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Topic: Why is it when the year will be over there are always talk about the price (Read 398 times)

full member
Activity: 2324
Merit: 175
After the big dump by the miners this is the best subject to talk and the price that we are going to reach before the yea's end, this dump will surely have a big effect on the price and everybody is now ready to make a new predictions, many people have already predicted another all time high, but because of this dump things are now changing and so are the predictions.
STT
legendary
Activity: 4102
Merit: 1454
I wont really validate the whole idea exactly but there is a change of sentiment to the price as we progress through the year.    Its also true in main market that the autumn or fall can be a time for selling, for something like BTC where half the world is not in autumn but spring I'm not sure how that makes sense but the world and even crypto has some dollar bias perhaps.
  Post labor day is the bell toll usually and of course if someone wants to say its nonsense thats fine but its just experience over many years people do pick this up as not a random thing.   The other thing to mention is holidays, there is a definite influence from certain holiday periods as it will mean less volume perhaps.  Same could be said of tax dates perhaps, funds trading in BTC have to report quarterly results and so on.   But generally I have a target for each year and I expect a peak and a pullback or profit taking from that peak, I've said the whole year for 2020 even before we began it that I think we come full circle.  I never thought we'd sell that hard but a couple did, I think thats mostly over but going down to 9000 is quite normal imo.
legendary
Activity: 2464
Merit: 1102
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
There is also weekly as well if you want to focus on that? There are tons of chart readers and TA people that actually check weekly as well hell some of them actually do it on daily as well but daily doesn't give proper information and data you are looking for even if you do 5 minute chart intervals. Which is why hourly intervals on weekly changes are actually the way to go for most of these people. They check the MACD and they can check everything else and they see weekly pressure points and if it is under 200 or over 200 or whatever they want to check and I believe it is quite understandable.

If you do not like the yearly people who check their situation on the long term, just go with the day traders and see how they are doing, they do check a lot quicker than yearly which could work for you.
jr. member
Activity: 119
Merit: 6
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
I also have my own predictions and I keep most to myself it's become a year-end habit for all of us here to comes out our prediction, it's like a summary of all we've gone through and the market, many of these predictions are contradictory, some are FUDS some are shills and hype, but we all agree in one thing and that is Cryptocurrency is all here to stay.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
The "Ber" madness especially December when bitcoin reached 20k USD.

It's stuck.
It is written in bitcoin's history and I think many people are expecting it to happen.
Every time Ber months come there will always be hope to reach that number again. Then, there are those who bought at that amount who are still expecting ROI.
Also, they think it is the time where people have lots of money. Well, I doubt that now since there is a pandemic.
legendary
Activity: 3052
Merit: 1188
I believe it is easier that way, people just focus on the yearly returns because that is what the fiat world is like as well, that is why it must be simpler. Plus when you do this according to calendar year, you can compare to previous years as well, you can have yearly lows and yearly highs and you can have yearly averages, you can calculate which year was better and which year was worse.

We can sit here and all agree that 2017 was the best year ever while we can also say that 2018 was the worst year right after that as well, 2019 wasn't bad neither. I still hope that 2020 is better than all other years, unfortunately it doesn't look like best year ever but I hope that it at least becomes the second best year after 2017 because that is a hard one to break.
full member
Activity: 1330
Merit: 147
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
At least it can be made as an encourage by most people out there who still reluctant to buy bitcoin. As much as prediction/speculaytion are made there will be many people who still believe that bitcoin will always have a chance to increase its price. You will feel like that if you have bitcoin, moreover with most investor out there who have a lot of bitcoin then he they will have a high target to gain a profit. If bitcoin grow and being accepted by most people in this world, although there are a lot of investor who sell their bitcoin there will be also who buy it.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Seriously what would others expect? For example would you like to see people talk about what the bitcoin would be around 18th of June? Does that make more sense to you? How about 3rd of December? I mean it does make sense that people talk about end of the year when they are making these calculations. Plus this is not just a bitcoin or crypto thing, this is a whole business thing and finance thing, everyone talks about yearly profits and quarterly at the same time, those are the things that came to crypto world from the regular world, not something we created ourselves.

Otherwise we wouldn't probably make it yearly, we would probably find the date when bitcoin was first launched and was available to public and we all would take that and calculate depending on that date.
sr. member
Activity: 2436
Merit: 343
They/We are not seeing the future trend of crypto that why they/we live this thing and speculations. I don't think this is a hyping tool and drag people to believe it because we all have different market insights, and not also a thing to rely upon. if their reason is to manipulate the market pricer and then sell their bags once it surges, it is actually their idea but I don't believe that it is only enough.

I know you have your own insights and we either not bothered to hear it also. We'd respect those people being optimistic, unrealistic speculations, and it is just us if we believe it or just ignore it.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
When December arrives, everything increases, in fact the demand increases in the market, and because of this speculation may be in favor, purchases come, gifts, all this leads to think that bitcoin may rise in price, Since the last ATH of Bitcoin happened in December 2017. My prediction is that I think that this end of the year will be better in price of Bitcoin than the price of last year.
The December 2017 thing was a onetime thing, even Novembers are like that, those are one time thing in the 10+ years of crypto existence, go check out each December in the past 10 years and you will not see mostly going up all the time, you will see that it is either going down or staying same or at the very best case it is going up just a bit like it goes up every time.

