I don't think masses will join until we hit ATH and the problem is that we kinda need masses for the next ATH so....
well, all hope in institutions, which don't seem to be coming in large numbers yet
Topic: Bitcoin Week (Dec 22-28) - page 3. (Read 694 times)
People's perceptions vary about whether there is a good week for bitcoin and before nearing the end of the year and there is a possibility that bitcoin users will celebrate Christmas, which certainly requires fiat to buy necessities and gifts to celebrate Christmas and it is possible to sell bitcoin for their needs .
and besides that we will face the turn of the year to celebrate and some plans to go on vacation and all who need fiat and there is a possibility will sell it and all that does not mean spend bitcoin but only use what is needed.
and but that doesn't mean everyone celebrates Christmas and welcomes a special new year, so we'll see what happens in a few weeks about bitcoin.
and besides that we will face the turn of the year to celebrate and some plans to go on vacation and all who need fiat and there is a possibility will sell it and all that does not mean spend bitcoin but only use what is needed.
and but that doesn't mean everyone celebrates Christmas and welcomes a special new year, so we'll see what happens in a few weeks about bitcoin.
I think they're still so many bad hands holding bitcoin that are there for the wrong reasons and only to increase their dirty fiat amount will be the ones who sell bitcoin to buy dumb crap for other people to buy dumb crap back for them. I will spend bitcoin this Christmas only because of the sales. I don't do presents and gifts because it is just commercial bs. I just eat good food and stay with friends and family. People don't even have money but buy dumb shit for other people on Christmas putting them into even more debt. I am so glad I have never bee in debt in my life.
We have supporters should if anything buy crypto for people for the Christmas gift. Much more useful than whatever you wanted to buy them.
We have supporters should if anything buy crypto for people for the Christmas gift. Much more useful than whatever you wanted to buy them.
People buy a lot of bitcoins during those holiday times.
This is weird and hard to explain because the holidays are a time when people take a break and spend money. In which Christmas is one of the most important holidays, people need Fiat to buy food and a variety of gifts. So around this time people tend to sell bitcoins for cash.What was it that made bitcoin soaring in that period of time?
every end of the year we are shocked by the price itself many of the most appropriate assumptions are sell because every December 24 - January 2 is a holiday time ,we will spoil this body for a vacation so everyone will sell a little for the benefit of their children too but all of that outs certainly because we are always surprised by enthusiasts crypto
It's about that time of year. It only happens once per year. "Bitcoin Week" ... it really seems like it should be a thing doesnt it?
People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
This is crazy! It's opposite of what actually happened. It is the last time of the year. And I think people will sell large amounts of bitcoin. As usual, the bitcoin price will drop slightly by 5-10% at the end of the year and it will return in the first quarter of next year. The value of bitcoin depends on the general trend of the world, especially, the most influential countries like China often sell a lot of bitcoins at the end of the year. People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
The price surge of bitcoin is spread throughout the year. I do not think there is a single week that has a significant surge and consistent enough to be coined as Bitcoin week. Besides, December is already a busy week month, squeezing bitcoin week into it makes it more crowded of events.
I don't see that bitcoin week is kind of real because just like what you have been said there is a lot of times that bitcoin is growing or pumping and not only in a single week which is you called the bitcoin week. Month of december is a busy month and this occur the supply and demand situation which is the demand of bitcoin is getting high because many people wants to have a bitcoin in the month of december because christmas break is coming so the demand becomes high and the supply becomes low because many people are not selling their bitcoins so I don't think that bitcoin surge on a specific week only. 
No doubt on the halving event, that will obviously affect the market but we don't yet if it will be a negative or positive this time since it is still uncertain. Hopefully it will be still positive towards the price.
In the short term it depends on how many speculative sellers there are left, but these sellers will run out of coins to sell. Looking at where we bottomed out, we are only 120% above that bottom right now. Realistically speaking there shouldn't be many sellers left, but we have enough time to shake the few of them out before the halving and still have a positive halving price wise.
Going by the current hashrate it seems that miners are quite comfortable sitting this correction out. Interesting aspect of futures platforms is that miners can easily hedge against price declines and actually even out the paper loss of mining unprofitably. Great for them and great for Bitcoin security wise.
Historically Bitcoin has always done well before and after the halving so there is no reason to expect something different to happen until it actually happens.
The price surge of bitcoin is spread throughout the year. I do not think there is a single week that has a significant surge and consistent enough to be coined as Bitcoin week. Besides, December is already a busy week month, squeezing bitcoin week into it makes it more crowded of events.
It's about that time of year. It only happens once per year. "Bitcoin Week" ... it really seems like it should be a thing doesnt it?
Can you please come up with some statistics to prove that there is Bitcoin week from Dec 22-28? I m sure you dont have any concrete evidence to prove that.
I think its just a FUD and nothing more. Everyone is advised not to pay any attention to such speculations.
I think this is not a good week as many of you think, because before next year's Bitcoin halving. there will be a lot of things that will happen. Like for example, the price will fall even lower at this point. Most of the exchanges' employees will be on vacations and some traders. there will be no effect on price on that week instead of what the price before that week, will be the price of that week as well or maybe lower than that. If there's no many transactions at all.
