Topic: a 100-150 jump in price daily is avg for volatility of btc - page 2. (Read 1094 times)
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.
I don't think that the volatility of Bitcoin is normal, what I mean about that is Bitcoin as of now a 150$ change in price daily is about 18-23% price change depending on where you count it on. But that kind of price change cannot be defined as normal, we can translate it to that traders are still being indecisive with how Bitcoin's trend is going. What I mean is people are still on the verge of identifying the trend yet.
It's a good percentage if bitcoin price increase, 23% is a big funds invested and vice versa when people cash out.This week shows that bitcoin has increase over 10% from around $2400 to $2750, but seems a little bit decrease again.
It is a normal day in bitcoin trading market as long as there is no any pump from whales and we stay in this area.
I don't think that the volatility of Bitcoin is normal, what I mean about that is Bitcoin as of now a 150$ change in price daily is about 18-23% price change depending on where you count it on. But that kind of price change cannot be defined as normal, we can translate it to that traders are still being indecisive with how Bitcoin's trend is going. What I mean is people are still on the verge of identifying the trend yet.
just expect that btw, so far it's remained steady around 2750 btc
It is difficult to say that bitcoin will remain showing similar nature in future too. As you said it is no wonder btc goes up/down by $100-150 daily but who knows we could accept its $500-600 volatility in good soul too!
All depends upon whether we gain or loose from btc in long run.
As much as I love this about Bitcoin but it is a dangerous property of Bitcoin, it scares pussies and the investors with less balls. 
And the exact same volatility of it is what makes it a challenge, good thing for us true believers as well since many of the people wouldn't enter with their money to cause even more price increase means more time for poor and smart people like us to get more.
And the exact same volatility of it is what makes it a challenge, good thing for us true believers as well since many of the people wouldn't enter with their money to cause even more price increase means more time for poor and smart people like us to get more.
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.
Its usually around 3-4% per day and off course it comes when price jump more then this but when we are looking in monthly bases then its around 4% daily.
This is good cuz the more demand for bitcoin will generate bigger price and price increase.
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.
Its usually around 3-4% per day and off course it comes when price jump more then this but when we are looking in monthly bases then its around 4% daily.
This is good cuz the more demand for bitcoin will generate bigger price and price increase.
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.
just expect that btw, so far it's remained steady around 2750 btc
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