according to my suggestion bitcoin price so much because of the influence of investors and users a lot therefore the price is high and also good ...
for now bitcoin pioneered at the highest price again ...
Topic: Why Does The Bitcoin Price Move So Much? (Read 636 times)
It is not stable because it is decentralized and people are free to dump or pump their bitcoins and this results to volatility of its market price. This is a disadvantage to bitcoin users.
the bitcoin price move so much because we have only about 20million bitcoins now everybody wants to have bitcoin.
the price will increase much more in 2018.
the price will increase much more in 2018.
There are many factors why bitcoin prices move so much, but for this moment I just think because there will be segwit2x later, so bitcoin prices move so much. It is also possible if many investors do not want to lose their assets so they can manipulate the price. idk...
There are so many ways in which bitcoin price is moving so much. First of the volatility of the market, second is the news about bitcoins. The FUDS and everything, might affect the price wildly. And many more, the rice of alts might put bitcoin down.
I think the reason is a part of amazon and Bitcoin Gold
Until Bitcoin becomes the dominant currency for payments around the world, it will be more popular among traders and price speculators. As a result, the price is subject to the market forces of supply and demand which, at this point in time, goes hand in hand with the trends and whims of speculators – as a result, the price can move suddenly and sharply up or down in response to news events.
As a rule of thumb: if a piece of news makes Bitcoin more likely to be widely adopted, the price rises. If it places extra hurdles towards mass adoption, the price will fall.
You can track all the latest Bitcoin price movements in real time with Bitcoin.com’s data charts, and convert the price to your local currency with our instant Price Converter.
These events may be based on issues affecting the Bitcoin world only – such as a large scale hack affecting a key Bitcoin exchange, wallet or essential software which causes the price to dip. This happened after the Mt. Gox meltdown in 2014 and thefts at Bitstamp and Bitfinex, plus numerous other smaller companies.
A large market such as the EU, China, Japan or US may announce new regulations either favorable or restrictive to Bitcoin, causing the price to rise or fall respectively (when the Chinese government restricted Bitcoin exchanges’ practices in 2013, the price fell from its record high). It may be an internal issue, such as a miners’ conference or meeting to decide changes to the Bitcoin protocol; the price sometimes dips if a block size or scaling consensus cannot be reached, or seems to be too far off.
News which affects the price may be only vaguely related to Bitcoin, or sometimes not at all. Dramatic economic/financial news like new tax policies, bank runs or bailouts, negative interest rates, stock market crashes, banking instability or government bankruptcies all suggest a new kind of asset class may be preferable, and the Bitcoin price rises.
The price sometimes fluctuates wildly for no apparent reason at all. Sudden crashes, massive increases and up/down volatility can happen and, even after the fact, traders debate over what may have caused it. A large price build-up may suddenly reverse when it hits a certain price level, at which point traders set limit orders and/or take profits. The inverse happens if the price drops too far.
Some have suggested Bitcoin can never be adopted as a regular currency while prices are so volatile. In truth, if there was a sudden rush to Bitcoin among the general public (maybe due to a crisis in a major fiat currency) the price would probably rise dramatically and then stabilize – especially if there was nothing to swap it for, or no reason to do so.
In the meantime, if you think you can predict the big movements then good luck on the trading exchanges! But be careful, it can also be inexplicable and unpredictable.
The dominance of bitcoin over other digital and virtual crypto currencies are due to the multi dimensional benefits for example bit coin is easily convertible to all other currencies in the market, you can buy your desirable good and commodities by online payments etc for such reasons as noted above all the people are demanding for bitcoins so the price of bitcoin are becoming higher and higher. As a rule of thumb: if a piece of news makes Bitcoin more likely to be widely adopted, the price rises. If it places extra hurdles towards mass adoption, the price will fall.
You can track all the latest Bitcoin price movements in real time with Bitcoin.com’s data charts, and convert the price to your local currency with our instant Price Converter.
These events may be based on issues affecting the Bitcoin world only – such as a large scale hack affecting a key Bitcoin exchange, wallet or essential software which causes the price to dip. This happened after the Mt. Gox meltdown in 2014 and thefts at Bitstamp and Bitfinex, plus numerous other smaller companies.
A large market such as the EU, China, Japan or US may announce new regulations either favorable or restrictive to Bitcoin, causing the price to rise or fall respectively (when the Chinese government restricted Bitcoin exchanges’ practices in 2013, the price fell from its record high). It may be an internal issue, such as a miners’ conference or meeting to decide changes to the Bitcoin protocol; the price sometimes dips if a block size or scaling consensus cannot be reached, or seems to be too far off.
News which affects the price may be only vaguely related to Bitcoin, or sometimes not at all. Dramatic economic/financial news like new tax policies, bank runs or bailouts, negative interest rates, stock market crashes, banking instability or government bankruptcies all suggest a new kind of asset class may be preferable, and the Bitcoin price rises.
