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Author Topic: Why christmas?  (Read 1308 times)
thirdprize (OP)
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January 02, 2021, 11:38:21 AM
 #41

And again it is the run up to christmas.  You telling me it is just a coincidence?

well for USA players. Dec to Jan marks tax year .

So run up from 4k to 20 k in 2020 has happened. If you sell in Jan 2021 you dont have to file for a while say as late as oct 2022 for the year 2021.

so a december runup and a jan slump can happen due to big players.

along with the covid and the larger government  spending due to covid.

No, this was happening well before anyone ever thought you may have to pay tax on your BTC.

thirdprize (OP)
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January 02, 2021, 11:39:35 AM
 #42

The first big spike was nowhere near Christmas.

Omitting earlier spikes where it went from pennies to almost a dollar and back down to a dime, the first really big spike was in 2011 when it went from under a dollar in February to over $30 in June.

The next big spike was in early 2013 when it went from around $10 in late 2012 to $266 in early April.

Even the next big spike in late 2013 peaked in November and had dropped to less than half its value before Christmas.

Try again.

I meant the big one where it hit $1K.  Not every spike, just the big ones.

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