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What does the virtual currency plunge indicate

Publish: 2021-04-23 22:30:31
1. The value of virtual currency is reflected in "more people recognize it". At the beginning of any instry, there will be savage growth. Take bitcoin as an example, the peak price of bitcoin is close to $2W, and the current price is only about $6500
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.
2. The main reason for the sharp decline of virtual currency is that a large number of profiteers take back virtual currency, which depresses the market
in addition to being depressed by profit taking, worries about the order processing capacity of Ethereum also contributed to the sharp drop in the price of this digital currency. Last week, the price of Ethernet currency once "collapsed", falling from more than $300 to 10 cents in a few minutes because of the network congestion caused by too many orders.
3. The rise of all digital currencies before [cp] is the price bubble.
we saw six big bubbles, one more serious than one, and each was epic. But when you look back, they're like dots on a chart. With every bubble emerging, trading activity soared, which is what we see now.
many investors have heard about the huge profits of early cryptocurrency investment, and they have entered the market to buy cryptocurrency in order to get higher profits. This has driven the valuation of major cryptocurrencies such as bitcoin, Leyte, ethereal and so on to soar

however, recently, the soaring market of the currency circle has ended and replaced by the bear market

just yesterday, bitstamp data showed that bitcoin fell below the $6000 mark, which was broken again after it fell below the $6000 mark at the end of June. In just two weeks, bitcoin has entered a bear market, returning to bear market for the fourth time this year. Compared with the highest level of the year set at the beginning of the year, bitcoin has long been "cut"

recently, ether currency fell by 17%, the biggest one-day drop since March. Ripple, ether and other digital currencies all fell

it is generally believed in the market that the US Securities and Exchange Commission (SEC) delayed the approval of issuing bitcoin ETF is the main reason for this round of slump. As the ETF is the first digital monetary financial proct, the setback on its listing has dealt a huge blow to the market

according to the analysis of Wall Street, if bitcoin and Ethernet become the new mainstream means of financial payment or the underlying foundation of other commercial applications, their prices will naturally drive up. On the contrary, the price downturn of digital currency may last for quite a long time[/ cp]
4.

in the future, as the central bank starts to tighten monetary policy, the price of bitcoin may usher in further decline foreign media reported that in the latest trading day, as the power of shorting bitcoin began to fight back, the price of bitcoin once fell to $48000, with a decline of 17%. However, as many long institutions began to increase their positions, the price of bitcoin rose again, and the long short fight was fierce, and the price of bitcoin fluctuated frequently in several trading days. The market's view of bitcoin has graally become polarized. People who look at bitcoin are extremely optimistic that bitcoin can replace gold and become a rare asset. But people who watch bitcoin think that bitcoin is worthless, like a hoax, the final bubble will burst. p>

5. There are too many dead virtual currencies, most of which have no innovation, and even many of them are just a means of pyramid schemes. As for which currency you said, there is no way to verify. Most of the dead coins have the following characteristics:
1. They make false propaganda under the guise of bitcoin, and do not have any innovation and application scenario planning
2. Pyramid schemes under the guise of bitcoin, such as Baichuan coin, Morgan coin, etc
3. This kind of virtual currency is pre g or has fatal defects
at present, the well-known digital currencies include bitcoin, Ruitai coin, Ruibo coin, thousand gold card, dog coin, etc
buying currency is risky, so investment should be cautious!
6. Bitcoin is not worth money. Maybe no one wants it
7.

1. When stock speculators see bitcoin diving, this is the best time to enter. They want to buy bitcoin at a low price and then sell it at a high price. In fact, they want to make money by taking advantage of the situation

bitcoin is very popular in recent years. Although I am not optimistic about it, many people are buying it accordingly, although I don't know which talents are the ultimate disaster of bitcoin. But at present, bitcoin is still in a booming market, so many people can't give up this stock and quickly hold it when it's still at a low price. If they don't hold much, even the final loss will not be too big. We all buy this stock with the mentality that we are the luckiest person

8.

Bitcoin is a kind of virtual encryption form of digital currency, which is generated by specific algorithms and a large number of calculations. Different from other virtual currencies, the number of bitcoin is very limited and scarce

on April 18, the virtual money market appeared again; Diving & lt; Not long after & lt; Bitcoin fell below $52000; Compared with the record high of a few days ago, the decline rate reached as much as 19.5%. This fluctuation has had a great impact on the market, and more than 40 billion yuan has gone up in smoke

this time & quot; Diving & quot; Is it & lt; Diving & quot; In fact, the problem of bitcoin is no longer important. The wealth bitcoin can bring is very attractive, which will make many people unable to stop, but they also understand the risk. Finally, there are gains and risks in virtual currency. I hope we don't want to be reaped; Leeks & lt

9.

This big drop in bitcoin prices can be said to have directly led to the collapse of many people. And behind this slump, many people doubt whether there is someone behind bitcoin operating in the dark, controlling the price of bitcoin. Today, we will discuss whether there are hidden operations behind the 470000 people's explosion{ RRRRR}

Third, how to treat the black box operation behind

many people say that the transaction price of bitcoin is controlled by several groups. They control the rise and fall of bitcoin to keep their own funds rising. To tell you the truth, it's possible. As long as you have a lot of bitcoin, you can control the market. But to tell the truth, if we harvest leeks simply by controlling the market trend, it's a bit of a fuss for such a large amount of funds

10.

I think that the reason behind the sharp rise and fall of bitcoin is that funds are playing games and harvesting funds

bitcoin belongs to the ancestor of blockchain. At present, this concept is still in the research stage and has not been applied . Today, financial giants hold the most bits in the market, so they can easily control the price of bitcoin. From the end of 17, it soared to more than US $20000, and then began a round of sharp decline. Many bitcoin speculators entered the market after the sharp rise and were easily reaped by the big crocodiles

bitcoin is the earliest successful example of blockchain application. From the beginning, it was not worth money to now, it is more than 60000 US dollars. Unlike currency, which can reflect the economic situation of a country, bitcoin itself does not reflect the specific economic situation. Its value reflects the recognition of the market. If it is recognized, the price will be high. If it is not recognized, the price will be low. In the world, some countries admit that they can use it to buy things, while more countries do not

Of course, for such a high price, it also attracts global capital to play games. Therefore, today's market is even more exciting than roller coaster, and fluctuates fast and big

investment is risky and must be cautious

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