Will the price of BTC decrease

1. Yes, because the price of mining machinery soars because of bitcoin, so it will also fall because of the fall of bitcoin.

2. not always. But the overall trend is bullish
on November 28, 2012, BTC was halved for the first time, from $2.01 to $1178, an increase of nearly 600 times
on July 10, 2016, BTC halved for the second time, from $163.65 to $19800, an increase of more than 120 times
BTC is expected to halve for the third time in May 2020.

3.

bus route: sightseeing No.2 → Metro Line 3 → no.615, the whole journey is about 17.3km

1. Walk about 10m from Jinwei road to Jinwei Road Station

2. Take sightseeing No.2, pass by 2 stations, reach xiaoshulin station

3. Walk about 490 meters to jinshiqiao station

4. Take Metro Line 3, pass by 7 stations, reach Tianta station

5, walk about 470 meters, Take bus no.615 to Tianta station, then take bus no.612 to Meijiang Convention and Exhibition Center Station after 7 stops

4. In fact, if we look at the price of bitcoin

5. The price of a commodity is determined by the amount of value and is affected by the relationship between supply and demand
therefore, the decline of its value does not necessarily lead to the decline of its price!

6. The price level P = m / M (real money), when the price level drops, the real money will increase. The LM Curve in the IS-LM curve wants to move to the right, while the is curve does not change, resulting in the decrease of interest rate and the increase of national income. In fact, the demand for money remains unchanged while the supply increases, which leads to the decrease of interest rate
the price level is calculated by weighting all the prices of a certain commodity or service item in a certain region or period with the same measurement factor (exchange value expressed in currency), which reflects the comprehensive average price index of all such commodity or service items in a certain region or period.

7. If the price is too high, people's purchasing power will decline, resulting in demand exceeding demand, and goods will pile up.

8. Both deflation and inflation belong to a morbid state in the monetary field, but the harm of deflation to economic development is more serious than inflation. First, deflation will accelerate the recession. As the price level continues to decline, people will inevitably be pessimistic about the economy, holding money to wait and see, further shrinking consumption and investment, and accelerating the recession of the economy. Secondly, the decline of prices will make the real interest rate rise, enterprises dare not borrow money for investment, the burden of debtors will increase, profits will decrease, and even cause losses and bankruptcy. Due to the depression of business operation, it is difficult to recover bank loans in time, there are a large number of bad debts, and it is difficult to find profitable good projects. Business will also have difficulties, and even face "financial panic" and the risk of depositors' withdrawal, which will cause bank bankruptcy and make the financial system face collapse. Third, the deterioration of the economic situation and people's expected psychological interaction, will make the economy into a spiral vicious circle. At the same time, this kind of deflation will be exported to foreign countries through international exchanges, and the worldwide deflation will in turn aggravate the domestic deflation situation.

9. Because of the small amount of money in circulation in the market, supply will fall short of demand. That is to say, money as a commodity will become valuable. When purchasing other commodities, you can use a small amount of money to buy as many commodities as before. Indirectly, prices will fall.

10. Farmers' income = output of agricultural procts * price of agricultural procts

to put it simply, when the output of agricultural procts rises (bumper harvest), there are more agricultural procts in the market, should the price drop<

because the market tends to balance supply and demand.

for example, when you go to buy agricultural procts, you need to buy 10kg agricultural procts at a price of 10 yuan / kg.

if the price drops, you will tend to buy more agricultural procts. But suppose the price becomes 8 yuan / kg, will you buy 20kg agricultural procts

I'm afraid not. Then you may buy 11kg. Because you may not be able to eat up the surplus. (such as rice)

so in the market, you only buy 88 yuan of agricultural procts, but the farmers need 100 yuan to make a living.

if there were only two of you in the market, one provided and the other consumed.

originally, when the farmers proced 10kg procts, they could earn 100 yuan, Now, because you only need 11kg, and the price is only 8 yuan / kg, farmers can only earn 88 yuan, so the income will drop

in this way, you can more easily understand the previous concept: elasticity

the price has decreased by 20% from 10 to 8, and the demand has increased by 10% from 10 to 11.

the ratio of the change percentage of demand to the change percentage of price has negative infinity, 0,0-1,1, [1, In this case, the ratio of 10% / 20% = 0.5 is the so-called lack of elasticity.

because most agricultural procts are necessities of life and have the characteristics of stable demand, that is, rigid demand.

that is, your demand is not sensitive to the price, You are not willing to buy a lot more.

this is the problem you may encounter.

as for whether this question is correct or not, it is true under the normal premise, and within a certain range, but for example, in special cases such as large exports and inventory accidents.,