I am somewhat new to trading (and super new to cryptocurrency) so please bear with me.
How closely will this stock mirror bitcoin?
I got in at 8.4 cents and am worried about China eventually banning bitcoin. I have read that they are considering this because bitcoin makes hiding money from the government very easy. The ban on Initial Coin offerings in China yesterday seems to be a first step in the process of banning cryptocurrency there.
https://www.cnbc.com/2017/09/04/bitcoin-digital-currency-price-falls-on-china-ico-ban.html
If China bans bitcoin, this means that 20% of the world population would no longer be using it, surely this would be very bad for bitcoin. What effect, if any, would a falling bitcoin price have on the price of DCC? How closely are they entwined?
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $47.65M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.5¢ | $32.44K | 577.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 230752 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67000 | 0.055 |
3 | 199780 | 0.054 |
3 | 72214 | 0.053 |
3 | 210000 | 0.052 |
2 | 88823 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 230752 | 3 |
0.059 | 943812 | 6 |
0.060 | 539911 | 8 |
0.061 | 202173 | 2 |
0.062 | 124549 | 3 |
Last trade - 12.06pm 23/07/2024 (20 minute delay) ? |
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