Why bitcoin price fluctuate in global ?

[gambut_24 98]

5 hours ago, 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

True, I agree with you, some fiat currencies have a total amount of supply that is unknown to the public and tend to be not transparent, the total supply of fiat currencies can also increase at any time. While Bitcoin has a total supply of 21 million.

[Murshalin 10]

4 hours ago, Uttom Deb said:

Bitcoin prices fluctuate around the world because the current one is that Bitcoin has a currency at the top where the currency goes down a bit, then it goes down to the sea.

I do not know why Bitcoin goes down. Because I have less ideas about other currencies, including Bitcoin. However, I hope to find out about this through crypto. I am still studying this subject. Hopefully I'll be able to clean up soon.

[Umm-e-Ammara 5]

Bitcoin is digital currency or prices of BTC is fluctuate with demand and supply of these coins in global market.

[Elis Raph 67]

The value of bitcoin just like other currencies is not static, it fluctuates depending on the demand for it in the market..

[Himal1432 5]

What I mean by supply and demand or purchase and sale requests is that the price of bitcoin varies.

[Cryptominded 704]

7 hours ago, max2020 said:

Bitcoin prices change according to the supply and demand or what I mean according to the purchase and sale requests. Therefore, prices change or fluctuate according to the confidence of the people in the buying and selling.

Another reason why Bitcoin prices changes is change in financial policies, new government, sanctions. Any of the above can trigger excess demand for instance of Bitcoin and before you know it, price would sour in that region as the exchanges and holders become unable to meet up the demand. It happened in Venezuela, Iran and Turkey!

[Symphony 20]

Bitcoin is known for its highly volatile market condition which makes it attractive for whales and big traders that allows them to manipulate the market for their own gain.

[SuperCrypto 7193]

That is why you should not invest in bitcoin or other digital currencies without reading educational lessons about this market, and you should also be familiar with this technology adequately and follow its developments, in order to be exuded of such an investment.

[Symphony 20]

17 hours ago, Seline34 said:

This is normal in the world of cryptocurrencies. It is very important. The price cannot be fixed at a certain value. We hope that the price of bitcoin will rise, as its price is unstable these days.

 

Bitcoin is a volatile market and this makes it exciting for traders since they can easily turn zero to thousands of $ in just a short period of time. Lets just hope it could go up after this 2 days bull trap

[MysteriousIdentity 150]

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 your right because of we will hit the maximum 21 million bitcoin the prices will surely fluctuate especially if the demand will continue to grow. The value of bitcoin will always depend on demand and once the demand will just skyrocket then the value will rise and once the demand will decrease then it's price will also decrease. 

[Symphony 20]

On 2/19/2020 at 5:36 AM, Jone20 said:

The idea of a digital currency without a central authority contradicts any of the governments ’policies, and this is one of the reasons for Bitcoin’s volatility. It is possible to predict that many countries will set some regulations and rules to control the flows and exchanges of digital currencies.

Not necessarily to combat government entities. Since bitcoin is not made to replace fiat and it was made to serve as a new internet money that we can use for online shopping in a decentralized way.

[Jocund 86]

Thanks for information about Bitcoin price. I didn't know why it is fluctuating before reading this thread. I hope that fluctuating of Bitcoin price will be only to the high.

[Sinha 11]

I think that due to virtually all Bitcoin hacking that led to Bitcoin exploration and spending growth, daily Bitcoin prices fluctuate in demand for market sentiment for sale.  In this we may gain and then lose.

[Nil Noyona1 28]

We know that bitcoin is very good coin. We can see bitcoin price is very good. Bitcoin is popular and successful cryptocurrency. Crypto give the opportunity to make bitcoin.day by day bitcoin  price is going to good place.     

[BTC Future 3946]

Bitcoin's price fluctuations is a direct effect of supply and demand. These forces are affecting the price. The case that Bitcoin has a total market cap of 21m is known since the beginning, so it was priced in since the first years of it's existence. Same for the halving events, and basically everything on the Bitcoin code. These are not random events, they are all fixed. So what changes is the demand. If we have more demand, meaning more adoption, then price will rise. If everyone stops using Bitcoin then prices drop.

[Shaza Ahmad 1682]

There are only 21 million Bitcoin currencies in the world, these currencies were mostly mining, perhaps about 18 million, mining will continue until the year 2140, but I think that something is not good in this system, but it was better to mining until the year 3000 and during every hundred In general, 10% of bitcoin is extracted instead of 75% in 10 years, then approximately 25% is extracted within 120 years!

[Whited35 15285]

Here is the basic mechanism for the price.When a trader sells Bitcoin on an exchange, but at a very low amount, the price usually will not change, or will change very little. If a trader is a whale, that is, someone with a large number of Bitcoins make the decisions to sell the BTC than there will be the huge impact in the price. 

[Honny143 13612]

bitcoon fluctuat all  world because so many investors buy and sell in bitcoin every day, so bitcoin fluctuat every day and so many trader use this fluctuation nature and earn some Money, because bitcoin have limited supply and demand high that's why bitcoin prices always up and down.

[babaji 1228]

Bitcoin prices fluctuate because all exchanges agree on a price algorithm, which increase and reduces prices of all exchanges simultaneously. And hence there is not much difference between price in different exchanges. A slight difference might be there, but that is dependent on the volume of business each exchange is doing per day.

[jacker 1095]

The volatile bitcoin price is explained by the increase in the demand and supply of the market, the increase in the demand and supply of bitcoin, but in addition to that, bitcoin depends on other factors as well.

[magd 5231]

There are many reasons for the rapid fluctuation in the price of bitcoin. I will mention it briefly: Firstly, the large number of investors and buyers of this currency, secondly, the large number of websites that promote it and mining operations, thirdly because of the difference in the currency of each country that gets bitcoin and discharges this currency

[kadayakito 765]

Bitcoin fluctuates incessantly, this is not wrong, it continuously increases and decreases. making users elusive, be it the pump or the market's supply and demand. volatility makes it more valuable

[duncun007 3577]

its because bitcoin is always fluctuating no matter if its the weekend or weekday and the buying and selling of bitcoin is what makes it constantly moving up and down.

[Brushless4500KV 4214]

I remember some members in the forum talked about bitcoin turning into a stable coin. I knew that this claim was wrong and now with this huge price fall, there is no one who doubt about the fact that bitcoin is still a volatile coin and has not turned into a stable coin. It has gone down from $10.500 to below $6000! This is almost close to 50% price movement in just a few days! This is something no stable coin can achieve!

 

[Brushless4500KV 4214]

6 hours ago, Metsik0 said:

I absolutely agree with you. My expectations of bitcoin stability have completely collapsed... This fall has hit my heart so much... But even so I believe bitcoin can get back his position as quickly as he can lose it. It's been proven more than once, right? But yeah, I don't think anyone else can tell to us about the stability of a bitcoin now...

Yes, sometimes bitcoin may behave a bit like stable coins but it shows its real fluctuations suddenly and this is why we should not use bitcoin as the storage of value. I'm not worried about the recent falls because I know it will soon recover itself and reach the previous position. It is just a transformation of the market so that more buyers have the chance to join it and then it will rise again and give us opportunity to exit with profit.