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Topic: What's up with bitcoin ? (Read 818 times)

full member
Activity: 759
Merit: 105
January 10, 2019, 06:58:37 PM
#66
market is going with recovery mode as you can see there are many big news are preparing to release.so before market is going to be well .you can check your crypto less time and relax with other work.
The market now is in price correction which means it is dropping and most of the altcoins will suddenly turns red in meantime i guess. How long would the market be like this? That keeps bouncing back from 3.7 to 4.0 dollar. Yet there is no sign of the bull market because of this bull trap.
hero member
Activity: 2828
Merit: 518
January 10, 2019, 05:39:16 PM
#65
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal

Possible but not very likely as what we see these days is caused by supply squeezes when supply is running low on gas at lower prices (because no one wants to sell). That allows exchanges to play their favorite game - short squeezes. Hence sudden bursts of volatility. But despite tremendous volatility, we are still trading in a rather narrow range, with support provided by low supply and resistance by low demand. Obviously, this is not going to last forever and sooner or later, we will break out

Which direction exactly is anyone's guess
It something we challenge everyday and accepting this challenge will only the be way to survive. It actually there is no huge price increase as people will so seldom and not even selling their coins. If we all just holding our BTC, there is no market changes and it could be stack up with the price today.
We do want changes, so we do the trades even during the dips.
legendary
Activity: 3514
Merit: 1280
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January 10, 2019, 12:18:27 PM
#64
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal

Possible but not very likely as what we see these days is caused by supply squeezes when supply is running low on gas at lower prices (because no one wants to sell). That allows exchanges to play their favorite game - short squeezes. Hence sudden bursts of volatility. But despite tremendous volatility, we are still trading in a rather narrow range, with support provided by low supply and resistance by low demand. Obviously, this is not going to last forever and sooner or later, we will break out

Which direction exactly is anyone's guess
full member
Activity: 293
Merit: 109
January 10, 2019, 11:38:47 AM
#63
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal
hero member
Activity: 1246
Merit: 529
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January 10, 2019, 07:38:42 AM
#62
in my opinion it is not only bitcoin that has decreased even all crypto currency coins have also decreased very drastically we can only hope that bitcoin and crypto currencies will increase in the future

Well i think these coins will have their time one way or another. Like for now we're seeing a bull run for tron that saw it breach 800 sats from 500 sats just days ago. Bitcoin will eventually regain steam, and those who have the patience to wait will reap a good reward. Hopefully lol
copper member
Activity: 593
Merit: 10
January 09, 2019, 02:49:27 PM
#61
You have to relax and enjoy what you have now, don't panic too much and make you fall alone, the market is moving and observe the opportunities that exist and take the opportunity to panic not scare you
full member
Activity: 826
Merit: 104
January 09, 2019, 02:19:18 PM
#60
market is going with recovery mode as you can see there are many big news are preparing to release.so before market is going to be well .you can check your crypto less time and relax with other work.
sr. member
Activity: 714
Merit: 250
January 09, 2019, 01:53:22 PM
#59
in my opinion it is not only bitcoin that has decreased even all crypto currency coins have also decreased very drastically we can only hope that bitcoin and crypto currencies will increase in the future
sr. member
Activity: 790
Merit: 261
January 09, 2019, 10:39:38 AM
#58
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

