Why bitcoin is strong
Since last weekend, BTC has soared all the way from 6400 on Friday to 7500. Today, it has exceeded 8000 US dollars. This surge caught the masses off guard and made investors ecstatic
2019 can be described as a "prosperous" year for bitcoin. It is strong enough to get rid of the downward trend in 2018 and usher in a recovery. It has broken through 6000 points, 6400 points, 6800 points and other barriers one after another, and even reached $8000, making the coin circle return to its long lost heat
BTC is also in the focus of social media. Let's explore the reasons behind the boom:
the rise of bitcoin is not so much a sudden "earthquake" as a long-term "storm"
first of all, bitcoin immediately ushers in the practice of recing proction once every four years, which will inevitably lead to an increase in the price of bitcoin. Second, fidelity, the world's largest asset management company, joined the ranks of bitcoin investors in May. Compared with traditional investments such as gold and oil, bitcoin has achieved an average return of 457% in the past two years, making traditional financial giants ready to move
in January this year, the US Congress discussed two bills on virtual currency, and bitcoin futures ETF returned to the public view. However, the market failure of usdt currency makes a large number of users of usdt into the embrace of BTC
of course, President trump of the United States is the only culprit. Since then, trump has decided to raise China's export tariff from 10% to 25%. China's export instry is facing a disaster. The domestic stock market has plummeted, and hot money has flowed into the cryptocurrency market from the stock market, which has contributed to the surge of the comparative currency< Bitoffer revealed that bitcoin may return to its peak
according to the COO of bitoffer of Singapore sto exchange, the price of bitcoin has returned to last April's level, and it is predicted that it will exceed US $100000 this year<
45% of the respondents believe that when BTC reaches $10000, there will be fomo effect
Tom Lee, co-founder of fundstrat, launched a questionnaire on twitter about "what price BTC will have fomo effect". Up to now, the survey data shows that 32% of the people think that when the BTC exceeds $20000 (a new high), the BTC will be the highest; 45% thought that when the BTC reached $10000; 23% think it's now
bitoffer is a cryptocurrency exchange from Singapore STO, which provides secure and reliable bitcoin trading and asset management services for millions of users in more than 100 countries< br />
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
if it is less than 3000 yuan, it does not constitute a crime and cannot be sentenced.
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.