What is BCD Currency (Prospects of BCD Coin)

What is BCD currency? BCD (BitcoinDecentralizedCoin) is a type of cryptocurrency

What is BCD Currency (Prospects of BCD Coin)

What is BCD currency? BCD (BitcoinDecentralizedCoin) is a type of cryptocurrency that is issued through a decentralized network. According to the introduction, BCD can be described as “digital gold”.

Bitcoin was born on December 14, 2013, when the price of Bitcoin was less than 1 cent. Ethereum, on the other hand, started the ICO boom in early 2015 but did not reach its peak in 2017. It was not until this year that it reached a high point of nearly $20,000. However, due to the large fluctuations in the price of Bitcoin, many people pushed the price to around 3,000 yuan. Therefore, people consider it as a means of value storage.

Prospects of BCD Coin

According to bitcoinnews, the future prospects of BCD coin are worth paying attention to. When it was first issued in early 2018, the market showed little interest or support for it. However, with the price decline in January of this year, the market value has dropped from trillions of dollars to below 5 million dollars. Its value has decreased by 80% to 90% (due to the large number of investors in the project), making it an asset susceptible to bubbles. However, there is currently no significant price performance. If it can achieve profitability in the future or if solutions for portfolio diversification appear, BCD coin may become a good choice.

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