If the holiday could really affect the price, than the bitcoin has to raise. Similar to gasoline at the first day of holiday.
It will rise surely by Holiday, we might have a Christmas give, since Im planning to put my 13th month on btc, i think it was not only me whose planning it, more newbies might start on December too. to start there savings. 
Topic: Will Bitcoin drop during the upcoming Holidays? (Read 455 times)
I wish it will not happen because this coming holidays many expenses for sure so I hope bitcoin price will not drop because we need to have extra income this coming holidays.
Well,for me holidays will not affect too much in bitcoin industry,even we know during holidays like christmas we spend a lot of money to buy goods we need for christmas.The bitcoin price is changeable but i think it will not drop down this coming holidays because behind the expenses people still thinking how to gain profit or to earn money so,they still invest not just selling all their bitcoins in the market. And bitcoin price is still high and maybe it will increase this holidays because of the demand and supply.
That's what happened last year when btc dropped to under 1k during the latter part of december. Its normal since people will be spending and even holders may be shelling out quite a lot of bitcoins
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
I'm not quite sure. We cannot tell but in my opinion, Bitcoin will continue to soar higher before this year ends. There are lots of bad news about Bitcoin this past few months but despite it all, Bitcoin continue to grow and increase its value. According to the experts, there is a higher chance that before this year ends, Bitcoin might reach its all time high value of $10000.
I think a lot of people will take money out to fiat to buy fires for relatives or go to trips)
I suppose it won't be impacted too much because I would doubt anyone is cashing in much if they're converting to fiat. I doubt that people are pulling whole bitcoins or remotely close.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
Yes but it will drop not too low just some correction from its recent rally, why? people have their money they will think where to invest their hard earned money and bitcoin is one of the smart investment to make because of its high capital appreciation the price of your investment now might double in a few months so im also expecting a dump of its price when there's demand there will also one who will sell from its fluctuations these are the traders and few individuals who are playing with the price of bitcoin.
I wouldn't count on it. I think in 2013 when BTC went down from an ATH in December people connected this with holidays, while it wasn't the reason for the drop. The failure of Mt.Gox and their fake trading was. The economy remains stable during holidays. Some people sell to buy new clothes and gifts for their children, while others buy to give cryptos as gifts.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
Bitcoins price is very unstable and no one could predict if its price will rise in the peak season,where bitcoiners have different plans on that time,some value more on investments,they tend to invest the money from their bonuses on that time and some will spend their BTC to give presents to their loveones.We can't assure how much percentage that people want to invest or to sell their bitcoins on during christmas season.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
It depend on people to people and I don't think we all love to buy things by selling our bitcoins during holiday, not when bitcoin is pumping hard like 7x within one year.I think price will remain constant at well over $7k during end of this year or at even high price range but there wil be quite big pump on first few months of next year.
I think the Bitcoin price will increase when demand for bitcoins increase during Black Friday. A lot of people will want to buy
specials during this period and this will push up the demand for bitcoins. If people use the coins that they are hoarding, then
the price will go down. {increased supply on exchanges} These two might cancel each other out, but I think the latest bump
in the price might feed a "buy" frenzy, because people will take profits.
specials during this period and this will push up the demand for bitcoins. If people use the coins that they are hoarding, then
the price will go down. {increased supply on exchanges} These two might cancel each other out, but I think the latest bump
in the price might feed a "buy" frenzy, because people will take profits.
I don't anticipate the holidays have much of an effect on the price. I'm predicting we'll run up to 10k by end of the year then stick around that level for a while.
Holidays usually won’t cause BTC price to go down significantly. It is usually the fuds that cause the price. I notice there is fuds almost every month, hopefully there won’t be any in December.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
No I think bitcoin will not drop during the upcoming holidays. I believe it would really be higher this coming holiday since people would really be needing money this coming holidays. I think it would really be in a more higher value than before.
For USA holders who want to sell, the tax on gain for sales in December will be due in April 2017.
If held until January, the tax is not due until April 2019.
It is certainly a consideration for me.
If held until January, the tax is not due until April 2019.
It is certainly a consideration for me.
I don't think it will happen. Most of bitcoin holders are keeping bitcoins as a long-term investment. They won't sell their bitcoins for such invaluable things.
Yes I want that to happen, but whether the bitcoin price will now be able to come down again. Currently the price is starting to rise and there is likely to continue to rise until the end of the year, Maybe we can choose another coin.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
Well for me of course just like the local type of industry when peak season people tend to raise the value of goods in holidays which is negative for us, hwre in bitcoin the negative effwct is we will twnd to hold bitcoin cause its our lost.
Most probably long holidays likes the upcoming one will require a lot of money and based from experience a lot of selling especially in the stock market happens to have an extra cash to fund their holiday spending. Now I have not observe the priced last year dropping due to the holidays but I expect that their will be a profit taking a week or two before the holidays come in. I might be wrong because they might sell other things outside of the cryptocurrency market and it really depends on how the market will flow during that time.
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