Is bitcoin high
In 2009, when bitcoin first appeared, one dollar could buy 1300 bitcoins. In 2010, it was only $0.003. In November 2013, the highest price created by bitcoin reached 8000 yuan for the first time. In 2017, bitcoin's price rose wildly. In this year, bitcoin once created the highest price in history, with the highest value of about 20000 US dollars
that is to say, a bitcoin costs about 130000 yuan. According to the proportion, bitcoin has soared by 2.73 million times in eight years, becoming a well deserved proct with huge profits. According to the data of coindesk digital currency trading platform, the price of bitcoin once fell below $6000 in 18 years, and it has dropped 70% compared with the highest value of $20000 in 2017
with the decline of bitcoin, many digital currencies have been affected, with a decline of more than 10%. It has been less than 10 years since the development of digital currency. Many large enterprises can't compare with it. It can be seen that the future of digital currency is worth looking forward to
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017
"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC
with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.
Bitcoin trading continues to be close to an all-time high set this month. Now its price is around $34000, up 77% from last month and 305% from last year
bitcoin was first introced as a digital currency in 2009, and was used as a digital currency on the edge of the economy for a period of time. This has become mainstream. Today, it is used almost exclusively as a "digital gold.". In other words, a scarce digital asset P>
to cope with novel coronavirus pneumonia, the governments of various governments have injected the central bank's money into the global market to stimulate consumption and help save the economy. p> However, the increase of money supply will erode the value of money and lead people to look for anti inflation assets to hold. In this environment, bitcoin has become a hedge against impending inflation and poor returns on other types of assets
but what function does bitcoin provide for a society where people invest so much? Why is bitcoin important? There are several possible explanations for why so many people now think bitcoin is important
this is a kind of "safe" asset. In the face of global uncertainty, buying bitcoin is a way for people to disperse their assets. Its market value can be compared to gold, another asset that glitters in difficult times
in the turmoil of global pandemic, the unconventional US presidential handover and the transfer of geopolitical power around the world, more people may think that gold and bitcoin are better alternatives to the US dollar
it is related to privacy oriented ideology. Bitcoin (and cryptocurrency in general) is not politically and ideologically neutral. It was born in the Internet age, an era deeply troubled by privacy issues
the ideological origin of bitcoin is the "cryptopunk" movement in the 1990s and the beginning of this century. According to online forum records, bitcoin is advocated as an anonymous digital currency, allowing people to interact online without being tracked by governments or companies, providing an alternative for anyone who does not trust the federal central bank system
many legacy systems and other cryptocurrencies have persistent reliability problems. The banking system may collapse, leading to problems with online banking and payment cards. In recent years, there have been serious reliability and security problems with other cryptocurrencies, including Ethereum and newer cryptocurrencies such as EOS. They are not reliable
bitcoin has proved to be very reliable. The last major blackout of bitcoin was in 2013, when the blockchain was unreliable for several hours e to incompatible software versions. It has been repaired rapidly for more than five years, and bitcoin has been running reliably 24 / 7 / 365.
note: a young aunt told me.