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When will bitcoin be reset?



Cryptocurrency exchange Coinbase will host its first direct listing on Nasdaq. On Thursday, she filed for her first public listing with the Securities and Exchange Commission (SEC). As a risk for the cryptocurrency market, the digital trading platform indicated the disclosure of Satoshi Nakamoto’s identity, as well as his possible actions in the market. If anyone is not aware, Satoshi Nakamoto is a pseudonym used by one person or group of people who created Bitcoin. In case of disclosure of the identity of Satoshi Nakamoto, the value of bitcoin could drop significantly. Coinbase also mentions that Nakamoto’s personal vault contains over 1 million bitcoins. If Nakamoto decides to convert his bitcoins into cash, he could negatively affect the crypto market and destabilize it. Nakamoto was the first to start mining bitcoins, and his share in them now accounts for almost 5% of the entire market for this cryptocurrency. Bitcoin is in demand with traders due to its decentralized nature. It is not owned or regulated by any private investor or government. However, we do not think that crypto will ever really replace traditional money. Fashion for it will pass, and investments will sooner or later be zero. Another thing is that there is too much free money in the world now. And almost all assets should go up without exception .______________________ Alexander Razuvaev, Head, IAC Alpari

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