Topic: Christmas And BTC? - page 16. (Read 1932 times)
Well i think it does not affect bitcoin at all but since it is a holiday and many people needs money. so, most likely there are a lot of people who sells their bitcoin for a money. since there are high sales of bitcoin many money they will get and it will affect the bitcoin exchange. it might go up or down depends on it but its not the holiday since it is the people who needs a lot of money for that day.
you can read it in another thread, or you should know that bitcoin is very sesitive to bitcoin users. High sales on holidays affect the bitcoin price.
Maybe there is a small part that BTC drop is cause by coming holidays since most people are selling part of their bitcoins so they can use the converted fiat in their holiday expenses, almost all of us spend double or triple of our regular expenses during festive holidays but there should another reason more than the holiday and yet I', also curious what it is, if is what they so called correction or other thing more,
Any place where people store value like bitcoin is likely to be affected by holidays like Christmas as the price is also linked to people buying bitcoin and other crypto currencies we will see a slowdown to people buying. We may also see people selling to release equity to fund their holiday shopping.
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
As far as I know there is no correlation between Christmas holiday and bitcoin.
I have seen last year that the price of bitcoin rose to all time high during the holidays and no cash out happened. I think the dumping in recent days is purely manipulation from whales. Look at how bitcoin cash is being pumped right now. Some may have sell their bitcoins and shift it to bitcoin cash. But when bitcoin cash is dump, they will all go back to bitcoin again. So its better to hold and not sell. Actually its good to enter the market today, good buying point.
Global events like Christmas / New Year / Easter will have an influence on Bitcoin price because in those times, the transactions are more frequent due to the need of liquidity, affecting to some degree the bitcoin Price.
The season of Christmas is too minor as a factor to affect the price of Bitcoin negatively. Buying gifts for family and/or sending bitcoin as gift to a loved one will not make any change as the money still remains within the Bitcoin ecosystem.
I think christmas and holidays are very influential on bitcoin prices. because at that time those who celebrate Christmas will focus more on their religious activities. so bitcoin trading activity will be sluggish. that's how I think.
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
Bitcoin is used by some people to get an alternative income or to have more money. People are preparing and using their money for the celebration of Christmas. If Christmas affects bitcoin, I don't think so because Christmas just affects those people who uses bitcoin not bitcoin itself. People might sell their bitcoins so they can have more money for the preparation of Christmas. Once people started to sell bitcoin, bitcoin might decrease its price because as many people are selling bitcoin than buying it, bitcoin's price will decrease. Christmas affect people who use bitcoin which affect bitcoin but Christmas does not affect bitcoin directly. I think it is also the same to other holidays. Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
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
i do not expect anything on christmas ..... do not expect Santa to come and give gifts ...... i just think if bitcoin is hanging in a christmas tree, what's the guess going? Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
In general, let me just say that current events affect bitcoin price. Events affect the market, as well as how people buy, hold, and sell. For Christmas, I think that this is the season of lots of get-together and gift giving, in addition to vacations and many more. This means that people would need to spend money, and thus they sold their bitcoin for cash.
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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
I'm not a bitcoin expert but my hum opinion is that regular holders who may need some cash for holdays are willing to cashout some. meaning the price to become less valuable.
I hope this Christmas there is a special gift from bitcoin which I will receive from my work.
I think it will take 1million of 1bitcoin on the coming Christmas because the price of bitcoin is too big now and it's also a lot of money to use it for the coming Christmas, hopefully the price is higher for Christmas bitcoin money is earned by its hold but for now it's a bitcoin for bitcoin and many users will be here to earn more money in bitcoin.
I think that holidays or christmas does not affect the price of bitcoin. Currently, BCH has been bump, so many people sell BTC to buy BCH, BTC drops. I believe BTC will rise again soon. It will reach 20k.
Bitcoin recent prices surges are so quick and high, Some people taking out the profit from it is definitely expected and also the Christmas and a new year are very close in this day so I expect people are cashing out their Bitcoin for their holiday.
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
The drop happening now is all about the whales. They will buy back and soon the price of btc will be back to 20k usd. Maybe it affects for those who have celebration. I'm not an expert, this is my own opinion as per my observation.
It is great if I get something from bitcoin for Christmas like a gift from bitcoin or I get the big profits from bitcoin. Maybe this Christmas would be a memorable day for me.
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
actually holidays or christmas does not affect the price of bitcoin. it's just that when holidays and christmas arrive, usually people will need a lot of money and one of them they will sell some of their bitcoin assets.Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
so clearly, when a lot of people are selling bitcoins, then the price will come down too low.
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