Bitcoin through the financial crisis
Those people are living a good life now, those who played bitcoin in the early days & lt; The pig of tuyere & quot; Made a lot of money
the discussion of bitcoin in many forums is no longer limited to & quot; Is bitcoin a scam;, Instead, it extends to & lt; Can bitcoin become a global currency in my opinion, bitcoin is a full digital bubble. A virtual currency constructed by algorithm has no national support behind it. Moreover, the scarcity of bitcoin will inevitably lead to its appreciation very quickly, especially under the guidance of market economy. behind the currencies used by countries in daily life are endorsements with national prestige, just like the reason why the US dollar circulates around the world is not because the strong national strength of the United States ensures the liquidity of the US dollar Nakamoto's original simple idea of letting bitcoin replace the currencies of various countries and become the object of global circulation is a joke in terms of power struggle between countriesring the global financial crisis in 2007 / 08, the price of gold fluctuated sharply. In March 2008, the price of gold peaked at 1032, then plummeted to 680 in a few months, and then went all the way to the peak in 1920.
Wang Ke was exposed that he failed to invest in bitcoin and was training 1.2 billion yuan. This news is actually the guess of netizens, not true the premise is that Liu Tao made some sad remarks on his microblog, which led to many netizens' speculation{ RRRRR}
later, Liu Tao explained in his microblog that it was actually because of his father's death that he felt a little sad. Thank you for your concern and encouragement. My family and I are very good, and I also thank you very much for your company! And hope that netizens do not follow the rumors, spread false information! Wang Ke is also a strong supporter of Liu Tao. He responded to the post on Weibo. I'm sorry, I didn't keep my father and I didn't take care of you! Hearing this explanation, many netizens were relieved! In fact, many netizens are still very distressed for Liu Tao. Over the years, he has been making movies, receiving advertisements and endorsements, and later live broadcasting. The workload has been very heavy! But she never said tired, has been very optimistic. I really don't want Liu Tao and Wang Ke's life to have any ups and downs, so Liu Tao may be more tired
Those people are living a good life now. In the early days, these "tuyere pigs" who played bitcoin earned a lot of money
I. Nakamoto found bitcoin, and now it is fading out of the bitcoin circle
from the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market
so why is it still suitable to buy bitcoin in 2020
1. The third proction rection
in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly
judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal
the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market
moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<
2. Institutions bought a lot
after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period
in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis
with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth
the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market
the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.
Why do banks hate bitcoin so much? The important reason is that one of the major goals of bitcoin is to become a new currency in the digital era, or even a new "general equivalent". Although the scope of application is still limited, bitcoin payment has been accepted in some fields, and because of its transaction properties and potential value-added space, bitcoin has been sought after by a new generation of investors. In the United States, some people have concluded that the "old people" love the stock market, and the millennials love bitcoin. This is no doubt a bad sign for banks. They seem to be worried about losing their future
at present, bitcoin and its transactions are not regulated. Compared with banks that are still strictly regulated by the government, bitcoin has a strong competitive advantage, which also makes the banking instry nervous. Once more people hold and accept bitcoin and other blockchain e-coins, it will become a natural logic to trade with them, which will form capital flow outside the existing banking system, which is undoubtedly a major blow to the banking instry
Trump has issued a U.S. ban on petrodollars, banning Americans or anyone in the United States from buying new Venezuelan petrodollars. As Venezuelan President Nicolas Maro said, this is the first executive order related to cryptocurrency issued by the president and another blow to an already suspicious virtual token. Presumably, the cryptocurrency is backed by oil reserves
According to cryptocurrency regulatory experts, Trump's ban is a predictable move“ Although Venezuela's attempt to issue cryptocurrency is novel, it is not new that the United States restricts financial transactions with countries subject to sanctions. " "The issue of cryptocurrency will not help Venezuela escape sanctions," said Jerry Brito, executive director of coin center, a think tankMany countries have opened up models to protect their economies from seemingly inevitable economic trends. De dollarization is popular not only among countries, but also among investors, mainly e to the growth of global technology and the increasing popularity of the Internet. At the same time, the global financial market also reflects the trend of de dollarization
At present, many countries are following this practice. The United States, through international financial institutions such as the International Monetary Fund and the world bank, continues to exert financial and economic pressure on all countries, so these countries unite to resist US interference. Technological progress has accelerated the transfer of the UK and the US as global financial centers. First of all, the unrestrained printing of US dollar also distorts the development of global economy, resulting in the expansion of stock market and out of control of US debt. Quantitative easing monetary policy, derivatives Ponzi scheme and other forms of financial leverage have also led to manipulation of the global gold market. Just like the financial crisis in 2008, if the market collapses, the central banks will go through the difficulties through the quantitative easing monetary policy, ensure the market cash flow, and let taxpayers and small investors bear the pain of the financial crisis Ordinary people may not be able to understand the market situation in time. But in fact, the dollar is devaluing. However, gold is still manipulated and controlled. Like other markets, the gold market is also affected by the dollar, central financial institutions and market manipulationthe expansion of the cryptocurrency market is not only related to the popularity of the Internet and smart phones and the development of the digital world, but also regarded by investors as a safe haven from central financial institutions and central banks. Whether bitcoin can prove to be a long-term investment remains to be seen, but the concept of cryptocurrency already exists. Blockchain technology, which supports cryptocurrency, is absolutely a typical example of economic transactions to central China. Through blockchain technology, the transaction of cryptocurrency will not involve any intermediary who can manipulate and distort the market at will
The crazy rise of bitcoin price reflects the potential crisis in the global financial market, that is, it may be rotten in the hands and can not be realized. All kinds of virtual currencies you see now are very popular, but you should clearly know that virtual currency itself has no economic value and is not recognized by any government, If you say that he has no value and no one will buy him, he has no value at all{ RRRRR}
although it is simple to say, it is not so simple in actual operation, but the general principle is similar, because the virtual currency itself is affected by the investment tuyere, more and more investors pour into the instry, and oversupply will lead to its price rising rapidly. Before Tesla put forward a one currency car purchase plan, If it can be implemented, it means that it has the purchasing power in real life, and the risk is much lower. At the same time, there are a lot of virtual currencies. Because of the rapid rise in the price, also because of this, its price once rose rapidly, but whether it can survive or not