Bitcoin will rise during the Christmas holidays

[VancityBitcoin]

Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.

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[daenarys_stormborn]

can you explain why bitcoin will even go up during christmas holidays? because if in thinking with logic, bitcoin prices should go down, because a lot of christmas needs to be purchased, so people need cash to spend, in the end they turn bitcoin into fiat

[allabtcripto]

any time bitcoin price will be increase, so buy and hold your bitcoin.

[squatz1]

A lot of people are actually saying the exact opposite actually, as they think that during this time people are going to be cashing out as they want to be able to buy gifts for people in their lives -- but no one is to really know what people are going to do. It's not like any real research is being done on people, we're all just sitting here speculating.

I hope it does rise though, I've got a pretty high stake at the moment! HODL

[mk4]

Not because bitcoin rose in price in the last thanksgiving holiday and black friday it doesn't mean that it will rise this Christmas holiday too. If it does, I think it's just a coincidence. Some people might need money to buy presents, and some probably received money as presents. So there's really no way for us to know if the Christmas holidays has a positive or negative impact on bitcoin's price.

[secondgarlic]

I think the reasoning is that, due to the holidays, families who hadn't seen each other in a long time get together, and one of the topics that are discussed is bitcoin, because generally one family member is investing in bitcoin. So the other family members decide to check it out as well. A similar effect had also occurred during thanksgiving.

[Lintel]

No one can really tell what might gonna happen to the prices of coins because we are in cryptocurrency world so it is volatile. I don't really know why it will increase its value during Christmas holidays. I Hope it will.

[Irvinn]

The statement that bitkoyn will grow in price for Christmas holidays, contradicts common sense. In all great holidays, people on the contrary do not invest their savings anywhere, but spend them on various purchases and gifts. Therefore, from this point of view, bitokoyn, most likely, will fall in price.
     However, do not forget that his seven forks will now be held, which has always helped to raise his price. But bitcoin, as we saw during his recent growth, is generally poorly predicted.

[lionheart89]

i do not agree with you. i think at christmas time people will use their money to buy gifts and go for a holiday. so chances are they'll be selling his btc and that's what makes btc down. but after christmas holidays btc will go up again. hopefully.

[pentol86]

usually, when christmas and new year come, some people will spend their money to shop and holidays, so why you say like that?

[hamo86]

yes i agree with you borther 

[mkcjeewantha]

hey, i agree with you the main problem with the human mind is when the price decreases we sell them all an suddenly it can go moon.then we won't be able to buy it again. so the best thing is to hold it and don't be panic. because BTC always going to be increased.    good luck everyone!!

[Golftech]

usually, when christmas and new year come, some people will spend their money to shop and holidays, so why you say like that?

If things repeat itself like last year, then we will expect the value will jumped again, first quarter of 2018 might be the game changer, if we will see same position then holding more bitcoin might be the best thing to do, collect those cheap coins and wait until next year not to rely with holiday rush.

[tonysitaly]

The rise of bitcoin seems to be a direct link between Christmas. Oh, I think the recent vibration is related to the profit of some time ago. Last month, people who possessed chips gained a lot of income, so severe vibration is normal.

[linkybit]

Probably rise after holidays and people would like to withdraw for holiday season. Anyhow, I can see 2018 good for BTC 

[LogitechMouse]

I don't think so but its the opposite. Its Christmas holidays and what is the first thing that you will do when this time comes? Foods and gifts so many maybe cashed out some of their bitcoins in order to purchase what they need and what they want to buy this Christmas season and because of that, the price of bitcoin decreases. I think the price of bitcoin will start to increase in the start of the year.

[NeuroticFish]

so many maybe cashed out some of their bitcoins in order to purchase what they need and what they want to buy this Christmas season

It's more than that. We talk here on 1000s and 1000s of Bitcoin. A bit too many and too expensive presents...
I feel like many have cashed out for other reasons too: end of year calculations, safety against volatility during the holidays and days off, or just pure speculation.

I think the price of bitcoin will start to increase in the start of the year.

Iirc last year it started to grow before new years eve. I'm curious what will happen in the 3 working days left of this year. Those could be very good or very bad and may give the trend for January 2018.

[FRJ]

Look,I think that it's hard to predict the price of bitcoin.Yeah,it's not an easy job.But I am surprised to see your confidence. It will be great indeed.But you know,I am not thinking like this.People have to sell their bitcoin and cash out(change their bitcoins into fiat) to fulfill their needs for Christmas. So,knowing this,the price of bitcoin has a very little chance to increase. I hope you got this.

But yeah,I want to agree with your words of holding bitcoin.To me,holding bitcoin will be much better. It's always better you know.We are hoping that the price of bitcoin will increase in coming year of 2018.But,it's also a thinking,a guess.We can never know what the price gonna be until it happens.

[buwaytress]

A lot of people are actually saying the exact opposite actually, as they think that during this time people are going to be cashing out as they want to be able to buy gifts for people in their lives -- but no one is to really know what people are going to do. It's not like any real research is being done on people, we're all just sitting here speculating.

I hope it does rise though, I've got a pretty high stake at the moment! HODL

The only pattern I can see from past Christmas seems to suggest the same, a slight petering and consolidation of prices, before a slight dip in January - in the same months alts (even Dogecoin) make a strong run. I doubt holiday season has much to do with anything. Christmas shopping would have been done a week ago, so maybe that explains part of the sell off, though I hardly think the big whales really need to liquidate Bitcoin for a few Christmas gifts!

And yeah, there's no real research on that, so we end up speculating every Christmas but I'd wager that seasonal holidays, just like weekends, have limited impact on Bitcoin market, not to the level of conventional trading anyway. I still suspect the January dip, along with fresh alts impetus, will happen. Not even 10 years of history to prove a pattern but perhaps 6 out of 7 years is enough.

[Niveus]

There could be two reasons behind this collapse, either the exchanges are deliberately devaluing bitcoin to move to a different coin, since bitcoin transactions have really become a pain, or due to recent EU announcements to regulate bitcoin, and the whales know it so they are cashing out...just opinion, I don’t think it should fall %50 due to Christmas cash out