Factors influencing the rise and fall of the Leyte currency
the price of bitcoin is determined by supply and demand. The price of bitcoin is still very unstable, which means that the demand must follow this inflation level in order to keep the price stable. The big price change is e to its great volatility
After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price
on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term
in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point
the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher
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Leyte coins can be traded 24 hours a day. You can buy up or down depending on your personal wishes. There is also a futures market for Leyte.
in addition to Wright coin, bitcoin, Ruitai coin and vitality coin do not have price limits.
to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example
the following is the process of our bank debit card transaction:
you can buy goods by swiping your card in the store
the merchant sends the bill to your bank to get the agreed amount
your bank will verify whether you are likely to authorize the purchase
banks remit money to businesses
finally, the bank records this information in its ledger
there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made
the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do
it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on
that's why distributed ledger is so cool
blockchain network visualization
if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank
each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it
on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)
as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction
in the future of blockchain, how will it change our lives
one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it
blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years
that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy
although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one
imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle