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Bitcoin against the dollar falls, the number of transactions - growing



Now you can buy one Bitcoin for just 212, and yesterday you could make a purchase at a lower price - for $ 185. Thus, the fall of Bitcoin against the dollar in just a month was about 40 percent.

This is all the more interesting in the sense that the number of Bitcoin transactions has reached a record high. So we see an increase in the activity of owners of cryptocurrency units and almost a record fall in the exchange rate.

Apparently, the popularity of cryptocurrency is growing , but why is the rate changing so much? It is believed that now mining Bitcoin is becoming less and less profitable, as a result of which the price of "mining" is growing, and farm owners are forced to sell more Bitcoins than they receive (sales are from stocks) in order to only recoup the energy costs and other operating costs.
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The lower the rate, the more bitcoins, respectively, have to be sold to pay bills, and the course falls the more. There is a kind of cycle that can interrupt only some unexpected event or rumors.

Nevertheless, the decline in the Bitcoin rate may have a positive impact on the health of the entire system. One example is the news about the fall of the Bitcoin rate published by many media outlets, information is even transmitted by resources that are very poorly connected with the world of information technology. Accordingly, more and more people are learning about cryptocurrency, as a result - the system can get more users.

In addition, speculators, in any case, the majority, are leaving the market at such a fall in the rate. And there are real users of the system who need bitcoins for some reason (payment for some goods and services, for example). Perhaps, without speculation and speculators, Bitcoin will reach a real level.

Source: https://habr.com/ru/post/375547/


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