why does coins change price constantly? - page 37.

PsylockReborn

member

Activity: 420

Merit: 24

Quote from: Choghonl on June 12, 2018, 01:11:41 AM

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

To make it simpler, if everyone is selling then the value will go down while if everyone is buying then prices goes up. Its the law of supply and demand that plays a vital role in the values of certain things including cryptocurrency. It's the players of the market that can influence the values of coins. FUD and bad news regarding bitcoin can also influence the performance of the market. As we all have noticed, if bitcoin's value will fall, all other altcoins' value will go down as well.

vasil777

full member

Activity: 546

Merit: 100

Quote from: Choghonl on June 12, 2018, 01:11:41 AM

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

It seems to me that the main reason that the crypto market is so unstable is that supply and demand are always changing, which are the main factors that influence the price of a coin.

frowsiter

sr. member

Activity: 714

Merit: 261

Quote from: Choghonl on June 12, 2018, 01:11:41 AM

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

Ever heard about the formal called as Demand and Supply? That is what working here and it is primary thing which changes the fate of every coin here. Apart from this every coin also gets hampered with different facts, developments of the project and how they are getting progressed according to the Roadmap. All of this matters a lot and changes the fate of pricing. When we talk about the demand and supply then how much coins has been introduced in the circulation matters a lot and how much is being used for utility purpose. If more demand and less supply then surely price goes up and vice versa is true. This fact keeps changing all the time!

suburban123

member

Activity: 248

Merit: 11

Quote from: Choghonl on June 12, 2018, 01:11:41 AM

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

The change in the rate of any cryptocurrency is a change in the balance of demand and supply that occurs within the framework of the same economic law. According to this law, there is a dependence of the amount of demand and supply of an asset, and its price. The impact on the price that the efforts of many traders exert and the influence that particularly large players have on the course.

rdzepc

member

Activity: 140

Merit: 10

Because the current cryptocurrency has been heavily used for hype, as such a currency price can never be stable, and only when it is used as a real payment currency on a certain day can it be stabilized!

Probinus

jr. member

Activity: 84

Merit: 5

Quote from: vlad230 on June 12, 2018, 01:34:57 AM

It's all about the free market. People buy/sell coins and this causes the coin to increase/decrease in value.

Think of it like when you're going to your local farmer's market - if a lot of people have tomatoes to sell then the price of tomatoes is low but when only a few people sell tomatoes the price is high.

Also, another thing is that when it comes to altcoins, their price is linked to bitcoin's price (since the main way to buy them is through BTC) and these price fluctuations you see for BTC will be translated to the alcoins too.

This basically sums it up. The supply and demand of the coins affects the market value that's why it's always changing. Cryptocurrencies have smaller market sizes as compared to established forms of currency. This means that even small movements of a cryptocurrency can have a pronounced affect on its price.

Source: https://www.quora.com/Why-are-cryptocurrencies-so-volatile

gelinshidong

member

Activity: 459

Merit: 10

I think this is very normal. This is a completely free market, and the entire market for cryptocurrencies is growing. The most important factor for growth is fluctuation. If there is no fluctuation, it is not conducive to growth. So it does not have investment value and who will invest?

sourish

full member

Activity: 532

Merit: 114

Crypto industry is still nascent With too many outlying and inherent factors affecting it. With so many variables involved its hard to predict or go by any set pattern or chart.

Bet9ja111

newbie

Activity: 154

Merit: 0

With the market forces: demand and supply constantly changing. The price is always varying.
Price can also be manipulated through several means.

royalparade01

newbie

Activity: 112

Merit: 0

Quote from: millithe1st on June 12, 2018, 01:37:29 AM

traders? market predictions? social media? multi answer question, there's unlimited responses from what i can see, anything can have affect on the market especially if it's a pump and dump

I think it's depends on the market why the coins change price constantly. We cannot predict what's goin on because bitcoin is a digital cryptocurrency . That's why we always monitor and be wise to trade it.

millithe1st

newbie

Activity: 84

Merit: 0

traders? market predictions? social media? multi answer question, there's unlimited responses from what i can see, anything can have affect on the market especially if it's a pump and dump

BQ

member

Activity: 616

Merit: 53

CoinMetro - the future of exchanges

if you are talking about the prices changing so very much, it's probably tied to the market volume still being relatively small (in comparison to other markets),
I think that explains why a small group of whales can themselves make the price crash by selling, then they can buy back more at a lower price.

vlad230

sr. member

Activity: 616

Merit: 279

It's all about the free market. People buy/sell coins and this causes the coin to increase/decrease in value.

Think of it like when you're going to your local farmer's market - if a lot of people have tomatoes to sell then the price of tomatoes is low but when only a few people sell tomatoes the price is high.

Also, another thing is that when it comes to altcoins, their price is linked to bitcoin's price (since the main way to buy them is through BTC) and these price fluctuations you see for BTC will be translated to the alcoins too.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Choghonl on June 12, 2018, 01:11:41 AM

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

More volume and more volatility and there the rule. Due to the volatility and the price of the crypto will never become stable or stagnant. In fact that the demand and supply will always be changing anytime and it will create a volatility to the market. But there is a possibility it can be manipulated by those are having a very huge amount. You should read more about what the volatility is.

Choghonl

newbie

Activity: 94

Merit: 0

Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.

why does it change prices constantly and never stagnant?

Topic: why does coins change price constantly? - page 37. (Read 4707 times)