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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: johnokeefe09 on May 26, 2018, 09:46:24 AM



Title: Why btc price go down on weekends?
Post by: johnokeefe09 on May 26, 2018, 09:46:24 AM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.


Title: Re: Why btc price go down on weekends?
Post by: tungmeoden on May 26, 2018, 09:48:37 AM
The reason why it goes down during the weekends is due to the fact that many people are free during the weekends and added on to that the traditional markets are also closed and now its time for the traders to come in to play , im pretty sure bitcoin doesnt always go down on weekends but it usually does , but sometimes it goes to the upside as well as during weekends cryptos in general see a higher vlume


Title: Re: Why btc price go down on weekends?
Post by: alian17 on May 26, 2018, 09:55:44 AM
No I disagree with you. The  cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.


Title: Re: Why btc price go down on weekends?
Post by: rlazdin0 on May 26, 2018, 09:55:58 AM
it's a general trend of marketplace it happens because we expect it to happen! :)


Title: Re: Why btc price go down on weekends?
Post by: pey on May 26, 2018, 10:20:37 AM
I don't think that always happen, it is just about the situation of the market, then vice versa, if that is a good news on the weekends the market should not rise, but that does not happen.


Title: Re: Why btc price go down on weekends?
Post by: chandrarahmadewa on May 26, 2018, 10:35:38 AM
yes, this has to do with supply and demand. When the weekend, I sell a few assets for the money cash for shopping or holiday weekend. so do not panic if price correction occurs


Title: Re: Why btc price go down on weekends?
Post by: Endikadija on May 26, 2018, 11:42:14 AM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I don't agree with you. A lot of experts are saying to do a lot of research about the recent dump. It looks like there is a possibility the market has manipulated by some parties. Even US regulators are watching it right now and the regulators have said to open the probe for the criminal manipulator of bitcoin price.


Title: Re: Why btc price go down on weekends?
Post by: miracle24 on May 26, 2018, 11:51:19 AM
Btc price goes down on weekends because traders close their trades and go on a merry mood on weekends.
Let's enjoy life, not all about btc.


Title: Re: Why btc price go down on weekends?
Post by: nitin8263 on May 26, 2018, 12:02:30 PM
BTC price is going down on weekends because many traders are not trading in weekend they are taking rest for some days so the market has gone down but we expect that BTC will grow in month of july.


Title: Re: Why btc price go down on weekends?
Post by: sunX3 on May 26, 2018, 12:06:07 PM
No I disagree with you. The  cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.

Yeah, same. I don't think there's a particular correlation with the weekend days. Just no FUD, markets correcting or something like that.


Title: Re: Why btc price go down on weekends?
Post by: chessi on May 26, 2018, 12:10:04 PM
 Maybe because people tend to cash out bitcoins in order to spend FIAT to have some pleasure on weekends?  ;)


Title: Re: Why btc price go down on weekends?
Post by: whohackedme on May 26, 2018, 01:46:21 PM
EST times

Most always go up Friday 5pm thru Sat evening

Most always goes down Saturday Midnight thru Sunday 8 am


Title: Re: Why btc price go down on weekends?
Post by: jemine on May 26, 2018, 02:37:10 PM
I think It's because during weekends people not really trade and alot of people will decided to take profit from their trade so they can enjoy their weekend.


Title: Re: Why btc price go down on weekends?
Post by: Pixmartz on May 26, 2018, 02:43:05 PM
BTC price is going down on weekends because many traders are not trading in weekend they are taking rest and market trading crypto just like forex. Because now many traders are not to use it..
Unless there is any recent info that can raise the price.


Title: Re: Why btc price go down on weekends?
Post by: pauline_78 on May 27, 2018, 11:58:47 PM
The price of bitcoin depends on demand and supply as well as different fuds. So, not specifically on weekend, it actually falls down because for some reason the demand got decrease. I hope the price will recover fully very soon.


