Xinhua News Agency virtual currency diving
ICO (abbreviated as initial coin offering) is the concept of initial public offering (IPO) derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other general digital currencies
brief introction to ICO:
ICO is a blockchain instry term, which is a common way to raise funds for cryptocurrency / blockchain projects. Early participants can get the cryptocurrency generated initially as a return
because the token has market value, it can be converted into legal currency to support the development cost of the project. The tokens issued by ICO can be based on different blockchains. The common issue is based on Eth and BTS blockchain, which provides bookkeeping service and value consensus to realize global issue and circulation
ICO participants are very important for the success of a project. They will publicize the blockchain project in the community, so that the tokens generated by it can obtain liquidity before the transaction starts. However, the most important value of ICO participants is still the potential benefits brought by the project development or the price appreciation after the token issue
extended information:
domestic prohibition:
at 3:00 p.m. on September 4, 2017, the people's Bank of China led seven ministries and commissions, including the Information Office of the people's Bank of China, the Ministry of instry and information technology, the State Administration for Instry and commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, to issue the announcement on preventing the financing risk of token issuance (hereinafter referred to as the announcement)
the announcement points out that token issuance financing is essentially an unauthorized illegal public financing behavior, which requires that all kinds of token issuance financing activities should be stopped immediately from the date of the announcement, and at the same time, organizations and indivials who have completed token issuance financing should make arrangements such as refund
According to the official announcement, digital assets and RMB recharge functions will be closed at 12 noon on September 27, and all trading functions will be closed at 12 noon on September 30. So far, bitcoin trading was officially sentenced to death
some people applaud the state's move to control bitcoin transactions, believing that this money laundering tool should have been closed long ago the invention of bitcoin in the United States disturbs the Chinese market. We should learn from Russia's ban on bitcoin. Although bitcoin makes money, it is not good for the development of the country because it is divorced from the real economy. Many young people are addicted to bitcoin and lose both money and people
however, at present, the state only restricts it, but it has not been completely banned. Big exchanges can not provide bitcoin exchange, so many of them go underground, making it more difficult to control
for young people, the state has banned trading, so it is too risky to re-enter the bitcoin market, so they should be cautious to intervene, and regret if they break the law
It's a government organization. It needs to be a civil servant to work in the administrative service center
Administrative service center, formerly known as administrative examination and approval service center, is a comprehensive administrative service organization integrating information and consultation, examination and approval and charging, management and coordination, complaint and supervisionthe general office of the CPC Central Committee and the general office of the State Council issued the "opinions on deepening the openness of government affairs and strengthening government services" (hereinafter referred to as the "opinions"), which pointed out that it is necessary to graally establish and improve the government service system and give full play to the role of service center (i.e. government (administrative) service center)
departments with the function of administrative examination and approval set up centralized office windows in the center, which changed the things that administrative counterparts need to run multiple departments to only run the center, greatly facilitating the masses“ Changing the running of the masses into the running of cadres and "changing the running of the outside into the running of the inside" truly embodies the people-oriented thought and the purpose of serving the people of the people of the people of the people's government
the legal rules and legal concepts closely related to the emergence of administrative examination and approval service institutions are as follows:
1, administrative convenience. Administrative convenience means that the administrative organs should use convenient ways as far as possible to facilitate the administrative counterpart to deal with the government, and provide thoughtful services for the administrative counterpart. Many laws in our country have stipulated specific and operable measures to facilitate the people, and some even directly define "convenience" as a legal principle
2. Administrative openness refers to the major administrative acts of administrative organs or administrative acts directly related to the rights and obligations of citizens. It is necessary to let citizens know through certain ways to protect the right to know of the administrative counterpart. The right to know of the administrative counterpart corresponds to the ty of informing that the administrative organ must perform
3. Administrative efficiency. The law mainly guarantees the administrative efficiency through some safeguard regulations First, on the premise of guaranteeing the basic human rights of the administrative counterpart and fair administration, the summary administrative proceres should be stipulated to simplify the administrative proceres Secondly, the system of limitation or period should be set so that every step of administrative action is limited by legal time and can not be delayed. The delay of the administrative organ may result in acquiescence in the rights of the opposite party Thirdly, the system of substitution is stipulated, that is, when the administrative organ and its staff are unable to perform their legal obligations, the administrative organ at the next higher level or other staff will perform them on their behalfthe above-mentioned legal rules and legal ideas implemented in China's centralized administrative code are not only the crystallization of rational thinking of jurists and thinkers at all times and in all countries on how to use administrative power, but also provide legal guarantee for the emergence of China's comprehensive administrative service institutions
