9emb3lelit3
Jr. Member
Offline
Activity: 207
Merit: 2
|
|
May 29, 2018, 08:18:09 PM |
|
I think one of the factors that will affect the instability of Bitcoin's value and price is the presence of news that seems to frighten all Bitcoin users, as well as those new to join this Bitcoin, which includes geopolitical events and government statements that Bitcoin is likely to be regulated , and Bitcoin's price volatility is also driven by various perceptions of intrinsic value of cryptocurrency as a store of value and value transfer methods.
|
|
|
|
Melody2
Jr. Member
Offline
Activity: 137
Merit: 1
|
|
May 29, 2018, 08:24:46 PM |
|
That is an excellent analysis. Bitcoin has no one to regulate the price and so the forces of demand and supply ultimately controls how much it will cost at a time. But let's not forget that there are people who hold massive amounts of btc and these people can easily influence the price of coin as well.
|
══════════║ Unidapp.app ║══════════ FULLY DECENTRALIZED TRADING PLATFORM ══════════║ Unidapp.app ║══════════
|
|
|
funchiestz
|
|
May 29, 2018, 08:45:11 PM |
|
I think the reason for the high volatility is very obvious. Those who have a lot of Bitcoin in their hands play at the market price whenever they want.
|
|
|
|
noisybit
Newbie
Offline
Activity: 130
Merit: 0
|
|
May 29, 2018, 08:50:09 PM |
|
it happens because too many Factors in the perception of asset value and value of bitcoin therefore the value of bitcoin can rise sometimes also can go down and that is what causes the unstable bitcoin
|
|
|
|
Anarchist
|
|
May 29, 2018, 08:55:08 PM |
|
Bitcoin is mostly based on the trader feelings and some manipulations from some group. The volatility has and will always be here
|
|
|
|
Bagaji
|
|
May 29, 2018, 08:59:18 PM |
|
Bitcoin is volatile because of the fources of demand and supply for it and at the same time it is still a new currency that is yet to be known to so many people around the world that make it more volatile because of its high demand.
|
|
|
|
xiboothrezi
|
|
May 29, 2018, 09:22:42 PM |
|
Bitcoin is volatile because of the fources of demand and supply for it and at the same time it is still a new currency that is yet to be known to so many people around the world that make it more volatile because of its high demand.
It is true. Demand and supply greatly affect the market price. Meanwhile, demand and supply are influenced by various factors, including rumours and news, speculation of traders and investors, and the issue of legality from various countries. That is why the price of cryptocurrency is very volatile.
|
|
|
|
arief.sutono
Newbie
Offline
Activity: 94
Merit: 0
|
|
May 29, 2018, 09:31:38 PM |
|
There are several factors that cause volatility in the market such as bad news on behalf of Bitcoin. However, I believe that unregulated markets and lack of maturity are the biggest reasons for that. The market is not regulated so that anyone can trade any amount from different parts of the world and he can do it every time every day so that large volumes affect the price. A wave of panic trading and volatility for the aforementioned Bitcoin.Thanks #CMIIW
|
|
|
|
bajigur894784
Member
Offline
Activity: 350
Merit: 10
|
|
May 29, 2018, 11:03:12 PM |
|
Bitcoin price instability is also driven largely by the various perceptions of intrinsic value of cryptocurrency as a store of value and value transfer methods.
Bitcoin as a store of value is a function by which assets can be useful in the future with several possibilities. The store of value can be stored and transacted with goods or services in the future. There are many online stores that accept buying and selling using Bitcoin.
The method of value transfer is an object or concept used to transmit property in the form of an asset from one party to another. The current Bitcoin price instability makes it an unclear added value, but promises almost no frictional value transfers.
Due to these two factors, the current Bitcoin spot price varies against the dollar and other fiat currencies. Bitcoin values can be swung based on news events as happened before compared to fiat currencies.
|
|
|
|
Julia Wilson
Newbie
Offline
Activity: 56
Merit: 0
|
|
May 30, 2018, 07:15:05 AM |
|
There are broadly 2 reasons:
Bitcoin markets are fragmented
Unlike stock markets where a stock trades on few exchanges, bitcoin currently trades on ~400 exchanges. This cause liquidity to get trapped in these individual exchanges. As a result every time someone wants to buy/sell a large amount of Bitcoin, prices move significantly which causes the volatility.
