BitcoinMarketer39
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April 02, 2018, 09:40:16 AM |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
Bitcoins is not stable and that is what's good in the market, that's why traders prefer on staying in the market because of its volatility that makes the cryptocurrency become very profitable. The supply and demand is affecting the current price as well and also fake news that makes people sell their coins immediately or invest even more. |
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heartwreck
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April 02, 2018, 09:49:43 AM |
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bitcoin is not stable, it always fluctuates
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bellakrstna
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April 02, 2018, 09:55:02 AM |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
No one knows when the market price is back to normal again. Because bitcoin is unstable and unpredictable when the price is high or low. |
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alexmuro
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April 02, 2018, 10:16:10 AM |
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Bitcoin can't be stable as ypu see the history of its price it is fast changing and you can't predict if the price goes up or goes low. Bitcoin price goes low because its supply and demand in the market get also low.
Yes, that is true mate. Bitcoin price cannot be stable because its market value changes every day due to its volatility aspect. Its market value depends on the supply and demand that changes also every now and then. The market price of bitcoin changes or going downtrend from 12KUSD to 7KUSD. |
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AVAMONEY
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April 02, 2018, 10:59:09 AM
Last edit: April 03, 2018, 07:05:36 AM by AVAMONEY |
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I seen some old trader experiences said that when BTC price range between 7k-8k are good stable signal, means it will have strong back support not to fall below $6k but can rally rise above 10k in Q2-Q3. I think the price will bounce back in few days later.
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Binugon
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April 02, 2018, 11:03:50 AM |
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Bitcoin and other cryptocurrencies has these huge fluctuations simply because the cryptocurrency markets are currently very volatile, and definitely quite easy to manipulate the prices if you have enough coins.
Is it stable? Well, I wouldn't call something that fluctuates between $16,000 and $12,000 "stable".
One factor is the presence of news that seems to frighten Bitcoin users including geopolitical events and statements by the government that Bitcoin is likely to be regulated. |
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tonylewisverdu
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April 02, 2018, 11:07:21 AM |
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not only bitcoin but all crypto in the market is high volatility.. that's why you need to deeply research about a project before investing..
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coinnumber
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April 02, 2018, 11:43:41 AM |
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As far as cryptocurrency is concerned there's no coin that is stable not only Bitcoin. Coin Market Cap changes every seconds and all the coin must dance to the tune of the Market Cap. That's why is always advisable to do more research before getting involved in anything like investing on project.
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Konthol Ngaceng
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April 02, 2018, 11:44:38 AM |
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Bitcoin will never be stable, prices will always fluctuate, let alone marketcap is currently dropping so that makes all users panic, if one day many governments or countries that legalize bitcoin then bitcoin can be more stable than now.
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LetsTalkMoneyxD
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April 02, 2018, 12:20:10 PM |
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I think bitcoin always deserve flactuations, cryptocurrency never stable, bitcoin is digital internet related cryptocurrency and it's also play other digital cryptocurrency rules.
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jakoylantern
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April 02, 2018, 01:39:53 PM |
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For me, bitcoin is not stable we all know that bitcoin’s price is not stable even in the first place. The reason for bitcoin’s fluctuating price is the demand for it in the market. Most of the bitcoin user’s trade their bitcoin, and in every minute bitcoin’s rate is changing, and most the changes are depending on the economic growth and news about bitcoin. If some establishment or big company announce that they will accept bitcoin as payment, the reaction of bitcoin’s cost will increase and if some influential person speaks out that they will prohibit bitcoin so the thing that will happen to bitcoin’s price will decrease or drop down.  |
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kynaz
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April 02, 2018, 01:56:35 PM |
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Bitcoin will never be stable, prices will always fluctuate, let alone marketcap is currently dropping so that makes all users panic, if one day many governments or countries that legalize bitcoin then bitcoin can be more stable than now.
I agree with you . If the world government legalizes Bitcoin, there will be a new revolution for this market as the demand for Bitcoin will increase drastically and we can trade freely without fear but I think this is far from happening because the world government hates Bitcoin because they can not tax |
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IamSaitama
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April 02, 2018, 02:12:32 PM |
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I think the question should be "Is bitcoin stable?". And the answer is it is not stable. The value of bitcoin could go up tomorrow for as high as USD19000 or could be as low as USD7000. It depends on the demand of the people who uses bitcoin. But it is not a bad thing for everybody who uses it. As long as individuals know and are knowledgeable about bitcoin and how bitcoin works, bitcoin being unstable would be a great advantage for us. People should also know when to invest in bitcoin and when not to. My piece of advice is you should invest bitcoin when its value is low. The lower its value gets the better. Because you could buy more bitcoins with a low and affordable price. Then wait for its value to go up again and watch your money grow effortlessly. Being patient is a key.
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SkustaClee
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April 02, 2018, 02:16:23 PM |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
The price of the bitcoin will not become stable. The bitcoin has the characteristics of volatility. It is normal to see the prices of the bitcoin that are always changing. The reason why there are fluctuations that are happening is because of the demand and supply in the cryptocurrency market. |
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bitzizzix
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April 02, 2018, 02:35:59 PM |
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For the current bitcoon price I think it is not a stable price because the price is very low, and the rise or fall of bitcoin is common and there is no stable price and everyone just expects bitcoin prices to rise high for big profits. So there is no dtabil price for bitcoin because bitcoin is just a constantly changing digital money
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fuer44
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April 02, 2018, 02:38:18 PM |
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unlikely to be stable. from the start, bitcoin is fluctuating and supply and demands are the main factors affecting bitcoin prices. only, bitcoin prices can last for some time and then change again. that's what I feel.
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marjil
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April 02, 2018, 02:42:02 PM |
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I think the question should be "Is bitcoin stable?". And the answer is it is not stable. The value of bitcoin could go up tomorrow for as high as USD19000 or could be as low as USD7000. It depends on the demand of the people who uses bitcoin. But it is not a bad thing for everybody who uses it. As long as individuals know and are knowledgeable about bitcoin and how bitcoin works, bitcoin being unstable would be a great advantage for us. People should also know when to invest in bitcoin and when not to. My piece of advice is you should invest bitcoin when its value is low. The lower its value gets the better. Because you could buy more bitcoins with a low and affordable price. Then wait for its value to go up again and watch your money grow effortlessly. Being patient is a key.
Good advice here and I hope the OP pays attention to it. The price of bitcoin does move quite a lot. For example it was $6300 earlier and now it is $6900 so it can go up $600 just like that. The important thing is, for the poster, to buy the dips. This is what we mean when we say buy at a good price. Buying at a low price means when it goes up you will make more money which is what the point is. |
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Suffoc8
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April 02, 2018, 02:46:35 PM |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
Bitcoin price is unstable and it is always changing time by time because of several factors that affecting it. Like for an example usually holders sell their bitcoin in a time that it have a big occassion such as the christmas and new year which is in 2017 on that time bitcoin reach its highest price 19000 USD, so we can say that the price of bitcoin is affected by the sell from market. |
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Cloak1
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April 02, 2018, 04:11:58 PM |
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No, it's not. Volatility is bitcoin nature, so it's difficult for bitcoin to have a stable price. The price of bitcoin can change drastically. The good or bad news can have tremendous effects on the price of Bitcoin, and other cryptocurrencies . Well, maybe the government can make a regulation which help to stabilize bitcoin.
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rejekiku
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April 02, 2018, 04:22:32 PM |
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Recently Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?
What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
fluctuations in cryptocurrency is normal. supply and demand will be affect it. |
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