Topic: Will Bitcoin Experience More Price Volatility in 2018? - page 10. (Read 961 times)

Even if that is the case there is no concrete way for government to regulate it. There will always be loopholes on their regulations and there will always be unregulated exchanges where we can trade. Although that is the case, I agree that it will be more volatile this year as demand for Bitcoin as well as altcoins are increasing a lot lately and adoption rate is high ATM.  I expect unexpected price movements this year and I expect soe big bullish or bearish trends.

   I like how conservative these projections and analysis are. OP's article reads like, the only thing said about bitcoin lately where people may be walking on eggshells as they're concerned about putting their reputation at risk. I feel like the author came on this forum, read what everyone was saying & rewrote general public opinion to come up with their article, avoiding the more controversial points. Its a well structured read from an english perspective, but there's nothing really new here and some of the points have a bit of spin applied to them.

I would be interested to know what people who write these articles really think about bitcoin without the politics, agendas and intrigue involved.

I expect so, knowing that new money has poured into bitcoin and more and more people are being lured into the gates of this cryptocurrency. Also, the general population of the traders nowadays seemed to have learned that they can maximize their profits by switching into different alts whenever it is down or up. With the number of traders increasing who switch their coins back and forth, the crypto world and not only bitcoin would be more volatile than ever.

Definitely BTC will be more volatile in 2018 as more people are jumping in it but on the other hand, central authorities are planning to regulate it. All these factors are going to affect BTC as well as other cryptocurrency in one way or another.

Good question. I expect that in the next months a lot of people will jump in the cryptomarket, so probably there will be a lot of movement.
But this is ok because we can make a good profit.

Gold is volatile, silver is volatile, the dollar as well. When you deal with a large amount a 1% decrease can represent a huge loss like it can represent a huge gain if it increases by 1%... Bankers at Saxo bank said in 2018 Bitcoin will reach $60,000 and then crash to what it should be: $1,000

I don't think it will experience more volatility in 2018 because as more money and market cap go into Bitcoin the volatility decreases. If we think the year will end at 50-60k bitcoin then by years end the volatility too will be less it simply has to be.

I am not sure about the volatility of bitcoin that whether it will increase or decrease because considering all the factors which affects the volatility the conclusion is little bit confusing.

We have seen a remarkable change/oscillation of price within short time period when the price rises above $12K (major price dips observed, about $4000 in just in a single day) this shows that with the increase in price the volatility has also increased.  
But now the scenario is little bit changed, bitcoin doesn't grow rapidly till now after the huge dip of 40-45% in the previous month, this opposed my first observation that i have stated above. This seems that we are not going to see this rapid increase without brakes in 2018.

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.

investor will use 2017 to make many invest in bitcoin , Demand will rise and price will rise more and more.
Bitcoin will Experience More Price Volatility in 2018
 

It seems it would require something to happen to suddenly soar again. It's been hovering at the 15k-16k range it was before it went to 20k.

I agree with the part of high volatility is the intrinsic value of Bitcoin, couldn't agree more. Bitcoin is used as an investment ride these days, people are using Bitcoin price volatility to gain profit or loss  . As long as Bitcoin is volatile, more and more people are going to know Bitcoin.

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.