Quote from: chaosknight on October 08, 2016, 12:06:04 PM

Quote from: rinhunter on October 08, 2016, 11:58:03 AM

Quote from: yndye on October 08, 2016, 11:49:27 AM

Quote from: guddu raj on August 24, 2015, 09:01:32 AM

what problem do you have in bitcoin.

That would be the big fluctuation of prices because the volume is not that big compared to forex so a person who holds a big amount can move the market if he wants to and a fluctuation of more than $100 is very possible in just minutes especially if there are fortuitous events. It may work in someone's advantage if he buy something and then the price suddenly shoot up because of some event or announcement so he will gain a bigger profit while most of the time if an event happen like hacking the price will dive and then those who bought when the price is still on top would have bigger losses so it would be a disadvantage. So that is my problem with bitcoin because the price is not that stable yet.

Yes it happens because nobody regulate Bitcoin, it all depends on the market and for me it is not really problem in Bitcoin. I think that's what makes Bitcoin become popular.

Agreed, price fluctuations make bitcoin more popular as it allows people to make regular profits and I don't think people would be treating it as an problem, in fact its an opportunity to make profits.

For traders, price fluctuations help to make regular profits, but people who don't go for trading may be worrying of these fluctuations. Because they may not be knowing why changes happen and will worry only that they may lose their money if prices go below more. But we no need to worry about these short-term fluctuations because in the long run bitcoins will give good returns.