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Topic: Why Is Bitcoin's Value So Volatile? - page 12. (Read 11234 times)

member
Activity: 98
Merit: 10
November 05, 2017, 06:46:46 AM
Bitcoins value will always be volatile but it doesn't mean bitcoin will gone because as you can see bitcoin's value as of now always increase so its good to hear especially to those people who earn bitcoin like in this site or forum your earning bitcoin so its good to hear that bitcoin is increasing rapidly.
member
Activity: 78
Merit: 10
November 05, 2017, 04:56:50 AM
Because it has not got any balancing mechanism.
legendary
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November 05, 2017, 04:53:53 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.
The more people were using the bitcoin will divide the bitcoin into a lot of the parts. That makes the bitcoin will be rarely and expensive. The more money was flowing to the bitcoin. The point was in the adoption.
More people need more bitcoin but the supply was limited.
full member
Activity: 209
Merit: 100
November 05, 2017, 04:27:24 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

The volatility of bitcoin depends on the happenings in the market. You can not blame anyone about the changes of its value instead you should carefully watch out for the things that is happening in the market. If you think the value is low, then go buy ahead but if you are hesitating because you think the value will still fall down, then be patient. In order to be successful here, you should be smart and patient, it is what most of the successful people have here.
full member
Activity: 383
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November 05, 2017, 04:23:49 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Bitcoin became famous because of its volatility. This volatility has brought many people a lot of benefits. If we are going to look at it carefully, we will notice that the value of bitcoin is increasing as the demand of the people grow. Meanwhile, it decreases whenever the demand fall. This just simply show how the usage of bitcoin among ever individual affect its value so the best thing to do is to keep on supporting it for the greater good of everyone.
hero member
Activity: 700
Merit: 500
November 05, 2017, 04:11:30 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.
Bitcoin is totally dependent on the market and the way we perceive it every certain point in time. The high level of volatility would always be there for now since there are a lot of people trying to invest due to the fear of missing out and also we still have some who could panic as their hands are probably still very weak.

Bitcoin is an interesting valuable asset which has a lot of features and that feature is what people are buying and some people are also letting go either through trading or because they just do not understand the features.
legendary
Activity: 2744
Merit: 1174
November 04, 2017, 03:30:37 PM
in fact, bitcoin is not that volatile relative to its small market cap. Bitcoin is a value transfer system, so the price of 1 BTC is fundamentally a function of how much value flows though the network and speculation of the future value of the flow. And when the network grows bigger, the changes in the flow will be smaller and less uncertain.

A year ago Woo Bull predicted that soon the volatility of BTC will match those of central-bank-issued currencies: http://woobull.com/bitcoin-volatility-will-match-major-fiat-currencies-by-2019/
Of course, his (and Vinny Lingham's) target prices have turned out to be massively wrong, but the central point still stands.

Penny stocks are much more volatile. What is happening to Bitcoin is 100% normal when you compare it to new, small companies. Once a company like that makes an announcement that they're reaching a breakthrough their shares go up and when the competition spreads FUD they go down.
I'm sure it will decrease with time. We can already see it starting to decrease with dips getting much shallower.

If anything, this doesn't look very convincing

I'm curious where you see "dips getting much shallower". Just a few weeks ago the price went down below 4,000 dollars per coin, while yesterday Bitcoin seems to have made a new ATH at over 6,300 dollars. This is an increase of more than 50%, just in case. I don't know about you, but personally, I wouldn't call that as dips getting shallower, let alone much shallower. So what is the basis for your claims that Bitcoin price is becoming more stable? I'm really interested in hearing that. Maybe, I don't know something which you do

You're looking at USD value and that's why you can't see it. You should start looking at percents because it's all in the proportions not the amount of USD lost.
You need to go back a couple years and compare to what's going on now. In early 2014 it lost 800$ on the average in 3 months and reached a low of $100 on some exchanges. This was a loss of over 80% of value in less than 4 months, so yes I think that losing 30% of value right after a short spike is nothing compared to a gradual loss of 80%.

You are just trying to distort the facts so they better fit your idea

First of all, I think you should check the price charts for yourself. If you do that, you will see that Bitcoin had been declining from its 2013 highs for over year with a minimum of around 180 dollars in February, 2015. So I don't think you could easily compare this decline with the volatility we see today, where prices crash and spike dozens of percentages within just a few days. Further, you might have missed that part of my post where I talk specifically about percentages, where I say that the plunge from 6,000 down to below 4,000 and subsequent growth to over 6,000 dollars (now above 7,000) is over 50%, just in case (though it depends on what you take as the base). And last but certainly not least, there is a good theoretical explanation that with the price growth we will see an ever increasing growth in volatility. Yes, in percentages, not just in absolute terms, mind you

I'm not distorting anything just looking at the charts.
Take a look at bitfinex in the early 2014, February to be exact. There was a low of $100!
On Bitstamp the low in February was below $400, which is still a big deal. Bitcoin lost over 60% of value in 2 months. If that isn't volatile to you then I don't know what is.
I'll continue to defend my point that the volatility isn't rising. It has always been there and should decrease with time.
sr. member
Activity: 286
Merit: 250
November 03, 2017, 04:05:31 PM
Bitcoin is very volatil due to news and their investors and supporters, since Japan entered into bitcoin and crypto world we had see an amazing ride, China looks like is coming into legalization as well, their position to regulate ICO and exchanges did had a big impact into the value, Venezuale  had found into bitcoin and crypto in the general a way to store their money, soo they can handle the hiperflation.
member
Activity: 420
Merit: 50
November 03, 2017, 05:40:08 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

You do not need to bother thinking about it because usually the price can be affected from the demand of many people.You should be patient first to wait for the price to buy bitcoin decreased.So you can earn a great income later.
Yes I agree, Bitcoin Value is volatile because it is decentralized and beyond the central authority control. It's price changes as per demand-supply law. And it's price is getting continuously high because of its limited supply but high demand. But sometimes suddenly crashed down is it because of some negative news against of it.
full member
Activity: 448
Merit: 100
November 03, 2017, 05:28:34 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

You do not need to bother thinking about it because usually the price can be affected from the demand of many people.You should be patient first to wait for the price to buy bitcoin decreased.So you can earn a great income later.
hero member
Activity: 1022
Merit: 538
November 03, 2017, 04:10:50 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.
Bitcoin is an asset, and as usual they always start up with a low amount and a very low market cap. Its price fluctuates to any direction depending on investors, how much they invest and how much they withdraw. But sometimes, I get confused when I’m trying to compare gold and Bitcoin.

Unlike Bitcoin, gold is always less volatile and makes little changes, despite the fact that millions (or possibly billions) of people from around the world invests on it.
full member
Activity: 390
Merit: 100
November 02, 2017, 06:50:32 PM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.

Yes it's merely profitable because people thought that they will earn lots of money for it. That's how other view it as a source of money, so more of them had cause the price to fluctuates in an unpredictable situations, and made the value volatile and it could change up to lower or higher value anytime. More people will be holding bitcoin now because it gained its popularity eversince the start of this year.
full member
Activity: 266
Merit: 105
November 02, 2017, 06:39:51 PM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

the supply and demand chain explains it all, the limited number of bitcoin in the market and the great demand for it makes it very volatile and there are other factors like events that take place around the globe with regards to crypto currencies, laws made by governement, statements from popular individuals and many more.
member
Activity: 103
Merit: 10
November 02, 2017, 06:27:39 PM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Maybe it has to do with the volume in the market that is also related with the demand that it is getting. Bitcoin is volatile for the fact that its market price changes everytime. Fluctuations is natural that its value sometimes decrease and sometimes increases Don't be confused into buying and investing to Bitcoin just because its value someimes fall, because its value is as of this moment, is continuously increasing.
Depend the cycle, you can not buy Bitcoin just because it dumps 10% or 20% from the highest price, maybe, it has started the bearish market and will make you lose your money. Therefore, be careful before buy Bitcoin at high price, especially the current price just good to take profit.
full member
Activity: 445
Merit: 100
November 02, 2017, 06:08:52 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Maybe it has to do with the volume in the market that is also related with the demand that it is getting. Bitcoin is volatile for the fact that its market price changes everytime. Fluctuations is natural that its value sometimes decrease and sometimes increases Don't be confused into buying and investing to Bitcoin just because its value someimes fall, because its value is as of this moment, is continuously increasing.
sr. member
Activity: 1176
Merit: 301
November 02, 2017, 06:01:38 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.
hero member
Activity: 798
Merit: 527
November 02, 2017, 05:59:22 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Bitcoin's Value is volatile due to its decentralized structure that is why an irregular rising and falling of its value is felt frequently. Though its status so irregular, it seems that it's current status is going all the way up which makes it more recognizable now a days.
Exactly. When one currency is decentralized then there is no check and balance from one supreme power about what is going on. Like our local currencies, there are regulating by the National banks and governments, that is why we have a stable price in business in our country. Bitcoin have decentralization and that makes it more volatile because of randomness.
Yes I agree, the decentralized of the bitcoin is of the reason why so volatile,and an speculative asset that makes people attracts bitcoin. Bitcoin value is volatile because there are many who  suppports bitcoin, Which invested in continues to buy and sell on bitcoin that make it volatile. So the demand is increasing in bitcoin.

