Swanh
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April 26, 2018, 01:18:48 PM |
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by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
2017 has the highest votality in history as i can see where it skyrocketed in a short period of time.Although votality is always been apart of cryptocurrencies concept,there is a time where bitcoin has its highest demand..and those previous year had proven its worth of existence.The year had just started and we can't predict what will happen in the future of crypto most specifically these year. |
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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michellee
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April 26, 2018, 01:45:29 PM |
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by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
2017 has the highest votality in history as i can see where it skyrocketed in a short period of time.Although votality is always been apart of cryptocurrencies concept,there is a time where bitcoin has its highest demand..and those previous year had proven its worth of existence.The year had just started and we can't predict what will happen in the future of crypto most specifically these year. I think not just 2017 that has the highest volatility but in this year, every coin has the highest volatility too because if we analyze the price of each coin, it shows to us that the price is going down too deep without knowing when the price will back to the stable price. we make much analysis and many of us have to get lost because of this volatility. the price cannot predictable in this year but in this month, the price is trying to back the stable price first. |
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campbell.box
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April 26, 2018, 04:10:36 PM |
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The price of BTC is affected by supply and demand!
In 2108, the block chain technology developed rapidly around the world, and as the most successful application of the blockchain, BTC must be popular, and the price went up!
More and more people know BTC, BTC increase popularity, the price will go up!
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fcklife
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The Exchange for EOS Community
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April 26, 2018, 04:35:37 PM |
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yes ofcourse! that is the main reason why there are lots of investors eyieng on bitcoin.
high volatily means higher chances of gaining wealth in less period of time.
better ride with the waves! aloha!
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Gecko8
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April 26, 2018, 05:33:40 PM |
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I also believe it will continue to be more volatile, as big Investors are playing their games. Only with those big changes they can make real Money. The small Investors like us can only watch it, as we do not have this power to influence the market in such a way.
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megamanexe002
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April 26, 2018, 06:34:47 PM |
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by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
Yes of course because the price will increase and most of the greedy traders will sell their coins so we can expect a volatile market this 2018 since everyone really wants to earn more profit. |
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richardsNY
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April 26, 2018, 07:52:52 PM |
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The small Investors like us can only watch it, as we do not have this power to influence the market in such a way.
The main point of importance is that you shouldn't want to influence the market in any way, especially so when you take into consideration that whales doing it already for you. The only thing you as trader have to do is pick up on their manipulation and let it work in your advantage. It's basically free manipulation for you. Even if you only manage to slightly benefit from that manipulation you'll be making a decent chunk of change. It's just a matter of analyzing the market constantly, but it requires a lot of your time. In other words, you don't have to watch. It all depends on your experience and will to take advantage of these more than profitable situations. If not, then that's fine too, but accept that holding is pretty much the only option left at that specific moment. |
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Argoo
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#SWGT PRE-SALE IS LIVE
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April 26, 2018, 07:57:03 PM |
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If the price of bitcoin increases with time, the degree of its volatility will also grow. Indeed, while we can say that bitcoin will always be subject to volatility, this is its immense quality. Investing in bitcoin will represent an increased risk when its price increases very much. Then the manifestation of its high volatility and a sharp decline in its rate can lead to panic, and this, in turn, can actually lead to its depreciation.
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weblaraveluser
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April 26, 2018, 08:15:35 PM |
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by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
In my own opinion, volatility is the only reason why people is keep on investing in cryptocurrency, there are a lot of people who are interested on investing because the market price is increasing depending on the season that's why bitcoins is very profitable. |
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Casinoextreme
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April 26, 2018, 08:18:44 PM |
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I rekkon we will see an high of around 11.5k before we go down and hit lower levels again. Yes there is a lot more to come in 2018 when it comes to price action
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Ingoats
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April 26, 2018, 08:22:16 PM |
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It seems to be true given that the largest market value reached by bitcoin last year fell down into more than half, due to the continuous backdrops at the beginning of this year. The market value of bitcoin is struggling at this moment at above 8000 usd. Since there are still 7 months remaing, I am hoping that things will somehow be different for this year.
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BUK2016
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April 26, 2018, 08:24:51 PM |
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One cannot completely say that the volatility of bitcoin will stop as that had been the driver of profit to investors in the crypto currency community. And who knows whether the volatility that before end of this year will be more as compared to what we experienced last year.
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dynospytan
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April 26, 2018, 08:46:32 PM
Last edit: April 26, 2018, 10:22:55 PM by dynospytan |
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by David Drake
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.
Actually, it is hard to determine its future behavior but if we continue to support the crypto then there is a bigger chance that it will increase its value. As of these moment, we can see that its value is stable and it is slowly keep increasing. This is a sign that it is starting to recover from being down. This year it is expected that it will be 3x higher compared to last year peak value. Also bad publicity about bitcoin by banks also contributes to its Volatility. The Volatility of Bitcoin cannot be determined or ascertain by predictions, but the volatility will allow new investors to be able to access the coin when the price is at the dip,and investors also to hold and also to have vast knowledge about bitcoin and its Volatility. |
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patt0
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April 26, 2018, 08:59:19 PM |
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I have no idea if it will be more volatile or not, and I guess no one can tell you that, but I do believe it will be very volatile just like the past years. Bitcoin will only stop being volatile once it guess mass adoption, and I'm afraid we are still a long way from that. Of course that regulation could help things a bit, but since we are in a free market, and BTC is always ruled by supply and demand, if the markets are thin, it will always be very volatile, because there are a lot of people with money playing with it.
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Elseye
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ApolloX
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April 26, 2018, 09:01:22 PM |
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100% yes. It may be the year of the biggest crypto growth ever, it being extremely volatile since the beginning of the year, I should say.
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macit
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April 26, 2018, 09:09:49 PM |
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I definitely think that in 2018, you will have more volatility, I support this idea by looking at the change in previous years  |
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CryptoMauren
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April 30, 2018, 11:00:38 AM |
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Bitcoin prices in 2018 have been marked by the volatility that has made bitcoin price forecasts in the short term a bit of a challenge, even for experienced analysts. So, if you are thinking of investing in cryptocurrency, it is important for you to understand that volatility persists here. You need to understand that if you invest in an increased assessment, you run the risk of suffering losses in a shorter period of time. However, if you are thinking of holding Bitcoin for a longer period of time, you will have no problems at all.
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tylerderden
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April 30, 2018, 01:06:24 PM |
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Bitcoin prices in 2018 have been marked by the volatility that has made bitcoin price forecasts in the short term a bit of a challenge, even for experienced analysts. So, if you are thinking of investing in cryptocurrency, it is important for you to understand that volatility persists here. You need to understand that if you invest in an increased assessment, you run the risk of suffering losses in a shorter period of time. However, if you are thinking of holding Bitcoin for a longer period of time, you will have no problems at all.
Bitcoin's price is very volatile.It depends on the forces of demand and supply.Bitcoin's demand is increasing like earlier and therefore I guess the volatility will also increase.Many people are investing in bitcoin as the prices are increasing.So if more will invest then definitely volatility will be there.People also hold their bitcoins which also contributes to the volatility of bitcoin's price.It is the number one cryptocurrency and will grow more in 2018. |
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Starscream
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May 03, 2018, 07:34:46 AM |
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I think this year the bitcoin's price in it's lowest figure, as it has never been before.
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squog
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ANONYMOUS MOBILE PAYMENTS
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May 03, 2018, 07:41:08 AM |
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I think the worst is over. That insane dip was truly scary and i though I'd have to say goodbye to ny investments. But then again, as the market recovers now. I think the price will continue to rise with a few minor dips here and there. Unless another government will ban BTC and there wil be a surge of supply again i the market. But I'm confident that it will still recover and get stronger even from that.
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