Quote from: Asuspawer09 on December 19, 2019, 02:19:00 PM

Quote from: Kprawn on December 17, 2019, 08:34:17 PM

So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. Roll Eyes

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. Huh

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,
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.

I think a lot of people will do same thing, at first i know about bitcoin if in my country there are physical store that accept bitcoin maybe i will pick it. About fee, maybe we can set it in blockchain so we only use small fee to do. But now in my country government not allow any digital currency to be payment. Even currency that in marketplace should be changed to fiat and no option for people beside follow it.