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?
- Forums
- ASX - By Stock
- China, Bitcoin crash and DCC
I am somewhat new to trading (and super new to cryptocurrency)...
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add DCC (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
-0.003(5.66%) |
Mkt cap ! $43.32M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 4.9¢ | $62.69K | 1.230M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18850 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 18000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 71243 | 0.049 |
6 | 134604 | 0.048 |
5 | 372659 | 0.047 |
4 | 243000 | 0.046 |
1 | 20002 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 18000 | 1 |
0.053 | 25000 | 1 |
0.054 | 173204 | 2 |
0.055 | 71276 | 2 |
0.057 | 150000 | 2 |
Last trade - 15.55pm 02/08/2024 (20 minute delay) ? |
Featured News
DCC (ASX) Chart |