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Bitcoin's rapid rise and horizontal trend

Publish: 2021-04-29 09:05:25
1.

Since January, the real supervision has not come, only a few ambiguous scrapes have come, the exchange is still there, the project party has not gone, the media of the office is getting better and better, and the related instries are also sleeping day and night. But the bear market has come. It seems that it is unwilling to go. It went down in January, fell in February, and was sluggish in March. Many people cry out that it is a pity to abandon them. They are very surprised. Some people say that the 2014 bear market will repeat itself, while others say that the past is good and we should hold on. We might as well think from the following angles and get our own answers

"bitcoin is the vane of the digital money market. The rise and fall of bitcoin price determines the heat of the overall market and the ability to attract external funds. Therefore, we mainly discuss bitcoin and other mainstream digital currencies."

Like the development and prosperity of the stock market, the game of multi countries will become the theme of the future. Investors will also become more rational, and graally rece the weight of policy in the face of digital money market

Where will ICO itself go and what will the currency of investment be

answer: as a means of financing, ICO is more efficient than IPO and more fair in the distribution of profits. Of course, its own limitations will also limit the development of this financial instrument. ICO and IPO will exist for a long time in the future, serving different instries. Whatever is suitable for token will promote the development of ICO, as well as in policy. IPO will not disappear, because it is more in line with the existing legal framework, in line with international standards and other first mover advantages will support him to continue to maintain the financial channel of related instries

2.

Bitcoin price accelerated to rise at the same time, there has been a more rapid decline in the callback

according to the price of coindesk on bitcoin news and information network, on January 11, the price of bitcoin fell to about US $30305, down 27.78% from the highest price of US $41962 in history. In other words, the price of bitcoin fell from $40000 to $30305 in just over a day. Before that, bitcoin took six days to rise from $30000 to $40000

from the macro-economic environment, Yu Jianing believes that the correction on January 11 can be regarded as a hedging measure taken by overseas mainstream investment institutions. He believes that one of the reasons for bitcoin's rise this year is the continued decline of the dollar index. At present, Biden's government is coming to power, "bad is good", the dollar may rebound, global commodity assets have a significant correction, and the digital asset market will adjust accordingly

in recent days, the US dollar index has risen significantly. As of press release, the US dollar index is about 90.49, down 0.06 from the previous day and up 1.16% from the closing price of 89.42 on January 6

he also pointed out that many bitcoin miners choose to sell at relatively high prices. According to cq.live, the miner's position index (MPI) has reached its highest level this year. The MPI index is higher than 2, which indicates that miners tend to sell bitcoin after mining; If MPI is negative, it indicates that they are optimistic about the short-term trend and choose to hoard bitcoin. At present, the value is about 5.26, indicating that the miners are selling bitcoin on the over-the-counter market or exchange. In addition, bytetree data also shows that in the past week, bitcoin miners g out 6894 bitcoins, but sold 10047 bitcoins, which means that the miners sold nearly 3153 bitcoins in stock

Yu Jianing mentioned that another reason for the decline is the website downtime of the largest compliance exchange in the United States, such as coinbase, after the market fluctuated violently, which delayed the trading of users, and many buying orders could not be traded normally, which also led to the bitcoin price on the website far lower than the market price, further aggravating the market panic

"e to the failure of the coinbase system, we could only sell but not hang up the bill yesterday, and the whole trading world order was destroyed." A coin circle employee also said

regulatory warning bitcoin volatility risk

it is worth noting that the recent ups and downs of bitcoin has also aroused the vigilance of regulatory authorities in various countries

On January 12, the New Zealand financial market authority (FMA) warned new Zealanders to invest in cryptocurrency prudently, according to the New Zealand Herald

"new Zealanders who are considering buying cryptocurrencies such as bitcoin should realize that they are high-risk and highly volatile assets," a spokesman for the New Zealand Financial Markets Authority said. "Cryptocurrencies are not regulated in New Zealand and are often used by fraudsters and hackers."

