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[highspeed]

There are many cryptocurrencies today, but the best known and most used is definitely Bitcoin.
Well, looking at a graph, I personally see that:
On March 11th, the BTC / $ ratio was: 7938
But exactly the next day (March 12) it dropped to 4857
Practically almost half!
An oscillation that many say perhaps inherent in the coronavirus issue, while others say, for different reasons!
You see, I am at my first approaches with cryptocurrencies. But could someone clarify my ideas better, about?
Now I know that each of these has oscillations also in short times, but even halved in 24 hours ...
Thank you.

 

[KarthikP]

Yeah! This fall and rise isn't just about Bitcoin other investments behave same it just that Butcoin own happens too frequent and sometimes at a very ridiculous pace. I'm wondering if this trend will ever cease.

It won't cease. Bitcoin in nature is oike that , it's always fluctuating everyday. That's why I also hold site stablecoin like USDT for the value to remain constant

 

[apeter]

Yeah! This fall and rise isn't just about Bitcoin other investments behave same it just that Butcoin own happens too frequent and sometimes at a very ridiculous pace. I'm wondering if this trend will ever cease.

Because Bitcoin (and all the crypto world) is much less regulated compared to the conventional financial world, the peaks and drops, as well as the frequency is much larger. As long as there are no such regulations in place as for example on the stock market (you violate the rules of the market if playing your cards to manipulate the prices), BTC rise and fall will remain the same, at least in characteristics. At least, this is my opinion.

 

[highspeed]

I have idea that more or less, each cryptocurrency is in a certain sense "tied" to another cryptocurrency.
This concerns the rise or fall of its value.
Do you agree?
But mine is only an hypothesis ... I don't add anything else for now.
Thank you.

 

[highspeed]

Yes you are right almost at the end the crypto currency will have super towards in the world currency and some times at a very ridiculous pace thanks for sharing nice post

Listen to me my friend.
What I write here about this, it is the result by my reasoning and therefore is my personal opinion.
I absolutely do not want to say that it should correspond to the true reality of the facts!
Greetings.

 

[highspeed]

Every investment or rather, most investments undergoing a down trend today are most likely tied to the coronavirus scourge at the moment. So, it is not far fetched.

Indeed, my friend. This now, unfortunaltely in this ver bad period, is a hypothesis, supported by many people.
Especially from securities investors!
Thank you.

 

[highspeed]

Every investment or rather, most investments undergoing a down trend today are most likely tied to the coronavirus scourge at the moment. So, it is not far fetched.

Ops...sorry me, if I didn't tag you.
But my answer is the same that I gave to another user.
Please, you can read my post #28.
Thank you.

 

[SCAMEXPOSER]

Bitcoin is highly vulnerable , this makes it difficult to predict the actual factors that determine the rise and fall in the price of bitcoin. I do advise any one who wish to invest not to invest money you will use immediately rather a reserve fund such that when the price surge you will be patient for a rise.

 

[Mbwolf]

yes bitcoin dropped because of corona virus becuase the economy of the world has stopped so it's was a hit for cryptocurrencies but now bitcoin is rising up

 

[SCAMEXPOSER]

yes bitcoin dropped because of corona virus becuase the economy of the world has stopped so it's was a hit for cryptocurrencies but now bitcoin is rising up

I disagree, the price has picked up again despite the Corona virus pandemic, as at last week the price was $7000+ but within 3 days it has risen to about$9000 yet their indexx case of pandemic keep rising.

 

[highspeed]

Bitcoin is highly vulnerable , this makes it difficult to predict the actual factors that determine the rise and fall in the price of bitcoin. I do advise any one who wish to invest not to invest money you will use immediately rather a reserve fund such that when the price surge you will be patient for a rise.

I'm sorry, my friend.
Almost everyone here are "sure" that the coronavirus effect has significantly fluctuated the value of Bitcoin rapidly.
You didn't mention it here. But howvere, are you convinced too?
Thank you.