There is no reason for small price changes, Stop looking! - page 2.

Kprawn

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Quote from: jondeen707 on November 26, 2016, 03:00:46 AM

Being a speculative investment asset with lower liquidity bitcoin is inevitably subject to such price swings. So they are quite natural and definitely not out of the ordinary.

It all depends on how you see this. You do not want a "currency" with high volatility, because the merchants do not like to operate in such a

volatile environment. If you use this as another commodity, then volatility is your best friend as a day trader. A lot of money are to be made

from a volatile commodity like Bitcoin. Cool

Ayers

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yes i agree, i only look at correction that are significant in the range of 30% and not +/-5%, people are too paranoid about bitcoin price, they think they could lose everythign in one night, and they keep looking at the price because of this fear, good experience tranders never look so much at the value they play with the value and follow the trend

btcdiggingmaster

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Quote from: rajasumi3 on April 03, 2017, 06:12:15 AM

i also think that keeping an look on the price for a very small amount of change and wasting time on it . and spamming posts is not advisable at all. the price of bitcoin will keep on rising and go down at the mid of month thats for sure.

Exactly, when it comes to bitcoin don't look for small margins, sometime you may loose for price movement. So don't waste your time, now bitcoin price will increase because now Russia and Japan legalize the bitcoin.

rajasumi3

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i also think that keeping an look on the price for a very small amount of change and wasting time on it . and spamming posts is not advisable at all. the price of bitcoin will keep on rising and go down at the mid of month thats for sure.

chaser15

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Quote from: kryptqnick on December 15, 2016, 04:20:51 PM

...Now if btc price drops to $700 some people will try panic selling and others enthusiastic buying and not only it helps to stabilise btc but it involves some btc circulation, makes it alive which is always good for money.

On the other hand, we can also see some traders will risk more by continuing holding their coins since they already on the verge of the loss. So rather minimizing the loss, they will face more risk. By doing that kind of risk activity, they must also take advantage of the said price decrease and go again for another round of buys.

Possible scenarios:

Bought @ $750 = Price now decrease to $680 = Decided to hold since already a loss and just sleep those coins waiting for price increase

Bought @ $680 = Price now increase to $750 = Up to the trader if it will be sold

Then the coins bought @ $750 will now begin it's process of waiting their desire price to sold it.

kryptqnick

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Quote from: Red-Apple on November 24, 2016, 08:20:08 AM

I strongly agree. There is no reason for some emotional reactions, panic selling or buying and deeply questioning about some "secret" reasons for increase of the price.
Current pumps and dumps are within the range of normal Bitcoin price fluctuation and volatility so everything is under control. However, we'll see what will happen in the future.

You are right in a way of course just like the OP is. Fluctuations are okaynot only with btc but with anything. However, I think that it is panic and reaction on this panic which makes btc stable, so let it be this way. Now if btc price drops to $700 some people will try panic selling and others enthusiastic buying and not only it helps to stabilise btc but it involves some btc circulation, makes it alive which is always good for money.

Vaskiy

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Quote from: Tanic on December 11, 2016, 06:55:15 AM

I think you are right. I don't check the price for bitcoin daily. I notice any changing when I check my campaign's payment once a week. I noticed that bitcoin is changing during a day, but as you already said 50$ changing to bitcoin is something normal. And when there is changing higher always there is some concrete information "WHY?"

Bitcoin price variation happens very low when the amount for change seems to be very low. At the same these small amounts were to make big variation in the price in relation to the time. Buying and selling suddenly as a mass from those small amount changer leads to the small variations.

Tanic

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I think you are right. I don't check the price for bitcoin daily. I notice any changing when I check my campaign's payment once a week. I noticed that bitcoin is changing during a day, but as you already said 50$ changing to bitcoin is something normal. And when there is changing higher always there is some concrete information "WHY?"

BitcoinPC

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I really agree with you thoughts, also in my eyes, it is useless that if bitcoin go up $5 to $50. But when i saw many threads people are deeply replying on them and full of confident and feel that kind of happiness that bitcoin has down some bomb bloat, but in fact bitcoin go up only $5 to $10. I think we are imagine that suddenly bitcoin come cross $1000. But in reality, it is total different.

xIIImaL

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Quote from: AlexM on December 01, 2016, 02:42:48 PM

I don't take stock of price changes unless they are 10% up or down. I think Bitcoin is currently undervalued and should be nearer $2000. I shall see how long it takes to get there and then I shall re-evaluate.

To reach the value to 2000$ and more will take atleast one year from now I think. Due to this christmas pump only price is getting increase continuously without getting any small dump. Will wait and see the price chart in upcoming days to see your speculation happening or not.

AlexM

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I don't take stock of price changes unless they are 10% up or down. I think Bitcoin is currently undervalued and should be nearer $2000. I shall see how long it takes to get there and then I shall re-evaluate.

