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Author Topic: Cause of volatility of bitcoin ?  (Read 434 times)
Yarsk
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May 20, 2018, 06:35:43 PM
 #21

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
The volatility in the price of bitcoin is something that is part of the bitcoin network and market, since bitcoin also operate on the law of demands and supply it price can never be stable. Bitcoin is not like other commodities that has a fixed price so at that the demands for it will always determine the price at every point in time. And that is what big investors are taking advantage of it can easily be influence by them.
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May 20, 2018, 10:48:53 PM
 #22

the cause of bitcoin volatility, as it is affected by the news that scares the bitcoin users that bitcoin is likely to be governed by the government, the security vulnerability makes investors react, making the bitcoin unstable. Tax imposition on bitcoin also affects the volatility of its price.
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May 20, 2018, 11:03:41 PM
 #23

the cause of bitcoin volatility, as it is affected by the news that scares the bitcoin users that bitcoin is likely to be governed by the government, the security vulnerability makes investors react, making the bitcoin unstable. Tax imposition on bitcoin also affects the volatility of its price.
I agree that bitcoin volatility is caused by people who sell during the fall and many investors take opportunity for the time like that as it will surely give them profit. Government also cause for that volatility as they want to control on it. Also there is correction to it for more security. The more that users increase the more that many strive to have it.

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May 20, 2018, 11:06:18 PM
 #24

Bitcoin volatility which causes the change in price is caused by fundamental analysis. The news items from government are the one that causes traders to demand bitcoins or sell off their holdings.

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May 20, 2018, 11:14:25 PM
 #25

the cause of bitcoin volatility, as it is affected by the news that scares the bitcoin users that bitcoin is likely to be governed by the government, the security vulnerability makes investors react, making the bitcoin unstable. Tax imposition on bitcoin also affects the volatility of its price.

Cryptomarket is very volatile, and the news makes it more volatile. People react on that negatively especially for those new in cryptoworld. There is no specific cause of bitcoin's volatility but I think its more on the emotion of every traders and the manipulation of a great whale.

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May 20, 2018, 11:20:38 PM
 #26

We really don't know what the cost is, but for my opinion it is the billionaires are manipulating the market with the help of the medias around the world, they raised a good news then the price will pump up then a bad news the price will go down. that's it

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May 20, 2018, 11:50:08 PM
 #27

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
Big bitcoat volatility is due to the fact that the market of cryptocurrency is still too young. Any minor news can trigger a price change. As the market develops, the volatility of the cryptocurrency will decrease. The more people will use bitcoin, the less there will be price fluctuations.
Good answer I think, bitcoin volatility can decrease after some year day by day if it's goning stable situation and more more marketing also.
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May 20, 2018, 11:51:46 PM
 #28

There may be several factors that influence the fall in bitcoin prices if in my opinion, it is possible that more projects use bitcoin so the need for bitcoin is higher and while the presence of bitcoin is getting stepped because there may be some people who hold the bitcoin and release it until right time. So I think it could be this factor that can cause bitcoin prices to go up and so now the bitcoin price drops maybe the projects done in 2017 and before that are still running so the need for bitcoin will be reduced da notes as well as factors about the rules that can make investors wait will be policy on bitcoin
coinluisa
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May 20, 2018, 11:53:52 PM
 #29

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
I think there's many reason that cause of volatility of bitcoin because of fud news that affect the market and people are panicking that's why the price dropping because if their panick selling.

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VitKoyn
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May 21, 2018, 07:15:26 AM
 #30

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
When more people are buying and selling that can affect the price of Bitcoin especially if huge amount of the supply is involved, it is the basic demand and supply. You can also expect that if a cryptocurrency that drastically increased its value in a short period of time that it will also experience a downfall or a price correction, because people will surely end up taking their profits. What happened the last time Bitcoin reached its new all time high, there are huge investors that sold their Bitcoins and that creates fear to small investors, and those FUDs are also the reason, that is why it continues to go down to $6000. But it is now starting to recover a bit.
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May 21, 2018, 08:01:34 AM
 #31

Trading and Selling is the big reason of its volatility, last year before newyear and christmass many people sell their BTC because of the need of money for the upcoming event that's the reason why the price falls back.
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May 21, 2018, 09:04:26 PM
 #32

I think the main reason is its supply anf demand. Supply increased more than demand which caused the volatility.  Even sometimes the negative news about bitcoin disrupts the demand that leads the market to volatility also.
GeorgiyBilyk
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May 21, 2018, 09:22:17 PM
 #33

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?

Hello! a sharp change in the stability will be soon! now very serious players are making a purchase! and I'm sure it does not happen through the exchange! so such a low price is beneficial to large purses, but soon everything will change! the main thing is to catch the moment! scares only one thing soon summer - and in summer there is always a recession! it remains to wait for the winter, then there will definitely be new records in bitcoin price!

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May 22, 2018, 12:00:16 AM
 #34

there can be many reasons my man, but one of the biggest reason would be the market is not mature enough. so that fuds and things like that can effect on peoples mind. i hope after becoming little bit older market of cryptocurrency will be much more stable.
yarozaqu
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May 22, 2018, 12:07:54 AM
 #35

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?

many factor cause of volatility of bitcoin,  major factor is demand. The negative news also affect the market. The government ban bitcoin , it also affect the demand is low.
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May 22, 2018, 12:13:26 AM
 #36

Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?

It's how the market reacts and the market consists of companies that use bitcoin and traders and individuals, these people reacts positively or negatively on news related to Bitcoin, some thought it will crash, some thought the price is increasing and of course many sells because they already made a profit.

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May 22, 2018, 03:56:54 PM
 #37

Volatility is natural in this market. In my insight and understanding the instability is a nature of bitcoin since it was made. It is additionally the motivation behind why bitcoin turn out to be more mainstream and significant. In light of bitcoin instability numerous financial specialists are contributing to acquire benefit from bitcoin. Unpredictability is the basic element of bitcoin. In any case, there are likewise factors that reason for unpredictability of bitcoin like frenzy selling; digital monetary standards little market measure, low liquidity and youthful administrative environment that ignite to value changing tendency.
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May 22, 2018, 04:42:23 PM
 #38

Well, volatility is one of the features of Bitcoin. The price of Bitcoin is never stable. It is always flactuating. I think soon again the price is going to rise.
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May 22, 2018, 04:47:09 PM
 #39

I think the reason for this price down is there are some big whales who are controling the market and they are behind of this volatility. Roll Eyes Roll Eyes
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May 22, 2018, 04:47:32 PM
 #40

Due to the buying frenzy last december! Starting september last year there is a noticeable increase of people who are get interested in bitcoin and even alts. What just happen is those interested people, including me have dive into bitcoins. Thus it create a frenzy buying way up until december. After that, most of the people who are interested in bitcoin have already bitcoin. Thus the next thing they want to do is to sell it off. But most of the people are selling off and no one wants to buy. There, the price continuously decrease. In order to achieve higher price, there should be again millions of people that are willing to buy bitcoins to make the purchasing power of bitcoin increase thus price could also increase.
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