Christmas And BTC?

[Siren]

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

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.

[btcprospecter]

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.

[GieM]

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,

[Heartseed]

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.

[Casdinyard]

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.

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.

[Restmand]

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

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

[dejan_p]

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..  

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

[ir.yance]

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

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

[@alaji]

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.

[Good tbc]

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.

[romero121]

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.

[lhvleao]

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

[Rana590]

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.

[Aryanto28]

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.

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.

[Gens09]

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

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.

[ehrz22]

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?

[MelisaMoris]

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

[nguyenkhanhhung14]

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. 

[hkdfgkdf]

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

[bloodyvio]

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

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.