Kprawn

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Hey, Bitcoin is all about volatility and hype and shilling and mini dumps and whales pushing the price around. If you see this, and you ignore

it and just concentrate on long-term goals... then you would be fine. I bought a few Bitcoin more than a year ago, and tripled my investment

capital after +/- 1 year. { Buy low, Sell high } .... Look long-term, and you will prosper. Grin

1Referee

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Quote from: error08 on November 27, 2016, 10:42:17 AM

We always looking for good news and reasons behind the fluctuations.

There is no real point into looking for reasons as to why pumps and dumps happen, while it's most of the times purely the manipulation that gets the markets to move. Quite often you see how repetitive the market patterns are. If you know how to spot them, and use these swings in your advantage, then it's very easy money. Most of the times these price swings have a hight of $5-$25 that you can use in your advantage several times a day.

If you have 10BTC to trade with, then let's say you secure profits at $15 per coin x 10BTC = $115 profit. If you do that 3 times a day, then it will net you $345 per day. Of course you have to deduct trading fees from that amount, but that's just peanuts. But then again, it's not happening every day. You have to focus on days with a decent level of volatility.

pooya87

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Quote from: n0ne on November 29, 2016, 11:27:55 PM

The small variation happening is normal as most users have quoted, this price fluctuation at times happens due to the increase and decrease in circulation of bitcoin around the entire network in accordance to time.

nah, it is not about the "circulation around bitcoin network!" the small changes as RyNinDaCleM has mentioned above is because of panic buy/sells from newbie traders and the fact that there isn't much liquidity so they can change the price in this manner.

n0ne

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The small variation happening is normal as most users have quoted, this price fluctuation at times happens due to the increase and decrease in circulation of bitcoin around the entire network in accordance to time.

error08

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Quote from: bitbunnny on November 24, 2016, 08:54:15 AM

Quote from: Red-Apple on November 24, 2016, 08:20:08 AM

I keep seeing new topics in this board looking for reasons for rises or drops and they always have one thing in common: the change has been small.

I say any change smaller than $50 is normal with bitcoin and it is because of the normal fluctuations that any other market also has. but the range of changing is bigger with bitcoin because its market cap is much smaller than others.

what are your thoughts on this?

I strongly agree. There is no reason for some emotional reactions, panic selling or buying and deeply questioning about some "secret" reasons for increase of the price.
Current pumps and dumps are within the range of normal Bitcoin price fluctuation and volatility so everything is under control. However, we'll see what will happen in the future.

Indeed, everyday fluctuations below $50 consider as normal but we always looking/check it, don't want to be shocked if the price suddenly drop or smile when it goes up. The right time to sell, I think that's the reason why some people continuously monitor the price if hit certain point, specially for daily traders. We always looking for good news and reasons behind the fluctuations.

talkbitcoin

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Quote from: pitham1 on November 26, 2016, 11:44:17 PM

Quote from: lumeire on November 24, 2016, 06:56:46 PM

Well if you are into day-trading these small changes are what will make you money. Every bit of info is somehow important IMO.

Day trading is a recipe to lose money, if you don't trace the market closely. You might make pennies for a few days, but if a huge move catches you off guard, all your earnings can be wiped out.

i disagree.
i gave short term trading a try for a while a couple of months back when i had more time and i have to say it is not as bad as you think.
you can make profit but you still need to read the market movement and make your decisions that way but instead of looking at long term you should consider everything in a much shorter time.

the problem with it is the big amount of time it consumes, which is not exactly compatible with my scheduled.

TheGodFather

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yeah . that's why i dont take it seriously when it comes on price changing because its the bitcoins regular fluctuation and its a part of the daily rate. just like other currency its not stable as long as the economy keeps cycling

pitham1

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Quote from: lumeire on November 24, 2016, 06:56:46 PM

Well if you are into day-trading these small changes are what will make you money. Every bit of info is somehow important IMO.

Day trading is a recipe to lose money, if you don't trace the market closely. You might make pennies for a few days, but if a huge move catches you off guard, all your earnings can be wiped out.

Yuuto

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Quote from: Red-Apple on November 24, 2016, 08:20:08 AM

I keep seeing new topics in this board looking for reasons for rises or drops and they always have one thing in common: the change has been small.

I say any change smaller than $50 is normal with bitcoin and it is because of the normal fluctuations that any other market also has. but the range of changing is bigger with bitcoin because its market cap is much smaller than others.

what are your thoughts on this?

Well, I think that there are a lot of factors that contribute to bitcoin's rise and fall. Sometimes it is just pure variance that is expected to happen. There is not really anything interesting going on in natural market variances.

Sometimes there is somebody buying a big amount, maybe just for his own investment. Other times someone could be cashing out on his investment. Doesn't have to be always big whales that are buying in.

Topic: There is no reason for small price changes, Stop looking! - page 2. (Read 2637 times)