Cause of volatility of bitcoin ?

[redhorsebeer1980]

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.Bitcoin is getting stepped because there maybe some people who hold the bitcoin and release it until right time.It could be this factor that can cause bitcoin prices will rise.

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[stely41]

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.Bitcoin is getting stepped because there maybe some people who hold the bitcoin and release it until right time.It could be this factor that can cause bitcoin prices will rise.

Numerous analysts have asserted that bitcoin suffers from liquidity problems, which could in turn be contributing to bitcoin’s sharp volatility.Having less liquidity,instead of more,can potentially exacerbate price fluctuations, making it so that the digital currency’s inevitable declines are more severe than they would be otherwise.

[noelanora99]

I think there's also a possibility of market manipulation. Some party or group can also manipulate the market specially those that hold large number of coins, dictating it's rhythm through dumping coins or other means. Although it's not very obvious, but it is still possible.

[Timere]

Bitcoin is volatile because he is very sensitive to criticism and novosyam. In the future this will change

[Lazada]

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 thing that causes Bitcoin prices to rise is the growing recognition of Bitcoin, in addition to that increasing popularity gives a trust from the public at large. This is a dynamic thing happening because Bitcoin has a tremendous effect in the financial system that exists in the world. Recently, Bitcoin is in decline, but everyone including me is optimistic that there will be price fixes that will show Bitcoin's value is much better than the current price.

[thegreatdodoy]

Bitcoin is volatile because he is very sensitive to criticism and novosyam. In the future this will change

There are many factors that causing bitcoins volatility like negative media reports, banning of crypto from from other countries and negative speculation or prediction from experts both are causing to get into panic selling.

[RedzoneASE]

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 this is because of many investor who are pulling out thier investment and transfer to some ICO which they could see some potential. If the price manipulation is true then it would be the #1 reason why the price fall down like this.

[vhroen]

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 ?

Too many factors why bitcoin price fluctuates. One would be the "law of supply and demand", we all know that there is only 21 million bitcoin out there, so limited that people take advantage of this through hoarding/hodling. When so many people are hodling their bitcoins this causes prices to go up.
Negative news like bitcoin being banned by the government in other countries and hacking make the people panic selling their bitcoin at a loss can make the price to drop drastically and a lot of internal and external factors that makes bitcoin price to fluctuate.

[qwertyup23]

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 ?

There are various reasons which explains the volatility of bitcoin in the market, namely:

• Due to its decentralized nature, no department or government institution has total control over its transactions and regulations in the market. Unlike the other investment mechanisms (like stocks, golds, bonds, treasury bills, etc.), they are backed upon by a government institution which regulates its function in the country;
• Government prohibitions and country implementations which are prejudicial to the cryptocurrency world affect bitcoin's price- which explains its volatile price;
• Large trading companies and famous investors that release (bias?) statements about bitcoin influence the will of investors in acquiring bitcoin, which makes the market supply and demand erratic; and
• Media has an significant impact on attracting new investors and retaining old ones as they disperse the information- which may be manipulated depending on the country of each.

Above are some of my opinions based on my experiences with its volatility. The way to handle its volatile nature is to treat it as an opportunity to acquire more rather to see it on a negative aspect. Never miss the chance acquire more in order to maximize the yielding of income in the future.

[Dingdong7]

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 ?

Value ia voltile because no one and no system has tge full control to maintain the value. The price is all dependent on how holders will handle their investment. The price changes when great number of user dump the price. At some point, the price might also show tremendous changes if the whale decides to since they have the greater volume of coin.

[Blue Bell]

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 this is because of many investor who are pulling out thier investment and transfer to some ICO which they could see some potential. If the price manipulation is true then it would be the #1 reason why the price fall down like this.

Well it is true that investors has really an important effect at the growth and fall of bitcoin, so when more people switch to bitcoin it increase the price high ad makes everyone to attract toward bitcoin for highly increasing price, but when more people pull of their bitcoin from wallet and sell at falling price of panics then it decrease the value,. So I think supply and demand of bitcoin makes bitcoin keep on moving high and low but panic selling can also make price of bitcoin immediately down.

[Ararbermas]

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 ?

 There's a lot of cuases why the value of bitcoin nowadays always drastic change. But on my view the common reason that can cause drastic change in the market is  " whales and fuds "  which is they can manipulate the growth rate of the market in easy way. Especially fuds that always intimidate holders to panic sell when there's a fluctuation.  that's why the valued nowadays always dump after the bullish.

[KorakPawon]

many people who buy Bitcoin with a large amount of Bitcoin prices will soar up. They hear even believe that bitcoin can bring change so many people are starting to move on bitcoin because it is almost the same as gold but high volatility that happens can still be predicted because there are things that affect the movement. Be it political conditions, monetary policy, interest rate changes, and other things.

[gilangIDR]

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 ?

 There's a lot of cuases why the value of bitcoin nowadays always drastic change. But on my view the common reason that can cause drastic change in the market is  " whales and fuds "  which is they can manipulate the growth rate of the market in easy way. Especially fuds that always intimidate holders to panic sell when there's a fluctuation.  that's why the valued nowadays always dump after the bullish.

These people take advantage of the situation and they cause a tremendous panic on the bitcoin market. This is indeed a disadvantage because only they can determine how the bitcoin price moves. In real terms then they will get and ourselves experience losses. This is why the bitcoin price looks manipulated, yes it is true that the actual condition is the price of bitcoin manipulated by bandits with lots of Bitcoin.

[miyaka26]

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 is possible that the bitcoin price will soar high again like the last year did when it was just lurking around $1,000 then it increased drastically up to $20,000 by December which is the ATH we may encounter a new record this time or not, trends and news as well as FUD's possess the major influence with the game of the price that's why media's and fudders take it as an advantage to make the price turn around.

[jadenunderhill]

Just bitcoin bubble started to burst. Nothing personal

[richardsNY]

yes it is true that the actual condition is the price of bitcoin manipulated by bandits with lots of Bitcoin.

I can somewhat understand that people consider manipulation to be an unethical activity, but they aren't doing much wrong. They use their capital and freedom that this market offers to take advantage of those who aren't aware of what they are investing in. It's up to you to research before you dive into something, so if people end up selling in panic, they have only themselves to blame for. It may sound a bit harsh, but it doesn't help to remain soft. If people act like idiots because they are gambling their savings blindly, then they should be called out for that. This market has no mercy for anyone, so you either prepare yourself properly, or the market will eat you alive....

[hispout]

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 ?

 There's a lot of cuases why the value of bitcoin nowadays always drastic change. But on my view the common reason that can cause drastic change in the market is  " whales and fuds "  which is they can manipulate the growth rate of the market in easy way. Especially fuds that always intimidate holders to panic sell when there's a fluctuation.  that's why the valued nowadays always dump after the bullish.

These two factors are often playing major roles in manipulating the prices of any coin. I have many times mentioned this issue of rumors and panic selling. If the bitcoin investors realize that panic selling is never doing any good to them and they should not execute it under any circumstances, believe me bitcoin would not soar the way it did in the beginning of this year. Whales could not be handled by us.