Why does Bitcoin’s cash price fluctuate so much?steemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

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I'm assuming it's due to it's small market cap so large buy and sells will sway the market.

What do you the experts think?

bitcoin cryptocurrency money litecoin cash
7 years ago by

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      ·  7 years ago 

    It because a price has not yet been set. We need to find out where the support is. It was initially believed to be around $400 based on the price of the futures, but right now it is highly likely that it will drop as low as $200 from a high of $1400

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        ·  7 years ago 

      Thanks for the explanation!

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