Post
Topic
Board Speculation
Re: Is market down due to Eid of muslims?
by
adhikari98
on 16/06/2018, 10:45:40 UTC
There is no link between price of bitcoin going down  and Eid of Muslims. Arabian countries are already very much rich, Muslims residing there don't need to sell bitcoin to purchase gifts for their festivals and Muslims who live in poor economy countries cannot afford to buy bitcoin. So, without possessing bitcoin they cannot sell either. So, it is wrong to blame Muslims for the price of bitcoin going down in the name of festivals and purchasing gifts.