What is the main reason for the rise and fall of virtual currenc

1. I don't know who knows how BTC coin makes money. Now there are many platforms that use blockchain to cheat money. Each platform has different operations. Some platforms make money when you buy a bitcoin and sell it when it goes up, and lose when it goes down. There is also a platform for you to buy a bitcoin and transfer it to your wallet. No matter whether the coin goes up or down, there will be income every day. If the coin goes up, there will be more income and the coin goes down, there will be less income. Anyway, there will be income every month.

2.

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)

3. 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.

4. 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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5. The full name of BHT is bit hot token, which is a new coin launched by the currency exchange. It was launched on November 3, 2018. What is new coin? BHT can be used to buy other mainstream currencies, such as BTC, and high-quality tokens of the project side. First, you can go to the coin good platform to buy the mainstream coins and high-quality tokens launched in the activities; Second, you can hold this in your hand and wait for the price to rise before you sell it on the platform. The price increase comes from the decrease of quantity, and the price is higher. It's more expensive to have a few things. Because of the operation of repurchasing and destroying, the quantity in circulation in the market will be reced, the overall value will remain unchanged, and the price will rise.

6. MB, short for English, is a storage unit in computer, full name Mbyte< MB (full name Mbyte): a unit of storage in a computer, read as "megabyte". Data unit MB and MB are often mistaken for the same meaning. In fact, Mbyte means "megabyte", Mbit means "megabit". Mbyte is the number of bytes, Mbit is the number of bits. Although "byte" in Mbyte is the same as "bit" in Mbit, both are bits and data measurement units, they are completely different. Byte is the "number of bytes" and bit is the "number of bits". In a computer, every eight bits is a byte, that is, 1byte = 8bit, which is the corresponding relationship of 1:8. Therefore, when writing units, we must pay attention to the case and meaning of B letters

if you are referring to virtual currency, it may be Malaysian currency, now called bitcoin.

7. Prices are controlled by people. Virtual currency (digital currency) is the same as futures. In fact, it can be seen from the current data
that it is linked with the international market. Secondly, virtual currency has profits. Why is it rising slowly? Because you can see the profits, more people can buy it, and it's easier to cut leeks when the limit falls

8. This is not necessarily, the lowest point of virtual currency can not be determined. There is no way to know when it will rise. If it keeps falling, it may die and never recover. The price of this kind of currency will soar all the way
with the rapid rise of bitcoin, Leyte and other digital currencies, Ruitai currency has been stagnating. Is it ready to go, or is it just in a moment.

9. How does bitcoin's sense of unfairness come into being
1. Different issuers, the state or the central bank controls you in the sovereign monetary system, no matter how much wealth you are deprived of, because you are a vulnerable group. According to a series of factors such as herd mentality, you never dare to think that this is abnormal. The "issuers" of bitcoin (let's call them issuers here) can only exchange the initial wealth at one time. They are just early practitioners and can't control the system. These people do not have the same power as a sovereign state, so they think they should not be so "cool"? At the same time, I think this is the game currency. What are you doing
2. People who don't understand the whole system (usually onlookers, because they don't hold it, they don't really care about money and seriously understand bitcoin), we call them target groups, for example,
there is a phenomenon in Psychology: A, one day, you and a bully (or someone you think is very strong), a person with the same status as you, At the same time, I found that there was a huge amount of money of 1 million on the ground, and the bully (or you think it's very strong) picked it up first, so you and the person of the same status would not have any resistance; However, if you or someone with the same status as you pick it up, the other party will have a very unbalanced psychology and will want to solve it by force, while the bully will decide whether to intervene or not according to whether the incident affects his fundamental interests. B. It's the same thing above. If a bully picks up a million dollars every day, you two people of the same status will not yell, and you and people of the same status will never pick up the million dollars again, but the other side will still hate the other side. Above a, B hypothesis can continue to write for a long time, this is human nature, will exist for a long period of history
3. In this era, people's overall consciousness has not been advanced. Most people still only believe in hegemony. They worship the strong in different fields and trust the currency of the hegemonic system more. This will not change for a long period of time. This is connected with the political and governance system. In fact, the financial progress and even political progress involved in bitcoin are too advanced to be seen clearly at present, which is also caused by the limitation of human understanding. So many people who only engage in finance do not understand the Internet and bitcoin. Those who understand the Internet and are not familiar with finance can not persuade those who engage in finance, but those who do not understand politics or systems can not fully understand it. Among the governance systems of Europe and the United States, Germany's political system is the closest to "system governance", which is closely related to why Germany first recognized the currency status of bitcoin...

if the initial or centralized holders of bitcoin do not abandon bitcoin, what will they do? How to make it a universal currency
1. The popularity of bitcoin has many dimensions. From a small number of huge holders to the public holders is a dimension. Bitcoin is widely accepted in different countries, cultures, regions and consumption fields. There are also multiple dimensions. These dilution processes are also related to the prosperity and time of the world's major sovereign currencies. It's a huge chemical reaction and it's irreversible. A large number of supporters are only one-time issuers. This dilution is irreversible, so there is no need to worry about it
2. Worry that bitcoin will be replaced by later powerful electronic currency? That's for sure, and the worry is too far ahead of time. It's faster than the speed of light. There is no permanent form of money, which can be seen from the development of money, and with the weakening of the concept of guaijia, the sovereign currency Hui withdrew from the stage of history. The era of more powerful e-money may intersect with bitcoin, maybe after the heyday of bitcoin, but it is unlikely to appear before the heyday of bitcoin. If there is such a situation, it must be driven by a strong external force. It's unlikely that

10. Is that why bitcoin will become worthless? The problem of
will. There are many unsuccessful currencies in history, such as the Deutschmark in the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were usually e to over inflation that could not happen on bitcoin, there were always potential technical errors, currency competition and political problems. The basic lesson is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has been proven reliable for several years since its birth, and it has great potential to continue to grow. But no one can predict the future of bitcoin.