Rise and fall curve of digital currency

1. How does network gold increase in value? As a kind of encrypted digital asset, network gold itself has the value-added attribute based on permanent scarcity and unlimited demand. In the Internet environment, network gold realizes value-added through Internet users' transactions and commercial circulation. On May 16, 2014, the EGD launch price of network gold is 50 yuan per piece, up to now, it has appreciated to 436 yuan per piece, With the continuous participation of Internet users and the continuous promotion of businesses, the price increase has accelerated significantly. The customized EGD super launched on November 2 with a price of 1 yuan, increasing about 8 times a year.

2.

1. Digital money supply:

for example, the supply of bitcoin may be limited (21 million), which is expected to be fully exploited by 2040, but even so, the availability of money will fluctuate with the speed of its entry into the market and the activities of its holders

2, the value of the digital currency: the value of the

digital money market and the expectation of its currency will affect the behavior of traders, choose to participate in a blowout market or short bubbles. p>

3. Negative reports:

any currency will be affected by the public perception, especially digital currency. Even in its heyday, its security, currency value and currency circulation have been questioned

4. Resource integration:

establishing the image of digital currency and building the confidence to defeat traditional currency depend on its integration with new payment system and crowdfunding platform

5. Instry acceptance:

bitcoin and other digital currencies have not been widely accepted by global enterprises, and the impact of placing it in a more important position in enterprises is unknown

6. Key events:

any major event, including regulatory changes, security loopholes, macroeconomic setbacks, may have a serious impact on cryptocurrency

extended data

monetary characteristics:

as a non fully circulating asset, the strong price of digital cryptocurrency must be supported by reserves; The price fluctuation depends on the real-time transaction demand of bitcoin to legal currency

the biggest feature of digital cryptocurrency is that it is global. No matter where you are, of course, the human beings in the Mars bunker outside the earth have no problem. As long as you can log on to the network, you can freely control your own assets within the scope of the global network, which is safe and convenient. The assets in an address can be controlled independently or jointly (multi signature smart contract)

3. The rise and fall of digital currency depends on the overall situation of the market, the price of large orders and the progress of the project side. Digital currency has a special purpose for investors, such as silktrader. Coin circle is all-weather, there is no closed market or closed market, 24 hours can be carried out.

4. Set the currency length, how much do you increase? How much is the limit of drop? It depends on the market every day. It doesn't mean you can go up as much as you want

5. Digital currency K-line chart, you can go to the bitnet exchange to view, as for technical analysis, there will be professional analysts to guide the operation.

6. Any time period represents the same thing. There is no difference. The more subtle the time amplitude is, the greater the amplitude will be. With the increase of the number of transactions, the price will infinitely approach the real price curve of the market, so the larger the time is, the shorter the price curve will be.

7. There are many factors that can affect the price of digital currency, which can be summarized as follows:

1. The factor of investment supply and demand is actually not independent, and investors' demand for digital currency is also affected by various news factors. However, from the price surge of last year, in the absence of obvious policy and other news, The admission of investors and investment institutions will also promote the price growth

2. Policy factors are also important factors affecting the price of digital red packets. In the past, the implementation and formulation of policies in South Korea, Japan, the United States and China have affected the price trend of bitcoin

3. The real financial factors and the instability of the real financial world make the demand for digital assets rise from time to time. For example, the Chinese government's policy adjustment, the brexit of the UK, the setback of the global stock market at the beginning of 2018 and other events all give play to the hedging characteristics of digital currency

4. Technical factors. Although the security of digital currency has been highly respected in its development, several technical crises still occurred in its development history. For example, bitfinex, the largest bitcoin dollar exchange, was attacked by hackers and stole 120000 bitcoin, and bitcoin fell by 25% in the following six trading days

5. Good news and bad news will affect the fluctuation of currency value

6. The market trend will be affected by the actions of the leading enterprises in this field, platforms, digital currencies with large market share, leaders with great influence in the market, etc

besides, choosing a good project can avoid risks to a certain extent. For example, HNB, the next generation of decentralized blockchain economy, is a reliable project. It relies on the real economy, and at the same time uses value exchange to continuously create endogenous value. It uses blockchain to build an economy, so that everyone can participate in it and get returns through labor, instead of relying on currency speculation.

8. The algorithm of each trading platform is different, which should be calculated according to the platform
some platforms are calculated by 24 hours, some by day, and some by average price. Specific algorithm or to ask the relevant trading platform, this is no standard answer
there are risks in digital currency investment, especially since digital currency has recently entered a bear market, investment should be more cautious. It is better to invest in mainstream digital currencies such as bitcoin, bitcoin cash and wikilink, which have passed the test of the market.