Why is Bitcoin Price So Fluctuating?

[Ewinsane]

Two reasons.

One, this is how traders make money, the move the price up and down so weak hands sell and lose their money.

Two, weak hands sell as soon as there is something which makes them afraid in crypto. It seems to be very easy to scare people and make them lose their money.

You are absolutely right in this regard. These two reasons have made the reality. And I must say this fluctuation have made the rise in business, otherwise nothing would be any of importance for this bitcoin.
Newcomers get panic and they just sell, getting more business to the whales and experts. Fluctuation is beauty and it is the source of fame.

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[bakgwei]

And that's exactly whatis hindering the long-term success of BTC IMHO. If the cracy fluctuations are here to stay, no bigger merchant would seroiusly think about adopting bitcoin (see the ongoin rumours about Amazon....).

[halisakal]

somebody asking how many coins are lost in the network?those coins which have not to return? it's possible to pull out of the global network ?

[HasHe]

We could see that bitcoin during some price dips,very soon after such dips,bitcoin price gets settled mostly in a new price greater than its previous high price.Almost 755 of the time,bitcoin price only increases and only during the rest of the time,its price falls.We enjoy the price increase most time and complaint about price fall which does not happen often.

Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.

Its the nature of bitcoin and nothing could be done to control it.

[Reid]

We could see that bitcoin during some price dips,very soon after such dips,bitcoin price gets settled mostly in a new price greater than its previous high price.Almost 755 of the time,bitcoin price only increases and only during the rest of the time,its price falls.We enjoy the price increase most time and complaint about price fall which does not happen often.

Its true that traders benefit most due to bitcoin's price fluctuations.But since,bitcoin is a decentralized currency,its volatility could not be controlled as its value increases and decreases in proportion to demand for it.

Its the nature of bitcoin and nothing could be done to control it.

Yes and in my own opinion I would rather see it fluctuating. Somehow I think of it like the heartbeat of bitcoin.
With it just staying in pne price it is like a dead currency. So shouldnt we celebrate for that?
The problem is most of the users just see the price decrease and will make a ruckus out of it. While when it is in surge they are silent.

[kriticko29]

Bitcoin trading is like stock market. The price is determined by many factor, One of those factors that helps us to determine if the price will go high or low is the bolinger bond. If you would study it, it teaches that the curves that is shown by different trading sites has its meanings. It has there are 6 methods that will determine whether the price will go high or low in total.

[noormcs5]

If bitcoin has no Fluctuating Price, then may be i was not a part of bitcoin community. I do trade with bitcoin, because bitcoin price is so fluctuating. May be it is not good for using bitcoin as a fiat currency, but it is useful and have benefits when we do trade and investment with bitcoin.

[LTCendmanagement]

No need to worry about fluctuating prices, that's how to play bitcoin. When all panic to sell, that's our chance to get bitcoin cheaply.

[Ayaancool]

Bitcoin is a commodity that is traded for goods, services and value produced.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. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price

[0t3p0t]

If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.

Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?

I am not an active trader or even doing trading but I don't think of like fluctuation of Bitcoin prices have become a daily complaint of Bitcoiners arround the world because that is where we get our profit. I know that traders only used Bitcoins to buy altcoins or tokens but I think it doesn't matter to them that BTC price will go down because it is also a good opportunity for them to buy more Bitcoins during price dip. I can actually see no disadvantages during ups and downs of prices because both gives us the opportunity to buy and sell crypto's which is actually traders daily routine.

[smartbitcoininvestor]

Compared to most stocks and Fiat currencies, Bitcoin is a global currency that anyone can access and utilize when they want.  I would say that there are a lot of buy and sell orders for Bitcoin compared to specific Fiat currencies. This means there's going to be a lot of volatility for Bitcoins and it will only increase as its popularity increases.

Depending on what the media says on a certain day or if a hard fork is coming soon the price can both dramatically be affected by Bull and Bear runs.

[magicmeyk]

If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.

Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?

For me, there are many factors that affect the rise and the fall of bitcoin price like demand and supply, influence of new or media, the government regulation and market manipulation.

[DoublerHunter]

If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.

Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?

For me, there are many factors that affect the rise and the fall of bitcoin price like demand and supply, influence of new or media, the government regulation and market manipulation.

The main reason for the fluctuations of bitcoin in price is the emotion of the people who have bitcoin. If they hear or saw something wrong in bitcoin then they will panic sell and they will just accept the loss and leave bitcoin and the opposite thing happen when there is a good news that they saw or heard. The price of bitcoin fluctuates too much because of the emotion which is the enemy of every investor.

[Ayaancool]

Bitcoin is a commodity that is traded for goods, services and value produced.Bitcoin’s value is dependent 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. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price.

[AjithBtc]

Price fluctuation is the common characteristics of the entire digital assets. The fluctuating feature needs to be used as an opportunity to multiply our investments. As we're very low in number we need a large capital volume into circulation which is impossible to be achieved. This makes the price to fluctuate.

[jakirtanvir]

Bitcoin is a commodity that is traded for goods, services and value produced.Bitcoin’s value is dependent 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. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
This often causes a difference between the buying and the selling price.

I totally agree with you but I think there is another answer that will make bitcoin like a hero, and that is everything has a passion and it is bitcoin’s passion.

[ghost424]

Bitcoin prices is fluctuating due to its buy and sell process. Bitcoin is one of the successful cryptocurrency that is ever created. The price of it in cash is really unbelievable which is surreal. The price of bitcoin is still fluctuating because there are times that there are many sellers and few buyers. Sometimes, there are many buyers but some of them only horde the bitcoin to wait for the price to go up. It maybe also because of the mining process of bitcoin which is hard so you have to get a high reward for mining bitcoins. I guess this fluctuation of the price is a positive effect because that means bitcoin is really valuable and won't die any time soon.

[tengek37]

so when there is a good or bad news it will affect the market players to take a sell or buy position, and when the market players do the action then it will affect the next market price movement, it will apply continu and that is what makes the price of bitcoin fluctuate

[tengek37]

If you are an active trader in the world of digital currency and indeed take advantage of extreme price movements Bitcoin to seek profit, Bitcoin prices are fluctuating, of course, brings its own happiness. But it's different if you use Bitcoin as cash or fiat money. If you redeem your one million Bitcoin and intend to spend it on an online site, you certainly do not want your Bitcoin value to decrease as Bitcoin prices suddenly drop. Bitcoin you have now cannot pay for the Hard Disk 1 Terra you want and eventually, you have to buy extra Bitcoin to cover up the shortcomings.

Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. Actually what factors affect the rise and fall of Bitcoin prices?

For me, there are many factors that affect the rise and the fall of bitcoin price like demand and supply, influence of new or media, the government regulation and market manipulation.

I agree with your opinion because the bitcoin market is no different from the regular market where it also applies the law of demand and supply where when demand is high and inventory is little then the price will rise, and inverted when the supply of lots and demand is the least market behavior that makes bitcoin prices fluctuate .

[Jedzkie050617]

Bitcoin price fluctuating because there is no consistency of the traders or investors in the world of crypto currencies which makes them also to have profit. Bitcoin is just like the subject on the economics that also applying the law of supply and demand in the society. Also, it fluctuates due to the rumors around the social media that might be down instead of going up its value.