The future of bitcoin in 2017
the more promising digital currencies are bitcoin, Ruitai, Laite, vitality, Ethereum and so on.
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.
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
Peter boockvar, chief investment officer of bleakey Consulting Group. I won't be surprised if the price of bitcoin drops to $1000 to $3000 in the next year, because bitcoin is not really relevant in this $19 trillion economy. Any commodity with a parabolic rise in price will usually fall back to the starting point< However, I'm not sure whether bitcoin will slow down or plummet suddenly
the implementation of loose monetary policy by central banks such as the Federal Reserve is the main reason for people's enthusiasm for virtual money. As interest rates graally return to the right track, virtual money will collapse. Once there is a crack in the virtual currency market, investors' attitude towards high-risk assets will also change, and the stock market may be injured. All this depends on the market psychology and has nothing to do with the economic fundamentals. "
Emma, the first one is scared to pee, so hurry to add a BTC
Soros
"as a currency, it should have a stable value storage function. The fluctuation of bitcoin in a day can be as high as 25%, which means that it is not feasible to pay wages with bitcoin
compared with the rapid collapse, the price of bitcoin may remain at a flat high. The reason why the outcome of bitcoin may be different is that some people, such as dictators, want to store wealth overseas through bitcoin
, however, can not change the nature of bitcoin as a typical bubble. It is based on misunderstanding as well as tulip fever. p> It seems that BTC is not reliable. But an alligator is an alligator. There's something in it, but it's not clear. I have an epiphany. You can do it yourself
Robert Shiller, Nobel Laureate in economics and professor of economics at Yale University, reminds me of the tulip craze that took place in the Netherlands in the 1640's. basically, bitcoin has no value unless some market participants believe it is valuable. In contrast, gold has some uses even if it is not used as an investment commodityup to now, people still pay for tulips, and sometimes the price is even quite high. In contrast, bitcoin is afraid to collapse completely and then be forgotten by the public. However, bitcoin may still exist for a long time, or even last for 100 years "
I don't understand, thank you
"Bitcoin and blockchain attract people's attention because they think it's an 'interesting experiment'". If it succeeds, it may change the world more than the Internethowever, it is also possible to fail, and the probability of failure is at least 20%. It is suggested that the amount of cryptocurrency held should be controlled within the range of bearable loss
the main reason for bitcoin's failure is that people put too much money into bitcoin and can't afford to lose money. "
raise so much money from all over the world just for an interesting experiment? Give me 0.005 BTC
dailyfx, a professional financial media of Fuhui group, said: "as the price of bitcoin failed to rebound to its historical peak in December, the price continued to fall. But objectively speaking, although the price of bitcoin fluctuates greatly, it will not fall by 50%. On the disk, the price has obvious support at the 11750 / 160 level, and the price rebounds above or after touching the support level; If the price falls below this point, it may continue to fall later
the price of Ethereum may break through the current slope area, but it will reach 1380 in the short term from the low point of 500 in December, or it will show that the bull rally is almost exhausted. Therefore, if the price does not fall in the later period, it will be more likely to consolidate. At present, the first support is at 863. If the price is still up, it will be a good opportunity for bulls to make another correction
in the later period, Ruibo currency may be in the trend of high consolidation or downward correction. As the price fell below the support level of 2.1577 yesterday, it continued to fall. In view of the sharp rise in prices last month, it is still unclear which point the current price will stabilize after falling or hitting. Therefore, it is still necessary to be cautious about the trading of Ruibo currency. "
The stock review has been changed to currency review. Brother, I recommend a coin circle of Guizhou Maotai Dennis gartman, founder of the "king of commodities" gartman news agency, said: "nothing can change my skepticism about bitcoin. Bitcoin will bring disaster to all those involved. At the same time, once this happens, investors will rush to the gold market. There is no doubt that bitcoin will fall below $5000. " It seems that it is necessary to collect some gold2. Good prediction
cesares, member of PayPal's board of directors
"the probability of successful bitcoin and blockchain experiments is more than 50%. But instry participants must be patient, because it will take another five to 10 years to achieve solid success
if the experiment is successful, the world will be very different. By then, the value of a bitcoin will reach one million dollars. Therefore, most people in the world will want to buy bitcoin in the price range of $14000 or $20000. "
previously, it was said that the probability of failure is at least 20%. Now it is said that the probability of success is more than 50%. You have all the good words and bad words. Do you owe a BTC
analyst van Petersen of Shengbao bank
"the price of bitcoin is likely to reach $50000 to $100000 in 2018. Digital currencies other than bitcoin will also soar
first of all, you may think that the price of bitcoin has been properly adjusted. After all, it has dropped by 50%, which is healthy. But we haven't seen the full effect of futures contracts
this year, Ethernet may surpass bitcoin, and it will appear later than bitcoin, but it has a more unified leadership position than bitcoin. "
He was right about this guy last time. When the transaction price of bitcoin was below $900 in December 2016, he predicted that bitcoin would reach $2000 in 2017. As a result, bitcoin exceeded $2000 in May 2017. However, it is predicted that eth will surpass BTC. Well, it's not impossible for the second child to seek power to usurp the throne and kill the first child. It's just difficultMichael Graham, analyst at canaccord genuity, an investment company, said, "one of our themes is that more institutions will enter the cryptocurrency market in 2018. The number of institutional investment procts related to bitcoin is increasing. Regulators will approve a bitcoin Trading Fund in the second half of this year or early 2019
I confirm that this year, the public will see IPOs from some encryption companies and more widely from blockchain companies. "
it's better for me to break the news! CBOE applied for six cryptocurrency ETFs at the end of 2017 and may go online in 2018. What the hell is this? That is to say, it increases the opportunity for institutional investors to have close contact with cryptocurrency and opens channels for professional speculators
Tom Lee, co-founder of fundstrat and super bull of bitcoin, predicts that the bottom of bitcoin will be about $9000. If it falls to this position, we will buy strongly, and $9000 is the best time to enter this yearit is estimated that bitcoin will rise to US $25000 by the end of the year and US $125000 by 2022
bitcoin has experienced many ups and downs, but it always stands back to the previous high point, and the low point becomes a good opportunity to buy
since the middle of 2016, bitcoin has risen more than 75% for five times and plummeted more than 25% for six times. Similar ups and downs in the stock market will take several years, but the virtual currency world can do it in a few months
also optimistic about three kinds of virtual currency. The first is eth, which has the function of smart contract and has a bright future. It is estimated that eth will rise from the current US $1000 to US $1900 at the end of this year. The second is etc, a virtual hybrid of bitcoin and Ethernet, which will rise from the current $25 to $60 at the end of the year. The third is the virtual currency Neo developed by China, whose price will rise from US $114 to US $225 at the end of the year. "
Say! How much did the project give you? I'd like to introce you to Mr. Ali, chief investment officer of blocktower capital, a cryptocurrency investment company; Ari Paul"at some point in 2018, the price of bitcoin can be as low as $4000 or as high as $30000."
