Truth behind bitcoin boom
bitcoin bulls often mention that the scarcity value of this cryptocurrency is the main reason for its continued rise. Bitcoin is similar to gold to some extent. The growth of its supply is extremely slow, and it is still slowing down. Its total supply will only reach 21 million
with the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as the Chicago Board of options (CBOE) have launched bitcoin futures contracts. This is likely to encourage more institutional investors to invest in bitcoin, while at the same time further curbing the price volatility of bitcoin
this much anticipated bitcoin futures trading has been launched on the Chicago Board of options exchange, which represents a significant step in the legalization of cryptocurrency. Futures is a derivative / financial instrument, which can force dealers to buy and sell an asset at a specific time and price
supply and demand
when compared with other virtual currencies, bitcoin always mentions "fixed output 21 million". In the early years, bitcoin had not been exposed to investors in a large area. It proced a lot and g a lot, but there was no demand. But now purchase bitcoin, the price is expensive, the output is small, the demand is big
analysts of jiafengruide believe that when there is an imbalance between supply and demand, commodity prices will be affected. Influenced by the policy, many bitcoin holders are now keeping a wait-and-see attitude. The decrease of bitcoin in circulation in the market and the increasing demand for bitcoin in the market are bound to push the price up, but in fact, it will not be the investment speculators who come into the market at this high level who will benefit in the end
popularization of regional chain
the report released by UBS in October mentioned the problem of regional chain technology. The report shows that by 2027, the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars. And the regional chain as an infrastructure development, will be applied to more and more scenarios
at that time, whether the popularity of regional chain will raise the price of bitcoin is also full of uncertainty
investor confidence remains unchanged
although many institutions and financial giants are short of bitcoin, investors are still confident in the future value of bitcoin. After all, in history, is there any trading proct that can soar 7.54 million times in eight years
analysts at Jifeng Reed said that 10 years ago, the impact of the financial crisis left many countries so far unshadowed, and the share price bubble continued to expand, and investors would worry whether the original financial system would collapse again. Bitcoin, which has a strong performance, will attract more investors with capital inflows, thus driving up prices. In a way, bitcoin is already a safe haven
although the trading of bitcoin was suspended by China in September this year, bitcoin surged by more than 233% after de Sinicization< In November, bitcoin began to hard bifurcate, that is to say, the regional chain was divided into two parts, which is equivalent to doubling the issue of bitcoin, which means that the value of bitcoin will be diluted. Affected by the impending start of hard bifurcations, bitcoin started on November 9 and has been on the decline for four days
the suspension of the 2x fork, originally scheled for November 16, has eased the anxiety over the expansion of the bitcoin instry chain, and the market is a little relieved of the possible collapse crisis caused by the fork
bubble greater risk
many investors have seen the bitcoin appreciation and profit margins after they have entered the bitcoin trading market. However, the current domestic large-scale bitcoin trading platform has been completely closed, and the regulatory level has not relaxed the entry of bitcoin into the domestic market
bitcoin, as a speculative commodity, has great bubbles and unknown risks. We tend to ignore the risk, and it is often the risk that damages the funds in our pockets. When participating in a high-risk market, we must reasonably allocate personal assets, such as the allocation of stable financial procts such as stable profit selection investment plan. We must not use all our wealth to allocate high-risk investment procts
in a word, bitcoin has risen dramatically in recent years. It's hard to avoid some words like "you are the richest man in China now if you bought bitcoin eight years ago". But eight years ago, you didn't know that bitcoin could be as brilliant as it is today. You might as well change your vision and look for the next "bitcoin".