If there is one thing that is certain in the crypto world is that after few months passes in the year, the price goes up, every year around late spring to early summer the price goes up, that is a lot more consistent than the regular price increases on December, that rarely ever happens. Just because it happened once doesn't mean that it will happen every year, so do not get your hopes up about it every year.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
When December arrives, everything increases, in fact the demand increases in the market, and because of this speculation may be in favor, purchases come, gifts, all this leads to think that bitcoin may rise in price, Since the last ATH of Bitcoin happened in December 2017. My prediction is that I think that this end of the year will be better in price of Bitcoin than the price of last year.
full member
Activity: 1750
Merit: 118
exactly . they wont predict the price if they dont have business on here but  they predict anytime not only before year ends but the popular time for predictions is before year ends because this was the time where the price make   make alot of change . people are predicting thier highest price for every coin  .

not all that predicts are sellers or are going to sell because not all that predicts are pointing on the increase of the price .
legendary
Activity: 2534
Merit: 1338
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
For the most part people look at the progress in the price in quarters and the most important of all is the fourth quarter which is the end of the year, this is important because if we have this market ending in a good note with the price going up and positive news all around the market there is the possibility that the next year is going to begin with a good note too, and that is what we all want, so the attention given to the end of the year is completely justified and if anything it could be even bigger if you ask me.
sr. member
Activity: 2030
Merit: 269
It's more of a recap on what's we've gone through all these years and the end of the year is the month that we want to look back and analyze the prevailing market condition, that have happen all the whole year, and we are ecstatic when we hit the price goal that we always wanted so expect to have more before the last day of the year.
hero member
Activity: 1722
Merit: 528
I think we are all excited about Bitcoin's future.
 
It is always the same with other things too, people predict what will happen this year, what might happen and what should happen. The year is not even ending and there are a lot of predictions and speculations being thrown. Price, adoption, and even technologies that might be used, I think we all are wanting to peak what the future of Bitcoin holds, I think we just wanted it to have a better future.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Maybe yes? Who knows? But I doubt they would specially when market isn't in good condition for somebody to sell their bags on. Well, predictions by the end of the year on the other hand seems pretty normal. And yeah, you already answer it, it is for the hype itself though. But it is not that bad in my opinion, as it will generate more people to join this industry  Grin.
Do you have your own prediction?
Nah. I'm not fond of prediction stuff or anythin', as it won't matter at the end of the day.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.

Do you have your own prediction?
In my own opinion i believe that in 4th quarter usually people has more extra money to invest in,while in December there are more withdrawals than investments because the investors are taking out their money to wait for dump in the middle or second quarter of the year.
Maybe because to note the record for this year performance. Last bull run it happened on the end of the year and that was really unexpected by a lot of people. You can see that many users holding coins have gotten some pretty good fortune and now that the year is closing to its end. There are some who are expecting a lot of the same events that will occured again.
Bullrun happens when the last quarter enter of 2017 and end up in December so maybe this will happen the same now since the Halving happens 2016 but the effect is after a year.
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Im not expecting though but Im hoping there would be a good run this year for the market. My portfolio is loaded with different coin that Im hoping to have some gains of course bitcoin included.
actually the run already started sine we are now staying in more than $11 ,ooo and happens to surpass the $12,000 recently.
legendary
Activity: 2758
Merit: 1228


Because people want to know on what will happen next year since its a fresh start of the year and many people want to see some things happen on crypto and I find this one as healthy question ask since we will have a good talks regarding on the state on next year, but don't listen easily since somehow there are guys out there predict to much and we should stick to the closest figures since we need to see the last price touched to see the provable digits for next year.

Although the market price has no season people like to see the price at the end of the year this is to compare the price in the past at the same time of every year, this is where they get their indication if the quarter of the year will give them good profit, the end of the year prediction is where people are excited and people are even betting I have a friend who always wins betting the closest price every end of the year.

Right because we all feels excited for the fresh starts that's why we see so many speculation coming when the year ends and it also the hype bring more curiosity since some instance gives hope especially when the pump or bull run happen on 4th quarter of the year.
legendary
Activity: 2268
Merit: 1379
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Maybe because to note the record for this year performance. Last bull run it happened on the end of the year and that was really unexpected by a lot of people. You can see that many users holding coins have gotten some pretty good fortune and now that the year is closing to its end. There are some who are expecting a lot of the same events that will occured again.

Im not expecting though but Im hoping there would be a good run this year for the market. My portfolio is loaded with different coin that Im hoping to have some gains of course bitcoin included.
legendary
Activity: 2506
Merit: 1394
Price really matters for them.
Or maybe they are just excited to dump their bags? Hmmm not a good move.
But these kind of actions are normals, especially when you have Bitcoin and you use some of your hard earned money to buy Bitcoins.
Predictions are everywhere, even people who don't own Bitcoin, they also predict and talk about the price of Bitcoin.
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