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The cause of bitcoin price drop

Publish: 2021-04-26 05:24:47
1. The value of virtual currency is reflected in "more people recognize it". At the beginning of any instry, there will be savage growth. Take bitcoin as an example, the peak price of bitcoin is close to $2W, and the current price is only about $6500
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.
2.

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 specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography 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

on January 8, 2021, the price of bitcoin exceeded $40000

3. It's just price fluctuation. The price fluctuation of digital currency will be greater than that of ordinary stocks and gold, but the value is beyond doubt (this is just like the exchange rate between RMB and US dollar has been changing, but we can't use this price fluctuation to negate the value of currency). In fact, many people have recently entered the market, and the price is also rising. In the long run, it is also an investment project with the ability to beat inflation.
4.

it's a surprise that bitcoin's market has plummeted in the past few days, and it has fallen by $7000 in seven days. A while ago, some experts said that it's not too late to buy bitcoin in the market, and they can continue to make a lot of money! However, the people who have entered the market these days have suffered heavy losses. Is bitcoin about to collapse

< HR / > < blockquote >

the sharp fall of bitcoin market is really surprising! It is also reasonable for the public to worry about the collapse of bitcoin! However, this is a prediction, and it is not accurate. Only time can tell us whether bitcoin will crash in the future! Of course, we can listen to the analysis of professional knowledge

< / blockquote >

in the view of analysts, the sharp decline of bitcoin is closely related to the frequent theft incidents in recent years. On December 21, the media reported that the Ukrainian bitcoin exchange liqui was attacked by hackers, resulting in 60000 bitcoins being stolen and hackers madly shipping. On December 19, youtube, a bitcoin trading platform in South Korea, was also attacked by hackers, resulting in the theft of users' funds. Due to hacker attacks, the platform lost 17% of its assets, and yapian, the parent company of youtube, immediately filed for bankruptcy protection

summary: it is understood that the circulation of wax coins in the announcement of the trading platform is 185 million, while the actual circulation in the official wax platform is 1.85 billion. Instry insiders said that this is also a major negative factor in the current digital money market. Xiao Lei said that the fall is a very important turning point, rather than the "bubble" of digital money being broken, but a process of squeezing the bubble in a big way. strong>

5. On May 18, 2010, a programmer named Laszlo hanyecz posted in bitcoin forum that he hoped to exchange 10000 bitcoins (then worth $40) for two copies of Papa John's pizza. Then on the 22nd, the cryptography enthusiast "jercos" bought two pizzas for us $25, sent them to Laszlo, and won 10000 bitcoins as promised

since then, the bitcoin community has celebrated May 22 as "bitcoin pizza Festival.". There's even a twitter account that updates the bitcoin value of the two pizzas every day. In addition, every time the price of bitcoin reaches a new high, the deal and Laszlo will be "teased"

based on the current bitcoin price, the two pizzas are worth $76.3 million
kucoin futures is kucoin's digital currency derivatives platform. It is the most open, transparent and trusted contract trading platform in the world, with the largest number of global users and the highest coverage of global contract market. At present, it supports bitcoin perpetual and delivery contracts.
6. It's not just bitcoin. The whole market is falling. The reason is that you pay attention to the news. The exchange has been attacked. Encryption leaks. In the last two times, the Korean stock exchange has been largely defeated by the GG. The result of the attack is to attack other virtual currencies, such as Monroe, so the attacker will quickly replace Monroe with bitcoin. Then it can be quickly realized or held through the exchange. Generally, it will be cashed out. This led to a rapid rise in the price of the currency, and then to a rapid decline after realization.
7. The manipulation of makers has increased the fluctuation of bitcoin price, and foreign bitcoin trading platforms have encountered various twists and turns such as fraud, theft and bankruptcy, which makes many bitcoin players think whether they should stay in the bitcoin market. If these players graally leave, bitcoin prices will continue to fall.
8. It refers to those players who play expensive games, such as: playing against the cold, how to drop, having a mine at home, all of which refer to joking
9. Restart the computer, press F8 to enter the safe mode, use the Tencent computer housekeeper anti-virus software, comprehensive anti-virus program, a total of four anti-virus engines: Tencent computer housekeeper cloud engine, Jinshan cloud search and kill, xiaohongsan local search and kill engine, trend local engine, that is to say, Tencent computer housekeeper computer housekeeper in addition to its own cloud search and kill engine, Also applied two foreign brands of local killing engine, powerful protection of the virus accurate killing!! Can thoroughly clean up the virus trojan program!!
10.

Sun Xiaochuan, also known as Mata Chuan and godfather of online love, has a microblog ID of "Dai Dai Da senior brother". It's spread on the Internet that he is responsible for all the bad things, such as burning, killing, robbing, raping, raping and raping

because Mata Chuan used to teach others how to talk about online love and how to tease her online when she was on the air, so she was known as the godfather of online love. In 2015, Dai Dai's elder martial brother was cheated of 8000 yuan in online love and stood at Cheng Shuangliu Airport for one night

the second time was long-distance love, holding hands and being cheated by 20000. On the road of love, the elder martial brother goes further and further. Later, this story was written into the big event of rampage, which made the elder martial brother popular on the Internet. He himself became the real face of the abstract studio

extended materials

we often see all kinds of microblog comments and bullet screen brush the word. If you want to ask who he is, thousands of netizens will tell you: the way he took was the eight countries' invasion of China and burning down Yuanmingyuan, he was the male model of Bai Baihe's cheating, he was Liu Zhoucheng's trumpet, and he broke diga Altman's leg He did the bitcoin virus

extended meaning

there are two opinions about the popularity of the stem on the Internet:

one is that he and his fans brush everywhere and feel the heat, causing everyone's dissatisfaction

Second, he often exists as a concentrated target for everyone's bad mouth, which can be called "back pot man", so the stem spreads

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