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Author Topic: Friday the 13th unlucky for Bitcoin too!  (Read 535 times)
niocexchange (OP)
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March 13, 2020, 06:05:51 AM
 #1

Bitcoin’s Price On March 13th

2014: $633.62

2015: $294.35

2016: $411.62

2017: $1221.38

2018: $9205.12

2019: $3909.16

2020: $4968.99

You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?

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March 13, 2020, 07:26:10 AM
 #2

Lol, we can't just draw conclusion here, just because it's friday the 13th means that the price of bitcoin is going to be that low, coincidence.

Other people also say that the Lunar Chinese New Year will have a positive effect on the price. Every year we hear that, but it's not always the case, it also means that there are no correlation whatsoever. You can trade - buy/sell whenever you want.

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March 13, 2020, 07:44:23 AM
 #3

Today is bad for Bitcoin, but I really don't think it's because of it being Friday the 13th. It's because of all that panic triggered by the announcement of the pandemic of COVID-19. It's not just Bitcoin that's going down here, it's pretty much every business (apart from pharmacies, I guess) and all major assets. The world leaders are making increasingly concerned statements about the spread of the virus and the number of people who are actually infected in contrast with the official data. Harsher measures are introduced, and people feel very uncertain. Hopefully, things will get better are people get more used to it.

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March 13, 2020, 07:45:41 AM
 #4

Bitcoin’s Price On March 13th

2014: $633.62

2015: $294.35

2016: $411.62

2017: $1221.38

2018: $9205.12

2019: $3909.16

2020: $4968.99

You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?
It is true that the 13th day of the month this year was really unlucky for us and also for those people who are holding bitcoin right now because they are probably experiencing a huge losses right now and also to those people who are just buying when the price is around $9,000, but I can also called this as an opportunity to buy and stock a bitcoin right now especially that the value of it was very down.

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March 13, 2020, 07:54:51 AM
 #5

I haven't realized that it's Friday the 13th. I don't believe in that kind of stuff though. It's all pure coincidence. It just happened to be right on time with that. Don't believe anything else.

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March 13, 2020, 08:17:32 AM
 #6

I don't know if this was planned, or a coincidence, but the price reduction this Friday was really quite severe. in fact, I think that the decline is that was fired from Friday in previous years. however, the difference in price reduction that is happening now is very different from last year's situation. Well, I'm afraid that the recovery that is happening from now on will be a little slower even though it is driven by Halving.

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March 13, 2020, 08:21:32 AM
 #7

As of this day, bitcoin price is so low, but we can not conclude that Friday the 13th has related to the lowest price of the bitcoin, there is no date related to the price of every different cryptocurrency. I think the main reason why the price of the bitcoin drops is because of the COVID-19, which we are facing right now. When the COVID-19 starts spreading all over the world, the price of the bitcoin starts also to fall down, which is somehow related because it is a big problem that we have and some traders or investors might be affected with this so they cannot focus on cryptocurrency anymore.

Friday the 13th is just the belief of traditional people that when it happens there is unlucky thing that might happen, but there is no proof that it is legit, maybe if there is something happen bad on that day, it is just a coincident and Friday the 13th has no relation with that.
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March 13, 2020, 08:32:59 AM
 #8

Friday the 13th was just a traditional belief of the elders and people that eventually has been transmitted by many generations and I can say that this is doesn't have any relationship on the current situation of the bitcoin and the market.
This maybe just a coincidence that the dump of the bitcoin was occur on the 13th day of this month.



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March 13, 2020, 08:49:55 AM
 #9

I haven't realized that it's Friday the 13th. I don't believe in that kind of stuff though. It's all pure coincidence. It just happened to be right on time with that. Don't believe anything else.

Fun fact: the 13th most frequently lands on Fridays. If you think about it, it's statistically more likely for this to happen on a Friday the 13th than any day on the 13th, so there's really nothing unlucky about it lmfao.

But yeah, those prices don't really indicate any clear trends. We also have to consider the fact that our current situation is incredibly irregular considering the coronavirus scare and markets crashing all over.

