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Current market value of digital currency

Publish: 2021-05-07 18:14:40
1. In 2017, the total market value of global digital currencies once exceeded US $600 billion, with an annual maximum increase of 3497.98%. The types of digital currencies increased to 1334, achieving explosive growth in terms of both the total market value and the number of currencies. According to the development route of global digital currency, digital currency can be divided into: 1. Currency type represented by "bitcoin"; 2. Decentralized application development "platform" type represented by "Ethereum"; 3. Various decentralized "application" types
2. It has recovered. The market is sluggish at the beginning of this year, but now the top 10 mainstream digital currencies have risen sharply. But these two days there are small shocks, you can take the opportunity to bottom. Platform currencies such as HT are more value preserving, and if they can resist a decline, they will soar, so now let's start while the price is still low.
3. The current digital currency market is bleak, but it is optimistic in the long run. The following excerpts are from Babbitt community:
historically, the trigger of the bull market in 2011 was the report of Forbes magazine, while the trigger of the bull market in April 2013 was the Cyprus government's tax on deposits of more than 20000 euros. Some people think that the trigger of the bull market in November 2013 was CCTV's report on Canada's first bitcoin ATM and the US national debt crisis

although I can't predict which event will trigger the next bull market, the following candidates have great potential:

1. Inflation in Argentina or Venezuela will trigger the financial crisis. These two Latin American countries are suffering from severe inflation now. Once the financial crisis is triggered because they can't pay off their foreign debts, it is bound to lead to the devaluation of their currencies. Buying bitcoin to keep their value may become a choice for some people

2. The bitcoin fund of winkleworth brothers is officially listed. At present, it is still difficult for the United States to buy a large amount of bitcoin, which makes it inconvenient for some large institutions that look like bitcoin to enter, and bitcoin fund can eliminate this threshold. After all, the total market value of bitcoin is about US $8 billion. Once the purchase is no longer a problem, only a few hundred million US dollars can create a new bull market

3. Super heavyweight large multinational companies announced to accept bitcoin payment. Since the beginning of this year, bitcoin has been accepted by several well-known large companies, but Dell, the largest company with a market value of less than 70 billion US dollars. If one of Amazon, Google, Facebook, apple or even Wal Mart announces its acceptance of bitcoin, the shock will be quite different. Some people who have heard of bitcoin but are skeptical about it are likely to change their mind, which can also make many people who laugh at bitcoin for not buying anything shut up

4. After further research, Li Jiacheng decided not only to invest in bitcoin related companies, but also to buy bitcoin directly. It's still very easy to buy money in Hong Kong. Li Chaoren only needs to spend 5% of his wealth to buy money, which is enough to set off a bull market. This is not the money to follow suit because of its demonstration effect. Of course, it doesn't have to be Li Ka Shing, any super rich can

5. The collapse of Portuguese banks triggered the national debt crisis, and the Portuguese government issued a tax policy on deposits, which was repeated in April 2013

6. The truth of Malaysia Airlines mh17 came out and was shot down by Ukrainian Pro Russian forces. Europe and the United States decided to further increase sanctions against Russia. In order to counter it, Russia declared bitcoin legal and encouraged it to be used in international trade

7. A leader of Iran, North Korea or Cuba finally came to his senses and decided to trade with bitcoin to circumvent international sanctions. Personally, I'm optimistic about three fat people. I'm also a post-80s generation.
4. The market value of digital currency is equivalent to the market value of stocks in circulation, which is calculated by multiplying the market price of digital currency by the quantity in circulation. The formula is: market value = current price of digital currency * quantity in circulation
generally speaking, the market value is determined by the quantity in circulation rather than the total circulation. Because circulation quantity can better measure market value. The locked and predetermined ones can not be sold on the open market, which will not affect the currency price, so it will not affect the market value. The method of using circulating quantity is similar to using circulating shares to determine the market value of traditional investment
at present, the market value of bitcoin has reached more than 70%, occupying an absolute dominant position, while the market value of other currencies is declining. In the long run, the market value of the whole digital currency is growing. If we can seize the opportunity, we will get rich returns.
5. 500 kinds
6.

7. The market of digital money will graally return to rationality. Junk money, air money and pyramid selling money will be eliminated. It's no wonder that the leeks who speculate irrationally and blindly are cut. In this revolutionary movement, people need to bleed, and the ox people will surely get glory
it's not surprising to know the market rationally and choose the value currency, even if it has increased 100 times in 18 years, because it's your honor.
8. What does it mean to set the entered market value of currency? Just like a stock, digital currency can be traded in the whole network exchange in the form of stock
9. Go to their official website, free video.
10. It can be found on the navigation website btc123 of the coin circle

the top digital currencies in terms of market value and influence are bitcoin, Ruitai, Laite, ether, doggy, Ruibo, etc.
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