BTC fell
1, the short-term factors that determine the price: supply and demand and market sentiment
the relationship between supply and demand means that if the amount of money spent on buying bitcoin is more than that spent on selling bitcoin, the price of bitcoin will rise. If more people buy bitcoin, it will rise
market sentiment refers to the views of the market and the media on the price trend of bitcoin at that time. When many people strongly see bitcoin, the market sentiment is confident, and the price of bitcoin will rise rapidly. If the media makes pessimistic reports on the price of bitcoin, it will affect people's confidence and lead people to sell bitcoin, and the price of bitcoin will fall
2, the medium-term factors that determine the price: policy, news and mining cost
on the policy side, it is the policy attitude of governments towards bitcoin. For example, the recent crackdown and regulation of bitcoin by the South Korean government has led to a sharp drop in the price of bitcoin in the near future. If more and more countries support and encourage the development of bitcoin, the price of bitcoin will be higher and higher. On the contrary, if many countries begin to suppress bitcoin, the price of bitcoin will continue to fall
on the news side, there are some important things in the bitcoin instry. For example, around December, the two major stock exchanges in the United States launched bitcoin futures, which are good for bitcoin and directly push the price of bitcoin up to about $20000
mining cost is the cost of bitcoin miners using machines to dig out bitcoin. At present, the cost of digging out a bitcoin is about 12000 US dollars, so it is difficult for the price of bitcoin to fall below 12000 US dollars. Mining cost is the bottom line of bitcoin price. With the continuous increase of mining costs, the reason is that more competitors enter the mining field, especially many large institutions, companies and countries
3 determines the long-term price factors: the US dollar trend, the global bubble, the official digital currency, and the block chain technology.
the trend of the US dollar. According to the personal analysis data, the US dollar will weaken in the next few years, which means that the global monetary system with us dollar as the world currency in the past will be rebuilt. The rise and future of bitcoin is to assume the identity and mission of the world currency
global bubble. Since the United States abolished the gold standard Bretton Woods system in 70s, many countries in the United States have been printing banknote printing machines. The bubble of currency has caused the global economic bubble and asset bubble. The global economic crisis triggered by the US subprime mortgage crisis in 2008 is the crisis triggered by the currency bubble. At present, the global economic bubble and asset bubble have reached the critical point of collapse. The birth of bitcoin was e to the reason of the currency bubble, which made people no longer believe in the currency of national credit, and began to believe and recognize bitcoin.
official digital currency, countries around the world have begun to prepare to issue official digital currency, that is, digital currency issued by countries. Venezuela has issued a national level digital currency - Petroleum currency. Israel is preparing to issue it, Russia is also preparing to issue it, and the Japanese government is issuing it. 2018 will become the first year of the global official digital currency. The accelerated launch of official digital currency and its increasing popularity show that the value of bitcoin as internet currency is unlimited.
bus route: sightseeing No.2 → Metro Line 3 → no.615, the whole journey is about 17.3km
1. Walk about 10m from Jinwei road to Jinwei Road Station
2. Take sightseeing No.2, pass by 2 stations, reach xiaoshulin station
3. Walk about 490 meters to jinshiqiao station
4. Take Metro Line 3, pass by 7 stations, reach Tianta station
5, walk about 470 meters, Take bus no.615 to Tianta station, then take bus no.612 to Meijiang Convention and Exhibition Center Station after 7 stops
if the mobile phone can't be used normally e to system failure or has problems after self brushing, it is recommended that you send the machine to the after-sales service center for inspection and treatment by the engineer
supplement:
1. Due to the instability and compatibility problems of some third-party websites or forums, it is not recommended to try to swipe the computer if they are not professionals
2. In order to improve the user experience, Samsung mobile phone provides system update service. If there is a new firmware, there will be push update notification. You can perform the following operations: settings - (about mobile phone / about device) - System Update - Automatic Update - turn on.
On December 17, last year, according to the bitcoin platform cex.io, bitcoin's US dollar quotation broke through the US $20000 mark for the first time, reaching a new record. The quotations of several major bitcoin trading platforms overseas also approached the US $20000 mark at the same time. However, the price of bitcoin fell below US $14000 on December 22 e to the theft of 60000 bitcoins on Ukrainian exchange liqui on December 21 and hacker attacks on some trading platforms
for the current round of decline. Some analysts believe that it is e to South Korea's regulatory policy. On January 11, according to foreign media reports, South Korea's Ministry of justice was preparing legislation to pave the way for the complete closure of domestic exchanges. On January 10, bithumb and coinone, two South Korean exchanges, were raided by the IRS, which was also seen as verifying whether there were tax evasion and financial transactions on the exchanges. On January 8, the chairman of the South Korean Financial Services Commission said at a news conference that he was concting a joint inspection with the South Korean Financial Supervision Institute on six banks providing cryptocurrency account services to verify the anti money laundering regulations previously formulated and the implementation of real name system measures for relevant accounts
I think there's something wrong with your idea, and I never recommend anyone to invest in bitcoin in fact, the reason is very simple, because the market of investing in bitcoin is more dangerous than investing in stocks. Normal people simply can't bear such risks, let alone the impact of huge losses on your life bitcoin has indeed plummeted since March 2021, bitcoin has been on the rise continuously. It once soared from about $40000 to $64000. The increase can be described as exaggeration. But behind the huge increase, we should think about the risks brought by the withdrawal of bitcoin, such as the recent bitcoin market, Bitcoin fell to about $50000 at one time, and this big rise and fall has a great psychological impact on ordinary people{ RRRRR}