Title: Re: Why btc price go down on weekends?
Post by: nskendrovic on May 28, 2018, 10:47:18 AM
Not a lot of people are trading on the weekends. Most people just want to relax on the weekends after a long week, so there is not much buying and selling going on really. Just a few people trade on weekends. Others can sell off some of their coins so they can have money to relax on the weekend and do other things. After that they are all back on mondays and the prices start to pick up again


Title: Re: Why btc price go down on weekends?
Post by: rabia_laskor on May 28, 2018, 11:43:12 PM
I don't think this decline is a serious one to look for a specific reason behind. This is general market phenomenon and this is natural for a volatile market that the prices will fluctuate. The price will soon bounce back. Just be patient.


Title: Re: Why btc price go down on weekends?
Post by: pehatas on May 28, 2018, 11:46:37 PM
Yes, absolutely agree with you. Most people leave for the weekend and do not spend a lot of time bargaining in the crypto currency market.


Title: Re: Why btc price go down on weekends?
Post by: batang_bitcoin on May 28, 2018, 11:54:42 PM
On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand.
You can be right on this thing.

People are mostly in vacation right now and they are spending their money to their elegant travels and trips. And as the month June is at hand, let's see and think on when it will come back to the situation where everyone is rushing to buy bitcoin.


Title: Re: Why btc price go down on weekends?
Post by: cryptodreem on May 29, 2018, 05:38:35 AM
This is a wrong concept indeed. In the crypto currency market, you cannot say anything surely as there is uncertainty in the market all the time. The cryptographic forms of money market won't decrease just for a particular date. It was on the grounds that there was no great data as of now. There is no terrible data. So the market is as yet viewing the modification time frame. The market needs to pause. Sit tight for the ascent once more.


Title: Re: Why btc price go down on weekends?
Post by: paxaway21 on May 29, 2018, 05:53:10 AM
it is normal for BTC to be inferior and not only today's weekends but the decrease is still due to the fact that there are only a few investors here


Title: Re: Why btc price go down on weekends?
Post by: BarryCrypto on May 29, 2018, 05:55:54 AM
Could it be all the daytraders exiting over the weekend?


Title: Re: Why btc price go down on weekends?
Post by: castiloros on May 29, 2018, 06:00:24 AM
It's just a coincidence only. Crypto tidal market affected by the date, time, day or whatever it is. It just happens to be the time course is indeed being down. There was even a time that all crypto always ride that weekend even though. so that statement is not entirely accurate.


Title: Re: Why btc price go down on weekends?
Post by: Ale46 on May 29, 2018, 06:02:31 AM
I do not know exactly what makes bitcoin continue to decline but I heard the news that bitcoin prices have been manipulated that keep bitcoin prices down :-*


Title: Re: Why btc price go down on weekends?
Post by: jems on May 29, 2018, 06:13:12 AM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

rising and falling prices can not be determined by a certain day, but it will have an effect on demand and supply. but currently the news circulating in the world also greatly affects bitcoin prices.


Title: Re: Why btc price go down on weekends?
Post by: mathiaslivis on May 29, 2018, 06:15:15 AM
This may be a coincidence. I don't think bitcoin always falls on weekends. The recent market has been continuing to decline, and the market has no new capital to enter, so it can only decline continuously.


Title: Re: Why btc price go down on weekends?
Post by: Moxivuki on May 29, 2018, 06:15:42 AM
It is not necessarily a weekend decline. Many reasons for the decline over the weekend may be because everyone has time to understand and analyze the market. Many people are using tokens to invest in free time. They may have more time on weekends!


Title: Re: Why btc price go down on weekends?
Post by: yazher on May 29, 2018, 06:15:57 AM
The only reason that i saw that the market is going down is so many people selling one after another when they saw the bitcoin price is going down dramatically they sold it even if they only got a few profit some people follow their footstep as can you see right now, the patience will succeed because it will go up again anytime after summer.


