you like me.

There is a possibility that the holidays affect the price of bitcoin, it happened on the day before the thanksgiving as well. Probably, some of the big investors are taking a grand vacation elsewhere so it's possible that they have cashed out for their expenses, and we may see a bloodbath because of massive selling and FUDs all over, therefore, panic selling occurs. For me, this is called a Holiday Sale of BTC and alts, so, I will grab the opportunity to accumulate more.

you can give me an Xmas gift...ummm, let's say ... a Bitcoin  ;D ;D ;D BTCBTCBTC

I think christmas affects bitcoin because some of investors become busy and have an another buying. So bitcoin will not be the priority but let us expect after christmas the bitcoin value will become higher again

The day traders will exit the markets for the holidays. The independent traders will continue to do what they do.

Maybe yes. A part of it maybe affecting the rise of the price of Bitcoin since many people are now busy preparing and focusing their mindset into the upcoming event and also they are busy travelling in out of town vacations so many consumers and even the potential investors are out to rise up the demand making the price a little bit low while Christmas holiday is approaching. But maybe after the event, the price will soon to go back in normal.

I don't think holidays changes much for bitcoin because exchanges are open 24/7 regardless of the holiday and bitcoin is so widely adopted across different countries, continents and cultures that any individual holiday wouldn't have much of an effect.

I think many people could sell bitcoin for christmas gift and the price down, this could be a good moment for invest because after the holidays the price will grow again

Yes it is, I'm no expert though but I think every events and holidays affects bitcoin's market just as any other market charts too since people tend to be more generous in spending and more in need of money in these certain occasions more people will most likely sell their bitcoins thus affecting the market.

Some may use bitcoin to buy gifts, order foods online so it may affect the price of bitcoin

Christmas is for sure one of the many factors that affect bitcoin's price. It's for the fact that people during this time of year will surely sell some of their bitcoins for cash. Cash that they will use for food, decoration, gifts, and etc. Demand of bitcoin during this season is low therefore it's only natural that its price will go down. But once Christmas and New year are over expect it to rise. If you like to invest in bitcoin. New year is the best time to buy it.

Happy Christmas day and it is nice indeed on Christmas day!!

Trading activity will be slower over the holidays and traders can a break. The price movements are not necessarily inked to that. The recent dive is due to profit taking. Nothing goes up in a straight line.

The bitcoin price is currently under 15.000$, but I'm too long here to get nervous and think of selling them. Just hold and everything will be fine!

Sure a lot people need money for this special days but small amount of bitcoin will be enough to cover their needs. I guess the price won't down too deep because of these events.

A lot of coins have exited the market because people are purchasing coins for gifts and they are also gifting each other with Bitcoins.

I think Christmas season got some effect now on bitcoin price because it is going down now. Bitcoiners need cash for Christmas to buy gifts, if only there are many merchants accepting bitcoins and have low fees and fast transactions there is no need to convert to local fiat just buy using bitcoins online.

Hi there DRAWDE_3691! I cannot claim my self an expert in bitcoin but I think there is a market slowdown during Christmas and even on New Years eve. People behind the trading platform, the traders themselves even thought they use bots or automated trading system, they are still human being than embrace emotion. Holidays, bring peace and joy to everyone, it gives a room for a work break and focus on the family. At the end, people wants to have huge amount of money to spent it for the betterment of their life and family.  ;)
 

As i can see it affects so much the christmas holiday to the price of bitcoin, value is going down hard and its happening right now. Some people are selling their bitcoin for fiat to prepare for the upcoming christmas and new year holiday season. I'm going to expect another big increase by next year 2018.

Bitcoin is important to me, it's great if I receive a gift from bitcoin or I have a large profit from bitcoin for Christmas. If that happens I think that Christmas will be a day I will never forget.

These continuous price drops might just be a coincidence because from my pov, any experienced investor/trader would have control over his emotions and thus will not spend just because it is Christmas.

