Virtual currency keeps falling
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.
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.
1: the bubble is too big and the price is too high.
Two: there are too many coins, less bills and more bills
Three: platform smash, too many players will also smash
Four: no one will play if you give less empty coins. If you give more, you will smash the plate. If you smash away, you will smash it next
Five: what you can dig is also free. You can only dig but not buy it. You can sell it when you dig.
with the rapid rise of bitcoin, Leyte and other digital currencies, Ruitai currency has been stagnating. Is it ready to go, or is it just in a moment.
no one knows if there will be another climax. Last year's climax was mainly driven by the Chinese market, and the next round may be driven by Brazil, Russia, India and Japan. Therefore, I believe that last year's climax is not the only one
at the beginning of its emergence, bitcoin has attracted great attention of the government, and most Western democratic governments adopt an unrestricted and discouraged attitude, and even regard bitcoin as a financial innovation, and let it develop as long as it is not used in criminal activities
the saying that bitcoin has no real value can not be accepted. As long as everyone accepts it, then it is valuable. Its value lies in that it can not be over issued, avoiding the weakness of inflation caused by over issuance of traditional currency< br />