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Bitcoin Market

Publish: 2021-03-23 21:22:37
1. Because bitcoin is a decentralized currency, unlike traditional currencies, which have central regulators, its price is completely determined by the market. Bitcoin is an investment proct in many countries. It's more similar to stocks. It's normal to go up and down. On the currency, its price fluctuates constantly. Now it's only worth $6500.
2. Now bitcoin is plummeting. Bitcoin fell 10% today to $10184.77. Compared with the previous $12000 or more, it is still down a lot
however, the fluctuation of bitcoin is very big. Some analysts said that the price of bitcoin may return
you can go to coin easy to have a look and learn more about the coin circle.
3. As a financial technology enthusiast, kuanke online Xiaobian, I think, there are several major factors to promote
1, the short-term factors that determine the price: supply and demand and market sentiment
the relationship between supply and demand means that if the amount of money spent on buying bitcoin is more than that spent on selling bitcoin, the price of bitcoin will rise. If more people buy bitcoin, it will rise
market sentiment refers to the views of the market and the media on the price trend of bitcoin at that time. When many people strongly see bitcoin, the market sentiment is confident, and the price of bitcoin will rise rapidly. If the media makes pessimistic reports on the price of bitcoin, it will affect people's confidence and lead people to sell bitcoin, and the price of bitcoin will fall
2, the medium-term factors that determine the price: policy, news and mining cost
on the policy side, it is the policy attitude of governments towards bitcoin. For example, the recent crackdown and regulation of bitcoin by the South Korean government has led to a sharp drop in the price of bitcoin in the near future. If more and more countries support and encourage the development of bitcoin, the price of bitcoin will be higher and higher. On the contrary, if many countries begin to suppress bitcoin, the price of bitcoin will continue to fall
on the news side, there are some important things in the bitcoin instry. For example, around December, the two major stock exchanges in the United States launched bitcoin futures, which are good for bitcoin and directly push the price of bitcoin up to about $20000
mining cost is the cost of bitcoin miners using machines to dig out bitcoin. At present, the cost of digging out a bitcoin is about 12000 US dollars, so it is difficult for the price of bitcoin to fall below 12000 US dollars. Mining cost is the bottom line of bitcoin price. With the continuous increase of mining costs, the reason is that more competitors enter the mining field, especially many large institutions, companies and countries
3 determines the long-term price factors: the US dollar trend, the global bubble, the official digital currency, and the block chain technology.
the trend of the US dollar. According to the personal analysis data, the US dollar will weaken in the next few years, which means that the global monetary system with us dollar as the world currency in the past will be rebuilt. The rise and future of bitcoin is to assume the identity and mission of the world currency
global bubble. Since the United States abolished the gold standard Bretton Woods system in 70s, many countries in the United States have been printing banknote printing machines. The bubble of currency has caused the global economic bubble and asset bubble. The global economic crisis triggered by the US subprime mortgage crisis in 2008 is the crisis triggered by the currency bubble. At present, the global economic bubble and asset bubble have reached the critical point of collapse. The birth of bitcoin was e to the reason of the currency bubble, which made people no longer believe in the currency of national credit, and began to believe and recognize bitcoin.
official digital currency, countries around the world have begun to prepare to issue official digital currency, that is, digital currency issued by countries. Venezuela has issued a national level digital currency - Petroleum currency. Israel is preparing to issue it, Russia is also preparing to issue it, and the Japanese government is issuing it. 2018 will become the first year of the global official digital currency. The accelerated launch of official digital currency and its increasing popularity show that the value of bitcoin as internet currency is unlimited.
4.

Generally speaking, the market is at the end of the bear market. The bottom price of bitcoin is around $3000. It is now in the stage of building the bottom of the box

after two times of bottoming, it is now the position of the part. When you ask about the market, you should also want to invest. If you invest, it is suggested that you buy some money now and put it in the market. Now is a good time

if you do band speculation in bitcoin. According to the technical analysis method provided by "ten thousand dollar man", we can still achieve certain benefits, which is much better than going to work

5. First, some countries have relatively strict measures. For example, in China, the call auction transaction of virtual currency to RMB has been closed, and financial institutions and payment service institutions cannot participate in bitcoin transactions. Although virtual currency transactions are prohibited, China is very open to blockchain technology. In May 2018, a blockchain Instrial Park was established in Hangzhou, In May, the Ministry of instry and information technology released the white paper of China's blockchain instry in 2018, which affirmed the application prospect of blockchain technology in the financial and physical instries. For ICO, the white paper of the Ministry of instry and information technology still holds a negative and warning attitude. Russia:; Jordan: the central bank has banned banks and financial companies from trading bitcoin and other cryptocurrencies
Second, some countries impose certain restrictions on virtual currency. For example, the United States implements licensing management, but it is difficult to apply for a license; South Korea: anonymous bank account transactions are prohibited to combat money laundering and other criminal activities, and juvenile investors and foreigners are prohibited from opening digital currency accounts in South Korea; Japan: according to market analysis website cryptocompare, yen to bitcoin trading accounts for more than 60% of the daily trading volume of all digital currencies. On June 22, 2018, Japanese financial regulators ordered several cryptocurrency exchanges to rectify anti money laundering measures
thirdly, some countries are completely open to virtual currency, such as Singapore: as early as 2016, the Singapore Monetary Authority launched the famous & quot; Sandbox & quot; Mechanism, namely & quot; It is allowed to engage in business that conflicts with current laws and regulations under the condition of prior reporting; And even if the relevant business is terminated by the government in the future, it will not pursue the relevant legal responsibility& quot; Sandbox & quot; The system has given block chain enterprises great room for innovation. It has also made Singapore a hot spot for Asian countries to go overseas to ICO in order to avoid their own policies. It has also made Singapore the most ICO friendly country in Asia. At present, most of China's ICO projects are issued in Singapore
Yutai financial P2P platform tells you that investment is risky and investment should be cautious! Thank you very much.
6. Bitcoin began to issue at 0.008 cents in 2009, with the highest price rising to US $1280 (equivalent to more than 8000 personal currency)
now the price has been maintained at two or three thousand personal currency
because the mining time has been very long
and now the price has been in the decline stage
so making bitcoin is no longer an opportunity
Khan currency It is the third generation of digital cryptocurrency after bitcoin
today's Khan coin is equivalent to bitcoin in 2009
the price is very low
it took nearly two months to enter China
look at the user name together
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