nickvesion
Newbie
Offline
Activity: 29
Merit: 0
|
|
November 26, 2018, 04:15:30 AM |
|
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
Bitcoin price is not affected by the holiday. I don't know why you have that idea?
|
|
|
|
tetyulfania
Member
Offline
Activity: 653
Merit: 10
|
|
November 26, 2018, 04:19:13 AM |
|
I never hear Christmas will bring good and positive news for bitcoin and altcoin could be on higher price, I have check many time of Christmas bitcoin and altcoin price still growing down and keep lower price, never hope about Christmas could make bitcoin on the higher price.
|
|
|
|
shafi alam
|
|
November 26, 2018, 04:23:48 AM |
|
Oh yes, Accordingly old years, Christmas one of the causes of price drop of market .
its so clear, people will celebrate their eve. so that's they withdraw their money and its causes of impact get into market.
|
|
|
|
Shreek
Full Member
Offline
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
|
|
November 26, 2018, 04:57:58 AM |
|
Who doesn't need money when the holidays come out later in the year? therefore, this scenario is made which is where the price of the cryptocurrency dump is at the level of 4000 USD, and is likely to be ready to bounce up to 8000 USD, like last year 2017, all world eyes are focused on the very epic bitcoin price changes, from 5500 to 18000
|
|
|
|
Dhoe
|
|
November 26, 2018, 05:05:00 AM |
|
Oh yes, Accordingly old years, Christmas one of the causes of price drop of market .
its so clear, people will celebrate their eve. so that's they withdraw their money and its causes of impact get into market.
Yeah most people will celebrate Christmas, but I think not because that reasons that cause the price of Bitcoin falling down because on December 2017 we can see price Bitcoin instead is very high.
|
|
|
|
hawkins
|
|
November 26, 2018, 05:32:47 AM |
|
Oh yes, Accordingly old years, Christmas one of the causes of price drop of market .
its so clear, people will celebrate their eve. so that's they withdraw their money and its causes of impact get into market.
Yeah most people will celebrate Christmas, but I think not because that reasons that cause the price of Bitcoin falling down because on December 2017 we can see price Bitcoin instead is very high. if you recall, the price of bitcoin also fell at the end of 2017, well, and maybe this is a natural thing. we know that so many people will celebrate the end of this year, and of course they need money for that. so, because of that, bitcoin prices fell at the end of this year.
|
|
|
|
enjotan
|
|
November 26, 2018, 05:37:13 AM |
|
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
affect what you mean negatively or positively ?, holiday and Christmas I think will have a negative effect because, some bitcoin holders will sell it because it requires a lot of money, it will make the price of bitcoin will decrease.
|
|
|
|
slaman29
Legendary
Offline
Activity: 2688
Merit: 1230
Livecasino, 20% cashback, no fuss payouts.
|
|
November 26, 2018, 05:56:01 AM |
|
Who doesn't need money when the holidays come out later in the year? therefore, this scenario is made which is where the price of the cryptocurrency dump is at the level of 4000 USD, and is likely to be ready to bounce up to 8000 USD, like last year 2017, all world eyes are focused on the very epic bitcoin price changes, from 5500 to 18000
Which eyes? The crazy ones for sure haha. Because I do not know a single person who today can even dare predict Bitcoin will jump to 8000 from today to less than a month away much less 18k. I mean come on, yes Bitcoin can dump and pump so quickly but more than 115% in less than a month? If it DOES happen it will be artificial and will cause it do dump even harder.
|
|
|
|
princehandsome
|
|
November 26, 2018, 06:13:15 AM |
|
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
yes I also see lately the price of Bitcoin has fallen and turned red in a long time. so how about Christmas? I think it won't affect the market price at all because Christmas or holidays have nothing to do with the crypto world. that's just according to my thinking about Christmas on crypto.
|
|
|
|
Peacemaker1994
Jr. Member
Offline
Activity: 154
Merit: 2
|
|
November 26, 2018, 07:16:21 AM |
|
If thing continue in this bad way we are looking at a bad cryptocurrency yuletide season. The year began not to badly but we looking at a very bad ending if nothing changes
|
|
|
|
Ava Duvall
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
November 26, 2018, 07:21:43 AM |
|
Usually cryptos would loose before the big days, like celebrations or national holidays or christmas etc.. I always exchange my cryptos with the tether (USDT) one or two days before the big days and after one or two days i am exchancing them again.. I usually make some profit with this way and i would recommend you to do the same..
