PranDoW
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November 29, 2017, 12:03:34 AM |
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Its value is changeable because the crypto market is young and very easily amenable to speculation, and bitcoin itself acts as a gateway through which everything happens
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chrisrok
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Activity: 134
Merit: 12
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November 29, 2017, 11:12:19 PM |
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higher market volume leeds to shrinking volatility. The more liquid the market, the less the extreme market movements
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brainape
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November 29, 2017, 11:22:40 PM |
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Its just textbook supply and demand but just done in a very "unfriendly" way as it does not have a central bank controlling the price. Bitcoin is also made in such a way (decentralized) that whales can control the market significantly which also contributes to its volatility.
Bitcoin is the one which dumps little but pumps very hard and this is the reason why people are really after bitcoin. Bitcoin has increased in prices so much in this year and it is highly expected to touch 20,000 dollars. I don’t think so people are afraid of the volatile nature of bitcoin. People are highly attracted towards bitcoin just because of the volatile nature because it makes bitcoin increase in value off and on. You are right bitcoin become one of the most popular digital currency and people will love to invest in bitcoin that’s why bitcoin get a strong support from these people and become powerfull digital currency and after that bitcoin become volatile and price increases rapidly.
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Trivelius
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November 29, 2017, 11:26:06 PM |
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Its just textbook supply and demand but just done in a very "unfriendly" way as it does not have a central bank controlling the price. Bitcoin is also made in such a way (decentralized) that whales can control the market significantly which also contributes to its volatility.
Bitcoin is the one which dumps little but pumps very hard and this is the reason why people are really after bitcoin. Bitcoin has increased in prices so much in this year and it is highly expected to touch 20,000 dollars. I don’t think so people are afraid of the volatile nature of bitcoin. People are highly attracted towards bitcoin just because of the volatile nature because it makes bitcoin increase in value off and on. Its volatile because there is no consensus on how to prie a bitcoin. And the fact that half the folks that have traded bitcoin, absolutely suck at it Cheesy its more the investor maturity however, people react in this space on the slightest news. I am agreeing with you, bitcoin is that currency which becomes volatile because of people who like bitcoin and wish to invest in bitcoin; this is pretty simple when bitcoin have support and improving with the time then it must become volatile and spreading all over the world.
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lucy1215
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Activity: 105
Merit: 100
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December 01, 2017, 02:06:37 AM |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
The Value of Bitcoin is volatile is because it depends on the demand and supply. Right now a lot of investors are investing in bitcoin that's why the value goes even higher the demand is more than expected. We cannot control the volatility of the crypto market that would still depend on the investors who support the particular coins.
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slashz9
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December 01, 2017, 03:47:39 AM |
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you should be able to think in terms of investment I know you would think what if its value goes down when you've bought it, but that's where you should be able to estimate whether the price will go up when you buy it or down.kadang you lose sometimes you win it is common in the world of investment
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A Feeder
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December 01, 2017, 04:27:07 AM |
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It is because bitcoin is decentralized. If the demand of bitcoin increases, it is a huge factor because the change in value of btc is unpredictably aggressive.
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crustez00
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December 01, 2017, 06:17:26 AM |
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Bitcoin value is so volatile because the power of bitcoin is on the people who hold it or the people that have bitcoin. Will keep rising when the demand is high and the stock getting low. Will go down when demand getting low and the stock getting high. It's just a matter of when will the holder sell its coin or buy it. So, keep speculate m8. Because, we don't know when this coin will crash or keep going up. #CMIIW
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Rhaizan
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December 01, 2017, 07:03:13 AM |
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It is because bitcoin is decentralized. If the demand of bitcoin increases, it is a huge factor because the change in value of btc is unpredictably aggressive.
I think bitcoin value is volatile because its depends on the people around in crypto currency, those people who use bitcoin and those investors, i think that is reason why value of bitcoin is volatile.
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A.H.Rassel
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December 01, 2017, 07:26:40 AM |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin is decentralized everybody is allowed to claim and contribute to the cost increment or big player controlling Bitcoin I think
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EdenHazard
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Activity: 2674
Merit: 1048
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December 01, 2017, 07:42:52 AM |
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Bitcoin value is so volatile because the power of bitcoin is on the people who hold it or the people that have bitcoin. Will keep rising when the demand is high and the stock getting low. Will go down when demand getting low and the stock getting high. It's just a matter of when will the holder sell its coin or buy it. So, keep speculate m8. Because, we don't know when this coin will crash or keep going up. #CMIIW bitcoin are sure a completely financial freedom , those people who looking for that then bitcoin are the answer but again people wondering about the volatile , it is can not be manipulated , everything are run so natural , i mean nothing contrived here. that is the beauty of decentralized , you never know what will happened , and it seems fair enough.
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dx_twisted
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December 01, 2017, 09:37:10 AM |
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I do think that one reason of its volatility is due to the fact that people keep buying bitcoins for the sole purpose of investment and speculate that they will gain or earn huge profits and not use them as a digital currency. These buyers anticipate the future demand of BTC, and as long there is more demand in supplies, they will expect the fact that supply price will increase. However, these kind of buyers are easily affected by events or stories that might turn their decision upside down. Such as when there is a sudden crash of BTC price, instead of holding the coin, they will immediately sell them which is one of the main reason why BTC price increase or decrease gradually. If people will only use Bitcoins not as a digital commodity or asset, but for practical purposes, then there will be a stable price which might eliminate BTC's volatility characteristic.
