Why The Price Of Bitcoin Is So Volatile
Why The Price Of Bitcoin Is So Volatile



Bitcoin Price Volatility

One of the main reasons why Bitcoin has hit the headlines consistently for the last couple of years is down to the price volatility. At the start of 2017 BTC was less than $1,000 and at one point nearly hit the $20,000 mark before falling back down to settle between $11,000 – $14,000. Other popular cryptocurrencies such as Ripple and Ether have followed similar tends. This will continue over the next few years due to a number of facts which I will talk about below.

New Technology

The Blockchain has only been around for the last 10 years and due to its complex nature not many fully understand how Bitcoin works. Until a better understanding of how this new tech works by mainstream investors, the price will be volatile as it makes it extremely hard to put a value on it.

Financial Revolution

The way that money has been valued and created has been completely changed by the Blockchain and Cryptocurrency. It is not like any other currency or commodity and the purpose of crypto is still a hot debate. Until the regulations have caught up with technological advances, we will continue to see huge price swings on regulatory news that could affect the ability to use cryptocurrencies as they were design for.

Bitcoin Price Stability

One Bitcoin and Cryptocurrencies become mainstream it will help to stabilize the price. It will mean that when a large owner of BTC withdraws, their will be enough money in the pot so that it does not have major effects on the price.

CoinDesk In 2017, Bitcoin ’s value soared from $1,000 to just under $20,000 before dropping down to around $13,000 at the end of the year. Since then, it’s value has risen and dropped sporadically from day to day, dragging smaller cryptocurrencies like Ether and Ripple along with it. If […]

Click here to view original web page at Why Bitcoin’s Price Is So Volatile

Disclaimer for Bitcoin Casino No Deposit Bonus

We are doing our best to prepare the content of this site. However, Bitcoin Casino No Deposit Bonus cannot warranty the expressions and suggestions of the contents, as well as its accuracy. In addition, to the extent permitted by the law, Bitcoin Casino No Deposit Bonus shall not be responsible for any losses and/or damages due to the usage of the information on our website.

By using our website, you hereby consent to our disclaimer and agree to its terms.

The links contained on our website may lead to external sites, which are are affiliate links and if you go through them to make a purchase I will earn a commission. Keep in mind that I link these companies and their products because of their quality and not because of the commission I receive from your purchases. The decision is yours, and whether or not you decide to buy something is completely up to you. Any information or statements that appeared in these sites are not sponsored, endorsed, or otherwise approved by Bitcoin Casino No Deposit Bonus. For these external sites, Bitcoin Casino No Deposit Bonus cannot be held liable for the availability of, or the content located on or through it. Plus, any losses or damages occurred from using these contents or the internet generally.


I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

This Post Has One Comment

Leave a Reply