Live Market of Bitcoin, Bitcoin plunged nearly 70% in half a year

Although it has stood at $7,000 again in the past two days, bitcoin prices have shrunk by more than 60% compared to the previous high of nearly $20,000. The reporter noted that in addition to Bitcoin, cryptocurrency is accelerating "death" due to tightening of regulatory policies in various countries. According to a recent report by TechCrunch, a famous American technology blog, as of June 30, 2018, more than 1,000 cryptocurrencies have disappeared.

At the same time, live Market of Bitcoin, the largest cryptocurrency market capitalization, bitcoin price has shrunk dramatically. At the end of June, according to the platform Citicoins data, the price of bitcoin fell below $6,000, and the lowest fell to $5848.26, created the lowest level in the past six months.

On the 18th, look at the Live Market of Bitcoin, Bitcoin rebounded slightly. According to relevant media reports, bitcoin price regained more than 7,000 US dollars, an increase of nearly 10%. Despite this, it fell by as much as 68% from an all-time high of $19,187 in December 2017.

US dollar is in danger, India uses cryptocurrency will become a big winner

India reserves the amount of oil about 0.4% of the world, and it is a country that is seriously lack of oil. The price of crude oil is very high. There are not many us dollars that India can use. In order to buy enough oil, India and Venezuela have friendly relations. India must use Venezuela’s new digital currency oil to buy oil, as long as India purchases oil from Venezuela. It can be sold at a 30% discount and not use US dollars.

This new form of trade settlement between the two countries has undoubtedly caused a huge market impact on the most powerful currency, the US dollar. Once the two countries officially use oil coins for oil trade settlement, I believe many countries will participate, after all, as long as the oil provided by Venezuela is cheap enough, other countries that require the same use of petroleum coins to purchase oil will also be purchased by other countries.

Here is an article related to cryptocurrency in India, https://medium.com/@Vince81901477/cryptos-in-india-which-way-a-industry-will-move-473ade6ef5a4

Cryptocurrency market rebound, bull market is coming?

Today cryptocurrency market prices rise and reverse the negative momentum since the market began to fall on July 10. A new positive trend has re-occupied the entire market. So far, by the market capitalization, almost all of the top 100 cryptocurrencies have ushered in significant growth.

Live market of Bitcoin trading price is around $6,730, up 5.8% in the 24 hours to date. In just a few hours this morning, the market-first cryptocurrency price rose by $300 to $6,730, but it still did not exceed the nearly $6,800 high reached on July 8.

Ethereum (ETH), currently trades at about $477, and ethereum to usd exchange rate has risen more than 6.5% in the past 24 hours. With the bitcoin soaring , Ethereum also has a significant increase earlier today, which increased by about 4.6% in two and a half hours, reaching $475, and then continued to increase.

More info. about cryptocurrency market can inference to https://medium.com/@Vince81901477/the-bitcoin-price-rebound-at-a-extremely-low-speed-driving-the-price-of-altcoins-in-the-market-e3f7f0bebe50

85% of Canadians are fully aware of the importance of cryptocurrency

The investigation report called "Bitcoin Comprehensive Survey (BTCOS)" was carried out by the central bank of the country. The result was a comparison of Canadians' views on bitcoin spot price history from 2016 to 2017. The reasons why these people hold Bitcoin during the rise in bitcoin prices and the potential impact of Bitcoin on how the Bank of Canada performs its core functions.

The results further indicate that Canadians' cryptocurrency holdings rose from 2.9% to 5%, and the overall awareness of cryptocurrencies rose to 85%.

The survey brought together more than 2,500 Canadians across the country, most of which have the fastest growing bitcoin awareness in Quebec, the French-speaking region. The proportion of knowledge about Bitcoin has increased by more than 20% in one year.

In addition, the results show a significant improvement in the general understanding of Bitcoin, and Canadians believe that the proportion of Bitcoin supported by “government support” has dropped by about 40% compared to previous surveys. In addition, the survey further found that about half of Canadians with Bitcoin did not use it for trading, but instead they like investing in cryptocurrency.

