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Hanuman

Why bitcoin price fluctuate in global ?

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btc price is determined by market (ask and bids) but the qesstion is what make the people buy or sell? Many things. In 2017 price droped a lot cos fake news about china bann. Panic sells panic buys make the crypto worl like a rollecoaster

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Bitcoin deals change across the globe, considering that day-to-day furnish economy call for varies with the help of Bitcoin deals a result of standing of this economy, frequently whereas hacking through Bitcoin, typically the call for for the purpose of Bitcoin enhances and then the charge enhances.

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Speaking with colloquial words, we could say that the price of Bitcoin is worth what people are willing to pay for it. That is, given its digital and decentralized nature (it is not regulated by any bank or country whose regulations or conjunctural factors could influence or determine its price) the only factor that determines its value is the one established between supply and demand. that are affected globally by events in daily life.

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Bitcoin price fluctuates in global because it is still in development phase and nascent stage. There are many news and rumours around the legality of bitcoins. Common man is getting to know about bitcoin and thinking about investing in it.

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Bitcoin prices fluctuate like any asset, it is the law of supply and demand. It also depends on how the information is handled, fear or madness are common in these times and the markets handle this very well.

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It is almost always supply and demand in the market, with BTC there is a lot of price speculation because it is a digital asset, however atypical things can happen, such as the great sale or purchase of a whale. News or global phenomena can cause corrections.

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Everyone talks about a Bitcoin explosion. It would be nice to dream of a time when $ 1 = 100 satoshis, which would mean that the price of BTC would be around $ 1,000,000. This moment may come in the not so near future, or perhaps this is all one big bubble and tomorrow its utility will be reduced to zero. We pray that this last option never happens.

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On 2/18/2020 at 1:12 AM, Hanuman said:

One reason why bitcoin may fluctuate against fiat currencies is the perceived store of valueversus the fiat currency. ... It is governed by a design decision by the developers of the core technology to limit its production to a fixed quantity of 21 million

The finite amount, the control of the hashrate and its store of value are the reasons to keep a bitcoin safe over time.

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Yeah Al that sounds pretty crap to me, Looks like Bitcoin coin is up and down. Bitcoin is one of the best ways to make a profit with a small investment if you want to make a huge profit

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Simple comparisons alone, the number of support and backers of bitcoin is dramatically superior than any other crypto currencies. The number of adoption and integration, is also obvious that bitcoin's superior.
These reasons alone already proves that it's never going to be easy to replace bitcoin.

But bitcoin will surely be replaced by another crypto, but not today. There's someone/some group bound to make a better crypto but it's probably going to happen in the next few decades.

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On 2/18/2020 at 2:12 PM, Hanuman said:

One reason why bitcoin may fluctuate against fiat currencies is the perceived store of valueversus the fiat currency. ... It is governed by a design decision by the developers of the core technology to limit its production to a fixed quantity of 21 million

Yeah. Bitcoin prices fluctuates because of the supply and demand. When bitcoin supply is high the price gets lower and when bitcoin supply is low the price gets higher.

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Bitcoin prices fluctuate around the world because it is not a stable currency. And it is an online currency that does good and bad.  But if you can leave Bitcoin and sell it if the price goes up, thank you.

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In general, market fluctuations are due to commercial instability at a global level or movements of large amounts of Bitcoin, another factor that can affect the price is the liquidity offered by altcoins, if someone exchanges a lot of ETH for btc, they can return  unstable to the market.

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Probably too much demand and we also already know that fact the bitcoins are limited to around 20mil more only thats why we better off waiting rather than join to those people who are demanding bitcoins as they will back out soon enough because they will realise that its pointless.

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The fixed supply or how it is called more technical, designed scarcity, means that Bitcoin is an asset but as a currency it may not reach the adoption of a national currency. The reason is that a national currency must serve continued advance of development and increase in GDP, for this to happen a strong currency will mean less development and more stored in bank accounts, making the economy lag.

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The limitations of Bitcoin make the price of Bitcoin go up, because supply is small while demand is high all over the world. This is what makes the Bitcoin price fluctuate around the world, everyone can buy Bitcoin with any fiat currency. But you need to pay attention to the purchase price at the right time.

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the total supply of fiat currencies can also increase at any time. While Bitcoin has a total supply of 21 million.it fluctuates depending on the demand for it in the market.

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The price of bitcoin fluctuates globally due to the limited number of bitcoins and Bitcoin has a sale value for every fiat currency in the world. Not only in USD but all fiat currencies from any country can be converted into Bitcoin. That's why Bitcoin prices differ depending on the type of fiat used.

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Bitcoin is a virtual currency.  And these currencies always fluctuate, the price of which is always volatile.  The total supply of Bitcoin is 21 million.  Bitcoin's supply is slowly running out.  Fiat money is stable, and Fiat has no limits.  There are many more cryptocurrencies, including Bitcoin, that always fluctuate.  The reason for the rise and fall is that the coin is always sold, the sale decreases and the purchase price increases

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Do you wanted to mean that why bitcoin price  get volatile??  If you meant so then i can say bitcoin demand available  in whole worlds while volatile  the bitcoin price  easily due to buy and sell ..  But a thing always  interesting  that bitcoin price  increase mean all the usdt price decrease  or etc.  Usdt holder always  get profit.. 

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Bitcoin costs vary the world over in light of the fact that the ebb and flow one is that Bitcoin has a cash at the top where the money goes down somewhat, at that point it goes down to the sea.In request to productive in this industry you need to screen this continually.

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On 2/18/2020 at 8:12 AM, Hanuman said:

One reason why bitcoin may fluctuate against fiat currencies is the perceived store of valueversus the fiat currency. ... It is governed by a design decision by the developers of the core technology to limit its production to a fixed quantity of 21 million

The price of Bitcoin rises and falls according to the amount of demand and supply for these cryptocurrencies, as the price increases when the demand for it is great and decreases when the supply increases for this currency. We have to learn useful information and learn from the markets @Hanuman

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This fluctuation in the price of digital currencies occurs based on the supply and demand to which the currency is subject, as well as the control of whales who have large amounts of currency. This has a role in determining the price too.

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All assets are fluctuating and are moving according to supply and demand rules. The crypto market is not something different. There are some stablecoins that limit price to be pegged to the dollar but the other coins are traded and there is speculation in their price.

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Indeed Bitcoin is limited unlike any other crypto, whose team is able to double it any time. In fact it is the rareness of the Bitcoin and the difficulty of the halfning process and it gets more difficult every time, are what makes Bitcoin very precious. There are not enough amounts of it to fulfill people's increasing desire to obtain it and this makes the price goes even higher.

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