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? - page 2. (Read 455 times)
If the holiday could really affect the price, than the bitcoin has to raise. Similar to gasoline at the first day of holiday.
Bitcoin's price is very unstable and does not depend much on the period of the year.
BTC value much more depends on news coming from China, banks (JP Morgan), other altcoins, confirmation time and fees etc.
So, even if BTC price change around Christmas, the main reason will not be an upcoming holiday but other issues.
BTC value much more depends on news coming from China, banks (JP Morgan), other altcoins, confirmation time and fees etc.
So, even if BTC price change around Christmas, the main reason will not be an upcoming holiday but other issues.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
I don't think that will have any effect on bitcoin price. Yes some people might convert some bitcoin to fiat, but that will probably be a mistake, so people should hold their coins. I really see bitcoin as digital gold, so it's a store of value asset. I don't own gold, but if I did, I wouldn't withdraw gold to buy presents. Store of value assets are the for you to store your funds and just use them for emergency or to transfer it for any other sort of investment. Buying goods with it, is not a very good option, because it will probable result in overpaying for the stuff you just bought.
I think bitcoin will be used as a way to buy goods, but not right now because it's still to volatile. Let's wait or it to become an asset first and then we can use it as a currency as well, as it becomes more stable. CME futures, and ETF's will definitely help bitcoin in that way, so let's wait for that first.
I think the price will drop a bit and will stabilize soon on the next day because I am sure Bitcoin prices can reach very high prices and be able to stabilize well in the coming time. If on Christmas day everyone will sell some BTC to get the best Christmas day then everything will be back.
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
Traditionally, the holiday season is the time to splurge and so there is a big possibility that many Bitcoin holders would be encashing their share into fiat money for spending purposes. But then again, we have to remember that Bitcoin loves to go against the odds so we could not be sure if this time it can be following the traditional route or it would be making a history on its own. Let us wait then what will happen. Personally, I can see that Bitcoin would be stabilizing from now on in the range of $7,500 to $8,000 and that any surge can be reserved for next year. Now, if the CME's futures can officially start before the year will end then it can be that big impetus for Bitcoin to surge ahead so we should be watching developments on that area.
Based on the price history of bitcoin, I don't think so. People would probably be selling some for the holidays, but expect some to buy too due to Christmas bonuses and such. If it were to rise or drop in price though, I believe it wouldn't be even a bit significant. Unless we receive new FUD on December though.
It is a interesting topic, will people cash in there bitcoin to buy presents? I do believe the price might drop a little bit, but I dont think it will be very dramatic. I mean, if you are investing in bitcoin and need the money to buy things then you are not a very smart investor.
Yes, a lot of people like to buy bitcoin before and after christmas. I don't think the price of bitcoin is going down too much. Maybe it's a reasonable price now, and it shouldn't be low at Christmas
I am already winning lots of bets on: 'Is this title made by a user with a paid signature?' 
Well that would depend on individual economy and the constant use of it. But in the global setting the rate would definitely remain the same
Most of Us love to buy during Holidays like Christmass and new year, Do you expect Bitcoin will drop, and at how much?
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