Post
Topic
Board Speculation
Re: Is market down due to Eid of muslims?
by
carlisle1
on 17/06/2018, 15:04:33 UTC
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?

With due RESPECT, Muslim celebration is no relation on the Bitcoin price, please read the indicators why Bitcoin price goes up and goes down, you posted question is a bit sensitive one to post on this treed. Remember Market is Volatile, anything can happened at any given time, market react base on the Volume of investment put in by numbers of investors in the trading market and had NO RELATION on this Celebration even if we consider that they use Bitcoin to buy gift or what ever it is just a fraction of the market cap.in  trading market would be posted.
What?sensitive on what reason?you noob just posting without proper knowledge about the topic because OPs question is related to whats happening and i see no wrong about muslim brother withdrawing bitcoin to fiats just to spend on their Very Important occasion that only celebrates every year

Yes i agree about the affect of eid celebration to the bitcoin dumping and now its over hope we can recover again even just smal percent