Topic: Christmas And BTC? - page 5. (Read 1932 times)
By the time of Christmas the bitcoin price drops so fast, maybe people are selling it for christmas but I'm not sure. I'll just keep holding my bitcoin for as long as I can.
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 does affects in some ways. Christmas season is the time where we spend a lot money on different necessities. So by this, the supply of bitcoin in the market increases because there are lots of people selling their btc. Also, the fact that bitcoin's price is falling, I'm pretty sure that there quite a few who'd be panic selling because they got carried away easily with the current movement of bitcoin. Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
Yes, it will have a significant effect. Because people will sell the bitcoin they save for their needs on Christmas and New Year's Day. But this is only a reasonable phenomenon and last year also happened the same thing. So you do not have to worry about the current phenomenon, bitcoin will return to normal price after new year.
I indeed agree with this insight. Christmas is a season where people are so busy buying all things for their gifts especially to children. Also this Christmas season is a season where I guess people will choose to spend their money. And it is affects bitcoin due to this season but then we don't to worry about it because it will surely return back to its normal price a months after this season.
Yes, it will have a significant effect. Because people will sell the bitcoin they save for their needs on Christmas and New Year's Day. But this is only a reasonable phenomenon and last year also happened the same thing. So you do not have to worry about the current phenomenon, bitcoin will return to normal price after new year.
I indeed agree with this insight. Christmas is a season where people are so busy buying all things for their gifts especially to children. Also this Christmas season is a season where I guess people will choose to spend their money. And it is affects bitcoin due to this season but then we don't to worry about it because it will surely return back to its normal price a months after this season. Its my first Christmas with bitcoin. Well, I guess Christmas season somehow affect bitcoin due to many expenses like gifts, foods, parties, outfits and travels. Most likely the demand will slow down and many will convert their bitcoins to their local currencies to spend for Christmas and new year. This season has seldom investors since they are allocating their money for the holidays.
Its definitely true that this coming Christmas holiday is a season where people are all busy in their life and they allotted their money in many expenses like of course gifts, foods, clothes and many more. And yes, this season also affects bitcoin status because of course the fiat that they intend to their investment is quite been used in this matters.
Yes, it will have a significant effect. Because people will sell the bitcoin they save for their needs on Christmas and New Year's Day. But this is only a reasonable phenomenon and last year also happened the same thing. So you do not have to worry about the current phenomenon, bitcoin will return to normal price after new year.
We should look for a reason of bitcoin decreasing in other topics like buy/sell 
I think Christmas it affects bitcoin with the price becomes low these days. The bitcoin price over dump these days possibly most converted into fiat for the preparation of this Season.
Its my first Christmas with bitcoin. Well, I guess Christmas season somehow affect bitcoin due to many expenses like gifts, foods, parties, outfits and travels. Most likely the demand will slow down and many will convert their bitcoins to their local currencies to spend for Christmas and new year. This season has seldom investors since they are allocating their money for the holidays.
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 christmas not affect to bitcoin directly but people sell their bitcoin to celebrate christmas maybe affect to bitcoin price. It make the price down.
All sell during xmas. Maybe go up hard again after 10th jan, fk know but i'm expecting a bigger drop then the current 16.9k
Bitcoin went UP last Xmas. This Xmas it go down to 11,000. 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
Theoretically not, because does the holiday result everyone sell bitcoins and other assets?Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
This is a ridiculous thing, obviously now almost all coins are experiencing the same thing, there could be a scenario behind this that we do not know.
I think many people have seen how well bitcoin has done and have cashed out to fiat to buy christmas presents which is a shame since they really should be spending bitcoin not cashing it out. We need the use to go up and thus the price. We dont need people cashing out for fiat. That is not the idea.
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 think that BTC price will be increased significantly in the middle of January, 2017. So I will buy BTC during its dump and then sell during the next pump
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
YES! just take a look at what people are doing they are preparing for the holidays so they will need fiat or cash lets expect bitcoin to drop because a lot of people are going back to fiat and its also a good time to buy bitcoin because the market is falling so we can expect after Christmas or at the day of it not only bitcoin buy all of investment will be back on tract of its pumping because people are thinking where can they invest the money they received in the holidays
Most people are now busy preparing for Christmas. Buying gifts 
Yes,christmas hollidays affect the price of bitcoin because most of bitcoiners sell their bitcoin thats why the demand drop down. But it will rise again because after a back to back expenses people need to earn money again.
You must also understand that for those willing to cashout their bitcoin, someone somewhere is the buyer of that coin. So you wanna sell your btc for Christian and new year party, go on and by January you buy back at a higher cost. But really people need to sell more bitcoins so as to make the price dip more and alts can boom for Christmas.. So I hope and pray more people sell their btc. Price is at $13485 as I write, let it dip more to 10bulks please..
But peradventure there is any country that eventually approve bitcoin before the end of the year, you will see a radical break out in the price to around 25 bulks
[ author=Ginos link=topic=2617780.msg26648435#msg26648435 date=1513757570]
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.
[/quote]
But peradventure there is any country that eventually approve bitcoin before the end of the year, you will see a radical break out in the price to around 25 bulks
[ author=Ginos link=topic=2617780.msg26648435#msg26648435 date=1513757570]
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.
[/quote]
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 that holidays like christmas and new year really affect on bitcoin price, cause in my opinion the people that have bitcoin will sell their bitcoin to the real money like USD cause they need money to buy accesories and gift for christmas and for new year too. but don't worry the price will go up after this holiday end.Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
Yes your idea can be true, however i think happened something more because I can imagine how many bitcoins had to be sold to make price lower for 7000)))
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 that holidays like christmas and new year really affect on bitcoin price, cause in my opinion the people that have bitcoin will sell their bitcoin to the real money like USD cause they need money to buy accesories and gift for christmas and for new year too. but don't worry the price will go up after this holiday end. Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
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