Bitcoin's total gain
some people want to see more regulation of bitcoin, because when the government regulates bitcoin, it will claim that bitcoin is legal or illegal. If it's legal, the laws governing bitcoin can help people measure its availability and longevity
on the other hand, some of us are afraid of government regulation, because the overall view of decentralized money is to keep it decentralized so that no one can control it. The government controls the amount of legal tender in circulation in the country. They can make more money, but they can't directly rece the amount in circulation. Wallet address storage bitcoin and wallet may be accidentally deleted, or they may be locked by forgotten password, but only 21 million bitcoin will be cast. This allows the value of bitcoin to increase over time rather than decrease
now imagine the government's announcement that they are only allowed to exploit cryptocurrency, and only their currency is legal in their country. Well, now we are in the same situation as before the invention of cryptocurrency. The government takes all the money, and they can start and stop mining at will. Maybe they'll even change the code to do more money mining when there's not enough money. The only difference is the form of the trading currency. Cryptocurrency regulation can bring a lot of terrible things, and some people are very afraid of the new rules
those who promote the regulation of bitcoin will buy more bitcoin and increase the value of bitcoin, but those who are afraid of government regulation may start panic selling when news such as nydfs bitlicense comes into play. This makes it possible for government regulation to affect the price of bitcoin. The price of bitcoin is stable. You can explain the news in two different ways
factors affecting the price of bitcoin 6: acceptance of bitcoin
no one uses bitcoin as currency, and bitcoin will not be used for any purpose as currency. When people pay with bitcoin, they are increasing their credibility and showing the world that someone wants to pay with bitcoin. Many people in companies like Dell, Newegg, and dish networks have taken the power of bitcoin to inform and allow customers to use it to buy their procts and services. Xapo offers a new credit card that allows you to use bitcoin for stores that accept regular debit cards
although shoppers have no direct impact on prices, they do help spread bitcoin around the world as a viable currency. Therefore, the impact of bitcoin shopping on bitcoin price factors has no short-term impact, but they provide a larger market
factors affecting bitcoin price 5: Mining
the more miners there are, the more secure the network will be as long as no one owns 51% or more of the network. When an entity owns at least 51% of the mining power in the network, 51% of the attacks may occur
for example, a person can buy a mansion with 10000 bitcoin. The real estate agent who sells the buyer's mansion receives the money and transfers the contract to the buyer to complete the transaction. Buyers now have luxury homes, and real estate agents get 10000 bitcoins from sales, right? Well, buyers have 51% of the bitcoin network hash rate, and they want to return their money while keeping the house. The buyer allocates the block chain before the transaction, and uses 51% network hash to compete for the official part of the fork, so that the new branch is longer than the original branch. In doing so, the entire network now treats the new branch as legal and the original branch containing 10000 BTC transactions as illegal. That means the buyer now has his 10, 00 BTC back. This is called a 51% attack
the 51% attack probability that affects the bitcoin price is the potential panic selling
e to several reasons, the impact of general mining, bitcoin price factors declined slightly. Some miners keep their bitcoin as part of their buying and holding strategies, while others cash in legal tender. Miners also have high electricity bills to run their equipment, so they often sell a large profit for legal purposes in order to pay for their electricity bills
factors affecting the price of bitcoin 4: media opinion
the media does play a role in the price of bitcoin
when most people read the news, most people will take action based on the news. For example, if the news says ghash. IO has 51% network hash value; Some people may launch DDoS attacks on ghash. Io. In front of the mountain, China's news trading is quite profitable. GOx crashes. People will sell panic crazily, so everyone who knows the latest news knows that the people's Bank of China will pitch on bitcoin, and then it will become a rumor that they will sell their collection and buy it back when the market starts to rise again
the key factor influencing the price of bitcoin in this news is the articles it provides. People will buy or sell bitcoin according to its content and send it with higher or lower value correspondingly
factors affecting the price of bitcoin 3: large enterprises mp money
bitcoin is not accepted everywhere; Not every employee wants to accept bitcoin's salary, and not every government system will accept bitcoin and other taxes. Before the world catches up, there are still things to pay in fiat money, so companies usually sell most of bitcoin to pay for their business. Just like the so-called "mping", the value of bitcoin will be in a low state. Depending on the company's sales volume and how many companies were selling bitcoin at the time, this could mimic "panic selling" and cause the price of bitcoin to collapse
the decline in the value of bitcoin is the key factor influencing the price of bitcoin for large enterprises that prefer fiat money< As you can see above, the common reason why management factors work in this way is that they buy and sell bitcoin in other currencies. When traders sell bitcoin on the exchange, the price is very low, and the price usually doesn't change, or the change is very small. If the trader is a large holder of bitcoin, that is, a person with a large number of bitcoin about 1000 + BTC, the price of bitcoin will drop significantly e to its large sales. Generally speaking, orders from large number of cash holders will not be filled with a single price, which is the reason for the price decline. Someone may buy a BTC for $600; Another may buy 20 BTC for $598; There may be more transactions of different values in the middle, and then the seller will sell 0.1 BTC to the buyer for $500. What is the new purchase price of bitcoin? Maybe 499 dollars
for all people selling bitcoin in the transaction, the price factor of bitcoin is always a decline in the value of bitcoin