According to the times on January 9, HSBC has decided to stop providing cryptocurrency trading services to customers in the UK, including prohibiting customers from depositing funds into HSBC from their digital wallets. At the same time, many other UK banks have banned customers from using credit cards to buy digital currencies such as bitcoin

"the virtual currency represented by stable currency is facing more and more complicated compliance risks. As more and more economic activities migrate to the blockchain, the instry is facing great compliance pressure. The circulation of stable currencies such as usdt will grow explosively in 2020, reaching a record high. Behind this, part of the use demand comes from the normal transactions in compliance, but there are also black and gray demands for money laundering, illegal financing and other problems. In the future, the blockchain instry will face more and more compliance challenges. " Yu said

he pointed out that according to the report on anti money laundering of virtual currency released by peckshield in 2020, the value of unregulated outbound virtual currency reached US $17.5 billion in 2020, an increase of 51% compared with that in 2019, and it is still growing rapidly. The number of fraud cases involving virtual currency continued to rise to 151, an increase of 655% over 2019

Yu Jianing said: "since the second half of 2020, fraud, attack, extortion, gambling and other assets, as well as money laundering, run points and other gray assets, have begun to turn into virtual currency money laundering. The number of extortion cases has increased rapidly, and the situation of virtual currency anti money laundering is grim. In 2021, it is necessary for the blockchain and digital assets instry to adopt a more strict and prudent KYC (know your customer) review mechanism, More stringent anti money laundering standards will be implemented. "

3. Reasons for the rise: 1. Self: Decentralization (institutions can't freeze your bitcoin), difficulty in cracking, and certain anonymity. 2. When social problems occur, people worry about the preservation of traditional currency: for example, in 2013, in order to obtain the EU's 10 billion euro emergency aid loan, the government of Cyprus will levy a deposit tax on local bank depositors. In order to avoid policy risks, the public scrambled to change their currency into bitcoin. Then it spread to many countries in the euro area. It triggered bitcoin's first massive rise. For example, the new crown black swan event in 2020, the global "big water release" (negative interest rate), the decline of the influence of the US dollar, and the people and the government need the means to maintain the value of assets. 3. With the popularity of blockchain, a large number of institutions have entered the market. Traditional financial institutions, listed companies, and paypal have all promoted the rise of bitcoin. However, e to the limited supply, the demand has increased greatly, which has promoted the price rise.
4. At present, bitcoin does have this risk, because bitcoin is relative to the currency issued by the state, and there is no strong guarantee from the state.
5.

bus line: Metro Line 6 → Metro Line 3 → No. 838, the whole journey is about 27.4km

1. Take Metro Line 6 from nansunzhuang, pass 8 stops, reach North Station

2, walk about 70m, transfer to Metro Line 3

3, take Metro Line 3, pass 5 stops, reach Heping Road Station

4, walk about 410m, reach Central Park Station

5, take No. 838, After 16 stops, reach Meijiang Convention and Exhibition Center Station

6, walk about 260 meters to Tianjin Meijiang Convention and Exhibition Center

6. 1. The story of Edison
Edison only went to primary school for three months in his life, and his knowledge came from his mother's teaching and self-study. His success should be attributed to his mother's understanding and patient teaching since childhood, which made Edison, who was originally regarded as an incompetent child, become a world-famous "king of invention" when he grew up
Edison was curious about many things since he was a child, and he liked to experiment with them himself until he understood the truth. When he grew up, he devoted himself to research and invention according to his own interests. He set up a laboratory in New Jersey and invented more than 2000 kinds of things in his life, such as electric lamp, telegraph, phonograph, video camera, magnetic separator, crusher and so on. Edison's strong research spirit made him make great contribution to the improvement of human life style
"waste, the biggest waste is to waste time." Edison often said to his assistant“ Life is too short. Think more and do more with less time. "
one day, Edison was working in the laboratory. He handed his assistant an empty glass bulb without a light port and said, "you measure the capacity of the bulb." He bowed his head to work again
after a long time, he asked, "what's the capacity?" He didn't hear the answer. He turned his head and saw his assistant measuring the perimeter and inclination of the bulb with a tape measure. He took the measured number and put it on the table to calculate. He said, "time, time, how do you spend so much time?" Edison came over, picked up the empty light bulb, filled it with water, handed it to his assistant, and said, "pour the water in the measuring glass, and tell me its capacity right away."
the assistant immediately read out the number
Edison said, "what an easy way to measure. It's accurate and time-saving. Why can't you think of it? Is it not a waste of time? "
the assistant blushed
Edison murmured: "life is too short, too short. Save time and do more things!"

