Why is The Price Of Bitcoin Experiencing Much Fluctuation

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What happens to online prices when the value of Bitcoin fluctuates?

I know this is a very stupid question but I am completely new to the field of cryptocurrencies and this has been holding me off from getting a few coins for myself.

Let's say a service costs me 0.001 Bitcoin a year and the value of 1 BTC doubles/halves over night. Do these prices adjust immediately for the service? I mean in case they do not adjust I'd be paying twice as much for the same thing as before right?
How does this really work?

Again I am sorry for the noobish stupid question but this has been bogging me for a long time.

Thanks
submitted by cybertrac to Bitcoin [link] [comments]

Currently, as bitcoin fluctuates, who is doing most of the buying? Big institutions? Rich people? Middle-class people? Like, where is the bulk of the major buying accumulating these days?

Or is it just impossible to know?
submitted by Dartagnonymous to Bitcoin [link] [comments]

What steps would we need to take to build a crypto world that is divorced from Bitcoin fluctuations?

I am so tired of this nonsense. The value of alts hasn't changed one bit, yet we have all lost massive amounts due to the whims of Bitcoin. Can we start discussing ideas for independence? Off the top of my head-
  1. Elimination of btc, eth, etc. trading pairs completely on all exchanges. Wouldn't using only Tether (or a safe alternative like the new decentralized Maker DAI stable coin) eliminate much of this?
  2. This leads to a real valuation for each alt, not one based on multiplying a ratio by the value of the btc or eth trading pair. Every alt could stand on its own two feet and the value is how much stable dollar value someone is willing to pay.
Basing everything we do on BTC value has to go. Imagine how the stock market would behave if in order to buy other stocks you first had to buy Apple or Tesla stock and everyone kept track of and valued their stocks in ratios with those two stocks. It's nuts! Crypto can never be as strong and stable as we need it to be when we keep doing it this nutty way.
submitted by intertron to CryptoCurrency [link] [comments]

New trader's question: How exactly does Bitcoin fluctuations affect other coins pegged to other currencies? (i.e. smaller coins pegged to ETH or other coins)

Hello! Im trying to figure out how major coins interact between each other and affect the smaller ones, for example when BTC falls it drags down other coins pegged to BTC. What happens though to coins pegged to Ethereum or USDT? Normally they should be unaffected but in effect, they follow the course of Bitcoin(?). Why does that happen? If one could explain the mechanism of action and not a brief 2 line explanation, i would be grateful. Also this is the best way i could explain my question since it seems so confusing right now that i don't even have a straight question figured out... Anyway, thanks!
submitted by ShillBro to CryptoMarkets [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Bitcoin fluctuations similar to Nasdaq patterns in 2000 submitted by nicacryptonewsmagnet to altcoin [link] [comments]

Take advantage of Bitcoin fluctuation to get profits with ProfitTrading App

Take advantage of Bitcoin fluctuation to get profits with ProfitTrading App

Bitcoin cyclical
Although these are hard times for cryptocurrencies, we as traders can take advantage of quick and continuous fluctuation of Bitcoin price. Pay attention to the previous chart.
As seen in the chart we could have placed a BUY order for 4000 and a SELL order for 4300 several times. We can take advantage of that cycling prices with ProfitTrading App (available on GooglePlay). We can configure it to BUY and SELL pairs and repeat the operation continuously. Let’s see how to do it:
  1. Select USDT as market and and write BTC as coin. Then press ‘+’ button and add a BUY operation. Fill 4000 as Trigger Price and Buy Price and enter the units you want to buy.
  2. Press again the ‘+’ button and add a SELL operation. Fill 4300 as Trigger Price and Sell Price and enter the units you want to sell.
Buy and Sell operations to make a cyclical strategy
  1. Press SAVE button to complete your bot. After that, press the “Repeat” icon (the circular button with arrows) to make the bot to restart again when finished to catch all price cycles. Now the bot will start checking prices and placing buy and sell operations for you catching all the cycles that fit that buy and sell prices.

Bot configured to take profits from BTC cyclical prices
Whenever a cycle is finished, you will get a notification with your profits, and you can see the accumulate profits of the bot. By pressing the info button:

Profits detail report

Configure bot with changing percentages

You can also configure your bot depending on price variation percentages instead of fixed prices. Let’s see how to do it for example with a strategy of a 5% price change:
  1. Select USDT as market and and write BTC as coin. Then press ‘+’ button and add a BUY operation. Press “% PRICES” button, so the bot will let you introduce price change percentages instead of fixed prices. Fill the Trigger Price and Buy Price with a 5% and enter the units you want to buy.
  2. Press again the ‘+’ button and add a SELL operation. Fill the Trigger Price and Buy Price with a 5% and enter the units you want to sell.
Configuration with price % change configuration
  1. Press SAVE button to complete your bot. After that, again as the previous example, press the “Repeat” icon (the circular button with arrows) to make the bot to restart again when finished to catch all price cycles. Now the price will calculate the buy price with your defined percentage and the current ASK value. When your BUY order is filled, it will calculate the SELL price with the BID price at that moment and your sell defined percentage:

