Bitcoin Deviates from Its Original Purpose and Falls into Speculation
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
CoinWorld reports: According to a tweet by Wu Blockchain, Bitcoin was born out of the 2008 financial crisis, aiming to become an "ark" that does not require intermediary trust. However, 17 years later, the crypto industry has deviated from its original intention, falling into pure liquidity speculation and gambling characteristics. Asset issuance and exchange design now prioritize price pumping and liquidation, resulting in a significant market pullback after October, diverging from the performance of traditional assets.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Bahrain’s Alba says producing aluminium at 80% of pre-Iran war level
Mining.com•2026/09/16 15:39
Canada Housing Recovery Faces Headwinds From Higher Mortgage Rates, BMO Says
MT newswire•2026/09/16 15:39
Groupon Opens Deals Platform to AI Agents, Developers
Dow Jones•2026/09/16 15:31
Dow Jones 11:30 AM Averages
Dow Jones•2026/09/16 15:30
Crypto prices
MoreBitcoin
BTC
$75,838.38
-0.72%
Ethereum
ETH
$2,390.66
-1.50%
Tether USDt
USDT
$0.9994
+0.00%
BNB
BNB
$711.18
-1.05%
XRP
XRP
$1.27
-8.76%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$97.11
-2.26%
TRON
TRX
$0.3354
-0.23%
Zcash
ZEC
$1,249.77
+11.02%
Hyperliquid
HYPE
$78.7
+1.66%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now