Topic: Will Bitcoin Experience More Price Volatility in 2018? (Read 944 times)
It seems to go cyclic and predictable, but anyway it is not always going the way we expected, my goal is to decrease the amount of dumb decisions, I`ve maid so far, lol!
I believe the bitcoin and crypto and the increasing price of crypto will be there every year. for the percentage of price increase it depends on the market and the interest of investors to trade in cryptocurrency.
I think this is due to price manipulation which is brought by whales.
It's actually happening already. It was around 19,000 USD during december and january but now it's around 6,500 USD. Imagine how volatile the value of bitcoin it. Demand and supply really plays a huge role in this market. But I knew one day, the price of bitcoin will stable on a certain level once the economy is fully engaging in the technology.
by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
Bitcoin's volatility in 2017 and 2018 was born due to the investment attractiveness of this asset. A lot of people have earned on his course. But due to the fact that save bitcoins now a lot of people, and interest to buy from new users is not so much, so the price moves in one corridor 6000-10000$. If there is a new and strong news that will create a stir on bitcoin, i.e. volatility will increase and the price will jump up immediately. In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
I think that the level of volatility of bitcoin will directly depend on the level of its price. The higher the bitcoin price rises, the greater will be its volatility. This just showed an example of the increase in the price of bitcoin in December last year to almost $ 20,000 and the subsequent drop in its price to almost $ 6,000. You can imagine that if bitcoin grows two times more - up to $ 40,000, accordingly, it can then fall to a correction of about $ 13,000. For ordinary money, such a fall in price would simply mean a catastrophe, but for a crypto-currency it seems to be a normal phenomenon.
Volatility is a consequence of low volume, decentralized market, high manipulation and capped supply. Bitcoin may get rid of some of these in long term. But it can't get rid of all these points. Thus, Bitcoin volatility is here to stay even in long term. For 2018, Cryptos are still quite sensitive to news/rumors and market manipulation is at all time high right now which isn't healthy for the market and are main reasons to bring this bear phase with such a high volatility.
Different people are speculating in different ways, but I think that if we want a healthy future for Bitcoins,it should remain stable at some point for some time, maybe 6 months and grow with stability. Because going higher too quick will only make others call it a bubble and we don't want such a great technology to get criticized for that part. I think it'll remain conscious between $15-25k and stabilize near last year's ATH - 20k.
Thinking about this for several times when I read this, I really can not get the point why you are wishing of a temporary stability of bitcoin price. I we let such thing happen, what will happen to the next months to come? Remember, volatility is an asset of of bitcoin. It is like a reverse psychology.
You are right, stability of bitcoins is not required because the only reason why cryptocurrency is profitable today is because of the volatility of the market and if bitcoins will become stable then all the cryptocurrency will be useless as well.
In 2018, the price fluctuation of Bitcoin is huge. It is not the same as Bitcoin's fluctuation in 2017. In the year 2017, Bitcoin fluctuates mainly as Bitcoin's value increases and peaked at the end of 2017. But the fluctuation of Bitcoin in 2018 other. Bitcoin constantly increases and decreases value in a short time without following any rule. Even the experts' predictions are inaccurate about the peak of Bitcoin. In general, this year, Bitcoin is really volatile.
I agree, we can say that in this year, 2018, is the year where we can feel the volatility of bitcoin. I agree that even experts opinion and predictions about the price range are inaccurate. It's really risky to trade and invest because the drop of price is too sudden, that's why the demand decreases. People are uncertain and afraid to lose a lot of money.We are now on 2nd quarter of the year 2018, even from the first quarter of the year, we’ve been struggling with the price volatility and until now market price continiously fluctuates. Maybe the year 2018 will be experiencing more dip before it will recover and go up again. We just have to be patient because in the right time it will be stable again.
Since year 2018 started, I agree that we've been struggling and experiencing more of volatility in the price of bitcoin compared to the past few years. Even though we know price volatility are unavoidable. But then we should expect the unexpected in the market price anytime. 
