Peak value of bitcoin
virtual currency is valuable because of its liquidity and not easy to query
a bitcoin system written by a pile of codes, from worthless to 100000 yuan, what is bitcoin? Why is it so valuable? Once you understand the nature of bitcoin, you won't just focus on currency price fluctuations. It can be said that the invention of bitcoin has given people unlimited imagination. Of course, the value of bitcoin is also determined by its demand. So who needs bitcoin in the first place? When we talk about how to reach a consensus on a broader level, let's first look at the essence of value. Why is gold valuable and what is its essence
in my opinion, a group of virtual currencies led by bitcoin will exist for a long time and will not replace the current legal tender. It will exist independent of fiat money and will not belong to any country. Some virtual currencies are recognized by some people first, and then graally form a wider circulation because of their value. More people reach this consensus, and finally they have the value of existence. Of course, most virtual currencies have no value and are aviation currencies. If a currency wants to exist for a long time, it must go through a long period of ups and downs, and constantly dig out its greater use value, in order to become a virtual currency with real value
If you go back to seven years ago and choose a new investment opportunity, you will choose to invest in stocks, and then wait for the 15 year bull market to multiply your assets; They may also invest in real estate, and then wait for the real estate outbreak in 16 years to double their assets. However, if we chose to invest 10000 yuan in bitcoin seven years ago, we could sit on 66.2 billion yuan in 17 years, a rise of more than 6 million times
as we all know, the currency market in 2018 was a tragic year. At the beginning of 2018, the price of bitcoin was at the highest level in history, and the concept of blockchain began to heat up. A lot of people who originally belonged to the outside circle swarmed in to participate in entrepreneurship, employment and money buying. The prospect of the currency market seemed to be very good. Later, as we all know, as the price of currency fell again and again, the newly established blockchain media fell down one by one, and those new people who followed suit to buy currency were trapped in a high position to discuss; Bitcoin& ldquo; Blockchain & quot; There's less and less sound in the room. The coin ring gives these new comers a sense of cruelty
More than 90% of the people are trapped here, and faith is a very strange thing; Like the queen in the last kingdom of American TV series, the Danes gather to attack, she still says & mdash& mdash; God will punish the infidels and calm downlast year, all digital currencies and ICO platforms were shut down in China, and all countries in the world have put restrictions on them. At this time, few ordinary holders are willing to sell, and they basically hold them. This requires great determination, life problems, currency speculation problems, all kinds of problems may cause no longer hold; These problems cause a lot of trouble, so many people do not live well. After half a year, the instry that countries all over the world have entered is & lt; Blockchain & quot; And digital currency! In the game of blockchain, many countries have made some moves, and the holders are also on the sidelines
As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)
it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times
that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price
expansion data:
24 hours, the whole network burst warehouse 4 billion 600 million
controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long
on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours
According to the historical data, the short position burst on the 27th was up 136% compared with the previous trading daySince the birth of bitcoin in 2009, the first price to buy bitcoin in 2010 was about US $0.0025. At a price of $27000, bitcoin has risen 10.8 million times since its birth< In other words, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million even with bitcoin's amazing growth, Citibank recently announced a target price of $300000, which is 11 times the current price
Although centralized trading has many fatal disadvantages. 100% of the existing currencies and banks in the world are issued or abandoned by the National Central Bank, and ordinary people cannot participate in the issuance of currencies and banks or the central bank accounts. If the Central Bank continues to issue money silver, it will continuously dilute people's money silver and rece the purchasing power of money silver. It's not shocking at all. This has happened in some countries in the world. Take Zimbabwe as an example. In recent years, the government issued a large number of currency and silver, which led to the collapse of Zimbabwe's economy. Finally, the US dollar had to be introced into the local legal currency and silver< Economists are considering replacing bitcoin in ZimbabweIt is mentioned in the ancient poem that in the rough years, the officials were rich in buying millet, and the coins were flexible. In ancient China, there were many ways to express coins, such as shells, nickel coins, copper coins and so on. In modern life, money also has a variety of forms. For example, people can use coins to take the bus or use virtual money. Bitcoin is one of them, and bitcoin is not real money, but virtual money
After that, Li Xiaolai quit his job as an English teacher and started an investment company with a value of 67 billion yuan. He also opened many courses on Internet investment for you to learn. Many people call him "the richest man in bitcoin in China". However, he may be one of the people with the most bitcoin in the world, It can only be said that Li Xiaolai's eyes are really poisonous. What do you think of thisWith the rapid development of China's economy, people also have more free money in their hands. With free money, they feel that they can't stay idle. They want to do some investment and financial management to let their money appreciate. Many people choose to save and eat in the bank, and there are also many people who choose interest. To obtain high profits in the form of P2P, it has to be said that P2P is now a high-risk means of deposit, and it also needs careful investment, but there are also very few people who choose to invest in virtual currency, which is a high-risk and high-yield way of investment
if you choose to enter the market without knowing why, you will be cut leeks. In fact, after the sharp rise and fall, we can also see the financial attribute of bitcoin. In fact, its market value can't say whether it has reached the peak, because the market is liquid, and the rise can't be determined by forecasting, we can only predict. The price of bitcoin will determine whether it has reached the peak now