Virtual currency press conference

1. The mainstream news media of such a grand meeting are all reporting. Basically, they can't access any information of the meeting on the Internet. The information of the meeting seems to be confidential. I haven't heard of this meeting in the coin circle
this kind of conference is often a pyramid marketing conference or a direct marketing conference, and the participants are basically the same kind of people. The scale of the conference is often relatively grand. At present, it is a kind of illusion to the participants, which makes people think that the organizers are powerful
it is suggested not to attend these so-called international virtual currency summit. The people who attend the summit are basically no real talents, they are just liars. There are only some real talents in the meetings held in the coin circle, such as the Ruitai coin conference designed by teacher Shaqian, and the meetings held by Huo coin.com and OK are attended by the big men in the coin circle. Of course, the momentum of the recent digital currency like the gold card is still good.

2. Internet digital currency itself will not cheat people. Internet digital currency is just a tool. It depends on the people who use it
since 2013, digital currency has been popular all over the world, and has been on the front page of major news for many times. But the following digital money pyramid schemes also emerge in endlessly
at present, the normal digital currencies are bitcoin, Leyte, Ruitai, Qianjin card, dogcoin, bitstock and so on
MLM coins also include Baichuan, Morgan, Zhenbao, Vicat, Zhonghua and so on.

3.

According to Yonhap, the South Korean financial commission and other financial departments held a press conference at the Seoul Office Building of the central government on the 23rd to release the results of the on-site investigation of virtual currency and the criteria for preventing money laundering, and stipulated that the real name trading system of virtual currency will be implemented from the 30th of this month, and the existing virtual currency accounts will be suspended

previously, Hong Nanji, head of the state adjustment Office of South Korea, said that virtual currency is not legal tender, and the government has repeatedly warned that there are hidden dangers in the virtual currency market, such as big price fluctuation, fraud, and hackers attacking trading institutions. However, there are still some phenomena in the market, such as the market price of most virtual currencies at home is higher than that abroad, blind speculation and so on

There are policies on the one hand and Countermeasures on the other

4. Mt. GOx, the operator of the world's largest bitcoin exchange, announced on February 28 that 850000 bitcoins on its trading platform had been stolen. This news is undoubtedly a big bomb for many investors. At a news conference yesterday, Mt. GOx executives acknowledged the shocking fact and revealed some details<

stolen
mark kalpler, chief executive of mt.gox, bowed his apology at a news conference held in Tokyo yesterday, saying that "the loss of bitcoin is e to a loophole in the company's system"
a lawyer for Mt. GOx said that almost all the bitcoins traded on the platform were stolen, including about 750000 bitcoins in the user's trading account and about 100000 bitcoins in Mt. GOx's own account. According to the trading on February 28, the loss is estimated to be about $467 million
according to media reports, mt.gox trading platform had more than 1 million accounts at its peak, mainly from customers outside Japan, including many users trading more than US $10000. Some bitcoin investors have rushed to Tokyo from overseas in an attempt to recover trading funds from Mt. GOx
on February 7, e to hacker attacks, mt.gox temporarily stopped the bitcoin extraction business, causing transaction confusion and user dissatisfaction. From the noon of February 25, users cannot log in to mt.gox trading platform. The home page of the website then pasted a "notice to customers" to suspend all transactions
Li, a native of Hefei, spent 140000 yuan to buy 124 bitcoins in October this year. Afterwards, Li joined some chat groups of bitcoin players to pay close attention to the bitcoin market. On October 22, a person named Michael in the group took the initiative to chat with Li and asked him if he was mining“ I won't, and I won't get any money. " Mr. Li replied. Michael repeatedly urged Li to have a try and sent him a "mining tool", claiming that he could use the tool to dig more bitcoin. In the subsequent chat, Michael constantly reminds Li to put bitcoin in his wallet, saying that the trading website is not safe“ From time to time, there are news that trading websites are closing down and running away. What he said is quite reasonable, so I believe him. " Li told Anhui Business Daily
100 bitcoins disappeared
Li received and installed mining tools. On the evening of October 26, he was inced by Michael to put 100 bitcoins in his wallet. However, when the bitcoin in the E-wallet just reached 100, it suddenly disappeared. Li suddenly panic God, and then contact Michael, the convenience of invisible disappeared
Li told reporters that at present, a bitcoin costs about 5000 or 6000 yuan, and 100 bitcoins are worth 500000 or 600000 yuan. Afterwards, Li reported the case to the police. However, to Li's disappointment, because bitcoin is a virtual currency, there is no relevant domestic law to regulate and protect its transactions. The police did not file a case“ Now, this man named Michael is still active on the Internet. He's just taking advantage of the law. " Li told Anhui Business Daily
there is a Trojan horse in "mining tools"
How could Li's bitcoin disappear? 360 security engineer contacted him and tested Michael's "mining tool", and found that this tool is a very popular "bitcoin robber" Trojan horse this year. According to the analysis of 360 security center, most of the "bitcoin thieves" Trojans are disguised as mining tools, simplified wallets and other compressed files. Once a player is recruited, the Trojan will automatically search for bitcoin wallets and steal them through e-mail, hacker remote control and other means.