I also notice that!! But overall BTC is not in a good place at the moment, but hopefully, it will get at least a little bit better before the holidays.
|
|
|
|
boyptc
|
|
November 26, 2018, 07:32:11 AM |
|
according to my study, Christmas will not affect the price of BTC because not everyone celebrates Christmas.
There's no connection for the celebration of Christmas and for the price of bitcoin. What affects are the people who are taking those bonuses during this holiday season. For those who bought during last Christmas season, we are about to see if there's really a significance with Christmas and bitcoin's price since December is approaching.
|
|
|
|
btc78
Full Member
Offline
Activity: 2534
Merit: 215
Eloncoin.org - Mars, here we come!
|
|
November 26, 2018, 07:41:31 AM |
|
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
For me its a Yes,because every holiday i made a withdrawal from my crypto investments and many of my friends do it also,because we want to cryptocurrency to circulate and not just stays in our portfolio,things that every cryptonians must learn because this all are currency that must be use and not an asset to he hold
|
|
|
|
nickvesion
Newbie
Offline
Activity: 29
Merit: 0
|
|
November 26, 2018, 07:47:31 AM |
|
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 is no relationship between bitcoin and christmas bro.
|
|
|
|
dupee419
|
|
November 26, 2018, 07:49:42 AM |
|
Nope it does not affect Bitcoin in any way matter, but BTC's price was HUGE back when in the midst of December and January and it was indeed a jolly christmas for everyone since it looked like a christmas gift to all the sellers who will gain maximum profit out of it, but NO it does not have any relationship between Christmas.
|
|
|
|
care2yak
|
|
November 26, 2018, 09:13:22 AM |
|
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
you mean if certain holidays affect bitcoin price / cause price fluctuations? in my opinion, yes - in certain times but not all the time. i think thanksgiving, new year's and income/real property taxation month make some holders convert some of their bitcoins to fiat / sell to pay bills or spend on gifts. most of the time, it does not have anything to do with holidays but good news/bad news in digital space, bitcoin utilization, and market demand that drive prices north or south... but, if bitcoin santa is out there maybe we can all wish for a merry bitcoin christmas if he does his magic by giving bitcoin a price boost this christmas 2018
|
|
|
|
ganlianshifu1
Member
Offline
Activity: 392
Merit: 10
|
|
November 26, 2018, 10:31:01 AM |
|
Christmas is a grand festival! At Christmas time people sell cryptocurrencies to buy gifts! This will cause the price of BTC and cryptocurrency to drop!
|
|
|
|
Fluxtorrence9
Member
Offline
Activity: 336
Merit: 12
|
|
November 26, 2018, 11:09:43 AM |
|
I don't think bitcoin cares about Xmas ,we will still see dumpers and whales taking advantages of the dumpers ,price might start to make sense by January 2019 but still I'll won't except too much as bull run takes time
|
|
|
|
eann014
|
|
November 26, 2018, 11:43:58 AM |
|
For me, holidays didn't affect bitcoin value or market. In my opinion, it still depends on a user of bitcoins on how they will use it and how many time did they sell or buy it how many users are still using bitcoin until now. It always depends on us that the market will depend on.
Last year there was some fall in BTC prices before Christmas. This was because people were cashing out their BTC or taking out their profits, may be to enjoy their Christmas holidays. Yeah there are some who are encashing their bitcoin but it doesn't mean that holidays will affect the bitcoin, it will always depend on us "users" of bitcoin or other cryptocurrencies but not all of bitcoin users doing this. Some of us yes but it will not affect the bitcoin. BIG investors will affect the price of bitcoin and that is why bitcoin price falls down last year is it because who invested big amount in bitcoin and when bitcoin hits new ATH's they encash it to get their profit.
|
|
|
|
indrakusumaindra
Full Member
Offline
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
|
|
November 26, 2018, 11:45:25 AM |
|
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
No i dont think there is a huge impact from holidays and christmas. I believe market are in the middle of correction and its happening because the BCH hard fork and hash war.
|
|
|
|
|