The impact of bitcoin inflation
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
supply and demand
when compared with other virtual currencies, bitcoin always mentions "fixed output 21 million". In the early years, bitcoin had not been exposed to investors in a large area. It proced a lot and g a lot, but there was no demand. But now purchase bitcoin, the price is expensive, the output is small, the demand is big
analysts of jiafengruide believe that when there is an imbalance between supply and demand, commodity prices will be affected. Influenced by the policy, many bitcoin holders are now keeping a wait-and-see attitude. The decrease of bitcoin in circulation in the market and the increasing demand for bitcoin in the market are bound to push the price up, but in fact, it will not be the investment speculators who come into the market at this high level who will benefit in the end
popularization of regional chain
the report released by UBS in October mentioned the problem of regional chain technology. The report shows that by 2027, the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars. And the regional chain as an infrastructure development, will be applied to more and more scenarios
at that time, whether the popularity of regional chain will raise the price of bitcoin is also full of uncertainty
investor confidence remains unchanged
although many institutions and financial giants are short of bitcoin, investors are still confident in the future value of bitcoin. After all, in history, is there any trading proct that can soar 7.54 million times in eight years
analysts at Jifeng Reed said that 10 years ago, the impact of the financial crisis left many countries so far unshadowed, and the share price bubble continued to expand, and investors would worry whether the original financial system would collapse again. Bitcoin, which has a strong performance, will attract more investors with capital inflows, thus driving up prices. In a way, bitcoin is already a safe haven
although the trading of bitcoin was suspended by China in September this year, bitcoin surged by more than 233% after de Sinicization< In November, bitcoin began to hard bifurcate, that is to say, the regional chain was divided into two parts, which is equivalent to doubling the issue of bitcoin, which means that the value of bitcoin will be diluted. Affected by the impending start of hard bifurcations, bitcoin started on November 9 and has been on the decline for four days
the suspension of the 2x fork, originally scheled for November 16, has eased the anxiety over the expansion of the bitcoin instry chain, and the market is a little relieved of the possible collapse crisis caused by the fork
bubble greater risk
many investors have seen the bitcoin appreciation and profit margins after they have entered the bitcoin trading market. However, the current domestic large-scale bitcoin trading platform has been completely closed, and the regulatory level has not relaxed the entry of bitcoin into the domestic market
bitcoin, as a speculative commodity, has great bubbles and unknown risks. We tend to ignore the risk, and it is often the risk that damages the funds in our pockets. When participating in a high-risk market, we must reasonably allocate personal assets, such as the allocation of stable financial procts such as stable profit selection investment plan. We must not use all our wealth to allocate high-risk investment procts
in a word, bitcoin has risen dramatically in recent years. It's hard to avoid some words like "you are the richest man in China now if you bought bitcoin eight years ago". But eight years ago, you didn't know that bitcoin could be as brilliant as it is today. You might as well change your vision and look for the next "bitcoin".
At present, the price of bitcoin is mainly driven by the Chinese market, which accounts for more than 90% of the global bitcoin trading volume
some analysts said that the rise of bitcoin was mainly e to capital and currency restrictions in China, India, Venezuela and other countries, which prompted people to buy e-money to maintain their savings, and also promoted investors to keep buying
so far, investors can't help asking whether bitcoin will replace gold as the largest safe haven asset
Ian Bezek, a professional trader, believes that bitcoin and gold have their own strengths, but gold has a greater advantage at this stage
Ian Bezek pointed out that bitcoin is highly accepted in some countries with serious capital controls, such as Argentina, where it is difficult to transfer assets abroad
e to China's economic slowdown and asset outflow, RMB devaluation occurs. Bitcoin is mainly used to convert RMB assets into overseas assets, which is much more convenient than gold
this is not bad news for gold, because the popularity of bitcoin means that gold, which is also a safe haven asset, will also usher in a rising opportunity
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.
Bitcoin burst in one day, and the price of 3.7 billion bitcoin keeps rising. For those large holders, they don't care, because the price rise of bitcoin is related to them, they buy a lot, which leads to the price rise, but it has an impact on retail investors
if you also like to invest, you can consider the fund, because although the fund is in the summer now, you have to say that it is a time when it can make a bottom. As for whether this is the real bottom, I don't know. However, the risk of the fund is much lower than that of the special currency, and the risk of the stock is higher, However, the stock trading system has been mature, it does not have so many trading risks, at most is the risk of price changes
When people see that the value of bitcoin is rising like a rocket, most of them put down what they are doing and put into the cause of bitcoin mining. What impact will this cause have on the world? In view of this problem, not only the economy will have an impact, but also the overall world environment. Let me talk about my views and ideas on this matter for reference only
for the problem of bitcoin, there is a need to exist, but these meanings are good for human beings. If not, we need to think deeply when we think about this problem. If the world is already a virtual world, then the real economy is doomed, so we can't be blinded by the immediate interests, The above is my personal views and ideas, for reference and discussion only
bitcoin has not experienced big ups and falls for several days, and it may have much to do with the bubble of the market. Tesla's float is up to 990 million US dollars, or about 6 billion 400 million yuan. Some people really like this price, while others worry about it. After all, some people have made a lot of money in bitcoin, but some people think that the bubble will always be broken. The high price now does not know what will bring serious consequences. p> Third, the price of bitcoin can not be sustained< p> JPMorgan team believes that bitcoin's surge since January this year seems to be more affected by speculative capital flows. Analysts at the bank pointed out that in the past five months, the total institutional inflow was only about $11 billion, but the market value of bitcoin increased by about $700 billion. According to Xinhua news agency, JP Morgan believes that from the perspective of risk assets, the reasonable price range of bitcoin is $11000 to $25000. The price of $25000 has reflected the long-term acceptance of bitcoin by institutions, and the current price of more than $50000 is unsustainable
we need to understand that the rise of bitcoin has a great impact on the economy, which mainly lies in the macro economy
when some people mention bitcoin, they may think that bitcoin is a fraud, while others believe it. No matter what the point of view is, the current price of bitcoin is very high, and it has a large number of fans. I personally hold a negative attitude towards bitcoin. Here are my personal views
bitcoin is indeed rising at present
I remember in 2000, when the price of bitcoin was only a few dollars, now the price of bitcoin has risen to 50000 dollars, which can be said to have increased thousands of times. In this case, it is difficult not to shake one's faith. Some people feel that they have missed the gold draught of bitcoin, while others feel that the bubble of bitcoin will eventually burst . RRRRR}