Investment logic behind bitcoin
bitcoin bulls often mention that the scarcity value of this cryptocurrency is the main reason for its continued rise. Bitcoin is similar to gold to some extent. The growth of its supply is extremely slow, and it is still slowing down. Its total supply will only reach 21 million
with the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as the Chicago Board of options (CBOE) have launched bitcoin futures contracts. This is likely to encourage more institutional investors to invest in bitcoin, while at the same time further curbing the price volatility of bitcoin
this much anticipated bitcoin futures trading has been launched on the Chicago Board of options exchange, which represents a significant step in the legalization of cryptocurrency. Futures is a derivative / financial instrument, which can force dealers to buy and sell an asset at a specific time and price
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
When you heard that many people who bought bitcoin got rich overnight, Japan also legislated to accept bitcoin, and then the major businesses supported bitcoin payment... You also have grass in your heart. Although I don't know what this coin is, it seems to make a lot of money. Do you want to buy it for two yuan
With a wave of his hand, Mr. Nakamoto, you guys need not worry. In order to make money... Oh no, in order to save the economic crisis, I have already considered this small matter carefully. In order to ensure the authenticity and quantity of each coin, each of us has a small notebook. On this magical notebook, you can see the birth of each coin, and everyone is a witness. At the same time, for the sake of safety, our notebook also has a very cool function, which is to have an invisible lock. You can only see it, but you can't change it. This kind of bitcoin has authenticity and authorityat the same time, you can rest assured that bitcoin will not be used in vain. I have found many "bricks" of mainstream economics, analyzed bitcoin and predicted that it will become the mainstream currency in the future. Now you can dig (Jian) currency without spending a cent, and you can wait for the currency to appreciate. Isn't it super good
this boasting, we listen to the bious, some people go to dig (Jian) money, some keep watching. At this time, Nakamoto took action. In 2014, he secretly united with American e-commerce giants such as eBay, airbnb and Uber, which began to accept bitcoin payment. Since then, the bitcoin market has really begun. Many people know that there is money coming in vain, and they also begin to join the ranks of coin digging. However, the number of people is still small, and there are not many coins g up
until 2017, when the blackmail virus incident occurred and the whole world suffered from large-scale network virus attacks, the poisoning unit had only two choices, either waiting for the computer to GG and the data disappeared, or paying about RMB 2069 bitcoin to unlock
this made bitcoin instantly become global famous. At the same time, all units had no choice but to buy coins. At this time, the brothers who had been digging for (Jian) coins for five or six years had a collective climax. There were so many coins. You want to buy them, right. In this way, the value of pure virtual bitcoin without real value soared to $2151 / piece
since then, as you have heard, XXX has accumulated more than n bitcoins, which have soared ten thousand times and become rich overnight
up to now, the creator of bitcoin, Nakamoto Tsung, has become a fan of identity, but bitcoin is still not accepted by most countries, including China. At present, bitcoin's high trading volume is also an illusion. Most of them are bad speculators. Through high-frequency trading, they create an illusion to attract investors' attention. This practice is equivalent to Taobao's swiping orders
for you who want to invest, you still need to clarify some things
1. Bitcoin is not restricted by law, and of course it is not protected. Once your trading platform is attacked by hackers, your currency will be lost, there will be no place to find it, and there will be no place to reason Many people go to the rooftop)
2. The fluctuation is very great. You only see a ten thousand fold increase, but not a half drop overnight
3, bitcoin has no issuer. In today's financial world, the currency of no issuer is worthless, and the bubble economy may collapse at any time. p>
the last word of advice: don't touch bitcoin as a rookie, or the old bird will speculate and run when they earn money, otherwise they will be sad
At present, a small number of people in the society are extremely enthusiastic about bitcoin. They think that bitcoin is a perfect thing, and there is unlimited imagination in the future
they even think that only holding legal currency can see cash out. Most will hold bitcoin for a long time
therefore, different people's cognition of bitcoin will lead to different value attributes of bitcoin
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official account: Fintech observer, from finance to technology, from technology to finance, together to wealth freedom! p>
The difference between foreign currency and foreign exchange mainly lies in the following two aspects:
1. Different concepts
foreign exchange refers to the creditor's rights that a country can use in the event of balance of payments deficit in the form of bank deposits, treasury bonds of the Ministry of finance, long-term and short-term government securities, etc. To put it simply, it means all the foreign currency assets owned by a country and various payment means that can be used for international settlement of claims and debts
