Bitcoin capital outflow
bitcoin fell to $903 on January 10, down to 17% from the peak of $1091 on January 4. The direct reason is that the people's Bank of China has hinted that they are closely watching the market for irregularities. Given that China's bitcoin trading accounts for about 99% of the total trading volume of global exchanges tracked by bitcoinity, it's not surprising that China's regulatory actions are enough to drive bitcoin prices down
1 China's enthusiasm for this cryptocurrency is misplaced. Last year, China's foreign exchange reserves fell by about $320 billion. Given that capital is still flowing in under trade items, the actual scale of capital outflow may be larger. The current scale of the whole bitcoin market is about 15 billion US dollars, which is too small to allow a very small amount of money to leave China
rather than regard bitcoin as a channel for capital outflow, it is better to regard it as the latest type of investment bubble in China. Just as the stock market bubble in 2015 and the precious metal bubble in early 2016, the rise in prices was initially based on fundamentals. For bitcoin, this is based on the demand of Chinese households for offshore capital. With the influx of speculators holding a lot of money, prices soared. In the end, the regulatory crackdown and the carnival ended - until the next round.
I think this is more serious than the loss, but it should have little impact on our real currency. Because the two are not related . The currency of the virtual world is a game created by capitalists in order to converge the wealth of people in the real world. But no matter how we ordinary people speculate, we can't change the fate of these capitalists. They often dominate the changes in the war situation, turning their hands into clouds and covering their hands with rain. But no matter what they do, it should have little impact on the real world currency, otherwise governments will not allow them to exist
Therefore, changes in the bitcoin market will not affect the value of our real currency or other aspects. Even if there is, the governments of various countries will also vigorously suppress and try to rece the impact in this regard, so we should relax our mind strong>on the contrary, any kind of asset may lead to capital outflow and be used for money laundering activities, such as stamp trading market, collectibles trading market and so on. We also need to see the positive aspect of virtual currency. Bitcoin blockchain technology is disruptive to all walks of life. Dogcoin has certain advantages in international charity and small reward. Fuyuan coin claims to focus on the application points of jewelry instry.
I think the vast majority of bitcoin's 800 million yuan should have gone into the pockets of some capitalists, and the remaining few went into the hands of those investors who speculated correctly Strong> in my opinion, bitcoin is more like a bubble economy. It is a game between capitalists and capitalists. Because even if the bubble breaks, they have plenty of means to come out, but for us, these small shareholders are different. p> Therefore, as users, we still need to be more rational to look at these things. The sky won't drop pie for us to pick up. We still need to focus on the present. We can't always look down on those castles in the air< the most important thing is to do what you do now strong>
There are three reasons for the sharp fall of bitcoin. The first is that the US Treasury believes that many financial institutions use bitcoin to launder money. The second reason is that many bitcoin holders choose to leave the market at the top of bitcoin, which leads to the collapse of bitcoin. The third reason is that countries may tighten their regulatory policies in comparison with the special currency
the US Treasury Department believes that many financial institutions use bitcoin to launder money
on April 18, it was revealed that the US Treasury Department believes that many financial institutions use bitcoin to launder money. This is the biggest reason for bitcoin's slump. Because in the past, the largest holders of bitcoin were various investment companies and financial institutions on Wall Street in the United States
these companies own most of bitcoin, and when macro policies affect them, they will sell bitcoin, which will lead to the decline of bitcoin price. According to previous news reports, the US Treasury secretary is not optimistic about bitcoin he believes that bitcoin often carries out illegal financing. This also provides authenticity for the news{ RRRRR}
This big drop in bitcoin prices can be said to have directly led to the collapse of many people. And behind this slump, many people doubt whether there is someone behind bitcoin operating in the dark, controlling the price of bitcoin. Today, we will discuss whether there are hidden operations behind the 470000 people's explosion{ RRRRR}
Third, how to treat the black box operation behind
many people say that the transaction price of bitcoin is controlled by several groups. They control the rise and fall of bitcoin to keep their own funds rising. To tell you the truth, it's possible. As long as you have a lot of bitcoin, you can control the market. But to tell the truth, if we harvest leeks simply by controlling the market trend, it's a bit of a fuss for such a large amount of funds
I think it is mainly caused by panic, because the bitcoin market will be greatly affected by the mood
the market of bitcoin has nothing to do with the valuation and management of the market, and the reason is very simple, because bitcoin is not constrained by any institution. When bitcoin rises sharply, it shows that everyone has enough confidence in bitcoin. On the contrary, when bitcoin falls sharply, everyone will sell bitcoin
bitcoin has fallen below $50000
I remember that bitcoin had broken the historical mark of US $65000 when it rose the highest, but in just 10 days, bitcoin fell back to US $50000, a drop of more than 25%. This fluctuation is hard for ordinary investors to accept, because the psychological expectation that ordinary investors can accept is about 5%, and the point of 25% can be called a bear market { RRRRR}