Bitcoin

Yesterday and today, lots of coins were sold in domestic trading centers, leading to a price decline of c.5%. Murmurs said that the fall is due to the selling of 2000 coins of a Chinese individual investor who wanted to speculate.

In a market with a shrinking volume and lots of people who have made huge profit, this is absolutely possible, because now the only way for bitcoin holders to make profit is to go short and speculate.

MT made ​​an announcement today, users can log into the server to see their balance . Although this does not mean that users can get their coins back, but at least things are going towards a positive direction. Market trend and the news is completely contrary .

Foreign trading centers followed the decline, bitstamp had only one big selling order of 1000 coins.

If we look at the historical trends of Bitcoin, we would find that the callback period is less than three months except for the year 2011.

Callback in 2011 has no reference meaning right now, because Bitcoin at that time was just a toy, not connected to currency, finance and payment. But now Bitcoin has attracted extensive media attention, and it is being accepted by more and more businesses every day.