I think the reason of volatility in bitcoin price is due to investment of the people and also the trust. When the people have trust in something they will use or invest in them but if there is anything doubtful then nobody will invest their hard earn money in such doubtful thing.

Some statements defame bitcoin a lot and the price which was about 4600 dollars dropped to almost 2900 dollars I just a few days. The reason was the false statement from somebody about bitcoin.
May be you are right with your experience that volatility is due to people interest in bitcoin but I think it is not a volatility because I am seeing it as a normal nature of latest technology.

I think in future many things would be happening with immediate change because people will focus on time so much and they would have been of nature to see changes in things within seconds because it would be need of that time and it would not be wonder for people seeing rapid changes in things.  
sr. member
Activity: 686
Merit: 250
November 01, 2017, 06:17:40 PM
Bitcoin is and always will be very volatile, but this does not mean having to give up his purchase. If you look at the chart of growth rates you will see that every year the price of bitcoin is increasing. This trend will persist for a very long time so you can buy it at any time.

so i should buy bitcoin at this point or when the value reduce.
You could wait but there is not guarantee the price is going to get any cheaper in fact the opposite may happen and bitcoin may become extremely expensive so at the end of the day you are the one that needs to take the decision of whether or not you want to buy bitcoin at the current prices.
legendary
Activity: 3486
Merit: 1280
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November 01, 2017, 03:32:02 PM
in fact, bitcoin is not that volatile relative to its small market cap. Bitcoin is a value transfer system, so the price of 1 BTC is fundamentally a function of how much value flows though the network and speculation of the future value of the flow. And when the network grows bigger, the changes in the flow will be smaller and less uncertain.

A year ago Woo Bull predicted that soon the volatility of BTC will match those of central-bank-issued currencies: http://woobull.com/bitcoin-volatility-will-match-major-fiat-currencies-by-2019/
Of course, his (and Vinny Lingham's) target prices have turned out to be massively wrong, but the central point still stands.

Penny stocks are much more volatile. What is happening to Bitcoin is 100% normal when you compare it to new, small companies. Once a company like that makes an announcement that they're reaching a breakthrough their shares go up and when the competition spreads FUD they go down.
I'm sure it will decrease with time. We can already see it starting to decrease with dips getting much shallower.

If anything, this doesn't look very convincing

I'm curious where you see "dips getting much shallower". Just a few weeks ago the price went down below 4,000 dollars per coin, while yesterday Bitcoin seems to have made a new ATH at over 6,300 dollars. This is an increase of more than 50%, just in case. I don't know about you, but personally, I wouldn't call that as dips getting shallower, let alone much shallower. So what is the basis for your claims that Bitcoin price is becoming more stable? I'm really interested in hearing that. Maybe, I don't know something which you do

You're looking at USD value and that's why you can't see it. You should start looking at percents because it's all in the proportions not the amount of USD lost.
You need to go back a couple years and compare to what's going on now. In early 2014 it lost 800$ on the average in 3 months and reached a low of $100 on some exchanges. This was a loss of over 80% of value in less than 4 months, so yes I think that losing 30% of value right after a short spike is nothing compared to a gradual loss of 80%.

You are just trying to distort the facts so they better fit your idea

First of all, I think you should check the price charts for yourself. If you do that, you will see that Bitcoin had been declining from its 2013 highs for over year with a minimum of around 180 dollars in February, 2015. So I don't think you could easily compare this decline with the volatility we see today, where prices crash and spike dozens of percentages within just a few days. Further, you might have missed that part of my post where I talk specifically about percentages, where I say that the plunge from 6,000 down to below 4,000 and subsequent growth to over 6,000 dollars (now above 7,000) is over 50%, just in case (though it depends on what you take as the base). And last but certainly not least, there is a good theoretical explanation that with the price growth we will see an ever increasing growth in volatility. Yes, in percentages, not just in absolute terms, mind you
hero member
Activity: 672
Merit: 500
November 01, 2017, 01:09:22 PM
Its because of the supply and demand which now is being played by trader.



I think there are many reasons why bitcoin value is so volatile like the theory of supply and demand and the absence of government policies with regards to digital currencies in some country if not all. The rise and fall of its exchange value depends in its investors who are mostly also its users. As we review its price status for the past years we can really say it's getting higher and the users are getting more motivated thus attracting more people to engage in bitcoin.
The demand of the bitcoin is now increasing more and more so if he bitcoin will help the people and the value of the bitcoin will increase more and more so you will give the people the money for the government as the side source of the bitcoin, it is now easy and it is not very tough for the people to buy the bitcoin and to hold for the long time, I love to hold it for the long time and the profit will be more than this.
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