Bitcoin Forum
May 26, 2024, 03:23:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: There is no reason for small price changes, Stop looking!  (Read 2605 times)
Qartada
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile WWW
April 04, 2017, 07:03:14 AM
 #41

It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.

severaldetails
Hero Member
*****
Offline Offline

Activity: 959
Merit: 500


View Profile
April 04, 2017, 07:31:08 AM
 #42

It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.
I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
Seansky
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
April 04, 2017, 11:06:41 AM
 #43

I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.
panju1
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000



View Profile
April 05, 2017, 12:35:59 AM
 #44

I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.

Looking at the news and predicting the price is reactive. You will fail to make spectacular gains.
If you can predict the news, then you may be at an advantage.  Smiley
Ayiranorea
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 255


Leading Crypto Sports Betting & Casino Platform


View Profile
April 05, 2017, 09:38:48 AM
 #45

The price changes happening with bitcoin is a normal thing, only the big increase happens in respect to some technology update​s or some other related factors. One such thing happened recently and minor fluctuations were common and that's the one which makes bitcoin the best.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
lionheart78
Legendary
*
Offline Offline

Activity: 2898
Merit: 1152



View Profile WWW
April 05, 2017, 10:57:14 AM
 #46

I'm not sure anymore if analysing the chart really helps anymore.
These days it's just too many pumps and dumps of altcoins that affect bitcoin.
I do not think they can be read out of the charts, because somebody intentionally activates them at a point he decides.
I make these actions mainly responsible for the way bitcoin price moves.
I agree with you that analyzing the charts right now to predict bitcoin's future price does not help anymore but instead of a chart, One can predict the course of bitcoin's price by just looking at the news and of course at the FUDS spread by some whales or two that are trying to get cheap bitcoins. It really is that somebody intentionally not activate but manipulate it at a point he decides, whales to be precise and they are the ones responsible for the big movements of bitcoins price.

Well definitely it cannot detect the future price but we can use it as reference on every events that happen in Bitcoin and successfully predict the price's next movement.  News and updates on development and adoption more likely tells and give impression that Bitcoin will definitely increase in value though I am quite surprised that the latest etf rejection being negative news about BTC does not affect it price, instead Bitcoin keeps on recovering its price.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
phr0stbyt3
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
April 05, 2017, 11:31:22 AM
 #47

There's nothing you can do about it , that's what actually happens in stock market most rival companies simply spread
fake news and because of this panic selling occurs. So this may be a trick of bitcoin rival who simply want to create chaos
and drop the price of bitcoin or these are newbies who have no idea how bitcoin works.
Red-Apple (OP)
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
April 05, 2017, 01:50:30 PM
 #48

fake news and because of this panic selling occurs. So this may be a trick of bitcoin rival who simply want to create chaos

fake news and panic selling will always create big swings not small and that is "a reason" for a big change.

by the time i created this topic (2016-11) bitcoin price was mostly stable and price went up and down upto $10 and everyday price went down $10 people made new topics asking why it happened and everytime it went up $10 the same story. so i made this to say "Stop looking for reason for tiny changes"

--signature space for rent; sent PM--
wxa7115
Hero Member
*****
Offline Offline

Activity: 2730
Merit: 706


View Profile
April 08, 2017, 03:39:12 PM
 #49

Technically there is a reason for every price change, if the price rises then that means there are more buyers, if the price drops then that means there are more sellers, however the reasons for small prices changes cannot be defined since it may be a random event, maybe more people need to pay for something and then they sell their coins and that makes the price drop a little bit.
equator
Legendary
*
Offline Offline

Activity: 1190
Merit: 1002


View Profile
April 08, 2017, 04:02:27 PM
 #50

Technically there is a reason for every price change, if the price rises then that means there are more buyers, if the price drops then that means there are more sellers, however the reasons for small prices changes cannot be defined since it may be a random event, maybe more people need to pay for something and then they sell their coins and that makes the price drop a little bit.

Ya it is true that big changes have the real reason behind it but for small change in trading it is just buyer and seller traders who are flicking it. People only get panic on big movement of price in bitcoin till then they dont care much but they dont know that on every big movement before it goes the change comes in small and we have to take care of that that what is that little change whether it is going upward slowly or downward slowly so that we can recognize the next movement of price
Ayiranorea
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 255


Leading Crypto Sports Betting & Casino Platform


View Profile
April 09, 2017, 04:22:46 AM
 #51

Every small change in price has got some reason. It might be happening due to technical move or depending upon the market. Very few doesn't care of the small changes. I believe even small changes were valuable and the people who committed to it easily profit with that.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
ekoice
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
April 09, 2017, 08:09:07 AM
 #52

I keep seeing new topics in this board looking for reasons for rises or drops and they always have one thing in common: the change has been small.

I say any change smaller than $50 is normal with bitcoin and it is because of the normal fluctuations that any other market also has. but the range of changing is bigger with bitcoin because its market cap is much smaller than others.

what are your thoughts on this?

