Impact of epidemic situation on BTC
The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation
e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
As for bitcoin's sharp rise and breaking the $48000 mark, I believe no one will expect that. What are the reasons for bitcoin's sharp rise? Will bitcoin continue to soar in the future? With these questions, let's analyze this problem. Here are my personal thoughts and opinions, for your reference and discussion only
the above has explained various factors of bitcoin soaring, but none of these factors is under our personal control, and when you invest, you can't guarantee that you can bear the loss, so when you choose to invest in bitcoin, you are doomed to pay for your decision, The world is so big and there are so many procts to invest in. Why choose bitcoin with such high risk? The above is my personal views and ideas, for reference only
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.
although bitcoin has experienced a sharp drop, its price is still very strong, and there are still many people like bitcoin
since the advent of bitcoin, it has been favored by investors. With the attention of various countries to digital currency, bitcoin has attracted the attention of many investors, including some rich investors. The boss of Tesla has bought hundreds of millions of dollars of bitcoin, and the price of bitcoin has gone up all the way
First, bitcoin is favored by many people, and some people still invest in bitcoin after the crash< p> Since the birth of bitcoin, because of its decentralization and anonymity, it has been loved by many investors, and even many people trade with bitcoin. The price of bitcoin has also gone up from a few cents to tens of thousands of US dollars. Since the development of the epidemic, bitcoin has replaced gold as the preferred investment proct for many investors. Although bitcoin has plummeted several times along the way, it has not affected the enthusiasm of investors. On the contrary, more people have come to invest{ RRRRR}bitcoin is favored by market investors, so many people are not afraid of a sharp drop. If you have any other opinions, please leave a message to discuss
It can be said that the price rise of bitcoin was very hot before the big fire in bitcoin market. From the end of last year, that is, the end of December, the price of bitcoin was less than $20000. In just four months, the price broke through $60000, and the increase rate was three times, 300%{ RRRRR}
as for the reason of the fire, we really have no way to make an effective conjecture. We can only say that before, the epidemic caused the global central bank to release water, that is to say, almost all countries are releasing water, and a large number of money printing led to inflation. In order to effectively combat inflation, we need to find new and effective investment ways, simply put money in the bank, We can't beat inflation any more, so if we focus on this new type of currency, coupled with the capital drive behind it, driven by tens of billions of capital, its price will naturally rise rapidly
the future trend is not optimistic, because many people are short of bitcoin and are not optimistic about the development of this kind of digital currency
for investment procts such as bitcoin, in fact, such investment procts will fluctuate violently, so it is very normal to have a 15% slump. But for those who invest in bitcoin, it may be difficult for them to bear the loss brought by the withdrawal of bitcoin, because when they invest in bitcoin, they only want to make money
bitcoin plummeted 15% in one day
for the small partners who invest in the stock market, we know that the stock market has already dropped to the limit when it fell to 10%, but for procts like bitcoin, because bitcoin itself has very large fluctuations, when bitcoin plummeted, the extent of the slump was also very exaggerated, reaching 15% in one day, More than 40 billion dollars disappeared in a flash{ RRRRR}
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
this is mainly related to the bitcoin market, because the global economy has graally recovered, so bitcoin is not so popular when we talk about bitcoin, there are actually many angles to talk about this issue. As for the collapse of bitcoin, I want to talk about the recent market from the perspective of the world economy bitcoin is collapsing again since the advent of bitcoin, bitcoin has been in a frenzied rising market, and occasionally there will be a collapse. No matter what, the current market of bitcoin is very prosperous, and many people believe in the future of bitcoin, although the market of bitcoin has reached more than $50000, But a lot of people believe that bitcoin could go up to $200000. Whether it can reach 200000 US dollars or not, the current bitcoin market is really complicated{ RRRRR}
In fact, there is one more detail that we need to pay attention to, that is, the price of bitcoin has been directly reced from US $60000 to US $52000, and countries have directly indicated that they will strengthen supervision. Before that, you should know that the price of bitcoin soared from more than 10000 US dollars to 60000 US dollars. It's boring. Why didn't the regulators of various countries directly intervene in such a long period of time? So today we will discuss the factors that affect the fluctuation of bitcoin{ Third, the confidence of consumers or investors
in the past few months, bitcoin's long-term success is that the manual has brought her a high degree of popularity, and at the same time, its price has gone up by leaps and bounds. But everyone is tired. After seeing some information about bitcoin for a long time, we are not very interested. The visual impact of tens of thousands of dollars has lost any freshness. In this case, everyone's investment enthusiasm for bitcoin will naturally decline, which will lead to its price decline
When it comes to bitcoin, we still have a certain understanding of it. In fact, bitcoin is a virtual currency, and now it has a corresponding rise. During the epidemic period, the price of one of its stock markets has risen several times< there are many forms of such a rise, and relevant personnel feel that it is a very false phenomenon and a fraud because ring the epidemic period, the global economy is shrinking correspondingly, so they will choose to transfer one of their own money at this time, so that we can maintain the value of their own money. This is also a very abnormal thing{ RRRRR}
therefore, in a relatively loose and tight monetary policy, it is a very good phenomenon and a very good thing for us to choose a bitcoin at this time< If a relevant mining is carried out through a relevant data of bitcoin, then the income generated is very good, which is also what we can understand and imagine