We have different types of stories that have arisen on how people can put small investment in bitcoin and end up with very high returns. Bitcoin has become very popular in the world. Very many people thought that the bitcoin would be the fast universal currency in the world, this is because it was known by a large number of people. Very many people are the world had turned into investing in the bitcoin.
A large number of people had majored into investing in the bitcoin because it was growing at a lower high rate. The rate at which the bitcoin grew was alarming. There came a time when the value of the bitcoin reduced drastically. A large number of people around the world thought they were the beginning of the demise of the bitcoin.
A large number of people have no clear information weather the bitcoin is dying or not. When it comes to the arguments, we have different arguments about the bitcoin. The bitcoin is a very near currency in the market.
The truth of the matter is that the bitcoin has not died. When it comes to the ways of proving the existence of the bitcoin, we have very many ways. When it comes to the ways of proving the existence of the bitcoin, the bear and the bull Mark is one of the ways of proving that the bitcoin has not died. We have certain times when the number of investors can reduce. This is because they lack confidence in the investment.
Due to the reduction in the number of Investor in the currency, it made the value of the currency to drop. The pulling out of the investors from the investments made the currency to reduce. The bear market period is a period by which there is lack of confidence in the Investment hence making the number of investors to reduce, this will impact the currency negatively since there will be a drastic decrease in the value of the currency. When it comes to the time period that the bear market occurs, it maintains occurs after a period of high confirm and growth.
The bitcoin lost value because it is am illegal currency. When it comes to the legally of the currency, it is everything that it will take a very long period of time to be recognized. We have monetary restrictions that have been set so that they can undermine the bitcoin. This made the bitcoin to reduce in the value.
Attributed by: why not try here