We have very many stories about bitcoin changing small investments into very high returns. Bitcoin has become very popular in the world. Therefore a large number of people around the world thought that it would be the fast universal currency. 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. When it comes to the growth of the bitcoin, it is evident that the rate at which the bitcoin was growing was very high. There came a time when the value of the bitcoin reduced drastically. When the bitcoin lost its value by a great percentage, a large number of people who the that was the end of the bitcoin time.
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.
Very many people in the world think that the bitcoin is dying, however, the truth of the matter is that bitcoin still exists. When it comes to the ways of proving the existence of the bitcoin, we have very many ways. When it comes to the ways of proving the existence of the bitcoin, the bear and the bull Mark is one of the ways of proving that the bitcoin has not died. When it comes to investing, there can be a period when the number of investors can reduce. This is because they lack confidence in the investment.
This will make the value of the currency to reduce. 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 period by which the number of investors reduces thus causing a reduction in the value of the currency is called the bear market period. When it comes to the time period that the bear market occurs, it maintains occurs after a period of high confirm and growth.
One of the things that promoted the loss of value of the bitcoin was that it is not a recognized form of currency in the world. It will take a long period of time for the currency to be recognized. There are also monetarily restrictions that have been set to undermine the bitcoin activities. This has also led to the drastic reduction of the bitcoin value.