Quote from: Lorna111 on June 15, 2018, 12:33:10 AM

Quote from: crypto360 on June 15, 2018, 12:15:17 AM

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.

I have some friends from Arab and I saw that they are treating bitcoin as money and they have all of their money in bitcoin and when they need money for any thing which is not available then they sell some of their coins. In this time there are a lot of Muslims in bitcoin and they may also do the same as Muslims do not like banking system and they will have the alternative as bitcoin so they will withdraw their money and will use them.

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