personally, I think it has something to do with economic development, but it has more to do with people's blind following
for those ordinary investors with poor psychological enrance, it's better not to touch bitcoin investment, because bitcoin's sudden rise and fall are very normal, and there is no rule to speak of. If you have poor risk-taking ability, it's better not to participate in the bitcoin investment process
the sharp rise and fall of bitcoin is very exaggerated
at the beginning, bitcoin was only a few dollars. Now, in April 2021, bitcoin has reached a record high of $64000. This figure is very exaggerated. It can also bring many people the dream of becoming rich overnight. Of course, we should also see the huge risks behind the sharp rise of bitcoin, because the sharp rise and fall of bitcoin are very exaggerated{ RRRRR}
I think that the reason behind the sharp rise and fall of bitcoin is that funds are playing games and harvesting funds
bitcoin belongs to the ancestor of blockchain. At present, this concept is still in the research stage and has not been applied . Today, financial giants hold the most bits in the market, so they can easily control the price of bitcoin. From the end of 17, it soared to more than US $20000, and then began a round of sharp decline. Many bitcoin speculators entered the market after the sharp rise and were easily reaped by the big crocodiles
bitcoin is the earliest successful example of blockchain application. From the beginning, it was not worth money to now, it is more than 60000 US dollars. Unlike currency, which can reflect the economic situation of a country, bitcoin itself does not reflect the specific economic situation. Its value reflects the recognition of the market. If it is recognized, the price will be high. If it is not recognized, the price will be low. In the world, some countries admit that they can use it to buy things, while more countries do not
Of course, for such a high price, it also attracts global capital to play games. Therefore, today's market is even more exciting than roller coaster, and fluctuates fast and biginvestment is risky and must be cautious
the reason of supply and demand
the economic reason of bitcoin's surge is that supply exceeds demand. The total number of bitcoin itself is only 21 million. With the "miners" working day and night, the proction of bitcoin is becoming more and more difficult, and the proction cost is also rising with the tide
because the total amount of bitcoin is limited, and according to its special program algorithm, the proction speed will graally slow down. At first, 50 bitcoins will be proced every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), it will be halved to 25 bitcoins every 10 minutes. When the total amount reaches 15.75 million (5.25 million, 50% of 10.5 million), the proction speed will be halved again, and so on, It reached its limit in 2140. Therefore, after July this year, the number of bitcoins proced per day may drop sharply from the current 3600 to 1800, with limited supply and increased demand. This is an important reason for the rise in bitcoin prices
market reasons
although the official definitions of bitcoin are different in different countries, including China, this does not affect the world's largest futures exchange to include bitcoin in financial derivatives trading. In order to speed up the specialization of bitcoin trading, digital assets are further listed as a new asset category of CME. The Chicago Mercantile Exchange (CME) announced in May that it will cooperate with crypto facilities Ltd to launch two bitcoin based financial procts, namely, the reference exchange rate (BRR) and real-time index (RTI). BRR and RTI will be beta tested in the third quarter of this year, and are expected to be listed in the fourth quarter
the Chinese behind bitcoin
Up to 579gb / s
usually, an attacker uses a stolen account to install the DDoS master program on a computer. At a set time, the master program will communicate with a large number of agents, which have been installed on many computers on the network. When an agent receives an instruction, it launches an attack. Using client / server technology, the main control program can activate hundreds of agents in a few seconds
All statistical data show that the average cost of DDoS attack activities will continue to decline in the near future, while its frequency will continue to increase. It is necessary to learn little knowledge of network security to avoid being attacked
extended data:
precautions for DDoS attack:
1. Require assistance and cooperation with ISPs: it is very important to obtain assistance and cooperation from major Internet service providers (ISPs). Distributed denial of service (DDoS) attacks mainly consume bandwidth, and self-management network alone can not deal with these attacks. Negotiate with ISP to ensure that the other party agrees to help users implement correct routing access control policies to protect bandwidth and internal network
2. Optimize the host of open access: users optimize all possible target hosts. All unnecessary services are prohibited. In addition, multiple IP hosts will increase the difficulty of attackers. It is recommended to use multi IP address technology in multiple hosts, and the home page of these hosts will only automatically turn to the real web server
3. It is very important for users to block attack packets as quickly as possible. At the same time, if they find that these packets come from some ISPs, they should contact each other as soon as possible