Title: Re: Why btc price go down on weekends?
Post by: Simayi on May 29, 2018, 06:20:15 AM
This is usually the case. People have to rest and stop trading on weekends, but I guess there may be another reason why many media are always reporting negative news on cryptocurrencies over the weekend.


Title: Re: Why btc price go down on weekends?
Post by: Babayan on May 29, 2018, 06:24:54 AM
This is usually the case. People have to rest and stop trading on weekends, but I guess there may be another reason why many media are always reporting negative news on cryptocurrencies over the weekend.
Because whales want to dump the price and buy some btc for a little price. It is their classic strategy to cause the panicsale among newcommers in crypto  :(


Title: Re: Why btc price go down on weekends?
Post by: Jiyens3 on May 29, 2018, 06:25:42 AM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I don't agree with you. A lot of experts are saying to do a lot of research about the recent dump. It looks like there is a possibility the market has manipulated by some parties. Even US regulators are watching it right now and the regulators have said to open the probe for the criminal manipulator of bitcoin price.
the declining coin shows that the coin has decreased interest. so enthusiasts who normally support Bitcoin are currently reduced and have an impact on the decline in Bitcoin from both price and development. so with this, we need to improve the development of Bitcoin and show the price to go back up and make it a reliable coin.


Title: Re: Why btc price go down on weekends?
Post by: Nemonemo on May 29, 2018, 06:26:10 AM
It's just a coincidence only. Crypto tidal market affected by the date, time, day or whatever it is. It just happens to be the time course is indeed being down. There was even a time that all crypto always ride that weekend even though. so that statement is not entirely accurate.
Yes it was just a coincidence because the ups and downs of prices can happen anytime,
so if the btc price drops during the weekend may be just a coincidence,
we hope that in the near future the btc price can rise again


Title: Re: Why btc price go down on weekends?
Post by: Olatunjex on May 29, 2018, 08:41:48 AM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

Exactly, you re very right, btc chart tend to drop virtually every weekends, except few weekends, you stated it is because people tend to relax during weekend therefore selling their btc, you are absolutely right. Also if fud is spread in a weekend it going to affect the price of btc even altcoins will be affected as that is a very usual market thing.


Title: Re: Why btc price go down on weekends?
Post by: bontkoli01 on May 29, 2018, 08:44:08 AM
i would say it is just the part of the game. this things happens in trending markets my man. so don't panic and have some faith


Title: Re: Why btc price go down on weekends?
Post by: pobeda on May 29, 2018, 09:41:19 AM
the price of BTC moves independently, depending on the plan of whales managing the market.
On the weekend of course there is not a large percentage of people draining people who just need money, but it is not significant.


Title: Re: Why btc price go down on weekends?
Post by: gokusenpai0302 on May 29, 2018, 01:52:01 PM
People tend to pull-out their investments during weekends because it's their leisure time. This is based on my experience, whereas I always encash my coins in my wallet because weekends its family day, I used to treat my family during those days like eating in the restaurant and providing their needs.


Title: Re: Why btc price go down on weekends?
Post by: St4yInTh3D4rk on May 29, 2018, 01:54:51 PM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I don't think the prices of crypto currencies fall every wekkends because most of the crypto related people are working in all days because everyone want to make money and we can still do investment of crypto currencies at the weekend time because it is just an easy task to do.


Title: Re: Why btc price go down on weekends?
Post by: herurist on May 29, 2018, 02:10:46 PM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.


I agree with you, besides that many people also hold their coins and wait until the price reach their take profit, because this activity also make the price not moving. Actually go down on weekends is unpredictable situation and about time and no one we can't predict about that. If you need money I suggest withdraw before weekend and use that time to buy back to recovery asset. Do that and create opportunity to make money.


Title: Re: Why btc price go down on weekends?
Post by: Dart18 on May 29, 2018, 02:15:36 PM
Could be the reason.
I know someone who always looks forward for a Saturday. He had a different view. He somehow sees all crypto moving upward on Saturdays so that contradicts your view.
One reason could be is just like you said, they have their time. They could be trading and the day trade affects a lot if it is in large portions.
Millions of dollars being traded can somehow make a wave to move it downward.


