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Author Topic: Big Dumps on Black Friday?  (Read 4740 times)
lemipawa
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November 29, 2015, 03:53:18 PM
 #81

So far there doesn't seem to be much effect on the Bitcoin price. Here in Europe where I live, black friday is quite calm, not much action here as we are more interested in the Christmas time. That's when the people here go nuts on buying stuff.

Black Friday is more about the Thanksgiving Day is being celebrated in the US. This event is more Celebrated and observed in the US than Christmas season. Is there a Thanksgiving Day as well celebrated in Europe at same date?
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November 29, 2015, 03:57:39 PM
 #82

Black friday is long over and the bitcoin price is still stable. I don't think we will see a dump after this.
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November 29, 2015, 04:14:37 PM
 #83

Merchants dump right away, they don't wait.  Hopefully they didn't dump.  Price is up 2% from Friday.
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November 29, 2015, 06:51:02 PM
 #84

Merchants dump right away, they don't wait.  Hopefully they didn't dump.  Price is up 2% from Friday.

this does not matter much as long as there is a constant demand and the for every new buyers the demand increase by few point percentage

also no one said that the merchants will dump at market price, they can sell at a slightly higher market price to take a good profit out of it if they are intelligent enough

this in the long term will increase the value
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November 29, 2015, 07:03:23 PM
 #85

Surprise surprise, there was no big pump n sump from bitcoin black Friday.

Volume was just way too low to make a significant impact.
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November 29, 2015, 07:31:03 PM
 #86

So far there doesn't seem to be much effect on the Bitcoin price. Here in Europe where I live, black friday is quite calm, not much action here as we are more interested in the Christmas time. That's when the people here go nuts on buying stuff.

Black Friday is more about the Thanksgiving Day is being celebrated in the US. This event is more Celebrated and observed in the US than Christmas season. Is there a Thanksgiving Day as well celebrated in Europe at same date?
As far as I know, I don't think so. Black friday here in Europe is just a day for sales, they kinda copied that from the US. But there's not special holiday around this time.

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November 29, 2015, 08:00:52 PM
 #87

Merchants dump right away, they don't wait.  Hopefully they didn't dump.  Price is up 2% from Friday.
Black friday give good impact on bitcoin price and price get increase a little, i don't think trader will dump price again
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November 29, 2015, 08:10:52 PM
 #88

Big Dumps? I think that it was a little pump which is of course better that way that bitcoin was going, i see that the price has been increased and not crashed.
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November 29, 2015, 10:40:14 PM
 #89

Big Dumps? I think that it was a little pump which is of course better that way that bitcoin was going, i see that the price has been increased and not crashed.

Where are the dumps, I still haven't seen any?! Smiley Me as well, all I see is a steady rise for days now!
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November 30, 2015, 02:30:12 AM
 #90

Surprise surprise, there was no big pump n sump from bitcoin black Friday.
Volume was just way too low to make a significant impact.

May be bitcoin spent during black friday wasn't enough to cause the merchant dump to have much impact on the price.
NorrisK
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November 30, 2015, 07:55:02 AM
 #91

Surprise surprise, there was no big pump n sump from bitcoin black Friday.
Volume was just way too low to make a significant impact.

May be bitcoin spent during black friday wasn't enough to cause the merchant dump to have much impact on the price.

Ofcourse it wasn't enough. Look at the daily volumes, do you really think so many was spent shopping using bitcoins?

Speculators were very wrong this time.
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January 10, 2016, 12:09:59 PM
 #92

Surprise surprise, there was no big pump n sump from bitcoin black Friday.
Volume was just way too low to make a significant impact.

May be bitcoin spent during black friday wasn't enough to cause the merchant dump to have much impact on the price.

Ofcourse it wasn't enough. Look at the daily volumes, do you really think so many was spent shopping using bitcoins?

Speculators were very wrong this time.

The Black Friday is just in America. The bitcoin transaction happens mainly in China. So the BF effect is very small.
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January 10, 2016, 12:24:40 PM
Last edit: January 10, 2016, 03:36:23 PM by Amph
 #93

Surprise surprise, there was no big pump n sump from bitcoin black Friday.
Volume was just way too low to make a significant impact.

May be bitcoin spent during black friday wasn't enough to cause the merchant dump to have much impact on the price.

Ofcourse it wasn't enough. Look at the daily volumes, do you really think so many was spent shopping using bitcoins?

Speculators were very wrong this time.

The Black Friday is just in America. The bitcoin transaction happens mainly in China. So the BF effect is very small.

not it is celebrated in other region, i see that some website were offering some huge discount in that day, so maybe this is true for china also
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January 10, 2016, 12:27:57 PM
 #94

not it is celebrated in other region, i see that some website were offering soem huge discount in that day, so maybe this is true for chian also

Yeah, Black Friday seems to be catching on in Britain - a few years ago it was usually marked by news reports about "those wacky Americans", now it's a chance to grab bargains on amazon.co.uk etc. I think there may even have been fatalities (or at least injuries...) at a British shopping mall.

This space intentionally left blank.
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January 10, 2016, 01:42:12 PM
 #95

The event doesn't necessarily indicate any effect on Bitcoins, as it is just limited to a single country, and BTC is possessed by many users from different countries, mainly from China...
Even if people from USA start selling their BTC just to buy something, that won't affect the price much...
Come on guys, we are in 2016 and we are still talking "dumps"Huh
Why not anyone see the stability of BTC???

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January 10, 2016, 11:48:47 PM
 #96

When was black friday? What the day is today?
Amph
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January 11, 2016, 08:31:02 AM
 #97

When was black friday? What the day is today?

27 november the day after thanksgiving
gkv9
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January 11, 2016, 11:25:24 AM
 #98

When was black friday? What the day is today?

27 november the day after thanksgiving

We are talking on something which has already passed...
How this question relates to the price nowadays???

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January 11, 2016, 09:59:10 PM
 #99

When was black friday? What the day is today?

27 november the day after thanksgiving

We are talking on something which has already passed...
How this question relates to the price nowadays???

That was my point black friday was on November 27 and today is january, why this topic bumped up this month in spite?
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January 11, 2016, 10:04:40 PM
 #100

Black Friday will  not has huge impact on btc price,maybe little up and down,for sure will be not sell  of after

 
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