Bitcoin pricing

[ParveZ219]

Why the price of bitcoin is changing quite fast....Why so?

[aoihs00]

The one reason that I know for sure is two hard forks coming on the way.

So what about them ? Well, hard fork is great opportunity for the investors to earn those extra free coins generated as result of hard forks. You call it free because you get it credited for the amount of equivalent to your bitcoin holdings at the time of hard fork.

This way forks are actually driving huge investment into bitcoin, because don’t forget people want more free coins hence more investment, plus there is no extra charge and whatever you invest into bitcoin can be withdrawn.

The net result is increased market value for bitcoin due to heavy demand of it and the limited supply really. That’s the one reason for sure.

[intelligent.investor]

Why the price of bitcoin is changing quite fast....Why so?

Cryptocurrencies are the only thing that's traded 24/7 worldwide which make the price changes so fast.....whether up down or sideways.

[akram143]

Why the price of bitcoin is changing quite fast....Why so?

I think that rapid increase in the bitcoin price is due to the increase in demand for bitcoin world wide,i am seeing that many countries are started to accepting bitcoins by legalizing them in their country.Which allows more pepole to invest on bitcoin that is causing the main reasoin.

[salterious]

Why the price of bitcoin is changing quite fast....Why so?

Because there are 000s of people coming into bitcoin everyday but only so many bitcoin created everyday. This puts pressure on price and whatever way the market sentiment is that is why the price changes fast either way.

[13abyknight]

A simple answer would be the factors of supply and demand which makes the price of Bitcoin fluctuate like an oscillating object with no particularly set lower or upper limits. With that being said, we are nearing the maximum supply pool rapidly and with the ever increasing demand for Bitcoin, the price keeps rising till any external factors influence it and temporarily hinder its progress.

[Bitcoins Network]

Bitcoin is taking over the financial world  
I wonder when they will make it illegal, because the banks are but-hurt for loosing money.  

[LightFork]

Not very high liquidity, and therefore not very effective pricing. Therefore, such a course jumps. Plus a complete separation from any tangible assets.

[Kurokyy]

Why the price of bitcoin is changing quite fast....Why so?

It depends on the trading volume and we all know that bitcoin is being traded worldwide. Changing of bitcoin price is not new if you are a long time bitcoin hodler. The demand of bitcoin worldwide is rising so fast that is why bitcoin is keep increasing

[hase0278]

Why the price of bitcoin is changing quite fast....Why so?

There are a lot of things going on around bitcoin which is causing the price changes but mainly btc price changes fast because people reacts on it postively or negatively and they buy and sell and the one with the most pressure happens. when buy pressure is more than sell, it will pump and when sell pressure is more than buy, then it will dump, after all bitcoin is running in the free market and daily exchanging of it from fiat to btc and vice versa causes volatility.

[pugman]

Why the price of bitcoin is changing quite fast....Why so?

Many reasons for it. Like the upcoming fork and CMC group of trading is going to list bitcoin on their stock exchange in the future for trading. So much hype is present in the market now and I wonder what will be the state of the market after the fork. After a few weeks, let  stable and then you might not be that suprised, volatility ratio is too high now.

[BTCLovingDude]

they keep posting this following chart over and over here but nobody pays any attention to the chart itself but the peak!



you see this chart is very valuable. it has lots of information on it but it is always misinterpreted.
as you can see on the chart, in the initial phase or the stealth phase the rate of rising is pretty slow. the smart money is in or rather the early risk takers.
the second phase in which the adoption has grown bigger the rate increases a lot more. since bitcoin is global and a lot of different  countries are in the world some in phase 2 some in phase 3 i say we are somewhere between theses two phases where the adoption has grown quite a bit so the price rise is much faster than before but since there are still lots of "lack of awareness" we are still in the start of the fast rise and not yet reached the peak.

it may probably be a couple more years before we reach the end of 3rd phase and start the "Blow off phase".

[LightFork]

they keep posting this following chart over and over here but nobody pays any attention to the chart itself but the peak!
you see this chart is very valuable. it has lots of information on it but it is always misinterpreted.
as you can see on the chart, in the initial phase or the stealth phase the rate of rising is pretty slow. the smart money is in or rather the early risk takers.
the second phase in which the adoption has grown bigger the rate increases a lot more. since bitcoin is global and a lot of different  countries are in the world some in phase 2 some in phase 3 i say we are somewhere between theses two phases where the adoption has grown quite a bit so the price rise is much faster than before but since there are still lots of "lack of awareness" we are still in the start of the fast rise and not yet reached the peak.

it may probably be a couple more years before we reach the end of 3rd phase and start the "Blow off phase".

