With the gradual development of science and technology, many virtual products have appeared in human society. Especially in recent years, bitcoin is particularly popular, and many people choose to use graphics cards to mine to obtain bitcoin. This has also led to the price of Bitcoin rising all the way, and even reached the point of 1 10,000 bits worth $50,000 in the highest period.
The bitcoin market has shrunk by 70%. With the suppression of virtual currency by governments, the bitcoin market has shrunk by 70%. From the beginning, each bitcoin was 50,000 dollars, and now a bitcoin is only 1.8 million dollars. In addition, countries also strictly control Bitcoin, especially for mines suspected of mining. After all, the influence of Bitcoin is very great, which will seriously affect the social market economic stability of the country. After the bitcoin plummeted, nearly 200,000 people directly broke the position, and the direct loss was as high as 6 billion yuan.
Bitcoin has no good future. You should know that Bitcoin is a virtual currency at first, and it is just a computing product that exists between the network and the Internet. It doesn't have any liquidity, but things are always scarce, so the price of Bitcoin continues to rise. When it is serious, it even affects the market economy balance of various countries, so I think the plunge of Bitcoin is also reasonable. In other words, the plunge of Bitcoin is inevitable, and no virtual currency can override the currencies of various countries.
Investment needs to be cautious. At first, when the price of Bitcoin continued to rise, many people invested in this field. However, I think investment needs to be cautious. Bitcoin is the biggest risk compared to investing in other physical industries. Because you can't be sure when bitcoin will fall, industries without the support of the real economy can't make a profit at all.