Bitcoin diagram
the biggest difference between bitcoin and traditional currency is that there is no central issuing institution for bitcoin - people only need to run bitcoin software to participate in the proction of bitcoin, which is called "mining". Bitcoin is the first decentralized monetary system in human history, which is not based on the trust in the central issuers.
Bitcoin is not the mainstream currency now. Its skyrocketing price has nothing to do with us ordinary people for the time being, but it is far fetched to say that its bull market is coming. This may be just a short-term rebound
the peak value of bitcoin used to be US $20000. Since it fell to US $3500 in 2018, it has been in a state of occasional rebound. Although it has risen by 20%, it is still only US $5000. Compared with the high price of US $2W, it is only one fourth
at present, there is no clear statement about the attitude of government agencies in various countries towards bitcoin, especially as the world's largest bitcoin procer, the attitude of the Chinese government is more important, but until now, no official attitude has been found. The market is waiting to see, this wave of rise is likely to be the chain reaction caused by the reluctance of most holders to sell
at present, most people are bearish on bitcoin, but as an encrypted digital currency, whether it can be controlled is the government's consideration. If a currency is not effectively regulated, it will become a paradise for black instry. The damage to the economy and society will be immeasurable
therefore, at present, bitcoin is only a game for a small number of players, and the current holder is just a quilt. They hope to soar, but at present, it can only be a disappointing result