Determination of bitcoin price

1. bitcoin has existed as a digital currency for ten years. With the continuous improvement of people's consensus and the constant quantity, the value of bitcoin has a huge room for increase, which is far beyond the scope of simple digital currency. Therefore, it seems reasonable to define bitcoin as digital gold in the future, This is also agreed by people who have a consensus on bitcoin

bitcoin is a digital currency, which does not rely on real money or financial procts. Therefore, it is difficult to predict the price trend of bitcoin by summing up the rules from the development and changes of real money

unlike other mature financial procts, bitcoin instry is still in its infancy, and there will be many changes; Secondly, bitcoin is decentralized. Its total supply-demand relationship is related to the global market. It can be held or transferred in the world without approval. Therefore, fluctuations from anywhere in the world will affect the current total supply-demand relationship

the rapid development of bitcoin in the past ten years shows a truth: a good project will certainly attract market attention, because it is a trend. No matter you are pushing, don't go against the trend. If you ignore today, you won't be able to rise tomorrow

2. Bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source In China, it is defined as a special Internet commodity by the central bank
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.

3. It's divided into price and value
1: value is the so-called currency born from the early decentralized blockchain Technology (in fact, the capital owns the centralized computing power, and the capital owns the centralized currency quantity, which may not be ideal here). At that time, people had certain expectations and beliefs. The decentralized low trust cost world chase was a good future imagination, which made most people recognize its value (of course, it also caused negative use value, which could not be controlled and regulated by the government, and provided a lot of extra convenience)
of course, some attributes of digital currency can be used for reference, Now countries are also in the trend of legal digital currency. Due to certain technical reasons, BTC may eventually disappear, or it is difficult to achieve the vision of believers. If there is no better change of technology, the limitation of technology will be phased out with the current development of science and technology
2: of course, the price is basically determined by market transactions. BTC is used by a lot of capital, and more value may be used as financial value Another common perception of price is that the quantity is limited and the output is getting slower and slower. With the increase of the use area, the scarcity increases the price, and the story of halving the price is also a good help for capitalists)
because it is a minority, there is no regulation, so the power of capital has a great impact on the price. The good effect of getting rich can attract more and more people to come into the market. The exchanges of various capital institutions have solved the problems of business instry, gained some additional operating income, and created instries (such as basic financial derivatives and more)
including this year's events, with the epidemic situation and the situation in the United States, new financial derivatives are manufactured by joint institutions. In the secondary market, a new circular wealth story is born. This mode is still relatively solid, with stable prices and rising prices. Of course, the final digester is the ordinary people
at the same time, the characteristics of BTC also lead to a part of human allocation of hedging assets
and so on, the price of BTC is proced under the game
personal final conclusion (for reference only): bitcoin is more of a kind of financial value, its use value is still limited at present, and it is also very difficult to promote in the future. If the technology does not evolve, it will still be small. Of course, the game of the world government is also a certain resistance
the current price is based on the financial game of institutions, and it is stable to a certain extent. The premise is that if there is no new large number of people participating in the game, the current rising trend will slow down, and the gray scale and institutions are also expanding the playing methods of other digital currencies (after all, the number of BTCs targeted by GBTC has accounted for more of the total BTCs - physical contribution plus less cash contribution), But there may still be a rise, but when it will be the top depends on the results of various games (I think there are several points: 1. How long can the game between the trading frequency and holding amount of BTC or other currencies in the primary market last, and when people's purchase and consumption will reach a limit. It can't be bought and sold all the time, there is a limit when what the 2. gradation and what the BTC of the GBTC corresponds to is the two level market digestion of the market, when it will be indigestion is also a game... Etc.)
BTC has bubble, and the financial game of capital is full of bubbles. Of course, this is the opportunity to get rich easily.
but the risk is very high, which is not suitable for the public. It can only be said that it depends on fortune and opportunity
BTC has big moves with every financial trend game
investment should be cautious.

4. Because bitcoin is a decentralized asset, trading between hundreds of exchanges and countless indivials around the world, there is actually no unified price. Each exchange has its own bitcoin price, although these prices are usually very similar. Later in this guide, we'll discuss why all of these different prices are roughly synchronized.

5. There are four: Guangzhou University City Health Instry Science and technology park. Guangzhou Biotechnology Park, 68 Lifu Road, Haizhu District. Guangzhou International Biological Island was formerly known as "Guanzhou island". Sun Yat sen University Health Instrial Park is the Sun Yat sen University Park of Huanghuagang science and Technology Park in Yuexiu Guangzhou high tech Zone. There is also Liwan Guangzhou International Medical port, a piece of open space.

6.

Bitcoin trading continues to be close to an all-time high set this month. Now its price is around $34000, up 77% from last month and 305% from last year

bitcoin was first introced as a digital currency in 2009, and was used as a digital currency on the edge of the economy for a period of time. This has become mainstream. Today, it is used almost exclusively as a "digital gold.". In other words, a scarce digital asset

to cope with novel coronavirus pneumonia, the governments of various governments have injected the central bank's money into the global market to stimulate consumption and help save the economy. p> However, the increase of money supply will erode the value of money and lead people to look for anti inflation assets to hold. In this environment, bitcoin has become a hedge against impending inflation and poor returns on other types of assets

but what function does bitcoin provide for a society where people invest so much? Why is bitcoin important? There are several possible explanations for why so many people now think bitcoin is important

this is a kind of "safe" asset. In the face of global uncertainty, buying bitcoin is a way for people to disperse their assets. Its market value can be compared to gold, another asset that glitters in difficult times

in the turmoil of global pandemic, the unconventional US presidential handover and the transfer of geopolitical power around the world, more people may think that gold and bitcoin are better alternatives to the US dollar

it is related to privacy oriented ideology. Bitcoin (and cryptocurrency in general) is not politically and ideologically neutral. It was born in the Internet age, an era deeply troubled by privacy issues

the ideological origin of bitcoin is the "cryptopunk" movement in the 1990s and the beginning of this century. According to online forum records, bitcoin is advocated as an anonymous digital currency, allowing people to interact online without being tracked by governments or companies, providing an alternative for anyone who does not trust the federal central bank system

7. The work is OK. It may be that the colleagues around the employees are very bad. In contrast, he works OK
it's also possible that the employee's work is average, and the boss doesn't want to beat him up. To put it mildly, the work is OK
it's also possible that he can work well, but he can't speak well
another possibility is that the work is OK, but not very good, and the level needs to be improved.