Weekend disaster? | Bitcointalksearch.org

naidray

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Quote from: NorrisK on March 04, 2018, 04:12:19 AM

This has been discussed several times and every time you think there is a pattern, suddenly it starts rising before the weekend.

I think it tanks more then it rises though, so it may be worthwhile to try and profit from this.

It usually tanks for most of the cryptocurrency market. It may not be all of them, but virtually most of them usually tend to drop in value over the weekend. Some traders have always used it to their advantage and I have never missed it. Wait for Monday afternoon and you will be swimming in some good profit and you can just find other few ones that are yet to make move up and get into them. Been trading this strategy and trend for a while now.

Falling prices on weekend is not new and I really cannot say why except maybe some whales always like cashing out at weekends and coming back during the week to push the market back up.

I have always tried to pick the best prices from a market for the week by weekends and most times, this is the time I always get to see an oversold market and once the week gets in, i start seeing my sell order popping up on some of the alts. It is a trend for some time now, and I am not sure it is one that is about to end.

wxa7115

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Bitcoin is GOD

Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

I have not noticed that but that may be because I'm not a trader and I do not keep an eye as close to the markets as some people here, however if that is the case that can be easy explained by the habits of most people, in many countries the weekend is the moment to take some rest from your work so even if you are a freelancer or a trader those will be the days most will choose to take a break and relax.

talks_cheep

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Manipulation by whales and early adopters, pure and simple. They used to hide it pretty well but now it's like they don't even care.

aardvark15

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Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

I’m not sure what the reason is for this but the stock markets are closed on the weekends, so maybe more investors are paying attention to cryptocurrency markets on the weekend. That still would only explain higher trade volumes on the weekend but does not really explain why price tend to drop. I think it may just be a coincidence. It will be interesting to follow more closely though.

fulmetal08larz

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I don't think that every weekend is a disaster, it's just a coincidence that prices tend to drop but not that significant. The low volume being traded is due to traders needed to take some time-off and take profit for their expenses. It's not a big deal, unless news that affect crypto came out on a weekend. If you're seeing prices drop on any day, it is an opportunity to buy at a low price level you don't want to miss.

teilwalL05

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Quote from: Master Third on March 05, 2018, 08:57:15 AM

I do not think this is happening just because weekend is a time for people to make have some fun for they are free from school and working days and so they need money for that. This reason is not convincing, because people can sell their cryptos before the weekend for early preparation for their vacation. Also there are times that during week days bitcoin is decreasing. Meaning weekend reason is obviously illogical, so it is not because of this why the price decrease, maybe because of the law demand of other cryptos since majority are converted into bitcoin when transaction made through investing and trading.

I really don't think that every weekend were gonna see a price drop because In my opinion this is just a coincidence that in every weekend we can see a price drop, Particularly with these, I think it is just a fluctuation that bitcoin mostly do, And I really think this is not severe that we can always experience.

Dodoymabs

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Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

Yeah, I've noticed that trend and I think weekend is a rest day or some will be having fun. So, more will likely to dump some coins and this is why it happens. And also, this is how the market behaves so if you are a wise trader then maybe that is your chance to buy some coins.

Master Third

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I do not think this is happening just because weekend is a time for people to make have some fun for they are free from school and working days and so they need money for that. This reason is not convincing, because people can sell their cryptos before the weekend for early preparation for their vacation. Also there are times that during week days bitcoin is decreasing. Meaning weekend reason is obviously illogical, so it is not because of this why the price decrease, maybe because of the law demand of other cryptos since majority are converted into bitcoin when transaction made through investing and trading.

khufuking

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Quote from: magneto on March 04, 2018, 01:16:34 AM

Although it could be reinforcing its own pattern through past repetitions with no basis. ie previously it happened by coincidence, but after a few times in a row people had this psychological effect where they started trading the pattern, resulting in the dumps on weekends. Doesn't really concern the long term growth of BTC though.

I totally agree with this , it is just start by coincidence and then become a pattern , we all know that there is a lot of people use pattern to TA crypto market .

Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

I totally disagree with this , this is far far from disaster it is totally normal behavior in such a crazy market !

Wandika

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Quote from: Herbert2020 on March 05, 2018, 01:11:40 AM

Quote from: yo_mama on March 03, 2018, 11:23:23 PM

The most price drops tend to happen on weekends.

this is the keyword. although it is not literary "most" but it happens enough times for some people to start believing it is a thing.

Quote

Why?Ａny explanation?

i think we can try and come up with a lot of explanations but in the end i believe that it is not a real trend that is happening for real. it is more like coincidence and also sometimes possibly some expectation of a drop that causes it a little too.

as an opposing reasoning i can say that bitcoin is in a global market and it is 24/7 and people may even trade more on the weekends since for most of them this is a secondary job or even a hobby.

Since people have different characteristics and we are the main user of it, that's why it reflects too in our charts. It will stabilize only when the community agrees on one thing that might be impossible to happen.

