Why is the price of Bitcoin not stable?

[MOProgress]

I think it is because it is been traded, and for the market goes up and down, I believe it cannot be stable 100% it can only range within a price.

[gribble]

Why is the price of bitcoin always unstable? because in my opinion the price of bitcoin itself fluctuates so that the displacement cannot be ascertained, moreover the bitcoin is not regulated by a special agent so the movement depends on the volume of investors who buy or maybe sell coins.

[bhm45]

Price fluctuation with bitcoin is a common factor, but what an user needs to focus is the end result. Here with bitcoin after price fluctuation gradually the price moves forward towards growth than going downwards. Based on the fact the fluctuating feature is the one that makes bitcoin more of a potential asset.

[Bobcrypto]

And one of the reasons Bitcoin is unstable is because Bitcoin in the world is owned by a few group of people, probably the early adopters. This means that a single person could decide to release huge amounts of Bitcoin into the market at any moment, completely upending its value.
Also, the price of Bitcoin can also change drastically as countries and financial institutions adapt to the idea of cryptocurrency. For example, when one of South Korea’s biggest banks tested out the technology it caused a spike in value. On the other hand, when China announced plans to crack down on sketchy Initial Coin Offerings (ICOs) the value of Bitcoin dropped, and the same thing happened when a South Korean government official said the country might ban cryptocurrencies altogether.

[Oduvan]

Bitcoin price is not stable due to the level of capitalization, which is constantly changing, with the result that we see constant changes in the price of a coin.  But it seems to me that governments do not really try to ban Bitcoin!

[DAMKAR]

The value of Bitcoin is not stable because it is affected by many factors on the market. The attitude of sellers and buyers towards Bitcoin affects it price, thus the willingness and readiness to trade Bitcoin at a certain high or low price determine the price. Also, the FUD created by the governments by banning Bitcoin in a certain country affects Bitcoin price. Exchanges attacked by hackers also affect the price of Bitcoin.

I think It is normal mate,  If the price of bitcoin is not stable.  Because Bitcoin is decentralize platform.  No one can control bitcoin over.

[Hallet]

Because we still not yet have anythingn to control this market and big investor are alway try to dump Bitcoin so that they can get more profit from their investment

[MOProgress]

I think the price of cryptocurrency cannot be stable, because it is been traded and in as much as it is traded, it cannot be stable.

[Dynamite]

Everything is bounded in the right time.
There are more works to do.
There are more aspects to consider.
There will have change every time.
There are always changes that make the flow more interesting.
I think we cannot change the construction of crypto movement.

[Hallet]

Because too much people trying to manipulate Bitcoin price for their profit purposes and they really don’t care about the rest of market