kalel18 (OP)
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November 10, 2018, 03:33:12 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
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Marshall14
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November 10, 2018, 03:43:25 PM |
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There happens to be no exact reason why the bitcoin's price fluctuates and it's impossible to get an exact reason why it actually does..
One reason hinges on the adoption of the currency and this is based on the supply/demand for the currency,and increase in demand for the currency most times pumps the price,while a decrease in supply/demand leads to a downturn in price..
Another reason for the price fluctuations happens to be negative press, the news most times portrays the bitcoin as a scam,ponzi scam and all sorts of negatives,this most times tends to dissuade investors from investing in the currency and thus a reduction in price
There could also be a boom, if more and more investors find the system attractive,hence invest in the bitcoin,it could also lead to a rise in price...
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dimiinx
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November 10, 2018, 04:07:04 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
the name is also the crypto market just like other market markets and bitcoin is inside the market if it doesn't change there will be no sense and no one can see stastik for the bitcoin market we can monitor bitcoin from the volatile stastik |
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tdrinker
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November 10, 2018, 04:11:37 PM |
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Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.
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Snyderfx2
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November 10, 2018, 04:16:01 PM |
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I think bitcoin is too much volatile mainly because it is not a centralized currency so there is no organization or a authority to control its value which is unlike with major fiat currencies in the world like USD, EURO,JPY and other where each and every one of them have a centralized government or a central bank to manage and control the currency price in necessary situation so they are fluctuates with minimum volatility
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Amevalentine
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November 10, 2018, 04:17:42 PM |
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Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.
bitcoin is changing because many factors, which are unstable price and selling issues, are finally changing every day and I think this is a natural matter because bitcoin is in the crypto market |
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Snyderfx2
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November 10, 2018, 04:20:25 PM |
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Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.
Of course and mainly in bitcoin the price is determined by the demand which is why it is highly volatile than other fiat currencies because unlike other today bitcoin is mainly used as a investment asset in the current world and people view towards bitcoin changes all the time according to media news and other reasons which changes the demand level so the price changes all the time and those are main reasons too why bitcoin is volatile |
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SnapDown22
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November 10, 2018, 04:28:14 PM |
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Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.
bitcoin is changing because many factors, which are unstable price and selling issues, are finally changing every day and I think this is a natural matter because bitcoin is in the crypto market Changing this matter is a natural thing. I am not surprised anymore if Bitcoin changes, because yes, bitcoin is included in the crypto market and I think it must change, the fox is not just monotonous. |
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bosta20
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November 10, 2018, 04:31:34 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
It's normal with new markets and new technologies....but i seriously believe that the volatility will reduce with more adoption! |
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mk4
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November 10, 2018, 04:34:07 PM |
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Price is always determined from supply and demand. Demand in this space changes rapidly because bitcoin is a highly speculative asset and the future remains very unclear. There's big scope in opinion from complete failure to world dominance.
Just to add to this: In addition to bitcoin and cryptocurrencies in general being a highly speculative asset, bitcoin and the whole cryptocurrency market's total market cap is quite small for now, compared to other assets like stocks, precious metals. Hence, big buy or sell orders can easily skew bitcoin's price to either direction to a certain extent, depending on how big the market order is. Also, the barrier to entry to bitcoin or cryptocurrencies in general is quite small, hence you see people without any knowledge about bitcoin or crypto in general enter the space, while probably most of their opinions about bitcoin/crypto being easily manipulated through shills and FUD through social media/news. |
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fcklife
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November 10, 2018, 04:44:38 PM |
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the volatility depends on the huge investors dumping and bagging bitcoins. the volatility may be lessen if the masses are fully aware of what bitcoin is and its a matter of time to accomplish that.
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Dilerium90
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November 10, 2018, 04:50:44 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
The cryptocurrency market is very young and not many people are included in it to reduce volatility. The second reason is that no one knows the appropriate price of bitcoin. It can be either $ 100 or $ 1,000,000. For this reason, Bitcoin will be very volatile for a long time, in my opinion. |
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vina humaidah
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November 10, 2018, 04:56:17 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
I think fluctuations are a feature of BTC and I consider this normal, and those who can recover prices are users. this is because no authority can control the price of bitcoin. |
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demenBTC
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November 10, 2018, 05:03:23 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
why the price of bitcoin is always changing because bitcoin is not a currency in every country, bitcoin does not have a price rule, bitcoin is a virtual currency that is only widely used for trading and also buying and selling of shares of course the price is impossible to determine. and the question of price recovery always comes from big traders who can play a bitcoin price |
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globalking
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November 10, 2018, 05:05:37 PM |
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bitcoin is volatile because the veils are cashing out bitcoin this is the main reason why bitcoin is volatile.
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Herucooles
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November 10, 2018, 05:06:59 PM |
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In principle, determining the price of Bitcoin, there must be an agreement between the price of the offer (the price of those who sell Bitcoin) and the price of demand (the person who buys Bitcoin).
The more you buy, the higher the price, and vice versa.
