Does bitcoin plummet
take a look at several countries where bitcoin is booming, which one is not the United States or the dog country of the United States
they tried to use bitcoin to launder money and rob China.
The Cape is a financial fraud
the list of 350 MLM organizations exposed by CCTV in 2017, with Cape money on the list. 350 funds are all scams
Kaipu coin is a marketing coin, which is mainly promoted by the mode of direct selling or pyramid selling. This kind of coin is very popular in China, but the end is generally collapse, and some criminals will be caught. This kind of money is not allowed to operate by the state. It can be said that it is a disguised form of pyramid selling
the most common financial scam:
mainly includes e-rent treasure, which was established in 2014 and used one and a half years to illegally absorb 50 billion yuan. On December 16, 2015, the public security organ issued a report on & quot; E-rent treasure & quot; The suspected crimes of Internet financial platform and its affiliated companies should be investigated according to law. In July 2018, it has been included in the latest MLM organization
another example is Kunming Pan Asia, which is known as the world's largest rare metal exchange. In just three years, the transaction involved 220000 people in more than 20 provinces, with a total capital of more than 43 billion yuan
there are also Shanghai Zhongjin, Shanghai Kuailu, Wenzhou painting and calligraphy fraud, Zhejiang Shizun, Yanhuang Culture Exchange fraud, Nanjing Qianbao financial fraud, Shengwei International Group, mmm financial fraud, cloud century sky financial fraud, Royal Garden financial fraud, Malaysia baolvmu split plate and other organizations< br />
On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece
for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money
affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%
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experts said that the slump is a normal phenomenon:
"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks
according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23
William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "
some people say that this is the result of other people's manipulation, but in my opinion, few people can directly control the bitcoin market
for those small partners who like to invest, they should often hear conspiracy theories. For example, a slump is the result of someone else's manipulation, and every surge is the result of someone else's pull-up. I think this idea is untenable, because the market of bitcoin can't be controlled by an indivial, This is a comprehensive reflection of the global economy
bitcoin plummeted $8000 an hour US $8000 is not a small number, because we know that bitcoin's current market is about US $50000. For those small partners who take over bitcoin at a high level, US $8000 means a withdrawal of almost 20%. This range is hard for many normal investors to accept, and many small partners with poor psychological quality are very scared{ RRRRR}
In fact, this is a totally wrong way of thinking. If the price of bitcoin falls, it means it's not far from cool. Then I am in this world all commodity prices fall, is this instry basically finished? We can't judge the form of an instry simply by the rise and fall of prices. Now let's talk about the impact of bitcoin's price decline? What causes it to fall{ RRRRR}
Third, how to look at the future trend of bitcoin
bitcoin will definitely experience several big falls in the future, and return to a more rational level. After all, its price rise was too high before. And most importantly, other countries have already started to develop their own digital currencies. Once these digital currencies are implemented, the status of virtual currency will be shaken
I don't think bitcoin will collapse
I started to contact bitcoin in 14 years. At the beginning, I just wanted to find a part-time job. I heard that mining can make money, so I started to contact bitcoin from mining
at that time, when I bought an ant miner, the seller registered a bitcoin account for me and debugged the machine. When I got home, I just needed to connect the Internet cable and power supply to start making money. At that time, the profit of a machine was about 40 yuan a day, and it cost more than 20000 yuan to buy that machine
at that time, I didn't know much about blockchain and virtual currency, and the information available on the Internet was not comprehensive enough. At that time, I thought it was similar to the running score of the game
later, the mining became popular, and the graphics card became a hot proct. My miner sold again for 30000. At that time, I didn't buy and sell graphics cards and made a small profit. But they didn't realize the value of bitcoin
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
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}
since the moment bitcoin plummeted, the myth of the coin circle has been shattered. People have seen the risk of bitcoin speculation and no longer believe in the myth that bitcoin will rise forever
since the birth of bitcoin, its price has been rising all the way from a few cents to more than 60000 US dollars. Some investors even believe that bitcoin will continue to rise to hundreds of thousands of US dollars. However, although bitcoin has increased a lot, it has also accumulated risks. More and more people burst their positions in the process of hyping bitcoin, resulting in the loss of money
First, bitcoin prices plummeted, increasing the risk of speculation< p> The price of bitcoin has plummeted, from more than $60000 to less than $50000, which has caused many people who speculate in bitcoin to burst their positions. These people not only failed to make money by speculating in bitcoin, but also lost a lot of moneythe sharp drop in the price of bitcoin actually proves that the risk of speculation behind bitcoin is increasing. Many investors want to be safe and don't care about the future price, so they sell bitcoin, which leads to the decline in the price of bitcoin in the market{ RRRRR}
the myth of bitcoin collapsed in the crash, and people recognized the risks behind it. If you have any other opinions, please leave a message to discuss