What happened to the bitcoin crash
in addition, the underlying reason is that the world does not recognize the monetary payment property of bitcoin, but regards it as an investment commodity similar to gold, and even has large-scale capital participation in speculation.
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
The price of bitcoin has dropped below $52000, compared with the peak of more than $60000. To be honest, its price has dropped a lot. But if you want to know, a few months ago, the price of bitcoin was only more than 10000 dollars. Compared with the decline of bitcoin this time, the rise of bitcoin is far more than these. So if you look at the long-term holding, the collapse of bitcoin this time will not cause too much impact. But it is clear that many people are not able to see bitcoin fall. So today we will discuss what factors are behind the collapse of bitcoin{ Third, how to view the collapse of bitcoin
in fact, the collapse of bitcoin was foreshadowed before he went on the stage, and bitcoin has no value. Of course, this is not what I said alone. Bitcoin itself has been speculating about its scarcity. But as long as you know a little about finance and technology, you can understand that the scarcity of bitcoin can be copied, so it does not have much investment value. This bitcoin slump should be just the beginning. After that, the price of bitcoin will graally return to a rational state
I think that the reason behind the sharp rise and fall of bitcoin is that funds are playing games and harvesting funds
bitcoin belongs to the ancestor of blockchain. At present, this concept is still in the research stage and has not been applied . Today, financial giants hold the most bits in the market, so they can easily control the price of bitcoin. From the end of 17, it soared to more than US $20000, and then began a round of sharp decline. Many bitcoin speculators entered the market after the sharp rise and were easily reaped by the big crocodiles
bitcoin is the earliest successful example of blockchain application. From the beginning, it was not worth money to now, it is more than 60000 US dollars. Unlike currency, which can reflect the economic situation of a country, bitcoin itself does not reflect the specific economic situation. Its value reflects the recognition of the market. If it is recognized, the price will be high. If it is not recognized, the price will be low. In the world, some countries admit that they can use it to buy things, while more countries do not
Of course, for such a high price, it also attracts global capital to play games. Therefore, today's market is even more exciting than roller coaster, and fluctuates fast and biginvestment is risky and must be cautious
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}