Morgan Stanley made the fall of the exchange rate of bitcoin to zero

Bitcoins could drop to zero if the world begins to accept it as means of payment. This is stated in a research note that the specialists of the investment Bank Morgan Stanley, led by analyst James Fawcett has sent to its clients, said on December 25 by Business Insider.

According to the financial institution, of the 500 largest global online retailers as a means of payment bitcoin now take only three players.

While daily trading volume of bitcoin is about $3 billion, while average volume in the global foreign exchange market is about $5.4 trillion.

The daily transaction volume of bitcoin – $300 million, and on the basis of Visa held daily transactions of approximately $17 billion.

All of these factors, say analysts, indicate a risk of depreciation of bitcoin.

Bitcoin is an electronic cryptocurrency used to exchange for goods or services from sellers who agree to accept it. It was established in 2008 by an anonymous mathematician or group of mathematicians. The bitcoin exchange rate as of December 26, according to the specialized portal Coinmarketcap, is $14 million, though 17 of December it reached a record high of $19 783.




Morgan Stanley made the fall of the exchange rate of bitcoin to zero 26.12.2017

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Декабрь 26th, 2017 by
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