The Bitcoin exchange rate reaches $3.990 in January 2019 - BTC Market Update (+1.57%)

in #bitcoin6 years ago

So many hope that the Bitcoin exchange rate will surge at the beginning of 2019, but now BTC still stands at $3,640 USD. For the BTC exchange rate in this month included in the safe category, because BTC reaches $ 3.990, most people think this is the beginning of a very good journey from Bitcoin in 2019.

Why is Bitcoin so hard to get back up?

Some countries set strict regulations for Bitcoin, because they consider this digital currency to be very contradictory to the currencies in the real world. But there are also countries that really hope that Bitcoin will be coming soon in their country, this is one business competitor in the heavy category.

post1.png

I see most of the people who are lovers of digital money, they still really hope that BTC can rise again, and as soon as possible in the real world. There are so many BTC assets that they save or they buy, this indicates their love is still very large towards BTC.


As I read on one of the sites (https://www.newsbtc.com/2019/01/25/venezuela-bitcoin-important/), they confirmed to not access gold from abroad. Why this happened? is there a connection with Bitcoin?

"As part of an international effort to wrest power from Nicolas Maduro in Venezuela, the Bank of England has denied the nation access to gold deposits stored with the institution. Such instances highlight just why a permissionless store of value like Bitcoin is important on both the global and personal level."
"Several members of the international community, led largely by the US, recognised Juan Guaido as the rightful president of the South American country on Wednesday. However, Maduro continues to hold onto power and has the backing of the military. This has led to the withholding of Venezuelan assets stored overseas, such as the $1.2 billion worth of gold currently sitting in the Bank of England’s vaults."

This is what causes Bitcoin to be very influential in some countries, you can think carefully....

post.png


As you know here I give a little about the BTC market which has its own value for Traders, and also gives its own meaning to a businessman. Btc has become a very important asset for most, because BTC was able to shock the world at a very large exchange price.

If you are a lover of digital currencies, surely you know it, and are still searching for the weaknesses and strengths of BITCOIN.


Thank you for your participation in this post...

Look forward to the latest updates about other Crypto currencies here, don't forget to follow @xoxois

Sort:  

Batak

??? I do not know what you mean