Guess the rise and fall of digital currency

1. How to use the three technical indicators to understand the rise and fall of bitcoin

coincola coying Cola
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how to use the three technical indicators to understand the rise and fall of bitcoin
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recently, "bitcoin broke through $8000" has been on the hot search. For a while, bitcoin rose, reborn rose sharply, and Ethereum led the rise... A week later, this big play dominated by bitcoin didn't seem to come to an end, and the trading volume was once pushed up to 100 billion US dollars

in the investment world, "madness" and "fear" coexist. Today's "madness" stems from last year's long-term "fear". However, this time, coincola Cola Research Institute tracks and analyzes the technical indicators behind the rising market, and deconstructs the "passion" of the market with the "rationality" of data< (1) mining and bitcoin price

start with the relationship between mining and bitcoin. The core technology of bitcoin is "blockchain", which is connected by blocks. Each block corresponds to a bill. All transaction information and transfer records of bitcoin are recorded on the blockchain. Every other point in time, the bitcoin system will generate a random code on the system node. Due to distributed accounting, all computers on the Internet can search for the code. Whoever finds the code will generate a block and then get bitcoin. This process is mining. Calculating this random code requires a lot of GPU operations, so miners need to use mining machines with massive graphics cards to make profits

1. Bitcoin computing power: starting to pick up

remarks: June 2018-may 2019 bitcoin hash value

data source: bitcoin visual, coincola Research Institute

the above figure shows the bitcoin hash value. The hash value of the bitcoin network represents the computing power of the blockchain. The growth of computing power means that miners increase mining investment or increase the number of miners. Since the second half of 2018, the hash value has recovered from falling back to picking up, from 32eh / s at the end of the year to 50eh / s now, and the recent growth trend is remarkable. The continuous growth of bitcoin hash value (representing computing power) indicates that the market is optimistic about the future of bitcoin

2. Mining difficulty: stepped up

remarks: bitcoin difficulty from June 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the figure above shows bitcoin difficulty. Since 2019, the difficulty of bitcoin mining has increased in a step-by-step manner, from the low 5T to the current 7T. It can be seen that the rapid rise of bitcoin in this round has reced mining costs and increased market entry personnel. The increasing difficulty of mining means that there are profit opportunities in cryptocurrency market, and the market is generally optimistic< (2) the number of active addresses and transactions on the chain are important indicators reflecting the activity of cryptocurrency, which are highly correlated with the price of cryptocurrency

1. The number of active addresses on the bitcoin chain: a straight line rise

remarks: the number of active addresses on the bitcoin chain from June 2018 to may 2019

data source: coinmetrics, coincola Research Institute

active addresses refer to the addresses where transactions have taken place every day, that is, how many independent addresses conct transfer transactions on the chain every day. Since 2019, the number of active addresses on the bitcoin chain has been rising, especially in recent years. From 540.60143k in January to 832.592k now. It shows that the rapid growth of active users of cryptocurrency is a very positive signal for the market

2. The number of transactions on the bitcoin chain: continued to rise

remarks: the number of transactions on the bitcoin chain from June 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

since 2019, the number of transactions on the bitcoin chain has continued to rise, from 235k in early 2019 to 374k now. Moreover, since April and may, after two rounds of sharp rise in the price of bitcoin, the number of transactions on the chain has remained at a high level, even showing signs of a short-term surge< (3) lightning network and bitcoin price

in essence, lightning network adds a layer to the basic layer of bitcoin blockchain in order to make the transaction fast and cheap. With the existence of lightning network, users can remit money to each other at any time and pay very little. Lightning network represents not only the technical level of bitcoin, but also the important basis of bitcoin value

1. Lightning network nodes: rapid growth

remarks: bitcoin lightning network nodes from January 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

the test version of lightning network started on the bitcoin main network on March 15, 2018. The number of lightning network nodes was only 64 at the beginning of 2018 and increased to 2329 at the end of 2018. Since 2019, the number of lightning network nodes has increased rapidly, and now it has reached 4289. In less than half a year, the number of nodes has doubled. The continuous expansion of nodes indicates the continuous upgrading and development of bitcoin lightning network technology, which is an important indicator of bitcoin price

2. Lightning network capacity: speed up

remarks: bitcoin lightning network capacity from January 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the data above shows that as of May 15, 2019, bitcoin lightning network capacity has increased to 1039 BTC, equivalent to 833usd, while at the beginning of 2019, it is only 504btc, Lightning network capacity doubled, and the growth rate accelerated. This means that the expansion of bitcoin has been well solved in lightning network technology, which will help keep the payment channel active and effectively support the functional application of bitcoin

the performance of mining, chain trading and lightning network is closely related to the price of bitcoin. On the one hand, the rise of bitcoin price acts as a catalyst to stimulate its performance in mining, chain and lightning network; On the other hand, mining, chain trading and lightning network are the important cornerstone of bitcoin price trend and the important basis of bitcoin price expectation<

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yesterday, he discussed bitcoin with people, and then suddenly found that the surge brought by the listing of futures may be the pit g by some big institutions, Bitcoin could collapse shortly after CME's CBOE listing. After the listing, the price will maintain a certain stability in a certain range

2. In order to make money, many small businesses connect the price trend of bitcoin to the software, allowing customers to buy up or down within a specified time; Let's take a simple example: at 11:35, the price of bitcoin is 100 yuan, and customers buy it up by 1 minute; One minute later, as long as the price of bitcoin is higher than 100 yuan, the customer will win and make a profit according to the odds.

