Digital currency bitcoin Ethereum Boca
what is digital currency
digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network
T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)
T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)
T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)
there are platform coins in the coin circle, corresponding to HT, BNB, MX
Only those whose electricity charges are controlled within 0.3 yuan can mine. At present, the daily income of a bitcoin S9 is about 55 yuan (calculated at 7000 yuan), so 30 is 30 × 55 = about 1650 yuan (210000 yuan)
bitcoin is a kind of universal encrypted electronic currency in the world, and it is completely autonomous by users. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
the concept of bitcoin was first proposed by Nakamoto in 2009. Unlike most currencies, bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual goods, and they can also use bitcoin to buy real-life goods. On December 11, 2017, bitcoin futures began trading on the Chicago Board of Options Exchange (CBOE). On January 24, 2018, the Bank of Indonesia announced the ban on bitcoin payment
2. The circulation of next year will decrease 10 times. In theory, X2
3. The current price of eth is 230x4 = 920 US dollars (upgrade + expected price after proction rection)
ring this period, the return comparison between holding spot and ETF fund is as follows:
1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund launched by bitoffer, the income starts 12 times, Up to 30 times (intelligent position adjustment + fund compound interest calculation)
there is no doubt that Ethereum ETF is the best investment choice!
Bitcoin staged a roller coaster market, the supervision was tightened, some mining "retail investors" and small mine owners left, and some big mine owners returned with extra money, and some moved overseas
in early January 2018, it was reported that the leading group of Internet financial risk special rectification office issued a document to rectify illegal mines. According to media reports, at the Davos Forum on January 23, relevant leaders of China Securities Regulatory Commission (CSRC) said that they would strengthen control over the special currency
small mine owners said that "no one knows what policy decisions will be made in the next step. It doesn't matter if you're a bigger miner. It's hard for you to dig your own money. Now the risk is graally increasing. " Lao Wu said helplessly, "forget it, don't dream." In November 2017, with the soaring price of bitcoin in the domestic market, the army of "mining" has become increasingly large. At present, there are symbiotic coins, and many other coins are born. Digital coins are really flourishing in the 21st century
some mine workers have started the "going to sea" plan. According to instry insiders, Quebec, Canada, because of its cheap electricity and low temperature, has become a popular choice for mines to go to sea. Many people also plan to move overseas, although the specific country or region has not been determined
1. Ethereum: a better value accumulation target
for many years, accumulating bitcoin has been the main way to store the value of cryptocurrency. Investors use bitcoin as a sharp weapon against the economic crisis. However, institutional traders are now also interested in Ethereum
in the 2020 annual review report of coinbase, it is noted that institutional customers are more and more interested in Ethereum. The reason is related to how investors evaluate Ethereum ecosystem
first of all, it is the original currency of the network. Because Ethereum is a platform for many valuable projects, Ethereum has become a powerful trading currency in Ethereum ecosystem
Why are more and more institutional traders hoarding Ethereum
the report points out that the driving force for Ethereum holders to invest comes from: first, Ethereum's potential as a value store is constantly developing; 2、 Ethereum's status as a digital currency provides the basis for its network transactions<
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2. Investment institutions such as coinbase and Gemini are optimistic about Ethereum and defi
Arthur Cheong, founder of definance capital and portfolio manager focusing on defi encryption fund, pointed out in a statement in coindesk, "I think bold investors will explore Ethereum and defi after studying bitcoin."
according to the data, some investment institutions such as coinbase and Gemini are incredibly bullish on Ethereum. In addition, more and more large investors are looking for different decentralized financing space
Why are more and more institutional traders hoarding Ethereum< However, deniss vinokourou, a digital asset investment manager, believes that "not everyone is satisfied with the risks associated with defi that still exist, but the rapid growth of active projects in Ethereum supports capital appreciation."
unlike bitcoin, Ethereum has many ways to retain investors and lock them in for a long time. After the release of eth2.0, Ethereum owners have made a lot of profits in long Ethereum
the original text is from ambcrypto and compiled by blockchain knight. The right in English belongs to the original author. If you want to reprint it in Chinese, please contact the compiler.
the current price drop of virtual currency means that some people take advantage of the good news to push the market up, and then take the opportunity to ship , if large customers ship , the market price drops directly , if several large customers ship at the same time, then a big drop will be formed
in addition to the launch of bitcoin futures, the launch of futures itself is for short selling. With more short sellers, the market is very tight. It can also cause a big drop
another is that the price of bitcoin in the whole market follows the trend of bitcoin, and there are very few specific independent trends, such as Ethereum and Boca. Even if there is a period of independent trend, it will be similar to bitcoin trend in some periods
the collapse of digital currency requires large enterprises and institutions to master the delivery rhythm. If the delivery rhythm is not well mastered, it will also cause panic selling. Instead, there will be no better delivery and the market will be smashed
of course, there were examples before. When a project party was working on a project, it went online. Because too many tokens were sent to a large number of users in the early stage, and then they pulled the order by themselves. As a result, they spent a lot of money to pull the order. It was very difficult to pull the order. Finally, they put themselves in. The users were constantly selling, and the project party took the order
cryptocurrency goes down
on the evening of May 19, Beijing time, the European and American stock markets are extremely unstable. The European Stoxx 50 index once fell by 2%, while the U.S. stock market index fell sharply in the early part of the day, and the panic index rose by 15%. After the opening, the three major U.S. stock indexes accelerated their decline, with a decline of about 1.5% as of 22:17
at the same time, the international oil price also showed a sharp drop, with the price of Buyou once falling by more than 2%, and WTI crude oil futures once fell by more than 4% in the day, reaching a new low below US $62.80/barrel since April 27. Judging from the trend of US Treasury bonds, the rise in the yield of 10-year Treasury bonds also means that Treasury bonds are falling
the biggest concern is the decline of cryptocurrency, which can be described as a bloody market. Bitcoin once collapsed by 27%, Ethereum plummeted by nearly 37%, and EOS and adacoin all fell by nearly 50%