When does Ethereum get $2W

1. 2020 is the first year of proction rection. Everyone turns to BTC, BCH, BSV and other currencies. However, you forget eth. As the king of the public chain, ETH will usher in the big upgrade of 2.0 super version in 2020, switching from the pow mechanism to the POS mechanism. In addition, it will face proction rection in March next year, and its circulation will be reced by 10 times. Its impact is no less than that of bitcoin proction. Since the beginning of the year, the trading volume of eth has grown explosively, and the institutional capital has poured in to preempt the layout. However, the current price of eth is only 260 US dollars. With many super favorable blessings, the market expects eth to usher in a super bull market< In theory, the circulation of next year will be reced by 10 times. In theory, the current price of eth is 260x4 = US $1040 (upgrade + expected price after proction rection)

ring this period, the return comparison between holding spot and ETF fund is as follows:

1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund makes 12 times of profit, Up to 30 times (intelligent position adjustment + fund compound interest calculation)

there is no doubt that the Ethereum ETF launched by bitoffer is the best investment choice!

2.

1. The price of BTC and eth you see on this platform is not the real price against the US dollar, but the price in usdt, which is priced in OTC legal currency. Their ups and downs are all calculated in terms of usdt. All three of them are virtual currencies, just currency transactions, not real dollar prices

2. Usdt is a complete domestic counterfeit currency, formerly known as realcoin, but it has just changed its name. Realcoin is the second generation of domestic counterfeit currency, and the first generation is called chncoin Chinese currency. Both of them collapsed successively in 2013 and 2014

3. The actual value of usdt can be said to be equal to 0. Teda Company, which issued usdt, stopped providing any services to American citizens, that is to say, Teda Company could not provide usdt to us dollar

extended information:

1. Fire coin is a safe and reliable bitcoin trading platform in China. It has won a round of ten million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia capital (shareholders of many world-famous companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan

2. In the future, fire coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station. Among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services

3. On July 22, 2019, bitcoin opened at $10715.1
Ethereum will open at $225.03 on July 22, 2019.

4. Currency exchange
1 RMB = 0.1581 USD
1 USD = 6.3265 RMB

5.

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

extended information:

in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

6. Because it's in and out of US dollars. Now if you really want to hold bitcoin, you have to do TCC. After all, it's a waste to buy bitcoin and put it there. This team should be the largest one to recommend Chinese first system.

7.

I think the first reason why Ethereum has been setting new records is that it has a lot of capital

the second reason is that many ordinary people have paid attention to virtual currency . These ordinary people have strong purchasing power, and they may have been speculators in stocks or funds before. When they find that the virtual currency is rising well, they will bring a lot of money into the market. The admission of these ordinary people will increase more capital admission, because in the view of capital, these ordinary people are a crop of leeks

the third reason is e to the soaring price of bitcoin, bitcoin is now rising very rapidly, from $20000 a bitcoin in 2020 to $60000 a bitcoin now. It's terrible. For a lot of capital, they can't speculate on bitcoin. Because bitcoin's plate is too big, they have to go back and speculate on Ethereum

first, a large amount of capital has entered the market

at present, the global economy is not very good, there are not many things that can be invested, and the global currencies are devaluing and inflating for a lot of capital, their money will depreciate one day if they hold it in their hands. They need to invest their money. At this time, they find that the virtual currency can keep the value and will not inflate. At this time, there will be a lot of capital, with a lot of money to buy Ethereum. When a lot of people go to buy Ethereum, it is normal for Ethereum prices to rise

8. July 22, 2019
bitcoin
opening price
US $10715.1
Ethereum will open at $225.03 on July 22, 2019.