CEO of Zhishang exchange talks about bitcoin futures

1. The next bull market should start in the second half of 2021
according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the next time bitcoin halves, the price will exceed $10000 or even $100000.

2.

A few days ago, we learned from relevant channels that after the release of previous design drawings, more preview drawings and detailed pictures of Zero run C11 have been exposed. According to the information we got, the car will make its debut at the 2020 Guangzhou auto show, which will open on November 20

in terms of power, the new car is divided into two drive version and four drive version. The maximum output power of four drive version is 400KW, the maximum torque is 720nm, and the driving range is more than 600km. It is reported that the new car will appear in Guangzhou auto show and be delivered next year, with the pre-sale price of 150000-180000 yuan

this article comes from the author of car home, which does not represent the standpoint of car home

3. Li Lihui, former president of the Bank of China and head of the blockchain working group of the Internet Finance Association of China, delivered a speech on blockchain application and virtual currency supervision, in which he mentioned the upcoming launch of bitcoin futures by the Chicago Mercantile Exchange Group (CME) and the change of regulatory attitude in the United States, It triggered a discussion about whether bitcoin can return to China. Stationmaster thinks, from the perspective of the world, the change of regulatory policies in various countries is quietly happening, and many signs show that the acceptance of bitcoin in various countries is graally increasing

4. Now it's $9200, and I believe it will soon exceed $10000 a BTC.

5. Bitoffer doesn't need to exercise the right. Zhishang needs to exercise the right! It's the difference between heaven and earth. It's best not to exercise power.

6.

Yesterday, bitcoin prices on multiple trading platforms around the world broke through the $10000 mark in the Asian market. Bithum bitcoin, South Korea's largest trading platform, offered $10176.4 at 9:55 Beijing time on the 28th, according to data from coinmarketcap. In addition, South Korea's bitcoin trading platforms coinone and korbit, Africa's largest bitcoin trading platform luno, Turkey's trading platform paribu and bitcoin Indonesia's trading platform quoted between us $10061.60 and US $12045.80. Most bitcoin exchanges around the world are priced between $9500 and $9700. According to the third-party platform coinmarketcap, the price of bitcoin was only $972.95 at the beginning of this year, and now it has exceeded $10000, up 927.8%

among them, tobam, a French asset management company, recently announced that it will launch a bitcoin linked public offering fund. Okex believes that investors are already interested in this and expects the fund to expand to $400 million in the next few years. The Chicago Mercantile Exchange Group has also announced that it will launch bitcoin futures in the fourth quarter of 2017. JPMorgan Chase, which has been singing down bitcoin before, also said it would consider helping users trade bitcoin futures. This series of actions of major institutions has greatly improved bitcoin's global popularity and recognition, greatly enhanced investors' confidence and pushed up the price

7. Contracts for agricultural procts include cereals and oilseeds, such as corn, soybeans and soybean oil, as well as livestock procts, dairy procts, timber and coffee. Zhishang has the most complete and wide range of agricultural procts futures and options.

9. It is suggested that you can wait for MSG maisheng to open the bitcoin business in January and then go to them for operation. First, MSG maisheng is formal and convenient. Second, you can wait and see the market ring this period.

10. The blockchain technology based on bitcoin is increasingly recognized by all kinds of financial institutions and central banks around the world. For example, NASDAQ has begun to promote blockchain technology and directly serve all kinds of financial transactions. This has brought a very good environment for the development of bitcoin with blockchain as the underlying technology, and bitcoin transactions are becoming increasingly active. However, the counting capacity of the entire bitcoin single blockchain is difficult to meet the larger transactions, resulting in the congestion of market transactions. The confidence index of bitcoin investors has declined. The price of bitcoin has fallen sharply in the past two years. However, recently, some technology applications, including lightning network, can rapidly improve the counting level of a single blockchain, and even increase the speed by 100 times. The market confidence of bitcoin is greatly stimulated. The price goes up
the reason of supply and demand
the economic reason of bitcoin's surge is that supply exceeds demand. The total number of bitcoin itself is only 21 million. With the "miners" working day and night, the proction of bitcoin is becoming more and more difficult, and the proction cost is also rising with the tide
because the total amount of bitcoin is limited, and according to its special program algorithm, the proction speed will graally slow down. At first, 50 bitcoins will be proced every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), it will be halved to 25 bitcoins every 10 minutes. When the total amount reaches 15.75 million (5.25 million, 50% of 10.5 million), the proction speed will be halved again, and so on, It reached its limit in 2140. Therefore, after July this year, the number of bitcoins proced per day may drop sharply from the current 3600 to 1800, with limited supply and increased demand. This is an important reason for the rise in bitcoin prices
market reasons
although the official definitions of bitcoin are different in different countries, including China, this does not affect the world's largest futures exchange to include bitcoin in financial derivatives trading. In order to speed up the specialization of bitcoin trading, digital assets are further listed as a new asset category of CME. The Chicago Mercantile Exchange (CME) announced in May that it will cooperate with crypto facilities Ltd to launch two bitcoin based financial procts, namely, the reference exchange rate (BRR) and real-time index (RTI). BRR and RTI will be beta tested in the third quarter of this year, and are expected to be listed in the fourth quarter
the Chinese behind bitcoin