When the colder weather comes the Bitcoin will rise.

[BitCoinNutJob]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

[Kluge]

If kiosks increasingly dominate, we may not see that effect quite as much YoY, assuming it exists. (unless the kiosks are added to many apartment complexes... -- actually, now that I think about it, why don't many apartment complexes have "normal" ATMs, even?)

I've wondered if hashrate increases faster during cold seasons where BTC's widely mined, too. I'm partially pleased I haven't sold too many of my rigs... electric heating cost isn't too far off propane here, and it's nice to not need to even refill the tank until the Summer discount window.

[Dalmar]

Bitcoin's main demographic are tech geeks and the get-rich-quick traders who are online a lot even in the summer anyway.

[BitCoinNutJob]

Bitcoin's main demographic are tech geeks and the get-rich-quick traders who are online a lot even in the summer anyway.

Yes true i guess 2 things spring to mind... 1.) they still arent online as much, are you online as much on average when its hot?  2.) More newbies discover bitcoin with colder weather

[falllling]

stop dreaming and lying, it won't happen
bitcoin is going to no where but down

[BitCoinNutJob]

stop dreaming and lying, it won't happen
bitcoin is going to no where but down

You are contributing to pumping the bitcoin price just by being here and posting that haha

[maker88]

stop dreaming and lying, it won't happen
bitcoin is going to no where but down

take you're own advise, because you're the only person stupid enough to think its any good. bitcoin still hasn't broken the 550 mark you've been calling for for like 6 weeks. just shut. your. stupid. mouth.

[devphp]

Dunno about Bitcoin, but Dogecoin will rise for sure. Kids will be back in school from summer jobs, camps and whatever

[ensurance982]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

It's simple: People will want to heat their apartments and houses. So they'll just plug in some 130nm ASICs and push them to the limit. They want the heat! I wanna see a graph of the hash rate and median temperatures of the northern hemisphere then!

[keithers]

I don't think prices have any correlation with the weather, as there is basically every season simultaneously throughout the world on any given day

[FUR11]

People come back from their holidays. What's that old saying again? "Sell in May or you'll have to pay"... I think there really isn't much going on over the summer months, so even the honey badger has to take a break from all the work. Fall will bring rising prices (haha, how ironic )

[BitCoinNutJob]

I don't think prices have any correlation with the weather, as there is basically every season simultaneously throughout the world on any given day

If you look at online poker it always has an increase in activity in the colder weather (west).  West is still the one who will decide bitcoin expansion.

Maybe we could look at some graphs... price and trends after summer last few years?

[Mobius]

I've wondered if hashrate increases faster during cold seasons where BTC's widely mined, too. I'm partially pleased I haven't sold too many of my rigs... electric heating cost isn't too far off propane here, and it's nice to not need to even refill the tank until the Summer discount window.

I think the hashrate is overall going to be higher in the colder months as the difficulty reaches the point that the cost of running the most efficient miners approaches the value of the bitcoin produced. The reason behind this is that the miners obviously produce heat that can be used to heat people's homes.

I really do not see any link between the weather and bitcoin use/adoption personally as people will always have the same incentives to use bitcoin. 

[BitCoinNutJob]

I really do not see any link between the weather and bitcoin use/adoption personally as people will always have the same incentives to use bitcoin.

Social media more active, forums etc more chance of butterfly effect.  Can the weather be the catalyst to start the bubble? nope it will be something like amazon, wall street etc

[Erdogan]

We are not econometrologists here.

[DannyElfman]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

2011 there was a bubble in the middle of the summer though. Other than that the historical prices are consistent with your theory!

[nomoreheroes7]

HODL!

[KarmaShark]

In Bitcoin's short historical past, this theory holds water. I expect to see calm well into the Fall and the next major movement to began this Winter. There was a chance we would go up in the summer however events have since shown this wasn't likely in the cards.


What helps your mood when you are stuck at home with several feet of snow outside? Watching to see what moves up faster, the snow drift outside your front door OR the price of Bitcoin. Going to be a HOT winter folks.

[ihuntbtc]

Legit. Whales are too busy enjoying summer to waste time on pumping.

[BowieMan]

Online activity in most departments goes up when it gets cold.  Next bubble incoming after the summer in the west.

Beach bums control the bitcoin price, not the whales 

Yeah, you're right! I also believe this. We have to remain stable at current prices in order not to fall too far down, but if we can get into September, I guess we may be in for a nice stable and continuing rise then! Next bubble coming, indeed!