I strongly agree. There is no reason for some emotional reactions, panic selling or buying and deeply questioning about some "secret" reasons for increase of the price.
Current pumps and dumps are within the range of normal Bitcoin price fluctuation and vlatility so everything is under control. However, we'll see what will happen in the future.
Yes, its quite natural to see a small change in price any time.It should not be taken as a matter of serious discussion.It differs in accordance to the increase and decrease in buy and sell orders.but if there is a big difference in price,then it has to be considered.
taxmanmt5
Legendary
*
Offline Offline

Activity: 1190
Merit: 1024


View Profile
April 09, 2017, 10:23:42 AM
 #53

It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.

The real traders focuses on small price changes and buy/sell the coins to get high benefits. The reason they get benefit is that fact they invest high volume of coins and a single unit of increase and decrease is like thousand of dollars for them.
iv4n
Legendary
*
Offline Offline

Activity: 3150
Merit: 1174



View Profile
April 09, 2017, 10:34:15 AM
 #54

I keep seeing new topics in this board looking for reasons for rises or drops and they always have one thing in common: the change has been small.

I say any change smaller than $50 is normal with bitcoin and it is because of the normal fluctuations that any other market also has. but the range of changing is bigger with bitcoin because its market cap is much smaller than others.

what are your thoughts on this?

Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

It's normal, but for day traders and most speculators it can be a huge indicator of the future, so they have to analyse the charts (even small fluctuations) very closely if they want to succeed in their Bitcoin trading.

The real traders focuses on small price changes and buy/sell the coins to get high benefits. The reason they get benefit is that fact they invest high volume of coins and a single unit of increase and decrease is like thousand of dollars for them.

Stock market offer the same thing just with other currencies, and dollar/euro/.. have fluctuations and some people earn a lot by exchanging them. This is now other topic how they do it with dollars, bitcoins, and how much money someone needs to have to make profit from this kid of trading. This trades on a high scale make all market fluctuations, and with lot of money and knowledge people can manipulate with this.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Red-Apple (OP)
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
April 09, 2017, 12:07:52 PM
 #55

Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

no, $100 is big. actually %50 is still big. and as i explained a couple of comments above, something around $10 to $30 is normal for the current bitcoin market size and it can be considered as daily fluctuations.

and yes it can be stable with small changes. just like small changes in USD price or Gold price,... but it needs to become bigger. the market has to grow and the exchanges have to change and become bigger. the orderbooks, although looking big, are still small and they can easily be sold to or bought so that price changes big time.
and that will only change with more adoption.

--signature space for rent; sent PM--
Cherylstar86
Sr. Member
****
Offline Offline

Activity: 1484
Merit: 253



View Profile
April 09, 2017, 01:37:38 PM
 #56

Well, price changes has many reasons for us who really monitored bitcoin price all over the trend happening everyday. We could not stop looking unto it because honestly most users and investors of digital currency have a serious bindings of every bitcoins price drops, it means so much for us and profit is the main reasons here.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
April 09, 2017, 03:29:32 PM
 #57

I think it is OK and normal to react that way, they are just newbies that only wants a better income in this bitcoin investing thing and I think the well experience ones are still feeling the same thing, they see the market cap was small but the exchange rate is this much high, they always thinking that it is very useless if they don't do a thing, and my opinion is stay focus and calm it is better that way!
wxa7115
Hero Member
*****
Offline Offline

Activity: 2730
Merit: 706


View Profile
April 09, 2017, 07:41:09 PM
 #58

Now that 50 dollars difference is higher and I would say any changes that are lower then 100 dollars are normal fluctuations, in future price of bitcoin will rise and this fluctuations probably will be higher, the qustion is will we ever see bitcoin price stable with very low daily/weekly fluctuations?

no, $100 is big. actually %50 is still big. and as i explained a couple of comments above, something around $10 to $30 is normal for the current bitcoin market size and it can be considered as daily fluctuations.

and yes it can be stable with small changes. just like small changes in USD price or Gold price,... but it needs to become bigger. the market has to grow and the exchanges have to change and become bigger. the orderbooks, although looking big, are still small and they can easily be sold to or bought so that price changes big time.
and that will only change with more adoption.
I think as time passes and we keep seeing the price of bitcoin this high there is the chance we will attract a part of the investors in the gold market, after all gold and bitcoin share some characteristics and the user base also has a lot in common with gold holders since they want to protect the value of their investments.
dothebeats
Legendary
*
Offline Offline

Activity: 3654
Merit: 1353


CoinPoker.com


View Profile
April 09, 2017, 07:48:13 PM
 #59

The weak handed are the only ones who are inclined to ask negative thoughts about small price changes on bitcoin. But to be frank, $50 jump within a single hour is really fascinating, though if within the day, it can be considered normal because that's how this market goes. They are used to stable prices on different commodities and must have forgotten that bitcoin is an active, fast-paced market.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!