I believe it will not go up-to such a low as BTC value is slowly recovering yes 4k mark is really good sign before Bakkt launch If this goes well and good I am sure BTC will pump. Yes it is under seesaw effect now however I am more confident the result will be good at the end.   
sr. member
Activity: 1372
Merit: 322
January 09, 2019, 09:18:14 AM
#57
The only problem is manipulation. The new bakkt game is resisting the price to a stable position. By the way, people don't like volatility, also don't like stability. Which one do they like in fact? BTC price will not change a huge before 2020.
sr. member
Activity: 726
Merit: 250
January 09, 2019, 09:14:06 AM
#56
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
The current time Bitcoin has reached a price of $ 4,000, I think that a lot of expectation too much time of Bitcoin depreciation and almost 2018 is a period of rapid fall of Bitcoin. Expectations are too much and cannot explain Bitcoin why is it increasing? Bitcoin will become better in a new time and increase milestones.
member
Activity: 139
Merit: 13
January 09, 2019, 09:09:46 AM
#55
Don't get fooled by looking at the temporary price variation in bitcoin because it is becoming successful day by day and anyone think otherwise what I can say is nothing to worry and bitcoin prices went down due to the uncertainty that people has regarding it and this is mainly because many news and media companies who only show negative things regarding bitcoin and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more bitcoin into business adaptation and increase of usability which might take some time but possible to happen that is why we can agree that this is just the beginning for bitcoin and its future progress
copper member
Activity: 2044
Merit: 793
January 09, 2019, 08:43:03 AM
#54
My take on this is that people are rather still conscious of buying bitcoin perhaps because of the manipulations they witnessed last year, while some others are already taking little profits off their stocks of bitcoins, which is the cause of those heavy fluctuations. I guess we might need a little to more time before things can get really stable once again.
full member
Activity: 1442
Merit: 106
January 09, 2019, 08:20:13 AM
#53
bitcoin is making waves everywhere it is found and where ever it is heard of. the masses are growing in their population adopting the technology and expressing gratitude over the discovery of the technology as they see the use cases on daily basis. bitcoin is the real deal and soonest the bull run will prove that.
full member
Activity: 490
Merit: 101
January 09, 2019, 08:15:51 AM
#52
See how much people were able to save with all shoes in the past, this total collapse will no longer look so sad. And there was not even hope that it could grow again, there immediately finish, and here 99.999% will be the return of any of the previous levels, no matter how many went.

 

I don’t care about profitability at all 😉 Salvage is evil! And the crypt very quickly explains it to people. Will teach all the greedy and cowardly, will prevent the parasitizing and exploitation of others, will eventually be a global redistribution.

 

If you really love the loot in the crypt, it is dangerous to go, in the crypt players, entrepreneurs, ordinary people, and those who are not interested in money as a goal, win.
legendary
Activity: 2030
Merit: 1569
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January 09, 2019, 08:04:16 AM
#51
Bitcoin is still at 4k, looks quite stable to me. When is this ETH fork event coming?
newbie
Activity: 73
Merit: 0
January 09, 2019, 06:59:43 AM
#50
Well now, Bitcoin is doing good in the crypto market. It somehow goes smoothly ups even little by little. And I am glad for that. I do hope that it will keep on its progress and will continuously goes up.
Little by little it's enough good tendency, isn't it? want to believe that 2019 will meet our expectations.
legendary
Activity: 2576
Merit: 1043
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January 09, 2019, 06:47:34 AM
#49
Not surprised at all as this happened already when Bitcoin is at 6000. No news heard also. I think this is common already with Bitcoin that the movement of it becomes stable. A small rise followed by a pullback. Price fluctuation of Bitcoin is normal already.
copper member
Activity: 299
Merit: 1
January 09, 2019, 04:36:40 AM
#48
well well well, i must say that bitcoin is working its way to the top, base on my little analysis am certain that bitcoin will moon before the middle of the the year.
legendary
Activity: 2576
Merit: 1655
January 09, 2019, 03:24:52 AM
#47
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
I think people are shifting exchanges to ETH because it is going to happen the Hard Fork event. The traders are trying to take advantage of this event to push ETH up and start liquidating it after they receive their reward in this event. I guess that after receiving the reward, traders will sell all of the ETH they hold at a higher price than what they have spent.

But ETH is also bringing the price of bitcoin up because of their fork. Definitely, speculators or traders are always taking advantage to squeeze more profit specially we are still in the bearish zone. As for the volatility, it's part of it's ecosystem and as much as we hate it, volatility sometime works on our side, that is if we know how to trade and take advantage of them.
member
Activity: 554
Merit: 10
January 09, 2019, 02:33:27 AM
#46
Well now, Bitcoin is doing good in the crypto market. It somehow goes smoothly ups even little by little. And I am glad for that. I do hope that it will keep on its progress and will continuously goes up.
full member
Activity: 476
Merit: 100
January 09, 2019, 02:15:17 AM
#45
It is Bitcoin just being Bitcoin and perhaps the rest of the cryptocurrencies as well. This is just a normal price movement on a daily basis even during the 2017 Bull Run the price rally we have seen is what we can call as abnormal movement compared to other market's standards. So there is really nothing special on Bitcoin's price movement at present as it is just what we see everyday. You will be comfortable with it as volatility will always be in the cryptocurrency market.
The price of the bitcoin is normal because it has characteristics of being volatile. As a trader, it is normal to see the changing of the price of the bitcoin all the times due to the supply and demand in the market.
member
Activity: 588
Merit: 10
January 09, 2019, 02:09:08 AM
#44
No one can know exactly answer. You see what in the market, that's the answer. Almost investors those who made benefit at 19k, they stayed out of market and waiting, so market need the time to accumulate.
sr. member
Activity: 952
Merit: 308
January 08, 2019, 11:50:44 AM
#43
fluctuations are a natural thing, last month BTTC touched $ 2800 and is now recovering around $ 4000 and everything is reasonable in my opinion. FUD or whale news that changes the trend is normal, we must be wise in making decisions
member
Activity: 434
Merit: 10
January 08, 2019, 06:47:08 AM
#42
No one can control the bitcoin price except to those who are holding big amount of bitcoin, because they can sell it in low price, so they manipulate the price, but in the reality we dont need to get worried on what happened in the bitcoin price because it`s will be okay again in the near future, so` its better to be patient and wait the right time so sell your bitcoin.
sr. member
Activity: 672
Merit: 250
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January 07, 2019, 06:37:57 PM
#41
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

