Recent developments of bitcoin

1.

According to the latest data of bitfinex, poloniex, gdax and other trading platforms, the price of bitcoin continued to decline for six consecutive days. The latest price has reached the $14000 mark of Tiepo, which has dropped more than 30% from the highest point

Once people realize that's how it works, they start selling it, he says. The old bitcoin network may not work

Oldenburg admits that buying, selling or trading bitcoin is not a problem nowadays, but when bitcoin transactions are recorded in the blockchain, that is, when each transaction is recorded in the digital ledger, the problem will come to the surface. The crux of the problem is that you can only process a limited number of transactions per second in a bitcoin network, which in turn depends on the "block size" of memory in which the transactions are stored. Aldenberg said that would lead to the scarcity of liquidity and the unavailability of cryptocurrency

All in all, aldenberg doesn't believe that bitcoin will become the currency people use everyday. As long as the network is run by this group [in the old bitcoin network], these solutions will be found in bitcoin cash, where I will see the future, he said

Roger Waugh, an early investor of bitcoin and known as "bitcoin Jesus", believes that compared with the traditional version of bitcoin, bitcoin cash is faster, cheaper and more reliable. Some people in the market have predicted that bitcoin cash will replace bitcoin as the big boss of cryptocurrency, because bitcoin cash is more suitable for the efficient market

However, on Tuesday, coinbase, the leading bitcoin trading platform in the United States, announced that customers could buy and sell bitcoin cash freely, which prompted the rapid rise of bitcoin cash in the past two days, more than doubled in two trading days and set a record high of US $4300

said in a weekly "House View" report: "what we think is all the characteristics of bubbles: high trading volume and little practical use, which indicates that many traders are seeking speculative returns. Although the supply of bitcoin is limited, there are many more widely used cryptocurrencies, and there are now thousands of potential substitutes. "

the report from UBS's chief investment office of wealth management reiterated the bank's attitude in October. UBS said at the time that it believed that the whole encrypted money market was in the "speculative bubble". p>

in this week's report, UBS wrote: "we do not recommend customers to invest in bitcoin or short bitcoin. In principle, the irrational time of these markets is much longer than you can tolerate."

2. Now bitcoin is plummeting. Bitcoin fell 10% today to $10184.77. Compared with the previous $12000 or more, it is still down a lot
however, the fluctuation of bitcoin is very big. Some analysts said that the price of bitcoin may return
you can go to coin easy to have a look and learn more about the coin circle.

3. At present, the high level is horizontal, so I buy bitcoin in Bitz, and I plan to run if I have profit. It's my honor to take my advice. Thank you and wish you a happy life!

4. The prospect of blockchain is very good. One is supported by the state and projects planned by the state. The other is the needs of the society. For example, blockchain is now applied in many important fields, such as justice, finance and so on. Its efficiency has been greatly improved, and it can also fill the loopholes in the past. If you want to enter the blockchain enterprise, it is very possible. At present, you can pay more attention to this well-developed enterprise in China, such as interesting chain technology, which focuses on the research and development of the underlying basic platform. I hope I can help you.

5. BTC is OK. Eth and wxr seem to be OK

6. If you want to see information, you'd better go to sobtc, which is more authoritative. Bitcoin should continue to rise and fall for a while, and then rise again. Personal opinion. Investment is risky and prudent.

7.

In the past 24 hours, more than 110000 people in bitcoin have burst their positions, and 5.8 billion funds have been swallowed. In fact, I think the team is cutting leeks. In fact, the decline of bitcoin can be met in advance, and nothing can prosper all the time, So for most people, they still need to maintain a rational attitude to buy some funds or stocks and bonds. If it becomes a state of large-scale loss, then their money will be tied up, which is certainly not very good for them. Our attitude towards bitcoin is that it will not decline, it will only rise, So most people may not consider this situation and put all their money into it, but in such a situation, if the institutions withdraw their funds, they will inevitably face a lot of capital losses of retail investors

however, in the face of such a situation, we must understand that not all such things can have an answer, such as this kind of irregular things. As an ordinary investor, if we want to buy opportunistically, we may have to bear a greater risk, but in the face of the relative institutional investment, They may take less risk, because the risk they need to take is actually created by them. For most institutions, if they want to go up in the last stock, the probability of the stock's rise may be much greater than the probability of its decline. As for bitcoin, more than 110000 people burst their positions in the past 24 hours and 5.8 billion funds were swallowed, losing money in succession, in fact, I think the team is cutting leeks

8. Of course, no one knows whether it will rise or fall after buying bitcoin, but I know that no matter how much the price of bitcoin falls, our loss will always be the money we bought, and our loss is limited

9. Of course, as long as you want, you can trade bitcoin at any time. Recently, I also trade bitcoin on the okex platform of Ouyi. It's really a good platform. There's no need to worry about capital security at all.