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Topic: With Chinese New Year at our door, will the price rise? - page 3. (Read 341 times)

full member
Activity: 588
Merit: 106
I do not think that the Chinese New Year is so important for the course of the cryptocurrency. This is a contrived factor to play by the price
member
Activity: 406
Merit: 11
Until the end of time
Yeah it is believed that the rise will rise more when they go back to work and start investing and trading again. So we expect more green days march beginning .
full member
Activity: 364
Merit: 100
Hello everyone!

So, with the new year of dog at our doorspetps, do you expect the price of all the coins to rise? Or at least the major ones? I have written some articles in the past month, where i was pointing out Chinese New Year coming up as one of the factors of the decline. The reason for that was, that Asian people will spent a lot of money in this time, so not really buying crypto, eventually going out from crypto for a while to have some FIAT for spendings and so on.

With the New Year here, we can see increae in the price already. I don't really think that this is a coincidence! What price do you expect now? How fast do you expect everything to rise?

I am expecting slower pace for BTC, which will be really good for the altcoins, as they can increase their ALT/BTC price, which in the end can increase their $ price much faster.

yes of course if the chinese new year is over certainly will be a lot of buy bitcoin again and hopefully this can trigger the rise in price of bitcoin and altcoin other.
full member
Activity: 294
Merit: 102
Well so far this year chinese new year is the main uplifting news that comes in cryptocurrency,! I think this new year has a remark with the rising estimation of all cryptographic money and I read some article too saying some great things that may occur in crypto in light of this chinese new year
full member
Activity: 630
Merit: 103
Hello everyone!

So, with the new year of dog at our doorspetps, do you expect the price of all the coins to rise? Or at least the major ones? I have written some articles in the past month, where i was pointing out Chinese New Year coming up as one of the factors of the decline. The reason for that was, that Asian people will spent a lot of money in this time, so not really buying crypto, eventually going out from crypto for a while to have some FIAT for spendings and so on.

With the New Year here, we can see increae in the price already. I don't really think that this is a coincidence! What price do you expect now? How fast do you expect everything to rise?

I am expecting slower pace for BTC, which will be really good for the altcoins, as they can increase their ALT/BTC price, which in the end can increase their $ price much faster.

I believed that the Chinese New year will influence a little the rise of crypto currencies but not in to magical or superstitious way but more Chinese Crypto enthusiast will believed that this year will be a lucky year for them that they will buy more crypto currencies and invest more so i think because of their positive mental thinking the result will be in favor for crypto investments in which it will help to increase the buying demand even in a little margin.
jr. member
Activity: 714
Merit: 3
Chinese New Year is today, February 16th and the crypto market is holding its breath until the date passes. Coins are maintaining their status quo by rising gradually. We await better turnout soon.
member
Activity: 462
Merit: 13
I do not think it is an outright fact that the Chinese new year would bring about a decline in the price of coins or altcoins and neither do i think it can totally influence the rise. Everything is based on predictions. Nonetheless, if the Chinese choose to now go for fiat during this festivity, other none Chinese can keep the market running at a good pace. Regardless of that not everyone that participates in the Chinese new year would sell all his major coins to go for fiat, there might still be other options left.
full member
Activity: 196
Merit: 100
Hello everyone!

So, with the new year of dog at our doorspetps, do you expect the price of all the coins to rise? Or at least the major ones? I have written some articles in the past month, where i was pointing out Chinese New Year coming up as one of the factors of the decline. The reason for that was, that Asian people will spent a lot of money in this time, so not really buying crypto, eventually going out from crypto for a while to have some FIAT for spendings and so on.

With the New Year here, we can see increae in the price already. I don't really think that this is a coincidence! What price do you expect now? How fast do you expect everything to rise?

I am expecting slower pace for BTC, which will be really good for the altcoins, as they can increase their ALT/BTC price, which in the end can increase their $ price much faster.
This is not the main reason for the fall and rise in the price of coins. The effect on this is very minimal, just like bitcoin and the other coins went up very well and came an obvious decline. And now the growth of bitcoin has already started, we hope that soon the price for alts will fall, too.
legendary
Activity: 1946
Merit: 1137
regardless of this new year thing, i can say that the dumping and panic sells are over. we are not entering a new phase starting with bitcoin. if the price of BTC keeps rising and stays above $10,000 then we can expect better days for the whole market as bitcoin rise slows down the money flows into altcoins to pump them and then goes back to bitcoin.

if this new phase can't stand (which is unlikely in my opinion) then we may see a new phase of dumps instead where everything will be in red again and dumps may even become more severe.
jr. member
Activity: 97
Merit: 6
I don't think the new year was the main reason of a down trend. First of all the market needed this correction. Coin were going up to fast. Second is infrustructure. A lto of new people tried to get into crypto and exchanges were not ready for that. The third but not the last is governmental FUD. We heard a lot of good new on regulation, but most people in crypto fears regulation and any government actions and spreads FUD.

Now infrustructure is almost ready for new users and news are getting better. So we can expect the market to grow.
member
Activity: 152
Merit: 18
Czech/English translator for ICOs
Hello everyone!

So, with the new year of dog at our doorspetps, do you expect the price of all the coins to rise? Or at least the major ones? I have written some articles in the past month, where i was pointing out Chinese New Year coming up as one of the factors of the decline. The reason for that was, that Asian people will spent a lot of money in this time, so not really buying crypto, eventually going out from crypto for a while to have some FIAT for spendings and so on.

With the New Year here, we can see increae in the price already. I don't really think that this is a coincidence! What price do you expect now? How fast do you expect everything to rise?

I am expecting slower pace for BTC, which will be really good for the altcoins, as they can increase their ALT/BTC price, which in the end can increase their $ price much faster.
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