Why does Bitcoin seem to always rally in December? - page 2.

FlightyPouch

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Quote from: duoduoshigexiaozhu on January 02, 2019, 08:23:25 AM

This is not always the case. In most of December last year, the market was red, and the rising market was only short-lived, so in general, last December was still a downhill market, we should not just see the green market and ignore the red market.

We don't know how will the price moves but all we know is that there are o ly two options of movement, it is either the price will pump creating or generating more profits that might go over the reigning ATH or another dump that might be lower to the lowest price of the year. But despite that dump, lets look at it at the good side, a lot of people would be able to invest at that time thus making the price rise again.

maldini

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Quote from: HopeHK on December 19, 2018, 05:47:00 PM

My theory is that people buy it as holiday gifts.

I think when the beginning of the year bitcoin will experience a strong enough push, because the turn of the year is a very surprising moment.

Quote from: CryptoMobster on January 02, 2019, 08:49:07 AM

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200

Puts a lot into perspective.

like the thread above, explaining when the beginning of the year will tend to increase compared to the previous year

Valer4ik

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All according to plan. We are going to 1-2k in January-February 2019. But not everyone will be able to wait until then before the new cycle. Many will merge at the bottom because all kinds of loans, cars, apartments, repairs, and just a loss of faith, because it will be hard to wait.

In all forums breaking, well, when, when growth, well, when when when when ..... we're here now all that ....

You read and simply fucking from such that everyone thinks that the cue ball or another crypt just has to grow and grow, and if it doesn’t grow, then it’s angry banksters or porridges or reptilians.

Funny comrades, how flat is the majority understanding of the situation.

We must learn from the manipulator how to plan and use a super plan (known to all) and not keep all the eggs in one basket, then everything is clear and relaxed

nebuch

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Quote from: HopeHK on December 19, 2018, 05:47:00 PM

My theory is that people buy it as holiday gifts.

What a very simple thoughts of bitcoin ups and down scenario! December is not always the season of pump. In somehow bulk run occurs once big whales allow to make it happen. A little bit more to convince myself of what whales can able to do with regards to bitcoin manipulation issue.

duoduoshigexiaozhu

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This is not always the case. In most of December last year, the market was red, and the rising market was only short-lived, so in general, last December was still a downhill market, we should not just see the green market and ignore the red market.

Golftech

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Quote from: cybernetik7 on December 31, 2018, 09:00:44 AM

Figures at 4k is very promising for the price of bitcoin in near future but it is too early call it as a rally. For the fluctuations that we have seen, this peak may called as a correction. I think, legendary Decembers that we have seen may be lasted for a few years.

We can't call it rally some of the investors are trying to make an exit plan so they will be able to pumped a little price and make the public to move after, they will dumped right after some movements are showing bringing some good value to their bagholdings.

Gaileenale

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Quote from: cybernetik7 on December 31, 2018, 09:00:44 AM

Figures at 4k is very promising for the price of bitcoin in near future but it is too early call it as a rally. For the fluctuations that we have seen, this peak may called as a correction. I think, legendary Decembers that we have seen may be lasted for a few years.

Yeah, it's too early to talk about next to-the-moon, unfortunatelly. The time will show the strength or weakness of the cryptomarket.

angelinafrancis

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Quote from: kamBlanV on December 19, 2018, 06:17:50 PM

yes, every year some people choose to sell BTC for Christmas and holiday gifts, they make the BTC market fall.

I think, this becomes an activity every year, and can't be avoided, and at the end of this year, I predict that 60% of crypto users choose to hold their assets.

me also think so

cybernetik7

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Figures at 4k is very promising for the price of bitcoin in near future but it is too early call it as a rally. For the fluctuations that we have seen, this peak may called as a correction. I think, legendary Decembers that we have seen may be lasted for a few years.

Periodik

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Quote from: HopeHK on December 19, 2018, 05:47:00 PM

My theory is that people buy it as holiday gifts.

There is no such fixed pattern. Well, the last couple of years is a testament to it. Last December saw a very aggressive bull run in Bitcoin and even to so many altcoins. The rally was so strong that its correction was also very strong. This year's December is definitely one very different case. While there was some growth to the prices, there was no huge rally. There was no single bull showing its horns.

kaisa

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This is a public lie, logically an increase based on market sentiment or market manipulation. So there is no rally here, even I don't see that this is a reversal, we will see a long sideways.

emberbekas

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Quote from: HopeHK on December 19, 2018, 05:47:00 PM

My theory is that people buy it as holiday gifts.

Indeed, there are people who buy bitcoin as a gift at December, but I think the number will be far less than those who sell bitcoin to buy gifts. The price can up and down at any time and I don't think December will always give a good rally. Compared to what happened last year, this December is very different.

superstarbtc

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December rally is sentiment for crypto traders but in this year December we are witnessing low prices because of the bear market so we can say form this year bear market sentiment on dec is just like normal months

joeperry

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Telegram: @jperryC

Quote from: Daper on December 19, 2018, 06:05:45 PM

Just a slight uptick in price and it's already declared a rally .... Grin

the stupidity and ignorance of even the most basic understanding of real world economics is so rampant on this forum.

Savage. There are a lot of people here in the forum in every tick of the price no matter how big or small it is they give it a useless theory.

You know why the bitcoin uptick in December? Because most of the people needed a fiat (physical money) more than crypto to get ready for holidays because in real world only few shops only accept bitcoin and that's what investor took advantage of and that's why it upticks a little.

sHeRiLyN1618

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No banking,Only Bitcoin!

December is now different from last year showed more greatness with its high value. But currently the value of Bitcoin is currently reversed back to low prices.

speeder

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Leading Crypto Sports Betting & Casino Platform

Well i think that people use more often BTC in this holiday season.Even for gifts or for vacations or i don't know but this year BTC idn't increse that much and i don't know what to expect from next year.

jubilarian

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I saw that Dec is the time to people sell their own bitcoin to fiat for holiday. Let's see bitcoin's history, market always falls in Dec.

bxipp

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It was market manipulation who make bitcoin spike in the end of the year. it got nothing with an event or they got bonus at the end of the year. It was whales strategy to push bitcoin going up and make it spike. This year we got no push from a big whales so the price still at the same currently. No change at all.

Kakmakr

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Nope, most people get their bonus in the festive season and some of them are wise enough not to spend it all on holidays and Xmas gifts, so some of them spend it on Bitcoin investments and this is why you see a rally in the price in December.

December 2017 was a exception, because that spike was not as a direct result of any bonusses being spend on Bitcoin investments, but rather price manipulation from a bunch of whales and speculators. Angry

MiiDoViic

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Quote from: devinks on December 31, 2018, 12:12:02 AM

Quote from: reynald70 on December 30, 2018, 10:48:35 PM

At the moment I am very worried about the price of Bitcoin, very worried if Bitcoin next year will experience a very drastic price decline, because that can happen, because no one can predict the price for now. Hopefully by the beginning of 2019 the price will be green and so on.

rest assured that in the next year bitcoin will not be like this in 2018, most people hope that in 2019 bitcoin will grow slowly and the price will start to rise. just need to be patient and wait until what will happen.

Not a fact ! Bitcoin could still go down in 2019 or stay at these prices , just because it was growing consistantly in the pas few years doesn't mean it will continue growing . Bitcoin need more stability , the volitality of it might be attractive for people who are looking to make fast money .however, it's a quick way to lose your money and get depressed too.

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