Go awayJulian hope, co-founder and President of tenx
"bitcoin may break the $60000 mark in 2018, but it may also drop to the bottom of $5000, but it's not sure which one will come first, surprise or scare."
go away + 1
Nick colas, analyst of datatrek research, a data analysis organization, said, "the fluctuation of bitcoin in 2018 will exceed that in 2017, and the fluctuation may range from US $6500 to US $22000, all of which are reasonable valuations. And $14035 would be a reasonable median. In addition, there will be four price collapses of bitcoin in 2018, with the magnitude of each collapse being about 40% or more. "
are there still four opportunities for bottom selling and position increase this year
George Tung, co-founder of cryptos r us and a veteran of cryptocurrency investment, will we see another virtual currency whose market value exceeds that of bitcoin? Yes, I believe it is absolutely possible in the next three to five years. Or as soon as three years, there will be competitors who can compete with bitcoin. "the 3000 year old little demon wants to kill the 7000 year old demon? It's still tender
Lex Sokolin, global head of financial technology strategy, automous research, said, "the currency circle may usher in a new round of" furcation frenzy "in 2018, with a maximum of 50 furcation times!" Pro, we are here to talk about the price. What do you mean by having a second childIf you go back to seven years ago and choose a new investment opportunity, you will choose to invest in stocks, and then wait for the 15 year bull market to multiply your assets; They may also invest in real estate, and then wait for the real estate outbreak in 16 years to double their assets. However, if we chose to invest 10000 yuan in bitcoin seven years ago, we could sit on 66.2 billion yuan in 17 years, a rise of more than 6 million times
as we all know, the currency market in 2018 was a tragic year. At the beginning of 2018, the price of bitcoin was at the highest level in history, and the concept of blockchain began to heat up. A lot of people who originally belonged to the outside circle swarmed in to participate in entrepreneurship, employment and money buying. The prospect of the currency market seemed to be very good. Later, as we all know, as the price of currency fell again and again, the newly established blockchain media fell down one by one, and those new people who followed suit to buy currency were trapped in a high position to discuss; Bitcoin& ldquo; Blockchain & quot; There's less and less sound in the room. The coin ring gives these new comers a sense of cruelty
More than 90% of the people are trapped here, and faith is a very strange thing; Like the queen in the last kingdom of American TV series, the Danes gather to attack, she still says & mdash& mdash; God will punish the infidels and calm downlast year, all digital currencies and ICO platforms were shut down in China, and all countries in the world have put restrictions on them. At this time, few ordinary holders are willing to sell, and they basically hold them. This requires great determination, life problems, currency speculation problems, all kinds of problems may cause no longer hold; These problems cause a lot of trouble, so many people do not live well. After half a year, the instry that countries all over the world have entered is & lt; Blockchain & quot; And digital currency! In the game of blockchain, many countries have made some moves, and the holders are also on the sidelines
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.
Maybe it's a clerical error. I'll make a little effort. Four years ago, in February 2015, there were only so many bitcoins. According to the average exchange rate of 6.23 in 15 years, it was about 1500 RMB
Last year's opportunity to get rich was not to buy a house, nor to speculate in stocks, but to speculate in currency
according to the data of coinmarketcap, bitcoin surged by 1400% in 2017, reaching nearly $20000. On September 30, 2017, China closed down bitcoin trading platforms such as jucoin.com, and many small investors who had heard of entering the currency market had left the market when they lost a lot. In addition, some Zhongfen, who are profitable in currency speculation and optimistic for a long time, are looking for other ways to continue to fight in the bitcoin market. The result is obviously very obvious, overnight wealth has become a common scene of speculation
However, the greater the return, the greater the risk. On March 31, 2018, the lowest price of bitcoin fell to US $6863.52, compared with us $14112.20 on January 1, 2018, a decrease of more than 51%. These two days, there was a massive rebound, as of today, around 7700-8000 US dollars. According to professional analysis, there will be a downward trend after the reboundspeculation in currency is risky and investment should be cautious
like my attention, give me some praise