LOEX Global 7.10 Day Quote: What is driving the bitcoin price is getting higher and higher, and the altcoin is accelerating to zero.
BTC rallied yesterday, and continued to rise alone this morning, oscillating around 12,500 US dollars, BTC temporarily reported 13,005.01 US dollars, 24h rose 3.86%, ETH temporarily reported 311.33 US dollars, 24h fell 0.45%, affected by the cake vampire, encryption The currency market has fallen. The main control is really amazing. Although we all know that BTC is a decentralization, in the currency circle, it should be regarded as a financial circle. There are bankers in the financial circle. There should be a banker, and this bookmaker is very big, the main one is BTC, other small currencies are small villages, insufficient and against the BTC big bookmakers, these big bookmakers simply do not see small currencies. There will be more self-media, online media to promote the currency circle, waiting for BTC to rise to 20,000, and is a major news hotspot, microblogging hot search, enough to attract attention, there will be more and more people To the digital currency is the future trend, the army that joins will also increase, and now that it has not risen yet, quickly start to pick up the goods, or the army behind it will be pulled up directly, and then it will not be bought by ordinary people. In fact, it is already very expensive now, and it is almost 90,000 RMB, and it will become more and more expensive in the future. In addition, Tether has once again sent a new US$100 million USDT to the Ethereum network. This month, it has issued a total of four additional US$400 million. The external market has a large demand for entering the transaction, or will further push up the bitcoin price. Thereby accelerating the return of certain cottages to zero. https://preview.redd.it/t1lm9ier5e931.png?width=558&format=png&auto=webp&s=8cdb4da57cd90591f7bcabbb8ea3270cf6593e5f
Analysts and investors said one reason bitcoin prices rose last year was that Chinese investors began buying up the asset and selling the yuan in belief that the Chinese currency would fall. Virtual currencies in theory can allow holders to bypass the traditional banking system to move money outside of China’s capital-controlled borders.
No paywalled version of article https://pastebin.com/tc41fZGa I'm not trying to be "anti-bitcoin" and I'm not FUD-ing. I believe crypto currencies are hear to stay and bitcoin is the most established. I just want to understand the market so that I can make better decisions on what to do with my bitcoins. If anyone has any links to people with a good and verifiable track record of predictions or good analysis then that would also be appreciated ( please don't just google someone and say they're good - there are lots of people with records no better than random guesses ) . I appreciate your ideas.
For Bitcoin Cash (BCC) focus on the growing ecosystem, not the price. The price will rise, but the ecosystem expanding is what will drive the price.
It's a simple matter of supply and demand. There is probably less Bitcoin Cash than Bitcoin in the world (due to people not realizing they hold Bitcoin Cash or losing old keys). The demand for Bitcoin Cash will be way more than any legacy chain (segwit1 or segwit2 or gold) because the use cases are way more.
Where will bitcoin price go in 2021? Traditional investors have long wondered how to value bitcoin. Few have made headway: unlike stocks or commodities, cryptocurrencies have no earnings estimates or growth projections for investors to lean on. So, what drives bitcoin price? The answer may surprise investors because of what’s not included: gold and bitcoin […] Bitcoin prices had risen by over 20 percent in the preceding weeks due to bullish market sentiment, but the mini-rally hit a snag due to price inflation. Liquidation typically occurs when a sudden price decline dissolves long overleveraged market positions. The questions of what is driving bitcoin price today as well as whether or not bitcoin mining is illegal is here for the long haul. But if Bitcoin never becomes a major force in global markets, at least this study will give economists insight on how real currency could perform better in the real world. Article Source: technologyreview. Free Bitcoin Crash Course. Learn everything you need to ... The immediate climate surrounding Bitcoin’s price is indeed rife with speculative assertions from news outlets and elsewhere in the ecosystem. Despite economists forecasting little more than a 20% chance of approval for the ETF, little attention is being paid to the effect of a ‘no,’ while various guesses place the price surge following a ‘yes’ vote at hitting up to $3,200 – over ... As the bitcoin price hits levels not seen since January 2018, an analysis of three primary price drivers reveals all three are long term macro trends - supporting the narrative of a sustainable ...
Bitcoin Rush!! What's driving the price right now? eToro. Loading... Unsubscribe from eToro? ... Who sets the Bitcoin price? Bitcoin price differences explained - Duration: 8:17. Callum Campbell ... In this presentation Manuel Andersch, Senior FX Analyst at BayernLB is uncovering the path which lead to what he calls "bitconometrics". Working with differe... With geo-political and domestic tensions running high, Gold & Silver and BitCoin all jump, but why do gold and silver prices get smashed back down, despite B... This video is unavailable. Watch Queue Queue. Watch Queue Queue Pyrofex Corporation Research Mathematician Derek Sorenson tells Proactive Investors what is suddenly propelling the Bitcoin surge. Privately-held, Utah-based Pyrofex will be launching its own ...