Foreign currency refers to all foreign currencies except domestic currency The main uses of foreign exchange are: means of payment and credit instruments for international trade and settlement; It can be used to adjust the balance of international funds; It can be used as an important international reserve resource of a country Foreign currency is mainly used for commodity payment and currency exchange
extended information:
foreign exchange trading should pay attention to:
1, looking for events to stimulate market volatility
if you want to trade, then you should look for events to quickly stimulate market volatility, which can be company statements, data release or important meetings. These events can affect the fluctuation direction of the market in a very short period of time, so they also give traders the opportunity to make quick profits
In foreign exchange trading, if the market is contrary to your expectation, it is normal for you to feel panic. You must set a stop loss to control the loss range, rather than hope that the market will eventually change direction. Most successful traders are very sensitive to the loss, they will try their best to control the loss. In addition, don't move the stop at will 3. Keep checking the market
if you are sure that you have enough time to check the market frequently, you can start trading. When some short-term traders find that the market is contrary to expectations, they will decide to take long-term positions halfway. But it's likely to get stuck in a deal that's not good for you
According to the data of okcoin, a well-known digital asset trading platform in China, yesterday (June 14), most of the trading hours of the currency price showed a narrow consolidation operation. The amplitude was less than 4% from the opening to 20 o'clock in the evening, and then there was a big drop, reaching the lowest of 18136 at the close. As of today's press release, currency price inertia fell to the lowest 17425 line, the latest trading at 17800
According to analysts of okcoin bank, the daily line level, yesterday's daily line closed the spindle line with short upper and lower shadow lines, and the 5-day moving average crossed the 10 day moving average to form a high dead cross. The trading volume continued to shrink and the trend of this level weakened; At the 4-hour level, the moving average system (5, 10, 20) formed a downward divergent pattern of short positions after being glued, and MACD index continued to operate in the weak area below the zero axis; 1 hour level, short trend is also good, temporarily deviated from the bottom of the volume and price, short-term rebound or finishing demandto sum up, the current major cycles, including the daily line, have entered the short-term operation pattern, and the probability of effective stop fall reversal is very small, so don't rush into the market to buy the bottom. In view of the current market, we can only take short-term strategy and intervene in batches at important (important) support levels. Focus on the support range of 15600-16000 within the day. If the price stops falling in this area, you can build a position to intervene. The upper pressure focuses on the platform low of 17800, and rebounds to this position. The nearby area will leave and wait. Personal suggestions, for reference only
HP will deploy corda, a blockchain platform, to its mission critical system, HP's high capacity, high value workload platform. The representative of r3cev, a blockchain alliance, explained that corda was designed in such a way that the bank's IT department could understand, deploy and manage, and they did not have to reconsider the specific operation method. HP is understood to be able to allow corda to operate in the way it requires
at present, HP Labs, HP mission critical systems and R3 POC projects have proved the compatibility of R3 corda and HP fault tolerant server integrity nonstop platform
r3cev, a global blockchain alliance, researches blockchain solutions for enterprise customers, banks and national institutions. According to Babbitt's previous report, R3 has successfully completed a round of investment and financing recently, with a harvest of US $107 million. So far, it's the largest DLT investment in the world. Investors include bank of America, Merrill Lynch, HSBC and Japan's SBI group. Other large banks involved in this round of financing include the Netherlands resettlement bank, bradsk Bank of Brazil, United Bank of itawu, foreign trade bank of France, Barclays Bank, United Bank of Switzerland and Wells Fargo Bank
personally, I think it has something to do with economic development, but it has more to do with people's blind following
for those ordinary investors with poor psychological enrance, it's better not to touch bitcoin investment, because bitcoin's sudden rise and fall are very normal, and there is no rule to speak of. If you have poor risk-taking ability, it's better not to participate in the bitcoin investment process
the sharp rise and fall of bitcoin is very exaggerated
at the beginning, bitcoin was only a few dollars. Now, in April 2021, bitcoin has reached a record high of $64000. This figure is very exaggerated. It can also bring many people the dream of becoming rich overnight. Of course, we should also see the huge risks behind the sharp rise of bitcoin, because the sharp rise and fall of bitcoin are very exaggerated{ RRRRR}
according to the above logic, if bitcoin abandons the road of becoming the world currency and payment currency, it means that it will not challenge the government's bottom line (such as currency issuance right) and will not affect the country's financial security. With the more mature and stable implementation of bitcoin foundation, the positioning of digital gold has been recognized by more and more people, Then the government may take the initiative to allocate bitcoin. Just as the government allocates a certain amount of gold, this is undoubtedly a huge benefit compared with the special currency