Lack of regulations
Almost all bitcoin markets are currently unregulated. As a result, traders are able employ various trading strategies like ‘Pump and Dump’ to drive markets significantly in either direction. I regulated markets, these would not be allowed.
|
|
|
|
janhllr
Newbie
Offline
Activity: 42
Merit: 0
|
|
May 30, 2018, 07:19:19 AM |
|
Because of the following reasons: - They have no intrisic value – Despite any other companies, cryptocurrencies don’t create a products, earn revenue, employ thousands of people or even return dividents – Because of this is it really hard to value them, we often rely on market sentiment which is influenced by the media. - Lack of regulations – Even though governments are doing their best to regulate this space, it’s still in its early days – Limited regulations can easily allow anyone with a lot of holdings to manipulate the market. - Lack of institutional capital – Banks and other institution are open to blockchain technology but haven’t invested, yet, large amounts of money which would soften the volatility.
|
|
|
|
victorserrano
Newbie
Offline
Activity: 30
Merit: 0
|
|
May 30, 2018, 09:35:27 AM |
|
The volatility of bitcoin will end someday.
|
|
|
|
jakoylantern
|
|
May 30, 2018, 04:30:41 PM |
|
For me, bitcoin is volatility too much because of the capability of decentralization of bitcoin. Some real money doesn’t fluctuate its amount to much because someone is controlling it, but compared to bitcoin, it is uncontrollable. The other factors are the demand of bitcoin in the market, the legality of bitcoin into some state, the acceptance of bitcoin regarding the payment system to all establishment or people and popularity of bitcoin. But in the first place bitcoin’s value is unstable so don’t mind at all because that is the true nature of bitcoin, and that is the main reason why many people think and doing bitcoin as an asset in the source of their income.
|
|
|
|
callmeback
Jr. Member
Offline
Activity: 182
Merit: 2
|
|
May 30, 2018, 04:32:43 PM |
|
Its simple because of the capability of decentralization of bitcoin. Some real money doesn’t fluctuate its amount to much because someone is controlling it, but compared to bitcoin, it is uncontrollable. The other factors are the demand of bitcoin in the market, the legality of bitcoin into some state, the acceptance of bitcoin regarding the payment system to all establishment or people and popularity of bitcoin. However, I believe that unregulated markets and lack of maturity are the biggest reasons for that. The market is not regulated so that anyone can trade any amount from different parts of the world and he can do it every time every day so that large volumes affect the price. A wave of panic trading and volatility for the aforementioned Bitcoin.
|
|
|
|
semediu
Newbie
Offline
Activity: 38
Merit: 0
|
|
June 01, 2018, 05:51:23 PM |
|
Some of the factors that influence Bitcoin's reversal of bitcoin prices are unstable. Strongly Affected by Various News, Bitcoin Perceive Palue Fluctuates, Too Many Factors in the Perceptions of Asset Value and Value of Bitcoin, Small Option Value for Investors.
|
|
|
|
adeola1
Newbie
Offline
Activity: 154
Merit: 0
|
|
June 04, 2018, 09:16:40 PM |
|
Bitcoin weekly volatility reached up to 60% per annum during the previous year, but other coin pairs saw even bigger swings. Bitcoin is definitely the most liquid coin, its order books show the deepest sell and buy offers, therefore a big trade will have a smaller price impact, hence a smaller price volatility. Bitcoin is, however, still more volatile than any fiat currency pairs.
|
|
|
|
vlasindastris
Newbie
Offline
Activity: 72
Merit: 0
|
|
June 04, 2018, 09:18:05 PM |
|
More adoption of bitcoin within the economy or new teritories,or even major upgrades in the speed of bitcoin's transactions or the cost could act as a very positive drivers for the value of bitcoin.
|
|
|
|
jefrihunter
|
|
June 04, 2018, 09:23:53 PM |
|
i think bitcoin price fluctuations in various international and local Bitcoin markets, such as Bitstamp, Coinbase, Kraken, Bitcoin.co.id, BTCChina, etc. are driven by many factors and bitcoin can also fluctuate dependence on market supply and demand, the more market demand the bitcoin price will be high and vice versa the less market demand the lower the btc price. the good reputation factor of bitcoin in the community can affect the rise in bitcoin prices
|
|
|
|
abonti
Newbie
Offline
Activity: 113
Merit: 0
|
|
June 04, 2018, 10:14:42 PM |
|
yeh,bitcoin is a volatility, because this is cryptocurrency. And , minute and hour bitcoin prices are always up and down continuously. and to predict its value is also very difficult. so it's hard to bitcoin in say stable.
|
|
|
|
joshb028
Newbie
Offline
Activity: 42
Merit: 0
|
|
June 04, 2018, 10:21:49 PM |
|
Bitcoin really is volatility because of its ability to change of value anytime unpredictally. And I think one factor that affects, is the number of transactions made every time or everyday. Since there are still few of us who has access in it then the change in its value is still fast in changing. But I think if we can promote it to others and more will have an access In it then maybe the values maybe stable. That is why we need really to promote bitcoin.
|
|
|
|
|