Bitcoin price fluctuation - page 7. | Bitcointalksearch.org

Lesages

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

it will be long time bubble bitcoin cash many times and till now it is so expensive. from first day bankers say it is bubble.
the main reason is very big price of bitcoin.

JL421

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

Now that the price has come down, it will slowly become a bit more stable before it increases again. The problem of less market cap leads to it's high rate of fluctuations but once the demand and support by people increase it will lead to it becoming more stable.

Nana_Marini

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You are right. Bitcoin has fluctuation price. Sometimes the price of bitcoin is so high and the other time the price will decrease. I think it is normal condition. When many people invest their money to bitcoin the price always high. So, we must invite many people to invest in bitcoin

BTCeminjas

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

The fluctuation of bitcoin will always continued it is because nowadays many people was also continued investing in bitcoin and they giving trust with it behind the very promising bitcoin price. It means more people invested more demand and it comes less supply that makes bitcoin so expensive or having a fluctuation by itself so you can't conclude that it has a stable price. Don't put negative mindset in bitcoin as what you said a bubble would burst but it never happen.

Baton55

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I want to say that there isn’t any actual set price for a bitcoin. The price of bitcoin is a balance between what price someone is willing to trade with to part from the bitcoin and what someone is ready to pay to acquire it. More people, more exchanges, more traders and more business implies more variables which is aggregated to decide upon a price at which people can trade.
The price of bitcoin is fluctuating because we, as owners of bitcoin are actively taking part in its economy.

mutrang23

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I do not think bitcoin will be stable because bitcoin attracts investors because the bitcoin price fluctuates so investors make more profit. So I do not think price of bitcoin can be stable.

Aveatrex

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The problem with bitcoin is that alot doesn't see it as a revolutionary technology but see it as a way of investing money and generating profit.
That's way the price fluctuate so much.

goldade

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I believe the fluctuations of bitcoin can not be eradicated completely but may be significantly reduced. I believe if there are more people involved with bitcoin, the volatility in the price of bitcoin will be greatly reduced and we will have a nearly stable price with the difference in the price very little.

EnaksiS

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I think this fluctuation will never stop, even the mining finishes. Because the investors always changing. People who gets a little profit, only thinking to sell their coins. So it will never end.

choppork

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I would expect it to grow even more in the future because as more people are coming in, the more people are joining the "herd". It's not like a price dump and a price bump is controlled only by whales. They dump and then the herd is going to follow them. It's like their actions are going to followed by the sheeps of crypto. More players would mean that there would be more people trying to manipulate the market and there will be more whales in the future. Keep in mind that the mafias aren't in the game anymore as well as the government. It's only a couple of rich people are in the game yet so I would actually keep my faith tight on bitcoin's future.

When the "Bubble" has burst, the price would actually go down to nothing (or almost nothing) or really really low but that doesn't still mean that the price would get stable. This market is built by supply and demand and that will never become stable.

jaysabi

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Quote from: jossiel on December 30, 2017, 03:44:23 PM

Okay again with this bubble.

Let's assume that bubble has already burst,people that are thinking that it isn't popping yet. Do you realize that bitcoin has fell down at $19,000 - $12,000.

That's not a bubble bursting, that's just a correction of an overvalued asset. I'm not aware of a technical definition of a burst bubble, but I would argue that anything that hasn't lost at least 75% of its value in a short period of time is not a burst bubble. I would say that the bubble on Bitcoin hasn't burst until it's below $5,000, and it might even have to be lower than that considering it it started the 2017 year far lower than that (about $1000). So a "burst" of the bubble down to $5000 would still be a 5x increase on the price in the past year.

v3liana

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yes something where fishy from the start. its weird i dont think bitcoin deserve this value. its been too high from the start and dont know why people keep pushing the value. its like a ponzi scheme and it will pop out. just try searh abouy tulip fever , its quite popular story about bubble investment.

miyaka26

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Quote from: goaldigger on December 31, 2017, 01:12:49 PM

I think the main reason of its fluctuation is the holidays. Maybe somw time after , this month lf january, it can get into bubble again but no one is sure about that. I am hoping and still beleiving that bitcoin is still profitable even when you invest now.

