Post
Topic
Board Economics
Re: Why Is Bitcoin's Value So Volatile?
by
ss890
on 29/10/2017, 06:00:26 UTC


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.



Yes because of decentralisation investors can buy and sell bitcoin at any time, and in any amount! That’s very important reason for its market to fluctuate in such wavy pattern. The upwards movement that we see in the bitcoin market is all about new investors coming into play, bitcoin gaining more and more popularity each day and also few of the good news such amazon accepting bitcoin etc. push the bitcoin market a lot. In between we see the fork which are reason why it goes down and so on.