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Topic: Christmas And BTC? - page 7. (Read 1932 times)

full member
Activity: 214
Merit: 101
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December 21, 2017, 01:56:07 PM
Trading activity will be slower over the holidays and traders can a break. The price movements are not necessarily inked to that. The recent dive is due to profit taking. Nothing goes up in a straight line.
newbie
Activity: 21
Merit: 0
December 21, 2017, 01:54:34 PM
Happy Christmas day and it is nice indeed on Christmas day!!
member
Activity: 406
Merit: 20
December 21, 2017, 01:45:46 PM
Christmas is for sure one of the many factors that affect bitcoin's price. It's for the fact that people during this time of year will surely sell some of their bitcoins for cash. Cash that they will use for food, decoration, gifts, and etc. Demand of bitcoin during this season is low therefore it's only natural that its price will go down. But once Christmas and New year are over expect it to rise. If you like to invest in bitcoin. New year is the best time to buy it.
full member
Activity: 322
Merit: 101
December 21, 2017, 01:36:10 PM
Some may use bitcoin to buy gifts, order foods online so it may affect the price of bitcoin
full member
Activity: 350
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December 21, 2017, 01:32:00 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

Yes it is, I'm no expert though but I think every events and holidays affects bitcoin's market just as any other market charts too since people tend to be more generous in spending and more in need of money in these certain occasions more people will most likely sell their bitcoins thus affecting the market.
member
Activity: 128
Merit: 10
December 21, 2017, 01:25:10 PM
I think many people could sell bitcoin for christmas gift and the price down, this could be a good moment for invest because after the holidays the price will grow again
sr. member
Activity: 364
Merit: 250
December 21, 2017, 01:00:39 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

I don't think holidays changes much for bitcoin because exchanges are open 24/7 regardless of the holiday and bitcoin is so widely adopted across different countries, continents and cultures that any individual holiday wouldn't have much of an effect.
full member
Activity: 384
Merit: 106
December 21, 2017, 12:56:59 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
Maybe yes. A part of it maybe affecting the rise of the price of Bitcoin since many people are now busy preparing and focusing their mindset into the upcoming event and also they are busy travelling in out of town vacations so many consumers and even the potential investors are out to rise up the demand making the price a little bit low while Christmas holiday is approaching. But maybe after the event, the price will soon to go back in normal.
newbie
Activity: 2
Merit: 0
December 21, 2017, 12:55:43 PM
The day traders will exit the markets for the holidays. The independent traders will continue to do what they do.
member
Activity: 235
Merit: 11
December 21, 2017, 12:53:48 PM
I think christmas affects bitcoin because some of investors become busy and have an another buying. So bitcoin will not be the priority but let us expect after christmas the bitcoin value will become higher again
newbie
Activity: 17
Merit: 0
December 21, 2017, 12:47:01 PM
you can give me an Xmas gift...ummm, let's say ... a Bitcoin  Grin Grin Grin BTCBTCBTC
full member
Activity: 476
Merit: 124
December 21, 2017, 12:27:20 PM
There is a possibility that the holidays affect the price of bitcoin, it happened on the day before the thanksgiving as well. Probably, some of the big investors are taking a grand vacation elsewhere so it's possible that they have cashed out for their expenses, and we may see a bloodbath because of massive selling and FUDs all over, therefore, panic selling occurs. For me, this is called a Holiday Sale of BTC and alts, so, I will grab the opportunity to accumulate more.
member
Activity: 393
Merit: 10
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December 21, 2017, 12:08:24 PM
At the end of the day because now I have a lot of money and I've had a lot of money in bitcoin because since january I hold my money here in bitcoin and now I have money to use my family for money and I can help we need to come to the christmas but i think it's just a bitcoin start and they just buy and hold it so goodluck and hopefully next year also make you like me.
full member
Activity: 294
Merit: 100
December 21, 2017, 08:56:57 AM
actually holidays or Christmas does not affect the price of bitcoin in the past few days, especially now that it's coming to be Christmas and new year that we notice that the price of bitcoin drops at almost 16,000 USD per 1 bitcoin but in the past few days almost 20,000 USD per 1 bitcoin so my friend advice does not mean trading or other about bitcoin for the time being.
newbie
Activity: 43
Merit: 0
December 21, 2017, 08:21:22 AM
I don't know how widespread this will be this year, but I can imagine, as Christmas gifts for your children, grandchildren,  and nephews/nieces, that one bitcoin (or even a fraction of one) would (if held), pay for a car as well as college, with any luck, when they get older.
full member
Activity: 413
Merit: 105
December 21, 2017, 08:20:16 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
In my opinion, it really is the reason why the market value of Bitcoin at this moment is falling. Chances are high that it is because of the increase on the level of transactions of people who are selling their Bitcoin which makes the demand low. We should not worry about it and we just need to patiently wait until its market value again, increase.
full member
Activity: 251
Merit: 100
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December 21, 2017, 08:17:43 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 am very glad that before the christmas come,the bitcoin is still in its peak that bitcoin users are selling and buying bitcoin for their future.  And I think Christmas, New Year, Holidays etc cant affect the price of bitcoin.
member
Activity: 168
Merit: 10
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December 21, 2017, 08:14:54 AM
The impact of Christmas and holiday on the special currency market is very small. I think this Christmas will stabilize at the present price. After Christmas, bitcoin will continue its strong trend.
I agree with you since not all have the same move this holiday season. Some may sell parts of their bitcoins to add their budget for gifts. Some may also buy from the bonuses, 13th month pay and from the cash gifts they also received. It may affect but it will not be felt that much.
full member
Activity: 462
Merit: 100
December 21, 2017, 08:14:20 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 don't think so. The holiday season, heck even a plain day, doesn't quite affect the entirety of the price movement of bitcoins. This is because a lot of people would be thinking of even buying more btcs and hodling. The christmas season is but a small movement, or even close to a negligible movement.
member
Activity: 168
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
December 21, 2017, 08:08:44 AM
I think, Christmas or not, every step we make in bitcoin will somehow affect the price. Many are now probably making their own steps to buy the gifts they will be sending to their loved ones and one way to buy as many gifts as you can, they will tend to sell their bitcoins for cash. Some may have received bonuses and their 13th month pay or probably also received cash gifts from others, they will probably also buy some bitcoins.
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