Will Ethereum break through $10000
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called Ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.
There are many views on the reasons why bitcoin fell below $10000 this time, some people in the instry said: "maybe it's a good play prepared by the main force to commemorate the 94 event in advance." more people think that the withdrawal of OTC funds by mining of defi (decentralized Finance) may be one of the main reasons for the current round of decline. However, there are also views that the main reason for the decline of bitcoin is e to the market smashing by the makers
according to the website of coinmarketcap, in the early morning of September 3, bitcoin dropped more than 10% in the short term. At one time, bitcoin fell below the US $10000 level, and the lowest fell to US $9960, which was a new low since July 27, with a 24-hour decline of 9.98%. At present, bitcoin has rebounded to US $10302. At the same time, cryptocurrency declined collectively, and most of the top ten popular currencies in market value, except stable currency, fell by more than 10%
However, e to the special date of bitcoin's decline and the foreshadowing of the decline in the previous two days, some people in the instry said: "maybe it's a good play prepared by the main force to commemorate the 94 event in advance.". It is reported that the coin circle 94 incident originated from September 4, 2017, when seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, officially calling for the suspension of ICO (initial token issuance) financing, which was regarded as an important watershed in the history of China's digital currency speculationhowever, it is not the tradition of the coin circle to fall every festival. On the decline of bitcoin this time, more people think that the withdrawal of OTC funds by the mining of defi (decentralized Finance) may be one of the main reasons for this round of decline
however, there are also views that the main reason for the decline of bitcoin is e to the market smashing by the makers
KOL, an analyst known as the trend maniac of digital currency, pointed out that there have been a large number of smashing orders in the exchange recently. When the currency price is around us $11770-11800, the exchange's large investors mp goods at US $11750 in 500btc, and all the orders are instantly eaten by the brick moving robot, about 4000 coins are smashed
extended data
mining of DEI (decentralized Finance) and withdrawal of over-the-counter funds are the reasons for the current round of decline.
Wu Gang, founder of bitcoin wallet letter, publicly said on the social platform that the market decline is the "blood sucking" of the defi (decentralized Finance) project, and gave an example of sushi project, which has soared 100 times recently
Kang Lu, a senior researcher of fire coin Research Institute, said to the analysis of interface news that the recent hot spot of digital currency is not in the bitcoin market, but the prosperity of the overall digital currency market caused by the graal prosperity of the decentralized financial market in Ethereum ecology and wave field ecology
it can be seen from the fact that the trading volume of decentralized exchanges has reached 6% of that of mainstream exchanges. In addition, at the beginning of September, the 24-hour trading volume of uniswap, a decentralized exchange, reached US $441 million, surpassing the head centralized exchange coinbase Pro for the first time
1、 In 2009, there were 9.8424 million hectares of natural grassland in Altay, Xinjiang, accounting for 83.4% of the total land area, of which 7.2393 million hectares were available, accounting for 14.5% of the total grassland area in Xinjiang. Seasonal grazing grassland is the main part of natural grassland. Rotation grazing of grassland according to season has always been the management mode of grassland animal husbandry in Altay region. The grassland in the whole region is basically rotated by summer pasture, spring and autumn pasture and winter pasture, and only Kanas small area is rotated by summer pasture and winter spring and autumn pasture
summer pasture: it is distributed in the cool climate of the mid alpine zone, mainly using subalpine meadow, alpine meadow and alpine grassland type grassland, and the utilization time is about 3 months
spring and autumn pasture: spring and autumn pasture is distributed in the mountains of the middle mountain zone, mainly using temperate meadow and temperate grassland in the mountains, and the utilization time in spring and autumn is about 3 months
winter pastures: most of them are distributed in the plain desert area with warm water shortage in low altitude basin, and a few are located in the leeward and sunny section of low mountain and inversion zone, and the utilization time is about 6 months
the grassland in Kanas small forest area was rotational grazing in summer and winter, spring and autumn. Winter, spring and autumn fields are distributed in the meadow belt of Zhongshan Mountain with mowing conditions. They can be used in winter, spring and autumn, and the utilization time is as long as 9 months. The area and carrying capacity of grazing grassland in different seasons in Altay area (table 6-15)
Table 6-15 area and carrying capacity of seasonal pastures in 2009 in Altay area source: data from animal husbandry department of Xinjiang Uygur Autonomous Region, 2009
the area of seasonal pastures among cities and counties in Altay area also varies greatly. The carrying capacity of spring and autumn pasture is 6.3 times that of summer pasture, and that of winter pasture is 10.6 times that of summer pasture. In summer, the grassland livestock of Jimunai county were scattered to the summer pasture of Altay City, burjin county and Habahe County, while in winter, the livestock of the above three counties were herded and overwintered in the winter pasture of Sawuer mountain in Jimunai county
