How to see the point of virtual currency

1. digital currency has a wide range of transactions, virtual currency is small, knowledge is limited, language expression ability is general, but we have tried our best to answer, hope the answer can help you!

2. It seems that there are all of them, but the virtual currency app is recommended to fit the platform, so the accuracy rate may be higher. What virtual currency app looks at is fluency and stability. After all, in the realm of fields, it is bullish and bearish, and a point difference can determine whether it is profitable or not. Therefore, it depends on whether there will be a situation such as Caton.

3. How to use the three technical indicators to understand the rise and fall of bitcoin

coincola coying Cola
Global innovative digital asset trading platform
how to use the three technical indicators to understand the rise and fall of bitcoin
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recently, "bitcoin broke through $8000" has been on the hot search. For a while, bitcoin rose, reborn rose sharply, and Ethereum led the rise... A week later, this big play dominated by bitcoin didn't seem to come to an end, and the trading volume was once pushed up to 100 billion US dollars

in the investment world, "madness" and "fear" coexist. Today's "madness" stems from last year's long-term "fear". However, this time, coincola Cola Research Institute tracks and analyzes the technical indicators behind the rising market, and deconstructs the "passion" of the market with the "rationality" of data< (1) mining and bitcoin price

start with the relationship between mining and bitcoin. The core technology of bitcoin is "blockchain", which is connected by blocks. Each block corresponds to a bill. All transaction information and transfer records of bitcoin are recorded on the blockchain. Every other point in time, the bitcoin system will generate a random code on the system node. Due to distributed accounting, all computers on the Internet can search for the code. Whoever finds the code will generate a block and then get bitcoin. This process is mining. Calculating this random code requires a lot of GPU operations, so miners need to use mining machines with massive graphics cards to make profits

1. Bitcoin computing power: starting to pick up

remarks: June 2018-may 2019 bitcoin hash value

data source: bitcoin visual, coincola Research Institute

the above figure shows the bitcoin hash value. The hash value of the bitcoin network represents the computing power of the blockchain. The growth of computing power means that miners increase mining investment or increase the number of miners. Since the second half of 2018, the hash value has recovered from falling back to picking up, from 32eh / s at the end of the year to 50eh / s now, and the recent growth trend is remarkable. The continuous growth of bitcoin hash value (representing computing power) indicates that the market is optimistic about the future of bitcoin

2. Mining difficulty: stepped up

remarks: bitcoin difficulty from June 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the figure above shows bitcoin difficulty. Since 2019, the difficulty of bitcoin mining has increased in a step-by-step manner, from the low 5T to the current 7T. It can be seen that the rapid rise of bitcoin in this round has reced mining costs and increased market entry personnel. The increasing difficulty of mining means that there are profit opportunities in cryptocurrency market, and the market is generally optimistic< (2) the number of active addresses and transactions on the chain are important indicators reflecting the activity of cryptocurrency, which are highly correlated with the price of cryptocurrency

1. The number of active addresses on the bitcoin chain: a straight line rise

remarks: the number of active addresses on the bitcoin chain from June 2018 to may 2019

data source: coinmetrics, coincola Research Institute

active addresses refer to the addresses where transactions have taken place every day, that is, how many independent addresses conct transfer transactions on the chain every day. Since 2019, the number of active addresses on the bitcoin chain has been rising, especially in recent years. From 540.60143k in January to 832.592k now. It shows that the rapid growth of active users of cryptocurrency is a very positive signal for the market

2. The number of transactions on the bitcoin chain: continued to rise

remarks: the number of transactions on the bitcoin chain from June 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

since 2019, the number of transactions on the bitcoin chain has continued to rise, from 235k in early 2019 to 374k now. Moreover, since April and may, after two rounds of sharp rise in the price of bitcoin, the number of transactions on the chain has remained at a high level, even showing signs of a short-term surge< (3) lightning network and bitcoin price

in essence, lightning network adds a layer to the basic layer of bitcoin blockchain in order to make the transaction fast and cheap. With the existence of lightning network, users can remit money to each other at any time and pay very little. Lightning network represents not only the technical level of bitcoin, but also the important basis of bitcoin value

1. Lightning network nodes: rapid growth

remarks: bitcoin lightning network nodes from January 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

the test version of lightning network started on the bitcoin main network on March 15, 2018. The number of lightning network nodes was only 64 at the beginning of 2018 and increased to 2329 at the end of 2018. Since 2019, the number of lightning network nodes has increased rapidly, and now it has reached 4289. In less than half a year, the number of nodes has doubled. The continuous expansion of nodes indicates the continuous upgrading and development of bitcoin lightning network technology, which is an important indicator of bitcoin price

2. Lightning network capacity: speed up

remarks: bitcoin lightning network capacity from January 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the data above shows that as of May 15, 2019, bitcoin lightning network capacity has increased to 1039 BTC, equivalent to 833usd, while at the beginning of 2019, it is only 504btc, Lightning network capacity doubled, and the growth rate accelerated. This means that the expansion of bitcoin has been well solved in lightning network technology, which will help keep the payment channel active and effectively support the functional application of bitcoin

the performance of mining, chain trading and lightning network is closely related to the price of bitcoin. On the one hand, the rise of bitcoin price acts as a catalyst to stimulate its performance in mining, chain and lightning network; On the other hand, mining, chain trading and lightning network are the important cornerstone of bitcoin price trend and the important basis of bitcoin price expectation<

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4. I don't know who knows how BTC coin makes money. Now there are many platforms that use blockchain to cheat money. Each platform has different operations. Some platforms make money when you buy a bitcoin and sell it when it goes up, and lose when it goes down. There is also a platform for you to buy a bitcoin and transfer it to your wallet. No matter whether the coin goes up or down, there will be income every day. If the coin goes up, there will be more income and the coin goes down, there will be less income. Anyway, there will be income every month.

5. Prices are controlled by people. Virtual currency (digital currency) is the same as futures. In fact, it can be seen from the current data
that it is linked with the international market. Secondly, virtual currency has profits. Why is it rising slowly? Because you can see the profits, more people can buy it, and it's easier to cut leeks when the limit falls

6. This view is controversial. China's central bank defines bitcoin as a special Internet commodity, while the United States recently classifies bitcoin as a commodity. Of course, the attitude of European countries towards bitcoin is relatively ambiguous. Germany is the first country in the world to recognize bitcoin as a unit of account. However, most people in the currency circle regard virtual currency as currency. Let me take bitcoin as an example to illustrate:

bitcoin has value because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central power (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. This can be reflected in the growing number of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source

of course, some domestic digital currency scholars began to take bitcoin not as a kind of currency, but as a shortcut. Teacher Shaqian proposed the concept of currency business circle. Perhaps inspired by the recent emergence of a currency called Fuyuan coin in the jewelry instry, it is very innovative to use Fuyuan coin to replace the traditional business integral system.

7.

The latest virtual currency / digital currency market in China should only exist in the UK

seeing the answers from other friends, most of them are foreign websites, or the market is incomplete

the website of Yingwei Caiqing can view up to 2500 + digital currencies

at the same time, the app of Yingwei Caiqing can also be downloaded from major mobile app stores

8. At present, the so-called financial projects of virtual currency basically do not exist, and they are all talking
if it is a reliable virtual currency, there will be relevant reports in the mainstream media. For example, bitcoin, Ruitai coin, Laite coin and doggy coin all have media reports. And digital currency is not a financial project.