I am not an expert on bitcoin and cryptocurrency world, I even still consider myself as a newbie. Let us approach this into something simpler and general.
Well, for starters, I guess in all event, holidays or big days, the supply and demand of a crucial things are increasing. Money, foods and drinks, presents (jewelry, toys, etc), transport system, hotel and inn, etc all are crucial things in my opinion in holidays or big days season. Bitcoin is a kind of a money. Because there is not so many vendors that accept bitcoin for daily things purchase, people sells their bitcoin into fiat currency to use their money (and price increased so high too in this near Christmas time, so maybe some people who don't celebrate Christmas just want to sell bitcoin to make some profit, so the amount of people making transaction is doubled or triplet, not to mention on how many people have bitcoin in this world and per person can make a multiple transaction) this will make a condition like now, such as :
1. A ton of transaction.
2. Higher fees transaction.
3. Price going down
4. People panic
5. Bitcoin haters appearing out of nowhere, claiming bitcoin dead, this coin better, that coin is better.
6. Some people take the FUD and do panic sells
7. The FUD-er (imo) happy people sells bitcoin, bitcoin price will go down more, and FUD-er will be buying bitcoin at low price
8. After several days, the price will be normal again, the FUD-er will sells some to gain profit.
9. Repeat to number 1 when some holidays/big days/events occur.
This is my conclusion, because I have seen this several times already. People will only focus on making profit, they don't care about others. I don't want to be like that people.

yeah because some old members said that bitcoin doesnt really decrease or dump last december. i also think that it is just a mere coincedent. however i also agree with some comments here because few people will probably cash out and sell their bitcoins to buy gifts or prepare for this holiday season and that could also lead for bitcoin to drop. i think its already happening now and we are now experiencing it. overall no matter what will happen, i strongly believe that bitcoin could still recover after this event has passed.

Looks like a very good move from whales cashing out right before xmas... lol I can't belive the money inside the crypto world is just enourmous.

Christmas has a lot of effect on BTC, its a season of gifting, shopping, partying e.t.c. people need money to take of some of these items, they would want to send money to their aged people so many want to sell bitcoin to meet this needs, this could lead to stability or drop in the growth of BTC till January. But this is the best time to buy because it might skyrocket in January 2018

I know christmas has a big effect on Advertising prices. On bitcoin, we might be reliving 2013 right now. :)

As you can see, the current Christmas has a powerful influence on how does Bitcoin? The rate of the Bitcoin is from 16000 dollars dropped to 13000 dollars in just 2 days, cause strong impact to investors around the world. But this rate of reduction waves Bitcoin only do temporarily, after Christmas I believe the rate will rise again Bitcoin strongly in the new year 2018.  ;)
 

I am really not thay expert to Bitcoins but I agree to what everyone said. People usually spend money for Christmas and New Year. It is the time of the year where everyone, or almost everyone, is very generous on giving gifts to family and friends, donating to charity, going out and spending time with family. And with that, they also need cash. And I think that drove down the Bitcoin price. People cashing out their Bitcoins so they have extra money to spend on. And with that, I predict that Bitcoin will go back up on the first quarter of 2018

Base on what's happening now, well it's a clear yes. People are taking out their bitcoins and converting it to fiat in preparation for the Christmas day and as well as the New Years Eve. I have seen there are many incidents that are affecting the price of bitcoin. News is also one factor that affects bitcoin price so holidays are also affecting bitcoin itself.

No. Season has nothing to do with btc but if a lot of people know btc maybe it has some effects. But I'm sure it's the news and not the season.

I don't know for sure. But it seems that day will affects bitcoin. Why? because it will be many people will convert it to fiat as we know holiday will make people spend more money. In other hand people who have bitcoin will change to money and then spend it, many merchants not accept bitcoin. Or maybe investor will give their employees bonus for holiday so they have to convert bitcoin to fiat. So it can be said direct or indirectly it will affects bitcoin. CMIIW :)

Christmas can affect Bitcoin. Because everyone needs money to prepare something for Christmas, and they think of Bitcoin. They may view it as a gift for Christmas. Besides, some trips or someone who has neglected Bitcoin also made the price drop

Yup i think christmas season affect bitcoin because many people sell their bitcoin to buy some stuff because its holiday sale, to gift to someone. I thinm after this season bitcoin price will go up.

i think that holidays like christmas and new year really affect on bitcoin price, cause in my opinion the people that have bitcoin will sell their bitcoin to the real money like USD cause they need money to buy accesories and gift for christmas and for new year too. but don't worry the price will go up after this holiday end.

