Bitcoin is out of favor?

From the beginning to now, when prices fell more than 60% bitcoins at the top of the closest, another indicator of the focus according to the mass ratio, reduce the transaction every day.

Some explanation

 was quoted to reduce the transaction from the information related to the quality of software. However, even if the price of bitcoin about 50% recovery from February 5th, bitcoin transaction quality level cannot come back began to rise. This fear is computer money.

The climax in December compared to the average trading volume dropped by half a day for at least 2 years, even if bitcoin back moldy $10000.

According to the director of Charles Morris newspaper in the capital investment group, is also a London investment, decline of the transaction data quality may be a bad news for all the specifications of the price.

"We have a stage gradually raise prices and reduce the heat," Mr. Maurice said, "we are entering a market price decline."

According to the blockchain.info number of transactions decreased from an average level of between about 4000007 days of trading in December dropped to about two hundred thousand of trading this week last trading quality is low, the price of bitcoin is

The quality of related transactions in the currency in the price of bitcoin

The number of transactions for processing is also reduced from the average level of the network bitcoin 1 million 300 thousand bytes shortened to 35 MB in the 7 days of the first month.

Although the time that bitcoin transactions have been significantly reduced. Part of the reason is the basis of bitcoin upgrade technology to solve the problem of. Last week, the segwit protocol is coinbase - digital exchange of money is the biggest change data storage blockchain activation.

In addition to the reasons for the price, money from the people is also a factor. Your website has to accept bitcoin payments add a series of other money in the plug-in. Last year, the capital of the market accounted for about 85% of bitcoin. Today, this figure dropped to about 40%, coinmarketcap.

"Your retail companies, clearing center and game into your money in other bitcoin", directed by Kell Samani multi-coin, said the capital investment fund.

"This is our duty and bitcoin is a small hedge fund. I said, "in the bitcoin discount".

In addition, not everyone agrees with the low quality of the transaction is a signal to reduce bitcoin.

David Drake now has a company to invest 100 thousand yuan. Do you accept the price of bitcoin can increase to $35000 by the end of this year?

"We have a commercial real estate is slow and expensive. It will take a long time to let people forget, but it will return to growth." Drake said.