5.

Last night's bitcoin was destined to be recorded in history

at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell rapidly from $9700 to a low of $7998. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months

The sharp drop in the price of the currency has brought about a terrible situation in the contract market, which was full of blood last night

according to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added

"bitcoin crash" also appeared on the microblog hot search list again two months later

it is worth noting that a few days ago, there was news in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency. He said the goal of digital currency and electronic payment in the future is to replace part of cash

bitcoin plummeted by more than 15% in 100 minutes

below US $8000

last night, the collapse of bitcoin shocked investors again

at 2:00 a.m., bitcoin suddenly plummeted, rapidly falling by nearly $1500. 3: 45, bitcoin fell to a low of $7998, down more than 15%. This is the first time since mid June that bitcoin has fallen below $8000, the lowest level in four months

"in terms of bitcoin, this is quite a rare event," said Qiao Wang, proct director of messari, a New York based cryptocurrency centric data and research company

so far, bitcoin has plummeted nearly 35% from the highest point of US $13355 in the year

this means that bitcoin's bull market in 2019 is in trouble

since September 2, BTC has started to collapse from a bearish downward triangle, which has been noticed by most people in the cryptocurrency twitter community

some market participants said that the decline of bitcoin was partly e to technical factors. They pointed out that the digital currency has been falling in a triangle, which is a bearish signal

ZBG CMO Lizzie of the Hong Kong digital currency exchange
Lo told the fund that a series of expectations have been digested, including the expected baktt exchange online, but the trading is flat. In addition, the institutions will make corresponding strategic adjustments,
several major institutions short bitcoin

It is reported that bakkt is one of the main catalysts for the sharp rise in bitcoin prices earlier this year. However, he further added that it is too early to see the long-term impact of this futures proct on bitcoin

as of the press release, the price of bitcoin was $8651.53, down 11.08% in the past 24 hours

and the coin circle is also full of sorrow: EOS, Ethereum, etc. all fell by more than 10%

however, Lizzie Lo said that after a round of slump,
it noticed that usdt, a stable currency, had a large premium as a ticket for investment in the currency circle, which meant that there was a lot of money on the sidelines. In the medium and long term, it believes in the consensus of bitcoin, and the downward adjustment only gives opportunities for traditional funds that had not entered the market

investors were awakened by qiangping's SMS in the middle of the night

the overall collapse of the currency circle has brought about a miserable contract market, which was full of blood last night

according to the statistics of coin data, in the past 24 hours, a total of 920 million usdt (about RMB 6.65 billion) of burst orders were added. Among them, bitcoin added 6.34 million burst warehouse receipts, about 72000
BTC; EOS added 9.79 million explosive warehouse receipts, about 36.07 million EOS; Ethereum added 10.5 million explosive warehouse receipts, about 652000 eth

some bitcoin investors said that they woke up in the middle of the night last night, received a burst SMS, and then couldn't sleep any more...

the long short ratio ranged from 2:1 to 1:1

however, there were also those who made a lot of money by shorting:

according to the triple BTC short index of ZBG platform, the short profit reached its peak at 3:30 on September 25. So far, the short index has grown by 33.5% in 24 hours

Lizzie Lo points out that at 3:30 a.m., the triple shorting index reaches its peak, which means that the most people are short at that time

under the crazy counterattack of bears, the market long short ratio was slaughtered from 2:1 to 1:1

in addition, as investors sought to close their positions in the crazy sell-off, they withdrew from the market of $30 billion within 24 hours About 213.3 billion yuan)

Yi Gang: at present, there is no timetable for its launch. The goal is to replace part of M0. It is worth noting that recently, it was reported in the market that "the Central Bank of China will issue digital currency within 80 days". At a news conference yesterday (September 24), Yi Gang, governor of the people's Bank of China, said that there is no timetable for the introction of digital currency

Yi Gang said:

I would like to say a few points about digital currency. First, the people's Bank of China has been studying digital currency since 2014. We have a digital currency Research Institute and a special team, and we have made positive progress. We combine the central bank's digital currency and electronic payment tools, so it is called a package of digital currency and electronic payment

Second, what are the goals of digital money and electronic payment in the future? The goal is to replace a part of M0, that is, to replace a part of cash. It does not mean to replace M1 or m2

Third, the future framework of our digital currency is a two-tier operation system of the central bank and commercial banks, which will not change the current money supply path and system, so as to fully mobilize the enthusiasm of the market

Fourth, we will adhere to the centralized management, do not presuppose the technical route in the research and development work, we can choose the best in the market through fair competition, we can consider the blockchain technology, we can also adopt the new technology evolved from the existing electronic payment, fully mobilize the enthusiasm and creativity of the market, we have also set up a mechanism compatible with the incentive mechanism of market institutions. As for when you ask, we don't have a timetable. I think there will be a series of research, testing, pilot, assessment and risk prevention. Especially if digital currency is used across borders, there will be a series of regulatory requirements such as anti money laundering, anti terrorist financing, anti tax haven and "know your customer"

- for more data, please refer to the in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute