Post
Topic
Board Speculation
Re: Does Eid Mubarak Affect Bitcoin Value ?
by
dollarneed
on 13/06/2018, 19:51:57 UTC
I don't think so, eid mubarak doesn't have any impact to the market comparing to chinese new year, eid mubarak is only for muslims and I believe only small precentage of the bitcoiners who are muslims specially those who s1ell their bitcoin during ramadhan, it's totally different than chinese new year, more like tradition rather than a religion thing yeah we all know that chinese is a big player here and of course their cellebration will effect the price. Anyway it can be true if majority of the people speculate that the price will be down before eid mubarak and selling their coins together.