a 100-150 jump in price daily is avg for volatility of btc

sasaku bitbit

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Quote from: Quantumplation on June 09, 2017, 06:16:52 PM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

I would suggest that you hold your Bitcoins because the trend for Bitcoin looks like it could make it up to around $3,000 in a very short time. The price of Bitcoin was at $2,933 on Bitstamp a few days ago and the price of it now looks like it’s recovering.

I agree with your opinion is indeed for the current price of the bitcoin showed steady returns with number $2800 might be the end of the month could reach $3000 I hope it will happen, and we recommend that you save your bitcoin safely until the end of the month or until the end of this year

lumeire

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Who would have thought that would be possible years ago? Back when the price was $200 to $300ish, a hundred dollar jump is already a miracle.

maydna

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Quote from: Pamadar on June 10, 2017, 10:08:50 AM

Quote from: Slow death on June 10, 2017, 10:00:53 AM

Quote from: Lieldoryn on June 08, 2017, 09:52:27 AM

That's not me very happy. The more inflated the price, the greater the probability that it will be a great collapse. We have seen how it happened with real estate. The same can happen with bitcoin. I see no economic component in the price of bitcoin and it's sad.

You were very realistic, although I hate your analysis because I only hear the word collapse and I tremble with fear, but I agree with you in part

well we need to hope for the best if we can promote more and we can invite newcomers and resolves those issue regarding to mining fees
and slow transactions maybe we can see it more stable and stronger i know it happened before and there's a lots of possibility that it will
do the same but lets keep on moving forward,.

agree with you. with promoting bitcoin into many places and many people join in bitcoin industry, bitcoin become more famous and if mining fees and slow transaction is fixed too, then not just us which is happy but the newcomers will see that bitcoin is really giving a new opportunity to them to make money and they can enjoy their exist in the industry. i hope soon everything is going to be better than before so there is no big problem with bitcoin and bitcoin will be stay longer.

Pamadar

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Quote from: Slow death on June 10, 2017, 10:00:53 AM

Quote from: Lieldoryn on June 08, 2017, 09:52:27 AM

That's not me very happy. The more inflated the price, the greater the probability that it will be a great collapse. We have seen how it happened with real estate. The same can happen with bitcoin. I see no economic component in the price of bitcoin and it's sad.

You were very realistic, although I hate your analysis because I only hear the word collapse and I tremble with fear, but I agree with you in part

well we need to hope for the best if we can promote more and we can invite newcomers and resolves those issue regarding to mining fees
and slow transactions maybe we can see it more stable and stronger i know it happened before and there's a lots of possibility that it will
do the same but lets keep on moving forward,.

Slow death

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Quote from: Lieldoryn on June 08, 2017, 09:52:27 AM

That's not me very happy. The more inflated the price, the greater the probability that it will be a great collapse. We have seen how it happened with real estate. The same can happen with bitcoin. I see no economic component in the price of bitcoin and it's sad.

You were very realistic, although I hate your analysis because I only hear the word collapse and I tremble with fear, but I agree with you in part

BTCLovingDude

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Quote from: Eric Cartman on June 09, 2017, 06:28:05 PM

Quote from: Quantumplation on June 09, 2017, 06:16:52 PM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

I would suggest that you hold your Bitcoins because the trend for Bitcoin looks like it could make it up to around $3,000 in a very short time. The price of Bitcoin was at $2,933 on Bitstamp a few days ago and the price of it now looks like it’s recovering.

Now the price is stable, with no signs of moves in any directions.

Like if the market is is waiting for something to decide if it will go up or down

actually you can look at this stability in another way!
take a look at the volume first and the number of buys that are happening. they are still pretty high. this period of stable and low price with high volume can be considered an accumulation phase.

Amadues

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Quote from: Quantumplation on June 09, 2017, 06:16:52 PM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

I would suggest that you hold your Bitcoins because the trend for Bitcoin looks like it could make it up to around $3,000 in a very short time. The price of Bitcoin was at $2,933 on Bitstamp a few days ago and the price of it now looks like it’s recovering.

Past results certainly do not indicate future results, but attempt to recover from a last pullback forces me to think twice about downtrend risks. IMO price continually attempts to return to uptrend channel. Technicals suggest a price will hit target of $3000 in the near future. On the hourly time frames, there are four bounces recently, providing an opportunity for re-entry. Price is going to make all time high for a short time frame. That's why i sit tight and pray for pump

Eric Cartman

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Quote from: Quantumplation on June 09, 2017, 06:16:52 PM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

I would suggest that you hold your Bitcoins because the trend for Bitcoin looks like it could make it up to around $3,000 in a very short time. The price of Bitcoin was at $2,933 on Bitstamp a few days ago and the price of it now looks like it’s recovering.

Now the price is stable, with no signs of moves in any directions.

