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Topic: Why Is Bitcoin's Value So Volatile? - page 28. (Read 11256 times)

member
Activity: 122
Merit: 10
August 28, 2017, 02:28:52 AM
#74
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hero member
Activity: 644
Merit: 500
August 14, 2017, 06:15:01 PM
#73
I should've buy the bitcoin last month now it's  price is all time high. Shocked
well! It is not 100% sure but I think it is the transaction and the speculation that can make the bitcoin more volatile .Bitcoin is still mot acceptable in a lot of the countries the supply and the price of the bitcoin depends on the speculation but the price of the bitcoin fluctuates as it is adopted by a lot of people and the adoption can increase the price of the bitcoin and soon it will be stable. 
newbie
Activity: 56
Merit: 0
August 14, 2017, 06:37:57 AM
#72
I should've buy the bitcoin last month now it's  price is all time high. Shocked
sr. member
Activity: 434
Merit: 250
August 13, 2017, 12:49:39 PM
#71
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

you have to accept the reality of what is happening now to bitcoin market. Volatility is an indication that many people are buy into bitcoin. You should also understand that bitcoin may get to $50000 before it price will stable as many investors see it as the best investment for now.  You should buy now in other not to be among those who will regret in years to come.
You are right, This volatility depend of people who enroll bitcoin community. Nowadays, bitcoin price increase a lot. I don't remember that bitcoin increase highly like that in the past. I mean around 1000$ or more in 2 weeks after the fork. Really it's unbelivable.

So this augmentation of price is  depend of people who buy bitcoin these days. It's really amazing, and maybe in the future bitcoin will increase more and achieve the 50000$ like you said.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
August 13, 2017, 12:02:56 PM
#70
Lately I've been wondering much the same thing.
Its been way more volatile as of late, with the good news
that the highs have been much higher.  Not unhappy
about that.  Said it before,  there's money flowing into
the market from somewhere.  More traders=higher price
IF buy orders continue to outpace sell orders.  That's a
big 'if'.
The volatility of bitcoin has actually been going down lately and perhaps that's most to the bullish market sentiment that keeps pushing prices up through time. Volatility could be back in if there was another major price drop though.
sr. member
Activity: 924
Merit: 260
August 13, 2017, 11:53:27 AM
#69
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

you have to accept the reality of what is happening now to bitcoin market. Volatility is an indication that many people are buy into bitcoin. You should also understand that bitcoin may get to $50000 before it price will stable as many investors see it as the best investment for now.  You should buy now in other not to be among those who will regret in years to come.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
August 13, 2017, 11:36:23 AM
#68
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

I have read this topic somewhere. Bitcoin is on the rise and the fact that you are considering buying Bitcoin at the present time is a mistake when its price is unstable. So wait for some more time. Volatile? I think it is difficult for Bitcoin to evaporate at the moment, it is rapidly growing, it deserves to be so after the August 1 event, it has been sold out a lot, but now buy in, you will lose

Why do you think that this price is not good to buy 2 days back when the price was $2800+ that time also so many users were telling this but see today it is more then $1200+ high ($4000+ price) but still if you see any low dump then you can buy it because it will go above $5000+ within this month.
for those who can afford to buy just keep buying and hold your coins as we all knew that bitcoin still got a lots of possibilities support are there
and newbies are still adopting this investment so take a look closer and start your investment just be patience and hold till next year to see
the benefits.
sr. member
Activity: 1190
Merit: 306
August 13, 2017, 11:19:41 AM
#67
Lately I've been wondering much the same thing.
Its been way more volatile as of late, with the good news
that the highs have been much higher.  Not unhappy
about that.  Said it before,  there's money flowing into
the market from somewhere.  More traders=higher price
IF buy orders continue to outpace sell orders.  That's a
big 'if'.
legendary
Activity: 1190
Merit: 1002
August 13, 2017, 11:14:39 AM
#66
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

I have read this topic somewhere. Bitcoin is on the rise and the fact that you are considering buying Bitcoin at the present time is a mistake when its price is unstable. So wait for some more time. Volatile? I think it is difficult for Bitcoin to evaporate at the moment, it is rapidly growing, it deserves to be so after the August 1 event, it has been sold out a lot, but now buy in, you will lose

