Categories: Business & Finance

We analyze the meaning of Live Market of Bitcoin?

Jack Ma has said more than once that in the next few years, people’s daily working hours will be shortened, because more work is done by robots. But what should the part of the workers who will be replaced by robots in the future?
If it is really at that time, maybe people’s wages can no longer be satisfied with people’s current life, then how to get higher income?
I think wages will definitely be part of it, but people should still not be satisfied, but look for more opportunities. Well, there should be no more appropriate than “investment.”
There are many investment products currently on the market, and people’s choices are multifaceted. And the remaining money of investors should not be a minority. If you need a good investment product recommendation, my suggestion is cryptocurrency. Especially bitcoin.
We can do an analysis of “Live Market of Bitcoin”:
We know that Bitcoin was released on January 3, 2009. Total: 21 million, It is expected that the excavation will end in 2140
From the expected time, the development of Bitcoin has gone through a short period of time. The initial issue price of Bitcoin was (in US dollars): 1 BTC ≈ 0.04 USD, because at that time someone bought a pizza worth $25 with 10,000 bitcoins. This event is the initial price for Bitcoin.
2011: 1 BTC ≈ 0.01 USD, the price of bitcoin at this stage has increased four times compared with the previous year.

By the time of November 2012, 1 BTC≈33 USD
2013: 1 BTC≈1200 USD
In 2014, the price fluctuation of Bitcoin was relatively large, 1 BTC≈700-1000 USD, which was lower than that of 2013.
December 2017: 1 BTC≈20000 USD
During this time, the price of Bitcoin was at its highest point in history.
However, after entering 2018, the price of Bitcoin is in a downward trend. It once fell below 6,000 US dollars. As of today, the price of Bitcoin is 6,780.44 USD, which is generally in an upward trend, but so far, it has not exceeded 7000 USD.
But as we have seen, bitcoin has a rising trend, and the current price is in a very low position. Now investing in bitcoin is feasible. I think some countries such as Japan are very concerned about cryptocurrency.
It has always been said that cryptocurrency, especially bitcoin, is a bubble economy. I fully admit it, but this huge “bubble” will have many benefits in the process of formation, so that you have many reasons to invest in it. However, the most important thing is to control the investment time. If you want to invest in bitcoin with purpose, you have to do an analysis about “Live Market of Bitcoin”.
Because Bitcoin is forming a new round of bubbles, it may be an opportunity before this bubble breaks.




  • CryptocurrencyBoy

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