Bitcoin 10
It's not surprising that bitcoin has dropped by more than 10%, because bitcoin just rose by more than 20% not long ago, so a 10% drop can only be regarded as a correction, not a drop. But what's the fundamental reason for bitcoin's decline? Now I'd like to talk about my personal views and ideas on the issue of bitcoin for your reference and discussion only
summary of problems
the reason for bitcoin's collapse is that it rose too fast, so it led to a significant correction. It's not surprising. After all, no commodity can continue to rise, and bitcoin is the same. If you think bitcoin can still rise, I won't express my opinion, but you have to think of today's collapse, Because it is very likely that one day, you will also encounter the same slump of 10% or more as today, so investment should be cautious, especially for this kind of virtual investment procts. If you are not careful, you may lose your fortune. The above is my personal views and ideas, for your reference and discussion only
Bitcoin plummeted by more than 10%. It can be said that investment in bitcoin is no longer a good choice. Your investment in bitcoin is the group of leeks that have been cut. Now the price has almost reached the peak, and it is about 240000 yuan to be converted into RMB. the price can not go up any more. The investment cost is too high and the risk is too high{ RRRRR}
for an ordinary investor, it is safer for you to consider some monetary funds, gold and other investment methods, because although your profit margin is not as big as you think, it is more secure, and it will not lose everything. Bitcoin is too easy to play leverage. Leverage will enlarge your profit, but it will also increase your risk, If you play a 5-fold leverage and increase the profit by 5%, you will get 25% profit, but if you lose 5%, you will also lose 25%, if you lose 20%, you will burst your position. Don't play bitcoin leverage, let alone bitcoin. Now the risk is very high
ten years from now, the price of bitcoin is unknown On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the year
therefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
About 400 percent
when bitcoin first appeared in 2009, one dollar could buy almost 1300 bitcoins. Before April 2011, the price of each bitcoin was always below $1. In June 2011, the highest price of bitcoin rose to $30. Then, the price almost fell within a week. In 2012, the price of bitcoin once fell below $2
further dropped to $114 on January 14, 2015. Since then, bitcoin has begun to rise again. In 2017, after the bitcoin ETF fund was rejected by the US Securities Regulatory Commission, bitcoin plummeted by $315 to below $1000. After that, it rose again. In the first four months of this year, the price of bitcoin and an ounce of gold were almost equal
However, with the strong rise of bitcoin in this round, the price of bitcoin has exceeded the price of an ounce of gold. On April 26, the price of bitcoin was $1282.97, compared with $1264 for an ounce of gold. Bitcoin has surpassed gold in price
extended data
in 2016, there were dozens of bitcoin exchanges in the world, and the trading volume of bitcoin in most countries and regions increased sharply. Among the countries and regions with the highest growth rate, the trading volume of bitcoin in Japan is second only to China, ranking second in the world; The local bitcoin trading volume in Venezuela increased by more than 913%
South Korea has become the sixth largest bitcoin trading market in the world, Korean people can buy bitcoin from a large number of convenience stores, and korbit's trading volume currently accounts for 70% of the South Korean market; Local bitcoin transactions in Colombia increased by about 370%; Bitcoin markets in Malaysia, Russia and Australia are also developing rapidly. Bitcoin trading in China once accounted for more than 80% of the global trading volume
The Cape is a financial fraud
the list of 350 MLM organizations exposed by CCTV in 2017, with Cape money on the list. 350 funds are all scams
Kaipu coin is a marketing coin, which is mainly promoted by the mode of direct selling or pyramid selling. This kind of coin is very popular in China, but the end is generally collapse, and some criminals will be caught. This kind of money is not allowed to operate by the state. It can be said that it is a disguised form of pyramid selling
the most common financial scam:
mainly includes e-rent treasure, which was established in 2014 and used one and a half years to illegally absorb 50 billion yuan. On December 16, 2015, the public security organ issued a report on & quot; E-rent treasure & quot; The suspected crimes of Internet financial platform and its affiliated companies should be investigated according to law. In July 2018, it has been included in the latest MLM organization
another example is Kunming Pan Asia, which is known as the world's largest rare metal exchange. In just three years, the transaction involved 220000 people in more than 20 provinces, with a total capital of more than 43 billion yuan
there are also Shanghai Zhongjin, Shanghai Kuailu, Wenzhou painting and calligraphy fraud, Zhejiang Shizun, Yanhuang Culture Exchange fraud, Nanjing Qianbao financial fraud, Shengwei International Group, mmm financial fraud, cloud century sky financial fraud, Royal Garden financial fraud, Malaysia baolvmu split plate and other organizations< br />
On April 13, 2021, bitcoin accelerated to break through the upward trend. Bitcoin broke through the $62000 mark, with a transaction price of $62523 / coin, a new all-time high. It is worth noting that bitcoin has been moving horizontally for several days, with little obvious direction. There have been many outbreaks. At this moment, no one knows whether the Bulls must have the upper hand. However, in the past 24 hours of leverage, investors must have suffered heavy losses and made up for the lack of funds. It is very likely that they came out in a hurry
Michael middot, former chief investment officer of hedge fund manager; Novagraz said that after Tesla announced a $1.5 billion investment in bitcoin, he expected the price of bitcoin to more than double to $100000 by the end of this year. Famous investment banks in the United States have also invested heavily in bitcoin market infrastructure and provided services related to bitcoin. In the US market, nine applications for ETF based on bitcoin have been submitted to the SEC, making it easier for bitcoin to obtain cash
there is no need to queue for bitcoin. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system
the founder of bitcoin, Tsung Nakamoto, left the bitcoin project in 2010 and became one of the most mysterious figures in the coin circle. Bitcoin is made by mining. Mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary.