How did bitcoin smash
There are many views on the reasons why bitcoin fell below $10000 this time, some people in the instry said: "maybe it's a good play prepared by the main force to commemorate the 94 event in advance." more people think that the withdrawal of OTC funds by mining of defi (decentralized Finance) may be one of the main reasons for the current round of decline. However, there are also views that the main reason for the decline of bitcoin is e to the market smashing by the makers
according to the website of coinmarketcap, in the early morning of September 3, bitcoin dropped more than 10% in the short term. At one time, bitcoin fell below the US $10000 level, and the lowest fell to US $9960, which was a new low since July 27, with a 24-hour decline of 9.98%. At present, bitcoin has rebounded to US $10302. At the same time, cryptocurrency declined collectively, and most of the top ten popular currencies in market value, except stable currency, fell by more than 10%
However, e to the special date of bitcoin's decline and the foreshadowing of the decline in the previous two days, some people in the instry said: "maybe it's a good play prepared by the main force to commemorate the 94 event in advance.". It is reported that the coin circle 94 incident originated from September 4, 2017, when seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, officially calling for the suspension of ICO (initial token issuance) financing, which was regarded as an important watershed in the history of China's digital currency speculationhowever, it is not the tradition of the coin circle to fall every festival. On the decline of bitcoin this time, more people think that the withdrawal of OTC funds by the mining of defi (decentralized Finance) may be one of the main reasons for this round of decline
however, there are also views that the main reason for the decline of bitcoin is e to the market smashing by the makers
KOL, an analyst known as the trend maniac of digital currency, pointed out that there have been a large number of smashing orders in the exchange recently. When the currency price is around us $11770-11800, the exchange's large investors mp goods at US $11750 in 500btc, and all the orders are instantly eaten by the brick moving robot, about 4000 coins are smashed
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mining of DEI (decentralized Finance) and withdrawal of over-the-counter funds are the reasons for the current round of decline.
Wu Gang, founder of bitcoin wallet letter, publicly said on the social platform that the market decline is the "blood sucking" of the defi (decentralized Finance) project, and gave an example of sushi project, which has soared 100 times recently
Kang Lu, a senior researcher of fire coin Research Institute, said to the analysis of interface news that the recent hot spot of digital currency is not in the bitcoin market, but the prosperity of the overall digital currency market caused by the graal prosperity of the decentralized financial market in Ethereum ecology and wave field ecology
it can be seen from the fact that the trading volume of decentralized exchanges has reached 6% of that of mainstream exchanges. In addition, at the beginning of September, the 24-hour trading volume of uniswap, a decentralized exchange, reached US $441 million, surpassing the head centralized exchange coinbase Pro for the first time
if bitcoin stops trading worldwide, it will completely become a bubble economy. No matter how much you buy, how much you have in hand, you can only break your teeth into your stomach. The only thing that can give you a sense of security is cash in hand.
of course, it can't be cashed at home. You can only go to foreign trading institutions, such as btccas. Generally speaking, it can be cashed directly on the outfield. If you don't want to cash it as soon as possible, you will feel at ease
thank you
we saw six big bubbles, one more serious than one, and each was epic. But when you look back, they're like dots on a chart. With every bubble emerging, trading activity soared, which is what we see now.
many investors have heard about the huge profits of early cryptocurrency investment, and they have entered the market to buy cryptocurrency in order to get higher profits. This has driven the valuation of major cryptocurrencies such as bitcoin, Leyte, ethereal and so on to soar
however, recently, the soaring market of the currency circle has ended and replaced by the bear market
just yesterday, bitstamp data showed that bitcoin fell below the $6000 mark, which was broken again after it fell below the $6000 mark at the end of June. In just two weeks, bitcoin has entered a bear market, returning to bear market for the fourth time this year. Compared with the highest level of the year set at the beginning of the year, bitcoin has long been "cut"
recently, ether currency fell by 17%, the biggest one-day drop since March. Ripple, ether and other digital currencies all fell
it is generally believed in the market that the US Securities and Exchange Commission (SEC) delayed the approval of issuing bitcoin ETF is the main reason for this round of slump. As the ETF is the first digital monetary financial proct, the setback on its listing has dealt a huge blow to the market
according to the analysis of Wall Street, if bitcoin and Ethernet become the new mainstream means of financial payment or the underlying foundation of other commercial applications, their prices will naturally drive up. On the contrary, the price downturn of digital currency may last for quite a long time[/ cp]
I suggest that you prepare a computer with more than 1W first
nibbling is the opposite of smashing the market. Nibbling is buying money from the market on a large scale, with too high price or stable price
bitcoin, Ruitai coin, Laite coin and doggy coin, which have a certain market depth, also exist.
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
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}