The price sometimes fluctuates wildly for no apparent reason at all. Sudden crashes, massive increases and up/down volatility can happen and, even after the fact, traders debate over what may have caused it. A large price build-up may suddenly reverse when it hits a certain price level, at which point traders set limit orders and/or take profits. The inverse happens if the price drops too far.
Some have suggested Bitcoin can never be adopted as a regular currency while prices are so volatile. In truth, if there was a sudden rush to Bitcoin among the general public (maybe due to a crisis in a major fiat currency) the price would probably rise dramatically and then stabilize – especially if there was nothing to swap it for, or no reason to do so.
In the meantime, if you think you can predict the big movements then good luck on the trading exchanges! But be careful, it can also be inexplicable and unpredictable.
Higher Demand, Low Supply, and Good Investment - People always rush for good investment, and no doubt Bitcoin is one of the highest return type investment for now.
Yes,yes. I agree! When people know that you can earn into something, it will really be popular because people really wants money! And that's the reason why bitcoin's price soar high because more people crave for it. Technology also made it known to many. 
The biggest factor in the price of bitcoin is the chain of supply and demand. As the supply increases the price decreases and as the demand increases the higher the price gets and increases. The price of bitcoin will only be stable if the supply and demand will not move which is very impossible to happen.
This particular question have been asked over and over again on the forum with several people trying to give reasons for the high disparity in price based on their own level of understanding. The simple truth is that, its based on the forces of demand and supply and since there is no way to confirm the invisible human factor attached other than speculation, we just have to settle for that.
The Bitcoin price move so much because of her rapidity of the transaction and very powerful economic country invest and uses bitcoin
Until Bitcoin becomes the dominant currency for payments around the world, it will be more popular among traders and price speculators. As a result, the price is subject to the market forces of supply and demand which, at this point in time, goes hand in hand with the trends and whims of speculators – as a result, the price can move suddenly and sharply up or down in response to news events.
As a rule of thumb: if a piece of news makes Bitcoin more likely to be widely adopted, the price rises. If it places extra hurdles towards mass adoption, the price will fall.
You can track all the latest Bitcoin price movements in real time with Bitcoin.com’s data charts, and convert the price to your local currency with our instant Price Converter.
These events may be based on issues affecting the Bitcoin world only – such as a large scale hack affecting a key Bitcoin exchange, wallet or essential software which causes the price to dip. This happened after the Mt. Gox meltdown in 2014 and thefts at Bitstamp and Bitfinex, plus numerous other smaller companies.
A large market such as the EU, China, Japan or US may announce new regulations either favorable or restrictive to Bitcoin, causing the price to rise or fall respectively (when the Chinese government restricted Bitcoin exchanges’ practices in 2013, the price fell from its record high). It may be an internal issue, such as a miners’ conference or meeting to decide changes to the Bitcoin protocol; the price sometimes dips if a block size or scaling consensus cannot be reached, or seems to be too far off.
News which affects the price may be only vaguely related to Bitcoin, or sometimes not at all. Dramatic economic/financial news like new tax policies, bank runs or bailouts, negative interest rates, stock market crashes, banking instability or government bankruptcies all suggest a new kind of asset class may be preferable, and the Bitcoin price rises.
The price sometimes fluctuates wildly for no apparent reason at all. Sudden crashes, massive increases and up/down volatility can happen and, even after the fact, traders debate over what may have caused it. A large price build-up may suddenly reverse when it hits a certain price level, at which point traders set limit orders and/or take profits. The inverse happens if the price drops too far.
Some have suggested Bitcoin can never be adopted as a regular currency while prices are so volatile. In truth, if there was a sudden rush to Bitcoin among the general public (maybe due to a crisis in a major fiat currency) the price would probably rise dramatically and then stabilize – especially if there was nothing to swap it for, or no reason to do so.
In the meantime, if you think you can predict the big movements then good luck on the trading exchanges! But be careful, it can also be inexplicable and unpredictable.
As a rule of thumb: if a piece of news makes Bitcoin more likely to be widely adopted, the price rises. If it places extra hurdles towards mass adoption, the price will fall.
You can track all the latest Bitcoin price movements in real time with Bitcoin.com’s data charts, and convert the price to your local currency with our instant Price Converter.
These events may be based on issues affecting the Bitcoin world only – such as a large scale hack affecting a key Bitcoin exchange, wallet or essential software which causes the price to dip. This happened after the Mt. Gox meltdown in 2014 and thefts at Bitstamp and Bitfinex, plus numerous other smaller companies.
A large market such as the EU, China, Japan or US may announce new regulations either favorable or restrictive to Bitcoin, causing the price to rise or fall respectively (when the Chinese government restricted Bitcoin exchanges’ practices in 2013, the price fell from its record high). It may be an internal issue, such as a miners’ conference or meeting to decide changes to the Bitcoin protocol; the price sometimes dips if a block size or scaling consensus cannot be reached, or seems to be too far off.
