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Topic: Will Bitcoin Experience More Price Volatility in 2018? - page 6. (Read 961 times)

sr. member
Activity: 658
Merit: 250
I do not see any reason for the volatility of bitcoin to go down, if anything there is a chance the volatility will go up there are many governments that are passing laws against cryptocurrencies that may be negative and that could scare investors which will make them sell their coins.
Its volatility is part of its being successful and popular. It has its advantages and disadvantages, and it depends what it means to be volatile. It could be an increase or decrease its value. When trading, if it's low, it's an opportunity to buy coin, and when it's high it the best way to sell it. More people will get to know and be interested to join and get involved due to this trend. Being volatile does not always mean detrimental.
sr. member
Activity: 728
Merit: 250
I do not see any reason for the volatility of bitcoin to go down, if anything there is a chance the volatility will go up there are many governments that are passing laws against cryptocurrencies that may be negative and that could scare investors which will make them sell their coins.
full member
Activity: 1316
Merit: 126
I very much want to hope for an increase in bitcoin volatility this year, but only in the direction of its growth, and then the fall already exhausted all nerves.
It is getting more volatile as of today and it could be more for the reason that many people have engage in here. The wide acceptance of bitcoin really boosting it's volatility growth in the market but the good thing of having of these is that, surely people will have a huge chnaces to earned more profit if they play it will.
member
Activity: 273
Merit: 10
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.

 




You can see that the current price of bitcoin is in a strong downtrend, so it is difficult to exceed the $ 19800 level by the end of 2017. The market is in a severe crisis when the price of altcoin also fell on bitcoin, market capitalization has evaporated $ 500 billion and is now at $ 300 billion. I believe the bitcoin girl will reach $ 1000 in 2018.
full member
Activity: 359
Merit: 100
Reinventing Decentralised Finance on BSC
I believe so. Because they are now planning to regulate cryptocurrencies and planning to add Tax on it, so with the new regulations it will affect Bitcoin's price. But I think it will give a positive effect on the crypto market because people will know that crypto world is not a scam.
full member
Activity: 392
Merit: 100
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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.

 





Dreaming to become very wealthy about cryptocurrency is really good because you can get rich even in your younger age if you are not tired of working on bounty campaigns or trading in the market.
hero member
Activity: 2842
Merit: 772
Bitcoin may not going to be as volatile as it is in2017 but I am very sure we will still have a good year in 2018. More good news are coming out and we should rejoice that Samsung want to make used of cryptocurrencies and blockchain technology. Bitcoin is going to go above the December high soonest.

The way understand it, Samsung is not joining the crypto sphere, they are using blockchain technology within their company because we all know how blockchain has many advantage. And with the size of Samsung, they really need a ledger that can be accessible from anywhere the world so that decisions (and profit) can be made in an instant, because data are being shared across.

Well this article is written back in January so yeah we have been experiencing volatility since then because bitcoin is now at $8K. But he totally get it wrong (most of the them though!) that bitcoin will not see a price below $10K as we have been on a downfall after reaching all-time-high last December.
jr. member
Activity: 60
Merit: 4
tim draper predicts a 250000 bitcoin. Others 100000. If you look at the past bitcoin never just goes straight up. So there is no evidence to suggest the future will be any different
member
Activity: 490
Merit: 17
Bitcoin may not going to be as volatile as it is in2017 but I am very sure we will still have a good year in 2018. More good news are coming out and we should rejoice that Samsung want to make used of cryptocurrencies and blockchain technology. Bitcoin is going to go above the December high soonest.
newbie
Activity: 251
Merit: 0
I think bitcoin in 2018 has experienced more volatility than all the previous years combined. Prices have gone down drastically and then have also risen to be twice the price which it dropped to. Just this last week, we saw bitcoin move $1000 in less than an hour. So much more volatile.
hero member
Activity: 1190
Merit: 534
Even if I am expecting volatility I believe that we will see fewer panic situations in the market. There will be the involvement of big whales and institutional investors but the price won't rise overnight but at a sustainable growth rate. At the ground level, it is the subject matter of the mass maturity and it is growing day by day so things won't be the same like last few years.
full member
Activity: 350
Merit: 100
It is going to encounter that unpredictability without a doubt since it's soley made and brought by individuals based on instability.. The sole premise of a digital currency is unpredictability accordingly I don't figure it will ever be steady for over seven days. Likewise individuals are expecting the cost of bitcoins to rise again to a plunge esteem however on the other hand forecasts don't work in this unstable bitcoins case.
Some are stating after the duty day it will rise . how about we perceive how that goes .
sr. member
Activity: 910
Merit: 257
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  Grin. As long as Bitcoin is volatile, more and more people are going to know Bitcoin.