Bot configured with % change price
That’s all! Take advantage of high Bitcoin fluctuation and get profits easily with the ProfitTrading App bot. Configure once and just wait for the market to cycle.
Please, share this post and visit our website https://profittradingapp.com/ and our Youtube channel https://www.youtube.com/channel/UCJCsr7loTrq9ASdSPO4ts4g for video tutorials and subscribe to receive new videos.
You can download the app now on GooglePlay for the most important exchanges.
Thanks!
submitted by ProfitTradingApp to u/ProfitTradingApp [link] [comments]

Take advantage of Bitcoin fluctuation to get profits with ProfitTrading App

Take advantage of Bitcoin fluctuation to get profits with ProfitTrading App

Bitcoin cyclical price
Although these are hard times for cryptocurrencies, we as traders can take advantage of quick and continuous fluctuation of Bitcoin price. Pay attention to the previous chart.
As seen in the chart we could have placed a BUY order for 4000 and a SELL order for 4300 several times. We can take advantage of that cycling prices with ProfitTrading App (available on GooglePlay). We can configure it to BUY and SELL pairs and repeat the operation continuously. Let’s see how to do it:
  1. Select USDT as market and and write BTC as coin. Then press ‘+’ button and add a BUY operation. Fill 4000 as Trigger Price and Buy Price and enter the units you want to buy.
  2. Press again the ‘+’ button and add a SELL operation. Fill 4300 as Trigger Price and Sell Price and enter the units you want to sell.
Buy and Sell operations to make a cyclical strategy
  1. Press SAVE button to complete your bot. After that, press the “Repeat” icon (the circular button with arrows) to make the bot to restart again when finished to catch all price cycles. Now the bot will start checking prices and placing buy and sell operations for you catching all the cycles that fit that buy and sell prices.

Bot configured to take profits from BTC cyclical prices
Whenever a cycle is finished, you will get a notification with your profits, and you can see the accumulate profits of the bot. By pressing the info button:

Profits detail report

Configure bot with changing percentages

You can also configure your bot depending on price variation percentages instead of fixed prices. Let’s see how to do it for example with a strategy of a 5% price change:
  1. Select USDT as market and and write BTC as coin. Then press ‘+’ button and add a BUY operation. Press “% PRICES” button, so the bot will let you introduce price change percentages instead of fixed prices. Fill the Trigger Price and Buy Price with a 5% and enter the units you want to buy.
  2. Press again the ‘+’ button and add a SELL operation. Fill the Trigger Price and Buy Price with a 5% and enter the units you want to sell.
Configuration with price % change configuration
  1. Press SAVE button to complete your bot. After that, again as the previous example, press the “Repeat” icon (the circular button with arrows) to make the bot to restart again when finished to catch all price cycles. Now the price will calculate the buy price with your defined percentage and the current ASK value. When your BUY order is filled, it will calculate the SELL price with the BID price at that moment and your sell defined percentage:

Bot configured with % change price
That’s all! Take advantage of high Bitcoin fluctuation and get profits easily with the ProfitTrading App bot. Configure once and just wait for the market to cycle.
Please, share this post and visit our website https://profittradingapp.com/ and our Youtube channel https://www.youtube.com/channel/UCJCsr7loTrq9ASdSPO4ts4g for video tutorials and subscribe to receive new videos.
You can download the app now on GooglePlay for the most important exchanges.
Thanks!
submitted by ProfitTradingApp to ProfitTradingApp [link] [comments]

How to daytrade with bitcoin fluctuation

Hello guys I have there a special trading question. Every coin is connected to bitcoin. So if bitcoin is falling, all altcoins fall and the other way too. I daytrade with Bollinger Band 1H and Stochastic RSI. I understand these two and had some awesome swing trades with these Indicators. Right now Bitcoin is gaining power again and all my coins went above the Bollinger Band. I didn't notice because I didn't check the total market chart. I soldt at the top of the Bollinger Band and all my trades went above it. I was really nervous when I saw the market cap is coming back. With the trust of BOLL they came back but not very strong. I bought right now back in with a little win.
To cut a long story short, how do I trade now in a bullish market? I am a little nervous that I could fail the right entry point and am forced to watch how it rises back again to new highs. I know buy low sell high but you never know. How do you know to which "place" it is coming back?
Thank you for reading and answering my long text and I hope my english wasn't that bad.
submitted by LoveLongLongTime to cryptotrader [link] [comments]

If I deposit into a poker site with bitcoins are the bitcoins converted and no longer affected by bitcoins fluctuations in value?

submitted by Juggernaut118 to poker [link] [comments]

Vertcoin shows more independence from Bitcoin's fluctuations than most other coins?