News which affects the price may be only vaguely related to Bitcoin, or sometimes not at all. Dramatic economic/financial news like new tax policies, bank runs or bailouts, negative interest rates, stock market crashes, banking instability or government bankruptcies all suggest a new kind of asset class may be preferable, and the Bitcoin price rises.
The price sometimes fluctuates wildly for no apparent reason at all. Sudden crashes, massive increases and up/down volatility can happen and, even after the fact, traders debate over what may have caused it. A large price build-up may suddenly reverse when it hits a certain price level, at which point traders set limit orders and/or take profits. The inverse happens if the price drops too far.
Some have suggested Bitcoin can never be adopted as a regular currency while prices are so volatile. In truth, if there was a sudden rush to Bitcoin among the general public (maybe due to a crisis in a major fiat currency) the price would probably rise dramatically and then stabilize – especially if there was nothing to swap it for, or no reason to do so.
In the meantime, if you think you can predict the big movements then good luck on the trading exchanges! But be careful, it can also be inexplicable and unpredictable.
For me no one can tell price movement of bitcoin because it has too many ways to affect the movement of the bitcoin price like the supply and demand the supply means the seller the demand is the buyer if too many seller and only few are buyers im sure the price of bitcoin will goes down so if we want to invest here you must be ready to gamble your money.
Bitcoin is like any other currency available for trading it knows pumps and dumps, you can predict its value for a long term if it is going to succeed or not but in the meanwhile you can never know what will happen in short term due to many factors involved in determining and affecting the value.
After taking a good look at charts and expert analysis and the contradiction between their analysis, I started to believe that it is a question of faith, you believe in Bitcoin or you do not.
It's really a question of faith, if you belive in bitcoin, you look at a price fall as a correction before the next raise that will push the price even higher than before. If you don't belive in bitcoin, you look every raise in price that it's the end of the bull and bear will start immediately. But it's the same if you have shares in the real world. Everything is based on your expectations (faith). After taking a good look at charts and expert analysis and the contradiction between their analysis, I started to believe that it is a question of faith, you believe in Bitcoin or you do not.
You have created a good summary of what affects bitcoin price, making its up and down movement. Since hearsay circulate about this and that, bitcoin will be adapted, bitcoin will be banned, people respond in such a way according to their belief, understanding on the market, risk tolerance, and amount of bitcoin to lose. The more positive the speculations and trajectory of bitcoin, the more people are encouraged to buy, thus increases bitcoin value. On the other hand, if speculations are negative, people will fear and panic, thus selling their shares and lowering the bitcoin value. It becomes a cycle, because when price is low, people will buy again looking forward to higher profits when the price rises.
may be in my opinion, because bitkoin can be profitable and generate a lot of money with a relatively short time. Bitkoin also many who perceive as a daily livelihood and also manage it does not need much power, because what we just sit sweet in front of the computer and done anytime. so naturally if bitkoin prices move a lot and high.
Bitcoin prive always has swing between prices. You can chech yourself the price history of bitcoin and see the rollercoaster. However the bitcoin price is big now , you're right , maybe a little too big and a fork is coming so better keep an eye at your $ for now and then look again on btc.
Bitcoin is like any other currency available for trading it knows pumps and dumps, you can predict its value for a long term if it is going to succeed or not but in the meanwhile you can never know what will happen in short term due to many factors involved in determining and affecting the value.
After taking a good look at charts and expert analysis and the contradiction between their analysis, I started to believe that it is a question of faith, you believe in Bitcoin or you do not.
After taking a good look at charts and expert analysis and the contradiction between their analysis, I started to believe that it is a question of faith, you believe in Bitcoin or you do not.
Higher Demand, Low Supply, and Good Investment - People always rush for good investment, and no doubt Bitcoin is one of the highest return type investment for now.
this, bitcoin is very limited which mean that the demand will grow stronger each year while the inflation increase will reduce every year by few %
I think of the people are always invest of bitcoin and it will be demand on the market.
As of now the bitcoin it was have in a good situation to encourage bitcoin users.
there are a number of things which influences the value of bitcoin
and there are a number of things which may or may not happen
in the future which may affect the value also.
the market is open to manipulation by those who have a great amount
of coins and they can affect the market in one way or the other at a
certain time or during the natural fluctuation of the value especially
around key events such as the upcoming forks and also big news
like we heard from China over the last few weeks.
There is also a lot of new comers to the crypto world and a lot of
new users here on BCT all this adds to the general trading and price
movements
and there are a number of things which may or may not happen
in the future which may affect the value also.
the market is open to manipulation by those who have a great amount
of coins and they can affect the market in one way or the other at a
certain time or during the natural fluctuation of the value especially
around key events such as the upcoming forks and also big news
like we heard from China over the last few weeks.
There is also a lot of new comers to the crypto world and a lot of
new users here on BCT all this adds to the general trading and price
movements
Higher Demand, Low Supply, and Good Investment - People always rush for good investment, and no doubt Bitcoin is one of the highest return type investment for now.
this, bitcoin is very limited which mean that the demand will grow stronger each year while the inflation increase will reduce every year by few %
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