The reason for such fluctuations is strong volatility and for the first time in 19 years, the stock exchange experienced the strongest collapse in history. This never happened that investors would lose such huge amounts of money in just one night. I myself lost a lot of money on January 3, when the yen fell.
hero member
Activity: 2632
Merit: 833
January 07, 2019, 06:04:21 PM
#40
Talking about fluctuations, last time I check the price is above $4K now. And as far as I can remember, we have seen fluctuations above $1K in 2017 (correct me if I'm wrong).

That's dependent on the space of time you are considering, the price was very volatile in 2017, rising quickly in the last quarter of the year and reaching a new all time high.
2018 was a relatively stable year, for a normally volatile market.

OP, the cryptocurrency market is defined by demand and supply and is likely to fluctuate in value.

Yes, that's what I said 2017.

And I don't know how you can call 2018 a "relatively stable year". It's a downward trend of epic proportions. We did see the price stabilizes around the $6K-$6500 mark (3-4 months). But it went on a spiral and even bottom at $3200.
hero member
Activity: 1806
Merit: 672
January 07, 2019, 01:53:15 PM
#39
It is Bitcoin just being Bitcoin and perhaps the rest of the cryptocurrencies as well. This is just a normal price movement on a daily basis even during the 2017 Bull Run the price rally we have seen is what we can call as abnormal movement compared to other market's standards. So there is really nothing special on Bitcoin's price movement at present as it is just what we see everyday. You will be comfortable with it as volatility will always be in the cryptocurrency market.
sr. member
Activity: 826
Merit: 250
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January 07, 2019, 01:19:30 PM
#38
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
Last few week bitcoin price running 3300$ to 4040$ and this year we will see bitcoin miracle. People are frustrated for bitcoin price and also crypto market situation last 1 year. Everbody hopefull this year bitcoin will be moon like as 2017 so just wait until june 2019 otherwise bitcoin price  down under 1000$ .
full member
Activity: 1106
Merit: 166
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January 07, 2019, 12:50:27 PM
#37
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
I think people are shifting exchanges to ETH because it is going to happen the Hard Fork event. The traders are trying to take advantage of this event to push ETH up and start liquidating it after they receive their reward in this event. I guess that after receiving the reward, traders will sell all of the ETH they hold at a higher price than what they have spent.


I think the coming up your will be very good for the development of the time and it happens so if it is happened that free analysing things are definitely reduces the people will also accept Bitcoin again so hoping to be it will happen soon.
full member
Activity: 484
Merit: 100
January 07, 2019, 12:35:05 PM
#36
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
I think people are shifting exchanges to ETH because it is going to happen the Hard Fork event. The traders are trying to take advantage of this event to push ETH up and start liquidating it after they receive their reward in this event. I guess that after receiving the reward, traders will sell all of the ETH they hold at a higher price than what they have spent.
sr. member
Activity: 851
Merit: 254
Borderless for People, Frictionless for Banks
January 07, 2019, 12:11:05 PM
#35
This is a market game, and it should be like that. Especially in the crypto market, this should have happened.
As quoted from https://goo.gl/P4bAmW that investment bank Goldman Sachs said that FOMO would trigger the market in the coming months. This belief comes from the belief that digital assets will get more main traction. Not only that, the entry of investors and conventional financial players will also improve the cryptocurrency sector as a whole.
Even though the estimate is wrong, regarding the Bitcoin price forecast at the end of 2018, I am confident of the potential of the Bitcoin market going forward. Maybe he just misjudged the time.
We can also make this article a consideration https://investinghaven.com/crypto-blockchain/bitcoin-price-forecast-2019/
hero member
Activity: 2604
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January 07, 2019, 12:09:26 PM
#34
I am not surprised by the bitcoin movements, if the price can break $4k, then it's good, and I think it's good for you too because you can make a good profit. But I will surprise if bitcoin price can increase more than $5k-$7k and I will search the answer because so far if bitcoin price can increase in more than $4k, it will bring new hope for us. But unfortunately, right now, bitcoin price make a correction (again), and I think it seems the price wants to test the floor again before increase (if there is a demand at the market). We will see it later in the few days next.
full member
Activity: 1177
Merit: 102
January 07, 2019, 11:41:07 AM
#33
Need some knowledge instructions about bitcoin market (Cryptocurrency market). Because as it the unstable market we know that and there is no doubt about this.so be clam down and cool panic wait.one day Bitcoin market come back up situation.bitcoin supply demand decrease huge month before starting.so if we do countinue our Activities exchanger,trade and invest then present think soon Bitcoin price come back.
legendary
Activity: 3514
Merit: 1280
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January 07, 2019, 11:31:48 AM
#32
Bitcoin today has overcome the mark of $ 4000 I think this means that it will soon begin to recover. Perhaps now we will see a good growth

That remains to be seen

As this rise was caused by reasons which hardly have anything to do with recovery. Bitfinex is closed today due to maintenance, so people were buying crypto to move funds out of the exchange. It is interesting to note in this regard that it was Litecoin which people had been buying as an emergency exit vehicle, and it showed the most spectacular growth yesterday. When Bitfinex opens later today, we will see how much of this growth will be there
full member
Activity: 616
Merit: 100
January 07, 2019, 11:14:38 AM
#31
i dont know about bitcoin, the price of bticoin is going up and down without any reason. i think it is because the demand and stock bitcoin in the exchanger. maybe it will more stable when the demand and stock is stable on the market
hero member
Activity: 1218
Merit: 534
January 07, 2019, 09:53:25 AM
#30
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

There are always people looking to make quick profits that will dump during any small pump.  Most of these guys are pro day traders that buy back in cheaper and repeat the process over and over.  When crypto rises there are always pullbacks.  We had a lot of 20-40% dips on the way up to 20k in 2017.
legendary
Activity: 1526
Merit: 1001
January 07, 2019, 09:25:31 AM
#29
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
Price fluctuations will always occur at any time, we cannot predict what will happen because all this depends on the demand factor. When more people need a Bitcoin then the price of Bitcoin will increase and when Bitcoin is increasingly abandoned the price will decrease. Bitcoin is still a major currency and if analyzed, there are still many people who need Bitcoin and even graphically that growth is increasing. I am sure that in the future we will get a much better situation.
sr. member
Activity: 1008
Merit: 355
January 07, 2019, 08:17:26 AM
#28


I understand that you can be frustrated that up to now there is still no bull run even a mild one...but there is nothing we can really do about this market but just to watch and be expecting the best and be prepared for the worst. Bitcoin can soon be tumbling up and down and the face of Bitcoin can be painted with excitement and colors. Right now, it is still waiting for things that can be triggers for it to go to the "moon" finally. Personally, am not expecting much for Bitcoin this year and maybe others who are predicting that things can be doing well next year hey they can be right. Though if they are wrong I can be so happy too.
full member
Activity: 798
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January 07, 2019, 07:23:45 AM
#27
Yes, today Bitcoin has increased again despite only a slight increase, but this is a good progress to see Bitcoin return to the real level. And I hope this surge is the beginning of the rise of Bitcoin prices.
Correct bitcoin recover little bit but this is good sign to see bitcoin back to real level of market value. Hopefully this is good sign that bitcoin start to rise the value in the market.
sr. member
Activity: 1470
Merit: 325
January 07, 2019, 07:11:48 AM
#26
Or it could go up.

nope community situation is completely different now
legendary
Activity: 2492
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January 07, 2019, 07:08:09 AM
#25


