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Topic: Why does Bitcoin seem to always rally in December? - page 5. (Read 918 times)

jr. member
Activity: 168
Merit: 2
By this time next week bitcoins value could be back to 3k.

This is what I am thinking too.
member
Activity: 406
Merit: 11
I guess BTC is showing courtesy on the Investors as Christmas and new-year is near to us  Grin kidding anyways. May be some big Investors would have invested a huge amount and demand may be higher? However, happy to see the changes atleast by the end of this year.
copper member
Activity: 2968
Merit: 575
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My theory is that people buy it as holiday gifts.
Amuses me how stupid people can be. When price falls during the end of the year, people are like "oh they arae just cashing out their profit for Christmas" and some other weird stuffs. When it starts to rise, now you guys are saying "people buying it as holiday gift", like for real?
The fall and rise has nothing to do with holidays. Just read a bit more before posting something and making yourself look like an idiot.
sr. member
Activity: 742
Merit: 251
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maybe December became a special month as a bonus to buy at a low price and everyone hopes that the beginning of the year will be a fantastic price, this is just the prediction of everyone who doesn't necessarily happen
legendary
Activity: 2828
Merit: 1497
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Most of it depends on how people who are already are into using bitcoin feel about spending on it.
Being the end of the year most people have a look at their financial situation and assess what they can do with the money they have left for the rest of their fiscal end of the final quarter if that is where they end it which is most likely the case.
Once the big expenses are done with and all the Christmas buying frenzy is over then if they have anything of considerable value left over they would more than likely spend it on cryptocurrency as they view what they have to spend on it as residual income. And can be spent on what they like which is more then likely bitcoin.
jr. member
Activity: 378
Merit: 4
im not sure and not living in u.s but i heard it was about the taxes (for last year at least) maybe there are some regulations.
or psyhcology.we all think its going to rise on december so we all buy in december Smiley
member
Activity: 490
Merit: 12
I belief this is a mere coincidence as regards the price rally of bitcoin in December the most noticeable rally was is last year however this year was not bullish the recent spite in the price is just normal there is nothing special about  it can pullback to value lower than today"s high, although there might be some sign of recovery but not expected now.
copper member
Activity: 299
Merit: 1
You mean you don't know? No matter how bad it was it must moon 2 weeks to the birth of Jesus Christ so sit back relax and watch it fly to the moon
full member
Activity: 854
Merit: 115
My theory is that people buy it as holiday gifts.

Which December? It has just raised only from 3K to 4K! It is not enough for us. It has to rise more and more. Most of us still in loss! This December is not going well... We still are waiting.

right this is still cheap because we hope this year's price of at least half of last year or at least above 6000 is good. but now very far from this prediction is really bad
full member
Activity: 490
Merit: 123
Lol, gifts , do you even Bitcoin, bro?

IT defintely has nothing to do with gifts , altough it could make a cool gift.
I am thinking that this could have something to do with yeary financial factors like bonuses and vacation and spare time.
member
Activity: 462
Merit: 10
I think that now there is a small correction of the bitcoin market, after a long fall . The correction coincided with the Christmas and new year holidays, when people can give bitcoin as a gift .
full member
Activity: 840
Merit: 101
No. It is not always like that. Just like what is happening right now. Yes, the price might be up for a while but it is actually not doing any progress even though there is a slight change upward. You can't still call this as a rally.
full member
Activity: 644
Merit: 107
My theory is that people buy it as holiday gifts.

Which December? It has just raised only from 3K to 4K! It is not enough for us. It has to rise more and more. Most of us still in loss! This December is not going well... We still are waiting.
are you hope bitcoin will back to 10k until end of years.. Grin I think this increase will not continue. it's still possible that bitcoin will fall deeper again. so keep watching the market movements and don't be greedy if you have made a profit ..  .. Wink
full member
Activity: 616
Merit: 100
because the analysis many people befire they buy a bitcoin or investing in bitcoin they always see the analysis chart in the previous year, and we can see that the price of bitcoin and value of bitcoin always rise up in the december, in this situation in the december there are many people that will uy bitcoin for investing
full member
Activity: 546
Merit: 100
My theory is that people buy it as holiday gifts.

Which December? It has just raised only from 3K to 4K! It is not enough for us. It has to rise more and more. Most of us still in loss! This December is not going well... We still are waiting.
member
Activity: 560
Merit: 13
This happens every time no one understands how the price is pumping all of a sudden, yes this pump will rejoice back the happiness on short term investors. BTC is doing really well so far I hope this green trend will continue let's wait and watch.
member
Activity: 126
Merit: 11
Bitcoin does not always rally in December, this has only happened once, last December. This current growth can not be called a rally just yet.
Prior to 2017, the final quarter was usually met with price falls, especially during December.
If the price keeps going up, and settling at higehr supports, we might yet have a mini-bull run this year.
legendary
Activity: 1358
Merit: 1001
You"re saying that a lot of people are buying like gift cards to their loved ones for Christmas? Thats a great idea , a gift card with 50,100,200...usd worth of bitcoin and a list of shops where you can use it  Cool that should be like the normal usual thing and probably it will be in a couple of years.
full member
Activity: 688
Merit: 106
My theory is that people buy it as holiday gifts.
As we expected many people will tend to buy bitcoin as their holiday gifts so I think there will rising of demand. When it come of Christmas and Holiday some people really have huge amount of money. Your might correct but seems it will really happen.
full member
Activity: 1177
Merit: 102
My theory is that people buy it as holiday gifts.
Actually I can't see anything but I understand now real reason this moment Bitcoin holding and investment captions.this is the real think December will over soon but no have good news yet.today December 20 but I see have something changes Bitcoin price and going up 3900$.good can purchase and if value going to increase this month then I hope Bitcoin price again come back 15000$.then girts is confirm for the Bitcoin holders and investor.
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