In terms of animal husbandry, Altay is a large agricultural economic zone dominated by grassland animal husbandry, with 7.2393 million hectares of grassland available in four seasons, which is one of the main animal husbandry bases in Xinjiang. The livestock resources in Altay area include Kazakh native breed horse, white headed cattle, Xinjiang brown cattle, Simmental cattle, Chinese Holstein cattle, Kazakh horse, Xinjiang (Northern Xinjiang) Bactrian camel, Altay sheep, Xinjiang (Northern Xinjiang type) white cashmere goat, Xinjiang Qinggeli cashmere goat and Xinjiang West fine wool sheep. Altay fine wool sheep is the main livestock species in the livestock structure in this area, In 2008, there were 2.4984 million in stock, up 19.82% year on yearin 2005, the maximum number of livestock in Altay reached 5.2823 million, and in 2010 it was 4.3348 million, which was 1.9 and 1.6 times of 1978 respectively, showing a rapid growth trend, but also weakening the carrying capacity of the grassland in Altay (Fig. 6-2). In 2010, the output value of animal husbandry in Altay was 2.197 billion yuan
Fig. 6-2 the change of the maximum livestock raising amount in Altay from 1949 to 2010 is the development period of animal husbandry in Altay from 1949 to 1965. The maximum livestock raising amount increased from 432200 in 1949 to 3167900 in 1965. The characteristics of this period are that the maximum livestock proction continued to increase, and in 1955, it exceeded 1 million heads; In 1961, it exceeded 2 million and reached 2.257 million
From 1966 to 1986, it was the period of platform development. During this period, the maximum number of livestock raised increased and decreased, but remained between 2.27 and 2.47 million. In 1982, the highest number of livestock was 3.4732 million. During this period, the average was 2.88 million There was a rising period from 1967 to 2005. The maximum number of livestock raised increased from 2.827 million in 1967 to 5.2823 million in 2005. Although it declined slightly in 1993 and 1994, it has been on the rise since then From 2006 to now, it is a declining period. The characteristic of this period is that e to the limitation of the carrying capacity of the original grass and the adjustment of the structure of animal husbandry in the region, the maximum amount of animal husbandry has been decreasing. In 2006, the maximum number of livestock raised in Altay was 5.1971 million, which decreased to 4.3348 million in 2010. It can be predicted that the maximum livestock proction will decrease by 2020, and finally reach the average value of the platform development period from 1966 to 1986, which is about 3 million Second, the characteristics of animal husbandry in Altay areaAltay area is a pure animal husbandry area, with vast grassland area, large usable area, excellent forage quality, large proportion of medium and high-grade forage species, less poisonous grass and non herbivorous grass, and more than 95% of all kinds of forage, with high utilization rate of forage
the grassland in the whole region was in a state of diversity, in which the area of plain desert grassland was the largest, accounting for 60.65% of the total available area, and the unit proctivity was the lowest, which was 1.76 HA / sheep; The minimum area of alpine steppe is 53 hectares; The highest proctivity of Lowland Meadow and plain swamp is 0.12 HA / sheep. According to the utilization pattern, there are four types (table 6-16). The winter pasture area is 3.4552 million hectares, the spring and autumn pasture area is 2.625 million hectares, the summer pasture area is 1.058 million hectares, and the spring, winter and autumn pasture area is 165900 hectares
Table 6-16 area and stocking capacity of four seasons pasture in 2008 in Altay area
data source: Animal Husbandry Bureau of Altay area, 2009
it can be seen from table 6-16 that winter pasture and spring and autumn pasture are 3.4 times and 2.56 times of summer pasture respectively according to available area, while theoretical stocking capacity is only 77.00% and 59.00% of summer pasture. In winter and spring and autumn, the number of pastures is very small, and the carrying capacity is also small. Summer pasture is the advantage and potential of this region, but it can only be used for 80 days in a year; Although the area of winter pasture is vast, it is short of water, the grass quality is poor, and the natural conditions are bad; Due to overgrazing and overgrazing, grassland degradation in spring and autumn pasture needs to be improved
from the grazing point of view, on the one hand, the four seasons pasture is very unbalanced, the winter pasture is 77.00% of the theoretical carrying capacity of the summer pasture, the spring and autumn pasture is 59.00% of the theoretical carrying capacity of the summer pasture, and the winter spring and autumn pasture is only 4.00% of the theoretical carrying capacity of the summer pasture. On the other hand, e to the sparse and low grass layer in winter pasture, livestock can not eat in every snowy year, "strong in summer, fat in autumn, thin in winter, dying in spring" and "yield rection in case of disaster" have become insurmountable barriers for nomadic proction
To sum up, the basic characteristics of animal husbandry in Altay area are grassland grazing, animal husbandry, grazing by water and grass, raising livestock by the sky, grazing and management of proction activities with seasons, which have strong regularity and dependence on nature. The balance degree of grassland in four seasons, the quality of grassland, the amount of grass stored and the climate directly affect the development of animal husbandry (1) grassland degradation is serious and overload is excessive.
