Topic: Why bitcoin prices are always very unstable - page 3. (Read 10427 times)
Because the price isn't regulated by a central authority like the government, so Bitcoin is worth purely what other people make it out to be. It's pretty much just supply and demand, where even medium sized orders will affect the price of BTC to a degree.
we must ask satoshi 
i just called him, and he said it`ll go to $1,000 soon.
i just called him, and he said it`ll go to $1,000 soon.
for now this bitcoin prices have started to slowly rise, although slowly but surely, this is most likely because many bitcoin demand in the market, and sell bitcoin is happening in Russia has stopped, due to the prohibition of possession of bitcoin in Russia ... 
Price of bitcoin is very unstable because there are many manipulator (early adopters) which can play with price of bitcoin in easy way. Anyway, I'm sure that in future if there will be some regulation from an authority we can stay relaxed
Are you serious?
Only way is that much more users start using BTC, and then one guys actions will not push price up or down.
Volatility may not be that bad as you trade volatility as well. Using options, you can sell or buy volatility. If you are interested, you can have a look at my new platform https://coinut.com
Price of bitcoin is very unstable because there are many manipulator (early adopters) which can play with price of bitcoin in easy way. Anyway, I'm sure that in future if there will be some regulation from an authority we can stay relaxed
because it's not distributed right, and there is plenty of manipulations going on, on each exchange
Agreed, this is obviously whale manipulation, and if I had the kinda btc they had I would do the same thing. But remember, they are making money off you, and at some point of their choosing they will pump BTC sky high
Whales manipulating the price down? what do you mean? this naturally happens when large holders sell, no manipulation found. I can just see all the trolls here that dumped under $400 and all yelling floor and crash... the desperation screams BTC rise. BTC continues to impress me in new ways I can never explain
I think it is because bitcoin have a lot of traders and bitcoin is a magnet which can give more peoples interesting with it.
Bitcoin price is always so strange, two days ago also once close to $390, Paypal a message about Paypal made the price get up to $460, Then slowly decline. This lets the human mind is always anxious ah, buy or sell it ?Next, the price is up is down?No one can give correct answers.
The rally is real on good news, but there are still more miners selling than speculators buying.
Speculators
Because most people invested in Bitcoins are whales and big time miners that sell and buy constantly.
Miners sells, in case that they sell their entire production are only 3600BTC / day
Bitcoin price is always so strange, two days ago also once close to $390, Paypal a message about Paypal made the price get up to $460, Then slowly decline. This lets the human mind is always anxious ah, buy or sell it ?Next, the price is up is down?No one can give correct answers.
The rally is real on good news, but there are still more miners selling than speculators buying.
Speculators
One word.....CHINA
Anyone have any tips in spotting chinese bull traps? Besides the obvious volume rise, I have yet to see any other ways of spotting them
What you are seeing is an unregulated market. The stock market of the 19th. century was wild like this also. Since then laws and banks have stepped in to "stabilize" the market. And in the process game your money right into their pockets.
I don't think it is so much that it is an unregulated market, it is that it is an illiquid market that is trading something very new and that is very difficult for finance professionals to price. A substantial amount of trading gets done outside of exchanges too. That has a negative effect on liquidity at exchanges. Consequently, price movements can be large.
Price will always be unstable, because fresh suckers are needed to pay for the miners' electricity costs.
Either there will be a 4th viral bubble outbreak, or the price will steadily slide down.
There will never be stability.
Either there will be a 4th viral bubble outbreak, or the price will steadily slide down.
There will never be stability.
I agree on this.
One word.....CHINA
Really? Too many speculator in China..
What you are seeing is an unregulated market. The stock market of the 19th. century was wild like this also. Since then laws and banks have stepped in to "stabilize" the market. And in the process game your money right into their pockets.
I don't think it is so much that it is an unregulated market, it is that it is an illiquid market that is trading something very new and that is very difficult for finance professionals to price.
One word.....CHINA
What you are seeing is an unregulated market. The stock market of the 19th. century was wild like this also. Since then laws and banks have stepped in to "stabilize" the market. And in the process game your money right into their pockets.
because it's not distributed right, and there is plenty of manipulations going on, on each exchange
Agreed, this is obviously whale manipulation, and if I had the kinda btc they had I would do the same thing. But remember, they are making money off you, and at some point of their choosing they will pump BTC sky high
some little fish, can "steal some btc" from those whales manipulation, this is true in my case at least, i have more btc than before now, with this current price(not many just 3-4 more, still a success
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