Li Qiyuan's Micro blog
Publish: 2021-05-17 15:13:29
1.
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
this article is for reference only
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2. About three years ago, lightcoin was invented by Chinese American Charles Lee, the younger brother of Li Qiyuan, CEO of bitcoin China. Bitcoin house reports
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central authority. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central authority. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
3. Of course, there are people in the United States who play bitcoin. After all, lightcoin was also invented by Chinese Americans, the younger brother of Li Qiyuan, President of bitcoin China. Cryptocurrencies such as bitcoin and lightcoin came from Europe and the United States. At first, those who played bitcoin were all European and American countries. However, it is commendable that the Chinese are relatively smart, and every upgrading of the mining instry is inseparable from China
for example, the bitcoin mining entered the ASIC era, thanks to Avalon and roast cat. Of course, the butterfly experiment in the United States also contributed, but the consistent ticket skipping style of the butterfly laboratory in the United States is despised. There is also the roast cat with the upgrading of technology is graally marginalized, at present only Avalon has been in the forefront of innovation. It's the same with Laite coin ASIC mining. The Chinese were the first to develop Laite coin ASIC mining chips, which broke the myth that ASIC chips can't be used in Laite coin mining.
for example, the bitcoin mining entered the ASIC era, thanks to Avalon and roast cat. Of course, the butterfly experiment in the United States also contributed, but the consistent ticket skipping style of the butterfly laboratory in the United States is despised. There is also the roast cat with the upgrading of technology is graally marginalized, at present only Avalon has been in the forefront of innovation. It's the same with Laite coin ASIC mining. The Chinese were the first to develop Laite coin ASIC mining chips, which broke the myth that ASIC chips can't be used in Laite coin mining.
4. Lettercoin is network currency
litecoin (abbreviated as LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
litecoin (abbreviated as LTC, currency symbol: Ł) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places.
5. The epidemic has caused great damage to the world, not only to life safety and public health, but also to the global economy and financial markets. According to the latest forecast of IMF, the global economy may shrink by more than 3% in 2020, among which the developed countries will generally have negative growth, while China and India may only maintain normal growth
in the face of such a large-scale disaster that is more serious than any other economic crisis in history, the most common means to help the workers and enterprises in trouble are the government issuing treasury bonds and the central bank printing money. The United States has issued three rounds of fiscal stimulus policies, the total stimulus scale is more than US $2.1 trillion, and the fourth round of US $484 billion stimulus is about to be launched. The four rounds of quantitative easing will reach US $2.6 trillion, accounting for about 12% of the US GDP in 19 years. This is an appalling figure, equivalent to 8.9% off everyone's wealth
in China, the amount of water released by the central bank is only 50% higher than that in the United States. The United States releases water, which is shared by people all over the world. As the RMB has not yet completed the mission of global currency, most of the water released by China is borne by the Chinese people. In other words, when the United States releases water, the Chinese people will bear part of it, and when China releases water, the Chinese people will bear most of it, so their wealth will be discounted. It is urgent to give up holding cash and find a safe investment channel and high-quality hedging assets
traditional hedging investment assets include treasury bonds, gold, funds, etc., but the financial crisis is fierce, and the traditional hedging assets are no longer enough to ensure that the property will not depreciate. Bitoffer analyst Lucian believes that bitcoin ETF fund may be the best hedge asset at this stage
first of all, bitcoin is known as "digital gold", and bitcoin exists in the decentralized blockchain, so it is almost impossible to lose (unless you forget the private key), which is more secure than gold hidden in the safe at home; Secondly, bitcoin is easy to carry and can be used for circulation payment, which is more and more widely than gold. On the one hand, it is the stored value function of digital gold; on the other hand, it is the payment and circulation function of money. What is more difficult is that the price of bitcoin is seriously undervalued and will continue to rise in the future. Therefore, bitcoin is a better hedge investment asset than gold
and bitcoin ETF fund is the best tool to enlarge bitcoin income. Why do you say that? Although the contract can also enlarge the income of bitcoin, but the contract is easy to burst, once the price volatility is large, the contract burst will make investors lose money. Bitcoin ETF funds are different. Through the dynamic position adjustment mechanism, ETF funds do not have the risk of bursting positions. Moreover, through the rising net value of the fund, they can continue to earn income from income. The earlier they buy, the bigger the income rolls, with the lowest income of 3 times and the highest income of 17 times
for example, if you buy a bitcoin for us $10000, you can double the spot price, while ETF funds don't worry about bursting their positions. The minimum profit is 3 times and the maximum profit is 17 times. That is to say, if bitcoin doubles, ETF funds can earn US $170000.
in the face of such a large-scale disaster that is more serious than any other economic crisis in history, the most common means to help the workers and enterprises in trouble are the government issuing treasury bonds and the central bank printing money. The United States has issued three rounds of fiscal stimulus policies, the total stimulus scale is more than US $2.1 trillion, and the fourth round of US $484 billion stimulus is about to be launched. The four rounds of quantitative easing will reach US $2.6 trillion, accounting for about 12% of the US GDP in 19 years. This is an appalling figure, equivalent to 8.9% off everyone's wealth
in China, the amount of water released by the central bank is only 50% higher than that in the United States. The United States releases water, which is shared by people all over the world. As the RMB has not yet completed the mission of global currency, most of the water released by China is borne by the Chinese people. In other words, when the United States releases water, the Chinese people will bear part of it, and when China releases water, the Chinese people will bear most of it, so their wealth will be discounted. It is urgent to give up holding cash and find a safe investment channel and high-quality hedging assets
traditional hedging investment assets include treasury bonds, gold, funds, etc., but the financial crisis is fierce, and the traditional hedging assets are no longer enough to ensure that the property will not depreciate. Bitoffer analyst Lucian believes that bitcoin ETF fund may be the best hedge asset at this stage
first of all, bitcoin is known as "digital gold", and bitcoin exists in the decentralized blockchain, so it is almost impossible to lose (unless you forget the private key), which is more secure than gold hidden in the safe at home; Secondly, bitcoin is easy to carry and can be used for circulation payment, which is more and more widely than gold. On the one hand, it is the stored value function of digital gold; on the other hand, it is the payment and circulation function of money. What is more difficult is that the price of bitcoin is seriously undervalued and will continue to rise in the future. Therefore, bitcoin is a better hedge investment asset than gold
and bitcoin ETF fund is the best tool to enlarge bitcoin income. Why do you say that? Although the contract can also enlarge the income of bitcoin, but the contract is easy to burst, once the price volatility is large, the contract burst will make investors lose money. Bitcoin ETF funds are different. Through the dynamic position adjustment mechanism, ETF funds do not have the risk of bursting positions. Moreover, through the rising net value of the fund, they can continue to earn income from income. The earlier they buy, the bigger the income rolls, with the lowest income of 3 times and the highest income of 17 times
for example, if you buy a bitcoin for us $10000, you can double the spot price, while ETF funds don't worry about bursting their positions. The minimum profit is 3 times and the maximum profit is 17 times. That is to say, if bitcoin doubles, ETF funds can earn US $170000.
6. Improve the authenticity of identity. Now there are a lot of fake ID card pictures on the Internet. If you don't hold your ID card, it's easy to make a fake. The cost of counterfeiting is relatively high. General virtual currency trading market is this kind of practice, the real name authentication of flow ore is also ah, need to hold.
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