Why is BTC fluctuating SO MUCH?

[boyshx]

Generally all currencies are volatile in nature. Bitcoin is a decentralised digital currency. It operates only on peer to peer exchange system. Bitcoin`s supply was restricted at time of its creation. Bitcoin`s growing price is attracting more and more investors towards it. This growing demand and restricted supply is making bitcoin currency more and more volatile. Traditional currencies are centralised in nature, their supply is controlled by their regulators, due to which they have less fluctuations. Bitcoin has no central authority; its price is controlled only by flow of demand and supply, that is why it fluctuates a lot.

[yamte23]

Eversince bitcoin started, its nature characteristics is that it is very volatile and it price is changing from yime to time. And we are aware of it for sure. There are many predictions this year that the price of bitcoin will rise to 60K$.

[JMD07]

Fluctuating is a results of a movement from both sides the seller and the buyer. A supply and demand equation.
The more people will going to buy the price will surely increases as the supply will getting fewer.
Nobody knows if someone is controlling on that price. Or just a many small panic investors dumps there coins at the same time.

[yojodojo21]

Bitcoin is fluctuating because of forks and one thing for sure is because of it's volatility, it goes up and down .if it doesn't flucutuate then there is a problem to be addressed. It's a roller coaster to somebody who thinks that bitcoin is just a game, but it's not. It's all natural mate. It's the same roller coaster as other coin goes up and down but different in value.

[khaled0111]

Bitcoin charts look like a rollercoaster due to price fluctuation, the Bitcoin community is not big enough to determine a more stable price threshold.

Those who believ in Bitcoin will ask for higher price while new users bids will be easily affected by rumors and what media says.
In less than one year Bitcoin price changed from 1k$ to 19k$ which made people confused, some of them started selling to enjoy their profits while others believe that it will be more expensive.
 

[tripleblack]

Generally all currencies are volatile in nature. Bitcoin is a decentralised digital currency. It operates only on peer to peer exchange system. Bitcoin`s supply was restricted at time of its creation. Bitcoin`s growing price is attracting more and more investors towards it. This growing demand and restricted supply is making bitcoin currency more and more volatile. Traditional currencies are centralised in nature, their supply is controlled by their regulators, due to which they have less fluctuations. Bitcoin has no central authority; its price is controlled only by flow of demand and supply, that is why it fluctuates a lot.

Are you seriously comparing fiat volatility to bitcoin volatility? Lol. They're incomparable. It's mountain vs. molehill.

[RamonBTC]

It's a rollercoaster???

It’s more likely because of uncertainty and continuous bad propaganda against bitcoin. Then it was holiday season at that time, more investors withdraw they’re money for auditing purposes or for giving and spending for family celebration. I do that and I’m one of millions bitcoin investors who might done the same without hesitation. It’s time to share and give to those who badly need some love and happiness like our family.

[blockman]

Are you seriously comparing fiat volatility to bitcoin volatility? Lol. They're incomparable. It's mountain vs. molehill.

It's also like comparing oranges to apples. 

Bitcoin has been moving like this even before, years ago when you'll check out the charts and how much bitcoin is way back 3-5 years ago. And there is almost the same movement from those charts to the current one that we are with.

[loaddebitcard]

It's fluctuating due to speculations on the market. Also Bitcoin is dependent on media. If there are news about something happening in cryptoworld bitcoin immediately reacts by jumping up or down. So, it's normal. Calm down and trade wisely.

[LogitechMouse]

Its not only the bitcoin but all of the coins have this volatility nature and we can't do anything about it. Its fluctuating because of the news that are spreading online, and the FUDs .

[Bellator]

Generally all currencies are volatile in nature. Bitcoin is a decentralised digital currency. It operates only on peer to peer exchange system. Bitcoin`s supply was restricted at time of its creation. Bitcoin`s growing price is attracting more and more investors towards it. This growing demand and restricted supply is making bitcoin currency more and more volatile. Traditional currencies are centralised in nature, their supply is controlled by their regulators, due to which they have less fluctuations. Bitcoin has no central authority; its price is controlled only by flow of demand and supply, that is why it fluctuates a lot.

Let's think it as a whole and if we talk about the volatility of a digital currency, well that's due to the movement of the supply and demand in the market. That's right the supply was being controlled so that it will serve those who wanted more trades in daily basis or in long term holdings set. Fluctuations always happens not just with bitcoin but also the other crypto currencies like those altcoins.

[QuestionAuthority]

If you want the real answer look at this thread: https://bitcointalk.org/index.php?topic=2705112.msg27687907#msg27687907

[Wolfbear]

because big bosses play with course

[Granxis]

I think that with the year 2018 Bitcoin's volatility started to decline, a currency that increased by $ 3,000 to $ 4,000 a day. But now it seems to be playing a price of 1000-500 dollars a day. This will increase further, meaning that the price of Bitcoin will become more stable because new investors are coming.

[AjithBtc]

Bitcoin doesn't seems to be must fluctuating in nature, at time the fluctuations happen with large variation in the upward and downward direction. Right now not only bitcoin, majority of the altcoins too were going down in value. Even the ethereum which has been growing good keeps getting lowered.

[Thecryptocurrency09]

It's a rollercoaster???

Once you have enter the bitcoin world expect a move of a fly and a slow like really a literal roller coaster. There are some cases where it almost act like a bumper car who actually pauses and move. A carnival themed place would really dp to its value. So if you got weak heart who easily quit then your not good with it. Later on you'll get use to it and all the rides will be an itssy bitsy.

[smith136]

Simply because of its limited supply and infinite demand from the community or I should say throughout the planet which makes bitcoin very volatile, actually reading information and analysis through the internet is the best way to learn about cryptocurrency

[cryptopuma]

Because more and more investors are coming in to support and use cryptocurrencies.

[rosepetals]

It's a rollercoaster???

Btc fluctuates because of the huge interest of the people knowing that bitcoin is a good source of being wealthy as early adopters experiencing now they are all millionaires.Most people nowadays tend to take risk in investing through bitcoin because they believe that bitcoin is very capable of making high profit.So as popularity grow more and be known in the world increase of demand in the market also increases while there were less supplies that make its price fluctuating.If bitcoin would be widely known to the entire world possibilities would be price will reach to the highest peak.

[madwica]

Because more and more investors are coming in to support and use cryptocurrencies.

Yes, the law of demand and supplies makes bitcoin value fluctuates, no one can control crypto currency that is why it always depend on the demand in the market, continuous adoption by many countries makes bitcoin value increasing and the popularization of bitcoin would help bitcoin life much stronger.