Are you worried about the high Bitcoin price volatility at the moment?

South Park

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Quote from: neurotypical on September 02, 2017, 06:18:19 PM

Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

I have been here since 2013. I saw Bitcoin go all the way up to $1200 and then all the way down to $150. Needless to say that anything that im seeing now feels like a walk in the park, nothing faces me, im just relaxing and watching my wealth go up as we discover new floors. Meanwhile newbies are panicking everytime to price moves 100 bucks up and down, really amusing to be.

Seasoned Bitcoin holders are still celebrating from such an unstoppable success. Can't wait to hit $10000 next year to see how all the idiots that panic sold during this dip will whine like.

Correct people that are new to bitcoin get worried about small crashes, but back in the day bitcoin crashed 85% or more in a very short time frame, that will be the equivalent of bitcoin crashing to 600 to 450 dollars today so unless we see a crash that big I’m not worried.

Marry Finch

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High volatility is inherent not only bitokoyu, but also all other crypto-currencies. This is absolutely normal and should not be feared. After a recent sharp increase in the rate, bitcoin needs to be adjusted and therefore a temporary decrease is its normal behavior.

laluna24

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Quote from: IamAltcoinfan on September 02, 2017, 10:54:13 PM

I am not worrying about high bitcoin volatility instead I am enjoying because it's happening in a positive side so bitcoin price keep on increasing . If it is in a negative side I could have think about that .

Bitcoin volatility is just normal it fluctuates daily. Yes I'm not worried though so most traders are happy with the bitcoin value because they can earn huge profit on this. Moreover, we cant verify at what price it fluctuates but most are hodling as the price may increase.

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No, I must use it to gain profit on trading.

AK47-

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Quote from: bitcoinseismograph on August 31, 2017, 02:56:48 PM

Quote from: iram1011 on August 31, 2017, 11:04:39 AM

What's new with volatility of Bitcoin? It's always been same. We have seen 50% drop many a time. 25% is still less. There is cut off period in July because of potential fork, buying activity decreased sharply and in August the same buying activity increased sharply as all the investors were waiting for August. Thus, volatility was inevitable. It was quite natural.

So I would rather say nice try to advertise your site.

Well, I totally agree that volatility is nothing new in Bitcoin, what I do not get is the level when it will raise concerns. Or how to find the information like you gave in your post, explaining the situation and putting high volatility numbers into context.

The Bitcoin Seismograph is intended to provide the context for the numbers (by displaying ongoing top reddit and bitcointalk discussions), but I need some feedback at which constellations of Bitcoin indicators you need to have a deeper look into the context.

I think if you are an active bitcointalk user and reader, then getting these numbers and context won't be difficult. Lots of discussion regarding these things goes on here. I visited your website and yeah having all the info at one place is aways a benefit. Moreover, your site's look is clean which makes it better to read.

hajimasan

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Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

Actually here all the fluctuations in the graph we are seeing are based upon the simple rule of guessing of the down and up in price .
So we don't need to worry much about this thing because no one graph can tell us Exactly what will happen in the future wity bitcoin or with any cryptocurrency because it depends upon the demand and discussion in the market .
Here in the past i seen that no one prediction goes well accurately because market can fluctuate anytime .
And also a big factor that i seen during the brexit ( bretain + exit ) the price of the bitcoin get pumped to up , that was totally unpredictable by everyone , so anytime anything can happen and we should always ready for any type of pump and dump .

IamAltcoinfan

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homt.net

I am not worrying about high bitcoin volatility instead I am enjoying because it's happening in a positive side so bitcoin price keep on increasing . If it is in a negative side I could have think about that .

ivrynx

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i for one am not worried with the volatility of the movement, since it is the same volatility that made it what it is today, so no need to worry. I think when asking this question a lot of us here are wondering how come there are some who will say they are o worried about the movement of bitcoin and others just take it easy, we need to understand types of investors, since we are all involved in bitcoins. the first one is the conservative type, you want your money to gain but you don't want to lose a lot, for this type of investors, if you also invest in bitcoin, you will easily sell your bitcoins since there is a high return and also a very low depreciation in time. then there are those who can take both highs and lows but know when to exit, those are considered moderately aggressive since they are studying the market, and want a win-win situation or a stale mate, when they feel their investment is going down. then we have the aggressive ones, that's where most of us belongs, we want to get the highest gains though there is also a high risk of losing, but when it comes to bitcoin it is a different story. i think we should first check what type are we, before we even engage in investing so we we know our tolerance.

DigitalLemming

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At this point I have found it easyer to just hold and care less about the price. The price is so volatile as is that It does me no good too worry if it will crash in the future. So far each and every time it has come back even stronger.

Zalfa_mui

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Quote from: nelmari on August 31, 2017, 09:37:50 AM

Quote from: djkyno on August 31, 2017, 09:25:09 AM

The Bitcoin's price is always volatile and that's a known fact about it since its creation almost. There is no new thing here, just you need to deal with it. But in the near future, the price will (most likely) keep rising for a while.

I agree, this has been an ongoing debate for so long. Bitcoin's price had been volatile ever since so I don't know why people keep on asking about its volatility.

yes, the bitcoin price is fluctuating, why should worry and should be questioned ,, in fact we are all happy if bitcoin prices rise, we can sell our bitcoin, on the contrary, if bitcoin price down we can buy it ,, what we are looking for from bitcoin is a profit.

neurotypical

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Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

I have been here since 2013. I saw Bitcoin go all the way up to $1200 and then all the way down to $150. Needless to say that anything that im seeing now feels like a walk in the park, nothing faces me, im just relaxing and watching my wealth go up as we discover new floors. Meanwhile newbies are panicking everytime to price moves 100 bucks up and down, really amusing to be.