Yes  your idea can be true, however  i think  happened something more  because I can imagine how many  bitcoins had to be sold  to make  price  lower for 7000)))

You must also understand that for those willing to cashout their bitcoin, someone somewhere is the buyer of that coin. So you wanna sell your btc for Christian and new year party, go on and by January you buy back at a higher cost. But really people need to sell more bitcoins so as to make the price dip more and alts can boom for Christmas.. So I hope and pray more people sell their btc. Price is at $13485 as I write, let it dip more to 10bulks please..

But peradventure there is any country that eventually approve bitcoin before the end of the year, you will see a radical break out in the price to around 25 bulks






[ author=Ginos link=topic=2617780.msg26648435#msg26648435 date=1513757570]

I'm not a bitcoin expert but my hum opinion is that regular  holders who may need some cash for holdays  are willing to cashout some. meaning the price to become less valuable.
[/quote]

     Yes,christmas hollidays affect the price of bitcoin because most of bitcoiners sell their bitcoin thats why the demand drop down. But it will rise again because after a back to back expenses people need to earn money again.

Most people are now busy preparing for Christmas. Buying gifts :) :)

YES! just take a look at what people are doing they are preparing for the holidays so they will need fiat or cash lets expect bitcoin to drop because a lot of people are going back to fiat and its also a good time to buy bitcoin because the market is falling so we can expect after Christmas or at the day of it not only bitcoin buy all of investment will be back on tract of its pumping because people are thinking where can they invest the money they received in the holidays

I think that BTC price will be increased significantly in the middle of January, 2017. So I will buy BTC during its dump and then sell during the next pump

I think many people have seen how well bitcoin has done and have cashed out to fiat to buy christmas presents which is a shame since they really should be spending bitcoin not cashing it out. We need the use to go up and thus the price. We dont need people cashing out for fiat. That is not the idea.

Theoretically not, because does the holiday result everyone sell bitcoins and other assets?
This is a ridiculous thing, obviously now almost all coins are experiencing the same thing, there could be a scenario behind this that we do not know.

Bitcoin went UP last Xmas. This Xmas it go down to 11,000.

The christmas not affect to bitcoin directly but people sell their bitcoin to celebrate christmas maybe affect to bitcoin price. It make the price down.

Its my first Christmas with bitcoin. Well, I guess Christmas season somehow affect bitcoin due to many expenses like gifts, foods, parties, outfits and travels. Most likely the demand will slow down and many will convert their bitcoins to their local currencies to spend for Christmas and new year. This season has seldom investors since they are allocating their money for the holidays.

I think Christmas it affects bitcoin with the price becomes low these days. The bitcoin price over dump these days possibly most converted into fiat for the preparation of this Season.

We should look for a reason of bitcoin decreasing in other topics like buy/sell ;)

Yes, it will have a significant effect. Because people will sell the bitcoin they save for their needs on Christmas and New Year's Day. But this is only a reasonable phenomenon and last year also happened the same thing. So you do not have to worry about the current phenomenon, bitcoin will return to normal price after new year.

Its definitely true that this coming Christmas holiday is a season where people are all busy in their life and they allotted their money in many expenses like of course gifts, foods, clothes and many more. And yes, this season also affects bitcoin status because of course the fiat that they intend to their investment is quite been used in this matters.

I indeed agree with this insight. Christmas is a season where people are so busy buying all things for their gifts especially to children. Also this Christmas season is a season where I guess people will choose to spend their money. And it is affects bitcoin due to this season but then we don't to worry about it because it will surely return back to its normal price a months after this season.

Yes I believe so that this season is surely affted the bitcoin due to many expenses many people are considering for this season to come. I guess its not new to all of us that this season is a season where we supposed to use our money buying gifts and many more. And as what always happening in bitcoin it will return to its natural status soon.

