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

legendary
Activity: 3542
Merit: 1352
Cashback 15%
The weak handed are the only ones who are inclined to ask negative thoughts about small price changes on bitcoin. But to be frank, $50 jump within a single hour is really fascinating, though if within the day, it can be considered normal because that's how this market goes. They are used to stable prices on different commodities and must have forgotten that bitcoin is an active, fast-paced market.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

no, $100 is big. actually %50 is still big. and as i explained a couple of comments above, something around $10 to $30 is normal for the current bitcoin market size and it can be considered as daily fluctuations.

and yes it can be stable with small changes. just like small changes in USD price or Gold price,... but it needs to become bigger. the market has to grow and the exchanges have to change and become bigger. the orderbooks, although looking big, are still small and they can easily be sold to or bought so that price changes big time.
and that will only change with more adoption.
I think as time passes and we keep seeing the price of bitcoin this high there is the chance we will attract a part of the investors in the gold market, after all gold and bitcoin share some characteristics and the user base also has a lot in common with gold holders since they want to protect the value of their investments.
legendary
Activity: 3038
Merit: 1169
I think it is OK and normal to react that way, they are just newbies that only wants a better income in this bitcoin investing thing and I think the well experience ones are still feeling the same thing, they see the market cap was small but the exchange rate is this much high, they always thinking that it is very useless if they don't do a thing, and my opinion is stay focus and calm it is better that way!
sr. member
Activity: 1484
Merit: 253
Well, price changes has many reasons for us who really monitored bitcoin price all over the trend happening everyday. We could not stop looking unto it because honestly most users and investors of digital currency have a serious bindings of every bitcoins price drops, it means so much for us and profit is the main reasons here.
hero member
Activity: 1470
Merit: 655
Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

no, $100 is big. actually %50 is still big. and as i explained a couple of comments above, something around $10 to $30 is normal for the current bitcoin market size and it can be considered as daily fluctuations.

and yes it can be stable with small changes. just like small changes in USD price or Gold price,... but it needs to become bigger. the market has to grow and the exchanges have to change and become bigger. the orderbooks, although looking big, are still small and they can easily be sold to or bought so that price changes big time.
and that will only change with more adoption.
legendary
Activity: 3332
Merit: 1191
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?

Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.

The real traders focuses on small price changes and buy/sell the coins to get high benefits. The reason they get benefit is that fact they invest high volume of coins and a single unit of increase and decrease is like thousand of dollars for them.

Stock market offer the same thing just with other currencies, and dollar/euro/.. have fluctuations and some people earn a lot by exchanging them. This is now other topic how they do it with dollars, bitcoins, and how much money someone needs to have to make profit from this kid of trading. This trades on a high scale make all market fluctuations, and with lot of money and knowledge people can manipulate with this.
legendary
Activity: 1190
Merit: 1024
It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.

The real traders focuses on small price changes and buy/sell the coins to get high benefits. The reason they get benefit is that fact they invest high volume of coins and a single unit of increase and decrease is like thousand of dollars for them.
hero member
Activity: 742
Merit: 500
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 vlatility so everything is under control. However, we'll see what will happen in the future.
Yes, its quite natural to see a small change in price any time.It should not be taken as a matter of serious discussion.It differs in accordance to the increase and decrease in buy and sell orders.but if there is a big difference in price,then it has to be considered.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Every small change in price has got some reason. It might be happening due to technical move or depending upon the market. Very few doesn't care of the small changes. I believe even small changes were valuable and the people who committed to it easily profit with that.
legendary
Activity: 1190
Merit: 1002
Technically there is a reason for every price change, if the price rises then that means there are more buyers, if the price drops then that means there are more sellers, however the reasons for small prices changes cannot be defined since it may be a random event, maybe more people need to pay for something and then they sell their coins and that makes the price drop a little bit.

Ya it is true that big changes have the real reason behind it but for small change in trading it is just buyer and seller traders who are flicking it. People only get panic on big movement of price in bitcoin till then they dont care much but they dont know that on every big movement before it goes the change comes in small and we have to take care of that that what is that little change whether it is going upward slowly or downward slowly so that we can recognize the next movement of price
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Technically there is a reason for every price change, if the price rises then that means there are more buyers, if the price drops then that means there are more sellers, however the reasons for small prices changes cannot be defined since it may be a random event, maybe more people need to pay for something and then they sell their coins and that makes the price drop a little bit.
hero member
Activity: 1470
Merit: 655
fake news and because of this panic selling occurs. So this may be a trick of bitcoin rival who simply want to create chaos

fake news and panic selling will always create big swings not small and that is "a reason" for a big change.

