Potential for growth drives institutions into Bitcoin

It has been more than a decade since cryptocurrency began to fascinate people on social media and especially on the Internet. Bitcoin has become one of the best cryptocurrencies today, no one knows the exact origin of the currency, but it was created in mid-2008 in connection with the Japanese pseudonym “Satoshi Nakamoto”.
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So what exactly is this Bitcoin Currency and why has it managed to maintain its place in the financial markets. Well, the reasons listed below can give you an idea of ​​its popularity and some evidence of its future safe existence.

• Bitcoin is the first decentralized digital currency.
• Bitcoin is an independent floating currency that is neither owned by any government nor linked to any other currency by economic indicators that regulate the value of traditional currencies.
• With its growing popularity among the masses, it now has an increasing level of acceptance at all levels, for example, you can now buy products directly with Bitcoin cryptocurrency and also trade on various platforms such as CoinBase, Bitfinex, Bitstamp, Kraken and more. .
• All you need is a wallet and an internet connection to make peer-to-peer Bitcoin transfers.
• In most cases, transfers are instantaneous.
• Ease of transactions via the Internet or your mobile phone with a few clicks.
• Your privacy is safe compared to other online payment methods where your vital information can be leaked and misused.
• When transferring money by traditional methods, you have to pay a fee depending on the volume of your transactions, and then these transfers are subject to your specific regional and state rules. When trading with Bitcoin cryptocurrency, you are not required to comply with any government regulations, and you do not charge a large fee for transactions.
• As you are the only person with access to your e-wallet, your coins are always with you and no one can steal your money. Thanks to the shared public book, the process and operations are transparent, and anyone can check the transaction at any time from anywhere in the world using the Internet.
• Another advantage of having a Bitcoin cryptocurrency wallet is that your account cannot be frozen.

Given the growing popularity and acceptance of the Bitcoin cryptocurrency, we can confidently assume that the future of Bitcoin is not only secure, but bright enough, and that this innovative payment method will remain here.
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If you had spent $ 27 on Bitcoin, created by Satoshi Nakamoto in 2009, your investment would now be more than $ 37,000,000.

Recognized as the largest investment vehicle of all time, Bitcoin rose rapidly from $ 777 in 2017 to $ 17,000.

Bitcoin, which has created millionaires from opportunistic investors and left financial institutions open, has responded to its critics at every stage this year, and some believe it is just the beginning.

The launch of Bitcoin futures on December 10, which will allow investors to enter the Bitcoin market through the highly regulated US stock exchange for the first time, marks the beginning of a new era.

What makes Bitcoin so valuable is the limited availability. There will only be a maximum of 21 million bitcoins, and unlike regular fiat currencies, you can’t print more than that at any time. The reason for this is that Bitcoin is working on a proven work protocol: to create it, you need to mine it using computer processing power to solve complex algorithms in the Bitcoin blockchain. Once you achieve this, you will be rewarded with Bitcoin as payment for the “work” you do. Unfortunately, since the inception of Bitcoin, the premium you have received for mining has dropped dramatically almost every year, which means that for most people, the only viable way to get Bitcoin is to buy it on the stock exchange. At current price levels, is it worth taking?

Many believe that Bitcoin is just a bubble. I spoke with Duke Randal, a cryptocurrency expert and long-term investor who thinks the asset is overvalued: “I would compare it to many demand and supply bubbles in history, such as the Dutch Tulip Mania and the dot com bubble of the late ’90s. It’s almost embarrassing when you look at the functionality of the currency as a real currency. ” For those who don’t know, the dot com bubble was a period between 1997 and 2001, when many Internet companies were founded and gave overly optimistic estimates based solely on speculation, which then dropped by 80-90% as the balloon began to collapse. 2000s. Some companies, such as eBay and Amazon, have recovered and are now well above these estimates, but for others, it was the end of the line.

