When it comes to the stories about bitcoin, there are very many stories on how the bitcoin has changed the small investments of the people into high returns. When it comes to the popularity of the bitcoin, it is evident that it has become more popular in the world. Very many people thought that the bitcoin would be the fast universal currency in the world, this is because it was known by a large number of people. When it comes to the investing in the bitcoin, it is evident that a large number of people had majored into investing in the bitcoin.
This is because the investment now was booming at a very high rate. The value of the bitcoin was increasing at a very high rate. When it comes to the value of the bitcoin, there was a time when the value of the bitcoin decreased. A large number of people around the world thought they were the beginning of the demise of the bitcoin.
A large number of people have no clear information weather the bitcoin is dying or not. There are different arguments from different people around the world about the demise of the bitcoin. It is evident that the Bitcoin has not been therefore for a very long period of time.
Very many people in the world think that the bitcoin is dying, however, the truth of the matter is that bitcoin still exists. W have ways to prove that the bitcoin still exists. 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. We have certain times when the number of investors can reduce. The can be a reduction in the number of investors, due to a lack of confidence in the Investment.
The value of the currency dropped mainly because there were a reduced number of investors. 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 bear market period is a period by which there is lack of confidence in the Investment hence making the number of investors to reduce, this will impact the currency negatively since there will be a drastic decrease in the value of the currency. The bear market period normally happens after a booming period and a period of high confidence in the Investment.
The bitcoin lost value because it is am illegal currency. It will take a long period of time for the currency to be recognized. We have monetary restrictions that have been set so that they can undermine the bitcoin. This has made the bitcoin value to reduce.