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Topic: Chinese new year - page 6. (Read 1142 times)

member
Activity: 154
Merit: 10
DEm1CKDTViM1y9YmEcBaktNLWVx8rwuQUm
February 03, 2018, 08:59:34 PM
#14
Already the markets are all down, I don't think it is going to be much further any more. It will start recovering soon after CNY I guess.
full member
Activity: 602
Merit: 118
February 03, 2018, 08:57:54 PM
#13
The big days, will usually give an impact decrease on the price of crypto, as it once did on Christmas Day 2017. People, will have very high financial needs in those days. Almost all crypto in the market found a decline, although not as bad as yesterday and today.
copper member
Activity: 103
Merit: 7
February 03, 2018, 08:47:22 PM
#12
Gambling in China usually picks up during Chinese New Year - there has always seemed to be some cross-over into crypto at the same time.
newbie
Activity: 6
Merit: 0
February 03, 2018, 08:40:00 PM
#11
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jr. member
Activity: 158
Merit: 2
February 03, 2018, 06:18:01 PM
#10
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

Yes, I think it can affect LTC, XRP and NEO more.
member
Activity: 238
Merit: 10
Revolutionizing Brokerage of Personal Data
February 03, 2018, 06:16:19 PM
#9
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 that such a drop in the Cryptocurrency because of Chinese new year, but also of the global fall the world index of the stock market. Think i this few weeks we can see the market direction.  Now u can buy many good coins for long investment or fast short trading. Ita can be Ltc, ada, xrp. Holding XVG too - its good coin with x3-x5 potential
member
Activity: 140
Merit: 10
The Future of Sports is Fan Controlled
February 03, 2018, 05:54:17 PM
#8
for sure it will,even chinese government banned cryptoexchanges,people do it with their Hongkong adresses...
Major cryptocurrency holders are asians...As Christmas  chinese new year is same...
People cash out,this is the reason why all candles are red...
I think after 20-25 of february candles will turn to green....
newbie
Activity: 224
Merit: 0
February 03, 2018, 04:43:58 PM
#7
I think it's already priced in to be honest. Might dip a little but not much.
hero member
Activity: 980
Merit: 507
February 03, 2018, 04:37:47 PM
#6
That's ridiculous. Chinese new year won't affect the markets much this year , don't you not remember China has banned exchange of crypto currencies?
Markets are already down but at the moment they are in recovery phase. Boy did the markets not have a swing yesterday. People chicken out too soon.
full member
Activity: 700
Merit: 136
February 03, 2018, 04:37:17 PM
#5
I doubt there is going to be any big cash out after such a big correction. Anybody needing to cash out
would have done already last month so there is nothing major to expect from Chinese new year holiday event.
newbie
Activity: 12
Merit: 1
February 03, 2018, 04:05:55 PM
#4
I just remember reading some speculation news that might be a big cash out for the new year but I posted wondering if there would be any truth to a possible dip :/ hopefully not but as you pointed out, many events can impact the market and it's very volatile at times so nothing can really be predicted for sure
hero member
Activity: 981
Merit: 503
February 03, 2018, 03:30:46 PM
#3
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

What is so special of the Chinese New Year to bring the market down? I read last week that they are preparing attack against ETH to pump NEO. But for me CNY or every other day, it's the same.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
February 03, 2018, 03:28:54 PM
#2
It could certainly impact the markets, but don't look to one single indicator as the reason for why things are happening. Often times in crypto there are a myriad of events that are concurrently happening which give rise to how the markets play out, a singular event does not decide the market.
newbie
Activity: 12
Merit: 1
February 03, 2018, 03:24:18 PM
#1
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
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