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BTC catalysis

Publish: 2021-03-30 20:36:53
1. How to use the three technical indicators to understand the rise and fall of bitcoin

coincola coying Cola
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how to use the three technical indicators to understand the rise and fall of bitcoin
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recently, "bitcoin broke through $8000" has been on the hot search. For a while, bitcoin rose, reborn rose sharply, and Ethereum led the rise... A week later, this big play dominated by bitcoin didn't seem to come to an end, and the trading volume was once pushed up to 100 billion US dollars

in the investment world, "madness" and "fear" coexist. Today's "madness" stems from last year's long-term "fear". However, this time, coincola Cola Research Institute tracks and analyzes the technical indicators behind the rising market, and deconstructs the "passion" of the market with the "rationality" of data< (1) mining and bitcoin price

start with the relationship between mining and bitcoin. The core technology of bitcoin is "blockchain", which is connected by blocks. Each block corresponds to a bill. All transaction information and transfer records of bitcoin are recorded on the blockchain. Every other point in time, the bitcoin system will generate a random code on the system node. Due to distributed accounting, all computers on the Internet can search for the code. Whoever finds the code will generate a block and then get bitcoin. This process is mining. Calculating this random code requires a lot of GPU operations, so miners need to use mining machines with massive graphics cards to make profits

1. Bitcoin computing power: starting to pick up

remarks: June 2018-may 2019 bitcoin hash value

data source: bitcoin visual, coincola Research Institute

the above figure shows the bitcoin hash value. The hash value of the bitcoin network represents the computing power of the blockchain. The growth of computing power means that miners increase mining investment or increase the number of miners. Since the second half of 2018, the hash value has recovered from falling back to picking up, from 32eh / s at the end of the year to 50eh / s now, and the recent growth trend is remarkable. The continuous growth of bitcoin hash value (representing computing power) indicates that the market is optimistic about the future of bitcoin

2. Mining difficulty: stepped up

remarks: bitcoin difficulty from June 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the figure above shows bitcoin difficulty. Since 2019, the difficulty of bitcoin mining has increased in a step-by-step manner, from the low 5T to the current 7T. It can be seen that the rapid rise of bitcoin in this round has reced mining costs and increased market entry personnel. The increasing difficulty of mining means that there are profit opportunities in cryptocurrency market, and the market is generally optimistic< (2) the number of active addresses and transactions on the chain are important indicators reflecting the activity of cryptocurrency, which are highly correlated with the price of cryptocurrency

1. The number of active addresses on the bitcoin chain: a straight line rise

remarks: the number of active addresses on the bitcoin chain from June 2018 to may 2019

data source: coinmetrics, coincola Research Institute

active addresses refer to the addresses where transactions have taken place every day, that is, how many independent addresses conct transfer transactions on the chain every day. Since 2019, the number of active addresses on the bitcoin chain has been rising, especially in recent years. From 540.60143k in January to 832.592k now. It shows that the rapid growth of active users of cryptocurrency is a very positive signal for the market

2. The number of transactions on the bitcoin chain: continued to rise

remarks: the number of transactions on the bitcoin chain from June 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

since 2019, the number of transactions on the bitcoin chain has continued to rise, from 235k in early 2019 to 374k now. Moreover, since April and may, after two rounds of sharp rise in the price of bitcoin, the number of transactions on the chain has remained at a high level, even showing signs of a short-term surge< (3) lightning network and bitcoin price

in essence, lightning network adds a layer to the basic layer of bitcoin blockchain in order to make the transaction fast and cheap. With the existence of lightning network, users can remit money to each other at any time and pay very little. Lightning network represents not only the technical level of bitcoin, but also the important basis of bitcoin value

1. Lightning network nodes: rapid growth

remarks: bitcoin lightning network nodes from January 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

the test version of lightning network started on the bitcoin main network on March 15, 2018. The number of lightning network nodes was only 64 at the beginning of 2018 and increased to 2329 at the end of 2018. Since 2019, the number of lightning network nodes has increased rapidly, and now it has reached 4289. In less than half a year, the number of nodes has doubled. The continuous expansion of nodes indicates the continuous upgrading and development of bitcoin lightning network technology, which is an important indicator of bitcoin price

2. Lightning network capacity: speed up

remarks: bitcoin lightning network capacity from January 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the data above shows that as of May 15, 2019, bitcoin lightning network capacity has increased to 1039 BTC, equivalent to 833usd, while at the beginning of 2019, it is only 504btc, Lightning network capacity doubled, and the growth rate accelerated. This means that the expansion of bitcoin has been well solved in lightning network technology, which will help keep the payment channel active and effectively support the functional application of bitcoin

the performance of mining, chain trading and lightning network is closely related to the price of bitcoin. On the one hand, the rise of bitcoin price acts as a catalyst to stimulate its performance in mining, chain and lightning network; On the other hand, mining, chain trading and lightning network are the important cornerstone of bitcoin price trend and the important basis of bitcoin price expectation<

