Post
Topic
Board Speculation
Re: Will Chinese New Year boost crypto market cap?
by
sotoshihero
on 12/02/2018, 04:57:00 UTC
With Chinese New Year coming up on 2/16 what do you think will happen will the market cap get an influx of new money from China or not? I'm thinking we will and hoping it will boost prices for all coins but of course, this is just speculation, what do you think?

The Chinese New Year will bring a boost to the market, after all China is a big Crypto Market and especially on Chinese New Year
there a lot of money changing hands.

I do not think so, or the other way around will happen. For example there is a possibility of dump since most Chinese will sell their btc for fiat for Chinese. though we did not know how the market will react, this is just my opinion. Let us be vigilant always.