The reasons for the price reduction of virtual currency
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.
in the last century's Asian financial crisis, Japan continued to devalue the Japanese yen despite other countries. Although it protected Japan's domestic economy, it had a very bad impact on the world
more people buy everything - the price rises - fewer people buy it - the price falls
and the house and land are in short supply in recent years. When more people buy, the price will naturally stay high
As for bitcoin, we may not be very familiar with it< however, bitcoin has reced the original range because of it, which is also a great shock to all of us, and there are some reasons for the birth of bitcoin we can see that the main process of bitcoin's price rection is that it will rebound at this time, so it will become what it is now. We also feel that people are very surprised by the occurrence of this event. Therefore, if we pay timely attention to this overall environment, then everyone's impression is the result that our family does not want to see{ RRRRR}
at the same time, the main reason for recing the price of bitcoin is that it will change in time, which is also the result that we can all imagine strong>
the current price drop of virtual currency means that some people take advantage of the good news to push the market up, and then take the opportunity to ship , if large customers ship , the market price drops directly , if several large customers ship at the same time, then a big drop will be formed
in addition to the launch of bitcoin futures, the launch of futures itself is for short selling. With more short sellers, the market is very tight. It can also cause a big drop
another is that the price of bitcoin in the whole market follows the trend of bitcoin, and there are very few specific independent trends, such as Ethereum and Boca. Even if there is a period of independent trend, it will be similar to bitcoin trend in some periods
the collapse of digital currency requires large enterprises and institutions to master the delivery rhythm. If the delivery rhythm is not well mastered, it will also cause panic selling. Instead, there will be no better delivery and the market will be smashed
of course, there were examples before. When a project party was working on a project, it went online. Because too many tokens were sent to a large number of users in the early stage, and then they pulled the order by themselves. As a result, they spent a lot of money to pull the order. It was very difficult to pull the order. Finally, they put themselves in. The users were constantly selling, and the project party took the order
cryptocurrency goes down
on the evening of May 19, Beijing time, the European and American stock markets are extremely unstable. The European Stoxx 50 index once fell by 2%, while the U.S. stock market index fell sharply in the early part of the day, and the panic index rose by 15%. After the opening, the three major U.S. stock indexes accelerated their decline, with a decline of about 1.5% as of 22:17
at the same time, the international oil price also showed a sharp drop, with the price of Buyou once falling by more than 2%, and WTI crude oil futures once fell by more than 4% in the day, reaching a new low below US $62.80/barrel since April 27. Judging from the trend of US Treasury bonds, the rise in the yield of 10-year Treasury bonds also means that Treasury bonds are falling
the biggest concern is the decline of cryptocurrency, which can be described as a bloody market. Bitcoin once collapsed by 27%, Ethereum plummeted by nearly 37%, and EOS and adacoin all fell by nearly 50%