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Why is the value is increasing and decreasing....... Why the value can't be stable its value as been changed a lot, why it is so... Is there any reason for that
This is really because of the price being tied to the law of supply and demand. The more usage and the lesser coin supply remaining the higher will be the price which means that anytime when people would sell or buy a change in the value could occur due to changes it the volume of coins being used or is supplied to the users. Where demands and supplies change the value changes as well.
because many things are behind it, many investors are tired of waiting for bullrun also one of the causes, because if seen, after January bitcoin prices continue to fall until now, investors may sell their assets.
Quote from: emma.lee1890 on September 29, 2018, 07:33:21 PMWhy is the value is increasing and decreasing....... Why the value can't be stable its value as been changed a lot, why it is so... Is there any reason for thatWe can't expect stable price of bitcoin because this is one of it's characteristics and also the market value of bitcoins is really depends on it's investors and the price will drammatically increase once there's a huge market demand for investment and will decrease also once there's a huge selling of bitcoin.
Bitcoin is decentralized and not regulated by the government, changes in bitcoin prices are connected with demand and supply on the market, and with that the price of bitcoin will continue to change.
Crypto is a very volatile market and size is very low compared to stock market so there are big fluctuations in price after every good or bad news came.
The price of bitcoin is affected by so many factors an works basically on demand and supply. Ones more people begin to dump their coins, the price goes down and the price goes up when more people hold their coins and the coin become scares
In the market, nothing is stable, even the stock market and the forex also. Bitcoin is only have price amplitude larger than its predecessor because it is new and the market cap is too small.