by the time i created this topic (2016-11) bitcoin price was mostly stable and price went up and down upto $10 and everyday price went down $10 people made new topics asking why it happened and everytime it went up $10 the same story. so i made this to say "Stop looking for reason for tiny changes"
hero member
Activity: 672
Merit: 500
There's nothing you can do about it , that's what actually happens in stock market most rival companies simply spread
fake news and because of this panic selling occurs. So this may be a trick of bitcoin rival who simply want to create chaos
and drop the price of bitcoin or these are newbies who have no idea how bitcoin works.
legendary
Activity: 2954
Merit: 1153
I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.

Well definitely it cannot detect the future price but we can use it as reference on every events that happen in Bitcoin and successfully predict the price's next movement.  News and updates on development and adoption more likely tells and give impression that Bitcoin will definitely increase in value though I am quite surprised that the latest etf rejection being negative news about BTC does not affect it price, instead Bitcoin keeps on recovering its price.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
The price changes happening with bitcoin is a normal thing, only the big increase happens in respect to some technology update​s or some other related factors. One such thing happened recently and minor fluctuations were common and that's the one which makes bitcoin the best.
legendary
Activity: 1246
Merit: 1000
I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.

Looking at the news and predicting the price is reactive. You will fail to make spectacular gains.
If you can predict the news, then you may be at an advantage.  Smiley
hero member
Activity: 560
Merit: 500
I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.
hero member
Activity: 959
Merit: 500
It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.
I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
hero member
Activity: 546
Merit: 500
It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.
hero member
Activity: 882
Merit: 544
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 agree with you that changes smaller than 50$ is normal since everyday transactions happen  and orders are fulfilled whether it be a buy or sell. The range of changing of bitcoin is bigger I think not because of market cap but because of the large volume of transactions everyday. Though changes might be small, it can be a significant up or down in price since these small changes sometimes indicate a huge pump or dump.
legendary
Activity: 1904
Merit: 1074
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
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
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
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
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.
full member
Activity: 266
Merit: 100
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.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game

...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.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!

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 $700 some people will try panic selling and others enthusiastic buying and not only it helps to stabilise btc but it involves some btc circulation, makes it alive which is always good for money.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
I think you are right. I don't check the price for bitcoin daily. I notice any changing when I check my campaign's payment once a week. I noticed that bitcoin is changing during a day, but as you already said 50$ 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.
sr. member
Activity: 294
Merit: 250
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?"
hero member
Activity: 812
Merit: 500
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.
legendary
Activity: 1372
Merit: 1005
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.
member
Activity: 114
Merit: 10
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.
legendary
Activity: 1904
Merit: 1074
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
legendary
Activity: 2170
Merit: 1427
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.
legendary
Activity: 3472
Merit: 10611
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.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
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.
hero member
Activity: 1036
Merit: 514
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.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
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.
hero member
Activity: 854
Merit: 500
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 Smiley
legendary
Activity: 1232
Merit: 1000
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.
hero member
Activity: 644
Merit: 501
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.
member
Activity: 84
Merit: 10
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.
hero member
Activity: 1330
Merit: 569
Sometimes even me myself just wonder why people seek to believe they must have all the answers. Its not possible and I agree with you. Although there are explanations to every changes but it is also OK if I dont know the answers. Maybe because of the amount of Bitcoin I have currently and the activities I am involved in, I still dont bother myself to know the very explanation to every rise or fall of Bitcoin. I wake up, I see a rise I am happy if otherwise, I adjust and move on.
legendary
Activity: 966
Merit: 1006
All trading assets have price swing and as bitcoin is also in trading market pumps and dumps should be considered as normal. The one who can understand this ups and downs are normal and you can earn good profit playing with it will earn good profit daily while the others who keep getting panic on small price pump and dump will end lossing all. This is simple rule of trading... Wink
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
50 $ up or down is really not a big deal for bitcoins, and that doesn't need to mean anything. After 50 $ drop, for bitcoins is normal to increase 100 $, or reverse to happen.
There is a lot of reasons for this small price changes, with bitcoins we always have something happening. And bitcoin is vulnerable to all positive and negative impacts, thats why we see so much fluctuations.

it depend if it drop 50 and then it drop another 50 within a week we are looking at a dump trend, otherwise it can just be manipulation, but some correction can some times lead to big drop and panic selling, the opposite is also true with small pump
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
50 $ up or down is really not a big deal for bitcoins, and that doesn't need to mean anything. After 50 $ drop, for bitcoins is normal to increase 100 $, or reverse to happen.
There is a lot of reasons for this small price changes, with bitcoins we always have something happening. And bitcoin is vulnerable to all positive and negative impacts, thats why we see so much fluctuations.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
I agree that the current ups and down in price of BTC is just the regular fluctuation that the whale took advantage to get profit.  Since they have plenty of BTC, any change in amount may it small or big will benefit them.  Any huge movement in price simply mean there is something going and something big is involved with it.
hero member
Activity: 910
Merit: 501
I do not call 50 usd a small change on the current price. That is more than 5%!