Bitcoin was originally created to draw power from our financial systems and allow people to control their money, cut the average person, and allow transactions between peers. However, it is currently one of the slowest cryptocurrencies on the market, its transaction speed is four times lower than the fifth largest cryptocurrency and its closest competitor for Litecoin payment solutions. The unstoppable privacy coin speeds up Monero transactions, boasts an average blocking time of two minutes, and Bitcoin is one-fifth of the time it can do so, without anonymity. Ethereum, the world’s second-largest cryptocurrency, is valued at just $ 676 per Ether, but Bitcoin already has a higher transaction volume than Bitcoin, at $ 16,726 per Bitcoin.

So why is the value of Bitcoin so high? I asked Duke Randala the same question. “Everything goes back to the same supply and demand economy, there is not much bitcoin, and its recent price increase has attracted a lot of media attention, combined with the launch of Bitcoin futures, which many see as the first sign. Bitcoin is accepted by the mass market, resulting in financial gain for many people. Like any asset, the price goes up when there is more demand to buy than to sell. This is bad, because they enter the market without understanding the new investors blockchain and the basic principles of these currencies, that is, they are likely to burn.

Another reason is that Bitcoin is so volatile that it is known to raise or lower thousands of dollars in less than a minute, which, if you are not accustomed to or expecting it, will panic sales of less experienced investors and result in losses. This is another reason why Bitcoin is struggling to be accepted as a form of payment. The price of Bitcoin can vary significantly between sellers accepting Bitcoin from customers and selling it on exchanges for local currencies. This unsustainable move could destroy all their profitability. Will this instability soon disappear? Not likely: Bitcoin is a relatively new asset class, and although awareness is growing, only a very small percentage of the world’s population owns Bitcoin. Volatility will continue until it is more widely distributed and liquidity improves significantly.

So, if Bitcoin is pretty useless as a real currency, what are its applications? Many believe that Bitcoin has evolved from a secure form of payment into a storehouse of value. Bitcoin is like “digital gold” and will simply be used as a benchmark for measurement and trading for other cryptocurrencies and blockchain projects. Recently, in high-inflation countries like Zimbabwe, there have been stories of people buying Bitcoin to keep the wealth they own, rather than seeing their value fall under the carelessness of the central banking system.

Is it too late to deal with Bitcoin? If you believe what these cryptocurrencies will do for the world, it’s never too late to get started, but with such a high price of Bitcoin, it’s a ship for some who are already floating. It would be better if you look at Litecoin, which is growing 6908% for the year, or Ethereum, which is growing incredibly 7521% for the year. These newer, faster currencies are hoping to achieve what Bitcoin wanted to do for the first time since its inception in 2009 and replace government-run fiat currencies.

Who knows what the price of these currencies will be in ten, fifteen or even twenty years? One thing is for sure, this is going to be a wild walk, so we better shut ourselves up.

Basically, volume is a measuring instrument that reflects the overall performance of an instrument based on the number of buyers and sellers in the market. In other words, volume reflects the desire of buyers or sellers over a period of time, as well as the liquidity of the instrument. Although volume can be shown differently in charts, it is usually shown as a single, undirected, histogram showing the total number of buyers and sellers for a given period. Non-directional means that as the price goes higher or lower, the volume bars will usually reach new heights.

Typical volume metrics represent the total number of buyers or sellers for each particular bar. A trader can look at such a volume representation to assess the liquidity of an instrument. This tells him whether he has enough activity to easily enter or leave a position.

Volume levels can also be displayed as Volume Up (buyers) or Volume Reduction (sellers). This type of volume bar shows the sound displayed as two separate indicators, Volume Up (green histogram bars) and Volume Reduction (red histogram bars). By showing the volume in this way, the trader can compare the purchase volume with the sales volume for a certain period of time.

By comparing two-dimensional screens, a trader can assess whether there is more enthusiasm shown by buyers or sellers over a period of time. In the growing trend, buyers need to be more enthusiastic than sellers. When the market peaks, buyers will lose interest and sellers will take over. In the downtrend, sellers need to be more enthusiastic than buyers. Below, sellers will be discouraged and buyers will take over.

The biggest challenge for new traders when learning volume is to identify these specific patterns – or the volume difference as referenced. The first step is simple – to understand the difference in volume.

