Why did digital currency soar in 2017

1. Money is like this: when it is saturated, it will fall; when it is unsaturated, it will rise,

2. Digital money has quietly entered many people's lives, ranging from the digital savings fund in the bank to the shopping fund in a certain business. And the possibility of legal or official issuance of digital currency has not started from today. With the rise of blockchain technology, legal digital currency has become a key research field of central banks in recent years. Central banks in Britain, Canada and other countries have indicated that they will set foot in this field and put forward their own plans. As early as January this year, the central bank held a seminar on digital currency and said that it had set up a special research team to strive for the early launch of the digital currency issued by the central bank. In fact, since 2014, the central bank has set up a special research team to conct in-depth research on the framework of digital currency issuance and business operation, key technologies of digital currency, issuance and circulation environment, and legal issues.

3. What drives bitcoin to soar
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".

4. A large part of the reason for the surge is caused by the current investment environment
new things will always attract the pursuit of unknown people, which is the key point
next is the key blockchain technology behind digital currency, which subverts the Internet at present
as for the era you said, it's still early. At least bitcoin has erupted, and other digital currencies have yet to be verified!

5. Well, I have the full version. Click on my avatar~~

6.

Why does the central bank issue digital currency? There may be the following reasons:

1. It helps to lower the threshold of financial services and better promote economic development

recently, the State Bureau of statistics released the relevant economic data in 2015: GDP growth in 2015 was 6.9%, a new low since 2009. Among them, the contribution rate of financial instry to GDP was the highest, with a year-on-year increase of 15.9%; In the first quarter, the contribution of added value of financial services to GDP increased by 20%. Before, for example, from 2012 to 2014, the contribution of financial services instry to real GDP growth was less than 10%, which shows that in the case of economic downturn and the contribution rate of real estate instry to GDP was only 3.8%, the financial instry has become an important support for China's economic growth

in order to further promote the development of finance, on January 15, the State Council issued the development plan for promoting Inclusive Finance (2016-2020), which proposed to "actively guide all kinds of inclusive financial service providers to rece financial transaction costs and expand the breadth and depth of inclusive financial services by means of Internet and other modern information technology.". The digital currency based on blockchain technology has the characteristics of convenience, quickness and low cost. The issuance of digital currency helps to build a new financial infrastructure, further improve the payment system, improve the efficiency of payment and clearing, help Inclusive Finance, and promote economic upgrading

2. Help to rece money laundering, tax evasion and other illegal activities

"digital currency" is convenient for cross-border circulation, and has the characteristics of easy use, anonymity and instantaneity. The current "digital currency", such as bitcoin, can be purchased and traded anonymously through the third-party Internet trading platform, which is more hidden and difficult to be found, so it is often used to launder money

in addition, at present, there are many internal accounts in the domestic financial structure, which are very scattered and lack of a unified national account, so it is impossible to supervise the specific flow of each sum of money or the process of each transaction, giving opportunities for tax evasion, corruption and money laundering

in the future, with the application of blockchain technology, the issuance of digital currency will help to enhance the central bank's control over money supply and circulation, better regulate and supervise digital currency, improve the convenience and transparency of economic transactions, and rece money laundering, tax evasion and other criminal acts

It can better rece the cost of currency issuance and circulation. For example, the proction of RMB requires raw materials (paper), machinery, labor costs, etc. At the same time, as a special commodity, the proction, circulation and recycling of RMB need to invest huge human, material and financial resources to ensure safety. In order to better anti-counterfeiting, we need to constantly update the printing technology. Although digital currency also has the cost of anti-counterfeiting, compared with paper money, it is more convenient to issue and circulate, which can rece the high cost of traditional paper money issuance and circulation, and also better serve our virtual economy

in addition, foreign countries are increasingly accepting digital currency. For example, California in the United States has recognized the legalization of digital currency such as bitcoin. Russian President Vladimir Putin thinks that it is possible to use digital currency as a unit of account. The Bank of England has also considered issuing digital currency, which has laid a good foundation for the circulation of digital currency

7. Why does it go up after setting currency mapping? It's mainly because digital currency is concerned by a market, so it's called the president

8. Not all digital currencies will keep rising. Just look for valuable currency, not air currency!

9. The reason why digital currency fluctuates is that it is generally capital speculation, and the market is particularly vulnerable to external factors, such as hacker attacks

10. The digital market is red,

is because of the rising price.