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Author Topic: Will Valentine's Day affect BTC?  (Read 1073 times)
Jake_Shannen
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February 01, 2018, 09:54:26 PM
 #1

I'm really curious if market pump celebrations affect BTC and how?❤❤❤

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February 01, 2018, 10:13:31 PM
Merited by Fishbones78 (1)
 #2

I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Probably not. There is not that many girls that use Cryptocurrency, and not a lot of people that have Bitcoin have Girlfriends.

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February 01, 2018, 10:16:58 PM
 #3

not a lot of people that have Bitcoin have Girlfriends.

Ouch.  Wink
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February 01, 2018, 10:19:51 PM
 #4

If only part of it alone, Valentine's Day celebration in my opinion will not affect it, unless there is something unexpected ...
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February 01, 2018, 10:24:25 PM
 #5

No, there's no reason for valentines day to influence btc. I find this an unecessary thread since the answer is quite obvious. Even if it did, the effect would be so small you wouldn't notice it in the middle of all these drops.
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February 01, 2018, 10:26:19 PM
 #6

I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Probably not. There is not that many girls that use Cryptocurrency, and not a lot of people that have Bitcoin have Girlfriends.

You should not generalize this. A lot of girls where I live know bitcoin and even have expressed some ideas to invest in a mining PC , life is becoming more and more difficult nowadays and every little bit of extra money helps be it cash or bitcoin. The media are warning everyday against bitcoin here but this have had an opposite effect, instead of running away because the media thinks bitcoin is a ponzi scheme more and more people are starting to buy , trade or build mining computers. Interest is in the highest level here. I am US citizen , living far away now and I am jealous of how this small country loves bitcoin so much. Many bitcoin holders here have girlfriends or fiances, and many are even married so your generalization is not correct. I am not going to tell which country this is as security is top concern in the bitcoin ecosystem.

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February 01, 2018, 10:27:33 PM
 #7

yes, if all bitcoin owners sell more for valentine's day, I think it will affect the bitcoin price. when sales more than the purchase, then of course the bitcoin will fall further.
look at how late 2017 yesterday, Christmas and year-end holidays make bitcoin owners choose to sell bitcoin. so bitcoin falls and today it's hard to rise again.

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February 01, 2018, 10:29:36 PM
 #8

Firstly the questions sounds silly to me, but then I think it probably not really. My guess is no. I dont think people need to take a huge amount of profit to buy presents for their boy/girlfriends. But it would be interesting to observe if it really going to happen.
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February 01, 2018, 10:30:37 PM
 #9

I don't think it will have a major effect on Bitcoin as not all would be willing to sell some btc for fiat just to buy a gift and yes, not every holders have special ones whom they would exchange some of their btc for local money considering the red market now  Grin

I actually have a friend who after telling us that he'll sell some of his coins end up borrowing money instead because the value of btc and altcoins is in bloodbath now  Grin

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February 01, 2018, 10:32:03 PM
 #10

I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Market pump?I don't think so since this is just a non major holiday where I cant see a reason why would be the price will be affected on it. As we all know price being affected due to supply and demand and occasions like these might be just an add up but not fully an indication that these would really affect price movements. For some occasion like news then its possible.


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February 01, 2018, 10:35:37 PM
 #11

There are many important things which are happening. The whales who are manipulating the market and news and rumors. Why should valentine's day affect the market? Do you know how much is the total market cap even after prices fall?

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February 01, 2018, 10:40:24 PM
 #12

I think yes valentines day will affect bitcoin. Because many of use are going to be busy during that day. And that day the investor will be lessen because they are use their money at buying some flowers and chocolate for their love ones. And because they have some expenses they are going to encash some coin because they are out of budget. I had read that most of bitcoiner is millenials or at teenager stages so more possibilities that most bitcoiner will celebrate a heart's day. So the valentines's day will affect the bitcoin's price.
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February 01, 2018, 10:47:20 PM
 #13

valentine's can only affect if bitcoin holder sell their coin to buy gift for girl friends.if more and more bitcoin sell due to valentine's day,the price will change certainly.But this chance is really really low.

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February 01, 2018, 10:50:14 PM
 #14

Well Valentine's Day probably will affect bitcoin price but I dont believe that it is going to be a mass effect. People need money to buy presents but why should they buy expensive presents to their girlfriends instead of holding. They can buy small gifts Smiley

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February 01, 2018, 11:09:19 PM
 #15

valentine's can only affect if bitcoin holder sell their coin to buy gift for girl friends.if more and more bitcoin sell due to valentine's day,the price will change certainly.But this chance is really really low.
Some big celebrations like Christmas and new year can affect bitcoin prices, but if valentines day I think less influential. As you say, it could happen if most bitcoin owners sell it to buy gifts. But, this is not as big as other celebrations, not everyone celebrates.

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February 01, 2018, 11:11:30 PM
 #16

If only part of it alone, Valentine's Day celebration in my opinion will not affect it, unless there is something unexpected ...
The world wide many hacking issues are occur in the Bitcoin and altcoin this make the huge dump in the market. But Still all the news are said the future it will raise slowly. In particularly some news are March 1st week it will reach 15k USD because many rumours are spread in this forum. Keep hold the cryptocurrency is best way.

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February 01, 2018, 11:25:51 PM
 #17

    I think valentines day will Not affect bitcoin industry. It is not like christmas and new year that everyone put a lot of expenses that's why they sell bitcoins. Valentines celebration is not really a big deal. Not all people celebrate it and i dont think if anyone sell bitcoins just to buy flowers and gifts for their loveones. Well it is just a little expenses and it will not affect bitcoins.

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February 01, 2018, 11:33:50 PM
 #18

I guess that it affects btc because so many people wish to buy something for their girlfriends and if they have made money on trading they would buy something special which results on decrease of the market cap and volume at the same time by deceasing the price.
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February 01, 2018, 11:38:44 PM
 #19

Oh come on  Cheesy

The only holidays that may have some effect on the crypto space are Christmas and New Year when people tend to have large expenses. Valentines day is pretty much a Halmark holiday at best so I am guessing zero effect.

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February 01, 2018, 11:50:13 PM
 #20

I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Probably not. There is not that many girls that use Cryptocurrency, and not a lot of people that have Bitcoin have Girlfriends.
I laughed, thanks for that. One of the few good situational humor scenarios that are actually funny on this forum.

Going back to OP's question, though, there's likely going to be no change to Bitcoin over Valentine's day since there is simply nothing that would move it in either direction or at least nothing substantial. Valentine's Day doesn't really affect Bitcoin in any significant manner since there's nothing significant about it for the market. No anniversaries, nothing is planned to happen on that day, there are no businesses that are trying to do something with Valentine's Day and Bitcoin in the same sentence, among other things. It wouldn't make sense otherwise.
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