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Topic: Why Bitcoin Is So Volatile - page 8. (Read 1265 times)

member
Activity: 140
Merit: 12
March 18, 2018, 09:51:13 AM

No not really, because I already read the article also that bitcoin has been scammed. Bitcoin are volatile because many investors are using their profit when they want and it will dump up when they invest. Although no one could manipulate the price but the but companies are the effect why it is volatile I guess.
full member
Activity: 532
Merit: 100
March 18, 2018, 09:42:35 AM
I think the reason for bitcoin's volatility is the unbalance demand and supply of bitcoin, if bitcoin has been mined and owned by different person the price will be stable isn't it? Just like how demand and supply on the real market, low demand with high supply  tends to a low price and high demand with low/limited supply tends to a higher price.
You are really right, because there probably is a lot of bitcoins on the market to continue. But even at such a price no one will buy it. And what do you say, when the price for example reaches the word $ 20,000. Who will buy it then?
Apparently, there was a stabilization of the market, because bitcoin at a price of 20,000 dollars is really not needed by anyone. I still do not believe that this is its real price. Although honestly, unlike ETH, Bitcoin does not have its practical value. So whoever has time to make money on Bitcoin, to that and will carry.
member
Activity: 512
Merit: 11
March 18, 2018, 08:58:12 AM
I think the reason for bitcoin's volatility is the unbalance demand and supply of bitcoin, if bitcoin has been mined and owned by different person the price will be stable isn't it? Just like how demand and supply on the real market, low demand with high supply  tends to a low price and high demand with low/limited supply tends to a higher price.
You are really right, because there probably is a lot of bitcoins on the market to continue. But even at such a price no one will buy it. And what do you say, when the price for example reaches the word $ 20,000. Who will buy it then?
sr. member
Activity: 704
Merit: 270
March 18, 2018, 08:53:27 AM
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  Grin
Yes the above thing is one of the reasons behind its volatility. Bitcoin was started at the year of 2009 but i comes into mainstream at the year of 2017. At mid 2017 its value was drastically increased and at the end of the 2017 there is decrease in its market value and since that day its value has risen and dropped in regular intervals of time. Its value depend upon the action taking by various government Smiley. Like when country like japan start using it and  bank of South Korea testing the Bitcoin technology then the price of Bitcoin increase. But When china, Ecuador and other government baned it in their country then its price was sudden decreased. Its volatility is also depends upon those multinational company who use it for their various purpose.  Sad
member
Activity: 400
Merit: 59
March 18, 2018, 08:17:39 AM
#99
I think the reason for bitcoin's volatility is the unbalance demand and supply of bitcoin, if bitcoin has been mined and owned by different person the price will be stable isn't it? Just like how demand and supply on the real market, low demand with high supply  tends to a low price and high demand with low/limited supply tends to a higher price.
jr. member
Activity: 294
Merit: 1
March 18, 2018, 08:03:49 AM
#98
Bitcoin is volatile because there is a limited supply only and it is just 21 million bitcoins. It is also difficult to mine bitcoins because as far as I know it is divided into two after 4 consecutive years. I think that is the reason behind its volatility. Its price goes up when there is a great demand but the price becomes lower if the demand will goes down. It is a matter of scarce resources.

You are right. Bitcoin had the maximum capacity of approximately 21 million. The result is the movement for it. Bitcoin is volatile because of its limited supply. Bitcoin is limited, so its price is much higher. When the price increases, it makes all things look good. But sometimes its value decreases. Bitcoin is our property. At present, Bitcoin becomes expensive at the price of gold. Bitcoin is not a new volatile. Previously used coins that were copper or silver were more volatile. It was common in other countries including America. Bitcoin is progressing at its normal pace and its transactions make investors unstable. Someone recognizes this as an online product. Bitcoin's mine is limited, so Bitcoin has a huge demand that makes Bitcoin volatile.
newbie
Activity: 126
Merit: 0
March 18, 2018, 07:00:29 AM
#97
Bitcoin's volatility is due to the changing demands of its members. The variation of demand is due to the changing numbers of members who come and go every once in a while...
newbie
Activity: 210
Merit: 0
March 18, 2018, 06:23:17 AM
#96
Bitcoin is volatile because of us. Because when the supply is high this is the time that the price of bitcoin will decrease but when the demand is low, this will be the time that bitcoin price will rise up. It is normal to have a volatility because it is in the market.
Yes, that is true. Bitcoin price is only determined by the market. It all depends on the number and the lack of demand and supply. So things like this are very reasonable and should not be surprised.
copper member
Activity: 364
Merit: 0
March 18, 2018, 06:06:29 AM
#95
It's scarcity is the main attribute why bitcoin's price is so high. Everybody wants to hold bitcoin so the price will go up and if they want to sell to make some profit then this could cause the price to drop due to supply is high.
hero member
Activity: 1918
Merit: 564
March 18, 2018, 05:12:34 AM
#94
Bitcoin is volatile because of us. Because when the supply is high this is the time that the price of bitcoin will decrease but when the demand is low, this will be the time that bitcoin price will rise up. It is normal to have a volatility because it is in the market.