The difference in volume is that the price goes in one direction and the volume goes in the opposite direction. For example, there are several types of volume differences detected when using a non-directional sound indicator (all volume histogram bars are built above the zero line):

• The price reaches a higher level
  • The volume is low altitudes
• The price is equal heights
  • Delivers volume to higher levels
• The price goes down
  • The volume makes higher descents
• The price falls equally
  • The volume makes higher descents

Once the volume difference is determined, the trader can expect an immediate short-term return. For example, when a volume difference occurs at high levels, the trader will wait for a return to test for sellers. Sellers need to be interested in reversing the price and creating a downward trend. If there is no interest, then the price will continue in its original way.

As with most other trading indicators, volume can be as complex or simple as the trader chooses to do it. Today, there are many types of volume indicators. Some are based on the average of real transactions of buyers against sellers over a period of time. Others are based on order flow, measuring buyers and sellers from the actual order flow. Some are more complex than others and do not have a magic volume indicator. The effectiveness of a volume indicator depends more on the trader’s ability to understand and interpret the volume at any given time than the indicator itself.

What is Bitcoin Black?

Bitcoin Black is basically a cryptocurrency of people, for people by people. It will be adopted for use as a 2 peer payment system that restores power to people.

Speaking of Bitcoin, Bitcoin has failed in this, the real value comes from the real use of the ecosystem and the empowerment of people. Bitcoin transactions are slow and expensive, and Bitcoin is relatively centralized. Bitcoin is gaining people’s power because it is being severely manipulated and through periods that generally deter participants from cryptocurrency.

People buy bitcoin not to get involved in the ecosystem, but to get rich. One percent of elites take advantage of bitcoin and create discouragement, strategically increase prices and attract the pursuit of wealth, and toss coins in their favor. Fear of adoption. Bitcoin is completely controlled, multiplied and manipulated at will for many different reasons.

Bitcoin Black focuses on solving these problems, as the coin is a cryptocurrency with a fair distribution, as it was issued in 1 Million wallets before the IEO, and all funds will go to community-voted communities to advance the project with a focus on fair distribution and publicity. acceptability, usability, education, ease of access, simplicity and community.

The goal is to make it a truly decentralized autonomous network that empowers people. He does not belong to one group, but to many branches of society.

Distribution of coins

Bitcoin Black initially aims to get at least 1 million wallets airdrop, with more than 0.5% of the supply going to one founding member, making it a truly decentralized cryptocurrency.

The project has pre-sales of 2.5% of the total supply, which is almost 900 million coins.

If we look at the IEO, 7.2 billion IEO coins will be allocated to several community funds, which will help the community to move the project forward in the future.

Contraindications to manipulation (about 5%). The part used for the stability control fund to eliminate the possibility of early manipulation of small amounts and maintain currency stability.

Finally, the prizes for introducing the application will be 14.4 billion coins.

Introduction of 30 million members with an increase in the proportion of new users. How to bring a coin to every school / university / workplace and society.

General Supply

The maximum supply is 36 billion coins.

Awards

Members who help share Airdrop will demand 3.6 billion coins.

A simple social sharing platform with one click. Share a social message that provides access to the encrypted video and a software download link that will allow your friends to download it. The platform is currently active and working well.

Innovation

The best innovation is free transactions. You can send bitcoin black to anyone for free. Transactions are instant and you can easily send money until you send a message.

Wallets are easily accessible and very easy to use.

The result

Bitcoin has a fairly widely distributed currency with a wide range of supplies, which will create less volatility and lead to a more stable price by black, synchronized pumps and pits. Bitcoin will be the next bitcoin in black. You can register for airdrop by clicking here. I wish someone would have included me in the Bitcoin airdrop in 2008. Bitcoin Black will change lives, and we want to tell as many people as possible.

Rich rewards often lead to big risks, and so does the highly volatile cryptocurrency market. Uncertainties in 2020 have led to an increase in interest in cryptocurrency trading, a new class of assets, on a global scale by the masses and large institutional investors. Increasing digitalization, a flexible regulatory framework, and the Supreme Court’s lifting of bans on banks working with cryptocurrency companies have halted the investment of more than 10 million Indians in the past year. Several major global cryptocurrency exchanges are actively exploring the Indian cryptocurrency market, which has seen steady growth in daily trading over the past year amid falling prices as many investors look for valuable purchases. As the cryptocurrency frenzy continues, many new cryptocurrency exchanges have emerged in the country, offering functionality through user-friendly applications that allow you to buy, sell and trade. WazirX, India’s largest cryptocurrency trading platform, increased its users from one million to two million between January and March 2021.

