Who is manipulating bitcoin
I can only say that I don't know if it is possible for the makers to harvest Chinese chives, but it may be relatively small. When the market is falling, it usually causes the panic of leeks. This is the best time for the makers to buy the bottom at a low price < HR / > < blockquote > however, one thing we need to confirm is that such a decline is nothing compared with the special currency, and it has not even fallen out of the monthly line. In the history of bitcoin, it once fell by 94%. There are many more cases than this. Therefore, there is no need to over interpret the decline and look at the rise and fall of the currency market with the thinking of speculating in stocks personally believes that such a fall is a rectifying correction for a period of time when bitcoin has skyrocketed, bringing a lot of bubbles, and there is nothing too peculiar about what the market is doing. p> summary: bitcoin, as the pioneer of digital currency, although it has the first mover advantage, we can foresee that bitcoin will be the slowest and most backward digital currency in the future. Compared with eth or EOS with smart contract, the application of bitcoin will be extremely narrow. Another reason why bitcoin is not suitable as a currency is that the total amount of bitcoin is limited and cannot be over issued. However, the total amount of money should never be limited, because it will lead to deflation. Everyone will hoard bitcoin instead of trading it. Therefore, the trading volume will be very small, which indicates that bitcoin is not suitable for use as a kind of currency at all
2020 is a magic year. Although there are many troubles from the beginning of the year to the end of the year, asset prices are rising very well
let's look at the performance of all kinds of assets:
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here's another interesting thing. In the first seven months of bitcoin coming out, the creator Nakamoto Tsung mined 1.1 million bitcoins himself, accounting for 6% of the total amount of bitcoins. These bitcoins have been left untouched, and now are worth nearly $40 billion
If a market has the four characteristics of high leverage, drastic price fluctuation, limited trading volume and high concentration, then the market is a perfect Chinese chive cutting market
we have done a previous issue of the hunt brothers silver speculation. After hoarding a large proportion of silver, the hunt brothers in the United States manipulated the prices in the futures and spot markets to reap the silver investors in the market. Today's bitcoin market is a bit like the silver market of that year
before any asset bubble bursts, there will be lots of people making money. What is the upper limit of the bubble? How high will the price go? How crazy can market sentiment be? None of this can be predicted
a rational investor should not be distracted by the soaring price, but should carefully think about two questions outside the fanatical market sentiment. Do I really understand the investment logic behind this thing? Is it really worth so much money
if you're like me, you'd better not take part in this kind of incomprehensible excitement
on November 1, 2008, a self styled Satoshi Nakamoto published a white paper on bitcoin, bitcoin: a peer-to-peer e-cash system, on the P2P foundation website, stating his new idea of e-money, bitcoin. On January 3, 2009, bitcoin Genesis block was born
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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you can't use the experience you learned from traditional stock futures trading to deal with bitcoin market. The price of bitcoin doesn't fluctuate in any fixed way.
(the above opinions are all from the Internet)
compared with fiat money, bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of bitcoin, and it can circulate all over the world. It can be bought and sold on any computer connected to the Internet. No matter where they are, anyone can dig, buy, sell or collect bitcoin, And in the transaction process, foreigners can not identify the user's identity information.
transaction.
According to CCTV, the price of bitcoin has fluctuated dramatically in the past four months< investors and currency holders are the first to benefit from the recent price rise
the creator of bitcoin, Nakamoto Tsung, who g 1 million coins in the early days, is now worth about US $52 billion, ranking about 24th according to the real-time ranking of the billionaires of the company
However, two weeks ago, Tesla disclosed in the SEC filing that it had purchased 1.5 billion US dollars worth of bitcoin at that time. After that, the price of bitcoin quickly exceeded the 40000 US dollars marksome analysts said that after Tesla bought bitcoin, it has made a profit of more than US $1 billion, exceeding the profit of car sales in 2020. In addition to Tesla, many companies holding a lot of bitcoin assets have also made a lot of money in this wave of price increases
in addition, in the midst of price fluctuations, the profit-making institutions related to bitcoin trading are . In addition to the substantial increase in the value of bitcoin assets they hold, their trading income also increases as bitcoin rises and transactions increase
extended data
the price of bitcoin is affected by many factors:
analysts believe that the price of bitcoin is affected by many factors, first of all, opinion leaders like Elon Musk. Another key factor is the regulatory authorities. Recently, US Treasury Secretary Yellen's speech caused bitcoin's price to fall directly. At present, the major economies have not given a clear definition of bitcoin's regulation. The rash of this aspect will affect the development of bitcoin