Bubble

A lot of Blockchain technology and cryptoasset companies are massively setting up their offices and big projects in Africa. Several cryptocurrency fanciers are asking why African countries are the main target, not Europe, America or Asia which has a large number of potential investors. The reasons as to why this is happening like this are just simple and precise as follows:

As Cryptocurrencies plummeted to new depths on September 12, the MVIS CryptoCompare Digital Assets 10 Index expanded its cave-in from the January 2018 high to 80 percent. The fall has now exceeded the Nasdaq Composite Index's 78 percent peak-to-trough tumble after the dot-com bubble burst in the year 2000.

Ethereum (ETH) has toppled to its lowest price in a year and four months as Cryptos continued to struggle on Wednesday, September 12. However, it regained more than 12% of its value on September, 13.

The bitcoin bubble at the end of last year saw a majority of new cryptocurrencies penetrate the market and actively compete for the mental focus of investors consumed majorly by global hype and the hope of becoming rich easily.

On Monday, November 27, Bitcoin has gone too far, touching another all-time high at $9,640. And it looks like it’s not the end.

Over the past several months cryptomedia has been talking about public’s perception of cryptocurrency. Some freshly released surveys put the spotlight on what people on both sides of blockchain border think - traditional trading community representatives and those who have already invested in cryptocurrency.

Bitcoin has been the subject of debate for as many years as it has existed. Coinidol has tried to figure out the prevailing opinion - is it good or bad?

The year 2017 promises to be a really Happy New year for Bitcoin users, beginning with a sharp rise of the Bitcoin price to $1000.