What is dragging the world’s largest cryptocurrency exchanges into the Indian market?

Binance, the world’s largest cryptocurrency exchange by trading volume, bought the Indian trading platform WazirX in 2019. Another cryptocurrency startup, Coin DCX, provided investment from BitMEX in the Seychelles and giant Coinbase in San Francisco. Cryptocurrency and blockchain startups in India have attracted $ 99.7 million in investment by June 15, 2021, up from about $ 95.4 million in 2020. Over the past five years, global investment in the Indian cryptocurrency market has increased once. large 1487%.

Despite India’s uncertain policy, global investors are betting heavily on the country’s digital coin ecosystem for a variety of reasons.

• Technology-savvy Indian population

The predominant population of 1.39 billion is young (average age 28-29) and is aware of technology. While the older generation still prefers to invest in gold, real estate, patents or stocks, the new generation is embracing them because they are better able to adapt to high-risk cryptocurrency exchanges. India ranks 11th in the global acceptance of cryptocurrency in the 2020 report of Chainalysis, which shows the excitement about crypto among the Indian population. The government’s attitude to cryptocurrency or the rumors surrounding cryptocurrency does not undermine young people’s confidence in the digital coin market.

India offers the world’s cheapest internet, where a gigabyte of mobile data costs about $ 0.26 and the global average price is $ 8.53. Thus, almost half a billion users use affordable Internet, which enhances India’s potential to become one of the world’s largest crypto economies. According to SimilarWeb, the country is the second largest source of internet traffic to the peer-to-peer bitcoin trading platform Paxful. Although the main economy is still struggling with the “pandemic effect”, the cryptocurrency, which provides a new and faster way for the younger generation to make money, is gaining momentum in the country.

It is safe for parents to say what gold is, that cryptocurrency can become the millennium of India!

• The rise of Fintech Start-ups

The cryptocurrency frenzy has led to the emergence of many trading platforms such as WazirX, CoinSwitch, CoinDCX, ZebPay, Unocoin and many others. These cryptocurrency exchange platforms are highly secure, available on a variety of platforms, and allow instant transactions for cryptocurrency lovers by providing a friendly interface for unlimited buying, selling or trading digital assets. Many of these platforms accept an INR of up to 0.1% for purchases and trading fees, so simple, fast and secure platforms offer a lucrative opportunity for both first-time investors and local traders.

WazirX is one of the leading cryptocurrency exchange platforms with more than 900,000 users and offers customers peer-to-peer transaction capabilities. CoinSwitch Kuber provides the best cryptocurrency exchange platform for Indians and is ideal for both beginners and everyday workers. Unocoin is one of the oldest cryptocurrency exchange platforms in India, covering more than one million traders through mobile applications. CoinDCX offers users 100+ cryptocurrencies to exchange and even insures investors to cover losses in the event of a security breach. Thus, global investors are looking at a plethora of cryptocurrency exchange platforms in India to take advantage of the emerging market.

• Mixed Government Response

A bill banning virtual currency could come into force, criminalizing anyone involved in the ownership, issuance, drilling, trading and transfer of crypto assets. However, Finance and Corporate Affairs Minister Nirmala Sitharaman eased concerns among some investors, saying the government did not plan to completely ban the use of cryptocurrency. In a statement to Britain’s leading newspaper, the Deccan Herald, the finance minister said: “On our part, we make it very clear that we have not closed all options. We will allow certain windows for people to experiment with blockchain, bitcoins, or cryptocurrency.” It is clear that the government is still investigating the national security risks posed by cryptocurrencies before deciding to impose a complete ban.

In March 2020, the Supreme Court overturned the central bank’s decision to ban financial institutions from engaging in cryptocurrencies, prompting investors to flock to the cryptocurrency market. Despite fears of a ban, the volume of transactions continued to grow, and user registration and cash inflows at the local cryptocurrency exchange increased 30 times compared to a year ago. Unocoin, one of India’s oldest exchanges, added 20,000 users in January and February 2021. In February 2021, the total volume of Zebpay was equal to the volume created during the entire month of February 2020. In an interview with CNBC-TV18, the Finance Minister, who is tackling the cryptocurrency scenario in India, said, “I can only give you a hint that we are not closing our minds, we are looking at ways in which experiences can happen in the digital world and cryptocurrency.”

Instead of sitting on the sidelines, investors and stakeholders want to make the most of the spread of the digital coin ecosystem until the government bans the “private” cryptocurrency and declares a sovereign digital currency.

Is India Towards Financial Inclusion with Cryptocurrency?

The steady increase in the number of female investors and traders, once considered the “Boys’ Club” due to the dominance of men in the cryptocurrency market, has led to greater gender neutrality in new and digital forms of investment methods. In the past, women remained committed to traditional investments, but now they are becoming risk takers and entering the crypto space in India. After the Apex court clarified the legitimacy of the “virtual currency”, the Indian cryptocurrency platform, CoinSwitch witnessed a 1000% exponential increase in the number of female users. Although female investors are still a small part of the crypto community, they are fiercely competitive in the Indian market. Women tend to save more than their male counterparts, and greater savings mean greater diversity in investments such as high-yield assets such as cryptocurrencies. Also, women are more analytical and better assess the risks before making the right investment choice, so they are more successful investors.

Increasing the basic institutional acceptance of cryptocurrencies

The uncertainty and panic created by SARS-Covid 19 led to a liquidity crisis even before the economic crisis began. Many investors have turned their shares into cash to protect their finances, which has resulted in lower prices for bitcoin and altcoin. But even though the cryptocurrency suffered a major crash, it managed to become the best performing asset class of 2020. With the growing weakness of the system and the loss of confidence in the central bank’s policy and current design of money, people have a growing appetite for digital currencies, which has resulted in the return of cryptocurrencies. Due to the excellent performance of cryptocurrency in the middle of the global financial crisis, the upward trend has strengthened interest in the virtual currency market in Asia and the rest of the world.

In addition, digital payment gateways, such as PayPal, have also supported cryptocurrencies that allow consumers to store, buy, or sell virtual assets to increase society’s need for convenient and secure transaction solutions. Tesla CEO Elon Musk recently announced that he had invested $ 1.5 billion in the cryptocurrency market and that the power company would accept bitcoin from buyers, raising the international price of bitcoin from $ 40,000 to $ 48,000 in two years. day Visa and Mastercard, two of the largest payment platforms in the world, also endorse cryptocurrencies as a tool for transactions. Although Visa has already announced that it will allow transactions with stable coins on the Ethereum blockchain, Mastercard will start trading in cryptocurrency in 2021.

What awaits the future of the cryptocurrency market in India?

The Indian cryptocurrency market is not immune to terrible cryptocurrency accidents. Despite the large investments of their global counterparts, local investors are still reluctant to invest in cryptocurrency due to the uncertainty surrounding the legitimacy of the digital coin ecosystem in India and the high volatility of the market. Although the cryptocurrency market has grown rapidly since last year, Indians own less than 1% of the world’s bitcoin, which is a strategic disadvantage for the Indian economy. The Indian government plans to set up a new panel to explore the possibilities of regulating digital currencies in the country, as well as focus on blockchain technology and offer suggestions for technological improvements.

The ability of blockchain technology to provide a secure and unchanging infrastructure has been implemented by various industries to instill transparency in operations. For a country with more than 15 million cryptocurrencies, the committee’s new recommendation could be of great value in determining the future of cryptocurrency in India. However, stakeholders believe that technical and economic power will make India a major player in the cryptocurrency and blockchain market. Gradually, cryptocurrency is gaining general acceptance, which may lead to higher adoption of digital currency.

According to someone else TechSci Research “Indian Cryptocurrency Market By Offer (Hardware and Software), By Process (Minning and Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, etc.), By End User (Banking, Real Estate, Exchange and Virtual Currency ), Region, Forecast & Opportunities, 2026 “, Indian cryptocurrency is expected to grow at a significant CAGR level due to increased transparency requirements and reduced operating costs. In addition, increasing adoption of digital currency and increasing blockchain technology are strengthening India’s cryptocurrency market.

