Christmas and Bitcoin

[n691309]

I doubt that most of the bitcoin holders will spend any satoshi for christmas, they would better spend fiat because bitcoin price is believed that will increase.

[newcoins1978]

I doubt that most of the bitcoin holders will spend any satoshi for christmas, they would better spend fiat because bitcoin price is believed that will increase.

For now I would rather hold than spend. I'm only doing bitcoin on the side, it's not my main income so it's not that big of a deal for me.
I see bitcoin as something I will be use in the future.

[n691309]

I doubt that most of the bitcoin holders will spend any satoshi for christmas, they would better spend fiat because bitcoin price is believed that will increase.

For now I would rather hold than spend. I'm only doing bitcoin on the side, it's not my main income so it's not that big of a deal for me.
I see bitcoin as something I will be use in the future.

Me too, i don't plan to spend any bitcoin for the christmas because i have a feeling that bitcoin will have a higher value next year.

[Fademigo]

Christmas has passed peacefully. There is no dramatic price action of bitcoin either. There is no effect on price by Christmas.

[amacar2]

Christmas has passed peacefully. There is no dramatic price action of bitcoin either. There is no effect on price by Christmas.

But what about the dump just after cristmas party ? I think cristmas just left after effect as dump before new year. Hope there will be no drama after and before new year.

[Fademigo]

Christmas has passed peacefully. There is no dramatic price action of bitcoin either. There is no effect on price by Christmas.

But what about the dump just after cristmas party ? I think cristmas just left after effect as dump before new year. Hope there will be no drama after and before new year.

If the price movement is less than 20%, it is the normal fluctuation of bitcoin. The market depth is too thin to think a dump is big.

[thirdprize]

Well, it is certainly down after Christmas.

[thirdprize]

So, you cannot actually buy that much in the way of christmas presents with Btc.  That means either people were buying dodgy stuff or could they possibly be sending money abroad using it?  There is usually a huge surge in most things economic during the holiday.  Just curious what is causing it with Btc.

[wikenpp]

It would be nice if you get in there as a Christmas gift. But I go them yourself or buy mining.
Then at least I know it's really me and I've done it myself.