feny.blackpink
Newbie
Offline
Activity: 196
Merit: 0
|
|
June 22, 2018, 02:23:15 AM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
i think because this is crypto. Cryptocurrency is very volatile if you pair it with fiat currency like US Dollar. Some countries still not allowing or ban bitcoin, so maybe that is the cause of the volatility.
|
|
|
|
nekorakoeora
|
|
June 22, 2018, 03:05:15 AM |
|
It already became a risk for those who reside in crypto. Indeed the fluctuations that are already common. but of course, sometimes big market players also play what happened so it makes fluctuation occurs and is difficult to control.
|
|
|
|
Radio-Active
Member
Offline
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
|
|
June 22, 2018, 04:57:30 AM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
Hm, from my opinion, the fluctuating prices occur because cryptocurrency still not considered as a legal currency in some countries. If there is any bad news about cryptocurrency regulations, the price will decrease because some peoples panic if they cant use their coins anymore in the future.
|
|
|
|
leoandrew
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 22, 2018, 05:15:20 AM |
|
Market fluctuations is demanded to be happen . See I'll give you an example , There's a string on which we can keep our wet clothes to dry so when the clothes are wet the string struggles and when the clothes are dried the string will be normal , in the same way due to volatility the fluctuations occur . People buy and sell the coins every day so even that matters , so basically there will never be stability in the market .
|
|
|
|
firewa
Newbie
Offline
Activity: 126
Merit: 0
|
|
June 22, 2018, 05:30:01 AM |
|
The price of coins changes with market demand and volume. There is also the possibility of being manipulated, digital currency is a virtual market. Any news may change.
|
|
|
|
batang_bitcoin
|
|
June 22, 2018, 05:36:30 AM |
|
why does it change prices constantly and never stagnant?
It is because majority of the coins are volatile and this is why many investors are coming in due to the attention that it gives and advantage that knew by these investors. If you think that holding has a risk, that's correct but that's preventing you to get into stress from day to day trading.
|
|
|
|
shiningstar
Full Member
Offline
Activity: 420
Merit: 100
Qravity is a decentralized content production
|
|
June 22, 2018, 05:43:44 AM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
It's an open market so of course the price will always moving according to support and demand, even gold price is moving but it's not as volatile as crypto. There's no way the price can be stagnant and i believe people don't want that kind of thing to happen as the volatility is one of the factor that make crypto interesting.
|
|
|
|
Akselrod
|
|
June 22, 2018, 05:44:37 AM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
Because this market is not liquid. Each market participant who has a small sum of these or those coins can move the price up or down by their action. But with such volatility you can earn a good profit, knowing when to sell or when to buy.
|
|
|
|
merle
|
|
June 22, 2018, 05:47:25 AM |
|
In my opinion, the prices of cryptocurrency are very easy to fluctuate and change every day. Some factors may be: 1) Crypto is different with the fiat currency. Crypto is not centralized by the government, so there is no rule about how much the price per token or coin. Additionally, the activity of "sell and buy" can influence the volume, the volume itself can influence the changes of the prices. Those will be different every day. Then, each coin or crypto has different value and it also leads the differences of willingness to keep one or other coins.
|
|
|
|
cryptolord5
Newbie
Offline
Activity: 159
Merit: 0
|
|
June 22, 2018, 05:51:38 AM |
|
well to me coins are likely to change price since the prices are not fixed at a particular spot so secondly the prices depends on bitcoin and ethereum.
|
|
|
|
zzxcvv
Newbie
Offline
Activity: 154
Merit: 0
|
|
June 22, 2018, 05:55:22 AM |
|
I think the answer is very simple, prices change because of traders . If no one will buy or sell , the price will remain at the same level .It all depends on demand
|
|
|
|
annicketucufaw
Member
Offline
Activity: 378
Merit: 16
|
|
June 22, 2018, 05:56:23 AM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
There are factors that affecting coins price or value. For my own view, cryptocurrency is the same as stock market. Price change rapidly and unpredictably because of the factors that affect cryptos. Here are a few 1. Law of Supply and Demand - We all know how this works. If there are people that are buying but less supply, price will go up. More people that are selling but few sellers, price will go down. 2. Mass media - Any news that is related to crypto can make the value fluctuate. Good news, price up. Bad news, price down. 3. Popularity - If less people knows about crypto or some will leave cryptoworld means less investment = price down. More marketing and knowledge about crypto, more people will join and invest = price up.
|
Eth address: 0x84da215D0558B308f9804a8b535e43b2f4f8056f Ronin: ronin:8a9982982d41a808ab5fb7a23139a4164e0cb945
|
|
|
tee-rex
|
|
June 22, 2018, 04:14:19 PM |
|
I think nobody wants the price of coins to be stagnant. That's probably crypto is dead. We benefit from market fluctuations. But for the long term, I think history has proved on the famous coins.
