Bitcoin plummeted yesterday
According to the latest data of bitfinex, poloniex, gdax and other trading platforms, the price of bitcoin continued to decline for six consecutive days. The latest price has reached the $14000 mark of Tiepo, which has dropped more than 30% from the highest point
Once people realize that's how it works, they start selling it, he says. The old bitcoin network may not work
Oldenburg admits that buying, selling or trading bitcoin is not a problem nowadays, but when bitcoin transactions are recorded in the blockchain, that is, when each transaction is recorded in the digital ledger, the problem will come to the surface. The crux of the problem is that you can only process a limited number of transactions per second in a bitcoin network, which in turn depends on the "block size" of memory in which the transactions are stored. Aldenberg said that would lead to the scarcity of liquidity and the unavailability of cryptocurrency
All in all, aldenberg doesn't believe that bitcoin will become the currency people use everyday. As long as the network is run by this group [in the old bitcoin network], these solutions will be found in bitcoin cash, where I will see the future, he saidRoger Waugh, an early investor of bitcoin and known as "bitcoin Jesus", believes that compared with the traditional version of bitcoin, bitcoin cash is faster, cheaper and more reliable. Some people in the market have predicted that bitcoin cash will replace bitcoin as the big boss of cryptocurrency, because bitcoin cash is more suitable for the efficient market
However, on Tuesday, coinbase, the leading bitcoin trading platform in the United States, announced that customers could buy and sell bitcoin cash freely, which prompted the rapid rise of bitcoin cash in the past two days, more than doubled in two trading days and set a record high of US $4300said in a weekly "House View" report: "what we think is all the characteristics of bubbles: high trading volume and little practical use, which indicates that many traders are seeking speculative returns. Although the supply of bitcoin is limited, there are many more widely used cryptocurrencies, and there are now thousands of potential substitutes. "
the report from UBS's chief investment office of wealth management reiterated the bank's attitude in October. UBS said at the time that it believed that the whole encrypted money market was in the "speculative bubble". p>
in this week's report, UBS wrote: "we do not recommend customers to invest in bitcoin or short bitcoin. In principle, the irrational time of these markets is much longer than you can tolerate."
On April 18, 2021, the global virtual money market plummeted, and the cryptocurrency market experienced the most serious slump in history. On a 24-hour basis, bitcoin has plummeted by more than 16%, Ethereum has plummeted by nearly 20%, coin an has plummeted by 17%, and reborn has fallen by 26%. Within one day, more than 620000 people were liquidated, and the amount of liquidation exceeded US $5579 million. Brian bull, CEO of coinbase, a virtual currency exchange; Armstrong sold $290 million of the company's shares, bringing the total market value of its insiders to more than $4.6 billion. In addition, alexia & middot, the chief financial officer of coinbase; Haas cashed out about $99.32 million at $388.73
it is reported that the ability of cloud computing is to split the mining machine into independent units. The mine provides mining machine computing power leasing services. Investors only need to purchase the calculation contract to & lt; Cloud mining;, Get the corresponding virtual currency. On several cloud computing platforms, it is found that the rate of return declared by each platform is not low, and some annual rates of return even exceed 100%. At the same time, cloud computing capacity is also facing huge risks. In the absence of third-party guarantee and supervision, cloud computing capacity sometimes faces huge risks
bitcoin fell by more than $10000 a day. There are many reasons for the sharp fall of bitcoin. First, the most important thing is the support of relevant departments. Second, whether some big companies circulate bitcoin and whether people are willing to accept bitcoin
when it comes to bitcoin, people immediately think of a very popular virtual currency on the Internet recently. This kind of currency is g up through graphics card and precise calculation, so now the price of a bitcoin is very high, but it has dropped a little recently e to various reasons, but it still can't resist the enthusiasm of many people for bitcoin, if you want to dig bitcoin, Well, maybe the dividend period is over now. A good computer may take half a year to a year to dig up a bitcoin. So let's not consider this aspect. Today, I'm going to talk about some reasons for the sharp decline of bitcoin
if you have any good ideas about some investment techniques of bitcoin, please share them below the comments
this is mainly related to the bitcoin market, because the global economy has graally recovered, so bitcoin is not so popular when we talk about bitcoin, there are actually many angles to talk about this issue. As for the collapse of bitcoin, I want to talk about the recent market from the perspective of the world economy bitcoin is collapsing again since the advent of bitcoin, bitcoin has been in a frenzied rising market, and occasionally there will be a collapse. No matter what, the current market of bitcoin is very prosperous, and many people believe in the future of bitcoin, although the market of bitcoin has reached more than $50000, But a lot of people believe that bitcoin could go up to $200000. Whether it can reach 200000 US dollars or not, the current bitcoin market is really complicated{ RRRRR}
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Bitcoin has plummeted by nearly 20%. It can be said that the prices of virtual currencies are falling rapidly overnight. Not only bitcoin, but also dogcoin Ethereum are falling rapidly, because there are more and more virtual currencies. And so on burst positions, the bulk traders continue to withdraw from the outside{ RRRRR}
according to the information released in the global market, governments of all countries have introced some new policies to strengthen the management of these virtual currencies and cryptocurrencies, which is not good news. Because strengthening management means monitoring these virtual currencies more and more strictly, we can't fluctuate, go up, go down or buy them at will like before, which may cause the price to fall rapidly
The main reason for the collapse is that the market of bitcoin is affected by the recovery of the world economy
may be more complicated, because in normal circumstances, when the world economy has recovered, bitcoin market should be getting better and better, but there is a lot of bubbles before bitcoin. So when the world economy is graally restored, the market needs to digest this part of the bubble, so the market of bitcoin will collapse. p>
a lot of people have bought bitcoin
for those small partners who invest in bitcoin, they may not have a good time recently, because bitcoin has collapsed twice in a short period of time, issuing billions of dollars more overnight, and hundreds of thousands of people have burst their positions. A lot of people put a very high leverage in the process of investing in bitcoin. When bitcoin withdraws a lot, they lose their principal{ RRRRR}
bitcoin's rising trend made us all feel very painful, but we didn't expect that bitcoin had a sharp fall in the next night . Many people feel very painful about the occurrence of this event, because before that, many people's shareholders made corresponding bets on bitcoin at this time. At the same time, we all feel very surprised about the development of this event. It feels like bitcoin is on a roller coaster{ RRRRR}
so we can understand the current overall situation, that is to say, if the current situation can not be solved in time, it will cause a very terrible impression to every shareholder . We all don't want to see this happen. Therefore, we all feel that it is very difficult to understand this situation. At the same time, many people say that the current capital has made a large loss, and how to recover the money is the result they all want to see. When we deal with this problem, we should pay attention to it, otherwise it will have a huge impact on us