Cryptocurrency has introduced not only the fastest way to transfer money, but also a new institution to trade and make money in addition to stocks and other goods. Although you can buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue trading with cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure, and many advanced services also help customers. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is advisable to look at the opinions of some people before giving up one. Below is a brief overview of the world’s best Bitcoin exchanges.
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CoinBase: This is probably one of the most well-known and largest Bitcoin trading exchanges with direct and binary object trading through the wallet. CoinBase was founded in 2012 by finding a venture for Y-Combinator and has grown rapidly since then. Its many options for depositing and withdrawing cash, wallet capabilities with numerous signature options for instant, more secure transfers between two CoinBases, Bitcoin deposits are insured against any loss, and more. Europe and the United States, which allow operations to be carried out without hindrance. It has relatively low transaction fees and offers a large number of Altcoin trades as well as Bitcoin trades.
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CEX.IO: One of the oldest and most well-known exchanges, launched in 2013, as the Bitcoin Trading Exchange in London and also as an assistant to cloud mining. Later, its mining capacity increased so much that it captured about half of the network’s mining potential; but is now closed. CEX.IO allows customers to expand their Bitcoin trading to a greater extent, and it has the ability to offer Bitcoin immediately at the requested price. However, this exchange requires a slightly higher exchange rate, but this is offset by the security and opportunities that allow a multi-currency transaction (Dollar, Euro, and Ruble) to receive Bitcoin.
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Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. Ethereum, as well as this highly liquid exchange for Bitcoin, has better options such as leveraging, margin financing, and multiple order trades. In addition, Bitfinex offers customizable GUI features, limit, stop, stop, market, and more. offers many types of orders such as. The exchange also offers about 50 currency pairs that can be traded and easily withdrawn for everyone. One of the largest exchanges in terms of trading volume, Bitfinex offers a nickname for trades and only for some services that require identification. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
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Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. Most respected, because despite being the oldest, it has never been under security threat, and until recently. Bitstamp currently supports four currencies: Bitcoin, Ethereum, Litecoin and Ripple, and is also available in mobile applications in addition to trading from the website. It has excellent support for European users or traders with Euro Bank accounts. Security is an improved and cold storage type, meaning coins are stored offline. So you can say that it is absolutely impossible for any hacker to leak. Finally, the sophisticated user interface shows that it is for professionals, not for the inexperienced user, and offers relatively low operating fees.
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Kraken: It is one of the largest Bitcoin trading exchanges in terms of liquidity, euro cryptocurrency trading volume and Canadian Dollar, US Dollar and Yen trading figures. Kraken is the most respected exchange managed by the turmoil of cryptocurrency trading, and at the same time has managed to keep client amounts safe, regardless of the breakdown of other exchanges. With 14+ cryptocurrency trading objects, the user can deposit fiat and cryptocurrency with the same withdrawal ability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is that he is trusted by the public and is the first to show volumes and prices at Bloomberg Terminal.
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The difference between Bitcoin and Central Bank Currencies

What is the difference between the authorized currency of the central bank and Bitcoin? The carrier of the central bank’s authorized currency may offer it only for the exchange of goods and services. The owner of Bitcoins cannot bid on it because it is a virtual currency that is not allowed by the central bank. However, Bitcoin owners can transfer Bitcoin to another Bitcoin member’s account by exchanging goods and services and even the central bank’s authorized currencies.
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Inflation will reduce the real value of the bank’s currency. Short-term changes in supply and demand for bank currency in the money markets affect the change in the cost of borrowing. However, the face value remains unchanged. In the case of Bitcoin, its face value and real value vary. We have recently witnessed the fragmentation of Bitcoin. This is something like a split in the stock market. Companies sometimes divide a share into two or five or ten parts, depending on the market value. This will increase the volume of transactions. Therefore, although the internal value of the currency decreases over time, the internal value of Bitcoin increases as the demand for coins increases. As a result, the accumulation of bitcoins automatically allows a person to earn. In addition, the first owners of bitcoins will then have a great advantage over other bitcoin owners who enter the market. In this sense, Bitcoin behaves as an asset with increasing and decreasing value, as evidenced by price volatility.
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When original producers, including miners, sell Bitcoin to the public, the money supply in the market decreases. But this money does not go to the central banks. Instead, it goes to a few people who can act as a central bank. In fact, companies are allowed to raise capital from the market. However, they are regulated operations. This means that as the total value of bitcoins increases, the Bitcoin system will have the power to interfere in the monetary policy of central banks.
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Bitcoin is very speculative

