Pages:
Author

Topic: Is market down due to Eid of muslims? - page 9. (Read 1184 times)

member
Activity: 532
Merit: 15
June 16, 2018, 05:39:22 AM
so, you are spreading some conspiracy theory that affects two communities 1) bitcoiners 2) Muslims - please try to understand that your freedom of speech must not hurt anybody. If it does, it's not a freedom, its a crime. Please try to grow up a little and act like a grown person.
full member
Activity: 155
Merit: 100
June 16, 2018, 05:26:20 AM
why ied mubarak linked to the fall of bitcoin prices, before its coming ied mubarak bitcoin prices have gone down, maybe its a lot of news tilted so bitcoin down, or just maybe many parties holding the price of coins make bitcoin be very step it also can make the price fall Smiley
jr. member
Activity: 207
Merit: 2
June 16, 2018, 05:24:53 AM
I think the crypto currency market has fallen before EID MUBARAK. And the decline in Bitcoin prices has nothing to do with EID MUBARAK. The fall in the price of Bitcoin in my opinion because of the increasing number of issues or bad news that is not good for this Bitcoin, which causes the decline in Bitcoin prices. And this for me is a natural thing with the fall and rise of the crypto investment market.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
June 16, 2018, 04:58:16 AM
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?

I'm sorry but that is ridiculous. People usually don't store the money in bitcoin they would need to use the buy the gifts, also I don't think bitcoin is big in Muslim world.
member
Activity: 264
Merit: 11
June 16, 2018, 04:22:23 AM
this is really funny but in as much as we have muslims in this forum i don't think they are the cause of the fall in price of bitcoin. Cryptocurrencies are volatile so the fluctuating price of bitcoin is expected at some point in time.
newbie
Activity: 154
Merit: 0
June 16, 2018, 04:06:02 AM
The current drop is nothing to do with the Muslims its more on the manipulation of the whales. Let’s not connect every event to the fall of bitcoin or any other cryptocurrency remember that this market is drive more on the negative news and the weak emotion of a new investors.

Let's not put any doubt to the Muslims Eid, we all know that bitcoin is volatile and many have trusted here why should we make anything that can make it rise and the whole users can benefit in here I know there's people hiding behind to have a kind heart and stop thier manipulation.
newbie
Activity: 84
Merit: 0
June 16, 2018, 03:53:26 AM
very imposible Idul fitri be the reason for the decline in the price of bitcoin because when Idul Fitri all the goods even more expensive and actually up and down in the world of commerce it is very ordinary even has become like the right and left
full member
Activity: 203
Merit: 100
🤖UBEX.COM 🤖
June 16, 2018, 02:33:35 AM
I think the price drop has nothing to do with ied mubarak, please read the clarification why the bitcoin price goes down, please do not discuss religious issues here Smiley
newbie
Activity: 37
Merit: 0
June 16, 2018, 02:02:15 AM
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?

You have a good argument. however, did you study about this? I mean before you take a suspicion you need to back up your argument with data. So, where's your data now?

Check my other replies to this thread you would find the data
newbie
Activity: 28
Merit: 0
June 16, 2018, 01:50:34 AM
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?

You have a good argument. however, did you study about this? I mean before you take a suspicion you need to back up your argument with data. So, where's your data now?
sr. member
Activity: 686
Merit: 250
June 16, 2018, 01:44:11 AM
I actually feel that ied makes Bitcoin prices stability and even tends to increase. after the last week happened-price decline then the current price has started to show a positive thing. During the holidays this time also turns out a lot of Bitcoin transactions, it seems there are many withdraw against FIAT. I am optimistic after this long holiday then Bitcoin price will be able to increase again.
full member
Activity: 490
Merit: 100
June 16, 2018, 01:41:19 AM
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
what on this world did that question came, of course not! i dont see any connection to that, this price drop sure has a lot of factors to consider but its not because of eid.
sr. member
Activity: 1148
Merit: 300
June 16, 2018, 01:35:37 AM
I think that the downturn market has nothing to do with the Muslims celebration of Eid. The primary reason of the market falling is due to the governments negative attitude towards bitcoin and cryptocurrency in general.
Yes i agree on that we cannot put the blame on EID Muslims. Because the bitcoin price is not depending on any celebration or anything else on our community. It depends upon the volume of the investors and investors is  depend on the bitcoin feedback so then if we can see that the price is now falling I think it is all because of some negative issue on the feild.
jr. member
Activity: 251
Merit: 2
June 16, 2018, 01:30:08 AM
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?



For additional information to newbie,  organization or religion will no longer connect to bitcoin so all changes and transformation of price of bitcoin is not because of that celebration. try to research in different site like google and you tube about  bitcoin and also her in bitcoin forum you learned a lot about  the good benefits of Bitcoin.
jr. member
Activity: 322
Merit: 1
June 16, 2018, 01:26:31 AM
I really don't agree with the subject thread topic, it's nothing to do with a Muslim celebration of their festivity regarding any market drop of crypto currency. This bear market are just part of the adjustment period of cryptocurrency where it can happen at any time or any day due to the volatility of cryptocurrency.
member
Activity: 392
Merit: 12
June 16, 2018, 01:16:49 AM
I think that the downturn market has nothing to do with the Muslims celebration of Eid. The primary reason of the market falling is due to the governments negative attitude towards bitcoin and cryptocurrency in general.
full member
Activity: 406
Merit: 100
June 16, 2018, 01:09:54 AM
I don't think so. Everybody loves withdrawals and spending in their families and loved ones. The market runs on a theory of supply and demand and also the existing volumes. It's all the market cap which keeps the volume intact and also moves in the direction of trend or volume. Hence I would suggest, let's not make this matter sensitive and blame somebody for price drop or rise.
newbie
Activity: 168
Merit: 0
June 16, 2018, 12:53:21 AM
#99
I don't think so. Currency is a midden of exchange. When some event comes up circulation of currency in increase. which ensure the involvement of more people, it works like an advertisement. So I think "Eid of muslims" will makes more coverage.
member
Activity: 252
Merit: 71
June 15, 2018, 11:54:12 PM
#98
I don't think thats the reason.
By the way 'EID MUBARAK' to everyone.
full member
Activity: 308
Merit: 100
June 15, 2018, 09:25:02 PM
#97
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
I also think so. They will sell their bitcoin for buying gifts for their loved ones. It will affects the market and as a result market gets down.
Pages:
Jump to: