Yeah it was like just the same as the 20k downhill in 2017. It isn't anything new to Bitcoin now because obviously everyone's gotta take their coins off and buy something for the mean time. I sold some of my BTC, to be honest. I could celebrate Christmas late, but meh I ain't used to it.
Merry Christmas for everybody, by the way!
Topic: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts? (Read 1127 times)
December 24, 2019, 01:26:46 PM
December 24, 2019, 07:56:02 AM
I think it is better not to sell bitcoin at this moment, why not to buy presents using bitcoin instead? Christmas is a season many people celebrate about, selling cryptocurrency is an action many cryptocurrency enthusiast don't want to either, its quite contradicting so why not buy some presents using bitcoin in a sense that we can still make our bitcoin in cycle to the cryptocurrency space, In addition, we aren't just buying gifts using bitcoin but also implying that there is a new way of spending money which is fast, accurate, and digital using cryptocurrency.
December 24, 2019, 06:39:53 AM
Well, Christmas only came once a year, then why not? If we can feel the spirit of giving then spending a little amount of bitcoin won't matter. Surely, we can buy more afterwards as it seems bitcoin might dump more.
Honestly, I don't want to speculate anymore as if bull run will come or not. As long as I hold above the price I bought then I'm good.
Why not giving Xmas using bitcoin where your friend become your gift with investment assets at the future and have double value when bitcoin have higher price later, maybe they will keep holding with your Xmas gift using bitcoin because they will understand how bitcoin price can increase later, when he knows bitcoin will faced moment with halving they will keep hold bitcoin as your gift. Honestly, I don't want to speculate anymore as if bull run will come or not. As long as I hold above the price I bought then I'm good.
December 23, 2019, 09:27:21 AM
Ther are two things possible to why the bitcoin price going down as you said.
1) From china gives native talks about going to ban crypto mining in china and panning to launch own cryptocurrencies it maybe impacts the bitcoins price now.
2) Xmas also one of the reasons for bitcoin price is going down from the past few weeks maybe so many people are planning to celebrate Xmas and giving the gifts to family and friends and their Xmas plans.
1) From china gives native talks about going to ban crypto mining in china and panning to launch own cryptocurrencies it maybe impacts the bitcoins price now.
2) Xmas also one of the reasons for bitcoin price is going down from the past few weeks maybe so many people are planning to celebrate Xmas and giving the gifts to family and friends and their Xmas plans.
December 23, 2019, 09:08:52 AM
i think is uncertain about that. buying a christmas present by selling bitcoin does not affect the current price of bitcoin. in my opinion is a lot of news about speculation that the price of bitcoin will fall. so many traders sell to secure their assets from falling prices. maybe on the other hand also drawn for Christmas purposes. I don't give special gifts on Christmas. just a vacation.
December 23, 2019, 07:05:09 AM
If the gift I am buying can be bought using Bitcoin, why not? I will pay it with Bitcoin. Of course, that is not a big amount. That will not affect my overall Bitcoin investment. I always see to it that I am HODLing at the same time using Bitcoin as a payment choice. It is not all the time that you will buy gift for Christmas.
December 23, 2019, 07:02:15 AM
So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. 
I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I saw the news of the Chinese scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I've been thinking the same way also even if I did invest only the extra money that I have, what in my mind is what is the best and unique gift that I can give to my family and love one. I did not use bitcoin to buy x-mas gift instead I used in as my unique gift to my love one and I am very happy that she likes it as she like's money so much.
And what makes me happy most is that my love one didn't sell the bitcoins after hearing my explanation to her on what is crypto currencies and how we can earn money to it even by investing a little amount consecutively. Merry Xmas to all and may the next year we will have the best year for come back.
December 23, 2019, 06:54:44 AM
Thankfully, neither. My day job pays for all my expenses, including gifts, and even leaves me with some $$ by the end of the month to buy and hodl myself some extra cryptos.
IMO, it makes no sense during this bear market that seems to have hit bottom to sell or spend bitcoins, unless of course you have run out of cash
IMO, it makes no sense during this bear market that seems to have hit bottom to sell or spend bitcoins, unless of course you have run out of cash
December 23, 2019, 06:52:11 AM
I sell few of my holdings in latest rally to fund my Christmas celebrations but I am still holding major portion of my coins for future rally. The current price of bitcoin and altcoins is good for buying not for selling. Its good time to average your coins, if you have bought them at higher rates.
December 22, 2019, 11:36:54 AM
i have changed my mind, i wont sell anything nor will i use bitcoin or any other crypto to buy anything for gift
i will ask everyone to create a wallet and will send them real Xmas gift, Crypto itself and will make them more happy when a new ATH comes to crypto,
im sure all of them will be more happy to use their pumped crypto for any purpose
ps:of course this is only valid if the promised pump comes out which we are all expecting since 2018
and if it doesnt comes, then i will be doomed
i will ask everyone to create a wallet and will send them real Xmas gift, Crypto itself and will make them more happy when a new ATH comes to crypto,
im sure all of them will be more happy to use their pumped crypto for any purpose
ps:of course this is only valid if the promised pump comes out which we are all expecting since 2018
and if it doesnt comes, then i will be doomed
December 22, 2019, 11:18:26 AM
I'm buying more Bitcoins now, not a good time (or price) to spend them
December 22, 2019, 11:14:49 AM
The current market shows that the price of Bitcoin continues to decline, I will not sell Bitcoin to buy Xmas gifts, buy through Xmas gifts, I have a little money for the income of my job, I have no reason to sell Bitcoin. In order to buy gifts, many people can sell Bitcoin to have a nice Christmas
That's a wise decision, I won't sell my Bitcoin for now too, I would rather enjoy Christmas without sacrificing the fund I have, I don't need to have more giveaways this year. I will be just be contented and happy to be with my family and we will eat together than giving away my hard earnings of Bitcoin, so I won't ever sell it.
December 22, 2019, 04:46:06 AM
The current market shows that the price of Bitcoin continues to decline, I will not sell Bitcoin to buy Xmas gifts, buy through Xmas gifts, I have a little money for the income of my job, I have no reason to sell Bitcoin. In order to buy gifts, many people can sell Bitcoin to have a nice Christmas
December 22, 2019, 02:07:20 AM
So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I saw the news of the Chinese scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I won't do neither of the two unless something forces me to do purchase things via bitcoins online. Though there are several online available there were times that I need to buy clothes or the likes and the size is not exactly estimable as to only small to large I still prefer on this one. If I'm buying gadgets possibly I would spend my bitcoins.
December 22, 2019, 12:17:26 AM
while i wanted to,but my funds are limited so i would choose to use Fiat since i am at loss now because i have bought my bitcoin in higher price so what i need to do is wait till it recovers.
but i think that there are many people here inc rypto that withdrawing their coins not only Bitcoin but also Alts,so we will see more like this in the following days and recovery may occur next year or the other one following.
but i think that there are many people here inc rypto that withdrawing their coins not only Bitcoin but also Alts,so we will see more like this in the following days and recovery may occur next year or the other one following.
December 22, 2019, 12:00:27 AM
I don't have enough bitcoin right now and never want to give or celebrate with Christmas Day because I am a Moslem and my religion not allowed to celebrate Christmas day, better for every Christians use bitcoin as Xmas gift because can make bitcoin keep higher price and your friend received bitcoin as Xmas give get double profit later when bitcoin have higher price.
December 21, 2019, 11:23:03 AM
I do not have enough plan to sell my bitcoins just to buy vhristmas gifts. This month is the month of giving so I will give back to the people in my community but I will use fiat currencies and not my bitcoins to buy gifts. Why I will sell my bitcoins when its price is very low but if the price of bitcoin is currently high then I do not mind if I will sell it just to buy gifts and give to other people.
This is the point why mostly use fiat to buy gifts instead of bitcoin because of the price these days is too low. Better we just keep our bitcoin and sell to earn when prices increase. I am not selling my btc rather I also use fiat to buy gifts since it is easy to use and accept anywhere. For me, if I received a fiat gift from my family, I would rather but myself a Bitcoin than buying new phone, as I don't need it much now as of the moment, so I wouldn't waste my time anymore in having Bitcoin as much as I could, I don't want to see myself just watching the price of Bitcoin, I want to make profit and take advantage on it too.
December 21, 2019, 10:53:57 AM
I do not have enough plan to sell my bitcoins just to buy vhristmas gifts. This month is the month of giving so I will give back to the people in my community but I will use fiat currencies and not my bitcoins to buy gifts. Why I will sell my bitcoins when its price is very low but if the price of bitcoin is currently high then I do not mind if I will sell it just to buy gifts and give to other people.
This is the point why mostly use fiat to buy gifts instead of bitcoin because of the price these days is too low. Better we just keep our bitcoin and sell to earn when prices increase. I am not selling my btc rather I also use fiat to buy gifts since it is easy to use and accept anywhere. December 21, 2019, 10:00:48 AM
I just have enough fiat to not to do either of these options
December 21, 2019, 09:58:45 AM
So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
It is really a bad time to used my bitcoins to buy gifts to my family members and friends or pay for our holiday expenses this upcoming christmas because bitcoin's price is really down, that is why it is much better to hold my bitcoins until it's price increase next year of 2020. I saw the news of the Chinese scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
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