Reasons for the rapid development of virtual currency
bitcoin price has been cut by the waist
how to implement blockchain application is still the main problem. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage. Looking back to the second half of 2017, the price of bitcoin almost reached a new high every day, and finally reached the peak in the South Korean exchange with the highest premium in the world - about 140000 yuan per piece. On June 3, 2018, as of press time, coinbase bitcoin trading platform quoted 49688 yuan, and the price of bitcoin has been cut. Since the beginning of this year, the price of bitcoin has rarely seen eye popping ups and downs, and the overall trend of monthly decline
bitcoin development status
according to the data of the in-depth analysis report on business model innovation and investment opportunities of the blockchain instry released by the foresight Instry Research Institute, bitcoin prices showed a downward trend in May, with the overall market value falling from US $157.3 billion at the beginning of the month to US $127.4 billion at the end of the month, a decrease of 19%; In addition, there are 444000 active addresses and 197000 transfers per day. From the trend point of view, the number of active addresses and daily transfers are positively correlated with the transaction price. In May, the overall trend is volatile, and the downward trend is very obvious
reasons for the steady decline of bitcoin in the past half year
how to understand the "steady decline" of bitcoin in the past half year? There are two main reasons: firstly, the most important reason is that institutional investors and speculators who have accumulated a large number of "profit" are cashing in their profits and leaving the market; Secondly, before the blockchain instry has no real application and profit model, the rise of bitcoin price can only be regarded as speculative speculation. In addition, it is an undeniable fact that the Central Bank of China has made a decisive move to close the bitcoin trading platform, which has achieved remarkable results in preventing bitcoin speculation
at present, the domestic bitcoin exchanges have basically moved to foreign countries, which has nothing to do with China. Investors operate on those platforms at their own risk
the current market is not very good. Only when the market is good, can investors find ways to participate in bitcoin investment. As the total market value of the coin circle is still small, with more blockchain applications, there is still potential in the future
over consumed blockchain
e to the "tepid" price of bitcoin, blockchain, as its underlying technology, has reached the level of "known to all women and children", and even surpassed bitcoin in recent years
recently, a series of related reports are suspected of making up for the number and full of hype, and blockchain has obviously been over consumed. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage
with the graal deepening of the understanding of blockchain technology, domestic enterprises have laid out blockchain technology, platforms and applications, including Internet enterprises such as network, Tencent, Ali, Jingdong, Netease, major banks, financial enterprises such as Ping An of China and Huawei. In terms of application, China actively explores and promotes blockchain + applications in the form of alliance chain and private chain to help solve the pain points of related instries, improve efficiency and rece costs.
1. The factor of investment supply and demand is actually not independent, and investors' demand for digital currency is also affected by various news factors. However, from the price surge of last year, in the absence of obvious policy and other news, The admission of investors and investment institutions will also promote the price growth
2. Policy factors are also important factors affecting the price of digital red packets. In the past, the implementation and formulation of policies in South Korea, Japan, the United States and China have affected the price trend of bitcoin
3. The real financial factors and the instability of the real financial world make the demand for digital assets rise from time to time. For example, the Chinese government's policy adjustment, the brexit of the UK, the setback of the global stock market at the beginning of 2018 and other events all give play to the hedging characteristics of digital currency
4. Technical factors. Although the security of digital currency has been highly respected in its development, several technical crises still occurred in its development history. For example, bitfinex, the largest bitcoin dollar exchange, was attacked by hackers and stole 120000 bitcoin, and bitcoin fell by 25% in the following six trading days
5. Good news and bad news will affect the fluctuation of currency value
6. The market trend will be affected by the actions of the leading enterprises in this field, platforms, digital currencies with large market share, leaders with great influence in the market, etc
besides, choosing a good project can avoid risks to a certain extent. For example, HNB, the next generation of decentralized blockchain economy, is a reliable project. It relies on the real economy, and at the same time uses value exchange to continuously create endogenous value. It uses blockchain to build an economy, so that everyone can participate in it and get returns through labor, instead of relying on currency speculation.
