The market has already fallen very much. Most chinese holders also have the red. Large holders closed their positions in December 2017. The current holders will not come out. This already have no sense.
Only hodl!)
Topic: Chinese new year - page 4. (Read 1142 times)
There is a lot of spending before the chinese new year and many of them are making purchases related to their lunar new year festivities. Many chinese are also holders of cryptocurrency particularly bitcoin and they might cashing their bitcoins to pay for the holiday expenses. But it is really hard to prove if their new year spending can also affect the price of bitcoin or any cryptocurrency.
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
in the full possible that for the Chinese New Year period, the market will go down.and the prices for the purchase of coins will be acceptable in order to buy them.
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 think after the chinese new year bitcoin and other altcoins will going to moon.
Chinese New Year have massive impact on market.
There is no need for FUD ,just to take advantage of this situation and start purchasing!
But I don’t won’t anymore mishaps around me. Also, I am very much happy with this downfall. Because like Eric, I also think it is basically an opportunity to all those who wanted to invest in bitcoin and other crypto coins but could not do so before due to high rates. All that happens has some good reason behind it. We need to be a bit optimist and patient. Sooner or later, all coins will be soaring up so stay cool like me, boss. There is no need for FUD ,just to take advantage of this situation and start purchasing!
Do you really believe that china NY dropped price? 
Its a simple manipulation of giants (with reason china NY). How you think if china people exchange their crypto into fiat for buying some NY items - do they will have money for back in mining? For now profit from 13TH/s ASIC is around 150 ye/mo and its falling. In few month need to use 100Th/s ASIC for good profit. And if upgrade ASICs farms for profit target (>~500+ ASICs) it will costs some money ... 
Its a simple manipulation of giants (with reason china NY). How you think if china people exchange their crypto into fiat for buying some NY items - do they will have money for back in mining? For now profit from 13TH/s ASIC is around 150 ye/mo and its falling. In few month need to use 100Th/s ASIC for good profit. And if upgrade ASICs farms for profit target (>~500+ ASICs) it will costs some money ...
In any case, growth is not expected until the end of their new year. To withdraw money for holidays to them too late. This is most likely a loss. Therefore, they will not influence the course.
Chinese new year has nothing to do with market crash. Market crash because it has been goes up too high in december 2017 and now its time to goes down but we will see strong support on $8000 if we break that support we will goes to $6000 but it is still above last year so i dont care about crash to that price. I start buying when bitcoin price is $500.
Its like what happened last new year celebration, and now its about the chinese community celebrating new year. As chinese plays big part of population in crypto, i think it has impact to price drop, people will tend to sell their coins to participate in the said event of new year.
I think there is a possibility that this coming Chinese New Year really has an impact on the crypto markets behavior. The people are cashing out in preparation of the said event. That resulted to price drop. Which is actually good on the other hand, because it gives us opportunity to buy and accumulate more coins while we’re waiting for the price to pump up again.
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 am more interested if Chinese New Year will affect any volumes of trading and will the market consider Chinese been off, as they are really celebrating and do not do any business.
I think after the Chinese New year will be the growth of cryptocurrencies. From my point of view, now is the time to buy the weak coins.
This can be consider as one of the factor why the price are dumping, maybe Chinese people converting their coins into fiat money for the celebration. Well, I hope that after this all cryptocurrencies will go back to normal and go higher.
This is the most terrible time in the year although it's the most important holiday of the year of China. All cryptocurrency price dump so hard also NEO, the coin supported by China also dump really hard. I hope that this case will not last so long cause I'm stucking all my capital in XRP by buying it at too high price ))
)) 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 am more interested if Chinese New Year will affect any volumes of trading and will the market consider Chinese been off, as they are really celebrating and do not do any business.
I think after the Chinese New year will be the growth of cryptocurrencies. From my point of view, now is the time to buy the weak coins.
It is already a tradition:) look at btc charts past years dump ~20 days before china new year, after that few weeks flat and boom happy new year in crypto:) with gifts:)
The Asian markets are more heavily invested in the Crypto market than the rest of the world. Look at all the drops due to FUD. China FUD, South Korea FUD, India FUD. Notice how they're all Asian countries.
I think the time has come for a great time for speculation-buying now is cheap, and after the Chinese New Year you can pick the jackpot
do not have to wait for chinese new year, now the coins are down, it's time to speculate to buy some altcoin or bitcoin, if I speculate in ltc and eth, it's a coin that I think is likely to go up and allow me to earn more profit,if you want to invest in bitcoin is also good, this is the right time because the position is now being down
why always china and chinese? how much percentage of cryto holder from chinese? how big china market?
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