Exactly it happens to bitcoin whenever there is a season or holidays that people need to spend thus triggering them to cash out or a conversion to local fiat just to buy kinds of stuff or gifts, this December is Christmas and New Years Eve so expect people to draw some of their coins out of their wallet that would be the cause of the fluctuations and negative volatility of this coin, hope it will get recovered next year surpassing the 20k stage of price

Sexie

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

. I think just normal in every business like this to decline Its Value for a purpose , to give an opportunity for those who wants to invest Bitcoin by buying more or collecting more bitcoins, for them to have chance of selling them when the price increases. Although Its bad News for those who wants to sell their bitcoins immediately. These people need to be patient, they can keep their bitcoins for a while then let Go or sell them too when it increases Bitcoin price.

goaldigger

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I think the main reason of its fluctuation is the holidays. Maybe somw time after , this month lf january, it can get into bubble again but no one is sure about that. I am hoping and still beleiving that bitcoin is still profitable even when you invest now.

Baofeng

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Quote from: vintages on December 31, 2017, 12:56:52 PM

Its a normal thing for the price of bitcoin to keeps on fluctuating. I think its part of its characteristics and shouldn't worry us. And I believe that this price are been manipulate by some whale investors. They all know what they are doing, more reason why some upcoming traders and investor, look up to them for direction and trust whichever prediction they make. Just bear in mind that, no matter how fluctuating the price may be, it can never run down to a $500 or so.

As much as whales are doing some manipulations and as fraudulent as it is, we can't do anything because the market is based on pure speculations. This is only the main reason why those why some people hates bitcoin. But for me, its part of the game. Fluctuations due to them are real, its up to us how to deal with it.

However, manipulators can also turn the tide of bitcoin in a positive way. So it can go either way, the price can go down or the price can increase because of them. Its up to us how to deal and face the challenge in order to make a profit out of this price fluctuations.

vintages

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Its a normal thing for the price of bitcoin to keeps on fluctuating. I think its part of its characteristics and shouldn't worry us. And I believe that this price are been manipulate by some whale investors. They all know what they are doing, more reason why some upcoming traders and investor, look up to them for direction and trust whichever prediction they make. Just bear in mind that, no matter how fluctuating the price may be, it can never run down to a $500 or so.

jossiel

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Quote from: Avispeat on December 30, 2017, 07:01:57 PM

Quote from: jossiel on December 30, 2017, 03:44:23 PM

Okay again with this bubble.

Let's assume that bubble has already burst,people that are thinking that it isn't popping yet. Do you realize that bitcoin has fell down at $19,000 - $12,000.

Every time everyone saying it is a bubble and every time those are wring. Will see you when price moves above 20k mark next year Grin

Yes we'll see the price of bitcoin hitting $20,000 next year or I say starting tomorrow since this year is about to end.

People who are against to bitcoin or for sure they haven't bought it yet when the price is on dip or they did sold it lately and saw it increasing.

Keep on calling it bubble while all of us who are riding it will enjoy this journey.

worle1bm

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Quote from: tomasw66 on December 30, 2017, 03:34:36 PM

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I agree with you that at current the prices are really going down and many hodlers are getting panic and selling their coins which is contributing to the dump situation but beleive me the prices are really going to surge with great bumps and increase by almost 100-200% when the situation get under control and this is just price manipulation to make price dips but this gonna over soon so have faith in power of btc

chimcoin

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Yes! I agred with you, and also,the price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that bitcoins have a controlled supply whereby the total number of bitcoins in circulation must never be more than 21 million. Due to the limited supply, there are speculations that the bitcoin price will continue to rise with time.

Topic: Bitcoin price fluctuation - page 7. (Read 903 times)