Bitcoin pricing

[supto005]

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

Well, Day by day Bitcoin become more popular. As a my opinion I think By increasing bitcoin user the price of bitcoin changing quite fast.

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[timerland]

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

Supply and demand. Simple economics.

Right now a lot of new people are being introduced into bitcoin and this is the reason why the price has risen so much in the past few months, pretty much exponentially. Bitcoin is quite volatile because it is completely unregulated, no government will bail out bitcoin etc.

This volatility in my opinion just shows that bitcoin is independent to fiat, and can generate a lot of profits for you if you speculate right. For example right now BTC is down a bit, buying right now could easily prove to be a $500 profit per btc bought.

[justdimin]

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

To cope up with the coming fork that could lead the price to disastrous dumps and sudden drops because all this will make a lot of confusion occur in the markets with investors and miners to be seen as referees to decide their execution over the majority issues that are currently going on. I still believe that the current Bitcoin will dominate all these "alts" that are trying to take its place.

Bitcoin will surely dominate. The fact that it has lived through ages of threat, complications, attacks, and has still been able to survive has made people and users to trust more in leaving their funds in bitcoin than any altcoin which is a good thing. The support will keep growing as well as the volume and only alts with some good relevance or real life usage will be able to thrive at the long run.