Seasoned Bitcoin holders are still celebrating from such an unstoppable success. Can't wait to hit $10000 next year to see how all the idiots that panic sold during this dip will whine like.

the rise

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Quote from: bitcoinseismograph on September 01, 2017, 02:48:44 PM

Quote from: Irvinn on August 31, 2017, 05:50:52 PM

It seems to me that the high volatility of the Crypto-currency, that is, the sharp jumps in its rate up and down, is not a drawback, but, on the contrary, the dignity of the crypto currency. With its high volatility, there is no stagnation or boredom. It is especially good at this to trade on stock exchanges. In addition, it is necessary to take into account that the general tendency of the Crypto-currency is the constant growth of their price, which significantly increases interest to it.

Well, I see your point that high volatility means no stagnation or boredom, but from a new user perspective, would a high price and high volatility decrease interest as my initial investment is aligned with high risk?

Many traders have their own style, and of course the majority of old traders will be happy with the current volumes, if perspectives are always high and rarely experience a decline then market conditions will automatically go down due to the level of boredom and small profits. Current volatility/fluctuations are very interesting.

South Park

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Quote from: nelmari on August 31, 2017, 09:37:50 AM

Quote from: djkyno on August 31, 2017, 09:25:09 AM

The Bitcoin's price is always volatile and that's a known fact about it since its creation almost. There is no new thing here, just you need to deal with it. But in the near future, the price will (most likely) keep rising for a while.

I agree, this has been an ongoing debate for so long. Bitcoin's price had been volatile ever since so I don't know why people keep on asking about its volatility.

Volatility exist on any market but I think the question of the op is a valid one, bitcoin has been very volatile in the last weeks and months, at least more than usual, however I think this is just a sign of the important decisions that were taken in the last weeks with the activation of segwit and the bitcoin cash fork.

heitorlinks

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Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

Of course, a high volatility precludes transactions, but speaking as a Trader I think it's great hahahaha! Grin

bitbob82

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Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

Not exactly, if someone monitors and keeps an eye on the present and previous values of bitcoin, it should be identified earlier and anything worried will be solved on. The prices of bitcoin will grow more and more because of the people interest and trust. So I think there is nothing to worry about the high bitcoin prices volatility at the moment. We all have to wait for the coming situation.

bitcoinseismograph

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Quote from: Irvinn on August 31, 2017, 05:50:52 PM

It seems to me that the high volatility of the Crypto-currency, that is, the sharp jumps in its rate up and down, is not a drawback, but, on the contrary, the dignity of the crypto currency. With its high volatility, there is no stagnation or boredom. It is especially good at this to trade on stock exchanges. In addition, it is necessary to take into account that the general tendency of the Crypto-currency is the constant growth of their price, which significantly increases interest to it.

Well, I see your point that high volatility means no stagnation or boredom, but from a new user perspective, would a high price and high volatility decrease interest as my initial investment is aligned with high risk?

iram1011

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Quote from: countryfree on August 31, 2017, 06:15:27 PM

Worried is probably too much of a word, but I can't deny I'm concerned. The rise we're seeing is too fast, and without reasons. We still have the damned 1MB block size limit. Fees are high and transactions are slow. I know changes are coming, but we're still waiting for them. I wouldn't be surprised of a sharp drop.

I won't deny that a drop might happen in future. But I don't think reason would be high fees or slow transactions because regardless of high fees and slow transactions during August, price almost got double. I don't think majority of investors are worried about fees as most of the investors mainly hold Bitcoin and refrain from everyday transactions. They are more concerned about growing their money through Bitcoin. Moreover, recently due to Segwit implementation there is a slight decrease in fees.

countryfree

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Worried is probably too much of a word, but I can't deny I'm concerned. The rise we're seeing is too fast, and without reasons. We still have the damned 1MB block size limit. Fees are high and transactions are slow. I know changes are coming, but we're still waiting for them. I wouldn't be surprised of a sharp drop.

Irvinn

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It seems to me that the high volatility of the Crypto-currency, that is, the sharp jumps in its rate up and down, is not a drawback, but, on the contrary, the dignity of the crypto currency. With its high volatility, there is no stagnation or boredom. It is especially good at this to trade on stock exchanges. In addition, it is necessary to take into account that the general tendency of the Crypto-currency is the constant growth of their price, which significantly increases interest to it.

aardvark15

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Quote from: bitcoinseismograph on August 31, 2017, 08:52:02 AM

Hi,

I have a question as developer of the Bitcoin Seismograph (http://www.bitcoinseismograph.com). The tool has identified a high Bitcoin volatility (above 25% for 60 days) due to recent price rises!

So my question is, if you see that as a warning sign or just normal behavior of Bitcoin. At which volatility level would you be concerned?

The Bitcoin Seismograph is intended to support Bitcoin community to monitor the Bitcoin ecosystem and identify unexpected developments earlier. It needs your feedback for finetuning the analysis algorithms.

Thanks for your help,
Marcel

Bitcoin has always been very volatile so this is nothing now. It is still new technology and will be unstable for a while. The good news is that overall, the price moves upward which is a sign that there is demand for it.

I think that the current high price is a good sign even if it's somewhat inflated right now. A correction could still leave the price over $3000 at this point.

Topic: Are you worried about the high Bitcoin price volatility at the moment? (Read 1042 times)