文档章节

When will bitcoin price poke the ground?

 栗子Cld
发布于 2018/08/21 17:54
字数 575
阅读 0
收藏 0
According to TokenInsight: the cost line of bitcoin miner has dropped. And the price is difficult to maintain cause of the fresh money lack.

I believe that people who have experienced the plunge in these days know what it means — the bitcoin price continues to bottom out.

The spreading panic is like a red monster that devours people’s trust in Bitcoin. Whether that is a trader hiding in the dark, a HODLer, or a miner. All of them are getting tighter and tighter by this crypto circle. Everyone wants to win, to make profits. The thoughts of these countless people are shaking the whole price situation.

1. THE CIVIL WAR between HODLers and traders

The recent panic selling has caused the entire bitcoin market to keep oscillating, and most currencies have been affected. However, the source of the panic is the two kinds of people who holding the most money, HODLers and traders. Although the 30% amplitude is very common in cryptocurrencies, the BTC’s large turbulence have shaken the entire market in no peace.

Since August:

ETH price fell from $434 to a low of $258, a drop of more than 40%

EOS price fell from $7.36 to a low of $4.27, a drop of more than 40%

LTC price fell from $80.39 to a low of $51.39, a drop of more than 35%

Many aircoins’ price began to return to zero, and some project parties run away.

The era of zero altcoin has slowly arrived, time will eliminate those fakers.

2. THE INFINITE WAR between miners and mines

Not only HODLers and traders, even the miner has been affected by this panic.

Maybe you got known that the cost price of bitcoin mining is $6000. But this cost line has been broken once in the late June, if there exists a second blow, that will be deadly. And the most reason is called POW, also called Proof of Work. It means more work, more profit.

Let’s suggest that if the miners are gone, then mine output will be slower than before. No one wants to work more because they can’t make any profit from mining. And the possibility of bitcoin decay may be increased.

These reasonings are not groundless because there are already miners selling second-hand mining machines.

3. THE RAGNAROK between COBE and ETF

If you are searching for information about Bitcoin on Google now, then you will definitely jump out of a large number of ETF related articles and tweets, some are bullish, and the others are bearish. After 15 rejections, if the ETF proposed by COBE is approved, it must be a big favor for the market, and if it is not approved, then “The winter is coming”.

The news is constantly coming out, and people’s mind are as volatile as the current bitcoin value.

It is this kind of anxiety that allows people to think more deeply about the value of Bitcoin. Now the bubble is poked, the market is weak. When will the spring come? Don’t worry, winter hasn’t started yet.

How will the future go? Demarcation of cryptocurrencies and blockchains will be clearer? Please look forward to my next article.

© 著作权归作者所有

粉丝 0
博文 6
码字总数 3367
作品 0
韩国
私信 提问
A Brief Story of Bitcoin

2008.11.1 Bitcoin white paper released Bitcoin first time mentioned by Satoshi Nakamoto in 2009.1.4 Genesis block created 2009.1.12 First bitcoin transaction 100 bitcoin sent to......

OliviaZhang7
2018/09/16
0
0
比特币大数据究竟隐藏了多少秘密?

(原标题:比特币大数据究竟隐藏了多少秘密?) 2009年1月3日,中本聪在芬兰赫尔辛基某小型服务器中挖出了50枚比特币,翻开了区块链技术的序幕。时光飞梭,经历了屡次的起起伏伏,比特币迎来...

金色财经
01/13
0
0
比特币现金(BCH)和比特币(BTC)之争到底在争些什么?

自2017年8月1日比特币现金(BCH)诞生以来,比特币现金(BCH)就经常被拿来和比特币做对比。许多人认为比特币现金(BCH)是比特币的直接竞争对手。随着比特币现金(BCH)不断的发展强大,比特币现金(...

lpy411
2018/05/25
0
0
科普文——关于比特币ETF你想了解的都在这了

马克思说过:“当利润达10%时,蠢蠢欲动;当利润达50%时,铤而走险;当利润达到100%时,敢于践踏人间一切法律;当利润达到300%时,甚至连上绞刑架都豪不畏惧。” 这句话用在币圈真是再合适不...

BitEye去中心化交易所
2018/07/30
0
0
最危险的开源项目——比特币

一时间,关于比特币的信息充斥着互联网的各个角落,11月19日上午,比特币的价格又如同做了次过山车,最高触及900美元的高价,然后在30分钟内跌到 了650美元,但这仍然比18日的最高价569美元上...

oschina
2013/11/20
13.4K
81

没有更多内容

加载失败,请刷新页面

加载更多

北斗三号IGSO-2卫星发射成功!

6月25日,中国航天科技集团官方公众号宣布,北斗三号IGSO-2卫星发射成功! 航天科技集团表示,6月25日2点09分,我国在西昌卫星发射中心用长征三号乙运载火箭成功将北斗三号第2颗倾斜地球同步...

linuxCool
9分钟前
0
0
阿里java开发规约的Idea插件安装(英文)

Idea Plugin Prepare Project JDK: 1.7+ Gradle: 3.0+(Require JDK1.8+ for gradle) Build cd p3c-ideagradle clean buildPlugin Run plugin cd p3c-ideagradle runIde# run speci......

Airship
18分钟前
0
0
很多人转行做程序员选择web前端学习,前端简单在哪里?

不管你是工人阶层还是服务行业,是否想过转行IT,转行IT后肯定会选择一门编程语言进行深入学习,很多转行的人基础都不是太好,不是科班出身,甚至有的是专科乃至中专,前端的HTML和CSS相对其...

智云编程
31分钟前
0
0
一文读懂内网、公网和NAT

我们做弱电监控系统的时候,都避免不了要跟IP地址打交道,比如摄像头、NVR、服务器等这些设备安装好之后,就需要给它们配上IP,那这个IP地址你了解嘛?今天我们就一起来聊聊什么是内网、公网和...

老孟的Linux私房菜
36分钟前
4
0
聊聊dubbo的ExecuteLimitFilter

序 本文主要研究一下dubbo的ExecuteLimitFilter ExecuteLimitFilter dubbo-2.7.2/dubbo-rpc/dubbo-rpc-api/src/main/java/org/apache/dubbo/rpc/filter/ExecuteLimitFilter.java public clas......

go4it
45分钟前
0
0

没有更多内容

加载失败,请刷新页面

加载更多

返回顶部
顶部