Why is Bitcoin so volatile?

[camren653489 57]

some of the reasons for the unstable bitcoin are affected by news that seems to scare off Bitcoin users, the application of taxes that affect price volatility, with such regulation will cause the currency adoption rate to be slow.

[bucuc342 20]

There are too many reasons that affects the volatility of bitcoin, but I think the "demand and supply" is the prime reason that affects bitcoin much. And so thus the news or media that are manipulating people's mind to ruin bitcoin's image.

[minhl86723 8]

Unlike fiat that the price is determined by how is the country economy status and the government itself Bitcoin price is determined by the social media influence, number of holders, number of transaction per minute (like buy and sell), how much money is entering the market and many more factors that hows the volatile works and its instability

[miran523 70]

Government interfere to Fiat money all the time, to keep it stable, but Bitcoin price only comes from demand and supply. And the personal interest of some big whales I guess High volatility comes more or less from the lack of regulation

[mrbe6436 6]

Now Bitcoins sell whales that manipulate the price and want to bring down the entire market, so to buy bitcoins at cheaper prices. However, their reserves of bitcoins are not infinite, sooner or later the market will rebound. And most likely it will be in the second half of this year.

[manhh7652 8]

Both the behavior and the opinions of investors affect the price of Bitcoin. In other words, when a popular investor shares a positive opinion about Bitcoin or any other crypto currency, it may well grow in price. On the other hand, when Warren Buffett says that "Bitcoin is similar to rat poison", this negatively affects the course of the crypto currency.

[yifnt 666]

Now halving bitcoin occurs for miners and this always decreases quite a lot for bitcoin and also affects altcoin. Bitcoin soon recovered at the end of the year

[sdsonjoy50 886]

Many traders are selling Bitcoin, so the Bitcoin market is volatile. Bitcoin market is volatile even when the price of Bitcoin goes down or high.

[Muphin 459]

Because it always depends on the number of supplies they could get and the demands of the people. So always take a look at the market, decide when will you start investing.

[cryptosix 1643]

Some People want to hide their money in Bitcoin and when they withdraw the price goes down. People are investing large in Bitcoin so the price is always volatile because of the economy that use as per their need.

 

Most of the People got trust in Bitcoin than banks so they are storing their money in Bitcoin. For this purpose the price fluctuates and moves up and down.

Edited November 21, 2019 by cryptosix

[faceless 296]

The gradual change of mining activities, and the movement of investors, the fear the panic the interest is the one that makes bitcoin so volatile.

[ibtismanipun 120]

Bitcoin can become volatile when the Bitcoin community exposes security vulnerabilities in an effort to produce massive open source responses in the form of security fixes.

[Jokeer 648]

Bitcoin is volatile because of the sources of demand and supply for it and at the same time it is still a new currency that is yet to be known to so many people around the world that make it more volatile because of its high demand. The volatility has and will always be here.

[Migo 7946]

If we want to talk about the market then in this case I say that knowing anything about the prices is very hard, you can't speculate just follow it from google that's all

[Slavi 11287]

I think that Bitcoin has such high volatility because most of it is with a narrow circle of people, playing a course they earn good money, it is influenced by the fact that until Bitcoin is officially recognized and we can say that it does not have any rights as a payment tool, therefore the course of his state cannot be regulated so that he doesn’t jump from side to side

[josephrioveros123 698]

The number of users and transactions can make it higher. Because the demands go up. But when so many people are selling their bitcoins. And are not using it on their transactions. I think it will go down. Just like now bitcoin is going down day by day. We should do something to help it goes up. Maybe some are panic selling their coins. But we should hold it as long as we can to hold it's price and you should help advertise bitcoin. And we will be profitable on the industry. 

[khan22 3478]

On 10/9/2019 at 4:10 PM, Art said:

The price of crypto currencies are determined by the demand and supply phenomenon. There are many things that will influence the upward or downward movement of these coins. Also, there's a lot of information out there that will help in deciding whether to invest in crypto or not. You should not allow a person to force you to invest in crypto.

The main thing is that the BTC movement is just the investment and price of the of that coin. If the price of the coin is high then the movement of that coin is fast and you can earn and also loss high if the coins price is low then you can make low money and also you can loss low money.

[CryptoDJ 712]

I think this is due to its number in the world, as other cryptocurrencies usually have a lot of coins in reserve, and bitcoin has historically had very few coins. I don't know if I'm right, I heard it from my friend. Tell me if not.

[Cryptominded 704]

11 hours ago, Duiwj64 said:

all time is the best time to invest in bitcoin, although you are seeing a high price value of these bitcoin, dont wait for the dip because bitcoin price is unpredictable now a adays, so i strongly suggested to buy bitcoin now and dont wait any further because bitcoin price hike soon.

That is not true because if you have for instance bought Bitcoin by the time it made ATH - $20,000, you would be so troubled by now as the huge exposure would be killing you softly. The reason seasoned traders wait until there is a dip like we do right now, is to ensue they are buying at low price as possible. so that they will be in profit as soon as the market starts to recover.

[BitcoinTurk 207]

On 10/8/2019 at 5:43 AM, Art said:

I'm still trying to understand why Btc is so volatile. There is so much noise in the crypto-world, telling me that it's time for Btc to rise. But each time it kept going down. What's the art in deciding when it's the best time to invest in Btc.

The reason is very simple;  There is no authority to which Bitcoin is affiliated, so there is no mechanism to control its price.  Yes, the price can be controlled by large investors, but this is not the control I'm talking about.  For example, I can explain the intervention situation that I mentioned with examples such as central bank interventions.  The price cannot be controlled because there is no central authority, and therefore Bitcoin is quite volatile.

[BitcoinTurk 207]

Just now, herialb said:

Indeed. When there is no control point, the demand controls the price. If someone wants to buy a ton of btc and make it pump, they can. If they want to dump 1 million and make it go to $200, they can.

Yes, it is purely a matter of demand or sales, but it is important to remember that large investors can change the price according to their wishes.  After these price changes, they can create a panic environment and cause inexperienced investors to lose money.  As a result, someone has to lose money so they can make money.

[Sourovdeb890 416]

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[febriyana 934]

That is actually because supply and demand, Bitcoin at first time still have small demand but many supply, so the price is cheap, but now the demand sometimes have big demand and small demand. But the supply is relative same, because the amount of miner is decreased and the difficulty Bitcoin going up. So the reward to the miner is relative same or maybe decreased. But with volatile, Bitcoin is more interesting than stock where regulated by government.

[LuisMex149x 66]

Any time is good, the difference will be how much patience you have when you want to make a bigger profit.

A couple of weeks ago I read that of 100% of people who invest 78% (or a number very close to this) have made profits in favor, the other 22% lost money for not having patience

[Pearls Before Swine 815]

For one thing, bitcoin is a relatively new thing and it doesn't have the same level of liquidity in the market like some big stocks do.  That's the whole reason why the penny stocks are so volatile, because there aren't that many buyers and sellers.

 

But I would be lying if I said I knew for sure why bitcoin's so volatile.  All I know is that it's generally a good thing that it is, since it makes it possible for traders to make a profit.  And then sometimes we get periods like the one we're in right now when the price is stable.  It's a very strange market.