Title: Re: Why btc price go down on weekends?
Post by: wiro212 on May 29, 2018, 02:17:46 PM
market price down is usually caused by the info. so too when prices rise, inside crypto is hard to guess, but we can see information related to bitcoin. I'm sure the biggest effect of the price drops is because of bad information about crypto.


Title: Re: Why btc price go down on weekends?
Post by: bamb on May 29, 2018, 02:46:35 PM
It is not only weekend that bitcoin price goes down, it is traditionally believed in cryptocurrency community that monday is the 'Red Day' for cryptocurrency prices and so many people usually wait for monday in order for them to purchase cheap coin. Cryptocurrency prices always moves in a circle!


Title: Re: Why btc price go down on weekends?
Post by: tyuner4 on May 29, 2018, 02:52:00 PM
I don’t think BTC price always go down on weekends only. There are times when BTC price pumped during weekends too. IMO, the movements of BTC price is very much dependent on news and not on certain days.


Title: Re: Why btc price go down on weekends?
Post by: czhen on May 29, 2018, 03:02:02 PM
I agree with you that the price of Bitcoin is influenced by people's desire to invest.
because Bitcoin includes short-term investments.


Title: Re: Why btc price go down on weekends?
Post by: fosco333 on May 29, 2018, 03:08:09 PM
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.


Sometimes peoples sell their coins because they want to use their money for buying something.
for example they bought many amount of coins from last year, and now they want to earn their ROI because
they want to use money by selling their coins.


Title: Re: Why btc price go down on weekends?
Post by: RAinery on May 29, 2018, 03:16:03 PM
I think it does not happen continuously only on weekends only. No one can guess that bitcoin will go down or up because bitcoin is fluctuating. Maybe it's just a coincidence that on weekends you see the price goes down.


Title: Re: Why btc price go down on weekends?
Post by: MartiniBlanco on May 29, 2018, 03:30:24 PM
The bitcoin price is not going down every weekend. I remember a lot of weekends where we had a lot of fomo and all people were buying Bitcoin becaue they thought it will never come down again! :D


Title: Re: Why btc price go down on weekends?
Post by: chiko27 on May 29, 2018, 03:30:31 PM
In cryptocurrency trading when demand is down and inventory rises causing prices to fall. Many people sell coins for the necessities of life, I think the btc decline is reasonable because the cryptocurrency market is fluctuating.


Title: Re: Why btc price go down on weekends?
Post by: zlt220 on May 29, 2018, 03:35:14 PM
Well i haven't noticed that, but it could be due to non working day, everyone will be @ home and many we want to dump as much as possible to feed and to take responsibilities of many things, mostly many wants refreshments on weekends.


Title: Re: Why btc price go down on weekends?
Post by: TorbjornE on May 29, 2018, 03:39:45 PM
I looked at the bitcoine price chart and did not notice this correlation, if it was so simple, many would earn money every Monday, buying on Saturday, but this is not.


Title: Re: Why btc price go down on weekends?
Post by: feelideb on May 29, 2018, 03:43:15 PM
Bitcoin has no particular day when it rises or goes down. The dynamic of demand and supply is what is determining the bitcoin prices in the market! If you desire to buy bitcoin cheap and sell high, try and and understand the dynamics of cryptocurrency market.


Title: Re: Why btc price go down on weekends?
Post by: johncruze on May 29, 2018, 07:37:35 PM
I don’t actually agree with you. The cryptocurrency market is always fluctuating. It does not increase or decrease on any specific dates.


Title: Re: Why btc price go down on weekends?
Post by: kostya-smrnv on May 29, 2018, 07:39:44 PM
This is the most stupid assumption, but it may be because holders of bitcoin sell its assets in order to have a good weekend? :D