Topic: Bitcoin's High Volatility - page 25. (Read 3098 times)
If someone is not highly educated then he will be upset in this world and will be lagging behind in this universe of the universe, he will get depressed. But Bitcoin is a trade-off that can make you very short-term and very easily self-reliant. However, it has been an abusive idea.
Bitcoin used to be defined as a store of value, HODL (buy and hold long term) investment.
With the introduction of futures markets, the rise of bitcoin cash and altcoin forks and platforms like coinbase engaging in insider trading by profiting off of their knowledge that they would introduce trading for fork coins beforehand... Bitcoin is slowly but surely becoming more an instrument of speculation than a store of long term value.
That fundamental shift is indicated by rising volatility and greater price swings.
Many trading exchanges are offering trades with no commissions. That also contributes towards higher volatility. The lack of a hard capital gains tax, which promotes HODL and cuts down on rampant speculation, also plays a role in volatility being higher than one might expect from say a stock market.
Good analysis. With the introduction of futures markets, the rise of bitcoin cash and altcoin forks and platforms like coinbase engaging in insider trading by profiting off of their knowledge that they would introduce trading for fork coins beforehand... Bitcoin is slowly but surely becoming more an instrument of speculation than a store of long term value.
That fundamental shift is indicated by rising volatility and greater price swings.
Many trading exchanges are offering trades with no commissions. That also contributes towards higher volatility. The lack of a hard capital gains tax, which promotes HODL and cuts down on rampant speculation, also plays a role in volatility being higher than one might expect from say a stock market.
Bitcoin used to be defined as a store of value, HODL (buy and hold long term) investment.
With the introduction of futures markets, the rise of bitcoin cash and altcoin forks and platforms like coinbase engaging in insider trading by profiting off of their knowledge that they would introduce trading for fork coins beforehand... Bitcoin is slowly but surely becoming more an instrument of speculation than a store of long term value.
That fundamental shift is indicated by rising volatility and greater price swings.
Many trading exchanges are offering trades with no commissions. That also contributes towards higher volatility. The lack of a hard capital gains tax, which promotes HODL and cuts down on rampant speculation, also plays a role in volatility being higher than one might expect from say a stock market.
With the introduction of futures markets, the rise of bitcoin cash and altcoin forks and platforms like coinbase engaging in insider trading by profiting off of their knowledge that they would introduce trading for fork coins beforehand... Bitcoin is slowly but surely becoming more an instrument of speculation than a store of long term value.
That fundamental shift is indicated by rising volatility and greater price swings.
Many trading exchanges are offering trades with no commissions. That also contributes towards higher volatility. The lack of a hard capital gains tax, which promotes HODL and cuts down on rampant speculation, also plays a role in volatility being higher than one might expect from say a stock market.
Lol, Bitcoin has never not been a purely speculative instrument. There has been no fundamental shift to this, it started as this, became even more this, and remains this. Bitcoin may go through higher and lower periods of volatility, but it has never had a period of no volatility. It was born in it, and grew to this height specifically because of it. The majority of people buying do so out of insane expectations of getting rich. It's 100% speculative, and always has been.
I think Bitcoin is a high level of coins. Bitcoin is in demand in the market. Bitcoin is more demanding when it is high. Bitcoin is worth the price. Bitcoin is called golden money. People can improve through betting. People's life gets glowing through betting. Bitcoin is earning money.
I don't think that is a true statement to tell that people's life are improving because of the betting because what do you mean by betting? Because it is more into being a gambling but for me, the people's life are improving because of their hard work and patience in doing things that they can make money like their jobs in crypto.
I think Bitcoin is a high level of coins. Bitcoin is in demand in the market. Bitcoin is more demanding when it is high. Bitcoin is worth the price. Bitcoin is called golden money. People can improve through betting. People's life gets glowing through betting. Bitcoin is earning money.
The truth about bitcoin's volatility is that it stops the mainstream public to have faith in bitcoin. And that is because is a very new currency. It came into existence in 2009. Which is basically yesterday compared to fiat currencies, which have been around since centuries. Looking at some assets like gold or silver, they have been around since forever. The older any asset/currency is more stable it is because it has survived more financial travesties and in turn gained public faith. So for bitcoin to become more stable regulation and sustained public interest for a long period of time is imperative.
In my opinion its high volatility comes from the shroud of mystery behind it. What plays a role in volatility is its supply and demand. There are many factors that would affect that but ultimately what decides it is the value people would give it. Because it's a relatively new technology, it's hard to put a value to it. What it is and what it could be varies person to person. It could be the currency of the future, or not. Only time will tell.
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
I want your insights about this volatility of bitcoin.
I think it will not fall from 100-0 even if every country regulates or stops bitcoin it will still have remaining 1% like germs in a soap
well you know what I mean, its normal for bitcoin to have an up and down for a short period of time like you said it was highly volatile and its own nature makes people want to invest, for the reason that you can profit easily, but we just need to keep in mind that every investment has their own risk.
