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. Bitcoin is known by a large number of people 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.
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. 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.
Very many people do not know weather the bitcoin is dying or not. There are different arguments from different people around the world about the demise of the bitcoin. The bitcoin is a very near currency in the market.
When it comes to the existence of the bitcoin, the fact is that the 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. There comes a period when the number of investors in something reduce. The can be a reduction in the number of investors, due to a lack of confidence in the Investment.
This will make the value of the currency to reduce. The pulling out of the investors from the investments made the currency to reduce. 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 occurs after a time of high confidence and booming.
The bitcoin lost value because it is am illegal currency. When it comes to the legally of the currency, it is everything that it will take a very long period of time 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.