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Sled
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December 01, 2017, 10:42:58 AM |
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Bitcoin value is so volatile because the power of bitcoin is on the people who hold it or the people that have bitcoin. Will keep rising when the demand is high and the stock getting low. Will go down when demand getting low and the stock getting high. It's just a matter of when will the holder sell its coin or buy it. So, keep speculate m8. Because, we don't know when this coin will crash or keep going up. #CMIIW bitcoin are sure a completely financial freedom , those people who looking for that then bitcoin are the answer but again people wondering about the volatile , it is can not be manipulated , everything are run so natural , i mean nothing contrived here. that is the beauty of decentralized , you never know what will happened , and it seems fair enough. Bitcoin is a really powerful cryptocurrrency or type of currency and it is one of the best that is available right now and we should have an investment in bitcoin so we cannot get left behind and we can get the benefits of bitcoin either short term or long term because in the future, bitcoin will cost more than what it is today and that is the best thing for the holders or investors that will invest now.
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0t3p0t
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December 01, 2017, 11:03:42 AM |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin's value is so volatile because of it's community investors come and go despite the FUD and hard forks Bitcoin remains standing and easily recovered on every down fall it made. The other factor maybe Altcoin's too dependent these days and the relationship of like a Bitcoin-Altcoin cycle traders did on the market make it's price move up and down so wild but what's interesting is that it still end up in another all time high or skyrocket so Bitcoin will still be the king of I think, all assets.
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bentong talong
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🚀🚀 ATHERO.IO 🚀🚀
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December 01, 2017, 11:43:54 AM |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
It is all because of the changes happening within the market and because the factor of supply and demand affects bitcoin's value the most. If most of the people will stop on demanding bitcoin, then there's surely a big chance that the value will fall while if the demand is high, the value will surely increase. We can also affect bitcoin's volatility for a bit by every action we do here so we should be careful on everything here.
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jaaeeeyyyy
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December 01, 2017, 12:00:50 PM |
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Because the cryptocurrencies are ruled by the Demand and Supply law , higher demand tends to increase in price and decreases when supply is not enough. The market of crypto is like a glass full of water that tends to overflow when added (mined) , now every movement in cryptocurrency can affects to its value.
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awawo
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December 01, 2017, 12:58:30 PM |
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I think by now you will be regrating your action if you have not bought some bitcoin after you asked this question, every valuable assets from gold to real estate and bitcoin is always volitile due to the fact that the subject to change it their Chang in value comes from their market demand. As of today bitcoin price is way as high as $9523 and when you asked this question bitcoin price was around $5000 so calculate the gain you should have made if you bought bitcoin at that price. Life is all about risk taking.
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cexylikepie
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December 01, 2017, 04:23:34 PM |
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Bitcoin value is so volatile because the power of bitcoin is on the people who hold it or the people that have bitcoin. Will keep rising when the demand is high and the stock getting low. Will go down when demand getting low and the stock getting high. It's just a matter of when will the holder sell its coin or buy it. So, keep speculate m8. Because, we don't know when this coin will crash or keep going up. #CMIIW bitcoin are sure a completely financial freedom , those people who looking for that then bitcoin are the answer but again people wondering about the volatile , it is can not be manipulated , everything are run so natural , i mean nothing contrived here. that is the beauty of decentralized , you never know what will happened , and it seems fair enough. Bitcoin is a really powerful cryptocurrrency or type of currency and it is one of the best that is available right now and we should have an investment in bitcoin so we cannot get left behind and we can get the benefits of bitcoin either short term or long term because in the future, bitcoin will cost more than what it is today and that is the best thing for the holders or investors that will invest now. As far as I know, the first half of 2017 is the trend of cryptocurrency market, especially is the growth of altcoins market. There are too many altcoins pumped the price and passed the growth of Bitcoin in this year. However, the second half of 2017 is the trend of Bitcoin. But do you think this trend still exist in next year?
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bit1
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Activity: 938
Merit: 1000
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December 02, 2017, 05:09:00 AM |
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Because the cryptocurrencies are ruled by the Demand and Supply law , higher demand tends to increase in price and decreases when supply is not enough. The market of crypto is like a glass full of water that tends to overflow when added (mined) , now every movement in cryptocurrency can affects to its value.
In addition, we must not forget that the traders they are almost always trying to take advantage of market conditions to maximize their profits in the shortest possible time, also, The fact that the news circulates quickly through Internet they also sometimes cause prices to move very continuously going down then upwards depending on the veracity of the news is the result of those movements and its duration, another factor would also be that since it is a world market, some event somewhere stimulates growth or, on the contrary, a reduction in the prices.
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BossMacko
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December 03, 2017, 12:53:07 PM |
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I think the reason why it is volatile is because of the way how users use this coins, the one who is in control in the price of Bitcoin is its users especially those who are dumping and buying a lot of Bitcoin amount they can dump and pump the price of Bitcoin easily. Another reason why price is always going high is because Bitcoin supply is limited.
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