How volatile is BitCoin? | Bitcointalksearch.org

sehoon

full member

Activity: 840

Merit: 101

Quote from: MCJamison1987 on March 26, 2018, 04:26:27 PM

How does the BitCoin rise in future depending on how volatile is BitCoin?

Bitcoin is volatile. The graphs can show its development throughout the years and there are so many up and downs of the coin. But its greatest point is just this December 2017 where it reached 18k. For me, it's volatility also helps as long as it is a positive effect on the investors and for everyone who is involved in cryptocurrency. For me, even though its value is around $8,000 it is still positive because the investors can buy more and its value last December proved that it has a future. And if you are going to compare its value to other years where bitcoin existed, $8,000 is not a bad value at all.

jose111

jr. member

Activity: 175

Merit: 1

We need to admit the fact that cryptocurrency is systematic form of volatility features which is can makes more valuable and productive in some other ways and it's also makes things miserable. All of virtual coins may encountered this volatility but the mostly important thing is we should know how we can survive to this system even it has a high volatility. But after all of it I think btc will survive and do striving to breach it's valuable cost and stand strong in the market. I believe that btc has a strong foundation and has the ability to continuously producing benefits to people

SHawk

sr. member

Activity: 658

Merit: 250

The Volatility of Bitcoin depends on the situation surrounding it at that given period in time. It may be high and it may be low. There is high prices of Bitcoin in future when Demand for it is very much elastic while so many people are keeping hold of it. But when there is effect of peradventure FUD for instance, it brought about a negative impact of this volatility and holders tends to dump thereabout, the decrease in price manifested again. However the probability of high price is in most cases higher than the probability of the low price.

Psynthax

hero member

Activity: 2366

Merit: 504

Quote from: warrior333 on March 29, 2018, 08:18:49 AM

The price of bitcoin is volatile because most users use bitcoin now only for speculation on the stock exchange. This makes the price of bitcoin dependent on the actions of speculators. If bitcoin will have the properties of the currency the coins will be more evenly distributed among users and prices will be more stable. But to do this, you need to have a desire to make changes to the properties of bitcoin.

Bitcoin still to be considered as store value or commodity but the fact whales were dumping the market right now. Crypto is in battling with government about the legalization. But what do you mean about properties of bitcoin? Did you mean bitcoin backed by real estate? Sounds pretty weird for me to hear that. Crypto market goes wild right now.

rommelo24

copper member

Activity: 364

Merit: 0

Quote from: MCJamison1987 on March 26, 2018, 04:26:27 PM

How does the BitCoin rise in future depending on how volatile is BitCoin?

Bitcoin is very volatile that you should be strong enough to withstand it if you have a cryptocurrency portfolio. The price of bitcoin is dependent on the market, whenever people dump their coins so we can expect a decrease in price.

Ini35

member

Activity: 448

Merit: 12

Volatility is one of the main features of cryptocurrency and Bitcoin is the main coin in cryptocurrency. It can easily fall and can easily rise. Yes, due to this nature, Bitcoin is likely to reach another peak this year. It might be higher than what we had experienced or seen in the past. Anything can happen.
The activities of traders on cryptocurrency determine the volatile nature.
Also, another main determinant is the multiplier factor. For instance, if many decimal units of Bitcoin worth $1, multiplying the units into one factor will have a significant effect of the price. So, it can either rise or fall easily.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: MCJamison1987 on March 26, 2018, 04:26:27 PM

How does the BitCoin rise in future depending on how volatile is BitCoin?

January 2017 price of bitcoin: ~1K usd
December 2017 price of bitcoin: ~20K usd
March 2018 price of bitcoin ~7500 usd

So that alone shows how the price is very volatile. To rise in the future, there need to be some positive news that will push the price to pick and rally and made another bull run. The rise to almost $20K was brought with the news that financials institutions like CME and CBoE offering bitcoin future contracts. Sadly though, I think it can also be considered as a contributory to the downfall as what we have been witnessing today.

pikebu

hero member

Activity: 854

Merit: 522

Quote from: MCJamison1987 on March 26, 2018, 04:26:27 PM

How does the BitCoin rise in future depending on how volatile is BitCoin?

Well... I don't know what do mean with it, but the bitcoin's volatility is good for trading activity and it will be followed by almost all of alternative coins. In my personal analysis technical actually bitcoin's volatility is up trend for long time although right now the bitcoin's price was decreased its values, so don't worry about the volatility in bitcoin.

warrior333

sr. member

Activity: 406

Merit: 253

The price of bitcoin is volatile because most users use bitcoin now only for speculation on the stock exchange. This makes the price of bitcoin dependent on the actions of speculators. If bitcoin will have the properties of the currency the coins will be more evenly distributed among users and prices will be more stable. But to do this, you need to have a desire to make changes to the properties of bitcoin.

EastSound

sr. member

Activity: 1377

Merit: 268

i think bitcoin will go higher as time goes by because big investors are already making their move to legalize it in every country, some countries would try to ban it and make the price of it lower for them to invest in that situation. but im positive that it will surely can go back higher than before.

hotBriX001

jr. member

Activity: 224

Merit: 6

The revolutionary trading ecosystem

Quote from: MCJamison1987 on March 26, 2018, 04:26:27 PM

How does the BitCoin rise in future depending on how volatile is BitCoin?

Bitcoin value is very volatile but if it is shifted in increasing we are lucky enough for the profit that we get it. Bitcoin volatibility is normal in situation because this kind of business is either we gain or we loss. If volatibity is in favor of your investment then grab it if you think that you will earn more profit from it when rising in the future. Always think that volatile behaviour is either win it or loss lt.

MCJamison1987

newbie

Activity: 185

Merit: 0

How does the BitCoin rise in future depending on how volatile is BitCoin?

Topic: How volatile is BitCoin? (Read 121 times)