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Compiler
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November 10, 2018, 05:15:16 PM |
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It works like everything, buy, sell, exchange. Bitcoin usually goes up when there is some important event related to something very big. That's when bitcoin really goes up, because it's usually at the same price always, almost regulated.
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kamilah147
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November 10, 2018, 06:35:31 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
why the price of bitcoin is changing. because the bitcoin movement always changes up and down. especially sometimes there are problems that arise, and that makes bitcoin sometimes go down, without us knowing it. that's where we can guess the condition of bitcoin. |
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yowelfree
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November 10, 2018, 07:48:15 PM |
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Bitcoin is in the crypto market. And market generally experience changes as a result of demand and supply. why bitcoin volatile is as a result of demand and supply.
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candra raditya
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November 10, 2018, 08:10:40 PM |
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Decentralization cannot be regulated and the price will continue to change when demand and supply occur in the market. Negative news can also have an effect on the market decline because many have panicked selling.
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nahotachikwem
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November 10, 2018, 08:11:47 PM |
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Why bitcoin volatile, in other words why the change of bitcoin suddenly and unexpectedly, especially by getting worse. I think it is as a result of demand and supply.
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pixie85
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November 10, 2018, 08:51:44 PM |
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I want to know why the bitcoin price fluctuate and where the recovery comes from.
It fluctuates because the demand and supply change over time. If you have a lot of coins and decide to sell you're affecting the supply. If you have a lot of fiat and decide to buy, you're affecting the demand. The recovery comes from increased demand and demand increases when people see an opportunity to buy before something big like a fork, a halving, an ETF approval. |
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fistteam
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November 10, 2018, 09:06:32 PM |
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There are many reasons for your question and these are the reasons I found on the forums:
-Adoption rate is hampered by bad press
-The cognitive value of Bitcoin varies
-Too much difference in value perception and value method of Bitcoin
-Small option value for large holders of currency
-News of the security breach makes investors react
-Bitcoin and foreign direct investment in high inflation countries
-Mt Gox: Bitcoin's recent high loss at Mt Gox is another driving force
-Tax treatment of Bitcoin also affects the fluctuation
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crossabdd
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November 10, 2018, 10:20:52 PM |
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this is simple, why does the price of bitcoin fluctuate? because the price of bitcoin is determined by the user himself. price agreement occurs between demand and supply. so that prices are created. and the market is the biggest influence on the price of bitcoin. so prices are not stable, because every second demand and supply always changes.
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abojamal
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November 10, 2018, 10:38:30 PM |
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as a novice in the cryptocurrency world I want to know why the bitcoin price fluctuate and where the recovery comes from. because I was wondering why. Is it because of market or bitcoin users gradually
Prices are generally subject to market rules and the most important Supply and demand But there are several factors that determine whales as well  And why did bitcoin change? Because it is simply undergoing a pivotal phase in its history. |
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Andrew Gergeo
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November 10, 2018, 11:00:49 PM |
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Because the price of bitcoin fluctuates according to the supply and demand of the bitcoin demand, the bitcoin fluctuates abnormally.
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Zainal-baguz
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November 10, 2018, 11:03:23 PM |
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because a lot of people are investing in bitcoins from all over the world bro. whereas people's thoughts always change with time. so it's no wonder that bitcoin always changes ..
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bloodyvio
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November 10, 2018, 11:05:33 PM |
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maybe because everyone can access and have it
even just using a smartphone everyone can have bitcoin
that's why they can buy and sell their bitcoins at any time
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Twentyonepaylots
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November 10, 2018, 11:15:31 PM |
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Decentralization cannot be regulated and the price will continue to change when demand and supply occur in the market. Negative news can also have an effect on the market decline because many have panicked selling.
One should know that Market is Volatile not only crypto even the stock market globally, it is unpredictable, and these can be due for several reason or indicators in the market, it may be affected because of the volume of investment by the investors, the fundamental, market structure, and most important indicator are the behavior of consumer's toward Bitcoin, experts say, it can be affected also by issues on Hacker, Scammer, and the never ending issue on Regulation by the Government which until now it is not yet resolved. Yet, the good new, Bitcoin remains to be stable on the market. |
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Andrew Gergeo
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November 10, 2018, 11:18:03 PM |
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This feature helps us to distinguish between bitcoin and other currencies because there is no third party involved in the transaction so no one has control over it so its price will be unstable.
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mangsitin
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November 10, 2018, 11:18:25 PM |
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Bitcoin prices change every time because traders from all over the world are trading, so it causes price movements, sometimes if many sell Bitcoin the price will go down, and if many people buy Bitcoin, then prices will increase.
but the price of Bitcoin depends on the news circulating as well, because the news is very important in Bitcoin trading, good news and bad news will increase and decrease the price of bitcoin.
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Agapelove
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November 10, 2018, 11:27:47 PM |
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It is simply the basic principle in economics which is about the "supply and demand". If more and more people are buying bitcoin then it shows high demand, considering that there is a low supply due to some holders. In that case bitcoin pruce would expect to go up. And it is the other way around for the price to go down.
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