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yesterday, he discussed bitcoin with people, and then suddenly found that the surge brought by the listing of futures may be the pit g by some big institutions, Bitcoin could collapse shortly after CME's CBOE listing. After the listing, the price will maintain a certain stability in a certain range
2. Buy money on big platforms, such as the okex exchange.
3. The opening of a bull market is not the atmosphere infected by the pull of a certain currency, but the long-term conspiracy behind the financiers, such as the climax of the currency market in 17 years

analysis of the conditions and reasons for the bull market from October to December in 2017:

1. The 94 policy led to a large number of shanzhais being taken off the shelves, resulting in the rection of currency compression and the concentration of funds

2. The stop of RMB recharge has enabled BTC and eth tokens to circulate substantially in the digital currency trading market

3. In the medium term, there are thousands of currencies incubating private placement, and there is a demand of 100 billion funds for tokens

4. The expectation and numbness caused by the lack of understanding of the value of blockchain

5. The understanding of the cruelty of financial transactions is simple, and the mode transformation from 2017 to 2018 is not understood (the spot price rises continuously, and the futures hedging price fluctuates)

6. The market lacks understanding of the financial financing (currency) routines of incubation, early bird and private placement (for example, the price of private placement has expanded 5-10 times or even dozens of times since incubation)

7. The derivatives of a large number of forked coins and candy promotion promoted the bull market

in May and June of the year 18, the public chain was hot, and the financiers cooperated with EOS's favorable main network and node election to pull the market as soon as possible, which drove the market mood and completed a calf

whether the future market is bull or not, brother Zhu thinks that September and October should digest part of the smashing market in July and August and be bullish. The rise of LBTC has little effect on it, and there is more than one LBTC rising fiercely from low to high

to sum up, LBTC is the initiator. It's right to say that the price will rise to 1000 yuan. It depends on the time. It's unlikely to rise in 19 years, but as an investment for the future, it's entirely possible for LBTC to rise to 1000 yuan.
4.

Last night's bitcoin was destined to be recorded in history

at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell rapidly from $9700 to a low of $7998. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months

The sharp drop in the price of the currency has brought about a terrible situation in the contract market, which was full of blood last night

according to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added

"bitcoin crash" also appeared on the microblog hot search list again two months later

it is worth noting that a few days ago, there was news in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency. He said the goal of digital currency and electronic payment in the future is to replace part of cash

bitcoin plummeted by more than 15% in 100 minutes

below US $8000

last night, the collapse of bitcoin shocked investors again

at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell to a low of $7998, down more than 15%. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months

"in terms of bitcoin, this is quite a rare event," said Qiao Wang, proct director of messari, a New York based cryptocurrency centric data and research company

so far, bitcoin has plummeted nearly 35% from the highest point of US $13355 in the year

this means that bitcoin's bull market in 2019 is in trouble

since September 2, BTC has started to collapse from a bearish downward triangle, which has been noticed by most people in the cryptocurrency twitter community

some market participants said that the decline of bitcoin was partly e to technical factors. They pointed out that the digital currency has been falling in a triangle, which is a bearish signal

ZBG CMO Lizzie of the Hong Kong digital currency exchange
Lo told the fund that a series of expectations have been digested, including the expected baktt exchange online, but the trading is flat. In addition, the institutions will make corresponding strategic adjustments,
several major institutions short bitcoin

It is reported that bakkt is one of the main catalysts for the sharp rise in bitcoin prices earlier this year. However, he further added that it is too early to see the long-term impact of this futures proct on bitcoin

as of the press release, the price of bitcoin was $8651.53, down 11.08% in the past 24 hours

and the coin circle is also full of sorrow: EOS, Ethereum, etc. all fell by more than 10%

however, Lizzie Lo said that after a round of slump,
it noticed that usdt, a stable currency, had a large premium as a ticket for investment in the currency circle, which meant that there was a lot of money on the sidelines. In the medium and long term, it believes in the consensus of bitcoin, and the downward adjustment only gives opportunities for traditional funds that had not entered the market

investors were awakened by qiangping's SMS in the middle of the night

the overall collapse of the currency circle has brought about a miserable contract market, which was full of blood last night

according to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added. Among them, bitcoin added 6.34 million burst warehouse receipts, about 72000
BTC; EOS added 9.79 million explosive warehouse receipts, about 36.07 million EOS; Ethereum added 10.5 million explosive warehouse receipts, about 652000 eth

some bitcoin investors said that they woke up in the middle of the night last night, received a burst SMS, and then couldn't sleep any more...

the long short ratio ranged from 2:1 to 1:1

however, there were also those who made a lot of money by shorting:

according to the triple BTC short index of ZBG platform, the short profit reached its peak at 3:30 on September 25. So far, the short index has grown by 33.5% in 24 hours

Lizzie Lo points out that at 3:30 a.m., the triple shorting index reaches its peak, which means that the most people are short at that time

under the crazy counterattack of bears, the market long short ratio was slaughtered from 2:1 to 1:1

in addition, as investors sought to close their positions in the crazy sell-off, they withdrew from the market of $30 billion within 24 hours About 213.3 billion yuan)

Yi Gang: at present, there is no timetable for its launch. The goal is to replace part of M0. It is worth noting that recently, it was reported in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency

Yi Gang said:

I would like to say a few points about digital currency. First, the people's Bank of China has been studying digital currency since 2014. We have a digital currency Research Institute and a special team, and we have made positive progress. We combine the central bank's digital currency and electronic payment tools, so it is called a package of digital currency and electronic payment

Second, what are the goals of digital money and electronic payment in the future? The goal is to replace a part of M0, that is, to replace a part of cash. It does not mean to replace M1 or m2

Third, the future framework of our digital currency is a two-tier operation system of the central bank and commercial banks, which will not change the current money supply path and system, so as to fully mobilize the enthusiasm of the market

Fourth, we will adhere to the centralized management, do not presuppose the technical route in the research and development work, we can choose the best in the market through fair competition, we can consider the blockchain technology, we can also adopt the new technology evolved from the existing electronic payment, fully mobilize the enthusiasm and creativity of the market, we have also set up a mechanism compatible with the incentive mechanism of market institutions. As for when you ask, we don't have a timetable. I think there will be a series of research, testing, pilot, assessment and risk prevention. Especially if digital currency is used across borders, there will be a series of regulatory requirements such as anti money laundering, anti terrorist financing, anti tax haven and "know your customer"

- for more data, please refer to the in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute

5. Blockchain is a public database designed for bitcoin, a digital cryptocurrency. It records every transaction on the network in chronological order, which makes bitcoin very secure and avoids centralized verification. Blockchain is the technical basis for the existence of bitcoin, and also the technical guarantee for the authenticity and reliability of bitcoin transactions< However, blockchain technology is not limited to bitcoin. Today's experts are considering whether it can be used to track the flow of electrons in a distributed grid. Of course, there are also some domestic enterprises testing the water blockchain projects, such as the crowdfunding of digital currency in China.
6.

Bitcoin BTC 2009 Satoshi Nakamoto is bitcoin / org ~ $24.3 billion is SHA-256; LTC 2011 coblee is litecoin / org ~ $3.6 billion is script infinite; IFC 2012 ifccion is ifccoin / ORG~$ $20 million is a script quark, qrk 2012, qrkcion is cgbcion / org - $10 million is a script zeta, ZET 2012 zetcony is ZET / org - $10 million is a script proof of work / POS

7. Take a look at the screenshot, otherwise there is no way to see, no indentation
8. Bitcoin data (ledger) is stored in the computer (mining machine) of the whole node.
9. Any new technology will inevitably face doubts and bubbles, and block chains are no exception. We should embrace change and avoid bubbles to maximize value.
let me give you an example. You may understand how many cycling enterprises have been born in the vent of bike sharing? Now, with the tuyere fading, there are only a few left. And even the head of the enterprise is not easy
1. is sure to generate bubbles. Br />2. foam growth. < After the br />3. bubble burst, it can not be questioned that new technology is useless.
(bike sharing has greatly changed travel)
4. Panic will lead to extremely low prices, and then it will be profitable
5. The survival rate is very low, except that the head can live, others almost die
(bitcoin - 85% +, Shanzhai Coin - 95 ~ 99% and even death)

bitcoin has been questioned countless times, or it has survived, and is still constantly reaching new heights, so there is no value to speak of
from the perspective of blockchain, bitcoin is also similar to gold and silver as a part of assets< I ask why gold, silver and diamonds are valuable? In essence, it's just a stone
because everyone recognizes it, it has value
What do you think of the centralization of money and paper money? By the way, the soft currency continues to depreciate
I remember that I knew about bitcoin in 2013, only after it plummeted
at that time, I was very disdainful. What's the value of this thing except to hype the capital market Now many little friends think the same way)

and then they came to the beginning of April 17
it's soaring again attracted my attention, and it kept rising until 20000 soft coins
I was shocked and didn't understand
however, with the growth of knowledge (graation from University), I think there must be some rationality in the existence of this thing
in philosophy, "being is reason"
moreover, its soaring price must have its unique features. We can't judge new things with our present eyes, otherwise we will suffer a great loss
this is also in philosophy, "new things will inevitably eliminate old things, this is e to the advanced nature of new things"

and read a lot of books, and also think a lot after.
I'm almost sure blockchain will change the world
therefore, we must embrace change instead of sticking to self-esteem

the application of blockchain has been written in "illustrated blockchain", covering all aspects of life
source: Zhihu
10.

Good afternoon. Aromatic hydrocarbons, aliphatic hydrocarbons and alkanes are good solvents for organotin. Esters, ethers, alcohols and ketones can also be used for limited dilution. Mbtc is similar to the catalyst lauryl dibutyltin used for ink and paint. It can use 6 ᦇ or 120 ᦇ solvent oil (6 ᦇ is ordinary white oil for cleaning mobile phone screen). If you don't care about the smell, you can also buy a bottle of AR xylene nearby. I don't know what your dilution purpose is. If it is used as crosslinking catalyst of active monomer, it can be diluted to 1% - 3%. Mbtc and lauryl tin, stannous octanoate and other uses are similar, please refer to as appropriate

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