Follow up trend of bitcoin in 2019

1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency

"Spring Festival red envelope" refers to the rising market of bitcoin ring the Spring Festival. Big V jiangzhuo'er once predicted the end of bitcoin on Weibo, and then it stopped the sharp decline since November 2018 and began to shock. In the same microblog, it was also mentioned that bitcoin bottomed out before the Spring Festival, which was thought by fans to be very likely to come true
latest bitcoin Market:
bitcoin (BTC) market_ Golden Finance

24459.78 & # 160; RMB 53.02 + 0.22%

02-11 14:27 Trading

2.

Now the price of bitcoin is hovering around $37800. For the price trend of bitcoin in 2019, cailu.com will discuss with you

1. First of all, we know that bitcoin is a virtual digital currency, which is an upgraded proct on the blockchain. At present, the transaction volume of bitcoin is the largest among the digital currencies. In the development of bitcoin, the speed is not very fast, the infrastructure is complete, and there are good regulatory policies. The price in 2019 can be expected

2. The attitude of the regulatory authorities: bitcoin is not protected by law in our country at present. It is a trading proct imported from or abroad. At present, it is still a proct that needs to be investigated in our country. The regulatory authorities should make corresponding policies on how the investigation results are suitable for our domestic transactions, and we can expect the price rise in the later period

3. For investors, to enter the digital money market is to gain profits from this market, but bitcoin is a very risky transaction. In addition, bitcoin has no limit on the rise and fall, and the risk is uncontrollable. According to the 28 law of the investment market, only a few people can make profits

generally speaking, we can look forward to bitcoin in 2019. At present, we can look forward to the $4000 mark. If we can break through it, the price may go up. Of course, we can't know what kind of news will appear in the future. If there is good news, the price of bitcoin will rise in 2019

3. In 2009, Nakamoto Tsung invented bitcoin, and he designed the issuing mechanism of bitcoin:
the issuance of bitcoin does not depend on indivials or teams, but through a process called "mining". By solving the problem of cryptography, people get the right to create new blocks and get rewards. It can be said that the new bitcoin is proced to reward miners to verify blocks. In the beginning, 50 bitcoins were awarded for each block packed. Nakamoto designed a set of rules. For every 210000 blocks excavated (about four years), the reward will be halved. This is what we call "halving" event
the first half was at the end of 2012, when 50 bitcoins were awarded to the 210000 block, but only 25 bitcoins were awarded to the 210001 block
the second half took place in the middle of 2016, and the reward was halved again, so 12.5 bitcoins were awarded in 420001 block
and so on...
until around 2140, 21 million bitcoins were g up, and then they stopped rewarding
Why do we need this half design? If bitcoin is issued too fast and there is no circulation limit, there will be a large amount of bitcoin in circulation in the market, and it will definitely be greatly devalued. One thing to remember: bitcoin is valuable. First, the number of bitcoins is fixed, that is 21 million; Moreover, through the halving process, inflation in the bitcoin economy can be suppressed
the third halving will take place in May this year. Let's wait and see.

4. At present, bitcoin is in a state of shock and sideways. Recently, bitcoin has rebounded slightly. I will go to Matcha MXC later and sell a few bitcoins that I bought in the last few days.

5. The real way to make money is to cash in bitcoin and put it into practice. Otherwise, it will not be earned and will be deeply involved

6. It can't be simply attributed to the exchange. Sometimes there are sudden short-term fluctuations, and the exchange does participate. But the main topic is about the monthly time span, which is difficult for the exchange to control. It is more the result of the joint operation of hot money and large institutions. However, the sharp decline of the overall currency value can't be separated from the basic economic principle: the relationship between supply and demand, This is beyond anyone's control

7. Candlestick? Charts, also known as candle chart, Japanese line, Yin Yang line, bar line, red and black line, are commonly referred to as "K line". It is based on the opening price, the highest price, the lowest price and the closing price of each analysis cycle.

8. Nanpu Bridge has cars to Xiaoyangshan wharf, and Xiaoyangshan wharf has boats to Putuo Mountain (one every day)
Nanpu Bridge departs at 8:15, Xiaoyangshan departs at 10:10, and Baotuo ferry arrives at Putuo Mountain at 12:30, returns at 1:30 pm, arrives at Xiaoyangshan at 4:00, and arrives at Nanpu Bridge at 5:30.

9.

on the future trend of bitcoin, institutions are generally not optimistic . A number of Wall Street technical analysts said that since last year's cryptocurrency boom, bitcoin is now in the most serious sell-off situation will further intensify

analyst rich Ross believes that bitcoin will repeat the fate of other speculative assets and fall back to its 200 day moving average, or $40000

according to CNBC, cryptocurrency investor Mike Novogratz believes that bitcoin's collapse will not end soon, and bitcoin's collapse feels like the whole market has surrendered

the recent setback of bitcoin has something to do with Musk's remarks:

on May 13, Beijing time, Tesla CEO Elon Musk issued an article on social media, saying that Tesla suspended using bitcoin to pay for car purchase, and expressed concern about the increase of mining and fossil fuel use frequency of bitcoin. Bitcoin fell 10.53% on the same day. At this time, Tesla has been supporting bitcoin payment for less than two months

on May 16, a user who claimed to be an cryptocurrency analyst tweeted that bitcoin holders may slap themselves when they find out that Tesla has sold the remaining bitcoin positions in the next quarter. In response, musk replied, "yes."

some market participants interpret this remark as: musk is suggesting that Tesla may have sold all or part of its bitcoin position. Bitcoin plummeted to $43825 on May 17, down $6000 from $49808 on May 18. However, on the morning of May 17, musk tweeted to clarify that Tesla did not sell any bitcoin

for the above content, please refer to phoenix.com - all night, cryptocurrency crash! Who is the culprit of 570000 people's warehouse explosion? When to stop falling