Don't speculate in virtual currency
Following the seven departments' call to stop the financing of token (ICO), under the high pressure of supervision, a number of virtual currency trading platforms, including bitcoin China, huocoin.com and okcoin.com, have successively shut down all business of the platform or RMB trading business since the 14th. What are the risks of virtual currency transaction? Why do regulatory authorities take action to rectify? What's the future of the "money speculators" who used to be crazy about it
according to instry insiders, with the increasingly clear regulatory attitude towards the virtual currency trading platform, the relevant local departments have begun to clean up and rectify the work, and some trading platforms are according to regulatory requirements, orderly stop trading business within a certain period of time, and graally guide users to withdraw their money
the reporter observed in a number of "bitcoin investment exchange groups" that with the closing of trading platforms one after another, the price of bitcoin dropped sharply, and many investors called "losing money badly". In response to the promise made by the three trading platforms that "the withdrawal of money and cash will not be affected", on the afternoon of the 16th, the reporter tried to contact the customer service of the three trading platforms by telephone, but failed to get through e to "too many consulting customers" or busy lines
the reporter learned that with the increase of the price difference of virtual currency in the domestic and foreign trading markets, in order to avoid risks and preserve value, some investors have returned the virtual currency on the domestic trading platform to the personal bitcoin wallet and switched to the overseas market and OTC trading
Wang Yongli, vice chairman of China International Futures Co., Ltd., suggested strengthening international communication and coordination, establishing international unified regulatory rules as soon as possible, and avoiding regulatory loopholes and cross-border arbitrage

at present, the whole digital money market is still in shock. The bull market in November of 17 has passed, and now it has entered a bear market for as long as three months. The money speculators who made a fortune overnight are gone forever. Please look at the speculation rationally and learn more about the underlying technology of blockchain. After all, everyone is saying that blockchain will subvert the world. Who knows what will happen in the future? At least those who get on board first may have a chance to change their lives
the last sentence: don't speculate in money if you don't have enough IQ. Especially in this period, all policies are not clear, unless you can stand loneliness and survive the long winter, spring will come one day
1. Bitcoin is a distributed account book, which is decentralized, tamperable and traceable
2. Bitcoin has strong anonymity. At the beginning, bitcoin was used by gangs and money laundering. At that time, the strong anonymity made such event transactions very safe
3. At the beginning, a large number of believers publicized bitcoin and helped it unconditionally. This may also happen when there are a large number of believers in other virtual currencies
in terms of the current trend, bitcells with blockchain invention patents in China are better than bitcoin in terms of technology.
That makes sense. The digital currency, led by bitcoin, has always attracted much attention. Especially after the sharp rise in 2017, digital currency has become a new favorite for many people. Many players of digital currency are desperate to enter the market. Whether they understand the rules or not, whether they make profits or losses, they will keep a close eye on the market fluctuations as long as they have time. The two major players in the coin circle are fried coin and Tun coin
so at present, the currency circle is full of good and bad. No matter which way investors choose, they need to improve their professional level, learn to choose, so that they can get more dividends