Topic: Why is Bitcoin Price So Fluctuating? - page 5. (Read 3116 times)

Well the price of bitcoin has always fluactuate between prices it's nothing new. Also better to stay away from the price checking from minute to minute , it's not helpfull. Calm down , enjoy the rollercoaster because bitcoin is about to go to it's all new high hehehe

Yes it's really normal ) Bitcoin price dump and pump every hour because of trader trying to make profit from it by selling in high and buying in low. Sometime Bitcoin price dump a lot because of any announcements from a government of any country, like China, or a famous people like CEO of JPMorgan Chase ). But after all Bitcoin price always rise back

Exactly, bitcoin's price fluctuations is just normal, most of time, the reason why the price is going down is because someone just sold bitcoin on a cheap price so the market is affected causing its price to have a huge drop. But everything is going back to normal price or going to increase more, and that is the right time to sell because once it pumps after a huge dump, it is going to the moon or even higher.

Bitcoin’s value is fluctuating because it circulates inside the market. If the number of buyers increases, the value of Bitcoin increases too and if the number of sellers increases, the value of Bitcoin decreases. This is happening in a loop. Since no government is handling Bitcoin, its price cannot be controlled. It is us, who make its value change endlessly.

Bitcoin price fluctuates so much because it is still in development phase and nascent stage. There are many news and rumours around the legality of bitcoins. Common man is getting to know about bitcoin and thinking about investing in it.There are lot of things happening in the bitcoin and crytpocurrency space. It is still like the little kid going up and down just for the fun of it.Like all things that have a finite supply, the value of a bitcoin is derived by the number of people that want to buy them vs the number of people that want to sell them.  If more people want to buy bitcoins than are currently for sale (for example if a surge of people want to start using bitcoins to transfer value across borders, see more on this below) then the price goes up.  If more people want to sell bitcoins than currently want to buy them then the price goes down.  One of the reasons that the price of bitcoin is so volatile is that many of the people buying bitcoins today are buying based on speculation not because they actually want to use them. Speculative buyers believe that in the future many people will want bitcoins (if this is true these future buyers will drive the price up) so speculators buy bitcoins now in anticipation of that future demand and price increase.

for me why bitcoin price is fluctuating because The value of a bitcoin is tied purely to the laws of supply and demand. In other words, the price is determined only by what the market is willing to pay.

Exactly the demand and supply of bitcoin on the market is largely responsible for the fluctuations we normally have. There are a lot of bitcoin enthusiast out there who are either trading or buying thenm on a regular basis and these guys are actually causing bitcoin to grow in value because of their demand for the coin.

The problem with price fluctuations is they are hard to guarantee what is going to happen in the market. It is all to do with supply and demand. With crypto currency trading there is many choices of coins to trade.

The price is determined in an open market. There is no bank or government which controlles the price. The price is determined by supply and demand. So every news, announcemnet or rumor affect the price. A good example is what happened after past fork. Demand was higher than supply and the price rose.

I think so. In addition, it is fluctuating due to unnecessary trading or selling that leads to irregularities of bitcoin's price. Many also are panicking because of the news that popped everywhere. And, we all know that once it is televised, people will easily believe the information that has spread. In other words, it triggers people's or weakens trust about bitcoin. With that,it affects bitcoin's price.

The factors are panic selling and fundamental news in favour or against bitcoin which can be summarised as the influence of the demand and supply that usually affect any other commodities or stock.  

Bitcoin has the most liquid global market EVER!
The market cap is still tiny compared to the economy.

Insane liquidity, small market. Huge price movement guaranteed! Until the market grows so it has more inertia things will move fast and hard!

The value of Bitcoin has endured many fluctuations since its emergence and still doesn’t seem to be showing any signs of slowing. However, in the past two years, the Bitcoin currency has seen a remarkable high in its price, which is dictated by the purchasing power of fiat currencies in countries where bitcoins can be used for financial transactions. Ultimately, this trend that can be seen over the past two years is expected to continue, but at a rate of which nobody knows.

Demand and supply are two important factors that cause variable bitcoin prices .  Example :  there has been a negative news
regarding bitcoin which causes people to do panic selling , at that time, bitcoin will drop sharply .If there is a positive news
about bitcoin, people will buy bitcoin to reserve. That also causes bitcoin to rise . Bitcoin price increases and discounts are
the rule of the market. You should not care too much about it too. You should learn to control yourself first

once bitcoin reaches $1m in value this wont even be an issue.

I think this is because the price of the token depends strongly on the number of miners: more miners - more transaction costs. In addition, it depends on the news. So, when the Bitcoin Gold news appeared, everyone wanted to transfer their coins to Bitcoin, which lowered the cost of altcoins.

The supply and demand relationship is the basic reason behind fluctuation of the prices of bit coin when supply is more than the demand then the prices drops down while whenever the supply is lesser than the demand then the prices goes up and up.

That's a natural phenomenon of trading that's simply following the flow of the law supply and demand the fluctuation of price will also create an opportunity for the traders to buy and to sell an earn profit  but the important things is the will gain trust from the investors and to the people believing to it.

The answer is simple. Demand and Indemand. With these two demand increases the price of Bitcoins as many people buy it. We have seen the rise of the demand for bitcoins in the past hardfork and because of these rumors and opinions that the price of bitcoins increases many people are buying bitcoins. What they do not know is that they are rising because of their purchase. Like this Bitcoin Gold hardfork. Many people do not have the chance to have Bitcoins Cash because of the rumor that people will sell their hold bitcoins first because it's possible to lose during forking that's really wrong information because the right thing to do is hold bitcoins so receive Free BCC. Now that people are doing because they already know that holding Bitcoins they will receive free BTG.

There are many factors or events that make the bitcoin price fluctuates. It is also highly volatile and anytime the price will change swiftly.