Recent news of Suzhou digital currency

1. As of October, the total number of digital currencies has exceeded 2000. With the market downturn, mixed projects, competition between the fittest and the fittest, and capital graally calming down, the price of standard legal currency has been falling since the issuance of many currencies. However, many new types of currencies with value-added potential have emerged. Against the trend, Bob is one of them. At 16:00 (Singapore time) on October 19, Bob has opened up full withdrawal and trading on bikicoin exchange, opening up the trading pair of Bob / usdt, with a total issuance of 60 billion yuan and a total circulation of token? 15 billion.

2. The globalization process of digital currency is still progressing steadily. All countries are trying to develop their own blockchain applications and have great expectations for the innovation brought by new technologies. However, ordinary people do not seem to be very interested in these technologies. They prefer to get benefits from blockchain technologies, so more people still learn blockchain because of currency speculation, The threshold to enter the blockchain instry itself is very high. Basically, in the early stage, it was the technology God that entered. Later, some financial practitioners with foresight entered the instry through the currency circle, and then the capital market led by 3M poured into bitcoin and Leyte, which gave birth to the whole bull market of digital currency, Then we knew everything about it, and triggered new crowd financing, which spawned bubbles and then returned to the present value.
the result of this round of market is to let the people of the world realize what blockchain is and what blockchain can change. Some scholars and experts really participate in the blockchain instry, drive the whole economic system to study blockchain technology, and directly establish the blockchain instry as the general trend in the next 5-10 years. It seems that ordinary investors can only invest in digital currency, which makes it easier for them to overtake on the curve of wealth. Therefore, if we love the coin circle, we should cultivate it deeply, because the existence of the coin circle has become a trend, and it is a sunrise instry at least. On the contrary, if you are curious about blockchain technology, you should also practice it well. In the future, central enterprises, state-owned enterprises and listed companies will need talents who understand blockchain. It's better to understand the code together. In any case, it will be easier to make money in the tide of trend. Choice is more important than struggle
market analysis
bitcoin:
the position of 6600 didn't break down effectively yesterday. The breakthrough selling point of you in yesterday's hour chart is a good application. Look at the chart:

since the day before yesterday, bitcoin has continuously gained support in this important position of 6600. You can see that the trading volume of touching 6600 before is relatively large, Yesterday's small trading volume fell below 6600, platform support is not an effective breakthrough, it does not constitute a large-scale break, so it is a false breakthrough market, so it fell below a short time, a positive line pulled back, from the perspective of large positive line trading volume, it is also small, which shows that bulls just hold the key point for a short time, and they have no ability to complete the trend reversal
bitcoin has come out of a small bottom. Yesterday, it was said that if 6600 stands still, bitcoin will have a concussive rebound in this position. However, it is expected that the rebound will be limited and it will only extend the decline time. Therefore, the market has stabilized 6600 for three consecutive days and established a small bottom of 6600

judging from today's rebound trading volume, it is still insufficient, so the short-term rebound range will not be too large. The strong pressure level above is around 7700, and the energy of bulls in this round is limited, so 7700 is regarded as the rebound limit for the time being. The big downward trend is still unchanged, and there are local opportunities in the short term. The position should still be below 30%<
eth:
like the daily line, bitcoin has almost established a small bottom, which will be accompanied by a certain rebound, but the overall situation will not be very strong, so it is still a linked market. The specific analysis method has been given to you yesterday. Compare the K lines of various currencies and bitcoin, and then select those currencies that are willing to operate, and find out the currencies that are likely to rise, Only the large market value currency is valid for the K line of usdt
ADA, xvg:
yesterday, I compared the two charts with the trend of bitcoin, and gave the conclusion that the main force of xvg is willing to control the price of bitcoin in the short term, so the independent market of xvg rose continuously yesterday and today. This is a good case of converting the chart into language through the technical analysis of disk. If you can draw such a conclusion through the comparison, I believe the probability of making money will increase greatly. The same is true of ADA. If we compare it with March 18, bitcoin has fallen far below the low point of 3.18, while ADA is still hovering and stabilizing at 3.18, which is also a signal for the main force to enter. However, by comparing with xvg, we can draw the conclusion that ADA is long-term and xvg is short-term hot money behavior. If someone ambushes xvg after reading the article yesterday, they can hold the money along the 5-day line for the time being. The coordination of quantity and price is not bad, and the washing up is quite sufficient. They have the will to continue to rush up
LTC:
take out the diagram and compare it with BTC to understand why linkage has been mentioned all the time. Let's not talk about it. It's still two words: linkage
in the past two days, the price of currency has not been speculated, and some teams have begun to do the same trick again, forking out candy. No, OMG and BTG are clamoring to fork out and give forked currency. However, it is difficult for these news to stimulate the price of currency again. After all, what they split out is not a star project, so it is difficult for people to have the desire to buy currency in order to get candy. So this kind of message can be evaluated as neutral
recently, some currencies cooperating with large companies have gone well. If you want to speculate on news, you can follow this main line to think about it. If you want to find relevant information and do some latent work, you may have good short-term opportunities
there are not many other things to talk about. The money making effect is still not strong. mining and hoarding are the main factors. Generally speaking, the trend of currency price is weak. The bear market makes money, and the bull market makes money. Mining is more suitable for the current market than speculation. Now we know that the decline of currency price leads to the decline of mining machinery. Once the currency price recovers, the mining machinery will rise in a positive proportion, so we can rest assured to invest in mining. After all, if the currency price exceeds 7700, don't keep catching up. It's easy to lose more than gain.

3. There are still many pilot cities for digital currency in China.

4.

Suzhou will launch the red envelope test of digital RMB, which is expected to appear in the future. However, it is very difficult to really occupy the market, or even replace the mobile payment, because although digital RMB is different from traditional mobile payment, it is still realized with the help of electronic carriers such as mobile phones{ RRRRR}

fully comply with the law of the market, that is to see which way can better meet the needs of consumers, because the market is like this, which is more convenient for customers and more attractive for customers, he chooses which one. As for the emergence of mobile payment for so many years, we are used to it, also did not find any big problems, nothing more than to make more adjustments in the flow of consumption funds, and there is still a long way to go for digital RMB