factors affecting the price of bitcoin 1: trading volume and frequency of exchanges
of course, the primary factor affecting the value of bitcoin is how many people are willing to pay for bitcoin. When you place an order at the exchange to buy bitcoin, you can determine the value of bitcoin to you. The more people are willing to buy bitcoin, the greater the chance of increasing the overall value of bitcoin. The seller sells the highest bid first, so whoever is the current highest bidder is the one who decides the value of bitcoin
when someone buys bitcoin on the exchange, the factor that affects the price of bitcoin is that the value of bitcoin always rises
a formula for calculating the stock price
the rise and fall of the stock is calculated by comparing the closing price (or current price) of the trading day with the closing price of the previous trading day
calculation method of rise and fall range: the difference between the closing price (or current price) of the day minus the closing price of the previous trading day and then dividing the closing price of the previous trading day
calculation formula of rise and fall range: Rise and fall range = (current price - yesterday's closing price) / yesterday's closing price * 100% (the calculated value is positive for rise and negative for fall)
at present, the trading rules of Shanghai and Shenzhen stock markets are as follows: generally, the maximum limit of the rise and fall of each trading day is + - 10% for stocks, + - 5% for St stocks, and + - 44% for new stocks on the first day of listing, and the rise and fall of other special regulations are calculated separately
The downtown area of Cheng is Jinjiang District, located in the core area of Cheng City, in the southeast of Cheng City, and the seat of Sichuan Provincial People's government and Sichuan Provincial People's Congress. Cheng is a commercial and financial center, covering the whole southwest region
there are Centennial golden street Chunxi Road, the heart of the City Tianfu Square, the commercial center Yanshikou, the garden of flowers Sansheng Flower Town, etc. There are Chunxi Road, Yanshikou, Hongxing Road, Dacisi, dongdajie, Cheng Yuanyang taiguli and other business districts in the area
extended data:
Cheng, capital of Sichuan Province, national central city of China, economic center, science and technology center, financial center, cultural and creative center, foreign exchange center, comprehensive transportation and communication hub in Western China, science and technology, commerce, financial center, transportation and communication hub in Southwest China, Business logistics center, comprehensive transportation hub and high-tech instrial base of the people's Republic of China. It is an important central city in the western region
the downtown area of Cheng includes Jinjiang District, Qingyang District, Jinniu District, Wuhou District, Chenghua District and high tech Zone
At the beginning of the 21st century, Cheng government defined the central urban area as all areas within the Third Ring Road of Cheng. Later, Cheng Planning Bureau expanded the central urban area into the area within Cheng Ring Expressway (Note: including Longquanyi District, Xin District, Pi District, Shuangliu district and Wenjiang District extending into the area within the ring expressway)For this bitcoin, we all have a certain influence on it< because bitcoin has a group of people investing in 2021, it is in a very good state as a whole, which makes many people feel that bitcoin is a very good choice so they will choose to dig bitcoin at this time. We can also understand the occurrence of this event, because for many young markets, they still make us feel very good when facing this kind of thing, so what I don't understand is that nearly 20% of Internet cafes in South Korea choose to mine at this time, We all understand this, because bitcoin itself belongs to virtual currency{ RRRRR}
so this tells us that many people do not keep a good attitude in the process of choosing bitcoin, which will naturally have a very bad impact on us at this time
We invested 1 yuan in that year, and now we get 10.8 million yuan! The market value of bitcoin can buy 22 Yunnan Baiyao, which has increased by more than 10 million times in ten years. After breaking through 25000 US dollars on the 26th, the transaction price of bitcoin continued to rise< as of 14:24 Beijing time on the 27th, data from coindesk showed that the price of bitcoin was $27372 each, up more than 10% in 24 hours
the key to maintaining monetary belief is scarcity. In primitive society, shells were also used as currency. This is because people find that shells also require a lot of labor time< the scarcity of shells determines the intrinsic value of these shells but if people go to the seaside and find endless shells everywhere, the shells will become worthless and people will start to use other scarce commodities as money
As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)
it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times
that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price
expansion data:
24 hours, the whole network burst warehouse 4 billion 600 million
controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long
on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours
According to the historical data, the short position burst on the 27th was up 136% compared with the previous trading daySince the birth of bitcoin in 2009, the first price to buy bitcoin in 2010 was about US $0.0025. At a price of $27000, bitcoin has risen 10.8 million times since its birth< In other words, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million even with bitcoin's amazing growth, Citibank recently announced a target price of $300000, which is 11 times the current price
Although centralized trading has many fatal disadvantages. 100% of the existing currencies and banks in the world are issued or abandoned by the National Central Bank, and ordinary people cannot participate in the issuance of currencies and banks or the central bank accounts. If the Central Bank continues to issue money silver, it will continuously dilute people's money silver and rece the purchasing power of money silver. It's not shocking at all. This has happened in some countries in the world. Take Zimbabwe as an example. In recent years, the government issued a large number of currency and silver, which led to the collapse of Zimbabwe's economy. Finally, the US dollar had to be introced into the local legal currency and silver< Economists are considering replacing bitcoin in Zimbabwe