Necessary evil: correction strengthened the Bitcoin cryptocurrency

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2018-09-04 03:45:05

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Necessary evil: correction strengthened the Bitcoin cryptocurrency

In 2018, the capitalization of the stock market decreased by almost four times. However, this has its advantages — for the time correction Bitcoin has become more stable and gained a lot of attention largest on wall street. Such data has the investment platform SFOX. The results of the research published .

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2018 — the best time for cryptocurrency

As stated the General Director SFOX Danny Kim, in 2018, the blockchain and cryptocurrency industry in General reached a new level. The price of assets at different cryptomeria stabilized, now the difference in cost of the crypts on the different trading platforms does not exceed 0.1 percent. This year the stabilization of the market has attracted digital assets many funds and even banks.

Some HFT firms traded with the crypt in 2014. However, the volume was limited due to inadequate infrastructure.

Increase the stability of the stock market has opened new prospects for institutional investors, so a good opportunity to increase their capital, they just

A lot of money in the crypt became the trigger for financial regulators and governments. Efforts to regulate the trafficking of digital assets a little shaken the market, but they also became a clear sign that the legitimacy of Bitcoin are interested in, even at the level of parliaments and presidents.

All the bans and is a necessary evil. This is the only way «shake up» stock market and make it more reliable in the long run. An important next step for Bitcoin is to create a market atmosphere in which cryptocurrency will not be too volatile in a short period of time.

Kim also said that in the end, Bitcoin can become a stable coin and «gold standard» all of the stock market. According to him, such a scenario is fully consistent with the vision of Satoshi Nakamoto.

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