Here is an Medium post What Should Korea Do to Provide a Favorable Circumstance to Crypto Industry? https://medium.com/@Vince81901477/what-should-korea-do-to-provide-a-favorable-circumstance-to-crypto-industry-f06d08035722

Survey shows South Africans view on investing in cryptocurrency in 2018.

As cryptocurrency popular and come into people’s life, what about people’s opinion about investing in cryptocurrency 2018, here has a cryptocurrency data about the awareness of cryptocurrency investment.

Survey shows that 38% of South Africans have the willingness to invest in cryptocurrency. This week's 2018 “Save and Invest Monitor” survey by Pan Mu's investment bank, Old Mutual, reveals the results of South African locals' attitude toward Bitcoin, or trade bitcoin cash for btc. The results show that 40% of South Africans are beginning to realize cryptocurrency, 38%. South Africans have the willingness to invest in cryptocurrencies. More than half believe that it is possible to get a lot of returns by investing in cryptocurrency, and only 43% think that cryptocurrency are "bad news."

https://medium.com/@Vince81901477/with-stricter-regulation-coming-the-future-of-the-cryptos-is-5c834ae782b2 , Attached is a link from Medium to an article With Stricter regulation coming, the future of the cryptos is?

India attitude towards to cryptocurrency, will cryptocurrency market have future?

Cryptocurrency is like a strong wind flow into the world, carry into many people’ life and for some one, its like a good thing that was brought to them and enrich their lives, thinking which cryptocurrency to invest in, while some are still resist cryptocurrency, and believe they are bubble, stop playing them, never use tools on Bitcoin Price Widget For Website and investing.

So, what about the state and government their attitude toward cryptocurrency?

India: The Bank of India responded to the cryptocurrency ban and did not change its position.

The Bank of India (RBI) has responded to a report on the cryptocurrency ban submitted by the Indian Internet and Mobile Association (IAMAI). According to Sohail Merchant, CEO of Pocketbits, the Indian cryptocurrency exchange, RBI’s response is “a two-page general response”. As of now, the response cannot be public, but there is not much readability. Merchant said that RBI did not even carefully consider the views expressed in the report. Their arguments were based on “investor protection” and did not change their position.


source: which cryptocurrency to invest in
Comments: This incident shows that India’s position on cryptocurrency is very firm. In April of this year, the Bank of India issued regulations prohibiting banks and financial institutions under its supervision from providing services for cryptocurrencies. The Indian government is tough on cryptocurrency and is more worried about its use in illegal financial activities.

Here is a relative article from Medium about India attitude towards cryptocurency and more details about the cryptocurrency development in India. Source: https://medium.com/@Vince81901477/a-history-of-the-development-of-cryptocurrency-in-india-6dff65869d59

India attitude towards to cryptocurrency, will cryptocurrency market have future?

Cryptocurrency is like a strong wind flow into the world, carry into many people’ life and for some one, its like a good thing that was brought to them and enrich their lives, thinking which cryptocurrency to invest in, while some are still resist cryptocurrency, and believe they are bubble, stop playing them, never use tools on Bitcoin Price Widget For Website and investing.

So, what about the state and government their attitude toward cryptocurrency?

India: The Bank of India responded to the cryptocurrency ban and did not change its position.

The Bank of India (RBI) has responded to a report on the cryptocurrency ban submitted by the Indian Internet and Mobile Association (IAMAI). According to Sohail Merchant, CEO of Pocketbits, the Indian cryptocurrency exchange, RBI's response is “a two-page general response”. As of now, the response cannot be public, but there is not much readability. Merchant said that RBI did not even carefully consider the views expressed in the report. Their arguments were based on “investor protection” and did not change their position.

Comments: This incident shows that India's position on cryptocurrency is very firm. In April of this year, the Bank of India issued regulations prohibiting banks and financial institutions under its supervision from providing services for cryptocurrencies. The Indian government is tough on cryptocurrency and is more worried about its use in illegal financial activities.

Here is a relative article from Medium about India attitude towards cryptocurency and more details about the cryptocurrency development in India. Source: https://medium.com/@Vince81901477/a-history-of-the-development-of-cryptocurrency-in-india-6dff65869d59