Topic: Why the price of Bitcoin change more than traditional currencies? - page 12. (Read 15605 times)
September 19, 2016, 02:52:05 AM
It is not stable. Unlike the usual currencies which the government has the control. Plus it usually depends on the people that uses the bitcoin. If I keep more of the bitcoin and so my friend and other friend then its price would goes up because of the scarcity of its existence or the numbers of bitcoin on the market. But if many will sell their bitcoins and floats on the market then its price would go down. It is usually dependent on the people that uses it. It depends on the demand.
September 19, 2016, 02:46:17 AM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
In 2014, the price of the bitcoin will be very high, so is the market capitalisation. So the price will be more stable.
This year, the price was not very volatile. It survived several mini crisis, the price just drop 30% in each occasion.
September 07, 2016, 05:37:45 PM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
In 2014, the price of the bitcoin will be very high, so is the market capitalisation. So the price will be more stable.
September 05, 2016, 09:13:39 AM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
In 2014, the price of the bitcoin will be very high, so is the market capitalisation. So the price will be more stable.
September 05, 2016, 12:44:16 AM
I just watched a video where Tony Vays mentioned that it would help reduce bitcoin's volatilty if the price is really high something like $10,000 per BTC. He explained that percentage wise the volatility will be low since the price is so high. A $100 price move will be huge if BTC is at $600 but minuscule if it is at $10,000. Also the supply of BTC goes only up to 21,000,000 coins. With a limited and low supply, it would make sense that BTC should be high enough in price to become more stable and have minimal volatility. I hope that helps.
September 04, 2016, 12:25:10 PM
The price of Bitcoin change because it depend in the market and because fiat is too not stable . So the price still increasing and decreasing mostly
you are right, the price of the bitcoin is going to be increasing really strong for a while, i think that right now it should also grow a lot September 04, 2016, 02:50:38 AM
That's because bitcoin has so little user base than the other major currencies like Euro or USD. In fact, bitcoin is more like a stock rather than a currency at this time. It solves some huge problems but it is nothing near to be a currency. That's why its so volatile.
There are too few users of the bitcoin. Most people who own the bitcoin just use it as a speculation tool now.
August 30, 2016, 08:32:32 AM
That's because bitcoin has so little user base than the other major currencies like Euro or USD. In fact, bitcoin is more like a stock rather than a currency at this time. It solves some huge problems but it is nothing near to be a currency. That's why its so volatile.
August 30, 2016, 08:25:59 AM
The price of Bitcoin change because it depend in the market and because fiat is too not stable . So the price still increasing and decreasing mostly
you are right, only people themselves control the bitcoin price and nothing else, i think that the overall trend of the price should be up 
August 28, 2016, 05:27:35 PM
because all of the traditional currencies are already distributed to every user of it and the demand and supply of that currencies are constant, while bitcoin is in early stage and with the increase in demand(adoption) the price increase higher.
I agree with you, when a time come when every citizen will have their bitcoin and the demand and supply will come to constant then the price of bitcoin will be stable.
August 28, 2016, 05:15:37 PM
The price of Bitcoin change because it depend in the market and because fiat is too not stable . So the price still increasing and decreasing mostly
August 28, 2016, 05:12:38 PM
Because governments control the FIAT currencies, and therefore it's not as volatile as a currency which is managed by people. Decentralization means that.
August 28, 2016, 05:04:22 PM
just because it depends only on people and nothing else
August 28, 2016, 04:55:12 PM
The price of Bitcoin change more than traditional currencies because it's digital currency working only online, and depend in the market so the price is not stable.
August 28, 2016, 04:47:28 PM
because all of the traditional currencies are already distributed to every user of it and the demand and supply of that currencies are constant, while bitcoin is in early stage and with the increase in demand(adoption) the price increase higher.
August 28, 2016, 03:22:42 PM
This is easy question.
Price of bitcoin is not controllable so its more dynamic.
That's not downside in most.
It may make weak hands lose money but its good to be speculative sometimes.
Price of bitcoin is not controllable so its more dynamic.
That's not downside in most.
It may make weak hands lose money but its good to be speculative sometimes.
August 28, 2016, 02:07:19 PM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
August 28, 2016, 11:58:05 AM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
August 28, 2016, 06:20:14 AM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
In 2014, the price of the bitcoin will be very high, so is the market capitalisation. So the price will be more stable.
August 25, 2016, 05:08:15 PM
traditional currencys like usd, inr, eur has high amount of volumes and still governments are printing more and more money and banks are controlling them but cryptocurrency like bitcoin has a fixed volume and to reach the total of it we are mining it
I totally agree with this, before reaching the fixed volume i personally think there will be lots of fluctuations in the price of bitcoins every now and then. Even after we reached the fixed volume there might be a slight fluctuations in the price like traditional currenciesI agree with that. In 2140, the bitcoin price will still be volatile, but its volatility will be lower than now.
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