I agree that some people overreact when the price changes by 10 or so USD, but a 50 usd drop usually means something bad is going on.

Fluctuation is part of bitcoin, just as it is part of anything that is being traded on an open market.

I wouldn't call a $50 drop bad.It happened so often before.
To me it just means that some big guys are playing with the market again.
And when that happens I try to stay out of trading because it is too unpredictable and the chance of getting burned is high.

I think as well that drops in a range of 50$ do not matter.
Sometimes they happen just because it's weekend and the amount traded is not that high.
Then even a smaller fish who wants to liquidate his coins can lead to a drop.
I have learned to stay cool meanwhile.
legendary
Activity: 1442
Merit: 1016
I do not call 50 usd a small change on the current price. That is more than 5%!

I agree that some people overreact when the price changes by 10 or so USD, but a 50 usd drop usually means something bad is going on.

Fluctuation is part of bitcoin, just as it is part of anything that is being traded on an open market.

I wouldn't call a $50 drop bad.It happened so often before.
To me it just means that some big guys are playing with the market again.
And when that happens I try to stay out of trading because it is too unpredictable and the chance of getting burned is high.
legendary
Activity: 1288
Merit: 1000
I tend to agree with Red-Apple here. Price changes lower than $50 are not that significant when Bitcoin is more than $700 now - it is normal market fluctuation.
Unless I see some market/political/general news and events I can connect to shifts of bitcoin's price until then I will blame small price fluctuation on bitcoin innate volatility.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
Well if you are into day-trading these small changes are what will make you money. Every bit of info is somehow important IMO.
legendary
Activity: 1946
Merit: 1007
I do not call 50 usd a small change on the current price. That is more than 5%!

I agree that some people overreact when the price changes by 10 or so USD, but a 50 usd drop usually means something bad is going on.

Fluctuation is part of bitcoin, just as it is part of anything that is being traded on an open market.
hero member
Activity: 1372
Merit: 503
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?
There are some thread that the issue of this is the "BLACK Market" or they called it thanks giving in america but if theres any reason why the price is drop into small cut then this is a thing that is really common in trading or in market this is realyl happening daily or hourly when the price is drop then there are some traders that they are selling there bitcoins in markets.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
I agree with you and also without any price swing like this there will be no any trader trading bitcoin for profit daily. We have to look at bigger picture or we have to look at price trend of bitcoin for a half year or yearly period not 1 minute chart for last 60 minute or 15 minute chart for a day. $10 to $20 swing can happen within a hour which is normal for bitcoin.
hero member
Activity: 1148
Merit: 504
It is just normal to ask reasons for increase or decrease in the price of bitcoin. Even small changes should raise some concern. They are invested into it anyway. You know what will be more concerning? If people do not ask or care about the price movement anymore. It will just mean they are done with bitcoin.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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?

It's usual to see some people with thoughts like that as we have different view. Don't mind them to research what is really happening. It's their precious time after all. Honestly even a $10-$20 continous decrease in a matter of minutes or hours will bring worries to some people and will ask what is the reason behind all of that.

Well FUD are everywhere and it's up to the people how they will deal with any reasons, speculations, own analyzations etc that they will encounter.
legendary
Activity: 1372
Merit: 1005
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 am not aware of it buddy. but I have noticed that price use to pump on the weekends only. I do not the reason for it. However this happening from the past 2 months and it healthy for the bitcoin only right. So let it be.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
You know that people love good news or share FUD in here, right? Roll Eyes

People should've knows that most people made pure speculation (without good analyzing skill or trading experience)
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
The larger changes aren't because of smaller market cap, it's because of lower exchange liquidity and noob traders which are far more emotional and easily duped. I also think market cap is a bad metric in Bitcoin. The cap keeps rising every 10 minutes whether a coin has been sold, bought, or lost in that time.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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.
hero member
Activity: 1470
Merit: 655
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?
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