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Topic: High Volatility in Cryptocurrency Market - page 2. (Read 695 times)

member
Activity: 280
Merit: 11
High volatility is a very important phrase in the crypto space.If not for it, there might not be anything called pump and dump and it was a weapon used by whales and those who manipulate trades.also, the volatility of a coin is dependent on other factors.
member
Activity: 728
Merit: 12
So far, personally I have no idea about whether Bitcoin can reach around $20k or not. But, it may reach next year probably with certain conditions. Today market of cryptos is very volatile, the price of BTC can drop so easily after reaching around $13k last week. Now, it only $10k to $11k. I think that the price of BTC this year will be able to reach around $18k, but for $20k, It is still doubtful
sr. member
Activity: 714
Merit: 250
The volatility is contributed to a lot of factors such as fruad, global acceptance and alot of things beyond its control and that is part of the major reason why bitcoin has not majorly broken out. If these irregularities can be fixed, it will be a moon ride for bitcoin even far beyond $20,000. Cryptocurrency needs some touch of regulation from major quarters
member
Activity: 1540
Merit: 68
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.

It is also very unpredictable and cannot be guessed cheaply, just as altcoins
You need to dyor and pick opinions that guides your trade.

Don’t have guessed, be sure of each trades
member
Activity: 573
Merit: 11
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.

Yes, cryptocurrency is very volatile in nature and its very difficult to predict what the price can be in the future. Bitcoin has been outstanding this year because it price surge from a bottom of $3500 to over $13k this particular year. I think we can still expect something more magnificent from bitcoin and it could even go above it all time high of 2017.
sr. member
Activity: 2352
Merit: 245
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.
Now we may be able to see how the whales will pump up the level of Bitcoin capitalization. bringing it to 80 -85 percent, so that at this stage the price of altcoins will be derailed. If this happens, then the price of Bitcoin can rise even higher than its previous record and $ 20,000.
sr. member
Activity: 800
Merit: 250
I don't agree with the majority because I see bitcoin staying below the all time high price until 2020 prior to when Biitcon halving happens. Facebook launch will also be a key tool in pushing bitcoin to above 20,000usd an this will happen in 2020 as well
sr. member
Activity: 1270
Merit: 254
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If the momentum continues and bulls keep dominating the market i am quite sure we will cross the mark of 20k this year easily but nothing is guaranteed and market may range between 10k to 15k for few months before pumping upwards so lets see.
I think that the second option is most likely. the price will be in the range from 9 to 15 thousand dollars for Bitcoin. and only at the end of the year or at the beginning of the next we will see a sharp increase in price
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If the momentum continues and bulls keep dominating the market i am quite sure we will cross the mark of 20k this year easily but nothing is guaranteed and market may range between 10k to 15k for few months before pumping upwards so lets see.
sr. member
Activity: 602
Merit: 250
I don't think it's easy to reach above $ 20k for this year, but it's still possible. Many people also choose altcoin as an investment place, and the current conditions are different from 2017. That is the reality and it is very difficult for us to predict. More and more demand and total supply bitcoin (little), bitcoin should have reached more than $ 20 for now. But for now it's still at a price of $ 11500. Think about it.
sr. member
Activity: 966
Merit: 254
High volatility is a good sign that cryptocurrencies are still young, with more and more money that come to the market, volatility will be reduced.
sr. member
Activity: 1568
Merit: 321
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The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.

And?

I don't understand the real thing here, anybody can? Nothing informative at all. Any questions? There is no link between the content of the topic and the survey? If you don't mind, what was your purpose?
member
Activity: 239
Merit: 17
The cryptocurrency market has always been volatile and from an investors perspective, it can be both a good & bad thing
For a long term investor, he has to take good positions with his investments when the market is still stable or low, then take profits on the way up.
For the traders, volatility is good as it allows them to make profit on trades in a relatively shorter period of time.
copper member
Activity: 2968
Merit: 575
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High volatility in cryptocurrency is a good thing to get big profits, but you need to find out to get the benefits of investing in cryptocurrency is not an easy thing and has a big risk so you really need to continue to observe market developments to decide what steps you will take in order to make a profit.
So bitcoin and crypto currencies are all about profit now? Wasn't crypto currency created to be used as a replacement of centralized currency system and to bring in financial freedom along with privacy? If crypto currency remain to be extremely highly volatile we might be making good profit, but unfortunately we won't be able to use it as a form of regular currency to make our casual transactions   Undecided.
hero member
Activity: 1120
Merit: 553
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The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
How could you say that the cryptocurrency market recovery is due to the Announcement of Facebook,s cryptocurrency called LIBRA, Lets get some summation of the previous news why the cryptocurrency was bouncing back specially the Bitcoin, The main reason its because of the institutional Investors that was pouring a new capital to the market and its not because of the Facebook cryptocurrency libra.
There are articles that telling Facebook Libra coin to be launched are causing Bitcoin's surge in previous weeks but this in my opinion is just speculation since there are a lot of events that affects the price of Bitcoin and altcoins. Perhaps reading such articles are helpful but we should keep in mind that not everything they are telling are acutally true; sometimes it's biased.
full member
Activity: 1820
Merit: 107
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
How could you say that the cryptocurrency market recovery is due to the Announcement of Facebook,s cryptocurrency called LIBRA, Lets get some summation of the previous news why the cryptocurrency was bouncing back specially the Bitcoin, The main reason its because of the institutional Investors that was pouring a new capital to the market and its not because of the Facebook cryptocurrency libra.
sr. member
Activity: 1400
Merit: 273
First point: Bitcoin will not only get back to $20,000; it will definitely surpass that price. Only time will tell though when that will exactly come. But one thing is for sure, it will come. $20,000 will become a thing of the past for sure.

Second point: It does not need Libra or whatever altcoin for it to get back to its previous ATH. With or without Libra, Bitcoin flies high. Libra, after all, is just a follower of Bitcoin. 
member
Activity: 434
Merit: 10
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Cryptocurrency is volatile to some extent and as a result, there is rapid fall and rise in price of coins. For instance bitcoin reached over $13000 recently, and dropped to $9000 in a short span of time. The volatility of the market is influenced by good or bad news surrounding cryptocurrency. Facebook issuing its own digital currency has definitely had an impact on the market.
hero member
Activity: 1190
Merit: 541
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
You guys will just create your own news through your opinion and stamp it as if that was exactly the case, what has Facebook announcement gotten to do with the increase of bitcoin of recent. First the project has not been released, secondly, this coin has haters more than the lovers, and moreover, bitcoin had started spiking so high before there was even a rumor that they are planning to launch their own coin.

I have invested so much in bitcoin this year, and I didn’t do that because I heard of Facebook and Facebook news never even gingered me for once to put more money in the coin. So you better not link the progress of bitcoin to this Facebook coin that is still faceless for now. Till the coin is being released before we can see any of its impact on the cryptocurrency market in general.
jr. member
Activity: 486
Merit: 3
The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
You made a good statement at first by saying that the market capitalization received an improvement, but you then missed when you attributed the increase to the announcement of Facebook coin, which is out of it.
There are so many other factors that could have contributed to this, and not because the lunch of a particular centralized coin has been announced.
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