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Author Topic: Why is it when the year will be over there are always talk about the price  (Read 359 times)
Eugenar
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August 24, 2020, 12:38:43 PM
 #21

It may be an encouragement to other people in this industry. People are making assumptions in order to help themselves to be away from worries and frustrations. They might also created discussions regarding this matter to know how do other investors feel about the market price of not only Bitcoin but other currencies. Some people are trying to get an idea on what should be the next move regarding their investments. It is a matter of seeking empathy.
But the bottomline is clear. No matter how people make assumptions and speculations, the market is unpredictable in its nature and it is impossible to accurately guess what could happen anytime. There's no clear pattern of this market behavior. Pumps or dumps in thr market price could happen in a sudden.
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August 24, 2020, 01:18:45 PM
 #22

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?

Because people want to know on what will happen next year since its a fresh start of the year and many people want to see some things happen on crypto and I find this one as healthy question ask since we will have a good talks regarding on the state on next year, but don't listen easily since somehow there are guys out there predict to much and we should stick to the closest figures since we need to see the last price touched to see the provable digits for next year.

R


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August 24, 2020, 01:42:46 PM
 #23

In any case, the cryptocurrency market does not depend on the season, and if you analyze the situation in the cryptocurrency market at the end of each year for several years in a row, the indicators will differ very much. But if we take into account the fact of halving in 2012 and 2016, then Bitcoin has always increased in price until the end of the year.

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August 24, 2020, 03:51:39 PM
 #24

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
Well, yearly increases are what matters in the financial world, they calculate it in two different ways, one of them is quarterly, which is every 3 months, and the other one is yearly one. The yearly one matters because you could basically make a ton of profit this month, but could lose them next month, which means monthly is not that important, just because you make 20% profit this month doesn't mean that you won't lose it next month, but when you talk about from start of 2020 to end of 2020 we can actually see what has happened.

This is the reason why I always say that do not look at huge increases in your quick trades, look at your yearly increase and if it is over 20% that means it is really cool because that is more than the inflation in almost any nation unless something major happened.

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August 24, 2020, 06:35:35 PM
 #25

I would assume that by the time the price goes up in late stage at the end of the year most of the time because there are so many nations in the world that gets salary yearly so people do not invest that much early in the year since they don't know what is going to happen during the year (just look at this year) and that is why they spend or put it aside but not really invest with it, but by the time November or December comes they know how much they have and how much of it they could use for investment, which makes the numbers go up a lot more in the late stages of the year. That is just my thought, there are so many sports people, financial people, Americans and so forth that calculate their income yearly, whereas my nation does it monthly, so maybe those yearly ones are because of yearly income.
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August 27, 2020, 05:03:08 AM
 #26

It's for hype, it's for sharing their analysis, it's for baiting FOMO, etc. There are various reasons and well, by creating predictions by the end of the year, they can easily create comparison from what the price was when it started this year, which makes a lot of arguments a lot more seemingly constructive, due to the comparison variable. Plus, this provides an analysis of the developments that happened over the past year, bringing in more constructive (possibly) arguments to the discussion. Besides, there's no rule saying that you can't do any predictions so, just let them be imo. We all have our own predictions at various periods, and whether we share them or not, they'd still be predictions in the end so it doesn't really matter whether you care about it or not.

R


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August 27, 2020, 05:23:27 AM
 #27

Price really matters for them.
Or maybe they are just excited to dump their bags? Hmmm not a good move.
But these kind of actions are normals, especially when you have Bitcoin and you use some of your hard earned money to buy Bitcoins.
Predictions are everywhere, even people who don't own Bitcoin, they also predict and talk about the price of Bitcoin.

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August 27, 2020, 05:40:33 AM
 #28

Maybe because to note the record for this year performance. Last bull run it happened on the end of the year and that was really unexpected by a lot of people. You can see that many users holding coins have gotten some pretty good fortune and now that the year is closing to its end. There are some who are expecting a lot of the same events that will occured again.

Im not expecting though but Im hoping there would be a good run this year for the market. My portfolio is loaded with different coin that Im hoping to have some gains of course bitcoin included.

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August 27, 2020, 07:40:33 AM
 #29



Because people want to know on what will happen next year since its a fresh start of the year and many people want to see some things happen on crypto and I find this one as healthy question ask since we will have a good talks regarding on the state on next year, but don't listen easily since somehow there are guys out there predict to much and we should stick to the closest figures since we need to see the last price touched to see the provable digits for next year.

Although the market price has no season people like to see the price at the end of the year this is to compare the price in the past at the same time of every year, this is where they get their indication if the quarter of the year will give them good profit, the end of the year prediction is where people are excited and people are even betting I have a friend who always wins betting the closest price every end of the year.

Right because we all feels excited for the fresh starts that's why we see so many speculation coming when the year ends and it also the hype bring more curiosity since some instance gives hope especially when the pump or bull run happen on 4th quarter of the year.

R


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August 27, 2020, 08:35:57 AM
 #30

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
In my own opinion i believe that in 4th quarter usually people has more extra money to invest in,while in December there are more withdrawals than investments because the investors are taking out their money to wait for dump in the middle or second quarter of the year.
Maybe because to note the record for this year performance. Last bull run it happened on the end of the year and that was really unexpected by a lot of people. You can see that many users holding coins have gotten some pretty good fortune and now that the year is closing to its end. There are some who are expecting a lot of the same events that will occured again.
Bullrun happens when the last quarter enter of 2017 and end up in December so maybe this will happen the same now since the Halving happens 2016 but the effect is after a year.
Quote
Im not expecting though but Im hoping there would be a good run this year for the market. My portfolio is loaded with different coin that Im hoping to have some gains of course bitcoin included.
actually the run already started sine we are now staying in more than $11 ,ooo and happens to surpass the $12,000 recently.
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August 27, 2020, 08:55:22 AM
 #31

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Maybe yes? Who knows? But I doubt they would specially when market isn't in good condition for somebody to sell their bags on. Well, predictions by the end of the year on the other hand seems pretty normal. And yeah, you already answer it, it is for the hype itself though. But it is not that bad in my opinion, as it will generate more people to join this industry  Grin.
Do you have your own prediction?
Nah. I'm not fond of prediction stuff or anythin', as it won't matter at the end of the day.
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August 27, 2020, 10:40:00 AM
 #32

I think we are all excited about Bitcoin's future.
 
It is always the same with other things too, people predict what will happen this year, what might happen and what should happen. The year is not even ending and there are a lot of predictions and speculations being thrown. Price, adoption, and even technologies that might be used, I think we all are wanting to peak what the future of Bitcoin holds, I think we just wanted it to have a better future.
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August 27, 2020, 02:47:44 PM
 #33

It's more of a recap on what's we've gone through all these years and the end of the year is the month that we want to look back and analyze the prevailing market condition, that have happen all the whole year, and we are ecstatic when we hit the price goal that we always wanted so expect to have more before the last day of the year.
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August 27, 2020, 05:08:27 PM
 #34

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
For the most part people look at the progress in the price in quarters and the most important of all is the fourth quarter which is the end of the year, this is important because if we have this market ending in a good note with the price going up and positive news all around the market there is the possibility that the next year is going to begin with a good note too, and that is what we all want, so the attention given to the end of the year is completely justified and if anything it could be even bigger if you ask me.
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August 28, 2020, 06:11:20 AM
 #35

exactly . they wont predict the price if they dont have business on here but  they predict anytime not only before year ends but the popular time for predictions is before year ends because this was the time where the price make   make alot of change . people are predicting thier highest price for every coin  .

not all that predicts are sellers or are going to sell because not all that predicts are pointing on the increase of the price .
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August 28, 2020, 06:43:36 AM
 #36

When December arrives, everything increases, in fact the demand increases in the market, and because of this speculation may be in favor, purchases come, gifts, all this leads to think that bitcoin may rise in price, Since the last ATH of Bitcoin happened in December 2017. My prediction is that I think that this end of the year will be better in price of Bitcoin than the price of last year.

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August 29, 2020, 12:09:06 PM
 #37

When December arrives, everything increases, in fact the demand increases in the market, and because of this speculation may be in favor, purchases come, gifts, all this leads to think that bitcoin may rise in price, Since the last ATH of Bitcoin happened in December 2017. My prediction is that I think that this end of the year will be better in price of Bitcoin than the price of last year.
The December 2017 thing was a onetime thing, even Novembers are like that, those are one time thing in the 10+ years of crypto existence, go check out each December in the past 10 years and you will not see mostly going up all the time, you will see that it is either going down or staying same or at the very best case it is going up just a bit like it goes up every time.

If there is one thing that is certain in the crypto world is that after few months passes in the year, the price goes up, every year around late spring to early summer the price goes up, that is a lot more consistent than the regular price increases on December, that rarely ever happens. Just because it happened once doesn't mean that it will happen every year, so do not get your hopes up about it every year.

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August 29, 2020, 01:03:55 PM
 #38

They/We are not seeing the future trend of crypto that why they/we live this thing and speculations. I don't think this is a hyping tool and drag people to believe it because we all have different market insights, and not also a thing to rely upon. if their reason is to manipulate the market pricer and then sell their bags once it surges, it is actually their idea but I don't believe that it is only enough.

I know you have your own insights and we either not bothered to hear it also. We'd respect those people being optimistic, unrealistic speculations, and it is just us if we believe it or just ignore it.

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August 29, 2020, 02:10:06 PM
 #39

Seriously what would others expect? For example would you like to see people talk about what the bitcoin would be around 18th of June? Does that make more sense to you? How about 3rd of December? I mean it does make sense that people talk about end of the year when they are making these calculations. Plus this is not just a bitcoin or crypto thing, this is a whole business thing and finance thing, everyone talks about yearly profits and quarterly at the same time, those are the things that came to crypto world from the regular world, not something we created ourselves.

Otherwise we wouldn't probably make it yearly, we would probably find the date when bitcoin was first launched and was available to public and we all would take that and calculate depending on that date.

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August 29, 2020, 03:39:41 PM
 #40

I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
At least it can be made as an encourage by most people out there who still reluctant to buy bitcoin. As much as prediction/speculaytion are made there will be many people who still believe that bitcoin will always have a chance to increase its price. You will feel like that if you have bitcoin, moreover with most investor out there who have a lot of bitcoin then he they will have a high target to gain a profit. If bitcoin grow and being accepted by most people in this world, although there are a lot of investor who sell their bitcoin there will be also who buy it.
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