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Why BTC rises

Publish: 2021-04-21 01:36:20
1.

Since January, the real supervision has not come, only a few ambiguous scrapes have come, the exchange is still there, the project party has not gone, the media of the office is getting better and better, and the related instries are also sleeping day and night. But the bear market has come. It seems that it is unwilling to go. It went down in January, fell in February, and was sluggish in March. Many people cry out that it is a pity to abandon them. They are very surprised. Some people say that the 2014 bear market will repeat itself, while others say that the past is good and we should hold on. We might as well think from the following angles and get our own answers

"bitcoin is the vane of the digital money market. The rise and fall of bitcoin price determines the heat of the overall market and the ability to attract external funds. Therefore, we mainly discuss bitcoin and other mainstream digital currencies."

Like the development and prosperity of the stock market, the game of multi countries will become the theme of the future. Investors will also become more rational, and graally rece the weight of policy in the face of digital money market

Where will ICO itself go and what will the currency of investment be

answer: as a means of financing, ICO is more efficient than IPO and more fair in the distribution of profits. Of course, its own limitations will also limit the development of this financial instrument. ICO and IPO will exist for a long time in the future, serving different instries. Whatever is suitable for token will promote the development of ICO, as well as in policy. IPO will not disappear, because it is more in line with the existing legal framework, in line with international standards and other first mover advantages will support him to continue to maintain the financial channel of related instries

2. Bitcoin is a kind of cryptocurrency, but because the blockchain technology was used to lock the market area at the beginning, the amount of bitcoin in the market is certain. If users want to get bitcoin, they have to spend power and computing power to "dig" bitcoin, so mining machines appear. The figurative metaphor is that the miner is a machine used to dig bitcoin. Its emergence not only improves the efficiency of digging bitcoin, but also promotes the rapid development of the instry

cryptocurrency has an exchange, but its price is determined according to the change of stock in the market. Many people want to buy bitcoin and other currencies, they have to go to these exchanges to buy, sell and other operations. In other words, the exchange provides a platform to facilitate bitcoin trading. Because of its encryption property, it is difficult for the regulatory level to uniformly deploy and implement relevant measures, so many countries prohibit bitcoin trading

but even so, bitcoin still has a high transaction value, part of which is the labor and cost of digging out coins, part of which is e to market factors. The total amount of coins is determined, so every coin g out will be one less. From the perspective of Marketization, the value of bitcoin will be higher and higher. Therefore, many people think that bitcoin has great value-added space, and many investors choose to hold bitcoin for a long time. As a result, the underlying bitcoin value is locked in. Later, bitcoin was also used in some social activities. For example, some foreign companies used bitcoin to pay their employees, and even bitcoin could be used for shopping

once the underlying value is determined, the sharp rise and fall of bitcoin is dominated by market behavior. This kind of uncertainty is more serious, and the market fluctuates more frequently. In the absence of relevant credit endorsement support, naturally, once there is any disturbance, bitcoin's value will fluctuate greatly.
3. 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 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 money 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

warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. The above explanation is for reference only. Before investing, it is suggested 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
3. Investors should not use such information to replace their independent judgment or only make decisions based on such information, which does not constitute any investment operation
response time: February 4, 2021. 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
4.

China has the largest number of blockchain patent applications in the world

China has a good foundation in the field of blockchain. With the support of the previous series of policies, blockchain technology and instry have developed rapidly, and began to integrate with all walks of life

in 2016, the State Council issued the 13th five year plan for national informatization, which listed blockchain technology as a strategic frontier technology. In June 2018, the Ministry of instry and information technology issued the instrial Internet development action plan (2018-2020) to encourage the application research and exploration of emerging frontier technologies such as blockchain in the instrial Internet

the number of patent applications for blockchain technology in China ranks the first in the world in recent years. According to the 2018 China e-banking survey report released by China financial certification authority (CFCA) at the end of last year, more than half of the existing patent applications related to blockchain in the world are from China. By the end of 2017, there were more than 1200 patent applications, surpassing the United States and becoming the first

at present, the top three Internet giants Alibaba, Tencent and network are trying to develop regional blockchain technology and related basic technology development, such as network super chain platform, ant blockchain baas platform, Tencent cloud tbaas blockchain service platform, etc

at present, in terms of global enterprises, the first and second echelons of blockchain technology competition have been formed. As of April 2019, Alibaba ranked first in the global blockchain patent ranking in the first half of 2019 with 290 blockchain patents. At the same time, by observing the enterprises of the first and second echelons, it is found that they are all from China. On the whole, China's Internet companies have accumulated profound technology in blockchain. China has a great technological competitive advantage in the field of blockchain

from January to April in 2019, the global blockchain patents ranked first Second tier statistics


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data source: for more data sources and analysis, please refer to the in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by prospective instry research institute , At the same time, foresight Instrial Research Institute also provides solutions for instrial big data, instrial planning, instrial declaration, instrial park planning, and instrial investment promotion

5. In the early stage, no one thought that bitcoin and digital currency could serve the entity. But in order to make the new market prosperous, some people must start to hype and boost the popularity. You know, at the beginning of bitcoin, it was only a few dollars. After someone ate a pizza with 20000 bitcoins, people could see the physical application function of bitcoin. Then bitcoin became popular- Speculation is also one of the reasons for bitcoin's rise
in the medium term, with the long-term speculation of bitcoin, some people also realized its value, and some teams began to develop bitcoin technology. In this way, with the passage of time, the technology of bitcoin is perfect, the quantity is rare, the hype is fierce, and bitcoin is sought after by all kinds of gods, so the price will slowly go up
in the later stage, after the implementation of application, promotion and entity trading, people feel that the rise of bitcoin should be taken for granted.
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