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Topic: Will Bitcoin Experience More Price Volatility in 2018? - page 9. (Read 964 times)

sr. member
Activity: 546
Merit: 257
Volatility is one with digital currency so I think even a lot of year will pass, bitcoin and other digital currency will be always volatile, without it I think it will not attract a lot of investor. With a lot of people who still not know what bitcoin is, I think they can start to know it this year since it really hit the market hard and and a lot of people was given a lot and good profit, in that time the price will be really moving a lot.
hero member
Activity: 1120
Merit: 507
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.

I do not think that in 2018 the bitcoin's volatility will be high and its price will skyrocket. Now many investors are investing large sums in promising altcoins.
No I think you are trending towards something different. There are so many people who are willing to invest in bitcoins. If you are just taking things up only because now a days prices are not going high and you are just supposing okay this will be the story of whole year.

So I think you must update your information that last year, prices were just nothing and at the end they were like rockets.
sr. member
Activity: 805
Merit: 250
It could be possible to happen, because I sense that there is a manipulation of prices in the market by the whales. Though they can't controlled the entire crypto community but they can certainly give a huge changes in the trend. It is something that, they take controlled the market price by using their money inside invested in  crypto.
full member
Activity: 756
Merit: 100
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.

I do not think that in 2018 the bitcoin's volatility will be high and its price will skyrocket. Now many investors are investing large sums in promising altcoins.
full member
Activity: 238
Merit: 108
I agree volatility in bitcoin price is somewhat a natural phenomenon and will always remain in bitcoin even in the coming years this is one thing that makes bitcoin  popular and more valuable. Many speculations rise in the opening of 2018 and more of them believe that bitcoin will fluctuates and will become more appreciative this year rather then the previous year I also want to believe on that
hero member
Activity: 1330
Merit: 569
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.

2017 is a major year and its something that would stand as a reference point for years to come and its because of the significant increase that happen to bitcoin and crypto currency despite the series of challenges that it faced in that year. From high fees, to fork issues, to network overload and series of onslaught from the media but it came out triumph.

However, the past is only for reference purpose and for 2018, I expect volatility but nothing compared to 2017 and its because of the following

1. The knowledge of bitcoin has circulated among a large percentage of the elite while a lot of them have taken their decision already much less are still indecisive about whether to get in or not. Unless new circle of the population is being penetrated, we might not see such high volatility like 2017.

2. The forks, in 2017, was a year the forks that happened contributed in no small way to the increment in the price of bitcoin but in 2018, we have lost count and even the ones lined up to happen in January, I dont know and this is happening to several others for us to change our decision based on forks.

.3. Regulations is 2018 is taking a more aggressive turn with banks turning back deposit, with exchange sites asking for extreme documents for KYCs, government stance being more pronounced, the penetration is being curtailed.

In all with all these challenges, I hope to see a stronger bitcoin with more basis to grow on by the end of 2018.
full member
Activity: 182
Merit: 120
Volatility on its price is a common phenomena in bitcoin, however Dec. 2017 have been so far the most volatile for btc. It sways some btc users while some remained holding their investments. It's true that the price will keep on changing from lows to highs but I also believe that bitcoin is a strong digital currency and will stay in the market for long time.
legendary
Activity: 3234
Merit: 5637
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There is no doubt that 2018 will be interesting year and that price of BTC will not have a lot of ups and downs,it is actually one of the features BTC have over the years.Since BTC is decentralized digital currency we should not expect volatility may be something that will disappear in the future,it is very possible that it will become even bigger.

Some say that it will be hard to manipulate the market due high market cap,but I think that people who have lot of BTC increase their supply with time and also start to work together to move market in the desired direction.At the end of the day for most people involved in cryptocurrency the only thing that matters is profit.
sr. member
Activity: 588
Merit: 257
Volatility is an integral part of any currency. Bitcoin is more volatile than all other currencies. Because of this volatility bitcoin is becoming more and more popular. Bitcoin investors/investors are using this volatility to earn money from bitcoin currency. In 2018 bitcoin price will set a new price record. But however it does not mean it will become more volatile than now. More and more investments and more capital in bitcoin currency make it less volatile in future.   
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Indeed high volatility is nothing new to Bitcoin as the history itself is completely filled with huge spikes over the other ones.
Bitcoin attracted many eyes towards itself as it gained 19x times its initial price in the year 2017. Many big investors have now invested in BTC.
The price is now stable around $15k-$16k and it will surely increase more this year. There are chances that BTC will suffer a huge correction as the gain was too much last year but even if BTC faces the correction it won't decline more than the $10k target and will recover the decline very soon.
full member
Activity: 182
Merit: 147
Bitcoin will always be volatile, it's an aspect that gives Bitcoin its identity. It's been a week since 2018 started and as we can see, Bitcoin rates hasn't been stable in a sense that its rate varies from time to time.It will be high at a certain time then it will have a steep decline at another minute. The reason for this is unknown or there might not be any reason for it at all but this just goes to show that the volatility of Bitcoin can be extreme at times. This is expected and we should just put its volatility into good use for our benefits.
full member
Activity: 490
Merit: 107
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.

