johnokeefe09 (OP)
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May 26, 2018, 09:46:24 AM |
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I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.
Merit will be highly appreciated if you found the post helpful.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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tungmeoden
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May 26, 2018, 09:48:37 AM |
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The reason why it goes down during the weekends is due to the fact that many people are free during the weekends and added on to that the traditional markets are also closed and now its time for the traders to come in to play , im pretty sure bitcoin doesnt always go down on weekends but it usually does , but sometimes it goes to the upside as well as during weekends cryptos in general see a higher vlume
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alian17
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May 26, 2018, 09:55:44 AM |
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No I disagree with you. The cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.
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rlazdin0
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May 26, 2018, 09:55:58 AM |
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it's a general trend of marketplace it happens because we expect it to happen!  |
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pey
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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May 26, 2018, 10:20:37 AM |
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I don't think that always happen, it is just about the situation of the market, then vice versa, if that is a good news on the weekends the market should not rise, but that does not happen.
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chandrarahmadewa
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May 26, 2018, 10:35:38 AM |
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yes, this has to do with supply and demand. When the weekend, I sell a few assets for the money cash for shopping or holiday weekend. so do not panic if price correction occurs
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Endikadija
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May 26, 2018, 11:42:14 AM |
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I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.
Merit will be highly appreciated if you found the post helpful.
I don't agree with you. A lot of experts are saying to do a lot of research about the recent dump. It looks like there is a possibility the market has manipulated by some parties. Even US regulators are watching it right now and the regulators have said to open the probe for the criminal manipulator of bitcoin price. |
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miracle24
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May 26, 2018, 11:51:19 AM |
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Btc price goes down on weekends because traders close their trades and go on a merry mood on weekends.
Let's enjoy life, not all about btc.
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nitin8263
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May 26, 2018, 12:02:30 PM |
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BTC price is going down on weekends because many traders are not trading in weekend they are taking rest for some days so the market has gone down but we expect that BTC will grow in month of july.
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sunX3
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May 26, 2018, 12:06:07 PM |
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No I disagree with you. The cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.
Yeah, same. I don't think there's a particular correlation with the weekend days. Just no FUD, markets correcting or something like that. |
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chessi
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May 26, 2018, 12:10:04 PM |
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Maybe because people tend to cash out bitcoins in order to spend FIAT to have some pleasure on weekends?  |
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whohackedme
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May 26, 2018, 01:46:21 PM |
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EST times
Most always go up Friday 5pm thru Sat evening
Most always goes down Saturday Midnight thru Sunday 8 am
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jemine
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May 26, 2018, 02:37:10 PM |
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I think It's because during weekends people not really trade and alot of people will decided to take profit from their trade so they can enjoy their weekend.
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Pixmartz
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May 26, 2018, 02:43:05 PM |
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BTC price is going down on weekends because many traders are not trading in weekend they are taking rest and market trading crypto just like forex. Because now many traders are not to use it..
Unless there is any recent info that can raise the price.
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pauline_78
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May 27, 2018, 11:58:47 PM |
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The price of bitcoin depends on demand and supply as well as different fuds. So, not specifically on weekend, it actually falls down because for some reason the demand got decrease. I hope the price will recover fully very soon.
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nskendrovic
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May 28, 2018, 10:47:18 AM |
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Not a lot of people are trading on the weekends. Most people just want to relax on the weekends after a long week, so there is not much buying and selling going on really. Just a few people trade on weekends. Others can sell off some of their coins so they can have money to relax on the weekend and do other things. After that they are all back on mondays and the prices start to pick up again
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rabia_laskor
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May 28, 2018, 11:43:12 PM |
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I don't think this decline is a serious one to look for a specific reason behind. This is general market phenomenon and this is natural for a volatile market that the prices will fluctuate. The price will soon bounce back. Just be patient.
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pehatas
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May 28, 2018, 11:46:37 PM |
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Yes, absolutely agree with you. Most people leave for the weekend and do not spend a lot of time bargaining in the crypto currency market.
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batang_bitcoin
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May 28, 2018, 11:54:42 PM |
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On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand.
You can be right on this thing. People are mostly in vacation right now and they are spending their money to their elegant travels and trips. And as the month June is at hand, let's see and think on when it will come back to the situation where everyone is rushing to buy bitcoin. |
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cryptodreem
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May 29, 2018, 05:38:35 AM |
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This is a wrong concept indeed. In the crypto currency market, you cannot say anything surely as there is uncertainty in the market all the time. The cryptographic forms of money market won't decrease just for a particular date. It was on the grounds that there was no great data as of now. There is no terrible data. So the market is as yet viewing the modification time frame. The market needs to pause. Sit tight for the ascent once more.
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