Chinese new year | Bitcointalksearch.org

captain8

member

Activity: 308

Merit: 10

Quote from: needctrl on February 13, 2018, 12:08:10 PM

I think this "Chinese New Year" have little to no actual impact.
Except for perceptions of people. After the new year, markets will go up, if for no othe reason, because people assume it will rise

Agreed, also agree with our points that people would have cashed out approx 20 days before the chinese new year!

Impossible to discover what really happens, for example this time next year it could be a bull market you just do not know!

needctrl

newbie

Activity: 34

Merit: 0

I think this "Chinese New Year" have little to no actual impact.
Except for perceptions of people. After the new year, markets will go up, if for no othe reason, because people assume it will rise

jonald01

jr. member

Activity: 62

Merit: 1

The total marketcap of crypto usually dump before the chinese new year. In 2018 the chinese new year is going to be around the 16th of february, I expect a recovery after it and maybe we will reach an ATH. But I am still afraid that people will freak out during the G20 summit, I heard France and Germany are planning to regulate bitcoin and all the altcoins. Maybe they will create more laws to tax all our crypto currency gains ?

sallydavisy

newbie

Activity: 107

Merit: 0

Maybe we should expect a slight market recovery, because many participants will back in the market after Chines New Year.

andrino

newbie

Activity: 193

Merit: 0

Quote from: Kidmat on February 10, 2018, 11:01:13 PM

Quote from: creeps on February 10, 2018, 08:35:26 PM

Quote from: kamandanu on February 07, 2018, 10:36:12 AM

China is big but I do not believe it or Chines New Year will influence crypto rate

It can affect the market since most of Chinese people owns cryptocurrency, but as we all know this market will move no matter what happen in the long run. But i think the recently dump is more on the correction pattern which is good so we can bought at a lower price, eventually the price will go up.

I am eager to see what's the market effect of the Chinese New Year. We should watch the price by that time if it will affect the cryptocurrency price. Thus, whatever happens let's catch to buy at a lowest price for us to earned profit.

It looks like Chinese New Year give everybody much excitement on what will happen on that day to crypto market on or before that day. By the way I think crypto market have a relation to Chinese New Year if almost bitcoiners wait on what will be on that day. So far as of now it will happen sooner it is approaching the day. Almost at hand. I do not have yet any idea if what will happen to crypto market if the prices will increase or it will even decreases more than today. Hopefully what ever will happen it will be good to everybody I wish.

zmkriel

full member

Activity: 406

Merit: 105

This is irrelevant. China already banned cryptocurrencies, so how does chinese year still affect the price of cryptos? The recovery stage of the china issues was done alread, so i think it will drop again just because there is a chinese celebration.

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: huffer2100 on February 03, 2018, 04:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

it is always like this during chinese new year that the crypto market is going down but it always comes back in the next months that is coming.

Ayamj

full member

Activity: 350

Merit: 100

i think is just correction following the fact that most coins pumped around january

preshpr1nce

member

Activity: 266

Merit: 60

Would be seeing the impact already if it were to cause a downfall, they would cash out leading up, not on the day then wait for bank transfers to clear etc.

sakokinak

full member

Activity: 518

Merit: 101

Quote from: huffer2100 on February 03, 2018, 04:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

The New Year will be only among the Chinese, and all the rest will work. I do not think that this will negatively affect the market.

moynul2050

sr. member

Activity: 812

Merit: 250

Quote from: bitterguy28 on February 11, 2018, 07:25:07 PM

Quote from: huffer2100 on February 03, 2018, 04:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

I'm not believe crypto are effected in this coming Chinese new year, because the Chinese community are not legit to spend cryptocurrency in their country and crypto as i know if i'm not wrong are still ban in china so what the effect for cryptocurrency about Chinese new year.

They still hold the bitcoin by trading abroad using an external exchanger. Like Japan and Singapore, they even use VPNs to access such exchanges.
maybe this will have an effect.

najmul33

full member

Activity: 476

Merit: 100

I think price drop in all Cryptocurrency because of Chinese new year. chines have Big Community, and I'm sure they well make affect crypto price in their new year event.

bitterguy28

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Activity: 2044

Merit: 181

★Bitvest.io★ Play Plinko or Invest!

Quote from: huffer2100 on February 03, 2018, 04:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

I'm not believe crypto are effected in this coming Chinese new year, because the Chinese community are not legit to spend cryptocurrency in their country and crypto as i know if i'm not wrong are still ban in china so what the effect for cryptocurrency about Chinese new year.

bakekang

full member

Activity: 253

Merit: 100

Quote from: Riser7 on February 11, 2018, 07:12:30 PM

Past years there is some similarities or pattern if you like with market drop and a Chinese new year.
Coincidence I think not. Is it related to a Chinese new year, not sure.

Maybe but there is a strong evidence that this dip is made by the incoming chinese new year.
Prices on the past is only a coincidence

Riser7

jr. member

Activity: 40

Merit: 4

Past years there is some similarities or pattern if you like with market drop and a Chinese new year.
Coincidence I think not. Is it related to a Chinese new year, not sure.

anthinguy21

full member

Activity: 280

Merit: 101

OPEN GAMING PLATFORM

Chinese New Year is only a few days away, but I think it affects the exchange rate of the cryptocurrencies have ended, and within half months the market will recover entirely, and the price of cryptos will increase again quickly. The cryptocurrencies market will return to its heyday.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: huffer2100 on February 03, 2018, 04:24:18 PM

With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities

not too sure .
i mean , how people think some big day event will make some changes about market.
on one side , people think crypto its like investement.
on another side , people think crypto its like land of money.
and many many side again.
so i just speculate if that really happened , some people over there will try to take over it.
or vice versa.

henrybek3

full member

Activity: 546

Merit: 100

Thanks to this market, we have to follow the tax policies of India, China's Christmas gift-giving period, Japan's mining perspective and much more in part.

Danu26

member

Activity: 273

Merit: 10

Quote from: shileiya on February 11, 2018, 04:41:19 AM

Quote from: Inkdatar on February 11, 2018, 04:29:21 AM

Quote from: pacifista on February 11, 2018, 02:31:22 AM

Is there any possibility that bitcoin will regain its loss after this chinese new year? All my coins are in a bloody red for almost a month. I dont even have time looking altcoins prices.

There is always the possibility that bitcoin price will regain after Chinese New Year. You are not the only one suffering this lose with the current rate now of bitcoin that falling down. I think we can experience again of huge price of bitcoin in the nearing time.

I agree with you that the price of bitcoin will rise rapidly in March this year. If we look at the trend of bitcoin in recent years, we will find a law that every year the price of bitcoin will drop from December to March.I think this is related to the Chinese New Year

hopefully with the passing of chinese new year the price of all coin can stabilize back dev. because it is not just crypto but also among industries also waiting for a recovery or price change due to China's new year.

Tanhdoit

newbie

Activity: 127

Merit: 0

I am pretty optimistic so I am predicting after Chinese new year we will see a huge pick up of crypto. A lot of Chinese investors take 3-4 weeks off and primarily focus on family and health. Personally, I haven't traded since January 2nd, so let's see what happens.

Topic: Chinese new year (Read 1089 times)