BTC is the most expensive
the price of bitcoin is always floating, so the price of bitcoin for RMB is always changing. From the beginning, a few years ago, when bitcoin was converted into RMB, it was only one to several, and finally it graally developed to one to more than ten, and then to one to dozens. At this time, it has been very shocking, and many people think it is a very strange phenomenon, As a virtual currency, although many people don't know what its main function is, most people think it's a bit similar to stocks, so they made a series of investments in bitcoin. Until January 2020, the value of bitcoin has grown crazily, rising to nearly 1:47000 this growth rate has exceeded most excellent stocks. Many people are shocked and often want to understand why this phenomenon occurs. In fact, my analysis is mainly caused by the following reasons:
3 Of course, one of the main reasons why the price of bitcoin has risen so fast is also related to the psychology of chasing up and killing down. For example, when many stocks have been rising, more people will buy them, but when they are falling, many people withdraw because of fear. So far, bitcoin's rise is still very large, Therefore, some people think it has investment value, so they have been buying it
When bitcoin first appeared in 2009, its price was less than 1 cent. One dollar could be converted into 1300 bitcoins, that is to say, seven yuan could be converted into 1300 bitcoins
on May 5, 2017, bitfinex, an overseas digital currency trading platform, quoted a price. Bitcoin once hit US $1700, about RMB 11737
extended information:
in China, some Taobao stores have also begun to accept the use of bitcoin, and businesses will graally increase
in October 2013, the first bitcoin quarterly, one bit, was released
on October 15, 2013, the network accelerator service of the network announced its support for bitcoin
on October 26, 2013, btcmini reported that GBL was hacked
on October 31, 2013, Lei Teng, a famous Internet lawyer, proposed the event of "filing a case to investigate the closure of GBL bitcoin trading platform as soon as possible", analyzed the "value function" and "use function" of bitcoin, and bitcoin should be governed by relevant laws
on December 5, 2013, notice of the Ministry of instry and information technology of the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing bitcoin risk: bitcoin is a specific virtual commodity; Bitcoin trading is a kind of commodity trading on the Internet. Ordinary people have the freedom to participate in it at their own risk
on September 4, 2017, the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risk of token issuance financing: it is prohibited to engage in token issuance financing activities (ICO)
the trading platform shall not engage in the exchange business between legal tender and token, or virtual currency, or buy or sell token or virtual currency as a central counter party, or provide pricing, information intermediary and other services for token or virtual currency
on November 2, 2018, the people's Bank of China released the 12th topic of China financial stability report 2018, which talked about "encrypted assets"
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and 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
response time: December 28, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
If you want to say what is the most valuable virtual currency, it must be bitcoin. Bitcoin is a 4.4w soft coin on the currency exchange trading platform
In 2009, when bitcoin first appeared, one dollar could buy 1300 bitcoins. In 2010, it was only $0.003. In November 2013, the highest price created by bitcoin reached 8000 yuan for the first time. In 2017, bitcoin's price rose wildly. In this year, bitcoin once created the highest price in history, with the highest value of about 20000 US dollars
that is to say, a bitcoin costs about 130000 yuan. According to the proportion, bitcoin has soared by 2.73 million times in eight years, becoming a well deserved proct with huge profits. According to the data of coindesk digital currency trading platform, the price of bitcoin once fell below $6000 in 18 years, and it has dropped 70% compared with the highest value of $20000 in 2017
with the decline of bitcoin, many digital currencies have been affected, with a decline of more than 10%. It has been less than 10 years since the development of digital currency. Many large enterprises can't compare with it. It can be seen that the future of digital currency is worth looking forward to
according to the data of coindesk digital currency trading platform, the price of bitcoin once fell below US $6000 in 18 years, which has dropped by 70% compared with the highest value of US $20000 in 2017
"the price movements we are seeing now may seem drastic, but they are quite normal for this market." Etiro's senior market analyst, MATI Greenspan, wrote in an email to CNBC
with the decline of bitcoin, most digital currencies are affected, and other digital currencies are not much better. Most digital currencies are down by more than 10%. But in the long run, the future of digital currency is worth looking forward to.
the price of Leyte is determined by supply and demand. When the demand for Leyte increased, the price of Leyte increased; As demand decreases, prices fall. At present, only a small number of leytes are in circulation, and new leytes are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, Leyte is still a relatively small market. It does not need a lot of money to make the market price fluctuate. Therefore, the price of Leyte is still very unstable.
1, Kuwaiti Dinar = 3.65 US dollars
Kuwait has the most valuable currency in the world with a slightly smaller territory than New Jersey. Kuwait has participated in the talks with five other Gulf Arab countries to form a single currency, The Kuwait Dinar is pegged to the US dollar< The Maltese lira is a small island country, about twice the size of Washington, D.C., and the second most valuable currency
1 Maltese pound = US $3.50
3. Bahraini Dinar = US $2.66, which is a small island country, about 3.5 times that of Washington, D.C. Geographically, Bahrain is an island country in the southwest of the Persian Gulf, and oil is the pillar of the national economy. Financial services and construction are also well developed. A Dinar is about US $2.66. The Dinar is the third currency in the world and remains relatively stable. In 2001, it was officially linked to the US dollar< 4. Omani Rial (standard symbol: OMR)
1. Omani Rial = US $2.6
Oman is a country on the east coast of Africa. Its currency exchange rate is linked to the US dollar. Since 1986, an Omani Rial is equal to US $2.60. Because of the close link, it seems that the fate of the rial is closely linked with that of the US dollar
5. Cyprus pound (standard symbol: CYP)
1. Cypress pound = US $2.53
this small island country is very dependent on tourism, and people are more willing to hold their wallets. Their country has the fifth most valuable currency in the world
6. Latvian lats (standard symbol: LVL)
1 Latvian lat = US $2.135
a Latvian Latvian is worth US $2.135, which is roughly equivalent to West Virginia. It has entered the process of joining the euro area, and is expected to join the euro area as early as 2012< British citizens come to the United States with their favorable exchange rate, where it is half price for them
8. Euro (Euro)
1 euro = US $1.482
since 1999, euro has entered the international financial market (Note: banks and stock exchanges are allowed to trade in Euro, and euro notes and coins have been officially circulated in 2002). After many difficulties, the total value of cash in circulation in Euro exceeds that in US dollar< Jordan Dinar (symbol: jod)
1 Jordan Dinar = US $1.4118
Jordan may lack water and crude oil resources, but as a middle east country, it has a strong currency
10. The Kyd of the Cayman Islands dollar (symbol: Kyd)
1kyd = US $1.21
because there is no direct tax, the island has become an offshore financial center with hundreds of banks, insurance companies and fund institutions. One Caymanian dollar is equal to $1.21.