BTC keeps hitting bottom
It's not surprising that bitcoin has dropped by more than 10%, because bitcoin just rose by more than 20% not long ago, so a 10% drop can only be regarded as a correction, not a drop. But what's the fundamental reason for bitcoin's decline? Now I'd like to talk about my personal views and ideas on the issue of bitcoin for your reference and discussion only
summary of problems
the reason for bitcoin's collapse is that it rose too fast, so it led to a significant correction. It's not surprising. After all, no commodity can continue to rise, and bitcoin is the same. If you think bitcoin can still rise, I won't express my opinion, but you have to think of today's collapse, Because it is very likely that one day, you will also encounter the same slump of 10% or more as today, so investment should be cautious, especially for this kind of virtual investment procts. If you are not careful, you may lose your fortune. The above is my personal views and ideas, for your reference and discussion only
tools / raw materials
Download CGM software, macoin client and wallet from the official website
methods / steps
after landing on the official website, click mine pool
Click sign up on the left to register. Here I want to explain that pin is a four digit withdrawal password. Don't forget it
after registration, select login on the left to log in, and then select my works
register your user name and password here. Here you need to notice that the created miner is followed by & quot& quot;
after the miner is created, click getting started. Here we need to record the address stratum and port for the next cgminer.conf configuration
after downloading CGM, change example.conf to cgminer.conf and open it in Notepad
URL is & quot; Address: Port & quot;, User is & quot; Miner user name & quot;, Pass is & quot; Miner code & quot
after everything is configured, double-click cgminer.exe to mine
In Japan, you can't pay directly in RMB cash, but in China, you can exchange it for yen. As long as there is enough RMB balance on the UnionPay debit card of any bank in China, Japanese yen can also be withdrawn from the ATMs of convenience stores and large banks in Japan. According to the Japanese yen exchange rate, the seller receives Japanese yen, and the bank will dect the RMB on the UnionPay card after converting it into RMB
extended data:
influencing factors:
1. Ministry of Finance (MOF): Japan's Ministry of finance is the only department to formulate fiscal and monetary policies. Japan's Ministry of finance has more influence on the currency than the United States, Britain or Germany. Officials of the Japanese Ministry of Finance often make some comments on the economic situation, which will generally have an impact on the yen. For example, when the yen is not in line with the fundamentals of appreciation or depreciation, officials of the Ministry of finance will make oral intervention
Bank of Japan (BoJ): Bank of Japan. In 1998, the Japanese government passed a new law that allowed the central bank to formulate monetary policy independently without the influence of the government, while the yen exchange rate was still in the charge of the Ministry of finance 3. Interest rates. Overnight lending rate is the main short-term interbank rate, determined by BoJ. BoJ also uses this interest rate to express the change of monetary policy, which is one of the main factors affecting the exchange rate of yen Japanese government bonds (JGBs): Japanese government bonds. In order to enhance the liquidity of the monetary system, BoJ will buy 10-year or 20-year JGBs every month The yield of 10-year JGB is regarded as the benchmark of long-term interest rate. For example, the basis of 10-year JGB and 10-year US Treasury bills is regarded as one of the factors driving the trend of USD / JPY interest rate. A fall in JGB prices (i.e., a rise in yields) usually benefits the yen Economic and financial policy agency: Department of economic and financial policy. It officially replaced the original economic planning agency (EPA) on January 6, 2001. Responsibilities include elaborating economic plans and coordinating economic policies, including employment, international trade and foreign exchange rates Ministry of international trade and instry (MITI): the Ministry of international trade and instry is responsible for guiding Japan's instrial development and maintaining the international competitiveness of Japanese enterprises. However, its importance has been greatly weakened compared with that in the 1980s and early 1990s, when the volume of Japan US trade would influence the foreign exchange market Economic data: economic data. More important economic data include: GDP, Tankan survey, international trade, unemployment rate, instrial proction and money supply (M2 + CDs) Nikkei-225: Nikkei 255 index. Japan's major stock market index. When Japan's exchange rate is reasonably lower, the share price of export-oriented enterprises will rise, and the Nikkei index will also rise. Sometimes, this is not the case. When the stock market is strong, it will attract foreign investors to invest a lot in the Japanese stock market, and the yen exchange rate will be pushed up Cross rate effect: the influence of cross exchange rate. For example, the rise of EUR / JPY will also lead to the rise of USD / JPY. The reason may not be the rise of the US dollar exchange rate, but the different economic expectations for Japan and EuropeWhat's not BTC and eth? Or domestic special procts
now most of the coins on the market and ICO belong to set money. There's no regulation. There's a lot of leeks
there are also some real money. Now I'm in. I can't see it in the short term. The long-term rate of return is amazing
it is suggested to study more about the relevant information, team, background, problems solved, project financing, project valuation and future planning of the investment currency
otherwise, it can only be used as leek all the time.
