Goldman Sachs forecast
bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<
English: bitcoin currency symbol: abbreviation: BTC or XBT
Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<
Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<
the difference between bitcoin and bitcoin
it should be noted that
in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit
bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network
you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<
in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places
its main features are as follows:
1. Decentralization
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership
private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost
bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution
5. No hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay<
6. Bitcoin is not completely anonymous
for more information about bitcoin, please visit my website
learning bitcoin studybtc
it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin
7. Bitcoin is still experimental
bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
looking at the past performance of Leyte coin, if there is no major good news or the entry of related MLM funds, the market of Leyte coin in September will be very stable. Of course, if there is a large-scale hot money into, will also pull up the price of Leyte coin. But it's only a short time. If there is a big village or a big miner selling, the price of Leyte coin will also drop significantly.
Copy pocket? Pigs all know that. Look at those skills, to disgust. Look at the appearance of elves, to disgust. If you want to , don't let others see it. If you see it, no one will play
bubuhua -- wonderful frog flower,,,, the name is astonishingly similar
loggeras -- fire breathing dragon... Skills are really,,,,,, what skills fire breathing dragon has, what skills loggeras has
Lucas -- Tyrannosaurus Rex,,, Poor tempest has been copied by others into tortoise head
Rios - Flame mahameret - paluchia flame orangutan - fire monkey... And so on
look at the skills again:
high pressure water gun - high pressure water pump
jet flame - jet flame
wind blade - flying leaf blade blade blade
Electric bird - lightning
high temperature whirlwind
hot wind
tail of watermeditation - meditation
praying for rain - Praying for rain
dragon claw - dragon claw
dragon claw flashed through the air - Dragon's counter scale
Conspiracy - conspiracy
iron head skill - head protruding
water jet - water jet
water gun
Lei's tooth - Lei's tooth
air cutting
earthquake
flapping wings
flying back - flying back
live and die together - reckless
extreme Freezing point - absolute zero degree
absorption of hundreds of millions of power
absorption of hundreds of millions of power
tooth of ice
rotation - rotation
dense fire net - big character fire
burning fire
burst fire
Jedi counterattack - finally keep
a full blow - melee boxing
brave bird
and so on...
-: the unique skill of plagiarism
despises Sal, Support pocket,
thank you
absolutely support the building owner, despise all the people who support Saier
World Bank: World Bank
US Central Intelligence Agency: CIA (this is true, they make economic forecasts for other countries every year)
major well-known investment banks: including Goldman Sachs, Morgan Stanley, etc.
personally, I think the judgments and forecasts of IMF and World Bank are a little more objective, unlike other subjective factors.
parson, chairman and chief executive of Goldman Sachs Group, believes that after China's accession to the world trade organization, tariffs will be reced, capital flow will be accelerated, RMB is expected to be freely convertible, and the stock market will develop more strongly, which will make China continue to become the fastest growing country in Asia
the Chief Secretary for administration of the Hong Kong Special Administrative Region government, Mr Donald Tsang, said that Hong Kong has implemented a tax free policy and its economy is more free than that of Europe, the United States and Japan, with an average of 35000 people coming to Hong Kong every day. The huge business opportunities promoted by China's accession to the WTO will increase the economic growth rate of Hong Kong by 1 percentage point to about 5%
economic experts attending the meeting said that Europe has a strong economic system. Although it is affected by the US economy, the average growth rate of its GDP will still reach 3% to 4%. European enterprises are very active in Asia, which will provide support for Asian economic development. Parson said that the U.S. economy is the global leader and will improve this year. The economic growth rate in the first half of the year is about 1%, and it will be higher in the second half, but it depends on consumer confidence. With the graal integration of global economy, the trend of American economy is very important to Asia
he said that what is worrying is Japan's economic situation, with a high fiscal deficit, and the bad debts of banks causing a great social burden“ There is not much reason to believe that Japan's economy will revive in the short term. "
former US Secretary of Commerce and trade representative Miki Kant believes that India's economy has great potential and can achieve its growth goals, especially its information instry is developing at an amazing speed. However, India's huge population is exerting more and more restrictions on its economy
he said that U.S. economic leaders should strive to urge the government to maintain the peaceful development of the Asia Pacific region and eliminate tensions between countries. China's accession to the WTO is not only an economic issue, but also a political issue. We should let China "enter the WTO" as soon as possible.
