What is the reason for Bitcoin's price increase in the end of the year?

Tapyaks72

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Quote from: basyang on November 01, 2018, 06:01:26 AM

Quote from: Anamika143 on September 04, 2018, 05:38:40 AM

Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

Actually I think the reason for Bitcoin price increases in the end of the year is its the time that people choose to sell their coins because they want to have money before the year ends. There are lots of money we need in the month of december because its christmas and we celebrate it in a long season. And it is also a year were lots of projects closes their target market that is why the price of bitxoin suddenly rise.

Actually bitcoin price will increase its value because people will buy bitcoin during their bitcoin specially when they travel because there are lots of people optedt to use bitcoins when traveling rather than bringing dollars or fiat currency and besides the are lots of countries accepted bitcoin.

basyang

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Quote from: Anamika143 on September 04, 2018, 05:38:40 AM

Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

Actually I think the reason for Bitcoin price increases in the end of the year is its the time that people choose to sell their coins because they want to have money before the year ends. There are lots of money we need in the month of december because its christmas and we celebrate it in a long season. And it is also a year were lots of projects closes their target market that is why the price of bitxoin suddenly rise.

Mhd-Bobbi

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Quote from: Anamika143 on September 04, 2018, 05:38:40 AM

Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

In the middle of the year it's not visible, maybe by the end of 2018 it will be seen, but no one can guarantee, because no one knows the end of bitcoin, the decline in market prices is the end of the bitcoin situation, and hopefully by 2019 these prices continue to rise.

trako

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year-end is important for real sectors. year closures new targets and similar issues are held during this period. rate and proportion. new steps are taken and the market moves. so this crypto is also affecting the stock exchanges. we had a nice development last year but it was not like we expected this year. so the market is not ready for the end of the year. even if it is a rise it will not be a very healthy rise.
It happens shortly.

darewaller

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Quote from: Anamika143 on September 04, 2018, 05:38:40 AM

Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

Because people are not doing much during winter and they do not spend money on stuff as much as they spend on summer so they usually have leftover cash.

For example, during summers you go out to a place, have a dinner, maybe go out to drinking, maybe see a show, go to vacation and all that. However during winter you go to work and you go home, which means you save money. This is one of the biggest reasons why bitcoin goes up during winters because people have leftover cash to invest into bitcoin and another big reason why the price goes back down during summers because people cash out and spend it on vacations.

alinalovedoogie

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Perhaps end of the year is the new beginning for the common people like us. Also, the top driving factor behind bitcoin’s price increase, especially in the last few months has been wider mainstream awareness and acceptance. I believe there are other reasons why tendency of increasing the price of bitcoin.

BTalarmus

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By the end of the year, the bearish price trend, which dominates throughout 2018, should end. This will be facilitated by the ever greater legalization of bitcoin in different countries of the world and the tenth anniversary of its creation.

Aleshia696

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Bitcoin lost more than 7500$, which is both depressing and shocking for some people. I personally think the miners are responsible for it.

phpartisanmaster

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Quote from: Anamika143 on September 04, 2018, 05:38:40 AM

Bitcoin is the most popular precious currency in the online exchange market. If you look at the statistics of the past year, end of the year it is seen that almost every year the price of Bitcoin increases and the market volume is also very high.

But it is not seen in the middle of the year. But why does this happen, have any reason?
Will the same statistics be seen in the end of 2018?

In my own opinion, the reason for the market price to pump up again is the legalization of cryptocurrency on other countries so we can expect higher prices in the future.

iMark

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Quote from: ce7mee on September 08, 2018, 01:00:00 AM

Price can be rise or fall. Both can be happened. There is no reason to say surely for rising price in the end of the year. Not every time it will be a coincident. So let’s wait and see. Future will show us what will happen.

Yeah anything can happen, many people speculate that prices will rise at the end of the year because they see price changes in
previous years that always rise at the end of the year so they think that the price is likely to rise at december, lets wait and see

salinaangel

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There's plenty of reasons on why the prices keeps falling. I will accuse the exchangers. Some exchanges bitcoin with other coins. This can be the reason for it.

zazarb

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I am not sure if the price went up in this year, but in the past years generally speaking, all markets were a profitable year.
So, at the end of the accounting year people got Christmas bonuses, dividends, etc. Simultaneously Bitcoin's knowledge reaches record highs, and therefore due to its rising popularity people will be tempted to invest into this market.

coppied

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I dont think there is any particular reason for the price to rise at the end of the year. Maybe, it's been down for a long time and people started investing much than before and it got more popular. That's the main reason I think.

SladderyNewS

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Well bitcoin is always volatile so no one actually knows what is the reason I guess. But I think at the end of the year people might invest some money in the bitcoin which they saver through out the year and that's why the price increases at the end of every year.

MetalCoinMTC

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I don't think it will happen everytime or every year. But i think the holiday may have some effects on this thing. Maybe because people get some extra money this time and invest more.

ce7mee

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Yeah i have also noticed this thing. I am also thinking about this and it looks like most of the sectors of investments have some boost at the end of the year.

A S Valentina

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But you can see that the pattern is different. Last year the boost was great but this year it is kinda slow. Still hoping for the best. Lets see if bitcoin can break new milestones this year.

kayakcrypto9875

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Actually I don’t think there is any specific reason for this. It’s just usually happens and maybe investor’s are following the trend. But we can’t be so sure about what is going to ne happened. It’s really unpredictable.

Jacklowo

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Quote from: Labyrinth Wraiths on September 08, 2018, 06:32:59 AM

A lot of the people believe that the prices usually rise at the end of the year and that is when they start to buy and invest in them. They believe that there seems to be a pattern but in fact it is just a belief. Nevertheless, as long as the prices increase, that's all that matters.

It's kind of tradition that the price of bitcoin gradually increasing at the end of year maximum time.
That's why people beleive that and predict the price will up at the end of the year.

Labyrinth Wraiths

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A lot of the people believe that the prices usually rise at the end of the year and that is when they start to buy and invest in them. They believe that there seems to be a pattern but in fact it is just a belief. Nevertheless, as long as the prices increase, that's all that matters.

Topic: What is the reason for Bitcoin's price increase in the end of the year? (Read 2059 times)