Bitcoin price fluctuation

[boyshx]

Price of any currency is determined by the flow of demand and supply. In traditional currencies supply get controlled by the central authority. So fluctuation remains in control. Bitcoin is a decentralised currency backed or regulated by no authority. So bitcoin price is determined by purely demand and supply. Bitcoin`s supply is restricted but its demand is ever growing that is why volatility is far more in bitcoin. This volatility increases bitcoin`s fluctuation. No one can control it.

[almtu]

Maybe because of the move of the world price market. Bit coin have its price up and down maybe it's all about the more demand to its low supply or low demand low supply. Always unstable movement of the price.

[zarados]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

Probably not. Bitcoin at it's core has a value determined by the investors and the users. With that, we know that there is no physical backing behind it. Because of that, it's hard to effectively price the coin. Bitcoin, I'd say is not really a bubble right now. For a bubble, I'd say that the price needs to be inflated. Right now, Bitcoin has been going down and I think a bubble has already burst. I doubt that we'll see a calmer Bitcoin in the near future

If any theory says that next year bitcoin will be calmer than before, I so want to see it. Because I understand, starting with the present, even bitcoin fluctuations will become more extreme than ever. There is about 20% bitcoin left to mine. And in 2 years, the coin reward will decrease from 12.5 to 6.25 coins. It all means it will be harder to get bitcoin and this is what triggers the price will continue to rise.

[AVAMONEY]

It's part of manipulation but i think bitcoin will not hit hard to the floor i mean bitcoin will not reach 0 but it will dump a 50% price and will bounce back to 250% or more that's a good price movement of bitcoin as of now we could see some good and bad news of bitcoin but currently the state of bitcoin is purely speculative to those who don't believe

I like optimistic thinking. It isn't about bubbles that have been burst or not, but purely about business. With so much bad news spreading FUD about bitcoin it seems the public is saturated to speculate to holding bitcoin at the moments. Although currently bitcoin is falling dip, it doesn't mean will died.
This is only the time when everything needs correction, sooner or later the price will go back and up to 200% even more. We will realize that the effort so far to develop bitcoin is not worth it.

[Capt00]

Up and down are very common in bitcoin, people are experiencing this since at the start and there is no wonder that it will happen repetitively. We accept the reality and we should always be preferred of what will happen to bitcoin as it will continue from its journey.

[ajmapalo22]

Bitcoin is a bubble!! That's what people say whenever there is a drop in bitcoib price didn't they realize that fluctuations is really what makes bitcoin popular and that every drop is a sign that a new high record will be expected. This is how the market needs to go through so that stability of bitcoin can be test in the end we still celebratr because the value will still end up appreciating

[superjeyy]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

Probably not. Bitcoin at it's core has a value determined by the investors and the users. With that, we know that there is no physical backing behind it. Because of that, it's hard to effectively price the coin. Bitcoin, I'd say is not really a bubble right now. For a bubble, I'd say that the price needs to be inflated. Right now, Bitcoin has been going down and I think a bubble has already burst. I doubt that we'll see a calmer Bitcoin in the near future

I couldn't agree more with player514. Bitcoin is Bitcoin because of its volatility. You cannot avoid its flactuations due to the fact that its already established in its nature to be so. If proper usage was to be imposed towards Bitcoin where people would use it wisely and not damage its balance, then most probably its volatility would be somehow controlled. With regards to Bitcoin being a bubble, it can be seen that it has a certain trend that can be affected by different factors. If it was a bubble, then it should'nt be recovering after it just bursted.

[cizatext]

The have been an increased trend by speculator's and that has greatly influence the price of bitcoin in recent time, the fluctuations in bitcoin price in the exchange market is part of the nature of bitcoin. that is what make bitcoin volatile, infact volatility is the spices in cryptocurrencies market when the price goes down people sell and buyers buy in cheap price and when the price goes up they sell and make gain in that way now investors come into bitcoin. I believe after this holiday period the price of bitcoin will go up to 250% again.

[brontosaurus]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

Bitcoin is still a very young currency. It still has to reach a lot of people around the world. This means that people will be willing to buy it at any cost. This is what leads to bitcoin Volatility. Moreover the unregulated aspect of cryptos makes the situation even worse. I think once it reaches to a big mass people buy bitcoin it will stabilize a lot. There is nothing like bubble burst currently.

[chimcoin]

Yes! I agred with you, and also,the price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that bitcoins have a controlled supply whereby the total number of bitcoins in circulation must never be more than 21 million. Due to the limited supply, there are speculations that the bitcoin price will continue to rise with time.

[worle1bm]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I agree with you that at current the prices are really going down and many hodlers are getting panic and selling their coins which is contributing to the dump situation but beleive me the prices are really going to surge with great bumps and increase by almost 100-200% when the situation get under control and this is just price manipulation to make price dips but this gonna over soon so have faith in power of btc

[jossiel]

Okay again with this bubble.