Like if the market is is waiting for something to decide if it will go up or down

Quantumplation

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NOTE: This message was originally not posted by me, but instead by someone who compromised my account. I have deleted the content.

Amadues

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Quote from: tigershark on June 09, 2017, 12:20:18 PM

Quote from: ktabb on June 08, 2017, 06:48:56 AM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Correct, there will continue to be fluctuation in bitcoin price because bitcoin is still not stable yet. Until it goes more mainstream, the price will bounce around.

Bitcoin price is rising slowly but steadily. Price pattern on bitcoin market suggests that buyers are eager to get back in the game The uptrend on the 1-week time frame is still holding and technical indicators are signaling that another move north is in the cards.So, i can say it may have completed a correction pattern and could trade back towards $3000. Overall, it looks like the price is well supported on the downside, and buying dips near $1900 and $2200 might be considered. It is known as old but gold strategy: Buy and hold Wink

jc89

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I'll give you that one. Bitcoin's volatility had become so normal and people does not care anymore. But to those who uses bitcoin as a mode of payment, this volatility just seems not right. If Bitcoin will behave like a currency, more stability is needed and with this excessive jumps within a day is just too much. It might take a long while before Bitcoin will behave like a real currency.

tigershark

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Quote from: ktabb on June 08, 2017, 06:48:56 AM

Quote from: Bluengold341 on June 08, 2017, 05:39:59 AM

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Correct, there will continue to be fluctuation in bitcoin price because bitcoin is still not stable yet. Until it goes more mainstream, the price will bounce around.

Skarner21

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Massive price drop coming...

Not steady but increase gradually we are seeing the price right now preev price is $2,823 and i think it can stay for long time at this price..
Hopefully we are still in good price like other said its not an average and i think it takes few weeks again that we can see a price increase or the price can increase fast again..

KingdomHearts

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You cannot call it all time average but average for the last quarter you can say. What I don’t understand is, why is so many people happy over the steep rise ?

If you are buying and selling in bitcoins all your business stuffs as well as daily needs, its okay, but think of situations where we are paid in btc but the next hour the price drops and from where you buy is flat, so no change - you end up for a loss!

Kevin77

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Quote from: Farcoin12 on June 09, 2017, 06:32:34 AM

Bitcoin is definitely quite volatile at the moment. Rising and dropping around 150 dollars per day is definitely not ideal and hopefully the price starts to settle down soon. Otherwise, a lot of people might not invest as the price is quite scary.

Not so volatile in my opinion. Yes, you cannot expect bitcoin to fluctuate some $10 to $25 ups and downs even when it is trading near $3000 ranges.

You need to consider percentage of change to mark volatile or not. A per bitstamp data, from today's open bitcoin has raised only 1.38%. It is most common for any trading asset. You must need above 20% changes to call highly volatile. In future when bitcoin will be trading above $10k prices levels, we are going to have daily movements of $500 ranges. So, get ready for that (still it may fall less than 5% change within a day).

Farcoin12

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Bitcoin is definitely quite volatile at the moment. Rising and dropping around 150 dollars per day is definitely not ideal and hopefully the price starts to settle down soon. Otherwise, a lot of people might not invest as the price is quite scary.

slackcryptoz

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Considering the current price of bitcoin, volatility happening around the range of $100 to $150 is nota big deal. Even with this some users panic and tend to sell all their bitcoins and feel bad once again on reaching the price from which it fell low.

Bluengold341

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anyone knoww hat causes this volatility?

TravelMug

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Quote from: Wandika on June 08, 2017, 06:10:28 PM

Quote from: Pattberry on June 08, 2017, 06:08:07 PM

The price is really volatile and since it is trying to breach three thousand dollars i do expect these sort of jump in the price and that is what is happening in the market and expect the price to have a small correction and then return back and this keeps on for some time until we have another pump to breach new value.

Bitcoin price volatility is usual even in the past. The fast variation of price that ranging to 100-150$ is also happening before it reach a 2000$ price. So i don't see any abnormalities on price changes.

This price swings seems to be normal to me as well. I don't see any problem with it since the price is really unstable right now. It is trying to breach the $3000 but its good thing that some resistance to it are experience. Otherwise, it will be like a bubble again that is going to burst anytime soon. We just have to wait and observed and make the necessary adjustment.

Wandika

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Quote from: Pattberry on June 08, 2017, 06:08:07 PM

The price is really volatile and since it is trying to breach three thousand dollars i do expect these sort of jump in the price and that is what is happening in the market and expect the price to have a small correction and then return back and this keeps on for some time until we have another pump to breach new value.

Bitcoin price volatility is usual even in the past. The fast variation of price that ranging to 100-150$ is also happening before it reach a 2000$ price. So i don't see any abnormalities on price changes.

Topic: a 100-150 jump in price daily is avg for volatility of btc (Read 1091 times)