Bitcoin cannot avoid volatility, since its only new currency with relatively liquidity. Bitcoin trader even make this condition even worst. Bitcoin must spread to many people so it can be more stable. Fortunately, there are many new altcoin that comes and makes bitcoin price litle bit more stable.
Same with your opinion. Bitcoin is a currency that can not be control by the government. So, bitcoin is a currency that is controlled by the whales who have big capital to invest in bitcoin.
Topic: Why Bitcoin Is So Volatile - page 6. (Read 1298 times)
Bitcoin rates have fallen sharply recently due to a number of reasons. On this forum, it can be concluded that the Bitcoin exchange rate has been reduced due to too much negative news from the media, and the most likely impact on the Bitcoin exchange rate is the stock market, it continuous slope recently, make the huge impact on Bitcoin and cryptocurrencies market.
For me the volatility of bitcoin depends mainly on its demand, well obviously. And its demand is controlled by many factors. First is the FUD's that are spreading all over the internet. Second is the banning of bitcoin of certain countries that may lead and/or leads to a very low price. Third, are the whales. Bitcoin has the highest population among all cryptocurrencies but it does not mean its population is big. The population of bitcoin users is quite low that is why the price is easy to control and easy to fluctuate.
Bitcoin is volatile for me because it has the biggest community in the crypto community. Since it is a community driven asset volatiiy cn possibly happen because it is dependent on it's own community where enthusiasts, traders and investors are making the market alive and kicking. Pumps and dumps will happen onthe market depending on n individuals activity and situation. Unlike the volatility of Altcoins which is triggered by being too dependent on Bitcoin's market.
The price fluctuations in Bitcoin are mainly due to the too much variance in the in the investors’ perceptions about Bitcoin as a store of value and method of value. The huge volatility in the price of Bitcoin makes it little unclear as a store of value as against other fiat currencies. Also, the rate of adoption of this currency is affected by bad news coming every day regarding the security breaches or the countries going against this currency.
My opinion The volatile bitcoin level is due to the lack of supervision in the flow. The value fluctuates against the same currency as gold. a large number of storage perceptions in which assets are an important part of the future with some predictability. influenced by holders of large proportions of available currency disposals.
I do not agree that the price of bitcoin does not matter. Everyone who says this need to ask what is the significance, such as the dollar. Governments have long used the uncontrolled emission mechanism. If all the dollars in the world are returned to America, this country's economy will collapse in one day. Therefore, the American government supports the theft and withdrawal of capital from other countries. The bitcoin price is more motivated than the dollar price.
I think this is a very naive approach. Even in the worst case scenario, that would mean the depreciation of the American dollar only, and not a collapse of the American economy by any means. Money plays an important role but its use and application is still purely utilitarian. When you see hyperinflation break out here and there, it is primarily because of the overall economic debacle and social fracture, not just the collapse of the monetary system itself or it being the main cause of the economic devastation.
I think bitcoin volatility is related to its sky high price. Due to its price supply and demand movement affects it momentum entirely.
I do not agree that the price of bitcoin does not matter. Everyone who says this need to ask what is the significance, such as the dollar. Governments have long used the uncontrolled emission mechanism. If all the dollars in the world are returned to America, this country's economy will collapse in one day. Therefore, the American government supports the theft and withdrawal of capital from other countries. The bitcoin price is more motivated than the dollar price.
I think this is a very naive approach. Even in the worst case scenario, that would mean the depreciation of the American dollar only, and not a collapse of the American economy by any means. Money plays an important role but its use and application is still purely utilitarian. When you see hyperinflation break out here and there, it is primarily because of the overall economic debacle and social fracture, not just the collapse of the monetary system itself or it being the main cause of the economic devastation.
Bitcoin is volatile simple because it's market cap is relatively small (bitcoin is worth less than Apple). That means it doesn't take much money to move the price. As the market cap gets bigger and bigger, the volatility should reduce.
Meanwhile, volatility is fun for traders
Meanwhile, volatility is fun for traders
In this crypto world we accept the fact that the value of crypto coins will increase or decrease it depends on the investor and the people involve for crypto currency.
