Market value growth of digital currency in 2017
some platforms are calculated by 24 hours, some by day, and some by average price. Specific algorithm or to ask the relevant trading platform, this is no standard answer
there are risks in digital currency investment, especially since digital currency has recently entered a bear market, investment should be more cautious. It is better to invest in mainstream digital currencies such as bitcoin, bitcoin cash and wikilink, which have passed the test of the market.
As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)
it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times
that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price P>
expansion data:
24 hours, the whole network burst warehouse 4 billion 600 million
controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long
on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours
According to the historical data, the short position burst on the 27th was up 136% compared with the previous trading daybecause the total number of bitcoin is only 21 million, this year the number of bitcoin has reached 18 million, and the remaining number is not much. , in addition, many technology giants have expressed their views on bitcoin, such as musk, who said that Tesla may support bitcoin payment in the future, which will also make the bitcoin market more hot, Prices are also climbing
decentralized currency
bitcoin can stand out among a number of virtual currencies and achieve such a high price. One of the biggest characteristics is that bitcoin is a decentralized currency. Unlike our current centralized currency, bitcoin does not have a centralized distribution center
bitcoin is calculated and generated by Internet nodes, and anyone can participate in the proction of bitcoin. As long as there is the Internet, no matter where you are, anyone can trade and mine. This characteristic leads to the fact that bitcoin is more valuable than its counterfeit currency{ RRRRR}
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