all those who have made great achievements at all times and in all over the world are as good as gold at all times. The ancient book Huainanzi says: & quot; Sages do not value the wall of the ruler, but the Yin of the inch& quot; There is such a poem in changgexing, the Yuefu of Han Dynasty: & quot; When will all rivers return to the sea? If you don't work hard when you are young, you will be sad when you are old& quot; In Jin Dynasty, Tao Yuanming also had his poems of cherishing time: & quot; If you don't make a comeback in the prime of life, you can't make it in the morning. Just in time, you should be encouraged, and time will wait for no one& quot; In the late Tang Dynasty, Wang Zhen's poem "White Deer Cave" has more & quot; An inch of time is an inch of gold; It's a wonderful metaphor. Balzac, a French writer, compares time to capital. Goethe, a German poet, regards time as his own property. Lu Xun has a deeper understanding of time. He said: & quot; Time is life. Wasting other people's time for no reason is tantamount to murder& quot; After middle age, in order to save time, Faraday devoted his whole body and mind to scientific creation, strictly controlled himself, refused to participate in all activities unrelated to science, and even resigned as the president of the Royal College. Madame Curie never put a chair in the drawing room so as not to delay the visitors. Einstein, 76, fell ill. An old friend asked him what he wanted. He said, "I just hope there are still a few hours left for me to sort out some manuscripts."< However, do you know how much they cherish their time? As early as more than 200 years ago, before the independence of the United States, Franklin, the initiator, scientist, instrialist and one of the leaders of the independence movement of the United States, collected two popular and influential maxims in his book the road to wealth: & quot; Time is life& quot; Time is money;. In the early 1990s, the youth delegation of Liaoning Province of China attended a meeting in Japan. Before going abroad, the head of the delegation prepared a thick stack of speeches. However, at that time, the order sheet submitted by Japanese officials read: & quot; Speaking time of the Chinese side: 10:17:20 to 18:20& quot; The speaking time is only one minute. This is in those & quot; A cup of tea, a cigarette, a newspaper for a long time; It seems inconceivable to most people, but it is very common in Japan. From workers to scholars, Japan has a strong sense of time. Their basic criterion for assessing the incompetence of workers is the amount of labor per unit time on the premise of ensuring the quality, and the time is generally accurate to seconds

to save time is to make a person's limited life more effective, which means to prolong his life

- Lu Xun

I think the most valuable thing in the world is "today", and it is also "today" that is easily lost. Because it is the easiest to lose, it is more valuable

- Li Dazhao must remember that our time for study is limited. Time is limited, not only because of the short life, but also because of the complicated personnel. We should try to spend all our time doing the most beneficial things

- Spencer

the more one knows the value of time, the more he feels the pain of lost time<

- Dante

] time goes by like this, day and night (Confucius)

] life between heaven and earth, if the gap, suddenly Zhuangzi)

] the sky can be filled, the sea can be filled, and the south mountain can be moved. The sun and the moon are past, and cannot be pursued Do you love life? Then don't waste time, because time is the material of life To waste time is to waste life Kawabata Yasunari)

] he who abandons time, time also abandons him Time is life, time is speed, time is power Guo Moruo)

] time is like water in a sponge. As long as you are willing to squeeze, there will always be Lu Xun)

] time is accumulated by minutes and seconds. Only those who are good at making use of sporadic time can make greater achievements Among all the critics, time is the greatest, the most correct and the most talented Belinsky)

] find time to think about what you do in the day, whether it's a plus sign or a minus sign Time is the fastest and slowest, the longest and shortest, the most ordinary and precious, the most easily neglected and the most regretful thing in the world Gorky)

] it's hard to get back in the morning until the golden age comes again. Encourage in time, and time waits for no one Tao Yuanming)

} tomorrow comes back to tomorrow. There are so many tomorrows. I have been waiting for tomorrow in my life, and everything will be wasted. If the world is tired by tomorrow, spring goes and autumn comes. Look at the water flowing east in the morning and the sun falling West in the evening. A hundred years of tomorrow can be geometry, please listen to my song tomorrow Wen Jia's "song of tomorrow")

] today is today, how few today! It's not today. When is it! Life a few hundred years today, today is not really a pity! If Yan Gu had been waiting for the Ming Dynasty, there would have been events in the Ming Dynasty. Write today's poems for you. Please start today The famous American scientist Franklin once said: "do you love life? Then don't waste time, because time is the material of life It is true that the value of a person's life lies in the value he creates for the society, but this kind of value is realized with the extension of time. Just imagine, which of the great masters of science and art who created a lot of material and spiritual wealth for human beings in history did not enrich and make sense of their lives by "sparing time"? Let's listen to their own experience first. Goethe is a famous poet all over the world. His autobiography is the best annotation of his understanding and feelings of time: "time is my property, my field."