Herbert2020

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Quote from: yo_mama on March 03, 2018, 11:23:23 PM

The most price drops tend to happen on weekends.

this is the keyword. although it is not literary "most" but it happens enough times for some people to start believing it is a thing.

Quote

Why?Ａny explanation?

i think we can try and come up with a lot of explanations but in the end i believe that it is not a real trend that is happening for real. it is more like coincidence and also sometimes possibly some expectation of a drop that causes it a little too.

as an opposing reasoning i can say that bitcoin is in a global market and it is 24/7 and people may even trade more on the weekends since for most of them this is a secondary job or even a hobby.

Reatim

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Quote from: yo_mama on March 05, 2018, 12:16:18 AM

Looks like this weekend breaks the pattern.
All major coins in green now.

Nice to see that the pattern was broken. Specially bitcoin and ethereum is making a good run.

Quote from: arpon11 on March 05, 2018, 12:40:53 AM

Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

I see this as not regular accuracy and some time bitcoin and others cryptocurrency do rise in price on both Saturday and Sunday. However, I can still connect the week price dropping to low volume and activities and not some technical issues. Bitcoin do reduce in volume because some traders may like to take some days off in other to have some rest from the market and this do cause some weak hand to sell off they coins at a cheaper price.

Yeah. After a week of working hard and trying to earn. Most of times people need to take a rest and unwind that why the volume is not that heavy during weekends and it can also be attributed to traders sell off and go back later when everything is back to normail.

batang_bitcoin

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Quote from: yo_mama on March 05, 2018, 12:16:18 AM

Looks like this weekend breaks the pattern.
All major coins in green now.

It did and most of the time weekends are totally making every coin into red but this week is different from before.

Quote from: ?? on ??

There is no special price change pattern for days, months or years. The market is so unpredictable. There are many different speculations and should not trust any of them.

This is just base on observation and many here did noticed and observed that during weekends the market is on red. Everyone is entitled for their opinion or prediction or any speculations that they are making as long as it is not a FUD and is valuable to the community.

arpon11

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Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

I see this as not regular accuracy and some time bitcoin and others cryptocurrency do rise in price on both Saturday and Sunday. However, I can still connect the week price dropping to low volume and activities and not some technical issues. Bitcoin do reduce in volume because some traders may like to take some days off in other to have some rest from the market and this do cause some weak hand to sell off they coins at a cheaper price.

yo_mama

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Looks like this weekend breaks the pattern.
All major coins in green now.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

no,for sure its just an isolated case nothings new about it.its just happen that this few months continuously every weekends has a drop.but if we look back this is a common happening that in weekends when more users cashing out for take home.

Quote from: PalindromemordnilaP on March 04, 2018, 10:02:27 PM

I think of it like the only days where small time or big investors to have time to look upon their crypto assets due to their schedules during weekdays. That prompts other crypto traders to prefer trading on weekends especially when they noticed that prices goes down every weekend so they can buy crypto assets at lower price during those days.

you got a point there mate,it didnt cros my mind but you had analyzed that,maybe right because those usets that working in real has no time to review their wins or loss

PalindromemordnilaP

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I think of it like the only days where small time or big investors to have time to look upon their crypto assets due to their schedules during weekdays. That prompts other crypto traders to prefer trading on weekends especially when they noticed that prices goes down every weekend so they can buy crypto assets at lower price during those days.

Beparanf

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Quote from: eagleman on March 04, 2018, 04:21:17 PM

Quote from: Lieldoryn on March 04, 2018, 03:52:33 PM

It's Sunday. It's day off. But we see that the price continues to rise.

It's family day? so there are investors who spent their weekend off together with their family and cutting some bucks off their BTC.

Quote from: Lieldoryn on March 04, 2018, 03:52:33 PM

The behavior of bitcoin is impossible to understand and predict.

True, there are also times that even it's not weekend there's a big slash and cut off to the price of bitcoin. It's situational and yet it is unpredictable so most of us are free to give any idea and opinion on what's really behind the small decrease happened but I wouldn't call it as a disaster.

I don't do trading when weekdays before and mostly do it when weekend come ,maybe this affect the market somehow. It depends if the traders were active or not. But I think most were busy taking break.

eagleman

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Quote from: Lieldoryn on March 04, 2018, 03:52:33 PM

It's Sunday. It's day off. But we see that the price continues to rise.

It's family day? so there are investors who spent their weekend off together with their family and cutting some bucks off their BTC.

Quote from: Lieldoryn on March 04, 2018, 03:52:33 PM

The behavior of bitcoin is impossible to understand and predict.

True, there are also times that even it's not weekend there's a big slash and cut off to the price of bitcoin. It's situational and yet it is unpredictable so most of us are free to give any idea and opinion on what's really behind the small decrease happened but I wouldn't call it as a disaster.

Siren

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Quote from: yo_mama on March 03, 2018, 11:23:23 PM

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

i guess this is only coincidentally happens,though somes are taking home the profit weekens so they needed to cash out.but its not that big enough to bring market down.so i believe that this is in connection of users not trusting bitcoin about the issues of high fees and delayed transaction,which lightning networks doing some actions

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