China invests 500 million in bitcoins.
At every moment the bitcoin market becomes a jungle where the big capitals fight day by day. China is looking for ways to capitalize and have resources of all kinds for a long time so one step is to control the capital market. China, big tech companies and private banking is investing in bitcoin, other criptomoneda and Blockchain type technology. This means that China continues to play long term on all fronts including that of economy and technology. This means that bitcoin in Little time is going to touch the barrier of 2000 dollars. All this based on the following articles that can read calmly and patiently at any time.
Https://criptonoticias.com/mercados/millones-gobierno-chino-capitalistas-riesgo-tecnologias-financieras/#axzz4hSJ98TaJ
Http://www.diariobitcoin.com/index.php/2017/04/03/volumen-de-compraventa-de-criptomonedas-es-el-mas-alto-de-la-historia/
Jumps of Bitcoin is getting higher every day. great!
Yes but we must remember that it is sure to fall from 1300 to 1500 $, I will do a study of that, linear regressions, statistics of investment and some other things, so pay attention, greetings :D
I just remembered year 2000 when Nasdaq Composite index was rallying towards 5000 mark, took it and after that was sharp decline below 1400. It took years for index to recover to year 2000 levels. In my opinion similar movements might experience cryptocurrencies also...
Of course, that market of .com ...
And well soon in statistics we will talk about the inflationary bubble ..