Topic: Why is Bitcoin Price So Fluctuating? - page 7. (Read 3116 times)
Bitcoin is a commodity that is traded for goods, services and value produced.Bitcoin’s value is dependent on the intensity of demand and supply there is.The demand is a market factor. The intensity with which the market needs the commodity fuels the demand aspect. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price.
If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
For me, there are many factors that affect the rise and the fall of bitcoin price like demand and supply, influence of new or media, the government regulation and market manipulation.
If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
For me, there are many factors that affect the rise and the fall of bitcoin price like demand and supply, influence of new or media, the government regulation and market manipulation.
Compared to most stocks and Fiat currencies, Bitcoin is a global currency that anyone can access and utilize when they want. I would say that there are a lot of buy and sell orders for Bitcoin compared to specific Fiat currencies. This means there's going to be a lot of volatility for Bitcoins and it will only increase as its popularity increases.
Depending on what the media says on a certain day or if a hard fork is coming soon the price can both dramatically be affected by Bull and Bear runs.
Depending on what the media says on a certain day or if a hard fork is coming soon the price can both dramatically be affected by Bull and Bear runs.
If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
I am not an active trader or even doing trading but I don't think of like fluctuation of Bitcoin prices have become a daily complaint of Bitcoiners arround the world because that is where we get our profit. I know that traders only used Bitcoins to buy altcoins or tokens but I think it doesn't matter to them that BTC price will go down because it is also a good opportunity for them to buy more Bitcoins during price dip. I can actually see no disadvantages during ups and downs of prices because both gives us the opportunity to buy and sell crypto's which is actually traders daily routine. Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?
Bitcoin is a commodity that is traded for goods, services and value produced.Bitcoin’s value is dependant on the intensity of demand and supply there is.
The demand is a market factor. The intensity with which the market needs the commodity fuels the demand aspect. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price
The demand is a market factor. The intensity with which the market needs the commodity fuels the demand aspect. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price
No need to worry about fluctuating prices, that's how to play bitcoin. When all panic to sell, that's our chance to get bitcoin cheaply.
If bitcoin has no Fluctuating Price, then may be i was not a part of bitcoin community. I do trade with bitcoin, because bitcoin price is so fluctuating. May be it is not good for using bitcoin as a fiat currency, but it is useful and have benefits when we do trade and investment with bitcoin.
Bitcoin trading is like stock market. The price is determined by many factor, One of those factors that helps us to determine if the price will go high or low is the bolinger bond. If you would study it, it teaches that the curves that is shown by different trading sites has its meanings. It has there are 6 methods that will determine whether the price will go high or low in total.
We could see that bitcoin during some price dips,very soon after such dips,bitcoin price gets settled mostly in a new price greater than its previous high price.Almost 755 of the time,bitcoin price only increases and only during the rest of the time,its price falls.We enjoy the price increase most time and complaint about price fall which does not happen often.
Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.
Its the nature of bitcoin and nothing could be done to control it.
Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.
Its the nature of bitcoin and nothing could be done to control it.
Yes and in my own opinion I would rather see it fluctuating. Somehow I think of it like the heartbeat of bitcoin.
With it just staying in pne price it is like a dead currency. So shouldnt we celebrate for that?
The problem is most of the users just see the price decrease and will make a ruckus out of it. While when it is in surge they are silent.
We could see that bitcoin during some price dips,very soon after such dips,bitcoin price gets settled mostly in a new price greater than its previous high price.Almost 755 of the time,bitcoin price only increases and only during the rest of the time,its price falls.We enjoy the price increase most time and complaint about price fall which does not happen often.
Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.
Its the nature of bitcoin and nothing could be done to control it.
Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.
Its the nature of bitcoin and nothing could be done to control it.
somebody asking how many coins are lost in the network?those coins which have not to return? it's possible to pull out of the global network ?
And that's exactly whatis hindering the long-term success of BTC IMHO. If the cracy fluctuations are here to stay, no bigger merchant would seroiusly think about adopting bitcoin (see the ongoin rumours about Amazon....).
Two reasons.
One, this is how traders make money, the move the price up and down so weak hands sell and lose their money.
Two, weak hands sell as soon as there is something which makes them afraid in crypto. It seems to be very easy to scare people and make them lose their money.
You are absolutely right in this regard. These two reasons have made the reality. And I must say this fluctuation have made the rise in business, otherwise nothing would be any of importance for this bitcoin.One, this is how traders make money, the move the price up and down so weak hands sell and lose their money.
Two, weak hands sell as soon as there is something which makes them afraid in crypto. It seems to be very easy to scare people and make them lose their money.
Newcomers get panic and they just sell, getting more business to the whales and experts. Fluctuation is beauty and it is the source of fame.
That’s true. I really couldn’t agree more. Bitcoin’s price volatility is really something that kakes buying things with btc pretty mimd boggling. Imagine paying someone for something and the proce suddenly went down, that would really suck.
Also, the main factor for price rise or decrease is us crypto people.
In a nutshell, there is no central authority to manage its stability. Its value is largely dictated by supply and demand, which both fluctuate because the market moves fluidly. There are also some entities that are holding large amounts that can make waves in the market by themselves.
The active trader's you mention, can influence the price of bitcoin and other cryptocurrencies in the trading market there by leading to the fluctuations in the price of bitcoin. The price can not and will never be stable as long as trading in bitcoin is concern this is so because the market constantly face, up and down and the panic that is some time created by some short time trader's in bitcoin always lead to rush in selling off of bitcoin by some holders and that always affect the price stability.
Well we are the ones that are affecting the price of bitcoin, and because it is decentralized while having so many users that are owners to a lot of bitcoin that is why the value fluctuates so much, and that panicking so much traders I think are just newbies to this kind of system we all know here that it is best to always take a hold on your bitcoin but you an surely go with the flow by selling some when the value dip for a while!
Bitcoin price are fluctuating at high speed, and its natural because of the high demand and supply of bitcoin all over the world with smooth liquidity of trading order's all over the OTC and TRADITIONAL exchanges. Actually the main factors that affect the Fall and rise of the bitcoin is the Rise In demand and supply of Bitcoin which is mostly seen during the big events, Occasions, Results, and news regarding the bitcoin. The professional traders handle this demand & supply during those big events and this is when Professional trader's take their big entries and exits and after which the Fall and rise happens accordingly and by this process we see big price Fluctuations.
People who used to involved bitcoin business are always complaining the rise and fall of its value. But the reality happens is because there are traders who are used to grab the opportunity of rise and fall of its value. The people behind are spending most of their time tracking and if they find good things about its market they to sell their holding to earn a lot of profit, and grab another cheap coins for investment. Its a cyclic manner. But as the time goes by many people are getting curious of how it works, The popularity are the good factor which makes its value rose up. and tend to dump when they find profitable .
this is called capital market, so far I know Bitcoin platform is not controlled by anyone, Bitcoin holders are the all in all in this system. though Bitcoin is still in the struggling platform so that people don't have 100% credibility on this system. so when they hear something negative regarding Bitcoin and after that, the Bitcoin holders may wish to sell their Bitcoin at a time. that is why Bitcoin face a price fall down at that time.
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