Reasons for the rise of virtual currency

1.

1. Digital money supply:

for example, the supply of bitcoin may be limited (21 million), which is expected to be fully exploited by 2040, but even so, the availability of money will fluctuate with the speed of its entry into the market and the activities of its holders

2, the value of the digital currency: the value of the

digital money market and the expectation of its currency will affect the behavior of traders, choose to participate in a blowout market or short bubbles. p>

3. Negative reports:

any currency will be affected by the public perception, especially digital currency. Even in its heyday, its security, currency value and currency circulation have been questioned

4. Resource integration:

establishing the image of digital currency and building the confidence to defeat traditional currency depend on its integration with new payment system and crowdfunding platform

5. Instry acceptance:

bitcoin and other digital currencies have not been widely accepted by global enterprises, and the impact of placing it in a more important position in enterprises is unknown

6. Key events:

any major event, including regulatory changes, security loopholes, macroeconomic setbacks, may have a serious impact on cryptocurrency

extended data

monetary characteristics:

as a non fully circulating asset, the strong price of digital cryptocurrency must be supported by reserves; The price fluctuation depends on the real-time transaction demand of bitcoin to legal currency

the biggest feature of digital cryptocurrency is that it is global. No matter where you are, of course, the human beings in the Mars bunker outside the earth have no problem. As long as you can log on to the network, you can freely control your own assets within the scope of the global network, which is safe and convenient. The assets in an address can be controlled independently or jointly (multi signature smart contract)

2. There are many reasons for the rise, the most important is the team hype, keep up with the trend of trading, do not greedy high; The second is the degree of recognition from the outside world. The higher the degree of recognition, the more stable the price is. There may be slight fluctuations in the short term, but there will not be much loss in the long term. The main reason for the decline is that the currency market recognition is not high, or there are new projects outside to attract players to throw money and transfer to the external platform. Pure hand play, hope to adopt.

3. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
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4.

The Open Market Committee expects to raise interest rates three times next year, and the market expects to raise interest rates two times. On the other hand, bitcoin is better than the market www.toubi.com According to the data above, it rose from more than 5400 points in the early 15th to more than 5600 points today. The increase of interest rate by the Federal Reserve not only did not cause the decline of bitcoin, but also caused a small rise. What makes bitcoin rise under the influence of such a big policy?

Tags: bitcoin of the Federal Reserve

< H2 > 2. Why? From November last year to the beginning of this year, the virtual digital money market represented by bitcoin has taken China's policy as the wind vane. Looking at China's global price trend, I can tell you the story behind each candle chart along the way. The range of rise and fall is very large, but all investors can see clearly why it will rise and why it will fall, Bitcoin is a kind of network virtual currency, which is characterized by decentralization, anonymity, can only be used in the digital world, does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Its characteristics make us firmly believe that bitcoin will become a mainstream currency in the future. Just like diamonds, at the beginning, someone picked up some shiny things by the river or on the beach, which was caused by...

Tags: bitcoin price, bitcoin

< H2 > 4

having been speculating in stocks and currencies for so many years, I can't help thinking about whether it's better to play bitcoin or stocks? In this paper, the author does not intend to say this problem from the perspective of the text, after all, everything in the market has good and bad, play that is not important, play that can earn real money is the most important. As long as you can make money, you can play anything you like. I am now a loyal player of bitcoin (I like to play, for it...

Tags: play bitcoin, play stock

< H2 > 5. 796 exchange Zhu Rong: on the rise and fall of bitcoin price and qualified investors, Bitcoin rose to 8000 yuan. Shangfang is precisely because in the relevant domestic policy vacuum period, as bitcoin investment heats up, the media pursues popularity in order to attract attention from the bottom to the top, and a large number of positive reports continue to appear on CCTV, which makes bitcoin increase social attention overnight, thus attracting a large number of investment capital inflows, Bitcoin price

< H2 > 6. Investigation on the causes of bitcoin crash: high leverage eventually leads to bitcoin crash

after four months of silence, bitcoin and other virtual currencies once again attracted the attention of the market because of the crash. Analysts said the reason for bitcoin's collapse was e to leveraged trading. On Monday night, the price of bitcoin on btc-e, a bitcoin trading platform, dropped rapidly to $309, nearly 40% from the highest price of $498 on that day. However, after the slump, bitcoin prices slowly rebounded. The new hope of electronic currency: the political and economic changes behind the rise and fall of bitcoin. Edwin van der Brom, a former bitcoin trader and Dutchman, is in endless regret these days. Three years ago, Edwin, who had just received the master's degree in finance and economics of Erasmus University Rotterdam,

tags:, the rise and fall of bitcoin, electronic currency, Edwin

8. "bubble curse" -- the five major reasons for bitcoin to give investors some doubts.

... The secrecy and performance limitations of block chain technology make it most suitable for the upward trend of corporate bitcoin. Let investors think that the bull market of cryptocurrency has come. But skeptics point out that the bull market will not come so soon. From April to may 2017, this digital currency rose more than 100%. Bearers believe that this market is familiar. From March 2017 to...

Tags: bitcoin investment

< H2 > 9. David Berger: the bitcoin ecosystem lacks trust

... David Berger, CEO and founder of the digital currency Committee (DCC), concted an interview. David Berger talked about the main challenges bitcoin faces, Why let people build their own businesses based on blockchain technology and why trust is crucial to the bitcoin ecosystem. Cointelegraph (CT): can you talk about the difference between the responsibilities of the digital currency Committee and the bitcoin fund? David b...

Tags: bitcoin ecosystem

< H2 > 10? BTCC spot trading day K-line chart shows that last Saturday (October 22), bitcoin prices rose from 4296 to 4539, a daily rise of 5.7%. The highest increase was from 22:45 to 23:20 on Saturday night, rising from 4354 yuan to 4539 yuan, the highest at present! In less than an hour, the price of bitcoin rose 185 yuan! In less than two weeks, the price of bitcoin broke through 4300 on October 11

5. First of all, we need to know the pricing mechanism
fire coin BTC can be bought at 50000 yuan for Zhang San and sold at 50000 yuan for Li Si. The transaction price is the price of fire coin platform
the transaction price of Yuan'an BTC is the price of Yuan'an platform
so the two prices are certainly different
in this case, Lin mule knows that the BTC value of the fire coin is 50000, so he must raise the price by 50000. But in the process of raising the price, because the supply exceeds the demand, Li Si may have raised the price to 52000
therefore, there is a price difference between platforms, but why is the price difference small? Because some people buy from this platform at a low price, and sell from that platform at a high price, until the gap between the two sides can not cover the handling charges - it's called "moving bricks" in the instry. In the early days, it was a business that made a steady profit without losing money.

6. There are many factors that can affect the price of digital currency, which can be summarized as follows:

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.

7. Pick up the dish, pick up the dish, pick up the dish

8. Did you plug the miner into the USB hub? If the power supply is not enough, it may not start