This picture was drawn in the pre-digital, pre-online world. Now the information (and actions like purchases / sales) spread instantly. It seems to me that in most countries (namely those that play a key role) we have the stage of a "new paradigm". A lot of housewives have already invested in bitcoin, news about bitcoin, its price, hard forks etc. is already part of the mainstream.
So we are preparing for a collapse 

[buwaytress]

you see this chart is very valuable. it has lots of information on it but it is always misinterpreted.
as you can see on the chart, in the initial phase or the stealth phase the rate of rising is pretty slow. the smart money is in or rather the early risk takers.
the second phase in which the adoption has grown bigger the rate increases a lot more. since bitcoin is global and a lot of different  countries are in the world some in phase 2 some in phase 3 i say we are somewhere between theses two phases where the adoption has grown quite a bit so the price rise is much faster than before but since there are still lots of "lack of awareness" we are still in the start of the fast rise and not yet reached the peak.

it may probably be a couple more years before we reach the end of 3rd phase and start the "Blow off phase".

Except that Bitcoin has been compared using technical analyses in the past, and has more often than not beaten or failed to live up to market convention. Of course, over the long term (pre-trade market til now), we've already seen some charts that look vaguely accurate. But that's only looking at Bitcoin price as a commodity/digital asset.

Take almost any other crypto and you'll see wild variations. The differences here are in Bitcoin use and adoption, which surely affect the curves on that graph. As users and adopters start using Bitcoin less to trade and more to practical payment use, I predict a much softer downwards curve slowly approaching, and then following the mean.

If there were a blow off phase, I'd actually expect it next year.

[BillCoin]

It all depends on Demand and supply.

Because bitcoin has been surging up high at the past month(has been raising about 50% more) , it makes the market more unstable, which makes the price even get crazier.

Bitcoin is a new asset, the world still does not know how to value it, how much to sell it for or how much to pay for it, which also a reason why the price is so unstable.

I believe that in few years the bitcoin price will be much more stable.

[Asrael999]

We are not even properly into phase 2 of that chart. Only a minor amount of smart money has entered the ecosystem, and to much of that has gone into rent seeking applications rather than the protocol because VCs for the most part do t see that the value is in the protocol (not coinbase,bitpay etc).
The mania bubble where even your mum wants to buy Bitcoin is not here yet. When my non techie/finance/media friends are thinking about buying bitcoin (ie the teachers and the nurses) that’s when I’ll count us in stage 3.

[asriloni]

It all depends on Demand and supply.

Because bitcoin has been surging up high at the past month(has been raising about 50% more) , it makes the market more unstable, which makes the price even get crazier.

Bitcoin is a new asset, the world still does not know how to value it, how much to sell it for or how much to pay for it, which also a reason why the price is so unstable.

I believe that in few years the bitcoin price will be much more stable.

The important thing about the bitcoin was decentralized coin and the price will be appearing caused by the demand and supply. It was different with fiat currency as the regulator already made the fixed price for that.
The jump and down of the bitcoin price gives a real proof about that

[jossiel]

Why the price of bitcoin is changing quite fast....Why so?

You must be aware that bitcoin is so volatile that it can move faster than The flash. As your first time to experience the dip if I'm not mistaken with this regards to the stability of bitcoin.

Having an unstable price is what makes everyone to invest with it so that is really something that's explainable and it was quite fast because many are selling at the moment.

But once the price gets high again, that means many are buying now so the demand is getting high and makes the price up.

[Jating]

Why the price of bitcoin is changing quite fast....Why so?

This crazy will swing is really brought by the anticipation of Segwit2x. Just now I have seen bitcoin price below $7000 already. But the funny thing is the altcoins are also going red. This is a result of a lot of dumping in both bitcoins and altcoins. However, this price swings makes the trader happy because this is how this make profits to begin with. And for day traders, they are taking advantage of it. So as I have said there is a segwit2x activation in Nov. 16 so don't be surprise as all that this trend will continue up to the day of the actual segwit2x activation.

[Coffee135]

Why the price of bitcoin is changing quite fast....Why so?

This crazy will swing is really brought by the anticipation of Segwit2x. Just now I have seen bitcoin price below $7000 already. But the funny thing is the altcoins are also going red. This is a result of a lot of dumping in both bitcoins and altcoins. However, this price swings makes the trader happy because this is how this make profits to begin with. And for day traders, they are taking advantage of it. So as I have said there is a segwit2x activation in Nov. 16 so don't be surprise as all that this trend will continue up to the day of the actual segwit2x activation.

I think that in this situation, you need to keep your coins and do not twitch. Even if the price of bitcoin will decrease, this will not last long you can. All of us have an even supply of free coins. Capital is not going anywhere. He will move to altcoins. I don't care than to make money. It is a pity that bitcoin suffers not from an attack from the outside. He suffers from internal contradictions.