Can bitcoin invest in 2017
Last night's bitcoin was destined to be recorded in history
at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell rapidly from $9700 to a low of $7998. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months
The sharp drop in the price of the currency has brought about a terrible situation in the contract market, which was full of blood last nightaccording to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added
"bitcoin crash" also appeared on the microblog hot search list again two months later
it is worth noting that a few days ago, there was news in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency. He said the goal of digital currency and electronic payment in the future is to replace part of cash
bitcoin plummeted by more than 15% in 100 minutes
below US $8000
last night, the collapse of bitcoin shocked investors again
at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell to a low of $7998, down more than 15%. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months
"in terms of bitcoin, this is quite a rare event," said Qiao Wang, proct director of messari, a New York based cryptocurrency centric data and research company
so far, bitcoin has plummeted nearly 35% from the highest point of US $13355 in the year
this means that bitcoin's bull market in 2019 is in trouble
since September 2, BTC has started to collapse from a bearish downward triangle, which has been noticed by most people in the cryptocurrency twitter community
some market participants said that the decline of bitcoin was partly e to technical factors. They pointed out that the digital currency has been falling in a triangle, which is a bearish signal
ZBG CMO Lizzie of the Hong Kong digital currency exchange
Lo told the fund that a series of expectations have been digested, including the expected baktt exchange online, but the trading is flat. In addition, the institutions will make corresponding strategic adjustments,
several major institutions short bitcoin
as of the press release, the price of bitcoin was $8651.53, down 11.08% in the past 24 hours
and the coin circle is also full of sorrow: EOS, Ethereum, etc. all fell by more than 10%
however, Lizzie Lo said that after a round of slump,
it noticed that usdt, a stable currency, had a large premium as a ticket for investment in the currency circle, which meant that there was a lot of money on the sidelines. In the medium and long term, it believes in the consensus of bitcoin, and the downward adjustment only gives opportunities for traditional funds that had not entered the market
investors were awakened by qiangping's SMS in the middle of the night
the overall collapse of the currency circle has brought about a miserable contract market, which was full of blood last night
according to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added. Among them, bitcoin added 6.34 million burst warehouse receipts, about 72000
BTC; EOS added 9.79 million explosive warehouse receipts, about 36.07 million EOS; Ethereum added 10.5 million explosive warehouse receipts, about 652000 eth
some bitcoin investors said that they woke up in the middle of the night last night, received a burst SMS, and then couldn't sleep any more...
the long short ratio ranged from 2:1 to 1:1
however, there were also those who made a lot of money by shorting:
according to the triple BTC short index of ZBG platform, the short profit reached its peak at 3:30 on September 25. So far, the short index has grown by 33.5% in 24 hours
Lizzie Lo points out that at 3:30 a.m., the triple shorting index reaches its peak, which means that the most people are short at that time
under the crazy counterattack of bears, the market long short ratio was slaughtered from 2:1 to 1:1
in addition, as investors sought to close their positions in the crazy sell-off, they withdrew from the market of $30 billion within 24 hours About 213.3 billion yuan)
Yi Gang: at present, there is no timetable for its launch. The goal is to replace part of M0. It is worth noting that recently, it was reported in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency Yi Gang said:I would like to say a few points about digital currency. First, the people's Bank of China has been studying digital currency since 2014. We have a digital currency Research Institute and a special team, and we have made positive progress. We combine the central bank's digital currency and electronic payment tools, so it is called a package of digital currency and electronic payment
Second, what are the goals of digital money and electronic payment in the future? The goal is to replace a part of M0, that is, to replace a part of cash. It does not mean to replace M1 or m2 Third, the future framework of our digital currency is a two-tier operation system of the central bank and commercial banks, which will not change the current money supply path and system, so as to fully mobilize the enthusiasm of the marketFourth, we will adhere to the centralized management, do not presuppose the technical route in the research and development work, we can choose the best in the market through fair competition, we can consider the blockchain technology, we can also adopt the new technology evolved from the existing electronic payment, fully mobilize the enthusiasm and creativity of the market, we have also set up a mechanism compatible with the incentive mechanism of market institutions. As for when you ask, we don't have a timetable. I think there will be a series of research, testing, pilot, assessment and risk prevention. Especially if digital currency is used across borders, there will be a series of regulatory requirements such as anti money laundering, anti terrorist financing, anti tax haven and "know your customer"
- for more data, please refer to the in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute
Let me tell you the answer first: No
or don't invest all of bitcoin. Let me give you a brief analysis
first of all, let's talk about 100000 yuan. If the 100000 yuan is a windfall, we suggest that you allin invest in bitcoin, which may be several times more when you take it out at the end of this year. There will be another windfall
if the 100000 yuan is a year-end bonus, you can consider investing half of it in blockchain and bitcoin
if the 100000 yuan deposit is your hard-earned money, you must be cautious in your investment, so first of all, you are not recommended to invest in blockchain
in fact, your question tells me two basic facts: 1. You are Xiao of blockchain / currency circle; 2. You have a little deposit and want to manage money, or you need to make some money
so from my point of view, I don't recommend you to buy bitcoin or make any other blockchain investment, because there is a saying that a person can't make money beyond his cognition, and the blockchain world is beyond your cognition for you, and the coin circle is basically an extension or part of the financial system. And the financial system is the most cruel and ruthless world. When you want to make money, you should also think that there are hundreds of thousands of people, millions of people who have the same ideas as you, so as to drive them into this bloody and merciless market. So you ask yourself, can you make sure you make money
first pour a basin of cold water on you, and then answer your questions seriously. Let's take a look at the historical trend of bitcoin
