BTC Ma Yun
if the cryptocurrency exchange is the largest bitcoin warehouse, people may not be surprised. 6.7% (about $9.8 billion) of bitcoin currently in circulation are held by cryptocurrency exchanges however, more interestingly, despite the long bear market, the bitcoin reserves of these exchanges have been increasing no matter "up or down"
in the past two years, BTC inventories of eight exchanges including Kraken, bitstamp and binance have increased steadily. This is in sharp contrast to the volatility bitcoin has experienced since March 2017. These largest bitcoin holders continue to have confidence in the cryptocurrency market and continue to increase their share regardless of market conditions
if you imagine yourself as a big fish in an infill pond, it may become easier in the future. As bitco reported a few weeks ago, the number of BTCs you need to be a whale may change over time. If you believe in some theories, holding a bitcoin may give you enough power to influence the market
although others disagree, they point out that one of the 21 million bitcoins is very "insignificant". So no matter what the situation is, no matter how many bitcoins you have, keep a positive attitude
reference link: http://wuhan.pbc.gov.cn/wuhan/2929354/3393665/index.html
Bitcoin is a kind of virtual encrypted digital currency in the form of P2P. Different from all 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 the use of cryptography design to ensure the security of all aspects of money circulation. However, on September 4, 2017, the central bank and other seven ministries and commissions announced that virtual currency trading is prohibited in China, and bitcoin is prohibited from circulating in China
according to the first article of the notice on preventing the financing risks of token issuance, we should accurately understand the essential attributes of token issuance financing activities. Token issuance financing refers to the illegal sale and circulation of tokens by the financing subject to raise the so-called virtual currency such as bitcoin and ether coin from investors. In essence, it is an unauthorized illegal public financing behavior, which is suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities
Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs. The token or "virtual currency" used in token issuance financing is not issued by the monetary authority, does not have such monetary attributes as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the market
extended information:
Article 3 of the announcement on preventing the financing risk of token issuance strengthens the management of token financing trading platform. From the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", nor buy or sell token or "virtual currency" as a central counterpart, nor provide pricing, information intermediary and other services for token or "virtual currency"
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
Article 4 financial institutions and non bank payment institutions shall not carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
Ma Yun said, "I'm not very interested in bitcoin. What I want to know is what can bitcoin bring to the society? But then again, I think bitcoin technology is very powerful, so in Alibaba, Alipay, we are trying to make sure that we will push the world into a cashless society. "
Ma Yun also added that we should be very careful with bitcoin. I don't know much about bitcoin, and I'm always curious. You are bitcoin lovers. I don't think bitcoin is indispensable. "
as for DGC, it's better to stay away from it. It may be a pyramid scheme. It's suggested to pay attention to reliable digital currencies such as bitcoin, bitcoin cash and wikilink.
In the age of network information, the speed of "making rich" in China is very fast. In just 20 years, Alibaba, Tencent, Jingdong and other Internet enterprises have given birth to dozens or even hundreds of billionaires. However, this kind of "making rich" is not a real myth. I believe most people have heard of bitcoin. As far as I know, at the beginning of the release of bitcoin in 2009, one dollar was equivalent to 1300 bitcoins, which is a very cheap virtual currency
entrepreneurs like Li Xiaolai, who make money and do not forget to repay the society and set up ecation, are indeed worthy of respect. And his success is by no means accidental. If he doesn't have a smart mind, he can't grasp the opportunity to start a business and get rich, isn't he
Bitcoin's 180000 people burst, but musk made a lot of money, making 7 billion. Why? Because the investment time is different, think about why bitcoin's popularity has obviously dropped, or even dropped to less than $40000, but it has suddenly risen again{ RRRRR}
that is to say, you can't predict what will happen in the future. You have to be brave to invest in musk. Before investing in bitcoin, the popularity of musk was limited, but after it was invested, many large institutional investors followed suit. When the supply exceeded the demand, the price of bitcoin naturally rose, so it's up to such a level now, but if you buy it, it's not sure whether it can continue to rise in the future
if you want to invest, you'd better invest in valuable blockchain projects. Bitcoin, the mainstream currencies, has risen a lot recently. It may be too late to start now. You can take a look at the SEC social e-commerce chain, which is a public blockchain project based on trust relationship to promote the socialization and decentralization of e-commerce, The purpose of this paper is to solve the problem of trust transfer mechanism between people about specific goods. I think there is a great opportunity for landing. Once landing, the value will be reflected in the currency price. I bought some and intend to hold them for a long time.