It seems you are a bit confused, I do agree that with high supply there is this possibility that the price of Bitcoin will decline but even with high supply as long as the demand is higher, the price will keep on increasing.  This means, the demand cannot sustain the supply meaning the demand is low that is why Bitcoin price is going down.  About the volatility, it is so volatile because the market is driven by supply and demand in the market.  There is no central authority so there is no one manipulating the sells except whales if they wanted to hype or FUD themarket.
member
Activity: 96
Merit: 15
March 18, 2018, 05:08:06 AM
#93
The volatility of bitcoin as well as the crypto currency market depends on the investors who invests and who sells the coins. The more invest in bitcoin the higher the value it would reach and the more who sell or dump the coins it means the price value would go down even on its peak that causes people to panic. We can relate it in the law of supply and demand.
jr. member
Activity: 192
Merit: 3
March 18, 2018, 04:02:33 AM
#92
I tried to answer from the title of the topic you created, One of the reasons why Bitcoin fluctuates against fiat currencies is the value of assets received versus fiat currencies. Bitcoin has properties that make it similar to gold. Bitcoin volatility is also driven largely by the various perceptions of intrinsic value of cryptocurrency as asset values ​​and value transfer methods. An asset value is a function whereby an asset can be useful in the future with some predictability. The value of an asset can be stored and exchanged with goods or services in the future. The method of value transfer is an object or concept used to transmit property in the form of an asset from one party to another. Bitcoin's current volatility makes it an unclear asset value, but it promises almost no frictional value transfers. Since both Bitcoin spot price movers currently vary against the dollar and other currencies, I see that the value of Bitcoin can be driven based on news events as we observe with fiat currencies.
newbie
Activity: 34
Merit: 0
March 18, 2018, 03:54:19 AM
#91
The author basically assume that new economy will never come. For me it is not a good assumption.

The fatal weakness of mature economic system is being revealed, revolution is on the way, no entity can stop it. Personally, I d make this assumption.
newbie
Activity: 74
Merit: 0
March 18, 2018, 03:36:04 AM
#90
Everyone has its own specific properties, which help them to identify someone special. Same is the case of btcs and volatility is its character
newbie
Activity: 57
Merit: 0
March 17, 2018, 10:32:30 PM
#89
Go and ask them yourselves Wink, why are you so volatile bitcoins? Why are you not stable?
full member
Activity: 434
Merit: 101
March 06, 2018, 04:14:11 AM
#88
Bitcoin is the volatile currency because of the nature like bitcoin is a digital form of money and when the bad news spreading in the community the bitcoin selling high and due to this the price are affected so bitcoin is good to hold for now and for the future. So in my opinion the bitcoin is affected by so many factors that's why we are saying that it is highly volatile.
full member
Activity: 350
Merit: 100
March 06, 2018, 04:06:31 AM
#87
There's no correct purpose for its unpredictability in the market. All I know is that, it needs to do with the market request. Besides, request changes now and again and given that its reasonable worth is corresponding with its market request, what occurs with request, is in like manner with the other one opposite. However, you can make benefit from its unpredictability so it is somewhat of a drawback and preferred standpoint in the meantime.
hero member
Activity: 2814
Merit: 518
March 03, 2018, 08:46:03 AM
#86
This is how crypto market works. Actually we must be thankful for these trend of price cause it give us chances to gain more profit. It is moving every seconds and its prices are really unpredictable. If you know how to play it will, then you're probably won't get worry if it will fall down.
hero member
Activity: 910
Merit: 512
March 03, 2018, 07:42:05 AM
#85
It is true that btcs are volatile but they can be tamed too as and when required so there is nothing wrong in disbelieving these coins
It is not a new thing to hear that bitcoin is highly volatile in nature as the market value of the bitcoin greatly depends on the demand and supply principal of the bitcoin in the international market. If the demand of the bitcoin is high, then the resulting market value will also be high and vice versa. I believe this volatility is contributing a major role in healing the people in having greater profit too.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
March 02, 2018, 06:58:34 PM
#84
Honestly, I don't know what is the exactly reason on why bitcoin is volatile. The volatility of Bitcoin for me it's a normal and this I know on why, it's because of supply and demand.
Becuase it was like a supply and demand if there more investor to it the more it price increase. In fact its volatility was normal, there ime that it increase and decrease. It was one characteristic of bitcoin and it was good because as you invest in a low price you can get high profit as bitcoin pump again, you only have to wait for its time and be patience.
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