Bad news of virtual currency
The reasons for the sharp rise of bitcoin are very complex, mainly e to the continuous admission of institutional users through the compliance channel. In short, many bitcoin holders do not really understand bitcoin itself, but just regard it as an investment proct with huge profits, but ignore its risks
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation
e to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes, and by 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
if the mobile phone can't be used normally e to system failure or has problems after self brushing, it is recommended that you send the machine to the after-sales service center for inspection and treatment by the engineer
supplement:
1. Due to the instability and compatibility problems of some third-party websites or forums, it is not recommended to try to swipe the computer if they are not professionals
2. In order to improve the user experience, Samsung mobile phone provides system update service. If there is a new firmware, there will be push update notification. You can perform the following operations: settings - (about mobile phone / about device) - System Update - Automatic Update - turn on.
nowadays, the imitation of bitcoin is very difficult, and people are becoming more and more sophisticated. Most of them are asset-backed digital currencies. For example, Puyin group launched a billion digital currency Puyin based on one billion Tibetan tea. At present, it is quite popular in China, and it is the currency with the largest transaction volume on jucoin.
since China's reform and opening up, especially after China's accession to the WTO, the pace of China's economic integration with the global economy is accelerating, enterprises are more and more closely connected with the international market, and are more and more affected by the international commodity market and financial market. In recent two years, e to the rapid expansion of domestic economy, China has become more and more dependent on the international raw material market and proct sales market. The significant change of exchange rate will have a great impact on the performance of listed companies and the trend of the whole stock market
when the international hot money expects RMB appreciation, it will try to buy RMB or RMB assets. Because RMB is not a freely convertible currency at present, there are still some difficulties in purchasing RMB. However, it is much easier to buy RMB assets, so it is a good plan to buy stocks.
RMB appreciation affects the stock market more through the impact on listed companies. The impact on listed companies is mainly transmitted through the import and export chain. The enterprises with greater dependence on import and export are more sensitive to the change of RMB exchange rate. The specific impacts are as follows:
1. Aviation: it generally has huge foreign currency debts, mainly in US dollars or Japanese yen, and RMB appreciation will bring relatively large exchange earnings. In addition, the appreciation of RMB will lead to a corresponding decrease in the cost of aviation oil and materials. For example, China Southern Airlines has the largest amount of foreign debt, which is mainly in US dollars, equivalent to 32 billion yuan. RMB appreciation of 2%, the company e to exchange earnings, earnings per share increased 0.06 to 0.08 yuan
2. Petrochemical instry: as a big oil importing country, China's imported oil accounts for a large part of the cost of petrochemical procts. If RMB appreciation, it will have a positive impact on the petrochemical instry as a whole. At present, Sinopec, Shanghai Petrochemical and Yangzi Petrochemical Import billions of yuan of crude oil every year, and the appreciation of RMB will rece the cost of imported crude oil
3. Textile and clothing instry: China is a big textile exporter, and the appreciation of RMB will rece the price advantage of Chinese procts, and the benefits may be reced e to the al impact of export volume and price. Comparatively speaking, the impact of domestic market is relatively small, while the impact of export-oriented is relatively large. Now the appreciation of RMB will rece the expectation of Europe and the United States on the tariff increase of China's textile instry.
4. Automobile instry: 70% of the main parts of China's automobile, such as engines, depend on imports, accounting for the main part of the automobile cost. If RMB appreciation, the import price of auto parts will be reced, which will greatly rece the cost, which is good for enterprises. However, China's automobile instry has poor competitiveness because it does not have its own superior technology. Once the RMB appreciation, the price of imported cars will also be reced, and the price advantage of domestic cars will be impacted, which will affect the sales of cars
5. Real estate: RMB appreciation will comprehensively enhance the value of domestic real estate assets. The expectation of continuous appreciation will be good for the real estate price in the long run, while the expectation of RMB appreciation will be stronger, which will inevitably attract speculative funds to continue to flow into the real estate market and continue to increase the scale of investment in commercial real estate in China's central cities. Commercial real estate developers and retail companies with the concept of commercial real estate revaluation can fully enjoy the benefits of RMB appreciation
6. Tourism: the appreciation of RMB and the devaluation of US dollar make the outbound tourism of domestic residents cheaper, while the inbound tourism of foreign tourists is relatively expensive, which is obviously unfavorable to the domestic scenic spot companies, but beneficial to the listed companies of travel agencies
7. Paper instry: the foreign exchange consumption of paper instry ranks the third in domestic instry, mainly including imported wood pulp, imported non pulp and imported waste paper. The cost of pulp in China's paper instry accounts for 70%, and 38% of the pulp is imported. The exchange rate adjustment will directly rece proction costs and improve the profitability of the instry. But at the same time, it also makes the imported finished paper cheaper, which may have a certain impact on domestic enterprises
therefore, from the perspective of capital, judging from a long period of time, the expectation of RMB appreciation is concive to the development and prosperity of China's stock market. But in the short run, the appreciation expectation of RMB will restrain the stock market.
bitcoin shows that the price of virtual currency is still extremely unstable, and there may be great risks in the future. Once the bubble burst, the game will be over. ring this period, cryptocurrency originally benefited from the listing of the first virtual currency exchange, and the market was very good and the mood was very high. But the good news did not last long, and soon negative news came from regulators, and the price of cryptocurrency plummeted. Among them, bitcoin fell by more than 20% in one trading day, and the price fluctuation surprised many investors in the market. Not only bitcoin, but also the price of all cryptocurrencies on the market are falling with the market