Number of bitcoin burst
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
On March 12, 2021, bitcoin broke $58000 again, more than 90000 people burst their positions by 4.3 billion yuan in one day
On March 1, bitcoin fell back to US $43000, but it rebounded again e to the recent entry of several Wall Street billionaires. However, according to the statistics of bitcoin home, there were more than 91000 people and more than 4.3 billion yuan in the past 24 hours. About 6:00 to 7:00 on the 12th, nearly 159 million yuan of funds were burst{rrrrrrr}
extended data
the surge of bitcoin may aggravate the shortage of chips
some people think that because "mining" equipment needs long-term high load operation, its life is generally short, but with the surge of bitcoin, many people will continue to increase the investment in "mining", This will further aggravate the current global chip shortage, and even eventually lead to a large shortage of cars, computers, mobile phones and other procts, and a surge in prices
According to media reports, since the end of 2020, cryptocurrency has ushered in a "soaring" mode. The unit price of one cryptocurrency has continuously crossed the threshold of US $20000 and US $25000, and now it has reached US $27000, with a unit price of about 180000 yuan
bitcoin prices soared, but investors still need to be cautious
at the same time, Tesla CEO musk also showed interest in bitcoin through social media network, saying that the structure of the currency is perfect, revealing Tesla's intention to buy bitcoin. And predictably, when these "big guys" join in, the price of bitcoin will continue to soar
the price of bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; As demand decreases, prices fall. At present, only a few bitcoins are in circulation, and new bitcoins are issued at a predictable rate of graal decline, which means that demand must follow this inflation level in order to maintain price stability. Compared with the market scale it may become, bitcoin is still a relatively small market at present. It does not need a lot of money to make the market price fluctuate up and down. Therefore, the price of bitcoin is still very unstable.
Bitcoin fell by more than 16% in 24 hours, with 110000 people exploding, nearly 6.7 billion. Instry insiders said that no matter the price of bitcoin is in a big trend, if there is no big capital injection, this is almost inevitable, and even will continue to touch the threshold of $20000 in the future{ RRRRR}
now is not a good time to start with bitcoin, because the price of bitcoin is graally falling. If you buy it at the price of $29000, it is not sure when it will return to $29000 in the future, because in recent days, the price fluctuation is just like a roller coaster, It's common to say that you can fall if you want to fall, and that you can fall or rise by more than 10% in one day. So the risk is too big now. If you really want to start, you have to take high risks, and you may make a lot of money, but you may also lose a lot
Bitcoin fell to 58000 yuan and 180000 people burst their positions. The affected groups are:
1 2 3 bitcoin, as a virtual currency in emerging instries, has attracted many people's attention. After bitcoin's sharp rise, the fluctuation began to increase, which caused fatal harm to many people. Bitcoin fell to 58000 yuan and 180000 people burst their positions. The affected groups were mainly those who increased their positions at a high level. The cost of these people was relatively high, and a little fluctuation would lead to big losses; At the same time, people who buy bitcoin with leverage or financing have weak ability to resist risks, and violent fluctuations will lead to their positions bursting. They should be the group most affected and the group with the most serious losses among the positions bursting groups; Finally, the trading maniac, keep chasing up and down, this group influence is also relatively large the people who chase up and down may not be as miserable as the above two groups. However, with a large number of transactions, the people who chase up and down every day will also suffer losses. This kind of thing consumes a lot of energy, but the loss of money also has a greater impact on them, and they are also a relatively influential group
Burst position means that some people go up and some people go down. Although we can't describe bitcoin as a zero sum game , many people do suffer serious losses
for those small partners who recognize bitcoin, they very much recognize the value of bitcoin and believe that bitcoin will continue to rise in the next few decades
for those who deny bitcoin, they think bitcoin has no value, it is just a bubble of capital. I personally prefer the latter view. p>
bitcoin has more than 110000 people in one day
this news is absolutely a sensation in other instries, but in the bitcoin circle, it is a very normal phenomenon that more than 110000 people burst their positions. We know that bitcoin's big ups and downs are very common. Now bitcoin has broken through $60000, reaching the highest level ever. During this period, 110000 people will burst their positions at the same time on the same day. We can imagine how many people will lose money{ RRRRR}
This big drop in bitcoin prices can be said to have directly led to the collapse of many people. And behind this slump, many people doubt whether there is someone behind bitcoin operating in the dark, controlling the price of bitcoin. Today, we will discuss whether there are hidden operations behind the 470000 people's explosion{ RRRRR}
Third, how to treat the black box operation behind
many people say that the transaction price of bitcoin is controlled by several groups. They control the rise and fall of bitcoin to keep their own funds rising. To tell you the truth, it's possible. As long as you have a lot of bitcoin, you can control the market. But to tell the truth, if we harvest leeks simply by controlling the market trend, it's a bit of a fuss for such a large amount of funds
On May 1, bitcoin broke through the $58000 mark, with a 24-hour increase of nearly 9%. In terms of position explosion, according to statistics from three parties, in the past 24 hours , the number of positions explosion of bitcoin was 252 million US dollars, and the number of positions explosion was 45000 people
Dean, former general manager of JPMorgan Chase, said he was optimistic about silver and bitcoin. "By the end of the first quarter of next year, the price of silver is likely to reach $35 to $40," he said. As for bitcoin, by the end of this year, it may be more than $100000, or even $150000. "
In addition, Dean predicted that gold and bitcoin are expected to usher in a new wave of investors seeking to avoid inflation. Considering that bitcoin is a relatively new asset, the new growth trend of its investors is expected to be more obvious Munger continued to attack bitcoin on May 1st, local time, the annual global investor's meeting, the general meeting of shareholders of Warren Buffett (Berkshire Hathaway) arrived as scheledwhen asked how to evaluate bitcoin, Buffett said that he and Munger did not hold bitcoin and declined to discuss this topic. Munger said bluntly, "I hate the success of bitcoin. I don't like this virtual currency to kidnap our existing currency system. Bitcoin is like a financial proct born out of thin air, but it can make billions of dollars. I am not satisfied with this. It is contrary to the development of our civilization. "