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News: The forum is 10 years old today!
 
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Author Topic: HOLIDAY RUSH  (Read 141 times)
gabmen
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July 04, 2018, 03:45:26 AM
 #21

Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?
Well if last year has been a lesson for many, then don't expect 2018 to have the same bull run as 2017. People won't easily fall for fomo now knowing that the backlash could be draining if they don't get out in time.

 
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Dod Ong
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July 07, 2018, 04:22:17 PM
 #22

Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?


I think the demand of bitcoin increase because there are more people that needs money when holiday season comes. They want to earn money to visit, and to have a gift for their love ones. So I think the price increase also because the demand of bitcoin increases. The demand can help the bitcoin price increase.
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July 07, 2018, 04:33:24 PM
 #23

I am on the both possibility that bitcoin will reach another all time high (ATH)  in the market on the month of December but this may also happen at any time, it can be next month. This depends on how the media and the whales will work. But whichever will come first, what important is bitcoin will surely raise up again from. the dip.

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July 07, 2018, 04:37:06 PM
 #24

Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?


I think the demand of bitcoin increase because there are more people that needs money when holiday season comes. They want to earn money to visit, and to have a gift for their love ones. So I think the price increase also because the demand of bitcoin increases. The demand can help the bitcoin price increase.
Many argue that prices will rise at the end of the year that scares me. Whales are aware of this mood and can easily lower prices by the end of the year. I am also worried that many users are waiting for price increases to sell their coins. This can create additional pressure on prices.
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July 07, 2018, 05:03:39 PM
 #25

as far as I know by 2017 bitcoin prices do not reach $ 20k.
and I am even more surprised when this thread gets 4 merits.

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