Analysis of the current situation of virtual currency

1. Here's bitcoin
bitcoin price has been cut by the waist
how to implement blockchain application is still the main problem. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage. Looking back to the second half of 2017, the price of bitcoin almost reached a new high every day, and finally reached the peak in the South Korean exchange with the highest premium in the world - about 140000 yuan per piece. On June 3, 2018, as of press time, coinbase bitcoin trading platform quoted 49688 yuan, and the price of bitcoin has been cut. Since the beginning of this year, the price of bitcoin has rarely seen eye popping ups and downs, and the overall trend of monthly decline
bitcoin development status
according to the data of the in-depth analysis report on business model innovation and investment opportunities of the blockchain instry released by the foresight Instry Research Institute, bitcoin prices showed a downward trend in May, with the overall market value falling from US $157.3 billion at the beginning of the month to US $127.4 billion at the end of the month, a decrease of 19%; In addition, there are 444000 active addresses and 197000 transfers per day. From the trend point of view, the number of active addresses and daily transfers are positively correlated with the transaction price. In May, the overall trend is volatile, and the downward trend is very obvious
reasons for the steady decline of bitcoin in the past half year
how to understand the "steady decline" of bitcoin in the past half year? There are two main reasons: firstly, the most important reason is that institutional investors and speculators who have accumulated a large number of "profit" are cashing in their profits and leaving the market; Secondly, before the blockchain instry has no real application and profit model, the rise of bitcoin price can only be regarded as speculative speculation. In addition, it is an undeniable fact that the Central Bank of China has made a decisive move to close the bitcoin trading platform, which has achieved remarkable results in preventing bitcoin speculation
at present, the domestic bitcoin exchanges have basically moved to foreign countries, which has nothing to do with China. Investors operate on those platforms at their own risk
the current market is not very good. Only when the market is good, can investors find ways to participate in bitcoin investment. As the total market value of the coin circle is still small, with more blockchain applications, there is still potential in the future
over consumed blockchain
e to the "tepid" price of bitcoin, blockchain, as its underlying technology, has reached the level of "known to all women and children", and even surpassed bitcoin in recent years
recently, a series of related reports are suspected of making up for the number and full of hype, and blockchain has obviously been over consumed. In addition to bitcoin, the large-scale application of blockchain in other scenarios has not yet reached the commercial stage
with the graal deepening of the understanding of blockchain technology, domestic enterprises have laid out blockchain technology, platforms and applications, including Internet enterprises such as network, Tencent, Ali, Jingdong, Netease, major banks, financial enterprises such as Ping An of China and Huawei. In terms of application, China actively explores and promotes blockchain + applications in the form of alliance chain and private chain to help solve the pain points of related instries, improve efficiency and rece costs.

2. virtual currency is not real currency. Virtual currency can be roughly divided into three categories:
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC) and Wright currency (LTC). Bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.

3. Bitcoin market is now super good, at the end of November 1 bitcoin price exceeded 80000 yuan!

4. At present, Germany, France, the United Kingdom, the United States and other European and American countries hold a positive attitude towards bitcoin as a legitimate private property, and more than 100000 businesses accept bitcoin payment in the world. In China, it can only be traded on platforms such as fire currency, and can not be used as general currency.

5. The short-term decline is stable, and the long-term future is still bright. Those who follow suit and hear about cutting meat are people with no foresight. The reason is very simple. It's obvious that the big investors in the trading platform have known the policy for a long time, but why didn't they sell before the policy? It's obvious to receive the currency at a low position to pave the way for next year's rise
finally, bitcoin can not be controlled by one country. Europe, Germany, France and Britain are optimistic about bitcoin. Although the United States has no policies, it encourages innovation, and Wall Street VCs are pouring in. China has only closed the intermediary platform, and banks are still going through. Then why not completely ban it? Just be cautious. Bitcoin still needs the west to lead the way, and China will catch up sooner or later.

6. In the middle of this month, with the strengthening of the supervision of ICO and bitcoin, bitcoin China, fire coin, okcoin and other virtual currency trading platforms successively announced that they would stop all virtual currency trading business at the end of September and October
in recent years, the price of bitcoin has risen rapidly, which has led to the rise of a number of virtual currencies, and then triggered a large number of people to follow suit. In the market, there is a saying that "it is better to speculate in stocks than in real estate"
however, the explosion of bitcoin has also caused great controversy. J. P. Morgan CEO Jamie; Jamie Dimon snapped bitcoin in the middle of this month, calling it "a fraud.". Recently, Mike Novogratz, a legendary fund manager who has sung many digital currencies, said, "bitcoin will be the biggest bubble in our life." The following is the full text of bitcoin China announcement:
bitcoin China will close the digital assets and RMB recharge function at 12:00 noon on September 27, Beijing time
the ensuing ban on bitcoin mining is natural.

7. "Aslong coin was born in Du. It was jointly promoted by computer experts from Arab countries, France, Britain, the United States, South Korea and Australia. It is determined to push aslong coin to the forefront of the instry. Aslong coin is also a globally used encrypted electronic currency with user autonomy. Its operation mechanism does not rely on the support or credit guarantee of the central bank or enterprises, but on the network agreement reached by seed files in the peer-to-peer network. The decentralized and self-improvement monetary system theoretically ensures that no one or institution can control the total amount of aslong coin, Or create inflation. At present, the total amount of asrons is 7 billion, which aims to give everyone in the world a chance to have him. "-- Network

to put it bluntly, this is a kind of counterfeit currency, without any innovation, and even the source code is not public.

8.

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

9. The German DAX index tracks the value of the 30 largest and most liquid companies trading on the Frankfurt Stock Exchange (FSE), the largest stock exchange in Germany and the tenth largest in the world
mdax is composed of 30 DAX components and 70 mdax components.