Bitcoin soared on July 17
bitcoin bulls often mention that the scarcity value of this cryptocurrency is the main reason for its continued rise. Bitcoin is similar to gold to some extent. The growth of its supply is extremely slow, and it is still slowing down. Its total supply will only reach 21 million
with the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as the Chicago Board of options (CBOE) have launched bitcoin futures contracts. This is likely to encourage more institutional investors to invest in bitcoin, while at the same time further curbing the price volatility of bitcoin
this much anticipated bitcoin futures trading has been launched on the Chicago Board of options exchange, which represents a significant step in the legalization of cryptocurrency. Futures is a derivative / financial instrument, which can force dealers to buy and sell an asset at a specific time and price
I can only say that I don't know if it is possible for the makers to harvest Chinese chives, but it may be relatively small. When the market is falling, it usually causes the panic of leeks. This is the best time for the makers to buy the bottom at a low price < HR / > < blockquote > however, one thing we need to confirm is that such a decline is nothing compared with the special currency, and it has not even fallen out of the monthly line. In the history of bitcoin, it once fell by 94%. There are many more cases than this. Therefore, there is no need to over interpret the decline and look at the rise and fall of the currency market with the thinking of speculating in stocks personally believes that such a fall is a rectifying correction for a period of time when bitcoin has skyrocketed, bringing a lot of bubbles, and there is nothing too peculiar about what the market is doing. p> summary: bitcoin, as the pioneer of digital currency, although it has the first mover advantage, we can foresee that bitcoin will be the slowest and most backward digital currency in the future. Compared with eth or EOS with smart contract, the application of bitcoin will be extremely narrow. Another reason why bitcoin is not suitable as a currency is that the total amount of bitcoin is limited and cannot be over issued. However, the total amount of money should never be limited, because it will lead to deflation. Everyone will hoard bitcoin instead of trading it. Therefore, the trading volume will be very small, which indicates that bitcoin is not suitable for use as a kind of currency at all
supply and demand
when compared with other virtual currencies, bitcoin always mentions "fixed output 21 million". In the early years, bitcoin had not been exposed to investors in a large area. It proced a lot and g a lot, but there was no demand. But now purchase bitcoin, the price is expensive, the output is small, the demand is big
analysts of jiafengruide believe that when there is an imbalance between supply and demand, commodity prices will be affected. Influenced by the policy, many bitcoin holders are now keeping a wait-and-see attitude. The decrease of bitcoin in circulation in the market and the increasing demand for bitcoin in the market are bound to push the price up, but in fact, it will not be the investment speculators who come into the market at this high level who will benefit in the end
popularization of regional chain
the report released by UBS in October mentioned the problem of regional chain technology. The report shows that by 2027, the global investment value of regional chain technology will reach 300 billion to 400 billion US dollars. And the regional chain as an infrastructure development, will be applied to more and more scenarios
at that time, whether the popularity of regional chain will raise the price of bitcoin is also full of uncertainty
investor confidence remains unchanged
although many institutions and financial giants are short of bitcoin, investors are still confident in the future value of bitcoin. After all, in history, is there any trading proct that can soar 7.54 million times in eight years
analysts at Jifeng Reed said that 10 years ago, the impact of the financial crisis left many countries so far unshadowed, and the share price bubble continued to expand, and investors would worry whether the original financial system would collapse again. Bitcoin, which has a strong performance, will attract more investors with capital inflows, thus driving up prices. In a way, bitcoin is already a safe haven
although the trading of bitcoin was suspended by China in September this year, bitcoin surged by more than 233% after de Sinicization< In November, bitcoin began to hard bifurcate, that is to say, the regional chain was divided into two parts, which is equivalent to doubling the issue of bitcoin, which means that the value of bitcoin will be diluted. Affected by the impending start of hard bifurcations, bitcoin started on November 9 and has been on the decline for four days
the suspension of the 2x fork, originally scheled for November 16, has eased the anxiety over the expansion of the bitcoin instry chain, and the market is a little relieved of the possible collapse crisis caused by the fork
bubble greater risk
many investors have seen the bitcoin appreciation and profit margins after they have entered the bitcoin trading market. However, the current domestic large-scale bitcoin trading platform has been completely closed, and the regulatory level has not relaxed the entry of bitcoin into the domestic market
bitcoin, as a speculative commodity, has great bubbles and unknown risks. We tend to ignore the risk, and it is often the risk that damages the funds in our pockets. When participating in a high-risk market, we must reasonably allocate personal assets, such as the allocation of stable financial procts such as stable profit selection investment plan. We must not use all our wealth to allocate high-risk investment procts
in a word, bitcoin has risen dramatically in recent years. It's hard to avoid some words like "you are the richest man in China now if you bought bitcoin eight years ago". But eight years ago, you didn't know that bitcoin could be as brilliant as it is today. You might as well change your vision and look for the next "bitcoin".
Bitcoin burst in one day, and the price of 3.7 billion bitcoin keeps rising. For those large holders, they don't care, because the price rise of bitcoin is related to them, they buy a lot, which leads to the price rise, but it has an impact on retail investors
if you also like to invest, you can consider the fund, because although the fund is in the summer now, you have to say that it is a time when it can make a bottom. As for whether this is the real bottom, I don't know. However, the risk of the fund is much lower than that of the special currency, and the risk of the stock is higher, However, the stock trading system has been mature, it does not have so many trading risks, at most is the risk of price changes
digital currency
, and is currently opposed to all digital currencies, prohibiting all
virtual currency
transactions
The crazy rise of bitcoin price has caused many contract investors to burst their positions, because it is terrible. At the end of March last year, it was almost less than $5000 at the beginning of April, but this year, when it was high, it rose to $34000, equivalent to about RMB 230000, and the price proportion rose to about 550%{ RRRRR}
today, there are many investors in bitcoin's position explosion, just because there are profits, but no one can guarantee when it will fall in the future. Moreover, bitcoin is easy to play leverage. The higher the leverage ratio, the higher the risk. Even if you can't bear the change of 10% of your daughter's leverage, you will have a position explosion, and the money will be doubled, however, the loss is doubled, and some contract buyers will lose a lot