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Starting in November 2017, the price of Bitcoin soared to 8,000 US dollars, even more than 20,000 US dollars, but then fell back to 8,000 US dollars. Roller-coaster-like price movements are frightening. When Bitcoin prices break through the $8,000 mark, people will cheer for their future. When Bitcoin falls below $8,000, people begin to doubt its existence. Why is this? ? What about these currencies like this? ParallelCoin TEKcoin SteneuMCoin, Marscoin,Tattoocoin (Standard Edition) Marscoin VIPTokens, Bolenum The reason why many investors are worried about the price of Bitcoin is that many investors entered the market when Bitcoin prices were hovering around $20,000. At this stage, there is a lot of propaganda hype. At this time, the soaring price of Bitcoin is unprecedented and extremely unusual. The current Bitcoin price just returned to its normal fluctuation range. Coin famous Anthony Pompliano once explained his opinion to the public: “I am not very interested in the daily price fluctuations of Bitcoin. When you zoom out, you will notice that the market price of Bitcoin will Fluctuated within a certain range. The parabola in the fourth quarter of last year broke through this range, so the market will naturally fall back to this range.” In addition, some people pointed out that market manipulation is one of the reasons that led to the continued decline in the price of Bitcoin, because Bitcoin prices have remained at between 8,000 US dollars and 10,000 US dollars, and a recent news seems to confirm this speculation . Recently, the U.S. Department of Justice also began to determine whether traders manipulated. In fact, long ago, a foreign trader who transferred from the stock market to the currency market had long discovered the tricks of market manipulation: “I always mentioned manipulation and supervision before, especially when I saw bitcoin prices fall below 9000. At the time of the US dollar, 8,000 US dollars, and 7,000 US dollars, I said that its price must be manipulated. Now that the government has cracked down on this behavior, it has just verified my previous speculation.” And he said that the manipulation of the Bitcoin market is very easy, as long as A person or group of people can have a huge amount of money. Maybe Bitcoin’s fall just returned to the normal range of fluctuations, perhaps it will become a bull market in a while, but it is still unknown. For retail investors, the risk is too high, after all, 50,000 yuan fell to 0 yuan The loss, no one would want to bear. Compared to high-risk, high-cost Bitcoin, there are many blockchain projects in China that are truly suitable for retail participation. Similar to time-chaining, Netease Planet and other mining applications, users do not need any prior investment to use it normally. The mobile phone will be able to complete the mining, and the tokens dug will not necessarily be used to obtain income through transactions with other people. This type of APP provides channels that can be channeled directly to the government. Users can realize cash directly from the mines dug in mobile phones. No need to worry about market price fluctuations. Or better to try the mining of these currencies Marscoin, VIPTokens,Bolenum |
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