BTC trend

1.

In terms of technological innovation, people who know blockchain are very supportive; About the future trend of bitcoin, as the earliest blockchain proct, it has been basically in the market. As for how big a pie there will be in the future, you can see my share

[John McPhee, the head of IBM and the board of directors of PayPal all predict that bitcoin will reach $1 million]

in recent days, the market has slowed down temporarily. However, this has not deterred investors. As previously reported, although some bearish pressure is forming, bulls have responded well and kept prices stable

since bitcoin failed to break through $5450, bitcoin bulls have kept the price above $5000. Recently, after a stable weekend, there was almost no report on the price trend, and the market rose appropriately. Now all attention is turning to $5200 as the next key target, and finally retesting the resistance level of $5450

as of April 15, the marginal revenue of bitcoin was less than 2%, and the transaction price was $5160. Earlier in the day, it had risen to a high of $5193, but failed to reach the target of $5200

Then bitcoin fell back to US $5157. The high degree of stability and flexibility that bulls maintain and push prices up shows how strong the current bull market is. As long as bitcoin can remain above $5000 and avoid a sharp correction, the bullish trend will continue to get more support and push prices higher

the price of bitcoin (BTC) will reach $1 million

a few weeks after PayPal first invested in blockchain technology, its latest board of directors made a bold price forecast for bitcoin. Wences Casares, a member of PayPal's board, said bitcoin could reach $1 million in the next 10 years. IBM blockchain & amp; Jesse Lund and John McAfee, directors of digital currency, have also made such predictions, which many believe are overconfident

in my (subjective) opinion, the chance of success is at least 50%. If bitcoin really succeeds, a bitcoin could be worth more than $1 million in seven to 10 years

the growth of bitcoin has driven Shanzhai coin

with the rise of bitcoin, most Shanzhai coins are also rising. Although the income is relatively low, most Shanzhai coins have about 1% to 4% income, but this growth is likely to continue

before the deadline, lightcoin's LTC was one of the best performing currencies. In the past few weeks, the performance of this coin has been extraordinary, which seems to determine the price trend of Shanzhai coin again

XRP and eth are also on the rise, but the marginal returns are 0.30% and 1.26% respectively. XRP's short-term goal is to return above $0.33, and its long-term goal is above $0.4. On the other hand, ETH hopes to climb back to more than $170, becoming its next target, and its preferred position is more than $190

2. Bitcoin:
blockchain is the underlying system of distributed ledger in bitcoin. Bitcoin ledgers are built in a distributed and spontaneous way. Anyone can generate new currency blocks by performing specific cryptographic calculations, so as to obtain a digital "currency" that can be used for transactions. Bitcoin's impact on the world monetary system can be said to be subversive, which is also an important reason why it has attracted a lot of people's strong attention since it came out. After that, there were dozens of similar electronic currencies such as
"lightcoin". The abstract extraction of distributed digital currency technology from bitcoin forms a "blockchain" technology, which can be used in more fields
bitcoin and other virtual digital currencies are only an application scenario of blockchain technology. Theoretically speaking, based on the characteristics of blockchain technology, human beings can create a very rich form of services and procts. There are a large number of scenarios in finance, government, enterprises, cross instry and other fields, which are suitable for blockchain technology and have broad prospects. At present, many countries around the world have started the research of blockchain technology, and a series of instry organizations and alliances have been established. However, as blockchain technology is a brand-new technology, which subverts the traditional centralized mode, major institutions are still in the research stage, with only a small number of actual projects landing, and the great development of the instry has just begun
now, blockchain economy is on the eve of outbreak. The exploration of financial instry is ahead of others, while the application of other instries is developing rapidly. The obvious advantage of blockchain instry application is to optimize business process, rece operation cost and improve collaborative efficiency. This advantage has been graally reflected in financial services, Internet of things, public services, social welfare and supply chain management
as the backbone of emerging technologies, blockchain is not only used in the field of virtual currency, but also in other fields such as finance, medical care, intellectual property certification, etc. a large number of excellent enterprises have emerged in China to explore or enter the blockchain instry. According to the in-depth analysis report on business model innovation and investment opportunities of blockchain instry released by foresight Instry Research Institute, as of the end of 2016, there were 105 blockchain related enterprises in China, 80% of which were concentrated in eastern coastal cities, including Shanghai, Hangzhou and Taipei
trustworthiness is the core requirement of blockchain, and the importance of standards and specifications is becoming increasingly prominent
in the future value delivery network based on blockchain, we will completely use algorithms and software to build the trust foundation. However, we believe that this is far from enough, and we need the standard to increase the credibility of the blockchain. In the future, the standard of blockchain will standardize the technology and governance of blockchain from the perspective of users, business oriented, and from the dimensions of smart contract, consensus mechanism, private key security, and authority management, so as to enhance the credibility of blockchain and add weight to the trust of blockchain.

