We have very many stories about bitcoin changing small investments into very high returns. Bitcoin has become very popular in the world. Since Bitcoin has become more popular in the world, a large number of people in the world thought it would be the fast universal currently. Very many people are the world had turned into investing in the bitcoin.
When it comes to the investing in the bitcoin, very many people around the world had turned into investing in the Bitcoin best it was booming. The value of the bitcoin was increasing at a very high rate. There was a time when the value of the bitcoin reduced by a great percentage. 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.
When it comes to the existence of the bitcoin, the fact is that the bitcoin still exists. When it comes to the ways of proving the existence of the bitcoin, we have very many ways. The bear and bull market is very good since it will play a very big role in proving that the bitcoin still exists. There comes a period when the number of investors in something reduce. When it comes to the investment, there can be a period when the number of investors can reduce mainly because they lack confidence in the investment.
The value of the currency dropped mainly because there were a reduced number of investors. The number of people who have Invested in the currency pulled out in large number hence causing a drastic reduction in the value of the currency. 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. The bitcoin will have to go through a very long process before it is legalized here. There are also monetarily restrictions that have been set to undermine the bitcoin activities. This has made the bitcoin value to reduce.