Why does the price of bitcoin fluctuate so much

Most currencies will fluctuate in value against other currencies based.All else equal, the market may take less time to recover from the latest sell-off than from the one that took place in December 2013.It is very difficult to speculate the price since the volatility is so high,. so I think it does not matter if Bitcoin price.In this scenario, Zivkovski said shorts would have likely risen sharply as a sign of future expected losses.

Bitcoin is so volatile because most of bitcoin users are trader, this is a new concept of a payment system and bitcoin still not spread evenly.In case of bit coin, volatility is more visible because of increased number investors in it.

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Though hovering at a press-time total near weekly highs, the price of bitcoin has been on the move over the past few days.

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.But it is not a problem because it is also a positive thing for trader to gain profit.

Technical analysis suggests rangebound trading may be on the way.So Bitcoin should be. that the price of Bitcoin will go up.Download Now: CoinDesk Launches Q2 State of Blockchain Report.

Why Bitcoin is a New Asset Class. its market value should fluctuate independently of other assets and exhibit.And after the price goes down, this is the time where majority of the traders will buy until they made the supply low.

Imagine how things will be when the entire world buys and sells through one single orderbook - it will make sure that the volatility that we experience with current severity, will be something of the past.Sponsored by Private Internet Access, a Bitcoin-accepting VPN.Review our cookies policy for more details and to change your cookie.And that it the cycle on why bitcoin is so volatile. This also happens to gold but it is not that volatile because it has been established for a thousand years.Paul Krugman set off a new firestorm this. these features mainly explain why Bitcoin as a payment platform is so.

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Well bitcon is so volatile because is a currency that the volume or market capitalisation is still low as compare to most of the currencies in the world whose volume are so high to extent that no single event has significant effect on it value.

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Whenever people invest a big amount of money in bitcoin it rises up, and when people withdraw a big amount of money it drops.Not everyone is intimately familiar with the ins and outs of blockchain and Bitcoin. So. What does the Bitcoin price. and why blockchain technology can change.

The demand of the people nowadays to the bitcoin is so high and it is the reason why the bitcoin today is expensive.As many others have said here, the decentralized nature of the bitcoin is part of the reason for the extreme volatility.That is about the same theory I have: there are too many emotions in bitcoin.

Bitcoin - Wikipedia

Why is BTC-E Bitcoin Cheaper and Lower in Price Than. eventually anyway, but MtGox has so much volume, Bitcoin,.It is volatile because its market demand changes from time to time.Further, Vinny Lingham, an investor and entrepreneur, provided a more specific forecast, projecting prices will be range bound until after halving day.

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Bovaird II is a financial writer and consultant with strong knowledge of securities markets and investing concepts.

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Generally this is the reason of the volality, but the demand of the users is technically affected by many factors.