Bitcoin exchange rate in retreat: the stock market correction

Курс биткоина отступает: на крипторынке коррекция

The bitcoin exchange rate on may 9, 2019, Thursday, corrected, rolled back below the level of 5900

Capitalization of crypto-currency market declined for the day of 3 billion is 185,311 billion. Capitalization of bitcoin is 104,185 billion minus 700 million per day.

Wednesday 8 may, as of 19:00, the exchange rate of bitcoin to the dollar is 5859 USD. Bitcoin fell to $ 70 per day.

Курс биткоина отступает: на крипторынке коррекция

The bitcoin exchange rate on 9 may 2019

Expected in the coming years, bitcoin can significantly increase and reach the mark of 250 thousand dollars. So, “kryptonic” and venture capitalist Tim Draper advised the President of Argentina Mauricio Macri to legalize bitcoin to improve the economic situation in the country. After a meeting with President Draper explained his position on the cryptocurrency in an interview, saying that he believes bitcoin and the blockchain more revolutionary phenomenon than the Internet. The financier says now is the best time to implement this technology in Argentina, as it will fundamentally change the banking system, trade and financial system of the country. Draper has also confirmed its confidence in the growth of bitcoin exchange rate, predicting that the most popular virtual currency will cost $250,000 to 2022 or 2023 and will take about 5% of the world markets.

Курс биткоина отступает: на крипторынке коррекция

The bitcoin exchange rate on 9 may 2019

As reported, Facebook is preparing to launch its own cryptocurrency. According to the journalist from the New York Times Nathaniel Popper, the social network is now looking for venture company for investment funds to your cryptocurrency project Facebook Coin. Facebook wants to use venture capital for the project stablon and is going to attract about 1 billion dollars of foreign investment to confirm adherence to the ideals of decentralization, the underlying cryptocurrency industry. “Given that one of the main advantages of the blockchain is decentralization, attraction of foreign investors can help Facebook to submit a project as more decentralized and less controlled by Facebook,” writes in a tweet Popper.

The journalist received a confirmation and another way to use venture capital as collateral to secure stablon Facebook Coin. In this case, estimated at 500 billion, Facebook also shows a willingness to meet the ideals of crypto-currency investors and users and to minimize their own influence on stable token.

We will remind, “the Failure or prosperity”: it became known that waiting for bitcoin in 10 years.

As reported Politeka, trade bitcoins at risk, made a quick decision.

Also Politeka wrote that bitcoin can disappear from the market in 5 years: abysmal weather.