There is no concrete data that will support your claim.
If there will be a Bitcoin week, it should be celebrated during the week the Genesis block solved. It is like the birth of bitcoin. SO I recommend it to be celebrated during January 3 - 9.
If there will be a Bitcoin week, it should be celebrated during the week the Genesis block solved. It is like the birth of bitcoin. SO I recommend it to be celebrated during January 3 - 9.
There is no point in discussing the fact that there is such a week, its just a rumor. Lot of predictions have been made regarding bitcoin bull run and almost all went wrong. Between its good to buying Bitcoin towards the end of this month as price of Bitcoin seems to go more down (just my own guess). Happy Bitcoin buying 
the reason is that people don't liquidate their assets for Christmas, that doesn't even make sense to sell your bitcoin to have money to buy shit...
Christmas is celebrated only by Christians, not celebrated by Muslims, Buddhists or atheists, so we are talking about some 2+ billion people. Of course, not everyone will sell their BTC to spend some money for the holidays, but some will do it because it is a special part of the year for them. Unlike you, I don't consider some things "shit", in some countries it still holds on to tradition. This time of year is the period when people spend more money, then in other parts of the year.
For example, Bank of England says this about spendings in December :
A typical household in the UK spends over £2,500 each month. But in the run up to Christmas our spending habits change dramatically. To begin with we buy a lot more! A typical household spends over £800 extra in December. The increase in our spending reveals a lot about what we get up to around Christmas. It won’t come as a surprise to learn that we spend a lot more on going out, eating food and drinking alcohol. We also of course spend money buying gifts for our family and friends.
It is therefore logical to conclude that some of the spendings will come from Bitcoin sales. But it will certainly not significantly affect the price of BTC, unless someone decides to sell a large amount of BTC and buy something very expensive.
actually each year people make the exact opposite speculation compared to yours. meaning they say since it is Christmas and people are spending money, they sell their bitcoins. which to be honest it has always seemed like a flawed logic to me. not to mention that each year the market mostly slows down, sometimes with some small drops due to panic sells but nothing major due to any kind of major sells that people expect! the reason is that people don't liquidate their assets for Christmas, that doesn't even make sense to sell your bitcoin to have money to buy shit...
Yes, you are completely right. If by mid-December Bitcoin did not increase in price, then this will not happen until the end of the year. Well, you can’t say that it was a bad year for bitcoin. The price of $ 7,500 is not so bad. This increase is more than double compared to the price at the beginning of this year.
Frankly speaking, no one knows whether bitcoin will rise in mid-December or stay low profile until the end of the year.
The game to inject huge flux of money into the market or start sell-off events are beyond our reach, big investors and whales who play the role in influencing market activity.
But bitcoin is heading to a good year in 2020, we can expect it to rise gradually until the next halving, do not sell your bitcoin and keep buying in every chance.
I think the new year will be a better ibr year for Bitcoin. I do not expect excessive activity in prices by the end of December. I think the bitcoin price will enter the new year at $ 7500. People are always so excited, they want the bitcoin price to go up too high. We need time.
Yes, you are completely right. If by mid-December Bitcoin did not increase in price, then this will not happen until the end of the year. Well, you can’t say that it was a bad year for bitcoin. The price of $ 7,500 is not so bad. This increase is more than double compared to the price at the beginning of this year. But for altcoins this is the second consecutive bad year. Because of this, ICO projects are on the brink of survival. We hope the next year will be more successful for cryptocurrency. 
I think in this week, bitcoin's price can be pushed a little bit because a lot of people will use bitcoin at this week like each year. I'm gonna be one of those people, though, I'm planning to buy some stuffs using my bitcoin at the end of this year. I hope that bitcoin price will increase and we'll see a new level of bitcoin's value, I hope it's gonna be around 9k$.
It's about that time of year. It only happens once per year. "Bitcoin Week" ... it really seems like it should be a thing doesnt it?
People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
Thanks for enlightening us that there is such a week in which people buy BTC.
Already many members have ruled out this fact that there is such a week. We have bitcoin bull run in Dec 2017 when BTC saw its ATH of 19k on 19 Dec. This doesn't mean every year in Dec we will have such a bullish week.
It's about that time of year. It only happens once per year. "Bitcoin Week" ... it really seems like it should be a thing doesnt it?
People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
If you have an investment in bitcoin I think it was not a good time to sell your bitcoins since the market price was a bit low and it was a great opportunity for a lot of investors to invest in bitcoin,People buy a lot of bitcoins during those holiday times.
All nuzzled up all comfy in clean warm clothes, sitting on comfy couch next to the tree glowing, the scent of pine in the air, sipping hot chocolate! Might as well buy some coin on your laptop. Buy, hold, whatever it is...
So should we coin this and put a stamp on it?
I think holding cryptocurrency was still a thing and i think there are a lot of delays in the market and in the past year the end of the year was always a bull and the market price was always in a skyrocket but it was different this year.
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