What makes Bitcoin price fluatuates throughout 2019

[leader2704]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

[sana54210]

I think the biggest reason when it was going up was that price was low for so long that even the slightest increase helped it go up. People were sick of waiting and there was really not many sellers left, you have to understand in order for bitcoin to fall there needs to be more bitcoins being sold on order books going unbought than bitcoins on buy orders that is getting unsold, so at the end of the day there was a lot of fall and a lot of panic but at one point people stopped selling because it was too low.

However, after it moved so highly so fast it became apparent that some people profited a lot from it and than they started to sell to cash out their profits which made it go down only a bit. Right now we are at that level, where people sold and people bought all at the same year.

[Febo]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k.

Ponzi schemes exist more then 100 years. I dont know what are you talking about of early 2019.  Just google the term to learn more.

[omonuyak]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

It is a bad thing that bitcoin should be growing on the platform of Ponzi scheme as most of them cannot even last more than 5 months! Bitcoin may make Ponzi scheme investments easier but that do not mean that is why bitcoin keeps growing in pricing. Some of us has been in this market and the fluctuations or volatility is there because people will always like to take profits by the up and down of the market.

[bustedsynx]

Just like in all markets, prices fluctuate because of people buying expecting to sell higher and of people selling to take profit or to cut losses. The huge volatility in Bitcoin is partly caused by the ability to short sell it.

[hosseinimr93]

The reason of price fluctuations is much more simple than what you think.
The price is affected by whales and news. Whales usually act in same direction with news and some times, they surprise the people.
I don't know which Ponzi projects you are talking about. There are always some Ponzi projects. But their volume is not that much to affect bitcoin price.

[STT]

Use chrome for a spellchecker built in to save embarrassing mistakes :p   Lucky this forum allows corrections on posts

BTC is fluctuated mostly by

Its a free market, its altered by many things.   We have this as the news headline and the idea these are sellers and the price will go down from these sellers.   The story is always two sides with the buyers also in the market part of the reason for the price to alter up or down.
   I can only presume if the price is in any decline its because we have a few buyers then sellers right now but this doesnt really reflect on BTC long term.   The market operates and gives those who need a price an available fungible liquid return of value to their Bitcoin.   Every day that happens its a positive for Bitcoin, its part of what we underestimated as a great positive for monetary value in Bitcoin in the early days.

I'm trying to think of how Bitcoin is responsible for the negative news but I'm not hearing it.   Dollars and many currencies are used for all kinds of illegitimate enterprise, eventually it falls over and the money circulates once again.   The main problem FIAT currency has is that the issuer of notes itself is involved in the bad debt hence the whole system there is compromised.   Bitcoin blockchain or mining or protocol developers were not involved in this corruption, so I dont see more then short term disruption and flow of bid offer orders.

[JohnBitCo]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

Ponzi systems exists in every year and I do not see anything special in 2019. Also the bitcoin prices are never stable and the main reason for this is the whales who will never want the bitcoin prices to be stable.
I think the bitcoin prices will continue to fluctuate until the bitcoin is regularized in all the countries.

[freedomgo]

That's alright, these ponzis should stop and I would accept if it affects the market temporary compared to let it grow and will suddenly dump because these scammers are arrested. It's part of cleaning the crypto space, with the authority more active to go after the scammers, this is a good sign of a better future.

Bitcoin fluctuates, that's normal since this market at its early stage now is dictated by speculation, and we know that rampant manipulation is happening, therefore we should know how to deal with it, and getting panic is a bad move.

[ethereumhunter]

That could be true. I remember when MMM launch and use bitcoin as the payment. The price starts to increase because people want to join in that MLM. Obviously, that trigger the bitcoin price to a higher price because people don't care about the price, but soon, after the MLM collapsed, they don't buy bitcoin, but that doesn't mean bitcoin price is reduced.

I think after people lose their hope in the MLM, the price seems to be stable for a while. But now, I am glad to see bitcoin price can back to $10k again although we already touch $12k. I am sure that soon the price will increase more than now and hopefully, the price will hit the highest price again.

