Quote from: MonsterV on September 28, 2019, 04:49:43 AM

Quote from: Darker45 on September 28, 2019, 04:35:51 AM

Somewhere in August and September there is what the chinese call as Ghost Month. And knowing that these people are very superstitious even in business and finance, they observe so many dos and donts, during this time when they believe the gates of hell are open. But I don't think it could influence the market the way the huge drop happened.

Well I think so too, but I still don't believe that August and September will be a ghost month because I'm not a Chinese myself. But after I trace history of bitcoin from year to year indeed average bitcoin falls every September as in 2017 where bitcoin fall from $4800 to $3000 in September and it again convinced me that Chinese trust had a great influence.

i think i also heard that before but what i know is the year 2017 is the best year for cryptos because all coins are pumping that time especially on the last quarter of that year . back on that ghost month that you guys talking about , that could be the other reason on why the price of btc and other cryptos are falling this month because there are also a good number of chinese investors but as soon as this month have passed, hopefully we can see a recovery again .