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March 13, 2020, 08:59:31 AM
 #10

I don't think it has something to do with the date, these scenarios can happen anytime and it is just a coincidence that it happened Friday the 13th. We all know we are currently facing an epidemic and it resulted for international transactions or business to a stop thus, the market struggles but I am still positive that it shall pass soon.
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March 13, 2020, 09:26:58 AM
 #11

I don't think that is related to that. It is the only coincidence that bitcoin prices finally get dump so hard. I am sure that everything will be okay, and the price will be increased again. We can buy more bitcoin while the price still stays at a $5000 level price so we can have more bitcoin in our wallet. No need to relate to something that we don't know for sure because we don't know what is happen, and we only know that the bitcoin price was down.

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March 13, 2020, 09:58:32 AM
 #12

I'm not superstitious, so I'll just buy a few blocks of 666 Satoshi. Smiley
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March 13, 2020, 11:20:42 AM
 #13

How is it unlucky? if you know how to play with the market, you'll not believe on this.
price dump, that's happening but this is not one sided only, for the other side its bad but on the other side of investors its good as they can accumulate.

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March 13, 2020, 11:25:01 AM
 #14

This has nothing to do with Friday 13th. I.know that some people are superstitious but the date doesn't anything to do with Bitcoin price.
Currently we are facing the price dump but there are other reasons for that, not the date in calendar.
Anyhow, be clever and use price fall to buy more Bitcoins.

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March 13, 2020, 11:43:26 AM
 #15

Now you mentioned it, what an unfortunate coincidence. Cheesy

Sadly I have no more money to buy the dip.

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March 13, 2020, 11:48:42 AM
 #16

I haven't realized that it's Friday the 13th. I don't believe in that kind of stuff though.
I didn't either, and I also don't have that particular superstition.  Also, in my time zone the carnage had already started on the 12th and today on the 13th bitcoin seems to have rebounded from last night when I went to bed.  I was wondering what I'd be waking up to in the morning when I checked preev and was pleased to see bitcoin above $5k.  It still got murdered in the market, but I sort of thought it would be in the $3k range.

But then again, who knows what's going to happen today--bitcoin could sink again for all we know.  As others have mentioned, however, it's not because of Friday the 13th; it's because of the global panic over COVID-19.  I'm curious to see what the stock market is going to do today as well.  It would be nice to see a rebound and maybe some good news for a change.

Sadly I have no more money to buy the dip.
Ugh, me neither--and believe me, I wish I did.  Times like these don't come around all that often, when everything is screaming "BUY!".

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March 13, 2020, 12:05:17 PM
 #17

Bitcoin’s Price On March 13th

2014: $633.62

2015: $294.35

2016: $411.62

2017: $1221.38

2018: $9205.12

2019: $3909.16

2020: $4968.99

You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?

Historical data like this and discussions about Friday the 13th should not be taken seriously.
There wasn't a coronavirus global panic in all the Fridays 13ths in 2014-2019.
This isn't even a price pattern,if you ask me.It's just random price levels at random time frames (weeks and months) in consecutive years.You can't analyze such inconsistent data and make any conclusions out of it.
And by the way,Friday the 13th could happen more than once during the year. Grin

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March 13, 2020, 12:14:20 PM
 #18

You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?

If the situation with this virus calms down in a few months, with the positive effect of halving the price should be stable and move slightly upward. But all this just in case some new virus does not happen next winter, and that we can suppress the current one. Based on China case, epidemic is there for last 3 months and it is still not over, and in Europe is just start in last 2-3 weeks. We can just hope summer will help us and that scientists will find an effective vaccine.

If we have learned something from this, it is that Bitcoin is vulnerable to such major global crises as everything else on the market. This could have longer lasting consequences for people to perceive it as a store of value, because it fell on the first big test.

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March 13, 2020, 12:20:00 PM
 #19

I don't think that this is much of a concern but historically speaking, I guess there's something that you can learn on this one at least for newbies and that only tells that bitcoin is always unpredicted.

No one what's next that it will reach. And that doesn't matter anymore whatever the price will be by next year with the same date. As far as our concern, we just keep moving and wherever it lands, we'll just keep the faith and continue our act, to hold and to accumulate.

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March 13, 2020, 12:32:26 PM
 #20

Lol, how about 2018? This 2020 is full of global crisis especially when COVID-19 appears, the whole market drastically drops a lot. Even in forex and stocks also drop;
There's a lot of beginners who might take your post seriously. Bitcoin is a very digital and modern, I doubt superstitious like Friday the 13th affects bitcoin. The main reason for the drop is Covid-19, nothing else. The year 2020 is the year of bull run, then why does it drop really big?
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