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Topic: Why is Bitcoin Price So Fluctuating? - page 9. (Read 3121 times)

legendary
Activity: 2716
Merit: 1225
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October 07, 2017, 10:00:12 AM
#54
Even the fiat (paper money) the OP mentioned does fluctuates. If in doubt ask those who trade forex. The Dollar, Euros or Pounds Sterling does not remain same in value even for a single hour. It goes up and down like the btc. The only difference is that one can trade them while they retrace downward and make profit unlike the btc that is a one-way traffic. Price fluctuations are part of necessary market dynamism.
hero member
Activity: 714
Merit: 500
October 07, 2017, 09:44:49 AM
#53
Bitcoin's fluctuating price has been a matter of serious concern from the beginning.It is for this reason even many retailers have not accepted it as payment.Even many countries have not legalized bitcoin due to its fluctuating price.

Bitcoin's price fluctuating rate is almost ten times that of USD price fluctuation.There is no cenral body to control its price since it is a decentralized currency.

Also,the FUD which is voluntarily spread by big whales is also a main factor for its fluctuation.We just saw few weeks before that FUD spread about china's actions against bitcoin caused its price to almost fall around $1,000 less from $4,000 to $3,000.

Big whales create panic among newbies and buy bitcoins at cheap price.They are not bothered about bitcoin's progress.Just want to fill their pockets.

But it has to be agreed that bitcoin's volatility could not be controlled.
full member
Activity: 630
Merit: 102
October 07, 2017, 09:35:57 AM
#52
No one is forcing someone to buy using bitcoin. So why need to complain if at first you are not obligation to use because volatility is a characteristic of bitcoin.
this is the most decisive factor in any traded asset. because bitcoin has only limited supply in the market but is much in the interest of all people to use in the trading business.
newbie
Activity: 56
Merit: 0
October 07, 2017, 09:34:13 AM
#51
Bitcoin now is existed as gold not such a currency. So, it fluctuates when other situation threatening the current circumstance such as north Korea's missile. It actually went up when KimJeongEun shut the missiles. That means people think the bitcoin as gold that has the value itself not as a currency.
full member
Activity: 168
Merit: 100
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October 07, 2017, 09:13:39 AM
#50
These fluctuations makes the profit of traders. They come from demand/supply in the market.
hero member
Activity: 1078
Merit: 507
October 07, 2017, 08:05:52 AM
#49
You will probably find a number of reasons above to invest in the Bitcoin but at the same there are also a number of reasons, why not to invest in Bitcoin. But out of all, these facts and points may or may not help you in gaining profits in your Investment. Like one of the most important factor in Bitcoin is that it is highly volatile which means the value can increase or decrease within one sec which might gain you better profit but at the same time the value might decrease subsequently leading to a greater loss on your investment. Other than that, there are many factors like issue of legality, prone to illegal activities, bad news and rumors and much more. So, at the end it is one’s own decision to invest in Bitcoin or not because it is your money and the gain and loss will be totally yours.
sr. member
Activity: 322
Merit: 253
October 07, 2017, 06:05:06 AM
#48
There are so many factors that is affecting Bitcoin prices, the one and the most annoying factor is weak hands of newbie investors. This newbies have weak hands, whenever a bad rumour starts coming up, these weaklings start to dump their coins which will increase the panic of other investors.
The 2nd factor is because of news, whether it is a good or bad news, Bitcoin will fluctuate.
legendary
Activity: 1218
Merit: 1006
October 07, 2017, 05:59:34 AM
#47
Actually what factors affect the rise and fall of Bitcoin prices?
There are many things that can affect the bitcoin market, basically every assets open for trading will experience price volatility because without it trading will not be profitable. However due to very low marketcap, bitcoin tends to have quite huge volatility. Price can go by over $100 in just few hours when some whales want to pump it. Other than few manipulation bitcoin price fluctuate according to supply and demand.
copper member
Activity: 1815
Merit: 1004
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October 07, 2017, 05:18:42 AM
#46
why is bitcoin price so fluctuating i think the reason of bitcoin fluctuating due demends of the user or the stock market like the stock exchange currency goes down and up as currency have a movement demends from the market and also if you are invest in the trading you investment money goes up and down hope iam correct for my speculation.


