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Topic: Will Valentine's Day affect BTC? - page 16. (Read 1281 times)

full member
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Trphy.io
February 01, 2018, 09:21:36 PM
#28
I dont think Valentines day will affect the market and btc price. However, Chinese New year is only a few days away from Valentines day, and Chinese people take Chinese new year really seriously. Means mostly go on vacations and probably won't be trading much in those days, and that means probably taking out cash for such occassions. So let's see how this goes in the next few days.
full member
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February 01, 2018, 09:14:56 PM
#27
We just don't know because if we look back bitcoin's graph last Valentine's Day, the graph shows a normal and steady bitcoin price. But i am not saying that what happened last year's VD will repeat this year for bitcoin may rise or it may fall deeper.
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February 01, 2018, 09:11:53 PM
#26
Haha, what an interested topic here!
i think the valentine days not affect much for bitcoin value.
if they buy gifts for valentine in BTC, let see how much they use it.
If they use much bitcoin to spend in valentine, then surely will increase, the bitcoin price
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Activity: 94
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February 01, 2018, 09:06:01 PM
#25
I think Valentine's Day affects bitcoin to a great extent because Valentine's Day needs to buy gifts, you need money to buy gifts, bitcoin needs to be sold, and Bitcoin markets fluctuate.
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February 01, 2018, 08:54:17 PM
#24
In fact, I think there is a better way is to send girlfriends bitcoin on Valentine's Day, Christmas and other festivals, so as not to affect the price of bitcoin, but it may also be your girlfriend can not accept the virtual currency as a gift.
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February 01, 2018, 08:36:28 PM
#23
Well, the valentines day is one of the most expensive occation in for the couple actually also to the student who are  having a partner. This can be affect of bitcoin because, a lot of investor is having a partner , so that many investor will cashout thier balance on thier wallet and the price of bitcoin will dump again.. I hope , who have a partner i want to suggest that dont withdraw all your money on your wallet you can do unmaterial thing to celebrate this valentines day..
legendary
Activity: 1484
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Personal Text Space Not For Sale
February 01, 2018, 08:29:13 PM
#22
I've to agree with those with say yes here. Any world wide events (be it Valentine's Day or the upcoming Lunar New Year) will definitely affect Bitcoin.

I remember making a topic a in 2016 (or probably just a year) back asking if Lunar New Year will affect Bitcoin or not. Many people replied with negative remarks (Bitcoin price will drop) but it actually turned out to be the opposite*. (maybe @marcuslong is referring to 2017 Lunar New Year - which I don't remember the market).

*I'm not a professional trader and I do not know if it was because of Lunar New Year or some other events that happened during that period.
legendary
Activity: 1036
Merit: 1002
February 01, 2018, 08:02:08 PM
#21
I'm really curious if market pump celebrations affect BTC and how?❤❤❤

I think yes, Valentine’s Day will affect Bitcoin. Because Before Valentine’s day, Some people are trying to cashout and sell some of their Bitcoins. And the demand is getting low. Like Chinese new year, Bitcoin has been decreases because China has a lot of Bitcoin users and earners. These Chinese sold some of their BTC in order for them to have money during the celebration. And for valentines day, Boys will buy some chocolates and other things for their Loveones.
sr. member
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Binance #SWGT and CERTIK Audited
February 01, 2018, 07:49:56 PM
#20
I'm really curious if market pump celebrations affect BTC and how?❤❤❤


I guess it affects bitcoin a little bit but not that too much because valentine's day is not that important holiday to celebrate. It may cause a little change of bitcoin price in the market but it will not have too much impact in its price.
legendary
Activity: 1218
Merit: 1007
February 01, 2018, 06:50:13 PM
#19
I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Probably not. There is not that many girls that use Cryptocurrency, and not a lot of people that have Bitcoin have Girlfriends.
I laughed, thanks for that. One of the few good situational humor scenarios that are actually funny on this forum.

