Bitcoin Forum

 ??? It's a rollercoaster???

There's a lot of apparent uncertainty surrounding the coin. People don't know if they trust it or not because those who are scared about the smallest of drops are freaking out the price and other investors. It's essentially a cycle until the next large boom hits. Once that comes around, people start buying again and the price starts going up once again. Then, we'll see another correction and the media surrounds bitcoin with negative news. It's a continuous cycle that bitcoin is "trapped" in, as far as I can tell.

Yes, Bitcoin is a rollercoaster ride and it is either you are enjoying the ride experience or you get traumatic because of it. This is the reason Bitcoin is not for everybody especially those people who are prone to panic and have weak hands who can only see the NOW and not the short-term future. There is no doubt that Bitcoin will be growing by leaps and bounds but the path to growth is always littered with humps and bumps. This has been already one of the important features of Bitcoin -- in just minutes the volatility can strike and any gains can vanish into this air just like magic but it has also its outstanding capacity to resurrect itself and surge again -- and again. Though this can be a big nightmare for merchants -- in fact one big merchant recently said goodbye to Bitcoin due to this issue -- the same thing can be heavenly to traders who are already knowledgeable on how Bitcoin works.

Welcome to the Bitcoin Carnival!

Bitcoin is fluctuating so much because there is doubt to stay bitcoin or not at this level. more over investor want to cash profit at this level. but Bitcoin will rise continuously.

Why? Because waves is main basic characteristic of bitcoin. Sometime big waves and sometime small.
It is just because of the buyer and seller power.

Because its decentralized, There's no way to control it. Fluctuating is depending on us. When we start buying bitcoin it value and demand increase which effect on bitcoin price. When we selling it, the demand decrease which cause bitcoin price to decrease also. Fluctuating is just a part of bitcoin's life and most of the time News make the price up and down of bitcoins.

every cryptocurrency has the rise and fall. Bitcoin is no exception.

That's right. That's part of the crypto game. And that's why cryptocurrency investments are really very risky. You need to be on top of the game and never regret your decisions, else, you will lose your mind thinking of why you didn't sell or buy at that point, or why you didn't follow your instincts...

Supply and demand. The price is very fickle because people are. People panic sell and buy whenever there is bad or good news. Both these things impact the value of bitcoin drastically. I would look at bitcoin as somewhere in between gold and stocks and shares because whilst it is a currency at heart it's also a limited asset like gold and that's why Bitcoin is probably always going to be seen as speculative asset or at least for the near future so you're really going to have to get used to the price swings and if this is something you can't handle I don't think bitcoin is right for you. However, if it wasn't for the price swings and people speculating on it you wouldn't be able to make any money of profit on it.

Price of any currency is determined by flow of demand and supply of any currency. Bitcoin is a decentralised cryptocurrency, it works on peer to peer exchange system. Bitcoin`s supply is restricted to 21million numbers, but its demand is ever growing, this imbalance demand and supply is pushing bitcoin`s price. Addition to that external factors like ban by many countries or regulations by countries are making bitcoin`s investors panic time to time. They are selling and buying bitcoin currency in panic. This is also a reason bitcoin is so fluctuating. 

Because Merlin the happy pig wants it that way.

http://blackadderquotes.com/wp-content/uploads/2015/12/wibble.jpg

As you can see bitcoin is something new to people. All new things like companies and brands go through this stage until they become established in the minds of people.

I think a more appropriate question would be why is bitcoins price not fluctuating so much that would be more weird in the grand scheme of things. When that happens there is definitely something about to blow but as we have seen since the new year a lot of alts have taken some of the dominance away from btc and for btc to get that back we will definitely see a lot of volatility and fluctuation in price as people cash in and out.

When you have something that has multi billion dollars of daily trade volume there will definitely be some uncertainties. Also as the price gets higher the $100 changes equate to much lesser percentage changes so price will go up and down more and more as the price for one whole bitcoin increases.

It will be remain like this for a while, there are many traders who are eyeing to book the profit constantly during the short period; which resulted in the high volatility in the bitcoin market. Be cautious while investing into bitcoins and don't put all your money into the bitcoins, spread the money among the other good coins as well on account for less risk.  

Bitcoin is still in the early days of distribution, and a lot of coins are owned by a small group of people. These people can

manipulate the price, if they wanted to. They MIGHT work together on multiple exchanges to pump and dump some coins,

but Bitcoin is growing now, so it is becoming more difficult every day.  ;)

I read somewhere that at one point almost 40% of bitcoins are held by around 1000 people only so lets say roughly 6mil bitcoins are held by just 1000 people that is an overwhelming stake and allows them to move the price as they see fit, so until there stakes get much smaller we can still see this rollercoaster ride happening in the near future i think!

