Virtual currency eliminates bubbles

1.

It is illegal to issue virtual currency privately

According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market

In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues

extended data

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

market formation

the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time

With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imagine

the traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being

from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage

e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere

with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal

reference source: Network: virtual currency

2. The rise of all digital currencies before [cp] is the price bubble.
we saw six big bubbles, one more serious than one, and each was epic. But when you look back, they're like dots on a chart. With every bubble emerging, trading activity soared, which is what we see now.
many investors have heard about the huge profits of early cryptocurrency investment, and they have entered the market to buy cryptocurrency in order to get higher profits. This has driven the valuation of major cryptocurrencies such as bitcoin, Leyte, ethereal and so on to soar

however, recently, the soaring market of the currency circle has ended and replaced by the bear market

just yesterday, bitstamp data showed that bitcoin fell below the $6000 mark, which was broken again after it fell below the $6000 mark at the end of June. In just two weeks, bitcoin has entered a bear market, returning to bear market for the fourth time this year. Compared with the highest level of the year set at the beginning of the year, bitcoin has long been "cut"

recently, ether currency fell by 17%, the biggest one-day drop since March. Ripple, ether and other digital currencies all fell

it is generally believed in the market that the US Securities and Exchange Commission (SEC) delayed the approval of issuing bitcoin ETF is the main reason for this round of slump. As the ETF is the first digital monetary financial proct, the setback on its listing has dealt a huge blow to the market

according to the analysis of Wall Street, if bitcoin and Ethernet become the new mainstream means of financial payment or the underlying foundation of other commercial applications, their prices will naturally drive up. On the contrary, the price downturn of digital currency may last for quite a long time[/ cp]

3. Now there are not many independent discs. The platform is trying to eliminate bubbles. Emerge in an endless stream of uneven in quality cat coins and Br in recent years, so we have to consider how to eliminate bubbles and how to achieve closed-loop platform. The following are common modes:
1 virtual currency trading platform + binary options
2 virtual currency trading platform + mall + crowdfunding
3 virtual currency + mutual aid + mall
4 split disk + entity
5 mutual aid disk + entity mall + Binary Options
6 trading platform + P2P lending

4. This devil knows, but now is not broken, in fact, everything has a bubble, in fact, you should not be concerned about how long the bubble can hold, but should pay attention to whether you can seize the opportunity.

5. With the existence of digital money for so long, it is impossible to generalize with bubbles. But the pattern and bubble of digital money is indeed the cancer and development resistance of the instry. However, after the low ebb of digital currency some time ago, now investors tend to be rational, and the government also carries out strict supervision, which also means that the "air money" and "pyramid selling money" that used to use picture cakes to circle money to cut leeks are almost nonexistent, because the regulatory authorities can't let them pass the audit. After the digital money market is regulated, how can the remaining procts be stable and reliable for a long time? In my opinion, first of all, it depends on whether the team of this proct is technically comprehensive, professional and reliable; Second, it depends on whether the implementation of the project is possible; Third, it depends on whether the platform has various restrictions and whether it is free and fair. HNB, for example, is a reliable proct with the above three features. Its team comes from blockchain elites from all over the world with rich technology and experience; With the economic base linked to the real economy, it is not easy to have currency fluctuations; The platform is free to play and to build a decentralized economy like a community. It is a proct worthy of attention.

6. It depends on whether there is gold or government endorsement. Virtual currency is issued by a company, which is pure speculation.

7. The so-called money is a fair object used to measure the value of many things. In ancient times, people used gold and silver as money, and gold and silver itself had enough value. Now, the value of the paper money we use is based on the credibility of the government, and the value of its ability can be ignored. Virtual currency is similar to paper money in that it has almost no value in itself. If the issuer has the ability and credibility, it is a myth of making wealth. However, if the issuer collapses one day, then everything you hold is just a piece of white paper, even worse than a piece of white paper.

8. Virtual digital currency has developed rapidly in recent years, and all walks of life have been affected. Now there are still many new currencies, such as BHT, which seems to be more popular recently.

9. In 1931, a small coal mine in Australia collapsed. A 24-year-old worker named Jack lived for 17 days and 5 hours by eating cinders and drinking muddy water 270 meters underground