Bitcoin Crash Sets Up Monday Rebound From 16% Fall

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the short-term factors causing Bitcoin's price to drop?
A decrease in the hash rate
Increased demand for Bitcoin
Miners selling Bitcoin to cover hardware costs
Bitcoin being used less for commerce
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Bill Gates, what is a key advantage of Bitcoin over traditional currency?
It is backed by the government
It requires physical presence for transactions
It is cheaper and more convenient for large transactions
It is more stable in value
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest is more important than short-term price fluctuations for Bitcoin?
The applications and technology of Bitcoin
The price of gold
The number of Bitcoin transactions
The current monetary base
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a stronger US dollar potentially affect Bitcoin's price?
It increases Bitcoin's value
It has no effect on Bitcoin
It decreases the need to invest in Bitcoin
It makes Bitcoin more attractive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern regarding Bitcoin regulation in New York?
The regulations are too lenient
The Bitlicense requirements are too strict
There is no regulation at all
The regulations only apply to large companies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What impact could the approval of Bitcoin ETF trading have?
It would have no impact
It would decrease Bitcoin's popularity
It would make Bitcoin less accessible
It would increase liquidity and adoption
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major security concern for Bitcoin investors?
The volatility of Bitcoin's price
The risk of cyber attacks and theft
The high cost of Bitcoin transactions
The lack of interest from venture capitalists
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