Because so many people invest right now, it's literally the busiest it has ever been. Therefore btc rises so much.

The market is based on speculation. A simple negative news will turn the price of bitcoin downward and same when a positive news comes in, the price goes up and everyone is very happy. One thing though, this is just how the market works. That's why you will hear some investors who doesn't want to enter the market because of its volatility, take for example Warren Buffett.

Exactly. There are still some manipulators behind that can forced the price to slide or if they wanted it to increased quickly, they can do it by pumping the coins and then they will suddenly dump it. But as more people or investors are pouring their cash, maybe those manipulators are having a hard time now as compare before when they have all the power to manipulate the price anytime they want.

It's all about demand and supply method, as we all in economics demand and supply playing important role, same here happen in bitcoin prices.
Decentralization is one of the reason, No one can has control on bitcoin prices.

as we can see that bitcoin prices are going up and down. it may be the effect of the amount of transaction purchase or sale bitcoin.

One of the reasons why the btc fluctuates so much is the price of this currency has a more direct relationship with the supply and demand of it, than that of traditional currencies. In the case of the dollar or the euro, for example, their contributions may be affected by economic, political or social factors. Thus, an expansive or contractive monetary policy, a warlike conflict or capricious decisions of the authorities; They will influence the price of the currency issued by a central bank. But not in the price of bitcoin, or not so directly.

Welcome to the normal volatility of Bitcoin finally rearing its ugly head again as it had seemingly taken a break for Christmas after the dump just a few days before the holiday. This isn't anything new and it should be expected.

A lot of the volatility, now, can be attributed to normie investors and people who were trying to get in on Bitcoin to make a quick, buck now being unsure of their investment and so they might be panic-selling, they may be trying to hold and recover some of their losses, all kinds of things. It was a simpler time before everyone tried to get involved in the market trying to make only money and now everyone gets to experience the full force of a completely unregulated market. I hope it chases some of them away, to be honest, they can come back when they figure out how Bitcoin works.

Investors and miners are constantly moving to help btc grow in terms of speed and transaction fees. Sooner or later, btc will become more precious than diamonds because it is simply limited and diamonds are not. countable.

The bitcoin fluctuates because of the imbalance of the supply and demands.
There are times that there is massive of buyers and sellers these two doesn’t meet in the same time.
After the holiday seems the fluctuation is stable because btc holder doesnt dispose their btc.

that varies, there's no nothing. The market price can not state in one place .

This proves to how infant this economy and coin is. It is still the early stages. I think its so volatile due to the nature of the investors. Tons of people buy in then tons of dumb money sells out to fiat and makes it dump.

i am not worry about this.bitcoin will rise up and take the market.its the king

Less market share is the main reason for it's fluctuation. Not having enough demand causes the price to fluctuate at such a rate that stability is almost close to impossible. Now that the demand and popularity has increased there will be a proper growth in btc and possibilities for downfall will be reduced.

I think there is a lot of interest but also a lot of manipulators out there who try to move it in a certain direction for profit. 

That is the nature of the market and this fluctuation is what makes us money in the cryptocurrency  trading. The forces of market sentiments are at play hence the movement of up and  down.

Bitcoin is volatile in nature and the excessive fluctuation in its price is not so surprising at all. This is the result of being decentralized and being driven by the community. The community decides what will be the price and is determined with the aid of the law of supply and demand. We may seem to be in a roller coaster but that is just things are.

Because it's not yet an established market, and grows with popularity and breaks in with the big whales selling some of their investments.

Since the whole market is now dominated by so many people, the volatility of the price makes the crypto market the most volatile market in the world today. how are you today my friend

I'll explain this by telling you one word because it's speculative asset that's why. It doesn't have stable price, it doesn't have good use case and many people came just to try to buy low and sell high. When you add some other things well of course it is fluctuate in price.

Personally I just think of it this way. Those who have invested their fiat value on btc is starting to take profit from their earnings.
Lets say I invested 1000 USD in btc at the price of 12,000 USD then then it went to 19,000USD then its about time for me to take profit and enjoy my earnings.
but if you are a real believer of crypto curreny, HODL is the key in this business.

Well the graphs in crypto currency is a wile one. It's like the hybrid of stock market and forex. Due to the continuous bullish run, we all know that people who invested will start to sell at their desired profit.

Yes and trading btc is not for the faint hearth-ed my friend. But the good thing is we all have the equal opportunity to earn. So probably, we should enjoy this roller coaster ride.