Method 1: take a look at the display interface. Most of the display interfaces of the mine cards are not consistent with their own quality, because the display interface is basically not used in mining, so if all the display interfaces are very new, even the plastic plug is on them, you should pay a little attention to them
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extended data:
1. Graphics card and mine card:
the so-called mine card is the graphics card for mining. The "mining" here is virtual mining. Generally, there are professional graphics cards to mine. The mined mine is actually bitcoin. Users can download the mining software from the computer, run a specific algorithm, and get the corresponding bitcoin after communicating with the remote server, Most of them work in the way of burning video card, so the power consumption is large
the graphics cards and mine cards are usually ATI chips. Bitcoin went out of business, and the miners took out their mining cards and sold them as second-hand
2. Disadvantages of mine card:
Mining mostly adopts the way of burning graphics card. In order to maximize the benefits, the mine owners will keep the graphics card in 24-hour full load operation, which is equivalent to the aging test all the time, so that the graphics card can quickly age. After a long time of mining, the stability and life of the graphics card will certainly be affected< br />
Based on Keynes' money demand theory, this paper analyzes the influence of electronic money on money demand theory. Keynes' money demand theory is also called liquidity preference theory. Based on the Cambridge school, he analyzed money demand from the perspective of capital liquidity. Keynes divided people's motives of holding money into three categories: transactional motives, preventive motives and speculative motives
in the short term, because e-money meets people's transaction motivation and preventive motivation, the amount of money held in this part will decrease, and the proportion of e-money in total income will decrease (the coefficient K will decrease). After the emergence of e-money, a large number of ATM and POS machines have been put into economic transactions, and the network banking instry has developed rapidly
extended materials:
with the in-depth development of e-money internationalization, it will be one of its future development prospects. With China's entry into WTO and the globalization of economy and trade, China is faced with opportunities and development. The extension of electronic currency in the international field, on the one hand, improves the speed and accuracy of trade settlement, but on the other hand, it also brings inevitable settlement risks
as the infrastructure conditions for the normal operation of e-money, such as ATM and POS, their growth will lay a material foundation for the rapid development of e-money in the future. At the same time, it also provides convenience for inter-bank transactions and promotes consumer transactions to maintain a high development speed
money is the proct of commodity economy first.
since ancient times, only precious metals, gold and silver can be used as money.
jiaozi, or ancient paper money, appeared in the Song Dynasty later, only as a monetary symbol. Its appearance is the proct of the development of commodity economy to a certain stage, indicating the initial prosperity of commodity economy.
as for why, Of course, it is not convenient to carry metal currency, but paper currency is very light, so the latter came into being
this is the same reason with the emergence of early banks (i.e. banks), because banks, with exchange business, can realize goods to the world, exchange to the world, which is very convenient and safe. Of course, this is the inevitable result of the development of commodity economy to a certain stage
I hope it can help you
2. China's long-term foreign trade surplus and China's foreign trade compulsory settlement policy make the inflow of foreign capital into domestic money supply increase
3. The continuous recession of the world economy leads to the general low interest rate, and the fluctuation of the financial market makes China's investment opportunities increase, which will make hot money continue to flow in
The reason why the price of dog money is rising rapidly and the price of virtual money is rising rapidly is more because the operation of capital is e to the need of capital, rather than because virtual money itself is valuable, because virtual money is not linked with the purchasing power in real life, it is more affected by supply and demand than its own value{ RRRRR}
of course, the price change of virtual currency is not as simple as we think, and it is not simply e to supply and demand. It is largely e to the need of capital operation. To put it bluntly, those investors need to make the virtual currency valuable, and then they can make money. The previous bitcoin madly achieved more than $61000, Then I can't sit on it now, and now I turn to doggy money, this is also a kind of virtual currency, and there is no essential difference between the two strictly speaking