Christmas And BTC?

[steadyrice]

Does anyone have any opinion which price will Bitcoin end up till 31/12? I mean it is clear that it is going down, but till which price? 

[BTG-BTC]

I imagine that many have cash out or pay in bitcoin to buy Christmas presents which increases the number of transactions

[bitcampaign]

yes indeed the price is currently low but you will see an increase that will happen again that you will get then you do not get too panicked with what you hold, if you want to enjoy christmas day you can sell when price is high to prepare for your christmas day together your loved ones family

[sup95]

yeah holiday season could e a reason for lowering down bitcoin these days as people tend to convert them to money and buy goods for the festive season.ut overall that couldn't e a huge issue as well.

[jimbo2000]

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 you can argue there would be some things one way or another with people buying bitcoin as gifts for others or buying bitcoin themselves with their gifted money vs people selling bitcoin to buy gifts, but I think in the overall neither will make any real difference to the price.

[Raju Ahammed]

Bitcoin as a christmas gifts will be predictable things for every parson i think. In this digital world everyone want to be a milionaire.So in this christmas everyone wish a gift of BTC from another parson.thank you.

[rb26]

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 don't think that the Holiday Season have anything to do with btc's sudden decline. If you are following any news, it is believed that the news regarding BCH in Coinbase and GDAX have something to do with the recent decline. Although there are some people who are selling btc this time of the year for buying some gifts to their loved ones or to reward themselves, I don't think it's that much to cause the dip. And besides we've all been waiting for the corrections and this might just be it. Remember that everytime btc hits an ath, corrections is expected to follow.

[jesiccacone]

Christmas and BTC I think both are linked but not concentrated, because in christmas there are many needs to be spent eg buy gifts. So from that many people who sell their bitcoin for christmas needs and if many who sell bitcoin not deny the price of bitcoin down.

[DRVX]

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 that before the holidays the price of bitcoin will decrease slightly or stay at this mark, because all people will start buying gifts. I also got enough profit and want to buy gifts for my family.

[aoihs00]

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 people will be seating at home in the cold desert so they will try to earn more bitcoin in the period of Christmas. There could be flood of investment into bitcoin as there won't be anything much to do at home but watch the money grow this Christmas. This Christmas is really special as bitcoin is getting all spiked in the veins of every human and everyone loves it now. So could be positive for bitcoin to grow its market reach.

[wantjokull]

Indeed people will sell lots of bitcoin before Christmas and I think the effect can be seen on today's market if you ask me. Only five days left for the main day and that's why everyone is trying to get the bitcoin converted into fiat currency as it will take time for the fiat to get credited into banks. Isn't that's correct?  Yes why would it not be ;-) The prices are too high and they all are in profit so everyone obviously will sell it to enjoy the golden Christmas they might have ever enjoyed. :-)

Well on top of this, note for those people who ain't selling or who doesn't want to get into trouble you can start buying more bitcoin as after the Christmas is over people will be buying the bitcoin again to fill up the wallet and this will help us gain profits! So enjoy everyone.

[shi07]

We all know that on Christmas season everyone is traditionally spending a lot of money to celebrate Christmas buying good foods, new dress etc. And For me an income coming to your bitcoin account could be a good gift and a big help to your additional expenses.

[snipetr]

Christmas holiday effects bitcoins value in market. On this Christmas people's do trading, investment and also do shopping with bitcoin.
Many people's prefer buy gifts for their loved ones using bitcoin. Best to use profit gained through bitcoin investment on Christmas is I like very much.

[jc89]

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

There are multiple scenarios that could apply here but the season does affect the price of Bitcoin. Many people might use their BTC holding in buying foods and drinks for celebrating Christmas. So this may result is the decline of bitcoin's price. However people are also entitled to have Christmas bonus from their employer so people have some money to spare and they could buy some BTCs and may result on price increase.

[yummy23]

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.

Sir, please do guide me how to get profit by bitcoins

[vastmast]

A few days all the markets are very moving. I guess about Christmas

[Ayush rana]

I think yes Christmas effects the bitcoin because earlier people were holding their coins and that leads to high demand but low supply. But now people are selling their bitcoins in exchange of money so to celebrate Christmas, which now leads to less demand and excess in supply which leads in the fall in the price of bitcoin.

[kaysersoze]

Why would it affect bitcoin? Maybe a lot of people are going to sell some bitcoins but it wont affect the market, and if some people sell, they will just sell $100 or $300 worth of bitcoin to buy some stuff,  but they would not withdraw all their money just to buy "gifts".. came on..

[realsteve]

I don't think it is related to the holiday this year. The pattern seems to show correlation with etherium, LTC and BCC rising each time BTC drops.

[googs84]

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

At least I know what I'm going to do! I am going to invest more into it and will be earning more bitcoin at home! I think me and my wife are going to have fun earning together with hot coffee mug beside us! Thats going to be Christmas with full of golden bitcoin pots! The gift of Santa awaits us and we are excited for it.

According to this math most of us are going to spend time earning more bitcoin than ever. We can expect the hikes in prices during the Christmas.!