Christmas And BTC? - page 8. | Bitcointalksearch.org

Thecryptocurrency09

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Quote from: DRAWDE_3691 on December 19, 2017, 09:42:26 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 Christmas affects the value of bitcoin. This could be for some reasons like those who manipulate it turns out to be busy as well. Same goes to the users of it got some holiday things and preparations to do. Afterall, systems won't work without its peopleware. Its all up to the people behind it and people after it.

virendarnagpal

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For Christmas celebrations some people may be selling parts of bitcoin in case they need extra money for celebrations and are unable to meet these expenditure from their other regular sources. On the other hand some people may be buying it specially during this period. People engaged in this profession or investors may be lucky as they may be gifted with few gift coins as Christmas gifts. But there should not be much effect of Christmas on the prices of bitcoin because people do not sell their investments in large amounts for such petty issues. Many people waiting eagerly for bitcoin as Christmas gift.

Zakhal

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I love crypto

Why would they sell? They should give bitcoin as a gift during Christmas instead of spending it on useless crap.

lionheart89

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the increase or decrease in bitcoin prices depends on how many investors sell their bitcoins. seeing christmas is a very special day then investors will sell bitcoin to give christmas presents to his family. but after christmas bitcoin will rise again.

gueme

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Miracles are flowing on Christmas Eve and you can see for yourself https://btctosanta.com

mathiaslivis

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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.

GREATLOVE

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Quote from: DRAWDE_3691 on December 19, 2017, 09:42:26 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 think they are going to make it low in Christmas because it's selling time. Yes! Because Christmas is a season of sharing thats why there are many investors who will going to sell. There is always effects when it's season.

Zakhal

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I love crypto

If Bitcoin does not start to grow again there is a chance that it drop towards 10k. In the long run its still good to hold. Its true potential is yet to be revealed.

Kobro

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I think this is the right time, Christmas is the time to give and many people will sell their Bitcoin to buy some presents to celebrate Christmas together

jaaeeeyyyy

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I think it affects that people would spend their bits to buy for a gift or their claiming the investments they had. Decreasing of demand also affects the bitcoin and the large number of seller would. I think it is a perfect time to buy bitcoins because of low pricing. Like in reality the law of supply and demand affects when christmas is near.

abamatinde77

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maybe on christmas is a day that hard to withdraw bitcoins.. cause, they do withdraw for their christmas events too many pending withdrawal coming..so if ur going to withdraw some bitcoins for ur christmas withdraw it right now..

commanderbitcoin

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Quote from: DRAWDE_3691 on December 19, 2017, 09:42:26 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

Usually bitcoin end the year with a bang.Even if others are selling bitcoin for their celebration and needs i don't think it would affect much because demand is still higher the expected seller. There are new investors who are always willing to catch your bitcoin if you sell it. History will just repeat itself. Maybe there would be a deep on first quarter next year but it will be temporary.

salihno71

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Well, Christmas is time for giving and many people will sell their bitcoins in order to buy some gifts, this might influence the value to a certain extent. But i'm not sure that the amount of sold assets in bitcoin will be sufficient to influence the price. So you can expect the drop in price but as it seems it's mostly due to the Bcash and not to the Christmas.

natka

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Today, the sale of bitcoin will increase as many people will want to sell bitcoin to buy gifts for Christmas and New Year. And because bitcoin again grows in price.

Peashooter

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Quote from: Nilda on December 20, 2017, 01:50:53 AM

Most people are now busy preparing for Christmas. Buying gifts, attending parties, etc. I myself did a lot of profit taking to be able to celebrate the holidays in style. Would love to give bitcoins as a gift.

I absolutely agree that, most of the people become busy and its of christmas holiday. Most of the people are busy in preparing in christmas gift. In addition to that, I really love to get bitcoin as a christmas gift and I wish I could get bitcoin in christmas because it is one of my wishes.

yonjitsu

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www.daxico.com

Events can affect bitcoin's value most especially worldwide events like Christmas. People (investors and holders) are using their bitcoins for the holiday's celebration and even before Christmas eve, some bitcoins are spent already for Christmas presents, food, wines and spirits, parties and even gift (bitcoin as gift literally) so you can expect a dip of bitcoin's value.

I think bitcoin's value will rise again after Christmas.

zeingrind777

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Quote from: DRAWDE_3691 on December 19, 2017, 09:42:26 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 think christmas and new year affects the fall in bitcoin prices. the reason is that bitcoin prices depend on market demand, when it comes to Christmas and New Year's celebrations, people need cash to spend on Christmas gifts and gifts. So, they sell some of their bitcoin for Christmas and New Year's Eve.

Edsemen

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Quote from: chuckblocker on December 19, 2017, 09:44:57 PM

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

Well in my understanding christmas and btc will be affect with the value or the year, as we observe the value is pumping and dumping but think clearly it pumps bigger than dump so the value will more pump in christmas up to new year, I maybe don't know what the curse to make the value pumping but for me it pumps if many people trust this one and use as daily and also for the other group of campaign which has fully success their project so that in affect with bitcoin it will boom.

hughjays77

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Quote from: Nilda on December 20, 2017, 01:50:53 AM

Most people are now busy preparing for Christmas. Buying gifts, attending parties, etc.

Pre-Christmas sales are a "normality", they often happen also in the stock exchange (the effects are lighter). Something we have already seen, with bitcoin going from 19.5k to the current 16.5/17k. I expect to see a further decline these days, also because many people will take the profits from the hype of altcoin.

XaurumGamma

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What a question Jesus Crist... Cheesy

No xmas will have no affect on BTC.

Topic: Christmas And BTC? - page 8. (Read 1932 times)