We have different types of stories that have arisen on how people can put small investment in bitcoin and end up with very high returns. Bitcoin has become very 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.
A large number of people had majored into investing in the bitcoin because it was growing at a lower high rate. The value of the bitcoin was increasing at a very high rate. There came a time when the value of the bitcoin reduced drastically. There was a time when the bitcoin reduced by a great percentage, this made very many people think it was the end of the bitcoin.
Very many people do not know weather the bitcoin is dying or not. When it comes to the arguments, we have different arguments about the bitcoin. It is evident that the Bitcoin has not been therefore for a very long period of time.
The truth of the matter is that the bitcoin has not died. 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. There comes a period when the number of investors in something reduce. This is because they lack confidence in the investment.
The value of the currency dropped mainly because there were a reduced number of investors. The reduction of the numbers of investors can be due to the pulling out of the investment. 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. The bear market period occurs after a time of high confidence and booming.
When it comes to the legality of the bitcoin, it is evident that it lost value because it is not legal. It will take a long period of time for the currency to be recognized. When it comes to the bitcoin investing, there is a monetary restriction that has been set by the different countries around the world, the maintenance aim of these restrictions is to make sure that the activities of the bitcoin have been undermining. This made the bitcoin to reduce in the value.