3. At present, bitcoin is in a state of shock and sideways. Recently, bitcoin has rebounded slightly. I will go to Matcha MXC later and sell a few bitcoins that I bought in the last few days.

4. In a few decades, if quantum computers become popular, bitcoin will lose its value. Because quantum computers are too fast in some algorithms, traditional computer cryptography will be challenged (bank passwords, blockchain currencies...). It takes tens of thousands of years for traditional computers to crack bank codes, while quantum computers only take one second, Bitcoin is nothing more than that.

5.

Bitcoin price trend can be understood by looking at the trend chart. First of all, in the long run, bitcoin is at the bottom stage after the decline

from the perspective of investment opportunities, it is a good opportunity to start buying money and then collecting money. Of course, this premise is to be able to stand loneliness and stand the test of time. Tun coin is based on the year

from the perspective of band speculation. There has been a wave of market recently, but it only lasted about a week. Now that the investment window has been missed, the next investment window is expected to drop to $3500 or rise to about $4000 in bitcoin. When the investment window arrives, I (WAN Yuanfu) usually publish it in the group for the first time. Do band also need to have certain technology, this will take time to slowly improve and perception

6. Bitcoin price trend refers to the law and trend of bitcoin price change. And the price trend is also convenient for investors to make better judgments to trade.

7. Since the issue price of bitcoin was 0.008 cents in 2009, the highest price of bitcoin has risen to 1280 US dollars (equivalent to more than 8000 RMB). Now the price has been maintained at 2000-3000 RMB. Because the mining time has been very long, and now the price has been in a declining stage, so bitcoin is no longer a first chance. Khan is the successor of bitcoin The third generation of digital cryptocurrency, the current Khan currency, is equivalent to the bitcoin of 2009. Its price is very low, and it has only entered China for nearly two months

8. The head of a cryptocurrency Investment Fund said that they found that some hedge funds and family offices that had bought up bitcoin before were turning to selling bitcoin to lock in profits.

9. The price of bitcoin fell below the lowest level since February
after two consecutive days of plummeting, according to the data of the "in-depth analysis report on business model innovation and investment opportunities of blockchain instry" released by foresight Instry Research Institute, on June 13, Beijing time, the price of bitcoin fell below $6500, the lowest level since February this year. Bitcoin used to cost $6463. Since the beginning of this year, cryptocurrency has faced more and more resistance. Bitcoin, which has the largest total market value, has been fluctuating since it reached a record high (nearly US $20000) in December last year, with a cumulative decline of about 50% this year
from the United States, South Korea, Japan and other governments' supervision of cryptocurrency to the prohibition of cryptocurrency trading by visa, Bank of America and other large financial institutions, and to the prohibition of cryptocurrency advertising by internet giants such as Facebook, Google and twitter, the price of bitcoin has been aggravated by the recent multiple bad news
several exchanges were stolen
on June 10, coinrail, the cryptocurrency exchange of South Korea, was attacked by hackers, and more than US $40 million of unknown cryptocurrencies such as pundi
x were stolen. Subsequently, the prices of bitcoin, Ethereum, reborn and lightcoin all dropped more than 10% in one day
on June 29, 2017, bithumb, the largest bitcoin exchange in South Korea and the top five in the world, was found to have been hacked, and more than 30000 customers' personal information was stolen. According to the market value at that time, the loss amounted to 7.6 billion won
on January 26, coincheck, the largest trading volume exchange in Japan, suspended the trading of all cryptocurrencies except bitcoin. The trigger was that hackers attacked 260000 users and stole NEM, a new digital token, with a loss value of about US $530 million
bitcoin is likely to graally lose its loyal fans
bitcoin is now a widely recognized financial asset in the financial market, and many factors will lead to its price fluctuations, such as the expectation of the Federal Reserve to raise interest rates. At present, this round of price adjustment is still in progress since the beginning of the year. After all, in 2017, the price of bitcoin soared more than 20 times
bitcoin has been sold. From December 2017 to April 2018, bitcoin worth 30 billion US dollars has been sold. According to chainalysis, bitcoin's market liquidity has increased by nearly 60% in recent months. Bitcoin is likely to be losing its fans
the initial growth of bitcoin does rely on loyal fans. In recent years, the demand for investment has increased. However, bitcoin is still an asset with strong consensus foundation in the blockchain field, and long-term holders may waver. However, when they find that other cryptocurrencies are more risky, bitcoin may return to the vision of investors
since the beginning of the year, the price of bitcoin has been in a bear market cycle. At present, the bear market is still going on, and the periodic rebound will be obvious, but the overall situation is still in a weak adjustment. The probability of further weakening is relatively large, but the space will be relatively small.