Financial events triggered by bitcoin
some malware also make great use of the parallel computing power of graphics cards. In August 2011, botnet of bitcoin mining was discovered, and Mac OS X infected by Trojan horse was also discovered to mine bitcoin.
on June 19, 2011, security vulnerability of mt.gox (Magic: abbreviation of the gathering online exchange) bitcoin trading center caused the price of 1 bitcoin to drop to 1 cent (although other transactions were not affected). The reason is that a hacker stole the user's mtgox certificate from the computer infected with the Trojan horse, so he transferred bitcoin to his own account and sold it, resulting in a large number of "ask" requests at that price. A few minutes later, mtgox shut down and cancelled the abnormal transactions in the hacking incident, making the price of bitcoin rebound back to $15. In the end, the bitcoin exchange rate went back to what it was before the crash. Accounts equivalent to more than $8750000 were affected
in July 2011, the operator of bitomat, the world's third largest bitcoin trading center, announced the loss of access rights to the wallet.dat file that records 17000 bitcoins (about 220000 US dollars). At the same time, announced the decision to sell services to make up for the loss of users
in August 2011, mybitcoin, one of the processing centers of common bitcoin transactions, announced that it had been attacked by hackers and shut down. Involving 49% of customers' deposits, more than 78000 bitcoins (then equivalent to about $800000) are missing
in early August 2012, bitconica was sued in the San Francisco court for damages of about $460000. In 2012, bitconica was attacked twice by hackers, accused of ignoring the security of customers' funds and forging withdrawal applications
in late August 2012, bitcoin savings and trust was shut down by its owner, leaving about US $5.6 million in debt. At the same time, he was accused of operating the Ponzi scheme. In September 2012, the securities and Exchange Commission began to investigate the case
in September 2012, bitfloor trading center was also hacked, and 24000 bitcoins (about US $250000) were stolen. Bitfloor was suspended. Bitfloor resumed operations in the same month, and its founder said he had reported the theft to the FBI and that he was planning to compensate the victims, but the compensation schele was unclear
in June 2011, a hacker transferred 25000 bitcoins into his account, which is equivalent to 500000 US dollars. The whole transaction could not be traced. Although the owner of bitcoin announced the theft on the Internet, it was useless. The hacker became the first thief of bitcoin
in 2012, 46703 bitcoin worth US $228845 was stolen e to the disclosure of the super management password of the server of the website hosting provider linode. More than 43000 stolen bitcoins belong to bitcoinica, a bitcoin trading platform. Another 3094 bitcoins are owned by Marek palatinus, a Czech programmer. Gavin Andersen, the chief bitcoin programmer, also lost his five bitcoins.
ring the global financial crisis in 2007 / 08, the price of gold fluctuated sharply. In March 2008, the price of gold peaked at 1032, then plummeted to 680 in a few months, and then went all the way to the peak in 1920.
The rapid rise of bitcoin's price comes from the fact that its use value is graally recognized by popular business services such as green ecology. For example, Jack Dorsey, the founder of Twitter and square, made a high-profile promotion and planning of BTC in Silicon Valley in the United States, which is also called the original ecological currency of the next generation Internet technology, and announced the purchase of $50 million BTC< naturally, apart from the Internet technology circle, it is also like the BTC Private Fund released by grayscale, a financial enterprise, which helps traditional financial enterprises get BTC financial planning
at present, the total position cost of BTC commodity futures is about 6.3 billion, which has increased 133% since the beginning of this year and constantly updated new historical records. Unlike the spot trading market, the increase of non compulsory position closing trading position of derivative procts in zero sum game indicates the contradiction level between buyers and sellers on spot trading base price
One of Asia's largest banks, DBS, recently said bitcoin is a financial fraud
On the contrary, Gledhill said, it is more meaningful to focus on the electronic transactions of government supported currencies
he is not the first person to take a negative attitude towards digital token. In the end, Gledhill predicted that the pricing of bitcoin would become "very cheap", adding that bitcoin would not help DBS bring customers, deposits or wealth management
transferring bitcoin to the other end of the earth is as simple, low-cost and unlimited as sending e-mail
As a result, bitcoin is used in cross-border trade, payment, remittance and other fields
first: benefiting from the loose monetary policy of the Federal Reserve,
suffered from the COVID-19 pandemic this year. In order to solve the liquidity crisis and stimulate the economy, the Fed injected a large amount of liquidity into the US dollar, causing huge fluctuations in the global financial market, including the digital money market. P>
second: the occurrence of COVID-19, the hedging attribute of bitcoin
COVID-19 epidemic has swept across many countries in the world, and has also had a great impact on enterprises and investment circles. p>
in the Research Report of grayscale investment, it is mentioned that two thirds of the respondents who have invested in bitcoin in the past four months said that the new coronavirus epidemic affected their decision to invest in bitcoin
some people say that this is the result of other people's manipulation, but in my opinion, few people can directly control the bitcoin market
for those small partners who like to invest, they should often hear conspiracy theories. For example, a slump is the result of someone else's manipulation, and every surge is the result of someone else's pull-up. I think this idea is untenable, because the market of bitcoin can't be controlled by an indivial, This is a comprehensive reflection of the global economy
bitcoin plummeted $8000 an hour US $8000 is not a small number, because we know that bitcoin's current market is about US $50000. For those small partners who take over bitcoin at a high level, US $8000 means a withdrawal of almost 20%. This range is hard for many normal investors to accept, and many small partners with poor psychological quality are very scared{ RRRRR}
The crazy rise of bitcoin price reflects the potential crisis in the global financial market, that is, it may be rotten in the hands and can not be realized. All kinds of virtual currencies you see now are very popular, but you should clearly know that virtual currency itself has no economic value and is not recognized by any government, If you say that he has no value and no one will buy him, he has no value at all{ RRRRR}
although it is simple to say, it is not so simple in actual operation, but the general principle is similar, because the virtual currency itself is affected by the investment tuyere, more and more investors pour into the instry, and oversupply will lead to its price rising rapidly. Before Tesla put forward a one currency car purchase plan, If it can be implemented, it means that it has the purchasing power in real life, and the risk is much lower. At the same time, there are a lot of virtual currencies. Because of the rapid rise in the price, also because of this, its price once rose rapidly, but whether it can survive or not