Why is virtual currency horizontal

1.

virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies

virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software

extended data:

real risk

as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers

fraud

the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players

Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>

impact system

in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies

if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation

reference: network virtual currency

2.

There are many reasons for bitcoin's collapse. I think it is mainly because it has no government policy support, the conflict between cash bitcoin and virtual bitcoin, and the decline of public confidence in it. First of all, bitcoin is not supported by the government. It is not protected by relevant government policies. In China, the protection of the government is a big protective film. With policy protection, the impact of this slump will be minimized, and the government will share part of the pressure{ RRRRR}

in any case, there are a lot of reasons for bitcoin's collapse, and each has its own views

3. Virtual currency is illegal in China, which has been explained in written documents. Be careful not to cheat.

4. Small currencies are easy to be controlled, and some small exchanges even participate in the control process. It mainly includes four steps: sucking, washing, raising and shipping
Step 1: attract funds. In the digital money market, only when the number of chips of the makers reaches 30% or more can it be controlled. In order to get more chips at a low cost, the dealer will release negative news, and at the same time use the chips in hand to actively hang up the order and sell at a low price. The price is lower than the normal price, which makes the transaction currency price fall in real time. The retail investors who do not know the truth are easily affected by the negative news and the falling market, and panic, so as to sell the chips in hand, and the dealer will buy the chips at a low price
Step 2: prepare. The purpose of the market washing is because some retail investors may also buy at a low price in the process of low-cost fund-raising. By continuously maintaining the horizontal fluctuation, we can strengthen the sad mood of retail investors, and let these retail investors who are not determined to hand over their chips, so as to prevent them from losing money in the later process of market pulling, Retail investors sell at a high level (at this time, retail profits are relatively large, and the possibility of selling is very high), and they trap the makers
Step 3: pull up. Makers will release good news, such as which country has introced good policies, to what extent the technology has been realized, which institution has invested, etc
Step 4: shipping. Makers in the shipment, often can not be a one-time all out, otherwise too obvious, there will not be enough retail then plate, unable to retreat. Therefore, the dealer will generally be in high batch shipment, that is, high range shock way batch shipment. Make huge profits
at present, in the virtual currency market, small exchanges also have the possibility of controlling the market. The bigger the market, the less likely it is to be manipulated, because the cost of pulling and smashing the market is very high. At present, the top three trading volume of the exchange are: 1. Qube2. Bitmex3. Okex; In addition, not only small currencies, but also some well-known currencies, such as EOS, are controlled by the makers. Dynamic K-line analysis, as long as to observe their trading map, can know a general, so EOS in the dealer after the whole body, the currency price has not gone up.

5. At present, bitcoin does have this risk, because bitcoin is relative to the currency issued by the state, and there is no strong guarantee from the state.

6.

I think some people might give up. But on the whole, I won't give up. How far can bitcoin go? It's hard to say. There are too many unknowns. You have invested in so many costs. Although you can stop losses in time if you give up now, some small investors may give up, but it is impossible for large investors. Because stop loss can't stop that much. In addition, although bitcoin has plummeted, the confidence of the masses in it has not completely collapsed. After all, bitcoin was very brilliant at that time. After the crash, many people believe it will rebound{ RRRRR}

I feel that bitcoin has a long way to go. The future market is full of uncertainty. How can bitcoin survive and go further. We need to think it over

7.

Virtual currency is a hot topic in recent years, and many people have made a lot of money because of it, but the current situation of these people is so sad

some people become famous and realize the freedom of wealth, while some people continue to speculate like gamblers and lose everything

03: besides three sides and three kinds of regret, I know another one that is more interesting

this kind of people all heard that other people made money from it, and then they regretted very much. Why didn't they buy a few bitcoins in those years

then, in order to make up for this regret, these people are crazy, looking for this coin and that coin every day, spending all their savings, but in the end, few of them increase their prices

you should know that scarcity is the most important thing. Now all kinds of virtual currencies have been saturated for a long time. What's the use of joining in this? If you don't say anything else, just bitcoin, a lot of people can't do it, OK

8. It's not easy, because big money hasn't entered the market. Some people have invested money in the early stage, and when they see that they are making money, they think that someone else will come in to take over the market. As a result, the currency circle market is so chaotic now, and many people don't enter the market. What can we do? We have to wait for the right time

9. Sideways is also called consolidation. Sideways refers to that the stock price fluctuates in a small range over a period of time without obvious upward or downward trend, and the stock price is in a state of consolidation. The amplitude of the market at this stage is small, but bitcoin binary options can gain as long as there is an amplitude. For example, bicbank bitcoin Binary Options platform has a fixed income of 80%.

10. Usually refers to the price fluctuation range is small, relatively stable, the highest price and the lowest price difference is not big.