Digital currencies, especially Bitcoin as it reaches a new all time high, are stronger than ever - this in the face of governmental regulation and hardline crackdowns.
However, although Bitcoin’s price seems unaffected by the control that Russia and China is trying to wrest from the decentralized digital currency ecosystem, trading volume and global demand has taken a hit.
Looking at a graph of the Bitcoin price it would be hard to find an influence of major factors such as the Chinese ban on exchanges, and the recent Russian ban on access to exchanges.
However, looking at a graph that illustrates the share of trading by currency, there are some noticeable swings. These swings indicate the high volatility that comes with cryptocurrencies, more than just in price.
Full story at http://bit.ly/2gjPXYG
Source: CoinTelegraph
Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Waves my wallet address is: 3PPeCnXEDAiRVzvsuGRycrNDHhWgDq68uVt
If you use Bitcoin my wallet address is: 12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ
Bitcoin QR-Code
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.