[sana54210]

That could be true but at the same time bitcoin doesn't really need a reason to fluctuate, it has always been a very volatile currency and the price of it has changed insanely in the past 2 years. Just in this past 2 years it has moved from 1 thousand dollars to 20 thousand dollars to 3 thousand dollars to 10 thousand dollars.

For a currency that moves that much I think it is not really that shocking that we had this much movement because that is something we should have expected from bitcoin, we have to get used it to by this time. Nevertheless, having bitcoin move this much of course makes a lot of changes because people don't know which direction it will go next hence they are really just focusing on not losing money instead of trying to win which causes some sort of panic mode.

[Wilhelm]

FUD and FOMO 

[Oilacris]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

I do respect your views but I would say my part.Ponzi scams of this year isn't really that worst compared into these years 2016-2017.They are more rampant than on this year.

Its true that they can bag out thousands of BTC but those are not enough to dump the entire market as a whole.Fluctuation reason is unknown anytime because we would know if there are whales who do sell off huge bags or some intentional manipulation.No one knows.

[btc_angela]

For me it's just the supply and demand paradigm. But behind that, news is one powerful tool that can either affect the price in either direction. If there is some positive news around, the price will go south and everyone is very happy seeing their portfolio grow. But when someone posted a news and traders panics and immediately push the button, then the price will tank and fall dramatically.

[Herbert2020]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k.

haha, it is so funny how newcomers sometimes think when it comes to bitcoin price.
this dude thinks something that nobody has even heard of before the news sites started talking about it and making it big a couple of days ago is the reason why for the past 8 months price has been rising
not to mention that the amount of money that went into this scam wasn't even big enough to cause a 5% rise in bitcoin price let alone 366%....

[SquallLeonhart]

2019 is not even the year that bitcoin fluctuated the most, to me, it was even more stable this year than 2017, you just did not notice because we also had the main bull run then, bitcoin has also had lots of fluctuations in the past also if you check through its history, so I think this is normal because we have the bears and the bulls operating the market at the same time, with different motives and thoughts.

As we speak now, we have some people on their system deciding to cash out their fund, while some are deciding to put in fund, who wins depend on the number of people that are thinking alike and also act alike at that period and that amount that is also involved at that same period and then the circumstances that is also affecting their decision then, so this will always cause lots of fluctuations, but we have to just study how we can take advantage of any of it to ourselves.

[Reid]

Who are they?
Can you point us to someone or a company who did it? Just intrigued about it.

Is it really that reason into why bitcoin fluctuates that much this year?
I am seeing a lot of people who are now thinking to diversify their investment and bitcoin is one of it.
Imagine a $1000 per user who will come in and buy bitcoin just to hold it for a long time and let it get more value. That will be a lot of help for bitcoin not to be dumped that much.

[exstasie]

Who are they?
Can you point us to someone or a company who did it? Just intrigued about it.

Everybody is pointing to this Plus Token scheme in China. It looks similar to BitConnect, but on a bigger scale. The operators recently exit scammed. They are supposedly dumping on exchanges, but no one has any proof of that. The whole "dumping on exchanges" bit was classic FUD from the looks of it.

[Harlot]

You cannot just simply connect or blame it all to the criminal industry for the reason why Bitcoin or the crypto industry is fluctuating all throughout 2019 or for any years before it. Because simply they are just one side of the puzzle and cannot simply be the only reason why the sudden price shifts we are seeing now. We also have whales offloading their positions or traders trading profits on the same price target and we also have them pumping its prices. We also have other news that can simply trigger FUD and FOMO to trigger price action. Simply blaming it all to the criminals cannot justify the extreme volatility we are facing now.

[btc78]

The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

Have some proofs of these accusations?you have mentioned Asian countries means you have ideas about such so better put it here.
And why about Ponzi?for how many years those Ponzi’s has been operating already in crypto so why it seems that there’s a new one?i don’t get it
And people in crypto are knowledgeable bout these Ponzi they can’t have another victim here now