Yes it does affects in some ways. Christmas season is the time where we spend a lot money on different necessities. So by this, the supply of bitcoin in the market increases because there are lots of people selling their btc.  Also, the fact that bitcoin's price is falling, I'm pretty sure that there quite a few who'd be panic selling because they got carried away easily with the current movement of bitcoin.

By the time of Christmas the bitcoin price drops so fast, maybe people are selling it for christmas but I'm not sure. I'll just keep holding my bitcoin for as long as I can.

very well said; I also believe the Christmas season has some level of effect on bitcoin due to high spending rate at that time. People have receive huge bonuses from work and gifts from employers which might influence buying of bitcoins

It is possible, Christmas attracts much demand in many things and many countries. It would not be strange that people would sell BTC for buying other things on the date although I would prefer to wait.

Most people are going to spend a lot of money going into Christmas and holiday, i personally already sold my stash of bitcoin because i don't want to check the price everyday and i will resume trading later after new year. A lot of people also forecast there will be a huge correction and so do i so i already sold mine at $18k.

Yes, I totally agree with your view. I think that they wanna spend all time for their family in Christmas Eve and New year holiday. Therefore, they sell most their coins to get profit

Christmas and new year have a big effect on bitcoin prices, they sell their bitcoin as quickly as possible for their christmas and holiday needs.

Christmas and bitcoins has a chemistry, There are a lot of people today who are keep on investing because the value of bitcoins today is rising and because of that there are new people who are interested on investing and planning to earn more profit in the future.

Bitcoin is small market and any demand or supply will effect.

Christmas or any holidays effect in every things and it is normal to see many red by the end of 2017

I am not here for too long but I think Christmas really has something to do with the sudden increase on the level of
 transactions which is making the demand and market value low. But we should focus on investing and taking advantage of this situation since the market price is falling it will surely increase eventually which will give huge profit to those who will invest now.

Christmas drops are evident......well, didn't really drop like on Friday... It's pulling back up. Even if it drops I don't understand why there's a need to panic. In my opinion this is a golden opportunity to buy even more. Be grateful. If it drops then all alts drop given everyone an opportunity to buy at lower prices.

Maybe it's not because of Christmas or any holidays that bitcoins lie low or plunges somehow. We cannot foresee what happens in the stock market although many factors may affect like global crisis or the like. Moreover, it's like a game so we should play it well. Learn and earn as they say.

In my opinion yes it affect, but after Christmas everything will be normal again 😀

I really watch you people with amaze. I'm actually totally shocked with your narrow sights.

Before Friday BTC total market cap was more than 300B USD; price dropped about 40%.
And you think it's all because of christmas? By regular people who needs a few hundreds of USD, to spend for gifts, parties?

What about the non christian countries? China, Japan, most of asia is holding huge amount of bitcoin and they don't have xmas celebration nor holiday...
Or let me ask you this: will btc drop 40% because of Chinese New year holiday? According to your theory it should drop even bigger...

The drop we witnessed was a f*ck of big guys who just joined with their multi billion usd funds, CBOE, CMO and other individual investors. Look at btc price after they joined: volatile as never been seen.

It seems that bitcoin for holidays will be low. And since February will begin to grow.

Everyone has his own thoughts about bitcoin and other crypto. I think that the fall in bitcoin is due to low investment sometime, but if we see overall the price of bitcoin it is growing on daily basis. Some time it drops but soon it reaches more than the previous one.

If you have bitcoin at Christmas party and also have a lot of bitcoins then your happiness will be double. ETH, LTC and others are rising very slowly.

We dont really know since the major cause of the bitcoin to move its price its because of its costumers or users.Bitcoin can really increase anytime if the user of it is rising.

I think it will take 1million of 1bitcoin on the coming Christmas because the price of bitcoin is too big now and it's also a lot of money to use it for the coming Christmas, hopefully the price is higher for Christmas bitcoin money is earned by its hold but for now it's a bitcoin for bitcoin and many users will be here to earn more money in bitcoin.

