When will bitcoin go down
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
No one can guarantee that bitcoin will double in 2021, but we can buy a small amount of bitcoin, but don't think too much about it, because bitcoin is only a virtual currency after all, it's just a virtual thing with value-added that we can see, It doesn't have value-added parts like RMB or gold, but in this case, everyone may be interested in bitcoin, just because it is a conceptual thing. If bitcoin wants to increase its price, there will be some crazy price increases, but if it wants to rece its price, it will be very fast, This bubble will be much faster than the housing bubble. p>
sometimes when we see the rising price of this kind of currency, we may feel very sad, but for each of us, the rising price of this kind of currency is not necessarily a real rising price, even if it is gold, it is a kind of hard currency. If the price of bitcoin goes up, it may be that gold prices all over the world are going up, but for bitcoin, it is just a conceptual thing. If it wants to go down, it will go down faster than this kind of real stock. Whether bitcoin can double again in 2021, no one can guarantee it, However, if you are interested in bitcoin, you can buy it in small quantities. If you are not interested, don't touch it
it's a surprise that bitcoin's market has plummeted in the past few days, and it has fallen by $7000 in seven days. A while ago, some experts said that it's not too late to buy bitcoin in the market, and they can continue to make a lot of money! However, the people who have entered the market these days have suffered heavy losses. Is bitcoin about to collapse < HR / > < blockquote > the sharp fall of bitcoin market is really surprising! It is also reasonable for the public to worry about the collapse of bitcoin! However, this is a prediction, and it is not accurate. Only time can tell us whether bitcoin will crash in the future! Of course, we can listen to the analysis of professional knowledge in the view of analysts, the sharp decline of bitcoin is closely related to the frequent theft incidents in recent years. On December 21, the media reported that the Ukrainian bitcoin exchange liqui was attacked by hackers, resulting in 60000 bitcoins being stolen and hackers madly shipping. On December 19, youtube, a bitcoin trading platform in South Korea, was also attacked by hackers, resulting in the theft of users' funds. Due to hacker attacks, the platform lost 17% of its assets, and yapian, the parent company of youtube, immediately filed for bankruptcy protection summary: it is understood that the circulation of wax coins in the announcement of the trading platform is 185 million, while the actual circulation in the official wax platform is 1.85 billion. Instry insiders said that this is also a major negative factor in the current digital money market. Xiao Lei said that the fall is a very important turning point, rather than the "bubble" of digital money being broken, but a process of squeezing the bubble in a big way. strong>
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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!
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