You see that SBD prices are falling sharply based on Bitcoin virtual currency ...
Bitcoin has fallen sharply after Google banned the promotion of virtual currency. The price of Bitcoin has also fallen sharply following the news that Google, the world's largest online advertising provider, will ban all advertising of electronic money transactions since March of this year. to invest in Steemit. Like the price of SBD. By the end of January, Bitcoin had fallen 12 percent after another tech giant, Facebook, banned e-currency ads.
The impact that Bitcoin has suffered from a sharp decline in recent days:
- Google, the world's largest online advertising provider, will ban all advertising for electronic money transactions starting in June 2017. Other key digital currencies, such as Ethereum or Bitcoin Cash, also fell sharply amid fears of Google's move and a tightening of control over the government's multi-billion-dollar digital exchange. recently. By the end of January, Bitcoin had fallen 12 percent after another tech giant, Facebook, banned e-currency ads.
- Technology is growing so Application technology makes bitcoin transaction costs decrease 20%. We can see that the two largest bitcoin trading platforms in the world are coinbase and bitfinex are introducing a software that can speed up bitcoin trading and most importantly reduce transaction costs by one fifth. Bitcoin investors are expecting this change. Over the past few months the cost of bitcoin has skyrocketed to more than $ 20 and transaction confirmation time may be longer than 24 hours, causing investors to lose patience. Software called SegWit can improve that. At Bitfinex, where more than a third of US-based bitcoins are traded, the software was launched Tuesday. Coinbase also pledged to use SegWit next week. Technology application is growing quite fast on the investment.
- The main point is that Bitcoin trading fell 50% in two months. In fact, Bitcoin has been "abandoned". According to Blockchain.info, there are only about 200,000 transactions last week, a significant decline compared to the end of 2017. One of the reasons is the software factor and many negative information affect the market. . However, some investors believe that this is not necessarily a negative signal from Bitcoin.
- Let's wait each day for Bitcoin to come back and Steemit will grow ...