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How is the bitcoin market now

Publish: 2021-05-12 11:53:21
1.

Generally speaking, the market is at the end of the bear market. The bottom price of bitcoin is around $3000. It is now in the stage of building the bottom of the box

after two times of bottoming, it is now the position of the part. When you ask about the market, you should also want to invest. If you invest, it is suggested that you buy some money now and put it in the market. Now is a good time

if you do band speculation in bitcoin. According to the technical analysis method provided by "ten thousand dollar man", we can still achieve certain benefits, which is much better than going to work

2.

Those people are living a good life now. In the early days, these "tuyere pigs" who played bitcoin earned a lot of money



I. Nakamoto found bitcoin, and now it is fading out of the bitcoin circle

3. In the long run, the current price of bitcoin is still at a low level. With the increasing demand for bitcoin from investors in the world and the limited total amount of bitcoin, its price will also be higher and higher. Therefore, it is suggested that if there is spare money, you can invest a little. Maybe after retirement, it will be a sum of money for the elderly

from the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market

so why is it still suitable to buy bitcoin in 2020

1. The third proction rection

in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly

judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal

the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market

moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<

2. Institutions bought a lot

after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period

in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis

with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth

the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market

the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.
4. I also know that there is a possibility of cheating!!!!! But I buy hit currency one yuan to buy 100 to his 2000 yuan, in case I say in case I become a multimillionaire that!!!!!!! My chance to become a multimillionaire in this life is possible! If you can't change it, you should buy wine for the swindler
5. It is difficult to reproce the bull market of bitcoin this year, not only in the bull market of bitcoin, but also in the whole cryptocurrency market, because the highest price of bitcoin is more than 10 thousand at any time, and now it directly drops to more than 30000, and it is still in a downward trend. The whole year of 2018 is in the cold winter of the market, which is the so-called bear market. In the remaining month, the possibility of rebound is very small, As for the reasons, we can refer to the market analysis of Dr. coin community. Therefore, there will be basically no bull market this year.
6. blockchain is a cloud server. In essence, it should serve the real economy and rece the technology cost of enterprises
the issue of currency and the economic system are not things we are considering now.
7. BTC is OK. Eth and wxr seem to be OK
8. Yesterday, the digital money market fell, bitcoin fell below US $5000, leading the mainstream currency diving, with the lowest point reaching 4846, down 14% in 24h; The top 30 currencies in the market value fell across the board, ranging from - 29% to - 3%, with an average decline of - 14.31%. At present, the total market value of the digital money market is US $161.2119.8 billion, which is about US $24.7 billion less than the previous day and a new low of another year. The total 24-hour trading volume is US $21.07326 billion, which is about US $7.6 billion more than the previous day.
9. Bitcoin is a typical representative of decentralized virtual currency, which creates the blockchain technology and has the characteristics of decentralization, limited total amount, transaction security and information disclosure. Bitcoin came into being in the financial crisis in 2008 because of the worry about central banks and distrust of inflationary currencies. In October 2009, the first announced bitcoin exchange rate was 1309.03 bitcoins for us $1. The calculation method is the power consumption required to generate a bitcoin. With the influx of speculative funds, deregulation, countries have identified as digital currency and means of payment, bitcoin once rose to US $19187.78 per unit in 2017. Since it came out nine years ago, it has gone up and down sharply, forming a variety of bifurcated coins and Shanzhai coins
speculative demand is the internal reason leading the soaring price of bitcoin, including disguised exchange, ICO financing and other trading activities. Compared with developed countries such as the US, the relatively loose regulation of special currencies is an important external factor for the continued expansion of asset bubbles in bitcoin. By comparing the four characteristics of real currency, it is found that bitcoin is not as good as gold and other real currencies in terms of universal acceptance and value stability, but it can meet the requirements of uniform divisibility of value, and has incomparable advantages in portability and portability. The biggest obstacle for bitcoin to replace credit currency is decentralization. Bitcoin without credit base can not perform the function of currency well. Using bitcoin technology for reference, the primary starting point of the research and development of central bank digital currency is to supplement and replace the traditional physical currency
while recognizing the technological innovation of bitcoin, we should pay attention to the risks caused by its own operation mechanism. For new things, we should observe and learn from them, and guard against risks. In order to ensure the capital security of Chinese investors and maintain the stability of the financial market, the government's supervision on the trading activities of bitcoin is graally stricter, and it is expected that the development of private cryptocurrency will be limited. At the same time, the research and development of digital currency by the Central Bank of China is in the forefront of the world. Bitcoin and other virtual currencies have been incorporated into their own regulatory systems. While recognizing the risks of virtual currencies, we can not deny the innovation and development potential of blockchain technology. The research and development of the central bank's digital currency conforms to the development needs of the times, takes the national credit as the guarantee, adheres to the principle of centralized management, and maintains the national monetary sovereignty while providing efficient services.
10. There is no bitcoin trading market in China. China does not allow bitcoin trading, so it is necessary to be cautious in investment.
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