these legal rules and concepts remind and require governments at all levels to provide high-quality and efficient services in the most appropriate, convenient and visible way for the administrative counterpart, otherwise it will be against these legal rules and concepts
Due to the characteristics of office location, procere and working system, the comprehensive administrative service organization embodies the requirements of service administration, sunshine administration and efficient administration, so it is legitimatebitcoin has dived into US $8000 in the day. The main reason why bitcoin is so powerful is that its price is high, its valuation is high, and investors make huge profits. Bitcoin itself does not generate profits, but its total market value is several trillion. Any rash will make investors realize their profits
with the continuous improvement of science and technology, the continuous development of the Internet and the emergence of emerging instries, bitcoin has gained more development in our times. As an emerging instry, bitcoin has attracted many people's attention, and its price has increased tens of thousands of times in a few years, which is the performance of wealth legend. Bitcoin's price is high and its valuation is also very high. Investors have made huge profits in the short term. Bitcoin itself does not proce profits, which leads to the deviation of valuation. The total market value is as high as several trillion. This shows that the chips have been loosened. This is also the reason why bitcoin's price is so strong
3. Can bitcoin the bottom
bitcoin's intra day plunge of US $8000 is indeed very volatile, but for ordinary investors, I do not recommend bottom hunting, because bitcoin is a high-yield and high-risk investment variety, and the fluctuation range is as high as RMB 45000 a day. In this way, not all legal persons can bear the fluctuation. There is no sign of stabilization for this position, so bottom hunting bitcoin is not recommended, In particular, general investors are not recommended to participate, so the risk is relatively high
Bitcoin is just a virtual digital currency, its core is just an open source software project, anyone can it and launch their own version, but in recent years, it has been fascinated by investors all over the world. Since the beginning of 2017, this virtual digital currency has been more like a roller coaster, and the price has been rising, which has shocked the whole market. Yesterday, a top wall street strategist thought that bitcoin would rise by another 40% next year, and the target of bitcoin by mid-2018 was expected to be $6000
the notice requires that financial institutions and Payment institutions should correctly use the concept of money in their daily work, pay attention to strengthening the ecation of the public's knowledge of money, and incorporate the concepts of correct understanding of money, correct treatment of virtual goods and virtual money, rational investment, reasonable control of investment risks, and maintenance of their own property security into the content of financial knowledge popularization activities, We should guide the public to establish a correct concept of money and investment
in the future, as the central bank starts to tighten monetary policy, the price of bitcoin may usher in further decline foreign media reported that in the latest trading day, as the power of shorting bitcoin began to fight back, the price of bitcoin once fell to $48000, with a decline of 17%. However, as many long institutions began to increase their positions, the price of bitcoin rose again, and the long short fight was fierce, and the price of bitcoin fluctuated frequently in several trading days. The market's view of bitcoin has graally become polarized. People who look at bitcoin are extremely optimistic that bitcoin can replace gold and become a rare asset. But people who watch bitcoin think that bitcoin is worthless, like a hoax, the final bubble will burst. p>
Bitcoin is a kind of virtual encryption form of digital currency, which is generated by specific algorithms and a large number of calculations. Different from other virtual currencies, the number of bitcoin is very limited and scarce
on April 18, the virtual money market appeared again; Diving & lt; Not long after & lt; Bitcoin fell below $52000; Compared with the record high of a few days ago, the decline rate reached as much as 19.5%. This fluctuation has had a great impact on the market, and more than 40 billion yuan has gone up in smoke
this time & quot; Diving & quot; Is it & lt; Diving & quot; In fact, the problem of bitcoin is no longer important. The wealth bitcoin can bring is very attractive, which will make many people unable to stop, but they also understand the risk. Finally, there are gains and risks in virtual currency. I hope we don't want to be reaped; Leeks & lt
This big drop in bitcoin prices can be said to have directly led to the collapse of many people. And behind this slump, many people doubt whether there is someone behind bitcoin operating in the dark, controlling the price of bitcoin. Today, we will discuss whether there are hidden operations behind the 470000 people's explosion{ RRRRR}
Third, how to treat the black box operation behind
many people say that the transaction price of bitcoin is controlled by several groups. They control the rise and fall of bitcoin to keep their own funds rising. To tell you the truth, it's possible. As long as you have a lot of bitcoin, you can control the market. But to tell the truth, if we harvest leeks simply by controlling the market trend, it's a bit of a fuss for such a large amount of funds