Topic: Christmas And BTC? - page 11. (Read 1932 times)
However there is no connection of Christmas and BTC. But luckly BTC is on the moon at the time of Christmas.
I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges. I needed your opinion.
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
Since christmas is fast approaching almost everyone of us were so much busy on preparing in this very momentous occasion and as far as everyone is concern i can sense that most holders exchange their bitcoins into fiat to use it as a christmas presents to their loveones in this matter i think this really contributes to bitcoins price to fall to almost $3k+..but this is being expected by holders of bitcoin correction always happen and we shall expect to decrease more when more holders dump their coins as new year will come.Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
It's obvious, Christmas i a very big occasion to celebrate once in a year. People need money to enjoy the Christmas party and to buy gifts. Thee will be some impact for few days, might be till new year. After that, it will go up as there is lot of demand for bitcoin.
The demand of bitcoin got higher during thus season that makes the price to dump because people want to celebrate their Christmas glamorously. Even me want that. I want to make it different from the past year. I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges. I needed your opinion.
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
There are some effect because traders usually take profits on December. This is normal in the stock market and I guess its the same here in crypto. Do not worry I am sure in the long run Bitcoin price will still rise.
This christmas is very special on this regards as BTC has its highest historical price, with the price it reached I was expecting to see a more hectic behavior though.
Its the case with most Markets, people sell their holding before holidays. But, for cryptocurrency it could be different as its a world currency. I would suggest to go through charts for bitcoin over the years and try figure.
It's obvious, Christmas i a very big occasion to celebrate once in a year. People need money to enjoy the Christmas party and to buy gifts. Thee will be some impact for few days, might be till new year. After that, it will go up as there is lot of demand for bitcoin.
yes maybe people will sell their bitcoins for christmast because they havev to withdraw it to "real money" for some christmast gift :3
Yes naybe some of the people sell it. But many people right now are busy finding what they must give to their special someone or family. I guess bitcoin is the best gift that we must give to them. Bitcoin will help them on saving that they can withdraw it to be a real money that they are going to use to prepare foods on celebrating christmas. For them to enjoy it.
It is very normal to see the waves showing up again and again when the BTC cap growing.
yes maybe people will sell their bitcoins for christmast because they havev to withdraw it to "real money" for some christmast gift :3
Yes naybe some of the people sell it. But many people right now are busy finding what they must give to their special someone or family. I guess bitcoin is the best gift that we must give to them. Bitcoin will help them on saving that they can withdraw it to be a real money that they are going to use to prepare foods on celebrating christmas. For them to enjoy it. I hope this Christmas there is a special gift from bitcoin which I will receive from my work.
I do not have an experienced yet if christmas season affects price of bitcoin. I had joined in this bitcointalk last November 27, 2017 only. But i'm also hoping that they give incentives or just to make the value of bitcoin higher in christmas and new year.
I congratulate christmas, hopefully this Christmas day bitcoin will continue to be more glorious for the future.
naturally bitcoin going to high but sometimes bitcoin drops but it's for short time. many issue have to drops bitcoin,holidays or xmas is a one of them.
everyone wants to gift in this period that's why they are withdraw bitcoin.
so I think this period is buy time for every bitcoin lovers.
everyone wants to gift in this period that's why they are withdraw bitcoin.
so I think this period is buy time for every bitcoin lovers.
I think Christmas season has a little effect on bitcoin price since many people now need money so they sell some of their bitcoin to earn their profit resulting to increasing number of supplies of bitcoin thus the bitcoin price is decreasing. Just my opinion.
I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges. I needed your opinion.
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
first of all it is pretty normal for bitcoin to drop or pump because of volatility and other factors like demand and supply. holidays like christmas doesnt really have a direct effect to bitcoin. however events like this can drive the demand of bitcon to decrease because people would likely sell off their coins because they need money to prepare for this special day but of course not all people will do it because there were still die hard hodlers that will still prefer to hold their coins rather than spending it.
yes maybe people will sell their bitcoins for christmast because they havev to withdraw it to "real money" for some christmast gift :3
I think the reason behind the price drop today is not because of the holiday season but because of the mass panic surrounding BCH and ETH since their price today is shooting up fast. The Christmas season does nothing to help decrease the price of each bitcoin because price point suggests that many investors would let go of their bitcoins not a cheaper price, but on a higher price point since a lot of people have a lot of moneu of Christmas, thus allowing them to invest their moneu on the hyped bitcoins.
roger verr and his team are trying to find opportunities from the end of the year and especially christmas to manipulate the price, the general holders will greet with panic because they want to sell their bitcoin for holiday needs, besides the traders are also trapped in the hype that requires quick profit using bch interconnected globally.
Bitcoin value are affected by the demand of the people and yes, Christmas does affect bitcoin demand. It would be that bitcoin users are selling their bitcoin in order to buy some Christmas present or use it to celebrate.
I think the reason behind the price drop today is not because of the holiday season but because of the mass panic surrounding BCH and ETH since their price today is shooting up fast. The Christmas season does nothing to help decrease the price of each bitcoin because price point suggests that many investors would let go of their bitcoins not a cheaper price, but on a higher price point since a lot of people have a lot of moneu of Christmas, thus allowing them to invest their moneu on the hyped bitcoins.
Well christmas is just around the corner so somw people will sell their bitcoin to get money and celebrate christmas in style some traders are just taking advantage in all of these price surge to sell their cheap bought bitcoins into a higher price. But i think the amount of people selling they're bitcoin's in holidays would not affect the market that much so price would not drop much it will only be the usual volatility.
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