Bitcoin retreated near $ 3500

in #bitcoin6 years ago

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Bitcoin retreated near $ 3500 Currencies tumbled again on Tuesday, with the price of the Pitcairn near the $ 3500 mark. The world's largest digital currency has now fallen more than 80 percent from a year ago.
The price of Bitquin fell 6.3% to $ 3,809.8 on the Infiting.com index.
X RPG recordeddecline by 4.3% to $ 0.35760 for thePoloniexexchange.
It dropped Athiriom by 7.4% to $ 107.74,
While lycopene stabilized by 30.4% to $ 30,391 theBitifinexexchange.
Despite the continuing collapses in the coded currencies, people still seem confident in the encrypted currencies on which credit cards are. The new data indicates that daily transfers of Betquin are close to exceeding MasterCard.

People are not interested in lower prices

The performance of the Betcairn has been poor over the past few weeks. After an extended period of hovering between $ 6,300 and $ 6,500, the currency began to suffer from regular declines that saw its price drop to $ 5,000 and $ 4,000, respectively. At press time, Bitcoin is at its lowest level in more than a year, trading at $ 3,900.

But that did not stop people from using the currency. In fact, the daily transport figures surrounding Pitcairn seem to be comparable to the giant MasterCard card numbers. Recent data from the quarterly report show that the company handled more than $ 4.4 trillion in daily transactions throughout 2018, with more than $ 11 billion transferred over the past 24 hours. Compare these figures with Bitquin, which is about $ 3 trillion this year and about $ 8 billion the previous day. Overall, the two financial players are very close.

Atheerium and Lithoquine are the second and third, with just over $ 600 million and $ 170 million in daily transactions over the last 24 hours. Although MasterCard's Quarterly Report does not show every record of encrypted transactions (ie, the RippleAre conspicuously missing from the document), it is expected that all combined virtual currencies will probably calculate the same or more daily transactions as MasterCard, although this is likely because some currencies are worth more than $ 1.

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Well that 3500$ number scare me alot , if we cross that it can go down like 2k, which is not good for steem

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