Last time bitcoin hit a new high
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017
"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC
with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.
Bitcoin is the first and most popular decentralized cryptocurrency. At present, there are hundreds of cryptocurrencies in the world, some of which are growing geometrically. But the main focus is bitcoin. First, it's the most expensive cryptocurrency. Second, more than 100 million people around the world are bitcoin holders. In December 2017, when cryptocurrency became popular, the price of bitcoin suddenly rose to $20000. We invested a lot of money not only to buy cryptocurrency, but also to mine bitcoin and build a huge & lt; mining & quot;, With the installation of mining equipment, almost as much electricity is consumed as in small cities. Some entrepreneurs have invested hundreds of millions of dollars in mining. Mining equipment manufacturers are doing quite well. For example, bitland's special offer integrated circuit ant miner S9 miner costs $6500{ RRRRR}
of course, bitcoin and other decentralized cryptocurrencies are extremely volatile and unpredictable assets. Therefore, the investors are optimists or professional investors without roads. Due to the unstable exchange rate, bitcoin is difficult to become a means of payment and storage tool, and cryptocurrency cannot be widely circulated. If the world economy is stable, there will be investment tools with good income forecasts
At 17:40 on August 17, okcoin showed that the price of bitcoin once again broke through a record high of 30000 yuan. This morning, the opening price of bitcoin was 27981 yuan. After the opening, the price of bitcoin climbed all the way up, with an increase of over 7% on the same day. In just one month, the price of bitcoin has risen by 130%
however, for the sharp rise of the above-mentioned digital currency, a number of instry platforms are still cautious and think that investors should pay attention to investment risks
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
on February 26, 2014, Joe Manchin, a Democratic senator from West Virginia, issued an open letter to a number of regulatory authorities of the US federal government, hoping that the relevant authorities would pay attention to the status quo of bitcoin's encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency
from 12:00 noon on January 24, 2017, China's three major bitcoin platforms officially began to collect transaction fees
digital currency
, and is currently opposed to all digital currencies, prohibiting all
virtual currency
transactions
After testing the pressure level for many times, bitcoin finally reached the threshold of $50000. After nearly a week's shock, this breakthrough is also expected. But do not know how many investors in the long-term shock, lost valuable chips. I've been asking everyone to have one recently; Bitcoin world list;, That's the truth
in this week's shock, most novices can't hold the money, and some are shocked by the last wave of shock in the final shock process. Many novices have left messages with me, but they have no idea. All of them are still saying, either hold money or set up a Tiandi list. Only in this way can you ensure that you will not have no idea in this wave of bull market. If you want to suggest learning to set up a Tiandi list, you can chat with me in private
as can be seen from the chart, bitcoin has stepped out of the rising wedge after a week's shock, and this wave of breakthrough represents that bitcoin is on a new stage. The pressure level above is around $54000, so you can focus at the end. If you step back on the trend line of $50500 later, it will be a good opportunity
from the perspective of the comprehensive layout of the market, bitcoin will continue to be strong, Eth and defi will be linked, one rise will rise; Boca plate continues to be hot, there are changes in platform currency, you can pay attention to it; The central platform is stronger, while the decentralized platform is still the end of attention, and there may be linkage. The hot spot of the market is too fast, we must pay attention to the trend of the leading currency, so as to determine the focus of investment in the next stage
Bitcoin has been making a lot of noise now. It seems that everyone has become an expert of bitcoin for a while, so the price of bitcoin has come to 31000 US dollars. Whether or not to invest in bitcoin now is whether the price of bitcoin will continue to rise in the future, which is a topic that many people are concerned about, So today I'd like to share with you some of my views on bitcoin, so that you can understand what is behind bitcoin
there are also many people who choose to invest in bitcoin, but I can't stop them. Although the price of bitcoin is high, we also need to know the proportion of our own investment. As an investor, if we can't understand the risks and the benefits behind it, we should not make this investment. Bitcoin is a strange field for many people, so I hope you don't listen to other people's rumors and enter the bitcoin market blankly. Although bitcoin is constantly appreciating, it's not something we can earn
Doggie money is soaring, and the price of this kind of virtual currency is rising rapidly. Is this a new way of investment? I think people should consider the risk, profitability and liquidity when choosing the way of investment. However, it is obvious that these virtual currencies can not be considered from these three aspects, because it is too unstable. It seems that the development of virtual currency is very fast now. Whether it's bitcoin, dogcoin or other Ethereum, these virtual currencies are developing very fast. But now, because many countries in the world are more than 98%, there are no hard and fast regulations on these virtual currencies, because we didn't notice this before, I think it's just an online thing. It doesn't have a large scale of investment and the price is not expensive. But now some major countries in the world have noticed the corresponding financial risks brought by the rapid rise of virtual currency
the virtual currency represented by bitcoin has entered the winter completely. Crazy speculation is really difficult to maintain, people also began to become more rational, the price of virtual currency tends to be more stable. At present, the major financing in the virtual currency instry mostly focuses on the development of basic applications and the use of blockchain technology. People in the currency circle are becoming more pragmatic, and the hype has graally subsided. Some people even attribute the decline of currency price to the serious lag of application. In such a big environment, mining companies represented by 21 company began to proce mining computers for consumer goods. Domestic teacher Shaqian proposed the concept of coin business circle and put forward more application scenarios. The born Fuyuan coin mainly focused on business points of jewelry instry, and Dog Coin paid more attention to small reward and charitable donation
Two of the world's largest trading groups plan to launch bitcoin futures trading this year, and at least two trading companies have indicated their willingness to provide liquidity for the market. According to the latest data of bitstamp, bitcoin has risen to a record high of $6450
virtu, a high-frequency trader, has met with the proct development team of the Chicago Mercantile Exchange to offer liquidity. Cumberland, a subsidiary of DRW, a bitcoin mining company, also offered liquidity
"This is a very interesting development for bitcoin, because it accelerates the integration of traditional financial companies into bitcoin," said Bobby CHO, head of OTC trading in Cumberland. Many traditional financial companies have been linked to exchanges like the Chicago Mercantile Exchange, and now they have found new connections. New activities in the market will provide investors with new choices. Cumberland will be involved. "for bitcoin, our impression may be that bitcoin is a virtual digital currency in the sense that it can not be affected by other macroeconomic regulation and control in the current economic market compared with the current state of the special currency, it is also under very high pressure. For this matter, we all think it is very good. At the same time, for the price of bitcoin, it has also broken through a very high level. And the most important reason is that its institutional demand has increased accordingly{ RRRRR}
that is to say, the overall impact on people is really good, so we can all imagine the result. In the face of the current overall situation, we should make a corresponding understanding< that is to say, for bitcoin itself, we should pay attention to it in a timely manner, which is a very good way to deal with it strong>