When will Bitcoin be worth one yuan? (When did Bitcoin start to be valuable?)
When will Bitcoin be worth one yuan? When did Bitcoin become worth one yuan? Wha
When will Bitcoin be worth one yuan? When did Bitcoin become worth one yuan? What is Bitcoin? People in the cryptocurrency industry often say, “Do you know why so many people are investing in Bitcoin now?” In fact, there were people trading Bitcoin many years ago. For example, last year I bought some Bitcoin when the price was around 20,000 RMB, but I sold some of it at the end of 2017.
Many people think that the price is too expensive, so there is no need to treat it as an asset anymore. At this time, people will ask a question: How big is the current market, is it already worthless? Or is the market fluctuation too much? These are the answers to these questions.
In fact, we all know that most people’s views on the market are wrong because they are all talking about a bullish market, and most people are pessimistic about a bearish market. Therefore, they will choose to wait and observe until their decisions are accepted as what they need.
When did Bitcoin start to be valuable?
According to Bitcoinist, since November 2018, the price of Bitcoin has been rising. In the last week of the first quarter of 2019 (mid-February), the price of Bitcoin plummeted from around $33,000 to below $30,000; then the next two quarters saw significant declines and minor growth. The fourth quarter of 2019 was a bullish market after the end of 2017 and the beginning of 2018, and then it started to rise. And now it has been three weeks, and the period from late December 2017 to early April is also coming to an end.
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