What are the four trends of digital currency development

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, which triggered a new crowd financing, which gave rise to the bubble and then returned to the present value. p>

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:

6600 did not break down effectively yesterday. Your breakthrough selling point in yesterday's hour chart is a good application. Look at the chart:

from the day before yesterday, Bitcoin continues to gain support in the important position of 6600. As you can see, the trading volume that touched 6600 before was relatively large. Yesterday's small trading volume falling below 6600 platform support is not an effective breakthrough, and it does not constitute the large volume falling below. Therefore, it is a false breakthrough, so it was pulled back soon after falling below 6600. From the trading volume of the big Yang line, Similarly, it is not big, which indicates that bulls only hold the key point for a short time and have no ability to reverse the trend

bitcoin has come out of a small bottom. Yesterday, it was said that if 6600 stands, bitcoin will have a concussive rebound at this position. However, it is expected that the rebound will be limited, just extending the time of decline. 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, and the big downward trend still remains unchanged, 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, using the K-line of various currencies and bitcoin to make a comparison, 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 for 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, you can think along this main line. 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 money are the main factors. Generally speaking, the trend of money price is weak. The bear market makes money, and the bull market makes money. Digging money is more suitable for the current market than frying money. Now we know that the decline of money price leads to the decline of mining machinery. Once the money price recovers, the mining machinery will rise in a positive proportion, so we can rest assured to invest in digging money. After all, if the currency price exceeds 7700, don't keep catching up. It's easy to lose more than gain

In the morning of March 9, 2014 Beijing time, Jared Cohen, creative director of Google, said at the Sxsw conference this week that digital cryptocurrency similar to bitcoin will exist for a long time. Cohen and Eric Schmidt, Google's chairman, promoted their co-author book the new digital age at the conference
in the past few months, bitcoin prices have fluctuated significantly. At the same time, this digital currency is strongly supported by the hacker community and is closely related to some black markets. Cohen believes that bitcoin has its value, but it will bring risks if it is not regulated
mt.gox lost $400 million worth of bitcoin, which shakes the confidence of the outside world in bitcoin. Some critics even point out that "bitcoin is dead". However, Cohen's statement is a strong support for cryptocurrency technologies such as bitcoin
bitcoin can exist only because both sides of the transaction recognize its transaction value, so anyone can independently design a virtual currency. Ars technica, for example, announced this week that it would create its own cryptocurrency, arscoin
Cohen believes that the main threat to digital cryptocurrency is how to keep it safely, and the loss of mt.gox bitcoin once again highlights this problem. Recently, the US Congress has also launched a debate on digital cryptocurrency. Some members believe that the supervision of the bitcoin should be strengthened to avoid risks. Another congressman, Jared polis, believes that the US dollar has similar defects to bitcoin, so if bitcoin is banned, then the US dollar note should also be banned
digital currency has a short history in the world, but it develops rapidly. Many countries are trying to sum up experiences and lessons through official or non-governmental efforts
take Europe as an example. In 2015, the transaction volume of digital currency in relevant European countries and regions exceeded 1 billion euro. Although the total amount is not large, it is fierce
it was reported on January 2, 2016 that the Bank of England is also considering whether to issue digital currency by the central bank, and the research work is still in the initial stage. Andy Haldane, chief economist of the Bank of England, said that switching to digital currency would be "a great technological leap forward"
DNB, Norway's largest bank, has already cancelled the cash counter service. The bank called on the government to stop using paper money completely. According to the data, only 6% of Norwegians still use cash every day, most of them the elderly. The social cost of cash payment is twice that of electronic money payment. In one day's life, the payment of bus, shopping, payment, refueling, and even parking is completed by swiping the card. Only when the children's school holds a charity sale can the banknotes be used
compared with paper money, digital currency has obvious advantages, which can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and enhance the convenience and transparency of economic transaction activities. The issue of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, and also ensures the security of monetary transactions
although the issuing method of digital currency is still under study, paper currency has been regarded as "the currency of the previous generation" by some professionals, and it is the general trend to be replaced by new technologies and procts. Due to China's large population and volume, the timetable for issuing digital currency is still uncertain. It is predicted that digital currency and cash will be in parallel and graally replaced for quite a long time. When the era of digital currency really comes, people will carry less and less cash, travel more and more safe, poverty alleviation more and more accurate, corruption more and more difficult to escape, and thieves more and more difficult