BTC epidemic rises

1.

The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks

the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system

unlike 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 uses the design of cryptography to ensure the security of all aspects of currency circulation

e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes

2.

As for bitcoin's sharp rise and breaking the $48000 mark, I believe no one will expect that. What are the reasons for bitcoin's sharp rise? Will bitcoin continue to soar in the future? With these questions, let's analyze this problem. Here are my personal thoughts and opinions, for your reference and discussion only

problem analysis

the above has explained various factors of bitcoin soaring, but none of these factors is under our personal control, and when you invest, you can't guarantee that you can bear the loss, so when you choose to invest in bitcoin, you are doomed to pay for your decision, The world is so big and there are so many procts to invest in. Why choose bitcoin with such high risk? The above is my personal views and ideas, for reference only

3. It seems that the bull market has come. In the past, the stock market of Yaoke securities rose sharply. However, from the perspective of time, it seems that there is not enough time. There are only five years from 2015 to now. The five-year bull market of China's stock market is definitely not good.

4. In the last rising cycle, BTC usually experienced multiple 30% + correction, and the average increase after each correction was 153%. That is to say, if you can buy accurately at every low point, you can get an average return of 150%
since then, the pie has risen to US $14000 for more than a month. Today, it has been nearly two months since this high point. At present, the range of shock is almost a 30% callback
so, according to the historical situation, we are likely to experience another 150% rise this year? And if it can be realized in the next few months, it also means that the bear market is really far away from us:
however, it should be noted that the above is based on the rising cycle in history, and now, logically speaking, we can't be 100% sure that we must be in a rising cycle now. If we choose this chart today, we also want to remind the players who are looking at the general trend, Or we should be cautious to do some catch-up and sell down, or wait for a "bottom hunting" point, because it is possible to miss one or two times the income of ten or twenty points
time really flies. It is expected that bitcoin will rise to US $15000 by the end of the year

5. Bitcoin, as the representative of digital currency, must be fire. I've been using bitcoin in Matcha MXC. I'm optimistic about it. I'm glad you've always adopted my answer and hope to help you

6. As far as I know, Ruitai coin belongs to crowdfunding. Bitcoin, gold card and Raleigh coin are mine diggers. Want to know more details can go to leile help center to see, where there is a detailed introction.

7. Supply and demand
when compared with other virtual currencies, bitcoin always mentions "21 million fixed output". In the early years, bitcoin had not been exposed to investors in a large area. It proced a lot and g a lot, but there was no demand. But now purchase bitcoin, the price is expensive, the output is small, the demand is big
we believe that when there is an imbalance between supply and demand, the price of goods will be affected. Influenced by the policy, many bitcoin holders are now keeping a wait-and-see attitude. The decrease of bitcoin in circulation in the market and the increasing demand for bitcoin in the market are bound to push the price up, but in fact, it will not be the investment speculators who come into the market at this high level who will benefit in the end
popularization of regional chain
the report released by professional institutions mentioned the problem of regional chain technology. The report shows that by 2027, the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars. And the regional chain as an infrastructure development, will be applied to more and more scenarios
at that time, whether the popularity of regional chain will raise the price of bitcoin is also full of uncertainty
investor confidence remains unchanged
although many institutions and financial giants are short of bitcoin, investors are still confident in the future value of bitcoin. After all, in history, is there any trading proct that can soar 7.54 million times in eight years
professional agency analysts said that 10 years ago, the impact of the financial crisis had so far failed to get rid of the shadow of many countries, and the share price bubble continued to expand. Investors would worry whether the original financial system would collapse again. Bitcoin, which has a strong performance, will attract more investors with capital inflows, thus driving up prices. In a way, bitcoin is already a safe haven
although the trading of bitcoin was suspended by China in September 2017, bitcoin surged by more than 233% after de Sinicization< In November 2017, bitcoin began to hard bifurcate, that is to say, dividing the regional chain into two, which is equivalent to doubling the issue of bitcoin, which means that the value of bitcoin will be diluted. Affected by the impending start of hard bifurcations, bitcoin started on November 9, 2017 and has been in a state of decline for four days
the suspension of the 2x fork originally scheled for November 16, 2017 has eased the anxiety of the whole bitcoin instry chain over capacity expansion, and the market is a little relieved of the possible collapse crisis caused by the fork
bubble greater risk
many investors have seen the bitcoin appreciation and profit margins after they have entered the bitcoin trading market. However, the current domestic large-scale bitcoin trading platform has been completely closed, and the regulatory level has not relaxed the entry of bitcoin into the domestic market
bitcoin, as a speculative commodity, has great bubbles and unknown risks. We tend to ignore the risk, and it is often the risk that damages the funds in our pockets. When participating in a high-risk market, we must reasonably allocate personal assets, such as the allocation of stable financial procts such as stable profit selection investment plan. We must not use all our wealth to allocate high-risk investment procts
in a word, bitcoin has risen dramatically in recent years. It's hard to avoid some words like "you are the richest man in China now if you bought bitcoin eight years ago". But eight years ago, you didn't know that bitcoin could be as brilliant as it is today. You might as well change your vision and look for the next "bitcoin"
the above is the reason why bitcoin's price rises. As much profit as possible, there is as much risk. Although bitcoin has been rising in price, no one is sure in the future. If we must invest in digital currency, we must first control its risks.

8. In fact, there are many factors for the rise of bitcoin price.

9. What is bitcoin< p> bitcoin is a digital currency with a total amount of 21 million , which has the characteristics of decentralization, globalization and anonymity, just like the Internet

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