With the bankruptcy of Lehman, only Goldman Sachs and Morgan Stanley are left among the five major investment banks in the United States. The financial crisis has a trend of further spreading in the United States. Out of worry about the financial crisis, people have speculated: will there be only one of the five investment banks? Analysts said there was also a possibility that Morgan Stanley would be acquired, but it was likely to be acquired by large foreign banks such as Barclays PLC, rather than US commercial banks. They think that no big bank in the United States has the ability to buy Morgan Stanley. Wells Fargo & amp; Co.) and UBS (United Bank of Switzerland) may be able to buy an investment bank, but neither seems willing to make such a large deal. The group may be one of many foreign companies interested in acquiring Morgan Stanley. Nancy bush, a banking analyst at NAB research, said Morgan Stanley could also merge with Goldman Sachs, leaving only one big investment bank on Wall Street< In addition, according to Xinhua news agency, on the 16th, Goldman Sachs and Morgan Stanley released their financial reports one after another. Among them, the quarterly profit of Goldman Sachs showed the biggest decline since its listing, and Morgan Stanley also showed a slight decline< According to the financial report of Goldman Sachs, the company made a profit of US $810 million in the third quarter of this fiscal year (ending on August 29), down 71% from US $2.81 billion in the same period of last year, the biggest quarterly decline since its listing in 1999< On the same day, Morgan Stanley reported a profit of US $1.43 billion in the third quarter, down 7% from the same period last year; Operating revenue was US $8.05 billion, slightly higher than US $7.96 billion in the same period last year. E * Trade Financial said the company's board of directors has formed a new special committee of independent directors, which has hired Goldman Sachs to evaluate strategic options. E * trade rose 88 cents, or 8.1%, to $11.81< In the morning of April 16, 2010, the U.S. Securities and Exchange Commission filed a civil lawsuit against Goldman Sachs Group and its vice president, Mr. Tolley, for securities fraud, claiming that the company concealed key facts and misled investors when promoting a financial proct related to subprime credit to investors
trick: on the one hand, Goldman Sachs allowed a client (Paulson company) to participate in the design and short selling of the financial proct, on the other hand, it promised other investors that the proct was launched by an independent and objective third party
Goldman Sachs suggests buying gold at less than $1550 an ounce, because the price will be higher in the future. Three year cycle: fear and market rescue
when Goldman Sachs' views were seen in the public, gold prices had rebounded to above $1640 / oz. That's 6% more than $1550. Have we missed a new bull market? Don't worry, first listen to Goldman's reasons
the reporter learned that Zak dhabalia, head of gold trading at the bank, said that the annual return rate of gold was still 14%, which returned to the level of August, but the annual return rate of silver was basically flat. This shows that we should distinguish the characteristics of monetary assets between gold and other precious metals. It seems that the long-term risk of gold has declined significantly e to the more restorative ETF position. Like the bull market in 2008-2009, the panic of monetary policy will be a favorable support for gold price. Each adjustment of gold is to restructure the position and promote the price rise. In the medium and long term, buying below $1550 is a good opportunity
since September, has gold given opportunities like dhabalia said? The answer is yes, but the opportunity is fleeting. On Monday, the spot price of gold in London fell as low as $1534 at 15:10, but it miraculously rose to $1588 just 30 minutes later. On the same day, gold fell $28, but the decline was narrower than on Friday
"my God, how can I seize the opportunity in 30 minutes! I might be at work or having afternoon tea Some people may complain like this. Don't forget, dhabalia is the head of trading. We have to look beyond that. In fact, from many perspectives, this round of slump has many similarities with the wave in 2008
the reporter found that fear and rescue may be the common label. Three years ago, the "subprime mortgage disease" of American enterprises graally exposed. After GM's bankruptcy crisis in July, Lehman Brothers filed for bankruptcy protection in September. In response to the liquidity crisis, global central banks have continuously injected capital and cut interest rates. The Bush administration also proposed a $700 billion rescue plan. At first, investors tried to cash out assets, including gold. From March to October 2008, the price of gold plummeted from $1000 to $700, down 30%. But since November, more and more people have felt that the market of paper currency devaluation is waking up and began to buy gold like a bargain. Since that month, gold has nearly tripled
how similar the situation is. The U.S. companies with problems have been replaced by European sovereign countries and banks. Some European banks have madly mortgaged gold for fear of the lack of liquidity e to the impairment of treasury bonds. As a result, the price of gold fell by $155 this month. On the other hand, the world began to increase efforts to rescue the market. Since the injection of capital by the five central banks this month, Europe plans to raise the esef rescue fund from 440 billion euros to 2 trillion euros
chaotic market forecast
before the beginning of a new round of bull market, the market is often full of bull and bear competition. At this point, you need to be more cautious
as the air side, Dr. doomsday McArthur believes that gold prices may usher in a long-term decline after a short-term rebound. If gold can't hold $1500 / oz, it may bottom between 1100 and 1200
but the voice of bulls seems to be more and more obvious. MF global precious metals researchers pointed out that gold will rebound out of the V-shaped this week, which will be supported at $1580 and then rebound to $1700. In addition, physical gold is very solid. As long as the gold price does not fall below $1100, gold miners will still have huge profits
data show that as of Monday, gold etf-spdr gold holdings decreased by 5.45 tons to 1246.76 tons. Ishare holdings of the other fund decreased by 78000 ounces to 5.31 million ounces<
companies involved:
Paulson hedge fund paid Goldman Sachs about $15 million in 2007 to design and sell a mortgage-backed bond (CDO) based on the subprime business. In the transaction, Goldman did not disclose to investors the "key information" of Paulson hedge fund's short selling of the proct
"independent third party" ACA: the builder of financial procts. Goldman Sachs concealed the truth of Paulson's short selling and used its influence to sell procts