Since that you are a newbie, I think that you don't have enough knowledge about the characteristics of bitcoin which is being volatility but there are so many question like that, that are already existing in this forum so you just need to keep reading to gain more knowledge about it. But let's talk my insight about volatility. Fluctuation and volitility have a similarities, since Fluctuation talks about the an irregular rising and falling of amount while Volatility talks about a change rapidly and unpredictably. The definition of these two are already existing in bitcoin since it was created. For me volatility is not an obstacle, otherwise I considered it as opportunities for trading and holding bitcoin.
I don't think that this is a new thing to be concern because the high volatility is already here a lot of years ago and almost all the old bitcoin user are aware of this and for me, this is a great thing for the cryptocurrencies because as a trader, i can make some money out of the movement and the aggressive ups and downs of bitcoin and other crypto also.
It is exactly Bitcoin high volatility that let many people earning on the coin's pumps and dumps. Other currencies also constantly change their rate.If we compare bitcoin with other modes of investment such as real estate and gold, bitcoin is having edge over them because of its capability for generating mega profits in short time and that is possible just because of the fluctuations in the prices.
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
I want your insights about this volatility of bitcoin.
Bitcoin is a decentralized currency and so high volatility could not be avoided.
I do not know why is this a big deal since digital currencies are really volatile. All we can is to wait for it to pump since we can't predict and make it pump to a good price like whales can do. I think we don't need to complain about this but just keep on trading and after time Bitcoin will be having a price pump without us knowing being busy trading volatile digital currencies.
The volatility of bitcoin depends on the demand of the people and the whales who own volume of bitcoin that whenever they buy or sell their bitcoins, it can greatly affect the rise and fall of bitcoin's price.
I have a bad experience in bitcoin's volatility. I had a wrong timing in withdrawing bitcoin in a trading site which is hitBTC. It took 3 days to receive and by that time the bitcoin collapse and I wasn't able to buy the thing I want. Bitcoin's volatility is a disadvantage of the coin. A sudden change in price may affect the people's mood when they need to get money for urgent times. I hope bitcoin wouldn't collapse in great values like ethereum.
You were just unlucky it is very common to see the opposite effect as well, most of the time I wait until the price is very high to buy stuff with bitcoin, that way I need to spend less bitcoin and I still got what I wanted, maybe if you were not in a hurry you could have waited until the price of bitcoin recovered before withdrawing to fiat.
I think it is a good thing to have a currency with high volatility, especially for those traders. I personally am in favor of having fluctuations since because of it I couls maximize every profit that I can get. I didn't want to stick with the "buy and hold" instead I engaged with "buy low, sell high" so I could gain more profit than ever. Its just that it is quite surprising to see how bitcoin grew from zero to this high. It should really attract so much investors because of this
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
I want your insights about this volatility of bitcoin.
Bitcoin high volatility makes people stay in bitcoin because they believe that bitcoin will recover and go back to a higher price in the future. future. Bitcoin high volatility attracts rich people to invest in bitcoin. Of course they believe that bitcoin can make them profit more than they expect. Investors are interested in bitcoin because they earn a lot of money here by beting their wealth through expecting high value of bitcoin.
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
Bitcoin is a decentralized currency and so high volatility could not be avoided.Its volatility was less when compared to altcoins earlier.But now volatility has gone beyond the limits which led to increase in price from $5,000 to $20,000 within a month and falling down to $9,000 within the next month.Its surely not good for bitcoin's progress.I want your insights about this volatility of bitcoin.
But the traders might enjoy the volatility much when retailers who accept bitcoin payments don't welcome it.
I don't think that this is a new thing to be concern because the high volatility is already here a lot of years ago and almost all the old bitcoin user are aware of this and for me, this is a great thing for the cryptocurrencies because as a trader, i can make some money out of the movement and the aggressive ups and downs of bitcoin and other crypto also.
It is exactly Bitcoin high volatility that let many people earning on the coin's pumps and dumps. Other currencies also constantly change their rate.
I don't think that this is a new thing to be concern because the high volatility is already here a lot of years ago and almost all the old bitcoin user are aware of this and for me, this is a great thing for the cryptocurrencies because as a trader, i can make some money out of the movement and the aggressive ups and downs of bitcoin and other crypto also.
It is exactly Bitcoin high volatility that let many people earning on the coin's pumps and dumps. Other currencies also constantly change their rate.I don't think that this is a new thing to be concern because the high volatility is already here a lot of years ago and almost all the old bitcoin user are aware of this and for me, this is a great thing for the cryptocurrencies because as a trader, i can make some money out of the movement and the aggressive ups and downs of bitcoin and other crypto also.
It is exactly Bitcoin high volatility that let many people earning on the coin's pumps and dumps. Other currencies also constantly change their rate. 
I don't think that this is a new thing to be concern because the high volatility is already here a lot of years ago and almost all the old bitcoin user are aware of this and for me, this is a great thing for the cryptocurrencies because as a trader, i can make some money out of the movement and the aggressive ups and downs of bitcoin and other crypto also.
But in the recent days. bitcoin prices are really very very volatile. different from price changes a few years ago. the current price change is really very fast. from the end of last year the price rose very high and then now the current price drops very deep. we know that bitcoin prices fluctuate and have been a concern since a few years ago. but this topic is always interesting to discuss because the fluctuations of each time can vary. especially now Jump to: