Bitcoin Forum
April 28, 2024, 04:16:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > Speculation > Why does Bitcoin jump up and down?
Pages: « 1 [2]  All
« previous topic next topic »
  Print  
Author Topic: Why does Bitcoin jump up and down?  (Read 192 times)
NatYaros
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
January 11, 2018, 05:21:06 AM
 #21
It jumps because people wipe them out. If the crowd is more calm we could have more stable situation.
1714277787
Hero Member
*
Offline Offline

Posts: 1714277787

View Profile Personal Message (Offline)

Ignore
1714277787
1714277787
Reply with quote  #2
1714277787
Report to moderator
1714277787
Hero Member
*
Offline Offline

Posts: 1714277787

View Profile Personal Message (Offline)

Ignore
1714277787
1714277787
Reply with quote  #2
1714277787
Report to moderator
1714277787
Hero Member
*
Offline Offline

Posts: 1714277787

View Profile Personal Message (Offline)

Ignore
1714277787
1714277787
Reply with quote  #2
1714277787
Report to moderator
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714277787
Hero Member
*
Offline Offline

Posts: 1714277787

View Profile Personal Message (Offline)

Ignore
1714277787
1714277787
Reply with quote  #2
1714277787
Report to moderator
1714277787
Hero Member
*
Offline Offline

Posts: 1714277787

View Profile Personal Message (Offline)

Ignore
1714277787
1714277787
Reply with quote  #2
1714277787
Report to moderator
maxj57634
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
January 11, 2018, 06:11:48 AM
 #22
Quote from: TheBestEver on January 10, 2018, 09:12:27 PM
What things may influence ups and downs of Bitcoin?

There are many things or aspect that drastically changes the price of bitcoin in the market, but one common things that can attribute to it is the movement of whales, controlling vast numbers of account in different exchanges causing a chain effect, others panic at thing when they see a dip but others have some evil smile to it.

Quote from: TheBestEver on January 10, 2018, 09:12:27 PM
4. ....what else?...

Other than that the implementation of new technologies is also causing the price to change and dip at a not so alarming level, but if the technology has been added then the price of bitcoin will go up again.
Fippy
Full Member
***
Offline Offline

Activity: 252
Merit: 100

UNCLOAK™ - Cyber Threat Detection Powered by EOS™


View Profile
January 11, 2018, 07:19:42 AM
 #23
Isn'it very obvious? Because there is a lot of fud, and fomo over all the cryptocurrencies, not just on bitcoin.
Maybe if bitcoin starts going up, a lot of people decide to move to ethereum, and then it starts going down again. That is how it works.
▐▐▐ UNCLOAK™ - Cyber Threat Detection Powered by EOS™ ▌▌▌
┨PRE-SALE  : 25th MAY - 25th JUNE ▌MAIN-SALE: 26th JUNE - 03rd JULY┠
■ LinkedIn ■ Twitter ■ Facebook ■ Telegram ■ Medium ■ Reddit
TERA2
Full Member
***
Offline Offline

Activity: 266
Merit: 222


Deb Rah Von Doom


View Profile
January 11, 2018, 10:34:21 AM
 #24
Bitcoin grows fast but it also has investors that jump way head of the growth trend and inflate the price, leading to profit taking and a crash later. This happens in cycles inside of cycles inside of cycles - called price discovery.
60659 📦
owengtam09
Full Member
***
Offline Offline

Activity: 1330
Merit: 248



View Profile
January 11, 2018, 10:46:49 AM
 #25
There's a lot of us who made panic selling I think because bitcoin price now is getting low. I think that is the reason why bitcoin price is getting down right now. Then those who wants to invest with a low price, they think that this is the right time for them to buy bitcoin. Well it is our choice if we want to buy or to sell our bitcoin now.
shahzadafzal
Copper Member
Legendary
*
Offline Offline

Activity: 1526
Merit: 2890



View Profile
January 11, 2018, 10:52:17 AM
 #26
I guess many new projects and new crypto currencies popping daily. Sine they are cheap and almost 90% of those start with crowd sells in bitcoins. and people sell their bitcoin to buy those coins.

Also investments in bitcoin are slowed down reason is same. To me $15k price for bitcoin is ideal and will dance around it for long time.
█▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
██████████████▄
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
████████████▀██▀
████▀█████████▀		▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
░▀▀██▀▀
Pages: « 1 [2]  All
  Print  
Bitcoin Forum > Economy > Economics > Speculation > Why does Bitcoin jump up and down?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!