Why can I buy half a Bitcoin (why does someone want to buy Bitcoin)

Why can I buy half a Bitcoin? Why can I buy half BTC? It is more effective than ordinary Cryptocurrency investment. If you have enough money now to purchase your favorite digital assets – you can buy 50 Bitcoins for $1 or exchange 20 Bitcoins for 10 or more Bitcoins for $100 In traditional financial markets, the term ‘gold’ usually refers to people’s pursuit and desire for money and wealth. However, if you want to obtain real wealth (such as some physical gold), you must first trade with another means of value storage (an alternative to Fiat money). Both types of tokens are held by a separate entity and cannot be transferred or sold like any other asset. So when a person wants to buy their own gold, they need to spend tens of thousands of dollars to obtain this’ precious metal ‘. Therefore, investors should not allocate all funds to institutional investors who wish to use the technology for any reason, or simply consider it as a part of their investment portfolio. On the contrary, they should be able to utilize this liquidity to earn profits. To obtain Bitcoin, one must first understand what gold is. “Gold is currently one of the world’s largest scarce resources, with a supply limit of 21 million pieces. In December 2017, gold reached its highest level in history, with its market value accounting for only about 2% of the global stock market. At the beginning of 2018, Bitcoin only accounted for less than 1% of the total circulation. But as more and more institutions enter this field, this situation will become even more difficult. For example, the US government is considering issuing a national Stablecoin supported by the state. However, as central banks around the world are discussing how to regulate Cryptocurrency, the price of bitcoin fluctuates. However, according to data from the Bitfinex exchange, the price of Bitcoin increased by about 15% between the end of 2017 and the beginning of 2018. After April 2020, the daily average price of Bitcoin decreased from $9420 to $8860, and then fell back to $8150. Although the price of Bitcoin did not significantly decline, there has been a significant rebound during the first quarter of 2020. The average increase in 2019 was 14%. It is worth noting that at the end of June 2019, Bitcoin broke through the $10000 mark and began to decline again

Why do people want to buy Bitcoin

Editor’s note: This article is from the vernacular blockchain (ID: hellobtc), authored by the Five Fire Balls Master, and reprinted by the Daily Planet with authorization When Bitcoin outperformed any other asset class in the bull market in the second half of last year, we will find that it has shown great vitality, and now it is experiencing unprecedented market fluctuations. Why are so many people buying Bitcoin? From “312” in 2017 to the big bear market at the end of March this year, the price of BTC has reached over $20000, even exceeding the $60000 mark. But as more and more people participate, the price of Bitcoin has started to rise again, and this number is still rising So, why do people buy Bitcoin? The reason is simple. Firstly, investors are optimistic about the future development prospects of Tecoin compared to others; Secondly, confidence in long-term holders is enhanced; Furthermore, institutional investors have seen an increase in their investment compared to Bitcoin. The most important point among them is that institutional investors not only value short-term market trends, but also pay attention to the development trends of the entire industry and how to promote the healthy and sustainable growth of the industry. So, when these funds flow into this field, they will be more determined to make choices and layout. “If there is no good time to configure this value store or Cryptocurrency as a safe, liquid, transparent and volatile way”, this is the most intuitive explanation. And it is certain that once entering a new stage or emerging development trend, these investors will not passively follow those high-risk stocks as in the past. Of course, there are also some small retail investors who prefer to directly hold Bitcoin, so their mentality will also be affected because they view Bitcoin more from a long-term perspective rather than focusing solely on the present. However, these factors provide more reasons for Bitcoin’s operability and attractiveness: “Personally, I strongly agree with the positive attitude of institutional investors in the current market. They believe that Bitcoin is a great way to store value and believe that its potential is enormous.” Although many people may not have realized that Bitcoin has a hedging function, in reality, Bitcoin is becoming an important gateway for global wealth transfer

Here are some main reasons:

1. The US government regulators have been closely monitoring the use of Bitcoin and other Cryptocurrency. Jay Clayton, chairman of the U.S. Securities and Exchange Commission, recently said publicly that “because many countries are open to the use of encryption technology, the US financial system has become more strict and will further strengthen the payment and settlement relationship between the US dollar and central banks”. In addition, he also pointed out that although China has always prohibited Cryptocurrency trading and mining activities, the central banks of some countries still adhere to their policies to curb virtual currency trading 2. Around the world, research is being conducted to establish a framework that can enable countries to adopt blockchain technology, thereby reducing money laundering costs.