Hello, everybody. Since I've been putting some bits together across different pages, something like what's happening has never happened. 

You're probably thinking that I'm never going down that low, but the truth is I haven't gone up as high as these last few times either. Is it time to buy or sell?

Global developments

It is true that Asian countries are limiting the transactions of this cryptodivia, and that makes the rest of the virtual currencies also lose value. Why is that? Because the BTC is the precursor of this type of "virtual money", it is as if the U. S. dollar is cloned, has commercial value, but is not backed by gold. People are going to make transactions with it, but they won't have the same confidence as in the dollar.

However, there are very few restrictions at the moment. Obviously, it is directly forbidden in tyrannical countries. This is discouraging, but at the same time it should not be so serious that the BTC has fallen as much.

Possible cause of the problem.

Faced with the fall of the BTC some speculated on a new rise, which would break the barrier of up to $40,000 dollars. That would have been fantastic, but on the contrary, it was just the opposite.

Suppose we have $20,000 in BTC. This goes down to 15 and we think it may be a correction of the system, but we see that day by day it goes down more and more, reaching 13,000. Many will sell for panicking, and it is in selling that the currency is devalued, when many people begin to sell the currency loses support until it becomes nothing.

What to do?

Ideally, no one should sell for a while to see if the currency recovers, grows or stabilizes and then decide what to do.

Now, if the money collected in BTC is needed for some reason, then the ideal thing is to wait for it to go up a little (about $13,000) and withdraw it. You may lose in the future, or you may have done business because currency can be worthless.

A hopeful question:

If virtual currencies, apparently, tend to become extinct, why would a monster like Microsoft create its own currency? 

We have to wait....

Miyata