e to the change of climate conditions, the impact of human proction activities, the increase of livestock carrying capacity per unit area and the lack of scientific grazing management, the ecological balance of grassland has been seriously damaged and the contradiction between grassland and livestock is sharp (table 6-17)
In addition, according to a special report entitled "fission of Altay Grassland" in Altay daily on November 12, 2009, the theoretical carrying capacity of natural grassland is 9.54 million sheep units. At the end of 2009, the actual carrying capacity of Altay area was 16.88 million sheep units, and 7.34 million sheep units were overloaded, with an average overload rate of 75%. The available area of summer pasture is 15.24 million mu, which can carry 4.73 million sheep units. The existing livestock is 6.59 million sheep units, and the overload rate is 39.00%; The spring and autumn pasture has a usable area of 39.04 million mu and can carry 2.49 million sheep units. At present, there are 6.17 million sheep units and 3.68 million sheep units overloaded, with an overload rate of 148%; The available area of winter pasture is 51.83 million mu, which can carry 2.31 million sheep units. The existing livestock is 4.12 million sheep units, and the overload rate is 71%. 79.34 million mu grassland has been degraded to varying degrees, with the degradation rate of 73%. The degradation rates of summer pasture, spring and autumn pasture and winter pasture are 58%, 89% and 72% respectively, of which 44.3 million mu are seriously degraded, accounting for 40%
Table 6-17 situation of grassland overload and degradation in Altay in 2009
note: summer pasture and spring and autumn pasture are calculated by the highest feeding amount, and winter pasture is calculated by the number of stocks at the end of the year
data source: Bureau of animal husbandry of Altay region, concted a comprehensive grassland resource survey in 2009
2007, and the number of main 9 grassland categories did not decrease, However, the biomass, height and proportion of excellent forage decreased significantly, especially in mountain meadow, meadow steppe, mountain steppe and grassland desertification (table 6-18, table 6-19, table 6-20). The grassland area in mountainous area is about 25% of the total grassland area in the whole region, but the actual carrying capacity of grassland is as high as 57.00%
Table 6-18 comparison of biomass and height of serious degradation area in 1982 and 2007 according to the data of Animal Husbandry Department of Xinjiang Uygur Autonomous Region, 2009
Table 6-19 comparison of biomass and height of mild degradation area of grassland from 1982 to 2007
data source: data of Animal Husbandry Department of Xinjiang Uygur Autonomous Region, 2009
Table 6-20 main grassland types in 1982 and 2007. According to incomplete statistics, ring the 20 years from 1969 to 1989, the valley forests of the ulungu River and the Erqis River Basin decreased by 487000 mu, and still decreased at the rate of 10000-20000 mu per year in 2009. At the same time, in order to expand the area of cultivated land, farmers and herdsmen cut down the trees around the farmland. In addition, livestock gnaw on branches, bark and tree seedlings, resulting in the continuous decline of the natural regeneration ability of the forest and the decreasing of the forest area. Affected by the abnormal climate, the snow line rises, the glacier melts, the groundwater level drops, the secondary forest in the valley dies in large area, the area of wetland in the region declines sharply, the function of forest water conservation declines, the precipitation in the whole region decreases significantly, the grassland fire and forest fire happen year after year, and the biodiversity is seriously damaged
In Altay area, there are many natural disasters in the proction of animal husbandry. The proction of animal husbandry is still extensive and depends on the weather to raise livestock. The situation of livestock "full in summer, fat in autumn, thin in winter and starved to death in spring" has been in a vicious circle. The shortage of forage in winter and spring has resulted in the low disaster resistance ability of animal husbandry proction, especially in the case of natural disasters such as gale, snow disaster and drought, resulting in the shortage of forage storage, resulting in a passive situation of big disaster and small disaster (3) it is easy to be damaged by insects and rats, and it is very serious. The area of locust and rodent infestation is over 133300 hectares every year, accounting for more than 15% of the total grassland area. Among them, the area of locusts is more than 53300 hectares. In some areas with dense rodent holes, the holes are connected, and the ground is mined out, and the grass and shrub plants on the ground are withered In 2009, the total area of grassland with water shortage and serious water shortage was 6.0388 million hectaresno matter which country's currency is, it is not just a piece of paper. Behind it is the corresponding gold or silver or crude oil, which can only be issued with us dollars as the corresponding hard currency reserve,
otherwise, anyone can print money, And it can be printed infinitely, but once it is linked with gold, silver and other hard currencies, it can't be printed casually. Once it is printed casually, it will rece the purchasing power of domestic currency.
to sum up, bitcoin, which is purely used to cut leeks, must not participate in the game, and it will die miserably Because it doesn't have any hard currency or corporate endorsement,)
because it can declare bankruptcy and collapse at any time, or plummet to a point you can't imagine, which can make you lose a lot at once.
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

