BTC negative

1. Factors affecting the price of bitcoin 7: government regulation
some people want to see more regulation of bitcoin, because when the government regulates bitcoin, it will claim that bitcoin is legal or illegal. If it's legal, the laws governing bitcoin can help people measure its availability and longevity
on the other hand, some of us are afraid of government regulation, because the overall view of decentralized money is to keep it decentralized so that no one can control it. The government controls the amount of legal tender in circulation in the country. They can make more money, but they can't directly rece the amount in circulation. Wallet address storage bitcoin and wallet may be accidentally deleted, or they may be locked by forgotten password, but only 21 million bitcoin will be cast. This allows the value of bitcoin to increase over time rather than decrease
now imagine the government's announcement that they are only allowed to exploit cryptocurrency, and only their currency is legal in their country. Well, now we are in the same situation as before the invention of cryptocurrency. The government takes all the money, and they can start and stop mining at will. Maybe they'll even change the code to do more money mining when there's not enough money. The only difference is the form of the trading currency. Cryptocurrency regulation can bring a lot of terrible things, and some people are very afraid of the new rules
those who promote the regulation of bitcoin will buy more bitcoin and increase the value of bitcoin, but those who are afraid of government regulation may start panic selling when news such as nydfs bitlicense comes into play. This makes it possible for government regulation to affect the price of bitcoin. The price of bitcoin is stable. You can explain the news in two different ways
factors affecting the price of bitcoin 6: acceptance of bitcoin
no one uses bitcoin as currency, and bitcoin will not be used for any purpose as currency. When people pay with bitcoin, they are increasing their credibility and showing the world that someone wants to pay with bitcoin. Many people in companies like Dell, Newegg, and dish networks have taken the power of bitcoin to inform and allow customers to use it to buy their procts and services. Xapo offers a new credit card that allows you to use bitcoin for stores that accept regular debit cards
although shoppers have no direct impact on prices, they do help spread bitcoin around the world as a viable currency. Therefore, the impact of bitcoin shopping on bitcoin price factors has no short-term impact, but they provide a larger market
factors affecting bitcoin price 5: Mining
the more miners there are, the more secure the network will be as long as no one owns 51% or more of the network. When an entity owns at least 51% of the mining power in the network, 51% of the attacks may occur
for example, a person can buy a mansion with 10000 bitcoin. The real estate agent who sells the buyer's mansion receives the money and transfers the contract to the buyer to complete the transaction. Buyers now have luxury homes, and real estate agents get 10000 bitcoins from sales, right? Well, buyers have 51% of the bitcoin network hash rate, and they want to return their money while keeping the house. The buyer allocates the block chain before the transaction, and uses 51% network hash to compete for the official part of the fork, so that the new branch is longer than the original branch. In doing so, the entire network now treats the new branch as legal and the original branch containing 10000 BTC transactions as illegal. That means the buyer now has his 10, 00 BTC back. This is called a 51% attack
the 51% attack probability that affects the bitcoin price is the potential panic selling
e to several reasons, the impact of general mining, bitcoin price factors declined slightly. Some miners keep their bitcoin as part of their buying and holding strategies, while others cash in legal tender. Miners also have high electricity bills to run their equipment, so they often sell a large profit for legal purposes in order to pay for their electricity bills
factors affecting the price of bitcoin 4: media opinion
the media does play a role in the price of bitcoin
when most people read the news, most people will take action based on the news. For example, if the news says ghash. IO has 51% network hash value; Some people may launch DDoS attacks on ghash. Io. In front of the mountain, China's news trading is quite profitable. GOx crashes. People will sell panic crazily, so everyone who knows the latest news knows that the people's Bank of China will pitch on bitcoin, and then it will become a rumor that they will sell their collection and buy it back when the market starts to rise again
the key factor influencing the price of bitcoin in this news is the articles it provides. People will buy or sell bitcoin according to its content and send it with higher or lower value correspondingly
factors affecting the price of bitcoin 3: large enterprises mp money
bitcoin is not accepted everywhere; Not every employee wants to accept bitcoin's salary, and not every government system will accept bitcoin and other taxes. Before the world catches up, there are still things to pay in fiat money, so companies usually sell most of bitcoin to pay for their business. Just like the so-called "mping", the value of bitcoin will be in a low state. Depending on the company's sales volume and how many companies were selling bitcoin at the time, this could mimic "panic selling" and cause the price of bitcoin to collapse
the decline in the value of bitcoin is the key factor influencing the price of bitcoin for large enterprises that prefer fiat money< As you can see above, the common reason why management factors work in this way is that they buy and sell bitcoin in other currencies. When traders sell bitcoin on the exchange, the price is very low, and the price usually doesn't change, or the change is very small. If the trader is a large holder of bitcoin, that is, a person with a large number of bitcoin about 1000 + BTC, the price of bitcoin will drop significantly e to its large sales. Generally speaking, orders from large number of cash holders will not be filled with a single price, which is the reason for the price decline. Someone may buy a BTC for $600; Another may buy 20 BTC for $598; There may be more transactions of different values in the middle, and then the seller will sell 0.1 BTC to the buyer for $500. What is the new purchase price of bitcoin? Maybe 499 dollars
for all people selling bitcoin in the transaction, the price factor of bitcoin is always a decline in the value of bitcoin
factors affecting the price of bitcoin 1: trading volume and frequency of exchanges
of course, the primary factor affecting the value of bitcoin is how many people are willing to pay for bitcoin. When you place an order at the exchange to buy bitcoin, you can determine the value of bitcoin to you. The more people are willing to buy bitcoin, the greater the chance of increasing the overall value of bitcoin. The seller sells the highest bid first, so whoever is the current highest bidder is the one who decides the value of bitcoin
when someone buys bitcoin on the exchange, the factor that affects the price of bitcoin is that the value of bitcoin always rises
a formula for calculating the stock price
the rise and fall of the stock is calculated by comparing the closing price (or current price) of the trading day with the closing price of the previous trading day
calculation method of rise and fall range: the difference between the closing price (or current price) of the day minus the closing price of the previous trading day and then dividing the closing price of the previous trading day
calculation formula of rise and fall range: Rise and fall range = (current price - yesterday's closing price) / yesterday's closing price * 100% (the calculated value is positive for rise and negative for fall)
at present, the trading rules of Shanghai and Shenzhen stock markets are as follows: generally, the maximum limit of the rise and fall of each trading day is + - 10% for stocks, + - 5% for St stocks, and + - 44% for new stocks on the first day of listing, and the rise and fall of other special regulations are calculated separately