It's bitcoin's nature. It's the demand of the people that's making its market price volatile. We can't control these people's mind and dictate them to buy or sell their holdings any time.
I do not agree that the price of bitcoin does not matter. Everyone who says this need to ask what is the significance, such as the dollar. Governments have long used the uncontrolled emission mechanism. If all the dollars in the world are returned to America, this country's economy will collapse in one day. Therefore, the American government supports the theft and withdrawal of capital from other countries. The bitcoin price is more motivated than the dollar price.
Two reasons. Firstly low volumes. Imagine a thought experiment where there were two bitcoin transaction per day. For example if the counterparties to the morning trade settle at $300, and the afternoon counterparties settle at $306, you've got a 2% shift. If those trades were two amongst millions, they wouldn't move the needle.Secondly, the bitcoin price isn't linked to any fundamentals or utility. It's purely priced on sentiment. So if say a news article engenders positive sentiment, people are attracted to buy based on the article, or attracted to buy on the prospect that others will be too. So there is a snowball effect. The two combine, so if there is a positive trend, it's exaggerated by the lack of liquidity. So for example, if sentiment is negative, you're struggling to find buyers at FMV, so are forced to chase the price down...
Bitcoin is volatile simple because it's market cap is relatively small (bitcoin is worth less than Apple). That means it doesn't take much money to move the price. As the market cap gets bigger and bigger, the volatility should reduce.
Meanwhile, volatility is fun for traders
Meanwhile, volatility is fun for traders
In this crypto world we accept the fact that the value of crypto coins will increase or decrease it depends on the investor and the people involve for crypto currency.
There are a lot of factors why bitcoin is so volatile.
1. Rate of adoption is hampered by bad press
2. Bitcoin's perceived value fluctuates
3. Too much variance in perceptions of Bitcoin's store of value and method of value
4. Little option value to large holders of the currency
5. News about security breaches make investors react
6. Bitcoin’s high profile losses at are another driver of volatility
7.Bitcoin and foreign direct investment in countries with high inflation
8. Tax treatment of Bitcoin also affects the volatility
These are just few, but as an investor you should learn and understand all of these for you to be aware about how this business runs.
Bitcoin is volatile simple because it's market cap is relatively small (bitcoin is worth less than Apple). That means it doesn't take much money to move the price. As the market cap gets bigger and bigger, the volatility should reduce.
Meanwhile, volatility is fun for traders
Meanwhile, volatility is fun for traders
In this crypto world we accept the fact that the value of crypto coins will increase or decrease it depends on the investor and the people involve for crypto currency.
Actually we already experienced it no need to mention but yes sad to say it is now in the dump situation where all of us are already lose pur profit 
Trading volume is low and its value is divergence among different investors in the world. If central bank and more n more institution investor hold the position its value will be rocketing and stay on moon
Bitcoin's original idea was for it to be a form of peer-to-peer, unregulated cryptocurrency that could be used to pay for any product or service across the entire world. But due to its rapid rise, and the kind of technology and power required to verify transactions, its use as digital currency has waned. That's why large majority of Bitcoin transactions have become investment based that has led to a lot of uncertainty, and that’s why its value keeps changing.
It is a young asset in a young market. Every asset begins with that. Another thing is that there are a lot of money grabbers, with projects that are not holding ground. All that needs to be cleaned first, and we need to bottom out. Unfortunately, everybody is cashing out through bitcoin so it is suffering right now, even more than natural correction would have done to the price.
To start with it is the most utilized coin and fills in as the fundamental digital forms of money where as thought so different coins are connected in a roundabout way. Amid times bitcoin drops in esteem, I saw different coins are dropping likewise in nearly a similar example. It resembles a standard where everything depends. Presently in light of this huge utilization of bitcoin, changes in costs will dependably be relied upon every once in a while as a result of it. And furthermore in light of the fact that numerous contributed on it, numerous eventual doing exchanging every once in a while which makes it turn out to be exceptionally unpredictable in nature.
We can't control the prices on bitcoin due to the fluctuations .Bitcoin was driven by its laws of demand and supply so the prices is so volatile. Some of users here are hackers so definitely the investors are discourage to invest their moneys. The best way to extend the prices in a higher value is to continue spreading good information. Jump to: