Okex bitcoin Market
in November, a scholar named Yang Tao published an article questioning q-coin. According to the article, virtual currency merchants such as q-coin can issue unlimited, and virtual currency becomes the general equivalent of online transactions instead of RMB, which may impact China's financial order, "and the consequences of flooding are unimaginable."
after the publication of Yang Tao's article, it caused an uproar of "torture" Q coin
is Q currency a commodity or a currency
in this debate, what attracts people's attention most is: how to define the identity of Q coin? Is it a commodity or a currency? The "ambiguity" of q-coin lies in that, to a certain extent, it seems to have some "payment" function
"Q currency shows the attribute of commodity rather than information currency," said Alamus, deputy director of the policy and regulation committee of China E-Commerce Association. Shells, precious metals and other commodities with certain use value have been used as equivalents for commodity exchange. This special equivalent is different from the general equivalent in that it is also a commodity and has certain practical functions. "
according to Alamus, q-coin itself is a kind of commodity, just a special commodity with exchange function in a certain range
Lu suiqi, deputy director of China Financial Research Center at Peking University, believes that q-coin does not have the typical characteristics of currency
"whether a commodity can become a currency depends on whether it can act as a general equivalent, whether it can act as a substitute for real currency, whether the issuer has a credit background, and q-coin almost does not have these characteristics. Q-coin is a kind of commodity and a means of promotion for companies. Transactions with q-coin as the medium of exchange tend to be barter or semi barter. " Lu suiqi said
LV suiqi believes that q-coin should not impact the RMB market or affect China's financial order. Because Q currency "is very difficult to perform the function of currency"
q-coin is not "virtual currency"
whether q-coin can be regarded as "virtual currency", Alamus cited the example of online banking
"when we use the online banking procts or services of ICBC or CMB, we can't see cash, but there is a real transfer of funds. Our funds in online banking belong to virtual currency. " Said Alamus
You can see it
OK in terms of contracts, uses the index price, and selects the weighted average price of each mainstream exchange as the contract trading index price. So you say that the contract index price of OK can reflect the latest mainstream quotation of bitcoin market. I have no opinion, but OK does not make much contribution. In addition to OK, the giants in the contract field also have a bitmex. In addition to the non physical delivery of the contract, it has an impact, but it is not reflected in the contribution of OK to the price of bitcoin
the second is spot . The transaction price of bitcoin is the consensus price reached by all exchanges in circulation all over the world at every moment. It changes every second e to the change of trading order. Specifically, there will be a price gap e to the size of each market, but the market will fill in the gap in a very short time. As for the impact of okex on the price of bitcoin, it will have a certain impact on the global price of bitcoin unless someone makes a shocking overbooking or selling order on OK. For example, some time ago, there were 7000 big orders for bitcoin in coin Anson, which caused the price of bitcoin in coin Anson to be different from that of other exchanges. However, as the market digested the order immediately, the gap was filled in again, which had no impact on the mainstream price. The market of the exchange is based on the rational investors' correct understanding of the bitcoin market. The buy / sell operation is the proct of the exchange traders. However, the price of bitcoin is global. You have to become a super maker of bitcoin to leverage the price of bitcoin, This market is too big (in addition to these head exchanges, there are emerging exchanges such as Matcha, BISS, and coin E)
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