You check out the crypto news site there are some news there that might give you answers, some of those articles are just related to adoption like more ATMs or like NASDAQ news regarding cryptocurrencies. Its not really major but I think these price movements will make the number of coins in circulation lesser.
jr. member
Activity: 182
Merit: 1
January 07, 2019, 06:02:56 AM
#24
I think you are not worried about current market prices, because the market is crypto  fluctuating, so you can understand this. and you can patiently wait for the Normal market price to return.
full member
Activity: 280
Merit: 100
January 07, 2019, 02:47:07 AM
#23
             This fluctuation exists because we are still on the bear market. These fluctuations are normal. I do not think we have to worry about this. But I do not think Bitcoin will be back in this year. Year 2020 will be the year of the return of Bitcoin, until then we remain with these small fluctuations.
sr. member
Activity: 1022
Merit: 256
January 06, 2019, 11:58:48 PM
#22
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Price fluctuations are never temporary. They are permanent. There was never a time in crypto in which the prices are steady. There will always be rising and falling of prices. The only temporary here are the prices. You cannot rely on them to be stagnant for a long time. There was so much hard time for Bitcoin to finally push this $4,000 back. It crosses the threshold and then loses it quickly. For now, we are once again crossing the $4,000 mark. I hope this will be continuous until somewhere safe around $4,500.
legendary
Activity: 3512
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January 06, 2019, 11:46:58 PM
#21
Recovering from the brutal bear market.
full member
Activity: 580
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January 06, 2019, 11:15:10 PM
#20
Bitcoin is e currency digital payment have speculative price day by day, many time bitcoin have lower price but could raised to higher price, almost all of e currency payment never have speculative price like bitcoin where could raised up to higher price and raised more than 100% of growing up, no one e currency digital payment could be higher price more than 100% like bitcoin or altcoin.
jr. member
Activity: 462
Merit: 2
January 06, 2019, 11:06:45 PM
#19
No need to worry about the current market, or Bitcoin, this often happens on the stock exchange or cryptocurrency, what matters is what is the purpose of someone buying or selling, sure this is not always like this, someday the crypto market will improve and so on.
legendary
Activity: 3472
Merit: 10611
January 06, 2019, 10:59:49 PM
#18
bitcoin has always been volatile so your surprise is not justified.
and the range that it currently fluctuating in is not really that big a deal for us to talk about it. recently we had a tiny rise to above $4k which may be the sign of end of the holidays when the traders are coming back slowly and continuing their accumulation while whales are still trying to keep the price down.

it is too soon to be surprised anyways, you should be surprised when the FOMO buy starts at a higher price after the rear rise happens. basically when people come back when it is too late to come back and they have missed all the opportunities to buy bitcoin cheap.
legendary
Activity: 3514
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January 06, 2019, 09:57:04 PM
#17
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

It is called supply squeezes

Get used to them, they are kinda expected. When the price goes down so much, people who wanted to sell have already sold, the rest are just holding. This leads to a diminishing supply at lower prices. But a diminishing supply in an overall downtrend market, i.e. where demand is falling as well, means the markets become thin while the orderbooks shallow. As a result, volatility gets out of control bringing about these fluctuations which we have a chance to witness with our own eyes

Ironically, the price cannot fall substantially lower as there is not enough supply, but it also can't break out because demand is weak too. Such dynamic can go on for long until there's some breaking news which either reinstalls optimism or wreaks havoc in the market. You choose which side of the trade you are on
full member
Activity: 546
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January 06, 2019, 07:52:03 PM
#16
Yes, today Bitcoin has increased again despite only a slight increase, but this is a good progress to see Bitcoin return to the real level. And I hope this surge is the beginning of the rise of Bitcoin prices.
legendary
Activity: 3542
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Cashback 15%
January 06, 2019, 07:43:31 PM
#15
That's bitcoin for you. We're experiencing these kind of fluctuations every so often, and we've reached $4200 on Christmas time even, so by now it should be normal for everyone else to see these kind of rises. There really is no reason for every price rises as everyone would like to point out on every individual post pertaining to prices. Also a lot of things are still happening around, including the fed shutdown, bakkt cancellation, and the likes, so it's hard to pinpoint what's causing the current rise.
copper member
Activity: 420
Merit: 2
January 06, 2019, 07:39:40 PM
#14
I think these fluctuations are what makes bitcoin investment interesting and apparently profitable. Although might not be so favorable for long term investors, I think its good for day traders because they can make significant profits from their investment within a short period of time.
legendary
Activity: 3374
Merit: 1922
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January 06, 2019, 05:31:30 PM
#13
These kind of fluctuations are normal, I don't think it's something to be worried about after the price took a dive during November. The short term traders are the one behind these fluctuations maybe some of them are shorting Bitcoin taking advantage of the situation whenever the price slowly recovers a sudden dip happens right after.