Zhang Haidi, an outstanding member of the Communist Youth League, has mastered Japanese, English, Esperanto and other foreign languages in a short time, and has completed the translation of seaside clinic. Why can the life of a disabled person release so much energy when two thirds of the body is unconscious? So brilliant? One of the reasons is not because she seized every minute of the rich time, increased the vitality of life
an important secret of Lu Xun's success is to cherish time. Lu Xun was 12 years old when he was studying in a private school in Shaoxing City. His father was seriously ill and his two younger brothers were young. Lu Xun not only often went to pawnshops and drugstores, but also helped his mother with housework; In order not to affect his studies, he must make a precise schele
since then, Lu Xun has been squeezing time almost every day. He said, "time is like water in a sponge. As long as you squeeze it, there will always be." Lu Xun had a wide range of interests in reading and writing. He also had a deep interest in folk art, especially legend and painting; It is because of his wide range of learning, so time for him, it is very important. He was sick all his life, and his working conditions and living environment were not good, but he would not give up until late at night every day< In Lu Xun's eyes, time is like life Americans say time is money. But I think: time is life. If you waste other people's time for no reason, it is tantamount to murder. " Therefore, Lu Xun hated those people who "run around all day, sit around all day and gossip". When he was busy with his work, if someone came to chat or chat with him, even if he was a very good friend, he would not hesitate to say, "Oh, you're here again, there's nothing else to do?"<

Juying studies
Che Yin was born in the Jin Dynasty. He was originally a son of a rich family, but later his family became poor and destitute. However, he can constantly improve himself in adversity
Che Yin was very sensible and hardworking when he was young. Because he had to help his family ring the day, he wanted to use the long night to read more books and enrich himself; However, his family is poor and he has no spare money to buy oil and light up. What can he do to break through the restrictions of objective conditions? At first, he had to recite books at night, until one summer night, he saw a few fireflies flying, little fireflies flashing in the dark. So he came up with a good way: he caught a lot of fireflies and put them in a small bag sewn with white summer cloth. Because the white summer cloth is very thin and can show the light of fireflies, he hung up the bag and turned it into a "lamp"
Che Yin studied hard and finally became a famous scholar. Later, he became a popular official; At that time, if Che Yin didn't show up for any assembly or celebration, everyone would feel disappointed

Voltaire, a French thinker, once put forward a meaningful riddle: & quot; What is the longest and the shortest in the world, the fastest and the slowest, the most divisible and the most extensive, and the least valued is the most regretful; Without it, nothing can be done; It makes
7. Sideways is also called consolidation. Sideways refers to that the stock price fluctuates in a small range over a period of time without obvious upward or downward trend, and the stock price is in a state of consolidation. The amplitude of the market at this stage is small, but bitcoin binary options can gain as long as there is an amplitude. For example, bicbank bitcoin Binary Options platform has a fixed income of 80%.
8. This is the same as tossing a coin. It's a long-term trend whether it will rise or not, and it should be horizontal in the short term. For more information about bitcoin, please visit my website to learn bitcoin studybtc
9.

Metro Line 4 (Longhua line)

18 minutes (9.1km) | 4 yuan

< UL >
  • short time

  • boarding station Exhibition Center

  • starting

    Exhibition Center (Metro Station)

  • Metro Line 4 (Longhua line) (Qinghu direction)

    < P > boarding station Exhibition Center

    getting off at Shenzhen North Station

    first stop: 06:00 34 end: 23:04 about 6 minutes / trip 7 stations

  • end

    Shenzhen North Station (Metro Station)

  • < / UL >
    10.

    the rapid rise of bitcoin leads to the shortage of chips. Chips are the core of computers. Bitcoin only has value in the network. Without the network, bitcoin may be worthless. Bitcoin trading and & lt; Mining & quot; They can't do without computers. Computer equipment needs chips. It's like the relationship between fish and water. They are interdependent

    with the rapid development of China's economy, the Internet has also been widely used. The continuous development of the Internet will bring more and more emerging instries. Bitcoin is the most sought after new thing in emerging instries. The rising speed of tens of thousands of times in recent years makes many people feel unthinkable, and bitcoin has also become a symbol of wealth. The rapid rise of bitcoin leads to the shortage of chips. We can only get bitcoin through network transactions and & lt; Mining & quot;, Whether it's online trading or & lt; Mining & quot; They can't do without computers, and computers can't do without chips, which leads to a supply relationship between them; Mining & quot; More and more people need more and more computers and chips

    we only see the wealth effect brought by bitcoin, but we don't see that bitcoin has affected our development in all aspects. This is the real value of bitcoin

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