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1  Economy / Speculation / Obvious price push on: July 27, 2021, 02:29:15 AM
On this day, we experienced a 14% price increase and then fell to 37,000. At first, an anonymous source inside Amazon told CityAM, a London business newspaper, that Amazon planned to accept Bitcoin payments by the end of 2021. She stated that Bitcoin is the first step for Amazon to realize its cryptocurrency ambitions. Although the news spread quickly under the media or professionals, Amazon did not immediately issue a statement denying the rumors. What is happening now after this is that Amazon has denied the City AM rumors. I opened the market and saw that it was already falling. In the matter of Musk and Amazon, investors in our market pay too much attention to them and expect them to make a difference.

https://cryptobriefing.com/amazon-denies-rumours-of-cryptocurrency-support/?utm_source=cryptorank&utm_medium=rss

It is already obvious that the so-called news and rumors have caused the price of Bitcoin to rise. This has always been the driving force for the promotion of cryptocurrency, and everything is related.
2  Bitcoin / Bitcoin Discussion / Is the statement that Bitcoin is a private digital currency correct? on: July 09, 2021, 03:36:02 AM
Quote
For the first time, the People's Bank of China responded to the recent suppression of virtual currencies, emphasizing its opposition to central bank digital currencies and the threat of stable currencies. These relatively negative new formulations mean that the regulatory situation in the future does not seem to be relaxed.
Fan Yifei, deputy governor of the People's Bank of China, said that digital currency issuers can be divided into private digital currencies and central bank digital currencies. Typical representatives of private digital currencies are currencies such as Bitcoin, as well as various so-called "stable currencies."

Private digital currencies have no national endorsement, and central bank digital currencies have the state as a credit guarantee.

If Bitcoin is a private digital currency. Then, the issuer is personal. Is this person Satoshi Nakamoto? Is he the owner of Bitcoin? However, Bitcoin is "decentralized." There is no issuer.

edit:In order to get a better understanding of my topic, I edited it a bit more deeply, thank you.
3  Bitcoin / Bitcoin Discussion / Will Bitcoin be the biggest bubble economy in history? on: June 16, 2021, 02:19:27 AM
The macroeconomic state in which asset value surpasses the real economy and easily loses the ability for sustainable development is the bubble economy. The bubble economy is often supported by a lot of speculation, and its essence is greed. To put it simply, in a loose monetary environment, asset prices deviated from the fundamentals, and then soared and plummeted. The bubble economy has repeatedly appeared in human history, such as the tulip mania in the Netherlands. Even now, many people think that the US stock market, Chinese real estate, and Bitcoin are the three major financial and economic bubbles. What do you think, do you think Bitcoin will become the biggest bubble economy in history?
4  Bitcoin / Bitcoin Discussion / Is Bitcoin as safe as its believers say? on: June 08, 2021, 09:52:12 AM
Does the U.S. Department of Justice's recovery of the Bitcoin ransom mean that Bitcoin and even blockchain security have fallen off the altar?
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