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
4.3¢ |
Change
-0.003(6.52%) |
Mkt cap ! $37.25M |
Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.3¢ | $87.88K | 1.987M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22499 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 422233 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14500 | 0.043 |
2 | 87000 | 0.042 |
5 | 174390 | 0.041 |
6 | 320000 | 0.040 |
3 | 45641 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 422233 | 2 |
0.046 | 1000000 | 1 |
0.047 | 917491 | 2 |
0.048 | 359755 | 3 |
0.049 | 140786 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
DCC (ASX) Chart |
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