I feel optimistic that the recovery may come slowly, the Federal Reserve's move may be the beginning of financial release, and the capital market may recover slowly. As a small part of the financial market, the blockchain world may also recover
from the perspective of investment, bitcoin in the blockchain world is not only the genesis currency, but also the mainstream currency that accounts for the vast majority of the total market value at present. Therefore, if you really want to invest in the blockchain world, bitcoin is the best choice
however, please note that from the perspective of professional investment advice, risks should always be shared. Exclusive bitcoin will be taken off by a currency, and it will also fall miserably. So please consider holding other mainstream currencies, such as BoChang coin, which is known as "the last good heart of the blockchain", which is also the most powerful counter trend growth currency in the bear market of the currency circle. For a long time, when the mother of other currencies, including bitcoin, didn't know each other, BoChang was the only currency that was growing slightly, which was a miracle
another example is Ethereum. Although Ethereum's hard fork has been delayed for a long time, the arrival of Constantinople's hard fork upgrade will make Ethereum the most eye-catching star in a short time. At this time, the investment can be regarded as low-level market entry, and you can make a profit by waiting for high-level investment
finally, back to my answer, if you don't even know wave field, bitcoin, Constantinople hard fork and other words, how can you determine whether you can make a sum of money in the world of currency. So this in itself is a very high risk thing
a strange capital market will swallow up all your savings. Although some people get rich overnight, they are a few people after all. If you are sure to invest in the blockchain world, bitcoin can be invested. However, from the perspective of risk sharing, please buy some other mainstream currencies to minimize the risk. Finally, I wish you a happy investment and a big fortune in the year of the pig. Please be cautious in your investment
is to read more about the various currencies or project's white paper. I pay attention to my WeChat official account: "Nanjing block chain" can get thousands of white papers free of charge, so that you will have a better understanding of the chain world. p>
2. The underlying cryptographic algorithm may be broken. The hash function selected by bitcoin has collision resistance (if two values cannot be found, X and y, X is not equal to y, and H (x) = H (y), it is said that the hash function h has collision resistance). However, although the probability is extremely low, it does not mean that there is no collision. No hash function in the world has real anti-collision characteristics. Once the hash function is broken, it means that the security of bitcoin will be fundamentally threatened. By then, bitcoin may be worthless. In fact, this worry alone will affect people's confidence in bitcoin. And the underlying protocol update involved in repairing this problem will bring about the bifurcations of bitcoin blockchain
3. Competition of virtual currency. In view of the defects of the underlying protocol of bitcoin, some organizations have made targeted modifications, and thus launched a competitive currency, with the name of litecoin (LTC, currency symbol: & # 321;) As a typical representative, trading activity has always been the runner up of virtual currency, and mainstream bitcoin exchanges such as domestic fire coin network and okcoin bank also support lightcoin trading. In addition, there are a large number of counterfeit coins, which come directly from the underlying protocol of bitcoin. As a single bitcoin is close to the high level of RMB 20000, many virtual currency investors choose to invest in competitive currencies and get on the bus first.
speculative demand is the internal reason leading the soaring price of bitcoin, including disguised exchange, ICO financing and other trading activities. Compared with developed countries such as the US, the relatively loose regulation of special currencies is an important external factor for the continued expansion of asset bubbles in bitcoin. By comparing the four characteristics of real currency, it is found that bitcoin is not as good as gold and other real currencies in terms of universal acceptance and value stability, but it can meet the requirements of uniform divisibility of value, and has incomparable advantages in portability and portability. The biggest obstacle for bitcoin to replace credit currency is decentralization. Bitcoin without credit base can not perform the function of currency well. Using bitcoin technology for reference, the primary starting point of the research and development of central bank digital currency is to supplement and replace the traditional physical currency
while recognizing the technological innovation of bitcoin, we should pay attention to the risks caused by its own operation mechanism. For new things, we should observe and learn from them, and guard against risks. In order to ensure the capital security of Chinese investors and maintain the stability of the financial market, the government's supervision on the trading activities of bitcoin is graally stricter, and it is expected that the development of private cryptocurrency will be limited. At the same time, the research and development of digital currency by the Central Bank of China is in the forefront of the world. Bitcoin and other virtual currencies have been incorporated into their own regulatory systems. While recognizing the risks of virtual currencies, we can not deny the innovation and development potential of blockchain technology. The research and development of the central bank's digital currency conforms to the development needs of the times, takes the national credit as the guarantee, adheres to the principle of centralized management, and maintains the national monetary sovereignty while providing efficient services.
bitcoin is a revolutionary proct with unique significance. Its emergence is like the birth of Internet, a network without central server, in the vigorous movement of Ethernet. Bitcoin is to play down the role of the National Central Bank, that is, to eliminate the exchange rate between countries. Money is only related to the needs of market circulation. Bitcoin was born in the United States, so its real value should be comparable to the US dollar, that is, US $0.1 to US $10
but now bitcoin has not entered the circulation field. On the contrary, it has been wildly hyped. The latest one is about US $10500, which runs counter to its original intention at the beginning of its birth. The central banks of the world's major countries do not support bitcoin, especially our central bank firmly opposes it. So now entering is speculation, speculation is gambling it can still rise, bubble will not immediately break.
financial link is a "financial supermarket" in wechat, in which there are insurance, funds and other financial procts,
it can be operated through wechat mobile phone, which is simple, similar to the bank's current deposit
but higher than the bank's current deposit interest rate, and can be withdrawn at any time.