The Bitcoin was going on with lots of stability since a few months so we can made an investment and in future we can earn some profit it will be the right decision to make at this situation and it will also be profitable in the future.
The price wasn't stable in the last few months it did stay well above $6k in the 3Q of 2018 but after that everything went down.

i dont think so it will go down soon to a new low support level
Or it could go up.
full member
Activity: 434
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January 06, 2019, 05:10:16 PM
#12
There is little short term volatility at the moment when compared to the past. The price is very static and that's because it's in a sweet-spot where few people are willing to sell but few people are willing to buy. Or alternatively supply and demand are in near perfect equilibrium with little shocks on either side.
member
Activity: 420
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January 06, 2019, 04:07:39 PM
#11
Bitcoin slowly but surely begins to grow. I think that by February the biktoin will reach the price of 6, 000 dollars, and by the summer will return to the price of 20, 000 dollars.

We are waiting for an exciting bull year.
member
Activity: 210
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January 06, 2019, 03:52:36 PM
#10
Talking about fluctuations, last time I check the price is above $4K now. And as far as I can remember, we have seen fluctuations above $1K in 2017 (correct me if I'm wrong).

That's dependent on the space of time you are considering, the price was very volatile in 2017, rising quickly in the last quarter of the year and reaching a new all time high.
2018 was a relatively stable year, for a normally volatile market.

OP, the cryptocurrency market is defined by demand and supply and is likely to fluctuate in value.
hero member
Activity: 2632
Merit: 833
January 06, 2019, 03:41:39 PM
#9
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Talking about fluctuations, last time I check the price is above $4K now. And as far as I can remember, we have seen fluctuations above $1K in 2017 (correct me if I'm wrong).

Also I have a theory that somewhat the Ethereum fork is pulling the price of bitcoin to increase or shall I say be volatile in the next coming days.
sr. member
Activity: 1470
Merit: 325
January 06, 2019, 03:27:20 PM
#8
Well the only logical reason for this fluctuation is that the market conditions are extremely poor and we are in the bearish market.

Well the price has been a bit stable with in $3800 to $3890



it was also stable for a while at 6500


The Bitcoin was going on with lots of stability since a few months so we can made an investment and in future we can earn some profit it will be the right decision to make at this situation and it will also be profitable in the future.

i dont think so it will go down soon to a new low support level, if someone gets the guts and creates a new cryptocurrency indexation system and market, despising the corrupt current one it will break the neck and cornerstone of bitcoin and this community
member
Activity: 1204
Merit: 38
January 06, 2019, 02:59:37 PM
#7
Well the only logical reason for this fluctuation is that the market conditions are extremely poor and we are in the bearish market.

Well the price has been a bit stable with in $3800 to $3890



it was also stable for a while at 6500


The Bitcoin was going on with lots of stability since a few months so we can made an investment and in future we can earn some profit it will be the right decision to make at this situation and it will also be profitable in the future.
sr. member
Activity: 1470
Merit: 325
January 06, 2019, 02:23:30 PM
#6
Well the only logical reason for this fluctuation is that the market conditions are extremely poor and we are in the bearish market.

Well the price has been a bit stable with in $3800 to $3890



it was also stable for a while at 6500
newbie
Activity: 22
Merit: 0
January 06, 2019, 02:21:12 PM
#5
Apparently some ASIC mining rigs were exposed to a power surge in Mongolia. Initiating a hash rate fluctuation over the GPU's.
member
Activity: 672
Merit: 29
January 06, 2019, 02:19:58 PM
#4
Well the only logical reason for this fluctuation is that the market conditions are extremely poor and we are in the bearish market.

Well the price has been a bit stable with in $3800 to $3890

sr. member
Activity: 1960
Merit: 329
January 06, 2019, 02:04:21 PM
#3
The market is at work and you are asking what is wrong? May be you should just relax and eat some popcorn and ice cream and watch the market less. Do not stress yourself for the year is just too young to start worrying.
newbie
Activity: 10
Merit: 0
January 06, 2019, 02:04:17 PM
#3
 Shocked Huh Shocked
legendary
Activity: 3668
Merit: 6382
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January 06, 2019, 02:03:31 PM
#2
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

First of all: although it's full of unrelated posts and sometimes funny, sometimes not, there's already a (huge) thread about Bitcoin price movements.
I've asked there and I've got an answer. Not a perfect one, however, maybe it helps you more, maybe together with these graphs.
member
Activity: 406
Merit: 11
January 06, 2019, 01:57:31 PM
#1
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
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