VPP virtual currency declines rapidly
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law
warm tips:
1. The above explanation is for reference only. Before investing, it is suggested that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
2. Investors should not use such information to replace their independent judgment or only make decisions based on such information, which does not constitute any investment operation
response time: February 18, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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To tell you the truth, I'm very surprised that dogcoin can soar 250% in one day. After all, virtual currency has been seen through by everyone. Before bitcoin soared, it has begun to decline rapidly, leading to many people's bankruptcy. However, although doggy is the second largest virtual currency after bitcoin, there is still a big gap compared with bitcoin. Because his own price is relatively low, so there is still a lot of room for appreciation. Under such circumstances, he will soar by 250% in one day. So today we will discuss what details need our attention behind the sharp rise of dog money{ Third, how to treat virtual currency
in all my answers about virtual currency, I think that the reason why virtual currency can rise is that there is no direction for capital flow, and once there is a better place for capital, it will definitely leave this market. Once such a situation occurs, one of the most serious consequences is that the virtual currency loses any value and becomes useless waste. Compared with virtual currency, the value of digital currency is not the same at all. After all, virtual currency has no credit endorsement, so I hope you can see the truth behind virtual currency
On September 4 last year, the central bank issued a document explicitly calling for a halt to the financing of token Issuance - that is, the ICO ban. This kind of illegal sale and circulation of tokens by financing entities to raise so-called "virtual currency" such as bitcoin and ether coin from investors is prohibited in China
now that more than half a year has passed, what is the situation of these "virtual currencies" boasting "blockchain technology"
the reason why Yang Chao invested in virtual currency is mainly e to the price fluctuations. Bitcoin, for example, emerged in 2009, with less than one cent per bitcoin. In less than ten years, its price once exceeded 120000 yuan. Under such a soaring market, the mentality of being able to get rich overnight attracts a large number of investors
After95, there are 1000 bitcoins, which is the symbol of Zheng Haosheng in the "coin circle". In one year, he turned the 140000 yuan principal into several hundred million yuan. At present, he still has more than 50 different tokens. But professional investors like Zheng Haosheng are not always winners
ZHENG Haosheng, a virtual currency investor, said that in the past two days, he had a direct loss of 200 bitcoins, worth 10 million, and an indirect loss of about 30 million. How many people earn, how many people lose, more people are in the loss, blindly admission, 80% are in the loss
According to the data, there are about 1600 kinds of virtual currencies in the world. The cumulative daily turnover is more than $10 billion. Among them, bitcoin's daily turnover is about $6 billion. Domestic investors are big buyers of global "virtual currency"Mao Hongliang, director of the blockchain Research Office of the national Internet financial security technology expert committee, said that taking the largest international platform as an example. It is monitored that from 2018 to now, the exchange transaction volume between digital currency and RMB is about 1.3 billion yuan, accounting for about 13% of the total transaction volume of the whole platform
instry insiders say that the most dangerous thing in the bubble is the "air money" which is not supported by physical projects. P>
2018 January 15th, known as the world's first support for digital encryption currency gaming platform hero chain, on-line "break", from the issue price of 0.6 yuan to 0.05 yuan
IT community and service platform vice president of CSDN Meng Yan introced, this can be more confidently known as air money, accounting for it is hard to say, but under the bubble, this ratio is not small. It may exceed 50%, 60% or even 70%
"air currency" is different from other financing projects, the financing subject of issuing financing does not need to be a real company, a temporary "team" can become the financing subject. After the central bank banned the issuance of token financing, the original domestic token projects have chosen to move their servers and the registered places of financing entities abroad. The token financing project with the "team" as the main financing body does not even need to move the registered place out, and it can continue to raise money as usual
Mao Hongliang, director of the blockchain Research Office of the national Internet financial security technology expert committee, said that many ICO subjects are just a team, and many of them are not registered to the company level, so it is difficult to say that there is a company subject or an enterprise subject