Quote from: Btcmaeng18 on October 07, 2018, 01:02:20 AM

Quote from: iamjher on January 19, 2018, 02:37:44 PM

As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.

Bitcoin price will not down as zero, volatility is always happen so its normal in the crypto market.

Volatility is not something that just "always" happen on the crypto market since Bitcoin is already and will be the most volatile crypto currency in the history. With a lot of investors and people using it, there is no way it will become stable for a long time.

It will not go to zero, that is obvious. As I've said, Bitcoin has a lot of people and investors and Bitcoin's price is dependent on the them since the more the transactions are, the higher the demand of Bitcoin and the higher it's price is. The proof of volatility of Bitcoin is it's price chart. If you will be looking at the price chart, there is no straight line that you can see, all you can see is mountain ridges all over the place.