BTC price cut
bitcoin network generates a new block every ten minutes. Every time a miner completes a block, he can get a certain amount of bitcoin as a block reward, and the reward will be halved for every 210000 blocks mined. Because the time for mining each block is limited to 10 minutes, at this rate, the period for the reward to be halved is four years, that is to say, the reward for bitcoin blocks is halved every four years
when the bitcoin block reward was halved for the first time, its price rose 25 times from 300 yuan to 7995 yuan; In the second half, the price rose 28 times from 5011 yuan to 140000 yuan. So many people predict that the third halving of bitcoin in May 2020 will lead to a sharp rise in the price of bitcoin, at least 10 times. However, these figures are not so clear. After halving in 2012, bitcoin prices rose for two months, and in 2016, there was almost no immediate response to deflation for a month. This may also be the result of the strategy of "buying rumors and selling news" implemented by some speculators
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after bitcoin halved, the supply slowed down, and keeping deflation through algorithm has always been a part of bitcoin protocol design. It was set up to ensure the value of bitcoin. By recing block incentives and setting the maximum possible supply of bitcoin at 21 million bitcoins, bitcoin has an anti inflation feature, which runs counter to the tendency of central banks to print money at will. At present, there are about 17.5 million bitcoins in circulation, and less than 3.5 million bitcoins are available for mining. When the next block award halves, bitcoin's annual inflation rate will drop from the current 3.8% to about 1.8%
maintaining deflation through algorithms has always been a part of the design of bitcoin protocol. It was created to guarantee the value of bitcoin. By recing block incentives and keeping the total amount of bitcoin at 21 million bitcoins, bitcoin is endowed with an anti inflation nature, which is different from the tendency of central banks to print money at will. At present, there are about 17.5 million bitcoins in circulation and less than 3.5 million available for mining. The next block award cut in half could rece bitcoin's annual inflation rate from the current 3.8% to about 1.8%. This will be the first time in bitcoin's history that it has fallen below the historical average of about 2% - 3% growth in gold supply
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Bitcoin today plummeted to less than $50000. It can be said that this thing is the myth of B circle. It rose very fast in just four months, from less than $20000 to more than $60000. it rose very fast in just more than four months, but it also fell very fast, from more than $60000 to $50000 in just a few days{ RRRRR}
now there is a new coin circle myth, that is, dogcoin. It is said that dogcoin has increased by 400% in the past year. Although it can't compare with bitcoin, it also has a large range. If you choose to buy it now, it may make you a lot of money, but it may also make you lose money, whether you want to buy it or not depends on your own opinions on it. It's risky
I think it is mainly caused by panic, because the bitcoin market will be greatly affected by the mood
the market of bitcoin has nothing to do with the valuation and management of the market, and the reason is very simple, because bitcoin is not constrained by any institution. When bitcoin rises sharply, it shows that everyone has enough confidence in bitcoin. On the contrary, when bitcoin falls sharply, everyone will sell bitcoin
bitcoin has fallen below $50000
I remember that bitcoin had broken the historical mark of US $65000 when it rose the highest, but in just 10 days, bitcoin fell back to US $50000, a drop of more than 25%. This fluctuation is hard for ordinary investors to accept, because the psychological expectation that ordinary investors can accept is about 5%, and the point of 25% can be called a bear market { RRRRR}
please accept!
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
As for bitcoin, we may not be very familiar with it< however, bitcoin has reced the original range because of it, which is also a great shock to all of us, and there are some reasons for the birth of bitcoin we can see that the main process of bitcoin's price rection is that it will rebound at this time, so it will become what it is now. We also feel that people are very surprised by the occurrence of this event. Therefore, if we pay timely attention to this overall environment, then everyone's impression is the result that our family does not want to see{ RRRRR}
at the same time, the main reason for recing the price of bitcoin is that it will change in time, which is also the result that we can all imagine