O think the holidays affected the bitcoin price because a lot of people are selling because they need the money for holiday while there are only few people buying. It affected the price so much that other trader prefeerred to hold their coins and sell next year when price recovers.

Even regular bank accounts and ATM's are affected this holiday season. One of the biggest time of the year and it is the end of the year where almost everybody want to buy new things. It's not BTC that plunges, the whole crypto community is down last week, its a simple reminder that instead working your ass off working in crypto why don't you call this a days and then go back to work after new year. It's a very too breath out for a while, and rest while the market is red. ;)

the number of traders who sell their Bitcoin for holiday supplies makes the price of Bitcoin slump. but this Christmas does not affect the decline in Bitcoin prices. Bitcoin prices are still stable.

For those who want to give something special, please write a list of the most irresistible reasons to gift cryptocurrency to their loved ones!

Do you remember what you received for Christmas last year? Probably not. The quest to find the right Christmas is a daunting task for most people. That's why we thought to shake things up and about you computing reasons to put crypto under the tree. 🎄
1. Do not be boring
We all hope to find a gift that is useful, not too expensive and surprising. Yet we usually end up on the safe and boring side: socks, cooking book, Netflix subscription. Where did the fun go?
Now imagine yourself as the cool uncle / sister / friend who puts Bitcoin or Bitcoin Cash under the tree! Instantly everyone will think of you as the next, Steve Jobs visionary.
2. Cryptocurrency is universal
The main challenge of finding the perfect gift is that people are picky and have specific taste and interests. Cryptocurrencies are common useful regardless of age, gender, relationship status and living situation. Your loved ones are free to use their new coins however they wish: spend, save or give them further!
3. It is not expensive
Many people who hear in the news that Bitcoin is valued over 15 000 dollars, many assume that they can not afford cryptocurrencies. However, when you come to these coins, usually you do not have buy a whole unit, you can buy any amount. Purchasing and giving is even simpler when you choose a cryptocurrency that has low transaction fees. Also, remember: you can always sell or buy more if you are not happy with the amount you own.
4. A gift that keeps on giving
What happens when you buy a TV? Its value depreciates over time. How about a fancy bag for your mom? Once she starts wearing it, the material loses from it's original beauty. Cryptocurrencies work differently. Imagine, if you had given Bitcoin for last Christmas, your family / friend would now have a gift that grew 10-15x in value! (Just keep in mind, it's impossible to predict how the price will change in the future.)
5. No wrapping required
Giving cryptocurrencies is simple. All you need is to have a wallet for the currency of your choice e.g. BTC.com wallet for Bitcoin & Bitcoin Cash. Once both you and the giftee have a wallet set up, simply transfer the preferred amount to his / her address. This is also an excellent opportunity to show and explain how cryptocurrencies work. Of course, you can also opt for a more "physical gift" such as handing the funds sealed in a paper or hardware wallet.

Christmas and New Year holidays uniquely affect the price of bitcoin in the direction of its decline. However, to date, the real problem for bitcoin and those holding it, have the disadvantages of bitcoin, which have grown so much that they make its normal use impossible. Bitcoin transactions hang for hours, not days. Commissions for transactions have grown to unprecedented levels. Already often, small payments disappear because they are being consumed by commission charges. It is these circumstances that are now causing the drop in the cost of bitcoin, since people are switching to the use of other coins. Demand for bitcoin drops sharply.

I wasn't celebrated  Christmas because the price of bitcoin keeps dumping and i think bitcoin can make us great  and will give us what we want specially this  Christmas season. it's okay we will have  another Christmas season next year, just buy and hold!

Even though I insist that it's though to the high fees and the South Korean threat of banning,  I think that Christmas option might be very true, most of the investors have cashed out some of their bitcoins for the Christmas season,  I even had to cash some of my bitcoins because of Christmas so am sure that maybe the reason why value is currently down after the New Year is over it will come back to normal I reckon.

Yes it affcted because people sold bitcoins for the fiat money just to give valuable gifts to the loved ones.

My personal belif is christmas perios is the period where people buy gifts for their loved ones. Thus, they sell bitcoins to cash out. And the effect is negative this year.

