What does bitcoin soar mean
bitcoin is not the mainstream currency now. Its skyrocketing price has nothing to do with us ordinary people for the time being, but it is far fetched to say that its bull market is coming. This may be just a short-term rebound
the peak value of bitcoin used to be US $20000. Since it fell to US $3500 in 2018, it has been in a state of occasional rebound. Although it has risen by 20%, it is still only US $5000. Compared with the high price of US $2W, it is only one fourth
at present, there is no clear statement about the attitude of government agencies in various countries towards bitcoin, especially as the world's largest bitcoin procer, the attitude of the Chinese government is more important, but until now, no official attitude has been found. The market is waiting to see, this wave of rise is likely to be the chain reaction caused by the reluctance of most holders to sell
at present, most people are bearish on bitcoin, but as an encrypted digital currency, whether it can be controlled is the government's consideration. If a currency is not effectively regulated, it will become a paradise for black instry. The damage to the economy and society will be immeasurable
therefore, at present, bitcoin is only a game for a small number of players, and the current holder is just a quilt. They hope to soar, but at present, it can only be a disappointing result
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".
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
I think there are three reasons for bitcoin's continuous rise
I. imbalance between supply and demand
in terms of demand, the output of bitcoin is designed to be only 21 million pieces, and the output is halved every four years. More and more people want to own bitcoin, and the imbalance between supply and demand leads to the soaring price of bitcoin. In addition, the mining machine will be replaced in four years. With the annual electricity charge unchanged, the mining cost of bitcoin will be doubled, and the price of bitcoin will be higher than the mining cost for a long time
in 2020, the total money supply of eight developed economies, including the United States, China, Europe and Japan, will reach 14 trillion US dollars this year. In addition, the total amount of money in the world's 12 largest economies has exploded to $94.8 trillion. You know, this is an astronomical number. In 2016, the total global money supply was only $60 trillion
2020 can be said to be the year of global water release, but there is even worse news that a new round of global water release in 2021 is on the way. Recently, in order to stabilize the financial market, Europe and the United States have released a huge amount of water again. The European Central Bank has released another 500 billion euros, and the US $900 billion economic stimulus plan has been signed and implemented. According to the prediction of Morgan Stanley, a world-famous investment bank, in the next two years, the scale of money printing of the four major banks in the world, namely, the Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England, will be as high as US $5 trillion, and US $5 trillion in RMB will be US $32 trillion. In the past few decades, the total scale of water release of the four central banks will be US $25 trillion. Let's think about the volume of this wave of water release