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Topic: Christmas And BTC? - page 3. (Read 1932 times)

member
Activity: 157
Merit: 10
November 23, 2018, 09:46:46 AM
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

Yes, it really affects the bitcoin. If you will think of it in Christmas, there's a gift, the food, and other expenses that is why we need a money in Christmas that means that there will be a lot of people that will trade their coin here. For a smart strategy ofcourse they will lower the price of the bitcoin and I am hoping that the price will rise up again after christmas.
member
Activity: 238
Merit: 12
November 23, 2018, 09:26:09 AM

For me, holidays didn't affect bitcoin value or market. In my opinion, it still depends on a user of bitcoins on how they will use it and how many time did they sell or buy it how many users are still using bitcoin until now. It always depends on us that the market will depend on.

Last year there was some fall in BTC prices before Christmas. This was because people were cashing out their BTC or taking out their profits, may be to enjoy their Christmas holidays.
hero member
Activity: 1078
Merit: 501
November 23, 2018, 09:16:32 AM
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 affect bitcoin?
Please elaborate. Thanks a lot
For me, holidays didn't affect bitcoin value or market. In my opinion, it still depends on a user of bitcoins on how they will use it and how many time did they sell or buy it how many users are still using bitcoin until now. It always depends on us that the market will depend on.
hero member
Activity: 1484
Merit: 500
Across The Universe
November 23, 2018, 06:53:21 AM
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 think Christmas and holidays have also affect in the price of bitcoin simply because those day many people have a lot of money or simply a lot of bonuses so they will use to invest in bitcoin. Even you see that bitcoin are going up now still it will down again.
in my opinion at Christmas there will be an increasingly severe decline because there will certainly be many people who sell their assets for Christmas needs, and to this day the market conditions are still worsening especially later at Christmas.
jr. member
Activity: 462
Merit: 2
November 23, 2018, 06:52:57 AM
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
One side can also influence Christmas on the price of Bitcoin. There is also another side,
For example the world glabal economic crisis is deteriorating, and also investors.
all that can pass and quickly recovering about the price of Bitcoin all hoping for the best for Bitcoin and also the cryptocurrency that had been dreamed of all this time.
full member
Activity: 658
Merit: 112
November 23, 2018, 06:29:18 AM
Usually cryptos would loose before the big days, like celebrations or national holidays or christmas etc.. I always exchange my cryptos with the tether (USDT) one or two days before the big days and after one or two days i am exchancing them again.. I usually make some profit with this way and i would recommend you to do the same..
hero member
Activity: 812
Merit: 500
January 21, 2018, 03:11:28 AM
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

People hold their coins for future purpose, and  they believe now its time to use them. They start selling during before the event. If people continuously selling their btc it will decrease to 10k before new year. Selling bitcoin is helping to decreasing demand and increasing there supply which caused price decreased.
 
sr. member
Activity: 726
Merit: 250
January 01, 2018, 05:19:02 AM
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
Christmas or any holidays will affects bitcoin. In these days people need money so they sell large amounts of bitcoin, the prices will go down.
newbie
Activity: 14
Merit: 0
January 01, 2018, 05:04:32 AM
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 in all bitcoin and real markets. recovery start after 25 Dec and keep rising till 2-3 Jan from 1986.
Christmas is best time to start trading because all sell
member
Activity: 105
Merit: 10
December 31, 2017, 11:00:55 PM
Yes christmas and other holidays affect bitcoins price because on holidays its natural that we need skme money to spend.
hero member
Activity: 686
Merit: 502
December 31, 2017, 03:14:54 PM
On the eve of Christmas, money is withdrawn from the market to the real sector. This year, several exchanges have closed the register. This all served as a push to reduce the cost of bitcoin. In January, everything will recover.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
December 31, 2017, 03:04:02 PM
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
It seems that bitcoin for holidays will be low. And since February will begin to grow.

Last year, it was different. Bitcoin reached new high prices and it keeps on pumping unlike this year that keeps on increasing then stop and start falling quickly. I think bitcoin is not affected by the Christmas Holiday, expect for the people who maybe, sold bitcoin for money to be used in Christmas and also the New Year Celebration.

What are you talking about? Bitcoin almost had the same movement as last year. The last weeknof 2016 saw a decline in price under 1k usd and its understandable because christmas is a spending season. People won't be thinking about savings and investments until after christmas
sr. member
Activity: 546
Merit: 257
December 31, 2017, 12:00:00 AM
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
It seems that bitcoin for holidays will be low. And since February will begin to grow.

Last year, it was different. Bitcoin reached new high prices and it keeps on pumping unlike this year that keeps on increasing then stop and start falling quickly. I think bitcoin is not affected by the Christmas Holiday, expect for the people who maybe, sold bitcoin for money to be used in Christmas and also the New Year Celebration.
legendary
Activity: 2576
Merit: 1043
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December 30, 2017, 11:57:26 PM
This is just only an opinion for me. This past weeks, the price of bitcoin suddenly goes down and at the 12-13$k mark at this moment. Maybe because many bitcoin holders sold some of their bitcoin in order to spent for the holiday season. For me, this is the reason why bitcoin's price goes down. I expect too that the price of bitcoin will start to goes up again in the next year.
member
Activity: 119
Merit: 14
December 30, 2017, 10:13:10 PM
I think majorities of people sell there bitcoins for celebrating christmas.That is what my husband did last christmas,he spend his bitcoin for christmas .Even thought ,he know how much long to get bitcoin again .He indeed targeting for celebrating christmas loudly with family.
sr. member
Activity: 420
Merit: 250
December 30, 2017, 05:07:31 PM
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

My personal belif is christmas perios is the period where people buy gifts for their loved ones. Thus, they sell bitcoins to cash out. And the effect is negative this year.
full member
Activity: 217
Merit: 101
December 30, 2017, 05:05:31 PM
Yes it affcted because people sold bitcoins for the fiat money just to give valuable gifts to the loved ones.
sr. member
Activity: 868
Merit: 266
December 30, 2017, 05:00:30 PM
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
Even though I insist that it's though to the high fees and the South Korean threat of banning,  I think that Christmas option might be very true, most of the investors have cashed out some of their bitcoins for the Christmas season,  I even had to cash some of my bitcoins because of Christmas so am sure that maybe the reason why value is currently down after the New Year is over it will come back to normal I reckon.
member
Activity: 362
Merit: 10
December 30, 2017, 03:46:18 PM
I wasn't celebrated  Christmas because the price of bitcoin keeps dumping and i think bitcoin can make us great  and will give us what we want specially this  Christmas season. it's okay we will have  another Christmas season next year, just buy and hold!
full member
Activity: 364
Merit: 101
December 30, 2017, 01:40:04 PM
Christmas and New Year holidays uniquely affect the price of bitcoin in the direction of its decline. However, to date, the real problem for bitcoin and those holding it, have the disadvantages of bitcoin, which have grown so much that they make its normal use impossible. Bitcoin transactions hang for hours, not days. Commissions for transactions have grown to unprecedented levels. Already often, small payments disappear because they are being consumed by commission charges. It is these circumstances that are now causing the drop in the cost of bitcoin, since people are switching to the use of other coins. Demand for bitcoin drops sharply.
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