In 2018, the price fluctuation of Bitcoin is huge. It is not the same as Bitcoin's fluctuation in 2017. In the year 2017, Bitcoin fluctuates mainly as Bitcoin's value increases and peaked at the end of 2017. But the fluctuation of Bitcoin in 2018 other. Bitcoin constantly increases and decreases value in a short time without following any rule. Even the experts' predictions are inaccurate about the peak of Bitcoin. In general, this year, Bitcoin is really volatile.
I agree, we can say that in this year, 2018, is the year where we can feel the volatility of bitcoin. I agree that even experts opinion and predictions about the price range are inaccurate. It's really risky to trade and invest because the drop of price is too sudden, that's why the demand decreases. People are uncertain and afraid to lose a lot of money.
We are now on 2nd quarter of the year 2018, even from the first quarter of the year, we’ve been struggling with the price volatility and until now market price continiously fluctuates. Maybe the year 2018 will be experiencing more dip before it will recover and go up again. We just have to be patient because in the right time it will be stable again.
In 2018, the price fluctuation of Bitcoin is huge. It is not the same as Bitcoin's fluctuation in 2017. In the year 2017, Bitcoin fluctuates mainly as Bitcoin's value increases and peaked at the end of 2017. But the fluctuation of Bitcoin in 2018 other. Bitcoin constantly increases and decreases value in a short time without following any rule. Even the experts' predictions are inaccurate about the peak of Bitcoin. In general, this year, Bitcoin is really volatile.
Different people are speculating in different ways, but I think that if we want a healthy future for Bitcoins,it should remain stable at some point for some time, maybe 6 months and grow with stability. Because going higher too quick will only make others call it a bubble and we don't want such a great technology to get criticized for that part. I think it'll remain conscious between $15-25k and stabilize near last year's ATH - 20k.
Thinking about this for several times when I read this, I really can not get the point why you are wishing of a temporary stability of bitcoin price. I we let such thing happen, what will happen to the next months to come? Remember, volatility is an asset of of bitcoin. It is like a reverse psychology.
actually, if we see the history of bitcoin before, the price is always volatile even if when the price is less than $1000, the price is up and down in many times. and I think if we can see the volatility will happen in this year, it is better for us to gets prepare and if we can use the chance to buy at lower price and sell at the highest price, then we could still make a profit. don't worry if in the first time you cannot make any profit, just keep continue and try to take a small profit and then middle profit and then a big profit.
That is as expected , because the volatility of bitcoin will always continue until, how bitcoin will ladt or the other cryptos , because volatility is cause by the market sudden changes of price value in the marketplace.
Yes Bitcoin price by 2018 are more volatile, Imagine day by day, The user and investor of bitcoin are keep growing, This things has a big impact to its value, Let's wait for the upcoming days, I positively believe that it will break its records:)
The price volatility of bitcoin will continue, since only volatility will attract more investors.
Bitcoin investors are using this volatility to make money from bitcoin.
Bitcoin investors are using this volatility to make money from bitcoin.
With another altcoins are exist in the market right now, im sure that bitcoin and another famous altcoins will also experiences price volatility this year. I hope it only brings positive trends in to crypto market. No more negative issues and panic selling
Apparently, the higher the bitcoin rate rises, the greater will be its volatility. This is obvious and showed an example with an increase in its price to almost $ 20,000 and its fall to $ 6,500. At a high price of bitcoin, the amplitude of its price fluctuations can be much greater.
One can imagine how high the volatility of bitcoin will be if its price rises by more than one hundred thousand dollars. It seems to me that the high volatility of bitcoin will be the main obstacle to its very high growth in price.
One can imagine how high the volatility of bitcoin will be if its price rises by more than one hundred thousand dollars. It seems to me that the high volatility of bitcoin will be the main obstacle to its very high growth in price.
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