Has Ethereum currency been reduced
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure whether it is the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no purchase value and can only be sold to others. I think it's a fraud.
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
as you know, with the rapid rise of the currency circle, the graphics card has changed into a "financial card", giving you eight words: "be careful to reload the machine" and bear the loss
1. What are the main reasons for this round of price rise of graphics cards
some people say that with NVIDIA's proction capacity and the price of virtual currency, you can't expect to have the original price card. It's not that the factory can't raise the price. People who are "mining" are waiting at the gate of the factory to increase the price directly. There's no reason not to sell it
in my opinion, the price increase of graphics card is mainly caused by insufficient chip capacity and the demand of coin circle mining<
1. Insufficient chip capacity
affected by the epidemic in 2020, the global chip supply chain is tight, and the capacity of graphics card chips is also insufficient, and the market demand exceeds supply, which leads to the shortage of graphics cards, the scarcity of goods is more expensive, and eventually the scarcity of graphics cards will soar all the way
2. The demand for coin circle mining is growing
just as Ethereum virtual currency rises from more than 800 yuan in early 2020 to nearly 8000 yuan by January 15, 2021, the main tool for mining is graphics card, which depends on multi graphics card calculation to obtain virtual currency. A mining machine needs at least 6 graphics cards, and at most 12 graphics cards or more
with the rising price of Ethereum virtual currency, Ethereum has huge profits. In order to get a large number of graphics cards, these "miners" are willing to increase the price to buy graphics cards, which leads to the shortage of graphics cards in the market< When will the graphics card shortage last
on February 24, the marketing department of jiahejinwei issued a "warning" about the shortage of wafer supply and the shortage of DRAM and nandflash chips for manufacturing memory moles and solid-state drives, which led to the rise of contract prices. Therefore, we can speculate that the price of memory will continue to rise in the first half of 2021, or there will be no price increase and no stock available
however, this is just a prediction. As for when the price increase of graphics card will end and how long it will last, no one is sure. If you want to completely solve the shortage problem of graphics cards in the market, there are only two situations at present:
the first situation is that NVIDIA and AMD official or chip foundry can increase the proction capacity of graphics chips, and launch professional mining cards to alleviate the shortage impact of mining on the market
or wait until the new card is released, the new card is not 3060 (2070), but 3050 or 1750. Anyway, it's a new card to replace the original 1650s and 1660, which are really entry-level sweet grade graphics cards. In particular, whether ADM can launch the new card as soon as possible to compete with NVIDIA
another situation is the collapse of virtual currency in 2018, and the prices of bitcoin, Ethereum and other digital currencies are falling all the way
if you really want cryptocurrency to have a "mine disaster", then they must continue to plummet for a period of time, so as to cause greater reaction. The retail miners leave the market, and a large number of mine cards flow into the second-hand market. Fewer miners buy graphics cards, and more players will be left. Miners selling cards will graally lower the second-hand price, and graally both the new and second-hand prices will come down
I don't know from what point this outbreak will start, maybe now, maybe in the future
generally speaking, the price rection of graphics cards will be relatively slow this year. Even if it starts to fall sharply from now, the price of 618 may fall to the price of 30 series released last year when 618 is promoted in the middle of this year, that is, 3080 is about 7000, 3070 is about 5000. Of course, this is only possible, and the worst case is that this year is the same price< Third, the price of graphics card is too high. Is it worth buying
the increase in the price of graphics cards will undoubtedly bring more costs to the installation. For ordinary consumers, it is definitely not worth it, which is beyond doubt. Generally, we have the following choices for the current shortage and rising price of graphics cards:
1. Wait, wait, wait together! If you have a computer at home that you can barely play with, just wait for the graphics card market to return to normal
2. If you really need to install the machine, you can first configure the host computer, graphics card and so on. Start with the graphics card of the old computer or the second-hand platform, and use a graphics card that can meet your needs first, and then add or upgrade it later
3. If you are a local tyrant, or some professional work requires high-performance graphics card, and those game players have to play in this period of time, you can only bear to buy a card
generally speaking, you can't see the possibility of a significant decline in the short term. If you want to equip your own desktop, the cost performance is very low. The configuration that you can land on more than 7000 in peacetime will cost 10000 now. I suggest that you can buy brand computers from first-line manufacturers. Although there is a premium, compared with the current "wartime state", you can assemble 10000 or 8000 yuan brand computers with high cost performance
in short, e to its unique hardware architecture, GPU is naturally suitable for mining, which leads to the shortage of graphics cards in the hot market of digital currency. If the graphics card wants to return to the normal price, the restrictions of upstream manufacturers can play a certain role, but it mainly depends on the historical process. I hope the global economy can return to the right track and give the digital currency speculators less reason to speculate.
