Will Ethereum fall this year
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
Ethereum's short-term performance is still strong, and the $100 psychological barrier has not been broken. Even at the low point of $3650, bitcoin is struggling to maintain at $101. In the future, if bitcoin continues to fall, the effective support point below it will be around $78. However, if the topic says $20 to $40, bitcoin will return to more than $2000, or the targeted counterfeit token is bad. But at present, these two points are not realistic
many investors think that Ethereum and other mainstream currencies are very unlikely to return to zero at present, and there are not many orders in the futures market, so it is not profitable for the main trading to fall down at this time. Even if he has enough empty orders himself, no fish will take the t, and it is difficult to level them all, And the spot price is to follow the futures, Ethereum futures, if there is no intention to fall, the spot will only cross
secondly, even if Ethereum eth really falls to such a level in the future, it is also based on the premise that most of the counterfeit coins are returned to zero or removed from the shelves. Because in a strict sense, Ethereum is the strongest backing of many counterfeit coins. Now, with the reshuffle of the bear market accelerating the process of the demise of counterfeit coins, more and more counterfeit coins are taken off the shelves, which will also affect Ethereum in terms of capital, but it will take a process, which will not be achieved overnight. From the time node, at least it will be next year.
according to the report, Zhejiang blockchain government platform is mainly engaged in blockchain bills, especially medical bills. The public platform of Changsha's SMIC blockchain mainly focuses on government information disclosure, government affairs handling, intellectual property protection, judicial expertise, finance and so on, but it has not involved the medical bills yet.
