Bitcoin falls sharply in August 2018
In the early morning of January 2, Beijing time, foreign media reported that at the beginning of the new year, the life of bitcoin has been difficult
this is the first time since 2015 that the cryptocurrency has opened a new year in the form of a sharp fall, further aggravating its decline since it hit a record high of $19511 on December 18
The surging trend of 
has given birth to a variety of other cryptocurrencies, and also made bitcoin enter the wall street in the form of futures contracts. On December 18, the Chicago Mercantile Exchange launched for the first time a derivatives agreement that some traders thought would encourage short positions, and bitcoin peaked a few hours later
virtual is always virtual
There are many reasons for bitcoin's collapse. I think it is mainly because it has no government policy support, the conflict between cash bitcoin and virtual bitcoin, and the decline of public confidence in it. First of all, bitcoin is not supported by the government. It is not protected by relevant government policies. In China, the protection of the government is a big protective film. With policy protection, the impact of this slump will be minimized, and the government will share part of the pressure{ RRRRR}
in any case, there are a lot of reasons for bitcoin's collapse, and each has its own views
Since January, the real supervision has not come, only a few ambiguous scrapes have come, the exchange is still there, the project party has not gone, the media of the office is getting better and better, and the related instries are also sleeping day and night. But the bear market has come. It seems that it is unwilling to go. It went down in January, fell in February, and was sluggish in March. Many people cry out that it is a pity to abandon them. They are very surprised. Some people say that the 2014 bear market will repeat itself, while others say that the past is good and we should hold on. We might as well think from the following angles and get our own answers
"bitcoin is the vane of the digital money market. The rise and fall of bitcoin price determines the heat of the overall market and the ability to attract external funds. Therefore, we mainly discuss bitcoin and other mainstream digital currencies."
Like the development and prosperity of the stock market, the game of multi countries will become the theme of the future. Investors will also become more rational, and graally rece the weight of policy in the face of digital money marketWhere will ICO itself go and what will the currency of investment be
answer: as a means of financing, ICO is more efficient than IPO and more fair in the distribution of profits. Of course, its own limitations will also limit the development of this financial instrument. ICO and IPO will exist for a long time in the future, serving different instries. Whatever is suitable for token will promote the development of ICO, as well as in policy. IPO will not disappear, because it is more in line with the existing legal framework, in line with international standards and other first mover advantages will support him to continue to maintain the financial channel of related instries
some people say that this is the result of other people's manipulation, but in my opinion, few people can directly control the bitcoin market
for those small partners who like to invest, they should often hear conspiracy theories. For example, a slump is the result of someone else's manipulation, and every surge is the result of someone else's pull-up. I think this idea is untenable, because the market of bitcoin can't be controlled by an indivial, This is a comprehensive reflection of the global economy
bitcoin plummeted $8000 an hour US $8000 is not a small number, because we know that bitcoin's current market is about US $50000. For those small partners who take over bitcoin at a high level, US $8000 means a withdrawal of almost 20%. This range is hard for many normal investors to accept, and many small partners with poor psychological quality are very scared{ RRRRR}
Bitcoin prices plummeted in the early morning, falling nearly $33 in four hours. The reasons for the decline are as follows:
1 2 3 bitcoin, as an emerging instry, is loved by many people. The financial attributes of bitcoin blockchain can change the future of the Internet, which makes a lot of speculative funds start to speculate compared with bitcoin. After the speculation, they may face great risks. The price of bitcoin plummeted in the early morning, and fell nearly $33 in four hours. The reason for the decline is that the valuation is too high. The market has been panicked. A digital currency can be worth more than 300000 yuan. This is something that many people can't imagine. The key is that such a virtual currency has not been recognized by any government. After the speculation of investment funds, it has been out of business, No one is willing to take over at a high level, which is the main reason for the decline recently, bitcoin led virtual currencies have seen a large-scale rise, which makes a lot of speculative funds make huge profits. At this time, they will sell bitcoin if they want to cash in their profits. If the selling is too big, someone will lower the price, This led to the fall of bitcoin, which led to panic
Bitcoin, as the first generation of cryptocurrency loved by thousands of investors, once doubled its value in the first half of this year, with an increase of more than 250%, which attracted many investors. However, in recent days, there has been great turbulence in the bitcoin market, and bitcoin has collapsed. In just a few minutes, bitcoin plummeted from US $7900 to US $7500, with an overall decline of more than 10%. It's the lowest price since May. The reason why the price of bitcoin falls like a waterfall is inseparable from its own network performance and changes in the external environment
although bitcoin has reached a new low in the market after the crash, many investors are blindly calling for bottom hunting, but most analysts believe that the risk of bitcoin's subsequent market fluctuation is still great. On the whole, the short momentum is relatively strong, and the banks may still exist under the market. On the value of bitcoin, it may continue to extend downward. From a technical point of view, the short-term trend of bitcoin tends to be bearish. In the long run, if you control your position and wait for a large amount of funds to enter, there may be a reversal
The reasons for bitcoin's collapse are as follows:
1. Tesla stopped bitcoin payment, which made bitcoin lose its payment function 2 with the increasing popularity of the Internet, more and more people begin to pay attention to emerging instries. As a leader in the emerging instry, bitcoin has developed very well in recent years. Bitcoin has been regarded as the air outlet for the transformation of the Internet instry, which shows that bitcoin technology has been recognized by many people, and the valuation of bitcoin is also rising. Bitcoin plummeted because Tesla stopped bitcoin payment, which frustrated many people's desire to become a new payment tool; Musk suggested that the company had cleared its position and sold bitcoin, which led to the short of bitcoin and the loss of long momentum; Finally, many bank accounts do not allow bitcoin trading, which makes bitcoin face regulatory risks and thus lose liquidity