I have found it interesting watching the price of bitcoin fall and then rise again, and watching as the prices of most of the other coins tanked even harder than bitcoin and are rising faster again along with it.
Meanwhile Vertcoin fell little because of bitcoin and is rising little as it rises. While of course as a holder of vtc I'd love to see it flying high, looking longer term, I am extremely happy with its independence from bitcoin's fluctuations. I think it shows a much healthier currency.
Any thoughts? Anything I've missed?
submitted by jsmellen to vertcoin [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Full article: https://cryptonewsmagnet.com/bitcoin-fluctuations-similar-to-nasdaq-patterns-in-2000/
A Morgan Stanley report published on Monday comparing bitcoin fluctuations to those of the Nasdaq during the dot-com bubble of 2000.
The report shows bitcoin fluctuations taking an eerily similar trend. Sheena Shah, a Morgan Stanley strategist, says:
“Just that the bitcoin rally was around 15 times the speed.”
submitted by nicacryptonewsmagnet to Bitcoin [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000 /r/Bitcoin

Bitcoin fluctuations similar to Nasdaq patterns in 2000 /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Bitcoin fluctuations similar to Nasdaq patterns in 2000 submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Do you agree margin trading is the main cause of Bitcoin fluctuating prices?

Do you agree margin trading is the main cause of Bitcoin fluctuating prices? submitted by WOWXToken to u/WOWXToken [link] [comments]

Bitcoin's fluctuations are too much for even ransomware cybercrminals

Bitcoin's fluctuations are too much for even ransomware cybercrminals submitted by personaontherun to thenewsrightnow [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Full article: https://cryptonewsmagnet.com/bitcoin-fluctuations-similar-to-nasdaq-patterns-in-2000/
A Morgan Stanley report published on Monday comparing bitcoin fluctuations to those of the Nasdaq during the dot-com bubble of 2000.
The report shows bitcoin fluctuations taking an eerily similar trend. Sheena Shah, a Morgan Stanley strategist, says:
“Just that the bitcoin rally was around 15 times the speed.”
submitted by nicacryptonewsmagnet to icocrypto [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Bitcoin fluctuations similar to Nasdaq patterns in 2000 submitted by CryptoNewsMagnet to btc [link] [comments]

[Tech] - Bitcoin's fluctuations are too much for even ransomware cybercrminals

[Tech] - Bitcoin's fluctuations are too much for even ransomware cybercrminals submitted by AutoNewsAdmin to GUARDIANauto [link] [comments]

Bitcoin fluctuations similar to Nasdaq patterns in 2000

Bitcoin fluctuations similar to Nasdaq patterns in 2000 submitted by nicacryptonewsmagnet to CryptoMarkets [link] [comments]

[Tech] - Bitcoin's fluctuations are too much for even ransomware cybercrminals | Guardian

[Tech] - Bitcoin's fluctuations are too much for even ransomware cybercrminals | Guardian submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

(/.) Bitcoin's Fluctuations Are Too Much For Even Ransomware Cybercriminals

submitted by Mukhasim to UMukhasimAutoNews [link] [comments]

$6,500 or $22,000? Wall Street Analyst Sees Wild Bitcoin Fluctuations in 2018

$6,500 or $22,000? Wall Street Analyst Sees Wild Bitcoin Fluctuations in 2018 submitted by BitcoinAllBot to BitcoinAll [link] [comments]

WARNING: The Truth About Bitcoin BTC rollercoaster: Bitcoin hits low after wild up & down fluctuation over December The #1 Worst Bitcoin Myth: Why BTC Is NOT Volatile Best EVER Bitcoin Basics Trading & Market Fluctuation Tutorial FOR BEGINNERS Price Fluctuation - Cryptocurrencies

Bitcoin is in an almost constant state of price discovery, but past data is starting to reveal certain patterns. In 2019, the period between March to July saw a significant upward fluctuation. Bitcoin's value has been historically quite volatile. In a three-month span from October of 2017 to January of 2018, for instance, the volatility of the price of bitcoin reached to nearly 8%. Bitcoin Adoption as a Function of Demand. But even without a national economy behind it, Bitcoin can potentially draw all the advantages of being used worldwide for any kind of transaction. Therefore, adoption is a crucial metric to try to understand demand and through it, Bitcoin price fluctuation. Photo credit: GETTYIMAGES Bitcoin is known to have undergone wild fluctuation in value. Early this year Bitcoin was valued at about $1000. In September it dropped in value by 40% from $4,979 to $2,972. Then in November it tumbled almost 30% from $7,888 to $5,555. Read Also: Bitcoin Crash: Was British FCA Right About Bitcoin (BTC) Price Prediction – July 23, 2020 After days of tight consolidation and low volatility, It is likely price will resume fluctuation in the upside range . BTC will begin

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WARNING: The Truth About Bitcoin

Today we take a look at why recent market fluctuations have made Bitcoin's volatility seem tame. Get 15% off for crypto tax prep ... The price fluctuation of a cryptocurrency is an immutable characteristic that we need to be aware of. Here you will see the main reasons why price fluctuation happens. BTC vs BCC: Chart Analysis☑️ Bitcoin Price 9900 USD NOV 30 2017 Ethereum Giveaway BK Crypto Trader - Duration: 28:12. Brandon Kelly Crypto Trader - The Boss of Bitcoin 3,227 views 28:12 Due to some recent happenings in China regarding Bitcoins and their allowed usage from what I've read, Bitcoin shares are dropping LIKE IT'S HOT!! At about noon on the 17th, prices were around ... Why Does Cryptocurrency Price Fluctuate So Much? You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 Bitcoin & Etherum Stor...

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