Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
It seems that you are totally new to Bitcoin world. Bitcoin is never stable, you need to look at current events and read around the forum and draw conclusion whether prices will rise or drop, see it depends on the demand and supply factor. Then the global events also play a important role in the price supply.
Bitcoin is and always will be very volatile, but this does not mean having to give up his purchase. If you look at the chart of growth rates you will see that every year the price of bitcoin is increasing. This trend will persist for a very long time so you can buy it at any time.
so i should buy bitcoin at this point or when the value reduce.
Every one will give you a mix reply, as one can see from the price, it's coming down, but then again Aug 8th event may push it up, watch it around for a while, it may just shoot up, and later come a little down.