How to analyze the potential of a 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.
In my opinion, we can start with mainstream value currencies such as BTC now. Judging from the trend of BTC in the past year, it is basically at the bottom now. Even if it is possible to fall further, it will not fall too much. Ten years of history shows that BTC is certainly valuable, and BTC will definitely appreciate in the future. After all, it is the gold of the currency circle, which is rare and has the greatest consensus. The above is just a personal statement and does not constitute an investment proposal. Investment should be cautious! Finally, I declare that if you lose money by investing in virtual currency, I will not bear any legal responsibility
the reason is very simple. Many countries recognize virtual currency as an asset, but no country will recognize virtual currency as a legal currency. Since it is only an asset and a relatively risky asset, speculation is naturally greater than investment, Rational investors don't invest in virtual currency. If you want to speculate, you should try your best
Today's digital money market can be said to be overgrown with good and bad. It is difficult and difficult to choose potential digital money in n blockchain projects and token projects. In addition, the current digital currency is in the stage of barbaric growth, so whether it has potential or not is a vague concept
There is a saying circulating on the Internet: "the future of wealth must belong to digital currency, not US dollar or gold.". If you miss going to the sea in the 1980s, speculating in stocks in the 1990s and real estate in the 1990s, you must not miss digital currency any more. So how to identify the potential of digital currency < H2 > the first open source codereal virtual currencies, such as bitcoin, publish open source code and mine pool website simultaneously when they are issued. In this way, the virtual currency that must be mined out is the real virtual currency. Open source code is the technical basis of virtual currency
Second, it has the characteristics of decentralizationat present, the real virtual currency must have the characteristics that it is not controlled by indivials, countries or any organizations, and its circulation and price are also not controllable. Such a virtual currency is a valuable virtual currency
< H2 > the third white paper
the best way to understand a currency is to read its white paper. From the white paper, you can learn what the currency is, the purpose of the token, the total amount of the token, and so on. We can even judge whether a currency is value currency or air currency by the quality of the white paper
Many people say that wine is not afraid of deep alleys, on the contrary, gold will always shine, which is your superior's excuse to deceive you to continue to work hard. Just like bitcoin, no matter whether you participate in this circle or not, you can always hear about this kind of virtual currency from all kinds of news media, which has a great market foundation. The first goal of novices is to understand and participate in the well-known currency, and bitcoin is the first choice. This is one of the reasons why bitcoin is the totem of digital currency
< H2 > prospect of the fifth project
digital currency is only the token of the main project behind it, and the prospect of a token completely depends on the vision of the main project. Last year, the Rupert rose by 360 times. The decisive factor supporting its rise is that the gateway payment transaction agreement behind it has been recognized and supported by more than 4000 banks and financial institutions
< H2 > ability of the sixth team
many teams do not have a solid foundation of blockchain, and the issuance and application of project tokens are based on the basic chain, which does not mean that the project tokens based on the basic chain are not good, but this kind of extreme dependence on Ethereum and other public infrastructure may not be able to achieve its own unique trend, Some teams who forget themselves after getting the money are also the first choice for the market to eliminate. At present, many of the broken coins and off shelf coins are of this kind
< H2 > the seventh fund is highly concerned
fund attention is an important index to evaluate virtual currency. If bitcoin didn't have the money to pay attention to, a few years ago 10000 bitcoins could only buy one pizza. In the current hundreds of complicated currencies, if you want to stand out, you must have a certain degree of financial attention
here, the online editor of kuanke provides you with a simple learning method, which can graally improve your ability to judge the news: take some time every day to review the news of the currency from the soaring currency price list, and see what news makes the currency price soar. Insist on doing, as time goes by, the judgment of the news will be more and more accurate
unlike virtual currency, digital currency is neither bitcoin nor q-coin! That is to say, it is different from virtual currencies such as bitcoin and Ethernet
virtual currency can only be closed in circulation on the network, just like Tencent's q-coin and Huixin cloud software collaborative instry ecological chain platform, they can only be used for their own procts. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency, bitcoin is illegal digital currency. As for legal digital currency, there is no unified international definition. Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and head of the preparatory group of the digital currency Research Institute, believes that the digital currency researched and issued by the people's Bank of China is indexed RMB. From the perspective of national schemes, it belongs to legal encrypted digital currency, which is not only a payment tool but also a currency. Correspondingly, virtual currency is also called illegal fixed digital currency. Li Lihui, head of the blockchain working group of China Internet Finance Association, once said that digital currency must have legal status, national sovereignty endorsement, and clear responsibility subject of issuance. Virtual currencies represented by bitcoin and ethereal currency have no country, no sovereign endorsement, no qualified issuers, and no national credit support. These are not digital currencies
digital money is not equivalent to virtual currency
since digital money can be used for commodity trading, is Alipay and WeChat payment a kind of digital currency?
Alipay, WeChat payment and mobile phone banks are all electronic money, not digital money. These are all payment methods based on electronic accounts, which are in essence just a process of informatization of legal currency, not digital currency in a strict sense. For example, the amount of Alipay or WeChat transactions is essentially banknotes on bank accounts, but it is electronic form. The "100 yuan" displayed on the mobile phone will correspond to the real 100 yuan in the bank.
(edited by Huixin Yunxu)