Note: With the price correction of bitcoin in recent days, the People’s Daily released an article to refute the so-called “features” of Bitcoin. It might be a sign of tightening regulations.
In the past 2017, the skyrocketing Bitcoin has undoubtedly become one of the hottest topics in the world: the price of Bitcoin has folded 20 times within a year but it could also fall more than 40% in a day. At the beginning of the 2018, bitcoin continued its recent decline trending and the price fell below $ 13,000. However, compared with its price of less than $ 1,000 at the beginning of last year, the price of bitcoin still deviates from its value. Recalling early days when nobody cares about bitcoin, a man used 10,000 bitcoin to buy a pizza. At today’s price, some feel regretful and more people are worried and doubtful. How big is the Bitcoin bubble? Is it a replica of the Tulip Mania?
http://news.8btc.com/peoples-daily-bitcoin-features-are-just-tool-of-speculation