Why is the price of Bitcoin not stable?

[princessgirl]

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.

[Warung_lontong]

it is absolutely true that the price of bitcoin will never be stable, and I think bitcoin is a bubble, and that is much influenced by popes and positive or negative news.

[Marivic27]

it is absolutely true that the price of bitcoin will never be stable, and I think bitcoin is a bubble, and that is much influenced by popes and positive or negative news.

  I think it is not stable because the bitcoin price is really depend on the volume of investors that buy or maybe dump the coin. Bitcoin is not depending on the government's or maybe institution that is why no one can really dictate about the bitcoin price. Bitcoin is really unstable and we need to be more temperate about the price so that we can gain a huge amount of profit and not to lose our capital money from our investment.

[anshor1]

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 there ade several reason why the price of bitcoin is not stable. It is high volatile, bitcoin demand is not so high and there are many negative issue.

[Lucky Stone]

Why does bitcoin be unstable? in my opinion because of the bitcoin itself is fluctuating so that moving cannot be ascertained, moreover, bitcoin is not set by a specialized agency so that its movement depends on owners of large capital looks like.

[Eben]

It will be very difficult to obtain stability in crypto currency since there’s no regulatory body and it’s stability mainly depends on holders and how the market is doing. Their values will therefore keep on fluctuating but let’s hope it recover from this downward trend and rise higher.

[Fenix]

Decentralized cryptocurrency can never be stable. Its price is formed solely on the basis of the ratio of supply and demand, and they are never constant. The demand or supply of cryptocurrency is affected by a very large variety of different factors. Therefore, the price of cryptocurrency will always be changeable.

[Joe Taslim]

Trading conditions in unstable prices, this is a very reasonable condition. Since this is a trade that are affected by many factors such as much negative news about Bitcoin. And most of the investors they abandon trading because of many scams.

[dekafee79]

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.

There are many several factor why the price of bitcoin is not stable. The negative issue and several governments bans bitcoin. It will affect the demand of bitcoin.

[gribble]

why is the price of bitcoin unstable? in my opinion because there are many negative problem factors and some governments prohibit bitcoin and that will affect bitc requests. The volatility of bitcoin is good chance to getting more of profit especially if you are talking profit from trading alternatives coins on the exchangers, some people said volatility is bad but the other people said that it is good for increase our money in cryptocurrencies.

[Arendra]

Bitcoin will never be stable because the nature of bitcoin is volatile. But from these changes to take advantage. For example, when prices go down, we can take coins at low prices to get high prices in the bull market.

[Hard effect]

Bitcoin prices are never in a single condition and it does not have to decrease its price but in the meantime many of us should buy when prices are low when a price is high and then sell it, we got some benefit in it.

[babu10]

Yes, i think maximum BTC buyers and sellers came to crypto market just to take profit. But they don't have strong mentality against BTC because when market gone to down they fear about market and sell all their tokens. result is market got down again and again. But if they had positive mentality they hold it and market also stabled.

[Hadley]

Because there still many whale and shark trying to manipulate and make arbitrage for maximize their profit. If Bitcoin price is stable then they can't earn big profit from this market.

[Omah karpet]

there are many problems why bitcoin is now unstable from lack of investors, one of them and a sluggish market, all of that therapy is only while bitcoin is going to slowly rise and stabilize again in the future .