That's right it's one of its features and characteristics, that is to my mind, a double edged sword that could bring big returns but could also bring about big losses if not controlled properly. It's not that easy to actually manage it and that is why many ventures in this market go south because of the very same aspect that makes the prices of many coins skyrocket in just a short time. I think 2018 would be similar with what happened last year; however, I am hoping that the market would not show more dumps for months at a time because it's really hard for investments to keep going forward.
member
Activity: 336
Merit: 10
I very much want to hope for an increase in bitcoin volatility this year, but only in the direction of its growth, and then the fall already exhausted all nerves.
full member
Activity: 304
Merit: 100
Yes, I have been saying the same since 2016 and will say the same till 2020. Cryptocurrency will feel the same price volatility every day for the next 365 days and then the upcoming days as well. The main feature of this market is volatility and that is why people are making such huge sum of money from this market. If volatility stops how will people make this much amount of money. Volatility is here to stay.
full member
Activity: 630
Merit: 100
I believe that could happen. Because the bitcoin market is booming. There are many people who want to invest in to benefit from bitcoin. That will make bitcoin prices fluctuate continuously. I hope 2018 is the year of the bitcoin market.

It seems to me, it has been doing it for a very long time. I do not remember the period when the market was down for so long. However, finally, I guess Bitcoin and altcoins will recover and even gain really a lot.
member
Activity: 294
Merit: 10
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  Grin. As long as Bitcoin is volatile, more and more people are going to know Bitcoin.
In 2017, Bitcoin is developing better and more supporters of Bitcoin; I think that in 2018 Bitcoin will achieve the most milestone, Nowadays many people want to be rich quick so they choose Bitcoin as a currency so that investors can make success as soon as possible.

so it means, more investor will come to bitcoin and this will increase the volume and the price also and finally bitcoin will reach the highest price again. and yes, it is because, in the December 2017 ago, people see that bitcoin price can increase in a short time and they cannot believe that it's happening. so now, while the price is at the low price, they can buy as much bitcoin as they can to be ready if the price is getting up soon.



Basically, that is what happening right now. When 2018 comes in the volatility of bitcoin is at its highest. And no one can tell if it will stop or continue to dump and pump this year. Let’s just wait and see but continue to have an optimistic thoughts that the bitcoin market will rise and more investors will come in which eventually lead the bitcoin price to rise again.
hero member
Activity: 2604
Merit: 816
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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  Grin. As long as Bitcoin is volatile, more and more people are going to know Bitcoin.
In 2017, Bitcoin is developing better and more supporters of Bitcoin; I think that in 2018 Bitcoin will achieve the most milestone, Nowadays many people want to be rich quick so they choose Bitcoin as a currency so that investors can make success as soon as possible.

so it means, more investor will come to bitcoin and this will increase the volume and the price also and finally bitcoin will reach the highest price again. and yes, it is because, in the December 2017 ago, people see that bitcoin price can increase in a short time and they cannot believe that it's happening. so now, while the price is at the low price, they can buy as much bitcoin as they can to be ready if the price is getting up soon.
hero member
Activity: 1890
Merit: 831
It is gonna experience that volatility for sure because it's soley made and brought by people on the basis of volatility..
The sole basis of a cryptocurrency is volatility thus I don't think it will ever be stable for more than a week.
Also people are expecting the price of bitcoins to rise again to a descent value but then again predictions don't work in this volatile bitcoins case.
Some are saying after the tax day it will rise .. let's see how that goes .
full member
Activity: 532
Merit: 101
If big events are going to happen before this year ends that may propel or trigger a bull run, then we will expect a huge rise of bitcoin's market capitalization that will push its market price more than what we have witnessed last year.
indeed, the great movement started from a large investment. and large investments started from positive news circulating. and certainly behind positive news there is a big plan about btc, which will lead to price increases
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