Why do you think that this price is not good to buy 2 days back when the price was $2800+ that time also so many users were telling this but see today it is more then $1200+ high ($4000+ price) but still if you see any low dump then you can buy it because it will go above $5000+ within this month.
sr. member
Activity: 385
Merit: 250
www.thegeomadao.com
August 13, 2017, 10:43:30 AM
#65
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

I have read this topic somewhere. Bitcoin is on the rise and the fact that you are considering buying Bitcoin at the present time is a mistake when its price is unstable. So wait for some more time. Volatile? I think it is difficult for Bitcoin to evaporate at the moment, it is rapidly growing, it deserves to be so after the August 1 event, it has been sold out a lot, but now buy in, you will lose
sr. member
Activity: 602
Merit: 252
August 13, 2017, 10:40:01 AM
#64
Bitcoin's value is volatile because there are not enough users/money invested worldwide.

Even a multimillionaire can have an effect on the price because if he buys lots of Bitcoins the price will go up.

Also if someone with lots of Bitcoins from 2009 or 2010 comes along then he dumps his coins there can be a global price drop.

But when there is more money invested (over $1,000,000,000,000) then no one will be able to affect the price a lot. Not even the richest people in the world. This is when the volatility will stop.
Indeed, this is the actual reason behind the volatile nature of Bitcoins. To become stable, it still needs much more support around the globe. The pace at which Bitcoins are becoming popular, it would not be an exaggeration to predict that within a decade Bitcoins will become the most stable digital currency worldwide.

This isn't even the whole of it. The lack of liquidity due to its small total valuation (yes, this is small) makes the uneducated investors respond with more effect. Dips become dumps; natural growth gets misinterpreted and then exaggerated.  A perfect example of this is what happened with BCC as it became available after the fork. People couldn't arb because everything was janked up, so the price started varying wildly per exchange (250 on hitbtc, 700 on Bittrex).

For whales it's hard to move your position around without making the market react.

And for those that say a billion is too high to manipulate, remember, rich people can work together Wink
Price for everything in the world is volatile, even the goods and food stocks you from the market.
Their price is likely to increase, and sometimes you see their price going below the rate you had expected. All these things are due to exchange (correct me if I am wrong).
Price volatility is the one among the major factor that is found over majority of the digital currency. In specific bitcoin volatility is the attraction and more users are making a good profit through it. Now too the volatility is found high, this is because of the variations in the circulation happening based on the supply to demand.
hero member
Activity: 1820
Merit: 537
August 13, 2017, 10:36:02 AM
#63
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

If you are confused right now when you will be not confused anymore? The price keeps on rising and some miss the train when it hardly dumps at $1900 before this August but now again it will going to double the previous high .Bitcoins volatility is before of the new bitcoin adopters after this august and i think its the nature of bitcoins and we can't stop it hoard on the train.
sr. member
Activity: 348
Merit: 252
August 13, 2017, 10:27:55 AM
#62
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin is of high value because it is popular, so you are not questioning its effect here, so I'm just talking about the reason high bitcoin is worth. For a long time to exist, bitcoins are well known and thrive, while the amount of bitcoin coins remains the same, so the value of bitcoin must increase as market demand grows. .
newbie
Activity: 30
Merit: 0
August 13, 2017, 10:24:21 AM
#61
At the time you posted, rortan75, the volatility was nothing compared to what it is now. For now the volatility is very high because of the hysteria around the price. Price can range of 100$ in a single hour.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 13, 2017, 10:17:15 AM
#60
Bitcoin's value is so volatile because no one is controlling or having a power to dictate the price of bitcoin. Bitcoin is only basing on demand and supply so if the supply is not stable and also the demand then the value of bitcoin will not be stable also. It is all about the demand and supply and if we want to be stable on the value of bitcoin then we should make sure first that the supply and demand is stable.
hero member
Activity: 798
Merit: 527
August 13, 2017, 09:18:32 AM
#59
Bitcoin's value is volatile because there are not enough users/money invested worldwide.

