Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin's Value is volatile due to its decentralized structure that is why an irregular rising and falling of its value is felt frequently. Though its status so irregular, it seems that it's current status is going all the way up which makes it more recognizable now a days.
NO, I dont think so. I believe that the volatile in the bitcoin price is caused by many different event such as the hard fork, the segwit2x, etc. Moreover, the price of bitcoin is also impacted by the whales - people who are holding a great amount of bitcoin. Sometimes, those people like to dump bitcoin without any reason. They know that they have the ability to cause the panic selling to the whole market