Quote from: BrewMaster on February 20, 2018, 03:13:55 PM

Quote from: ahmadoo on February 20, 2018, 12:49:32 PM

I would think that this period could potentially see a huge number of individuals cashing in for the festivities.

this speculation came out more than a month ago. in fact it is more like the January effect for bitcoin: https://bitcointalk.org/index.php?topic=2767038.0 and it happens every year where we have a sizable drop in price of bitcoin.

i seriously doubt that anybody is actually "cashing out" for any holidays or festivities or anything like that because it is absurd! you never hear people selling their stocks, golds, real estate, ... or any other kind of investment to go on a holiday. they instead use their profit from these things, their bonuses, their saving,... to enjoy the holidays!

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What are peoples thoughts on what to expect !?! could be a lowering or market cap & another / even better buy position for your Onions..

since it already happened there is no more "fuel" left in this news to cause anything at all in the market. so i expect nothing because of it.

Well in case of bitcoins there may be some increased withdrawals if they want to use their "profits" for the festivities. Assuming they've only held a fixed amount in their wallet and it has already grown in value, they'd take some of those and leave enough more or less equivalent to their initial investment. That would still be fewer than "cashing out" all of their btc though, which is ridiculous.

There's not much decrease this time though. Must be coz the price has been slowly emerging from a plunge that people decided to just keep holding?