How do you get Bitcoin? Of course, someone has to sell it, at a price determined by the Bitcoin market and probably the sellers themselves. If there are more buyers than sellers, then the price goes up. This means that Bitcoin acts as a virtual commodity. You can collect and sell them later for profit. What will happen if the price of Bitcoin falls? Of course, just as you lose money on the stock market, you will lose money. There is another way to get Bitcoin through mining. Bitcoin extraction is the process of checking transactions and adding them to a public ledger known as a black chain, as well as issuing new bitcoins.
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How liquid is Bitcoin? It depends on the volume of transactions. The liquidity of a share on the stock exchange depends on the value of the company, free circulation, supply and demand, etc. depends on factors such as. In the case of Bitcoin, a free float appears, and demand is a factor that determines its price. The high volatility of the Bitcoin price is due to less free float and more demand. The value of a virtual company depends on the experience of their members in Bitcoin transactions. We can get some useful feedback from its members.

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What could be the biggest problem with this operating system? No member can sell Bitcoin. This means that you must first obtain something of value by bidding or mining Bitcoin. Most of these valuables eventually go to the original seller of Bitcoin. Of course, an amount like profit will go to other members who are not the original producers of Bitcoins. Some members will also lose their valuables. As the demand for Bitcoin increases, the original seller can produce more Bitcoin, as is done by central banks. As the price of Bitcoin in the markets rises, the original producers will be able to slowly release their bitcoins into the system and make huge profits.

Bitcoin is an unregulated private virtual finance instrument

Bitcoin is a virtual financial instrument, although it does not correspond to a full-fledged currency and does not have legal sanctity. If Bitcoin owners set up a special tribunal to resolve their problems with Bitcoin transactions, then they may not have to worry about legal sanctity. Thus, it is a private virtual finance tool for an exceptional group of people. People with bitcoins will be able to buy large amounts of goods and services in the public sphere, which can destabilize the normal market. This will be a problem for regulators. The inaction of regulators could lead to another financial crisis, as during the 2007-08 financial crisis. As always, we can’t judge the tip of the iceberg. We will not be able to predict the damage it may cause. Only in the last stage, when we can do nothing but emergency response to survive the crisis, we see everything. We have been living this since we began to experiment with the things we want to control. In some we have succeeded, in others we have failed. Do we have to wait until we see everything?
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A more important question for virtual currency investors is whether this round of rising currency prices will restart the bull market or the bear market trap.

Bitcoin rose in just one hour last night. The price has risen from a violent $ 6,800 to a maximum of $ 8,100. Increased by about 20% during the day. Under Bitcoin’s leadership, other virtual currencies also rebounded strongly, with single currency earnings even surpassing 50%. Faced with the collective warming of the virtual currency market, many investors shouted, “The bull market is back.”

According to the website CoinMarketCap, the market value of Bitcoin increased by about $ 20 billion in one day, and the entire virtual currency market also experienced a general market growth. There was no “search” effect. According to the data, the daily trading volume of Bitcoin exceeds 9 billion US dollars, yesterday the market should receive billions of dollars instead of equity funds.

In fact, during the rise of Bitcoin, the digital currency trading platform Bitfinex also recorded a number of major acquisitions. With the increase in the purchase of Bitcoins, many shorts were forced to close their positions, further expanding the upward trend in the market. Nick Kirk, information director of Cypher Capital, also confirmed the phenomenon. At the same time, he believes that this sharp rebound is more likely to be a response to the release of early regulatory pressures.

Pantera Capital Management, one of the world’s largest digital currency hedging funds, said Bitcoin had reached the bottom. $ 6,500 is the lowest point for the Bitcoin bear market. Bitcoin will be above this price for most of this year, and may even exceed last year’s record of $ 20,000.