Even a multimillionaire can have an effect on the price because if he buys lots of Bitcoins the price will go up.

Also if someone with lots of Bitcoins from 2009 or 2010 comes along then he dumps his coins there can be a global price drop.

But when there is more money invested (over $1,000,000,000,000) then no one will be able to affect the price a lot. Not even the richest people in the world. This is when the volatility will stop.
Indeed, this is the actual reason behind the volatile nature of Bitcoins. To become stable, it still needs much more support around the globe. The pace at which Bitcoins are becoming popular, it would not be an exaggeration to predict that within a decade Bitcoins will become the most stable digital currency worldwide.

This isn't even the whole of it. The lack of liquidity due to its small total valuation (yes, this is small) makes the uneducated investors respond with more effect. Dips become dumps; natural growth gets misinterpreted and then exaggerated.  A perfect example of this is what happened with BCC as it became available after the fork. People couldn't arb because everything was janked up, so the price started varying wildly per exchange (250 on hitbtc, 700 on Bittrex).

For whales it's hard to move your position around without making the market react.

And for those that say a billion is too high to manipulate, remember, rich people can work together Wink
Price for everything in the world is volatile, even the goods and food stocks you from the market.
Their price is likely to increase, and sometimes you see their price going below the rate you had expected. All these things are due to exchange (correct me if I am wrong).
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 13, 2017, 06:38:03 AM
#58
Bitcoin's relatively low market cap is one factor contributing towards volatility. A few whales buying or selling can make a huge dent in the price due to market cap being low in comparison to the amount of coins exchanged. If the market cap of bitcoin were $1 trillion it would be more difficult for buyers and sellers to make a dent in the price as an overall percentage and btc volatility would likely be more stable.

Bitcoin also being prone towards things like hard forks, SEC rulings, exchange instability, theft and having markets like silk road and alpha bay shut down also increases volatility.



To make it simply for understanding, some group of people can manipulate with bitcoin price. They can manipulate with supply and demand until one point I think, but people tend to follow market movements and they contribute to drop with panic selling, or to price rise with pushing money into bitcoin if news are good.
I agree with you about future, this fluctuations can stop one day when market grow a lot, then it will be hard to manipulate with so big market. With legalization some governments will make some regulations and that
can also inflict on fluctuations.
hero member
Activity: 952
Merit: 500
August 13, 2017, 05:15:23 AM
#57
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

For any currency,there is a government or central bank to control its price volatility.But for bitcoin,there is no such central authority to control its price since it is a decentralized currency.Its price either increases or decreases in proportion to increase or decrease in demand for bitcoins.By this way,we could say that bitcoin expresses its original value.Earlier,chinese investors used to dump their huge volume of bitcoins to make price fall to buy cheap bitcoins.That was also a reason for its volatility.But now,since bitcoin has investors all over the world,chinese gamblers are no more able to manipulate bitcoin price.Thats why bitcoin price is less volatile now.
legendary
Activity: 2562
Merit: 1441
August 13, 2017, 04:50:09 AM
#56
Bitcoin's relatively low market cap is one factor contributing towards volatility. A few whales buying or selling can make a huge dent in the price due to market cap being low in comparison to the amount of coins exchanged. If the market cap of bitcoin were $1 trillion it would be more difficult for buyers and sellers to make a dent in the price as an overall percentage and btc volatility would likely be more stable.

Bitcoin also being prone towards things like hard forks, SEC rulings, exchange instability, theft and having markets like silk road and alpha bay shut down also increases volatility.

full member
Activity: 372
Merit: 100
The Organic Growth Token
August 13, 2017, 01:18:15 AM
#55
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Volatility takes place for the reason that Bitcoin's value is hookep up to market's demand. There's no need to be confused. If you are worried about a sudden dip after you bought Bitcoin, after few days or weeks, it will again increase as its normal or before the dump and maybe, bigger. It is normal, I think. It will be less volatile if more people will engage themselves to Bitcoin.
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