Will the market value of Ethereum reach 1 trillion
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
If you use three words to describe the latest bitcoin, it can only be three words & quot; It's going crazy;. On February 19, the price of bitcoin reached a high of US $56000, with a total market value of US $1 trillion{ RRRRR}
coupled with the global popularity and high liquidity of bitcoin, long-term holders believe that bitcoin is an ideal medium for long-term wealth storage and will appreciate over time
how does bitcoin work? In the bitcoin system, the way money drives is not the digital transfer of cash that most people imagine. When Alice remits money to Bob, Alice's process is like recording on the account book that everyone sees that she transferred $1 to Bob. If Carol wants to charge Bob a dollar, she can see from the same ledger that Bob does have a dollar
If you really don't know about bitcoin, you will know that the earliest holder of bitcoin has made money. Do you think that bitcoin is rising and he has to sell when he makes money? Will he keep holding it? Are ordinary people, in the face of such a big temptation, can not hold on
later, people were cut like leeks, wave after wave. At least among the people I know and the stories I heard, no one made money because of bitcoin
summary:
what is bitcoin? I don't know. It's like virtual currency. It can't be used for payment or transfer. There's also a so-called dark net
the rise and fall is just like gambling. At the beginning, gold and silver were bought in the same way. Gambling is risky and investment should be cautious. people want to eat all the time when they get the sweets. Do you know what is to stop when it's good? Don't be greedy, you are just a leek in the eyes of bitcoin, not a bundle, understand
I think it should be higher in the future. Although many people do not recognize the value of bitcoin, even many people think bitcoin is just a hoax, but in the current situation, the market value of bitcoin has returned to 10000 billion US dollars, and the unit price has also reached 58000 dollars. Under such circumstances, if the bubble of bitcoin burst, It is likely to bring disastrous effects to the global economy, so although I personally do not recognize the value of bitcoin, I think bitcoin will continue to rise in the future, which is a proct of market recognition
the market value of bitcoin is back to US $100 billion
this news is very exciting, but also very uncomfortable. Why do you say that? Because bitcoin itself has no value, it is just a proct of capital speculation. At the same time, the rise of bitcoin also means the further aggravation of inflation. We may not feel the severity of inflation at home. We will only feel that the current price is only a little higher than before, and we can still make a lot of money now, But inflation is actually very serious abroad, and bitcoin's constant breakthrough is a sign{ RRRRR}
I hope it will help you
The total market value of bitcoin has exceeded US $1 trillion. What is the reason that makes it so powerful? Let's take a look at bitcoin. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system< unlike all currencies, bitcoin does not rely on a specific monetary institution to issue. It is generated by a large number of calculations based on a specific algorithm
from the performance of bitcoin at this stage, bitcoin has low liquidity level and high liquidity risk, so it can not effectively perform the three basic functions of currency: transaction medium, pricing unit and value storage, and can not become a real currency< because it is not a currency in circulation, it has no legal status, so it is not recommended to invest in bitcoin because the risk is too high so far, countries have not recognized the value of bitcoin itself, so the risk of bitcoin is relatively high. But there are also many people who can't resist the temptation of money, so they choose to start bitcoin. But in the end, they have suffered a lot, and some people have paid for their lives
no one can really master bitcoin. If you are interested, you can learn more about it. Many people speculate that bitcoin will continue to rise. If you have spare money, you can invest some first, but you must keep a rational attitude
bus line: Metro Line 2 → Metro Line 1, the whole journey is about 12.1km
1. Walk about 60m from Chunxi Road to Chunxi Road Station
2. Take Metro Line 2, pass 1 station to Tianfu Square Station
3. Take Metro Line 1, pass 10 stations to Jincheng Square Station
4. Walk about 480m to Western China International Expo City (Xibo city)