Fundstrat founder Tom Lee also said he trusted Bitcoin. He believes that the current Bitcoin P / B ratio and other indicators are almost the same as at the end of the market in 2014 and formed an important technical correction. Based on this, he said that the value of Bitcoin could more than triple this year and rise to $ 25,000 by the end of this year.

Historical data show that Bitcoin actually rose in price in the second quarter of the calendar year. In the second quarter of 2011, bitcoin rose by 1964%, in 2012 by 36.25% … in 2016 by 61.98%, in 2017 by 131%.

Of course, the volume of Bitcoin OTC also shows signs of market recovery. Since March, bitcoin trading in Canada, Europe, Vietnam, Mexico and Vietnam has reached record levels.

The financial dimension of the virtual money market will be further expanded with the consistent adoption of large financial institutions such as the hedge fund giant Soros and the Rockefeller family of the best financial group.

However, it should be noted that although Bitcoin is currently showing strong growth, it is still on a downward trend and has not yet been effectively broken. It remains to be seen whether the virtual currency market will actually turn upside down. Investors should always be vigilant and focus on managing positions.

More importantly, the world’s major Bitcoin markets, including the United States, have sought to establish regulatory frameworks. Uncertainty of regulation will inevitably have a greater impact on the short-term development of the virtual currency market. In the long run, a regular, healthy market can go even further.

A more important question for virtual currency investors is whether this round of rising currency prices will restart the bull market or the bear market trap.

Bitcoin rose in just one hour last night. The price has risen from a violent $ 6,800 to a maximum of $ 8,100. Increased by about 20% during the day. Under Bitcoin’s leadership, other virtual currencies also rebounded strongly, with single currency earnings even surpassing 50%. Faced with the collective warming of the virtual currency market, many investors shouted, “The bull market is back.”

According to the website CoinMarketCap, the market value of Bitcoin increased by about $ 20 billion in one day, and the entire virtual currency market also experienced a general market growth. There was no “search” effect. According to the data, the daily trading volume of Bitcoin exceeds 9 billion US dollars, yesterday the market should receive billions of dollars instead of equity funds.

In fact, during the rise of Bitcoin, the digital currency trading platform Bitfinex also recorded a number of major acquisitions. With the increase in the purchase of Bitcoins, many shorts were forced to close their positions, further expanding the upward trend in the market. Nick Kirk, information director of Cypher Capital, also confirmed the phenomenon. At the same time, he believes that this sharp rebound is more likely to be a response to the release of early regulatory pressures.

Pantera Capital Management, one of the world’s largest digital currency hedging funds, said Bitcoin had reached the bottom. $ 6,500 is the low point for the Bitcoin bear market. Bitcoin will be above this price for most of this year, and may even exceed last year’s record of $ 20,000.

Fundstrat founder Tom Lee also said he trusts Bitcoin. He believes that the current Bitcoin P / B ratio and other indicators are almost the same as at the end of the market in 2014 and formed an important technical correction. Based on this, he stated that the value of Bitcoin could more than triple this year and rise to $ 25,000 by the end of this year.

Historical data show that Bitcoin actually rose in price in the second quarter of the calendar year. In the second quarter of 2011, bitcoin rose by 1964%, in 2012 by 36.25% … in 2016 by 61.98%, in 2017 by 131%.

Of course, the volume of Bitcoin OTC also shows signs of market recovery. Since March, bitcoin trading in Canada, Europe, Vietnam, Mexico and Vietnam has reached record levels.

The financial dimension of the virtual money market will be further expanded with the consistent adoption of large financial institutions such as the hedge fund giant Soros and the Rockefeller family of the best financial group.

However, it should be noted that although Bitcoin is currently showing strong growth, it is still on a downward trend and has not yet been effectively broken. It remains to be seen whether the virtual currency market has really turned upside down. Investors should always be vigilant and focus on managing positions.

More importantly, the world’s major Bitcoin markets, including the United States, have sought to establish regulatory frameworks. Uncertainty of regulation will inevitably have a greater impact on the short-term development of the virtual currency market. In the long run, a regular, healthy market can go even further.