Re: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts?
So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. 
I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I think it already the thing since bitcoin was not yet accepted in a lot of stores a lot of users probably already sell their bitcoin since the bitcoin market price was already on the downside, I saw the news of the Chinese scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
And also they cannot buy anything on bitcoin yet they needed to convert it to their local fiat money in order to use it to buy gifts in Christmas,
There is a few stores online where you could use to buy a gift that accepts bitcoin but since it was limited a lot of users will going to choose to convert it.