Why is Bitcoin so volatile?

[Brand1 1336]

The reason for currency fluctuation in this period is due to the epidemic that affected all parts of the world, so the price has witnessed a significant decline and all currencies are back to what they were previously when treating the virus

[Upright 2688]

When always asking myself of how the bitcoin keeps becoming so volatile day or year by years as the volatility of last year was more better than what has happened of late on the Crypto and bitcoin values

[George10 9932]

In my opinion I think bitcoin'price is volatile because it depends on the role of supply and demand.

[Saboor 511]

The volatility of bitcoin might be cause by one it two reasons, the first one is the demand by the people and how they always support it, the second one is that the market need more imvestment before it can stabilize which will take more time to happen

[IamLeader12 682]

Bitcoin is volatile because a lot of people constantly invest in it + any news about the cryptocurrency is somehow related to it and affects its price.

[NevermindNe 549]

Bitcoin is very volatile because many people buy and sell it every day in huge quantities because it is the first cryptocurrency.

[jamesvince 2389]

Bitcoin is so expensive and volatile currencies. Because this is financially strong and decentralized means no one controls the price bitcoin and altcoins. So market forces controls the prices of crypto market. That is why prices of crypto market are much highly volatile. 

[bentayebsalah 2280]

Bitcoin is highly volatile and this is one of its good advantages
Because it depends on determining its price on the strength of supply and demand, and this fluctuates greatly daily

[tienda 8776]

I think Bitcoin is volatile because there are not limit about how much of Bitcoin you can buy and you sell, so some times we show some biggest amounts transferred to a such unknown address wallet, also we are free to fix our price...etc all these factors effect the volatile price.

[Yomose 3704]

5 hours ago, deboprotap said:

Also many big whales try to manipulate crypto market for their own profit.These are the main reasons.

Whales do try to manipulate price of bitcoin, the manipulation is not directly significant because of bitcoin marketcap, but significant when little price increase makes other investors to invest. 

[Soaib khan 1035]

On 2/21/2020 at 4:07 PM, Razan alikac said:

Yes Bitcoin is very volatile and this is good and useful, because when the currency fluctuates there are greater opportunities for buying, selling and profit.

I agree with you bitcoin is very volatile cryptocurrency in this we can make good profit because in the all market there is no cryptocurrency which are volatile like bitcoin so this is very good for all of us 

[Whited35 15285]

Here are so many reasons behind price volatility for Bitcoin in the cryptocurrency markets. The main factor to cause such volatility is supply and demand ratio and also another factor is speculation. More the demand of Bitcoin in the markets, more will be price and vice versa. 

[BitcryptoHan 2557]

6 hours ago, Whited35 said:

Here are so many reasons behind price volatility for Bitcoin in the cryptocurrency markets. The main factor to cause such volatility is supply and demand ratio and also another factor is speculation. More the demand of Bitcoin in the markets, more will be price and vice versa. 

@Whited35 I do not understand what you mean by speculation affecting bitcoin price volatility. Speculation itself only just deals about bitcoin price volatility, reasons that make the price to increase or decrease, but speculation is not the reason itself. 

You have already said it, it I demand an supply that caused it. And anything that can affect the demand and supply will affect it as well. 

[Yomose 3704]

17 hours ago, Soaib khan said:

because in the all market there is no cryptocurrency which are volatile like bitcoin

This is a wrong statement, bitcoin is not the most volatile coin, coins with low market capital are more volatile than bitcoin, so many altcoins are more volatike than bitcoin. 

[Raqeebzy 6456]

Speculations generally is what affected the demand and supply cycle of the bitcoin market which in turn affects the price and make it so much unstable. Manipulations, Governmental policies, the press which affects the public view and blockchain events have so much impact too.

[Whited35 15285]

6 hours ago, BitcryptoHan said:

@Whited35you have already said it, it I demand an supply that caused it. And anything that can affect the demand and supply will affect it as well. 

Brother, have you clearly got the crux of matter ? Sometimes media hypes give really the bad affects to Bitcoin's price, security breaches can also cause the price volatility for Bitcoin. Still there are so many reasons to take into account. 

[Thekingcallme 1975]

Bitcoin is highly volatile because there is a constant conflict between buyers and sellers and each category wants to control the bitcoin market and this is what makes the currency volatile

[BitcryptoHan 2557]

22 hours ago, Whited35 said:

Brother, have you clearly got the crux of matter ? Sometimes media hypes give really the bad affects to Bitcoin's price, security breaches can also cause the price volatility for Bitcoin. Still there are so many reasons to take into account. 

@Whited35 I am a little bit confused. How can security breached after the price of bitcoin? 

 

I have thought about it but I do not know how this can happen. 

[Whited35 15285]

11 hours ago, BitcryptoHan said:

@Whited35 I am a little bit confused. How can security breached after the price of bitcoin? 

What I really mean to tell there is, if some hackers steals a huge amounts of Bitcoin from the reputed exchanges, investors and traders might get frustrated and they might possibly boy-cut their investment amounts from cryptocurrencies which results price to be decreased. 

[BitcryptoHan 2557]

6 hours ago, Whited35 said:

What I really mean to tell there is, if some hackers steals a huge amounts of Bitcoin from the reputed exchanges, investors and traders might get frustrated and they might possibly boy-cut their investment amounts from cryptocurrencies which results price to be decreased. 

@Whited35 I get your point now, that means because of hacked exchange, user of the exchange that has not yet been hacked can panic and convert their coins to fiats and withdraw it immediately to bank. And with that, the price of some coins can be affected. 

[Whited35 15285]

17 hours ago, BitcryptoHan said:

@Whited35 I get your point now, that means because of hacked exchange, user of the exchange that has not yet been hacked can panic and convert their coins to fiats and withdraw it immediately to bank. And with that, the price of some coins can be affected. 

So I have told security breaches to accommodate all of these things 😊 We are really expecting some sort of advanced technologies to overcome every limitations in the cryptocurrency world so that we might have the best adventures according to a pace of technology. 

[Solex 2262]

Bitcoin is a unique Cryptocurrency and it is so volatile because of speculations, so this speculations is what drives the price to be fluctuating up and down in the market and also the buy-sell cycle is among the factors that lead to the volatility of of bitcoin.

[Moaz 7239]

It is normal for the bitcoin price to be constantly changing between rise and fall because the bitcoin price is directly affected by the supply and demand in the crypto market, There are also some whales in crypto who manipulate the bitcoin price to get the profits they want

[iloveyobit 6599]

The answer to this question is the same as the answer to why Bitcoin is important, the features and advantages of Bitcoin make it the first in terms of liquidity in Crypto.

[SergePhobia 94]

On 13.11.2019 at 11:46, Cryptominded said:

I quite agree with you, but if and when we start having more merchants and institutional traders, the volatility is sure to reduce. For now majority of participants are speculators, who want to profit from every move of the market and they're not particularly interested in the value of Bitcoin - just the profit to make.

BTC is so volatile because of the decentralization of the trading platform, having data stored on computer around the globe, and having bitcoin trade at a different value on each exchange can cause wild swing's on its price.