Let's assume that bubble has already burst,people that are thinking that it isn't popping yet. Do you realize that bitcoin has fell down at $19,000 - $12,000.

Every time everyone saying it is a bubble and every time those are wring. Will see you when price moves above 20k mark next year 

Yes we'll see the price of bitcoin hitting $20,000 next year or I say starting tomorrow since this year is about to end.

People who are against to bitcoin or for sure they haven't bought it yet when the price is on dip or they did sold it lately and saw it increasing.

Keep on calling it bubble while all of us who are riding it will enjoy this journey.

[vintages]

Its a normal thing for the price of bitcoin to keeps on fluctuating. I think its part of its characteristics and shouldn't worry us. And I believe that this price are been manipulate by some whale investors. They all know what they are doing, more reason why some upcoming traders and investor, look up to them for direction and trust whichever prediction they make.  Just bear in mind that, no matter how fluctuating the price may be, it can never run down to a $500 or so.

[Baofeng]

Its a normal thing for the price of bitcoin to keeps on fluctuating. I think its part of its characteristics and shouldn't worry us. And I believe that this price are been manipulate by some whale investors. They all know what they are doing, more reason why some upcoming traders and investor, look up to them for direction and trust whichever prediction they make.  Just bear in mind that, no matter how fluctuating the price may be, it can never run down to a $500 or so.

As much as whales are doing some manipulations and as fraudulent as it is, we can't do anything because the market is based on pure speculations. This is only the main reason why those why some people hates bitcoin. But for me, its part of the game. Fluctuations due to them are real, its up to us how to deal with it.

However, manipulators can also turn the tide of bitcoin in a positive way. So it can go either way, the price can go down or the price can increase because of them. Its up to us how to deal and face the challenge in order to make a profit out of this price fluctuations.

[goaldigger]

I think the main reason of its fluctuation is the holidays. Maybe somw time after , this month lf january, it can get into bubble again but no one is sure about that. I am hoping and still beleiving that bitcoin is still profitable even when you invest now.

[Sexie]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

.                I think just normal in every business like this to decline Its Value for a purpose , to give  an opportunity for those who wants to invest Bitcoin  by buying more or collecting more bitcoins, for them to have chance of selling them when the price increases. Although Its bad News for those who  wants to sell their  bitcoins immediately. These people need to be patient, they can keep their bitcoins for a while then let Go or sell them too when it increases Bitcoin price.

[miyaka26]

I think the main reason of its fluctuation is the holidays. Maybe somw time after , this month lf january, it can get into bubble again but no one is sure about that. I am hoping and still beleiving that bitcoin is still profitable even when you invest now.

Exactly it happens to bitcoin whenever there is a season or holidays that people need to spend thus triggering them to cash out or a conversion to local fiat just to buy kinds of stuff or gifts, this December is Christmas and New Years Eve so expect people to draw some of their coins out of their wallet that would be the cause of the fluctuations and negative volatility of this coin, hope it will get recovered next year surpassing the 20k stage of price

[v3liana]

yes something where fishy from the start. its weird i dont think bitcoin deserve this value. its been too high from the start and dont know why people keep pushing the value. its like a ponzi scheme and it will pop out. just try searh abouy tulip fever , its quite popular story about bubble investment.

[jaysabi]

Okay again with this bubble.

Let's assume that bubble has already burst,people that are thinking that it isn't popping yet. Do you realize that bitcoin has fell down at $19,000 - $12,000.

That's not a bubble bursting, that's just a correction of an overvalued asset. I'm not aware of a technical definition of a burst bubble, but I would argue that anything that hasn't lost at least 75% of its value in a short period of time is not a burst bubble. I would say that the bubble on Bitcoin hasn't burst until it's below $5,000, and it might even have to be lower than that considering it it started the 2017 year far lower than that (about $1000). So a "burst" of the bubble down to $5000 would still be a 5x increase on the price in the past year.

[choppork]

Will bitcoin price ever cease to fluctuate so hard? I mean currently it seems as if it's fluctuating just because of the trends among people who believe that investing into bitcoin, given some time, is 100% profit. But what if the so called bubble would burst, shouldn't the price get more stable?

I would expect it to grow even more in the future because as more people are coming in, the more people are joining the "herd". It's not like a price dump and a price bump is controlled only by whales. They dump and then the herd is going to follow them. It's like their actions are going to followed by the sheeps of crypto. More players would mean that there would be more people trying to manipulate the market and there will be more whales in the future. Keep in mind that the mafias aren't in the game anymore as well as the government. It's only a couple of rich people are in the game yet so I would actually keep my faith tight on bitcoin's future.

When the "Bubble" has burst, the price would actually go down to nothing (or almost nothing) or really really low but that doesn't still mean that the price would get stable. This market is built by supply and demand and that will never become stable.