Simple answer to that question is due to high demand of bitcoin and less supply in market results in the fluctuation of bitcoin. Other reason is that veto countries like China ban ICOs and thinking to ban bitcoin as well so this would be another reason of fluctuation nowadays.
full member
Activity: 952
Merit: 104
October 07, 2017, 05:11:26 AM
#45
why is bitcoin price so fluctuating i think the reason of bitcoin fluctuating due demends of the user or the stock market like the stock exchange currency goes down and up as currency have a movement demends from the market and also if you are invest in the trading you investment money goes up and down hope iam correct for my speculation.
full member
Activity: 644
Merit: 117
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October 07, 2017, 04:48:23 AM
#44
The market is new and bullish, as you say there are short-comers that seeks for fast profit, you can't blame the market from fluctuating.

There are so many players within this market as cryptocurrency is still far from mature like real-world exchange, whales that sell and buy by manipulating the psychology of investors, millions of FUD across this sectors that causes panic and bullish purchase.

Noted that crypto exchanges worked 24 hours too! and thus movements are highly unpredictable.

full member
Activity: 616
Merit: 102
October 07, 2017, 03:54:56 AM
#43
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?

Fluctuation is natural occurence to all market. As long as there's supply and demand we can expect fluctuation. Nothing is exempted.
If there's a high demand expect a rise in price and if there's a high supply then expect a decrease in price.
legendary
Activity: 1652
Merit: 1007
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October 07, 2017, 12:59:48 AM
#42
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.
full member
Activity: 994
Merit: 138
October 07, 2017, 12:49:43 AM
#41
there are several factors that make bitcoin price so fluctuating.
the first The small volume of Bitcoin spread across the network, the second The situation where more Bitcoin trader than Bitcoin user, the third of the News spread globally.
hero member
Activity: 2590
Merit: 644
October 06, 2017, 10:57:02 PM
#40
The price of bitcoin is always fluctuating because the price of bitcoin is always depending on the demand of the people in the market. So if you are going to invest in bitcoin then expect price changes because people are always depending on the news about bitcoin so it is about emotion so that is another reason why the price of bitcoin is always fluctuating.
hero member
Activity: 1176
Merit: 509
October 06, 2017, 10:31:31 PM
#39
The price of Bitcoin is always fluctuating because it the depends on the Law of Supply and Demand. If the Supply is high, the demand is low and if the demand is high, the supply is low. Whenever there is a high demand, the price is increasing because the supply is limited. Aside from that, another factor that can affect Bitcoin price is the current news about it. If there is good news, people tend to panic buying and if there is bad news, they do panic selling.
member
Activity: 136
Merit: 10
October 06, 2017, 09:45:54 PM
#38
I think there are no main reason, bitcoin price so fluctuating. but something  depend on demand and market exchange . recently, one of the most reason Chinese market exchange ban, that's why price fall down.
member
Activity: 91
Merit: 10
October 06, 2017, 09:45:07 PM
#37
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?

Bitcoin is decentralized, no entity controls its price. Because of this, Bitcoin depends on the law of supply and demand to formulate its current value. Any event that can affect the demand will definitely affect the price. Selling Bitcoin to an exchange will increase the supply available in the market, buying Bitcoins will increase the demand and lessen the available supply in the market. Such event will affect Bitcoin's price. If we consider other factors such as FUD and rumor spreading, banning and acceptance, it will be difficult for us to predict how the price will move.
sr. member
Activity: 462
Merit: 250
October 06, 2017, 09:44:36 PM
#36
This is because of continued buying and selling. Sometimes the price of bitcoins is rising because more buyers are buying. Sometimes more sellers also fall in price. And this really affects the price of bitcoins. Just explanation is why falling and rising / Flactuating
full member
Activity: 420
Merit: 101
October 06, 2017, 09:18:55 PM
#35
There are several factors. The most obvious is the volume of demand both selling and buying. Then, good news / bad about Bitcoin that will make the price fluctuate.
I agree to you , buying and selling coins makes the bitcoin flactuate or we the bitcoin is volatile maybe  in bad news and other news about bitcoim so that's why the bitcoin naturaly to decrease and increase on it's own value.
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