There are a few reasons to back Bitcoin's fluctuation actually. It's a young currency, so if it doesn't doesn't fluctuate it just means that it has stabilised and there won't be as much opportunity as it has currently. And investors seeing the coin fly to an amount never seen before will definitely want to cash in on the profits. These 2 factors, including others like news and reports on it make the price fluctuate, but it definitely is an opportunity for us. 

I agree. Also, I think that's one feature of cryptocurrency, specifically bitcoin; it has that volatility aspect where its price would come up or down, seemingly in a glance, sometimes without reason, but that's how it works. As one ventures the bitcoin market, he or she should also be ready with changes like this. It may fluctuate erratically at times, and be stable for long periods of time, it's just a matter of being patient and accepting that the market has trends like that and wouldn't always play out like you want it to. 

Bitcoin’s value is dependant on the intensity of demand and supply there is.
The demand is a market factor.
The intensity with which the market needs the commodity fuels the demand aspect.

Generally all currencies are volatile in nature. Bitcoin is a decentralised digital currency. It operates only on peer to peer exchange system. Bitcoin`s supply was restricted at time of its creation. Bitcoin`s growing price is attracting more and more investors towards it. This growing demand and restricted supply is making bitcoin currency more and more volatile. Traditional currencies are centralised in nature, their supply is controlled by their regulators, due to which they have less fluctuations. Bitcoin has no central authority; its price is controlled only by flow of demand and supply, that is why it fluctuates a lot.

Eversince bitcoin started, its nature characteristics is that it is very volatile and it price is changing from yime to time. And we are aware of it for sure. There are many predictions this year that the price of bitcoin will rise to 60K$.

Fluctuating is a results of a movement from both sides the seller and the buyer. A supply and demand equation.
The more people will going to buy the price will surely increases as the supply will getting fewer.
Nobody knows if someone is controlling on that price. Or just a many small panic investors dumps there coins at the same time.

Bitcoin is fluctuating because of forks and one thing for sure is because of it's volatility, it goes up and down .if it doesn't flucutuate then there is a problem to be addressed. It's a roller coaster to somebody who thinks that bitcoin is just a game, but it's not. It's all natural mate. It's the same roller coaster as other coin goes up and down but different in value.

Bitcoin charts look like a rollercoaster due to price fluctuation, the Bitcoin community is not big enough to determine a more stable price threshold.

Those who believ in Bitcoin will ask for higher price while new users bids will be easily affected by rumors and what media says.
In less than one year Bitcoin price changed from 1k$ to 19k$ which made people confused, some of them started selling to enjoy their profits while others believe that it will be more expensive.
 

Are you seriously comparing fiat volatility to bitcoin volatility? Lol. They're incomparable. It's mountain vs. molehill.

It’s more likely because of uncertainty and continuous bad propaganda against bitcoin. Then it was holiday season at that time, more investors withdraw they’re money for auditing purposes or for giving and spending for family celebration. I do that and I’m one of millions bitcoin investors who might done the same without hesitation. It’s time to share and give to those who badly need some love and happiness like our family.

It's also like comparing oranges to apples.  ;D

Bitcoin has been moving like this even before, years ago when you'll check out the charts and how much bitcoin is way back 3-5 years ago. And there is almost the same movement from those charts to the current one that we are with.

It's fluctuating due to speculations on the market. Also Bitcoin is dependent on media. If there are news about something happening in cryptoworld bitcoin immediately reacts by jumping up or down. So, it's normal. Calm down and trade wisely.

Its not only the bitcoin but all of the coins have this volatility nature and we can't do anything about it. Its fluctuating because of the news that are spreading online, and the FUDs .

Let's think it as a whole and if we talk about the volatility of a digital currency, well that's due to the movement of the supply and demand in the market. That's right the supply was being controlled so that it will serve those who wanted more trades in daily basis or in long term holdings set. Fluctuations always happens not just with bitcoin but also the other crypto currencies like those altcoins.

If you want the real answer look at this thread: https://bitcointalk.org/index.php?topic=2705112.msg27687907#msg27687907

because big bosses play with course

I think that with the year 2018 Bitcoin's volatility started to decline, a currency that increased by $ 3,000 to $ 4,000 a day. But now it seems to be playing a price of 1000-500 dollars a day. This will increase further, meaning that the price of Bitcoin will become more stable because new investors are coming.

Bitcoin doesn't seems to be must fluctuating in nature, at time the fluctuations happen with large variation in the upward and downward direction. Right now not only bitcoin, majority of the altcoins too were going down in value. Even the ethereum which has been growing good keeps getting lowered.

