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Hanuman

Why bitcoin price fluctuate in global ?

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Bitcoin price fluctuates around the world because people perceive bitcoin in different ways everywhere. For example some countries who have bad economy will consider bitcoin important for them and the price will be higher there 

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Bitcoin actually grows and in price and falls, just basically on the us factors of the necessary demand and supply and that's how we have fluctuations in prices as when demands gets high and when demands gets low

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Crypto market has great kind of volatility in term of crypto market because this is financially strong enough market bur no good for those investors who have not information of current situation of crypto market. And we need only gave planning for crypto market traders. 

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Bitcoin price fluctuates in cryptocurrency ad a result of high demand and such supply that makes it very volatile,and this fluctuations brings more Profits to traders

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I think the reason of the Bitcoin fluctuating around the world, because is the most preferable by many biggest investors in the cryptocurrency market, also every day there more people who interested to invest on it than in fiat money.


 

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if i am personally to suggest the actual reason behind the price fluctuations of the bitcoin i would suggest it be as a result of the engagement of people who know less abot crtpto currency exchange taking part in it durring this lockdown period creating and unfilling thier demands 

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Currency prices fluctuate significantly and on a daily basis, and it is up to the value of the demand to buy and sell currencies, so I think that bulls and whales can control prices when they fall and rise


 

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On 4/24/2020 at 5:15 PM, tienda said:

I think the reason of the Bitcoin fluctuating around the world, because is the most preferable by many biggest investors in the cryptocurrency market, also every day there more people who interested to invest on it than in fiat money.

It might be due to the population of the people into cryptocurrency and they are yet to accumulate more bitcoin which seems not to be stable due to high demand and supply

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Bitcoin prices fluctuates throughout the world because there are lots of users from different countries and the demand of bitcoin from them reflects the price fluctuations also the investments done by such users impact price positively or negatively globally. 

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On 2/18/2020 at 9:12 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 main reason for bitcoin to fluctuate is we trade with it, so when we trade with it the price will not be constant like stoke market and gold or other trading things, so when users sell the coin then it drops and when they buy it then it rice again, that's it.

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Because it is from different servers and also it is from so many country, each might be having it's price and because of different traders then it will fluctuate.

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Bitcoin was originally conceived as a volatile currency, so it is not surprising that it is volatile, 21 million coins is very small.

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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

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On 4/24/2020 at 7:15 PM, tienda said:

I think the reason of the Bitcoin fluctuating around the world, because is the most preferable by many biggest investors in the cryptocurrency market, also every day there more people who interested to invest on it than in fiat money.

I'm not sure about more people wanting to invest because they don't want fiat money. In fact me and I think that 99,99% of the people involved we are here to make more of these fiat money and make our lives easier. I still hodl an amount in Bitcoin, just in case Bitcoin manages to become some form of dominant currency or I don't know what they even want now after changing narratives every month. What was the last one hard money, tough money? Oh wait it was sound money. Yeah I just want some of these "sound money" Bitcoin, just in case.

Edited by BTC Future

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Yes, this is true that the price of bitcoin is constantly changing because it is a decentralized currency and no one controls its price except supply and demand in the crypto market. If the demand for bitcoin increases, it will lead to an increase in its price, and vice versa.

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Actually fluctuate of price it depend of buying and selling whole world some people buying and selling in same time.

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The Yobit Token (YO) price for today is US $ 1,379.27 with a 24-hour trading volume of US $ 1,592,582. The price has risen to 20.2% in the last 24 hours. It has a circulating quantity of 0 coins and a maximum quantity of 20 thousand coins. YoBit is the most active market that is trading in this currency. 

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Это происходит потому,что он распространился по Всему Миру,и в каждом большом городе каждый знает про него,те кто не знал,покупают его по такой большой цене,который есть на данный момент,ожидая что он взлетит на верх.

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Good morning, as all assets its price goes down or rises depending on supply and demand, what should be discussed is who makes its value rise or fall, it is obvious that many times there are actors in the market with a lot of weight that can influence the quote.

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You will find cash cause i'm prepared a few factors as well as authored lower
Poor Information Damages Re-homing Price
Bitcoin's Recognized Worth Sways
Protection Breaches Trigger Volatility may be the primary a large cause, you will find frequently point.
1 reason bitcoin might range towards fiat values may be the recognized shop associated with valueversus the actual fiat foreign currency.... It's influenced with a style choice through the designers from the primary technologies in order to restrict it's manufacturing to some set volume of 7 zillion.

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Many reasons make BTC price fluctuating :

1) Supply/demand changes; I mean sometimes supply is big (when big amount are put in sell orders), or demand is big (mostly before halving)

2) Whales manipulations : whales are injecting/withdrawing big amounts of bitcoin in order to drive its price into the direction they want

3) News and rumors : when they are positive, it goes up and vice versa

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We could sum up that the price of Bitcoin is worth what people are willing to pay for it. In other words, given its digital and decentralised nature - it is not regulated by any bank or country whose regulations or short-term factors could influence or determine their price - the only factor determining its value is that between supply and demand.

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Mainly because it is a business it is a certain way and as all business fluctuates, in addition to the fact that its value is the number of people who trade with what it can make it fluctuate and the fact that there are a reduced number of these available.

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I think both technical and fundamental factors indicate the rise of the first cryptocurrency. Although in the short term, Bitcoin may decline slightly.

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There are some reasons for fluctuation of bitcoin price.News event that frighten bitcoin holders such as new regulations and geopolitical events that hurt adoption rate.Moreover, the number of bitcoins are limited and is not like fiat which is under control of government

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