a 100-150 jump in price daily is avg for volatility of btc

[Bluengold341]

just expect that btw, so far it's remained steady around 2750 btc

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[ktabb]

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

[azguard]

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Its usually around 3-4% per day and off course it comes when price jump more then this but when we are looking in monthly bases then its around 4% daily.
This is good cuz the more demand for bitcoin will generate bigger price and price increase.

[Lieldoryn]

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Its usually around 3-4% per day and off course it comes when price jump more then this but when we are looking in monthly bases then its around 4% daily.
This is good cuz the more demand for bitcoin will generate bigger price and price increase.

That's not me very happy. The more inflated the price, the greater the probability that it will be a great collapse. We have seen how it happened with real estate. The same can happen with bitcoin. I see no economic component in the price of bitcoin and it's sad.

[digaran]

As much as I love this about Bitcoin but it is a dangerous property of Bitcoin, it scares pussies and the investors with less balls.
And the exact same volatility of it is what makes it a challenge, good thing for us true believers as well since many of the people wouldn't enter with their money to cause even more price increase means more time for poor and smart people like us to get more.

[bouren]

just expect that btw, so far it's remained steady around 2750 btc

It is difficult to say that bitcoin will remain showing similar nature in future too. As you said it is no wonder btc goes up/down by $100-150 daily but who knows we could accept its $500-600 volatility in good soul too!
All depends upon whether we gain or loose from btc in long run.

[Theb]

I don't think that the volatility of Bitcoin is normal, what I mean about that is Bitcoin as of now a 150$ change in price daily is about 18-23% price change depending on where you count it on. But that kind of price change cannot be defined as normal, we can translate it to that traders are still being indecisive with how Bitcoin's trend is going. What I mean is people are still on the verge of identifying the trend yet.

[CyberKuro]

I don't think that the volatility of Bitcoin is normal, what I mean about that is Bitcoin as of now a 150$ change in price daily is about 18-23% price change depending on where you count it on. But that kind of price change cannot be defined as normal, we can translate it to that traders are still being indecisive with how Bitcoin's trend is going. What I mean is people are still on the verge of identifying the trend yet.

It's a good percentage if bitcoin price increase, 23% is a big funds invested and vice versa when people cash out.
This week shows that bitcoin has increase over 10% from around $2400 to $2750, but seems a little bit decrease again.
It is a normal day in bitcoin trading market as long as there is no any pump from whales and we stay in this area.

[Pattberry]

The price is really volatile and since it is trying to breach three thousand dollars i do expect these sort of jump in the price and that is what is happening in the market and expect the price to have a small correction and then return back and this keeps on for some time until we have another pump to breach new value.

[Wandika]

The price is really volatile and since it is trying to breach three thousand dollars i do expect these sort of jump in the price and that is what is happening in the market and expect the price to have a small correction and then return back and this keeps on for some time until we have another pump to breach new value.

Bitcoin price volatility is usual even in the past. The fast variation of price that ranging to 100-150$ is also happening before it reach a 2000$ price. So i don't see any abnormalities on price changes.

[TravelMug]

The price is really volatile and since it is trying to breach three thousand dollars i do expect these sort of jump in the price and that is what is happening in the market and expect the price to have a small correction and then return back and this keeps on for some time until we have another pump to breach new value.

Bitcoin price volatility is usual even in the past. The fast variation of price that ranging to 100-150$ is also happening before it reach a 2000$ price. So i don't see any abnormalities on price changes.

This price swings seems to be normal to me as well. I don't see any problem with it since the price is really unstable right now. It is trying to breach the $3000 but its good thing that some resistance to it are experience. Otherwise, it will be like a bubble again that is going to burst anytime soon. We just have to wait and observed and make the necessary adjustment.

[Bluengold341]

anyone knoww hat causes this volatility?

[slackcryptoz]

Considering the current price of bitcoin, volatility happening around the range of $100 to $150 is not​a big deal. Even with this some users panic and tend to sell all their bitcoins and feel bad once again on reaching the price from which it fell low.

[Farcoin12]

Bitcoin is definitely quite volatile at the moment. Rising and dropping around 150 dollars per day is definitely not ideal and hopefully the price starts to settle down soon. Otherwise, a lot of people might not invest as the price is quite scary.

[Kevin77]

Bitcoin is definitely quite volatile at the moment. Rising and dropping around 150 dollars per day is definitely not ideal and hopefully the price starts to settle down soon. Otherwise, a lot of people might not invest as the price is quite scary.

Not so volatile in my opinion. Yes, you cannot expect bitcoin to fluctuate some $10 to $25 ups and downs even when it is trading near $3000 ranges.

You need to consider percentage of change to mark volatile or not. A per bitstamp data, from today's open bitcoin has raised only 1.38%. It is most common for any trading asset. You must need above 20% changes to call highly volatile. In future when bitcoin will be trading above $10k prices levels, we are going to have daily movements of $500 ranges. So, get ready for that (still it may fall less than 5% change within a day).

[KingdomHearts]

You cannot call it all time average but average for the last quarter you can say. What I don’t understand is, why is so many people happy over the steep rise ?

If you are buying and selling in bitcoins all your business stuffs as well as daily needs, its okay, but think of situations where we are paid in btc but the next hour the price drops and from where you buy is flat, so no change - you end up for a loss!

[Skarner21]

Not steady but increase gradually we are seeing the price right now preev price is $2,823 and i think it can stay for long time at this price..
Hopefully we are still in good price like other said its not an average and i think it takes few weeks again that we can see a price increase or the price can increase fast again..

[tigershark]

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Correct, there will continue to be fluctuation in bitcoin price because bitcoin is still not stable yet. Until it goes more mainstream, the price will bounce around.

[jc89]

I'll give you that one. Bitcoin's volatility had become so normal and people does not care anymore. But to those who uses bitcoin as a mode of payment, this volatility just seems not right. If Bitcoin will behave like a currency, more stability is needed and with this excessive jumps within a day is just too much. It might take a long while before Bitcoin will behave like a real currency.

[Amadues]

just expect that btw, so far it's remained steady around 2750 btc

$150 would be about 5.4% daily, which is not a lot at all for Bitcoin as of recently. It can easily rise or fall by 2 or 3 times that amount in a matter of hours. Far too volatile.

Correct, there will continue to be fluctuation in bitcoin price because bitcoin is still not stable yet. Until it goes more mainstream, the price will bounce around.

Bitcoin price is rising slowly but steadily. Price pattern on bitcoin market suggests that buyers are eager to get back in the game The uptrend on the 1-week time frame is still holding and technical indicators are signaling that another move north is in the cards.So, i  can say it may have completed a correction pattern and could trade back towards $3000. Overall, it looks like the price is well supported on the downside, and buying dips near $1900 and $2200 might be considered. It is known as old but gold strategy: Buy and hold