why Bitcoin rate is flexible

[rambhajan99]

What is reason bitcoin rate varied everyday?

[RGBKey]

Bitcoin is traded like a commodity because every second of every day people are evaluating its worth to be something different than it was before.

[Rude Boy]

Bitcoin rate were decided by the market cap, supply, infaltion, liquidity, etc.,

[Blawpaw]

The rate of Bitcoin is extremely volatile because there is still a very low trading volume. Demand is still very low and the market is still growing and as soon as we see the real mainstream adoption take of the volatility will tend to seriously decrease over time.

[Possum577]

What is reason bitcoin rate varied everyday?

You should refer to it as the price or quote.

Supply and demand is all it is, pretty incredible that it can move so much based on the difference between sellers and buyers. One other factor to consider is the daily volume of bitcoins exchanging hands each day. If the volume is low a smaller order can influence the price more, and the opposite is true if the volume is high.

If you go to blockchain.info you'll see the trades going through that exchange, it's endless...lots of trades and a lot of big amount per trade (mixed in with the small amounts.)

[Amph]

only one thing, adoption and small users base, we are like 3M more or less, which is a joke, we should be 1B to be serious enough

[xhoneyael]

What is reason bitcoin rate varied everyday?

You should refer to it as the price or quote.

Supply and demand is all it is, pretty incredible that it can move so much based on the difference between sellers and buyers. One other factor to consider is the daily volume of bitcoins exchanging hands each day. If the volume is low a smaller order can influence the price more, and the opposite is true if the volume is high.

If you go to blockchain.info you'll see the trades going through that exchange, it's endless...lots of trades and a lot of big amount per trade (mixed in with the small amounts.)

thats right its only in supply and demand..
if there a demand or order price can go higher..
if there much coin supply than demand price can go lower..

[yatsey87]

Why do stocks shares oil gold fluctuate? Supply and demand. People are constantly trading them and the price follows the demand and supply.

[ikydesu]

What is reason bitcoin rate varied everyday?

Like other rate currency, it's depends on demand and supply, but bitcoin price is volatile, sometimes you can buy with low price, sometimes you can sell high. Recently as far as i see the price is pretty stable.

[Mickeyb]

only one thing, adoption and small users base, we are like 3M more or less, which is a joke, we should be 1B to be serious enough

I seriously doubt we are even that much. I would say 1M and that's a great number as well (what I am trying to say it's just that I hope it's not lower).

As for the Bitcoin volatility and change in price, yes, we are still very small and price is influenced very easyily. As we grow in the future(hopefully), price will be getting more stable. Bitcoin is pretty much behaving just like any other currency, asset, commodity. All of this is quite normal.

[btc-facebook]

What is reason bitcoin rate varied everyday?

Like other rate currency, it's depends on demand and supply, but bitcoin price is volatile, sometimes you can buy with low price, sometimes you can sell high. Recently as far as i see the price is pretty stable.

if you talk about country currency, I think bitcoin has unstable value rather than most currency around the world.
As we can see, bitcoin still need more attention so it will increase bitcoin holder around the world. Maybe we can start from some company paying worker's salary with bitcoin

[Denker]

The reason is the actual market cap of Bitcoin is really tiny compared to other payment systems or financial vehicles.
The tinier the market cap the easier to play with it by guys who have a lot of money.

[ikydesu]

What is reason bitcoin rate varied everyday?

Like other rate currency, it's depends on demand and supply, but bitcoin price is volatile, sometimes you can buy with low price, sometimes you can sell high. Recently as far as i see the price is pretty stable.

if you talk about country currency, I think bitcoin has unstable value rather than most currency around the world.
As we can see, bitcoin still need more attention so it will increase bitcoin holder around the world. Maybe we can start from some company paying worker's salary with bitcoin

I talk about bitcoin price, you can see look back, bitcoin price is really like roller coasters, but recently the price is stable around $200+

Yes, there are company like Bitpay which have a facilities to pay employee with bitcoin.

[aakashsangwan]

only one thing, adoption and small users base, we are like 3M more or less, which is a joke, we should be 1B to be serious enough

I seriously doubt we are even that much. I would say 1M and that's a great number as well (what I am trying to say it's just that I hope it's not lower).

As for the Bitcoin volatility and change in price, yes, we are still very small and price is influenced very easyily. As we grow in the future(hopefully), price will be getting more stable. Bitcoin is pretty much behaving just like any other currency, asset, commodity. All of this is quite normal.

You are correct the reason behind high fluctuation is low demand and lower supply which make big gamblers to play high with buying and selling in the market, but who are in investing mode they can go for buying in lower and wait for the high price so that they can sell,

all the products which have joined in commodity trading they all show high volatile in market price due to lower supply and gamblers playing highly with the prices.