Yes, coins become stable only at a zero level. Yobit exchange, for example, is packed with a shitload of dead coins, aka shitcoins. On the flip side, though, the long-term tendency is that (as it seems to me) speculation exhausts itself in the long run, which means prices going lower over time. It doesn't mean that crypto will be dead in the end, at least not in the nearest future and definitely not due to internal causes and factors. It essentially means that when speculation subsides in due course, the resulting prices will be lower than what they are today, way lower.
|
|
|
|
rb26
Full Member
Offline
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
|
|
June 22, 2018, 04:26:02 PM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
The demand for the coin basically dictates the price of that specific coin. As long as someone is willing to pay a certain amount in exchange for that coin then the price varies depending on how much that someone wants to pay for it. So the people is responsible for this. Many wants to buy a specific coin for a certain amount then others wants to buy the same coin but with a different amount. By this alone we can answer why the price always varies. The price will be stagnant if there is no demand for that coin. So if I want to buy 1ETH for $100 then others does not want to pay more than that and nobody wants to sell ETH then the price will stay unless otherwise.
|
|
|
|
success65
Newbie
Offline
Activity: 153
Merit: 0
|
|
June 22, 2018, 04:32:41 PM |
|
this is the correct operation of any economy and any market! the cryptocurrency market is no different from the usual each crypt than it is supported and dependent on it support the market and changing!
|
|
|
|
altcoinhunter01
|
|
June 22, 2018, 04:39:01 PM |
|
Whenever market comes under control of bears then prices of coins start dropping and when bulls takes control of market then market start rising and so the price of coins also rising accordingly. This is all demand and supply proposition. when demand grows then prices goes up as everyone want to buy the coin at any price.
|
|
|
|
Umkar
Member
Offline
Activity: 364
Merit: 10
|
|
June 22, 2018, 05:08:58 PM |
|
Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
Coins and tokens will always almost always rise and fall in their price due to the fact that they are not provided with anything and are not controlled by anyone and are not supported in value, as is the case with all national money. The price of a decentralized crypto currency is formed solely on the basis of the supply-demand relationship, and they are never permanent. Demand and supply on the market for each coin or token changes every day and even several times a day. Therefore, the price of any crypto currency is also changing. Apparently, such a nature of decentralized crypto currency will always be.
|
|
|
|
echodike
Newbie
Offline
Activity: 154
Merit: 0
|
|
June 22, 2018, 05:20:25 PM |
|
Price of coins changes because of the demand and supply. of you understand how demand and supply works then that's what makes the price to change. It works like this: When a sell places an amount they want to sell then a buyer also places amount they want to buy, so if the sell and buy price matches then the order will happen. So when there are many people wishing to sell and there are few people willing to buy, what happens is the the sellers compete to sell to the buyer by reducing their price and that's why prices reduce.
|
|
|
|
Sam$oN
Newbie
Offline
Activity: 238
Merit: 0
|
|
June 22, 2018, 05:22:32 PM |
|
Whenever market comes under control of bears then prices of coins start dropping and when bulls takes control of market then market start rising and so the price of coins also rising accordingly. This is all demand and supply proposition. when demand grows then prices goes up as everyone want to buy the coin at any price.
There is no need to Excel or come up with new theories. From time immemorial, there was one desire to buy cheaper - to sell more. Thanks to this law and prices are moving in different directions.
|
|
|
|
asdn192zhhhh
Newbie
Offline
Activity: 84
Merit: 0
|
|
June 24, 2018, 07:23:07 AM |
|
I think the answer is very simple, prices change because of traders . If no one will buy or sell , the price will remain at the same level .It all depends on demand
|
|
|
|
|