Once you have enter the bitcoin world expect a move of a fly and a slow like really a literal roller coaster. There are some cases where it almost act like a bumper car who actually pauses and move. A carnival themed place would really dp to its value. So if you got weak heart who easily quit then your not good with it. Later on you'll get use to it and all the rides will be an itssy bitsy.

Simply because of its limited supply and infinite demand from the community or I should say throughout the planet which makes bitcoin very volatile, actually reading information and analysis through the internet is the best way to learn about cryptocurrency :)

Because more and more investors are coming in to support and use cryptocurrencies.

Btc fluctuates because of the huge interest of the people knowing that bitcoin is a good source of being wealthy as early adopters experiencing now they are all millionaires.Most people nowadays tend to take risk in investing through bitcoin because they believe that bitcoin is very capable of making high profit.So as popularity grow more and be known in the world increase of demand in the market also increases while there were less supplies that make its price fluctuating.If bitcoin would be widely known to the entire world possibilities would be price will reach to the highest peak.

Yes, the law of demand and supplies makes bitcoin value fluctuates, no one can control crypto currency that is why it always depend on the demand in the market, continuous adoption by many countries makes bitcoin value increasing and the popularization of bitcoin would help bitcoin life much stronger.

The value of bitcoin is fluctuating or not stable because it depends on the supply and demand law, just like any other products or other tupe of business in the world. Maybe it will become stable if no one will trade bitcoin in the market or any exchange sites out there.

I think if no one will trade with bitcoin, then the price will be down too deep and people won't use bitcoin again like before. people only want to save without doing anything and there will be no activity for bitcoin. but if this is really happening, then I think there will be other coins that will replace bitcoin to continue cryptocurrency world so cryptocurrency could work like usual. but I don't think that bitcoin will be stable in this short time because every day there is more people wants to buy and sell bitcoin and each of them has their own goals and purpose with bitcoin so the price will be more fluctuating.

The only reason of such high fluctuation is that BTC price increased to 19k$ with very quick speed in last month due to which all traders have earn more profit in very short duration and they have start transacting their profit due to which price again start falling and after falling now traders again start investing and price will again start growing and those people who wait from last some weeks for rising again they have start transacting their money due to which price fluctuation is increasing now a days.

Bitcoin is fluctuating so mcg because there are still a lot of uncertainty surrounding the cryptocurrency and its kot just bitcoin but it extends to other cruptoa as well. However with its fluctuations it can also give off high values quicker than dome might expect

It's a correction which is common, when  the value fell then time will come and it will rise back up again, I'm sure if you will keep an eye with this
you will be happy taking the advantage just focus and let your experience enhance your knowledge.

Sure enough it's a rollercoaster ride for bitcoin. When there's too much demand, too much buying bitcoin's price roars high. But then when there's too much selling, lots of supply, when investors panic and bad propaganda arise, bitcoin goes down. As this is decentralized, everything is volatile. Bitcoin is not for the weak hearted people just like when one rides a rollercoaster. Great, however, for adventurous people who are willing to take risks.

This is not Bitcoins “normal” roller coaster ride. Read this all the way through: https://www.biznews.com/global-citizen/2017/12/06/bitcoin-bitfinex-tether-risk-crashing/

If you can understand what this article is talking about you will understand what is happening to the price.

Because of all the fuds being spread about it.
This forces all the weak hearted investors and holders to panic sell amd take profits or cut losses. No other reason i can think of.
But I don't think we should be worried since the major problems of bitcoin is getting fixed and maybe soon it will finish. Amd by the time this happens, then i think it will make the prices start going up again and breaking records by records like it used to.

Most time, the flunctuation is naturally caused by the buyer and the sellers which is inevitably unavoidable.
Supply and demand often time influence its value stability

I concur with you. That is the situation now as the price dipped more demand will be made on the market and the price will start to go up again. There is no need to panic liquidity makes us money in crypto trading.

The value of a bitcoin is tied purely to the laws of supply and demand. In other words, the price is determined only by what the market is willing to pay. If more people want to buy bitcoins, then the price will increase. If more people want to sell, the price will decrease.

Human mind is subject to the influence of zhyotage and panic.
As The Telegraph writes about the current exchange fever around bitcoin, "if it's a bubble, now we are dealing with a manic phase before the collapse"

Relax, it's a cryptocurrency world man, it's a normal sometimes they're going up really fast and sometimes they're going down really fast either. so just keep investing your money on the coin that's price going dip and wait until the price go back to normal.