Ethereum application scenarios lead to price rise
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure whether it is the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no purchase value and can only be sold to others. I think it's a fraud.
however, bitcoin is not the only cryptocurrency with rising value. The value of another cryptocurrency called Ethereum has been increasing since January 2017. From $8.24 to $203. Up 2367%
investors are worried that in the past few years, cryptocurrencies have gained the favor of many investors who are looking for other investment methods than traditional ones. Although most investors still invest their money in traditional financial markets, such as the stock market and foreign exchange market, many of these investors have begun to worry about the economic climate of the world economy
recent events have made us aware of the instability of traditional financial markets such as the stock market and foreign exchange market. Many investors have been looking for other ways to invest their money
with the creation and popularization of cryptocurrency and its rapidly rising value, many investors, especially those from Asia, have joined the trend of bitcoin and cryptocurrency
advantages of Ethereum
although many people are more familiar with it, Ethereum has also gained a fair share of the market with its own value. However, there are key differences between the blockchains used by Ethereum and bitcoin
the difference between the two systems is that Ethereum's data processing speed is faster than that of bitcoin, because once agreed, Ethereum's system will automatically apply to the terms and conditions in the contract
although many people may think that Ethereum may be inferior to bitcoin because its value is lower than bitcoin, this is a good thing for investors who are looking for investment channels other than bitcoin. A lower price may attract more investors because it has more room for growth. The only drawback is that Ethereum is not as established as bitcoin. In view of this, bitcoin is more secure than Ethereum<
not as volatile as before
since bitcoin was founded in 2009, cryptocurrencies have made great achievements, and they have continued to grow. In fact, the value of legal cryptocurrency has risen a lot since then
although cryptocurrencies have performed very well this year, analysts expect that when the economic situation is good, investors will leave cryptocurrencies and return to traditional investment media. When this happens, the volatility of cryptocurrency will decrease because of the decrease of demand
of course, we will still see the growth of cryptocurrency in the next few years, which will help the instry remain strong. When that happens, it's a good idea for investors to hold cryptocurrencies for future growth.
Policies and regulations
The price of Eth and other virtual currencies is determined by the following aspects: 1. Frequency of use; 2. Actual use; 3. Number of participants
as for how much room to go up, the current price of Ethereum is about 6600. Recently, e to the frequent use of Ethereum private placement, Ethereum has risen to more than 10000. Ethereum is a smart contract, and there are countless tokens developed based on Ethereum. Therefore, as the underlying public chain of smart contract, its prospect changes with the popularity of blockchain, However, some time ago, the disadvantages of Ethereum were exposed. The main chain was congested and the handling fees were extremely expensive. The development of Ethereum was close to the bottleneck. Therefore, the room for its growth was whether the developers could improve the main chain environment according to the disadvantages. As for the number of participants, it was not a big problem now. Pay more attention to the current development progress of the developers and focus on doing things, There is a bright future ahead
at present, the websites that can trade Ethereum include: btctrade international station, Huo coin, coin an, etc.
the news conference of gemcoin, the us rich monetary fund, was held at 11:08 a.m. on October 4, 2014 at Sheraton flushing hotel in New York
on behalf of Steve Chen, group president, Leonard Johnson, vice president of the US Regal monetary fund, announced to the New York public that gemcoin has been officially issued since September 1, 2014, and introced the intrinsic value of gemcoin, which has high appreciation potential and wide liquidity
in his speech, he affirmed the influence of gemcoin in the field of international virtual currency and the stability of its value
gemcoin issued by the us rich monetary fund is supported by AFG group's gem mines all over the world and will have wide circulation
gemcoin, the us rich monetary fund, held a grand press conference in New York on Saturday_ Figure 1-2
gemcoin is mainly circulated in gem mining and financial circles, with huge circulation. Gemcoin has gemcoin equivalent sales of the fund, issue gemcoin equivalent gifts (for example, invest $10000, get $10000 gem and get $10000 gemcoin)
the U.S. Regal monetary fund belongs to the monetary fund of AFG group, whose value is endorsed by AFG group
AFG group was founded in 2002, registered in Delaware, USA, and headquartered in Los Angeles. It is a large multinational enterprise. AFG group invests in finance, real estate fund (REIT), real estate, mining (GEM), auction, communication, biotechnology and aviation equipment. Our business covers North America, South America, Europe, Asia and Australia. The global total assets of the group reach more than 50 billion US dollars
all these have laid an incomparable market foundation for gemcoin and kept its value relatively stable
Gem Coins will be issued at US $0.05 from September 1
bitcoin has increased by 16257 times from the initial $0.06 issued in 2009 to the highest $979.45
virtual currency refers to non real currency. When virtual currency is linked with reality, virtual currency has its real value and can be traded and used to purchase goods and services. With the promulgation of ab-129 act, virtual currency has become a legal means of payment
virtual currency is mainly divided into the following categories:
1. Internet based digital currency represented by bitcoin
2. The points, vouchers and vouchers issued by businesses have commercial currency
however, the above two currencies have their own limitations. First, digital currency itself has no value. Its origin is a series of computer digital codes, and digital currency can only be used for circulation if it is accepted by both the payer and the payer. At the same time, its security has been widely questioned; The commercial currency issued by the merchant has a certain intrinsic value, which is often guaranteed by the merchant to pay, and can only be used to purchase the goods or services designated by the merchant. Both digital currency and commercial currency need a large number of users to be widely circulated
gemcoin issued by the us rich monetary fund is a new generation of virtual currency based on digital currency and commercial currency, which has carried out financial innovation. It abandons the inherent defects of traditional virtual currency and has high appreciation potential and wide liquidity
first of all, gemcoin has its intrinsic value. Its value is supported by gem mines all over the world by the holding group of American Regal Monetary Fund. At the same time, gemcoin will have wide circulation. The holding group of American Regal Monetary Fund has US $50 billion assets, and its business covers North America, South America, Europe, Asia and Australia, with more than 2 million users in the world, 3000 gem chain stores will be set up, all of which have laid an unparalleled market foundation for gemcoin
bitcoin has increased 16257 times from $0.06 originally issued in 2009 to $979.45, but it has no intrinsic value. There is no doubt that gemcoin, backed by the us rich Monetary Fund and gems, will surpass the brilliance bitcoin once created
gemcoin is strongly backed by AFG group and gem minerals, which has more room for appreciation and will lead the new trend of currency.
When Ethereum broke through the $3000 mark, the bitcoin market caused these impacts:
1. Ethereum broke through and rose $3000, bitcoin and other virtual currencies received more and more attention:
2. Bitcoin and Ethereum are both virtual currencies, and they have linkage effect
3
emerging instries will encounter difficulties in the development process. After these difficulties are solved, new cognition will be formed, which will break everyone's cognition and be accepted by everyone. Bitcoin is like this, from doubt to recognition and then to acceptance. Ethereum broke through the $3000 mark, which had a significant impact on the bitcoin market. The virtual currency has formed a plate effect from bitcoin to dogcoin, and now Ethereum. This shows that the virtual currency is getting more and more attention. There is a strong linkage between virtual currencies. The rise of Ethereum may also stimulate the rise of bitcoin, Finally, the valuation of virtual currency may be greatly improved, which is actually very beneficial to the whole virtual currency
there is a lot of controversy about virtual currency now, because no one can control the decentralization, and basically no country recognizes their value, but this has not affected the rise of Ethereum based virtual currency, which is actually the problem of pattern and cognition. For ordinary investors, I do not recommend to participate in virtual currency, which is too risky to grasp< br />