Going back to OP's question, though, there's likely going to be no change to Bitcoin over Valentine's day since there is simply nothing that would move it in either direction or at least nothing substantial. Valentine's Day doesn't really affect Bitcoin in any significant manner since there's nothing significant about it for the market. No anniversaries, nothing is planned to happen on that day, there are no businesses that are trying to do something with Valentine's Day and Bitcoin in the same sentence, among other things. It wouldn't make sense otherwise.
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Helios Protocol https://discord.gg/cpzAEMB
February 01, 2018, 06:38:44 PM
#18
Oh come on  Cheesy

The only holidays that may have some effect on the crypto space are Christmas and New Year when people tend to have large expenses. Valentines day is pretty much a Halmark holiday at best so I am guessing zero effect.
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Trident Protocol | Simple «buy-hold-earn» system!
February 01, 2018, 06:25:51 PM
#17
    I think valentines day will Not affect bitcoin industry. It is not like christmas and new year that everyone put a lot of expenses that's why they sell bitcoins. Valentines celebration is not really a big deal. Not all people celebrate it and i dont think if anyone sell bitcoins just to buy flowers and gifts for their loveones. Well it is just a little expenses and it will not affect bitcoins.
sr. member
Activity: 560
Merit: 250
February 01, 2018, 06:33:50 PM
#17
I guess that it affects btc because so many people wish to buy something for their girlfriends and if they have made money on trading they would buy something special which results on decrease of the market cap and volume at the same time by deceasing the price.
member
Activity: 685
Merit: 14
February 01, 2018, 06:11:30 PM
#16
If only part of it alone, Valentine's Day celebration in my opinion will not affect it, unless there is something unexpected ...
The world wide many hacking issues are occur in the Bitcoin and altcoin this make the huge dump in the market. But Still all the news are said the future it will raise slowly. In particularly some news are March 1st week it will reach 15k USD because many rumours are spread in this forum. Keep hold the cryptocurrency is best way.
full member
Activity: 630
Merit: 100
February 01, 2018, 06:09:19 PM
#15
valentine's can only affect if bitcoin holder sell their coin to buy gift for girl friends.if more and more bitcoin sell due to valentine's day,the price will change certainly.But this chance is really really low.
Some big celebrations like Christmas and new year can affect bitcoin prices, but if valentines day I think less influential. As you say, it could happen if most bitcoin owners sell it to buy gifts. But, this is not as big as other celebrations, not everyone celebrates.
member
Activity: 280
Merit: 71
February 01, 2018, 05:50:14 PM
#14
Well Valentine's Day probably will affect bitcoin price but I dont believe that it is going to be a mass effect. People need money to buy presents but why should they buy expensive presents to their girlfriends instead of holding. They can buy small gifts Smiley
Zrs
sr. member
Activity: 299
Merit: 250
February 01, 2018, 05:47:20 PM
#13
valentine's can only affect if bitcoin holder sell their coin to buy gift for girl friends.if more and more bitcoin sell due to valentine's day,the price will change certainly.But this chance is really really low.
full member
Activity: 546
Merit: 100
February 01, 2018, 05:40:24 PM
#12
I think yes valentines day will affect bitcoin. Because many of use are going to be busy during that day. And that day the investor will be lessen because they are use their money at buying some flowers and chocolate for their love ones. And because they have some expenses they are going to encash some coin because they are out of budget. I had read that most of bitcoiner is millenials or at teenager stages so more possibilities that most bitcoiner will celebrate a heart's day. So the valentines's day will affect the bitcoin's price.
full member
Activity: 658
Merit: 108
February 01, 2018, 05:35:37 PM
#11
There are many important things which are happening. The whales who are manipulating the market and news and rumors. Why should valentine's day affect the market? Do you know how much is the total market cap even after prices fall?
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 01, 2018, 05:32:03 PM
#10
I'm really curious if market pump celebrations affect BatC and how?❤❤❤
Market pump?I don't think so since this is just a non major holiday where I cant see a reason why would be the price will be affected on it. As we all know price being affected due to supply and demand and occasions like these might be just an add up but not fully an indication that these would really affect price movements. For some occasion like news then its possible.
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