Boring market with no strong movements during Chinese holidays - page 2.

lumeire

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Quote from: jehst on January 30, 2016, 07:33:51 PM

I'm kinda getting bored of bitcoin. We've been to 420 many times. We've tested 300 many times. This is stupid. Bitcoin is too small to be so stable.

Bitcoin is more stable than Amazon and Amazon is 50x bigger. Makes no fucking sense.

Well that's how markets are. It's quite a flawed logic to compare it to an organization IMO.

jehst

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21 million. I want them all.

I'm kinda getting bored of bitcoin. We've been to 420 many times. We've tested 300 many times. This is stupid. Bitcoin is too small to be so stable.

Bitcoin is more stable than Amazon and Amazon is 50x bigger. Makes no fucking sense.

gilangIDR

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little sense. bitcoin majority share of the market dominated china. the owner is mostly used in the bitcoin. Chinese New Year certainly affect the activity of the trader china.

White sugar

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Probably we will see a few days of slow moves then a move upwards, during the holidays people will get money to invest, and some of it probably will go to Bitcoin

Lituation

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It's possible. I remember last year we had very slow days in February, this year we might see the same routine again.
I'm already prepared. I'm not day-trading these days.

fred930

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Quote from: MatTheCat on January 30, 2016, 06:29:07 PM

Quote from: a7mos on January 30, 2016, 06:23:38 PM

I think the bitcoin market will be so boring in the next days with slow price movements because of the upcoming Chinese holidays.
What do you think about these holidays and how it will affect the btc price ?

What Chinese New Year, 8th February...when Chinese everywhere (including those who invest in Bitcoin) make a grab for cash to stick in little red envelopes and hand around their nearest n dearest?

hmmm.....reckon we could see some action yet likes.

There is Chinese New Year on February 8 closely followed nine days later by the Gox creditor's meeting on February 17. If nothing happens at the Gox meeting Chinese New Year might be the biggest influence on the price, but if they announce what will happen to the Gox coins at the creditor's meeting that will have the biggest influence on the price.

MatTheCat

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Quote from: a7mos on January 30, 2016, 06:23:38 PM

I think the bitcoin market will be so boring in the next days with slow price movements because of the upcoming Chinese holidays.
What do you think about these holidays and how it will affect the btc price ?

What Chinese New Year, 8th February...when Chinese everywhere (including those who invest in Bitcoin) make a grab for cash to stick in little red envelopes and hand around their nearest n dearest?

hmmm.....reckon we could see some action yet likes.

Bit_Happy

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Quote from: a7mos on January 30, 2016, 06:23:38 PM

I think the bitcoin market will be so boring in the next days with slow price movements because of the upcoming Chinese holidays.
What do you think about these holidays and how it will affect the btc price ?

The bitcoin markets used to be full of frequent surprises. The current market has been slowing down for several days, so the boring days could easily continue in the near future.

a7mos

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I think the bitcoin market will be so boring in the next days with slow price movements because of the upcoming Chinese holidays.
What do you think about these holidays and how it will affect the btc price ?

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