Is it a bubble? If so, is the bubble going to burst? Many financial experts have said it and, is what they have been predicting finally happening? Bitcoin and the rest of the digital currencies are falling. Specifically, Bitcoin, has lost more than 50% of its value since last December. A lot of other coins have had similar situations. The reasons? Prohibitions in Korea or the Chinese New Year celebration, to the converting into cash to buy presents. But, is it really a bubble bursting?
Bankers and investment gurus like Warren Buffett say Bitcoin has no real value, there is nothing that makes these digital coins valuable. Many fans, on the other hand, see the realistic value of a bitcoin as close to one million dollars. But where should this value come from, what stands in the way of Bitcoin in reality?
Years ago, the value of companies such as Twitter or Google was also difficult to tell. Today, the situation is similar for digital currencies, tokens and coins. The price can be viewed daily on the Internet. But how about its real value?
It’s the idea behind virtual currencies that has a value. Every person with a smartphone and Internet access can now participate in this financial system of the future, all around the world. The hunger of users for a decentralized currency and more freedom within our regulated financial systems cannot be stopped in any way.
2 min
Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.05
Trade+0.34% -
USD/JPY
153.67
Trade-0.51% -
AUD/USD
0.65
Trade+0.43% -
GBP/JPY
192.84
Trade-0.36% -
GBP/USD
1.25
Trade+0.15%
-
Shopify Inc.
111.04
Trade+1.68% -
Tesla, Inc.
338.53
Trade-4.7% -
NVIDIA Corporation
135.87
Trade-3.44% -
Amazon.com, Inc.
201.44
Trade+1.33% -
SolarEdge Technologies, Inc.
13.77
Trade+8.68%
-
Gold
2620.76
Trade+0.36% -
Crude Oil WTI
68.96
Trade+0.66% -
Crude Oil Brent
72.58
Trade+0.28% -
Silver
30.26
Trade+0.48% -
Natural Gas
3.38
Trade+0.56%
-
US 100
20798.05
Trade+0.32% -
US 30
44733
Trade+0.21% -
GER 30
19279.95
Trade+0.19% -
US 500
5989.68
Trade+0.18% -
US 2000
2433.31
Trade+0.62%
-
S&P 500 ETF
597.45
Trade-0.29% -
Valkyrie Bitcoin Fund (BRRR)
26.85
Trade-2.49% -
20+ Year Treasury Bond ETF
92.7
Trade+0.49% -
Daily Junior Gold Miners Index
42.33
Trade-0.72% -
UltraPro Short QQQ
33.14
Trade+1.61%
Your capital might be at risk
Related posts
How To Short Sell Crypto: Making Profits in a Bear Market
2 stars of the crypto market: Bitcoin vs. Ethereum
Day Trading Cryptocurrencies on IQ Option
Cryptocurrency News: Where Are We Headed?
Crypto Trading: Still Hot or Not?
Trading CFDs on Crypto with IQ Option
Bitcoin Technical Analysis: July 2020. Bulls or Bears?
Bitcoin Technical Analysis for July 2019
What should you learn next? Turn the wheel to find out!
