Pages:
Author

Topic: Bitcoin will rise during the Christmas holidays - page 2. (Read 520 times)

full member
Activity: 759
Merit: 105
Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.
How did you know that it will change though? The price are still low at the moment but i like your confidence though and i hope it will go up high because i've already bought some.
member
Activity: 154
Merit: 10
Bitcoin will rise during the Christmas Holidays as many who have a lot of expenditure during the Yuletide season,  would have been done with much spending. After which the Bitcoin will rise again.
full member
Activity: 337
Merit: 195
Graphics/Signature Designer https://bit.ly/2Q1AOrY
I don't think so. in the past few days, the bitcoin's price was gradually falling. As Christmas is approaching you could see the charts are decreasing. I don't know the factors behind this but I think many people are cashing out their bitcoins for the celebration of the holidays thus affecting the price.
full member
Activity: 406
Merit: 102
A lot of people are actually saying the exact opposite actually, as they think that during this time people are going to be cashing out as they want to be able to buy gifts for people in their lives -- but no one is to really know what people are going to do. It's not like any real research is being done on people, we're all just sitting here speculating.

I hope it does rise though, I've got a pretty high stake at the moment! HODL

Apparently yes, you're perceptions are quite the opposite. Occasions means spending and that clearly reflects on the prices these past few days. And we can't really track how many cashed out because it's clearly anonymous. Speculations are based on the movement of prices itself but with no assurance of accuracy.
There is so much to HODL and don't freak out.
copper member
Activity: 1050
Merit: 294
Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.
Not really, all eyes are on segwit2x fork. Christmas will not going to affect the price much but the upcoming segwit2x fork (on 28th Dec) will surely affect it, because people are much suspicious about it and till that the price will remain oscillating around $13-14k.
Don't try to compare it with last year(i.e Dec 2016), that doesn't justify this prediction.
newbie
Activity: 49
Merit: 0
Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.

why bitcoin will rise during the Christmas holidays. my Speculation is will down cause all will selling and big exchange sites will stopped cause of holidays.


like what happen in 2016
newbie
Activity: 104
Merit: 0
Based on the chart, Bulls are still not strong enough to push the price back up. It's best for us to stay at the sidelines and watch closely.
hero member
Activity: 766
Merit: 509
Exactly, this guy does not even understand that the christmas are something more "special", it is not like thanksgiving. In fact, the thanksgiving is only celebrated on the United States, and christmas is all over the world.

Not because bitcoin rose in price in the last thanksgiving holiday and black friday it doesn't mean that it will rise this Christmas holiday too.

Exactly x2, he really needs to understand that if some people withdraws money to buy gifts or whatever the fuck they want, the price is going to decrease, not increase, this is just a little knowledge about simple math of 4th grade.

Some people might need money to buy presents, and some probably received money as presents. So there's really no way for us to know if the Christmas holidays has a positive or negative impact on bitcoin's price.

Bitcoin is decreasing right now because of this (or maybe not) but it will recover sooner or later.
newbie
Activity: 107
Merit: 0
What are you even basing this on? Holidays? It's never recommended to make predictions based on practically nothing.
full member
Activity: 280
Merit: 120
There could be two reasons behind this collapse, either the exchanges are deliberately devaluing bitcoin to move to a different coin, since bitcoin transactions have really become a pain, or due to recent EU announcements to regulate bitcoin, and the whales know it so they are cashing out...just opinion, I don’t think it should fall %50 due to Christmas cash out
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
A lot of people are actually saying the exact opposite actually, as they think that during this time people are going to be cashing out as they want to be able to buy gifts for people in their lives -- but no one is to really know what people are going to do. It's not like any real research is being done on people, we're all just sitting here speculating.

I hope it does rise though, I've got a pretty high stake at the moment! HODL

The only pattern I can see from past Christmas seems to suggest the same, a slight petering and consolidation of prices, before a slight dip in January - in the same months alts (even Dogecoin) make a strong run. I doubt holiday season has much to do with anything. Christmas shopping would have been done a week ago, so maybe that explains part of the sell off, though I hardly think the big whales really need to liquidate Bitcoin for a few Christmas gifts!

And yeah, there's no real research on that, so we end up speculating every Christmas but I'd wager that seasonal holidays, just like weekends, have limited impact on Bitcoin market, not to the level of conventional trading anyway. I still suspect the January dip, along with fresh alts impetus, will happen. Not even 10 years of history to prove a pattern but perhaps 6 out of 7 years is enough.
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
Look,I think that it's hard to predict the price of bitcoin.Yeah,it's not an easy job.But I am surprised to see your confidence. It will be great indeed.But you know,I am not thinking like this.People have to sell their bitcoin and cash out(change their bitcoins into fiat) to fulfill their needs for Christmas. So,knowing this,the price of bitcoin has a very little chance to increase. I hope you got this.

But yeah,I want to agree with your words of holding bitcoin.To me,holding bitcoin will be much better. It's always better you know.We are hoping that the price of bitcoin will increase in coming year of 2018.But,it's also a thinking,a guess.We can never know what the price gonna be until it happens.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
so many maybe cashed out some of their bitcoins in order to purchase what they need and what they want to buy this Christmas season

It's more than that. We talk here on 1000s and 1000s of Bitcoin. A bit too many and too expensive presents...
I feel like many have cashed out for other reasons too: end of year calculations, safety against volatility during the holidays and days off, or just pure speculation.

I think the price of bitcoin will start to increase in the start of the year.

Iirc last year it started to grow before new years eve. I'm curious what will happen in the 3 working days left of this year. Those could be very good or very bad and may give the trend for January 2018.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
I don't think so but its the opposite. Its Christmas holidays and what is the first thing that you will do when this time comes? Foods and gifts so many maybe cashed out some of their bitcoins in order to purchase what they need and what they want to buy this Christmas season and because of that, the price of bitcoin decreases. I think the price of bitcoin will start to increase in the start of the year.
full member
Activity: 560
Merit: 107
Keep Working
Probably rise after holidays and people would like to withdraw for holiday season. Anyhow, I can see 2018 good for BTC  Grin Grin Grin
member
Activity: 228
Merit: 10
The rise of bitcoin seems to be a direct link between Christmas. Oh, I think the recent vibration is related to the profit of some time ago. Last month, people who possessed chips gained a lot of income, so severe vibration is normal.
hero member
Activity: 2128
Merit: 520
usually, when christmas and new year come, some people will spend their money to shop and holidays, so why you say like that?
If things repeat itself like last year, then we will expect the value will jumped again, first quarter of 2018 might be the game changer, if we will see same position then holding more bitcoin might be the best thing to do, collect those cheap coins and wait until next year not to rely with holiday rush.
member
Activity: 336
Merit: 14
https://exiptoken.io/
hey, i agree with you the main problem with the human mind is when the price decreases we sell them all an suddenly it can go moon.then we won't be able to buy it again. so the best thing is to hold it and don't be panic. because BTC always going to be increased. Smiley   good luck everyone!!
newbie
Activity: 26
Merit: 0
yes i agree with you borther  Cool Cool
sr. member
Activity: 851
Merit: 254
Borderless for People, Frictionless for Banks
usually, when christmas and new year come, some people will spend their money to shop and holidays, so why you say like that?
Pages:
Jump to: