Bitcoin All Time High Price: 3 Biggest Obstacles Holding BTC’s Value Down

2018-7-16 21:36

Why Bitcoin is Stuck in $6K Range

The past few months have not been favorable to bitcoin’s value. The currency has been stuck in the $6K range, and while there may be various underlying causes, three of them are particularly significant. The three issues that seem to be keeping bitcoin’s value down are: Security, Regulations, and Accessibility.

3 Factors Holding The Price Below $7,000

These three issues have been compromising the currency since its introduction to the market and shedding them may be necessary for bitcoin’s value to soar.

Security

To begin, security has been a constant issue for bitcoin. There have been various instances of hacking, such as Coinrail and Bithumb. Every time a hack takes place, bitcoin’s value seems to decrease in response. Further, it does not help that there has yet to be resolution concerning the vulnerability of exchanges and wallets.

Regulations

Regulations are also a problem. There are dozens of governmental agencies worldwide that have regulated cryptocurrencies in some manner. The regulations and the uncertainty related to regulation have caused bitcoin’s price to remain volatile. There is a chance though, that once governmental stances become clearer, bitcoin’s price may adjust and remain stable in response.

Accessibility

Finally, accessibility is another impediment to bitcoin’s price stability. Although part of the bitcoin community is actively engaged, there is still an absence of accessibility for many. Until the currency becomes widely adopted, the currency will remain in perpetual volatility.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67249.07 (+0.22%)
Объем 24H $24.627b
Изменеия 24h: 1.38 %, 7d: 10.84 %
Cегодня L: $66739 - H: $67313.92
Капитализация $1324.803b Rank 1
Цена в час новости $ 6683.25 (906.23%)

bitcoin value range stuck three down security

Источник: bitcoinexchangeguide.com

bitcoin value → Результатов: 126


Фото:

Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account?

How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.

2021-10-14 20:45


Фото:

Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’

The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours.

2020-12-17 18:45


Фото:

Bitcoin Smacks Three of America’s Biggest Finance Firms to Sit at First Place in Market Valuation

Bitcoin’s evolution as an asset of great value has been reflected many times in the swiftness at which the asset has surpassed a large number of already existing firms in the financial industry. Against other assets that have taken the title as “store of value,’ Bitcoin has also shown immense strength in adding and retaining […]

2020-11-4 15:07


Looking At Gold, Should We Remain as Confident as Ever in Bitcoin’s Long-term Value?

In the past month, Bitcoin lost 50% of its value following the stock market, oil, Treasuries, and even gold as the coronavirus continues to spread. Central banks around the world have injected billions of dollars but the global markets are still taking a beating with broad falls across multiple sectors. This past week, bonds, US […]

2020-3-18 22:16


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Eclipse Labs appoints new CEO after investors ‘urge’ founder to resign

Eclipse Labs replaced Neel Somani with Vijay Chetty as the firm's new CEO Investors, led by Hack VC, could have played a role in the change in management  Eclipse Labs has replaced its founThe post Eclipse Labs appoints new CEO after investors ‘urge’ founder to resign appeared first on AMBCrypto.

Is Arbitrum's latest record good news for ARB's price? Metrics say...

Arbitrum active addresses registered figures of 900,000 for consecutive days ARB's market trend has continued to fall though Arbitrum is in the news today after it seemed to solidify its posThe post Is Arbitrum's latest record good news for ARB's price? Metrics say... appeared first on AMBCrypto.

XRP whales add $55 million, but the price falls again - What's happening?

XRP whales have increased their accumulation of the token over the last 14 days However, this failed to affect the altcoin's price positively XRP's price has maintained a downtrend on the chThe post XRP whales add $55 million, but the price falls again - What's happening? appeared first on AMBCrypto.

Countdown to Notcoin's Binance listing - Will NOT and TON profit from it?

78% of NOT’s total supply will be allocated to miners  TON turned bearish as its price dropped by more than 3.5% The wait for the much-hyped Notcoin [NOT] launch is about to end soon. As The post Countdown to Notcoin's Binance listing - Will NOT and TON profit from it? appeared first on AMBCrypto.