Number of traders are up that is why some exchanges stop accepting new users because of the surge of volume. Anyway, bitcoin will still be more volatile this year because it was only on the last quarter of 2017 when more money flow in causing a surge in prices both in bitcoin and altcoins thus a rapid increase in market capitalization. Some countries are implementing some regulations so for those who are conservative who will always say that they will not be involve with cryptocurrencies because it is not regulated would invest into it.
In crypto currency world we should always assume volatility because of past movement of prices but it just from the begining but now it seems that it start to stabilized or when it moves it will just pump up. Maybe the caused of this is due to investors trust .start to build up as crypto currency is in the stage of maturity.
legendary
Activity: 2968
Merit: 3684
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More volatility? After a year previous that saw 50% rise and 50% drops in a mere matter of days? If anything teaches anyone about Bitcoin, it's that it cannot be relied on for any pattern except volatility. Personally, I am ready for a long, months-long, period of drought and sideways trading, if not a slow bearish pattern that will cast serious doubts on Bitcoin. This will lead up to actualy Segwit adoption/migration, and hopefully Lightning Network by end of the year. Mempool will continue to struggle, fees will continue to be high, all this will be the glass ceilings for Bitcoin to break.

Luckily, new money inflows and a steady stream of new alts will ensure Bitcoin is always in demand, so whatever bad news will attempt to break it this year will be held afloat by demand.

As the article says, the reality is that Bitcoin is as capable of 90% gains in a day as it is of 90% flash crash in 24 hours. It is as likely to be $100 as it is $1 million. Time will tell.
sr. member
Activity: 616
Merit: 262
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.

Number of traders are up that is why some exchanges stop accepting new users because of the surge of volume. Anyway, bitcoin will still be more volatile this year because it was only on the last quarter of 2017 when more money flow in causing a surge in prices both in bitcoin and altcoins thus a rapid increase in market capitalization. Some countries are implementing some regulations so for those who are conservative who will always say that they will not be involve with cryptocurrencies because it is not regulated would invest into it.
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
Is this an article? I think this should be posted on Bitcoin Discussions board or Press Board. I agree on this and additional thing is a lot of investors that are not tech savvy and some of them doubted cryptocurrency , called it scam and fraud are now joining the Bitcoin Community and loving the opportunities that Cryptocurrency gives. We can now say that Bitcoin's year is 2018 , it stil lgaining popularity on all different markets that leads to great demands.
full member
Activity: 434
Merit: 100
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 think so too. Despite optimistic forecasts of bitcoin growth, there will not be such rapid growth as this year. It will basically be held at one level.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I think not. Everyday it seems like we are getting closer to mass acceptance and less volatility.
I don't see why you think there is going to be less volatility, if there is more adoption such a thing means an higher price, but also means bigger movements, when bitcoin was worth 10 dollars losing 30% meant losing 3 dollars, now with bitcoin at 17k losing 30% means losing 5k and if bitcoin reaches 50k in the future losing 30% means losing 15k.
sr. member
Activity: 531
Merit: 250
I think not. Everyday it seems like we are getting closer to mass acceptance and less volatility.
legendary
Activity: 1918
Merit: 1012
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It most likely will not. It has grown in market capitalization and even whales will find it difficult to move the market now. Moreover, with futures beginning to trade at 2 major exchanges, liquidity has only increased. There is a way for bears to short Bitcoin, which will result in less overall volatility. All the volatile action is beginning to shift to altcoins.
jr. member
Activity: 154
Merit: 4
Hi, definitely, it is very likely that the BTC in 2018 will have an incredible increase in its price, because of the great demand it has, and a decrease due to the influence of the big shots.
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