Is money on the increase?
It was floating around yesterday. Bitcoins have fallen from the 20,000 dollars range to the 6,000 level in the past 8 months and have taken over the collapse of the bubble. The bull (bullish) at the end of last year unity. Mr. Jordan Belfort, known for "Wolf of Wall Street", said: I cannot be cheated by such things. The serpent's way is called a snake.
The damage was particularly striking in Korea, where the virtual currency ATM was developed on a bitcoin boom. The major exchange made a profit by involving general investors in stores. When thinking about, it seems that there was only one guest at the store to say that it was daytime.
Since the bitcoin is on the order of 6000 dollars, it is not said to be zero, but it has dropped by 70% from the peak. The same is true for the bitcoin cash. It is 285 dollars, and it considerably falls from the peak of January 1,300 dollars.
Nick Colas said NBC News "The problem with bitcoins is 100%, the market psychology is the driving force, it's still in the early stage with new technology, so there is little material to support the value, only the confidence of mass psychology is the only thing".
