why bitcoin is still unpredictable.

[Dr.Sponge]

Bitcoin now is predictable since bitcoin is following the usd trends. I hope the developer of the bitcoin will take a new decision.

[Nggedebus]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

That is indeed how the cryptocurrency work. Also that is the reason why crptocurrency are unpredictable, that is because every people has their own way of thinking and there is no regulation to manage that price fluctuation when many big investors sell their coins.

[Red-Apple]

bitcoin has always been unpredictable but only in short term. they can always manipulate the short term trends but there is nobody that can change anything about what happens to bitcoin in long term.
and it is simply because the adoption is not something that they can prevent. it will happen and because of it the price will continue to go up.

[kauban2018]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

what makes it predictable is because of the people involve with it such as traders, hunters and customers who exploited this tech. More and more people uses this tech like it has no consequences. when more people became irresponsible the more the market will be unpredictable. I think its a matter of instinct and guts for us to gain from it.

[KOF97]

I think there is only one reason why the price of cryptocurrency cannot be predicted, because no one can predict when all investors will choose to sell their cryptocurrency!

[braves182]

While the crypto-currency market will have such a low capitalization, in which it's possible to concentrate a huge amount of digital currencies in the hands of one person or group of persons, the market will be so volatile, there is nothing we can do about it, we just need to learn how to earn on it, rather not to be greedy , take any profit, and not wait for the price to go to the moon , because it can not fly there and fall very low.

[mksundip]

all depends on the law of demand and supply, so I think bitcoin is still very difficult to predict, especially the nature that is very different from the stock

[guoyu78]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

Because there are no indicators that can predict the number of people who sell a lot of coins all at once. There was no indicator that showed mt.gox will be hacked, there was no indicator that said bitcoin is going to 20 thousand dollars, there was no indicator when china banned bitcoin, there was no indicator that Craig would sell a lot of bitcoin at once in order to fuel his satoshis vision coin.

These are all "out of nowhere" stuff that affected bitcoin price that we couldn't ever known beforehand. All these people who keep on trying to do predictions about bitcoin price are probably new people or people that want to look cool or something. No one in the whole world could know the price a minute from now because some crazy stuff could happen and we would all watch it in awe.

[Stervyatnik]

Bitcoin price depends on the level of its capitalization, so it will always be unpredictable price!

[derihendra]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

what you say is true, up and down the price of bitcoin, that's normal, everyone wants to buy and sell bitcoin, so the price of bitcoin goes up and down

[alan2here]

Bitcoin price depends on the level of its capitalization, so it will always be unpredictable price!

Bitcoin values are constantly changing and we can not determine which price will be the lowest and highest price. This market is currently very risky and any investment that may cause you to lose money quickly. It is advisable for you to be calm and not to buy any altcoin if the market has not yet shown signs of uptrend.

[chakhigh]

Despite all the factors stated in this thread, I see backing Bitcoin and crypto price in general with precious metals, like Gold, is very effective in dealing with the volatility in bitcoin price. This way, we can see a stable price in Bitcoin for the long-run. Gold has known for its stability in price. Here comes the Gigzi project with a unique ecosystem and strong backing for crypto. https://gigzi.com ..

So, yea, when it is unpredictable, we can definitely make it more stable!

[khufuking]

What is the age of Bitcoin! We are still far away from achieving a stable Bitcoin, what we are seeing now will repeat again and again until finally the market mature enough, right now the market can be manipulated very easily and this is not with Bitcoin only, it is the same case for all other coins, and as long as this is the situation then nothing will change. We will see a lot more swings up and down in the upcoming years maybe even till  2022.

[Xiroartoni]

Bitcoin will always remain the main currency against which other altcoins will trade. First, it is the very first currency with which it all began. Secondly, many players are interested in buying it, as its number is limited. Third, a large number of programmers work on the security of bitcoin. At the moment, the market is fighting for this asset. Large investors periodically manipulate the price, so that later they settled a huge number of these coins. They do it smart enough to keep the market alive. Without their manipulation, the market will simply cease to exist. This happens absolutely in any market in addition to cryptocurrencies. When trading, the main thing is to act according to the strategy and then you will always be with your savings.

[Hoxysado]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

i think it is happening because bitcoin and other coins are not stable it is in their nature and we can not do anything about it

[Hoxysado]

Bitcoin will always remain the main currency against which other altcoins will trade. First, it is the very first currency with which it all began. Secondly, many players are interested in buying it, as its number is limited. Third, a large number of programmers work on the security of bitcoin. At the moment, the market is fighting for this asset. Large investors periodically manipulate the price, so that later they settled a huge number of these coins. They do it smart enough to keep the market alive. Without their manipulation, the market will simply cease to exist. This happens absolutely in any market in addition to cryptocurrencies. When trading, the main thing is to act according to the strategy and then you will always be with your savings.

in my opinoon coins like btcoin will always be that way because it is liek the economy system works so we need to accept this

[bamb]

Bitcoin will remain unpredictable until it matures and developed! The bitcoin is still rarely new powerful payment system based on blockchain technology, the growing pain is what we see as volatility and as bitcoin develop, the issue with bitcoin get solved and adoption market become bigger!

[Naficopa]

Like every free market, here the price is based on supply and demand. The price of Bitcoin depends on users and speculators. When interest in Bitcoin grows, its price will also increase. Unfortunately, but it is almost unpredictable. In most cases, it is based on the belief that technology will develop and that the price of BTC will increase.

[rozak]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

yes because bitcoin is volatile where prices can change significantly over time making it difficult to guess easily. we can predict what bitcoin will look like in the future, but not necessarily what we predict is exactly what we expect.

[Miminaha]

In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

because it is what bitcoin is unstable and still prpfitable cryptocurrency thag can bring 6ou a lot of new opportunities now