2. The following is from: http://bitcoin.org/zh_ Cn / about

historical background

bitcoin is one of the first currencies to realize the concept of "cryptocurrency". In 1998, Wei Dai first expounded the concept of "cryptocurrency" in cypherpunks mailing list. Based on the basic concept of money, which is used to pay for goods, services and debt or any form of records in a given country or economy, bitcoin is a new form of money. Its original design is to integrate the idea of not relying on the central authority, using the principle of cryptography to control the issuance and transaction of money
in 2009, Satoshi Nakamoto published the first bitcoin specification and its proof of concept in the cryptography mailing list. At the end of 2010, Nakamoto claimed that he had transferred to other affairs and left the project. The creator of bitcoin never revealed his true identity, but left his invention to the world. Today, the origin and motivation of the invention of bitcoin is still a mysterious story
since 2010, many developers have devoted themselves to this project, and the bitcoin community has grown rapidly. Between June and July 2011, bitcoin suddenly gained media attention, leading to large-scale buying. The resulting bubble led to the continued decline in the price of bitcoin in the second half of 2011. After that, the price of bitcoin graally rose to the height of 2011
in order to regulate, protect and promote the development of bitcoin, the bitcoin foundation was established on September 27, 2012. Nowadays, with the increasing number of bitcoin users, bitcoin economy is developing rapidly

technical features

any network like bitcoin has the following basic features:
bitcoin can be transferred between any node of the network
the transaction is irreversible
the use of block chain avoids the occurrence of double consumption
the transaction will spread out in a few seconds and pass validation in 10 to 60 minutes
transaction processing and currency issuance are carried out through mining
bitcoin can be received at any time whether it is online or not<

economic rules

the whole bitcoin network jointly implements the following rules:
the total amount of bitcoin issued is about 21 million
a bitcoin can be divided into 8 decimal places, with a total of about 21 × 1014 monetary units
transaction costs are very low and most of them are free

statistics

bitcoin network has been running continuously for more than 48 months. In the past year, bitcoin's security features have attracted attention and developed significantly. As of April 2013:
the longest block chain has more than 232000 blocks
one of the largest distributed computing networks in the world, with more than 65 trillion hashes per second
there are 50000 transactions every day, with a total amount of several million US dollars
the total value of bitcoin in circulation exceeds US $1.3 billion
there is only one major security incident in the protocol, which was resolved in August 2010

other information can be referred to:
Network: http://ke..com/view/5784548.htm
bitcoin official website: http://bitcoin.org/zh_ CN/

3. Hello, as long as you don't borrow money to speculate, the worst result is that the market price of the currency is infinitely close to zero and will not fall into negative. If you borrow money, you can't tell.

4.

In a broad sense, arbitrage is a way of making profits in the capital market, which has a broad meaning. Here we briefly discuss the futures arbitrage. In fact, the best way to understand futures arbitrage is to download tonghuashun futures link , and feel through the simulation disk

futures arbitrage refers to the use of the price difference changes between the relevant markets or contracts, Reverse trading in a related market or contract in order to make profits when the spread changes favorably

There are three arbitrage strategies:

first, the current arbitrage

the current arbitrage refers to the reverse operation of spot and futures, which is widely used in interest rate futures and stock index futures markets. The arbitrager will buy or sell the existing goods in the spot market, sell or buy the futures contract of the asset in the same scale according to the same underlying asset in the futures market, and close the position at the same time in the future

In fact, because it takes a long time to buy and sell constituent stocks, and the market situation will change instantly, most people use computer programs to trade automatically in practice. In other words, once the parity relationship between index spot and futures is broken, the computer will carry out arbitrage trading according to the pre-designed program

Second, intertemporal arbitrage

intertemporal arbitrage is usually carried out between futures of the same futures variety with different maturities. Specifically, it refers to buying or selling a short-term financial futures, selling or buying another long-term financial futures with the same underlying assets, and hedging the two futures at or before the expiration of the short-term financial futures contract

compared with current arbitrage, intertemporal arbitrage has less restrictions. Intertemporal arbitrage is carried out in the same market, but there is no short selling restriction in the futures market. Therefore, intertemporal arbitrage is a widely used arbitrage strategy. The index of intertemporal arbitrage is basis. When the basis of different futures contracts based on the same underlying asset exceeds the normal range, risk-free profit can be obtained through intertemporal arbitrage

Third, cross market arbitrage is mainly carried out in the forward foreign exchange market, which is widely used in currency futures. Trading financial futures contracts of one exchange, trading the same number of financial futures contracts of the same term of another exchange, and hedging in the future

5. Capital cost = position value * capital rate. When the capital rate is positive, the long pays the short; When the capital rate is negative, short pay long, can you understand?

6. Capital cost = position value * capital rate. When the capital rate is positive, the long pays the short; When the capital rate is negative, short pay long, that's what it means.