Is bitcoin volatility here to stay? - page 17.

qwertyup23

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Volatility will remain in cryptocurrencies for as long as no government entity or third-party would ever control over its production, price, and supply in the market. Since cryptocurrencies have a limited supply in the market, its price would primarily determined by the law of demand and supply.

Compared to any conventional investment methods preset, almost all of them are governed by each entity. That is also the reason on why the returns on such investment is significantly lower compared to Bitcoin but with the expense of having collateral and security.

Rooster101

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Volatility is the reason why traders and users earn some profits by trading it in the exchange or holding it till its price go up. Volatility have been a part of every cryptocurrency's nature with the exception of stablecoins.The rapid fluctuation in the price of bitcoin may be risky to every user but it also beneficial to the investors if the bitcoin go into bullrun. Every user should learn how to manage risks to prevent further losses when dealing with the cryptocurrencies.

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Quote from: HELLOFF on July 01, 2019, 04:21:26 PM

What happened in the last two years is real evidence of why people join the cryptocurrency community. Those who invested until 2016 now have a fairly good profit, especially considering the growth in 2017. And the desire to get rich is still present today and that is why volatility attracts people to Bitcoin.

That is right, volatility is what really attracted lots of people to cryptocurrency generally and not only bitcoin, people are here in the industry to make money and have not yet fully embraced the main reason for creating a cryptocurrency technology. Volatility will not complete disappear in the cryptocurrency market generally, it has come to stay, it will only be reducing in some coins as time goes by, because the more we progress in this industry, the more new projects are being created and new volatility being created also.

Bitcoin volatility will eventually disappear in future, although not completely, but at least its volatility will be 90% gone, by then, it will automatically turn to an expensive stable coin, and people will be using more of satoshi then.

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Now, volatility is risky for some people I can totally understand that but if you ask me volatility is the proof that we are seriously in a deregulation market that has no central controlling government or any place that could actually threaten the well being of bitcoin. Look at other markets, when a company does something shady or whatever government takes care of it right away, they jail them or they punish them with extra legal costs and so forth.

However, if you look at bitcoin there is no central location that could do that which means we can totally go to a million dollars per bitcoin and drop to 100 bucks per bitcoin and nobody has the authority to ask us anything, there is no "bitcoin federal bank" or whatever that could be called upon, who are you going to call if you want to punish bitcoin, we are all bitcoins center, every single one of us so volatility is not going anywhere.

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Quote from: HELLOFF on July 01, 2019, 04:21:26 PM

What happened in the last two years is real evidence of why people join the cryptocurrency community. Those who invested until 2016 now have a fairly good profit, especially considering the growth in 2017. And the desire to get rich is still present today and that is why volatility attracts people to Bitcoin.

But what will happen if the volatility keep contiues while more and more people coming into the market,feels like market will boom at some point. Embarrassed

But reality is the volatility will be ther forever but the range of volatility can be increase when we start using cryptos for making paymanet and everyone will do this means we are not in need of exchanging them into fiat.

Fundamentals Of

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Volatility is simply attached to Bitcoin. It cannot simply be controlled. Remember that investors and other Bitcoin owners and traders are constantly selling and buying Bitcoin depending on the particular prices. This gives the price movements of Bitcoin more changes very often. Moreover, Bitcoin's demand is highly affected by several factors outside the trading platform. That is why a lot of traders are constantly looking out for news that might affect the price.

Finestream

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Quote from: HELLOFF on July 01, 2019, 04:21:26 PM

What happened in the last two years is real evidence of why people join the cryptocurrency community. Those who invested until 2016 now have a fairly good profit, especially considering the growth in 2017. And the desire to get rich is still present today and that is why volatility attracts people to Bitcoin.

Exactly.Bitcoin's volatility is what makes all the people here in crypto community gets attracted and thrilled whenever a big pump or dump happen.If you have been holding your bitcoins for such a long term and you sell it when its price have reached its peak,i'm sure you will really make huge profits.That's why i totally believe that with bitcoin's volatility becoming rich is never that hard and impossible.

HELLOFF

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What happened in the last two years is real evidence of why people join the cryptocurrency community. Those who invested until 2016 now have a fairly good profit, especially considering the growth in 2017. And the desire to get rich is still present today and that is why volatility attracts people to Bitcoin.

guoyu78

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

The change is not really strange to me , and I don’t expect bitcoin volatility to disappear or drastically reduce for now, when we still have enough supply in the market for us to play around with, which is also more than enough for the market makers to use to manipulate the market as they like, but like you said, as time goes on, and since bitcoin has a finite supply, there is no way the volatility of bitcoin would not disappear.

That will be when the supply is extremely limited and bitcoin would be more useful as a stable coin then other than the way we all use it for investment now, I think we will be having another 5 years more before we can get to that stage of non-volatility of bitcoin, then it will also be more useful to store of value like gold, because it will also be very expensive then to purchase.

bering

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Some people says the current price of bitcoin is too volatile because in the same day the price can be pumped over $1000 or dumped more than $1000 and during use bitcoin volatility seems always be there and apparently volatility is became an bitcoin nature which is cannot be change and maybe rather than other currency then bitcoin is more unique because belong to this character but following to the development of bitcoin maybe it will slightly decrease depend on market situations

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Quote from: 1Referee on June 30, 2019, 05:40:59 PM

Quote from: Febo on June 30, 2019, 11:59:14 AM

I agree with you what happened last days was strange and on my opinion it was clear market manipulation.

You have been here long enough to know that what he have seen in the last couple of days isn't strange at all.

It's definitely not market manipulation, but the aftermath of a brutal rejection from a very important resistance level. You know what's strange? People don't complain about manipulation when the price pumps with $1000-$1500 in a matter of hours, but when the price goes down like that it's suddenly a problem.

A lot of these larger price swings are fueled by long/short squeezes, and when the market is already wildly fluctuating, it can look a bit messy.

people will always be negative if the price goes down. a normal reaction from individuals who want a continuous price increase. but we are in the real world, we can't expect things to be in smooth sailing, the fluctuation of btc price makes it more interesting...

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now we can't predict the bitcoin volatility, whatever happens. but I hope there will be no more bear markets this year. because the price of bitcoin is still not reaching the maximum price as in 2017

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Quote from: Febo on June 30, 2019, 11:59:14 AM

I agree with you what happened last days was strange and on my opinion it was clear market manipulation.

You have been here long enough to know that what he have seen in the last couple of days isn't strange at all.

It's definitely not market manipulation, but the aftermath of a brutal rejection from a very important resistance level. You know what's strange? People don't complain about manipulation when the price pumps with $1000-$1500 in a matter of hours, but when the price goes down like that it's suddenly a problem.

A lot of these larger price swings are fueled by long/short squeezes, and when the market is already wildly fluctuating, it can look a bit messy.

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The situation will develop very well for those who have not set a goal to receive the only possible income from the cryptocurrency market. Such people will always have problems, because Bitcoin will improve its place in the cryptocurrency market for quite a long time. Those users of cryptocurrency who fully exploit the potential of the cryptocurrency market can survive any market situation.

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

The possibility of volatility will remain, even though there is a reduction but it will not make prices more stable for a long time, maybe over time we will get something big changes that will make prices more stable and for now and the next few years I feel volatility it will still happen.

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

Bitcoin price volatility will not decrease as long as it remains decentralized. Neither its mass acceptance in the world, nor the increase in its price can affect the decrease in its volatility. On the contrary, I believe that with an increase in the price of Bitcoin, its volatility will also increase. The higher its price, the greater will be the range of its rise and fall.
Demand and supply will always be changeable.

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I am sure that even if the state regulates cryptocurrency, then state structures will have nothing to do with cryptocurrency due to its volatility. Today, some stable coins in the cryptocurrency market provide a certain guarantee for users of cryptocurrency, which in certain situations can fix their balance on the same level. It is to such cryptocurrencies that relationships can change drastically and stable coins can be officially supported from the state budget. But not the fact that there will be.

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Quote from: bozo333 on June 28, 2019, 04:12:55 PM

This volatile it nature of Bitcoin only makes all the people to talk ok about Bitcoin and do investment over cryptocurrencies. If there is no volatile you will not find this much cryptocurrencies in the market place and no one believe that this cryptocurrency is there have it's values.

I agree, the main reason why people invest in bitcoin is its volatility, if volatility is not present then no one would have invested in cryptocurrencies. Volatility is already tied up with bitcoin or cryptocurrencies so it will really stay no matter what.

"the main reason why people invest in bitcoin is its volatility"
True

"if volatility is not present then no one would have invested in cryptocurrencies"
The opposite is the case.
Most investors, private but particularly institutional ones, are not invested in cryptos precisely because of its volatility.
Think for example pension funds, or sovereigns.
They are prevented to invest in assets volatile like Bitcoin.
That explains the current success of stablecoins.

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Bitcoin's volatility is exaggerated due to the unequal distribution of the coins. The theory is that a more distributed coin will decrease volatility, because it helps to shift large amounts of coins from individual to more individuals. So, if single whales can be reduced, we should see less volatility and a more stable price.

I am not sure if this will ever be the case, because we are on the brink of introducing institutional capital to the Bitcoin market and those fiat whales will buy large amounts of coins and they will become the next whales. Roll Eyes

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Quote from: franklin2058 on June 28, 2019, 04:08:04 PM

I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.

Is bitcoin volatility here to stay and not decrease?

It should decrease over time. I agree with you what happened last days was strange and on my opinion it was clear market manipulation. But Bitcoin will never be USD that keeps slowly decrease its value. It will keep going up and down over time.

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