I think majorities of people sell there bitcoins for celebrating christmas.That is what my husband did last christmas,he spend his bitcoin for christmas .Even thought ,he know how much long to get bitcoin again .He indeed targeting for celebrating christmas loudly with family.

This is just only an opinion for me. This past weeks, the price of bitcoin suddenly goes down and at the 12-13$k mark at this moment. Maybe because many bitcoin holders sold some of their bitcoin in order to spent for the holiday season. For me, this is the reason why bitcoin's price goes down. I expect too that the price of bitcoin will start to goes up again in the next year.

Last year, it was different. Bitcoin reached new high prices and it keeps on pumping unlike this year that keeps on increasing then stop and start falling quickly. I think bitcoin is not affected by the Christmas Holiday, expect for the people who maybe, sold bitcoin for money to be used in Christmas and also the New Year Celebration.

What are you talking about? Bitcoin almost had the same movement as last year. The last weeknof 2016 saw a decline in price under 1k usd and its understandable because christmas is a spending season. People won't be thinking about savings and investments until after christmas

On the eve of Christmas, money is withdrawn from the market to the real sector. This year, several exchanges have closed the register. This all served as a push to reduce the cost of bitcoin. In January, everything will recover.

Yes christmas and other holidays affect bitcoins price because on holidays its natural that we need skme money to spend.

Does Christmas or any holidays affects in all bitcoin and real markets. recovery start after 25 Dec and keep rising till 2-3 Jan from 1986.
Christmas is best time to start trading because all sell

Christmas or any holidays will affects bitcoin. In these days people need money so they sell large amounts of bitcoin, the prices will go down.

People hold their coins for future purpose, and  they believe now its time to use them. They start selling during before the event. If people continuously selling their btc it will decrease to 10k before new year. Selling bitcoin is helping to decreasing demand and increasing there supply which caused price decreased.
 

Usually cryptos would loose before the big days, like celebrations or national holidays or christmas etc.. I always exchange my cryptos with the tether (USDT) one or two days before the big days and after one or two days i am exchancing them again.. I usually make some profit with this way and i would recommend you to do the same..

One side can also influence Christmas on the price of Bitcoin. There is also another side,
For example the world glabal economic crisis is deteriorating, and also investors.
all that can pass and quickly recovering about the price of Bitcoin all hoping for the best for Bitcoin and also the cryptocurrency that had been dreamed of all this time.

in my opinion at Christmas there will be an increasingly severe decline because there will certainly be many people who sell their assets for Christmas needs, and to this day the market conditions are still worsening especially later at Christmas.

For me, holidays didn't affect bitcoin value or market. In my opinion, it still depends on a user of bitcoins on how they will use it and how many time did they sell or buy it how many users are still using bitcoin until now. It always depends on us that the market will depend on.

Last year there was some fall in BTC prices before Christmas. This was because people were cashing out their BTC or taking out their profits, may be to enjoy their Christmas holidays.

Yes, it really affects the bitcoin. If you will think of it in Christmas, there's a gift, the food, and other expenses that is why we need a money in Christmas that means that there will be a lot of people that will trade their coin here. For a smart strategy ofcourse they will lower the price of the bitcoin and I am hoping that the price will rise up again after christmas.

   We may have some degree on the activity of the bitcoin users during the Holiday season or it is the consumer's behavior towards such event when people tend to make a lot of Purchase or maybe use their Bitcoin for buying Gifts and other Utilities only on the country which has the open trading market using crypto. But, on the side of Market as a whole i see no relevant except on the on the trading market, if we look back on the market preview last 2017, it was at the same period when crypto market start to drop, we don't know really what to become towards the of this year, we can only hope against hope that the market will be more stable and favorable to all the crypto investors.

Hey last year bitcoins started booming cause the bitcoins futures were coming, also Fomo played a major role in the prices rising upwards. I don't think we'll see a major price hike this Christmas, at the very best we may just see prices back to 6k levels. The only way we could have seen a pump had Bakkt been launched, but even that has been delayed now early or mid 2019 we'll see the price hike happening.

Sometimes Christmas and other events can affect btc price in the market because some peoples need to sell their coins in order to buy present or other needs in some particular events. Look at this year, even Christmas not yet begin, the btc and other coins price has crashed in the market.

Christmas should be a blessing and grace for those of us who embrace spiritual religion and hope that the bitcoin business will benefit in their fields, especially we can pray stable prices at the time of December.

Like many has mentioned here, mostly people aell their coins during christmas because they need the actual money to buy gifts and stuffs for christmas
 However though, last 2016 was different(or 2017 maybe) where the price almost touch 2k$
But yeah, that was then..

I hope Christmas and Bitcoin will be given luck at the end of the month so that I can sell and at the beginning of the year I can reprocess my bitcoin my opinion like that

Christmas is a period that majority of the people all over the world reserve for shopping, family holiday and merry making. As a result people are expected to spend money much more during Christmas period. As a result of this, they tend to sell their bitcoin in order to actualize Christmas dreams.

Yes, just take as an example what happened on late 2017.

The price touched $20,000 before the 20th of december on 2017, and then it started to drop day by day.

If i am not wrong, it touched less than $15,000 before the 24th of december

Lol you will give bitcoin as a gift?do you really want us to believe this stupidity?You cant even buy a chocolate for a gift and now telling us giving gift bitcoin
You ate right that people are busy this holiday but they are not selling bitcoin,instead they are using fiat like me,I rather stock m bitcoin that to use it as a gift

I think like that. Near the end of the year, most people need fiat money. So that many people sell crypton assets, to meet the needs of the end of the year. And finally, it increasingly makes the price of bitcoin fall sharply

It can be a very expensive gift. I will be never surprised if I learn that some wealthy guy (let us say, a celebrity) gives Bitcoin for Christmas for somebody, but we are simple fellows here and we choose some other presents.

Correct bitcoin profit is big help for us,  it help us to support our needs specially when it comes Christmas time, this season are most expensive cause everyone spending lot's of money, to buy gifts for someone, buy a foods and etc. Bitcoin profit is big help for our expenses to celebrate Christmas.

It could be so. People need fiat money on Christmas and the New Year should sell their crypto coins to buy gifts for friends and relatives. Selling too quickly at a time makes "supply over demand" a downward market that is a reasonable explanation for this time.

Holidays like also what happen in Black friday (sale also in crypto) many have cashed out for those sales in the real world so its quite normal to see down turn before events like this. So expect that days before xmas it could be.

I think Holiday season such as Christmas has an effect to bitcoin, usually bitcoin price and market gets high on this season, coz there's this person I know who encash certain amount of money through bitcoin during this season, maybe because people, investor and among other do want to have something to give to someone and mostly people are generous.

according to my study, Christmas will not affect the price of BTC because not everyone celebrates Christmas.

Bitcoin price is not affected by the holiday. I don't know why you have that idea?

I never hear Christmas will bring good and positive news for bitcoin and altcoin could be on higher price, I have check many time of Christmas bitcoin and altcoin price still growing down and keep lower price, never hope about Christmas could make bitcoin on the higher price.

Oh yes, Accordingly old years,  Christmas  one of the causes of price drop of market .

its so clear,  people will celebrate their eve.  so that's they withdraw their money and its causes of impact get into market.       

Who doesn't need money when the holidays come out later in the year? therefore, this scenario is made which is where the price of the cryptocurrency dump is at the level of 4000 USD, and is likely to be ready to bounce up to 8000 USD, like last year 2017, all world eyes are focused on the very epic bitcoin price changes, from 5500 to 18000

Yeah most people will celebrate Christmas, but I think not because that reasons that cause the price of Bitcoin
falling down because on December 2017 we can see price Bitcoin instead is very high.

if you recall, the price of bitcoin also fell at the end of 2017, well, and maybe this is a natural thing. we know that so many people will celebrate the end of this year, and of course they need money for that. so, because of that, bitcoin prices fell at the end of this year.

affect what you mean negatively or positively ?, holiday and Christmas I think will have a negative effect because, some bitcoin holders will sell it because it requires a lot of money, it will make the price of bitcoin will decrease.

Which eyes? The crazy ones for sure haha. Because I do not know a single person who today can even dare predict Bitcoin will jump to 8000 from today to less than a month away much less 18k.

I mean come on, yes Bitcoin can dump and pump so quickly but more than 115% in less than a month? If it DOES happen it will be artificial and will cause it do dump even harder.

yes I also see lately the price of Bitcoin has fallen and turned red in a long time. so how about Christmas? I think it won't affect the market price at all because Christmas or holidays have nothing to do with the crypto world. that's just according to my thinking about Christmas on crypto.

If thing continue in this bad way we are looking at a bad cryptocurrency yuletide season. The year began not to badly but we looking at a very bad ending if nothing changes

I also notice that!! But overall BTC is not in a good place at the moment, but hopefully, it will get at least a little bit better before the holidays.

There's no connection for the celebration of Christmas and for the price of bitcoin. What affects are the people who are taking those bonuses during this holiday season.

For those who bought during last Christmas season, we are about to see if there's really a significance with Christmas and bitcoin's price since December is approaching.

For me its a Yes,because every holiday i made a withdrawal from my crypto investments and many of my friends do it also,because we want to cryptocurrency to circulate and not just stays in our portfolio,things that every cryptonians must learn because this all are currency that must be use and not an asset to he hold

there is no relationship between bitcoin and christmas bro.

Nope it does not affect Bitcoin in any way matter, but BTC's price was HUGE back when in the midst of December and January and it was indeed a jolly christmas for everyone since it looked like a christmas gift to all the sellers who will gain maximum profit out of it, but NO it does not have any relationship between Christmas.

you mean if certain holidays affect bitcoin price / cause price fluctuations?

in my opinion, yes - in certain times but not all the time. i think thanksgiving, new year's and income/real property taxation month make some holders convert some of their bitcoins to fiat / sell to pay bills or spend on gifts. most of the time, it does not have anything to do with holidays but good news/bad news in digital space, bitcoin utilization, and market demand that drive prices north or south...

but, if bitcoin santa is out there maybe we can all wish for a merry bitcoin christmas if he does his magic by giving bitcoin a price boost  ;) this christmas 2018

Christmas is a grand festival! At Christmas time people sell cryptocurrencies to buy gifts!
This will cause the price of BTC and cryptocurrency to drop!

I don't think bitcoin cares about Xmas ,we will still see dumpers and whales taking advantages of the dumpers ,price might start to make sense by January 2019 but still I'll won't except too much as bull run takes time

Yeah there are some who are encashing their bitcoin but it doesn't mean that holidays will affect the bitcoin, it will always depend on us "users" of bitcoin or other cryptocurrencies but not all of bitcoin users doing this. Some of us yes but it will not affect the bitcoin. BIG investors will affect the price of bitcoin and that is why bitcoin price falls down last year is it because who invested big amount in bitcoin and when bitcoin hits new ATH's they encash it to get their profit.

No i dont think there is a huge impact from holidays and christmas. I believe market are in the middle of correction and its happening because the BCH hard fork and hash war.

there is a very interesting theory for Christmas sale, see, regular people use whatever they have in hand to buy their investment, and in christmas they sale a part of it to get hard cash for festival, that makes a huge sale altogether.

- I do not think so, Christmas and big holidays still have a bit of impact on the bitcoin because we can see this effect very clearly on Christmas last year and celebrate the New Year, the value of bitcoin is often pumped very strongly before these holidays come. The cause for this is that everyone wants Christmas and the New Year will have good things, more money and of course, whale groups are no exception, they also want to be more profitable then comfortable in the holidays, that made them work together to push the price of bitcoin up

Christmas people are busy prepare for decorate the house, buy something, and new year, so they need a lot of money to prepare everything, thus they sell some bitcoin they hold and get more money, so the price of bitcoin reduce deeply and need more time to rise as last year.

Christmas season affects bitcoin's price because its demand. The more people can make golds and mining the bitcoins popularity and profit affects the industry. These 2018 the price of bitcoin is slows down and plactuates to its slower movement of price increas.