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Topic: Christmas and the year end holidays - page 2. (Read 426 times)

legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
December 13, 2018, 04:32:52 AM
#10
even if price went down it wouldn't be because of Christmas and end of the year. it would have to have other more serious reasons. specially because are not talking about a regular drop like from $7k to $6k. at this point we are talking about a huge drop to below certain major buy supports that are extremely hard to break!
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
December 13, 2018, 03:21:18 AM
#9
in a few days again, we will meet with the year end holidays and Christmas.

I talk about crypto users, especially about those who still hold BTC assets.
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.
and what do you think about of December this year?
in my opinion, this December will have the same cycle with December 2017, so that BTC will fall again to $ 1500.
For me, I think if there is big sale the demand will increase there is tendency that the price will go up or go down. And, I guess falling down of bitcoin around $1500 will possible to happen but most of us not want to happen it. The cycle that I want is when the price of bitcoin will go up like happen last year December 2017.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 13, 2018, 02:39:01 AM
#8
the interesting thing about this speculation is that so far I have not met a single person who has sold his bitcoins for Christmas, or any other holiday seasons. but people keep insisting they are doing it. so let me ask the starter of this topic this, have YOU sold your bitcoins because it is close to Christmas? how much did you sell and why did you do that, didn't you have money already that you had to sell bitcoin for money?

if the answer is no (which is my expectation) then why do you think others are doing what you yourself didn't do?
legendary
Activity: 1946
Merit: 1137
December 13, 2018, 01:45:56 AM
#7
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.

i don't think you want to say what you are saying! "like December 2017" means price is going to shoot up from ~$8k to $20k? because that is what happened last year by the end of the year during Christmas time.

in my opinion, this December will have the same cycle with December 2017, so that BTC will fall again to $ 1500.

why? and how did you come up with that number? do you think bitcoin is some pump and dump shitcoin that gets pumped from $1000 to $20000 and then dumped back down to its initial value? because that is what bitcoin is going to be  considered if we reach that low a price!
legendary
Activity: 1806
Merit: 1521
December 13, 2018, 01:30:39 AM
#6
in a few days again, we will meet with the year end holidays and Christmas.

I talk about crypto users, especially about those who still hold BTC assets.
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.
and what do you think about of December this year?
in my opinion, this December will have the same cycle with December 2017, so that BTC will fall again to $ 1500.

Is it just me, or is everyone predicting the same thing? The only variants are whether we're dumping to $1,500 or $2,000 or whether it's this month or next month! People got really bearish, really quickly.

I don't think the holidays are (or ever were) a major motivation for selling. There's no general rule about December either. In 2010, 2011, 2012, 2015, and 2016 December closed as a green candle.
legendary
Activity: 3038
Merit: 2162
December 13, 2018, 12:47:35 AM
#5
in a few days again, we will meet with the year end holidays and Christmas.

I talk about crypto users, especially about those who still hold BTC assets.
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.

No, it's not, whenever something like that happens, it's just a coincidence. There's no mechanism that would consistently lead to such price movements, the price is driven by traders, and traders absolutely don't need to sell their assets in order to buy presents for holidays, lol. With Bitcoin, it's better to ignore all the "logical" price patters, Bitcoin price movements are very unpredictable, sometimes you just wake up and see a 20% change and people just can't cope with it, so they start inventing explanations.
hero member
Activity: 3038
Merit: 634
December 12, 2018, 06:03:18 PM
#4
People are cashing out for holidays? is this what you wanted to hear? Everyone has been predicting that bitcoin tend to fall to $2,000 and $1,500 so that's why you're also predicting that?

This December will be the same as 2017? what you're saying that it will fall to $1,500 is contradicting of what happened last year. Don't forget that Dec.2017 was the time when bitcoin rushed to the ceiling and reached its all time high.
member
Activity: 420
Merit: 10
December 12, 2018, 05:54:55 PM
#3
I think small investors do not affect the market. Bitcoin may grow slightly by the new year. I think by January 1, Bitcoin will cost $ 3500-4000. But it is not exactly  Grin
hero member
Activity: 3052
Merit: 651
December 12, 2018, 05:30:31 PM
#2
They say history repeats itself but at this rate it looked like users who are looking forward for December 2018 pump wont happen.

It is a good thing for me. It makes bitcoin very unpredictable again. Dont want the analysts telling themselves they are right so I am against that flow. Maybe February should be the next pump month. Just to annoy them.

Dont really care much for I know that time will really come. Just dont know when.
full member
Activity: 812
Merit: 101
December 12, 2018, 05:25:05 PM
#1
in a few days again, we will meet with the year end holidays and Christmas.

I talk about crypto users, especially about those who still hold BTC assets.
like December 2017, big sales for holidays and Christmas are one of the factors that make BTC fall.
and what do you think about of December this year?
in my opinion, this December will have the same cycle with December 2017, so that BTC will fall again to $ 1500.
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