3.

First of all, we need to know what digital currency is. Digital currency is characterized by decentralized transaction currency. The most famous is bitcoin. However, digital currency has not been recognized by China in recent years. Recently, China plans to issue China's digital currency DCEP, or DC for short. Digital currency itself is currency. When you ask how to make money, you are actually asking, How does money make money? In fact, there are many channels. First, we will have funds in the later stage to conct private placement of digital currency. Second, how do we usually earn RMB? Now, when we promote the use of digital currency in China, we will use digital currency to earn money

as a digital currency, in fact, what China issues is similar to legal currency. The purpose of legal currency is to stabilize the RMB, which should float up and down 1:1 per second. According to different exchange rates, DCEP: usdt will float up and down 7:1. In the later stage, it may be 1:1 according to China's increasing competitiveness, which is also graally declining in recent years

as a digital currency, if you want to make money, there are many ways. Major exchanges can convert it into different digital currencies. Other digital currencies may not be as stable as usdt and DCEP, and the price will keep rising and falling according to the demand. At this time, we can buy and sell stocks in a similar way to earn the price difference, If you don't enjoy it, many digital currency exchanges provide contracts, which can buy and sell multiple times, or be bullish or bearish, or even hundreds of times at most. Many people get rich through this way, but there are also many people who lose their property. In addition, this kind of exchange will make your currency return to zero in a way, We should be wary of many such exchanges running away - refer to the second largest exchange checked OK exchange

in addition, as a national form of digital currency, there should be short positions. For example, China's state-owned enterprises carry out digital transformation to form community-based currency, which may be airdropped according to the DCEP they hold. This is my guess

in addition, defi's liquidity mining, commonly known as market making, is more popular now. In the later stage, it may replace the exchange. Everyone is an exchange and can charge a handling fee

4.

It's a kind of virtual currency that attracts a wave of people to reap, and then it slowly exits. How can it reach a new high? There aren't so many idiots

1. When bitcoin is fried to $150000, a drop of $12000 seems insignificant, but this is not the final price limit< p> Bitcoin has only technology cost and service provider cost, and other things are fried. It has no so-called privacy ring the period. There are many similar mining activities, but it is the first to get up, so it is in the lead, and after other mining activities are yellow, it is still strong and can be fried higher and higher

the people who defend the legal line are much smarter than the people who want to play with the virtual currency. Why not put them in? It's because we are afraid that we will become others' leeks, but some of us have & lt; Society limits him to make money; My heart. Let me just ask you a question: if you have a lot of capital, you have 200 billion US dollars, will you take the opportunity of bitcoin's fall to buy it crazily, and then you will be able to understand what it is worth

5. It's very simple to trade virtual currency contracts. Usually, you trade at home on the hmcfd website of Huangma, and you can operate on its mobile phone when you go out. After a month, you can earn a lot more than your colleagues

7. Leverage token is erc20 token with leverage function, which represents digital assets with leverage position and can be traded directly in FTX spot market with USD.

8. This is a sale and purchase contract signed by investors and brokers or banks. The purpose is to earn the price difference of this financial proct e to future fluctuation. However, this contract does not involve the transaction of any physical proct, that is to say, investors do not really own this financial proct. Theoretically, contracts for differences can be made for all procts with fluctuating prices, such as foreign exchange, precious metals, futures and stock indexes of various countries
CFD adopts margin operation mode. Investors can get a relatively large trading amount with less capital. For example, if investors use 100 times leverage to trade, they can trade with a face value of $100000 with a principal of $1000. The greater the leverage ratio, the more profits investors will get and the more risks they will bear. Therefore, investors should do what they can in trading.

9. Binary option is a gray field, which is often checked, run away, and come back after bankruptcy. Investment is not recommended
the binary option usually refers to some micro disk, gambling up and down, gambling right, making 70, gambling wrong, losing 100. It's open once a minute. It's no different from gambling. Basically, we lose money in the end. A lot of people are attracted by the participation of small funds, holding the mentality of playing, even if the loss is not much and participate, the final result is the loss of money. After that, investors also felt that the loss was not much and they could accept it
real investment and financial management should be a long-term profit-making process, not a gamble. Investment needs to be invested before it can be harvested, which is the same as doing business. Investment needs to rely on technical analysis to determine the future trend, so as to keep up with the trend and make profits. Micro disk has been separated from the scope of investment and belongs to gambling. If you really want to make a good investment, I suggest you choose other investment procts. In addition, you need to have a certain economic foundation and risk tolerance. If you don't have enough money, I suggest you don't invest in micro disk. This is meat steamed stuffed bun and dog beating. There's no way back. I hope my advice will be useful to you, thank you
hope to adopt it, thank you