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.
i think the fluctuation occurs because bitcoin market still has a small marketcap so that any policy from the community or some users will give effect to the price and it makes the price quickly changeable, and in the future when bitcoin marketcap is very big because bitcoin is used by everyone of course price change on bitcoin will become slow and no longer fluctuate
This is not a given
If Bitcoin remains primarily a vehicle for speculation as it has been for the last few years, then the growth in its market cap will mean only increased volatility. This is a common mistake or misconception to assume that Bitcoin price will stabilize at higher figures (which is what a bigger market cap in effect means). That could potentially work out if Bitcoin were to be adopted by the real economy across the world as a means of payment, but if it remains to be used mostly for speculation purposes, then there is not a single reason to think that the rise in price could lower volatility. In fact, it will only increase it, even in relative terms (not even speaking of absolute values)